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
₽36565
₽47647
₽43715
₽57251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 536
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.

-
-
-
36 090
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.

-
-
-
6 841
surtax

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

-
-
-
1 986
total
-
-
-
58 453
Employee

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

38 302
-
132 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 841
-
6 841
-
surtax

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

59
-
1 986
-
income

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

1 070
-
36 090
-
total
7 970
-
44 917
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 198
132 500
-
-
surtax

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

777
1 093
-
-
income
14 129
19 876
-
-
trade
14 836
20 870
-
-
chamber of commerce
287
342
-
-
total
30 029
42 181
-
-
Dividends
64 169
90 320
-
-
surtax

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

861
1 222
-
-
withholding
15 661
22 200
-
-
total
16 522
23 422
-
-
Income
132 500
132 500
132 500
132 500
Total tax
54 521
65 603
44 917
58 453
After tax
77 979
66 897
87 583
74 047
Living cost
30 332
30 332
30 332
30 332
Free-cash
47 647
36 565
57 251
43 715

Estimated living cost  is ₽30332 per week

₽19080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32159
₽31319
₽28425
₽29464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 210
pensions
-
-
-
15 900
national
-
-
-
22 020
social contributions
-
-
-
1 424
total
-
-
-
53 554
Employee
78 317
-
114 545
-
municipal
9 673
-
14 723
-
pensions
3 133
-
4 582
-
national
14 990
-
22 815
-
total
27 796
-
42 120
-
Employer
78 317
-
114 545
-
social contributions
842
-
1 231
-
pensions
6 265
-
9 164
-
total
7 107
-
10 395
-
Corporate
41 907
132 500
-
-
income

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

8 381
26 500
-
-
total
8 381
26 500
-
-
Dividends
33 525
106 000
-
-
withholding
7 376
23 320
-
-
total
7 376
23 320
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 660
49 820
52 515
53 554
After tax
81 840
82 680
79 985
78 946
Living cost
50 521
50 521
50 521
50 521
Free-cash
31 319
32 159
29 464
28 425

Estimated living cost  is ₽50521 per week

₽34339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85167
₽76954
₽19001
₽53481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 510
surtax
-
-
-
33 788
social contributions

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

-
-
-
38 368
total
-
-
-
92 666
Employee
29 262
-
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.

3 219
-
11 746
-
surtax
-
-
-
-
income
5 209
-
20 717
-
total
8 428
-
32 463
-
Employer
29 262
-
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.

7 048
-
25 723
-
surtax
-
-
-
-
total
7 048
-
25 723
-
Corporate
96 190
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%.

19 237
26 500
-
-
total
19 237
26 500
-
-
Dividends

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

76 953
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
34 713
26 500
58 186
92 666
After tax
97 787
106 000
74 314
39 834
Living cost
20 833
20 833
20 833
20 833
Free-cash
76 954
85 167
53 481
19 001

Estimated living cost  is ₽20833 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22995
₽16860
₽34255
₽33861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
32 214
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
56 295
Employee
85 516
85 516
113 890
-
health
13 126
11 165
12 348
-
income

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

13 998
13 998
13 998
-
pensions
15 393
11 733
11 733
-
total
42 517
36 896
38 079
-
Employer
85 516
85 516
113 890
-
unemployment
3 079
3 079
3 825
-
pensions
5 952
5 952
7 398
-
health
5 944
5 944
7 387
-
total
14 975
14 975
18 610
-
Corporate
33 058
32 009
-
-
income
6 611
6 402
-
-
total
6 611
6 402
-
-
Dividends
26 447
25 607
-
-
income
5 619
5 441
-
-
withholding
3 968
3 841
-
-
total
9 587
9 282
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 690
67 555
56 689
56 295
After tax
58 810
64 945
75 811
76 205
Living cost
41 950
41 950
41 950
41 950
Free-cash
16 860
22 995
33 861
34 255

Estimated living cost  is ₽41950 per week

₽29729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33798
₽32933
₽31613
₽30575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 213
accident
-
-
-
169
pensions
-
-
-
9 132
other
-
-
-
9 817
unemployment
-
-
-
85
health
-
-
-
5 272
national
-
-
-
5 652
total
-
-
-
62 340
Employee
54 926
-
105 956
-
municipal
16 379
-
31 596
-
national
-
-
5 238
-
total
16 379
-
36 834
-
Employer
54 926
-
105 956
-
accident
110
-
169
-
other
6 382
-
9 817
-
unemployment
1 450
-
2 230
-
pensions
5 937
-
9 132
-
health
3 378
-
5 196
-
total
17 257
-
26 544
-
Corporate
60 316
132 500
-
-
income
13 270
29 150
-
-
total
13 270
29 150
-
-
Dividends
47 047
103 350
-
-
withholding
14 114
31 005
-
-
total
14 114
31 005
-
-
Income
132 500
132 500
132 500
132 500
Total tax
61 020
60 155
63 378
62 340
After tax
71 480
72 345
69 122
70 160
Living cost
38 547
38 547
38 547
38 547
Free-cash
32 933
33 798
30 575
31 613

Estimated living cost  is ₽38547 per week

₽25547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26878
₽40952
₽34107
₽48244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 137
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.

-
-
-
36 090
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.

-
-
-
6 841
surtax

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

-
-
-
1 986
total
-
-
-
59 054
Employee

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

50 783
-
132 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 841
-
6 841
-
surtax

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

239
-
1 986
-
income

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

4 363
-
36 090
-
total
11 443
-
44 917
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 717
132 500
-
-
surtax

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

675
1 093
-
-
income
12 257
19 876
-
-
trade
13 443
21 797
-
-
chamber of commerce
268
340
-
-
total
26 643
43 106
-
-
Dividends
55 074
89 394
-
-
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.

735
1 209
-
-
withholding
13 388
21 968
-
-
total
14 123
23 177
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 209
66 283
44 917
59 054
After tax
80 291
66 217
87 583
73 446
Living cost
39 339
39 339
39 339
39 339
Free-cash
40 952
26 878
48 244
34 107

Estimated living cost  is ₽39339 per week

₽26310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64323
₽60168
₽60226
₽58842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 212
health
-
-
-
3 379
social contributions
-
-
-
16 202
total
-
-
-
39 793
Employee
77 003
77 003
121 630
-
social contributions
3 742
6 391
8 620
-
health
766
1 309
2 068
-
income
8 086
7 128
19 619
-
total
12 594
14 828
30 307
-
Employer
77 003
77 003
121 630
-
social contributions
3 742
6 391
8 620
-
health
834
1 425
2 250
-
total
4 576
7 816
10 870
-
Corporate
82 850
47 681
-
-
income
10 357
5 960
-
-
total
10 357
5 960
-
-
Dividends
72 493
41 721
-
-
withholding
12 324
7 092
-
-
total
12 324
7 092
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 851
35 696
41 177
39 793
After tax
92 649
96 804
91 323
92 707
Living cost
32 481
32 481
32 481
32 481
Free-cash
60 168
64 323
58 842
60 226

Estimated living cost  is ₽32481 per week

₽22204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56289
₽56668
₽73555
₽58576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
110 879
-
health
1 843
733
7 762
-
income
3 218
1 281
13 555
-
pensions
2 632
1 048
11 088
-
unemployment
395
157
1 663
-
total
8 088
3 219
34 068
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
110 879
-
pensions
5 133
2 043
21 621
-
total
5 133
2 043
21 621
-
Corporate
101 044
119 981
-
-
income
9 094
10 798
-
-
total
9 094
10 798
-
-
Dividends
91 950
109 183
-
-
social contributions
17 811
21 171
-
-
withholding
17 471
20 745
-
-
total
35 282
41 916
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 597
57 976
55 689
40 710
After tax
74 903
74 524
76 811
91 790
Living cost
18 235
18 235
18 235
18 235
Free-cash
56 668
56 289
58 576
73 555

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81812
₽75593
₽46832
₽52184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 755
pensions
-
-
-
26 500
health
-
-
-
17 225
total
-
-
-
61 480
Employee
28 408
-
99 029
-
income
3 198
-
19 093
-
pensions
568
-
1 980
-
unemployment
454
-
1 585
-
total
4 220
-
22 658
-
Employer
28 408
-
99 029
-
unemployment
228
-
792
-
pensions
5 682
-
19 805
-
health
3 692
-
12 873
-
total
9 602
-
33 470
-
Corporate
94 489
132 500
-
-
income
18 897
26 500
-
-
total
18 897
26 500
-
-
Dividends
75 592
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
32 719
26 500
56 128
61 480
After tax
99 781
106 000
76 372
71 020
Living cost
24 188
24 188
24 188
24 188
Free-cash
75 593
81 812
52 184
46 832

Estimated living cost  is ₽24188 per week

₽16590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11216
₽7367
₽68784
₽48503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
252
income
-
-
-
34 818
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
41 767
Employee
34 527
-
116 700
-
health
3 953
-
13 362
-
income
4 737
-
25 274
-
pensions
3 888
-
7 612
-
total
12 578
-
46 248
-
Employer
34 527
-
116 700
-
accident
576
-
1 949
-
unemployment
846
-
2 859
-
pensions
5 614
-
10 992
-
total
7 036
-
15 800
-
Corporate
90 936
132 500
-
-
income

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

81 842
119 250
-
-
total
81 842
119 250
-
-
Dividends
9 094
13 250
-
-
withholding
1 728
2 517
-
-
total
1 728
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 184
121 767
62 048
41 767
After tax
29 316
10 733
70 452
90 733
Living cost
21 949
21 949
21 949
21 949
Free-cash
7 367
-11 216
48 503
68 784

Estimated living cost  is ₽21949 per week

₽16087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116864
₽115175
₽122164
₽96989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
132 500
-
income
2 252
-
26 500
-
total
2 252
-
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%.

121 237
132 500
-
-
total
-
-
-
-
Dividends
121 237
132 500
-
-
withholding
6 062
6 625
-
-
total
6 062
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 314
6 625
26 500
1 325
After tax
124 186
125 875
106 000
131 175
Living cost
9 011
9 011
9 011
9 011
Free-cash
115 175
116 864
96 989
122 164

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70664
₽63902
₽43987
₽49467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 907
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.

-
-
-
31 799
other
-
-
-
6 294
health
-
-
-
5 830
total
-
-
-
61 830
Employee
36 360
-
105 829
-
health
509
-
1 482
-
income
6 260
-
19 731
-
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.

2 545
-
7 409
-
unemployment
363
-
1 058
-
total
9 677
-
29 680
-
Employer
36 360
-
105 829
-
accident
291
-
848
-
other
1 819
-
5 291
-
unemployment
363
-
1 058
-
pensions

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

6 182
-
17 991
-
health
509
-
1 482
-
total
9 164
-
26 670
-
Corporate
86 977
132 500
-
-
income
18 264
27 825
-
-
total
18 264
27 825
-
-
Dividends
68 712
104 675
-
-
withholding
4 810
7 328
-
-
total
4 810
7 328
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 915
35 153
56 350
61 830
After tax
90 585
97 347
76 150
70 670
Living cost
26 683
26 683
26 683
26 683
Free-cash
63 902
70 664
49 467
43 987

Estimated living cost  is ₽26683 per week

₽18853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24200
₽18055
₽23861
₽11619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 092
pensions
-
-
-
8 166
total
-
-
-
41 258
Employee
95 334
-
116 163
-
health
1 571
-
1 860
-
income
17 185
-
24 931
-
pensions
9 197
-
10 371
-
total
27 953
-
37 162
-
Employer
95 334
-
116 163
-
pensions
11 256
-
14 130
-
health
1 811
-
2 208
-
total
13 067
-
16 338
-
Corporate
24 100
132 500
-
-
income

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

4 580
25 175
-
-
total
4 580
25 175
-
-
Dividends
19 520
107 325
-
-
withholding
1 464
15 744
-
-
total
1 464
15 744
-
-
Income
132 500
132 500
132 500
132 500
Total tax
47 064
40 919
53 500
41 258
After tax
85 436
91 581
79 000
91 242
Living cost
67 381
67 381
67 381
67 381
Free-cash
18 055
24 200
11 619
23 861

Estimated living cost  is ₽67381 per week

₽50490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7917
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.
₽8427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100143
₽95486
₽90130
₽94851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
29 225
Employee
17 405
-
125 629
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
income
1 740
-
12 563
-
pensions

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

1 528
-
3 075
-
total
4 261
-
17 634
-
Employer
17 405
-
125 629
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
health
1 201
-
2 416
-
total
3 415
-
6 870
-
Corporate
111 679
132 500
-
-
income
11 168
13 250
-
-
total
11 168
13 250
-
-
Dividends
100 511
119 250
-
-
withholding
5 025
5 962
-
-
total
5 025
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
23 869
19 212
24 504
29 225
After tax
108 631
113 288
107 996
103 275
Living cost
13 145
13 145
13 145
13 145
Free-cash
95 486
100 143
94 851
90 130

Estimated living cost  is ₽13145 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9416
₽11934
₽20676
₽20282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
32 214
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
56 295
Employee
92 843
85 516
113 890
-
health
11 583
11 165
12 348
-
income

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

13 998
13 998
13 998
-
pensions
11 733
11 733
11 733
-
total
37 314
36 896
38 079
-
Employer
92 843
85 516
113 890
-
unemployment
3 343
3 079
3 825
-
pensions
6 461
5 952
7 398
-
health
6 452
5 944
7 387
-
total
16 256
14 975
18 610
-
Corporate
23 402
32 009
-
-
income
4 681
6 402
-
-
total
4 681
6 402
-
-
Dividends
18 721
25 607
-
-
income
3 977
5 441
-
-
withholding
2 809
3 841
-
-
total
6 786
9 282
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 037
67 555
56 689
56 295
After tax
67 463
64 945
75 811
76 205
Living cost
55 529
55 529
55 529
55 529
Free-cash
11 934
9 416
20 282
20 676

Estimated living cost  is ₽55529 per week

₽40962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67140
₽58548
₽43875
₽43153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
11 993
health
-
-
-
17 888
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 658
total
-
-
-
64 539
Employee
35 420
-
98 881
-
social contributions
2 302
-
6 427
-
health
4 782
-
13 349
-
solidarity contribution
-
-
-
-
income
4 250
-
11 866
-
total
11 334
-
31 642
-
Employer
35 420
-
98 881
-
social contributions
8 855
-
24 720
-
health
3 188
-
8 899
-
total
12 043
-
33 619
-
Corporate
85 037
132 500
-
-
income
16 157
25 175
-
-
total
16 157
25 175
-
-
Dividends
68 880
107 325
-
-
withholding
10 332
16 099
-
-
total
10 332
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 866
41 274
65 261
64 539
After tax
82 634
91 226
67 239
67 961
Living cost
24 086
24 086
24 086
24 086
Free-cash
58 548
67 140
43 153
43 875

Estimated living cost  is ₽24086 per week

₽16730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28438
₽23210
₽23452
₽17147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
regional
-
-
-
1 518
national
-
-
-
30 408
social contributions
-
-
-
34 079
total
-
-
-
66 792
Employee
88 999
-
132 500
-
social contributions
30 010
-
44 679
-
regional
840
-
1 336
-
municipal
471
-
703
-
national
15 421
-
26 379
-
total
46 742
-
73 097
-
Employer
88 999
-
132 500
-
total
-
-
-
-
Corporate
43 501
132 500
-
-
nationa
10 441
31 801
-
-
municipal
1 697
5 167
-
-
total
12 138
36 968
-
-
Dividends
31 364
95 532
-
-
withholding
8 154
24 838
-
-
total
8 154
24 838
-
-
Income
132 500
132 500
132 500
132 500
Total tax
67 034
61 806
73 097
66 792
After tax
65 466
70 694
59 403
65 708
Living cost
42 256
42 256
42 256
42 256
Free-cash
23 210
28 438
17 147
23 452

Estimated living cost  is ₽42256 per week

₽29455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
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.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61245
₽58127
₽40919
₽38726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
29 302
pensions
-
-
-
26 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 407
surtax
-
-
-
4 046
total
-
-
-
69 483
Employee
33 116
-
109 458
-
other
-
-
-
-
health
846
-
2 790
-
surtax
108
-
3 700
-
income
5 551
-
27 224
-
pensions
2 208
-
7 301
-
unemployment
2 305
-
7 619
-
total
11 018
-
48 634
-
Employer
33 116
-
109 458
-
other
-
-
-
-
unemployment
1 049
-
3 470
-
pensions
4 415
-
14 591
-
health
1 507
-
4 981
-
total
6 971
-
23 042
-
Corporate
92 414
132 500
-
-
income
24 028
34 450
-
-
total
24 028
34 450
-
-
Dividends
68 386
98 050
-
-
withholding
10 258
14 707
-
-
total
10 258
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 275
49 157
71 676
69 483
After tax
80 225
83 343
60 824
63 017
Living cost
22 098
22 098
22 098
22 098
Free-cash
58 127
61 245
38 726
40 919

Estimated living cost  is ₽22098 per week

₽13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2039
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.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45548
₽45315
₽45209
₽32967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 092
pensions
-
-
-
8 166
total
-
-
-
41 258
Employee
63 890
-
116 163
-
health
927
-
1 860
-
income
11 507
-
24 931
-
pensions
5 423
-
10 371
-
total
17 857
-
37 162
-
Employer
63 890
-
116 163
-
pensions
6 916
-
14 130
-
health
1 214
-
2 208
-
total
8 130
-
16 338
-
Corporate
60 480
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.

11 491
25 175
-
-
total
11 491
25 175
-
-
Dividends
48 989
107 325
-
-
withholding
3 674
15 744
-
-
total
3 674
15 744
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 152
40 919
53 500
41 258
After tax
91 348
91 581
79 000
91 242
Living cost
46 033
46 033
46 033
46 033
Free-cash
45 315
45 548
32 967
45 209

Estimated living cost  is ₽46033 per week

₽34487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15051
₽17310
₽33338
₽26880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 191
other

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

-
-
-
2 650
regional
-
-
-
5 554
health
-
-
-
297
national
-
-
-
1 432
total
-
-
-
23 521
Employee
88 519
-
118 594
-
city
950
-
1 274
-
regional
2 899
-
4 750
-
health
200
-
266
-
pensions
7 437
-
9 962
-
unemployment
-
-
-
-
national
419
-
1 127
-
total
11 905
-
17 379
-
Employer
88 519
-
118 594
-
other

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

1 770
-
2 372
-
unemployment
-
-
-
-
pensions
7 437
-
9 962
-
health
200
-
266
-
total
9 407
-
12 600
-
Corporate
33 601
132 500
-
-
regional
7 107
28 024
-
-
national
2 856
11 262
-
-
total
9 963
39 286
-
-
Dividends
23 638
93 214
-
-
withholding
8 274
32 624
-
-
total
8 274
32 624
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 549
71 910
29 979
23 521
After tax
92 951
60 590
102 521
108 979
Living cost
75 641
75 641
75 641
75 641
Free-cash
17 310
-15 051
26 880
33 338

Estimated living cost  is ₽75641 per week

₽49188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19663
₽35900
₽26969
₽41708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 739
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.

-
-
-
36 090
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.

-
-
-
6 841
surtax

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

-
-
-
1 986
total
-
-
-
59 656
Employee

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

60 183
-
132 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 841
-
6 841
-
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.

390
-
1 986
-
income

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

7 077
-
36 090
-
total
14 308
-
44 917
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 317
132 500
-
-
surtax

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

597
1 093
-
-
income
10 847
19 876
-
-
trade
12 402
22 724
-
-
chamber of commerce
255
338
-
-
total
24 101
44 031
-
-
Dividends
48 217
88 469
-
-
surtax

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

642
1 195
-
-
withholding
11 674
21 736
-
-
total
12 316
22 931
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 725
66 962
44 917
59 656
After tax
81 775
65 538
87 583
72 844
Living cost
45 875
45 875
45 875
45 875
Free-cash
35 900
19 663
41 708
26 969

Estimated living cost  is ₽45875 per week

₽33505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32518
₽38435
₽41116
₽43473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 198
pensions
-
-
-
27 808
other
-
-
-
4 107
health
-
-
-
4 234
surtax
-
-
-
-
social contributions
-
-
-
3 776
total
-
-
-
57 123
Employee
42 859
-
105 122
-
social contributions
1 222
-
2 995
-
surtax
-
-
-
-
income
2 529
-
18 150
-
pensions
4 846
-
6 241
-
total
8 597
-
27 386
-
Employer
42 859
-
105 122
-
other
1 478
-
3 646
-
social contributions
129
-
315
-
unemployment
1 735
-
4 257
-
pensions
7 041
-
10 700
-
health
3 001
-
8 462
-
total
13 384
-
27 380
-
Corporate
76 257
132 500
-
-
surtax
-
-
-
-
income
21 352
37 101
-
-
total
21 352
37 101
-
-
Dividends
54 905
95 399
-
-
surtax
-
-
-
-
social contributions
9 443
16 408
-
-
withholding
7 028
12 212
-
-
total
16 471
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 804
65 721
54 766
57 123
After tax
72 696
66 779
77 734
75 377
Living cost
34 261
34 261
34 261
34 261
Free-cash
38 435
32 518
43 473
41 116

Estimated living cost  is ₽34261 per week

₽21603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
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.
₽9291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35912
₽41475
₽44510
₽46867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 198
pensions
-
-
-
27 808
other
-
-
-
4 107
health
-
-
-
4 234
surtax
-
-
-
-
social contributions
-
-
-
3 776
total
-
-
-
57 123
Employee
38 257
-
105 122
-
social contributions
1 091
-
2 995
-
surtax
-
-
-
-
income
1 973
-
18 150
-
pensions
4 327
-
6 241
-
total
7 391
-
27 386
-
Employer
38 257
-
105 122
-
other
1 321
-
3 646
-
social contributions
114
-
315
-
unemployment
1 549
-
4 257
-
pensions
6 286
-
10 700
-
health
2 678
-
8 462
-
total
11 948
-
27 380
-
Corporate
82 295
132 500
-
-
surtax
-
-
-
-
income
23 042
37 101
-
-
total
23 042
37 101
-
-
Dividends
59 253
95 399
-
-
surtax
-
-
-
-
social contributions
10 193
16 408
-
-
withholding
7 584
12 212
-
-
total
17 777
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 158
65 721
54 766
57 123
After tax
72 342
66 779
77 734
75 377
Living cost
30 867
30 867
30 867
30 867
Free-cash
41 475
35 912
46 867
44 510

Estimated living cost  is ₽30867 per week

₽17901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59603
₽60121
₽63856
₽62414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
19 876
health
-
-
-
9 249
social contributions
-
-
-
18 285
total
-
-
-
47 410
Employee
33 954
-
132 500
-
social contributions
4 686
-
18 285
-
health
2 370
-
9 249
-
income
5 663
-
21 318
-
total
12 719
-
48 852
-
Employer
33 954
-
132 500
-
total
-
-
-
-
Corporate
98 546
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%.

4 928
6 625
-
-
total
4 928
6 625
-
-
Dividends
93 619
125 875
-
-
health
6 535
8 785
-
-
social contributions
12 919
17 371
-
-
withholding
14 044
18 882
-
-
total
33 498
45 038
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 145
51 663
48 852
47 410
After tax
81 355
80 837
83 648
85 090
Living cost
21 234
21 234
21 234
21 234
Free-cash
60 121
59 603
62 414
63 856

Estimated living cost  is ₽21234 per week

₽14211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38445
₽36898
₽31503
₽750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
chamber of commerce
-
-
-
530
income
-
-
-
28 249
pensions
-
-
-
21 643
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
198
total
-
-
-
65 711
Employee
50 046
39 907
102 733
-
other
500
399
1 028
-
health
1 936
1 545
3 976
-
income
5 697
2 944
23 361
-
pensions
5 125
4 086
10 520
-
unemployment
1 501
1 197
3 082
-
total
14 759
10 171
41 967
-
Employer
50 046
39 907
102 733
-
accident
650
519
1 336
-
other
2 377
1 895
4 880
-
chamber of commerce
200
160
410
-
unemployment
1 501
1 197
3 082
-
surtax
198
198
198
-
pensions
6 281
5 009
12 894
-
payroll
1 501
1 197
3 082
-
health
1 891
1 509
3 882
-
total
14 599
11 684
29 764
-
Corporate
67 856
80 909
98 934
-
income

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

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

16 964
20 227
24 733
-
total
16 964
20 227
24 733
-
Dividends
50 891
60 682
-
-
withholding
13 994
16 687
-
-
total
13 994
16 687
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 316
58 769
96 464
65 711
After tax
72 184
73 731
36 036
66 789
Living cost
35 286
35 286
35 286
35 286
Free-cash
36 898
38 445
750
31 503

Estimated living cost  is ₽35286 per week

₽23534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37681
₽22662
₽22411
₽12588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 924
communal

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

-
-
-
6 693
social contributions
-
-
-
20 959
total
-
-
-
73 576
Employee

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

71 631
-
102 626
-
communal

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

3 736
-
5 353
-
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.

3 366
-
4 823
-
pensions

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

5 372
-
7 696
-
unemployment

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

623
-
893
-
national
22 022
-
34 761
-
total
35 119
-
53 526
-
Employer

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

71 631
-
102 626
-
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.

931
-
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.

1 045
-
1 497
-
surtax
8 122
-
11 638
-
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.

6 347
-
9 093
-
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.

4 405
-
6 311
-
total
20 850
-
29 873
-
Corporate
40 018
132 500
-
-
surtax
160
530
-
-
income
8 004
26 500
-
-
total
8 164
27 030
-
-
Dividends
31 854
105 469
-
-
withholding

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

9 192
31 276
-
-
total
9 192
31 276
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 325
58 306
83 399
73 576
After tax
59 175
74 194
49 101
58 924
Living cost
36 513
36 513
36 513
36 513
Free-cash
22 662
37 681
12 588
22 411

Estimated living cost  is ₽36513 per week

₽23519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
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.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52684
₽45060
₽37936
₽33123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
836
income
-
-
-
30 553
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
58 399
Employee
49 847
-
102 910
-
other
49
-
93
-
income
10 518
-
27 727
-
pensions
2 343
-
4 363
-
unemployment
773
-
1 439
-
total
13 683
-
33 622
-
Employer
49 847
-
102 910
-
accident
986
-
1 838
-
other
397
-
743
-
unemployment
2 742
-
5 104
-
pensions
11 763
-
21 905
-
total
15 888
-
29 590
-
Corporate
66 764
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.

10 015
19 876
-
-
total
10 015
19 876
-
-
Dividends
56 749
112 624
-
-
withholding
11 689
23 775
-
-
total
11 689
23 775
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 275
43 651
63 212
58 399
After tax
81 225
88 849
69 288
74 101
Living cost
36 165
36 165
36 165
36 165
Free-cash
45 060
52 684
33 123
37 936

Estimated living cost  is ₽36165 per week

₽26632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25222
₽14977
₽16001
₽21283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 117
income
-
-
-
16 846
pensions
-
-
-
19 861
health
-
-
-
9 310
surtax
-
-
-
6 570
communal
-
-
-
8 375
total
-
-
-
62 079
Employee
75 836
-
118 356
-
health
3 375
-
5 268
-
surtax
4 648
-
7 254
-
income
7 325
-
20 662
-
pensions
6 066
-
9 468
-
total
21 414
-
42 652
-
Employer
75 836
-
118 356
-
accident
682
-
1 066
-
pensions
6 066
-
9 468
-
health
2 313
-
3 611
-
total
9 061
-
14 145
-
Corporate
47 604
132 500
-
-
surtax
500
1 391
-
-
communal
3 213
8 943
-
-
income
7 140
19 876
-
-
total
10 853
30 210
-
-
Dividends
36 751
102 290
-
-
income
16 262
7 305
-
-
withholding
5 513
15 343
-
-
total
21 775
22 648
-
-
Income
132 500
132 500
132 500
132 500
Total tax
63 103
52 858
56 797
62 079
After tax
69 397
79 642
75 703
70 421
Living cost
54 420
54 420
54 420
54 420
Free-cash
14 977
25 222
21 283
16 001

Estimated living cost  is ₽54420 per week

₽40823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60850
₽57663
₽40524
₽38331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
29 302
pensions
-
-
-
26 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 407
surtax
-
-
-
4 046
total
-
-
-
69 483
Employee
33 724
-
109 458
-
other
-
-
-
-
health
861
-
2 790
-
surtax
120
-
3 700
-
income
5 654
-
27 224
-
pensions
2 250
-
7 301
-
unemployment
2 347
-
7 619
-
total
11 232
-
48 634
-
Employer
33 724
-
109 458
-
other
-
-
-
-
unemployment
1 070
-
3 470
-
pensions
4 496
-
14 591
-
health
1 534
-
4 981
-
total
7 100
-
23 042
-
Corporate
91 677
132 500
-
-
income
23 836
34 450
-
-
total
23 836
34 450
-
-
Dividends
67 840
98 050
-
-
withholding
10 176
14 707
-
-
total
10 176
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 344
49 157
71 676
69 483
After tax
80 156
83 343
60 824
63 017
Living cost
22 493
22 493
22 493
22 493
Free-cash
57 663
60 850
38 331
40 524

Estimated living cost  is ₽22493 per week

₽13580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42669
₽40445
₽38252
₽31980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
regional
-
-
-
1 998
national
-
-
-
30 408
social contributions
-
-
-
34 079
total
-
-
-
67 272
Employee
55 549
-
132 500
-
social contributions
18 732
-
44 679
-
regional
748
-
1 783
-
municipal
295
-
703
-
national
8 801
-
26 379
-
total
28 576
-
73 544
-
Employer
55 549
-
132 500
-
total
-
-
-
-
Corporate
76 951
132 500
-
-
nationa
18 468
31 801
-
-
municipal
3 824
6 585
-
-
total
22 292
38 386
-
-
Dividends
54 660
94 115
-
-
withholding
14 211
24 469
-
-
total
14 211
24 469
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 079
62 855
73 544
67 272
After tax
67 421
69 645
58 956
65 228
Living cost
26 976
26 976
26 976
26 976
Free-cash
40 445
42 669
31 980
38 252

Estimated living cost  is ₽26976 per week

₽16776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61546
₽50957
₽38281
₽37559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
11 993
health
-
-
-
17 888
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 658
total
-
-
-
64 539
Employee
43 647
-
98 881
-
social contributions
2 837
-
6 427
-
health
5 892
-
13 349
-
solidarity contribution
-
-
-
-
income
5 238
-
11 866
-
total
13 967
-
31 642
-
Employer
43 647
-
98 881
-
social contributions
10 912
-
24 720
-
health
3 928
-
8 899
-
total
14 840
-
33 619
-
Corporate
74 013
132 500
-
-
income
14 063
25 175
-
-
total
14 063
25 175
-
-
Dividends
59 951
107 325
-
-
withholding
8 993
16 099
-
-
total
8 993
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 863
41 274
65 261
64 539
After tax
80 637
91 226
67 239
67 961
Living cost
29 680
29 680
29 680
29 680
Free-cash
50 957
61 546
37 559
38 281

Estimated living cost  is ₽29680 per week

₽22072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
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.
₽5450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41889
₽41396
₽35039
₽4125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
chamber of commerce
-
-
-
530
income
-
-
-
28 249
pensions
-
-
-
21 643
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
-
total
-
-
-
65 513
Employee
43 774
39 907
102 887
-
other
437
399
1 028
-
health
1 693
1 545
3 981
-
income
3 900
2 944
23 414
-
pensions
4 483
4 086
10 536
-
unemployment
1 313
1 197
3 086
-
total
11 826
10 171
42 045
-
Employer
43 774
39 907
102 887
-
accident
568
519
1 338
-
other
2 079
1 895
4 886
-
chamber of commerce
175
160
412
-
unemployment
1 313
1 197
3 086
-
surtax
-
-
-
-
pensions
5 494
5 009
12 913
-
payroll
1 313
1 197
3 086
-
health
1 655
1 509
3 890
-
total
12 597
11 486
29 611
-
Corporate
76 128
81 107
99 088
-
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.

19 032
20 277
24 771
-
total
19 032
20 277
24 771
-
Dividends
57 096
60 830
-
-
withholding
15 701
16 729
-
-
total
15 701
16 729
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 156
58 663
96 427
65 513
After tax
73 344
73 837
36 073
66 987
Living cost
31 948
31 948
31 948
31 948
Free-cash
41 396
41 889
4 125
35 039

Estimated living cost  is ₽31948 per week

₽19165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
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.
₽8951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111833
₽109200
₽117133
₽91958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 553
-
132 500
-
income
3 511
-
26 500
-
total
3 511
-
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%.

114 947
132 500
-
-
total
-
-
-
-
Dividends
114 947
132 500
-
-
withholding
5 747
6 625
-
-
total
5 747
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
9 258
6 625
26 500
1 325
After tax
123 242
125 875
106 000
131 175
Living cost
14 042
14 042
14 042
14 042
Free-cash
109 200
111 833
91 958
117 133

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64366
₽55990
₽40080
₽36477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
132 500
income
-
-
-
28 125
pensions
-
-
-
24 197
unemployment
-
-
-
200
health
-
-
-
13 038
total
-
-
-
65 560
Employee

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

44 282
-
114 650
-
health
2 860
-
7 406
-
income
7 636
-
25 977
-
pensions
6 864
-
17 770
-
unemployment
63
-
160
-
total
17 423
-
51 313
-
Employer

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

44 282
-
114 650
-
unemployment
27
-
68
-
pensions
3 919
-
10 146
-
health
2 949
-
7 636
-
total
6 895
-
17 850
-
Corporate
81 323
132 500
-
-
income
15 452
25 176
-
-
total
15 452
25 176
-
-
Dividends
65 871
107 324
-
-
withholding
9 880
16 098
-
-
total
9 880
16 098
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 650
41 274
69 163
65 560
After tax
82 850
91 226
63 337
66 940
Living cost
26 860
26 860
26 860
26 860
Free-cash
55 990
64 366
36 477
40 080

Estimated living cost  is ₽26860 per week

₽18433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37497
-₽16493
₽48452
₽76239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 823
-
-
-
social contributions
5 070
-
722
-
income
13 637
-
-
-
total
18 707
-
722
-
Employer
61 823
-
-
-
social contributions
87 170
-
12 423
-
total
87 170
-
12 423
-
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
105 877
51 887
13 145
40 932
After tax
26 623
80 613
119 355
91 568
Living cost
43 116
43 116
43 116
43 116
Free-cash
-16 493
37 497
76 239
48 452

Estimated living cost  is ₽43116 per week

₽27976
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.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43955
₽42946
₽41028
₽32320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 017
surtax
-
-
-
-
social contributions

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

-
-
-
46 044
total
-
-
-
60 061
Employee
46 057
-
107 071
-
social contributions
5 066
-
11 778
-
surtax
-
-
-
-
income
9 580
-
31 562
-
total
14 646
-
43 340
-
Employer
46 057
-
107 071
-
social contributions
10 938
-
25 429
-
total
10 938
-
25 429
-
Corporate
75 505
132 500
-
-
surtax
-
-
-
-
income
15 857
27 825
-
-
total
15 857
27 825
-
-
Dividends
59 648
104 675
-
-
withholding
16 702
29 309
-
-
total
16 702
29 309
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 143
57 134
68 769
60 061
After tax
74 357
75 366
63 731
72 439
Living cost
31 411
31 411
31 411
31 411
Free-cash
42 946
43 955
32 320
41 028

Estimated living cost  is ₽31411 per week

₽23502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18413
₽25298
₽27011
₽29368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 198
pensions
-
-
-
27 808
other
-
-
-
4 107
health
-
-
-
4 234
surtax
-
-
-
-
social contributions
-
-
-
3 776
total
-
-
-
57 123
Employee
62 720
-
105 122
-
social contributions
1 786
-
2 995
-
surtax
-
-
-
-
income
5 472
-
18 150
-
pensions
7 094
-
6 241
-
total
14 352
-
27 386
-
Employer
62 720
-
105 122
-
other
2 165
-
3 646
-
social contributions
188
-
315
-
unemployment
2 541
-
4 257
-
pensions
10 306
-
10 700
-
health
4 390
-
8 462
-
total
19 590
-
27 380
-
Corporate
50 191
132 500
-
-
surtax
-
-
-
-
income
14 053
37 101
-
-
total
14 053
37 101
-
-
Dividends
36 138
95 399
-
-
surtax
-
-
-
-
social contributions
6 216
16 408
-
-
withholding
4 625
12 212
-
-
total
10 841
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 836
65 721
54 766
57 123
After tax
73 664
66 779
77 734
75 377
Living cost
48 366
48 366
48 366
48 366
Free-cash
25 298
18 413
29 368
27 011

Estimated living cost  is ₽48366 per week

₽32734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89149
₽85784
₽68995
₽72515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 253
social contributions
-
-
-
29 150
total
-
-
-
33 403
Employee
32 194
-
114 718
-
income
-
-
4 644
-
social contributions
2 092
-
7 457
-
total
2 092
-
12 101
-
Employer
32 194
-
114 718
-
social contributions
4 990
-
17 782
-
total
4 990
-
17 782
-
Corporate
95 316
132 500
-
-
income
9 532
13 249
-
-
total
9 532
13 249
-
-
Dividends
85 783
119 251
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
16 614
13 249
29 883
33 403
After tax
115 886
119 251
102 617
99 097
Living cost
30 102
30 102
30 102
30 102
Free-cash
85 784
89 149
72 515
68 995

Estimated living cost  is ₽30102 per week

₽19463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85790
-₽85790
₽32436
-₽85790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 295
pensions
-
-
-
868
national
-
-
-
14 120
labour market
-
-
-
10 530
total
-
-
-
51 813
Employee
203 657
203 657
203 657
-
labour market
16 269
16 269
16 269
-
national
24 880
24 880
24 880
-
municipal
43 368
43 368
43 368
-
pensions
289
289
289
-
total
84 806
84 806
84 806
-
Employer
203 657
203 657
203 657
-
labour market
16 293
16 293
16 293
-
municipal
43 437
43 437
43 437
-
pensions
579
579
579
-
national
24 924
24 924
24 924
-
total
85 233
85 233
85 233
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
170 039
170 039
170 039
51 813
After tax
-37 539
-37 539
-37 539
80 687
Living cost
48 251
48 251
48 251
48 251
Free-cash
-85 790
-85 790
-85 790
32 436

Estimated living cost  is ₽48251 per week

₽33024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10892
₽7416
₽69108
₽48827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
252
income
-
-
-
34 818
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
41 767
Employee
34 018
-
116 700
-
health
3 895
-
13 362
-
income
4 667
-
25 274
-
pensions
3 831
-
7 612
-
total
12 393
-
46 248
-
Employer
34 018
-
116 700
-
accident
568
-
1 949
-
unemployment
834
-
2 859
-
pensions
5 531
-
10 992
-
total
6 933
-
15 800
-
Corporate
91 549
132 500
-
-
income

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

82 394
119 250
-
-
total
82 394
119 250
-
-
Dividends
9 155
13 250
-
-
withholding
1 739
2 517
-
-
total
1 739
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 459
121 767
62 048
41 767
After tax
29 041
10 733
70 452
90 733
Living cost
21 625
21 625
21 625
21 625
Free-cash
7 416
-10 892
48 827
69 108

Estimated living cost  is ₽21625 per week

₽15741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47181
₽47842
₽52017
₽33851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 559
health
-
-
-
1 623
national
-
-
-
16 854
total
-
-
-
42 036
Employee
52 686
-
111 465
-
health
393
-
1 298
-
municipal
8 630
-
18 175
-
pensions
3 556
-
7 523
-
unemployment
791
-
1 672
-
national
870
-
10 499
-
total
14 240
-
39 167
-
Employer
52 686
-
111 465
-
accident
53
-
112
-
unemployment
342
-
724
-
pensions
9 141
-
19 340
-
health
405
-
859
-
total
9 941
-
21 035
-
Corporate
69 873
132 500
-
-
income
13 975
26 500
-
-
total
13 975
26 500
-
-
Dividends

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

41 924
79 500
-
-
national
509
6 062
-
-
municipal
7 546
14 310
-
-
total
8 055
20 372
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 211
46 872
60 202
42 036
After tax
86 289
85 628
72 298
90 464
Living cost
38 447
38 447
38 447
38 447
Free-cash
47 842
47 181
33 851
52 017

Estimated living cost  is ₽38447 per week

₽25113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽73619
₽68169
₽69522
₽68138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 212
health
-
-
-
3 379
social contributions
-
-
-
16 202
total
-
-
-
39 793
Employee
77 003
77 003
121 630
-
social contributions
2 911
6 391
8 620
-
health
597
1 309
2 068
-
income
8 384
7 128
19 619
-
total
11 892
14 828
30 307
-
Employer
77 003
77 003
121 630
-
social contributions
2 911
6 391
8 620
-
health
648
1 425
2 250
-
total
3 559
7 816
10 870
-
Corporate
93 863
47 681
-
-
income
11 733
5 960
-
-
total
11 733
5 960
-
-
Dividends
82 130
41 721
-
-
withholding
13 962
7 092
-
-
total
13 962
7 092
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 146
35 696
41 177
39 793
After tax
91 354
96 804
91 323
92 707
Living cost
23 185
23 185
23 185
23 185
Free-cash
68 169
73 619
68 138
69 522

Estimated living cost  is ₽23185 per week

₽13895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2275
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.
₽6503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93825
₽88728
₽93460
₽73373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
132 500
income
-
-
-
13 118
pensions
-
-
-
6 370
unemployment
-
-
-
29
health
-
-
-
3 624
total
-
-
-
23 141
Employee

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

22 986
-
122 713
-
health
1 954
-
8 077
-
income
1 572
-
10 636
-
pensions
3 447
-
14 253
-
unemployment
114
-
475
-
total
7 087
-
33 441
-
Employer

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

22 986
-
122 713
-
unemployment
114
-
475
-
pensions
1 264
-
5 226
-
health
988
-
4 086
-
total
2 366
-
9 787
-
Corporate
107 148
132 500
-
-
income
9 644
11 925
-
-
total
9 644
11 925
-
-
Dividends
97 504
120 575
-
-
withholding
8 776
10 851
-
-
total
8 776
10 851
-
-
Income
132 500
132 500
132 500
132 500
Total tax
27 873
22 776
43 228
23 141
After tax
104 627
109 724
89 272
109 359
Living cost
15 899
15 899
15 899
15 899
Free-cash
88 728
93 825
73 373
93 460

Estimated living cost  is ₽15899 per week

₽10144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61312
₽56411
₽46564
₽41751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
836
income
-
-
-
30 553
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
58 399
Employee
37 028
-
102 910
-
other
36
-
93
-
income
7 139
-
27 727
-
pensions
1 741
-
4 363
-
unemployment
574
-
1 439
-
total
9 490
-
33 622
-
Employer
37 028
-
102 910
-
accident
734
-
1 838
-
other
296
-
743
-
unemployment
2 037
-
5 104
-
pensions
8 738
-
21 905
-
total
11 805
-
29 590
-
Corporate
83 667
132 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

12 550
19 876
-
-
total
12 550
19 876
-
-
Dividends
71 117
112 624
-
-
withholding
14 707
23 775
-
-
total
14 707
23 775
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 552
43 651
63 212
58 399
After tax
83 948
88 849
69 288
74 101
Living cost
27 537
27 537
27 537
27 537
Free-cash
56 411
61 312
41 751
46 564

Estimated living cost  is ₽27537 per week

₽18587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79941
₽79491
₽81777
₽81582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 537
pensions
-
-
-
1 998
health
-
-
-
1 449
total
-
-
-
47 984
Employee
4 172
-
130 252
-
health
209
-
500
-
income
807
-
44 432
-
pensions
375
-
899
-
unemployment
42
-
100
-
total
1 433
-
45 931
-
Employer
4 172
-
130 252
-
unemployment
83
-
200
-
pensions
459
-
1 099
-
health
396
-
949
-
total
938
-
2 248
-
Corporate
127 389
132 500
-
-
income
28 026
29 150
-
-
total
28 026
29 150
-
-
Dividends
99 363
103 350
-
-
withholding
19 873
20 670
-
-
total
19 873
20 670
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 270
49 820
48 179
47 984
After tax
82 230
82 680
84 321
84 516
Living cost
2 739
2 739
2 739
2 739
Free-cash
79 491
79 941
81 582
81 777

Estimated living cost  is ₽2739 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78412
₽73485
₽58263
₽58262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
132 500
income
-
-
-
28 942
pensions
-
-
-
19 243
unemployment
-
-
-
1 110
health
-
-
-
7 623
total
-
-
-
56 918
Employee

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

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

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

26 117
-
119 252
-
health
1 345
-
3 812
-
income
3 600
-
28 942
-
pensions
3 656
-
10 362
-
unemployment
196
-
555
-
total
8 797
-
43 671
-
Employer

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

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

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

26 117
-
119 252
-
unemployment
196
-
555
-
pensions
3 134
-
8 881
-
health
1 345
-
3 812
-
total
4 675
-
13 248
-
Corporate
101 709
132 500
-
-
income
15 256
19 875
-
-
total
15 256
19 875
-
-
Dividends
86 452
112 625
-
-
withholding
12 968
16 894
-
-
total
12 968
16 894
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 696
36 769
56 919
56 918
After tax
90 804
95 731
75 581
75 582
Living cost
17 319
17 319
17 319
17 319
Free-cash
73 485
78 412
58 262
58 263

Estimated living cost  is ₽17319 per week

₽11661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48369
₽48007
₽45442
₽36734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 017
surtax
-
-
-
-
social contributions

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

-
-
-
46 044
total
-
-
-
60 061
Employee
38 867
-
107 071
-
social contributions
4 276
-
11 778
-
surtax
-
-
-
-
income
7 594
-
31 562
-
total
11 870
-
43 340
-
Employer
38 867
-
107 071
-
social contributions
9 230
-
25 429
-
total
9 230
-
25 429
-
Corporate
84 403
132 500
-
-
surtax
-
-
-
-
income
17 725
27 825
-
-
total
17 725
27 825
-
-
Dividends
66 679
104 675
-
-
withholding
18 671
29 309
-
-
total
18 671
29 309
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 496
57 134
68 769
60 061
After tax
75 004
75 366
63 731
72 439
Living cost
26 997
26 997
26 997
26 997
Free-cash
48 007
48 369
36 734
45 442

Estimated living cost  is ₽26997 per week

₽19121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53655
₽46368
₽38907
₽34094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
836
income
-
-
-
30 553
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
58 399
Employee
48 363
-
102 910
-
other
48
-
93
-
income
10 101
-
27 727
-
pensions
2 273
-
4 363
-
unemployment
749
-
1 439
-
total
13 171
-
33 622
-
Employer
48 363
-
102 910
-
accident
958
-
1 838
-
other
388
-
743
-
unemployment
2 660
-
5 104
-
pensions
11 414
-
21 905
-
total
15 420
-
29 590
-
Corporate
68 717
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.

10 308
19 876
-
-
total
10 308
19 876
-
-
Dividends
58 410
112 624
-
-
withholding
12 039
23 775
-
-
total
12 039
23 775
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 938
43 651
63 212
58 399
After tax
81 562
88 849
69 288
74 101
Living cost
35 194
35 194
35 194
35 194
Free-cash
46 368
53 655
34 094
38 907

Estimated living cost  is ₽35194 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96042
₽89931
₽86029
₽90750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
29 225
Employee
22 837
-
125 629
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
income
2 284
-
12 563
-
pensions

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

2 005
-
3 075
-
total
5 591
-
17 634
-
Employer
22 837
-
125 629
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
health
1 576
-
2 416
-
total
4 481
-
6 870
-
Corporate
105 183
132 500
-
-
income
10 518
13 250
-
-
total
10 518
13 250
-
-
Dividends
94 664
119 250
-
-
withholding
4 733
5 962
-
-
total
4 733
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 323
19 212
24 504
29 225
After tax
107 177
113 288
107 996
103 275
Living cost
17 246
17 246
17 246
17 246
Free-cash
89 931
96 042
90 750
86 029

Estimated living cost  is ₽17246 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29602
₽42700
₽36589
₽48922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 333
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.

-
-
-
36 090
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.

-
-
-
6 841
surtax

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

-
-
-
1 986
total
-
-
-
57 250
Employee

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

49 826
-
132 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 841
-
6 841
-
surtax

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

226
-
1 986
-
income

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

4 097
-
36 090
-
total
11 164
-
44 917
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 674
132 500
-
-
surtax

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

682
1 093
-
-
income
12 402
19 876
-
-
trade
11 864
19 013
-
-
chamber of commerce
274
346
-
-
total
25 222
40 328
-
-
Dividends
57 452
92 173
-
-
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.

770
1 247
-
-
withholding
13 983
22 662
-
-
total
14 753
23 909
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 139
64 237
44 917
57 250
After tax
81 361
68 263
87 583
75 250
Living cost
38 662
38 662
38 662
38 662
Free-cash
42 700
29 602
48 922
36 589

Estimated living cost  is ₽38662 per week

₽26670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35706
₽37917
₽26540
₽26540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 449
social contributions
-
-
-
12 467
total
-
-
-
48 916
Employee
78 332
-
132 500
-
income
14 781
-
36 449
-
social contributions
6 508
-
12 467
-
total
21 289
-
48 916
-
Employer
78 332
-
132 500
-
total
-
-
-
-
Corporate
54 168
132 500
-
-
income
6 771
16 562
-
-
total
6 771
16 562
-
-
Dividends
47 397
115 938
-
-
withholding
9 479
23 188
-
-
total
9 479
23 188
-
-
Income
132 500
132 500
132 500
132 500
Total tax
37 539
39 750
48 916
48 916
After tax
94 961
92 750
83 584
83 584
Living cost
57 044
57 044
57 044
57 044
Free-cash
37 917
35 706
26 540
26 540

Estimated living cost  is ₽57044 per week

₽43398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44484
₽47981
₽60968
₽60537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
132 500
income
-
-
-
28 505
health

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

-
-
-
6 676
total
-
-
-
35 181
Employee
45 939
-
127 894
-
income
4 985
-
26 400
-
social contributions
4 603
-
4 606
-
total
9 588
-
31 006
-
Employer
45 939
-
127 894
-
social contributions
4 603
-
4 606
-
total
4 603
-
4 606
-
Corporate
81 959
132 500
-
-
income
28 686
46 374
-
-
total
28 686
46 374
-
-
Dividends
53 273
86 126
-
-
social contributions
5 291
5 291
-
-
total
5 291
5 291
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 168
51 665
35 612
35 181
After tax
84 332
80 835
96 888
97 319
Living cost
36 351
36 351
36 351
36 351
Free-cash
47 981
44 484
60 537
60 968

Estimated living cost  is ₽36351 per week

₽23944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
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.
₽8983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54158
₽56167
₽53819
₽41577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 092
pensions
-
-
-
8 166
total
-
-
-
41 258
Employee
51 368
-
116 163
-
health
670
-
1 860
-
income
9 355
-
24 931
-
pensions
3 921
-
10 371
-
total
13 946
-
37 162
-
Employer
51 368
-
116 163
-
pensions
5 190
-
14 130
-
health
976
-
2 208
-
total
6 166
-
16 338
-
Corporate
74 965
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.

14 243
25 175
-
-
total
14 243
25 175
-
-
Dividends
60 723
107 325
-
-
withholding
4 555
15 744
-
-
total
4 555
15 744
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 910
40 919
53 500
41 258
After tax
93 590
91 581
79 000
91 242
Living cost
37 423
37 423
37 423
37 423
Free-cash
56 167
54 158
41 577
53 819

Estimated living cost  is ₽37423 per week

₽25672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3441
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.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13034
₽7087
₽66966
₽46685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
252
income
-
-
-
34 818
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
41 767
Employee
37 386
-
116 700
-
health
4 280
-
13 362
-
income
5 129
-
25 274
-
pensions
4 210
-
7 612
-
total
13 619
-
46 248
-
Employer
37 386
-
116 700
-
accident
624
-
1 949
-
unemployment
916
-
2 859
-
pensions
6 079
-
10 992
-
total
7 619
-
15 800
-
Corporate
87 496
132 500
-
-
income

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

78 746
119 250
-
-
total
78 746
119 250
-
-
Dividends
8 750
13 250
-
-
withholding
1 662
2 517
-
-
total
1 662
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
101 646
121 767
62 048
41 767
After tax
30 854
10 733
70 452
90 733
Living cost
23 767
23 767
23 767
23 767
Free-cash
7 087
-13 034
46 685
66 966

Estimated living cost  is ₽23767 per week

₽17442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽97971
₽93285
₽61352
₽75768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
663
health insurance
-
-
-
9 805
income
-
-
-
21 182
pensions
-
-
-
24 380
unemployment
-
-
-
1 590
total
-
-
-
57 620
Employee

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

21 644
-
132 500
-
work injury
108
-
400
-
income
2 164
-
21 182
-
pensions
3 982
-
14 735
-
health insurance
1 602
-
5 926
-
unemployment
260
-
961
-
total
8 116
-
43 204
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 856
132 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 109
1 325
-
-
total
1 109
1 325
-
-
Dividends
109 747
131 175
-
-
withholding
16 462
19 676
-
-
total
16 462
19 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 687
21 001
43 204
57 620
After tax
106 813
111 499
89 296
74 880
Living cost
13 528
13 528
13 528
13 528
Free-cash
93 285
97 971
75 768
61 352

Estimated living cost  is ₽13528 per week

₽8381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29896
₽25343
₽24289
₽18229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 944
national
-
-
-
30 408
social contributions
-
-
-
34 079
total
-
-
-
68 317
Employee
84 385
-
132 500
-
social contributions
28 454
-
44 679
-
regional
1 274
-
2 528
-
municipal
504
-
791
-
national
14 260
-
26 379
-
total
44 492
-
74 377
-
Employer
84 385
-
132 500
-
total
-
-
-
-
Corporate
48 115
132 500
-
-
nationa
11 548
31 801
-
-
municipal
2 318
6 387
-
-
total
13 866
38 188
-
-
Dividends
34 249
94 312
-
-
withholding
8 905
24 522
-
-
total
8 905
24 522
-
-
Income
132 500
132 500
132 500
132 500
Total tax
67 263
62 710
74 377
68 317
After tax
65 237
69 790
58 123
64 183
Living cost
39 894
39 894
39 894
39 894
Free-cash
25 343
29 896
18 229
24 289

Estimated living cost  is ₽39894 per week

₽28023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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