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
₽60614
₽40638
₽45946
₽50954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 151
trade
-
-
-
14 668
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.

-
-
-
39 111
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.

-
-
-
6 372
total
-
-
-
62 302
Employee

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

35 675
-
136 500
-
health

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

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

6 372
-
6 372
-
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.

55
-
2 151
-
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.

997
-
39 111
-
total
7 424
-
47 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 825
136 500
-
-
chamber of commerce
287
338
-
-
trade
15 881
21 499
-
-
surtax

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

832
1 126
-
-
income
15 123
20 476
-
-
total
32 123
43 439
-
-
Dividends
68 702
93 062
-
-
withholding
16 821
22 911
-
-
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.

926
1 260
-
-
total
17 747
24 171
-
-
Income
136 500
136 500
136 500
136 500
Total tax
57 294
67 610
47 634
62 302
After tax
79 206
68 890
88 866
74 198
Living cost
28 252
28 252
28 252
28 252
Free-cash
50 954
40 638
60 614
45 946

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32517
₽35439
₽31447
₽34612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 696
social contributions
-
-
-
1 467
national
-
-
-
22 773
pensions
-
-
-
16 380
total
-
-
-
55 316
Employee
77 101
-
118 003
-
pensions
3 084
-
4 720
-
national
14 757
-
23 592
-
municipal
9 523
-
15 225
-
total
27 364
-
43 537
-
Employer
77 101
-
118 003
-
pensions
6 168
-
9 440
-
social contributions
829
-
1 269
-
total
6 997
-
10 709
-
Corporate
47 313
136 500
-
-
income

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

9 463
27 300
-
-
total
9 463
27 300
-
-
Dividends
37 850
109 200
-
-
withholding
8 327
24 024
-
-
total
8 327
24 024
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 151
51 324
54 246
55 316
After tax
84 349
85 176
82 254
81 184
Living cost
49 737
49 737
49 737
49 737
Free-cash
34 612
35 439
32 517
31 447

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64106
₽89796
₽24437
₽82144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
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.

-
-
-
35 737
income
-
-
-
22 113
total
-
-
-
92 658
Employee
27 255
-
97 285
-
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.

2 998
-
10 702
-
surtax
-
-
-
-
income
4 852
-
18 852
-
total
7 850
-
29 554
-
Employer
27 255
-
97 285
-
surtax
-
-
-
-
social contributions

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

6 565
-
23 435
-
total
6 565
-
23 435
-
Corporate
102 680
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%.

20 536
27 299
-
-
total
20 536
27 299
-
-
Dividends

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

82 144
109 201
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
34 951
27 299
52 989
92 658
After tax
101 549
109 201
83 511
43 842
Living cost
19 405
19 405
19 405
19 405
Free-cash
82 144
89 796
64 106
24 437

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43192
₽28093
₽38220
₽22377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
36 777
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
59 207
Employee
79 651
79 651
119 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
14 471
-
total
39 601
34 365
36 901
-
Employer
79 651
79 651
119 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
43 878
42 901
-
-
income
8 776
8 579
-
-
total
8 776
8 579
-
-
Dividends
35 102
34 321
-
-
withholding
5 266
5 149
-
-
income
7 459
7 293
-
-
total
12 725
12 442
-
-
Income
136 500
136 500
136 500
136 500
Total tax
75 050
69 334
54 235
59 207
After tax
61 450
67 166
82 265
77 293
Living cost
39 073
39 073
39 073
39 073
Free-cash
22 377
28 093
43 192
38 220

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33337
₽36845
₽34250
₽36000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 569
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
7 070
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
64 566
Employee
53 696
-
110 550
-
national
-
-
6 564
-
municipal
16 012
-
32 966
-
total
16 012
-
39 530
-
Employer
53 696
-
110 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
65 932
136 500
-
-
income
14 505
30 030
-
-
total
14 505
30 030
-
-
Dividends
51 427
106 470
-
-
withholding
15 428
31 941
-
-
total
15 428
31 941
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 816
61 971
65 479
64 566
After tax
73 684
74 529
71 021
71 934
Living cost
37 684
37 684
37 684
37 684
Free-cash
36 000
36 845
33 337
34 250

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
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.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52224
₽31547
₽36903
₽44652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 151
trade
-
-
-
15 321
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.

-
-
-
39 111
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.

-
-
-
6 372
total
-
-
-
62 955
Employee

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

47 301
-
136 500
-
health

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

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

6 372
-
6 372
-
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
-
2 151
-
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.

4 064
-
39 111
-
total
10 659
-
47 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 199
136 500
-
-
chamber of commerce
269
336
-
-
trade
14 674
22 455
-
-
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.

736
1 126
-
-
income
13 380
20 476
-
-
total
29 059
44 393
-
-
Dividends
60 141
92 108
-
-
withholding
14 681
22 672
-
-
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.

807
1 246
-
-
total
15 488
23 918
-
-
Income
136 500
136 500
136 500
136 500
Total tax
55 206
68 311
47 634
62 955
After tax
81 294
68 189
88 866
73 545
Living cost
36 642
36 642
36 642
36 642
Free-cash
44 652
31 547
52 224
36 903

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63160
₽69415
₽64437
₽65548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 091
income
-
-
-
23 239
health
-
-
-
3 480
total
-
-
-
41 810
Employee
71 723
71 723
126 138
-
health
713
1 220
2 144
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
22 552
-
total
11 729
13 812
32 725
-
Employer
71 723
71 723
126 138
-
health
777
1 328
2 333
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
10 362
-
Corporate
90 255
57 497
-
-
income
11 282
7 186
-
-
total
11 282
7 186
-
-
Dividends
78 972
50 311
-
-
withholding
13 426
8 553
-
-
total
13 426
8 553
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 699
36 832
43 087
41 810
After tax
95 801
99 668
93 413
94 690
Living cost
30 253
30 253
30 253
30 253
Free-cash
65 548
69 415
63 160
64 437

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62427
₽60028
₽77858
₽60375
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

24 110
9 596
114 226
-
health
1 688
672
7 996
-
pensions
2 411
960
11 423
-
unemployment
362
144
1 713
-
income
2 948
1 173
13 964
-
total
7 409
2 949
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.

24 110
9 596
114 226
-
pensions
4 702
1 871
22 274
-
total
4 702
1 871
22 274
-
Corporate
107 688
125 033
-
-
income
9 692
11 253
-
-
total
9 692
11 253
-
-
Dividends
97 996
113 780
-
-
withholding
18 619
21 618
-
-
social contributions
19 000
22 078
-
-
total
37 619
43 696
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 422
59 769
57 370
41 939
After tax
77 078
76 731
79 130
94 561
Living cost
16 703
16 703
16 703
16 703
Free-cash
60 375
60 028
62 427
77 858

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56147
₽86672
₽50633
₽80878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
18 292
pensions
-
-
-
27 301
health
-
-
-
17 745
total
-
-
-
63 338
Employee
26 460
-
102 018
-
unemployment
423
-
1 632
-
pensions
529
-
2 041
-
income
2 979
-
19 669
-
total
3 931
-
23 342
-
Employer
26 460
-
102 018
-
unemployment
212
-
816
-
health
3 439
-
13 263
-
pensions
5 292
-
20 403
-
total
8 943
-
34 482
-
Corporate
101 096
136 500
-
-
income
20 219
27 299
-
-
total
20 219
27 299
-
-
Dividends
80 877
109 201
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
33 093
27 299
57 824
63 338
After tax
103 407
109 201
78 676
73 162
Living cost
22 529
22 529
22 529
22 529
Free-cash
80 878
86 672
56 147
50 633

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52252
-₽9772
₽72592
₽7862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
351
income
-
-
-
36 485
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
43 079
Employee
32 765
-
121 081
-
health
3 752
-
13 864
-
pensions
3 689
-
7 223
-
income
4 495
-
26 913
-
total
11 936
-
48 000
-
Employer
32 765
-
121 081
-
unemployment
803
-
2 966
-
accident
547
-
2 022
-
pensions
5 328
-
10 431
-
total
6 678
-
15 419
-
Corporate
97 057
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.

87 351
122 850
-
-
total
87 351
122 850
-
-
Dividends
9 706
13 650
-
-
withholding
1 844
2 593
-
-
total
1 844
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 809
125 443
63 419
43 079
After tax
28 691
11 057
73 081
93 421
Living cost
20 829
20 829
20 829
20 829
Free-cash
7 862
-9 772
52 252
72 592

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101646
₽122121
₽127581
₽120705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
microenterprise

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

-
-
-
1 365
total
-
-
-
1 365
Employee
9 443
-
136 500
-
income
1 888
-
27 300
-
total
1 888
-
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%.

127 057
136 500
-
-
total
-
-
-
-
Dividends
127 057
136 500
-
-
withholding
6 353
6 825
-
-
total
6 353
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
8 241
6 825
27 300
1 365
After tax
128 259
129 675
109 200
135 135
Living cost
7 554
7 554
7 554
7 554
Free-cash
120 705
122 121
101 646
127 581

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53177
₽75432
₽47532
₽69135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
6 484
income
-
-
-
18 865
pensions

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

-
-
-
32 760
health
-
-
-
6 006
total
-
-
-
64 115
Employee
33 866
-
109 026
-
health
474
-
1 526
-
pensions

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

2 370
-
7 632
-
unemployment
338
-
1 090
-
income
5 830
-
20 747
-
total
9 012
-
30 995
-
Employer
33 866
-
109 026
-
unemployment
338
-
1 090
-
accident
271
-
873
-
health
474
-
1 526
-
pensions

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

5 758
-
18 534
-
other
1 694
-
5 452
-
total
8 535
-
27 475
-
Corporate
94 098
136 500
-
-
income
19 761
28 666
-
-
total
19 761
28 666
-
-
Dividends
74 338
107 834
-
-
withholding
5 204
7 549
-
-
total
5 204
7 549
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 512
36 215
58 470
64 115
After tax
93 988
100 285
78 030
72 385
Living cost
24 853
24 853
24 853
24 853
Free-cash
69 135
75 432
53 177
47 532

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17368
₽29663
₽29883
₽26566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 941
pensions
-
-
-
7 870
total
-
-
-
43 811
Employee
88 860
-
119 508
-
health
1 464
-
1 845
-
pensions
8 573
-
9 893
-
income
16 018
-
27 596
-
total
26 055
-
39 334
-
Employer
88 860
-
119 508
-
health
1 688
-
2 271
-
pensions
10 492
-
14 721
-
total
12 180
-
16 992
-
Corporate
35 460
136 500
-
-
income

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

6 738
25 935
-
-
total
6 738
25 935
-
-
Dividends
28 722
110 565
-
-
withholding
2 155
18 096
-
-
total
2 155
18 096
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 128
44 031
56 326
43 811
After tax
89 372
92 469
80 174
92 689
Living cost
62 806
62 806
62 806
62 806
Free-cash
26 566
29 663
17 368
29 883

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100140
₽104474
₽95089
₽100141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
20 475
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
29 177
Employee
16 200
-
130 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
13 010
-
total
3 965
-
17 730
-
Employer
16 200
-
130 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
117 121
136 500
-
-
income
11 712
13 650
-
-
total
11 712
13 650
-
-
Dividends
105 409
122 850
-
-
withholding
5 270
6 142
-
-
total
5 270
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
24 125
19 792
24 126
29 177
After tax
112 375
116 708
112 374
107 323
Living cost
12 234
12 234
12 234
12 234
Free-cash
100 141
104 474
100 140
95 089

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30544
₽15445
₽25572
₽17792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
36 777
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
59 207
Employee
86 476
79 651
119 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
14 471
-
total
34 754
34 365
36 901
-
Employer
86 476
79 651
119 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
34 883
42 901
-
-
income
6 977
8 579
-
-
total
6 977
8 579
-
-
Dividends
27 906
34 321
-
-
withholding
4 186
5 149
-
-
income
5 930
7 293
-
-
total
10 116
12 442
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 987
69 334
54 235
59 207
After tax
69 513
67 166
82 265
77 293
Living cost
51 721
51 721
51 721
51 721
Free-cash
17 792
15 445
30 544
25 572

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46478
₽71189
₽49695
₽63057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
12 791
health
-
-
-
18 427
total
-
-
-
64 014
Employee
33 517
-
101 866
-
health
4 525
-
13 752
-
social contributions
2 179
-
6 621
-
solidarity contribution
-
-
-
-
income
4 022
-
12 224
-
total
10 726
-
32 597
-
Employer
33 517
-
101 866
-
health
3 017
-
9 168
-
social contributions
8 379
-
25 466
-
total
11 396
-
34 634
-
Corporate
91 588
136 500
-
-
income
17 402
25 935
-
-
total
17 402
25 935
-
-
Dividends
74 186
110 565
-
-
withholding
11 128
16 585
-
-
total
11 128
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 652
42 520
67 231
64 014
After tax
85 848
93 980
69 269
72 486
Living cost
22 791
22 791
22 791
22 791
Free-cash
63 057
71 189
46 478
49 695

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21129
₽33470
₽27504
₽28602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
35 109
national
-
-
-
32 137
regional
-
-
-
1 581
total
-
-
-
69 638
Employee
82 895
-
136 500
-
social contributions
27 952
-
46 028
-
national
14 364
-
27 866
-
regional
782
-
1 395
-
municipal
439
-
724
-
total
43 537
-
76 013
-
Employer
82 895
-
136 500
-
total
-
-
-
-
Corporate
53 605
136 500
-
-
municipal
2 090
5 324
-
-
nationa
12 865
32 760
-
-
total
14 955
38 084
-
-
Dividends
38 650
98 416
-
-
withholding
10 048
25 588
-
-
total
10 048
25 588
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 540
63 672
76 013
69 638
After tax
67 960
72 828
60 487
66 862
Living cost
39 358
39 358
39 358
39 358
Free-cash
28 602
33 470
21 129
27 504

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
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.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40375
₽65278
₽44193
₽62372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 728
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
33 050
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
71 725
Employee
30 845
-
112 764
-
health
788
-
2 876
-
pensions
2 057
-
7 521
-
unemployment
2 147
-
7 848
-
surtax
101
-
4 126
-
other
-
-
-
-
income
5 170
-
29 436
-
total
10 263
-
51 807
-
Employer
30 845
-
112 764
-
unemployment
977
-
3 575
-
health
1 404
-
5 130
-
pensions
4 112
-
15 031
-
other
-
-
-
-
total
6 493
-
23 736
-
Corporate
99 163
136 500
-
-
income
25 782
35 489
-
-
total
25 782
35 489
-
-
Dividends
73 380
101 011
-
-
withholding
11 008
15 151
-
-
total
11 008
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 546
50 640
75 543
71 725
After tax
82 954
85 860
60 957
64 775
Living cost
20 582
20 582
20 582
20 582
Free-cash
62 372
65 278
40 375
44 193

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37267
₽49562
₽49782
₽51974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 941
pensions
-
-
-
7 870
total
-
-
-
43 811
Employee
59 552
-
119 508
-
health
864
-
1 845
-
pensions
5 055
-
9 893
-
income
10 726
-
27 596
-
total
16 645
-
39 334
-
Employer
59 552
-
119 508
-
health
1 131
-
2 271
-
pensions
6 447
-
14 721
-
total
7 578
-
16 992
-
Corporate
69 370
136 500
-
-
income

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

13 181
25 935
-
-
total
13 181
25 935
-
-
Dividends
56 190
110 565
-
-
withholding
4 215
18 096
-
-
total
4 215
18 096
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 619
44 031
56 326
43 811
After tax
94 881
92 469
80 174
92 689
Living cost
42 907
42 907
42 907
42 907
Free-cash
51 974
49 562
37 267
49 782

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31543
-₽11354
₽38176
₽20210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 438
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
national
-
-
-
1 588
pensions
-
-
-
12 558
regional
-
-
-
5 932
health
-
-
-
307
total
-
-
-
24 553
Employee
86 331
-
122 176
-
health
195
-
275
-
pensions
7 253
-
10 262
-
unemployment
-
-
-
-
city
927
-
1 313
-
national
409
-
1 272
-
regional
2 827
-
5 083
-
total
11 611
-
18 205
-
Employer
86 331
-
122 176
-
unemployment
-
-
-
-
health
195
-
275
-
pensions
7 253
-
10 262
-
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.

1 726
-
2 444
-
total
9 174
-
12 981
-
Corporate
40 046
136 500
-
-
regional
8 469
28 870
-
-
national
3 405
11 603
-
-
total
11 874
40 473
-
-
Dividends
28 172
96 027
-
-
withholding
9 860
33 610
-
-
total
9 860
33 610
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 519
74 083
31 186
24 553
After tax
93 981
62 417
105 314
111 947
Living cost
73 771
73 771
73 771
73 771
Free-cash
20 210
-11 354
31 543
38 176

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46137
₽24757
₽30164
₽39883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 151
trade
-
-
-
15 973
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.

-
-
-
39 111
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.

-
-
-
6 372
total
-
-
-
63 607
Employee

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

56 055
-
136 500
-
health

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

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

6 372
-
6 372
-
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.

363
-
2 151
-
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.

6 592
-
39 111
-
total
13 327
-
47 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 445
136 500
-
-
chamber of commerce
255
335
-
-
trade
13 796
23 410
-
-
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.

664
1 126
-
-
income
12 066
20 476
-
-
total
26 781
45 347
-
-
Dividends
53 664
91 154
-
-
withholding
13 061
22 433
-
-
surtax

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

719
1 234
-
-
total
13 780
23 667
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 888
69 014
47 634
63 607
After tax
82 612
67 486
88 866
72 893
Living cost
42 729
42 729
42 729
42 729
Free-cash
39 883
24 757
46 137
30 164

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46211
₽36884
₽45460
₽42392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 232
social contributions
-
-
-
3 889
income
-
-
-
19 114
pensions
-
-
-
26 990
health
-
-
-
4 903
total
-
-
-
59 128
Employee
39 919
-
107 323
-
social contributions
1 138
-
3 059
-
pensions
4 514
-
6 765
-
surtax
-
-
-
-
income
2 356
-
19 376
-
total
8 008
-
29 200
-
Employer
39 919
-
107 323
-
unemployment
1 616
-
4 347
-
health
2 795
-
9 104
-
pensions
6 558
-
11 515
-
other
1 377
-
3 889
-
social contributions
120
-
322
-
total
12 466
-
29 177
-
Corporate
84 114
136 500
-
-
surtax
-
-
-
-
income
23 552
38 220
-
-
total
23 552
38 220
-
-
Dividends
60 562
98 280
-
-
withholding
7 753
12 580
-
-
surtax
-
-
-
-
social contributions
10 417
16 904
-
-
total
18 170
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 196
67 704
58 377
59 128
After tax
74 304
68 796
78 123
77 372
Living cost
31 912
31 912
31 912
31 912
Free-cash
42 392
36 884
46 211
45 460

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49373
₽40046
₽48622
₽45228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 232
social contributions
-
-
-
3 889
income
-
-
-
19 114
pensions
-
-
-
26 990
health
-
-
-
4 903
total
-
-
-
59 128
Employee
35 634
-
107 323
-
social contributions
1 016
-
3 059
-
pensions
4 030
-
6 765
-
surtax
-
-
-
-
income
1 837
-
19 376
-
total
6 883
-
29 200
-
Employer
35 634
-
107 323
-
unemployment
1 443
-
4 347
-
health
2 494
-
9 104
-
pensions
5 855
-
11 515
-
other
1 230
-
3 889
-
social contributions
106
-
322
-
total
11 128
-
29 177
-
Corporate
89 738
136 500
-
-
surtax
-
-
-
-
income
25 127
38 220
-
-
total
25 127
38 220
-
-
Dividends
64 611
98 280
-
-
withholding
8 270
12 580
-
-
surtax
-
-
-
-
social contributions
11 114
16 904
-
-
total
19 384
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 522
67 704
58 377
59 128
After tax
73 978
68 796
78 123
77 372
Living cost
28 750
28 750
28 750
28 750
Free-cash
45 228
40 046
49 373
48 622

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65883
₽63499
₽67881
₽63982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
18 837
income
-
-
-
20 476
health
-
-
-
9 528
total
-
-
-
48 841
Employee
31 625
-
136 500
-
health
2 207
-
9 528
-
social contributions
4 365
-
18 837
-
income
5 275
-
22 474
-
total
11 847
-
50 839
-
Employer
31 625
-
136 500
-
total
-
-
-
-
Corporate
104 875
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%.

5 245
6 825
-
-
total
5 245
6 825
-
-
Dividends
99 630
129 675
-
-
withholding
14 944
19 451
-
-
health
6 954
9 052
-
-
social contributions
13 750
17 895
-
-
total
35 648
46 398
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 740
53 223
50 839
48 841
After tax
83 760
83 277
85 661
87 659
Living cost
19 778
19 778
19 778
19 778
Free-cash
63 982
63 499
65 883
67 881

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2984
₽42925
₽36881
₽41483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
545
unemployment
-
-
-
5 721
income
-
-
-
31 809
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
66 753
Employee
46 614
37 171
105 854
-
health
1 804
1 439
4 096
-
pensions
4 774
3 806
10 840
-
unemployment
1 398
1 115
3 175
-
other
466
372
1 058
-
income
5 307
2 742
25 257
-
total
13 749
9 474
44 426
-
Employer
46 614
37 171
105 854
-
unemployment
1 398
1 115
3 175
-
payroll
1 398
1 115
3 175
-
accident
605
483
1 375
-
health
1 761
1 405
4 002
-
pensions
5 850
4 666
13 284
-
other
2 214
1 765
5 027
-
surtax
184
184
184
-
chamber of commerce
186
149
423
-
total
13 596
10 882
30 645
-
Corporate
76 289
88 447
102 314
-
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.

19 072
22 111
25 579
-
total
19 072
22 111
25 579
-
Dividends
57 217
66 336
-
-
withholding
15 734
18 242
-
-
total
15 734
18 242
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 151
60 709
100 650
66 753
After tax
74 349
75 791
35 850
69 747
Living cost
32 866
32 866
32 866
32 866
Free-cash
41 483
42 925
2 984
36 881

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15601
₽42390
₽25818
₽28399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
21 375
communal

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

-
-
-
6 907
national
-
-
-
48 391
total
-
-
-
76 673
Employee

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

66 719
-
105 723
-
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.

3 135
-
4 968
-
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.

5 004
-
7 930
-
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.

581
-
920
-
national
20 512
-
36 781
-
communal

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

3 480
-
5 514
-
total
32 712
-
56 113
-
Employer

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

66 719
-
105 723
-
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.

974
-
1 543
-
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.

867
-
1 374
-
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.

4 103
-
6 503
-
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.

5 912
-
9 367
-
surtax
7 565
-
11 990
-
total
19 421
-
30 777
-
Corporate
50 360
136 500
-
-
surtax
202
545
-
-
income
10 071
27 299
-
-
total
10 273
27 844
-
-
Dividends
40 087
108 656
-
-
withholding

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

11 686
32 257
-
-
total
11 686
32 257
-
-
Income
136 500
136 500
136 500
136 500
Total tax
74 092
60 101
86 890
76 673
After tax
62 408
76 399
49 610
59 827
Living cost
34 009
34 009
34 009
34 009
Free-cash
28 399
42 390
15 601
25 818

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39096
₽57636
₽43230
₽50756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
33 649
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
59 585
Employee
46 429
-
108 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
30 667
-
total
12 744
-
36 158
-
Employer
46 429
-
108 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
75 272
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.

11 291
20 476
-
-
total
11 291
20 476
-
-
Dividends
63 981
116 024
-
-
withholding
13 224
24 703
-
-
total
13 224
24 703
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 059
45 179
63 719
59 585
After tax
84 441
91 321
72 781
76 915
Living cost
33 685
33 685
33 685
33 685
Free-cash
50 756
57 636
39 096
43 230

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25352
₽30665
₽19912
₽20214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
6 767
income
-
-
-
19 305
communal
-
-
-
8 627
pensions
-
-
-
20 460
accident
-
-
-
1 151
health
-
-
-
9 590
total
-
-
-
65 900
Employee
70 635
-
121 929
-
health
3 144
-
5 425
-
pensions
5 650
-
9 755
-
surtax
4 329
-
7 473
-
income
6 823
-
23 236
-
total
19 946
-
45 889
-
Employer
70 635
-
121 929
-
accident
635
-
1 097
-
health
2 154
-
3 719
-
pensions
5 650
-
9 755
-
total
8 439
-
14 571
-
Corporate
57 426
136 500
-
-
communal
3 876
9 213
-
-
surtax
604
1 434
-
-
income
8 613
20 476
-
-
total
13 093
31 123
-
-
Dividends
44 333
105 378
-
-
withholding
6 650
15 806
-
-
income
17 470
8 218
-
-
total
24 120
24 024
-
-
Income
136 500
136 500
136 500
136 500
Total tax
65 598
55 147
60 460
65 900
After tax
70 902
81 353
76 040
70 600
Living cost
50 688
50 688
50 688
50 688
Free-cash
20 214
30 665
25 352
19 912

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40007
₽64910
₽43825
₽61939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 728
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
33 050
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
71 725
Employee
31 411
-
112 764
-
health
802
-
2 876
-
pensions
2 096
-
7 521
-
unemployment
2 186
-
7 848
-
surtax
112
-
4 126
-
other
-
-
-
-
income
5 266
-
29 436
-
total
10 462
-
51 807
-
Employer
31 411
-
112 764
-
unemployment
997
-
3 575
-
health
1 428
-
5 130
-
pensions
4 188
-
15 031
-
other
-
-
-
-
total
6 613
-
23 736
-
Corporate
98 476
136 500
-
-
income
25 604
35 489
-
-
total
25 604
35 489
-
-
Dividends
72 873
101 011
-
-
withholding
10 932
15 151
-
-
total
10 932
15 151
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 611
50 640
75 543
71 725
After tax
82 889
85 860
60 957
64 775
Living cost
20 950
20 950
20 950
20 950
Free-cash
61 939
64 910
40 007
43 825

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34920
₽46620
₽41259
₽44551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
35 109
national
-
-
-
32 137
regional
-
-
-
2 058
total
-
-
-
70 115
Employee
51 740
-
136 500
-
social contributions
17 447
-
46 028
-
national
8 197
-
27 866
-
regional
697
-
1 836
-
municipal
274
-
724
-
total
26 615
-
76 454
-
Employer
51 740
-
136 500
-
total
-
-
-
-
Corporate
84 760
136 500
-
-
municipal
4 213
6 785
-
-
nationa
20 343
32 760
-
-
total
24 556
39 545
-
-
Dividends
60 204
96 956
-
-
withholding
15 652
25 209
-
-
total
15 652
25 209
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 823
64 754
76 454
70 115
After tax
69 677
71 746
60 046
66 385
Living cost
25 126
25 126
25 126
25 126
Free-cash
44 551
46 620
34 920
41 259

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41184
₽65895
₽44401
₽55876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
12 791
health
-
-
-
18 427
total
-
-
-
64 014
Employee
41 301
-
101 866
-
health
5 576
-
13 752
-
social contributions
2 685
-
6 621
-
solidarity contribution
-
-
-
-
income
4 956
-
12 224
-
total
13 217
-
32 597
-
Employer
41 301
-
101 866
-
health
3 717
-
9 168
-
social contributions
10 325
-
25 466
-
total
14 042
-
34 634
-
Corporate
81 156
136 500
-
-
income
15 420
25 935
-
-
total
15 420
25 935
-
-
Dividends
65 737
110 565
-
-
withholding
9 860
16 585
-
-
total
9 860
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 539
42 520
67 231
64 014
After tax
83 961
93 980
69 269
72 486
Living cost
28 085
28 085
28 085
28 085
Free-cash
55 876
65 895
41 184
44 401

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6130
₽46133
₽40174
₽45674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
545
unemployment
-
-
-
5 721
income
-
-
-
31 809
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
66 569
Employee
40 772
37 171
105 988
-
health
1 577
1 439
4 101
-
pensions
4 176
3 806
10 854
-
unemployment
1 223
1 115
3 179
-
other
407
372
1 060
-
income
3 632
2 742
25 303
-
total
11 015
9 474
44 497
-
Employer
40 772
37 171
105 988
-
unemployment
1 223
1 115
3 179
-
payroll
1 223
1 115
3 179
-
accident
529
483
1 377
-
health
1 542
1 405
4 006
-
pensions
5 117
4 666
13 302
-
other
1 936
1 765
5 034
-
surtax
-
-
-
-
chamber of commerce
163
149
425
-
total
11 733
10 698
30 502
-
Corporate
83 994
88 631
102 459
-
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.

20 998
22 157
25 614
-
total
20 998
22 157
25 614
-
Dividends
62 996
66 474
-
-
withholding
17 323
18 281
-
-
total
17 323
18 281
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 069
60 610
100 613
66 569
After tax
75 431
75 890
35 887
69 931
Living cost
29 757
29 757
29 757
29 757
Free-cash
45 674
46 133
6 130
40 174

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97428
₽117903
₽123363
₽115696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
136 500
-
income
2 943
-
27 300
-
total
2 943
-
27 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

121 785
136 500
-
-
total
-
-
-
-
Dividends
121 785
136 500
-
-
withholding
6 089
6 825
-
-
total
6 089
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
9 032
6 825
27 300
1 365
After tax
127 468
129 675
109 200
135 135
Living cost
11 772
11 772
11 772
11 772
Free-cash
115 696
117 903
97 428
123 363

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39444
₽68962
₽43059
₽61159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 856
pensions
-
-
-
24 929
health
-
-
-
13 433
total
-
-
-
68 423
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.

41 246
-
118 111
-
health
2 664
-
7 631
-
pensions
6 393
-
18 307
-
unemployment
58
-
165
-
income
7 113
-
27 546
-
total
16 228
-
53 649
-
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.

41 246
-
118 111
-
unemployment
25
-
71
-
health
2 747
-
7 866
-
pensions
3 650
-
10 452
-
total
6 422
-
18 389
-
Corporate
88 833
136 500
-
-
income
16 879
25 935
-
-
total
16 879
25 935
-
-
Dividends
71 954
110 565
-
-
withholding
10 794
16 585
-
-
total
10 794
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 323
42 520
72 038
68 423
After tax
86 177
93 980
64 462
68 077
Living cost
25 018
25 018
25 018
25 018
Free-cash
61 159
68 962
39 444
43 059

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84293
₽43038
₽54323
-₽1755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 561
income
-
-
-
26 607
total
-
-
-
42 168
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
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
98 246
53 453
12 198
42 168
After tax
38 254
83 047
124 302
94 332
Living cost
40 009
40 009
40 009
40 009
Free-cash
-1 755
43 038
84 293
54 323

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35280
₽48384
₽44806
₽47446
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
47 433
income
-
-
-
15 004
total
-
-
-
62 437
Employee
42 898
-
110 304
-
social contributions
4 719
-
12 134
-
surtax
-
-
-
-
income
8 923
-
33 633
-
total
13 642
-
45 767
-
Employer
42 898
-
110 304
-
social contributions
10 188
-
26 196
-
total
10 188
-
26 196
-
Corporate
83 413
136 500
-
-
surtax
-
-
-
-
income
17 516
28 666
-
-
total
17 516
28 666
-
-
Dividends
65 897
107 834
-
-
withholding
18 451
30 193
-
-
total
18 451
30 193
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 797
58 859
71 963
62 437
After tax
76 703
77 641
64 537
74 063
Living cost
29 257
29 257
29 257
29 257
Free-cash
47 446
48 384
35 280
44 806

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33073
₽23746
₽32322
₽30158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 232
social contributions
-
-
-
3 889
income
-
-
-
19 114
pensions
-
-
-
26 990
health
-
-
-
4 903
total
-
-
-
59 128
Employee
58 419
-
107 323
-
social contributions
1 664
-
3 059
-
pensions
6 608
-
6 765
-
surtax
-
-
-
-
income
5 097
-
19 376
-
total
13 369
-
29 200
-
Employer
58 419
-
107 323
-
unemployment
2 367
-
4 347
-
health
4 089
-
9 104
-
pensions
9 599
-
11 515
-
other
2 016
-
3 889
-
social contributions
175
-
322
-
total
18 246
-
29 177
-
Corporate
59 836
136 500
-
-
surtax
-
-
-
-
income
16 753
38 220
-
-
total
16 753
38 220
-
-
Dividends
43 082
98 280
-
-
withholding
5 515
12 580
-
-
surtax
-
-
-
-
social contributions
7 409
16 904
-
-
total
12 924
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 292
67 704
58 377
59 128
After tax
75 208
68 796
78 123
77 372
Living cost
45 050
45 050
45 050
45 050
Free-cash
30 158
23 746
33 073
32 322

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77076
₽94812
₽73449
₽91678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 983
social contributions
-
-
-
30 030
total
-
-
-
35 013
Employee
29 986
-
118 182
-
social contributions
1 949
-
7 682
-
income
-
-
5 386
-
total
1 949
-
13 068
-
Employer
29 986
-
118 182
-
social contributions
4 648
-
18 318
-
total
4 648
-
18 318
-
Corporate
101 866
136 500
-
-
income
10 187
13 650
-
-
total
10 187
13 650
-
-
Dividends
91 679
122 850
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
16 784
13 650
31 386
35 013
After tax
119 716
122 850
105 114
101 487
Living cost
28 038
28 038
28 038
28 038
Free-cash
91 678
94 812
77 076
73 449

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽66726
-₽66726
₽37190
-₽66726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 608
labour market
-
-
-
10 855
national
-
-
-
15 117
pensions
-
-
-
809
total
-
-
-
54 389
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
158 305
158 305
158 305
54 389
After tax
-21 805
-21 805
-21 805
82 111
Living cost
44 921
44 921
44 921
44 921
Free-cash
-66 726
-66 726
-66 726
37 190

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52559
-₽9465
₽72899
₽7908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
351
income
-
-
-
36 485
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
43 079
Employee
32 282
-
121 081
-
health
3 697
-
13 864
-
pensions
3 635
-
7 223
-
income
4 429
-
26 913
-
total
11 761
-
48 000
-
Employer
32 282
-
121 081
-
unemployment
791
-
2 966
-
accident
539
-
2 022
-
pensions
5 249
-
10 431
-
total
6 579
-
15 419
-
Corporate
97 638
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.

87 875
122 850
-
-
total
87 875
122 850
-
-
Dividends
9 764
13 650
-
-
withholding
1 855
2 593
-
-
total
1 855
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
108 070
125 443
63 419
43 079
After tax
28 430
11 057
73 081
93 421
Living cost
20 522
20 522
20 522
20 522
Free-cash
7 908
-9 465
52 559
72 899

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37563
₽51450
₽56271
₽53126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 262
national
-
-
-
18 444
health
-
-
-
1 713
total
-
-
-
44 419
Employee
49 073
-
114 829
-
health
366
-
1 379
-
pensions
3 312
-
7 751
-
unemployment
736
-
1 722
-
national
811
-
11 889
-
municipal
8 038
-
18 716
-
total
13 263
-
41 457
-
Employer
49 073
-
114 829
-
unemployment
319
-
747
-
accident
50
-
115
-
health
377
-
885
-
pensions
8 514
-
19 923
-
total
9 260
-
21 670
-
Corporate
78 168
136 500
-
-
income
15 633
27 299
-
-
total
15 633
27 299
-
-
Dividends

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

46 901
81 901
-
-
national
965
7 198
-
-
municipal
8 443
14 743
-
-
total
9 408
21 941
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 564
49 240
63 127
44 419
After tax
88 936
87 260
73 373
92 081
Living cost
35 810
35 810
35 810
35 810
Free-cash
53 126
51 450
37 563
56 271

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71818
₽78073
₽73095
₽72997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
social contributions
-
-
-
15 091
income
-
-
-
23 239
health
-
-
-
3 480
total
-
-
-
41 810
Employee
71 723
71 723
126 138
-
health
556
1 220
2 144
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
22 552
-
total
11 077
13 812
32 725
-
Employer
71 723
71 723
126 138
-
health
604
1 328
2 333
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
10 362
-
Corporate
100 513
57 497
-
-
income
12 564
7 186
-
-
total
12 564
7 186
-
-
Dividends
87 949
50 311
-
-
withholding
14 951
8 553
-
-
total
14 951
8 553
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 908
36 832
43 087
41 810
After tax
94 592
99 668
93 413
94 690
Living cost
21 595
21 595
21 595
21 595
Free-cash
72 997
78 073
71 818
73 095

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79987
₽98225
₽98698
₽93482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
136 500
unemployment
-
-
-
27
income
-
-
-
13 658
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
22 993
Employee

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

21 409
-
127 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
11 346
-
total
6 601
-
32 587
-
Employer

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

21 409
-
127 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
112 887
136 500
-
-
income
10 160
12 286
-
-
total
10 160
12 286
-
-
Dividends
102 727
124 214
-
-
withholding
9 245
11 180
-
-
total
9 245
11 180
-
-
Income
136 500
136 500
136 500
136 500
Total tax
28 209
23 466
41 704
22 993
After tax
108 291
113 034
94 796
113 507
Living cost
14 809
14 809
14 809
14 809
Free-cash
93 482
98 225
79 987
98 698

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47132
₽65672
₽51266
₽61330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
33 649
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
59 585
Employee
34 489
-
108 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
30 667
-
total
8 839
-
36 158
-
Employer
34 489
-
108 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
91 016
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.

13 652
20 476
-
-
total
13 652
20 476
-
-
Dividends
77 364
116 024
-
-
withholding
16 035
24 703
-
-
total
16 035
24 703
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 521
45 179
63 719
59 585
After tax
86 979
91 321
72 781
76 915
Living cost
25 649
25 649
25 649
25 649
Free-cash
61 330
65 672
47 132
51 266

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85576
₽83277
₽85711
₽82965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 501
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
48 890
Employee
2 893
-
134 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
46 428
-
total
994
-
47 466
-
Employer
2 893
-
134 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
132 956
136 500
-
-
income
29 250
30 030
-
-
total
29 250
30 030
-
-
Dividends
103 706
106 470
-
-
withholding
20 741
21 294
-
-
total
20 741
21 294
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 636
51 324
49 025
48 890
After tax
84 864
85 176
87 475
87 610
Living cost
1 899
1 899
1 899
1 899
Free-cash
82 965
83 277
85 576
85 711

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64078
₽82488
₽64079
₽77899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 034
income
-
-
-
30 228
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
56 288
Employee

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

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

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

24 328
-
124 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
30 228
-
total
8 194
-
43 948
-
Employer

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

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

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

24 328
-
124 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
107 817
136 500
-
-
income
16 173
20 475
-
-
total
16 173
20 475
-
-
Dividends
91 645
116 025
-
-
withholding
13 747
17 404
-
-
total
13 747
17 404
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 468
37 879
56 289
56 288
After tax
94 032
98 621
80 211
80 212
Living cost
16 133
16 133
16 133
16 133
Free-cash
77 899
82 488
64 078
64 079

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
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.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39391
₽52495
₽48917
₽52157
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
47 433
income
-
-
-
15 004
total
-
-
-
62 437
Employee
36 201
-
110 304
-
social contributions
3 983
-
12 134
-
surtax
-
-
-
-
income
7 074
-
33 633
-
total
11 057
-
45 767
-
Employer
36 201
-
110 304
-
social contributions
8 597
-
26 196
-
total
8 597
-
26 196
-
Corporate
91 702
136 500
-
-
surtax
-
-
-
-
income
19 258
28 666
-
-
total
19 258
28 666
-
-
Dividends
72 444
107 834
-
-
withholding
20 285
30 193
-
-
total
20 285
30 193
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 197
58 859
71 963
62 437
After tax
77 303
77 641
64 537
74 063
Living cost
25 146
25 146
25 146
25 146
Free-cash
52 157
52 495
39 391
48 917

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40001
₽58541
₽44135
₽51979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
33 649
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
59 585
Employee
45 047
-
108 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
30 667
-
total
12 267
-
36 158
-
Employer
45 047
-
108 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
77 091
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.

11 564
20 476
-
-
total
11 564
20 476
-
-
Dividends
65 528
116 024
-
-
withholding
13 548
24 703
-
-
total
13 548
24 703
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 741
45 179
63 719
59 585
After tax
84 759
91 321
72 781
76 915
Living cost
32 780
32 780
32 780
32 780
Free-cash
51 979
58 541
40 001
44 135

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96322
₽100656
₽91271
₽94967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
20 475
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
29 177
Employee
21 255
-
130 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
13 010
-
total
5 204
-
17 730
-
Employer
21 255
-
130 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
111 075
136 500
-
-
income
11 107
13 650
-
-
total
11 107
13 650
-
-
Dividends
99 967
122 850
-
-
withholding
4 999
6 142
-
-
total
4 999
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
25 481
19 792
24 126
29 177
After tax
111 019
116 708
112 374
107 323
Living cost
16 052
16 052
16 052
16 052
Free-cash
94 967
100 656
96 322
91 271

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52856
₽34285
₽39490
₽46485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 151
trade
-
-
-
13 366
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.

-
-
-
39 111
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.

-
-
-
6 372
total
-
-
-
61 000
Employee

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

46 409
-
136 500
-
health

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

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

6 372
-
6 372
-
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.

211
-
2 151
-
income

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

3 816
-
39 111
-
total
10 399
-
47 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 091
136 500
-
-
chamber of commerce
274
342
-
-
trade
12 928
19 587
-
-
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.

743
1 126
-
-
income
13 514
20 476
-
-
total
27 459
41 531
-
-
Dividends
62 631
94 970
-
-
withholding
15 304
23 387
-
-
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.

843
1 287
-
-
total
16 147
24 674
-
-
Income
136 500
136 500
136 500
136 500
Total tax
54 005
66 205
47 634
61 000
After tax
82 495
70 295
88 866
75 500
Living cost
36 010
36 010
36 010
36 010
Free-cash
46 485
34 285
52 856
39 490

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22056
₽42418
₽22056
₽44479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 183
social contributions
-
-
-
22 129
total
-
-
-
61 312
Employee
72 960
-
136 500
-
social contributions
6 061
-
22 129
-
income
13 767
-
39 183
-
total
19 828
-
61 312
-
Employer
72 960
-
136 500
-
total
-
-
-
-
Corporate
63 540
136 500
-
-
income
7 942
17 063
-
-
total
7 942
17 063
-
-
Dividends
55 597
119 437
-
-
withholding
11 119
23 887
-
-
total
11 119
23 887
-
-
Income
136 500
136 500
136 500
136 500
Total tax
38 889
40 950
61 312
61 312
After tax
97 611
95 550
75 188
75 188
Living cost
53 132
53 132
53 132
53 132
Free-cash
44 479
42 418
22 056
22 056

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽64892
₽49939
₽70410
₽53198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
132 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
29 168
-
total
8 930
-
33 459
-
Employer
42 788
-
132 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
89 425
136 500
-
-
income
31 299
47 775
-
-
total
31 299
47 775
-
-
Dividends
58 125
88 725
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 444
52 703
37 750
32 232
After tax
87 056
83 797
98 750
104 268
Living cost
33 858
33 858
33 858
33 858
Free-cash
53 198
49 939
64 892
70 410

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45292
₽57587
₽57807
₽62094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
35 941
pensions
-
-
-
7 870
total
-
-
-
43 811
Employee
47 881
-
119 508
-
health
625
-
1 845
-
pensions
3 654
-
9 893
-
income
8 719
-
27 596
-
total
12 998
-
39 334
-
Employer
47 881
-
119 508
-
health
910
-
2 271
-
pensions
4 837
-
14 721
-
total
5 747
-
16 992
-
Corporate
82 872
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.

15 745
25 935
-
-
total
15 745
25 935
-
-
Dividends
67 127
110 565
-
-
withholding
5 034
18 096
-
-
total
5 034
18 096
-
-
Income
136 500
136 500
136 500
136 500
Total tax
39 524
44 031
56 326
43 811
After tax
96 976
92 469
80 174
92 689
Living cost
34 882
34 882
34 882
34 882
Free-cash
62 094
57 587
45 292
57 807

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50527
-₽11497
₽70867
₽7598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
other
-
-
-
351
income
-
-
-
36 485
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
43 079
Employee
35 478
-
121 081
-
health
4 062
-
13 864
-
pensions
3 995
-
7 223
-
income
4 867
-
26 913
-
total
12 924
-
48 000
-
Employer
35 478
-
121 081
-
unemployment
869
-
2 966
-
accident
592
-
2 022
-
pensions
5 768
-
10 431
-
total
7 229
-
15 419
-
Corporate
93 792
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.

84 413
122 850
-
-
total
84 413
122 850
-
-
Dividends
9 379
13 650
-
-
withholding
1 782
2 593
-
-
total
1 782
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
106 348
125 443
63 419
43 079
After tax
30 152
11 057
73 081
93 421
Living cost
22 554
22 554
22 554
22 554
Free-cash
7 598
-11 497
50 527
70 867

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81286
₽102258
₽64272
₽97890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 083
pensions
-
-
-
25 116
work injury
-
-
-
683
total
-
-
-
59 621
Employee

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

20 172
-
136 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
22 083
-
total
7 565
-
42 607
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 328
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%.

1 163
1 365
-
-
total
1 163
1 365
-
-
Dividends
115 165
135 135
-
-
withholding
17 275
20 270
-
-
total
17 275
20 270
-
-
Income
136 500
136 500
136 500
136 500
Total tax
26 003
21 635
42 607
59 621
After tax
110 497
114 865
93 893
76 879
Living cost
12 607
12 607
12 607
12 607
Free-cash
97 890
102 258
81 286
64 272

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21939
₽34741
₽28086
₽30497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
913
social contributions
-
-
-
35 109
national
-
-
-
32 137
regional
-
-
-
3 097
total
-
-
-
71 256
Employee
78 598
-
136 500
-
social contributions
26 503
-
46 028
-
national
13 282
-
27 866
-
regional
1 187
-
2 695
-
municipal
469
-
814
-
total
41 441
-
77 403
-
Employer
78 598
-
136 500
-
total
-
-
-
-
Corporate
57 902
136 500
-
-
municipal
2 791
6 579
-
-
nationa
13 897
32 760
-
-
total
16 688
39 339
-
-
Dividends
41 214
97 161
-
-
withholding
10 716
25 262
-
-
total
10 716
25 262
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 845
64 601
77 403
71 256
After tax
67 655
71 899
59 097
65 244
Living cost
37 158
37 158
37 158
37 158
Free-cash
30 497
34 741
21 939
28 086

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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