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
₽37244
₽48070
₽43923
₽57623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 700
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.

-
-
-
36 530
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.

-
-
-
6 687
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.

-
-
-
2 010
total
-
-
-
58 927
Employee

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

37 441
-
132 500
-
income

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

1 046
-
36 530
-
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.

58
-
2 010
-
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.

6 687
-
6 687
-
total
7 791
-
45 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 059
132 500
-
-
income
14 259
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.

784
1 092
-
-
trade
14 973
20 869
-
-
chamber of commerce
286
338
-
-
total
30 302
42 174
-
-
Dividends
64 757
90 326
-
-
surtax

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

869
1 222
-
-
withholding
15 818
22 210
-
-
total
16 687
23 432
-
-
Income
132 500
132 500
132 500
132 500
Total tax
54 780
65 606
45 227
58 927
After tax
77 720
66 894
87 273
73 573
Living cost
29 650
29 650
29 650
29 650
Free-cash
48 070
37 244
57 623
43 923

Estimated living cost  is ₽29650 per week

₽18651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29575
₽28692
₽26002
₽27041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 147
national
-
-
-
21 922
pensions
-
-
-
15 900
social contributions
-
-
-
1 424
total
-
-
-
53 393
Employee
82 322
-
114 545
-
national
15 756
-
22 717
-
pensions
3 293
-
4 582
-
municipal
10 168
-
14 660
-
total
29 217
-
41 959
-
Employer
82 322
-
114 545
-
social contributions
885
-
1 231
-
pensions
6 586
-
9 164
-
total
7 471
-
10 395
-
Corporate
37 274
132 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

7 455
26 500
-
-
total
7 455
26 500
-
-
Dividends
29 819
106 000
-
-
withholding
6 560
23 320
-
-
total
6 560
23 320
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 703
49 820
52 354
53 393
After tax
81 797
82 680
80 146
79 107
Living cost
53 105
53 105
53 105
53 105
Free-cash
28 692
29 575
27 041
26 002

Estimated living cost  is ₽53105 per week

₽36095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽795
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85636
₽77605
₽20107
₽53924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
20 735
surtax
-
-
-
33 787
social contributions

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

-
-
-
37 506
total
-
-
-
92 028
Employee
28 604
-
106 777
-
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.

3 147
-
11 746
-
income
5 092
-
20 742
-
surtax
-
-
-
-
total
8 239
-
32 488
-
Employer
28 604
-
106 777
-
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.

6 890
-
25 723
-
surtax
-
-
-
-
total
6 890
-
25 723
-
Corporate
97 006
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%.

19 401
26 499
-
-
total
19 401
26 499
-
-
Dividends

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

77 605
106 001
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
34 530
26 499
58 211
92 028
After tax
97 970
106 001
74 289
40 472
Living cost
20 365
20 365
20 365
20 365
Free-cash
77 605
85 636
53 924
20 107

Estimated living cost  is ₽20365 per week

₽12992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23997
₽18000
₽34923
₽36078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 030
health
-
-
-
12 071
pensions
-
-
-
11 469
total
-
-
-
56 570
Employee
83 594
83 594
114 308
-
pensions
15 047
11 469
11 469
-
income

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

13 683
13 683
13 683
-
health
12 831
10 914
12 071
-
total
41 561
36 066
37 223
-
Employer
83 594
83 594
114 308
-
health
5 811
5 811
7 221
-
pensions
5 818
5 818
7 232
-
unemployment
3 009
3 009
3 739
-
total
14 638
14 638
18 192
-
Corporate
35 294
34 268
-
-
income
7 059
6 853
-
-
total
7 059
6 853
-
-
Dividends
28 235
27 415
-
-
income
6 000
5 826
-
-
withholding
4 235
4 113
-
-
total
10 235
9 939
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 493
67 496
55 415
56 570
After tax
59 007
65 004
77 085
75 930
Living cost
41 007
41 007
41 007
41 007
Free-cash
18 000
23 997
36 078
34 923

Estimated living cost  is ₽41007 per week

₽29061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33354
₽32478
₽31211
₽30160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
32 129
national
-
-
-
5 412
unemployment
-
-
-
86
accident
-
-
-
171
health
-
-
-
5 332
pensions
-
-
-
9 238
other
-
-
-
9 930
total
-
-
-
62 298
Employee
55 559
-
105 650
-
national
-
-
4 993
-
municipal
16 568
-
31 505
-
total
16 568
-
36 498
-
Employer
55 559
-
105 650
-
health
3 417
-
5 256
-
pensions
6 006
-
9 238
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
total
17 457
-
26 851
-
Corporate
59 484
132 500
-
-
income
13 087
29 150
-
-
total
13 087
29 150
-
-
Dividends
46 398
103 350
-
-
withholding
13 919
31 005
-
-
total
13 919
31 005
-
-
Income
132 500
132 500
132 500
132 500
Total tax
61 031
60 155
63 349
62 298
After tax
71 469
72 345
69 151
70 202
Living cost
38 991
38 991
38 991
38 991
Free-cash
32 478
33 354
30 160
31 211

Estimated living cost  is ₽38991 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27759
₽41514
₽34509
₽48818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 309
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.

-
-
-
36 530
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.

-
-
-
6 687
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.

-
-
-
2 010
total
-
-
-
59 536
Employee

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

49 642
-
132 500
-
income

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

4 265
-
36 530
-
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.

234
-
2 010
-
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.

6 687
-
6 687
-
total
11 186
-
45 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 858
132 500
-
-
income
12 429
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.

684
1 092
-
-
trade
13 629
21 796
-
-
chamber of commerce
266
336
-
-
total
27 008
43 099
-
-
Dividends
55 850
89 401
-
-
surtax

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

747
1 209
-
-
withholding
13 590
21 978
-
-
total
14 337
23 187
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 531
66 286
45 227
59 536
After tax
79 969
66 214
87 273
72 964
Living cost
38 455
38 455
38 455
38 455
Free-cash
41 514
27 759
48 818
34 509

Estimated living cost  is ₽38455 per week

₽25719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65039
₽60978
₽60813
₽59534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
20 720
health
-
-
-
3 379
social contributions
-
-
-
15 838
total
-
-
-
39 937
Employee
75 272
75 272
121 820
-
social contributions
3 658
6 247
8 426
-
income
7 904
6 968
20 040
-
health
749
1 280
2 071
-
total
12 311
14 495
30 537
-
Employer
75 272
75 272
121 820
-
social contributions
3 658
6 247
8 426
-
health
816
1 393
2 253
-
total
4 474
7 640
10 679
-
Corporate
83 966
49 587
-
-
income
10 496
6 199
-
-
total
10 496
6 199
-
-
Dividends
73 470
43 388
-
-
withholding
12 491
7 377
-
-
total
12 491
7 377
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 772
35 711
41 216
39 937
After tax
92 728
96 789
91 284
92 563
Living cost
31 750
31 750
31 750
31 750
Free-cash
60 978
65 039
59 534
60 813

Estimated living cost  is ₽31750 per week

₽21705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55361
₽55760
₽72605
₽57627
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

27 693
11 021
110 879
-
pensions
2 769
1 102
11 088
-
unemployment
415
165
1 663
-
income
3 385
1 347
13 555
-
health
1 938
771
7 762
-
total
8 507
3 385
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.

27 693
11 021
110 879
-
pensions
5 400
2 149
21 621
-
total
5 400
2 149
21 621
-
Corporate
99 407
119 330
-
-
income
8 947
10 740
-
-
total
8 947
10 740
-
-
Dividends
90 461
108 590
-
-
social contributions
17 514
21 049
-
-
withholding
17 188
20 632
-
-
total
34 702
41 681
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 556
57 955
55 689
40 711
After tax
74 944
74 545
76 811
91 789
Living cost
19 184
19 184
19 184
19 184
Free-cash
55 760
55 361
57 627
72 605

Estimated living cost  is ₽19184 per week

₽13091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82357
₽76276
₽47376
₽52730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 755
health
-
-
-
17 226
pensions
-
-
-
26 499
total
-
-
-
61 480
Employee
27 770
-
99 029
-
pensions
555
-
1 980
-
unemployment
444
-
1 585
-
income
3 126
-
19 093
-
total
4 125
-
22 658
-
Employer
27 770
-
99 029
-
health
3 609
-
12 873
-
pensions
5 554
-
19 804
-
unemployment
223
-
791
-
total
9 386
-
33 468
-
Corporate
95 344
132 500
-
-
income
19 069
26 499
-
-
total
19 069
26 499
-
-
Dividends
76 275
106 001
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
32 580
26 499
56 126
61 480
After tax
99 920
106 001
76 374
71 020
Living cost
23 644
23 644
23 644
23 644
Free-cash
76 276
82 357
52 730
47 376

Estimated living cost  is ₽23644 per week

₽16217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10514
₽7473
₽69467
₽49404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
244
income
-
-
-
35 060
health
-
-
-
2 106
pensions
-
-
-
4 018
other
-
-
-
358
total
-
-
-
41 786
Employee
33 423
-
117 037
-
pensions
3 764
-
7 368
-
income
4 585
-
25 619
-
health
3 827
-
13 401
-
total
12 176
-
46 388
-
Employer
33 423
-
117 037
-
pensions
5 435
-
10 640
-
accident
558
-
1 954
-
unemployment
819
-
2 867
-
total
6 812
-
15 461
-
Corporate
92 265
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.

83 039
119 250
-
-
total
83 039
119 250
-
-
Dividends
9 227
13 250
-
-
withholding
1 753
2 517
-
-
total
1 753
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 780
121 767
61 849
41 786
After tax
28 720
10 733
70 651
90 714
Living cost
21 247
21 247
21 247
21 247
Free-cash
7 473
-10 514
49 404
69 467

Estimated living cost  is ₽21247 per week

₽15572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117413
₽115827
₽122713
₽97538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
132 500
microenterprise

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

-
-
-
1 325
total
-
-
-
1 325
Employee
10 578
-
132 500
-
income
2 115
-
26 500
-
total
2 115
-
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%.

121 922
132 500
-
-
total
-
-
-
-
Dividends
121 922
132 500
-
-
withholding
6 096
6 625
-
-
total
6 096
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 211
6 625
26 500
1 325
After tax
124 289
125 875
106 000
131 175
Living cost
8 462
8 462
8 462
8 462
Free-cash
115 827
117 413
97 538
122 713

Estimated living cost  is ₽8462 per week

₽5244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71263
₽64652
₽44490
₽49969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
18 002
health
-
-
-
5 829
pensions

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

-
-
-
31 801
other
-
-
-
6 294
total
-
-
-
61 926
Employee
35 543
-
105 830
-
pensions

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

2 487
-
7 408
-
unemployment
355
-
1 059
-
income
6 119
-
19 828
-
health
498
-
1 482
-
total
9 459
-
29 777
-
Employer
35 543
-
105 830
-
health
498
-
1 482
-
pensions

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

6 043
-
17 991
-
accident
284
-
847
-
other
1 778
-
5 291
-
unemployment
355
-
1 059
-
total
8 958
-
26 670
-
Corporate
88 000
132 500
-
-
income
18 480
27 826
-
-
total
18 480
27 826
-
-
Dividends
69 520
104 674
-
-
withholding
4 867
7 327
-
-
total
4 867
7 327
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 764
35 153
56 447
61 926
After tax
90 736
97 347
76 053
70 574
Living cost
26 084
26 084
26 084
26 084
Free-cash
64 652
71 263
49 969
44 490

Estimated living cost  is ₽26084 per week

₽18430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25315
₽19930
₽25110
₽12888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 527
pensions
-
-
-
8 038
total
-
-
-
41 565
Employee
93 133
-
116 124
-
pensions
8 985
-
10 186
-
income
16 788
-
25 381
-
health
1 535
-
1 843
-
total
27 308
-
37 410
-
Employer
93 133
-
116 124
-
health
1 769
-
2 207
-
pensions
10 996
-
14 170
-
total
12 765
-
16 377
-
Corporate
26 602
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.

5 055
25 175
-
-
total
5 055
25 175
-
-
Dividends
21 547
107 325
-
-
withholding
1 617
16 185
-
-
total
1 617
16 185
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 745
41 360
53 787
41 565
After tax
85 755
91 140
78 713
90 935
Living cost
65 825
65 825
65 825
65 825
Free-cash
19 930
25 315
12 888
25 110

Estimated living cost  is ₽65825 per week

₽49324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7734
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.
₽8233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100283
₽95674
₽90369
₽95110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
139
income
-
-
-
19 875
health
-
-
-
3 984
pensions

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

-
-
-
5 128
total
-
-
-
29 126
Employee
17 221
-
125 702
-
pensions

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

1 512
-
3 042
-
income
1 722
-
12 570
-
health
792
-
1 594
-
accident

We are using the highest rate at 1.1%.

190
-
381
-
total
4 216
-
17 587
-
Employer
17 221
-
125 702
-
health
1 189
-
2 391
-
pensions

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

1 898
-
3 818
-
accident

We are using the highest rate at 1.1%.

190
-
381
-
unemployment
103
-
208
-
total
3 380
-
6 798
-
Corporate
111 900
132 500
-
-
income
11 190
13 250
-
-
total
11 190
13 250
-
-
Dividends
100 710
119 250
-
-
withholding
5 035
5 962
-
-
total
5 035
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
23 821
19 212
24 385
29 126
After tax
108 679
113 288
108 115
103 374
Living cost
13 005
13 005
13 005
13 005
Free-cash
95 674
100 283
95 110
90 369

Estimated living cost  is ₽13005 per week

₽7593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10723
₽13185
₽21649
₽22804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 030
health
-
-
-
12 071
pensions
-
-
-
11 469
total
-
-
-
56 570
Employee
90 756
83 594
114 308
-
pensions
11 469
11 469
11 469
-
income

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

13 683
13 683
13 683
-
health
11 322
10 914
12 071
-
total
36 474
36 066
37 223
-
Employer
90 756
83 594
114 308
-
health
6 307
5 811
7 221
-
pensions
6 316
5 818
7 232
-
unemployment
3 268
3 009
3 739
-
total
15 891
14 638
18 192
-
Corporate
25 854
34 268
-
-
income
5 172
6 853
-
-
total
5 172
6 853
-
-
Dividends
20 682
27 415
-
-
income
4 395
5 826
-
-
withholding
3 102
4 113
-
-
total
7 497
9 939
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 034
67 496
55 415
56 570
After tax
67 466
65 004
77 085
75 930
Living cost
54 281
54 281
54 281
54 281
Free-cash
13 185
10 723
22 804
21 649

Estimated living cost  is ₽54281 per week

₽40041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66906
₽58230
₽43355
₽42919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
11 942
health
-
-
-
17 887
social contributions
-
-
-
34 996
total
-
-
-
64 825
Employee
35 765
-
98 881
-
social contributions
2 325
-
6 427
-
income
4 292
-
11 866
-
solidarity contribution
-
-
-
-
health
4 828
-
13 349
-
total
11 445
-
31 642
-
Employer
35 765
-
98 881
-
social contributions
8 941
-
24 720
-
health
3 219
-
8 899
-
total
12 160
-
33 619
-
Corporate
84 574
132 500
-
-
income
16 069
25 175
-
-
total
16 069
25 175
-
-
Dividends
68 505
107 325
-
-
withholding
10 276
16 099
-
-
total
10 276
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 950
41 274
65 261
64 825
After tax
82 550
91 226
67 239
67 675
Living cost
24 320
24 320
24 320
24 320
Free-cash
58 230
66 906
42 919
43 355

Estimated living cost  is ₽24320 per week

₽16893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29387
₽24276
₽24241
₽17935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
788
national
-
-
-
30 564
regional
-
-
-
1 523
social contributions
-
-
-
34 078
total
-
-
-
66 953
Employee
86 998
-
132 500
-
national
15 075
-
26 536
-
social contributions
29 336
-
44 680
-
municipal
461
-
702
-
regional
821
-
1 341
-
total
45 693
-
73 259
-
Employer
86 998
-
132 500
-
total
-
-
-
-
Corporate
45 502
132 500
-
-
municipal
1 774
5 168
-
-
nationa
10 921
31 801
-
-
total
12 695
36 969
-
-
Dividends
32 807
95 531
-
-
withholding
8 530
24 838
-
-
total
8 530
24 838
-
-
Income
132 500
132 500
132 500
132 500
Total tax
66 918
61 807
73 259
66 953
After tax
65 582
70 693
59 241
65 547
Living cost
41 306
41 306
41 306
41 306
Free-cash
24 276
29 387
17 935
24 241

Estimated living cost  is ₽41306 per week

₽28793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
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.
₽9169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61742
₽58694
₽41269
₽38838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
223
income
-
-
-
29 847
health
-
-
-
9 275
surtax
-
-
-
4 156
pensions
-
-
-
26 129
other
-
-
-
-
total
-
-
-
69 630
Employee
32 371
-
109 458
-
pensions
2 159
-
7 301
-
unemployment
2 253
-
7 618
-
income
5 426
-
27 539
-
other
-
-
-
-
surtax
106
-
3 771
-
health
827
-
2 792
-
total
10 771
-
49 021
-
Employer
32 371
-
109 458
-
health
1 473
-
4 980
-
pensions
4 315
-
14 590
-
other
-
-
-
-
unemployment
1 025
-
3 470
-
total
6 813
-
23 040
-
Corporate
93 315
132 500
-
-
income
24 263
34 450
-
-
total
24 263
34 450
-
-
Dividends
69 052
98 050
-
-
withholding
10 358
14 707
-
-
total
10 358
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 205
49 157
72 061
69 630
After tax
80 295
83 343
60 439
62 870
Living cost
21 601
21 601
21 601
21 601
Free-cash
58 694
61 742
38 838
41 269

Estimated living cost  is ₽21601 per week

₽13208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46170
₽46560
₽45965
₽33743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 527
pensions
-
-
-
8 038
total
-
-
-
41 565
Employee
62 415
-
116 124
-
pensions
5 298
-
10 186
-
income
11 241
-
25 381
-
health
906
-
1 843
-
total
17 445
-
37 410
-
Employer
62 415
-
116 124
-
health
1 186
-
2 207
-
pensions
6 756
-
14 170
-
total
7 942
-
16 377
-
Corporate
62 142
132 500
-
-
income

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

11 807
25 175
-
-
total
11 807
25 175
-
-
Dividends
50 335
107 325
-
-
withholding
3 776
16 185
-
-
total
3 776
16 185
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 970
41 360
53 787
41 565
After tax
91 530
91 140
78 713
90 935
Living cost
44 970
44 970
44 970
44 970
Free-cash
46 560
46 170
33 743
45 965

Estimated living cost  is ₽44970 per week

₽33691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15823
₽16871
₽32628
₽26152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 397
national
-
-
-
1 412
regional
-
-
-
5 515
health
-
-
-
298
pensions
-
-
-
12 189
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.

-
-
-
2 649
total
-
-
-
23 460
Employee
89 421
-
118 593
-
national
423
-
1 109
-
city
960
-
1 274
-
pensions
7 513
-
9 962
-
unemployment
-
-
-
-
health
202
-
267
-
regional
2 928
-
4 722
-
total
12 026
-
17 334
-
Employer
89 421
-
118 593
-
health
202
-
267
-
pensions
7 513
-
9 962
-
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.

1 788
-
2 373
-
unemployment
-
-
-
-
total
9 503
-
12 602
-
Corporate
32 593
132 500
-
-
national
2 771
11 263
-
-
regional
6 892
28 023
-
-
total
9 663
39 286
-
-
Dividends
22 929
93 214
-
-
withholding
8 025
32 625
-
-
total
8 025
32 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 217
71 911
29 936
23 460
After tax
93 283
60 589
102 564
109 040
Living cost
76 412
76 412
76 412
76 412
Free-cash
16 871
-15 823
26 152
32 628

Estimated living cost  is ₽76412 per week

₽49689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20688
₽36560
₽27510
₽42429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 919
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.

-
-
-
36 530
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.

-
-
-
6 687
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.

-
-
-
2 010
total
-
-
-
60 146
Employee

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

58 830
-
132 500
-
income

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

6 918
-
36 530
-
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.

381
-
2 010
-
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.

6 687
-
6 687
-
total
13 986
-
45 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 670
132 500
-
-
income
11 051
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.

607
1 092
-
-
trade
12 634
22 724
-
-
chamber of commerce
253
334
-
-
total
24 545
44 025
-
-
Dividends
49 125
88 474
-
-
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.

656
1 196
-
-
withholding
11 909
21 747
-
-
total
12 565
22 943
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 096
66 968
45 227
60 146
After tax
81 404
65 532
87 273
72 354
Living cost
44 844
44 844
44 844
44 844
Free-cash
36 560
20 688
42 429
27 510

Estimated living cost  is ₽44844 per week

₽32752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33288
₽39074
₽41824
₽43800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 515
health
-
-
-
4 356
surtax
-
-
-
-
pensions
-
-
-
27 432
other
-
-
-
4 107
social contributions
-
-
-
3 775
total
-
-
-
57 185
Employee
41 895
-
104 901
-
pensions
4 737
-
6 318
-
social contributions
1 194
-
2 989
-
income
2 473
-
18 303
-
surtax
-
-
-
-
total
8 404
-
27 610
-
Employer
41 895
-
104 901
-
social contributions
126
-
314
-
health
2 933
-
8 550
-
pensions
6 883
-
10 810
-
other
1 445
-
3 677
-
unemployment
1 696
-
4 248
-
total
13 083
-
27 599
-
Corporate
77 522
132 500
-
-
income
21 706
37 101
-
-
surtax
-
-
-
-
total
21 706
37 101
-
-
Dividends
55 815
95 399
-
-
social contributions
9 598
16 410
-
-
surtax
-
-
-
-
withholding
7 144
12 210
-
-
total
16 742
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 935
65 721
55 209
57 185
After tax
72 565
66 779
77 291
75 315
Living cost
33 491
33 491
33 491
33 491
Free-cash
39 074
33 288
43 800
41 824

Estimated living cost  is ₽33491 per week

₽21118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36606
₽42046
₽45142
₽47118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 515
health
-
-
-
4 356
surtax
-
-
-
-
pensions
-
-
-
27 432
other
-
-
-
4 107
social contributions
-
-
-
3 775
total
-
-
-
57 185
Employee
37 397
-
104 901
-
pensions
4 230
-
6 318
-
social contributions
1 066
-
2 989
-
income
1 928
-
18 303
-
surtax
-
-
-
-
total
7 224
-
27 610
-
Employer
37 397
-
104 901
-
social contributions
111
-
314
-
health
2 617
-
8 550
-
pensions
6 145
-
10 810
-
other
1 291
-
3 677
-
unemployment
1 514
-
4 248
-
total
11 678
-
27 599
-
Corporate
83 424
132 500
-
-
income
23 358
37 101
-
-
surtax
-
-
-
-
total
23 358
37 101
-
-
Dividends
60 066
95 399
-
-
social contributions
10 332
16 410
-
-
surtax
-
-
-
-
withholding
7 689
12 210
-
-
total
18 021
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 281
65 721
55 209
57 185
After tax
72 219
66 779
77 291
75 315
Living cost
30 173
30 173
30 173
30 173
Free-cash
42 046
36 606
47 118
45 142

Estimated living cost  is ₽30173 per week

₽17499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60080
₽60589
₽64334
₽62774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
19 875
health
-
-
-
9 249
social contributions
-
-
-
18 285
total
-
-
-
47 409
Employee
33 190
-
132 500
-
social contributions
4 581
-
18 285
-
income
5 536
-
21 435
-
health
2 316
-
9 249
-
total
12 433
-
48 969
-
Employer
33 190
-
132 500
-
total
-
-
-
-
Corporate
99 310
132 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

4 965
6 624
-
-
total
4 965
6 624
-
-
Dividends
94 344
125 876
-
-
social contributions
13 020
17 371
-
-
health
6 585
8 787
-
-
withholding
14 151
18 881
-
-
total
33 756
45 039
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 154
51 663
48 969
47 409
After tax
81 346
80 837
83 531
85 091
Living cost
20 757
20 757
20 757
20 757
Free-cash
60 589
60 080
62 774
64 334

Estimated living cost  is ₽20757 per week

₽13891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39202
₽37686
₽32511
₽1252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 004
income
-
-
-
28 866
chamber of commerce
-
-
-
529
health
-
-
-
8 748
surtax
-
-
-
193
pensions
-
-
-
21 157
total
-
-
-
65 497
Employee
48 921
39 010
102 739
-
pensions
5 010
3 994
10 520
-
unemployment
1 468
1 170
3 082
-
income
5 569
2 877
23 633
-
other
489
390
1 027
-
health
1 893
1 510
3 975
-
total
14 429
9 941
42 237
-
Employer
48 921
39 010
102 739
-
chamber of commerce
195
156
411
-
health
1 848
1 475
3 884
-
payroll
1 468
1 170
3 082
-
pensions
6 139
4 897
12 894
-
surtax
193
193
193
-
accident
635
507
1 336
-
other
2 324
1 852
4 880
-
unemployment
1 468
1 170
3 082
-
total
14 270
11 420
29 762
-
Corporate
69 309
82 069
99 024
-
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.

17 328
20 518
24 757
-
total
17 328
20 518
24 757
-
Dividends
51 981
61 551
-
-
withholding
14 295
16 927
-
-
total
14 295
16 927
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 322
58 806
96 756
65 497
After tax
72 178
73 694
35 744
67 003
Living cost
34 492
34 492
34 492
34 492
Free-cash
37 686
39 202
1 252
32 511

Estimated living cost  is ₽34492 per week

₽23005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38496
₽23810
₽23033
₽13187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
46 170
communal

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

-
-
-
6 695
social contributions
-
-
-
20 910
total
-
-
-
73 775
Employee

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

70 021
-
102 627
-
national
21 527
-
34 983
-
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.

5 252
-
7 696
-
communal

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

3 652
-
5 354
-
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.

609
-
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.

3 290
-
4 822
-
total
34 330
-
53 749
-
Employer

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

70 021
-
102 627
-
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.

4 306
-
6 310
-
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.

6 205
-
9 093
-
surtax
7 940
-
11 636
-
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.

910
-
1 334
-
unemployment

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

1 022
-
1 499
-
total
20 383
-
29 872
-
Corporate
42 097
132 500
-
-
income
8 419
26 499
-
-
surtax
169
529
-
-
total
8 588
27 028
-
-
Dividends
33 509
105 471
-
-
withholding

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

9 697
31 284
-
-
total
9 697
31 284
-
-
Income
132 500
132 500
132 500
132 500
Total tax
72 998
58 312
83 621
73 775
After tax
59 502
74 188
48 879
58 725
Living cost
35 692
35 692
35 692
35 692
Free-cash
23 810
38 496
13 187
23 033

Estimated living cost  is ₽35692 per week

₽22990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53451
₽46047
₽38961
₽34256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
635
accident
-
-
-
817
income
-
-
-
30 968
pensions
-
-
-
25 676
other
-
-
-
91
total
-
-
-
58 187
Employee
48 727
-
103 575
-
pensions
2 290
-
4 265
-
unemployment
756
-
1 406
-
income
10 281
-
28 205
-
other
48
-
91
-
total
13 375
-
33 967
-
Employer
48 727
-
103 575
-
pensions
11 499
-
21 413
-
accident
964
-
1 796
-
other
388
-
726
-
unemployment
2 681
-
4 990
-
total
15 532
-
28 925
-
Corporate
68 241
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.

10 236
19 875
-
-
total
10 236
19 875
-
-
Dividends
58 006
112 625
-
-
withholding
11 958
23 822
-
-
total
11 958
23 822
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 101
43 697
62 892
58 187
After tax
81 399
88 803
69 608
74 313
Living cost
35 352
35 352
35 352
35 352
Free-cash
46 047
53 451
34 256
38 961

Estimated living cost  is ₽35352 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26297
₽16065
₽16783
₽22068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
1 116
income
-
-
-
17 292
communal
-
-
-
8 374
health
-
-
-
9 309
surtax
-
-
-
6 569
pensions
-
-
-
19 860
total
-
-
-
62 520
Employee
74 131
-
118 358
-
pensions
5 930
-
9 468
-
income
7 160
-
21 106
-
surtax
4 544
-
7 254
-
health
3 299
-
5 266
-
total
20 933
-
43 094
-
Employer
74 131
-
118 358
-
health
2 261
-
3 609
-
pensions
5 930
-
9 468
-
accident
667
-
1 064
-
total
8 858
-
14 141
-
Corporate
49 512
132 500
-
-
income
7 427
19 875
-
-
surtax
520
1 391
-
-
communal
3 342
8 945
-
-
total
11 289
30 211
-
-
Dividends
38 223
102 289
-
-
income
16 425
7 451
-
-
withholding
5 733
15 344
-
-
total
22 158
22 795
-
-
Income
132 500
132 500
132 500
132 500
Total tax
63 238
53 006
57 235
62 520
After tax
69 262
79 494
75 265
69 980
Living cost
53 197
53 197
53 197
53 197
Free-cash
16 065
26 297
22 068
16 783

Estimated living cost  is ₽53197 per week

₽39906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61356
₽58242
₽40883
₽38452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
223
income
-
-
-
29 847
health
-
-
-
9 275
surtax
-
-
-
4 156
pensions
-
-
-
26 129
other
-
-
-
-
total
-
-
-
69 630
Employee
32 966
-
109 458
-
pensions
2 199
-
7 301
-
unemployment
2 294
-
7 618
-
income
5 526
-
27 539
-
other
-
-
-
-
surtax
117
-
3 771
-
health
842
-
2 792
-
total
10 978
-
49 021
-
Employer
32 966
-
109 458
-
health
1 499
-
4 980
-
pensions
4 395
-
14 590
-
other
-
-
-
-
unemployment
1 046
-
3 470
-
total
6 940
-
23 040
-
Corporate
92 594
132 500
-
-
income
24 075
34 450
-
-
total
24 075
34 450
-
-
Dividends
68 519
98 050
-
-
withholding
10 278
14 707
-
-
total
10 278
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 271
49 157
72 061
69 630
After tax
80 229
83 343
60 439
62 870
Living cost
21 987
21 987
21 987
21 987
Free-cash
58 242
61 356
38 452
40 883

Estimated living cost  is ₽21987 per week

₽13275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
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.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43276
₽41103
₽38703
₽32431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
788
national
-
-
-
30 564
regional
-
-
-
1 998
social contributions
-
-
-
34 078
total
-
-
-
67 428
Employee
54 301
-
132 500
-
national
8 603
-
26 536
-
social contributions
18 311
-
44 680
-
municipal
288
-
702
-
regional
731
-
1 782
-
total
27 933
-
73 700
-
Employer
54 301
-
132 500
-
total
-
-
-
-
Corporate
78 199
132 500
-
-
municipal
3 886
6 585
-
-
nationa
18 768
31 801
-
-
total
22 654
38 386
-
-
Dividends
55 545
94 114
-
-
withholding
14 441
24 469
-
-
total
14 441
24 469
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 028
62 855
73 700
67 428
After tax
67 472
69 645
58 800
65 072
Living cost
26 369
26 369
26 369
26 369
Free-cash
41 103
43 276
32 431
38 703

Estimated living cost  is ₽26369 per week

₽16399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2671
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.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61257
₽50566
₽37706
₽37270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
11 942
health
-
-
-
17 887
social contributions
-
-
-
34 996
total
-
-
-
64 825
Employee
44 072
-
98 881
-
social contributions
2 865
-
6 427
-
income
5 289
-
11 866
-
solidarity contribution
-
-
-
-
health
5 950
-
13 349
-
total
14 104
-
31 642
-
Employer
44 072
-
98 881
-
social contributions
11 018
-
24 720
-
health
3 966
-
8 899
-
total
14 984
-
33 619
-
Corporate
73 443
132 500
-
-
income
13 954
25 175
-
-
total
13 954
25 175
-
-
Dividends
59 489
107 325
-
-
withholding
8 923
16 099
-
-
total
8 923
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 965
41 274
65 261
64 825
After tax
80 535
91 226
67 239
67 675
Living cost
29 969
29 969
29 969
29 969
Free-cash
50 566
61 257
37 270
37 706

Estimated living cost  is ₽29969 per week

₽22287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1660
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.
₽5504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42570
₽42084
₽35966
₽4551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 004
income
-
-
-
28 866
chamber of commerce
-
-
-
529
health
-
-
-
8 748
surtax
-
-
-
-
pensions
-
-
-
21 157
total
-
-
-
65 304
Employee
42 790
39 010
102 886
-
pensions
4 382
3 994
10 535
-
unemployment
1 284
1 170
3 087
-
income
3 812
2 877
23 683
-
other
427
390
1 029
-
health
1 655
1 510
3 981
-
total
11 560
9 941
42 315
-
Employer
42 790
39 010
102 886
-
chamber of commerce
171
156
412
-
health
1 618
1 475
3 890
-
payroll
1 284
1 170
3 087
-
pensions
5 370
4 897
12 912
-
surtax
-
-
-
-
accident
555
507
1 337
-
other
2 032
1 852
4 887
-
unemployment
1 284
1 170
3 087
-
total
12 314
11 227
29 612
-
Corporate
77 395
82 262
99 170
-
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.

19 349
20 566
24 792
-
total
19 349
20 566
24 792
-
Dividends
58 046
61 696
-
-
withholding
15 963
16 966
-
-
total
15 963
16 966
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 186
58 700
96 719
65 304
After tax
73 314
73 800
35 781
67 196
Living cost
31 230
31 230
31 230
31 230
Free-cash
42 084
42 570
4 551
35 966

Estimated living cost  is ₽31230 per week

₽18734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112688
₽110215
₽117988
₽92813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 484
-
132 500
-
income
3 297
-
26 500
-
total
3 297
-
26 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

116 016
132 500
-
-
total
-
-
-
-
Dividends
116 016
132 500
-
-
withholding
5 801
6 625
-
-
total
5 801
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
9 098
6 625
26 500
1 325
After tax
123 402
125 875
106 000
131 175
Living cost
13 187
13 187
13 187
13 187
Free-cash
110 215
112 688
92 813
117 988

Estimated living cost  is ₽13187 per week

₽8924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64971
₽56784
₽40483
₽36974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 325
health
-
-
-
13 039
pensions
-
-
-
24 198
total
-
-
-
65 761
Employee

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

43 287
-
114 648
-
pensions
6 710
-
17 770
-
unemployment
61
-
160
-
income
7 465
-
26 082
-
health
2 796
-
7 406
-
total
17 032
-
51 418
-
Employer

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

43 287
-
114 648
-
health
2 883
-
7 637
-
pensions
3 830
-
10 146
-
unemployment
26
-
69
-
total
6 739
-
17 852
-
Corporate
82 474
132 500
-
-
income
15 669
25 175
-
-
total
15 669
25 175
-
-
Dividends
66 804
107 325
-
-
withholding
10 020
16 098
-
-
total
10 020
16 098
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 460
41 273
69 270
65 761
After tax
83 040
91 227
63 230
66 739
Living cost
26 256
26 256
26 256
26 256
Free-cash
56 784
64 971
36 974
40 483

Estimated living cost  is ₽26256 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34652
-₽26323
₽45607
₽72526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
25 827
social contributions
-
-
-
15 105
total
-
-
-
40 932
Employee
65 902
-
-
-
social contributions
5 404
-
770
-
income
14 537
-
-
-
total
19 941
-
770
-
Employer
65 902
-
-
-
social contributions
92 921
-
13 243
-
total
92 921
-
13 243
-
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
112 862
51 887
14 013
40 932
After tax
19 638
80 613
118 487
91 568
Living cost
45 961
45 961
45 961
45 961
Free-cash
-26 323
34 652
72 526
45 607

Estimated living cost  is ₽45961 per week

₽29821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44659
₽43677
₽41608
₽32772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
132 500
income
-
-
-
14 144
surtax
-
-
-
-
social contributions

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

-
-
-
46 043
total
-
-
-
60 187
Employee
45 022
-
107 071
-
social contributions
4 952
-
11 777
-
income
9 365
-
31 817
-
surtax
-
-
-
-
total
14 317
-
43 594
-
Employer
45 022
-
107 071
-
social contributions
10 693
-
25 429
-
total
10 693
-
25 429
-
Corporate
76 786
132 500
-
-
income
16 124
27 826
-
-
surtax
-
-
-
-
total
16 124
27 826
-
-
Dividends
60 662
104 674
-
-
withholding
16 984
29 310
-
-
total
16 984
29 310
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 118
57 136
69 023
60 187
After tax
74 382
75 364
63 477
72 313
Living cost
30 705
30 705
30 705
30 705
Free-cash
43 677
44 659
32 772
41 608

Estimated living cost  is ₽30705 per week

₽22973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Lisbon model

Close
Paris , France
₽19500
₽26229
₽28036
₽30012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 515
health
-
-
-
4 356
surtax
-
-
-
-
pensions
-
-
-
27 432
other
-
-
-
4 107
social contributions
-
-
-
3 775
total
-
-
-
57 185
Employee
61 310
-
104 901
-
pensions
6 935
-
6 318
-
social contributions
1 746
-
2 989
-
income
5 349
-
18 303
-
surtax
-
-
-
-
total
14 030
-
27 610
-
Employer
61 310
-
104 901
-
social contributions
184
-
314
-
health
4 291
-
8 550
-
pensions
10 074
-
10 810
-
other
2 116
-
3 677
-
unemployment
2 484
-
4 248
-
total
19 149
-
27 599
-
Corporate
52 042
132 500
-
-
income
14 571
37 101
-
-
surtax
-
-
-
-
total
14 571
37 101
-
-
Dividends
37 470
95 399
-
-
social contributions
6 446
16 410
-
-
surtax
-
-
-
-
withholding
4 796
12 210
-
-
total
11 242
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 992
65 721
55 209
57 185
After tax
73 508
66 779
77 291
75 315
Living cost
47 279
47 279
47 279
47 279
Free-cash
26 229
19 500
30 012
28 036

Estimated living cost  is ₽47279 per week

₽31998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89824
₽86537
₽69534
₽73055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 391
social contributions
-
-
-
29 150
total
-
-
-
33 541
Employee
31 470
-
114 719
-
social contributions
2 045
-
7 457
-
income
-
-
4 782
-
total
2 045
-
12 239
-
Employer
31 470
-
114 719
-
social contributions
4 878
-
17 781
-
total
4 878
-
17 781
-
Corporate
96 151
132 500
-
-
income
9 615
13 251
-
-
total
9 615
13 251
-
-
Dividends
86 536
119 249
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
16 538
13 251
30 020
33 541
After tax
115 962
119 249
102 480
98 959
Living cost
29 425
29 425
29 425
29 425
Free-cash
86 537
89 824
73 055
69 534

Estimated living cost  is ₽29425 per week

₽19026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽80365
-₽80365
₽33381
-₽80365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
26 425
national
-
-
-
14 263
labour market
-
-
-
10 532
pensions
-
-
-
847
total
-
-
-
52 067
Employee
198 596
198 596
198 596
-
national
24 262
24 262
24 262
-
pensions
282
282
282
-
municipal
42 290
42 290
42 290
-
labour market
15 865
15 865
15 865
-
total
82 699
82 699
82 699
-
Employer
198 596
198 596
198 596
-
municipal
42 357
42 357
42 357
-
labour market
15 888
15 888
15 888
-
national
24 304
24 304
24 304
-
pensions
565
565
565
-
total
83 114
83 114
83 114
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
165 813
165 813
165 813
52 067
After tax
-33 313
-33 313
-33 313
80 433
Living cost
47 052
47 052
47 052
47 052
Free-cash
-80 365
-80 365
-80 365
33 381

Estimated living cost  is ₽47052 per week

₽32203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽724
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10201
₽7521
₽69780
₽49717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
244
income
-
-
-
35 060
health
-
-
-
2 106
pensions
-
-
-
4 018
other
-
-
-
358
total
-
-
-
41 786
Employee
32 930
-
117 037
-
pensions
3 708
-
7 368
-
income
4 518
-
25 619
-
health
3 771
-
13 401
-
total
11 997
-
46 388
-
Employer
32 930
-
117 037
-
pensions
5 354
-
10 640
-
accident
550
-
1 954
-
unemployment
807
-
2 867
-
total
6 711
-
15 461
-
Corporate
92 858
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.

83 572
119 250
-
-
total
83 572
119 250
-
-
Dividends
9 286
13 250
-
-
withholding
1 765
2 517
-
-
total
1 765
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
104 045
121 767
61 849
41 786
After tax
28 455
10 733
70 651
90 714
Living cost
20 934
20 934
20 934
20 934
Free-cash
7 521
-10 201
49 717
69 780

Estimated living cost  is ₽20934 per week

₽15238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47876
₽48723
₽52631
₽34465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 557
national
-
-
-
17 099
health
-
-
-
1 631
total
-
-
-
42 287
Employee
51 502
-
111 466
-
national
851
-
10 744
-
pensions
3 476
-
7 523
-
unemployment
773
-
1 672
-
municipal
8 436
-
18 173
-
health
385
-
1 308
-
total
13 921
-
39 420
-
Employer
51 502
-
111 466
-
health
396
-
858
-
pensions
8 935
-
19 340
-
accident
52
-
111
-
unemployment
334
-
724
-
total
9 717
-
21 033
-
Corporate
71 281
132 500
-
-
income
14 255
26 499
-
-
total
14 255
26 499
-
-
Dividends

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

42 769
79 501
-
-
municipal
7 698
14 309
-
-
national
604
6 234
-
-
total
8 302
20 543
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 195
47 042
60 453
42 287
After tax
86 305
85 458
72 047
90 213
Living cost
37 582
37 582
37 582
37 582
Free-cash
48 723
47 876
34 465
52 631

Estimated living cost  is ₽37582 per week

₽24549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3615
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.
₽8822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74125
₽68799
₽69899
₽68620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
20 720
health
-
-
-
3 379
social contributions
-
-
-
15 838
total
-
-
-
39 937
Employee
75 272
75 272
121 820
-
social contributions
2 846
6 247
8 426
-
income
8 196
6 968
20 040
-
health
583
1 280
2 071
-
total
11 625
14 495
30 537
-
Employer
75 272
75 272
121 820
-
social contributions
2 846
6 247
8 426
-
health
633
1 393
2 253
-
total
3 479
7 640
10 679
-
Corporate
94 731
49 587
-
-
income
11 841
6 199
-
-
total
11 841
6 199
-
-
Dividends
82 891
43 388
-
-
withholding
14 092
7 377
-
-
total
14 092
7 377
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 037
35 711
41 216
39 937
After tax
91 463
96 789
91 284
92 563
Living cost
22 664
22 664
22 664
22 664
Free-cash
68 799
74 125
68 620
69 899

Estimated living cost  is ₽22664 per week

₽13583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94182
₽89202
₽94008
₽74377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28
income
-
-
-
13 152
health
-
-
-
3 543
pensions
-
-
-
6 227
total
-
-
-
22 950
Employee

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

22 469
-
122 933
-
pensions
3 370
-
13 932
-
unemployment
111
-
464
-
income
1 536
-
10 724
-
health
1 910
-
7 895
-
total
6 927
-
33 015
-
Employer

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

22 469
-
122 933
-
health
966
-
3 994
-
pensions
1 235
-
5 108
-
unemployment
111
-
464
-
total
2 312
-
9 566
-
Corporate
107 718
132 500
-
-
income
9 695
11 924
-
-
total
9 695
11 924
-
-
Dividends
98 023
120 576
-
-
withholding
8 822
10 852
-
-
total
8 822
10 852
-
-
Income
132 500
132 500
132 500
132 500
Total tax
27 756
22 776
42 581
22 950
After tax
104 744
109 724
89 919
109 550
Living cost
15 542
15 542
15 542
15 542
Free-cash
89 202
94 182
74 377
94 008

Estimated living cost  is ₽15542 per week

₽9916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61885
₽57143
₽47395
₽42690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
635
accident
-
-
-
817
income
-
-
-
30 968
pensions
-
-
-
25 676
other
-
-
-
91
total
-
-
-
58 187
Employee
36 195
-
103 575
-
pensions
1 702
-
4 265
-
unemployment
561
-
1 406
-
income
6 978
-
28 205
-
other
35
-
91
-
total
9 276
-
33 967
-
Employer
36 195
-
103 575
-
pensions
8 541
-
21 413
-
accident
717
-
1 796
-
other
290
-
726
-
unemployment
1 991
-
4 990
-
total
11 539
-
28 925
-
Corporate
84 765
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.

12 716
19 875
-
-
total
12 716
19 875
-
-
Dividends
72 049
112 625
-
-
withholding
14 908
23 822
-
-
total
14 908
23 822
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 439
43 697
62 892
58 187
After tax
84 061
88 803
69 608
74 313
Living cost
26 918
26 918
26 918
26 918
Free-cash
57 143
61 885
42 690
47 395

Estimated living cost  is ₽26918 per week

₽18170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81013
₽80739
₽83479
₽83359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 256
health
-
-
-
882
pensions
-
-
-
1 216
total
-
-
-
47 354
Employee
2 539
-
131 132
-
pensions
229
-
547
-
unemployment
25
-
61
-
income
491
-
45 193
-
health
127
-
304
-
total
872
-
46 105
-
Employer
2 539
-
131 132
-
health
241
-
578
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 369
-
Corporate
129 390
132 500
-
-
income
28 466
29 150
-
-
total
28 466
29 150
-
-
Dividends
100 924
103 350
-
-
withholding
20 185
20 670
-
-
total
20 185
20 670
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 094
49 820
47 474
47 354
After tax
82 406
82 680
85 026
85 146
Living cost
1 667
1 667
1 667
1 667
Free-cash
80 739
81 013
83 359
83 479

Estimated living cost  is ₽1667 per week

₽991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78829
₽74021
₽59253
₽59253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 083
income
-
-
-
29 042
health
-
-
-
7 440
pensions
-
-
-
18 780
total
-
-
-
56 345
Employee

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

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

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

25 487
-
119 571
-
pensions
3 568
-
10 112
-
unemployment
191
-
542
-
income
3 513
-
29 042
-
health
1 313
-
3 720
-
total
8 585
-
43 416
-
Employer

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

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

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

25 487
-
119 571
-
health
1 313
-
3 720
-
pensions
3 058
-
8 667
-
unemployment
191
-
542
-
total
4 562
-
12 929
-
Corporate
102 450
132 500
-
-
income
15 368
19 875
-
-
total
15 368
19 875
-
-
Dividends
87 083
112 625
-
-
withholding
13 062
16 894
-
-
total
13 062
16 894
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 577
36 769
56 345
56 345
After tax
90 923
95 731
76 155
76 155
Living cost
16 902
16 902
16 902
16 902
Free-cash
74 021
78 829
59 253
59 253

Estimated living cost  is ₽16902 per week

₽11380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽3725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48974
₽48622
₽45923
₽37087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
132 500
income
-
-
-
14 144
surtax
-
-
-
-
social contributions

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

-
-
-
46 043
total
-
-
-
60 187
Employee
37 993
-
107 071
-
social contributions
4 180
-
11 777
-
income
7 424
-
31 817
-
surtax
-
-
-
-
total
11 604
-
43 594
-
Employer
37 993
-
107 071
-
social contributions
9 023
-
25 429
-
total
9 023
-
25 429
-
Corporate
85 484
132 500
-
-
income
17 952
27 826
-
-
surtax
-
-
-
-
total
17 952
27 826
-
-
Dividends
67 532
104 674
-
-
withholding
18 909
29 310
-
-
total
18 909
29 310
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 488
57 136
69 023
60 187
After tax
75 012
75 364
63 477
72 313
Living cost
26 390
26 390
26 390
26 390
Free-cash
48 622
48 974
37 087
45 923

Estimated living cost  is ₽26390 per week

₽18692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54400
₽47327
₽39910
₽35205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
635
accident
-
-
-
817
income
-
-
-
30 968
pensions
-
-
-
25 676
other
-
-
-
91
total
-
-
-
58 187
Employee
47 276
-
103 575
-
pensions
2 222
-
4 265
-
unemployment
732
-
1 406
-
income
9 874
-
28 205
-
other
46
-
91
-
total
12 874
-
33 967
-
Employer
47 276
-
103 575
-
pensions
11 157
-
21 413
-
accident
936
-
1 796
-
other
379
-
726
-
unemployment
2 601
-
4 990
-
total
15 073
-
28 925
-
Corporate
70 151
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.

10 524
19 875
-
-
total
10 524
19 875
-
-
Dividends
59 628
112 625
-
-
withholding
12 299
23 822
-
-
total
12 299
23 822
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 770
43 697
62 892
58 187
After tax
81 730
88 803
69 608
74 313
Living cost
34 403
34 403
34 403
34 403
Free-cash
47 327
54 400
35 205
39 910

Estimated living cost  is ₽34403 per week

₽24707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96225
₽90179
₽86311
₽91052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
139
income
-
-
-
19 875
health
-
-
-
3 984
pensions

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

-
-
-
5 128
total
-
-
-
29 126
Employee
22 594
-
125 702
-
pensions

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

1 984
-
3 042
-
income
2 260
-
12 570
-
health
1 039
-
1 594
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 531
-
17 587
-
Employer
22 594
-
125 702
-
health
1 559
-
2 391
-
pensions

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

2 490
-
3 818
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 433
-
6 798
-
Corporate
105 473
132 500
-
-
income
10 547
13 250
-
-
total
10 547
13 250
-
-
Dividends
94 926
119 250
-
-
withholding
4 747
5 962
-
-
total
4 747
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 258
19 212
24 385
29 126
After tax
107 242
113 288
108 115
103 374
Living cost
17 063
17 063
17 063
17 063
Free-cash
90 179
96 225
91 052
86 311

Estimated living cost  is ₽17063 per week

₽11285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30466
₽43273
₽36998
₽49481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 483
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.

-
-
-
36 530
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.

-
-
-
6 687
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.

-
-
-
2 010
total
-
-
-
57 710
Employee

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

48 706
-
132 500
-
income

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

4 005
-
36 530
-
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.

221
-
2 010
-
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.

6 687
-
6 687
-
total
10 913
-
45 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 794
132 500
-
-
income
12 569
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.

691
1 092
-
-
trade
12 024
19 013
-
-
chamber of commerce
271
344
-
-
total
25 555
40 324
-
-
Dividends
58 238
92 176
-
-
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.

780
1 246
-
-
withholding
14 187
22 672
-
-
total
14 967
23 918
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 435
64 242
45 227
57 710
After tax
81 065
68 258
87 273
74 790
Living cost
37 792
37 792
37 792
37 792
Free-cash
43 273
30 466
49 481
36 998

Estimated living cost  is ₽37792 per week

₽26070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36988
₽39150
₽18737
₽18737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
36 820
social contributions
-
-
-
21 181
total
-
-
-
58 001
Employee
76 571
-
132 500
-
social contributions
6 361
-
21 181
-
income
14 449
-
36 820
-
total
20 810
-
58 001
-
Employer
76 571
-
132 500
-
total
-
-
-
-
Corporate
55 929
132 500
-
-
income
6 990
16 563
-
-
total
6 990
16 563
-
-
Dividends
48 938
115 937
-
-
withholding
9 788
23 187
-
-
total
9 788
23 187
-
-
Income
132 500
132 500
132 500
132 500
Total tax
37 588
39 750
58 001
58 001
After tax
94 912
92 750
74 499
74 499
Living cost
55 762
55 762
55 762
55 762
Free-cash
39 150
36 988
18 737
18 737

Estimated living cost  is ₽55762 per week

₽42423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45418
₽48840
₽63006
₽61112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
132 500
income
-
-
-
27 865
health

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

-
-
-
6 095
total
-
-
-
33 960
Employee
44 906
-
127 997
-
social contributions
4 499
-
4 503
-
income
4 873
-
26 848
-
total
9 372
-
31 351
-
Employer
44 906
-
127 997
-
social contributions
4 499
-
4 503
-
total
4 499
-
4 503
-
Corporate
83 095
132 500
-
-
income
29 083
46 376
-
-
total
29 083
46 376
-
-
Dividends
54 012
86 124
-
-
social contributions
5 172
5 172
-
-
total
5 172
5 172
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 126
51 548
35 854
33 960
After tax
84 374
80 952
96 646
98 540
Living cost
35 534
35 534
35 534
35 534
Free-cash
48 840
45 418
61 112
63 006

Estimated living cost  is ₽35534 per week

₽23406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
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.
₽8781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54581
₽57164
₽54376
₽42154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 527
pensions
-
-
-
8 038
total
-
-
-
41 565
Employee
50 183
-
116 124
-
pensions
3 830
-
10 186
-
income
9 139
-
25 381
-
health
655
-
1 843
-
total
13 624
-
37 410
-
Employer
50 183
-
116 124
-
health
954
-
2 207
-
pensions
5 070
-
14 170
-
total
6 024
-
16 377
-
Corporate
76 293
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.

14 495
25 175
-
-
total
14 495
25 175
-
-
Dividends
61 798
107 325
-
-
withholding
4 634
16 185
-
-
total
4 634
16 185
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 777
41 360
53 787
41 565
After tax
93 723
91 140
78 713
90 935
Living cost
36 559
36 559
36 559
36 559
Free-cash
57 164
54 581
42 154
54 376

Estimated living cost  is ₽36559 per week

₽25079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
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.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12273
₽7204
₽67708
₽47645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
244
income
-
-
-
35 060
health
-
-
-
2 106
pensions
-
-
-
4 018
other
-
-
-
358
total
-
-
-
41 786
Employee
36 190
-
117 037
-
pensions
4 075
-
7 368
-
income
4 965
-
25 619
-
health
4 144
-
13 401
-
total
13 184
-
46 388
-
Employer
36 190
-
117 037
-
pensions
5 884
-
10 640
-
accident
604
-
1 954
-
unemployment
887
-
2 867
-
total
7 375
-
15 461
-
Corporate
88 935
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.

80 041
119 250
-
-
total
80 041
119 250
-
-
Dividends
8 894
13 250
-
-
withholding
1 690
2 517
-
-
total
1 690
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
102 290
121 767
61 849
41 786
After tax
30 210
10 733
70 651
90 714
Living cost
23 006
23 006
23 006
23 006
Free-cash
7 204
-12 273
47 645
67 708

Estimated living cost  is ₽23006 per week

₽16884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98275
₽93694
₽61597
₽76507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
9 805
income
-
-
-
21 242
work injury
-
-
-
662
pensions
-
-
-
24 380
total
-
-
-
57 679
Employee

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

21 158
-
132 500
-
work injury
106
-
391
-
pensions
3 893
-
14 404
-
unemployment
254
-
939
-
income
2 116
-
21 242
-
health insurance
1 566
-
5 793
-
total
7 935
-
42 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 342
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%.

1 113
1 325
-
-
total
1 113
1 325
-
-
Dividends
110 228
131 175
-
-
withholding
16 534
19 676
-
-
total
16 534
19 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 582
21 001
42 769
57 679
After tax
106 918
111 499
89 731
74 821
Living cost
13 224
13 224
13 224
13 224
Free-cash
93 694
98 275
76 507
61 597

Estimated living cost  is ₽13224 per week

₽8193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30794
₽26342
₽25009
₽18949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
886
national
-
-
-
30 564
regional
-
-
-
2 966
social contributions
-
-
-
34 078
total
-
-
-
68 494
Employee
82 488
-
132 500
-
national
13 940
-
26 536
-
social contributions
27 814
-
44 680
-
municipal
492
-
789
-
regional
1 245
-
2 549
-
total
43 491
-
74 554
-
Employer
82 488
-
132 500
-
total
-
-
-
-
Corporate
50 012
132 500
-
-
municipal
2 411
6 387
-
-
nationa
12 002
31 801
-
-
total
14 413
38 188
-
-
Dividends
35 599
94 313
-
-
withholding
9 257
24 521
-
-
total
9 257
24 521
-
-
Income
132 500
132 500
132 500
132 500
Total tax
67 161
62 709
74 554
68 494
After tax
65 339
69 791
57 946
64 006
Living cost
38 997
38 997
38 997
38 997
Free-cash
26 342
30 794
18 949
25 009

Estimated living cost  is ₽38997 per week

₽27393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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