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
₽ 136500
per

Your estimated
City
free-cash

Dresden , Germany
₽59953
₽39439
₽45577
₽50199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
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.

-
-
-
6 645
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.

-
-
-
38 331
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.

-
-
-
2 108
trade
-
-
-
14 376
total
-
-
-
61 460
Employee

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

37 205
-
136 500
-
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.

57
-
2 108
-
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.

1 039
-
38 331
-
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.

6 645
-
6 645
-
total
7 741
-
47 084
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 295
136 500
-
-
chamber of commerce
290
343
-
-
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.

820
1 126
-
-
trade
15 639
21 500
-
-
income
14 895
20 475
-
-
total
31 644
43 444
-
-
Dividends
67 652
93 056
-
-
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.

910
1 259
-
-
withholding
16 543
22 895
-
-
total
17 453
24 154
-
-
Income
136 500
136 500
136 500
136 500
Total tax
56 838
67 598
47 084
61 460
After tax
79 662
68 902
89 416
75 040
Living cost
29 463
29 463
29 463
29 463
Free-cash
50 199
39 439
59 953
45 577

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31056
₽33879
₽29984
₽33025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
1 467
pensions
-
-
-
16 380
national
-
-
-
22 714
municipal
-
-
-
14 658
total
-
-
-
55 219
Employee
79 519
-
118 003
-
municipal
9 822
-
15 186
-
national
15 220
-
23 532
-
pensions
3 181
-
4 720
-
total
28 223
-
43 438
-
Employer
79 519
-
118 003
-
pensions
6 362
-
9 440
-
social contributions
855
-
1 269
-
total
7 217
-
10 709
-
Corporate
44 516
136 500
-
-
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%.

8 903
27 300
-
-
total
8 903
27 300
-
-
Dividends
35 613
109 200
-
-
withholding
7 835
24 024
-
-
total
7 835
24 024
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 178
51 324
54 147
55 219
After tax
84 322
85 176
82 353
81 281
Living cost
51 297
51 297
51 297
51 297
Free-cash
33 025
33 879
31 056
29 984

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56256
₽88964
₽22472
₽80983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
social contributions

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

-
-
-
37 269
income
-
-
-
21 715
surtax
-
-
-
34 807
microenterprise
-
-
-
-
total
-
-
-
93 791
Employee
28 424
-
110 000
-
surtax
-
-
-
-
social contributions

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

3 127
-
12 100
-
income
5 060
-
21 409
-
total
8 187
-
33 509
-
Employer
28 424
-
110 000
-
surtax
-
-
-
-
social contributions

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

6 847
-
26 498
-
total
6 847
-
26 498
-
Corporate
101 230
136 500
-
-
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%.

20 246
27 299
-
-
total
20 246
27 299
-
-
Dividends

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

80 984
109 201
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
35 280
27 299
60 007
93 791
After tax
101 220
109 201
76 493
42 709
Living cost
20 237
20 237
20 237
20 237
Free-cash
80 983
88 964
56 256
22 472

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40685
₽26313
₽37034
₽20353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
11 995
income
-
-
-
35 325
pensions
-
-
-
11 397
total
-
-
-
58 717
Employee
83 067
83 067
118 423
-
income

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

13 597
13 597
13 597
-
pensions
14 952
11 397
11 397
-
health
12 750
10 845
11 995
-
total
41 299
35 839
36 989
-
Employer
83 067
83 067
118 423
-
unemployment
2 990
2 990
3 716
-
health
5 774
5 774
7 175
-
pensions
5 781
5 781
7 186
-
total
14 545
14 545
18 077
-
Corporate
39 906
38 887
-
-
income
7 982
7 777
-
-
total
7 982
7 777
-
-
Dividends
31 924
31 110
-
-
income
6 784
6 610
-
-
withholding
4 788
4 667
-
-
total
11 572
11 277
-
-
Income
136 500
136 500
136 500
136 500
Total tax
75 398
69 438
55 066
58 717
After tax
61 102
67 062
81 434
77 783
Living cost
40 749
40 749
40 749
40 749
Free-cash
20 353
26 313
40 685
37 034

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30780
₽34047
₽31870
₽33138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
10 310
health
-
-
-
5 536
accident
-
-
-
177
pensions
-
-
-
9 591
national
-
-
-
5 405
unemployment
-
-
-
89
municipal
-
-
-
33 040
total
-
-
-
64 148
Employee
57 684
-
108 623
-
municipal
17 201
-
32 391
-
national
-
-
4 970
-
total
17 201
-
37 361
-
Employer
57 684
-
108 623
-
other
6 703
-
10 310
-
unemployment
1 523
-
2 342
-
health
3 548
-
5 457
-
accident
115
-
177
-
pensions
6 236
-
9 591
-
total
18 125
-
27 877
-
Corporate
60 692
136 500
-
-
income
13 352
30 030
-
-
total
13 352
30 030
-
-
Dividends
47 340
106 470
-
-
withholding
14 202
31 941
-
-
total
14 202
31 941
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 880
61 971
65 238
64 148
After tax
73 620
74 529
71 262
72 352
Living cost
40 482
40 482
40 482
40 482
Free-cash
33 138
34 047
30 780
31 870

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51203
₽29988
₽36188
₽43655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
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.

-
-
-
6 645
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.

-
-
-
38 331
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.

-
-
-
2 108
trade
-
-
-
15 015
total
-
-
-
62 099
Employee

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

49 329
-
136 500
-
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.

233
-
2 108
-
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.

4 238
-
38 331
-
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.

6 645
-
6 645
-
total
11 116
-
47 084
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 171
136 500
-
-
chamber of commerce
271
341
-
-
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.

720
1 126
-
-
trade
14 339
22 454
-
-
income
13 075
20 475
-
-
total
28 405
44 396
-
-
Dividends
58 766
92 103
-
-
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.

788
1 246
-
-
withholding
14 323
22 657
-
-
total
15 111
23 903
-
-
Income
136 500
136 500
136 500
136 500
Total tax
54 632
68 299
47 084
62 099
After tax
81 868
68 201
89 416
74 401
Living cost
38 213
38 213
38 213
38 213
Free-cash
43 655
29 988
51 203
36 188

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62197
₽68143
₽63493
₽64109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 738
health
-
-
-
3 481
income
-
-
-
22 238
total
-
-
-
41 457
Employee
74 798
74 798
125 799
-
social contributions
3 635
6 208
8 373
-
income
7 854
6 924
21 540
-
health
744
1 272
2 139
-
total
12 233
14 404
32 052
-
Employer
74 798
74 798
125 799
-
health
810
1 384
2 328
-
social contributions
3 635
6 208
8 373
-
total
4 445
7 592
10 701
-
Corporate
88 272
54 110
-
-
income
11 033
6 763
-
-
total
11 033
6 763
-
-
Dividends
77 238
47 346
-
-
withholding
13 130
8 048
-
-
total
13 130
8 048
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 841
36 807
42 753
41 457
After tax
95 659
99 693
93 747
95 043
Living cost
31 550
31 550
31 550
31 550
Free-cash
64 109
68 143
62 197
63 493

Estimated living cost  is ₽31550 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61429
₽59051
₽76859
₽59419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
9 555
income
-
-
-
16 687
pensions
-
-
-
13 650
unemployment
-
-
-
2 048
total
-
-
-
41 940
Employee

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

The minimum wage is 138,000 HUF per month.

25 551
10 169
114 226
-
income
3 124
1 243
13 964
-
pensions
2 555
1 017
11 423
-
health
1 789
712
7 996
-
unemployment
383
153
1 713
-
total
7 851
3 125
35 096
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 551
10 169
114 226
-
pensions
4 983
1 983
22 274
-
total
4 983
1 983
22 274
-
Corporate
105 966
124 348
-
-
income
9 537
11 191
-
-
total
9 537
11 191
-
-
Dividends
96 429
113 157
-
-
social contributions
18 687
21 949
-
-
withholding
18 322
21 500
-
-
total
37 009
43 449
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 380
59 748
57 370
41 940
After tax
77 120
76 752
79 130
94 560
Living cost
17 701
17 701
17 701
17 701
Free-cash
59 419
59 051
61 429
76 859

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55185
₽85706
₽49670
₽79661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
17 745
income
-
-
-
18 291
pensions
-
-
-
27 299
total
-
-
-
63 335
Employee
27 595
-
102 016
-
income
3 107
-
19 668
-
pensions
552
-
2 040
-
unemployment
441
-
1 632
-
total
4 100
-
23 340
-
Employer
27 595
-
102 016
-
unemployment
222
-
816
-
health
3 587
-
13 261
-
pensions
5 519
-
20 403
-
total
9 328
-
34 480
-
Corporate
99 578
136 500
-
-
income
19 916
27 299
-
-
total
19 916
27 299
-
-
Dividends
79 662
109 201
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
33 344
27 299
57 820
63 335
After tax
103 156
109 201
78 680
73 165
Living cost
23 495
23 495
23 495
23 495
Free-cash
79 661
85 706
55 185
49 670

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51322
-₽10497
₽71888
₽7750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
36 235
pensions
-
-
-
4 076
total
-
-
-
43 058
Employee
33 906
-
120 732
-
income
4 652
-
26 557
-
pensions
3 818
-
7 475
-
health
3 882
-
13 824
-
total
12 352
-
47 856
-
Employer
33 906
-
120 732
-
unemployment
831
-
2 958
-
accident
566
-
2 016
-
pensions
5 513
-
10 794
-
total
6 910
-
15 768
-
Corporate
95 684
136 500
-
-
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.

86 116
122 850
-
-
total
86 116
122 850
-
-
Dividends
9 569
13 650
-
-
withholding
1 818
2 593
-
-
total
1 818
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 196
125 443
63 624
43 058
After tax
29 304
11 057
72 876
93 442
Living cost
21 554
21 554
21 554
21 554
Free-cash
7 750
-10 497
51 322
71 888

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101206
₽121681
₽127141
₽120182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
136 500
microenterprise

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

-
-
-
1 365
total
-
-
-
1 365
Employee
9 992
-
136 500
-
income
1 998
-
27 300
-
total
1 998
-
27 300
-
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%.

126 508
136 500
-
-
total
-
-
-
-
Dividends
126 508
136 500
-
-
withholding
6 326
6 825
-
-
total
6 326
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
8 324
6 825
27 300
1 365
After tax
128 176
129 675
109 200
135 135
Living cost
7 994
7 994
7 994
7 994
Free-cash
120 182
121 681
101 206
127 141

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52282
₽74368
₽46635
₽67795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
6 483
health
-
-
-
6 007
income
-
-
-
18 696
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.

-
-
-
32 760
total
-
-
-
63 946
Employee
35 319
-
109 021
-
income
6 081
-
20 577
-
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.

2 472
-
7 631
-
health
495
-
1 527
-
unemployment
353
-
1 091
-
total
9 401
-
30 826
-
Employer
35 319
-
109 021
-
other
1 767
-
5 451
-
unemployment
353
-
1 091
-
health
495
-
1 527
-
accident
282
-
871
-
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.

6 005
-
18 533
-
total
8 902
-
27 473
-
Corporate
92 280
136 500
-
-
income
19 379
28 665
-
-
total
19 379
28 665
-
-
Dividends
72 902
107 835
-
-
withholding
5 104
7 548
-
-
total
5 104
7 548
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 786
36 213
58 299
63 946
After tax
93 714
100 287
78 201
72 554
Living cost
25 919
25 919
25 919
25 919
Free-cash
67 795
74 368
52 282
46 635

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15891
₽28369
₽28433
₽24389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 434
pensions
-
-
-
8 018
total
-
-
-
43 452
Employee
91 421
-
119 552
-
income
16 480
-
27 074
-
health
1 506
-
1 864
-
pensions
8 820
-
10 109
-
total
26 806
-
39 047
-
Employer
91 421
-
119 552
-
health
1 736
-
2 272
-
pensions
10 794
-
14 675
-
total
12 530
-
16 947
-
Corporate
32 549
136 500
-
-
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.

6 183
25 935
-
-
total
6 183
25 935
-
-
Dividends
26 366
110 565
-
-
withholding
1 977
17 581
-
-
total
1 977
17 581
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 496
43 516
55 994
43 452
After tax
89 004
92 984
80 506
93 048
Living cost
64 615
64 615
64 615
64 615
Free-cash
24 389
28 369
15 891
28 433

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽99442
₽104098
₽94446
₽99631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
3 863
income
-
-
-
20 475
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
29 444
Employee
16 697
-
129 909
-
income
1 669
-
12 991
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 466
-
2 950
-
health
768
-
1 545
-
total
4 087
-
17 856
-
Employer
16 697
-
129 909
-
unemployment
100
-
202
-
health
1 152
-
2 318
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 840
-
3 702
-
total
3 276
-
6 592
-
Corporate
116 527
136 500
-
-
income
11 653
13 650
-
-
total
11 653
13 650
-
-
Dividends
104 874
122 850
-
-
withholding
5 243
6 142
-
-
total
5 243
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
24 259
19 792
24 448
29 444
After tax
112 241
116 708
112 052
107 056
Living cost
12 610
12 610
12 610
12 610
Free-cash
99 631
104 098
99 442
94 446

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27495
₽13123
₽23844
₽15571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
11 995
income
-
-
-
35 325
pensions
-
-
-
11 397
total
-
-
-
58 717
Employee
90 184
83 067
118 423
-
income

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

13 597
13 597
13 597
-
pensions
11 397
11 397
11 397
-
health
11 251
10 845
11 995
-
total
36 245
35 839
36 989
-
Employer
90 184
83 067
118 423
-
unemployment
3 247
2 990
3 716
-
health
6 267
5 774
7 175
-
pensions
6 276
5 781
7 186
-
total
15 790
14 545
18 077
-
Corporate
30 526
38 887
-
-
income
6 104
7 777
-
-
total
6 104
7 777
-
-
Dividends
24 421
31 110
-
-
income
5 189
6 610
-
-
withholding
3 662
4 667
-
-
total
8 851
11 277
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 990
69 438
55 066
58 717
After tax
69 510
67 062
81 434
77 783
Living cost
53 939
53 939
53 939
53 939
Free-cash
15 571
13 123
27 495
23 844

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45247
₽69958
₽46959
₽61390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
34 566
health
-
-
-
18 427
income
-
-
-
12 526
solidarity contribution
-
-
-
-
total
-
-
-
65 519
Employee
35 326
-
101 866
-
social contributions
2 296
-
6 621
-
solidarity contribution
-
-
-
-
income
4 239
-
12 224
-
health
4 769
-
13 752
-
total
11 304
-
32 597
-
Employer
35 326
-
101 866
-
health
3 179
-
9 168
-
social contributions
8 831
-
25 466
-
total
12 010
-
34 634
-
Corporate
89 163
136 500
-
-
income
16 941
25 935
-
-
total
16 941
25 935
-
-
Dividends
72 222
110 565
-
-
withholding
10 833
16 585
-
-
total
10 833
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 088
42 520
67 231
65 519
After tax
85 412
93 980
69 269
70 981
Living cost
24 022
24 022
24 022
24 022
Free-cash
61 390
69 958
45 247
46 959

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19730
₽31782
₽26227
₽26704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
35 108
national
-
-
-
31 735
regional
-
-
-
1 574
municipal
-
-
-
810
total
-
-
-
69 227
Employee
86 450
-
136 500
-
social contributions
29 151
-
46 028
-
municipal
458
-
724
-
national
14 980
-
27 586
-
regional
816
-
1 386
-
total
45 405
-
75 724
-
Employer
86 450
-
136 500
-
total
-
-
-
-
Corporate
50 050
136 500
-
-
nationa
12 011
32 760
-
-
municipal
1 951
5 324
-
-
total
13 962
38 084
-
-
Dividends
36 087
98 417
-
-
withholding
9 383
25 588
-
-
total
9 383
25 588
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 750
63 672
75 724
69 227
After tax
67 750
72 828
60 776
67 273
Living cost
41 046
41 046
41 046
41 046
Free-cash
26 704
31 782
19 730
26 227

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40181
₽64394
₽43305
₽61365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
-
health
-
-
-
9 217
income
-
-
-
31 833
pensions
-
-
-
25 965
surtax
-
-
-
4 493
unemployment
-
-
-
222
total
-
-
-
71 730
Employee
32 168
-
112 763
-
surtax
105
-
3 998
-
income
5 392
-
28 874
-
other
-
-
-
-
pensions
2 145
-
7 522
-
health
821
-
2 874
-
unemployment
2 239
-
7 849
-
total
10 702
-
51 117
-
Employer
32 168
-
112 763
-
other
-
-
-
-
unemployment
1 019
-
3 574
-
health
1 464
-
5 132
-
pensions
4 288
-
15 031
-
total
6 771
-
23 737
-
Corporate
97 562
136 500
-
-
income
25 367
35 490
-
-
total
25 367
35 490
-
-
Dividends
72 195
101 010
-
-
withholding
10 830
15 151
-
-
total
10 830
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 670
50 641
74 854
71 730
After tax
82 830
85 859
61 646
64 770
Living cost
21 465
21 465
21 465
21 465
Free-cash
61 365
64 394
40 181
43 305

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36363
₽48841
₽48905
₽50528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 434
pensions
-
-
-
8 018
total
-
-
-
43 452
Employee
61 268
-
119 552
-
income
11 035
-
27 074
-
health
889
-
1 864
-
pensions
5 200
-
10 109
-
total
17 124
-
39 047
-
Employer
61 268
-
119 552
-
health
1 164
-
2 272
-
pensions
6 632
-
14 675
-
total
7 796
-
16 947
-
Corporate
67 436
136 500
-
-
income

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

12 813
25 935
-
-
total
12 813
25 935
-
-
Dividends
54 623
110 565
-
-
withholding
4 096
17 581
-
-
total
4 096
17 581
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 829
43 516
55 994
43 452
After tax
94 671
92 984
80 506
93 048
Living cost
44 143
44 143
44 143
44 143
Free-cash
50 528
48 841
36 363
48 905

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26881
-₽16364
₽33554
₽17343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other

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

-
-
-
2 730
health
-
-
-
308
pensions
-
-
-
12 557
city
-
-
-
1 439
national
-
-
-
1 451
regional
-
-
-
5 678
total
-
-
-
24 163
Employee
92 196
-
122 174
-
national
436
-
1 141
-
city
989
-
1 313
-
pensions
7 746
-
10 263
-
health
208
-
275
-
regional
3 019
-
4 862
-
unemployment
-
-
-
-
total
12 398
-
17 854
-
Employer
92 196
-
122 174
-
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.

1 843
-
2 444
-
unemployment
-
-
-
-
health
208
-
275
-
pensions
7 746
-
10 263
-
total
9 797
-
12 982
-
Corporate
33 493
136 500
-
-
regional
7 084
28 870
-
-
national
2 847
11 602
-
-
total
9 931
40 472
-
-
Dividends
23 562
96 027
-
-
withholding
8 248
33 609
-
-
total
8 248
33 609
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 374
74 081
30 836
24 163
After tax
96 126
62 419
105 664
112 337
Living cost
78 783
78 783
78 783
78 783
Free-cash
17 343
-16 364
26 881
33 554

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44855
₽22938
₽29201
₽38709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
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.

-
-
-
6 645
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.

-
-
-
38 331
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.

-
-
-
2 108
trade
-
-
-
15 654
total
-
-
-
62 738
Employee

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

58 459
-
136 500
-
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.

378
-
2 108
-
income

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

6 874
-
38 331
-
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.

6 645
-
6 645
-
total
13 897
-
47 084
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 041
136 500
-
-
chamber of commerce
258
340
-
-
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.

644
1 126
-
-
trade
13 385
23 410
-
-
income
11 707
20 475
-
-
total
25 994
45 351
-
-
Dividends
52 046
91 149
-
-
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.

696
1 233
-
-
withholding
12 643
22 417
-
-
total
13 339
23 650
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 230
69 001
47 084
62 738
After tax
83 270
67 499
89 416
73 762
Living cost
44 561
44 561
44 561
44 561
Free-cash
38 709
22 938
44 855
29 201

Estimated living cost  is ₽44561 per week

₽32546
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.
₽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.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽45636
₽35517
₽44206
₽41261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
4 231
social contributions
-
-
-
3 889
health
-
-
-
4 685
income
-
-
-
18 549
pensions
-
-
-
27 660
surtax
-
-
-
-
total
-
-
-
59 014
Employee
41 631
-
107 716
-
surtax
-
-
-
-
social contributions
1 187
-
3 070
-
income
2 457
-
19 101
-
pensions
4 707
-
6 629
-
total
8 351
-
28 800
-
Employer
41 631
-
107 716
-
other
1 436
-
3 835
-
unemployment
1 685
-
4 362
-
health
2 915
-
8 948
-
pensions
6 839
-
11 316
-
social contributions
126
-
323
-
total
13 001
-
28 784
-
Corporate
81 868
136 500
-
-
surtax
-
-
-
-
income
22 923
38 220
-
-
total
22 923
38 220
-
-
Dividends
58 945
98 280
-
-
social contributions
10 140
16 903
-
-
surtax
-
-
-
-
withholding
7 544
12 580
-
-
total
17 684
29 483
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 959
67 703
57 584
59 014
After tax
74 541
68 797
78 916
77 486
Living cost
33 280
33 280
33 280
33 280
Free-cash
41 261
35 517
45 636
44 206

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽48933
₽38814
₽47503
₽44219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
4 231
social contributions
-
-
-
3 889
health
-
-
-
4 685
income
-
-
-
18 549
pensions
-
-
-
27 660
surtax
-
-
-
-
total
-
-
-
59 014
Employee
37 162
-
107 716
-
surtax
-
-
-
-
social contributions
1 060
-
3 070
-
income
1 916
-
19 101
-
pensions
4 203
-
6 629
-
total
7 179
-
28 800
-
Employer
37 162
-
107 716
-
other
1 283
-
3 835
-
unemployment
1 504
-
4 362
-
health
2 601
-
8 948
-
pensions
6 106
-
11 316
-
social contributions
111
-
323
-
total
11 605
-
28 784
-
Corporate
87 733
136 500
-
-
surtax
-
-
-
-
income
24 566
38 220
-
-
total
24 566
38 220
-
-
Dividends
63 167
98 280
-
-
social contributions
10 863
16 903
-
-
surtax
-
-
-
-
withholding
8 085
12 580
-
-
total
18 948
29 483
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 298
67 703
57 584
59 014
After tax
74 202
68 797
78 916
77 486
Living cost
29 983
29 983
29 983
29 983
Free-cash
44 219
38 814
48 933
47 503

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65243
₽62654
₽67034
₽63156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
18 838
health
-
-
-
9 527
income
-
-
-
20 475
total
-
-
-
48 840
Employee
32 981
-
136 500
-
social contributions
4 552
-
18 838
-
income
5 501
-
22 266
-
health
2 302
-
9 527
-
total
12 355
-
50 631
-
Employer
32 981
-
136 500
-
total
-
-
-
-
Corporate
103 519
136 500
-
-
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%.

5 176
6 824
-
-
total
5 176
6 824
-
-
Dividends
98 343
129 676
-
-
social contributions
13 571
17 894
-
-
withholding
14 751
19 451
-
-
health
6 865
9 051
-
-
total
35 187
46 396
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 718
53 220
50 631
48 840
After tax
83 782
83 280
85 869
87 660
Living cost
20 626
20 626
20 626
20 626
Free-cash
63 156
62 654
65 243
67 034

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
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.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2092
₽41582
₽35092
₽40080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
8 692
income
-
-
-
30 714
chamber of commerce
-
-
-
546
pensions
-
-
-
21 023
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
67 133
Employee
48 613
38 765
105 848
-
income
5 534
2 859
24 776
-
other
485
388
1 058
-
pensions
4 978
3 969
10 839
-
health
1 881
1 501
4 096
-
unemployment
1 458
1 163
3 175
-
total
14 336
9 880
43 944
-
Employer
48 613
38 765
105 848
-
other
2 309
1 840
5 026
-
unemployment
1 458
1 163
3 175
-
health
1 837
1 466
4 002
-
surtax
192
192
192
-
accident
631
504
1 375
-
pensions
6 101
4 866
13 283
-
payroll
1 458
1 163
3 175
-
chamber of commerce
194
155
423
-
total
14 180
11 349
30 651
-
Corporate
73 707
86 387
102 156
-
income

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

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

18 426
21 597
25 538
-
total
18 426
21 597
25 538
-
Dividends
55 281
64 789
-
-
withholding
15 203
17 817
-
-
total
15 203
17 817
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 145
60 643
100 133
67 133
After tax
74 355
75 857
36 367
69 367
Living cost
34 275
34 275
34 275
34 275
Free-cash
40 080
41 582
2 092
35 092

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14542
₽40947
₽24713
₽26358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
21 463
communal

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

-
-
-
6 902
national
-
-
-
47 955
total
-
-
-
76 320
Employee

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

69 580
-
105 721
-
national
21 392
-
36 389
-
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.

5 218
-
7 928
-
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.

3 269
-
4 969
-
communal

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

3 629
-
5 514
-
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.

605
-
919
-
total
34 113
-
55 719
-
Employer

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

69 580
-
105 721
-
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.

1 015
-
1 543
-
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.

4 279
-
6 501
-
surtax
7 890
-
11 987
-
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.

905
-
1 375
-
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.

6 165
-
9 366
-
total
20 254
-
30 772
-
Corporate
46 667
136 500
-
-
surtax
186
546
-
-
income
9 333
27 299
-
-
total
9 519
27 845
-
-
Dividends
37 147
108 654
-
-
withholding

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

10 789
32 241
-
-
total
10 789
32 241
-
-
Income
136 500
136 500
136 500
136 500
Total tax
74 675
60 086
86 491
76 320
After tax
61 825
76 414
50 009
60 180
Living cost
35 467
35 467
35 467
35 467
Free-cash
26 358
40 947
14 542
24 713

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37087
₽56277
₽41761
₽49003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
32 563
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
59 610
Employee
48 420
-
107 757
-
income
10 216
-
29 816
-
other
48
-
90
-
pensions
2 276
-
4 238
-
unemployment
751
-
1 397
-
total
13 291
-
35 541
-
Employer
48 420
-
107 757
-
other
386
-
722
-
unemployment
2 664
-
4 958
-
accident
958
-
1 785
-
pensions
11 426
-
21 278
-
total
15 434
-
28 743
-
Corporate
72 646
136 500
-
-
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.

10 897
20 475
-
-
total
10 897
20 475
-
-
Dividends
61 750
116 025
-
-
withholding
12 746
24 619
-
-
total
12 746
24 619
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 368
45 094
64 284
59 610
After tax
84 132
91 406
72 216
76 890
Living cost
35 129
35 129
35 129
35 129
Free-cash
49 003
56 277
37 087
41 761

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23971
₽28798
₽18527
₽18280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
9 590
accident
-
-
-
1 150
income
-
-
-
18 518
pensions
-
-
-
20 460
communal
-
-
-
8 626
surtax
-
-
-
6 767
total
-
-
-
65 111
Employee
73 664
-
121 930
-
surtax
4 515
-
7 472
-
income
7 115
-
22 448
-
pensions
5 892
-
9 754
-
health
3 278
-
5 425
-
total
20 800
-
45 099
-
Employer
73 664
-
121 930
-
health
2 247
-
3 718
-
accident
663
-
1 096
-
pensions
5 892
-
9 754
-
total
8 802
-
14 568
-
Corporate
54 035
136 500
-
-
surtax
567
1 432
-
-
income
8 105
20 475
-
-
communal
3 648
9 213
-
-
total
12 320
31 120
-
-
Dividends
41 715
105 379
-
-
income
17 178
7 913
-
-
withholding
6 258
15 807
-
-
total
23 436
23 720
-
-
Income
136 500
136 500
136 500
136 500
Total tax
65 358
54 840
59 667
65 111
After tax
71 142
81 660
76 833
71 389
Living cost
52 862
52 862
52 862
52 862
Free-cash
18 280
28 798
23 971
18 527

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39797
₽64010
₽42921
₽60916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
-
health
-
-
-
9 217
income
-
-
-
31 833
pensions
-
-
-
25 965
surtax
-
-
-
4 493
unemployment
-
-
-
222
total
-
-
-
71 730
Employee
32 758
-
112 763
-
surtax
116
-
3 998
-
income
5 492
-
28 874
-
other
-
-
-
-
pensions
2 186
-
7 522
-
health
836
-
2 874
-
unemployment
2 280
-
7 849
-
total
10 910
-
51 117
-
Employer
32 758
-
112 763
-
other
-
-
-
-
unemployment
1 039
-
3 574
-
health
1 490
-
5 132
-
pensions
4 367
-
15 031
-
total
6 896
-
23 737
-
Corporate
96 846
136 500
-
-
income
25 180
35 490
-
-
total
25 180
35 490
-
-
Dividends
71 665
101 010
-
-
withholding
10 749
15 151
-
-
total
10 749
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 735
50 641
74 854
71 730
After tax
82 765
85 859
61 646
64 770
Living cost
21 849
21 849
21 849
21 849
Free-cash
60 916
64 010
39 797
42 921

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34122
₽45545
₽40585
₽43384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
35 108
national
-
-
-
31 735
regional
-
-
-
2 059
municipal
-
-
-
810
total
-
-
-
69 712
Employee
53 959
-
136 500
-
social contributions
18 195
-
46 028
-
municipal
286
-
724
-
national
8 549
-
27 586
-
regional
726
-
1 837
-
total
27 756
-
76 175
-
Employer
53 959
-
136 500
-
total
-
-
-
-
Corporate
82 541
136 500
-
-
nationa
19 811
32 760
-
-
municipal
4 102
6 784
-
-
total
23 913
39 544
-
-
Dividends
58 629
96 956
-
-
withholding
15 244
25 208
-
-
total
15 244
25 208
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 913
64 752
76 175
69 712
After tax
69 587
71 748
60 325
66 788
Living cost
26 203
26 203
26 203
26 203
Free-cash
43 384
45 545
34 122
40 585

Estimated living cost  is ₽26203 per week

₽16296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39668
₽64379
₽41380
₽53818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
34 566
health
-
-
-
18 427
income
-
-
-
12 526
solidarity contribution
-
-
-
-
total
-
-
-
65 519
Employee
43 531
-
101 866
-
social contributions
2 829
-
6 621
-
solidarity contribution
-
-
-
-
income
5 224
-
12 224
-
health
5 877
-
13 752
-
total
13 930
-
32 597
-
Employer
43 531
-
101 866
-
health
3 918
-
9 168
-
social contributions
10 883
-
25 466
-
total
14 801
-
34 634
-
Corporate
78 169
136 500
-
-
income
14 852
25 935
-
-
total
14 852
25 935
-
-
Dividends
63 317
110 565
-
-
withholding
9 498
16 585
-
-
total
9 498
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 081
42 520
67 231
65 519
After tax
83 419
93 980
69 269
70 981
Living cost
29 601
29 601
29 601
29 601
Free-cash
53 818
64 379
39 668
41 380

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5363
₽44929
₽38526
₽44445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
8 692
income
-
-
-
30 714
chamber of commerce
-
-
-
546
pensions
-
-
-
21 023
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
66 941
Employee
42 521
38 765
105 994
-
income
3 788
2 859
24 826
-
other
425
388
1 060
-
pensions
4 355
3 969
10 854
-
health
1 645
1 501
4 102
-
unemployment
1 276
1 163
3 181
-
total
11 489
9 880
44 023
-
Employer
42 521
38 765
105 994
-
other
2 019
1 840
5 034
-
unemployment
1 276
1 163
3 181
-
health
1 608
1 466
4 006
-
surtax
-
-
-
-
accident
552
504
1 377
-
pensions
5 337
4 866
13 302
-
payroll
1 276
1 163
3 181
-
chamber of commerce
170
155
425
-
total
12 238
11 157
30 506
-
Corporate
81 743
86 579
102 304
-
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.

20 436
21 645
25 575
-
total
20 436
21 645
25 575
-
Dividends
61 306
64 933
-
-
withholding
16 859
17 856
-
-
total
16 859
17 856
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 022
60 538
100 104
66 941
After tax
75 478
75 962
36 396
69 559
Living cost
31 033
31 033
31 033
31 033
Free-cash
44 445
44 929
5 363
38 526

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96743
₽117218
₽122678
₽114882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
136 500
microenterprise

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

-
-
-
1 365
total
-
-
-
1 365
Employee
15 571
-
136 500
-
income
3 114
-
27 300
-
total
3 114
-
27 300
-
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%.

120 929
136 500
-
-
total
-
-
-
-
Dividends
120 929
136 500
-
-
withholding
6 047
6 825
-
-
total
6 047
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
9 161
6 825
27 300
1 365
After tax
127 339
129 675
109 200
135 135
Living cost
12 457
12 457
12 457
12 457
Free-cash
114 882
117 218
96 743
122 678

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38728
₽67890
₽42345
₽59753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
health
-
-
-
13 431
income
-
-
-
29 501
pensions
-
-
-
24 927
unemployment
-
-
-
205
total
-
-
-
68 064
Employee

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

43 014
-
118 111
-
income
7 418
-
27 188
-
pensions
6 668
-
18 308
-
health
2 778
-
7 629
-
unemployment
61
-
166
-
total
16 925
-
53 291
-
Employer

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

43 014
-
118 111
-
unemployment
26
-
70
-
health
2 865
-
7 866
-
pensions
3 806
-
10 454
-
total
6 697
-
18 390
-
Corporate
86 789
136 500
-
-
income
16 490
25 935
-
-
total
16 490
25 935
-
-
Dividends
70 299
110 565
-
-
withholding
10 544
16 584
-
-
total
10 544
16 584
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 656
42 519
71 681
68 064
After tax
85 844
93 981
64 819
68 436
Living cost
26 091
26 091
26 091
26 091
Free-cash
59 753
67 890
38 728
42 345

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78336
₽38473
₽49758
-₽17531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 561
income
-
-
-
26 607
total
-
-
-
42 168
Employee
63 913
-
-
-
social contributions
5 241
-
747
-
income
14 098
-
-
-
total
19 339
-
747
-
Employer
63 913
-
-
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
Corporate
-
136 500
-
-
income
-
30 030
-
-
total
-
30 030
-
-
Dividends
-
106 470
-
-
income
-
23 423
-
-
total
-
23 423
-
-
Income
136 500
136 500
136 500
136 500
Total tax
109 457
53 453
13 590
42 168
After tax
27 043
83 047
122 910
94 332
Living cost
44 574
44 574
44 574
44 574
Free-cash
-17 531
38 473
78 336
49 758

Estimated living cost  is ₽44574 per week

₽28922
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.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34479
₽47130
₽43780
₽46151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
social contributions

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

-
-
-
47 433
income
-
-
-
14 776
surtax
-
-
-
-
total
-
-
-
62 209
Employee
44 738
-
110 303
-
surtax
-
-
-
-
social contributions
4 921
-
12 133
-
income
9 306
-
33 180
-
total
14 227
-
45 313
-
Employer
44 738
-
110 303
-
social contributions
10 625
-
26 197
-
total
10 625
-
26 197
-
Corporate
81 137
136 500
-
-
surtax
-
-
-
-
income
17 038
28 665
-
-
total
17 038
28 665
-
-
Dividends
64 099
107 835
-
-
withholding
17 948
30 194
-
-
total
17 948
30 194
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 838
58 859
71 510
62 209
After tax
76 662
77 641
64 990
74 291
Living cost
30 511
30 511
30 511
30 511
Free-cash
46 151
47 130
34 479
43 780

Estimated living cost  is ₽30511 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31935
₽21816
₽30505
₽28502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
4 231
social contributions
-
-
-
3 889
health
-
-
-
4 685
income
-
-
-
18 549
pensions
-
-
-
27 660
surtax
-
-
-
-
total
-
-
-
59 014
Employee
60 924
-
107 716
-
surtax
-
-
-
-
social contributions
1 735
-
3 070
-
income
5 316
-
19 101
-
pensions
6 891
-
6 629
-
total
13 942
-
28 800
-
Employer
60 924
-
107 716
-
other
2 103
-
3 835
-
unemployment
2 468
-
4 362
-
health
4 264
-
8 948
-
pensions
10 010
-
11 316
-
social contributions
183
-
323
-
total
19 028
-
28 784
-
Corporate
56 548
136 500
-
-
surtax
-
-
-
-
income
15 834
38 220
-
-
total
15 834
38 220
-
-
Dividends
40 714
98 280
-
-
social contributions
7 002
16 903
-
-
surtax
-
-
-
-
withholding
5 211
12 580
-
-
total
12 213
29 483
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 017
67 703
57 584
59 014
After tax
75 483
68 797
78 916
77 486
Living cost
46 981
46 981
46 981
46 981
Free-cash
28 502
21 816
31 935
30 505

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76115
₽93609
₽72489
₽90343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
4 740
social contributions
-
-
-
30 031
total
-
-
-
34 771
Employee
31 272
-
118 181
-
income
-
-
5 143
-
social contributions
2 032
-
7 683
-
total
2 032
-
12 826
-
Employer
31 272
-
118 181
-
social contributions
4 847
-
18 319
-
total
4 847
-
18 319
-
Corporate
100 380
136 500
-
-
income
10 038
13 651
-
-
total
10 038
13 651
-
-
Dividends
90 342
122 849
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
16 917
13 651
31 145
34 771
After tax
119 583
122 849
105 355
101 729
Living cost
29 240
29 240
29 240
29 240
Free-cash
90 343
93 609
76 115
72 489

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
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.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽75083
-₽75083
₽35732
-₽75083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
labour market
-
-
-
10 853
pensions
-
-
-
842
national
-
-
-
14 897
municipal
-
-
-
27 407
total
-
-
-
53 999
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
164 814
164 814
164 814
53 999
After tax
-28 314
-28 314
-28 314
82 501
Living cost
46 769
46 769
46 769
46 769
Free-cash
-75 083
-75 083
-75 083
35 732

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51640
-₽10179
₽72206
₽7798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
36 235
pensions
-
-
-
4 076
total
-
-
-
43 058
Employee
33 406
-
120 732
-
income
4 583
-
26 557
-
pensions
3 762
-
7 475
-
health
3 825
-
13 824
-
total
12 170
-
47 856
-
Employer
33 406
-
120 732
-
unemployment
819
-
2 958
-
accident
558
-
2 016
-
pensions
5 432
-
10 794
-
total
6 809
-
15 768
-
Corporate
96 286
136 500
-
-
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.

86 658
122 850
-
-
total
86 658
122 850
-
-
Dividends
9 628
13 650
-
-
withholding
1 829
2 593
-
-
total
1 829
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 466
125 443
63 624
43 058
After tax
29 034
11 057
72 876
93 442
Living cost
21 236
21 236
21 236
21 236
Free-cash
7 798
-10 179
51 640
72 206

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36477
₽50354
₽55190
₽51587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
136 500
health
-
-
-
1 696
national
-
-
-
18 003
municipal
-
-
-
24 265
total
-
-
-
43 964
Employee
51 177
-
114 832
-
municipal
8 382
-
18 720
-
national
845
-
11 455
-
pensions
3 454
-
7 751
-
health
382
-
1 362
-
unemployment
768
-
1 722
-
total
13 831
-
41 010
-
Employer
51 177
-
114 832
-
unemployment
332
-
746
-
health
393
-
884
-
accident
52
-
114
-
pensions
8 879
-
19 923
-
total
9 656
-
21 667
-
Corporate
75 667
136 500
-
-
income
15 133
27 299
-
-
total
15 133
27 299
-
-
Dividends

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

45 400
81 900
-
-
national
775
6 759
-
-
municipal
8 172
14 742
-
-
total
8 947
21 501
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 567
48 800
62 677
43 964
After tax
88 933
87 700
73 823
92 536
Living cost
37 346
37 346
37 346
37 346
Free-cash
51 587
50 354
36 477
55 190

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71226
₽77172
₽72522
₽71878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 738
health
-
-
-
3 481
income
-
-
-
22 238
total
-
-
-
41 457
Employee
74 798
74 798
125 799
-
social contributions
2 828
6 208
8 373
-
income
8 144
6 924
21 540
-
health
580
1 272
2 139
-
total
11 552
14 404
32 052
-
Employer
74 798
74 798
125 799
-
health
629
1 384
2 328
-
social contributions
2 828
6 208
8 373
-
total
3 457
7 592
10 701
-
Corporate
98 969
54 110
-
-
income
12 371
6 763
-
-
total
12 371
6 763
-
-
Dividends
86 598
47 346
-
-
withholding
14 721
8 048
-
-
total
14 721
8 048
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 101
36 807
42 753
41 457
After tax
94 399
99 693
93 747
95 043
Living cost
22 521
22 521
22 521
22 521
Free-cash
71 878
77 172
71 226
72 522

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78212
₽97592
₽97719
₽92639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
136 500
health
-
-
-
3 520
income
-
-
-
13 601
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
23 337
Employee

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

22 327
-
126 993
-
income
1 527
-
11 188
-
pensions
3 349
-
13 844
-
health
1 898
-
7 845
-
unemployment
111
-
461
-
total
6 885
-
33 338
-
Employer

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

22 327
-
126 993
-
unemployment
111
-
461
-
health
960
-
3 969
-
pensions
1 228
-
5 076
-
total
2 299
-
9 506
-
Corporate
111 874
136 500
-
-
income
10 070
12 285
-
-
total
10 070
12 285
-
-
Dividends
101 805
124 215
-
-
withholding
9 163
11 179
-
-
total
9 163
11 179
-
-
Income
136 500
136 500
136 500
136 500
Total tax
28 417
23 464
42 844
23 337
After tax
108 083
113 036
93 656
113 163
Living cost
15 444
15 444
15 444
15 444
Free-cash
92 639
97 592
78 212
97 719

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45467
₽64657
₽50141
₽60029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
32 563
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
59 610
Employee
35 967
-
107 757
-
income
6 934
-
29 816
-
other
35
-
90
-
pensions
1 691
-
4 238
-
unemployment
557
-
1 397
-
total
9 217
-
35 541
-
Employer
35 967
-
107 757
-
other
288
-
722
-
unemployment
1 979
-
4 958
-
accident
713
-
1 785
-
pensions
8 488
-
21 278
-
total
11 468
-
28 743
-
Corporate
89 066
136 500
-
-
income

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

13 359
20 475
-
-
total
13 359
20 475
-
-
Dividends
75 707
116 025
-
-
withholding
15 678
24 619
-
-
total
15 678
24 619
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 722
45 094
64 284
59 610
After tax
86 778
91 406
72 216
76 890
Living cost
26 749
26 749
26 749
26 749
Free-cash
60 029
64 657
45 467
50 141

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85733
₽83372
₽85862
₽83077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
954
income
-
-
-
46 564
pensions
-
-
-
1 316
total
-
-
-
48 834
Employee
2 748
-
135 020
-
income
532
-
46 495
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
47 482
-
Employer
2 748
-
135 020
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
133 134
136 500
-
-
income
29 289
30 030
-
-
total
29 289
30 030
-
-
Dividends
103 845
106 470
-
-
withholding
20 769
21 294
-
-
total
20 769
21 294
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 619
51 324
48 963
48 834
After tax
84 881
85 176
87 537
87 666
Living cost
1 804
1 804
1 804
1 804
Free-cash
83 077
83 372
85 733
85 862

Estimated living cost  is ₽1804 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62616
₽81872
₽62616
₽77107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
health
-
-
-
7 372
income
-
-
-
30 080
pensions
-
-
-
18 609
unemployment
-
-
-
1 074
total
-
-
-
57 135
Employee

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

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

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

25 256
-
123 688
-
income
3 481
-
30 080
-
pensions
3 536
-
10 020
-
health
1 301
-
3 686
-
unemployment
189
-
537
-
total
8 507
-
44 323
-
Employer

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

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

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

25 256
-
123 688
-
unemployment
189
-
537
-
health
1 301
-
3 686
-
pensions
3 031
-
8 589
-
total
4 521
-
12 812
-
Corporate
106 723
136 500
-
-
income
16 009
20 475
-
-
total
16 009
20 475
-
-
Dividends
90 715
116 025
-
-
withholding
13 607
17 404
-
-
total
13 607
17 404
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 644
37 879
57 135
57 135
After tax
93 856
98 621
79 365
79 365
Living cost
16 749
16 749
16 749
16 749
Free-cash
77 107
81 872
62 616
62 616

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38766
₽51417
₽48067
₽51067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
social contributions

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

-
-
-
47 433
income
-
-
-
14 776
surtax
-
-
-
-
total
-
-
-
62 209
Employee
37 754
-
110 303
-
surtax
-
-
-
-
social contributions
4 153
-
12 133
-
income
7 377
-
33 180
-
total
11 530
-
45 313
-
Employer
37 754
-
110 303
-
social contributions
8 966
-
26 197
-
total
8 966
-
26 197
-
Corporate
89 781
136 500
-
-
surtax
-
-
-
-
income
18 854
28 665
-
-
total
18 854
28 665
-
-
Dividends
70 926
107 835
-
-
withholding
19 859
30 194
-
-
total
19 859
30 194
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 209
58 859
71 510
62 209
After tax
77 291
77 641
64 990
74 291
Living cost
26 224
26 224
26 224
26 224
Free-cash
51 067
51 417
38 766
48 067

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
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.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38030
₽57220
₽42704
₽50278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
32 563
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
59 610
Employee
46 978
-
107 757
-
income
9 812
-
29 816
-
other
46
-
90
-
pensions
2 208
-
4 238
-
unemployment
727
-
1 397
-
total
12 793
-
35 541
-
Employer
46 978
-
107 757
-
other
377
-
722
-
unemployment
2 584
-
4 958
-
accident
930
-
1 785
-
pensions
11 087
-
21 278
-
total
14 978
-
28 743
-
Corporate
74 544
136 500
-
-
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.

11 181
20 475
-
-
total
11 181
20 475
-
-
Dividends
63 363
116 025
-
-
withholding
13 084
24 619
-
-
total
13 084
24 619
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 036
45 094
64 284
59 610
After tax
84 464
91 406
72 216
76 890
Living cost
34 186
34 186
34 186
34 186
Free-cash
50 278
57 220
38 030
42 704

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and 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 Madrid model

Close
Sofia , Bulgaria
₽95508
₽100164
₽90512
₽94301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
health
-
-
-
3 863
income
-
-
-
20 475
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
29 444
Employee
21 907
-
129 909
-
income
2 191
-
12 991
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

1 923
-
2 950
-
health
1 008
-
1 545
-
total
5 363
-
17 856
-
Employer
21 907
-
129 909
-
unemployment
132
-
202
-
health
1 512
-
2 318
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 414
-
3 702
-
total
4 299
-
6 592
-
Corporate
110 294
136 500
-
-
income
11 029
13 650
-
-
total
11 029
13 650
-
-
Dividends
99 265
122 850
-
-
withholding
4 964
6 142
-
-
total
4 964
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
25 655
19 792
24 448
29 444
After tax
110 845
116 708
112 052
107 056
Living cost
16 544
16 544
16 544
16 544
Free-cash
94 301
100 164
95 508
90 512

Estimated living cost  is ₽16544 per week

₽10942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51862
₽32755
₽38763
₽45479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
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.

-
-
-
6 645
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.

-
-
-
38 331
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.

-
-
-
2 108
trade
-
-
-
13 099
total
-
-
-
60 183
Employee

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

48 399
-
136 500
-
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.

220
-
2 108
-
income

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

3 980
-
38 331
-
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.

6 645
-
6 645
-
total
10 845
-
47 084
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 101
136 500
-
-
chamber of commerce
277
347
-
-
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.

727
1 126
-
-
trade
12 643
19 587
-
-
income
13 215
20 475
-
-
total
26 862
41 535
-
-
Dividends
61 239
94 965
-
-
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.

821
1 285
-
-
withholding
14 939
23 371
-
-
total
15 760
24 656
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 467
66 191
47 084
60 183
After tax
83 033
70 309
89 416
76 317
Living cost
37 554
37 554
37 554
37 554
Free-cash
45 479
32 755
51 862
38 763

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20599
₽40139
₽20599
₽42286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
38 523
social contributions
-
-
-
21 967
total
-
-
-
60 490
Employee
76 089
-
136 500
-
income
14 358
-
38 523
-
social contributions
6 321
-
21 967
-
total
20 679
-
60 490
-
Employer
76 089
-
136 500
-
total
-
-
-
-
Corporate
60 411
136 500
-
-
income
7 552
17 062
-
-
total
7 552
17 062
-
-
Dividends
52 859
119 438
-
-
withholding
10 572
23 888
-
-
total
10 572
23 888
-
-
Income
136 500
136 500
136 500
136 500
Total tax
38 803
40 950
60 490
60 490
After tax
97 697
95 550
76 010
76 010
Living cost
55 411
55 411
55 411
55 411
Free-cash
42 286
40 139
20 599
20 599

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63870
₽48276
₽67500
₽51674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
income
-
-
-
27 689
health

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

-
-
-
6 001
total
-
-
-
33 690
Employee
44 623
-
132 025
-
income
4 842
-
28 370
-
social contributions
4 471
-
4 475
-
total
9 313
-
32 845
-
Employer
44 623
-
132 025
-
social contributions
4 471
-
4 475
-
total
4 471
-
4 475
-
Corporate
87 406
136 500
-
-
income
30 593
47 775
-
-
total
30 593
47 775
-
-
Dividends
56 814
88 725
-
-
social contributions
5 139
5 139
-
-
total
5 139
5 139
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 516
52 914
37 320
33 690
After tax
86 984
83 586
99 180
102 810
Living cost
35 310
35 310
35 310
35 310
Free-cash
51 674
48 276
63 870
67 500

Estimated living cost  is ₽35310 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44619
₽57097
₽57161
₽60933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 434
pensions
-
-
-
8 018
total
-
-
-
43 452
Employee
49 260
-
119 552
-
income
8 971
-
27 074
-
health
643
-
1 864
-
pensions
3 760
-
10 109
-
total
13 374
-
39 047
-
Employer
49 260
-
119 552
-
health
936
-
2 272
-
pensions
4 977
-
14 675
-
total
5 913
-
16 947
-
Corporate
81 327
136 500
-
-
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.

15 452
25 935
-
-
total
15 452
25 935
-
-
Dividends
65 875
110 565
-
-
withholding
4 941
17 581
-
-
total
4 941
17 581
-
-
Income
136 500
136 500
136 500
136 500
Total tax
39 680
43 516
55 994
43 452
After tax
96 820
92 984
80 506
93 048
Living cost
35 887
35 887
35 887
35 887
Free-cash
60 933
57 097
44 619
57 161

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49537
-₽12282
₽70103
₽7477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
36 235
pensions
-
-
-
4 076
total
-
-
-
43 058
Employee
36 713
-
120 732
-
income
5 037
-
26 557
-
pensions
4 134
-
7 475
-
health
4 203
-
13 824
-
total
13 374
-
47 856
-
Employer
36 713
-
120 732
-
unemployment
899
-
2 958
-
accident
613
-
2 016
-
pensions
5 969
-
10 794
-
total
7 481
-
15 768
-
Corporate
92 306
136 500
-
-
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.

83 075
122 850
-
-
total
83 075
122 850
-
-
Dividends
9 231
13 650
-
-
withholding
1 754
2 593
-
-
total
1 754
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
105 684
125 443
63 624
43 058
After tax
30 816
11 057
72 876
93 442
Living cost
23 339
23 339
23 339
23 339
Free-cash
7 477
-12 282
49 537
70 103

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽80080
₽101762
₽63874
₽97223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
136 500
income
-
-
-
21 986
health insurance
-
-
-
10 101
work injury
-
-
-
682
pensions
-
-
-
25 116
unemployment
-
-
-
1 638
total
-
-
-
59 523
Employee

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

20 965
-
136 500
-
income
2 096
-
21 986
-
work injury
105
-
388
-
health insurance
1 551
-
5 740
-
pensions
3 858
-
14 272
-
unemployment
252
-
931
-
total
7 862
-
43 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 535
136 500
-
-
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%.

1 155
1 365
-
-
total
1 155
1 365
-
-
Dividends
114 380
135 135
-
-
withholding
17 157
20 270
-
-
total
17 157
20 270
-
-
Income
136 500
136 500
136 500
136 500
Total tax
26 174
21 635
43 317
59 523
After tax
110 326
114 865
93 183
76 977
Living cost
13 103
13 103
13 103
13 103
Free-cash
97 223
101 762
80 080
63 874

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20662
₽33148
₽26907
₽28722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
35 108
national
-
-
-
31 735
regional
-
-
-
3 087
municipal
-
-
-
912
total
-
-
-
70 842
Employee
81 968
-
136 500
-
social contributions
27 639
-
46 028
-
municipal
489
-
814
-
national
13 852
-
27 586
-
regional
1 238
-
2 659
-
total
43 218
-
77 087
-
Employer
81 968
-
136 500
-
total
-
-
-
-
Corporate
54 532
136 500
-
-
nationa
13 088
32 760
-
-
municipal
2 629
6 579
-
-
total
15 717
39 339
-
-
Dividends
38 816
97 161
-
-
withholding
10 092
25 262
-
-
total
10 092
25 262
-
-
Income
136 500
136 500
136 500
136 500
Total tax
69 027
64 601
77 087
70 842
After tax
67 473
71 899
59 413
65 658
Living cost
38 751
38 751
38 751
38 751
Free-cash
28 722
33 148
20 662
26 907

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close