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
₽50606
₽40078
₽60306
₽45774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 532
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.

-
-
-
38 747
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.

-
-
-
6 500
surtax

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

-
-
-
2 130
total
-
-
-
61 909
Employee

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

36 389
-
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.

56
-
2 130
-
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.

6 500
-
6 500
-
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.

1 016
-
38 747
-
total
7 572
-
47 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 111
136 500
-
-
trade
15 767
21 499
-
-
income
15 016
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.

825
1 127
-
-
chamber of commerce
289
341
-
-
total
31 897
43 443
-
-
Dividends
68 214
93 057
-
-
withholding
16 691
22 902
-
-
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.

917
1 260
-
-
total
17 608
24 162
-
-
Income
136 500
136 500
136 500
136 500
Total tax
57 077
67 605
47 377
61 909
After tax
79 423
68 895
89 123
74 591
Living cost
28 817
28 817
28 817
28 817
Free-cash
50 606
40 078
60 306
45 774

Estimated living cost  is ₽28817 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35616
₽36427
₽33443
₽32372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
1 467
pensions
-
-
-
16 380
municipal
-
-
-
14 721
national
-
-
-
22 811
total
-
-
-
55 379
Employee
75 570
-
118 003
-
national
14 464
-
23 630
-
municipal
9 334
-
15 249
-
pensions
3 023
-
4 720
-
total
26 821
-
43 599
-
Employer
75 570
-
118 003
-
pensions
6 046
-
9 440
-
social contributions
812
-
1 269
-
total
6 858
-
10 709
-
Corporate
49 085
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%.

9 817
27 300
-
-
total
9 817
27 300
-
-
Dividends
39 268
109 200
-
-
withholding
8 639
24 024
-
-
total
8 639
24 024
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 135
51 324
54 308
55 379
After tax
84 365
85 176
82 192
81 121
Living cost
48 749
48 749
48 749
48 749
Free-cash
35 616
36 427
33 443
32 372

Estimated living cost  is ₽48749 per week

₽33134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽730
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81604
₽89407
₽56674
₽23521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
136 500
social contributions

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

-
-
-
36 452
income
-
-
-
21 927
microenterprise
-
-
-
-
surtax
-
-
-
34 807
total
-
-
-
93 186
Employee
27 800
-
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.

3 058
-
12 100
-
income
4 949
-
21 434
-
total
8 007
-
33 534
-
Employer
27 800
-
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.

6 696
-
26 499
-
surtax
-
-
-
-
total
6 696
-
26 499
-
Corporate
102 003
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%.

20 400
27 300
-
-
total
20 400
27 300
-
-
Dividends

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

81 603
109 200
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
35 103
27 300
60 033
93 186
After tax
101 397
109 200
76 467
43 314
Living cost
19 793
19 793
19 793
19 793
Free-cash
81 604
89 407
56 674
23 521

Estimated living cost  is ₽19793 per week

₽12627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21434
₽27262
₽42053
₽37666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 100
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
58 979
Employee
81 246
81 246
118 819
-
health
12 470
10 607
11 732
-
pensions
14 624
11 147
11 147
-
income

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

13 299
13 299
14 032
-
total
40 393
35 053
36 911
-
Employer
81 246
81 246
118 819
-
pensions
5 655
5 655
7 029
-
unemployment
2 925
2 925
3 634
-
health
5 647
5 647
7 018
-
total
14 227
14 227
17 681
-
Corporate
42 024
41 027
-
-
income
8 404
8 206
-
-
total
8 404
8 206
-
-
Dividends
33 620
32 821
-
-
withholding
5 043
4 923
-
-
income
7 144
6 974
-
-
total
12 187
11 897
-
-
Income
136 500
136 500
136 500
136 500
Total tax
75 211
69 383
54 592
58 979
After tax
61 289
67 117
81 908
77 521
Living cost
39 855
39 855
39 855
39 855
Free-cash
21 434
27 262
42 053
37 666

Estimated living cost  is ₽39855 per week

₽28245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34391
₽35273
₽31923
₽32980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 997
unemployment
-
-
-
86
pensions
-
-
-
9 300
municipal
-
-
-
33 272
accident
-
-
-
172
national
-
-
-
6 069
health
-
-
-
5 368
total
-
-
-
64 264
Employee
55 936
-
109 468
-
national
-
-
5 647
-
municipal
16 680
-
32 643
-
total
16 680
-
38 290
-
Employer
55 936
-
109 468
-
other
6 500
-
9 997
-
accident
112
-
172
-
pensions
6 047
-
9 300
-
unemployment
1 477
-
2 271
-
health
3 440
-
5 291
-
total
17 576
-
27 031
-
Corporate
62 989
136 500
-
-
income
13 858
30 030
-
-
total
13 858
30 030
-
-
Dividends
49 132
106 470
-
-
withholding
14 739
31 941
-
-
total
14 739
31 941
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 853
61 971
65 321
64 264
After tax
73 647
74 529
71 179
72 236
Living cost
39 256
39 256
39 256
39 256
Free-cash
34 391
35 273
31 923
32 980

Estimated living cost  is ₽39256 per week

₽26017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44188
₽30818
₽51748
₽36569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 179
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.

-
-
-
38 747
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.

-
-
-
6 500
surtax

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

-
-
-
2 130
total
-
-
-
62 556
Employee

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

48 247
-
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.

227
-
2 130
-
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.

6 500
-
6 500
-
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.

4 145
-
38 747
-
total
10 872
-
47 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 253
136 500
-
-
trade
14 518
22 455
-
-
income
13 238
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.

728
1 127
-
-
chamber of commerce
271
339
-
-
total
28 755
44 397
-
-
Dividends
59 499
92 104
-
-
withholding
14 512
22 664
-
-
surtax

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

798
1 246
-
-
total
15 310
23 910
-
-
Income
136 500
136 500
136 500
136 500
Total tax
54 937
68 307
47 377
62 556
After tax
81 563
68 193
89 123
73 944
Living cost
37 375
37 375
37 375
37 375
Free-cash
44 188
30 818
51 748
36 569

Estimated living cost  is ₽37375 per week

₽24997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽64873
₽68820
₽62710
₽63995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 393
income
-
-
-
22 772
health
-
-
-
3 481
total
-
-
-
41 646
Employee
73 158
73 158
125 980
-
health
728
1 244
2 141
-
social contributions
3 555
6 072
8 190
-
income
7 682
6 772
22 079
-
total
11 965
14 088
32 410
-
Employer
73 158
73 158
125 980
-
social contributions
3 555
6 072
8 190
-
health
793
1 354
2 331
-
total
4 348
7 426
10 521
-
Corporate
89 329
55 916
-
-
income
11 167
6 989
-
-
total
11 167
6 989
-
-
Dividends
78 162
48 927
-
-
withholding
13 288
8 318
-
-
total
13 288
8 318
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 768
36 821
42 931
41 646
After tax
95 732
99 679
93 569
94 854
Living cost
30 859
30 859
30 859
30 859
Free-cash
64 873
68 820
62 710
63 995

Estimated living cost  is ₽30859 per week

₽21095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
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.
₽6835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59622
₽59259
₽61641
₽77071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 048
income
-
-
-
16 687
pensions
-
-
-
13 650
health
-
-
-
9 555
total
-
-
-
41 940
Employee

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

The minimum wage is 138,000 HUF per month.

25 246
10 047
114 226
-
unemployment
379
151
1 713
-
health
1 767
703
7 996
-
pensions
2 525
1 005
11 423
-
income
3 086
1 228
13 964
-
total
7 757
3 087
35 096
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 246
10 047
114 226
-
pensions
4 923
1 959
22 274
-
total
4 923
1 959
22 274
-
Corporate
106 331
124 493
-
-
income
9 570
11 204
-
-
total
9 570
11 204
-
-
Dividends
96 762
113 289
-
-
withholding
18 385
21 525
-
-
social contributions
18 754
21 977
-
-
total
37 139
43 502
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 389
59 752
57 370
41 940
After tax
77 111
76 748
79 130
94 560
Living cost
17 489
17 489
17 489
17 489
Free-cash
59 622
59 259
61 641
77 071

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80309
₽86220
₽55696
₽50183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 291
pensions
-
-
-
27 300
health
-
-
-
17 746
total
-
-
-
63 337
Employee
26 990
-
102 018
-
unemployment
432
-
1 632
-
pensions
540
-
2 040
-
income
3 039
-
19 669
-
total
4 011
-
23 341
-
Employer
26 990
-
102 018
-
pensions
5 398
-
20 404
-
unemployment
217
-
816
-
health
3 508
-
13 263
-
total
9 123
-
34 483
-
Corporate
100 387
136 500
-
-
income
20 077
27 300
-
-
total
20 077
27 300
-
-
Dividends
80 311
109 200
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
33 211
27 300
57 824
63 337
After tax
103 289
109 200
78 676
73 163
Living cost
22 980
22 980
22 980
22 980
Free-cash
80 309
86 220
55 696
50 183

Estimated living cost  is ₽22980 per week

₽15762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7768
-₽10383
₽51469
₽71999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
income
-
-
-
36 274
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
43 061
Employee
33 727
-
120 787
-
health
3 862
-
13 830
-
pensions
3 798
-
7 435
-
income
4 627
-
26 613
-
total
12 287
-
47 878
-
Employer
33 727
-
120 787
-
accident
563
-
2 017
-
pensions
5 484
-
10 737
-
unemployment
826
-
2 959
-
total
6 873
-
15 713
-
Corporate
95 900
136 500
-
-
income

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

86 310
122 850
-
-
total
86 310
122 850
-
-
Dividends
9 590
13 650
-
-
withholding
1 822
2 593
-
-
total
1 822
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 292
125 443
63 591
43 061
After tax
29 208
11 057
72 909
93 439
Living cost
21 440
21 440
21 440
21 440
Free-cash
7 768
-10 383
51 469
71 999

Estimated living cost  is ₽21440 per week

₽15714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120444
₽121901
₽101426
₽127361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
microenterprise

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

-
-
-
1 365
total
-
-
-
1 365
Employee
9 718
-
136 500
-
income
1 943
-
27 300
-
total
1 943
-
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%.

126 782
136 500
-
-
total
-
-
-
-
Dividends
126 782
136 500
-
-
withholding
6 339
6 825
-
-
total
6 339
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
8 282
6 825
27 300
1 365
After tax
128 218
129 675
109 200
135 135
Living cost
7 774
7 774
7 774
7 774
Free-cash
120 444
121 901
101 426
127 361

Estimated living cost  is ₽7774 per week

₽4818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68511
₽74935
₽52758
₽47113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
6 483
income
-
-
-
18 786
pensions

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

-
-
-
32 760
health
-
-
-
6 007
total
-
-
-
64 036
Employee
34 544
-
109 026
-
unemployment
345
-
1 090
-
health
484
-
1 526
-
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.

2 418
-
7 632
-
income
5 947
-
20 669
-
total
9 194
-
30 917
-
Employer
34 544
-
109 026
-
other
1 728
-
5 451
-
accident
276
-
872
-
pensions

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

5 873
-
18 535
-
unemployment
345
-
1 090
-
health
484
-
1 526
-
total
8 706
-
27 474
-
Corporate
93 250
136 500
-
-
income
19 582
28 665
-
-
total
19 582
28 665
-
-
Dividends
73 668
107 835
-
-
withholding
5 156
7 549
-
-
total
5 156
7 549
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 638
36 214
58 391
64 036
After tax
93 862
100 286
78 109
72 464
Living cost
25 351
25 351
25 351
25 351
Free-cash
68 511
74 935
52 758
47 113

Estimated living cost  is ₽25351 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
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.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27015
₽29931
₽17675
₽30182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 046
pensions
-
-
-
7 840
total
-
-
-
43 886
Employee
88 332
-
119 500
-
health
1 456
-
1 840
-
pensions
8 522
-
9 848
-
income
15 923
-
27 705
-
total
25 901
-
39 393
-
Employer
88 332
-
119 500
-
pensions
10 430
-
14 730
-
health
1 678
-
2 270
-
total
12 108
-
17 000
-
Corporate
36 061
136 500
-
-
income

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

6 852
25 935
-
-
total
6 852
25 935
-
-
Dividends
29 208
110 565
-
-
withholding
2 192
18 202
-
-
total
2 192
18 202
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 053
44 137
56 393
43 886
After tax
89 447
92 363
80 107
92 614
Living cost
62 432
62 432
62 432
62 432
Free-cash
27 015
29 931
17 675
30 182

Estimated living cost  is ₽62432 per week

₽46782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽99805
₽104227
₽99681
₽94666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
133
income
-
-
-
20 475
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
29 353
Employee
16 527
-
129 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
health
760
-
1 530
-
pensions

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

1 451
-
2 920
-
income
1 652
-
12 998
-
total
4 045
-
17 814
-
Employer
16 527
-
129 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 821
-
3 664
-
unemployment
99
-
200
-
health
1 141
-
2 294
-
total
3 243
-
6 524
-
Corporate
116 730
136 500
-
-
income
11 673
13 650
-
-
total
11 673
13 650
-
-
Dividends
105 057
122 850
-
-
withholding
5 253
6 142
-
-
total
5 253
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
24 214
19 792
24 338
29 353
After tax
112 286
116 708
112 162
107 147
Living cost
12 481
12 481
12 481
12 481
Free-cash
99 805
104 227
99 681
94 666

Estimated living cost  is ₽12481 per week

₽7287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16753
₽14360
₽29151
₽24764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 100
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
58 979
Employee
88 207
81 246
118 819
-
health
11 004
10 607
11 732
-
pensions
11 147
11 147
11 147
-
income

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

13 299
13 299
14 032
-
total
35 450
35 053
36 911
-
Employer
88 207
81 246
118 819
-
pensions
6 139
5 655
7 029
-
unemployment
3 176
2 925
3 634
-
health
6 130
5 647
7 018
-
total
15 445
14 227
17 681
-
Corporate
32 849
41 027
-
-
income
6 570
8 206
-
-
total
6 570
8 206
-
-
Dividends
26 279
32 821
-
-
withholding
3 941
4 923
-
-
income
5 584
6 974
-
-
total
9 525
11 897
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 990
69 383
54 592
58 979
After tax
69 510
67 117
81 908
77 521
Living cost
52 757
52 757
52 757
52 757
Free-cash
16 753
14 360
29 151
24 764

Estimated living cost  is ₽52757 per week

₽38917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4712
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.
₽8524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62008
₽70415
₽45704
₽47974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 909
income
-
-
-
12 625
health
-
-
-
18 427
solidarity contribution
-
-
-
-
total
-
-
-
64 961
Employee
34 654
-
101 866
-
solidarity contribution
-
-
-
-
health
4 678
-
13 752
-
social contributions
2 253
-
6 621
-
income
4 158
-
12 224
-
total
11 089
-
32 597
-
Employer
34 654
-
101 866
-
social contributions
8 664
-
25 466
-
health
3 119
-
9 168
-
total
11 783
-
34 634
-
Corporate
90 064
136 500
-
-
income
17 112
25 935
-
-
total
17 112
25 935
-
-
Dividends
72 952
110 565
-
-
withholding
10 943
16 585
-
-
total
10 943
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 927
42 520
67 231
64 961
After tax
85 573
93 980
69 269
71 539
Living cost
23 565
23 565
23 565
23 565
Free-cash
62 008
70 415
45 704
47 974

Estimated living cost  is ₽23565 per week

₽16368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27713
₽32681
₽20477
₽26909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 579
social contributions
-
-
-
35 107
municipal
-
-
-
811
national
-
-
-
31 948
total
-
-
-
69 445
Employee
84 555
-
136 500
-
national
14 651
-
27 735
-
regional
798
-
1 390
-
municipal
448
-
724
-
social contributions
28 512
-
46 028
-
total
44 409
-
75 877
-
Employer
84 555
-
136 500
-
total
-
-
-
-
Corporate
51 945
136 500
-
-
nationa
12 467
32 760
-
-
municipal
2 026
5 324
-
-
total
14 493
38 084
-
-
Dividends
37 453
98 416
-
-
withholding
9 739
25 589
-
-
total
9 739
25 589
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 641
63 673
75 877
69 445
After tax
67 859
72 827
60 623
67 055
Living cost
40 146
40 146
40 146
40 146
Free-cash
27 713
32 681
20 477
26 909

Estimated living cost  is ₽40146 per week

₽27985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61901
₽64865
₽40285
₽43778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
32 482
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
4 618
total
-
-
-
71 728
Employee
31 462
-
112 762
-
surtax
103
-
4 066
-
unemployment
2 190
-
7 848
-
other
-
-
-
-
health
803
-
2 876
-
pensions
2 098
-
7 522
-
income
5 274
-
29 173
-
total
10 468
-
51 485
-
Employer
31 462
-
112 762
-
other
-
-
-
-
pensions
4 194
-
15 030
-
unemployment
997
-
3 575
-
health
1 432
-
5 131
-
total
6 623
-
23 736
-
Corporate
98 415
136 500
-
-
income
25 589
35 490
-
-
total
25 589
35 490
-
-
Dividends
72 827
101 010
-
-
withholding
10 925
15 151
-
-
total
10 925
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 605
50 641
75 221
71 728
After tax
82 895
85 859
61 279
64 772
Living cost
20 994
20 994
20 994
20 994
Free-cash
61 901
64 865
40 285
43 778

Estimated living cost  is ₽20994 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
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.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52274
₽49711
₽37455
₽49962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 046
pensions
-
-
-
7 840
total
-
-
-
43 886
Employee
59 198
-
119 500
-
health
859
-
1 840
-
pensions
5 025
-
9 848
-
income
10 662
-
27 705
-
total
16 546
-
39 393
-
Employer
59 198
-
119 500
-
pensions
6 408
-
14 730
-
health
1 125
-
2 270
-
total
7 533
-
17 000
-
Corporate
69 769
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.

13 256
25 935
-
-
total
13 256
25 935
-
-
Dividends
56 513
110 565
-
-
withholding
4 239
18 202
-
-
total
4 239
18 202
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 574
44 137
56 393
43 886
After tax
94 926
92 363
80 107
92 614
Living cost
42 652
42 652
42 652
42 652
Free-cash
52 274
49 711
37 455
49 962

Estimated living cost  is ₽42652 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19263
-₽13007
₽30018
₽36651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 439
regional
-
-
-
5 848
pensions
-
-
-
12 557
national
-
-
-
1 542
health
-
-
-
308
total
-
-
-
24 424
Employee
88 267
-
122 176
-
national
418
-
1 229
-
unemployment
-
-
-
-
city
947
-
1 313
-
regional
2 890
-
5 000
-
health
200
-
275
-
pensions
7 416
-
10 261
-
total
11 871
-
18 078
-
Employer
88 267
-
122 176
-
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.

1 765
-
2 443
-
pensions
7 416
-
10 261
-
unemployment
-
-
-
-
health
200
-
275
-
total
9 381
-
12 979
-
Corporate
37 883
136 500
-
-
regional
8 012
28 870
-
-
national
3 220
11 602
-
-
total
11 232
40 472
-
-
Dividends
26 651
96 028
-
-
withholding
9 328
33 610
-
-
total
9 328
33 610
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 812
74 082
31 057
24 424
After tax
94 688
62 418
105 443
112 076
Living cost
75 425
75 425
75 425
75 425
Free-cash
19 263
-13 007
30 018
36 651

Estimated living cost  is ₽75425 per week

₽49048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽926
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39336
₽23907
₽45539
₽29716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 823
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.

-
-
-
38 747
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.

-
-
-
6 500
surtax

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

-
-
-
2 130
total
-
-
-
63 200
Employee

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

57 177
-
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.

370
-
2 130
-
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.

6 500
-
6 500
-
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.

6 724
-
38 747
-
total
13 594
-
47 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 323
136 500
-
-
trade
13 604
23 410
-
-
income
11 898
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.

654
1 127
-
-
chamber of commerce
256
336
-
-
total
26 412
45 349
-
-
Dividends
52 911
91 152
-
-
withholding
12 866
22 427
-
-
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.

708
1 233
-
-
total
13 574
23 660
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 580
69 009
47 377
63 200
After tax
82 920
67 491
89 123
73 300
Living cost
43 584
43 584
43 584
43 584
Free-cash
39 336
23 907
45 539
29 716

Estimated living cost  is ₽43584 per week

₽31832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41864
₽36244
₽45944
₽44872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
4 232
social contributions
-
-
-
3 889
income
-
-
-
18 850
pensions
-
-
-
27 303
health
-
-
-
4 803
surtax
-
-
-
-
total
-
-
-
59 077
Employee
40 718
-
107 506
-
surtax
-
-
-
-
pensions
4 604
-
6 700
-
social contributions
1 161
-
3 064
-
income
2 403
-
19 247
-
total
8 168
-
29 011
-
Employer
40 718
-
107 506
-
other
1 405
-
3 864
-
pensions
6 689
-
11 420
-
unemployment
1 648
-
4 355
-
social contributions
123
-
323
-
health
2 851
-
9 032
-
total
12 716
-
28 994
-
Corporate
83 066
136 500
-
-
income
23 258
38 220
-
-
surtax
-
-
-
-
total
23 258
38 220
-
-
Dividends
59 808
98 280
-
-
withholding
7 655
12 580
-
-
social contributions
10 288
16 905
-
-
surtax
-
-
-
-
total
17 943
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 085
67 705
58 005
59 077
After tax
74 415
68 795
78 495
77 423
Living cost
32 551
32 551
32 551
32 551
Free-cash
41 864
36 244
45 944
44 872

Estimated living cost  is ₽32551 per week

₽20524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44757
₽39469
₽49169
₽48097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
4 232
social contributions
-
-
-
3 889
income
-
-
-
18 850
pensions
-
-
-
27 303
health
-
-
-
4 803
surtax
-
-
-
-
total
-
-
-
59 077
Employee
36 347
-
107 506
-
surtax
-
-
-
-
pensions
4 111
-
6 700
-
social contributions
1 036
-
3 064
-
income
1 874
-
19 247
-
total
7 021
-
29 011
-
Employer
36 347
-
107 506
-
other
1 255
-
3 864
-
pensions
5 972
-
11 420
-
unemployment
1 471
-
4 355
-
social contributions
108
-
323
-
health
2 544
-
9 032
-
total
11 350
-
28 994
-
Corporate
88 802
136 500
-
-
income
24 865
38 220
-
-
surtax
-
-
-
-
total
24 865
38 220
-
-
Dividends
63 937
98 280
-
-
withholding
8 184
12 580
-
-
social contributions
10 997
16 905
-
-
surtax
-
-
-
-
total
19 181
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 417
67 705
58 005
59 077
After tax
74 083
68 795
78 495
77 423
Living cost
29 326
29 326
29 326
29 326
Free-cash
44 757
39 469
49 169
48 097

Estimated living cost  is ₽29326 per week

₽17007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63597
₽63102
₽65586
₽67487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
18 836
income
-
-
-
20 476
health
-
-
-
9 527
total
-
-
-
48 839
Employee
32 258
-
136 500
-
health
2 251
-
9 527
-
social contributions
4 452
-
18 836
-
income
5 380
-
22 377
-
total
12 083
-
50 740
-
Employer
32 258
-
136 500
-
total
-
-
-
-
Corporate
104 242
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%.

5 212
6 825
-
-
total
5 212
6 825
-
-
Dividends
99 030
129 675
-
-
health
6 913
9 051
-
-
withholding
14 855
19 452
-
-
social contributions
13 666
17 896
-
-
total
35 434
46 399
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 729
53 224
50 740
48 839
After tax
83 771
83 276
85 760
87 661
Living cost
20 174
20 174
20 174
20 174
Free-cash
63 597
63 102
65 586
67 487

Estimated living cost  is ₽20174 per week

₽13501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40828
₽42298
₽2564
₽36046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
545
unemployment
-
-
-
5 835
income
-
-
-
31 298
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
188
total
-
-
-
66 930
Employee
47 547
37 915
105 849
-
unemployment
1 426
1 137
3 176
-
other
475
379
1 058
-
health
1 840
1 468
4 097
-
pensions
4 869
3 882
10 838
-
income
5 413
2 797
25 031
-
total
14 023
9 663
44 200
-
Employer
47 547
37 915
105 849
-
payroll
1 426
1 137
3 176
-
other
2 259
1 800
5 026
-
accident
617
493
1 376
-
pensions
5 967
4 759
13 285
-
unemployment
1 426
1 137
3 176
-
chamber of commerce
190
152
424
-
surtax
188
188
188
-
health
1 796
1 434
4 001
-
total
13 869
11 100
30 652
-
Corporate
75 084
87 485
102 238
-
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.

18 771
21 871
25 560
-
total
18 771
21 871
25 560
-
Dividends
56 312
65 614
-
-
withholding
15 485
18 044
-
-
total
15 485
18 044
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 148
60 678
100 412
66 930
After tax
74 352
75 822
36 088
69 570
Living cost
33 524
33 524
33 524
33 524
Free-cash
40 828
42 298
2 564
36 046

Estimated living cost  is ₽33524 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27444
₽41717
₽15103
₽25300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
21 417
national
-
-
-
48 188
communal

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

-
-
-
6 906
total
-
-
-
76 511
Employee

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

68 054
-
105 724
-
national
20 923
-
36 600
-
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.

592
-
919
-
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.

3 197
-
4 969
-
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.

5 104
-
7 930
-
communal

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

3 550
-
5 514
-
total
33 366
-
55 932
-
Employer

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

68 054
-
105 724
-
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.

885
-
1 376
-
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.

6 030
-
9 367
-
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.

993
-
1 544
-
surtax
7 717
-
11 988
-
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.

4 185
-
6 501
-
total
19 810
-
30 776
-
Corporate
48 636
136 500
-
-
income
9 728
27 300
-
-
surtax
195
545
-
-
total
9 923
27 845
-
-
Dividends
38 714
108 654
-
-
withholding

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

11 268
32 249
-
-
total
11 268
32 249
-
-
Income
136 500
136 500
136 500
136 500
Total tax
74 367
60 094
86 708
76 511
After tax
62 133
76 406
49 792
59 989
Living cost
34 689
34 689
34 689
34 689
Free-cash
27 444
41 717
15 103
25 300

Estimated living cost  is ₽34689 per week

₽22344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49938
₽57002
₽38159
₽42594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
33 093
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
59 547
Employee
47 358
-
108 387
-
unemployment
735
-
1 367
-
other
47
-
88
-
pensions
2 226
-
4 145
-
income
9 992
-
30 269
-
total
13 000
-
35 869
-
Employer
47 358
-
108 387
-
other
377
-
706
-
accident
937
-
1 746
-
pensions
11 176
-
20 812
-
unemployment
2 605
-
4 849
-
total
15 095
-
28 113
-
Corporate
74 046
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.

11 107
20 476
-
-
total
11 107
20 476
-
-
Dividends
62 939
116 024
-
-
withholding
13 001
24 663
-
-
total
13 001
24 663
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 203
45 139
63 982
59 547
After tax
84 297
91 361
72 518
76 953
Living cost
34 359
34 359
34 359
34 359
Free-cash
49 938
57 002
38 159
42 594

Estimated living cost  is ₽34359 per week

₽25302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
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.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19310
₽29791
₽24705
₽19265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 939
pensions
-
-
-
20 459
accident
-
-
-
1 150
communal
-
-
-
8 626
health
-
-
-
9 591
surtax
-
-
-
6 767
total
-
-
-
65 532
Employee
72 049
-
121 928
-
surtax
4 416
-
7 473
-
health
3 206
-
5 425
-
pensions
5 763
-
9 755
-
income
6 959
-
22 867
-
total
20 344
-
45 520
-
Employer
72 049
-
121 928
-
accident
648
-
1 098
-
pensions
5 763
-
9 755
-
health
2 197
-
3 719
-
total
8 608
-
14 572
-
Corporate
55 843
136 500
-
-
income
8 377
20 476
-
-
communal
3 770
9 213
-
-
surtax
587
1 434
-
-
total
12 734
31 123
-
-
Dividends
43 109
105 377
-
-
withholding
6 467
15 807
-
-
income
17 334
8 076
-
-
total
23 801
23 883
-
-
Income
136 500
136 500
136 500
136 500
Total tax
65 487
55 006
60 092
65 532
After tax
71 013
81 494
76 408
70 968
Living cost
51 703
51 703
51 703
51 703
Free-cash
19 310
29 791
24 705
19 265

Estimated living cost  is ₽51703 per week

₽38785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61463
₽64489
₽39909
₽43402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
32 482
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
4 618
total
-
-
-
71 728
Employee
32 040
-
112 762
-
surtax
114
-
4 066
-
unemployment
2 230
-
7 848
-
other
-
-
-
-
health
818
-
2 876
-
pensions
2 138
-
7 522
-
income
5 371
-
29 173
-
total
10 671
-
51 485
-
Employer
32 040
-
112 762
-
other
-
-
-
-
pensions
4 272
-
15 030
-
unemployment
1 016
-
3 575
-
health
1 457
-
5 131
-
total
6 745
-
23 736
-
Corporate
97 715
136 500
-
-
income
25 406
35 490
-
-
total
25 406
35 490
-
-
Dividends
72 309
101 010
-
-
withholding
10 845
15 151
-
-
total
10 845
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 667
50 641
75 221
71 728
After tax
82 833
85 859
61 279
64 772
Living cost
21 370
21 370
21 370
21 370
Free-cash
61 463
64 489
39 909
43 402

Estimated living cost  is ₽21370 per week

₽12902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44005
₽46118
₽34547
₽40946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 059
social contributions
-
-
-
35 107
municipal
-
-
-
811
national
-
-
-
31 948
total
-
-
-
69 925
Employee
52 776
-
136 500
-
national
8 361
-
27 735
-
regional
710
-
1 837
-
municipal
280
-
724
-
social contributions
17 796
-
46 028
-
total
27 147
-
76 324
-
Employer
52 776
-
136 500
-
total
-
-
-
-
Corporate
83 724
136 500
-
-
nationa
20 095
32 760
-
-
municipal
4 162
6 785
-
-
total
24 257
39 545
-
-
Dividends
59 468
96 955
-
-
withholding
15 462
25 208
-
-
total
15 462
25 208
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 866
64 753
76 324
69 925
After tax
69 634
71 747
60 176
66 575
Living cost
25 629
25 629
25 629
25 629
Free-cash
44 005
46 118
34 547
40 946

Estimated living cost  is ₽25629 per week

₽15939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54583
₽64942
₽40231
₽42501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 909
income
-
-
-
12 625
health
-
-
-
18 427
solidarity contribution
-
-
-
-
total
-
-
-
64 961
Employee
42 703
-
101 866
-
solidarity contribution
-
-
-
-
health
5 765
-
13 752
-
social contributions
2 776
-
6 621
-
income
5 124
-
12 224
-
total
13 665
-
32 597
-
Employer
42 703
-
101 866
-
social contributions
10 676
-
25 466
-
health
3 843
-
9 168
-
total
14 519
-
34 634
-
Corporate
79 278
136 500
-
-
income
15 063
25 935
-
-
total
15 063
25 935
-
-
Dividends
64 215
110 565
-
-
withholding
9 632
16 585
-
-
total
9 632
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 879
42 520
67 231
64 961
After tax
83 621
93 980
69 269
71 539
Living cost
29 038
29 038
29 038
29 038
Free-cash
54 583
64 942
40 231
42 501

Estimated living cost  is ₽29038 per week

₽21594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45098
₽45571
₽5771
₽39405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
545
unemployment
-
-
-
5 835
income
-
-
-
31 298
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
-
total
-
-
-
66 742
Employee
41 588
37 915
105 995
-
unemployment
1 248
1 137
3 179
-
other
415
379
1 060
-
health
1 609
1 468
4 102
-
pensions
4 259
3 882
10 854
-
income
3 705
2 797
25 081
-
total
11 236
9 663
44 276
-
Employer
41 588
37 915
105 995
-
payroll
1 248
1 137
3 179
-
other
1 975
1 800
5 035
-
accident
540
493
1 378
-
pensions
5 220
4 759
13 303
-
unemployment
1 248
1 137
3 179
-
chamber of commerce
166
152
424
-
surtax
-
-
-
-
health
1 573
1 434
4 006
-
total
11 970
10 912
30 504
-
Corporate
82 943
87 673
102 384
-
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.

20 736
21 918
25 596
-
total
20 736
21 918
25 596
-
Dividends
62 207
65 755
-
-
withholding
17 107
18 083
-
-
total
17 107
18 083
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 049
60 576
100 376
66 742
After tax
75 451
75 924
36 124
69 758
Living cost
30 353
30 353
30 353
30 353
Free-cash
45 098
45 571
5 771
39 405

Estimated living cost  is ₽30353 per week

₽18208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115288
₽117560
₽97085
₽123020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 144
-
136 500
-
income
3 029
-
27 300
-
total
3 029
-
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%.

121 356
136 500
-
-
total
-
-
-
-
Dividends
121 356
136 500
-
-
withholding
6 068
6 825
-
-
total
6 068
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
9 097
6 825
27 300
1 365
After tax
127 403
129 675
109 200
135 135
Living cost
12 115
12 115
12 115
12 115
Free-cash
115 288
117 560
97 085
123 020

Estimated living cost  is ₽12115 per week

₽8198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
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.
₽3001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60504
₽68461
₽39114
₽42726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
204
income
-
-
-
29 692
pensions
-
-
-
24 928
health
-
-
-
13 431
total
-
-
-
68 255
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.

42 071
-
118 110
-
unemployment
60
-
166
-
health
2 717
-
7 630
-
pensions
6 521
-
18 307
-
income
7 255
-
27 377
-
total
16 553
-
53 480
-
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.

42 071
-
118 110
-
pensions
3 723
-
10 452
-
unemployment
25
-
70
-
health
2 802
-
7 865
-
total
6 550
-
18 387
-
Corporate
87 879
136 500
-
-
income
16 697
25 935
-
-
total
16 697
25 935
-
-
Dividends
71 182
110 565
-
-
withholding
10 677
16 585
-
-
total
10 677
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 477
42 520
71 867
68 255
After tax
86 023
93 980
64 633
68 245
Living cost
25 519
25 519
25 519
25 519
Free-cash
60 504
68 461
39 114
42 726

Estimated living cost  is ₽25519 per week

₽17513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
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.
₽5877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3037
₽42667
₽83808
₽53952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 561
income
-
-
-
26 607
total
-
-
-
42 168
Employee
57 899
-
-
-
social contributions
4 748
-
677
-
income
12 771
-
-
-
total
17 519
-
677
-
Employer
57 899
-
-
-
social contributions
81 638
-
11 635
-
total
81 638
-
11 635
-
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
99 157
53 453
12 312
42 168
After tax
37 343
83 047
124 188
94 332
Living cost
40 380
40 380
40 380
40 380
Free-cash
-3 037
42 667
83 808
53 952

Estimated living cost  is ₽40380 per week

₽26200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46842
₽47798
₽34906
₽44329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
136 500
social contributions

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

-
-
-
47 433
income
-
-
-
14 896
surtax
-
-
-
-
total
-
-
-
62 329
Employee
43 757
-
110 303
-
surtax
-
-
-
-
social contributions
4 813
-
12 133
-
income
9 102
-
33 422
-
total
13 915
-
45 555
-
Employer
43 757
-
110 303
-
social contributions
10 392
-
26 197
-
total
10 392
-
26 197
-
Corporate
82 351
136 500
-
-
income
17 294
28 665
-
-
surtax
-
-
-
-
total
17 294
28 665
-
-
Dividends
65 056
107 835
-
-
withholding
18 215
30 195
-
-
total
18 215
30 195
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 816
58 860
71 752
62 329
After tax
76 684
77 640
64 748
74 171
Living cost
29 842
29 842
29 842
29 842
Free-cash
46 842
47 798
34 906
44 329

Estimated living cost  is ₽29842 per week

₽22328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29384
₽22844
₽32544
₽31472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
4 232
social contributions
-
-
-
3 889
income
-
-
-
18 850
pensions
-
-
-
27 303
health
-
-
-
4 803
surtax
-
-
-
-
total
-
-
-
59 077
Employee
59 588
-
107 506
-
surtax
-
-
-
-
pensions
6 740
-
6 700
-
social contributions
1 697
-
3 064
-
income
5 199
-
19 247
-
total
13 636
-
29 011
-
Employer
59 588
-
107 506
-
other
2 056
-
3 864
-
pensions
9 791
-
11 420
-
unemployment
2 414
-
4 355
-
social contributions
179
-
323
-
health
4 171
-
9 032
-
total
18 611
-
28 994
-
Corporate
58 301
136 500
-
-
income
16 325
38 220
-
-
surtax
-
-
-
-
total
16 325
38 220
-
-
Dividends
41 976
98 280
-
-
withholding
5 373
12 580
-
-
social contributions
7 220
16 905
-
-
surtax
-
-
-
-
total
12 593
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 165
67 705
58 005
59 077
After tax
75 335
68 795
78 495
77 423
Living cost
45 951
45 951
45 951
45 951
Free-cash
29 384
22 844
32 544
31 472

Estimated living cost  is ₽45951 per week

₽31099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91054
₽94252
₽76629
₽73004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 869
social contributions
-
-
-
30 028
total
-
-
-
34 897
Employee
30 586
-
118 182
-
social contributions
1 988
-
7 682
-
income
-
-
5 272
-
total
1 988
-
12 954
-
Employer
30 586
-
118 182
-
social contributions
4 741
-
18 318
-
total
4 741
-
18 318
-
Corporate
101 172
136 500
-
-
income
10 118
13 649
-
-
total
10 118
13 649
-
-
Dividends
91 055
122 851
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
16 847
13 649
31 272
34 897
After tax
119 653
122 851
105 228
101 603
Living cost
28 599
28 599
28 599
28 599
Free-cash
91 054
94 252
76 629
73 004

Estimated living cost  is ₽28599 per week

₽18492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70484
-₽70484
-₽70484
₽36535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
823
municipal
-
-
-
27 518
labour market
-
-
-
10 854
national
-
-
-
15 018
total
-
-
-
54 213
Employee
193 107
193 107
193 107
-
national
23 592
23 592
23 592
-
municipal
41 121
41 121
41 121
-
labour market
15 427
15 427
15 427
-
pensions
274
274
274
-
total
80 414
80 414
80 414
-
Employer
193 107
193 107
193 107
-
municipal
41 187
41 187
41 187
-
pensions
549
549
549
-
national
23 633
23 633
23 633
-
labour market
15 449
15 449
15 449
-
total
80 818
80 818
80 818
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
161 232
161 232
161 232
54 213
After tax
-24 732
-24 732
-24 732
82 287
Living cost
45 752
45 752
45 752
45 752
Free-cash
-70 484
-70 484
-70 484
36 535

Estimated living cost  is ₽45752 per week

₽31313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7816
-₽10067
₽51785
₽72315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
income
-
-
-
36 274
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
43 061
Employee
33 230
-
120 787
-
health
3 805
-
13 830
-
pensions
3 742
-
7 435
-
income
4 559
-
26 613
-
total
12 106
-
47 878
-
Employer
33 230
-
120 787
-
accident
555
-
2 017
-
pensions
5 403
-
10 737
-
unemployment
814
-
2 959
-
total
6 772
-
15 713
-
Corporate
96 498
136 500
-
-
income

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

86 849
122 850
-
-
total
86 849
122 850
-
-
Dividends
9 650
13 650
-
-
withholding
1 833
2 593
-
-
total
1 833
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 560
125 443
63 591
43 061
After tax
28 940
11 057
72 909
93 439
Living cost
21 124
21 124
21 124
21 124
Free-cash
7 816
-10 067
51 785
72 315

Estimated living cost  is ₽21124 per week

₽15376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52417
₽50937
₽37055
₽55770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 264
national
-
-
-
18 235
health
-
-
-
1 704
total
-
-
-
44 203
Employee
50 055
-
114 831
-
national
827
-
11 686
-
unemployment
751
-
1 722
-
health
374
-
1 372
-
municipal
8 199
-
18 717
-
pensions
3 378
-
7 751
-
total
13 529
-
41 248
-
Employer
50 055
-
114 831
-
accident
51
-
116
-
pensions
8 684
-
19 923
-
unemployment
325
-
746
-
health
385
-
885
-
total
9 445
-
21 670
-
Corporate
77 001
136 500
-
-
income
15 401
27 300
-
-
total
15 401
27 300
-
-
Dividends

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

46 200
81 900
-
-
municipal
8 316
14 742
-
-
national
865
6 994
-
-
total
9 181
21 736
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 556
49 036
62 918
44 203
After tax
88 944
87 464
73 582
92 297
Living cost
36 527
36 527
36 527
36 527
Free-cash
52 417
50 937
37 055
55 770

Estimated living cost  is ₽36527 per week

₽23859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72473
₽77651
₽71541
₽72826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 393
income
-
-
-
22 772
health
-
-
-
3 481
total
-
-
-
41 646
Employee
73 158
73 158
125 980
-
health
567
1 244
2 141
-
social contributions
2 766
6 072
8 190
-
income
7 966
6 772
22 079
-
total
11 299
14 088
32 410
-
Employer
73 158
73 158
125 980
-
social contributions
2 766
6 072
8 190
-
health
616
1 354
2 331
-
total
3 382
7 426
10 521
-
Corporate
99 792
55 916
-
-
income
12 474
6 989
-
-
total
12 474
6 989
-
-
Dividends
87 318
48 927
-
-
withholding
14 844
8 318
-
-
total
14 844
8 318
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 999
36 821
42 931
41 646
After tax
94 501
99 679
93 569
94 854
Living cost
22 028
22 028
22 028
22 028
Free-cash
72 473
77 651
71 541
72 826

Estimated living cost  is ₽22028 per week

₽13202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93091
₽97932
₽79159
₽98242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
13 631
pensions
-
-
-
6 052
health
-
-
-
3 443
total
-
-
-
23 153
Employee

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

21 838
-
127 202
-
unemployment
108
-
451
-
health
1 856
-
7 673
-
pensions
3 275
-
13 541
-
income
1 493
-
11 273
-
total
6 732
-
32 938
-
Employer

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

21 838
-
127 202
-
pensions
1 201
-
4 965
-
unemployment
108
-
451
-
health
939
-
3 882
-
total
2 248
-
9 298
-
Corporate
112 414
136 500
-
-
income
10 118
12 284
-
-
total
10 118
12 284
-
-
Dividends
102 297
124 216
-
-
withholding
9 206
11 179
-
-
total
9 206
11 179
-
-
Income
136 500
136 500
136 500
136 500
Total tax
28 304
23 463
42 236
23 153
After tax
108 196
113 037
94 264
113 347
Living cost
15 105
15 105
15 105
15 105
Free-cash
93 091
97 932
79 159
98 242

Estimated living cost  is ₽15105 per week

₽9638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60725
₽65199
₽46356
₽50791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
33 093
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
59 547
Employee
35 179
-
108 387
-
unemployment
545
-
1 367
-
other
34
-
88
-
pensions
1 654
-
4 145
-
income
6 782
-
30 269
-
total
9 015
-
35 869
-
Employer
35 179
-
108 387
-
other
282
-
706
-
accident
697
-
1 746
-
pensions
8 302
-
20 812
-
unemployment
1 935
-
4 849
-
total
11 216
-
28 113
-
Corporate
90 106
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.

13 516
20 476
-
-
total
13 516
20 476
-
-
Dividends
76 590
116 024
-
-
withholding
15 866
24 663
-
-
total
15 866
24 663
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 613
45 139
63 982
59 547
After tax
86 887
91 361
72 518
76 953
Living cost
26 162
26 162
26 162
26 162
Free-cash
60 725
65 199
46 356
50 791

Estimated living cost  is ₽26162 per week

₽17659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83076
₽83371
₽85732
₽85861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 564
pensions
-
-
-
1 316
health
-
-
-
954
total
-
-
-
48 834
Employee
2 749
-
135 019
-
unemployment
27
-
66
-
health
137
-
329
-
pensions
247
-
592
-
income
532
-
46 495
-
total
943
-
47 482
-
Employer
2 749
-
135 019
-
pensions
302
-
724
-
unemployment
55
-
132
-
health
261
-
625
-
total
618
-
1 481
-
Corporate
133 133
136 500
-
-
income
29 289
30 030
-
-
total
29 289
30 030
-
-
Dividends
103 844
106 470
-
-
withholding
20 769
21 294
-
-
total
20 769
21 294
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 619
51 324
48 963
48 834
After tax
84 881
85 176
87 537
87 666
Living cost
1 805
1 805
1 805
1 805
Free-cash
83 076
83 371
85 732
85 861

Estimated living cost  is ₽1805 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77528
₽82200
₽63395
₽63394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 053
income
-
-
-
30 159
pensions
-
-
-
18 245
health
-
-
-
7 228
total
-
-
-
56 685
Employee

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

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

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

24 762
-
123 939
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
pensions
3 467
-
9 824
-
income
3 413
-
30 159
-
total
8 341
-
44 123
-
Employer

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

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

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

24 762
-
123 939
-
pensions
2 971
-
8 421
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
total
4 432
-
12 561
-
Corporate
107 306
136 500
-
-
income
16 096
20 475
-
-
total
16 096
20 475
-
-
Dividends
91 210
116 025
-
-
withholding
13 682
17 404
-
-
total
13 682
17 404
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 551
37 879
56 684
56 685
After tax
93 949
98 621
79 816
79 815
Living cost
16 421
16 421
16 421
16 421
Free-cash
77 528
82 200
63 395
63 394

Estimated living cost  is ₽16421 per week

₽11056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51650
₽51991
₽39099
₽48522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
136 500
social contributions

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

-
-
-
47 433
income
-
-
-
14 896
surtax
-
-
-
-
total
-
-
-
62 329
Employee
36 926
-
110 303
-
surtax
-
-
-
-
social contributions
4 062
-
12 133
-
income
7 215
-
33 422
-
total
11 277
-
45 555
-
Employer
36 926
-
110 303
-
social contributions
8 769
-
26 197
-
total
8 769
-
26 197
-
Corporate
90 805
136 500
-
-
income
19 069
28 665
-
-
surtax
-
-
-
-
total
19 069
28 665
-
-
Dividends
71 736
107 835
-
-
withholding
20 086
30 195
-
-
total
20 086
30 195
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 201
58 860
71 752
62 329
After tax
77 299
77 640
64 748
74 171
Living cost
25 649
25 649
25 649
25 649
Free-cash
51 650
51 991
39 099
48 522

Estimated living cost  is ₽25649 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51185
₽57925
₽39082
₽43517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
33 093
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
59 547
Employee
45 948
-
108 387
-
unemployment
711
-
1 367
-
other
45
-
88
-
pensions
2 159
-
4 145
-
income
9 597
-
30 269
-
total
12 512
-
35 869
-
Employer
45 948
-
108 387
-
other
368
-
706
-
accident
910
-
1 746
-
pensions
10 844
-
20 812
-
unemployment
2 528
-
4 849
-
total
14 650
-
28 113
-
Corporate
75 902
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.

11 385
20 476
-
-
total
11 385
20 476
-
-
Dividends
64 517
116 024
-
-
withholding
13 332
24 663
-
-
total
13 332
24 663
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 879
45 139
63 982
59 547
After tax
84 621
91 361
72 518
76 953
Living cost
33 436
33 436
33 436
33 436
Free-cash
51 185
57 925
39 082
43 517

Estimated living cost  is ₽33436 per week

₽24013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
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.
₽6353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94530
₽100332
₽95786
₽90771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
133
income
-
-
-
20 475
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
29 353
Employee
21 684
-
129 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
health
998
-
1 530
-
pensions

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

1 904
-
2 920
-
income
2 169
-
12 998
-
total
5 309
-
17 814
-
Employer
21 684
-
129 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

2 389
-
3 664
-
unemployment
130
-
200
-
health
1 496
-
2 294
-
total
4 253
-
6 524
-
Corporate
110 562
136 500
-
-
income
11 056
13 650
-
-
total
11 056
13 650
-
-
Dividends
99 506
122 850
-
-
withholding
4 976
6 142
-
-
total
4 976
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
25 594
19 792
24 338
29 353
After tax
110 906
116 708
112 162
107 147
Living cost
16 376
16 376
16 376
16 376
Free-cash
94 530
100 332
95 786
90 771

Estimated living cost  is ₽16376 per week

₽10831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46017
₽33568
₽52392
₽39153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 239
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.

-
-
-
38 747
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.

-
-
-
6 500
surtax

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

-
-
-
2 130
total
-
-
-
60 616
Employee

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

47 338
-
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.

215
-
2 130
-
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.

6 500
-
6 500
-
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.

3 893
-
38 747
-
total
10 608
-
47 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 162
136 500
-
-
trade
12 795
19 587
-
-
income
13 375
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.

735
1 127
-
-
chamber of commerce
274
345
-
-
total
27 179
41 535
-
-
Dividends
61 983
94 965
-
-
withholding
15 133
23 381
-
-
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.

832
1 285
-
-
total
15 965
24 666
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 752
66 201
47 377
60 616
After tax
82 748
70 299
89 123
75 884
Living cost
36 731
36 731
36 731
36 731
Free-cash
46 017
33 568
52 392
39 153

Estimated living cost  is ₽36731 per week

₽25338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43455
₽41353
₽21377
₽21377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 052
income
-
-
-
38 875
total
-
-
-
60 927
Employee
74 421
-
136 500
-
social contributions
6 183
-
22 052
-
income
14 043
-
38 875
-
total
20 226
-
60 927
-
Employer
74 421
-
136 500
-
total
-
-
-
-
Corporate
62 079
136 500
-
-
income
7 760
17 063
-
-
total
7 760
17 063
-
-
Dividends
54 319
119 437
-
-
withholding
10 863
23 888
-
-
total
10 863
23 888
-
-
Income
136 500
136 500
136 500
136 500
Total tax
38 849
40 951
60 927
60 927
After tax
97 651
95 549
75 573
75 573
Living cost
54 196
54 196
54 196
54 196
Free-cash
43 455
41 353
21 377
21 377

Estimated living cost  is ₽54196 per week

₽41231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4416
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.
₽8031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52487
₽49164
₽64415
₽69088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 794
income
-
-
-
27 082
total
-
-
-
32 876
Employee
43 645
-
132 124
-
social contributions
4 373
-
4 376
-
income
4 736
-
28 797
-
total
9 109
-
33 173
-
Employer
43 645
-
132 124
-
social contributions
4 373
-
4 376
-
total
4 373
-
4 376
-
Corporate
88 483
136 500
-
-
income
30 969
47 774
-
-
total
30 969
47 774
-
-
Dividends
57 514
88 726
-
-
social contributions
5 026
5 026
-
-
total
5 026
5 026
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 477
52 800
37 549
32 876
After tax
87 023
83 700
98 951
103 624
Living cost
34 536
34 536
34 536
34 536
Free-cash
52 487
49 164
64 415
69 088

Estimated living cost  is ₽34536 per week

₽22749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62330
₽57688
₽45432
₽57939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 046
pensions
-
-
-
7 840
total
-
-
-
43 886
Employee
47 596
-
119 500
-
health
621
-
1 840
-
pensions
3 633
-
9 848
-
income
8 668
-
27 705
-
total
12 922
-
39 393
-
Employer
47 596
-
119 500
-
pensions
4 809
-
14 730
-
health
905
-
2 270
-
total
5 714
-
17 000
-
Corporate
83 191
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.

15 806
25 935
-
-
total
15 806
25 935
-
-
Dividends
67 385
110 565
-
-
withholding
5 053
18 202
-
-
total
5 053
18 202
-
-
Income
136 500
136 500
136 500
136 500
Total tax
39 495
44 137
56 393
43 886
After tax
97 005
92 363
80 107
92 614
Living cost
34 675
34 675
34 675
34 675
Free-cash
62 330
57 688
45 432
57 939

Estimated living cost  is ₽34675 per week

₽23787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽7496
-₽12158
₽49694
₽70224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
income
-
-
-
36 274
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
43 061
Employee
36 519
-
120 787
-
health
4 181
-
13 830
-
pensions
4 112
-
7 435
-
income
5 010
-
26 613
-
total
13 303
-
47 878
-
Employer
36 519
-
120 787
-
accident
610
-
2 017
-
pensions
5 938
-
10 737
-
unemployment
895
-
2 959
-
total
7 443
-
15 713
-
Corporate
92 539
136 500
-
-
income

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

83 285
122 850
-
-
total
83 285
122 850
-
-
Dividends
9 254
13 650
-
-
withholding
1 758
2 593
-
-
total
1 758
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
105 789
125 443
63 591
43 061
After tax
30 711
11 057
72 909
93 439
Living cost
23 215
23 215
23 215
23 215
Free-cash
7 496
-12 158
49 694
70 224

Estimated living cost  is ₽23215 per week

₽17037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
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.
₽4357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽97564
₽102015
₽80696
₽64077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 638
income
-
-
-
22 035
pensions
-
-
-
25 116
health insurance
-
-
-
10 101
work injury
-
-
-
683
total
-
-
-
59 573
Employee

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

20 561
-
136 500
-
health insurance
1 521
-
5 629
-
unemployment
247
-
913
-
work injury
103
-
380
-
pensions
3 783
-
13 997
-
income
2 056
-
22 035
-
total
7 710
-
42 954
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 939
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%.

1 159
1 365
-
-
total
1 159
1 365
-
-
Dividends
114 780
135 135
-
-
withholding
17 217
20 270
-
-
total
17 217
20 270
-
-
Income
136 500
136 500
136 500
136 500
Total tax
26 086
21 635
42 954
59 573
After tax
110 414
114 865
93 546
76 927
Living cost
12 850
12 850
12 850
12 850
Free-cash
97 564
102 015
80 696
64 077

Estimated living cost  is ₽12850 per week

₽7961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29671
₽33998
₽21343
₽27540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 092
social contributions
-
-
-
35 107
municipal
-
-
-
912
national
-
-
-
31 948
total
-
-
-
71 059
Employee
80 171
-
136 500
-
national
13 548
-
27 735
-
regional
1 210
-
2 678
-
municipal
478
-
814
-
social contributions
27 033
-
46 028
-
total
42 269
-
77 255
-
Employer
80 171
-
136 500
-
total
-
-
-
-
Corporate
56 329
136 500
-
-
nationa
13 519
32 760
-
-
municipal
2 715
6 579
-
-
total
16 234
39 339
-
-
Dividends
40 094
97 161
-
-
withholding
10 425
25 262
-
-
total
10 425
25 262
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 928
64 601
77 255
71 059
After tax
67 572
71 899
59 245
65 441
Living cost
37 902
37 902
37 902
37 902
Free-cash
29 671
33 998
21 343
27 540

Estimated living cost  is ₽37902 per week

₽26623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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