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
₽ 134500
per

Your estimated
City
free-cash

Dresden , Germany
₽37345
₽48505
₽44446
₽58240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
trade
-
-
-
13 794
income

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

-
-
-
36 779
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.

-
-
-
6 894
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.

-
-
-
2 022
total
-
-
-
59 489
Employee

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

38 597
-
134 500
-
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.

6 894
-
6 894
-
surtax

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

59
-
2 022
-
income

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

1 078
-
36 779
-
total
8 031
-
45 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 903
134 500
-
-
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.

791
1 109
-
-
income
14 385
20 174
-
-
trade
15 105
21 184
-
-
chamber of commerce
291
347
-
-
total
30 572
42 814
-
-
Dividends
65 330
91 687
-
-
surtax

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

877
1 239
-
-
withholding
15 950
22 537
-
-
total
16 827
23 776
-
-
Income
134 500
134 500
134 500
134 500
Total tax
55 430
66 590
45 695
59 489
After tax
79 070
67 910
88 805
75 011
Living cost
30 565
30 565
30 565
30 565
Free-cash
48 505
37 345
58 240
44 446

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32938
₽32089
₽29128
₽30183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
municipal
-
-
-
14 432
pensions
-
-
-
16 140
national
-
-
-
22 364
social contributions
-
-
-
1 446
total
-
-
-
54 382
Employee
79 044
-
116 274
-
municipal
9 763
-
14 953
-
pensions
3 162
-
4 651
-
national
15 129
-
23 171
-
total
28 054
-
42 775
-
Employer
79 044
-
116 274
-
social contributions
850
-
1 250
-
pensions
6 324
-
9 302
-
total
7 174
-
10 552
-
Corporate
43 066
134 500
-
-
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%.

8 613
26 900
-
-
total
8 613
26 900
-
-
Dividends
34 453
107 600
-
-
withholding
7 580
23 672
-
-
total
7 580
23 672
-
-
Income
134 500
134 500
134 500
134 500
Total tax
51 421
50 572
53 327
54 382
After tax
83 079
83 928
81 173
80 118
Living cost
50 990
50 990
50 990
50 990
Free-cash
32 089
32 938
30 183
29 128

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86606
₽78327
₽19651
₽54434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
microenterprise
-
-
-
-
income
-
-
-
20 894
surtax
-
-
-
34 297
social contributions

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

-
-
-
38 664
total
-
-
-
93 855
Employee
29 487
-
108 389
-
social contributions

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

3 244
-
11 923
-
surtax
-
-
-
-
income
5 249
-
21 038
-
total
8 493
-
32 961
-
Employer
29 487
-
108 389
-
social contributions

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

7 103
-
26 111
-
surtax
-
-
-
-
total
7 103
-
26 111
-
Corporate
97 910
134 500
-
-
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%.

19 583
26 900
-
-
total
19 583
26 900
-
-
Dividends

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

78 328
107 600
-
-
total
-
-
-
-
Income
134 500
134 500
134 500
134 500
Total tax
35 179
26 900
59 072
93 855
After tax
99 321
107 600
75 428
40 645
Living cost
20 994
20 994
20 994
20 994
Free-cash
78 327
86 606
54 434
19 651

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23673
₽17492
₽34992
₽35101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
32 968
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
57 235
Employee
86 174
86 174
115 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
38 372
-
Employer
86 174
86 174
115 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
34 293
33 235
-
-
income
6 858
6 647
-
-
total
6 858
6 647
-
-
Dividends
27 435
26 589
-
-
income
5 829
5 649
-
-
withholding
4 115
3 989
-
-
total
9 944
9 638
-
-
Income
134 500
134 500
134 500
134 500
Total tax
74 735
68 554
57 126
57 235
After tax
59 765
65 946
77 374
77 265
Living cost
42 273
42 273
42 273
42 273
Free-cash
17 492
23 673
35 101
34 992

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34448
₽33572
₽32218
₽31167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
municipal
-
-
-
32 726
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
5 813
total
-
-
-
63 293
Employee
55 556
-
107 651
-
municipal
16 567
-
32 102
-
national
-
-
5 394
-
total
16 567
-
37 496
-
Employer
55 556
-
107 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
61 488
134 500
-
-
income
13 527
29 590
-
-
total
13 527
29 590
-
-
Dividends
47 961
104 910
-
-
withholding
14 388
31 473
-
-
total
14 388
31 473
-
-
Income
134 500
134 500
134 500
134 500
Total tax
61 939
61 063
64 344
63 293
After tax
72 561
73 437
70 156
71 207
Living cost
38 989
38 989
38 989
38 989
Free-cash
33 572
34 448
31 167
32 218

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽27572
₽41754
₽34757
₽49163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
trade
-
-
-
14 406
income

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

-
-
-
36 779
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.

-
-
-
6 894
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.

-
-
-
2 022
total
-
-
-
60 101
Employee

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

51 174
-
134 500
-
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.

6 894
-
6 894
-
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.

241
-
2 022
-
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.

4 397
-
36 779
-
total
11 532
-
45 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 326
134 500
-
-
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.

687
1 109
-
-
income
12 499
20 174
-
-
trade
13 707
22 126
-
-
chamber of commerce
272
345
-
-
total
27 165
43 754
-
-
Dividends
56 160
90 746
-
-
surtax

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

751
1 228
-
-
withholding
13 656
22 304
-
-
total
14 407
23 532
-
-
Income
134 500
134 500
134 500
134 500
Total tax
53 104
67 286
45 695
60 101
After tax
81 396
67 214
88 805
74 399
Living cost
39 642
39 642
39 642
39 642
Free-cash
41 754
27 572
49 163
34 757

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65531
₽61343
₽61357
₽59957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
20 655
health
-
-
-
3 430
social contributions
-
-
-
16 327
total
-
-
-
40 412
Employee
77 596
77 596
123 529
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 101
-
income
8 148
7 183
20 054
-
total
12 691
14 942
30 841
-
Employer
77 596
77 596
123 529
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 285
-
total
4 612
7 876
10 971
-
Corporate
84 467
49 027
-
-
income
10 559
6 128
-
-
total
10 559
6 128
-
-
Dividends
73 908
42 900
-
-
withholding
12 564
7 292
-
-
total
12 564
7 292
-
-
Income
134 500
134 500
134 500
134 500
Total tax
40 426
36 238
41 812
40 412
After tax
94 074
98 262
92 688
94 088
Living cost
32 731
32 731
32 731
32 731
Free-cash
61 343
65 531
59 957
61 357

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57311
₽57691
₽74840
₽59635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
16 443
pensions
-
-
-
13 450
unemployment
-
-
-
2 017
health
-
-
-
9 415
total
-
-
-
41 325
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
112 552
-
health
1 853
737
7 879
-
income
3 236
1 288
13 760
-
pensions
2 647
1 053
11 255
-
unemployment
397
158
1 688
-
total
8 133
3 236
34 582
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
112 552
-
pensions
5 161
2 054
21 948
-
total
5 161
2 054
21 948
-
Corporate
102 872
121 913
-
-
income
9 259
10 972
-
-
total
9 259
10 972
-
-
Dividends
93 614
110 941
-
-
social contributions
18 134
21 513
-
-
withholding
17 787
21 079
-
-
total
35 921
42 592
-
-
Income
134 500
134 500
134 500
134 500
Total tax
58 474
58 854
56 530
41 325
After tax
76 026
75 646
77 970
93 175
Living cost
18 335
18 335
18 335
18 335
Free-cash
57 691
57 311
59 635
74 840

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83226
₽76955
₽47718
₽53149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
18 022
pensions
-
-
-
26 900
health
-
-
-
17 486
total
-
-
-
62 408
Employee
28 627
-
100 522
-
income
3 223
-
19 380
-
pensions
573
-
2 011
-
unemployment
458
-
1 609
-
total
4 254
-
23 000
-
Employer
28 627
-
100 522
-
unemployment
230
-
804
-
pensions
5 726
-
20 105
-
health
3 721
-
13 068
-
total
9 677
-
33 977
-
Corporate
96 197
134 500
-
-
income
19 240
26 900
-
-
total
19 240
26 900
-
-
Dividends
76 957
107 600
-
-
total
-
-
-
-
Income
134 500
134 500
134 500
134 500
Total tax
33 171
26 900
56 977
62 408
After tax
101 329
107 600
77 523
72 092
Living cost
24 374
24 374
24 374
24 374
Free-cash
76 955
83 226
53 149
47 718

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11177
₽7509
₽70026
₽49503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
accident
-
-
-
253
income
-
-
-
35 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
42 403
Employee
34 719
-
118 562
-
health
3 975
-
13 576
-
income
4 763
-
25 758
-
pensions
3 909
-
7 654
-
total
12 647
-
46 988
-
Employer
34 719
-
118 562
-
accident
580
-
1 980
-
unemployment
851
-
2 905
-
pensions
5 646
-
11 053
-
total
7 077
-
15 938
-
Corporate
92 706
134 500
-
-
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.

83 435
121 050
-
-
total
83 435
121 050
-
-
Dividends
9 271
13 450
-
-
withholding
1 761
2 556
-
-
total
1 761
2 556
-
-
Income
134 500
134 500
134 500
134 500
Total tax
104 920
123 606
62 926
42 403
After tax
29 580
10 894
71 574
92 097
Living cost
22 071
22 071
22 071
22 071
Free-cash
7 509
-11 177
49 503
70 026

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118696
₽116994
₽124076
₽98521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
134 500
microenterprise

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

-
-
-
1 345
total
-
-
-
1 345
Employee
11 349
-
134 500
-
income
2 269
-
26 900
-
total
2 269
-
26 900
-
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%.

123 151
134 500
-
-
total
-
-
-
-
Dividends
123 151
134 500
-
-
withholding
6 158
6 725
-
-
total
6 158
6 725
-
-
Income
134 500
134 500
134 500
134 500
Total tax
8 427
6 725
26 900
1 345
After tax
126 073
127 775
107 600
133 155
Living cost
9 079
9 079
9 079
9 079
Free-cash
116 994
118 696
98 521
124 076

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71929
₽65114
₽44817
₽50379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
18 210
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.

-
-
-
32 279
other
-
-
-
6 388
health
-
-
-
5 917
total
-
-
-
62 794
Employee
36 640
-
107 428
-
health
513
-
1 503
-
income
6 308
-
20 063
-
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.

2 564
-
7 520
-
unemployment
366
-
1 074
-
total
9 751
-
30 160
-
Employer
36 640
-
107 428
-
accident
293
-
860
-
other
1 833
-
5 372
-
unemployment
366
-
1 074
-
pensions

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

6 229
-
18 263
-
health
513
-
1 503
-
total
9 234
-
27 072
-
Corporate
88 626
134 500
-
-
income
18 612
28 244
-
-
total
18 612
28 244
-
-
Dividends
70 014
106 256
-
-
withholding
4 900
7 438
-
-
total
4 900
7 438
-
-
Income
134 500
134 500
134 500
134 500
Total tax
42 497
35 682
57 232
62 794
After tax
92 003
98 818
77 268
71 706
Living cost
26 889
26 889
26 889
26 889
Free-cash
65 114
71 929
50 379
44 817

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25050
₽19143
₽24763
₽12351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
33 781
pensions
-
-
-
8 234
total
-
-
-
42 015
Employee
95 816
-
117 897
-
health
1 579
-
1 880
-
income
17 272
-
25 501
-
pensions
9 244
-
10 448
-
total
28 095
-
37 829
-
Employer
95 816
-
117 897
-
pensions
11 313
-
14 359
-
health
1 820
-
2 239
-
total
13 133
-
16 598
-
Corporate
25 551
134 500
-
-
income

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

4 855
25 554
-
-
total
4 855
25 554
-
-
Dividends
20 696
108 946
-
-
withholding
1 552
16 174
-
-
total
1 552
16 174
-
-
Income
134 500
134 500
134 500
134 500
Total tax
47 635
41 728
54 427
42 015
After tax
86 865
92 772
80 073
92 485
Living cost
67 722
67 722
67 722
67 722
Free-cash
19 143
25 050
12 351
24 763

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101759
₽97068
₽91669
₽96475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
20 175
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 592
Employee
17 531
-
127 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
12 758
-
pensions

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

1 539
-
3 097
-
total
4 291
-
17 865
-
Employer
17 531
-
127 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
113 529
134 500
-
-
income
11 353
13 450
-
-
total
11 353
13 450
-
-
Dividends
102 177
121 050
-
-
withholding
5 109
6 052
-
-
total
5 109
6 052
-
-
Income
134 500
134 500
134 500
134 500
Total tax
24 193
19 502
24 786
29 592
After tax
110 307
114 998
109 714
104 908
Living cost
13 239
13 239
13 239
13 239
Free-cash
97 068
101 759
96 475
91 669

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9989
₽12529
₽21308
₽21417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
32 968
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
57 235
Employee
93 558
86 174
115 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
38 372
-
Employer
93 558
86 174
115 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
24 561
33 235
-
-
income
4 912
6 647
-
-
total
4 912
6 647
-
-
Dividends
19 650
26 589
-
-
income
4 175
5 649
-
-
withholding
2 947
3 989
-
-
total
7 122
9 638
-
-
Income
134 500
134 500
134 500
134 500
Total tax
66 014
68 554
57 126
57 235
After tax
68 486
65 946
77 374
77 265
Living cost
55 957
55 957
55 957
55 957
Free-cash
12 529
9 989
21 417
21 308

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68436
₽59814
₽45165
₽44087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
12 235
health
-
-
-
18 158
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
65 168
Employee
35 540
-
100 373
-
social contributions
2 310
-
6 524
-
health
4 798
-
13 550
-
solidarity contribution
-
-
-
-
income
4 265
-
12 045
-
total
11 373
-
32 119
-
Employer
35 540
-
100 373
-
social contributions
8 885
-
25 093
-
health
3 199
-
9 034
-
total
12 084
-
34 127
-
Corporate
86 877
134 500
-
-
income
16 507
25 555
-
-
total
16 507
25 555
-
-
Dividends
70 370
108 945
-
-
withholding
10 555
16 342
-
-
total
10 555
16 342
-
-
Income
134 500
134 500
134 500
134 500
Total tax
50 519
41 897
66 246
65 168
After tax
83 981
92 603
68 254
69 332
Living cost
24 167
24 167
24 167
24 167
Free-cash
59 814
68 436
44 087
45 165

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29180
₽23912
₽24066
₽17667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
municipal
-
-
-
799
regional
-
-
-
1 543
national
-
-
-
30 917
social contributions
-
-
-
34 594
total
-
-
-
67 853
Employee
89 684
-
134 500
-
social contributions
30 241
-
45 353
-
regional
846
-
1 358
-
municipal
475
-
712
-
national
15 540
-
26 829
-
total
47 102
-
74 252
-
Employer
89 684
-
134 500
-
total
-
-
-
-
Corporate
44 816
134 500
-
-
nationa
10 756
32 281
-
-
municipal
1 748
5 245
-
-
total
12 504
37 526
-
-
Dividends
32 311
96 974
-
-
withholding
8 401
25 213
-
-
total
8 401
25 213
-
-
Income
134 500
134 500
134 500
134 500
Total tax
68 007
62 739
74 252
67 853
After tax
66 493
71 761
60 248
66 647
Living cost
42 581
42 581
42 581
42 581
Free-cash
23 912
29 180
17 667
24 066

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62333
₽59190
₽41572
₽39346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
29 849
pensions
-
-
-
26 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 550
surtax
-
-
-
4 131
total
-
-
-
70 660
Employee
33 371
-
111 112
-
other
-
-
-
-
health
852
-
2 832
-
surtax
109
-
3 780
-
income
5 594
-
27 741
-
pensions
2 225
-
7 411
-
unemployment
2 323
-
7 733
-
total
11 103
-
49 497
-
Employer
33 371
-
111 112
-
other
-
-
-
-
unemployment
1 057
-
3 522
-
pensions
4 449
-
14 811
-
health
1 519
-
5 056
-
total
7 025
-
23 389
-
Corporate
94 105
134 500
-
-
income
24 468
34 970
-
-
total
24 468
34 970
-
-
Dividends
69 637
99 530
-
-
withholding
10 446
14 929
-
-
total
10 446
14 929
-
-
Income
134 500
134 500
134 500
134 500
Total tax
53 042
49 899
72 886
70 660
After tax
81 458
84 601
61 614
63 840
Living cost
22 268
22 268
22 268
22 268
Free-cash
59 190
62 333
39 346
41 572

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46506
₽46541
₽46219
₽33807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
33 781
pensions
-
-
-
8 234
total
-
-
-
42 015
Employee
64 213
-
117 897
-
health
932
-
1 880
-
income
11 565
-
25 501
-
pensions
5 450
-
10 448
-
total
17 947
-
37 829
-
Employer
64 213
-
117 897
-
pensions
6 951
-
14 359
-
health
1 220
-
2 239
-
total
8 171
-
16 598
-
Corporate
62 116
134 500
-
-
income

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

11 802
25 554
-
-
total
11 802
25 554
-
-
Dividends
50 314
108 946
-
-
withholding
3 773
16 174
-
-
total
3 773
16 174
-
-
Income
134 500
134 500
134 500
134 500
Total tax
41 693
41 728
54 427
42 015
After tax
92 807
92 772
80 073
92 485
Living cost
46 266
46 266
46 266
46 266
Free-cash
46 541
46 506
33 807
46 219

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14763
₽17870
₽34318
₽27776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
city
-
-
-
1 418
pensions
-
-
-
12 374
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.

-
-
-
2 689
regional
-
-
-
5 665
health
-
-
-
302
national
-
-
-
1 468
total
-
-
-
23 916
Employee
89 251
-
120 387
-
city
958
-
1 293
-
regional
2 923
-
4 840
-
health
202
-
270
-
pensions
7 498
-
10 111
-
unemployment
-
-
-
-
national
422
-
1 156
-
total
12 003
-
17 670
-
Employer
89 251
-
120 387
-
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.

1 784
-
2 407
-
unemployment
-
-
-
-
pensions
7 498
-
10 111
-
health
202
-
270
-
total
9 484
-
12 788
-
Corporate
34 783
134 500
-
-
regional
7 357
28 448
-
-
national
2 956
11 432
-
-
total
10 313
39 880
-
-
Dividends
24 470
94 621
-
-
withholding
8 564
33 117
-
-
total
8 564
33 117
-
-
Income
134 500
134 500
134 500
134 500
Total tax
40 364
72 997
30 458
23 916
After tax
94 136
61 503
104 042
110 584
Living cost
76 266
76 266
76 266
76 266
Free-cash
17 870
-14 763
27 776
34 318

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20298
₽36659
₽27556
₽42577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
trade
-
-
-
15 021
income

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

-
-
-
36 779
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.

-
-
-
6 894
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.

-
-
-
2 022
total
-
-
-
60 716
Employee

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

60 646
-
134 500
-
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.

6 894
-
6 894
-
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.

393
-
2 022
-
income

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

7 131
-
36 779
-
total
14 418
-
45 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 854
134 500
-
-
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.

609
1 109
-
-
income
11 078
20 174
-
-
trade
12 666
23 066
-
-
chamber of commerce
257
343
-
-
total
24 610
44 692
-
-
Dividends
49 244
89 808
-
-
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.

657
1 214
-
-
withholding
11 928
22 068
-
-
total
12 585
23 282
-
-
Income
134 500
134 500
134 500
134 500
Total tax
51 613
67 974
45 695
60 716
After tax
82 887
66 526
88 805
73 784
Living cost
46 228
46 228
46 228
46 228
Free-cash
36 659
20 298
42 577
27 556

Estimated living cost  is ₽46228 per week

₽33763
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33262
₽39224
₽41970
₽44237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
17 562
pensions
-
-
-
28 105
other
-
-
-
4 169
health
-
-
-
4 337
surtax
-
-
-
-
social contributions
-
-
-
3 832
total
-
-
-
58 005
Employee
43 189
-
106 637
-
social contributions
1 231
-
3 039
-
surtax
-
-
-
-
income
2 549
-
18 473
-
pensions
4 883
-
6 362
-
total
8 663
-
27 874
-
Employer
43 189
-
106 637
-
other
1 490
-
3 710
-
social contributions
130
-
320
-
unemployment
1 748
-
4 318
-
pensions
7 095
-
10 897
-
health
3 024
-
8 619
-
total
13 487
-
27 864
-
Corporate
77 824
134 500
-
-
surtax
-
-
-
-
income
21 791
37 660
-
-
total
21 791
37 660
-
-
Dividends
56 033
96 840
-
-
surtax
-
-
-
-
social contributions
9 638
16 657
-
-
withholding
7 172
12 396
-
-
total
16 810
29 053
-
-
Income
134 500
134 500
134 500
134 500
Total tax
60 751
66 713
55 738
58 005
After tax
73 749
67 787
78 762
76 495
Living cost
34 525
34 525
34 525
34 525
Free-cash
39 224
33 262
44 237
41 970

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36682
₽42289
₽45390
₽47657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
17 562
pensions
-
-
-
28 105
other
-
-
-
4 169
health
-
-
-
4 337
surtax
-
-
-
-
social contributions
-
-
-
3 832
total
-
-
-
58 005
Employee
38 552
-
106 637
-
social contributions
1 099
-
3 039
-
surtax
-
-
-
-
income
1 988
-
18 473
-
pensions
4 360
-
6 362
-
total
7 447
-
27 874
-
Employer
38 552
-
106 637
-
other
1 331
-
3 710
-
social contributions
115
-
320
-
unemployment
1 561
-
4 318
-
pensions
6 335
-
10 897
-
health
2 698
-
8 619
-
total
12 040
-
27 864
-
Corporate
83 909
134 500
-
-
surtax
-
-
-
-
income
23 495
37 660
-
-
total
23 495
37 660
-
-
Dividends
60 414
96 840
-
-
surtax
-
-
-
-
social contributions
10 391
16 657
-
-
withholding
7 733
12 396
-
-
total
18 124
29 053
-
-
Income
134 500
134 500
134 500
134 500
Total tax
61 106
66 713
55 738
58 005
After tax
73 394
67 787
78 762
76 495
Living cost
31 105
31 105
31 105
31 105
Free-cash
42 289
36 682
47 657
45 390

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60659
₽61181
₽64981
₽63477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
20 174
health
-
-
-
9 387
social contributions
-
-
-
18 560
total
-
-
-
48 121
Employee
34 215
-
134 500
-
social contributions
4 722
-
18 560
-
health
2 388
-
9 387
-
income
5 707
-
21 678
-
total
12 817
-
49 625
-
Employer
34 215
-
134 500
-
total
-
-
-
-
Corporate
100 285
134 500
-
-
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%.

5 013
6 725
-
-
total
5 013
6 725
-
-
Dividends
95 272
127 775
-
-
health
6 651
8 918
-
-
social contributions
13 148
17 633
-
-
withholding
14 292
19 167
-
-
total
34 091
45 718
-
-
Income
134 500
134 500
134 500
134 500
Total tax
51 921
52 443
49 625
48 121
After tax
82 579
82 057
84 875
86 379
Living cost
21 398
21 398
21 398
21 398
Free-cash
61 181
60 659
63 477
64 981

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39277
₽37713
₽32311
₽927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
chamber of commerce
-
-
-
538
income
-
-
-
28 878
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
66 632
Employee
50 431
40 215
104 283
-
other
504
402
1 044
-
health
1 951
1 557
4 035
-
income
5 741
2 966
23 803
-
pensions
5 165
4 117
10 678
-
unemployment
1 513
1 206
3 129
-
total
14 874
10 248
42 689
-
Employer
50 431
40 215
104 283
-
accident
655
523
1 356
-
other
2 396
1 909
4 954
-
chamber of commerce
201
161
417
-
unemployment
1 513
1 206
3 129
-
surtax
199
199
199
-
pensions
6 329
5 048
13 087
-
payroll
1 513
1 206
3 129
-
health
1 905
1 520
3 941
-
total
14 711
11 772
30 212
-
Corporate
69 358
82 512
100 457
-
income

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

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

17 340
20 628
25 115
-
total
17 340
20 628
25 115
-
Dividends
52 018
61 884
-
-
withholding
14 305
17 018
-
-
total
14 305
17 018
-
-
Income
134 500
134 500
134 500
134 500
Total tax
61 230
59 666
98 016
66 632
After tax
73 270
74 834
36 484
67 868
Living cost
35 557
35 557
35 557
35 557
Free-cash
37 713
39 277
927
32 311

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38518
₽23383
₽22952
₽12977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
national
-
-
-
46 699
communal

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

-
-
-
6 794
social contributions
-
-
-
21 261
total
-
-
-
74 754
Employee

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

72 183
-
104 174
-
communal

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

3 765
-
5 433
-
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.

3 391
-
4 897
-
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.

5 414
-
7 813
-
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.

628
-
906
-
national
22 192
-
35 358
-
total
35 390
-
54 407
-
Employer

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

72 183
-
104 174
-
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.

938
-
1 354
-
unemployment

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

1 053
-
1 520
-
surtax
8 185
-
11 812
-
pensions

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

6 396
-
9 230
-
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.

4 439
-
6 406
-
total
21 011
-
30 322
-
Corporate
41 306
134 500
-
-
surtax
165
538
-
-
income
8 261
26 900
-
-
total
8 426
27 438
-
-
Dividends
32 880
107 062
-
-
withholding

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

9 496
31 750
-
-
total
9 496
31 750
-
-
Income
134 500
134 500
134 500
134 500
Total tax
74 323
59 188
84 729
74 754
After tax
60 177
75 312
49 771
59 746
Living cost
36 794
36 794
36 794
36 794
Free-cash
23 383
38 518
12 977
22 952

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53733
₽46066
₽38844
₽33994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
accident
-
-
-
843
income
-
-
-
31 152
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 213
Employee
50 231
-
104 682
-
other
50
-
94
-
income
10 598
-
28 303
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
34 244
-
Employer
50 231
-
104 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
68 258
134 500
-
-
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.

10 239
20 174
-
-
total
10 239
20 174
-
-
Dividends
58 018
114 326
-
-
withholding
11 953
24 150
-
-
total
11 953
24 150
-
-
Income
134 500
134 500
134 500
134 500
Total tax
51 991
44 324
64 063
59 213
After tax
82 509
90 176
70 437
75 287
Living cost
36 443
36 443
36 443
36 443
Free-cash
46 066
53 733
33 994
38 844

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽25957
₽15564
₽16501
₽21864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
accident
-
-
-
1 134
income
-
-
-
17 248
pensions
-
-
-
20 159
health
-
-
-
9 450
surtax
-
-
-
6 668
communal
-
-
-
8 501
total
-
-
-
63 160
Employee
76 419
-
120 141
-
health
3 401
-
5 347
-
surtax
4 684
-
7 363
-
income
7 381
-
21 118
-
pensions
6 113
-
9 611
-
total
21 579
-
43 439
-
Employer
76 419
-
120 141
-
accident
687
-
1 082
-
pensions
6 113
-
9 611
-
health
2 331
-
3 665
-
total
9 131
-
14 358
-
Corporate
48 950
134 500
-
-
surtax
513
1 411
-
-
communal
3 303
9 079
-
-
income
7 342
20 174
-
-
total
11 158
30 664
-
-
Dividends
37 791
103 835
-
-
income
16 561
7 465
-
-
withholding
5 668
15 575
-
-
total
22 229
23 040
-
-
Income
134 500
134 500
134 500
134 500
Total tax
64 097
53 704
57 797
63 160
After tax
70 403
80 796
76 703
71 340
Living cost
54 839
54 839
54 839
54 839
Free-cash
15 564
25 957
21 864
16 501

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61935
₽58725
₽41174
₽38948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
29 849
pensions
-
-
-
26 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 550
surtax
-
-
-
4 131
total
-
-
-
70 660
Employee
33 983
-
111 112
-
other
-
-
-
-
health
867
-
2 832
-
surtax
121
-
3 780
-
income
5 697
-
27 741
-
pensions
2 267
-
7 411
-
unemployment
2 365
-
7 733
-
total
11 317
-
49 497
-
Employer
33 983
-
111 112
-
other
-
-
-
-
unemployment
1 078
-
3 522
-
pensions
4 531
-
14 811
-
health
1 545
-
5 056
-
total
7 154
-
23 389
-
Corporate
93 362
134 500
-
-
income
24 274
34 970
-
-
total
24 274
34 970
-
-
Dividends
69 088
99 530
-
-
withholding
10 364
14 929
-
-
total
10 364
14 929
-
-
Income
134 500
134 500
134 500
134 500
Total tax
53 109
49 899
72 886
70 660
After tax
81 391
84 601
61 614
63 840
Living cost
22 666
22 666
22 666
22 666
Free-cash
58 725
61 935
38 948
41 174

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43512
₽41272
₽38978
₽32613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
municipal
-
-
-
799
regional
-
-
-
2 029
national
-
-
-
30 917
social contributions
-
-
-
34 594
total
-
-
-
68 339
Employee
55 977
-
134 500
-
social contributions
18 876
-
45 353
-
regional
754
-
1 810
-
municipal
297
-
712
-
national
8 868
-
26 829
-
total
28 795
-
74 704
-
Employer
55 977
-
134 500
-
total
-
-
-
-
Corporate
78 523
134 500
-
-
nationa
18 845
32 281
-
-
municipal
3 903
6 685
-
-
total
22 748
38 966
-
-
Dividends
55 775
95 534
-
-
withholding
14 502
24 839
-
-
total
14 502
24 839
-
-
Income
134 500
134 500
134 500
134 500
Total tax
66 045
63 805
74 704
68 339
After tax
68 455
70 695
59 796
66 161
Living cost
27 183
27 183
27 183
27 183
Free-cash
41 272
43 512
32 613
38 978

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62823
₽52199
₽39552
₽38474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
12 235
health
-
-
-
18 158
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
65 168
Employee
43 794
-
100 373
-
social contributions
2 847
-
6 524
-
health
5 912
-
13 550
-
solidarity contribution
-
-
-
-
income
5 255
-
12 045
-
total
14 014
-
32 119
-
Employer
43 794
-
100 373
-
social contributions
10 949
-
25 093
-
health
3 941
-
9 034
-
total
14 890
-
34 127
-
Corporate
75 816
134 500
-
-
income
14 405
25 555
-
-
total
14 405
25 555
-
-
Dividends
61 411
108 945
-
-
withholding
9 212
16 342
-
-
total
9 212
16 342
-
-
Income
134 500
134 500
134 500
134 500
Total tax
52 521
41 897
66 246
65 168
After tax
81 979
92 603
68 254
69 332
Living cost
29 780
29 780
29 780
29 780
Free-cash
52 199
62 823
38 474
39 552

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42748
₽42247
₽35873
₽4321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
chamber of commerce
-
-
-
538
income
-
-
-
28 878
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
66 433
Employee
44 111
40 215
104 440
-
other
440
402
1 044
-
health
1 706
1 557
4 043
-
income
3 930
2 966
23 857
-
pensions
4 517
4 117
10 695
-
unemployment
1 323
1 206
3 133
-
total
11 916
10 248
42 772
-
Employer
44 111
40 215
104 440
-
accident
573
523
1 358
-
other
2 095
1 909
4 962
-
chamber of commerce
176
161
417
-
unemployment
1 323
1 206
3 133
-
surtax
-
-
-
-
pensions
5 536
5 048
13 108
-
payroll
1 323
1 206
3 133
-
health
1 668
1 520
3 949
-
total
12 694
11 573
30 060
-
Corporate
77 694
82 711
100 610
-
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.

19 424
20 678
25 153
-
total
19 424
20 678
25 153
-
Dividends
58 270
62 033
-
-
withholding
16 025
17 059
-
-
total
16 025
17 059
-
-
Income
134 500
134 500
134 500
134 500
Total tax
60 059
59 558
97 985
66 433
After tax
74 441
74 942
36 515
68 067
Living cost
32 194
32 194
32 194
32 194
Free-cash
42 247
42 748
4 321
35 873

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113626
₽110973
₽119006
₽93451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
134 500
microenterprise

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

-
-
-
1 345
total
-
-
-
1 345
Employee
17 686
-
134 500
-
income
3 537
-
26 900
-
total
3 537
-
26 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

116 814
134 500
-
-
total
-
-
-
-
Dividends
116 814
134 500
-
-
withholding
5 841
6 725
-
-
total
5 841
6 725
-
-
Income
134 500
134 500
134 500
134 500
Total tax
9 378
6 725
26 900
1 345
After tax
125 122
127 775
107 600
133 155
Living cost
14 149
14 149
14 149
14 149
Free-cash
110 973
113 626
93 451
119 006

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65535
₽57094
₽40819
₽37194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
income
-
-
-
28 615
pensions
-
-
-
24 564
unemployment
-
-
-
201
health
-
-
-
13 234
total
-
-
-
66 614
Employee

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

44 623
-
116 380
-
health
2 882
-
7 518
-
income
7 695
-
26 399
-
pensions
6 917
-
18 039
-
unemployment
63
-
163
-
total
17 557
-
52 119
-
Employer

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

44 623
-
116 380
-
unemployment
27
-
69
-
pensions
3 949
-
10 299
-
health
2 972
-
7 752
-
total
6 948
-
18 120
-
Corporate
82 929
134 500
-
-
income
15 757
25 556
-
-
total
15 757
25 556
-
-
Dividends
67 173
108 944
-
-
withholding
10 077
16 342
-
-
total
10 077
16 342
-
-
Income
134 500
134 500
134 500
134 500
Total tax
50 339
41 898
70 239
66 614
After tax
84 161
92 602
64 261
67 886
Living cost
27 067
27 067
27 067
27 067
Free-cash
57 094
65 535
37 194
40 819

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38265
-₽16043
₽49385
₽77652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
26 217
social contributions
-
-
-
15 333
total
-
-
-
41 550
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
134 500
-
-
income
-
29 590
-
-
total
-
29 590
-
-
Dividends
-
104 910
-
-
income
-
23 080
-
-
total
-
23 080
-
-
Income
134 500
134 500
134 500
134 500
Total tax
106 978
52 670
13 283
41 550
After tax
27 522
81 830
121 217
92 950
Living cost
43 565
43 565
43 565
43 565
Free-cash
-16 043
38 265
77 652
49 385

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44852
₽43834
₽41838
₽32959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
income
-
-
-
14 270
surtax
-
-
-
-
social contributions

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

-
-
-
46 739
total
-
-
-
61 009
Employee
46 411
-
108 686
-
social contributions
5 105
-
11 955
-
surtax
-
-
-
-
income
9 654
-
32 121
-
total
14 759
-
44 076
-
Employer
46 411
-
108 686
-
social contributions
11 023
-
25 812
-
total
11 023
-
25 812
-
Corporate
77 066
134 500
-
-
surtax
-
-
-
-
income
16 184
28 244
-
-
total
16 184
28 244
-
-
Dividends
60 882
106 256
-
-
withholding
17 047
29 751
-
-
total
17 047
29 751
-
-
Income
134 500
134 500
134 500
134 500
Total tax
59 013
57 995
69 888
61 009
After tax
75 487
76 505
64 612
73 491
Living cost
31 653
31 653
31 653
31 653
Free-cash
43 834
44 852
32 959
41 838

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19048
₽25986
₽27756
₽30023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
17 562
pensions
-
-
-
28 105
other
-
-
-
4 169
health
-
-
-
4 337
surtax
-
-
-
-
social contributions
-
-
-
3 832
total
-
-
-
58 005
Employee
63 203
-
106 637
-
social contributions
1 800
-
3 039
-
surtax
-
-
-
-
income
5 515
-
18 473
-
pensions
7 149
-
6 362
-
total
14 464
-
27 874
-
Employer
63 203
-
106 637
-
other
2 181
-
3 710
-
social contributions
190
-
320
-
unemployment
2 560
-
4 318
-
pensions
10 385
-
10 897
-
health
4 424
-
8 619
-
total
19 740
-
27 864
-
Corporate
51 557
134 500
-
-
surtax
-
-
-
-
income
14 435
37 660
-
-
total
14 435
37 660
-
-
Dividends
37 122
96 840
-
-
surtax
-
-
-
-
social contributions
6 385
16 657
-
-
withholding
4 751
12 396
-
-
total
11 136
29 053
-
-
Income
134 500
134 500
134 500
134 500
Total tax
59 775
66 713
55 738
58 005
After tax
74 725
67 787
78 762
76 495
Living cost
48 739
48 739
48 739
48 739
Free-cash
25 986
19 048
30 023
27 756

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90715
₽87326
₽70214
₽73786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
4 362
social contributions
-
-
-
29 590
total
-
-
-
33 952
Employee
32 442
-
116 449
-
income
-
-
4 761
-
social contributions
2 108
-
7 568
-
total
2 108
-
12 329
-
Employer
32 442
-
116 449
-
social contributions
5 029
-
18 051
-
total
5 029
-
18 051
-
Corporate
97 029
134 500
-
-
income
9 703
13 451
-
-
total
9 703
13 451
-
-
Dividends
87 326
121 049
-
-
total
-
-
-
-
Income
134 500
134 500
134 500
134 500
Total tax
16 840
13 451
30 380
33 952
After tax
117 660
121 049
104 120
100 548
Living cost
30 334
30 334
30 334
30 334
Free-cash
87 326
90 715
73 786
70 214

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽85458
-₽85458
₽33209
-₽85458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
municipal
-
-
-
26 730
pensions
-
-
-
875
national
-
-
-
14 376
labour market
-
-
-
10 690
total
-
-
-
52 671
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
134 500
134 500
134 500
134 500
Total tax
171 338
171 338
171 338
52 671
After tax
-36 838
-36 838
-36 838
81 829
Living cost
48 620
48 620
48 620
48 620
Free-cash
-85 458
-85 458
-85 458
33 209

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10851
₽7560
₽70352
₽49829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
accident
-
-
-
253
income
-
-
-
35 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
42 403
Employee
34 207
-
118 562
-
health
3 917
-
13 576
-
income
4 693
-
25 758
-
pensions
3 852
-
7 654
-
total
12 462
-
46 988
-
Employer
34 207
-
118 562
-
accident
571
-
1 980
-
unemployment
838
-
2 905
-
pensions
5 562
-
11 053
-
total
6 971
-
15 938
-
Corporate
93 322
134 500
-
-
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.

83 989
121 050
-
-
total
83 989
121 050
-
-
Dividends
9 332
13 450
-
-
withholding
1 773
2 556
-
-
total
1 773
2 556
-
-
Income
134 500
134 500
134 500
134 500
Total tax
105 195
123 606
62 926
42 403
After tax
29 305
10 894
71 574
92 097
Living cost
21 745
21 745
21 745
21 745
Free-cash
7 560
-10 851
49 829
70 352

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48122
₽48854
₽53006
₽34564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
134 500
municipal
-
-
-
23 912
health
-
-
-
1 651
national
-
-
-
17 188
total
-
-
-
42 751
Employee
53 092
-
113 148
-
health
396
-
1 321
-
municipal
8 696
-
18 449
-
pensions
3 583
-
7 637
-
unemployment
797
-
1 697
-
national
877
-
10 739
-
total
14 349
-
39 843
-
Employer
53 092
-
113 148
-
accident
54
-
113
-
unemployment
345
-
735
-
pensions
9 211
-
19 631
-
health
408
-
871
-
total
10 018
-
21 350
-
Corporate
71 391
134 500
-
-
income
14 278
26 900
-
-
total
14 278
26 900
-
-
Dividends

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

42 835
80 700
-
-
national
548
6 210
-
-
municipal
7 710
14 525
-
-
total
8 258
20 735
-
-
Income
134 500
134 500
134 500
134 500
Total tax
46 903
47 635
61 193
42 751
After tax
87 597
86 865
73 307
91 749
Living cost
38 743
38 743
38 743
38 743
Free-cash
48 854
48 122
34 564
53 006

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74898
₽69404
₽70724
₽69324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
20 655
health
-
-
-
3 430
social contributions
-
-
-
16 327
total
-
-
-
40 412
Employee
77 596
77 596
123 529
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 101
-
income
8 449
7 183
20 054
-
total
11 984
14 942
30 841
-
Employer
77 596
77 596
123 529
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 285
-
total
3 587
7 876
10 971
-
Corporate
95 565
49 027
-
-
income
11 946
6 128
-
-
total
11 946
6 128
-
-
Dividends
83 620
42 900
-
-
withholding
14 215
7 292
-
-
total
14 215
7 292
-
-
Income
134 500
134 500
134 500
134 500
Total tax
41 732
36 238
41 812
40 412
After tax
92 768
98 262
92 688
94 088
Living cost
23 364
23 364
23 364
23 364
Free-cash
69 404
74 898
69 324
70 724

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95358
₽90221
₽95051
₽74810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134 500
income
-
-
-
13 327
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
23 427
Employee

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

23 163
-
124 638
-
health
1 969
-
8 139
-
income
1 584
-
10 826
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
33 806
-
Employer

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

23 163
-
124 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
108 953
134 500
-
-
income
9 807
12 105
-
-
total
9 807
12 105
-
-
Dividends
99 147
122 395
-
-
withholding
8 924
11 015
-
-
total
8 924
11 015
-
-
Income
134 500
134 500
134 500
134 500
Total tax
28 257
23 120
43 668
23 427
After tax
106 243
111 380
90 832
111 073
Living cost
16 022
16 022
16 022
16 022
Free-cash
90 221
95 358
74 810
95 051

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62426
₽57504
₽47537
₽42687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
accident
-
-
-
843
income
-
-
-
31 152
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 213
Employee
37 313
-
104 682
-
other
36
-
94
-
income
7 194
-
28 303
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
34 244
-
Employer
37 313
-
104 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
85 291
134 500
-
-
income

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

12 794
20 174
-
-
total
12 794
20 174
-
-
Dividends
72 497
114 326
-
-
withholding
14 994
24 150
-
-
total
14 994
24 150
-
-
Income
134 500
134 500
134 500
134 500
Total tax
49 246
44 324
64 063
59 213
After tax
85 254
90 176
70 437
75 287
Living cost
27 750
27 750
27 750
27 750
Free-cash
57 504
62 426
42 687
47 537

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81172
₽80718
₽83050
₽82853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
45 226
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
48 694
Employee
4 198
-
132 238
-
health
210
-
503
-
income
812
-
45 120
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
46 629
-
Employer
4 198
-
132 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
129 358
134 500
-
-
income
28 459
29 590
-
-
total
28 459
29 590
-
-
Dividends
100 899
104 910
-
-
withholding
20 180
20 982
-
-
total
20 180
20 982
-
-
Income
134 500
134 500
134 500
134 500
Total tax
51 026
50 572
48 891
48 694
After tax
83 474
83 928
85 609
85 806
Living cost
2 756
2 756
2 756
2 756
Free-cash
80 718
81 172
82 853
83 050

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79723
₽74759
₽59445
₽59446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
income
-
-
-
29 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
57 602
Employee

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

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

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

26 319
-
121 149
-
health
1 355
-
3 841
-
income
3 628
-
29 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
44 251
-
Employer

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

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

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

26 319
-
121 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
103 470
134 500
-
-
income
15 521
20 175
-
-
total
15 521
20 175
-
-
Dividends
87 950
114 325
-
-
withholding
13 192
17 149
-
-
total
13 192
17 149
-
-
Income
134 500
134 500
134 500
134 500
Total tax
42 288
37 324
57 601
57 602
After tax
92 212
97 176
76 899
76 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
74 759
79 723
59 446
59 445

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49300
₽48935
₽46286
₽37407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
income
-
-
-
14 270
surtax
-
-
-
-
social contributions

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

-
-
-
46 739
total
-
-
-
61 009
Employee
39 166
-
108 686
-
social contributions
4 309
-
11 955
-
surtax
-
-
-
-
income
7 653
-
32 121
-
total
11 962
-
44 076
-
Employer
39 166
-
108 686
-
social contributions
9 301
-
25 812
-
total
9 301
-
25 812
-
Corporate
86 033
134 500
-
-
surtax
-
-
-
-
income
18 066
28 244
-
-
total
18 066
28 244
-
-
Dividends
67 967
106 256
-
-
withholding
19 031
29 751
-
-
total
19 031
29 751
-
-
Income
134 500
134 500
134 500
134 500
Total tax
58 360
57 995
69 888
61 009
After tax
76 140
76 505
64 612
73 491
Living cost
27 205
27 205
27 205
27 205
Free-cash
48 935
49 300
37 407
46 286

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54711
₽47385
₽39822
₽34972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
accident
-
-
-
843
income
-
-
-
31 152
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 213
Employee
48 736
-
104 682
-
other
48
-
94
-
income
10 179
-
28 303
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
34 244
-
Employer
48 736
-
104 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
70 226
134 500
-
-
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.

10 534
20 174
-
-
total
10 534
20 174
-
-
Dividends
59 692
114 326
-
-
withholding
12 306
24 150
-
-
total
12 306
24 150
-
-
Income
134 500
134 500
134 500
134 500
Total tax
51 650
44 324
64 063
59 213
After tax
82 850
90 176
70 437
75 287
Living cost
35 465
35 465
35 465
35 465
Free-cash
47 385
54 711
34 972
39 822

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97627
₽91472
₽87537
₽92343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
20 175
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 592
Employee
23 001
-
127 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
12 758
-
pensions

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

2 019
-
3 097
-
total
5 630
-
17 865
-
Employer
23 001
-
127 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
106 986
134 500
-
-
income
10 699
13 450
-
-
total
10 699
13 450
-
-
Dividends
96 287
121 050
-
-
withholding
4 815
6 052
-
-
total
4 815
6 052
-
-
Income
134 500
134 500
134 500
134 500
Total tax
25 657
19 502
24 786
29 592
After tax
108 843
114 998
109 714
104 908
Living cost
17 371
17 371
17 371
17 371
Free-cash
91 472
97 627
92 343
87 537

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30332
₽43533
₽37278
₽49846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
trade
-
-
-
12 568
income

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

-
-
-
36 779
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.

-
-
-
6 894
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.

-
-
-
2 022
total
-
-
-
58 263
Employee

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

50 210
-
134 500
-
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.

6 894
-
6 894
-
surtax

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

228
-
2 022
-
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.

4 129
-
36 779
-
total
11 251
-
45 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 290
134 500
-
-
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.

695
1 109
-
-
income
12 643
20 174
-
-
trade
12 095
19 301
-
-
chamber of commerce
278
350
-
-
total
25 711
40 934
-
-
Dividends
58 580
93 565
-
-
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.

785
1 266
-
-
withholding
14 261
23 009
-
-
total
15 046
24 275
-
-
Income
134 500
134 500
134 500
134 500
Total tax
52 008
65 209
45 695
58 263
After tax
82 492
69 291
88 805
76 237
Living cost
38 959
38 959
38 959
38 959
Free-cash
43 533
30 332
49 846
37 278

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36667
₽38893
₽18459
₽18459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
37 120
social contributions
-
-
-
21 437
total
-
-
-
58 557
Employee
78 935
-
134 500
-
income
14 895
-
37 120
-
social contributions
6 558
-
21 437
-
total
21 453
-
58 557
-
Employer
78 935
-
134 500
-
total
-
-
-
-
Corporate
55 565
134 500
-
-
income
6 946
16 812
-
-
total
6 946
16 812
-
-
Dividends
48 619
117 688
-
-
withholding
9 724
23 537
-
-
total
9 724
23 537
-
-
Income
134 500
134 500
134 500
134 500
Total tax
38 123
40 349
58 557
58 557
After tax
96 377
94 151
75 943
75 943
Living cost
57 484
57 484
57 484
57 484
Free-cash
38 893
36 667
18 459
18 459

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45464
₽48989
₽62403
₽61639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
129 858
-
income
5 023
-
26 946
-
social contributions
4 638
-
4 642
-
total
9 661
-
31 588
-
Employer
46 292
-
129 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
83 570
134 500
-
-
income
29 250
47 074
-
-
total
29 250
47 074
-
-
Dividends
54 320
87 426
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
134 500
134 500
134 500
134 500
Total tax
48 880
52 405
36 230
35 466
After tax
85 620
82 095
98 270
99 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
48 989
45 464
61 639
62 403

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55159
₽57446
₽54872
₽42460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
income
-
-
-
33 781
pensions
-
-
-
8 234
total
-
-
-
42 015
Employee
51 629
-
117 897
-
health
673
-
1 880
-
income
9 402
-
25 501
-
pensions
3 941
-
10 448
-
total
14 016
-
37 829
-
Employer
51 629
-
117 897
-
pensions
5 216
-
14 359
-
health
981
-
2 239
-
total
6 197
-
16 598
-
Corporate
76 674
134 500
-
-
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.

14 569
25 554
-
-
total
14 569
25 554
-
-
Dividends
62 105
108 946
-
-
withholding
4 659
16 174
-
-
total
4 659
16 174
-
-
Income
134 500
134 500
134 500
134 500
Total tax
39 441
41 728
54 427
42 015
After tax
95 059
92 772
80 073
92 485
Living cost
37 613
37 613
37 613
37 613
Free-cash
57 446
55 159
42 460
54 872

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13004
₽7230
₽68199
₽47676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
accident
-
-
-
253
income
-
-
-
35 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
42 403
Employee
37 593
-
118 562
-
health
4 304
-
13 576
-
income
5 157
-
25 758
-
pensions
4 233
-
7 654
-
total
13 694
-
46 988
-
Employer
37 593
-
118 562
-
accident
628
-
1 980
-
unemployment
921
-
2 905
-
pensions
6 112
-
11 053
-
total
7 661
-
15 938
-
Corporate
89 246
134 500
-
-
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.

80 321
121 050
-
-
total
80 321
121 050
-
-
Dividends
8 925
13 450
-
-
withholding
1 696
2 556
-
-
total
1 696
2 556
-
-
Income
134 500
134 500
134 500
134 500
Total tax
103 372
123 606
62 926
42 403
After tax
31 128
10 894
71 574
92 097
Living cost
23 898
23 898
23 898
23 898
Free-cash
7 230
-13 004
47 676
68 199

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99551
₽94829
₽62360
₽77158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
134 500
work injury
-
-
-
673
health insurance
-
-
-
9 953
income
-
-
-
21 521
pensions
-
-
-
24 748
unemployment
-
-
-
1 614
total
-
-
-
58 509
Employee

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

21 810
-
134 500
-
work injury
109
-
403
-
income
2 181
-
21 521
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
43 711
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 690
134 500
-
-
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%.

1 127
1 345
-
-
total
1 127
1 345
-
-
Dividends
111 563
133 155
-
-
withholding
16 734
19 973
-
-
total
16 734
19 973
-
-
Income
134 500
134 500
134 500
134 500
Total tax
26 040
21 318
43 711
58 509
After tax
108 460
113 182
90 789
75 991
Living cost
13 631
13 631
13 631
13 631
Free-cash
94 829
99 551
77 158
62 360

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽30645
₽26054
₽24892
₽18742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
134 500
municipal
-
-
-
900
regional
-
-
-
2 996
national
-
-
-
30 917
social contributions
-
-
-
34 594
total
-
-
-
69 407
Employee
85 034
-
134 500
-
social contributions
28 673
-
45 353
-
regional
1 284
-
2 573
-
municipal
507
-
802
-
national
14 370
-
26 829
-
total
44 834
-
75 557
-
Employer
85 034
-
134 500
-
total
-
-
-
-
Corporate
49 466
134 500
-
-
nationa
11 871
32 281
-
-
municipal
2 384
6 482
-
-
total
14 255
38 763
-
-
Dividends
35 210
95 737
-
-
withholding
9 156
24 891
-
-
total
9 156
24 891
-
-
Income
134 500
134 500
134 500
134 500
Total tax
68 245
63 654
75 557
69 407
After tax
66 255
70 846
58 943
65 093
Living cost
40 201
40 201
40 201
40 201
Free-cash
26 054
30 645
18 742
24 892

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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