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
₽39755
₽60127
₽45675
₽50398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income

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

-
-
-
38 536
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.

-
-
-
2 120
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.

-
-
-
6 573
trade
-
-
-
14 452
total
-
-
-
61 681
Employee

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

36 802
-
136 500
-
surtax

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

57
-
2 120
-
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.

1 028
-
38 536
-
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.

6 573
-
6 573
-
total
7 658
-
47 229
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 698
136 500
-
-
income
14 954
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.

822
1 127
-
-
chamber of commerce
288
341
-
-
trade
15 703
21 498
-
-
total
31 767
43 442
-
-
Dividends
67 931
93 058
-
-
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.

915
1 260
-
-
withholding
16 618
22 899
-
-
total
17 533
24 159
-
-
Income
136 500
136 500
136 500
136 500
Total tax
56 958
67 601
47 229
61 681
After tax
79 542
68 899
89 271
74 819
Living cost
29 144
29 144
29 144
29 144
Free-cash
50 398
39 755
60 127
45 675

Estimated living cost  is ₽29144 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33758
₽30942
₽29871
₽32903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
1 467
municipal
-
-
-
14 655
national
-
-
-
22 709
pensions
-
-
-
16 380
total
-
-
-
55 211
Employee
79 708
-
118 003
-
municipal
9 845
-
15 183
-
pensions
3 188
-
4 720
-
national
15 256
-
23 528
-
total
28 289
-
43 431
-
Employer
79 708
-
118 003
-
pensions
6 377
-
9 440
-
social contributions
857
-
1 269
-
total
7 234
-
10 709
-
Corporate
44 298
136 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

8 860
27 300
-
-
total
8 860
27 300
-
-
Dividends
35 439
109 200
-
-
withholding
7 796
24 024
-
-
total
7 796
24 024
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 179
51 324
54 140
55 211
After tax
84 321
85 176
82 360
81 289
Living cost
51 418
51 418
51 418
51 418
Free-cash
32 903
33 758
30 942
29 871

Estimated living cost  is ₽51418 per week

₽34948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89184
₽56462
₽22991
₽81290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
136 500
income
-
-
-
21 819
surtax
-
-
-
34 808
social contributions

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

-
-
-
36 865
microenterprise
-
-
-
-
total
-
-
-
93 492
Employee
28 115
-
110 000
-
surtax
-
-
-
-
social contributions

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

3 093
-
12 100
-
income
5 005
-
21 421
-
total
8 098
-
33 521
-
Employer
28 115
-
110 000
-
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.

6 772
-
26 500
-
surtax
-
-
-
-
total
6 772
-
26 500
-
Corporate
101 612
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%.

20 323
27 299
-
-
total
20 323
27 299
-
-
Dividends

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

81 290
109 201
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
35 193
27 299
60 021
93 492
After tax
101 307
109 201
76 479
43 008
Living cost
20 017
20 017
20 017
20 017
Free-cash
81 290
89 184
56 462
22 991

Estimated living cost  is ₽20017 per week

₽12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
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.
₽4886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26784
₽41394
₽37348
₽20887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 707
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
58 845
Employee
82 167
82 167
118 619
-
pensions
14 790
11 273
11 273
-
income

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

13 449
13 449
13 780
-
health
12 612
10 727
11 865
-
total
40 851
35 449
36 918
-
Employer
82 167
82 167
118 619
-
health
5 711
5 711
7 097
-
pensions
5 719
5 719
7 108
-
unemployment
2 958
2 958
3 676
-
total
14 388
14 388
17 881
-
Corporate
40 953
39 945
-
-
income
8 191
7 988
-
-
total
8 191
7 988
-
-
Dividends
32 762
31 957
-
-
income
6 962
6 791
-
-
withholding
4 914
4 793
-
-
total
11 876
11 584
-
-
Income
136 500
136 500
136 500
136 500
Total tax
75 306
69 409
54 799
58 845
After tax
61 194
67 091
81 701
77 655
Living cost
40 307
40 307
40 307
40 307
Free-cash
20 887
26 784
41 394
37 348

Estimated living cost  is ₽40307 per week

₽28565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35169
₽31825
₽32886
₽34285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
172
other
-
-
-
10 024
unemployment
-
-
-
86
health
-
-
-
5 383
municipal
-
-
-
33 252
national
-
-
-
6 012
pensions
-
-
-
9 325
total
-
-
-
64 254
Employee
56 084
-
109 396
-
municipal
16 724
-
32 622
-
national
-
-
5 590
-
total
16 724
-
38 212
-
Employer
56 084
-
109 396
-
health
3 449
-
5 305
-
pensions
6 063
-
9 325
-
accident
112
-
172
-
unemployment
1 481
-
2 277
-
other
6 517
-
10 024
-
total
17 622
-
27 103
-
Corporate
62 795
136 500
-
-
income
13 815
30 030
-
-
total
13 815
30 030
-
-
Dividends
48 980
106 470
-
-
withholding
14 694
31 941
-
-
total
14 694
31 941
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 855
61 971
65 315
64 254
After tax
73 645
74 529
71 185
72 246
Living cost
39 360
39 360
39 360
39 360
Free-cash
34 285
35 169
31 825
32 886

Estimated living cost  is ₽39360 per week

₽26086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30398
₽51472
₽36377
₽43921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income

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

-
-
-
38 536
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.

-
-
-
2 120
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.

-
-
-
6 573
trade
-
-
-
15 095
total
-
-
-
62 324
Employee

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

48 794
-
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.

230
-
2 120
-
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.

4 192
-
38 536
-
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.

6 573
-
6 573
-
total
10 995
-
47 229
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 706
136 500
-
-
income
13 156
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.

723
1 127
-
-
chamber of commerce
270
340
-
-
trade
14 428
22 453
-
-
total
28 577
44 396
-
-
Dividends
59 128
92 105
-
-
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.

792
1 247
-
-
withholding
14 416
22 660
-
-
total
15 208
23 907
-
-
Income
136 500
136 500
136 500
136 500
Total tax
54 780
68 303
47 229
62 324
After tax
81 720
68 197
89 271
74 176
Living cost
37 799
37 799
37 799
37 799
Free-cash
43 921
30 398
51 472
36 377

Estimated living cost  is ₽37799 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68477
₽62453
₽63741
₽64486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 503
social contributions
-
-
-
15 568
health
-
-
-
3 480
total
-
-
-
41 551
Employee
73 987
73 987
125 890
-
social contributions
3 595
6 141
8 282
-
income
7 769
6 849
21 807
-
health
736
1 258
2 140
-
total
12 100
14 248
32 229
-
Employer
73 987
73 987
125 890
-
health
802
1 369
2 328
-
social contributions
3 595
6 141
8 282
-
total
4 397
7 510
10 610
-
Corporate
88 794
55 003
-
-
income
11 100
6 875
-
-
total
11 100
6 875
-
-
Dividends
77 695
48 128
-
-
withholding
13 209
8 182
-
-
total
13 209
8 182
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 806
36 815
42 839
41 551
After tax
95 694
99 685
93 661
94 949
Living cost
31 208
31 208
31 208
31 208
Free-cash
64 486
68 477
62 453
63 741

Estimated living cost  is ₽31208 per week

₽21334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59081
₽61459
₽76890
₽59448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
16 687
unemployment
-
-
-
2 047
health
-
-
-
9 555
pensions
-
-
-
13 650
total
-
-
-
41 939
Employee

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

The minimum wage is 138,000 HUF per month.

25 508
10 152
114 226
-
unemployment
383
152
1 713
-
pensions
2 551
1 015
11 423
-
income
3 118
1 241
13 964
-
health
1 786
711
7 996
-
total
7 838
3 119
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.

25 508
10 152
114 226
-
pensions
4 974
1 980
22 274
-
total
4 974
1 980
22 274
-
Corporate
106 018
124 369
-
-
income
9 542
11 193
-
-
total
9 542
11 193
-
-
Dividends
96 476
113 175
-
-
social contributions
18 697
21 953
-
-
withholding
18 330
21 503
-
-
total
37 027
43 456
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 381
59 748
57 370
41 939
After tax
77 119
76 752
79 130
94 561
Living cost
17 671
17 671
17 671
17 671
Free-cash
59 448
59 081
61 459
76 890

Estimated living cost  is ₽17671 per week

₽12059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85961
₽55438
₽49925
₽79982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 292
health
-
-
-
17 744
pensions
-
-
-
27 299
total
-
-
-
63 335
Employee
27 296
-
102 017
-
unemployment
436
-
1 632
-
pensions
546
-
2 040
-
income
3 073
-
19 669
-
total
4 055
-
23 341
-
Employer
27 296
-
102 017
-
health
3 548
-
13 262
-
pensions
5 460
-
20 403
-
unemployment
219
-
816
-
total
9 227
-
34 481
-
Corporate
99 978
136 500
-
-
income
19 996
27 299
-
-
total
19 996
27 299
-
-
Dividends
79 982
109 201
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
33 278
27 299
57 822
63 335
After tax
103 222
109 201
78 678
73 165
Living cost
23 240
23 240
23 240
23 240
Free-cash
79 982
85 961
55 438
49 925

Estimated living cost  is ₽23240 per week

₽15940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10415
₽51427
₽71968
₽7763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
246
income
-
-
-
36 263
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
43 060
Employee
33 776
-
120 771
-
pensions
3 803
-
7 446
-
income
4 634
-
26 597
-
health
3 867
-
13 829
-
total
12 304
-
47 872
-
Employer
33 776
-
120 771
-
pensions
5 492
-
10 753
-
accident
564
-
2 017
-
unemployment
827
-
2 959
-
total
6 883
-
15 729
-
Corporate
95 841
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.

86 257
122 850
-
-
total
86 257
122 850
-
-
Dividends
9 584
13 650
-
-
withholding
1 821
2 593
-
-
total
1 821
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 265
125 443
63 601
43 060
After tax
29 235
11 057
72 899
93 440
Living cost
21 472
21 472
21 472
21 472
Free-cash
7 763
-10 415
51 427
71 968

Estimated living cost  is ₽21472 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121795
₽101320
₽127255
₽120318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 850
-
136 500
-
income
1 970
-
27 300
-
total
1 970
-
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%.

126 650
136 500
-
-
total
-
-
-
-
Dividends
126 650
136 500
-
-
withholding
6 332
6 825
-
-
total
6 332
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
8 302
6 825
27 300
1 365
After tax
128 198
129 675
109 200
135 135
Living cost
7 880
7 880
7 880
7 880
Free-cash
120 318
121 795
101 320
127 255

Estimated living cost  is ₽7880 per week

₽4883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74649
₽52519
₽46873
₽68152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 741
other
-
-
-
6 484
health
-
-
-
6 005
pensions

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

-
-
-
32 759
total
-
-
-
63 989
Employee
34 936
-
109 025
-
unemployment
349
-
1 090
-
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.

2 445
-
7 631
-
income
6 015
-
20 624
-
health
489
-
1 526
-
total
9 298
-
30 871
-
Employer
34 936
-
109 025
-
health
489
-
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.

5 940
-
18 533
-
accident
279
-
873
-
unemployment
349
-
1 090
-
other
1 747
-
5 450
-
total
8 804
-
27 472
-
Corporate
92 760
136 500
-
-
income
19 479
28 665
-
-
total
19 479
28 665
-
-
Dividends
73 281
107 835
-
-
withholding
5 129
7 548
-
-
total
5 129
7 548
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 710
36 213
58 343
63 989
After tax
93 790
100 287
78 157
72 511
Living cost
25 638
25 638
25 638
25 638
Free-cash
68 152
74 649
52 519
46 873

Estimated living cost  is ₽25638 per week

₽18115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29100
₽16723
₽29249
₽25617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 720
pensions
-
-
-
7 936
total
-
-
-
43 656
Employee
89 978
-
119 529
-
pensions
8 680
-
9 988
-
income
16 219
-
27 369
-
health
1 483
-
1 854
-
total
26 382
-
39 211
-
Employer
89 978
-
119 529
-
health
1 709
-
2 270
-
pensions
10 624
-
14 701
-
total
12 333
-
16 971
-
Corporate
34 190
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.

6 496
25 934
-
-
total
6 496
25 934
-
-
Dividends
27 694
110 566
-
-
withholding
2 077
17 871
-
-
total
2 077
17 871
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 288
43 805
56 182
43 656
After tax
89 212
92 695
80 318
92 844
Living cost
63 595
63 595
63 595
63 595
Free-cash
25 617
29 100
16 723
29 249

Estimated living cost  is ₽63595 per week

₽47653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽104100
₽99450
₽94451
₽99633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
20 475
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
29 442
Employee
16 693
-
129 911
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 466
-
2 949
-
income
1 669
-
12 991
-
health
768
-
1 545
-
total
4 087
-
17 854
-
Employer
16 693
-
129 911
-
health
1 152
-
2 317
-
pensions

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

1 840
-
3 701
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
202
-
total
3 276
-
6 589
-
Corporate
116 531
136 500
-
-
income
11 653
13 650
-
-
total
11 653
13 650
-
-
Dividends
104 878
122 850
-
-
withholding
5 244
6 143
-
-
total
5 244
6 143
-
-
Income
136 500
136 500
136 500
136 500
Total tax
24 260
19 793
24 443
29 442
After tax
112 240
116 707
112 057
107 058
Living cost
12 607
12 607
12 607
12 607
Free-cash
99 633
104 100
99 450
94 451

Estimated living cost  is ₽12607 per week

₽7360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13737
₽28347
₽24301
₽16155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 707
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
58 845
Employee
89 206
82 167
118 619
-
pensions
11 273
11 273
11 273
-
income

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

13 449
13 449
13 780
-
health
11 129
10 727
11 865
-
total
35 851
35 449
36 918
-
Employer
89 206
82 167
118 619
-
health
6 199
5 711
7 097
-
pensions
6 208
5 719
7 108
-
unemployment
3 212
2 958
3 676
-
total
15 619
14 388
17 881
-
Corporate
31 675
39 945
-
-
income
6 334
7 988
-
-
total
6 334
7 988
-
-
Dividends
25 340
31 957
-
-
income
5 385
6 791
-
-
withholding
3 802
4 793
-
-
total
9 187
11 584
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 991
69 409
54 799
58 845
After tax
69 509
67 091
81 701
77 655
Living cost
53 354
53 354
53 354
53 354
Free-cash
16 155
13 737
28 347
24 301

Estimated living cost  is ₽53354 per week

₽39358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70050
₽45339
₽47162
₽61514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
12 546
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
-
health
-
-
-
18 427
total
-
-
-
65 408
Employee
35 191
-
101 866
-
solidarity contribution
-
-
-
-
social contributions
2 287
-
6 621
-
income
4 223
-
12 224
-
health
4 751
-
13 752
-
total
11 261
-
32 597
-
Employer
35 191
-
101 866
-
health
3 167
-
9 168
-
social contributions
8 798
-
25 466
-
total
11 965
-
34 634
-
Corporate
89 343
136 500
-
-
income
16 975
25 935
-
-
total
16 975
25 935
-
-
Dividends
72 368
110 565
-
-
withholding
10 855
16 585
-
-
total
10 855
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 056
42 520
67 231
65 408
After tax
85 444
93 980
69 269
71 092
Living cost
23 930
23 930
23 930
23 930
Free-cash
61 514
70 050
45 339
47 162

Estimated living cost  is ₽23930 per week

₽16622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
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.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32226
₽20098
₽26566
₽27203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
35 107
regional
-
-
-
1 576
municipal
-
-
-
811
national
-
-
-
31 839
total
-
-
-
69 333
Employee
85 513
-
136 500
-
municipal
453
-
723
-
national
14 817
-
27 661
-
regional
807
-
1 389
-
social contributions
28 835
-
46 028
-
total
44 912
-
75 801
-
Employer
85 513
-
136 500
-
total
-
-
-
-
Corporate
50 987
136 500
-
-
municipal
1 988
5 324
-
-
nationa
12 237
32 761
-
-
total
14 225
38 085
-
-
Dividends
36 761
98 415
-
-
withholding
9 559
25 588
-
-
total
9 559
25 588
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 696
63 673
75 801
69 333
After tax
67 804
72 827
60 699
67 167
Living cost
40 601
40 601
40 601
40 601
Free-cash
27 203
32 226
20 098
26 566

Estimated living cost  is ₽40601 per week

₽28302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64626
₽40233
₽43541
₽61630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 154
other
-
-
-
-
surtax
-
-
-
4 554
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
71 727
Employee
31 819
-
112 763
-
other
-
-
-
-
unemployment
2 215
-
7 848
-
pensions
2 122
-
7 521
-
surtax
104
-
4 032
-
income
5 334
-
29 021
-
health
813
-
2 876
-
total
10 588
-
51 298
-
Employer
31 819
-
112 763
-
health
1 448
-
5 131
-
pensions
4 242
-
15 031
-
unemployment
1 008
-
3 575
-
other
-
-
-
-
total
6 698
-
23 737
-
Corporate
97 984
136 500
-
-
income
25 475
35 490
-
-
total
25 475
35 490
-
-
Dividends
72 508
101 010
-
-
withholding
10 877
15 152
-
-
total
10 877
15 152
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 638
50 642
75 035
71 727
After tax
82 862
85 858
61 465
64 773
Living cost
21 232
21 232
21 232
21 232
Free-cash
61 630
64 626
40 233
43 541

Estimated living cost  is ₽21232 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49248
₽36871
₽49397
₽51343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 720
pensions
-
-
-
7 936
total
-
-
-
43 656
Employee
60 301
-
119 529
-
pensions
5 118
-
9 988
-
income
10 860
-
27 369
-
health
875
-
1 854
-
total
16 853
-
39 211
-
Employer
60 301
-
119 529
-
health
1 146
-
2 270
-
pensions
6 528
-
14 701
-
total
7 674
-
16 971
-
Corporate
68 526
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.

13 020
25 934
-
-
total
13 020
25 934
-
-
Dividends
55 507
110 566
-
-
withholding
4 163
17 871
-
-
total
4 163
17 871
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 710
43 805
56 182
43 656
After tax
94 790
92 695
80 318
92 844
Living cost
43 447
43 447
43 447
43 447
Free-cash
51 343
49 248
36 871
49 397

Estimated living cost  is ₽43447 per week

₽32550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14129
₽28980
₽35614
₽18625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 731
regional
-
-
-
5 792
health
-
-
-
307
city
-
-
-
1 439
national
-
-
-
1 512
pensions
-
-
-
12 559
total
-
-
-
24 340
Employee
89 579
-
122 174
-
unemployment
-
-
-
-
pensions
7 526
-
10 263
-
national
424
-
1 198
-
regional
2 933
-
4 943
-
city
961
-
1 313
-
health
202
-
275
-
total
12 046
-
17 992
-
Employer
89 579
-
122 174
-
health
202
-
275
-
pensions
7 526
-
10 263
-
unemployment
-
-
-
-
other

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

1 791
-
2 444
-
total
9 519
-
12 982
-
Corporate
36 417
136 500
-
-
regional
7 703
28 871
-
-
national
3 094
11 603
-
-
total
10 797
40 474
-
-
Dividends
25 619
96 026
-
-
withholding
8 967
33 609
-
-
total
8 967
33 609
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 329
74 083
30 974
24 340
After tax
95 171
62 417
105 526
112 160
Living cost
76 546
76 546
76 546
76 546
Free-cash
18 625
-14 129
28 980
35 614

Estimated living cost  is ₽76546 per week

₽49777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23417
₽45193
₽29455
₽39022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income

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

-
-
-
38 536
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.

-
-
-
2 120
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.

-
-
-
6 573
trade
-
-
-
15 738
total
-
-
-
62 967
Employee

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

57 825
-
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.

374
-
2 120
-
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.

6 800
-
38 536
-
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.

6 573
-
6 573
-
total
13 747
-
47 229
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 675
136 500
-
-
income
11 801
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.

648
1 127
-
-
chamber of commerce
257
338
-
-
trade
13 494
23 410
-
-
total
26 200
45 351
-
-
Dividends
52 474
91 150
-
-
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.

701
1 232
-
-
withholding
12 752
22 422
-
-
total
13 453
23 654
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 400
69 005
47 229
62 967
After tax
83 100
67 495
89 271
73 533
Living cost
44 078
44 078
44 078
44 078
Free-cash
39 022
23 417
45 193
29 455

Estimated living cost  is ₽44078 per week

₽32193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35876
₽45786
₽44538
₽41561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 697
other
-
-
-
4 231
surtax
-
-
-
-
social contributions
-
-
-
3 889
health
-
-
-
4 742
pensions
-
-
-
27 484
total
-
-
-
59 043
Employee
41 180
-
107 612
-
pensions
4 656
-
6 666
-
surtax
-
-
-
-
social contributions
1 174
-
3 068
-
income
2 430
-
19 173
-
total
8 260
-
28 907
-
Employer
41 180
-
107 612
-
health
2 883
-
8 990
-
pensions
6 765
-
11 367
-
unemployment
1 667
-
4 358
-
social contributions
124
-
323
-
other
1 421
-
3 850
-
total
12 860
-
28 888
-
Corporate
82 460
136 500
-
-
income
23 089
38 220
-
-
surtax
-
-
-
-
total
23 089
38 220
-
-
Dividends
59 371
98 280
-
-
surtax
-
-
-
-
social contributions
10 212
16 904
-
-
withholding
7 599
12 581
-
-
total
17 811
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 020
67 705
57 795
59 043
After tax
74 480
68 795
78 705
77 457
Living cost
32 919
32 919
32 919
32 919
Free-cash
41 561
35 876
45 786
44 538

Estimated living cost  is ₽32919 per week

₽20757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39137
₽49047
₽47799
₽44483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 697
other
-
-
-
4 231
surtax
-
-
-
-
social contributions
-
-
-
3 889
health
-
-
-
4 742
pensions
-
-
-
27 484
total
-
-
-
59 043
Employee
36 759
-
107 612
-
pensions
4 158
-
6 666
-
surtax
-
-
-
-
social contributions
1 048
-
3 068
-
income
1 895
-
19 173
-
total
7 101
-
28 907
-
Employer
36 759
-
107 612
-
health
2 573
-
8 990
-
pensions
6 040
-
11 367
-
unemployment
1 488
-
4 358
-
social contributions
110
-
323
-
other
1 269
-
3 850
-
total
11 480
-
28 888
-
Corporate
88 262
136 500
-
-
income
24 714
38 220
-
-
surtax
-
-
-
-
total
24 714
38 220
-
-
Dividends
63 548
98 280
-
-
surtax
-
-
-
-
social contributions
10 930
16 904
-
-
withholding
8 134
12 581
-
-
total
19 064
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 359
67 705
57 795
59 043
After tax
74 141
68 795
78 705
77 457
Living cost
29 658
29 658
29 658
29 658
Free-cash
44 483
39 137
49 047
47 799

Estimated living cost  is ₽29658 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62873
₽65413
₽67257
₽63375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
20 476
social contributions
-
-
-
18 836
health
-
-
-
9 528
total
-
-
-
48 840
Employee
32 624
-
136 500
-
social contributions
4 503
-
18 836
-
income
5 441
-
22 320
-
health
2 277
-
9 528
-
total
12 221
-
50 684
-
Employer
32 624
-
136 500
-
total
-
-
-
-
Corporate
103 876
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%.

5 193
6 825
-
-
total
5 193
6 825
-
-
Dividends
98 683
129 675
-
-
social contributions
13 618
17 896
-
-
withholding
14 803
19 452
-
-
health
6 887
9 051
-
-
total
35 308
46 399
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 722
53 224
50 684
48 840
After tax
83 778
83 276
85 816
87 660
Living cost
20 403
20 403
20 403
20 403
Free-cash
63 375
62 873
65 413
67 257

Estimated living cost  is ₽20403 per week

₽13654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41940
₽2322
₽35564
₽40448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
31 002
surtax
-
-
-
190
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
546
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
67 032
Employee
48 086
38 344
105 846
-
other
480
383
1 059
-
unemployment
1 442
1 150
3 175
-
pensions
4 925
3 926
10 839
-
income
5 474
2 828
24 902
-
health
1 861
1 484
4 096
-
total
14 182
9 771
44 071
-
Employer
48 086
38 344
105 846
-
chamber of commerce
192
153
424
-
health
1 817
1 450
4 001
-
pensions
6 035
4 813
13 284
-
accident
624
498
1 377
-
unemployment
1 442
1 150
3 175
-
surtax
190
190
190
-
payroll
1 442
1 150
3 175
-
other
2 284
1 820
5 029
-
total
14 026
11 224
30 655
-
Corporate
74 388
86 930
102 195
-
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.

18 597
21 732
25 548
-
total
18 597
21 732
25 548
-
Dividends
55 791
65 198
-
-
withholding
15 343
17 929
-
-
total
15 343
17 929
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 148
60 656
100 274
67 032
After tax
74 352
75 844
36 226
69 468
Living cost
33 904
33 904
33 904
33 904
Free-cash
40 448
41 940
2 322
35 564

Estimated living cost  is ₽33904 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41327
₽14817
₽25005
₽26894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
communal

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

-
-
-
6 904
social contributions
-
-
-
21 440
national
-
-
-
48 069
total
-
-
-
76 413
Employee

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

68 826
-
105 724
-
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.

599
-
920
-
communal

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

3 590
-
5 514
-
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.

5 162
-
7 930
-
national
21 160
-
36 491
-
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.

3 234
-
4 970
-
total
33 745
-
55 825
-
Employer

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

68 826
-
105 724
-
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.

4 232
-
6 502
-
pensions

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

6 099
-
9 367
-
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.

895
-
1 375
-
unemployment

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

1 004
-
1 543
-
surtax
7 804
-
11 989
-
total
20 034
-
30 776
-
Corporate
47 640
136 500
-
-
income
9 528
27 299
-
-
surtax
190
546
-
-
total
9 718
27 845
-
-
Dividends
37 923
108 655
-
-
withholding

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

11 027
32 246
-
-
total
11 027
32 246
-
-
Income
136 500
136 500
136 500
136 500
Total tax
74 524
60 091
86 601
76 413
After tax
61 976
76 409
49 899
60 087
Living cost
35 082
35 082
35 082
35 082
Free-cash
26 894
41 327
14 817
25 005

Estimated living cost  is ₽35082 per week

₽22598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56635
₽37617
₽42225
₽49466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
803
income
-
-
-
32 773
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
59 527
Employee
47 895
-
108 069
-
other
47
-
89
-
unemployment
743
-
1 382
-
pensions
2 251
-
4 192
-
income
10 106
-
30 041
-
total
13 147
-
35 704
-
Employer
47 895
-
108 069
-
pensions
11 302
-
21 047
-
accident
948
-
1 766
-
unemployment
2 635
-
4 904
-
other
382
-
714
-
total
15 267
-
28 431
-
Corporate
73 338
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.

11 001
20 476
-
-
total
11 001
20 476
-
-
Dividends
62 337
116 024
-
-
withholding
12 871
24 641
-
-
total
12 871
24 641
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 286
45 117
64 135
59 527
After tax
84 214
91 383
72 365
76 973
Living cost
34 748
34 748
34 748
34 748
Free-cash
49 466
56 635
37 617
42 225

Estimated living cost  is ₽34748 per week

₽25588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29287
₽24333
₽18892
₽18789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
communal
-
-
-
8 627
accident
-
-
-
1 150
income
-
-
-
18 726
surtax
-
-
-
6 767
health
-
-
-
9 590
pensions
-
-
-
20 459
total
-
-
-
65 319
Employee
72 865
-
121 929
-
pensions
5 828
-
9 754
-
surtax
4 466
-
7 472
-
income
7 038
-
22 655
-
health
3 243
-
5 427
-
total
20 575
-
45 308
-
Employer
72 865
-
121 929
-
health
2 222
-
3 719
-
pensions
5 828
-
9 754
-
accident
656
-
1 097
-
total
8 706
-
14 570
-
Corporate
54 929
136 500
-
-
communal
3 708
9 214
-
-
income
8 239
20 476
-
-
surtax
577
1 433
-
-
total
12 524
31 123
-
-
Dividends
42 405
105 377
-
-
income
17 255
7 994
-
-
withholding
6 362
15 807
-
-
total
23 617
23 801
-
-
Income
136 500
136 500
136 500
136 500
Total tax
65 422
54 924
59 878
65 319
After tax
71 078
81 576
76 622
71 181
Living cost
52 289
52 289
52 289
52 289
Free-cash
18 789
29 287
24 333
18 892

Estimated living cost  is ₽52289 per week

₽39224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64246
₽39853
₽43161
₽61185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 154
other
-
-
-
-
surtax
-
-
-
4 554
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
71 727
Employee
32 403
-
112 763
-
other
-
-
-
-
unemployment
2 255
-
7 848
-
pensions
2 162
-
7 521
-
surtax
115
-
4 032
-
income
5 432
-
29 021
-
health
827
-
2 876
-
total
10 791
-
51 298
-
Employer
32 403
-
112 763
-
health
1 474
-
5 131
-
pensions
4 320
-
15 031
-
unemployment
1 028
-
3 575
-
other
-
-
-
-
total
6 822
-
23 737
-
Corporate
97 275
136 500
-
-
income
25 291
35 490
-
-
total
25 291
35 490
-
-
Dividends
71 985
101 010
-
-
withholding
10 799
15 152
-
-
total
10 799
15 152
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 703
50 642
75 035
71 727
After tax
82 797
85 858
61 465
64 773
Living cost
21 612
21 612
21 612
21 612
Free-cash
61 185
64 246
39 853
43 161

Estimated living cost  is ₽21612 per week

₽13048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
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.
₽6184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45828
₽34333
₽40765
₽43691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
35 107
regional
-
-
-
2 059
municipal
-
-
-
811
national
-
-
-
31 839
total
-
-
-
69 816
Employee
53 374
-
136 500
-
municipal
283
-
723
-
national
8 456
-
27 661
-
regional
719
-
1 836
-
social contributions
17 998
-
46 028
-
total
27 456
-
76 248
-
Employer
53 374
-
136 500
-
total
-
-
-
-
Corporate
83 126
136 500
-
-
municipal
4 132
6 783
-
-
nationa
19 950
32 761
-
-
total
24 082
39 544
-
-
Dividends
59 044
96 956
-
-
withholding
15 352
25 209
-
-
total
15 352
25 209
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 890
64 753
76 248
69 816
After tax
69 610
71 747
60 252
66 684
Living cost
25 919
25 919
25 919
25 919
Free-cash
43 691
45 828
34 333
40 765

Estimated living cost  is ₽25919 per week

₽16119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64492
₽39781
₽41604
₽53972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
12 546
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
-
health
-
-
-
18 427
total
-
-
-
65 408
Employee
43 365
-
101 866
-
solidarity contribution
-
-
-
-
social contributions
2 819
-
6 621
-
income
5 204
-
12 224
-
health
5 854
-
13 752
-
total
13 877
-
32 597
-
Employer
43 365
-
101 866
-
health
3 903
-
9 168
-
social contributions
10 841
-
25 466
-
total
14 744
-
34 634
-
Corporate
78 391
136 500
-
-
income
14 894
25 935
-
-
total
14 894
25 935
-
-
Dividends
63 497
110 565
-
-
withholding
9 525
16 585
-
-
total
9 525
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 040
42 520
67 231
65 408
After tax
83 460
93 980
69 269
71 092
Living cost
29 488
29 488
29 488
29 488
Free-cash
53 972
64 492
39 781
41 604

Estimated living cost  is ₽29488 per week

₽21929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45249
₽5566
₽38961
₽44770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
31 002
surtax
-
-
-
-
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
546
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
66 842
Employee
42 060
38 344
105 994
-
other
420
383
1 059
-
unemployment
1 262
1 150
3 179
-
pensions
4 307
3 926
10 853
-
income
3 747
2 828
24 953
-
health
1 627
1 484
4 103
-
total
11 363
9 771
44 147
-
Employer
42 060
38 344
105 994
-
chamber of commerce
168
153
424
-
health
1 590
1 450
4 006
-
pensions
5 279
4 813
13 302
-
accident
546
498
1 379
-
unemployment
1 262
1 150
3 179
-
surtax
-
-
-
-
payroll
1 262
1 150
3 179
-
other
1 998
1 820
5 034
-
total
12 105
11 034
30 503
-
Corporate
82 336
87 120
102 346
-
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.

20 584
21 780
25 587
-
total
20 584
21 780
25 587
-
Dividends
61 753
65 340
-
-
withholding
16 981
17 969
-
-
total
16 981
17 969
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 033
60 554
100 237
66 842
After tax
75 467
75 946
36 263
69 658
Living cost
30 697
30 697
30 697
30 697
Free-cash
44 770
45 249
5 566
38 961

Estimated living cost  is ₽30697 per week

₽18414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117396
₽96921
₽122856
₽115094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 349
-
136 500
-
income
3 070
-
27 300
-
total
3 070
-
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%.

121 151
136 500
-
-
total
-
-
-
-
Dividends
121 151
136 500
-
-
withholding
6 057
6 825
-
-
total
6 057
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
9 127
6 825
27 300
1 365
After tax
127 373
129 675
109 200
135 135
Living cost
12 279
12 279
12 279
12 279
Free-cash
115 094
117 396
96 921
122 856

Estimated living cost  is ₽12279 per week

₽8310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68172
₽38916
₽42535
₽60125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
136 500
income
-
-
-
29 594
unemployment
-
-
-
205
health
-
-
-
13 431
pensions
-
-
-
24 927
total
-
-
-
68 157
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.

42 548
-
118 109
-
unemployment
60
-
166
-
pensions
6 595
-
18 307
-
income
7 337
-
27 282
-
health
2 748
-
7 631
-
total
16 740
-
53 386
-
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.

42 548
-
118 109
-
health
2 834
-
7 866
-
pensions
3 765
-
10 453
-
unemployment
26
-
71
-
total
6 625
-
18 390
-
Corporate
87 328
136 500
-
-
income
16 592
25 935
-
-
total
16 592
25 935
-
-
Dividends
70 735
110 565
-
-
withholding
10 610
16 585
-
-
total
10 610
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 567
42 520
71 776
68 157
After tax
85 933
93 980
64 724
68 343
Living cost
25 808
25 808
25 808
25 808
Free-cash
60 125
68 172
38 916
42 535

Estimated living cost  is ₽25808 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41431
₽82196
₽52716
-₽7307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
26 607
social contributions
-
-
-
15 561
total
-
-
-
42 168
Employee
59 671
-
-
-
social contributions
4 893
-
697
-
income
13 162
-
-
-
total
18 055
-
697
-
Employer
59 671
-
-
-
social contributions
84 136
-
11 991
-
total
84 136
-
11 991
-
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
102 191
53 453
12 688
42 168
After tax
34 309
83 047
123 812
94 332
Living cost
41 616
41 616
41 616
41 616
Free-cash
-7 307
41 431
82 196
52 716

Estimated living cost  is ₽41616 per week

₽27002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47461
₽34689
₽44050
₽46491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income
-
-
-
14 835
surtax
-
-
-
-
social contributions

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

-
-
-
47 434
total
-
-
-
62 269
Employee
44 253
-
110 303
-
surtax
-
-
-
-
social contributions
4 868
-
12 133
-
income
9 205
-
33 300
-
total
14 073
-
45 433
-
Employer
44 253
-
110 303
-
social contributions
10 510
-
26 197
-
total
10 510
-
26 197
-
Corporate
81 737
136 500
-
-
income
17 165
28 665
-
-
surtax
-
-
-
-
total
17 165
28 665
-
-
Dividends
64 572
107 835
-
-
withholding
18 080
30 193
-
-
total
18 080
30 193
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 828
58 858
71 630
62 269
After tax
76 672
77 642
64 870
74 231
Living cost
30 181
30 181
30 181
30 181
Free-cash
46 491
47 461
34 689
44 050

Estimated living cost  is ₽30181 per week

₽22581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22323
₽32233
₽30985
₽28939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 697
other
-
-
-
4 231
surtax
-
-
-
-
social contributions
-
-
-
3 889
health
-
-
-
4 742
pensions
-
-
-
27 484
total
-
-
-
59 043
Employee
60 263
-
107 612
-
pensions
6 816
-
6 666
-
surtax
-
-
-
-
social contributions
1 716
-
3 068
-
income
5 258
-
19 173
-
total
13 790
-
28 907
-
Employer
60 263
-
107 612
-
health
4 218
-
8 990
-
pensions
9 902
-
11 367
-
unemployment
2 441
-
4 358
-
social contributions
181
-
323
-
other
2 080
-
3 850
-
total
18 822
-
28 888
-
Corporate
57 415
136 500
-
-
income
16 075
38 220
-
-
surtax
-
-
-
-
total
16 075
38 220
-
-
Dividends
41 340
98 280
-
-
surtax
-
-
-
-
social contributions
7 110
16 904
-
-
withholding
5 292
12 581
-
-
total
12 402
29 485
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 089
67 705
57 795
59 043
After tax
75 411
68 795
78 705
77 457
Living cost
46 472
46 472
46 472
46 472
Free-cash
28 939
22 323
32 233
30 985

Estimated living cost  is ₽46472 per week

₽31452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93926
₽76368
₽72742
₽90695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 804
social contributions
-
-
-
30 031
total
-
-
-
34 835
Employee
30 933
-
118 181
-
income
-
-
5 208
-
social contributions
2 010
-
7 682
-
total
2 010
-
12 890
-
Employer
30 933
-
118 181
-
social contributions
4 795
-
18 319
-
total
4 795
-
18 319
-
Corporate
100 772
136 500
-
-
income
10 077
13 651
-
-
total
10 077
13 651
-
-
Dividends
90 695
122 849
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
16 882
13 651
31 209
34 835
After tax
119 618
122 849
105 291
101 665
Living cost
28 923
28 923
28 923
28 923
Free-cash
90 695
93 926
76 368
72 742

Estimated living cost  is ₽28923 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72806
-₽72806
₽36130
-₽72806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
labour market
-
-
-
10 853
municipal
-
-
-
27 462
national
-
-
-
14 957
pensions
-
-
-
833
total
-
-
-
54 105
Employee
195 275
195 275
195 275
-
municipal
41 583
41 583
41 583
-
labour market
15 600
15 600
15 600
-
pensions
278
278
278
-
national
23 856
23 856
23 856
-
total
81 317
81 317
81 317
-
Employer
195 275
195 275
195 275
-
national
23 898
23 898
23 898
-
labour market
15 622
15 622
15 622
-
pensions
555
555
555
-
municipal
41 649
41 649
41 649
-
total
81 724
81 724
81 724
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
163 041
163 041
163 041
54 105
After tax
-26 541
-26 541
-26 541
82 395
Living cost
46 265
46 265
46 265
46 265
Free-cash
-72 806
-72 806
-72 806
36 130

Estimated living cost  is ₽46265 per week

₽31665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽10098
₽51744
₽72285
₽7812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
246
income
-
-
-
36 263
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
43 060
Employee
33 278
-
120 771
-
pensions
3 747
-
7 446
-
income
4 565
-
26 597
-
health
3 811
-
13 829
-
total
12 123
-
47 872
-
Employer
33 278
-
120 771
-
pensions
5 411
-
10 753
-
accident
556
-
2 017
-
unemployment
815
-
2 959
-
total
6 782
-
15 729
-
Corporate
96 440
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.

86 796
122 850
-
-
total
86 796
122 850
-
-
Dividends
9 644
13 650
-
-
withholding
1 832
2 593
-
-
total
1 832
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 533
125 443
63 601
43 060
After tax
28 967
11 057
72 899
93 440
Living cost
21 155
21 155
21 155
21 155
Free-cash
7 812
-10 098
51 744
72 285

Estimated living cost  is ₽21155 per week

₽15398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50642
₽36761
₽55478
₽51996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
136 500
health
-
-
-
1 700
municipal
-
-
-
24 265
national
-
-
-
18 116
total
-
-
-
44 081
Employee
50 622
-
114 832
-
municipal
8 292
-
18 718
-
unemployment
760
-
1 722
-
pensions
3 416
-
7 751
-
national
836
-
11 570
-
health
378
-
1 368
-
total
13 682
-
41 129
-
Employer
50 622
-
114 832
-
health
389
-
884
-
pensions
8 783
-
19 923
-
accident
51
-
115
-
unemployment
329
-
747
-
total
9 552
-
21 669
-
Corporate
76 326
136 500
-
-
income
15 265
27 299
-
-
total
15 265
27 299
-
-
Dividends

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

45 796
81 900
-
-
municipal
8 244
14 742
-
-
national
820
6 876
-
-
total
9 064
21 618
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 563
48 917
62 798
44 081
After tax
88 937
87 583
73 702
92 419
Living cost
36 941
36 941
36 941
36 941
Free-cash
51 996
50 642
36 761
55 478

Estimated living cost  is ₽36941 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77408
₽71384
₽72672
₽72172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 503
social contributions
-
-
-
15 568
health
-
-
-
3 480
total
-
-
-
41 551
Employee
73 987
73 987
125 890
-
social contributions
2 797
6 141
8 282
-
income
8 056
6 849
21 807
-
health
573
1 258
2 140
-
total
11 426
14 248
32 229
-
Employer
73 987
73 987
125 890
-
health
623
1 369
2 328
-
social contributions
2 797
6 141
8 282
-
total
3 420
7 510
10 610
-
Corporate
99 376
55 003
-
-
income
12 422
6 875
-
-
total
12 422
6 875
-
-
Dividends
86 954
48 128
-
-
withholding
14 783
8 182
-
-
total
14 783
8 182
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 051
36 815
42 839
41 551
After tax
94 449
99 685
93 661
94 949
Living cost
22 277
22 277
22 277
22 277
Free-cash
72 172
77 408
71 384
72 672

Estimated living cost  is ₽22277 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97758
₽78680
₽97978
₽92865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
136 500
income
-
-
-
13 616
unemployment
-
-
-
27
health
-
-
-
3 482
pensions
-
-
-
6 120
total
-
-
-
23 245
Employee

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

22 085
-
127 096
-
unemployment
110
-
456
-
pensions
3 312
-
13 694
-
income
1 510
-
11 230
-
health
1 877
-
7 760
-
total
6 809
-
33 140
-
Employer

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

22 085
-
127 096
-
health
949
-
3 926
-
pensions
1 214
-
5 021
-
unemployment
110
-
456
-
total
2 273
-
9 403
-
Corporate
112 141
136 500
-
-
income
10 092
12 285
-
-
total
10 092
12 285
-
-
Dividends
102 049
124 215
-
-
withholding
9 184
11 180
-
-
total
9 184
11 180
-
-
Income
136 500
136 500
136 500
136 500
Total tax
28 358
23 465
42 543
23 245
After tax
108 142
113 035
93 957
113 255
Living cost
15 277
15 277
15 277
15 277
Free-cash
92 865
97 758
78 680
97 978

Estimated living cost  is ₽15277 per week

₽9747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
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.
₽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 Podgorica model

Close
Valencia , Spain
₽64924
₽45906
₽50514
₽60373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
803
income
-
-
-
32 773
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
59 527
Employee
35 578
-
108 069
-
other
35
-
89
-
unemployment
551
-
1 382
-
pensions
1 673
-
4 192
-
income
6 859
-
30 041
-
total
9 118
-
35 704
-
Employer
35 578
-
108 069
-
pensions
8 396
-
21 047
-
accident
705
-
1 766
-
unemployment
1 957
-
4 904
-
other
285
-
714
-
total
11 343
-
28 431
-
Corporate
89 580
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.

13 437
20 476
-
-
total
13 437
20 476
-
-
Dividends
76 143
116 024
-
-
withholding
15 770
24 641
-
-
total
15 770
24 641
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 668
45 117
64 135
59 527
After tax
86 832
91 383
72 365
76 973
Living cost
26 459
26 459
26 459
26 459
Free-cash
60 373
64 924
45 906
50 514

Estimated living cost  is ₽26459 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
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.
₽5593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83306
₽85624
₽85757
₽83000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 520
health
-
-
-
989
pensions
-
-
-
1 364
total
-
-
-
48 873
Employee
2 848
-
134 965
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
46 449
-
health
142
-
341
-
total
977
-
47 472
-
Employer
2 848
-
134 965
-
health
271
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
641
-
1 534
-
Corporate
133 011
136 500
-
-
income
29 262
30 030
-
-
total
29 262
30 030
-
-
Dividends
103 749
106 470
-
-
withholding
20 750
21 294
-
-
total
20 750
21 294
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 630
51 324
49 006
48 873
After tax
84 870
85 176
87 494
87 627
Living cost
1 870
1 870
1 870
1 870
Free-cash
83 000
83 306
85 624
85 757

Estimated living cost  is ₽1870 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81988
₽62893
₽62892
₽77256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
136 500
income
-
-
-
30 108
unemployment
-
-
-
1 066
health
-
-
-
7 321
pensions
-
-
-
18 480
total
-
-
-
56 975
Employee

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

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

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

25 081
-
123 777
-
unemployment
188
-
533
-
pensions
3 511
-
9 951
-
income
3 457
-
30 108
-
health
1 292
-
3 660
-
total
8 448
-
44 252
-
Employer

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

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

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

25 081
-
123 777
-
health
1 292
-
3 660
-
pensions
3 010
-
8 529
-
unemployment
188
-
533
-
total
4 490
-
12 722
-
Corporate
106 930
136 500
-
-
income
16 039
20 475
-
-
total
16 039
20 475
-
-
Dividends
90 890
116 025
-
-
withholding
13 634
17 404
-
-
total
13 634
17 404
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 611
37 879
56 974
56 975
After tax
93 889
98 621
79 526
79 525
Living cost
16 633
16 633
16 633
16 633
Free-cash
77 256
81 988
62 893
62 892

Estimated living cost  is ₽16633 per week

₽11199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51702
₽38930
₽48291
₽51354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income
-
-
-
14 835
surtax
-
-
-
-
social contributions

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

-
-
-
47 434
total
-
-
-
62 269
Employee
37 344
-
110 303
-
surtax
-
-
-
-
social contributions
4 108
-
12 133
-
income
7 297
-
33 300
-
total
11 405
-
45 433
-
Employer
37 344
-
110 303
-
social contributions
8 869
-
26 197
-
total
8 869
-
26 197
-
Corporate
90 287
136 500
-
-
income
18 960
28 665
-
-
surtax
-
-
-
-
total
18 960
28 665
-
-
Dividends
71 327
107 835
-
-
withholding
19 972
30 193
-
-
total
19 972
30 193
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 206
58 858
71 630
62 269
After tax
77 294
77 642
64 870
74 231
Living cost
25 940
25 940
25 940
25 940
Free-cash
51 354
51 702
38 930
48 291

Estimated living cost  is ₽25940 per week

₽18372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57568
₽38550
₽43158
₽50727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
803
income
-
-
-
32 773
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
59 527
Employee
46 469
-
108 069
-
other
46
-
89
-
unemployment
719
-
1 382
-
pensions
2 184
-
4 192
-
income
9 706
-
30 041
-
total
12 655
-
35 704
-
Employer
46 469
-
108 069
-
pensions
10 966
-
21 047
-
accident
920
-
1 766
-
unemployment
2 556
-
4 904
-
other
372
-
714
-
total
14 814
-
28 431
-
Corporate
75 215
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.

11 282
20 476
-
-
total
11 282
20 476
-
-
Dividends
63 933
116 024
-
-
withholding
13 207
24 641
-
-
total
13 207
24 641
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 958
45 117
64 135
59 527
After tax
84 542
91 383
72 365
76 973
Living cost
33 815
33 815
33 815
33 815
Free-cash
50 727
57 568
38 550
43 158

Estimated living cost  is ₽33815 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽100167
₽95517
₽90518
₽94306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
20 475
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
29 442
Employee
21 902
-
129 911
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 923
-
2 949
-
income
2 191
-
12 991
-
health
1 008
-
1 545
-
total
5 363
-
17 854
-
Employer
21 902
-
129 911
-
health
1 511
-
2 317
-
pensions

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

2 414
-
3 701
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
202
-
total
4 298
-
6 589
-
Corporate
110 301
136 500
-
-
income
11 030
13 650
-
-
total
11 030
13 650
-
-
Dividends
99 270
122 850
-
-
withholding
4 963
6 143
-
-
total
4 963
6 143
-
-
Income
136 500
136 500
136 500
136 500
Total tax
25 654
19 793
24 443
29 442
After tax
110 846
116 707
112 057
107 058
Living cost
16 540
16 540
16 540
16 540
Free-cash
94 306
100 167
95 517
90 518

Estimated living cost  is ₽16540 per week

₽10940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33155
₽52124
₽38955
₽45744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income

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

-
-
-
38 536
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.

-
-
-
2 120
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.

-
-
-
6 573
trade
-
-
-
13 169
total
-
-
-
60 398
Employee

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

47 875
-
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.

217
-
2 120
-
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.

3 937
-
38 536
-
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.

6 573
-
6 573
-
total
10 727
-
47 229
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 625
136 500
-
-
income
13 295
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.

730
1 127
-
-
chamber of commerce
276
347
-
-
trade
12 718
19 588
-
-
total
27 019
41 538
-
-
Dividends
61 607
94 962
-
-
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.

827
1 285
-
-
withholding
15 036
23 375
-
-
total
15 863
24 660
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 609
66 198
47 229
60 398
After tax
82 891
70 302
89 271
76 102
Living cost
37 147
37 147
37 147
37 147
Free-cash
45 744
33 155
52 124
38 955

Estimated living cost  is ₽37147 per week

₽25625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40740
₽20983
₽20983
₽42865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
38 697
social contributions
-
-
-
22 010
total
-
-
-
60 707
Employee
75 264
-
136 500
-
income
14 202
-
38 697
-
social contributions
6 253
-
22 010
-
total
20 455
-
60 707
-
Employer
75 264
-
136 500
-
total
-
-
-
-
Corporate
61 236
136 500
-
-
income
7 654
17 063
-
-
total
7 654
17 063
-
-
Dividends
53 582
119 437
-
-
withholding
10 716
23 887
-
-
total
10 716
23 887
-
-
Income
136 500
136 500
136 500
136 500
Total tax
38 825
40 950
60 707
60 707
After tax
97 675
95 550
75 793
75 793
Living cost
54 810
54 810
54 810
54 810
Free-cash
42 865
40 740
20 983
20 983

Estimated living cost  is ₽54810 per week

₽41699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48715
₽64140
₽68294
₽52079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
136 500
income
-
-
-
27 389
health

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

-
-
-
5 890
total
-
-
-
33 279
Employee
44 139
-
132 074
-
income
4 789
-
28 581
-
social contributions
4 422
-
4 426
-
total
9 211
-
33 007
-
Employer
44 139
-
132 074
-
social contributions
4 422
-
4 426
-
total
4 422
-
4 426
-
Corporate
87 938
136 500
-
-
income
30 778
47 775
-
-
total
30 778
47 775
-
-
Dividends
57 161
88 725
-
-
social contributions
5 083
5 083
-
-
total
5 083
5 083
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 494
52 858
37 433
33 279
After tax
87 006
83 642
99 067
103 221
Living cost
34 927
34 927
34 927
34 927
Free-cash
52 079
48 715
64 140
68 294

Estimated living cost  is ₽34927 per week

₽23007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57374
₽44997
₽57523
₽61588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 720
pensions
-
-
-
7 936
total
-
-
-
43 656
Employee
48 483
-
119 529
-
pensions
3 700
-
9 988
-
income
8 829
-
27 369
-
health
632
-
1 854
-
total
13 161
-
39 211
-
Employer
48 483
-
119 529
-
health
921
-
2 270
-
pensions
4 898
-
14 701
-
total
5 819
-
16 971
-
Corporate
82 198
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.

15 618
25 934
-
-
total
15 618
25 934
-
-
Dividends
66 579
110 566
-
-
withholding
4 993
17 871
-
-
total
4 993
17 871
-
-
Income
136 500
136 500
136 500
136 500
Total tax
39 591
43 805
56 182
43 656
After tax
96 909
92 695
80 318
92 844
Living cost
35 321
35 321
35 321
35 321
Free-cash
61 588
57 374
44 997
57 523

Estimated living cost  is ₽35321 per week

₽24230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12192
₽49650
₽70191
₽7492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
246
income
-
-
-
36 263
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
43 060
Employee
36 572
-
120 771
-
pensions
4 118
-
7 446
-
income
5 017
-
26 597
-
health
4 187
-
13 829
-
total
13 322
-
47 872
-
Employer
36 572
-
120 771
-
pensions
5 946
-
10 753
-
accident
611
-
2 017
-
unemployment
896
-
2 959
-
total
7 453
-
15 729
-
Corporate
92 475
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.

83 227
122 850
-
-
total
83 227
122 850
-
-
Dividends
9 248
13 650
-
-
withholding
1 757
2 593
-
-
total
1 757
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
105 759
125 443
63 601
43 060
After tax
30 741
11 057
72 899
93 440
Living cost
23 249
23 249
23 249
23 249
Free-cash
7 492
-12 192
49 650
70 191

Estimated living cost  is ₽23249 per week

₽17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101891
₽80394
₽63978
₽97396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income
-
-
-
22 011
unemployment
-
-
-
1 638
work injury
-
-
-
682
health insurance
-
-
-
10 101
pensions
-
-
-
25 116
total
-
-
-
59 548
Employee

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

20 758
-
136 500
-
health insurance
1 536
-
5 683
-
unemployment
249
-
922
-
work injury
104
-
384
-
pensions
3 820
-
14 132
-
income
2 076
-
22 011
-
total
7 785
-
43 132
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 742
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%.

1 157
1 365
-
-
total
1 157
1 365
-
-
Dividends
114 584
135 135
-
-
withholding
17 188
20 270
-
-
total
17 188
20 270
-
-
Income
136 500
136 500
136 500
136 500
Total tax
26 130
21 635
43 132
59 548
After tax
110 370
114 865
93 368
76 952
Living cost
12 974
12 974
12 974
12 974
Free-cash
97 396
101 891
80 394
63 978

Estimated living cost  is ₽12974 per week

₽8038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽33567
₽20998
₽27220
₽29192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
35 107
regional
-
-
-
3 090
municipal
-
-
-
913
national
-
-
-
31 839
total
-
-
-
70 949
Employee
81 080
-
136 500
-
municipal
484
-
814
-
national
13 702
-
27 661
-
regional
1 224
-
2 668
-
social contributions
27 340
-
46 028
-
total
42 750
-
77 171
-
Employer
81 080
-
136 500
-
total
-
-
-
-
Corporate
55 420
136 500
-
-
municipal
2 671
6 579
-
-
nationa
13 300
32 761
-
-
total
15 971
39 340
-
-
Dividends
39 449
97 160
-
-
withholding
10 256
25 262
-
-
total
10 256
25 262
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 977
64 602
77 171
70 949
After tax
67 523
71 898
59 329
65 551
Living cost
38 331
38 331
38 331
38 331
Free-cash
29 192
33 567
20 998
27 220

Estimated living cost  is ₽38331 per week

₽26925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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