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
₽58386
₽38625
₽44348
₽48945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 059
trade
-
-
-
14 038
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.

-
-
-
37 431
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.

-
-
-
6 372
total
-
-
-
59 900
Employee

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

35 675
-
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.

6 372
-
6 372
-
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.

55
-
2 059
-
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.

997
-
37 431
-
total
7 424
-
45 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 825
132 500
-
-
chamber of commerce
281
333
-
-
trade
15 251
20 869
-
-
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.

798
1 094
-
-
income
14 523
19 876
-
-
total
30 853
42 172
-
-
Dividends
65 971
90 329
-
-
withholding
16 139
22 228
-
-
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.

887
1 223
-
-
total
17 026
23 451
-
-
Income
132 500
132 500
132 500
132 500
Total tax
55 303
65 623
45 862
59 900
After tax
77 197
66 877
86 638
72 600
Living cost
28 252
28 252
28 252
28 252
Free-cash
48 945
38 625
58 386
44 348

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30198
₽32943
₽29159
₽32116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 230
social contributions
-
-
-
1 424
national
-
-
-
22 050
pensions
-
-
-
15 900
total
-
-
-
53 604
Employee
77 101
-
114 545
-
pensions
3 084
-
4 582
-
national
14 757
-
22 845
-
municipal
9 523
-
14 743
-
total
27 364
-
42 170
-
Employer
77 101
-
114 545
-
pensions
6 168
-
9 164
-
social contributions
829
-
1 231
-
total
6 997
-
10 395
-
Corporate
43 313
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%.

8 663
26 500
-
-
total
8 663
26 500
-
-
Dividends
34 650
106 000
-
-
withholding
7 623
23 320
-
-
total
7 623
23 320
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 647
49 820
52 565
53 604
After tax
81 853
82 680
79 935
78 896
Living cost
49 737
49 737
49 737
49 737
Free-cash
32 116
32 943
30 198
29 159

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54831
₽86596
₽22376
₽78944
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
35 737
income
-
-
-
21 194
total
-
-
-
90 719
Employee
27 255
-
106 778
-
social contributions

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

2 998
-
11 746
-
surtax
-
-
-
-
income
4 852
-
20 796
-
total
7 850
-
32 542
-
Employer
27 255
-
106 778
-
surtax
-
-
-
-
social contributions

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

6 565
-
25 722
-
total
6 565
-
25 722
-
Corporate
98 680
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%.

19 736
26 499
-
-
total
19 736
26 499
-
-
Dividends

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

78 944
106 001
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
34 151
26 499
58 264
90 719
After tax
98 349
106 001
74 236
41 781
Living cost
19 405
19 405
19 405
19 405
Free-cash
78 944
86 596
54 831
22 376

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40259
₽26054
₽36291
₽20337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
34 706
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
57 136
Employee
79 651
79 651
115 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
13 404
-
total
39 601
34 365
35 834
-
Employer
79 651
79 651
115 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
39 878
38 901
-
-
income
7 976
7 779
-
-
total
7 976
7 779
-
-
Dividends
31 902
31 121
-
-
withholding
4 786
4 668
-
-
income
6 779
6 613
-
-
total
11 565
11 281
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 090
67 373
53 168
57 136
After tax
59 410
65 127
79 332
75 364
Living cost
39 073
39 073
39 073
39 073
Free-cash
20 337
26 054
40 259
36 291

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31380
₽34661
₽32394
₽33816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 377
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
6 118
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
62 422
Employee
53 696
-
106 550
-
national
-
-
5 714
-
municipal
16 012
-
31 773
-
total
16 012
-
37 487
-
Employer
53 696
-
106 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
61 932
132 500
-
-
income
13 625
29 150
-
-
total
13 625
29 150
-
-
Dividends
48 307
103 350
-
-
withholding
14 492
31 005
-
-
total
14 492
31 005
-
-
Income
132 500
132 500
132 500
132 500
Total tax
61 000
60 155
63 436
62 422
After tax
71 500
72 345
69 064
70 078
Living cost
37 684
37 684
37 684
37 684
Free-cash
33 816
34 661
31 380
32 394

Estimated living cost  is ₽37684 per week

₽24976
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.
₽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.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49996
₽29558
₽35333
₽42663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 059
trade
-
-
-
14 663
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.

-
-
-
37 431
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.

-
-
-
6 372
total
-
-
-
60 525
Employee

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

47 301
-
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.

6 372
-
6 372
-
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.

223
-
2 059
-
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.

4 064
-
37 431
-
total
10 659
-
45 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 199
132 500
-
-
chamber of commerce
262
329
-
-
trade
14 015
21 796
-
-
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.

703
1 094
-
-
income
12 780
19 876
-
-
total
27 760
43 095
-
-
Dividends
57 440
89 405
-
-
withholding
14 006
21 996
-
-
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
1 209
-
-
total
14 776
23 205
-
-
Income
132 500
132 500
132 500
132 500
Total tax
53 195
66 300
45 862
60 525
After tax
79 305
66 200
86 638
71 975
Living cost
36 642
36 642
36 642
36 642
Free-cash
42 663
29 558
49 996
35 333

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60651
₽66509
₽61903
₽62644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
15 091
income
-
-
-
21 874
health
-
-
-
3 379
total
-
-
-
40 344
Employee
71 723
71 723
122 211
-
health
713
1 220
2 078
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
21 200
-
total
11 729
13 812
31 307
-
Employer
71 723
71 723
122 211
-
health
777
1 328
2 260
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
10 289
-
Corporate
86 255
53 497
-
-
income
10 781
6 687
-
-
total
10 781
6 687
-
-
Dividends
75 473
46 810
-
-
withholding
12 831
7 958
-
-
total
12 831
7 958
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 603
35 738
41 596
40 344
After tax
92 897
96 762
90 904
92 156
Living cost
30 253
30 253
30 253
30 253
Free-cash
62 644
66 509
60 651
61 903

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60108
₽57789
₽75087
₽58136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
unemployment
-
-
-
1 987
income
-
-
-
16 198
pensions
-
-
-
13 250
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.

24 110
9 596
110 879
-
health
1 688
672
7 762
-
pensions
2 411
960
11 088
-
unemployment
362
144
1 663
-
income
2 948
1 173
13 555
-
total
7 409
2 949
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.

24 110
9 596
110 879
-
pensions
4 702
1 871
21 621
-
total
4 702
1 871
21 621
-
Corporate
103 688
121 033
-
-
income
9 332
10 893
-
-
total
9 332
10 893
-
-
Dividends
94 356
110 140
-
-
withholding
17 928
20 927
-
-
social contributions
18 290
21 368
-
-
total
36 218
42 295
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 661
58 008
55 689
40 710
After tax
74 839
74 492
76 811
91 790
Living cost
16 703
16 703
16 703
16 703
Free-cash
58 136
57 789
60 108
75 087

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53843
₽83472
₽48493
₽77678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 499
health
-
-
-
17 224
total
-
-
-
61 478
Employee
26 460
-
99 027
-
unemployment
423
-
1 584
-
pensions
529
-
1 981
-
income
2 979
-
19 092
-
total
3 931
-
22 657
-
Employer
26 460
-
99 027
-
unemployment
212
-
793
-
health
3 439
-
12 873
-
pensions
5 292
-
19 805
-
total
8 943
-
33 471
-
Corporate
97 096
132 500
-
-
income
19 419
26 499
-
-
total
19 419
26 499
-
-
Dividends
77 677
106 001
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
32 293
26 499
56 128
61 478
After tax
100 207
106 001
76 372
71 022
Living cost
22 529
22 529
22 529
22 529
Free-cash
77 678
83 472
53 843
48 493

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49938
-₽10096
₽69872
₽7538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other
-
-
-
351
income
-
-
-
35 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
41 799
Employee
32 765
-
117 239
-
health
3 752
-
13 424
-
pensions
3 689
-
7 223
-
income
4 495
-
25 824
-
total
11 936
-
46 471
-
Employer
32 765
-
117 239
-
unemployment
803
-
2 873
-
accident
547
-
1 958
-
pensions
5 328
-
10 431
-
total
6 678
-
15 262
-
Corporate
93 057
132 500
-
-
income

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

83 751
119 250
-
-
total
83 751
119 250
-
-
Dividends
9 306
13 250
-
-
withholding
1 768
2 517
-
-
total
1 768
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
104 133
121 767
61 733
41 799
After tax
28 367
10 733
70 767
90 701
Living cost
20 829
20 829
20 829
20 829
Free-cash
7 538
-10 096
49 938
69 872

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98446
₽118321
₽123621
₽116905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
132 500
microenterprise

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

-
-
-
1 325
total
-
-
-
1 325
Employee
9 443
-
132 500
-
income
1 888
-
26 500
-
total
1 888
-
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%.

123 057
132 500
-
-
total
-
-
-
-
Dividends
123 057
132 500
-
-
withholding
6 153
6 625
-
-
total
6 153
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 041
6 625
26 500
1 325
After tax
124 459
125 875
106 000
131 175
Living cost
7 554
7 554
7 554
7 554
Free-cash
116 905
118 321
98 446
123 621

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51005
₽72494
₽45526
₽66197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other
-
-
-
6 294
income
-
-
-
18 198
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
health
-
-
-
5 830
total
-
-
-
62 121
Employee
33 866
-
105 831
-
health
474
-
1 482
-
pensions

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

2 370
-
7 409
-
unemployment
338
-
1 058
-
income
5 830
-
20 024
-
total
9 012
-
29 973
-
Employer
33 866
-
105 831
-
unemployment
338
-
1 058
-
accident
271
-
846
-
health
474
-
1 482
-
pensions

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

5 758
-
17 992
-
other
1 694
-
5 291
-
total
8 535
-
26 669
-
Corporate
90 098
132 500
-
-
income
18 920
27 825
-
-
total
18 920
27 825
-
-
Dividends
71 179
104 675
-
-
withholding
4 983
7 328
-
-
total
4 983
7 328
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 450
35 153
56 642
62 121
After tax
91 050
97 347
75 858
70 379
Living cost
24 853
24 853
24 853
24 853
Free-cash
66 197
72 494
51 005
45 526

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15355
₽27475
₽27531
₽23571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
34 371
pensions
-
-
-
7 792
total
-
-
-
42 163
Employee
88 860
-
116 052
-
health
1 464
-
1 810
-
pensions
8 573
-
9 824
-
income
16 018
-
26 256
-
total
26 055
-
37 890
-
Employer
88 860
-
116 052
-
health
1 688
-
2 205
-
pensions
10 492
-
14 244
-
total
12 180
-
16 449
-
Corporate
31 460
132 500
-
-
income

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

5 977
25 176
-
-
total
5 977
25 176
-
-
Dividends
25 483
107 324
-
-
withholding
1 911
17 043
-
-
total
1 911
17 043
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 123
42 219
54 339
42 163
After tax
86 377
90 281
78 161
90 337
Living cost
62 806
62 806
62 806
62 806
Free-cash
23 571
27 475
15 355
27 531

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96540
₽101053
₽91689
₽96721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
unemployment
-
-
-
130
income
-
-
-
19 875
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
28 577
Employee
16 200
-
126 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
12 610
-
total
3 965
-
17 330
-
Employer
16 200
-
126 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
113 121
132 500
-
-
income
11 312
13 250
-
-
total
11 312
13 250
-
-
Dividends
101 809
119 250
-
-
withholding
5 090
5 963
-
-
total
5 090
5 963
-
-
Income
132 500
132 500
132 500
132 500
Total tax
23 545
19 213
23 726
28 577
After tax
108 955
113 287
108 774
103 923
Living cost
12 234
12 234
12 234
12 234
Free-cash
96 721
101 053
96 540
91 689

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27611
₽13406
₽23643
₽15752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
34 706
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
57 136
Employee
86 476
79 651
115 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
13 404
-
total
34 754
34 365
35 834
-
Employer
86 476
79 651
115 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
30 883
38 901
-
-
income
6 177
7 779
-
-
total
6 177
7 779
-
-
Dividends
24 706
31 121
-
-
withholding
3 706
4 668
-
-
income
5 250
6 613
-
-
total
8 956
11 281
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 027
67 373
53 168
57 136
After tax
67 473
65 127
79 332
75 364
Living cost
51 721
51 721
51 721
51 721
Free-cash
15 752
13 406
27 611
23 643

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44448
₽68435
₽46754
₽60303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
12 272
health
-
-
-
17 887
total
-
-
-
62 955
Employee
33 517
-
98 881
-
health
4 525
-
13 349
-
social contributions
2 179
-
6 427
-
solidarity contribution
-
-
-
-
income
4 022
-
11 866
-
total
10 726
-
31 642
-
Employer
33 517
-
98 881
-
health
3 017
-
8 899
-
social contributions
8 379
-
24 720
-
total
11 396
-
33 619
-
Corporate
87 588
132 500
-
-
income
16 642
25 175
-
-
total
16 642
25 175
-
-
Dividends
70 946
107 325
-
-
withholding
10 642
16 099
-
-
total
10 642
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 406
41 274
65 261
62 955
After tax
83 094
91 226
67 239
69 545
Living cost
22 791
22 791
22 791
22 791
Free-cash
60 303
68 435
44 448
46 754

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19553
₽31336
₽25827
₽26467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
municipal
-
-
-
788
social contributions
-
-
-
34 078
national
-
-
-
30 919
regional
-
-
-
1 530
total
-
-
-
67 315
Employee
82 895
-
132 500
-
social contributions
27 952
-
44 679
-
national
14 364
-
26 858
-
regional
782
-
1 349
-
municipal
439
-
703
-
total
43 537
-
73 589
-
Employer
82 895
-
132 500
-
total
-
-
-
-
Corporate
49 605
132 500
-
-
municipal
1 935
5 167
-
-
nationa
11 905
31 800
-
-
total
13 840
36 967
-
-
Dividends
35 765
95 533
-
-
withholding
9 298
24 839
-
-
total
9 298
24 839
-
-
Income
132 500
132 500
132 500
132 500
Total tax
66 675
61 806
73 589
67 315
After tax
65 825
70 694
58 911
65 185
Living cost
39 358
39 358
39 358
39 358
Free-cash
26 467
31 336
19 553
25 827

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39061
₽62761
₽42292
₽59856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 429
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
31 250
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
69 626
Employee
30 845
-
109 459
-
health
788
-
2 791
-
pensions
2 057
-
7 301
-
unemployment
2 147
-
7 618
-
surtax
101
-
3 919
-
other
-
-
-
-
income
5 170
-
28 188
-
total
10 263
-
49 817
-
Employer
30 845
-
109 459
-
unemployment
977
-
3 469
-
health
1 404
-
4 981
-
pensions
4 112
-
14 590
-
other
-
-
-
-
total
6 493
-
23 040
-
Corporate
95 163
132 500
-
-
income
24 742
34 450
-
-
total
24 742
34 450
-
-
Dividends
70 421
98 050
-
-
withholding
10 564
14 707
-
-
total
10 564
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 062
49 157
72 857
69 626
After tax
80 438
83 343
59 643
62 874
Living cost
20 582
20 582
20 582
20 582
Free-cash
59 856
62 761
39 061
42 292

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35254
₽47374
₽47430
₽48980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
34 371
pensions
-
-
-
7 792
total
-
-
-
42 163
Employee
59 552
-
116 052
-
health
864
-
1 810
-
pensions
5 055
-
9 824
-
income
10 726
-
26 256
-
total
16 645
-
37 890
-
Employer
59 552
-
116 052
-
health
1 131
-
2 205
-
pensions
6 447
-
14 244
-
total
7 578
-
16 449
-
Corporate
65 370
132 500
-
-
income

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

12 419
25 176
-
-
total
12 419
25 176
-
-
Dividends
52 951
107 324
-
-
withholding
3 971
17 043
-
-
total
3 971
17 043
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 613
42 219
54 339
42 163
After tax
91 887
90 281
78 161
90 337
Living cost
42 907
42 907
42 907
42 907
Free-cash
48 980
47 374
35 254
47 430

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28625
-₽13183
₽35064
₽18381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 396
other

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

-
-
-
2 651
national
-
-
-
1 482
pensions
-
-
-
12 191
regional
-
-
-
5 648
health
-
-
-
297
total
-
-
-
23 665
Employee
86 331
-
118 593
-
health
195
-
267
-
pensions
7 253
-
9 962
-
unemployment
-
-
-
-
city
927
-
1 273
-
national
409
-
1 177
-
regional
2 827
-
4 824
-
total
11 611
-
17 503
-
Employer
86 331
-
118 593
-
unemployment
-
-
-
-
health
195
-
267
-
pensions
7 253
-
9 962
-
other

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

1 726
-
2 372
-
total
9 174
-
12 601
-
Corporate
36 046
132 500
-
-
regional
7 624
28 025
-
-
national
3 064
11 262
-
-
total
10 688
39 287
-
-
Dividends
25 358
93 213
-
-
withholding
8 875
32 625
-
-
total
8 875
32 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 348
71 912
30 104
23 665
After tax
92 152
60 588
102 396
108 835
Living cost
73 771
73 771
73 771
73 771
Free-cash
18 381
-13 183
28 625
35 064

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43909
₽22787
₽28623
₽37914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 059
trade
-
-
-
15 286
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.

-
-
-
37 431
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.

-
-
-
6 372
total
-
-
-
61 148
Employee

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

56 055
-
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.

6 372
-
6 372
-
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.

363
-
2 059
-
income

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

6 592
-
37 431
-
total
13 327
-
45 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 445
132 500
-
-
chamber of commerce
250
327
-
-
trade
13 111
22 724
-
-
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.

630
1 094
-
-
income
11 466
19 876
-
-
total
25 457
44 021
-
-
Dividends
50 988
88 479
-
-
withholding
12 392
21 766
-
-
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.

681
1 197
-
-
total
13 073
22 963
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 857
66 984
45 862
61 148
After tax
80 643
65 516
86 638
71 352
Living cost
42 729
42 729
42 729
42 729
Free-cash
37 914
22 787
43 909
28 623

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44465
₽34869
₽43272
₽40378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 108
social contributions
-
-
-
3 775
income
-
-
-
18 167
pensions
-
-
-
26 657
health
-
-
-
4 609
total
-
-
-
57 316
Employee
39 919
-
104 447
-
social contributions
1 138
-
2 975
-
pensions
4 514
-
6 475
-
surtax
-
-
-
-
income
2 356
-
18 620
-
total
8 008
-
28 070
-
Employer
39 919
-
104 447
-
unemployment
1 616
-
4 230
-
health
2 795
-
8 731
-
pensions
6 558
-
11 040
-
other
1 377
-
3 739
-
social contributions
120
-
313
-
total
12 466
-
28 053
-
Corporate
80 114
132 500
-
-
surtax
-
-
-
-
income
22 432
37 100
-
-
total
22 432
37 100
-
-
Dividends
57 683
95 400
-
-
withholding
7 383
12 211
-
-
surtax
-
-
-
-
social contributions
9 921
16 408
-
-
total
17 304
28 619
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 210
65 719
56 123
57 316
After tax
72 290
66 781
76 377
75 184
Living cost
31 912
31 912
31 912
31 912
Free-cash
40 378
34 869
44 465
43 272

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47627
₽38031
₽46434
₽43213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 108
social contributions
-
-
-
3 775
income
-
-
-
18 167
pensions
-
-
-
26 657
health
-
-
-
4 609
total
-
-
-
57 316
Employee
35 634
-
104 447
-
social contributions
1 016
-
2 975
-
pensions
4 030
-
6 475
-
surtax
-
-
-
-
income
1 837
-
18 620
-
total
6 883
-
28 070
-
Employer
35 634
-
104 447
-
unemployment
1 443
-
4 230
-
health
2 494
-
8 731
-
pensions
5 855
-
11 040
-
other
1 230
-
3 739
-
social contributions
106
-
313
-
total
11 128
-
28 053
-
Corporate
85 738
132 500
-
-
surtax
-
-
-
-
income
24 007
37 100
-
-
total
24 007
37 100
-
-
Dividends
61 731
95 400
-
-
withholding
7 901
12 211
-
-
surtax
-
-
-
-
social contributions
10 618
16 408
-
-
total
18 519
28 619
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 537
65 719
56 123
57 316
After tax
71 963
66 781
76 377
75 184
Living cost
28 750
28 750
28 750
28 750
Free-cash
43 213
38 031
47 627
46 434

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63516
₽61059
₽65314
₽61543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
18 284
income
-
-
-
19 876
health
-
-
-
9 248
total
-
-
-
47 408
Employee
31 625
-
132 500
-
health
2 207
-
9 248
-
social contributions
4 365
-
18 284
-
income
5 275
-
21 674
-
total
11 847
-
49 206
-
Employer
31 625
-
132 500
-
total
-
-
-
-
Corporate
100 875
132 500
-
-
income

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

5 045
6 625
-
-
total
5 045
6 625
-
-
Dividends
95 830
125 875
-
-
withholding
14 374
18 881
-
-
health
6 689
8 786
-
-
social contributions
13 224
17 371
-
-
total
34 287
45 038
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 179
51 663
49 206
47 408
After tax
81 321
80 837
83 294
85 092
Living cost
19 778
19 778
19 778
19 778
Free-cash
61 543
61 059
63 516
65 314

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2285
₽40750
₽34578
₽39308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
529
unemployment
-
-
-
5 721
income
-
-
-
30 128
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
65 056
Employee
46 614
37 171
102 748
-
health
1 804
1 439
3 975
-
pensions
4 774
3 806
10 521
-
unemployment
1 398
1 115
3 082
-
other
466
372
1 027
-
income
5 307
2 742
24 189
-
total
13 749
9 474
42 794
-
Employer
46 614
37 171
102 748
-
unemployment
1 398
1 115
3 082
-
payroll
1 398
1 115
3 082
-
accident
605
483
1 336
-
health
1 761
1 405
3 883
-
pensions
5 850
4 666
12 895
-
other
2 214
1 765
4 880
-
surtax
184
184
184
-
chamber of commerce
186
149
411
-
total
13 596
10 882
29 753
-
Corporate
72 289
84 447
99 207
-
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.

18 072
21 111
24 802
-
total
18 072
21 111
24 802
-
Dividends
54 217
63 336
-
-
withholding
14 909
17 417
-
-
total
14 909
17 417
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 326
58 884
97 349
65 056
After tax
72 174
73 616
35 151
67 444
Living cost
32 866
32 866
32 866
32 866
Free-cash
39 308
40 750
2 285
34 578

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14422
₽40162
₽24305
₽26169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
20 809
communal

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

-
-
-
6 701
national
-
-
-
46 676
total
-
-
-
74 186
Employee

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

66 719
-
102 622
-
health

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

3 135
-
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.

5 004
-
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.

581
-
892
-
national
20 512
-
35 434
-
communal

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

3 480
-
5 353
-
total
32 712
-
54 198
-
Employer

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

66 719
-
102 622
-
unemployment

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

974
-
1 497
-
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.

867
-
1 335
-
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.

4 103
-
6 310
-
pensions

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

5 912
-
9 093
-
surtax
7 565
-
11 636
-
total
19 421
-
29 871
-
Corporate
46 360
132 500
-
-
surtax
186
529
-
-
income
9 271
26 499
-
-
total
9 457
27 028
-
-
Dividends
36 903
105 472
-
-
withholding

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

10 732
31 301
-
-
total
10 732
31 301
-
-
Income
132 500
132 500
132 500
132 500
Total tax
72 322
58 329
84 069
74 186
After tax
60 178
74 171
48 431
58 314
Living cost
34 009
34 009
34 009
34 009
Free-cash
26 169
40 162
14 422
24 305

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36576
₽55017
₽41030
₽48071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
31 849
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
57 785
Employee
46 429
-
104 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
29 187
-
total
12 744
-
34 678
-
Employer
46 429
-
104 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
71 272
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.

10 691
19 876
-
-
total
10 691
19 876
-
-
Dividends
60 581
112 624
-
-
withholding
12 509
23 922
-
-
total
12 509
23 922
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 744
43 798
62 239
57 785
After tax
81 756
88 702
70 261
74 715
Living cost
33 685
33 685
33 685
33 685
Free-cash
48 071
55 017
36 576
41 030

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23664
₽28488
₽18381
₽18300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
6 569
income
-
-
-
18 201
communal
-
-
-
8 374
pensions
-
-
-
19 860
accident
-
-
-
1 117
health
-
-
-
9 310
total
-
-
-
63 431
Employee
70 635
-
118 357
-
health
3 144
-
5 266
-
pensions
5 650
-
9 468
-
surtax
4 329
-
7 254
-
income
6 823
-
22 017
-
total
19 946
-
44 005
-
Employer
70 635
-
118 357
-
accident
635
-
1 066
-
health
2 154
-
3 609
-
pensions
5 650
-
9 468
-
total
8 439
-
14 143
-
Corporate
53 426
132 500
-
-
communal
3 606
8 944
-
-
surtax
561
1 391
-
-
income
8 015
19 876
-
-
total
12 182
30 211
-
-
Dividends
41 244
102 289
-
-
withholding
6 186
15 343
-
-
income
16 759
7 770
-
-
total
22 945
23 113
-
-
Income
132 500
132 500
132 500
132 500
Total tax
63 512
53 324
58 148
63 431
After tax
68 988
79 176
74 352
69 069
Living cost
50 688
50 688
50 688
50 688
Free-cash
18 300
28 488
23 664
18 381

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38693
₽62393
₽41924
₽59423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 429
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
31 250
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
69 626
Employee
31 411
-
109 459
-
health
802
-
2 791
-
pensions
2 096
-
7 301
-
unemployment
2 186
-
7 618
-
surtax
112
-
3 919
-
other
-
-
-
-
income
5 266
-
28 188
-
total
10 462
-
49 817
-
Employer
31 411
-
109 459
-
unemployment
997
-
3 469
-
health
1 428
-
4 981
-
pensions
4 188
-
14 590
-
other
-
-
-
-
total
6 613
-
23 040
-
Corporate
94 476
132 500
-
-
income
24 565
34 450
-
-
total
24 565
34 450
-
-
Dividends
69 912
98 050
-
-
withholding
10 487
14 707
-
-
total
10 487
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 127
49 157
72 857
69 626
After tax
80 373
83 343
59 643
62 874
Living cost
20 950
20 950
20 950
20 950
Free-cash
59 423
62 393
38 693
41 924

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33351
₽44518
₽39592
₽42449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
municipal
-
-
-
788
social contributions
-
-
-
34 078
national
-
-
-
30 919
regional
-
-
-
1 997
total
-
-
-
67 782
Employee
51 740
-
132 500
-
social contributions
17 447
-
44 679
-
national
8 197
-
26 858
-
regional
697
-
1 783
-
municipal
274
-
703
-
total
26 615
-
74 023
-
Employer
51 740
-
132 500
-
total
-
-
-
-
Corporate
80 760
132 500
-
-
municipal
4 014
6 585
-
-
nationa
19 382
31 800
-
-
total
23 396
38 385
-
-
Dividends
57 364
94 115
-
-
withholding
14 914
24 471
-
-
total
14 914
24 471
-
-
Income
132 500
132 500
132 500
132 500
Total tax
64 925
62 856
74 023
67 782
After tax
67 575
69 644
58 477
64 718
Living cost
25 126
25 126
25 126
25 126
Free-cash
42 449
44 518
33 351
39 592

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39154
₽63141
₽41460
₽53121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
12 272
health
-
-
-
17 887
total
-
-
-
62 955
Employee
41 301
-
98 881
-
health
5 576
-
13 349
-
social contributions
2 685
-
6 427
-
solidarity contribution
-
-
-
-
income
4 956
-
11 866
-
total
13 217
-
31 642
-
Employer
41 301
-
98 881
-
health
3 717
-
8 899
-
social contributions
10 325
-
24 720
-
total
14 042
-
33 619
-
Corporate
77 156
132 500
-
-
income
14 660
25 175
-
-
total
14 660
25 175
-
-
Dividends
62 497
107 325
-
-
withholding
9 375
16 099
-
-
total
9 375
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 294
41 274
65 261
62 955
After tax
81 206
91 226
67 239
69 545
Living cost
28 085
28 085
28 085
28 085
Free-cash
53 121
63 141
39 154
41 460

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5426
₽43958
₽37871
₽43499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
529
unemployment
-
-
-
5 721
income
-
-
-
30 128
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
64 872
Employee
40 772
37 171
102 887
-
health
1 577
1 439
3 983
-
pensions
4 176
3 806
10 535
-
unemployment
1 223
1 115
3 087
-
other
407
372
1 028
-
income
3 632
2 742
24 235
-
total
11 015
9 474
42 868
-
Employer
40 772
37 171
102 887
-
unemployment
1 223
1 115
3 087
-
payroll
1 223
1 115
3 087
-
accident
529
483
1 338
-
health
1 542
1 405
3 889
-
pensions
5 117
4 666
12 912
-
other
1 936
1 765
4 887
-
surtax
-
-
-
-
chamber of commerce
163
149
412
-
total
11 733
10 698
29 612
-
Corporate
79 994
84 631
99 347
-
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.

19 998
21 157
24 837
-
total
19 998
21 157
24 837
-
Dividends
59 996
63 474
-
-
withholding
16 498
17 456
-
-
total
16 498
17 456
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 244
58 785
97 317
64 872
After tax
73 256
73 715
35 183
67 628
Living cost
29 757
29 757
29 757
29 757
Free-cash
43 499
43 958
5 426
37 871

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94228
₽114103
₽119403
₽111896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
132 500
-
income
2 943
-
26 500
-
total
2 943
-
26 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 785
132 500
-
-
total
-
-
-
-
Dividends
117 785
132 500
-
-
withholding
5 889
6 625
-
-
total
5 889
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 832
6 625
26 500
1 325
After tax
123 668
125 875
106 000
131 175
Living cost
11 772
11 772
11 772
11 772
Free-cash
111 896
114 103
94 228
119 403

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37798
₽66209
₽41310
₽58407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
132 500
unemployment
-
-
-
198
income
-
-
-
28 738
pensions
-
-
-
24 198
health
-
-
-
13 038
total
-
-
-
66 172
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.

41 246
-
114 649
-
health
2 664
-
7 408
-
pensions
6 393
-
17 771
-
unemployment
58
-
161
-
income
7 113
-
26 493
-
total
16 228
-
51 833
-
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.

41 246
-
114 649
-
unemployment
25
-
69
-
health
2 747
-
7 636
-
pensions
3 650
-
10 146
-
total
6 422
-
17 851
-
Corporate
84 833
132 500
-
-
income
16 118
25 175
-
-
total
16 118
25 175
-
-
Dividends
68 715
107 325
-
-
withholding
10 307
16 098
-
-
total
10 307
16 098
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 075
41 273
69 684
66 172
After tax
83 425
91 227
62 816
66 328
Living cost
25 018
25 018
25 018
25 018
Free-cash
58 407
66 209
37 798
41 310

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80293
₽40604
₽51559
-₽5755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
15 105
income
-
-
-
25 827
total
-
-
-
40 932
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
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
98 246
51 887
12 198
40 932
After tax
34 254
80 613
120 302
91 568
Living cost
40 009
40 009
40 009
40 009
Free-cash
-5 755
40 604
80 293
51 559

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33699
₽46110
₽42791
₽45170
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
46 044
income
-
-
-
14 408
total
-
-
-
60 452
Employee
42 898
-
107 070
-
social contributions
4 719
-
11 778
-
surtax
-
-
-
-
income
8 923
-
32 338
-
total
13 642
-
44 116
-
Employer
42 898
-
107 070
-
social contributions
10 188
-
25 428
-
total
10 188
-
25 428
-
Corporate
79 413
132 500
-
-
surtax
-
-
-
-
income
16 677
27 825
-
-
total
16 677
27 825
-
-
Dividends
62 736
104 675
-
-
withholding
17 566
29 308
-
-
total
17 566
29 308
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 073
57 133
69 544
60 452
After tax
74 427
75 367
62 956
72 048
Living cost
29 257
29 257
29 257
29 257
Free-cash
45 170
46 110
33 699
42 791

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31327
₽21731
₽30134
₽28139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 108
social contributions
-
-
-
3 775
income
-
-
-
18 167
pensions
-
-
-
26 657
health
-
-
-
4 609
total
-
-
-
57 316
Employee
58 419
-
104 447
-
social contributions
1 664
-
2 975
-
pensions
6 608
-
6 475
-
surtax
-
-
-
-
income
5 097
-
18 620
-
total
13 369
-
28 070
-
Employer
58 419
-
104 447
-
unemployment
2 367
-
4 230
-
health
4 089
-
8 731
-
pensions
9 599
-
11 040
-
other
2 016
-
3 739
-
social contributions
175
-
313
-
total
18 246
-
28 053
-
Corporate
55 836
132 500
-
-
surtax
-
-
-
-
income
15 635
37 100
-
-
total
15 635
37 100
-
-
Dividends
40 201
95 400
-
-
withholding
5 145
12 211
-
-
surtax
-
-
-
-
social contributions
6 916
16 408
-
-
total
12 061
28 619
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 311
65 719
56 123
57 316
After tax
73 189
66 781
76 377
75 184
Living cost
45 050
45 050
45 050
45 050
Free-cash
28 139
21 731
31 327
30 134

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74163
₽91212
₽70640
₽88078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 671
social contributions
-
-
-
29 151
total
-
-
-
33 822
Employee
29 986
-
114 718
-
social contributions
1 949
-
7 455
-
income
-
-
5 062
-
total
1 949
-
12 517
-
Employer
29 986
-
114 718
-
social contributions
4 648
-
17 782
-
total
4 648
-
17 782
-
Corporate
97 866
132 500
-
-
income
9 787
13 250
-
-
total
9 787
13 250
-
-
Dividends
88 079
119 250
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
16 384
13 250
30 299
33 822
After tax
116 116
119 250
102 201
98 678
Living cost
28 038
28 038
28 038
28 038
Free-cash
88 078
91 212
74 163
70 640

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70726
-₽70726
₽35062
-₽70726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 656
labour market
-
-
-
10 535
national
-
-
-
14 517
pensions
-
-
-
809
total
-
-
-
52 517
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
158 305
158 305
158 305
52 517
After tax
-25 805
-25 805
-25 805
79 983
Living cost
44 921
44 921
44 921
44 921
Free-cash
-70 726
-70 726
-70 726
35 062

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50245
-₽9789
₽70179
₽7585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other
-
-
-
351
income
-
-
-
35 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
41 799
Employee
32 282
-
117 239
-
health
3 697
-
13 424
-
pensions
3 635
-
7 223
-
income
4 429
-
25 824
-
total
11 761
-
46 471
-
Employer
32 282
-
117 239
-
unemployment
791
-
2 873
-
accident
539
-
1 958
-
pensions
5 249
-
10 431
-
total
6 579
-
15 262
-
Corporate
93 638
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.

84 274
119 250
-
-
total
84 274
119 250
-
-
Dividends
9 364
13 250
-
-
withholding
1 779
2 517
-
-
total
1 779
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
104 393
121 767
61 733
41 799
After tax
28 107
10 733
70 767
90 701
Living cost
20 522
20 522
20 522
20 522
Free-cash
7 585
-9 789
50 245
70 179

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35718
₽49191
₽53888
₽50525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 552
national
-
-
-
17 599
health
-
-
-
1 651
total
-
-
-
42 802
Employee
49 073
-
111 467
-
health
366
-
1 328
-
pensions
3 312
-
7 524
-
unemployment
736
-
1 673
-
national
811
-
11 245
-
municipal
8 038
-
18 169
-
total
13 263
-
39 939
-
Employer
49 073
-
111 467
-
unemployment
319
-
724
-
accident
50
-
112
-
health
377
-
858
-
pensions
8 514
-
19 339
-
total
9 260
-
21 033
-
Corporate
74 168
132 500
-
-
income
14 833
26 499
-
-
total
14 833
26 499
-
-
Dividends

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

44 501
79 501
-
-
national
800
6 689
-
-
municipal
8 009
14 311
-
-
total
8 809
21 000
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 165
47 499
60 972
42 802
After tax
86 335
85 001
71 528
89 698
Living cost
35 810
35 810
35 810
35 810
Free-cash
50 525
49 191
35 718
53 888

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69309
₽75167
₽70561
₽70090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
15 091
income
-
-
-
21 874
health
-
-
-
3 379
total
-
-
-
40 344
Employee
71 723
71 723
122 211
-
health
556
1 220
2 078
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
21 200
-
total
11 077
13 812
31 307
-
Employer
71 723
71 723
122 211
-
health
604
1 328
2 260
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
10 289
-
Corporate
96 513
53 497
-
-
income
12 065
6 687
-
-
total
12 065
6 687
-
-
Dividends
84 448
46 810
-
-
withholding
14 357
7 958
-
-
total
14 357
7 958
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 815
35 738
41 596
40 344
After tax
91 685
96 762
90 904
92 156
Living cost
21 595
21 595
21 595
21 595
Free-cash
70 090
75 167
69 309
70 561

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76428
₽94914
₽95137
₽90169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
132 500
unemployment
-
-
-
27
income
-
-
-
13 219
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
22 554
Employee

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

21 409
-
123 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
10 905
-
total
6 601
-
32 146
-
Employer

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

21 409
-
123 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
108 887
132 500
-
-
income
9 801
11 925
-
-
total
9 801
11 925
-
-
Dividends
99 086
120 575
-
-
withholding
8 917
10 852
-
-
total
8 917
10 852
-
-
Income
132 500
132 500
132 500
132 500
Total tax
27 522
22 777
41 263
22 554
After tax
104 978
109 723
91 237
109 946
Living cost
14 809
14 809
14 809
14 809
Free-cash
90 169
94 914
76 428
95 137

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44612
₽63053
₽49066
₽58645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
31 849
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
57 785
Employee
34 489
-
104 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
29 187
-
total
8 839
-
34 678
-
Employer
34 489
-
104 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
87 016
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.

13 052
19 876
-
-
total
13 052
19 876
-
-
Dividends
73 964
112 624
-
-
withholding
15 320
23 922
-
-
total
15 320
23 922
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 206
43 798
62 239
57 785
After tax
84 294
88 702
70 261
74 715
Living cost
25 649
25 649
25 649
25 649
Free-cash
58 645
63 053
44 612
49 066

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82976
₽80781
₽83111
₽80469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
45 101
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
47 490
Employee
2 893
-
130 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
45 028
-
total
994
-
46 066
-
Employer
2 893
-
130 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
128 956
132 500
-
-
income
28 370
29 150
-
-
total
28 370
29 150
-
-
Dividends
100 586
103 350
-
-
withholding
20 117
20 670
-
-
total
20 117
20 670
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 132
49 820
47 625
47 490
After tax
82 368
82 680
84 875
85 010
Living cost
1 899
1 899
1 899
1 899
Free-cash
80 469
80 781
82 976
83 111

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61078
₽79598
₽61079
₽75009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
132 500
unemployment
-
-
-
1 034
income
-
-
-
29 228
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
55 288
Employee

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

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

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

24 328
-
120 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
29 228
-
total
8 194
-
42 948
-
Employer

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

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

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

24 328
-
120 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
103 817
132 500
-
-
income
15 573
19 875
-
-
total
15 573
19 875
-
-
Dividends
88 245
112 625
-
-
withholding
13 237
16 894
-
-
total
13 237
16 894
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 358
36 769
55 289
55 288
After tax
91 142
95 731
77 211
77 212
Living cost
16 133
16 133
16 133
16 133
Free-cash
75 009
79 598
61 078
61 079

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37810
₽50221
₽46902
₽49883
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
46 044
income
-
-
-
14 408
total
-
-
-
60 452
Employee
36 201
-
107 070
-
social contributions
3 983
-
11 778
-
surtax
-
-
-
-
income
7 074
-
32 338
-
total
11 057
-
44 116
-
Employer
36 201
-
107 070
-
social contributions
8 597
-
25 428
-
total
8 597
-
25 428
-
Corporate
87 702
132 500
-
-
surtax
-
-
-
-
income
18 417
27 825
-
-
total
18 417
27 825
-
-
Dividends
69 284
104 675
-
-
withholding
19 400
29 308
-
-
total
19 400
29 308
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 471
57 133
69 544
60 452
After tax
75 029
75 367
62 956
72 048
Living cost
25 146
25 146
25 146
25 146
Free-cash
49 883
50 221
37 810
46 902

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37481
₽55922
₽41935
₽49292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
31 849
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
57 785
Employee
45 047
-
104 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
29 187
-
total
12 267
-
34 678
-
Employer
45 047
-
104 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
73 091
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.

10 964
19 876
-
-
total
10 964
19 876
-
-
Dividends
62 128
112 624
-
-
withholding
12 835
23 922
-
-
total
12 835
23 922
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 428
43 798
62 239
57 785
After tax
82 072
88 702
70 261
74 715
Living cost
32 780
32 780
32 780
32 780
Free-cash
49 292
55 922
37 481
41 935

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92722
₽97235
₽87871
₽91548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
unemployment
-
-
-
130
income
-
-
-
19 875
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
28 577
Employee
21 255
-
126 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
12 610
-
total
5 204
-
17 330
-
Employer
21 255
-
126 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
107 075
132 500
-
-
income
10 707
13 250
-
-
total
10 707
13 250
-
-
Dividends
96 367
119 250
-
-
withholding
4 818
5 963
-
-
total
4 818
5 963
-
-
Income
132 500
132 500
132 500
132 500
Total tax
24 900
19 213
23 726
28 577
After tax
107 600
113 287
108 774
103 923
Living cost
16 052
16 052
16 052
16 052
Free-cash
91 548
97 235
92 722
87 871

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50628
₽32232
₽37838
₽44435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 059
trade
-
-
-
12 790
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.

-
-
-
37 431
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.

-
-
-
6 372
total
-
-
-
58 652
Employee

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

46 409
-
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.

6 372
-
6 372
-
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.

211
-
2 059
-
income

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

3 816
-
37 431
-
total
10 399
-
45 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 091
132 500
-
-
chamber of commerce
267
336
-
-
trade
12 355
19 014
-
-
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.

710
1 094
-
-
income
12 914
19 876
-
-
total
26 246
40 320
-
-
Dividends
59 845
92 180
-
-
withholding
14 606
22 690
-
-
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.

804
1 248
-
-
total
15 410
23 938
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 055
64 258
45 862
58 652
After tax
80 445
68 242
86 638
73 848
Living cost
36 010
36 010
36 010
36 010
Free-cash
44 435
32 232
50 628
37 838

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20415
₽39619
₽20415
₽41677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
37 583
social contributions
-
-
-
21 370
total
-
-
-
58 953
Employee
72 960
-
132 500
-
social contributions
6 061
-
21 370
-
income
13 767
-
37 583
-
total
19 828
-
58 953
-
Employer
72 960
-
132 500
-
total
-
-
-
-
Corporate
59 540
132 500
-
-
income
7 443
16 562
-
-
total
7 443
16 562
-
-
Dividends
52 097
115 938
-
-
withholding
10 420
23 187
-
-
total
10 420
23 187
-
-
Income
132 500
132 500
132 500
132 500
Total tax
37 691
39 749
58 953
58 953
After tax
94 809
92 751
73 547
73 547
Living cost
53 132
53 132
53 132
53 132
Free-cash
41 677
39 619
20 415
20 415

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽62292
₽47339
₽66410
₽50598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
128 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
27 768
-
total
8 930
-
32 059
-
Employer
42 788
-
128 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
85 425
132 500
-
-
income
29 899
46 375
-
-
total
29 899
46 375
-
-
Dividends
55 525
86 125
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 044
51 303
36 350
32 232
After tax
84 456
81 197
96 150
100 268
Living cost
33 858
33 858
33 858
33 858
Free-cash
50 598
47 339
62 292
66 410

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43279
₽55399
₽55455
₽59095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
34 371
pensions
-
-
-
7 792
total
-
-
-
42 163
Employee
47 881
-
116 052
-
health
625
-
1 810
-
pensions
3 654
-
9 824
-
income
8 719
-
26 256
-
total
12 998
-
37 890
-
Employer
47 881
-
116 052
-
health
910
-
2 205
-
pensions
4 837
-
14 244
-
total
5 747
-
16 449
-
Corporate
78 872
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.

14 986
25 176
-
-
total
14 986
25 176
-
-
Dividends
63 886
107 324
-
-
withholding
4 792
17 043
-
-
total
4 792
17 043
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 523
42 219
54 339
42 163
After tax
93 977
90 281
78 161
90 337
Living cost
34 882
34 882
34 882
34 882
Free-cash
59 095
55 399
43 279
55 455

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48213
-₽11821
₽68147
₽7274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other
-
-
-
351
income
-
-
-
35 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
41 799
Employee
35 478
-
117 239
-
health
4 062
-
13 424
-
pensions
3 995
-
7 223
-
income
4 867
-
25 824
-
total
12 924
-
46 471
-
Employer
35 478
-
117 239
-
unemployment
869
-
2 873
-
accident
592
-
1 958
-
pensions
5 768
-
10 431
-
total
7 229
-
15 262
-
Corporate
89 792
132 500
-
-
income

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

80 813
119 250
-
-
total
80 813
119 250
-
-
Dividends
8 979
13 250
-
-
withholding
1 706
2 517
-
-
total
1 706
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
102 672
121 767
61 733
41 799
After tax
29 828
10 733
70 767
90 701
Living cost
22 554
22 554
22 554
22 554
Free-cash
7 274
-11 821
48 213
68 147

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽78006
₽98892
₽62092
₽94524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
132 500
unemployment
-
-
-
1 590
health insurance
-
-
-
9 805
income
-
-
-
21 363
pensions
-
-
-
24 380
work injury
-
-
-
663
total
-
-
-
57 801
Employee

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

20 172
-
132 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
21 363
-
total
7 565
-
41 887
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 328
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%.

1 123
1 325
-
-
total
1 123
1 325
-
-
Dividends
111 205
131 175
-
-
withholding
16 681
19 676
-
-
total
16 681
19 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 369
21 001
41 887
57 801
After tax
107 131
111 499
90 613
74 699
Living cost
12 607
12 607
12 607
12 607
Free-cash
94 524
98 892
78 006
62 092

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽20424
₽32634
₽26459
₽28390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
885
social contributions
-
-
-
34 078
national
-
-
-
30 919
regional
-
-
-
3 001
total
-
-
-
68 883
Employee
78 598
-
132 500
-
social contributions
26 503
-
44 679
-
national
13 282
-
26 858
-
regional
1 187
-
2 590
-
municipal
469
-
791
-
total
41 441
-
74 918
-
Employer
78 598
-
132 500
-
total
-
-
-
-
Corporate
53 902
132 500
-
-
municipal
2 598
6 386
-
-
nationa
12 937
31 800
-
-
total
15 535
38 186
-
-
Dividends
38 367
94 313
-
-
withholding
9 976
24 522
-
-
total
9 976
24 522
-
-
Income
132 500
132 500
132 500
132 500
Total tax
66 952
62 708
74 918
68 883
After tax
65 548
69 792
57 582
63 617
Living cost
37 158
37 158
37 158
37 158
Free-cash
28 390
32 634
20 424
26 459

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
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.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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