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
₽38939
₽59677
₽45424
₽49883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income

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

-
-
-
38 004
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.

-
-
-
2 090
health

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

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

-
-
-
6 760
trade
-
-
-
14 253
total
-
-
-
61 107
Employee

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

37 844
-
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.

58
-
2 090
-
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.

1 057
-
38 004
-
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.

6 760
-
6 760
-
total
7 875
-
46 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 656
136 500
-
-
income
14 798
20 476
-
-
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.

813
1 127
-
-
chamber of commerce
293
345
-
-
trade
15 538
21 499
-
-
total
31 442
43 447
-
-
Dividends
67 214
93 053
-
-
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.

903
1 258
-
-
withholding
16 428
22 887
-
-
total
17 331
24 145
-
-
Income
136 500
136 500
136 500
136 500
Total tax
56 648
67 592
46 854
61 107
After tax
79 852
68 908
89 646
75 393
Living cost
29 969
29 969
29 969
29 969
Free-cash
49 883
38 939
59 677
45 424

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32774
₽30020
₽28949
₽31903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 631
national
-
-
-
22 671
pensions
-
-
-
16 380
total
-
-
-
55 149
Employee
81 232
-
118 003
-
municipal
10 033
-
15 159
-
pensions
3 249
-
4 720
-
national
15 548
-
23 490
-
total
28 830
-
43 369
-
Employer
81 232
-
118 003
-
pensions
6 499
-
9 440
-
social contributions
873
-
1 269
-
total
7 372
-
10 709
-
Corporate
42 535
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%.

8 507
27 300
-
-
total
8 507
27 300
-
-
Dividends
34 028
109 200
-
-
withholding
7 486
24 024
-
-
total
7 486
24 024
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 195
51 324
54 078
55 149
After tax
84 305
85 176
82 422
81 351
Living cost
52 402
52 402
52 402
52 402
Free-cash
31 903
32 774
30 020
28 949

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88616
₽55926
₽21648
₽80498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
21 549
surtax
-
-
-
34 808
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.

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
94 267
Employee
28 912
-
110 001
-
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.

3 181
-
12 100
-
income
5 147
-
21 390
-
total
8 328
-
33 490
-
Employer
28 912
-
110 001
-
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.

6 964
-
26 499
-
surtax
-
-
-
-
total
6 964
-
26 499
-
Corporate
100 624
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%.

20 125
27 299
-
-
total
20 125
27 299
-
-
Dividends

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

80 499
109 201
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
35 417
27 299
59 989
94 267
After tax
101 083
109 201
76 511
42 233
Living cost
20 585
20 585
20 585
20 585
Free-cash
80 498
88 616
55 926
21 648

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25569
₽39039
₽36540
₽19506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 717
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
58 511
Employee
84 494
84 494
118 112
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
13 830
-
health
12 969
11 031
12 201
-
total
42 008
36 454
37 624
-
Employer
84 494
84 494
118 112
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
38 246
37 210
-
-
income
7 650
7 441
-
-
total
7 650
7 441
-
-
Dividends
30 597
29 768
-
-
income
6 502
6 326
-
-
withholding
4 589
4 465
-
-
total
11 091
10 791
-
-
Income
136 500
136 500
136 500
136 500
Total tax
75 545
69 482
56 012
58 511
After tax
60 955
67 018
80 488
77 989
Living cost
41 449
41 449
41 449
41 449
Free-cash
19 506
25 569
39 039
36 540

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33712
₽30466
₽31567
₽32797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
32 976
national
-
-
-
5 224
pensions
-
-
-
9 670
total
-
-
-
64 116
Employee
58 161
-
108 393
-
municipal
17 344
-
32 323
-
national
-
-
4 786
-
total
17 344
-
37 109
-
Employer
58 161
-
108 393
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
60 065
136 500
-
-
income
13 214
30 030
-
-
total
13 214
30 030
-
-
Dividends
46 851
106 470
-
-
withholding
14 055
31 941
-
-
total
14 055
31 941
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 886
61 971
65 217
64 116
After tax
73 614
74 529
71 283
72 384
Living cost
40 817
40 817
40 817
40 817
Free-cash
32 797
33 712
30 466
31 567

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29336
₽50777
₽35891
₽43238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
38 004
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.

-
-
-
2 090
health

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

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

-
-
-
6 760
trade
-
-
-
14 886
total
-
-
-
61 740
Employee

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

50 177
-
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.

237
-
2 090
-
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.

4 311
-
38 004
-
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.

6 760
-
6 760
-
total
11 308
-
46 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 323
136 500
-
-
income
12 948
20 476
-
-
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.

712
1 127
-
-
chamber of commerce
272
344
-
-
trade
14 201
22 455
-
-
total
28 133
44 402
-
-
Dividends
58 190
92 099
-
-
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.

779
1 245
-
-
withholding
14 173
22 648
-
-
total
14 952
23 893
-
-
Income
136 500
136 500
136 500
136 500
Total tax
54 393
68 295
46 854
61 740
After tax
82 107
68 205
89 646
74 760
Living cost
38 869
38 869
38 869
38 869
Free-cash
43 238
29 336
50 777
35 891

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
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.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67608
₽61793
₽63097
₽63506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 820
social contributions
-
-
-
16 009
health
-
-
-
3 481
total
-
-
-
41 310
Employee
76 083
76 083
125 658
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
21 118
-
health
757
1 294
2 137
-
total
12 443
14 652
31 772
-
Employer
76 083
76 083
125 658
-
health
824
1 408
2 325
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
10 842
-
Corporate
87 443
52 694
-
-
income
10 930
6 587
-
-
total
10 930
6 587
-
-
Dividends
76 513
46 107
-
-
withholding
13 007
7 837
-
-
total
13 007
7 837
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 901
36 799
42 614
41 310
After tax
95 599
99 701
93 886
95 190
Living cost
32 093
32 093
32 093
32 093
Free-cash
63 506
67 608
61 793
63 097

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58594
₽60963
₽76394
₽58972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 687
unemployment
-
-
-
2 047
health
-
-
-
9 555
pensions
-
-
-
13 650
total
-
-
-
41 939
Employee

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

The minimum wage is 138,000 HUF per month.

26 224
10 437
114 226
-
unemployment
393
157
1 713
-
pensions
2 622
1 044
11 423
-
income
3 206
1 276
13 964
-
health
1 836
731
7 996
-
total
8 057
3 208
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.

26 224
10 437
114 226
-
pensions
5 114
2 035
22 274
-
total
5 114
2 035
22 274
-
Corporate
105 162
124 028
-
-
income
9 465
11 163
-
-
total
9 465
11 163
-
-
Dividends
95 697
112 865
-
-
social contributions
18 542
21 889
-
-
withholding
18 183
21 444
-
-
total
36 725
43 333
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 361
59 739
57 370
41 939
After tax
77 139
76 761
79 130
94 561
Living cost
18 167
18 167
18 167
18 167
Free-cash
58 972
58 594
60 963
76 394

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85302
₽54778
₽49264
₽79155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 290
health
-
-
-
17 746
pensions
-
-
-
27 301
total
-
-
-
63 337
Employee
28 069
-
102 019
-
unemployment
449
-
1 632
-
pensions
561
-
2 041
-
income
3 160
-
19 668
-
total
4 170
-
23 341
-
Employer
28 069
-
102 019
-
health
3 648
-
13 262
-
pensions
5 614
-
20 403
-
unemployment
225
-
817
-
total
9 487
-
34 482
-
Corporate
98 943
136 500
-
-
income
19 789
27 299
-
-
total
19 789
27 299
-
-
Dividends
79 155
109 201
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
33 446
27 299
57 823
63 337
After tax
103 054
109 201
78 677
73 163
Living cost
23 899
23 899
23 899
23 899
Free-cash
79 155
85 302
54 778
49 264

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11006
₽50672
₽71394
₽7674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
253
income
-
-
-
36 059
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
43 044
Employee
34 705
-
120 487
-
pensions
3 908
-
7 651
-
income
4 761
-
26 307
-
health
3 974
-
13 796
-
total
12 643
-
47 754
-
Employer
34 705
-
120 487
-
pensions
5 643
-
11 048
-
accident
579
-
2 012
-
unemployment
850
-
2 952
-
total
7 072
-
16 012
-
Corporate
94 722
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.

85 249
122 850
-
-
total
85 249
122 850
-
-
Dividends
9 472
13 650
-
-
withholding
1 800
2 594
-
-
total
1 800
2 594
-
-
Income
136 500
136 500
136 500
136 500
Total tax
106 764
125 444
63 766
43 044
After tax
29 736
11 056
72 734
93 456
Living cost
22 062
22 062
22 062
22 062
Free-cash
7 674
-11 006
50 672
71 394

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121575
₽101100
₽127035
₽120056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 125
-
136 500
-
income
2 025
-
27 300
-
total
2 025
-
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%.

126 375
136 500
-
-
total
-
-
-
-
Dividends
126 375
136 500
-
-
withholding
6 319
6 825
-
-
total
6 319
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
8 344
6 825
27 300
1 365
After tax
128 156
129 675
109 200
135 135
Living cost
8 100
8 100
8 100
8 100
Free-cash
120 056
121 575
101 100
127 035

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73923
₽51902
₽46259
₽67240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 626
other
-
-
-
6 484
health
-
-
-
6 007
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.

-
-
-
32 759
total
-
-
-
63 876
Employee
35 926
-
109 024
-
unemployment
359
-
1 091
-
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.

2 514
-
7 633
-
income
6 185
-
20 506
-
health
503
-
1 527
-
total
9 561
-
30 757
-
Employer
35 926
-
109 024
-
health
503
-
1 527
-
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.

6 108
-
18 534
-
accident
287
-
873
-
unemployment
359
-
1 091
-
other
1 797
-
5 451
-
total
9 054
-
27 476
-
Corporate
91 520
136 500
-
-
income
19 220
28 664
-
-
total
19 220
28 664
-
-
Dividends
72 301
107 836
-
-
withholding
5 060
7 548
-
-
total
5 060
7 548
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 895
36 212
58 233
63 876
After tax
93 605
100 288
78 267
72 624
Living cost
26 365
26 365
26 365
26 365
Free-cash
67 240
73 923
51 902
46 259

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽27424
₽14814
₽27372
₽22795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 065
pensions
-
-
-
8 128
total
-
-
-
43 193
Employee
93 288
-
119 586
-
pensions
9 000
-
10 268
-
income
16 816
-
26 691
-
health
1 537
-
1 878
-
total
27 353
-
38 837
-
Employer
93 288
-
119 586
-
health
1 772
-
2 271
-
pensions
11 015
-
14 643
-
total
12 787
-
16 914
-
Corporate
30 426
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.

5 782
25 935
-
-
total
5 782
25 935
-
-
Dividends
24 644
110 565
-
-
withholding
1 848
17 206
-
-
total
1 848
17 206
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 770
43 141
55 751
43 193
After tax
88 730
93 359
80 749
93 307
Living cost
65 935
65 935
65 935
65 935
Free-cash
22 795
27 424
14 814
27 372

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103733
₽98769
₽93822
₽99138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 475
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
29 704
Employee
17 180
-
129 719
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
12 971
-
health
790
-
1 590
-
total
4 205
-
17 976
-
Employer
17 180
-
129 719
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
115 949
136 500
-
-
income
11 595
13 650
-
-
total
11 595
13 650
-
-
Dividends
104 355
122 850
-
-
withholding
5 217
6 143
-
-
total
5 217
6 143
-
-
Income
136 500
136 500
136 500
136 500
Total tax
24 388
19 793
24 757
29 704
After tax
112 112
116 707
111 743
106 796
Living cost
12 974
12 974
12 974
12 974
Free-cash
99 138
103 733
98 769
93 822

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12152
₽25622
₽23123
₽14639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 717
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
58 511
Employee
91 734
84 494
118 112
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
13 830
-
health
11 444
11 031
12 201
-
total
36 867
36 454
37 624
-
Employer
91 734
84 494
118 112
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
28 705
37 210
-
-
income
5 742
7 441
-
-
total
5 742
7 441
-
-
Dividends
22 963
29 768
-
-
income
4 880
6 326
-
-
withholding
3 444
4 465
-
-
total
8 324
10 791
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 995
69 482
56 012
58 511
After tax
69 505
67 018
80 488
77 989
Living cost
54 866
54 866
54 866
54 866
Free-cash
14 639
12 152
25 622
23 123

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
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.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69394
₽44683
₽45705
₽60623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 404
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
18 427
total
-
-
-
66 209
Employee
36 156
-
101 866
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
6 621
-
income
4 339
-
12 224
-
health
4 881
-
13 752
-
total
11 570
-
32 597
-
Employer
36 156
-
101 866
-
health
3 254
-
9 168
-
social contributions
9 039
-
25 466
-
total
12 293
-
34 634
-
Corporate
88 051
136 500
-
-
income
16 730
25 935
-
-
total
16 730
25 935
-
-
Dividends
71 321
110 565
-
-
withholding
10 698
16 585
-
-
total
10 698
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 291
42 520
67 231
66 209
After tax
85 209
93 980
69 269
70 291
Living cost
24 586
24 586
24 586
24 586
Free-cash
60 623
69 394
44 683
45 705

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31078
₽19145
₽25639
₽25909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 571
municipal
-
-
-
811
national
-
-
-
31 620
total
-
-
-
69 110
Employee
87 936
-
136 500
-
municipal
466
-
723
-
national
15 237
-
27 470
-
regional
830
-
1 384
-
social contributions
29 652
-
46 027
-
total
46 185
-
75 604
-
Employer
87 936
-
136 500
-
total
-
-
-
-
Corporate
48 564
136 500
-
-
municipal
1 895
5 323
-
-
nationa
11 655
32 759
-
-
total
13 550
38 082
-
-
Dividends
35 015
98 417
-
-
withholding
9 105
25 589
-
-
total
9 105
25 589
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 840
63 671
75 604
69 110
After tax
67 660
72 829
60 896
67 390
Living cost
41 751
41 751
41 751
41 751
Free-cash
25 909
31 078
19 145
25 639

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64025
₽40099
₽42936
₽60944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 325
other
-
-
-
-
surtax
-
-
-
4 394
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
71 730
Employee
32 720
-
112 765
-
other
-
-
-
-
unemployment
2 278
-
7 849
-
pensions
2 182
-
7 522
-
surtax
107
-
3 945
-
income
5 485
-
28 640
-
health
836
-
2 875
-
total
10 888
-
50 831
-
Employer
32 720
-
112 765
-
health
1 489
-
5 130
-
pensions
4 362
-
15 031
-
unemployment
1 036
-
3 575
-
other
-
-
-
-
total
6 887
-
23 736
-
Corporate
96 892
136 500
-
-
income
25 192
35 490
-
-
total
25 192
35 490
-
-
Dividends
71 700
101 010
-
-
withholding
10 755
15 151
-
-
total
10 755
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 722
50 641
74 567
71 730
After tax
82 778
85 859
61 933
64 770
Living cost
21 834
21 834
21 834
21 834
Free-cash
60 944
64 025
40 099
42 936

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48314
₽35704
₽48262
₽49470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 065
pensions
-
-
-
8 128
total
-
-
-
43 193
Employee
62 519
-
119 586
-
pensions
5 306
-
10 268
-
income
11 260
-
26 691
-
health
908
-
1 878
-
total
17 474
-
38 837
-
Employer
62 519
-
119 586
-
health
1 188
-
2 271
-
pensions
6 768
-
14 643
-
total
7 956
-
16 914
-
Corporate
66 026
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.

12 545
25 935
-
-
total
12 545
25 935
-
-
Dividends
53 481
110 565
-
-
withholding
4 010
17 206
-
-
total
4 010
17 206
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 985
43 141
55 751
43 193
After tax
94 515
93 359
80 749
93 307
Living cost
45 045
45 045
45 045
45 045
Free-cash
49 470
48 314
35 704
48 262

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15788
₽27423
₽34087
₽17672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 707
health
-
-
-
307
city
-
-
-
1 438
national
-
-
-
1 467
pensions
-
-
-
12 556
total
-
-
-
24 205
Employee
91 524
-
122 174
-
unemployment
-
-
-
-
pensions
7 689
-
10 264
-
national
433
-
1 155
-
regional
2 997
-
4 881
-
city
982
-
1 312
-
health
207
-
275
-
total
12 308
-
17 887
-
Employer
91 524
-
122 174
-
health
207
-
275
-
pensions
7 689
-
10 264
-
unemployment
-
-
-
-
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.

1 830
-
2 443
-
total
9 726
-
12 982
-
Corporate
34 244
136 500
-
-
regional
7 243
28 869
-
-
national
2 911
11 602
-
-
total
10 154
40 471
-
-
Dividends
24 090
96 029
-
-
withholding
8 432
33 609
-
-
total
8 432
33 609
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 620
74 080
30 869
24 205
After tax
95 880
62 420
105 631
112 295
Living cost
78 208
78 208
78 208
78 208
Free-cash
17 672
-15 788
27 423
34 087

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22175
₽44319
₽28798
₽38223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
38 004
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.

-
-
-
2 090
health

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

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

-
-
-
6 760
trade
-
-
-
15 521
total
-
-
-
62 375
Employee

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

59 464
-
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.

385
-
2 090
-
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.

6 992
-
38 004
-
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.

6 760
-
6 760
-
total
14 137
-
46 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 036
136 500
-
-
income
11 555
20 476
-
-
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.

635
1 127
-
-
chamber of commerce
259
342
-
-
trade
13 211
23 411
-
-
total
25 660
45 356
-
-
Dividends
51 376
91 145
-
-
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.

685
1 232
-
-
withholding
12 468
22 410
-
-
total
13 153
23 642
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 950
68 998
46 854
62 375
After tax
83 550
67 502
89 646
74 125
Living cost
45 327
45 327
45 327
45 327
Free-cash
38 223
22 175
44 319
28 798

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34943
₽45395
₽43680
₽40790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 312
other
-
-
-
4 232
surtax
-
-
-
-
social contributions
-
-
-
3 889
health
-
-
-
4 593
pensions
-
-
-
27 942
total
-
-
-
58 968
Employee
42 347
-
107 881
-
pensions
4 788
-
6 574
-
surtax
-
-
-
-
social contributions
1 207
-
3 074
-
income
2 499
-
18 986
-
total
8 494
-
28 634
-
Employer
42 347
-
107 881
-
health
2 965
-
8 882
-
pensions
6 957
-
11 233
-
unemployment
1 714
-
4 369
-
social contributions
128
-
323
-
other
1 461
-
3 812
-
total
13 225
-
28 619
-
Corporate
80 929
136 500
-
-
income
22 660
38 220
-
-
surtax
-
-
-
-
total
22 660
38 220
-
-
Dividends
58 270
98 280
-
-
surtax
-
-
-
-
social contributions
10 021
16 905
-
-
withholding
7 458
12 580
-
-
total
17 479
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 858
67 705
57 253
58 968
After tax
74 642
68 795
79 247
77 532
Living cost
33 852
33 852
33 852
33 852
Free-cash
40 790
34 943
45 395
43 680

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38297
₽48749
₽47034
₽43795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 312
other
-
-
-
4 232
surtax
-
-
-
-
social contributions
-
-
-
3 889
health
-
-
-
4 593
pensions
-
-
-
27 942
total
-
-
-
58 968
Employee
37 800
-
107 881
-
pensions
4 275
-
6 574
-
surtax
-
-
-
-
social contributions
1 078
-
3 074
-
income
1 949
-
18 986
-
total
7 302
-
28 634
-
Employer
37 800
-
107 881
-
health
2 646
-
8 882
-
pensions
6 211
-
11 233
-
unemployment
1 530
-
4 369
-
social contributions
113
-
323
-
other
1 305
-
3 812
-
total
11 805
-
28 619
-
Corporate
86 895
136 500
-
-
income
24 331
38 220
-
-
surtax
-
-
-
-
total
24 331
38 220
-
-
Dividends
62 564
98 280
-
-
surtax
-
-
-
-
social contributions
10 761
16 905
-
-
withholding
8 008
12 580
-
-
total
18 769
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 207
67 705
57 253
58 968
After tax
74 293
68 795
79 247
77 532
Living cost
30 498
30 498
30 498
30 498
Free-cash
43 795
38 297
48 749
47 034

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62295
₽64974
₽66679
₽62810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 476
social contributions
-
-
-
18 837
health
-
-
-
9 527
total
-
-
-
48 840
Employee
33 548
-
136 500
-
social contributions
4 630
-
18 837
-
income
5 595
-
22 181
-
health
2 341
-
9 527
-
total
12 566
-
50 545
-
Employer
33 548
-
136 500
-
total
-
-
-
-
Corporate
102 952
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%.

5 149
6 825
-
-
total
5 149
6 825
-
-
Dividends
97 804
129 675
-
-
social contributions
13 497
17 896
-
-
withholding
14 670
19 451
-
-
health
6 827
9 052
-
-
total
34 994
46 399
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 709
53 224
50 545
48 840
After tax
83 791
83 276
85 955
87 660
Living cost
20 981
20 981
20 981
20 981
Free-cash
62 810
62 295
64 974
66 679

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41021
₽1716
₽34342
₽39493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 257
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
546
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
67 294
Employee
49 448
39 431
105 844
-
other
494
394
1 059
-
unemployment
1 483
1 183
3 175
-
pensions
5 064
4 037
10 838
-
income
5 629
2 908
24 575
-
health
1 913
1 527
4 097
-
total
14 583
10 049
43 744
-
Employer
49 448
39 431
105 844
-
chamber of commerce
197
158
422
-
health
1 868
1 491
4 001
-
pensions
6 206
4 949
13 283
-
accident
642
513
1 376
-
unemployment
1 483
1 183
3 175
-
surtax
195
195
195
-
payroll
1 483
1 183
3 175
-
other
2 349
1 872
5 026
-
total
14 423
11 544
30 653
-
Corporate
72 628
85 525
102 090
-
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.

18 157
21 381
25 523
-
total
18 157
21 381
25 523
-
Dividends
54 471
64 145
-
-
withholding
14 980
17 641
-
-
total
14 980
17 641
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 143
60 615
99 920
67 294
After tax
74 357
75 885
36 580
69 206
Living cost
34 864
34 864
34 864
34 864
Free-cash
39 493
41 021
1 716
34 342

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40343
₽14092
₽24253
₽25505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
6 900
social contributions
-
-
-
21 500
national
-
-
-
47 771
total
-
-
-
76 171
Employee

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

70 775
-
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.

616
-
920
-
communal

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

3 691
-
5 515
-
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.

5 308
-
7 929
-
national
21 759
-
36 224
-
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.

3 325
-
4 970
-
total
34 699
-
55 558
-
Employer

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

70 775
-
105 721
-
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.

4 352
-
6 502
-
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.

6 271
-
9 368
-
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.

920
-
1 374
-
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.

1 033
-
1 543
-
surtax
8 025
-
11 987
-
total
20 601
-
30 774
-
Corporate
45 123
136 500
-
-
income
9 024
27 299
-
-
surtax
180
546
-
-
total
9 204
27 845
-
-
Dividends
35 919
108 654
-
-
withholding

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

10 415
32 236
-
-
total
10 415
32 236
-
-
Income
136 500
136 500
136 500
136 500
Total tax
74 919
60 081
86 332
76 171
After tax
61 581
76 419
50 168
60 329
Living cost
36 076
36 076
36 076
36 076
Free-cash
25 505
40 343
14 092
24 253

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55709
₽36245
₽41001
₽48269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
826
income
-
-
-
32 253
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
59 766
Employee
49 252
-
107 263
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
29 461
-
total
13 520
-
35 285
-
Employer
49 252
-
107 263
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
71 549
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.

10 733
20 476
-
-
total
10 733
20 476
-
-
Dividends
60 816
116 024
-
-
withholding
12 546
24 582
-
-
total
12 546
24 582
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 498
45 058
64 522
59 766
After tax
84 002
91 442
71 978
76 734
Living cost
35 733
35 733
35 733
35 733
Free-cash
48 269
55 709
36 245
41 001

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28001
₽23391
₽17948
₽17471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
8 626
accident
-
-
-
1 151
income
-
-
-
18 188
surtax
-
-
-
6 767
health
-
-
-
9 591
pensions
-
-
-
20 459
total
-
-
-
64 782
Employee
74 930
-
121 931
-
pensions
5 993
-
9 754
-
surtax
4 593
-
7 473
-
income
7 237
-
22 118
-
health
3 335
-
5 425
-
total
21 158
-
44 770
-
Employer
74 930
-
121 931
-
health
2 285
-
3 718
-
pensions
5 993
-
9 754
-
accident
674
-
1 097
-
total
8 952
-
14 569
-
Corporate
52 618
136 500
-
-
communal
3 553
9 214
-
-
income
7 892
20 476
-
-
surtax
552
1 433
-
-
total
11 997
31 123
-
-
Dividends
40 621
105 378
-
-
income
17 059
7 800
-
-
withholding
6 093
15 806
-
-
total
23 152
23 606
-
-
Income
136 500
136 500
136 500
136 500
Total tax
65 259
54 729
59 339
64 782
After tax
71 241
81 771
77 161
71 718
Living cost
53 770
53 770
53 770
53 770
Free-cash
17 471
28 001
23 391
17 948

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63635
₽39709
₽42546
₽60487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 325
other
-
-
-
-
surtax
-
-
-
4 394
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
71 730
Employee
33 321
-
112 765
-
other
-
-
-
-
unemployment
2 319
-
7 849
-
pensions
2 223
-
7 522
-
surtax
118
-
3 945
-
income
5 586
-
28 640
-
health
851
-
2 875
-
total
11 097
-
50 831
-
Employer
33 321
-
112 765
-
health
1 515
-
5 130
-
pensions
4 443
-
15 031
-
unemployment
1 057
-
3 575
-
other
-
-
-
-
total
7 015
-
23 736
-
Corporate
96 164
136 500
-
-
income
25 003
35 490
-
-
total
25 003
35 490
-
-
Dividends
71 161
101 010
-
-
withholding
10 674
15 151
-
-
total
10 674
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 789
50 641
74 567
71 730
After tax
82 711
85 859
61 933
64 770
Living cost
22 224
22 224
22 224
22 224
Free-cash
60 487
63 635
39 709
42 546

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45095
₽33790
₽40249
₽42898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 059
municipal
-
-
-
811
national
-
-
-
31 620
total
-
-
-
69 598
Employee
54 886
-
136 500
-
municipal
291
-
723
-
national
8 695
-
27 470
-
regional
739
-
1 837
-
social contributions
18 508
-
46 027
-
total
28 233
-
76 057
-
Employer
54 886
-
136 500
-
total
-
-
-
-
Corporate
81 614
136 500
-
-
municipal
4 056
6 784
-
-
nationa
19 588
32 759
-
-
total
23 644
39 543
-
-
Dividends
57 971
96 957
-
-
withholding
15 072
25 209
-
-
total
15 072
25 209
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 949
64 752
76 057
69 598
After tax
69 551
71 748
60 443
66 902
Living cost
26 653
26 653
26 653
26 653
Free-cash
42 898
45 095
33 790
40 249

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63683
₽38972
₽39994
₽52875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 404
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
18 427
total
-
-
-
66 209
Employee
44 554
-
101 866
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
6 621
-
income
5 346
-
12 224
-
health
6 015
-
13 752
-
total
14 257
-
32 597
-
Employer
44 554
-
101 866
-
health
4 010
-
9 168
-
social contributions
11 138
-
25 466
-
total
15 148
-
34 634
-
Corporate
76 798
136 500
-
-
income
14 592
25 935
-
-
total
14 592
25 935
-
-
Dividends
62 206
110 565
-
-
withholding
9 331
16 585
-
-
total
9 331
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 328
42 520
67 231
66 209
After tax
83 172
93 980
69 269
70 291
Living cost
30 297
30 297
30 297
30 297
Free-cash
52 875
63 683
38 972
39 994

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44425
₽5051
₽37834
₽43938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 257
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
546
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
67 099
Employee
43 251
39 431
105 990
-
other
432
394
1 059
-
unemployment
1 297
1 183
3 179
-
pensions
4 429
4 037
10 853
-
income
3 853
2 908
24 625
-
health
1 673
1 527
4 103
-
total
11 684
10 049
43 819
-
Employer
43 251
39 431
105 990
-
chamber of commerce
173
158
424
-
health
1 635
1 491
4 007
-
pensions
5 428
4 949
13 301
-
accident
561
513
1 378
-
unemployment
1 297
1 183
3 179
-
surtax
-
-
-
-
payroll
1 297
1 183
3 179
-
other
2 054
1 872
5 034
-
total
12 445
11 349
30 502
-
Corporate
80 802
85 721
102 242
-
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.

20 200
21 430
25 561
-
total
20 200
21 430
25 561
-
Dividends
60 602
64 291
-
-
withholding
16 666
17 680
-
-
total
16 666
17 680
-
-
Income
136 500
136 500
136 500
136 500
Total tax
60 995
60 508
99 882
67 099
After tax
75 505
75 992
36 618
69 401
Living cost
31 567
31 567
31 567
31 567
Free-cash
43 938
44 425
5 051
37 834

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
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.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117052
₽96577
₽122512
₽114685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
136 500
-
income
3 156
-
27 300
-
total
3 156
-
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%.

120 721
136 500
-
-
total
-
-
-
-
Dividends
120 721
136 500
-
-
withholding
6 036
6 825
-
-
total
6 036
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
9 192
6 825
27 300
1 365
After tax
127 308
129 675
109 200
135 135
Living cost
12 623
12 623
12 623
12 623
Free-cash
114 685
117 052
96 577
122 512

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67442
₽38431
₽42046
₽59164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
29 351
unemployment
-
-
-
205
health
-
-
-
13 431
pensions
-
-
-
24 928
total
-
-
-
67 915
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.

43 753
-
118 110
-
unemployment
62
-
165
-
pensions
6 782
-
18 307
-
income
7 545
-
27 038
-
health
2 826
-
7 631
-
total
17 215
-
53 141
-
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.

43 753
-
118 110
-
health
2 914
-
7 865
-
pensions
3 872
-
10 453
-
unemployment
26
-
71
-
total
6 812
-
18 389
-
Corporate
85 934
136 500
-
-
income
16 328
25 934
-
-
total
16 328
25 934
-
-
Dividends
69 606
110 566
-
-
withholding
10 442
16 585
-
-
total
10 442
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 797
42 519
71 530
67 915
After tax
85 703
93 981
64 970
68 585
Living cost
26 539
26 539
26 539
26 539
Free-cash
59 164
67 442
38 431
42 046

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39620
₽79832
₽50905
-₽13566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 607
social contributions
-
-
-
15 561
total
-
-
-
42 168
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
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
106 639
53 453
13 241
42 168
After tax
29 861
83 047
123 259
94 332
Living cost
43 427
43 427
43 427
43 427
Free-cash
-13 566
39 620
79 832
50 905

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46605
₽34143
₽43350
₽45609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 681
surtax
-
-
-
-
social contributions

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

-
-
-
47 433
total
-
-
-
62 114
Employee
45 507
-
110 303
-
surtax
-
-
-
-
social contributions
5 006
-
12 133
-
income
9 466
-
32 991
-
total
14 472
-
45 124
-
Employer
45 507
-
110 303
-
social contributions
10 808
-
26 197
-
total
10 808
-
26 197
-
Corporate
80 186
136 500
-
-
income
16 839
28 664
-
-
surtax
-
-
-
-
total
16 839
28 664
-
-
Dividends
63 347
107 836
-
-
withholding
17 736
30 195
-
-
total
17 736
30 195
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 855
58 859
71 321
62 114
After tax
76 645
77 641
65 179
74 386
Living cost
31 036
31 036
31 036
31 036
Free-cash
45 609
46 605
34 143
43 350

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21006
₽31458
₽29743
₽27808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 312
other
-
-
-
4 232
surtax
-
-
-
-
social contributions
-
-
-
3 889
health
-
-
-
4 593
pensions
-
-
-
27 942
total
-
-
-
58 968
Employee
61 971
-
107 881
-
pensions
7 009
-
6 574
-
surtax
-
-
-
-
social contributions
1 765
-
3 074
-
income
5 407
-
18 986
-
total
14 181
-
28 634
-
Employer
61 971
-
107 881
-
health
4 337
-
8 882
-
pensions
10 183
-
11 233
-
unemployment
2 510
-
4 369
-
social contributions
186
-
323
-
other
2 139
-
3 812
-
total
19 355
-
28 619
-
Corporate
55 174
136 500
-
-
income
15 449
38 220
-
-
surtax
-
-
-
-
total
15 449
38 220
-
-
Dividends
39 725
98 280
-
-
surtax
-
-
-
-
social contributions
6 833
16 905
-
-
withholding
5 085
12 580
-
-
total
11 918
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
60 903
67 705
57 253
58 968
After tax
75 597
68 795
79 247
77 532
Living cost
47 789
47 789
47 789
47 789
Free-cash
27 808
21 006
31 458
29 743

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93107
₽75717
₽72089
₽89784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 638
social contributions
-
-
-
30 031
total
-
-
-
34 669
Employee
31 810
-
118 182
-
income
-
-
5 042
-
social contributions
2 067
-
7 681
-
total
2 067
-
12 723
-
Employer
31 810
-
118 182
-
social contributions
4 931
-
18 318
-
total
4 931
-
18 318
-
Corporate
99 760
136 500
-
-
income
9 976
13 651
-
-
total
9 976
13 651
-
-
Dividends
89 784
122 849
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
16 974
13 651
31 041
34 669
After tax
119 526
122 849
105 459
101 831
Living cost
29 742
29 742
29 742
29 742
Free-cash
89 784
93 107
75 717
72 089

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽78969
-₽78969
₽35056
-₽78969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 851
municipal
-
-
-
27 314
national
-
-
-
14 794
pensions
-
-
-
857
total
-
-
-
53 816
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
167 841
167 841
167 841
53 816
After tax
-31 341
-31 341
-31 341
82 684
Living cost
47 628
47 628
47 628
47 628
Free-cash
-78 969
-78 969
-78 969
35 056

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10681
₽50997
₽71719
₽7723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
253
income
-
-
-
36 059
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
43 044
Employee
34 194
-
120 487
-
pensions
3 850
-
7 651
-
income
4 691
-
26 307
-
health
3 915
-
13 796
-
total
12 456
-
47 754
-
Employer
34 194
-
120 487
-
pensions
5 560
-
11 048
-
accident
571
-
2 012
-
unemployment
838
-
2 952
-
total
6 969
-
16 012
-
Corporate
95 338
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.

85 804
122 850
-
-
total
85 804
122 850
-
-
Dividends
9 534
13 650
-
-
withholding
1 811
2 594
-
-
total
1 811
2 594
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 040
125 444
63 766
43 044
After tax
29 460
11 056
72 734
93 456
Living cost
21 737
21 737
21 737
21 737
Free-cash
7 723
-10 681
50 997
71 719

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49896
₽36021
₽54738
₽50934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 690
municipal
-
-
-
24 265
national
-
-
-
17 820
total
-
-
-
43 775
Employee
52 057
-
114 830
-
municipal
8 526
-
18 720
-
unemployment
781
-
1 722
-
pensions
3 513
-
7 751
-
national
860
-
11 273
-
health
389
-
1 356
-
total
14 069
-
40 822
-
Employer
52 057
-
114 830
-
health
400
-
884
-
pensions
9 032
-
19 924
-
accident
53
-
115
-
unemployment
338
-
747
-
total
9 823
-
21 670
-
Corporate
74 621
136 500
-
-
income
14 924
27 299
-
-
total
14 924
27 299
-
-
Dividends

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

44 773
81 901
-
-
municipal
8 059
14 741
-
-
national
704
6 577
-
-
total
8 763
21 318
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 579
48 617
62 492
43 775
After tax
88 921
87 883
74 008
92 725
Living cost
37 987
37 987
37 987
37 987
Free-cash
50 934
49 896
36 021
54 738

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76793
₽70978
₽72282
₽71408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 820
social contributions
-
-
-
16 009
health
-
-
-
3 481
total
-
-
-
41 310
Employee
76 083
76 083
125 658
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
21 118
-
health
590
1 294
2 137
-
total
11 751
14 652
31 772
-
Employer
76 083
76 083
125 658
-
health
640
1 408
2 325
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
10 842
-
Corporate
98 324
52 694
-
-
income
12 291
6 587
-
-
total
12 291
6 587
-
-
Dividends
86 033
46 107
-
-
withholding
14 625
7 837
-
-
total
14 625
7 837
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 184
36 799
42 614
41 310
After tax
94 316
99 701
93 886
95 190
Living cost
22 908
22 908
22 908
22 908
Free-cash
71 408
76 793
70 978
72 282

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97326
₽77467
₽97312
₽92294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 576
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
23 479
Employee

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

22 711
-
126 830
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
11 123
-
health
1 930
-
7 980
-
total
7 002
-
33 654
-
Employer

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

22 711
-
126 830
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
111 451
136 500
-
-
income
10 030
12 285
-
-
total
10 030
12 285
-
-
Dividends
101 421
124 215
-
-
withholding
9 127
11 180
-
-
total
9 127
11 180
-
-
Income
136 500
136 500
136 500
136 500
Total tax
28 497
23 465
43 324
23 479
After tax
108 003
113 035
93 176
113 021
Living cost
15 709
15 709
15 709
15 709
Free-cash
92 294
97 326
77 467
97 312

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64233
₽44769
₽49525
₽59486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
826
income
-
-
-
32 253
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
59 766
Employee
36 586
-
107 263
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
29 461
-
total
9 376
-
35 285
-
Employer
36 586
-
107 263
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
88 250
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.

13 237
20 476
-
-
total
13 237
20 476
-
-
Dividends
75 013
116 024
-
-
withholding
15 528
24 582
-
-
total
15 528
24 582
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 805
45 058
64 522
59 766
After tax
86 695
91 442
71 978
76 734
Living cost
27 209
27 209
27 209
27 209
Free-cash
59 486
64 233
44 769
49 525

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83241
₽85516
₽85654
₽82924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 477
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
48 911
Employee
2 947
-
134 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
46 403
-
health
147
-
353
-
total
1 011
-
47 462
-
Employer
2 947
-
134 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
132 890
136 500
-
-
income
29 236
30 030
-
-
total
29 236
30 030
-
-
Dividends
103 654
106 470
-
-
withholding
20 731
21 294
-
-
total
20 731
21 294
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 641
51 324
49 049
48 911
After tax
84 859
85 176
87 451
87 589
Living cost
1 935
1 935
1 935
1 935
Free-cash
82 924
83 241
85 516
85 654

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81511
₽61759
₽61759
₽76643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
29 992
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
57 631
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.

25 801
-
123 412
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
29 992
-
health
1 329
-
3 766
-
total
8 691
-
44 543
-
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.

25 801
-
123 412
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
106 080
136 500
-
-
income
15 912
20 475
-
-
total
15 912
20 475
-
-
Dividends
90 168
116 025
-
-
withholding
13 525
17 404
-
-
total
13 525
17 404
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 747
37 879
57 631
57 631
After tax
93 753
98 621
78 869
78 869
Living cost
17 110
17 110
17 110
17 110
Free-cash
76 643
81 511
61 759
61 759

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽50966
₽38504
₽47711
₽50609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 681
surtax
-
-
-
-
social contributions

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

-
-
-
47 433
total
-
-
-
62 114
Employee
38 403
-
110 303
-
surtax
-
-
-
-
social contributions
4 225
-
12 133
-
income
7 504
-
32 991
-
total
11 729
-
45 124
-
Employer
38 403
-
110 303
-
social contributions
9 120
-
26 197
-
total
9 120
-
26 197
-
Corporate
88 978
136 500
-
-
income
18 685
28 664
-
-
surtax
-
-
-
-
total
18 685
28 664
-
-
Dividends
70 293
107 836
-
-
withholding
19 682
30 195
-
-
total
19 682
30 195
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 216
58 859
71 321
62 114
After tax
77 284
77 641
65 179
74 386
Living cost
26 675
26 675
26 675
26 675
Free-cash
50 609
50 966
38 504
47 711

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56669
₽37205
₽41961
₽49566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
826
income
-
-
-
32 253
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
59 766
Employee
47 786
-
107 263
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
29 461
-
total
13 014
-
35 285
-
Employer
47 786
-
107 263
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
73 479
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.

11 022
20 476
-
-
total
11 022
20 476
-
-
Dividends
62 457
116 024
-
-
withholding
12 890
24 582
-
-
total
12 890
24 582
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 161
45 058
64 522
59 766
After tax
84 339
91 442
71 978
76 734
Living cost
34 773
34 773
34 773
34 773
Free-cash
49 566
56 669
37 205
41 961

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99684
₽94720
₽89773
₽93655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 475
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
29 704
Employee
22 540
-
129 719
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
12 971
-
health
1 037
-
1 590
-
total
5 518
-
17 976
-
Employer
22 540
-
129 719
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
109 537
136 500
-
-
income
10 953
13 650
-
-
total
10 953
13 650
-
-
Dividends
98 584
122 850
-
-
withholding
4 929
6 143
-
-
total
4 929
6 143
-
-
Income
136 500
136 500
136 500
136 500
Total tax
25 822
19 793
24 757
29 704
After tax
110 678
116 707
111 743
106 796
Living cost
17 023
17 023
17 023
17 023
Free-cash
93 655
99 684
94 720
89 773

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32110
₽51446
₽38460
₽45056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
38 004
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.

-
-
-
2 090
health

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

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

-
-
-
6 760
trade
-
-
-
12 986
total
-
-
-
59 840
Employee

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

49 231
-
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.

223
-
2 090
-
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.

4 048
-
38 004
-
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.

6 760
-
6 760
-
total
11 031
-
46 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 269
136 500
-
-
income
13 091
20 476
-
-
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.

719
1 127
-
-
chamber of commerce
278
351
-
-
trade
12 524
19 588
-
-
total
26 612
41 542
-
-
Dividends
60 657
94 959
-
-
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.

813
1 284
-
-
withholding
14 788
23 364
-
-
total
15 601
24 648
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 244
66 190
46 854
59 840
After tax
83 256
70 310
89 646
76 660
Living cost
38 200
38 200
38 200
38 200
Free-cash
45 056
32 110
51 446
38 460

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
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.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39187
₽19992
₽19992
₽41372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 246
social contributions
-
-
-
21 899
total
-
-
-
60 145
Employee
77 397
-
136 500
-
income
14 604
-
38 246
-
social contributions
6 430
-
21 899
-
total
21 034
-
60 145
-
Employer
77 397
-
136 500
-
total
-
-
-
-
Corporate
59 103
136 500
-
-
income
7 389
17 062
-
-
total
7 389
17 062
-
-
Dividends
51 715
119 438
-
-
withholding
10 342
23 888
-
-
total
10 342
23 888
-
-
Income
136 500
136 500
136 500
136 500
Total tax
38 765
40 950
60 145
60 145
After tax
97 735
95 550
76 355
76 355
Living cost
56 363
56 363
56 363
56 363
Free-cash
41 372
39 187
19 992
19 992

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47581
₽63444
₽66413
₽51039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
131 949
-
income
4 925
-
28 037
-
social contributions
4 548
-
4 551
-
total
9 473
-
32 588
-
Employer
45 390
-
131 949
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
86 563
136 500
-
-
income
30 296
47 775
-
-
total
30 296
47 775
-
-
Dividends
56 267
88 725
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 544
53 002
37 139
34 170
After tax
86 956
83 498
99 361
102 330
Living cost
35 917
35 917
35 917
35 917
Free-cash
51 039
47 581
63 444
66 413

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56739
₽44129
₽56687
₽60090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 065
pensions
-
-
-
8 128
total
-
-
-
43 193
Employee
50 266
-
119 586
-
pensions
3 837
-
10 268
-
income
9 154
-
26 691
-
health
656
-
1 878
-
total
13 647
-
38 837
-
Employer
50 266
-
119 586
-
health
955
-
2 271
-
pensions
5 078
-
14 643
-
total
6 033
-
16 914
-
Corporate
80 200
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.

15 238
25 935
-
-
total
15 238
25 935
-
-
Dividends
64 963
110 565
-
-
withholding
4 872
17 206
-
-
total
4 872
17 206
-
-
Income
136 500
136 500
136 500
136 500
Total tax
39 790
43 141
55 751
43 193
After tax
96 710
93 359
80 749
93 307
Living cost
36 620
36 620
36 620
36 620
Free-cash
60 090
56 739
44 129
56 687

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12833
₽48845
₽69567
₽7392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
253
income
-
-
-
36 059
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
43 044
Employee
37 578
-
120 487
-
pensions
4 231
-
7 651
-
income
5 155
-
26 307
-
health
4 303
-
13 796
-
total
13 689
-
47 754
-
Employer
37 578
-
120 487
-
pensions
6 110
-
11 048
-
accident
628
-
2 012
-
unemployment
921
-
2 952
-
total
7 659
-
16 012
-
Corporate
91 264
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.

82 137
122 850
-
-
total
82 137
122 850
-
-
Dividends
9 127
13 650
-
-
withholding
1 734
2 594
-
-
total
1 734
2 594
-
-
Income
136 500
136 500
136 500
136 500
Total tax
105 219
125 444
63 766
43 044
After tax
31 281
11 056
72 734
93 456
Living cost
23 889
23 889
23 889
23 889
Free-cash
7 392
-12 833
48 845
69 567

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101496
₽79433
₽63661
₽96864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 933
unemployment
-
-
-
1 638
work injury
-
-
-
682
health insurance
-
-
-
10 101
pensions
-
-
-
25 116
total
-
-
-
59 470
Employee

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

21 391
-
136 500
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
21 933
-
total
8 022
-
43 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 109
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%.

1 151
1 365
-
-
total
1 151
1 365
-
-
Dividends
113 958
135 135
-
-
withholding
17 094
20 270
-
-
total
17 094
20 270
-
-
Income
136 500
136 500
136 500
136 500
Total tax
26 267
21 635
43 698
59 470
After tax
110 233
114 865
92 802
77 030
Living cost
13 369
13 369
13 369
13 369
Free-cash
96 864
101 496
79 433
63 661

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
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.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32483
₽20128
₽26369
₽27981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 073
municipal
-
-
-
913
national
-
-
-
31 620
total
-
-
-
70 714
Employee
83 377
-
136 500
-
municipal
498
-
815
-
national
14 090
-
27 470
-
regional
1 259
-
2 643
-
social contributions
28 114
-
46 027
-
total
43 961
-
76 955
-
Employer
83 377
-
136 500
-
total
-
-
-
-
Corporate
53 123
136 500
-
-
municipal
2 561
6 579
-
-
nationa
12 749
32 759
-
-
total
15 310
39 338
-
-
Dividends
37 813
97 161
-
-
withholding
9 831
25 262
-
-
total
9 831
25 262
-
-
Income
136 500
136 500
136 500
136 500
Total tax
69 102
64 600
76 955
70 714
After tax
67 398
71 900
59 545
65 786
Living cost
39 417
39 417
39 417
39 417
Free-cash
27 981
32 483
20 128
26 369

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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