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
₽38955
₽49890
₽45429
₽59687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
trade
-
-
-
14 258
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.

-
-
-
38 015
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.

-
-
-
6 756
surtax

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

-
-
-
2 090
total
-
-
-
61 119
Employee

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

37 822
-
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.

1 057
-
38 015
-
surtax

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

58
-
2 090
-
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.

6 756
-
6 756
-
total
7 871
-
46 861
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 678
136 500
-
-
income
14 802
20 475
-
-
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.

814
1 126
-
-
trade
15 542
21 498
-
-
chamber of commerce
293
347
-
-
total
31 451
43 446
-
-
Dividends
67 227
93 054
-
-
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.

905
1 259
-
-
withholding
16 431
22 888
-
-
total
17 336
24 147
-
-
Income
136 500
136 500
136 500
136 500
Total tax
56 658
67 593
46 861
61 119
After tax
79 842
68 907
89 639
75 381
Living cost
29 952
29 952
29 952
29 952
Free-cash
49 890
38 955
59 687
45 429

Estimated living cost  is ₽29952 per week

₽18841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31602
₽30711
₽27850
₽28921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 602
national
-
-
-
22 627
pensions
-
-
-
16 380
social contributions
-
-
-
1 467
total
-
-
-
55 076
Employee
83 050
-
118 003
-
national
15 896
-
23 446
-
pensions
3 322
-
4 720
-
municipal
10 258
-
15 130
-
total
29 476
-
43 296
-
Employer
83 050
-
118 003
-
social contributions
893
-
1 269
-
pensions
6 644
-
9 440
-
total
7 537
-
10 709
-
Corporate
40 432
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%.

8 086
27 300
-
-
total
8 086
27 300
-
-
Dividends
32 346
109 200
-
-
withholding
7 116
24 024
-
-
total
7 116
24 024
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 215
51 324
54 005
55 076
After tax
84 285
85 176
82 495
81 424
Living cost
53 574
53 574
53 574
53 574
Free-cash
30 711
31 602
28 921
27 850

Estimated living cost  is ₽53574 per week

₽36414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽802
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88627
₽80514
₽21677
₽55937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
21 554
surtax
-
-
-
34 808
social contributions

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

-
-
-
37 888
total
-
-
-
94 250
Employee
28 895
-
110 001
-
social contributions

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

3 179
-
12 100
-
income
5 144
-
21 391
-
surtax
-
-
-
-
total
8 323
-
33 491
-
Employer
28 895
-
110 001
-
social contributions

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

6 960
-
26 499
-
surtax
-
-
-
-
total
6 960
-
26 499
-
Corporate
100 645
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%.

20 130
27 300
-
-
total
20 130
27 300
-
-
Dividends

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

80 515
109 200
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
35 413
27 300
59 990
94 250
After tax
101 087
109 200
76 510
42 250
Living cost
20 573
20 573
20 573
20 573
Free-cash
80 514
88 627
55 937
21 677

Estimated living cost  is ₽20573 per week

₽13125
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.
₽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.
₽5022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25594
₽19537
₽36557
₽39096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 738
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
58 518
Employee
84 445
84 445
118 123
-
pensions
15 200
11 586
11 586
-
income

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

13 822
13 822
13 822
-
health
12 961
11 025
12 194
-
total
41 983
36 433
37 602
-
Employer
84 445
84 445
118 123
-
health
5 870
5 870
7 294
-
pensions
5 877
5 877
7 305
-
unemployment
3 040
3 040
3 778
-
total
14 787
14 787
18 377
-
Corporate
38 303
37 267
-
-
income
7 660
7 454
-
-
total
7 660
7 454
-
-
Dividends
30 643
29 814
-
-
income
6 512
6 335
-
-
withholding
4 596
4 472
-
-
total
11 108
10 807
-
-
Income
136 500
136 500
136 500
136 500
Total tax
75 538
69 481
55 979
58 518
After tax
60 962
67 019
80 521
77 982
Living cost
41 425
41 425
41 425
41 425
Free-cash
19 537
25 594
39 096
36 557

Estimated living cost  is ₽41425 per week

₽29357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35054
₽34169
₽32781
₽31718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 230
national
-
-
-
5 950
unemployment
-
-
-
87
accident
-
-
-
173
health
-
-
-
5 399
pensions
-
-
-
9 352
other
-
-
-
10 053
total
-
-
-
64 244
Employee
56 249
-
109 317
-
national
-
-
5 526
-
municipal
16 773
-
32 598
-
total
16 773
-
38 124
-
Employer
56 249
-
109 317
-
health
3 459
-
5 321
-
pensions
6 080
-
9 352
-
accident
113
-
173
-
other
6 536
-
10 053
-
unemployment
1 485
-
2 284
-
total
17 673
-
27 183
-
Corporate
62 578
136 500
-
-
income
13 767
30 030
-
-
total
13 767
30 030
-
-
Dividends
48 811
106 470
-
-
withholding
14 643
31 941
-
-
total
14 643
31 941
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 856
61 971
65 307
64 244
After tax
73 644
74 529
71 193
72 256
Living cost
39 475
39 475
39 475
39 475
Free-cash
34 169
35 054
31 718
32 781

Estimated living cost  is ₽39475 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29358
₽43251
₽35901
₽50792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
trade
-
-
-
14 891
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.

-
-
-
38 015
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.

-
-
-
6 756
surtax

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

-
-
-
2 090
total
-
-
-
61 752
Employee

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

50 147
-
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.

4 309
-
38 015
-
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.

236
-
2 090
-
health

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

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

6 756
-
6 756
-
total
11 301
-
46 861
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 353
136 500
-
-
income
12 952
20 475
-
-
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.

713
1 126
-
-
trade
14 206
22 455
-
-
chamber of commerce
272
343
-
-
total
28 143
44 399
-
-
Dividends
58 210
92 101
-
-
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.

781
1 246
-
-
withholding
14 177
22 650
-
-
total
14 958
23 896
-
-
Income
136 500
136 500
136 500
136 500
Total tax
54 402
68 295
46 861
61 752
After tax
82 098
68 205
89 639
74 748
Living cost
38 847
38 847
38 847
38 847
Free-cash
43 251
29 358
50 792
35 901

Estimated living cost  is ₽38847 per week

₽25981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽67627
₽63524
₽63111
₽61807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
21 834
health
-
-
-
3 481
social contributions
-
-
-
16 000
total
-
-
-
41 315
Employee
76 039
76 039
125 663
-
social contributions
3 695
6 311
8 512
-
income
7 985
7 039
21 134
-
health
756
1 293
2 136
-
total
12 436
14 643
31 782
-
Employer
76 039
76 039
125 663
-
social contributions
3 695
6 311
8 512
-
health
824
1 407
2 325
-
total
4 519
7 718
10 837
-
Corporate
87 471
52 743
-
-
income
10 935
6 592
-
-
total
10 935
6 592
-
-
Dividends
76 537
46 150
-
-
withholding
13 012
7 846
-
-
total
13 012
7 846
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 902
36 799
42 619
41 315
After tax
95 598
99 701
93 881
95 185
Living cost
32 074
32 074
32 074
32 074
Free-cash
63 524
67 627
61 807
63 111

Estimated living cost  is ₽32074 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
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.
₽7105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57426
₽57831
₽75201
₽59771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

27 945
11 122
114 226
-
pensions
2 794
1 112
11 423
-
unemployment
419
167
1 713
-
income
3 416
1 360
13 964
-
health
1 956
779
7 996
-
total
8 585
3 418
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.

27 945
11 122
114 226
-
pensions
5 449
2 169
22 274
-
total
5 449
2 169
22 274
-
Corporate
103 106
123 210
-
-
income
9 280
11 089
-
-
total
9 280
11 089
-
-
Dividends
93 827
112 121
-
-
social contributions
18 169
21 736
-
-
withholding
17 827
21 303
-
-
total
35 996
43 039
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 310
59 715
57 370
41 940
After tax
77 190
76 785
79 130
94 560
Living cost
19 359
19 359
19 359
19 359
Free-cash
57 831
57 426
59 771
75 201

Estimated living cost  is ₽19359 per week

₽13211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85315
₽79174
₽49279
₽54792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
18 291
health
-
-
-
17 745
pensions
-
-
-
27 300
total
-
-
-
63 336
Employee
28 053
-
102 018
-
pensions
561
-
2 040
-
unemployment
448
-
1 633
-
income
3 158
-
19 668
-
total
4 167
-
23 341
-
Employer
28 053
-
102 018
-
health
3 646
-
13 262
-
pensions
5 611
-
20 404
-
unemployment
225
-
816
-
total
9 482
-
34 482
-
Corporate
98 965
136 500
-
-
income
19 792
27 300
-
-
total
19 792
27 300
-
-
Dividends
79 173
109 200
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
33 441
27 300
57 823
63 336
After tax
103 059
109 200
78 677
73 164
Living cost
23 885
23 885
23 885
23 885
Free-cash
79 174
85 315
54 792
49 279

Estimated living cost  is ₽23885 per week

₽16382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10529
₽7746
₽71856
₽51281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
36 224
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
43 058
Employee
33 955
-
120 717
-
pensions
3 823
-
7 486
-
income
4 658
-
26 542
-
health
3 888
-
13 822
-
total
12 369
-
47 850
-
Employer
33 955
-
120 717
-
pensions
5 521
-
10 810
-
accident
567
-
2 016
-
unemployment
832
-
2 957
-
total
6 920
-
15 783
-
Corporate
95 625
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.

86 062
122 850
-
-
total
86 062
122 850
-
-
Dividends
9 562
13 650
-
-
withholding
1 817
2 593
-
-
total
1 817
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 168
125 443
63 633
43 058
After tax
29 332
11 057
72 867
93 442
Living cost
21 586
21 586
21 586
21 586
Free-cash
7 746
-10 529
51 281
71 856

Estimated living cost  is ₽21586 per week

₽15820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121182
₽119590
₽126642
₽100707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
microenterprise

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

-
-
-
1 365
total
-
-
-
1 365
Employee
10 616
-
136 500
-
income
2 123
-
27 300
-
total
2 123
-
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%.

125 884
136 500
-
-
total
-
-
-
-
Dividends
125 884
136 500
-
-
withholding
6 294
6 825
-
-
total
6 294
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
8 417
6 825
27 300
1 365
After tax
128 083
129 675
109 200
135 135
Living cost
8 493
8 493
8 493
8 493
Free-cash
119 590
121 182
100 707
126 642

Estimated living cost  is ₽8493 per week

₽5263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73938
₽67260
₽46272
₽51917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 629
health
-
-
-
6 007
pensions

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

-
-
-
32 759
other
-
-
-
6 484
total
-
-
-
63 879
Employee
35 905
-
109 025
-
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.

2 513
-
7 632
-
unemployment
358
-
1 090
-
income
6 181
-
20 511
-
health
503
-
1 526
-
total
9 555
-
30 759
-
Employer
35 905
-
109 025
-
health
503
-
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.

6 104
-
18 535
-
accident
287
-
873
-
other
1 796
-
5 451
-
unemployment
358
-
1 090
-
total
9 048
-
27 475
-
Corporate
91 546
136 500
-
-
income
19 225
28 664
-
-
total
19 225
28 664
-
-
Dividends
72 321
107 836
-
-
withholding
5 063
7 549
-
-
total
5 063
7 549
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 891
36 213
58 234
63 879
After tax
93 609
100 287
78 266
72 621
Living cost
26 349
26 349
26 349
26 349
Free-cash
67 260
73 938
51 917
46 272

Estimated living cost  is ₽26349 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26935
₽21974
₽26825
₽14254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 874
pensions
-
-
-
8 183
total
-
-
-
43 057
Employee
94 255
-
119 602
-
pensions
9 093
-
10 350
-
income
16 990
-
26 494
-
health
1 553
-
1 885
-
total
27 636
-
38 729
-
Employer
94 255
-
119 602
-
health
1 790
-
2 273
-
pensions
11 129
-
14 626
-
total
12 919
-
16 899
-
Corporate
29 326
136 500
-
-
income

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

5 572
25 934
-
-
total
5 572
25 934
-
-
Dividends
23 754
110 566
-
-
withholding
1 781
17 013
-
-
total
1 781
17 013
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 908
42 947
55 628
43 057
After tax
88 592
93 553
80 872
93 443
Living cost
66 618
66 618
66 618
66 618
Free-cash
21 974
26 935
14 254
26 825

Estimated living cost  is ₽66618 per week

₽49918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103664
₽99044
₽93703
₽98637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
139
income
-
-
-
20 475
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
29 753
Employee
17 272
-
129 682
-
pensions

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

1 516
-
3 051
-
income
1 727
-
12 969
-
health
794
-
1 599
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 227
-
18 001
-
Employer
17 272
-
129 682
-
health
1 192
-
2 398
-
pensions

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

1 904
-
3 829
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
209
-
total
3 389
-
6 818
-
Corporate
115 839
136 500
-
-
income
11 583
13 650
-
-
total
11 583
13 650
-
-
Dividends
104 256
122 850
-
-
withholding
5 213
6 142
-
-
total
5 213
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
24 412
19 792
24 819
29 753
After tax
112 088
116 708
111 681
106 747
Living cost
13 044
13 044
13 044
13 044
Free-cash
99 044
103 664
98 637
93 703

Estimated living cost  is ₽13044 per week

₽7615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12185
₽14671
₽23148
₽25687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 738
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
58 518
Employee
91 680
84 445
118 123
-
pensions
11 586
11 586
11 586
-
income

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

13 822
13 822
13 822
-
health
11 438
11 025
12 194
-
total
36 846
36 433
37 602
-
Employer
91 680
84 445
118 123
-
health
6 371
5 870
7 294
-
pensions
6 380
5 877
7 305
-
unemployment
3 301
3 040
3 778
-
total
16 052
14 787
18 377
-
Corporate
28 767
37 267
-
-
income
5 754
7 454
-
-
total
5 754
7 454
-
-
Dividends
23 014
29 814
-
-
income
4 890
6 335
-
-
withholding
3 453
4 472
-
-
total
8 343
10 807
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 995
69 481
55 979
58 518
After tax
69 505
67 019
80 521
77 982
Living cost
54 834
54 834
54 834
54 834
Free-cash
14 671
12 185
25 687
23 148

Estimated living cost  is ₽54834 per week

₽40449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69356
₽60571
₽45619
₽44645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
12 396
health
-
-
-
18 428
social contributions
-
-
-
35 433
total
-
-
-
66 257
Employee
36 211
-
101 866
-
social contributions
2 354
-
6 621
-
income
4 345
-
12 224
-
solidarity contribution
-
-
-
-
health
4 889
-
13 752
-
total
11 588
-
32 597
-
Employer
36 211
-
101 866
-
social contributions
9 053
-
25 466
-
health
3 259
-
9 168
-
total
12 312
-
34 634
-
Corporate
87 977
136 500
-
-
income
16 716
25 935
-
-
total
16 716
25 935
-
-
Dividends
71 261
110 565
-
-
withholding
10 689
16 585
-
-
total
10 689
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 305
42 520
67 231
66 257
After tax
85 195
93 980
69 269
70 243
Living cost
24 624
24 624
24 624
24 624
Free-cash
60 571
69 356
44 645
45 619

Estimated living cost  is ₽24624 per week

₽17104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31101
₽25940
₽25657
₽19163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
811
national
-
-
-
31 624
regional
-
-
-
1 572
social contributions
-
-
-
35 109
total
-
-
-
69 116
Employee
87 884
-
136 500
-
national
15 228
-
27 473
-
social contributions
29 635
-
46 028
-
municipal
465
-
724
-
regional
829
-
1 385
-
total
46 157
-
75 610
-
Employer
87 884
-
136 500
-
total
-
-
-
-
Corporate
48 616
136 500
-
-
municipal
1 895
5 324
-
-
nationa
11 668
32 759
-
-
total
13 563
38 083
-
-
Dividends
35 052
98 417
-
-
withholding
9 113
25 589
-
-
total
9 113
25 589
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 833
63 672
75 610
69 116
After tax
67 667
72 828
60 890
67 384
Living cost
41 727
41 727
41 727
41 727
Free-cash
25 940
31 101
19 163
25 657

Estimated living cost  is ₽41727 per week

₽29087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64038
₽60960
₽42949
₽40102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
225
income
-
-
-
31 342
health
-
-
-
9 370
surtax
-
-
-
4 397
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
71 730
Employee
32 701
-
112 763
-
pensions
2 181
-
7 521
-
unemployment
2 276
-
7 848
-
income
5 481
-
28 648
-
other
-
-
-
-
surtax
107
-
3 948
-
health
835
-
2 875
-
total
10 880
-
50 840
-
Employer
32 701
-
112 763
-
health
1 488
-
5 131
-
pensions
4 359
-
15 031
-
other
-
-
-
-
unemployment
1 036
-
3 575
-
total
6 883
-
23 737
-
Corporate
96 916
136 500
-
-
income
25 198
35 490
-
-
total
25 198
35 490
-
-
Dividends
71 717
101 010
-
-
withholding
10 758
15 151
-
-
total
10 758
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 719
50 641
74 577
71 730
After tax
82 781
85 859
61 923
64 770
Living cost
21 821
21 821
21 821
21 821
Free-cash
60 960
64 038
40 102
42 949

Estimated living cost  is ₽21821 per week

₽13342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48041
₽48923
₽47931
₽35360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 874
pensions
-
-
-
8 183
total
-
-
-
43 057
Employee
63 167
-
119 602
-
pensions
5 361
-
10 350
-
income
11 377
-
26 494
-
health
917
-
1 885
-
total
17 655
-
38 729
-
Employer
63 167
-
119 602
-
health
1 200
-
2 273
-
pensions
6 838
-
14 626
-
total
8 038
-
16 899
-
Corporate
65 295
136 500
-
-
income

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

12 406
25 934
-
-
total
12 406
25 934
-
-
Dividends
52 889
110 566
-
-
withholding
3 966
17 013
-
-
total
3 966
17 013
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 065
42 947
55 628
43 057
After tax
94 435
93 553
80 872
93 443
Living cost
45 512
45 512
45 512
45 512
Free-cash
48 923
48 041
35 360
47 931

Estimated living cost  is ₽45512 per week

₽34097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14997
₽18127
₽34813
₽28168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 440
national
-
-
-
1 490
regional
-
-
-
5 748
health
-
-
-
306
pensions
-
-
-
12 558
other

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

-
-
-
2 730
total
-
-
-
24 272
Employee
90 595
-
122 174
-
national
429
-
1 174
-
city
972
-
1 312
-
pensions
7 611
-
10 264
-
unemployment
-
-
-
-
health
205
-
274
-
regional
2 967
-
4 911
-
total
12 184
-
17 935
-
Employer
90 595
-
122 174
-
health
205
-
274
-
pensions
7 611
-
10 264
-
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.

1 811
-
2 444
-
unemployment
-
-
-
-
total
9 627
-
12 982
-
Corporate
35 281
136 500
-
-
national
2 998
11 602
-
-
regional
7 462
28 870
-
-
total
10 460
40 472
-
-
Dividends
24 821
96 028
-
-
withholding
8 687
33 610
-
-
total
8 687
33 610
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 958
74 082
30 917
24 272
After tax
95 542
62 418
105 583
112 228
Living cost
77 415
77 415
77 415
77 415
Free-cash
18 127
-14 997
28 168
34 813

Estimated living cost  is ₽77415 per week

₽50342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22202
₽38236
₽28814
₽44339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
trade
-
-
-
15 525
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.

-
-
-
38 015
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.

-
-
-
6 756
surtax

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

-
-
-
2 090
total
-
-
-
62 386
Employee

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

59 429
-
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.

6 988
-
38 015
-
surtax

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

385
-
2 090
-
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.

6 756
-
6 756
-
total
14 129
-
46 861
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 071
136 500
-
-
income
11 561
20 475
-
-
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.

636
1 126
-
-
trade
13 218
23 410
-
-
chamber of commerce
259
342
-
-
total
25 674
45 353
-
-
Dividends
51 396
91 147
-
-
surtax

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

687
1 233
-
-
withholding
12 474
22 412
-
-
total
13 161
23 645
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 964
68 998
46 861
62 386
After tax
83 536
67 502
89 639
74 114
Living cost
45 300
45 300
45 300
45 300
Free-cash
38 236
22 202
44 339
28 814

Estimated living cost  is ₽45300 per week

₽33086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34964
₽40805
₽43699
₽45403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 320
health
-
-
-
4 596
surtax
-
-
-
-
pensions
-
-
-
27 933
other
-
-
-
4 232
social contributions
-
-
-
3 888
total
-
-
-
58 969
Employee
42 322
-
107 875
-
pensions
4 785
-
6 574
-
social contributions
1 207
-
3 074
-
income
2 498
-
18 990
-
surtax
-
-
-
-
total
8 490
-
28 638
-
Employer
42 322
-
107 875
-
social contributions
128
-
323
-
health
2 963
-
8 885
-
pensions
6 953
-
11 236
-
other
1 460
-
3 814
-
unemployment
1 713
-
4 369
-
total
13 217
-
28 627
-
Corporate
80 961
136 500
-
-
income
22 669
38 220
-
-
surtax
-
-
-
-
total
22 669
38 220
-
-
Dividends
58 293
98 280
-
-
social contributions
10 026
16 904
-
-
surtax
-
-
-
-
withholding
7 461
12 580
-
-
total
17 487
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 863
67 704
57 265
58 969
After tax
74 637
68 796
79 235
77 531
Living cost
33 832
33 832
33 832
33 832
Free-cash
40 805
34 964
45 403
43 699

Estimated living cost  is ₽33832 per week

₽21333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38316
₽43810
₽47051
₽48755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 320
health
-
-
-
4 596
surtax
-
-
-
-
pensions
-
-
-
27 933
other
-
-
-
4 232
social contributions
-
-
-
3 888
total
-
-
-
58 969
Employee
37 778
-
107 875
-
pensions
4 273
-
6 574
-
social contributions
1 077
-
3 074
-
income
1 948
-
18 990
-
surtax
-
-
-
-
total
7 298
-
28 638
-
Employer
37 778
-
107 875
-
social contributions
113
-
323
-
health
2 644
-
8 885
-
pensions
6 208
-
11 236
-
other
1 304
-
3 814
-
unemployment
1 529
-
4 369
-
total
11 798
-
28 627
-
Corporate
86 924
136 500
-
-
income
24 339
38 220
-
-
surtax
-
-
-
-
total
24 339
38 220
-
-
Dividends
62 585
98 280
-
-
social contributions
10 764
16 904
-
-
surtax
-
-
-
-
withholding
8 011
12 580
-
-
total
18 775
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 210
67 704
57 265
58 969
After tax
74 290
68 796
79 235
77 531
Living cost
30 480
30 480
30 480
30 480
Free-cash
43 810
38 316
48 755
47 051

Estimated living cost  is ₽30480 per week

₽17677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62309
₽62820
₽66692
₽64984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 527
social contributions
-
-
-
18 837
total
-
-
-
48 839
Employee
33 528
-
136 500
-
social contributions
4 628
-
18 837
-
income
5 592
-
22 183
-
health
2 340
-
9 527
-
total
12 560
-
50 547
-
Employer
33 528
-
136 500
-
total
-
-
-
-
Corporate
102 972
136 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

5 149
6 825
-
-
total
5 149
6 825
-
-
Dividends
97 822
129 675
-
-
social contributions
13 500
17 895
-
-
health
6 829
9 051
-
-
withholding
14 673
19 451
-
-
total
35 002
46 397
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 711
53 222
50 547
48 839
After tax
83 789
83 278
85 953
87 661
Living cost
20 969
20 969
20 969
20 969
Free-cash
62 820
62 309
64 984
66 692

Estimated living cost  is ₽20969 per week

₽14033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41041
₽39513
₽34368
₽1726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
6 065
income
-
-
-
30 273
chamber of commerce
-
-
-
546
health
-
-
-
8 837
surtax
-
-
-
195
pensions
-
-
-
21 372
total
-
-
-
67 288
Employee
49 419
39 408
105 843
-
pensions
5 061
4 035
10 839
-
unemployment
1 482
1 182
3 175
-
income
5 626
2 907
24 581
-
other
494
394
1 058
-
health
1 912
1 526
4 097
-
total
14 575
10 044
43 750
-
Employer
49 419
39 408
105 843
-
chamber of commerce
197
158
424
-
health
1 867
1 490
4 001
-
payroll
1 482
1 182
3 175
-
pensions
6 202
4 947
13 284
-
surtax
195
195
195
-
accident
642
512
1 376
-
other
2 348
1 871
5 027
-
unemployment
1 482
1 182
3 175
-
total
14 415
11 537
30 657
-
Corporate
72 665
85 555
102 090
-
income

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

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

18 167
21 389
25 523
-
total
18 167
21 389
25 523
-
Dividends
54 498
64 166
-
-
withholding
14 986
17 645
-
-
total
14 986
17 645
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 143
60 615
99 930
67 288
After tax
74 357
75 885
36 570
69 212
Living cost
34 844
34 844
34 844
34 844
Free-cash
39 513
41 041
1 726
34 368

Estimated living cost  is ₽34844 per week

₽23239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40363
₽25531
₽24268
₽14113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
47 779
communal

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

-
-
-
6 900
social contributions
-
-
-
21 498
total
-
-
-
76 177
Employee

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

70 734
-
105 721
-
national
21 747
-
36 229
-
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.

5 305
-
7 928
-
communal

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

3 689
-
5 513
-
unemployment

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

616
-
920
-
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.

3 323
-
4 969
-
total
34 680
-
55 559
-
Employer

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

70 734
-
105 721
-
health

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

4 350
-
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.

6 268
-
9 366
-
surtax
8 020
-
11 987
-
accident

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

920
-
1 374
-
unemployment

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

1 032
-
1 544
-
total
20 590
-
30 773
-
Corporate
45 176
136 500
-
-
income
9 036
27 300
-
-
surtax
180
546
-
-
total
9 216
27 846
-
-
Dividends
35 960
108 654
-
-
withholding

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

10 428
32 236
-
-
total
10 428
32 236
-
-
Income
136 500
136 500
136 500
136 500
Total tax
74 914
60 082
86 332
76 177
After tax
61 586
76 418
50 168
60 323
Living cost
36 055
36 055
36 055
36 055
Free-cash
25 531
40 363
14 113
24 268

Estimated living cost  is ₽36055 per week

₽23224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55728
₽48295
₽41025
₽36272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
32 265
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
59 763
Employee
49 223
-
107 280
-
pensions
2 314
-
4 309
-
unemployment
764
-
1 421
-
income
10 386
-
29 474
-
other
49
-
92
-
total
13 513
-
35 296
-
Employer
49 223
-
107 280
-
pensions
11 616
-
21 631
-
accident
974
-
1 815
-
other
392
-
734
-
unemployment
2 708
-
5 040
-
total
15 690
-
29 220
-
Corporate
71 587
136 500
-
-
income

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

10 738
20 475
-
-
total
10 738
20 475
-
-
Dividends
60 849
116 025
-
-
withholding
12 552
24 585
-
-
total
12 552
24 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 493
45 060
64 516
59 763
After tax
84 007
91 440
71 984
76 737
Living cost
35 712
35 712
35 712
35 712
Free-cash
48 295
55 728
36 272
41 025

Estimated living cost  is ₽35712 per week

₽26298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28029
₽17498
₽17968
₽23411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 150
income
-
-
-
18 198
communal
-
-
-
8 627
health
-
-
-
9 591
surtax
-
-
-
6 767
pensions
-
-
-
20 460
total
-
-
-
64 793
Employee
74 886
-
121 930
-
pensions
5 990
-
9 754
-
income
7 233
-
22 130
-
surtax
4 590
-
7 472
-
health
3 333
-
5 425
-
total
21 146
-
44 781
-
Employer
74 886
-
121 930
-
health
2 284
-
3 717
-
pensions
5 990
-
9 754
-
accident
674
-
1 098
-
total
8 948
-
14 569
-
Corporate
52 666
136 500
-
-
income
7 900
20 475
-
-
surtax
554
1 434
-
-
communal
3 554
9 214
-
-
total
12 008
31 123
-
-
Dividends
40 658
105 377
-
-
income
17 062
7 803
-
-
withholding
6 099
15 806
-
-
total
23 161
23 609
-
-
Income
136 500
136 500
136 500
136 500
Total tax
65 263
54 732
59 350
64 793
After tax
71 237
81 768
77 150
71 707
Living cost
53 739
53 739
53 739
53 739
Free-cash
17 498
28 029
23 411
17 968

Estimated living cost  is ₽53739 per week

₽40312
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.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63648
₽60500
₽42559
₽39712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
225
income
-
-
-
31 342
health
-
-
-
9 370
surtax
-
-
-
4 397
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
71 730
Employee
33 302
-
112 763
-
pensions
2 222
-
7 521
-
unemployment
2 318
-
7 848
-
income
5 583
-
28 648
-
other
-
-
-
-
surtax
118
-
3 948
-
health
850
-
2 875
-
total
11 091
-
50 840
-
Employer
33 302
-
112 763
-
health
1 514
-
5 131
-
pensions
4 440
-
15 031
-
other
-
-
-
-
unemployment
1 057
-
3 575
-
total
7 011
-
23 737
-
Corporate
96 188
136 500
-
-
income
25 009
35 490
-
-
total
25 009
35 490
-
-
Dividends
71 179
101 010
-
-
withholding
10 678
15 151
-
-
total
10 678
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 789
50 641
74 577
71 730
After tax
82 711
85 859
61 923
64 770
Living cost
22 211
22 211
22 211
22 211
Free-cash
60 500
63 648
39 712
42 559

Estimated living cost  is ₽22211 per week

₽13410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45109
₽42916
₽40261
₽33801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
811
national
-
-
-
31 624
regional
-
-
-
2 057
social contributions
-
-
-
35 109
total
-
-
-
69 601
Employee
54 854
-
136 500
-
national
8 690
-
27 473
-
social contributions
18 497
-
46 028
-
municipal
291
-
724
-
regional
738
-
1 836
-
total
28 216
-
76 061
-
Employer
54 854
-
136 500
-
total
-
-
-
-
Corporate
81 646
136 500
-
-
municipal
4 057
6 784
-
-
nationa
19 595
32 759
-
-
total
23 652
39 543
-
-
Dividends
57 994
96 957
-
-
withholding
15 078
25 210
-
-
total
15 078
25 210
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 946
64 753
76 061
69 601
After tax
69 554
71 747
60 439
66 899
Living cost
26 638
26 638
26 638
26 638
Free-cash
42 916
45 109
33 801
40 261

Estimated living cost  is ₽26638 per week

₽16566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63637
₽52812
₽39900
₽38926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
12 396
health
-
-
-
18 428
social contributions
-
-
-
35 433
total
-
-
-
66 257
Employee
44 622
-
101 866
-
social contributions
2 900
-
6 621
-
income
5 355
-
12 224
-
solidarity contribution
-
-
-
-
health
6 024
-
13 752
-
total
14 279
-
32 597
-
Employer
44 622
-
101 866
-
social contributions
11 156
-
25 466
-
health
4 016
-
9 168
-
total
15 172
-
34 634
-
Corporate
76 707
136 500
-
-
income
14 574
25 935
-
-
total
14 574
25 935
-
-
Dividends
62 132
110 565
-
-
withholding
9 320
16 585
-
-
total
9 320
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 345
42 520
67 231
66 257
After tax
83 155
93 980
69 269
70 243
Living cost
30 343
30 343
30 343
30 343
Free-cash
52 812
63 637
38 926
39 900

Estimated living cost  is ₽30343 per week

₽22565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44441
₽43953
₽37859
₽5061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
6 065
income
-
-
-
30 273
chamber of commerce
-
-
-
546
health
-
-
-
8 837
surtax
-
-
-
-
pensions
-
-
-
21 372
total
-
-
-
67 093
Employee
43 226
39 408
105 993
-
pensions
4 427
4 035
10 854
-
unemployment
1 297
1 182
3 179
-
income
3 851
2 907
24 632
-
other
432
394
1 060
-
health
1 672
1 526
4 102
-
total
11 679
10 044
43 827
-
Employer
43 226
39 408
105 993
-
chamber of commerce
173
158
424
-
health
1 634
1 490
4 006
-
payroll
1 297
1 182
3 179
-
pensions
5 425
4 947
13 303
-
surtax
-
-
-
-
accident
561
512
1 377
-
other
2 053
1 871
5 035
-
unemployment
1 297
1 182
3 179
-
total
12 440
11 342
30 503
-
Corporate
80 834
85 750
102 243
-
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.

20 209
21 438
25 561
-
total
20 209
21 438
25 561
-
Dividends
60 625
64 312
-
-
withholding
16 671
17 687
-
-
total
16 671
17 687
-
-
Income
136 500
136 500
136 500
136 500
Total tax
60 999
60 511
99 891
67 093
After tax
75 501
75 989
36 609
69 407
Living cost
31 548
31 548
31 548
31 548
Free-cash
43 953
44 441
5 061
37 859

Estimated living cost  is ₽31548 per week

₽18925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116441
₽113959
₽121901
₽95966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 543
-
136 500
-
income
3 309
-
27 300
-
total
3 309
-
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%.

119 957
136 500
-
-
total
-
-
-
-
Dividends
119 957
136 500
-
-
withholding
5 998
6 825
-
-
total
5 998
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
9 307
6 825
27 300
1 365
After tax
127 193
129 675
109 200
135 135
Living cost
13 234
13 234
13 234
13 234
Free-cash
113 959
116 441
95 966
121 901

Estimated living cost  is ₽13234 per week

₽8956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
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.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67457
₽59185
₽42056
₽38441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
136 500
unemployment
-
-
-
205
income
-
-
-
29 356
health
-
-
-
13 431
pensions
-
-
-
24 928
total
-
-
-
67 920
Employee

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

43 728
-
118 110
-
pensions
6 778
-
18 308
-
unemployment
62
-
165
-
income
7 541
-
27 042
-
health
2 824
-
7 630
-
total
17 205
-
53 145
-
Employer

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

43 728
-
118 110
-
health
2 912
-
7 867
-
pensions
3 869
-
10 452
-
unemployment
26
-
71
-
total
6 807
-
18 390
-
Corporate
85 964
136 500
-
-
income
16 334
25 934
-
-
total
16 334
25 934
-
-
Dividends
69 630
110 566
-
-
withholding
10 445
16 585
-
-
total
10 445
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 791
42 519
71 535
67 920
After tax
85 709
93 981
64 965
68 580
Living cost
26 524
26 524
26 524
26 524
Free-cash
59 185
67 457
38 441
42 056

Estimated living cost  is ₽26524 per week

₽18203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36447
-₽24530
₽47732
₽75692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
66 817
-
-
-
social contributions
5 479
-
781
-
income
14 739
-
-
-
total
20 218
-
781
-
Employer
66 817
-
-
-
social contributions
94 212
-
13 427
-
total
94 212
-
13 427
-
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
114 430
53 453
14 208
42 168
After tax
22 070
83 047
122 292
94 332
Living cost
46 600
46 600
46 600
46 600
Free-cash
-24 530
36 447
75 692
47 732

Estimated living cost  is ₽46600 per week

₽30236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46624
₽45627
₽43364
₽34153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 684
surtax
-
-
-
-
social contributions

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

-
-
-
47 434
total
-
-
-
62 118
Employee
45 480
-
110 303
-
social contributions
5 003
-
12 134
-
income
9 460
-
32 998
-
surtax
-
-
-
-
total
14 463
-
45 132
-
Employer
45 480
-
110 303
-
social contributions
10 801
-
26 197
-
total
10 801
-
26 197
-
Corporate
80 218
136 500
-
-
income
16 846
28 664
-
-
surtax
-
-
-
-
total
16 846
28 664
-
-
Dividends
63 372
107 836
-
-
withholding
17 745
30 194
-
-
total
17 745
30 194
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 855
58 858
71 329
62 118
After tax
76 645
77 642
65 171
74 382
Living cost
31 018
31 018
31 018
31 018
Free-cash
45 627
46 624
34 153
43 364

Estimated living cost  is ₽31018 per week

₽23207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21035
₽27832
₽29770
₽31474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 320
health
-
-
-
4 596
surtax
-
-
-
-
pensions
-
-
-
27 933
other
-
-
-
4 232
social contributions
-
-
-
3 888
total
-
-
-
58 969
Employee
61 935
-
107 875
-
pensions
7 005
-
6 574
-
social contributions
1 764
-
3 074
-
income
5 404
-
18 990
-
surtax
-
-
-
-
total
14 173
-
28 638
-
Employer
61 935
-
107 875
-
social contributions
186
-
323
-
health
4 335
-
8 885
-
pensions
10 177
-
11 236
-
other
2 137
-
3 814
-
unemployment
2 509
-
4 369
-
total
19 344
-
28 627
-
Corporate
55 222
136 500
-
-
income
15 463
38 220
-
-
surtax
-
-
-
-
total
15 463
38 220
-
-
Dividends
39 759
98 280
-
-
social contributions
6 838
16 904
-
-
surtax
-
-
-
-
withholding
5 089
12 580
-
-
total
11 927
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
60 907
67 704
57 265
58 969
After tax
75 593
68 796
79 235
77 531
Living cost
47 761
47 761
47 761
47 761
Free-cash
27 832
21 035
31 474
29 770

Estimated living cost  is ₽47761 per week

₽32324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93125
₽89803
₽72101
₽75731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 643
social contributions
-
-
-
30 031
total
-
-
-
34 674
Employee
31 791
-
118 183
-
social contributions
2 066
-
7 681
-
income
-
-
5 046
-
total
2 066
-
12 727
-
Employer
31 791
-
118 183
-
social contributions
4 928
-
18 317
-
total
4 928
-
18 317
-
Corporate
99 781
136 500
-
-
income
9 978
13 650
-
-
total
9 978
13 650
-
-
Dividends
89 803
122 850
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
16 972
13 650
31 044
34 674
After tax
119 528
122 850
105 456
101 826
Living cost
29 725
29 725
29 725
29 725
Free-cash
89 803
93 125
75 731
72 101

Estimated living cost  is ₽29725 per week

₽19220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽78535
-₽78535
₽35130
-₽78535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 325
national
-
-
-
14 806
labour market
-
-
-
10 852
pensions
-
-
-
855
total
-
-
-
53 838
Employee
200 620
200 620
200 620
-
national
24 509
24 509
24 509
-
pensions
285
285
285
-
municipal
42 721
42 721
42 721
-
labour market
16 027
16 027
16 027
-
total
83 542
83 542
83 542
-
Employer
200 620
200 620
200 620
-
municipal
42 789
42 789
42 789
-
labour market
16 050
16 050
16 050
-
national
24 552
24 552
24 552
-
pensions
570
570
570
-
total
83 961
83 961
83 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
167 503
167 503
167 503
53 838
After tax
-31 003
-31 003
-31 003
82 662
Living cost
47 532
47 532
47 532
47 532
Free-cash
-78 535
-78 535
-78 535
35 130

Estimated living cost  is ₽47532 per week

₽32531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10210
₽7794
₽72175
₽51600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
36 224
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
43 058
Employee
33 455
-
120 717
-
pensions
3 767
-
7 486
-
income
4 590
-
26 542
-
health
3 831
-
13 822
-
total
12 188
-
47 850
-
Employer
33 455
-
120 717
-
pensions
5 440
-
10 810
-
accident
559
-
2 016
-
unemployment
820
-
2 957
-
total
6 819
-
15 783
-
Corporate
96 227
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.

86 604
122 850
-
-
total
86 604
122 850
-
-
Dividends
9 623
13 650
-
-
withholding
1 828
2 593
-
-
total
1 828
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 439
125 443
63 633
43 058
After tax
29 061
11 057
72 867
93 442
Living cost
21 267
21 267
21 267
21 267
Free-cash
7 794
-10 210
51 600
72 175

Estimated living cost  is ₽21267 per week

₽15480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1212
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49909
₽50956
₽54753
₽36037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
municipal
-
-
-
24 266
national
-
-
-
17 827
health
-
-
-
1 689
total
-
-
-
43 782
Employee
52 026
-
114 831
-
national
859
-
11 281
-
pensions
3 511
-
7 750
-
unemployment
781
-
1 723
-
municipal
8 521
-
18 721
-
health
388
-
1 355
-
total
14 060
-
40 830
-
Employer
52 026
-
114 831
-
health
400
-
884
-
pensions
9 026
-
19 923
-
accident
53
-
114
-
unemployment
338
-
747
-
total
9 817
-
21 668
-
Corporate
74 657
136 500
-
-
income
14 932
27 300
-
-
total
14 932
27 300
-
-
Dividends

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

44 794
81 900
-
-
municipal
8 064
14 742
-
-
national
706
6 584
-
-
total
8 770
21 326
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 579
48 626
62 498
43 782
After tax
88 921
87 874
74 002
92 718
Living cost
37 965
37 965
37 965
37 965
Free-cash
50 956
49 909
36 037
54 753

Estimated living cost  is ₽37965 per week

₽24799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽76806
₽71424
₽72290
₽70986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
21 834
health
-
-
-
3 481
social contributions
-
-
-
16 000
total
-
-
-
41 315
Employee
76 039
76 039
125 663
-
social contributions
2 875
6 311
8 512
-
income
8 279
7 039
21 134
-
health
589
1 293
2 136
-
total
11 743
14 643
31 782
-
Employer
76 039
76 039
125 663
-
social contributions
2 875
6 311
8 512
-
health
640
1 407
2 325
-
total
3 515
7 718
10 837
-
Corporate
98 347
52 743
-
-
income
12 293
6 592
-
-
total
12 293
6 592
-
-
Dividends
86 053
46 150
-
-
withholding
14 630
7 846
-
-
total
14 630
7 846
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 181
36 799
42 619
41 315
After tax
94 319
99 701
93 881
95 185
Living cost
22 895
22 895
22 895
22 895
Free-cash
71 424
76 806
70 986
72 290

Estimated living cost  is ₽22895 per week

₽13721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97335
₽92304
₽97326
₽77491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
136 500
unemployment
-
-
-
28
income
-
-
-
13 577
health
-
-
-
3 579
pensions
-
-
-
6 290
total
-
-
-
23 474
Employee

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

22 698
-
126 836
-
pensions
3 404
-
14 074
-
unemployment
113
-
469
-
income
1 552
-
11 126
-
health
1 929
-
7 975
-
total
6 998
-
33 644
-
Employer

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

22 698
-
126 836
-
health
976
-
4 035
-
pensions
1 248
-
5 161
-
unemployment
113
-
469
-
total
2 337
-
9 665
-
Corporate
111 466
136 500
-
-
income
10 032
12 286
-
-
total
10 032
12 286
-
-
Dividends
101 434
124 214
-
-
withholding
9 129
11 179
-
-
total
9 129
11 179
-
-
Income
136 500
136 500
136 500
136 500
Total tax
28 496
23 465
43 309
23 474
After tax
108 004
113 035
93 191
113 026
Living cost
15 700
15 700
15 700
15 700
Free-cash
92 304
97 335
77 491
97 326

Estimated living cost  is ₽15700 per week

₽10017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64247
₽59506
₽49544
₽44791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
32 265
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
59 763
Employee
36 564
-
107 280
-
pensions
1 719
-
4 309
-
unemployment
567
-
1 421
-
income
7 049
-
29 474
-
other
36
-
92
-
total
9 371
-
35 296
-
Employer
36 564
-
107 280
-
pensions
8 628
-
21 631
-
accident
724
-
1 815
-
other
293
-
734
-
unemployment
2 012
-
5 040
-
total
11 657
-
29 220
-
Corporate
88 279
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.

13 241
20 475
-
-
total
13 241
20 475
-
-
Dividends
75 038
116 025
-
-
withholding
15 532
24 585
-
-
total
15 532
24 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 801
45 060
64 516
59 763
After tax
86 699
91 440
71 984
76 737
Living cost
27 193
27 193
27 193
27 193
Free-cash
59 506
64 247
44 791
49 544

Estimated living cost  is ₽27193 per week

₽18355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
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.
₽5748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83503
₽83230
₽86069
₽85951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 652
health
-
-
-
885
pensions
-
-
-
1 221
total
-
-
-
48 758
Employee
2 549
-
135 127
-
pensions
229
-
549
-
unemployment
25
-
61
-
income
493
-
46 588
-
health
127
-
305
-
total
874
-
47 503
-
Employer
2 549
-
135 127
-
health
242
-
580
-
pensions
280
-
671
-
unemployment
51
-
122
-
total
573
-
1 373
-
Corporate
133 378
136 500
-
-
income
29 343
30 030
-
-
total
29 343
30 030
-
-
Dividends
104 035
106 470
-
-
withholding
20 807
21 294
-
-
total
20 807
21 294
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 597
51 324
48 876
48 758
After tax
84 903
85 176
87 624
87 742
Living cost
1 673
1 673
1 673
1 673
Free-cash
83 230
83 503
85 951
86 069

Estimated living cost  is ₽1673 per week

₽994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81542
₽76684
₽61832
₽61833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
136 500
unemployment
-
-
-
1 095
income
-
-
-
30 000
health
-
-
-
7 518
pensions
-
-
-
18 976
total
-
-
-
57 589
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.

25 754
-
123 436
-
pensions
3 606
-
10 218
-
unemployment
193
-
547
-
income
3 550
-
30 000
-
health
1 326
-
3 759
-
total
8 675
-
44 524
-
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.

25 754
-
123 436
-
health
1 326
-
3 759
-
pensions
3 091
-
8 758
-
unemployment
193
-
547
-
total
4 610
-
13 064
-
Corporate
106 136
136 500
-
-
income
15 920
20 475
-
-
total
15 920
20 475
-
-
Dividends
90 215
116 025
-
-
withholding
13 532
17 404
-
-
total
13 532
17 404
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 737
37 879
57 588
57 589
After tax
93 763
98 621
78 912
78 911
Living cost
17 079
17 079
17 079
17 079
Free-cash
76 684
81 542
61 833
61 832

Estimated living cost  is ₽17079 per week

₽11499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50983
₽50626
₽47723
₽38512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 684
surtax
-
-
-
-
social contributions

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

-
-
-
47 434
total
-
-
-
62 118
Employee
38 380
-
110 303
-
social contributions
4 222
-
12 134
-
income
7 499
-
32 998
-
surtax
-
-
-
-
total
11 721
-
45 132
-
Employer
38 380
-
110 303
-
social contributions
9 114
-
26 197
-
total
9 114
-
26 197
-
Corporate
89 005
136 500
-
-
income
18 691
28 664
-
-
surtax
-
-
-
-
total
18 691
28 664
-
-
Dividends
70 315
107 836
-
-
withholding
19 689
30 194
-
-
total
19 689
30 194
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 215
58 858
71 329
62 118
After tax
77 285
77 642
65 171
74 382
Living cost
26 659
26 659
26 659
26 659
Free-cash
50 626
50 983
38 512
47 723

Estimated living cost  is ₽26659 per week

₽18882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56687
₽49590
₽41984
₽37231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
32 265
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
59 763
Employee
47 758
-
107 280
-
pensions
2 244
-
4 309
-
unemployment
739
-
1 421
-
income
9 975
-
29 474
-
other
47
-
92
-
total
13 005
-
35 296
-
Employer
47 758
-
107 280
-
pensions
11 271
-
21 631
-
accident
946
-
1 815
-
other
383
-
734
-
unemployment
2 627
-
5 040
-
total
15 227
-
29 220
-
Corporate
73 516
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.

11 027
20 475
-
-
total
11 027
20 475
-
-
Dividends
62 489
116 025
-
-
withholding
12 898
24 585
-
-
total
12 898
24 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 157
45 060
64 516
59 763
After tax
84 343
91 440
71 984
76 737
Living cost
34 753
34 753
34 753
34 753
Free-cash
49 590
56 687
37 231
41 984

Estimated living cost  is ₽34753 per week

₽24958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99594
₽93529
₽89633
₽94567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
unemployment
-
-
-
139
income
-
-
-
20 475
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
29 753
Employee
22 661
-
129 682
-
pensions

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

1 989
-
3 051
-
income
2 267
-
12 969
-
health
1 043
-
1 599
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 548
-
18 001
-
Employer
22 661
-
129 682
-
health
1 564
-
2 398
-
pensions

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

2 497
-
3 829
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
209
-
total
4 446
-
6 818
-
Corporate
109 393
136 500
-
-
income
10 940
13 650
-
-
total
10 940
13 650
-
-
Dividends
98 453
122 850
-
-
withholding
4 923
6 142
-
-
total
4 923
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
25 857
19 792
24 819
29 753
After tax
110 643
116 708
111 681
106 747
Living cost
17 114
17 114
17 114
17 114
Free-cash
93 529
99 594
94 567
89 633

Estimated living cost  is ₽17114 per week

₽11319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32133
₽45069
₽38472
₽51462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
trade
-
-
-
12 990
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.

-
-
-
38 015
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.

-
-
-
6 756
surtax

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

-
-
-
2 090
total
-
-
-
59 851
Employee

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

49 202
-
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.

4 046
-
38 015
-
surtax

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

223
-
2 090
-
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.

6 756
-
6 756
-
total
11 025
-
46 861
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 298
136 500
-
-
income
13 095
20 475
-
-
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.

721
1 126
-
-
trade
12 528
19 588
-
-
chamber of commerce
278
351
-
-
total
26 622
41 540
-
-
Dividends
60 677
94 960
-
-
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.

814
1 285
-
-
withholding
14 793
23 365
-
-
total
15 607
24 650
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 254
66 190
46 861
59 851
After tax
83 246
70 310
89 639
76 649
Living cost
38 177
38 177
38 177
38 177
Free-cash
45 069
32 133
51 462
38 472

Estimated living cost  is ₽38177 per week

₽26336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39221
₽41403
₽20013
₽20013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 256
social contributions
-
-
-
21 901
total
-
-
-
60 157
Employee
77 351
-
136 500
-
social contributions
6 426
-
21 901
-
income
14 596
-
38 256
-
total
21 022
-
60 157
-
Employer
77 351
-
136 500
-
total
-
-
-
-
Corporate
59 149
136 500
-
-
income
7 394
17 062
-
-
total
7 394
17 062
-
-
Dividends
51 755
119 438
-
-
withholding
10 351
23 887
-
-
total
10 351
23 887
-
-
Income
136 500
136 500
136 500
136 500
Total tax
38 767
40 949
60 157
60 157
After tax
97 733
95 551
76 343
76 343
Living cost
56 330
56 330
56 330
56 330
Free-cash
41 403
39 221
20 013
20 013

Estimated living cost  is ₽56330 per week

₽42855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4590
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.
₽8347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47605
₽51062
₽66342
₽63457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
136 500
income
-
-
-
28 148
health

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

-
-
-
6 114
total
-
-
-
34 262
Employee
45 363
-
131 951
-
social contributions
4 545
-
4 549
-
income
4 922
-
28 049
-
total
9 467
-
32 598
-
Employer
45 363
-
131 951
-
social contributions
4 545
-
4 549
-
total
4 545
-
4 549
-
Corporate
86 592
136 500
-
-
income
30 306
47 775
-
-
total
30 306
47 775
-
-
Dividends
56 285
88 725
-
-
social contributions
5 224
5 224
-
-
total
5 224
5 224
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 542
52 999
37 147
34 262
After tax
86 958
83 501
99 353
102 238
Living cost
35 896
35 896
35 896
35 896
Free-cash
51 062
47 605
63 457
66 342

Estimated living cost  is ₽35896 per week

₽23645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2830
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.
₽8871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56553
₽59651
₽56443
₽43872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 874
pensions
-
-
-
8 183
total
-
-
-
43 057
Employee
50 787
-
119 602
-
pensions
3 876
-
10 350
-
income
9 249
-
26 494
-
health
663
-
1 885
-
total
13 788
-
38 729
-
Employer
50 787
-
119 602
-
health
965
-
2 273
-
pensions
5 131
-
14 626
-
total
6 096
-
16 899
-
Corporate
79 616
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.

15 128
25 934
-
-
total
15 128
25 934
-
-
Dividends
64 488
110 566
-
-
withholding
4 837
17 013
-
-
total
4 837
17 013
-
-
Income
136 500
136 500
136 500
136 500
Total tax
39 849
42 947
55 628
43 057
After tax
96 651
93 553
80 872
93 443
Living cost
37 000
37 000
37 000
37 000
Free-cash
59 651
56 553
43 872
56 443

Estimated living cost  is ₽37000 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽12316
₽7471
₽70069
₽49494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
36 224
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
43 058
Employee
36 766
-
120 717
-
pensions
4 140
-
7 486
-
income
5 044
-
26 542
-
health
4 210
-
13 822
-
total
13 394
-
47 850
-
Employer
36 766
-
120 717
-
pensions
5 978
-
10 810
-
accident
614
-
2 016
-
unemployment
901
-
2 957
-
total
7 493
-
15 783
-
Corporate
92 241
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.

83 017
122 850
-
-
total
83 017
122 850
-
-
Dividends
9 224
13 650
-
-
withholding
1 752
2 593
-
-
total
1 752
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
105 656
125 443
63 633
43 058
After tax
30 844
11 057
72 867
93 442
Living cost
23 373
23 373
23 373
23 373
Free-cash
7 471
-12 316
49 494
70 069

Estimated living cost  is ₽23373 per week

₽17153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
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.
₽4387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101501
₽96872
₽63664
₽79447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
unemployment
-
-
-
1 638
health insurance
-
-
-
10 101
income
-
-
-
21 934
work injury
-
-
-
683
pensions
-
-
-
25 116
total
-
-
-
59 472
Employee

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

21 382
-
136 500
-
work injury
107
-
396
-
pensions
3 934
-
14 556
-
unemployment
257
-
949
-
income
2 138
-
21 934
-
health insurance
1 582
-
5 854
-
total
8 018
-
43 689
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 118
136 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 151
1 365
-
-
total
1 151
1 365
-
-
Dividends
113 967
135 135
-
-
withholding
17 095
20 270
-
-
total
17 095
20 270
-
-
Income
136 500
136 500
136 500
136 500
Total tax
26 264
21 635
43 689
59 472
After tax
110 236
114 865
92 811
77 028
Living cost
13 364
13 364
13 364
13 364
Free-cash
96 872
101 501
79 447
63 664

Estimated living cost  is ₽13364 per week

₽8279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽32506
₽28006
₽26388
₽20148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
912
national
-
-
-
31 624
regional
-
-
-
3 073
social contributions
-
-
-
35 109
total
-
-
-
70 718
Employee
83 328
-
136 500
-
national
14 082
-
27 473
-
social contributions
28 098
-
46 028
-
municipal
497
-
814
-
regional
1 258
-
2 643
-
total
43 935
-
76 958
-
Employer
83 328
-
136 500
-
total
-
-
-
-
Corporate
53 172
136 500
-
-
municipal
2 563
6 579
-
-
nationa
12 761
32 759
-
-
total
15 324
39 338
-
-
Dividends
37 848
97 162
-
-
withholding
9 841
25 262
-
-
total
9 841
25 262
-
-
Income
136 500
136 500
136 500
136 500
Total tax
69 100
64 600
76 958
70 718
After tax
67 400
71 900
59 542
65 782
Living cost
39 394
39 394
39 394
39 394
Free-cash
28 006
32 506
20 148
26 388

Estimated living cost  is ₽39394 per week

₽27672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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