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
₽38347
₽49510
₽45245
₽59353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
trade
-
-
-
14 108
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.

-
-
-
37 618
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.

-
-
-
6 894
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.

-
-
-
2 068
total
-
-
-
60 688
Employee

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

38 599
-
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.

6 894
-
6 894
-
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.

59
-
2 068
-
income

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

1 078
-
37 618
-
total
8 031
-
46 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 901
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.

808
1 126
-
-
income
14 685
20 474
-
-
trade
15 420
21 499
-
-
chamber of commerce
293
349
-
-
total
31 206
43 448
-
-
Dividends
66 695
93 052
-
-
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.

896
1 258
-
-
withholding
16 290
22 880
-
-
total
17 186
24 138
-
-
Income
136 500
136 500
136 500
136 500
Total tax
56 423
67 586
46 580
60 688
After tax
80 077
68 914
89 920
75 812
Living cost
30 567
30 567
30 567
30 567
Free-cash
49 510
38 347
59 353
45 245

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34182
₽33334
₽30269
₽31339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 665
pensions
-
-
-
16 380
national
-
-
-
22 725
social contributions
-
-
-
1 467
total
-
-
-
55 237
Employee
79 050
-
118 003
-
municipal
9 764
-
15 194
-
pensions
3 162
-
4 720
-
national
15 130
-
23 544
-
total
28 056
-
43 458
-
Employer
79 050
-
118 003
-
social contributions
850
-
1 269
-
pensions
6 324
-
9 440
-
total
7 174
-
10 709
-
Corporate
45 059
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%.

9 012
27 300
-
-
total
9 012
27 300
-
-
Dividends
36 047
109 200
-
-
withholding
7 930
24 024
-
-
total
7 930
24 024
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 172
51 324
54 167
55 237
After tax
84 328
85 176
82 333
81 263
Living cost
50 994
50 994
50 994
50 994
Free-cash
33 334
34 182
31 339
30 269

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88205
₽79927
₽20679
₽55538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
136 500
microenterprise
-
-
-
-
income
-
-
-
21 353
surtax
-
-
-
34 807
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.

-
-
-
38 666
total
-
-
-
94 826
Employee
29 488
-
110 001
-
social contributions

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

3 244
-
12 100
-
surtax
-
-
-
-
income
5 249
-
21 368
-
total
8 493
-
33 468
-
Employer
29 488
-
110 001
-
social contributions

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

7 103
-
26 499
-
surtax
-
-
-
-
total
7 103
-
26 499
-
Corporate
99 909
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%.

19 982
27 300
-
-
total
19 982
27 300
-
-
Dividends

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

79 927
109 200
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
35 578
27 300
59 967
94 826
After tax
100 922
109 200
76 533
41 674
Living cost
20 995
20 995
20 995
20 995
Free-cash
79 927
88 205
55 538
20 679

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24691
₽18507
₽35954
₽37096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 002
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
58 270
Employee
86 179
86 179
117 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 374
-
Employer
86 179
86 179
117 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
36 287
35 230
-
-
income
7 258
7 046
-
-
total
7 258
7 046
-
-
Dividends
29 029
28 185
-
-
income
6 168
5 988
-
-
withholding
4 355
4 229
-
-
total
10 523
10 217
-
-
Income
136 500
136 500
136 500
136 500
Total tax
75 717
69 534
57 128
58 270
After tax
60 783
66 966
79 372
78 230
Living cost
42 276
42 276
42 276
42 276
Free-cash
18 507
24 691
37 096
35 954

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35539
₽34663
₽33220
₽32170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 322
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
6 212
total
-
-
-
64 290
Employee
55 558
-
109 651
-
municipal
16 567
-
32 698
-
national
-
-
5 793
-
total
16 567
-
38 491
-
Employer
55 558
-
109 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
63 486
136 500
-
-
income
13 967
30 030
-
-
total
13 967
30 030
-
-
Dividends
49 519
106 470
-
-
withholding
14 856
31 941
-
-
total
14 856
31 941
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 847
61 971
65 340
64 290
After tax
73 653
74 529
71 160
72 210
Living cost
38 990
38 990
38 990
38 990
Free-cash
34 663
35 539
32 170
33 220

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28568
₽42746
₽35539
₽50276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
trade
-
-
-
14 737
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.

-
-
-
37 618
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.

-
-
-
6 894
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.

-
-
-
2 068
total
-
-
-
61 317
Employee

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

51 177
-
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.

6 894
-
6 894
-
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.

241
-
2 068
-
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.

4 397
-
37 618
-
total
11 532
-
46 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 323
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.

705
1 126
-
-
income
12 799
20 474
-
-
trade
14 036
22 454
-
-
chamber of commerce
274
347
-
-
total
27 814
44 401
-
-
Dividends
57 510
92 099
-
-
surtax

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

770
1 245
-
-
withholding
13 994
22 642
-
-
total
14 764
23 887
-
-
Income
136 500
136 500
136 500
136 500
Total tax
54 110
68 288
46 580
61 317
After tax
82 390
68 212
89 920
75 183
Living cost
39 644
39 644
39 644
39 644
Free-cash
42 746
28 568
50 276
35 539

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66984
₽62793
₽62632
₽61309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
21 326
health
-
-
-
3 482
social contributions
-
-
-
16 328
total
-
-
-
41 136
Employee
77 600
77 600
125 492
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 133
-
income
8 149
7 183
20 631
-
total
12 692
14 942
31 451
-
Employer
77 600
77 600
125 492
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 321
-
total
4 612
7 876
11 008
-
Corporate
86 465
51 023
-
-
income
10 809
6 377
-
-
total
10 809
6 377
-
-
Dividends
75 656
44 646
-
-
withholding
12 862
7 589
-
-
total
12 862
7 589
-
-
Income
136 500
136 500
136 500
136 500
Total tax
40 975
36 784
42 459
41 136
After tax
95 525
99 716
94 041
95 364
Living cost
32 732
32 732
32 732
32 732
Free-cash
62 793
66 984
61 309
62 632

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58429
₽58809
₽76223
₽60793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
114 226
-
health
1 853
737
7 996
-
income
3 236
1 288
13 964
-
pensions
2 647
1 053
11 423
-
unemployment
397
158
1 713
-
total
8 133
3 236
35 096
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
114 226
-
pensions
5 162
2 054
22 274
-
total
5 162
2 054
22 274
-
Corporate
104 869
123 911
-
-
income
9 438
11 152
-
-
total
9 438
11 152
-
-
Dividends
95 431
112 759
-
-
social contributions
18 489
21 868
-
-
withholding
18 132
21 424
-
-
total
36 621
43 292
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 354
59 734
57 370
41 940
After tax
77 146
76 766
79 130
94 560
Living cost
18 337
18 337
18 337
18 337
Free-cash
58 809
58 429
60 793
76 223

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84825
₽78555
₽48789
₽54302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
18 291
pensions
-
-
-
27 300
health
-
-
-
17 745
total
-
-
-
63 336
Employee
28 629
-
102 019
-
income
3 223
-
19 670
-
pensions
573
-
2 040
-
unemployment
458
-
1 632
-
total
4 254
-
23 342
-
Employer
28 629
-
102 019
-
unemployment
230
-
816
-
pensions
5 726
-
20 403
-
health
3 721
-
13 262
-
total
9 677
-
34 481
-
Corporate
98 195
136 500
-
-
income
19 639
27 300
-
-
total
19 639
27 300
-
-
Dividends
78 555
109 200
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
33 570
27 300
57 823
63 336
After tax
102 930
109 200
78 677
73 164
Living cost
24 375
24 375
24 375
24 375
Free-cash
78 555
84 825
54 302
48 789

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11012
₽7670
₽71387
₽50662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
253
income
-
-
-
36 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
43 044
Employee
34 715
-
120 484
-
health
3 975
-
13 796
-
income
4 763
-
26 304
-
pensions
3 909
-
7 653
-
total
12 647
-
47 753
-
Employer
34 715
-
120 484
-
accident
580
-
2 012
-
unemployment
850
-
2 952
-
pensions
5 645
-
11 052
-
total
7 075
-
16 016
-
Corporate
94 710
136 500
-
-
income

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

85 239
122 850
-
-
total
85 239
122 850
-
-
Dividends
9 471
13 650
-
-
withholding
1 800
2 593
-
-
total
1 800
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
106 761
125 443
63 769
43 044
After tax
29 739
11 057
72 731
93 456
Living cost
22 069
22 069
22 069
22 069
Free-cash
7 670
-11 012
50 662
71 387

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120596
₽118895
₽126056
₽100121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
136 500
-
income
2 269
-
27 300
-
total
2 269
-
27 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

125 151
136 500
-
-
total
-
-
-
-
Dividends
125 151
136 500
-
-
withholding
6 257
6 825
-
-
total
6 257
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
8 526
6 825
27 300
1 365
After tax
127 974
129 675
109 200
135 135
Living cost
9 079
9 079
9 079
9 079
Free-cash
118 895
120 596
100 121
126 056

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73396
₽66582
₽45817
₽51467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 542
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.

-
-
-
32 761
other
-
-
-
6 484
health
-
-
-
6 006
total
-
-
-
63 793
Employee
36 642
-
109 028
-
health
513
-
1 526
-
income
6 308
-
20 424
-
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.

2 564
-
7 632
-
unemployment
366
-
1 090
-
total
9 751
-
30 672
-
Employer
36 642
-
109 028
-
accident
293
-
871
-
other
1 833
-
5 450
-
unemployment
366
-
1 090
-
pensions

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

6 230
-
18 534
-
health
513
-
1 526
-
total
9 235
-
27 471
-
Corporate
90 624
136 500
-
-
income
19 030
28 665
-
-
total
19 030
28 665
-
-
Dividends
71 593
107 835
-
-
withholding
5 012
7 549
-
-
total
5 012
7 549
-
-
Income
136 500
136 500
136 500
136 500
Total tax
43 028
36 214
58 143
63 793
After tax
93 472
100 286
78 357
72 707
Living cost
26 890
26 890
26 890
26 890
Free-cash
66 582
73 396
51 467
45 817

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26141
₽20638
₽25936
₽13348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 564
pensions
-
-
-
8 273
total
-
-
-
42 837
Employee
95 823
-
119 628
-
health
1 579
-
1 898
-
income
17 273
-
26 172
-
pensions
9 244
-
10 483
-
total
28 096
-
38 553
-
Employer
95 823
-
119 628
-
pensions
11 314
-
14 599
-
health
1 820
-
2 273
-
total
13 134
-
16 872
-
Corporate
27 543
136 500
-
-
income

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

5 232
25 935
-
-
total
5 232
25 935
-
-
Dividends
22 311
110 565
-
-
withholding
1 673
16 697
-
-
total
1 673
16 697
-
-
Income
136 500
136 500
136 500
136 500
Total tax
48 135
42 632
55 425
42 837
After tax
88 365
93 868
81 075
93 663
Living cost
67 727
67 727
67 727
67 727
Free-cash
20 638
26 141
13 348
25 936

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103469
₽98778
₽93369
₽98275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
20 475
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 892
Employee
17 531
-
129 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
12 958
-
pensions

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

1 539
-
3 097
-
total
4 291
-
18 065
-
Employer
17 531
-
129 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
115 529
136 500
-
-
income
11 553
13 650
-
-
total
11 553
13 650
-
-
Dividends
103 976
122 850
-
-
withholding
5 199
6 142
-
-
total
5 199
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
24 483
19 792
24 986
29 892
After tax
112 017
116 708
111 514
106 608
Living cost
13 239
13 239
13 239
13 239
Free-cash
98 778
103 469
98 275
93 369

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11006
₽13544
₽22270
₽23412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 002
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
58 270
Employee
93 563
86 179
117 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
38 374
-
Employer
93 563
86 179
117 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
26 556
35 230
-
-
income
5 311
7 046
-
-
total
5 311
7 046
-
-
Dividends
21 245
28 185
-
-
income
4 514
5 988
-
-
withholding
3 187
4 229
-
-
total
7 701
10 217
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 996
69 534
57 128
58 270
After tax
69 504
66 966
79 372
78 230
Living cost
55 960
55 960
55 960
55 960
Free-cash
13 544
11 006
23 412
22 270

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69810
₽61188
₽46629
₽45099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
12 494
health
-
-
-
18 428
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
65 701
Employee
35 544
-
101 866
-
social contributions
2 310
-
6 621
-
health
4 798
-
13 752
-
solidarity contribution
-
-
-
-
income
4 265
-
12 224
-
total
11 373
-
32 597
-
Employer
35 544
-
101 866
-
social contributions
8 886
-
25 466
-
health
3 199
-
9 168
-
total
12 085
-
34 634
-
Corporate
88 871
136 500
-
-
income
16 886
25 935
-
-
total
16 886
25 935
-
-
Dividends
71 986
110 565
-
-
withholding
10 798
16 585
-
-
total
10 798
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 142
42 520
67 231
65 701
After tax
85 358
93 980
69 269
70 799
Living cost
24 170
24 170
24 170
24 170
Free-cash
61 188
69 810
45 099
46 629

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30247
₽24978
₽24948
₽18453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
812
regional
-
-
-
1 568
national
-
-
-
31 482
social contributions
-
-
-
35 107
total
-
-
-
68 969
Employee
89 689
-
136 500
-
social contributions
30 243
-
46 027
-
regional
846
-
1 381
-
municipal
475
-
724
-
national
15 541
-
27 332
-
total
47 105
-
75 464
-
Employer
89 689
-
136 500
-
total
-
-
-
-
Corporate
46 811
136 500
-
-
nationa
11 234
32 759
-
-
municipal
1 825
5 324
-
-
total
13 059
38 083
-
-
Dividends
33 752
98 417
-
-
withholding
8 775
25 587
-
-
total
8 775
25 587
-
-
Income
136 500
136 500
136 500
136 500
Total tax
68 939
63 670
75 464
68 969
After tax
67 561
72 830
61 036
67 531
Living cost
42 583
42 583
42 583
42 583
Free-cash
24 978
30 247
18 453
24 948

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63589
₽60450
₽42499
₽40003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
30 726
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 276
total
-
-
-
71 732
Employee
33 373
-
112 762
-
other
-
-
-
-
health
852
-
2 876
-
surtax
109
-
3 884
-
income
5 594
-
28 361
-
pensions
2 225
-
7 521
-
unemployment
2 323
-
7 848
-
total
11 103
-
50 490
-
Employer
33 373
-
112 762
-
other
-
-
-
-
unemployment
1 057
-
3 575
-
pensions
4 449
-
15 032
-
health
1 519
-
5 131
-
total
7 025
-
23 738
-
Corporate
96 103
136 500
-
-
income
24 986
35 490
-
-
total
24 986
35 490
-
-
Dividends
71 117
101 010
-
-
withholding
10 667
15 152
-
-
total
10 667
15 152
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 781
50 642
74 228
71 732
After tax
82 719
85 858
62 272
64 768
Living cost
22 269
22 269
22 269
22 269
Free-cash
60 450
63 589
40 003
42 499

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47599
₽48034
₽47394
₽34806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 564
pensions
-
-
-
8 273
total
-
-
-
42 837
Employee
64 218
-
119 628
-
health
932
-
1 898
-
income
11 566
-
26 172
-
pensions
5 451
-
10 483
-
total
17 949
-
38 553
-
Employer
64 218
-
119 628
-
pensions
6 952
-
14 599
-
health
1 220
-
2 273
-
total
8 172
-
16 872
-
Corporate
64 110
136 500
-
-
income

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

12 182
25 935
-
-
total
12 182
25 935
-
-
Dividends
51 929
110 565
-
-
withholding
3 894
16 697
-
-
total
3 894
16 697
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 197
42 632
55 425
42 837
After tax
94 303
93 868
81 075
93 663
Living cost
46 269
46 269
46 269
46 269
Free-cash
48 034
47 599
34 806
47 394

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13855
₽18779
₽35866
₽29236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 559
other

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

-
-
-
2 731
regional
-
-
-
5 804
health
-
-
-
308
national
-
-
-
1 521
total
-
-
-
24 361
Employee
89 259
-
122 176
-
city
958
-
1 313
-
regional
2 923
-
4 956
-
health
202
-
274
-
pensions
7 499
-
10 263
-
unemployment
-
-
-
-
national
422
-
1 205
-
total
12 004
-
18 011
-
Employer
89 259
-
122 176
-
other

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

1 785
-
2 443
-
unemployment
-
-
-
-
pensions
7 499
-
10 263
-
health
202
-
274
-
total
9 486
-
12 980
-
Corporate
36 775
136 500
-
-
regional
7 777
28 869
-
-
national
3 127
11 603
-
-
total
10 904
40 472
-
-
Dividends
25 871
96 028
-
-
withholding
9 054
33 610
-
-
total
9 054
33 610
-
-
Income
136 500
136 500
136 500
136 500
Total tax
41 448
74 082
30 991
24 361
After tax
95 052
62 418
105 509
112 139
Living cost
76 273
76 273
76 273
76 273
Free-cash
18 779
-13 855
29 236
35 866

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21280
₽37644
₽28327
₽43690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
trade
-
-
-
15 363
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.

-
-
-
37 618
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.

-
-
-
6 894
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.

-
-
-
2 068
total
-
-
-
61 943
Employee

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

60 649
-
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.

6 894
-
6 894
-
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.

393
-
2 068
-
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.

7 132
-
37 618
-
total
14 419
-
46 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 851
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.

626
1 126
-
-
income
11 378
20 474
-
-
trade
13 009
23 410
-
-
chamber of commerce
260
345
-
-
total
25 273
45 355
-
-
Dividends
50 577
91 145
-
-
surtax

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

674
1 231
-
-
withholding
12 260
22 403
-
-
total
12 934
23 634
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 626
68 989
46 580
61 943
After tax
83 874
67 511
89 920
74 557
Living cost
46 230
46 230
46 230
46 230
Free-cash
37 644
21 280
43 690
28 327

Estimated living cost  is ₽46230 per week

₽33765
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34270
₽40232
₽43063
₽45110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 032
pensions
-
-
-
28 273
other
-
-
-
4 232
health
-
-
-
4 483
surtax
-
-
-
-
social contributions
-
-
-
3 890
total
-
-
-
58 910
Employee
43 191
-
108 074
-
social contributions
1 231
-
3 079
-
surtax
-
-
-
-
income
2 549
-
18 850
-
pensions
4 883
-
6 507
-
total
8 663
-
28 436
-
Employer
43 191
-
108 074
-
other
1 490
-
3 787
-
social contributions
130
-
324
-
unemployment
1 748
-
4 378
-
pensions
7 095
-
11 133
-
health
3 024
-
8 805
-
total
13 487
-
28 427
-
Corporate
79 821
136 500
-
-
surtax
-
-
-
-
income
22 349
38 219
-
-
total
22 349
38 219
-
-
Dividends
57 472
98 281
-
-
surtax
-
-
-
-
social contributions
9 886
16 904
-
-
withholding
7 356
12 580
-
-
total
17 242
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
61 741
67 703
56 863
58 910
After tax
74 759
68 797
79 637
77 590
Living cost
34 527
34 527
34 527
34 527
Free-cash
40 232
34 270
45 110
43 063

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37691
₽43300
₽46484
₽48531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 032
pensions
-
-
-
28 273
other
-
-
-
4 232
health
-
-
-
4 483
surtax
-
-
-
-
social contributions
-
-
-
3 890
total
-
-
-
58 910
Employee
38 554
-
108 074
-
social contributions
1 099
-
3 079
-
surtax
-
-
-
-
income
1 988
-
18 850
-
pensions
4 361
-
6 507
-
total
7 448
-
28 436
-
Employer
38 554
-
108 074
-
other
1 331
-
3 787
-
social contributions
115
-
324
-
unemployment
1 561
-
4 378
-
pensions
6 335
-
11 133
-
health
2 698
-
8 805
-
total
12 040
-
28 427
-
Corporate
85 906
136 500
-
-
surtax
-
-
-
-
income
24 053
38 219
-
-
total
24 053
38 219
-
-
Dividends
61 852
98 281
-
-
surtax
-
-
-
-
social contributions
10 636
16 904
-
-
withholding
7 917
12 580
-
-
total
18 553
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 094
67 703
56 863
58 910
After tax
74 406
68 797
79 637
77 590
Living cost
31 106
31 106
31 106
31 106
Free-cash
43 300
37 691
48 531
46 484

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61878
₽62402
₽66262
₽64659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
20 474
health
-
-
-
9 528
social contributions
-
-
-
18 837
total
-
-
-
48 839
Employee
34 217
-
136 500
-
social contributions
4 723
-
18 837
-
health
2 388
-
9 528
-
income
5 707
-
22 077
-
total
12 818
-
50 442
-
Employer
34 217
-
136 500
-
total
-
-
-
-
Corporate
102 283
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%.

5 113
6 825
-
-
total
5 113
6 825
-
-
Dividends
97 170
129 675
-
-
health
6 783
9 051
-
-
social contributions
13 409
17 895
-
-
withholding
14 576
19 452
-
-
total
34 768
46 398
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 699
53 223
50 442
48 839
After tax
83 801
83 277
86 058
87 661
Living cost
21 399
21 399
21 399
21 399
Free-cash
62 402
61 878
64 659
66 262

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40361
₽38799
₽33461
₽1276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
chamber of commerce
-
-
-
546
income
-
-
-
29 716
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
67 480
Employee
50 434
40 217
105 841
-
other
504
402
1 059
-
health
1 951
1 557
4 096
-
income
5 741
2 966
24 337
-
pensions
5 165
4 117
10 837
-
unemployment
1 513
1 207
3 175
-
total
14 874
10 249
43 504
-
Employer
50 434
40 217
105 841
-
accident
655
523
1 375
-
other
2 396
1 909
5 027
-
chamber of commerce
201
161
423
-
unemployment
1 513
1 207
3 175
-
surtax
199
199
199
-
pensions
6 329
5 048
13 283
-
payroll
1 513
1 207
3 175
-
health
1 906
1 521
4 001
-
total
14 712
11 775
30 658
-
Corporate
71 355
84 509
102 011
-
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.

17 839
21 127
25 503
-
total
17 839
21 127
25 503
-
Dividends
53 516
63 382
-
-
withholding
14 717
17 429
-
-
total
14 717
17 429
-
-
Income
136 500
136 500
136 500
136 500
Total tax
62 142
60 580
99 665
67 480
After tax
74 358
75 920
36 835
69 020
Living cost
35 559
35 559
35 559
35 559
Free-cash
38 799
40 361
1 276
33 461

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39629
₽24495
₽23708
₽13565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
national
-
-
-
47 555
communal

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

-
-
-
6 898
social contributions
-
-
-
21 543
total
-
-
-
75 996
Employee

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

72 186
-
105 725
-
communal

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

3 765
-
5 514
-
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.

3 392
-
4 970
-
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.

5 414
-
7 928
-
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.

628
-
919
-
national
22 193
-
36 032
-
total
35 392
-
55 363
-
Employer

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

72 186
-
105 725
-
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.

938
-
1 375
-
unemployment

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

1 053
-
1 544
-
surtax
8 185
-
11 988
-
pensions

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

6 396
-
9 367
-
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.

4 439
-
6 502
-
total
21 011
-
30 776
-
Corporate
43 301
136 500
-
-
surtax
172
546
-
-
income
8 660
27 300
-
-
total
8 832
27 846
-
-
Dividends
34 469
108 655
-
-
withholding

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

9 974
32 229
-
-
total
9 974
32 229
-
-
Income
136 500
136 500
136 500
136 500
Total tax
75 209
60 075
86 139
75 996
After tax
61 291
76 425
50 361
60 504
Living cost
36 796
36 796
36 796
36 796
Free-cash
24 495
39 629
13 565
23 708

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55039
₽47406
₽40102
₽35253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
843
income
-
-
-
31 891
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 953
Employee
50 234
-
106 680
-
other
50
-
94
-
income
10 599
-
29 041
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
34 982
-
Employer
50 234
-
106 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
70 254
136 500
-
-
income

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

10 539
20 474
-
-
total
10 539
20 474
-
-
Dividends
59 715
116 026
-
-
withholding
12 310
24 542
-
-
total
12 310
24 542
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 649
45 016
64 802
59 953
After tax
83 851
91 484
71 698
76 547
Living cost
36 445
36 445
36 445
36 445
Free-cash
47 406
55 039
35 253
40 102

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27060
₽16518
₽17264
₽22706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
1 151
income
-
-
-
17 798
pensions
-
-
-
20 459
health
-
-
-
9 591
surtax
-
-
-
6 768
communal
-
-
-
8 627
total
-
-
-
64 394
Employee
76 423
-
121 930
-
health
3 401
-
5 425
-
surtax
4 684
-
7 473
-
income
7 382
-
21 730
-
pensions
6 113
-
9 754
-
total
21 580
-
44 382
-
Employer
76 423
-
121 930
-
accident
688
-
1 097
-
pensions
6 113
-
9 754
-
health
2 331
-
3 719
-
total
9 132
-
14 570
-
Corporate
50 945
136 500
-
-
surtax
534
1 432
-
-
communal
3 439
9 213
-
-
income
7 641
20 474
-
-
total
11 614
31 119
-
-
Dividends
39 330
105 380
-
-
income
16 914
7 672
-
-
withholding
5 900
15 807
-
-
total
22 814
23 479
-
-
Income
136 500
136 500
136 500
136 500
Total tax
65 140
54 598
58 952
64 394
After tax
71 360
81 902
77 548
72 106
Living cost
54 842
54 842
54 842
54 842
Free-cash
16 518
27 060
22 706
17 264

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63191
₽59983
₽42101
₽39605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
30 726
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 276
total
-
-
-
71 732
Employee
33 985
-
112 762
-
other
-
-
-
-
health
868
-
2 876
-
surtax
121
-
3 884
-
income
5 697
-
28 361
-
pensions
2 267
-
7 521
-
unemployment
2 365
-
7 848
-
total
11 318
-
50 490
-
Employer
33 985
-
112 762
-
other
-
-
-
-
unemployment
1 078
-
3 575
-
pensions
4 531
-
15 032
-
health
1 545
-
5 131
-
total
7 154
-
23 738
-
Corporate
95 360
136 500
-
-
income
24 793
35 490
-
-
total
24 793
35 490
-
-
Dividends
70 567
101 010
-
-
withholding
10 585
15 152
-
-
total
10 585
15 152
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 850
50 642
74 228
71 732
After tax
82 650
85 858
62 272
64 768
Living cost
22 667
22 667
22 667
22 667
Free-cash
59 983
63 191
39 605
42 101

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44565
₽42319
₽39856
₽33395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
812
regional
-
-
-
2 058
national
-
-
-
31 482
social contributions
-
-
-
35 107
total
-
-
-
69 459
Employee
55 980
-
136 500
-
social contributions
18 877
-
46 027
-
regional
754
-
1 837
-
municipal
297
-
724
-
national
8 869
-
27 332
-
total
28 797
-
75 920
-
Employer
55 980
-
136 500
-
total
-
-
-
-
Corporate
80 520
136 500
-
-
nationa
19 325
32 759
-
-
municipal
4 003
6 783
-
-
total
23 328
39 542
-
-
Dividends
57 192
96 957
-
-
withholding
14 871
25 208
-
-
total
14 871
25 208
-
-
Income
136 500
136 500
136 500
136 500
Total tax
66 996
64 750
75 920
69 459
After tax
69 504
71 750
60 580
67 041
Living cost
27 185
27 185
27 185
27 185
Free-cash
42 319
44 565
33 395
39 856

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64197
₽53571
₽41016
₽39486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
12 494
health
-
-
-
18 428
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
65 701
Employee
43 799
-
101 866
-
social contributions
2 847
-
6 621
-
health
5 913
-
13 752
-
solidarity contribution
-
-
-
-
income
5 256
-
12 224
-
total
14 016
-
32 597
-
Employer
43 799
-
101 866
-
social contributions
10 950
-
25 466
-
health
3 942
-
9 168
-
total
14 892
-
34 634
-
Corporate
77 809
136 500
-
-
income
14 784
25 935
-
-
total
14 784
25 935
-
-
Dividends
63 025
110 565
-
-
withholding
9 454
16 585
-
-
total
9 454
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
53 146
42 520
67 231
65 701
After tax
83 354
93 980
69 269
70 799
Living cost
29 783
29 783
29 783
29 783
Free-cash
53 571
64 197
39 486
41 016

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43831
₽43332
₽37023
₽4678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
chamber of commerce
-
-
-
546
income
-
-
-
29 716
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
67 281
Employee
44 114
40 217
105 993
-
other
440
402
1 059
-
health
1 706
1 557
4 102
-
income
3 930
2 966
24 391
-
pensions
4 518
4 117
10 853
-
unemployment
1 323
1 207
3 179
-
total
11 917
10 249
43 584
-
Employer
44 114
40 217
105 993
-
accident
573
523
1 377
-
other
2 095
1 909
5 033
-
chamber of commerce
176
161
423
-
unemployment
1 323
1 207
3 179
-
surtax
-
-
-
-
pensions
5 537
5 048
13 302
-
payroll
1 323
1 207
3 179
-
health
1 668
1 521
4 006
-
total
12 695
11 576
30 499
-
Corporate
79 691
84 708
102 170
-
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.

19 923
21 177
25 543
-
total
19 923
21 177
25 543
-
Dividends
59 769
63 531
-
-
withholding
16 437
17 471
-
-
total
16 437
17 471
-
-
Income
136 500
136 500
136 500
136 500
Total tax
60 972
60 473
99 626
67 281
After tax
75 528
76 027
36 874
69 219
Living cost
32 196
32 196
32 196
32 196
Free-cash
43 332
43 831
4 678
37 023

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115526
₽112873
₽120986
₽95051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
136 500
-
income
3 537
-
27 300
-
total
3 537
-
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%.

118 814
136 500
-
-
total
-
-
-
-
Dividends
118 814
136 500
-
-
withholding
5 941
6 825
-
-
total
5 941
6 825
-
-
Income
136 500
136 500
136 500
136 500
Total tax
9 478
6 825
27 300
1 365
After tax
127 022
129 675
109 200
135 135
Living cost
14 149
14 149
14 149
14 149
Free-cash
112 873
115 526
95 051
120 986

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66913
₽58471
₽41692
₽38078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
136 500
income
-
-
-
29 174
pensions
-
-
-
24 929
unemployment
-
-
-
205
health
-
-
-
13 432
total
-
-
-
67 740
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.

44 626
-
118 109
-
health
2 882
-
7 630
-
income
7 696
-
26 862
-
pensions
6 917
-
18 306
-
unemployment
63
-
165
-
total
17 558
-
52 963
-
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.

44 626
-
118 109
-
unemployment
27
-
71
-
pensions
3 949
-
10 453
-
health
2 972
-
7 867
-
total
6 948
-
18 391
-
Corporate
84 926
136 500
-
-
income
16 137
25 934
-
-
total
16 137
25 934
-
-
Dividends
68 790
110 566
-
-
withholding
10 318
16 585
-
-
total
10 318
16 585
-
-
Income
136 500
136 500
136 500
136 500
Total tax
50 961
42 519
71 354
67 740
After tax
85 539
93 981
65 146
68 760
Living cost
27 068
27 068
27 068
27 068
Free-cash
58 471
66 913
38 078
41 692

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39467
-₽14094
₽50753
₽79633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
26 606
social contributions
-
-
-
15 561
total
-
-
-
42 167
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
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
107 014
53 453
13 287
42 167
After tax
29 486
83 047
123 213
94 333
Living cost
43 580
43 580
43 580
43 580
Free-cash
-14 094
39 467
79 633
50 753

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45988
₽44970
₽42845
₽33748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income
-
-
-
14 568
surtax
-
-
-
-
social contributions

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

-
-
-
47 433
total
-
-
-
62 001
Employee
46 414
-
110 304
-
social contributions
5 106
-
12 134
-
surtax
-
-
-
-
income
9 654
-
32 768
-
total
14 760
-
44 902
-
Employer
46 414
-
110 304
-
social contributions
11 023
-
26 196
-
total
11 023
-
26 196
-
Corporate
79 063
136 500
-
-
surtax
-
-
-
-
income
16 604
28 665
-
-
total
16 604
28 665
-
-
Dividends
62 459
107 835
-
-
withholding
17 489
30 193
-
-
total
17 489
30 193
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 876
58 858
71 098
62 001
After tax
76 624
77 642
65 402
74 499
Living cost
31 654
31 654
31 654
31 654
Free-cash
44 970
45 988
33 748
42 845

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20056
₽26992
₽28848
₽30895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 032
pensions
-
-
-
28 273
other
-
-
-
4 232
health
-
-
-
4 483
surtax
-
-
-
-
social contributions
-
-
-
3 890
total
-
-
-
58 910
Employee
63 206
-
108 074
-
social contributions
1 800
-
3 079
-
surtax
-
-
-
-
income
5 515
-
18 850
-
pensions
7 149
-
6 507
-
total
14 464
-
28 436
-
Employer
63 206
-
108 074
-
other
2 181
-
3 787
-
social contributions
190
-
324
-
unemployment
2 560
-
4 378
-
pensions
10 386
-
11 133
-
health
4 424
-
8 805
-
total
19 741
-
28 427
-
Corporate
53 553
136 500
-
-
surtax
-
-
-
-
income
14 995
38 219
-
-
total
14 995
38 219
-
-
Dividends
38 558
98 281
-
-
surtax
-
-
-
-
social contributions
6 632
16 904
-
-
withholding
4 935
12 580
-
-
total
11 567
29 484
-
-
Income
136 500
136 500
136 500
136 500
Total tax
60 767
67 703
56 863
58 910
After tax
75 733
68 797
79 637
77 590
Living cost
48 742
48 742
48 742
48 742
Free-cash
26 992
20 056
30 895
28 848

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92514
₽89124
₽71615
₽75244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 520
social contributions
-
-
-
30 030
total
-
-
-
34 550
Employee
32 444
-
118 182
-
income
-
-
4 922
-
social contributions
2 109
-
7 681
-
total
2 109
-
12 603
-
Employer
32 444
-
118 182
-
social contributions
5 029
-
18 318
-
total
5 029
-
18 318
-
Corporate
99 027
136 500
-
-
income
9 903
13 651
-
-
total
9 903
13 651
-
-
Dividends
89 124
122 849
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
17 041
13 651
30 921
34 550
After tax
119 459
122 849
105 579
101 950
Living cost
30 335
30 335
30 335
30 335
Free-cash
89 124
92 514
75 244
71 615

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽83471
-₽83471
₽34270
-₽83471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 206
pensions
-
-
-
875
national
-
-
-
14 676
labour market
-
-
-
10 850
total
-
-
-
53 607
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
136 500
136 500
136 500
136 500
Total tax
171 348
171 348
171 348
53 607
After tax
-34 848
-34 848
-34 848
82 893
Living cost
48 623
48 623
48 623
48 623
Free-cash
-83 471
-83 471
-83 471
34 270

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10686
₽7722
₽71713
₽50988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
253
income
-
-
-
36 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
43 044
Employee
34 203
-
120 484
-
health
3 917
-
13 796
-
income
4 692
-
26 304
-
pensions
3 852
-
7 653
-
total
12 461
-
47 753
-
Employer
34 203
-
120 484
-
accident
571
-
2 012
-
unemployment
838
-
2 952
-
pensions
5 561
-
11 052
-
total
6 970
-
16 016
-
Corporate
95 326
136 500
-
-
income

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

85 793
122 850
-
-
total
85 793
122 850
-
-
Dividends
9 533
13 650
-
-
withholding
1 811
2 593
-
-
total
1 811
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
107 035
125 443
63 769
43 044
After tax
29 465
11 057
72 731
93 456
Living cost
21 743
21 743
21 743
21 743
Free-cash
7 722
-10 686
50 988
71 713

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49296
₽50163
₽54199
₽35484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 268
health
-
-
-
1 681
national
-
-
-
17 607
total
-
-
-
43 556
Employee
53 094
-
114 831
-
health
396
-
1 346
-
municipal
8 696
-
18 722
-
pensions
3 583
-
7 750
-
unemployment
797
-
1 722
-
national
877
-
11 061
-
total
14 349
-
40 601
-
Employer
53 094
-
114 831
-
accident
54
-
115
-
unemployment
345
-
747
-
pensions
9 212
-
19 923
-
health
408
-
885
-
total
10 019
-
21 670
-
Corporate
73 388
136 500
-
-
income
14 677
27 300
-
-
total
14 677
27 300
-
-
Dividends

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

44 033
81 900
-
-
national
620
6 417
-
-
municipal
7 927
14 742
-
-
total
8 547
21 159
-
-
Income
136 500
136 500
136 500
136 500
Total tax
47 592
48 459
62 271
43 556
After tax
88 908
88 041
74 229
92 944
Living cost
38 745
38 745
38 745
38 745
Free-cash
50 163
49 296
35 484
54 199

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76351
₽70856
₽71999
₽70676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
21 326
health
-
-
-
3 482
social contributions
-
-
-
16 328
total
-
-
-
41 136
Employee
77 600
77 600
125 492
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 133
-
income
8 449
7 183
20 631
-
total
11 984
14 942
31 451
-
Employer
77 600
77 600
125 492
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 321
-
total
3 587
7 876
11 008
-
Corporate
97 563
51 023
-
-
income
12 195
6 377
-
-
total
12 195
6 377
-
-
Dividends
85 368
44 646
-
-
withholding
14 513
7 589
-
-
total
14 513
7 589
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 279
36 784
42 459
41 136
After tax
94 221
99 716
94 041
95 364
Living cost
23 365
23 365
23 365
23 365
Free-cash
70 856
76 351
70 676
71 999

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97012
₽91878
₽96830
₽76588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
136 500
income
-
-
-
13 547
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
23 647
Employee

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

23 164
-
126 637
-
health
1 969
-
8 139
-
income
1 584
-
11 046
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
34 027
-
Employer

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

23 164
-
126 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
110 952
136 500
-
-
income
9 985
12 285
-
-
total
9 985
12 285
-
-
Dividends
100 967
124 215
-
-
withholding
9 087
11 180
-
-
total
9 087
11 180
-
-
Income
136 500
136 500
136 500
136 500
Total tax
28 599
23 465
43 889
23 647
After tax
107 901
113 035
92 611
112 853
Living cost
16 023
16 023
16 023
16 023
Free-cash
91 878
97 012
76 588
96 830

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63733
₽58846
₽48796
₽43947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
843
income
-
-
-
31 891
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 953
Employee
37 315
-
106 680
-
other
36
-
94
-
income
7 194
-
29 041
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
34 982
-
Employer
37 315
-
106 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
87 289
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.

13 093
20 474
-
-
total
13 093
20 474
-
-
Dividends
74 195
116 026
-
-
withholding
15 351
24 542
-
-
total
15 351
24 542
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 903
45 016
64 802
59 953
After tax
86 597
91 484
71 698
76 547
Living cost
27 751
27 751
27 751
27 751
Free-cash
58 846
63 733
43 947
48 796

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82420
₽81966
₽84351
₽84153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 926
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
49 393
Employee
4 198
-
134 238
-
health
210
-
503
-
income
812
-
45 820
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
47 329
-
Employer
4 198
-
134 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
131 358
136 500
-
-
income
28 899
30 030
-
-
total
28 899
30 030
-
-
Dividends
102 459
106 470
-
-
withholding
20 492
21 294
-
-
total
20 492
21 294
-
-
Income
136 500
136 500
136 500
136 500
Total tax
51 778
51 324
49 591
49 393
After tax
84 722
85 176
86 909
87 107
Living cost
2 756
2 756
2 756
2 756
Free-cash
81 966
82 420
84 153
84 351

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81168
₽76204
₽60945
₽60946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
136 500
income
-
-
-
29 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
58 102
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.

26 319
-
123 149
-
health
1 355
-
3 841
-
income
3 628
-
29 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
44 751
-
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.

26 319
-
123 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
105 470
136 500
-
-
income
15 821
20 475
-
-
total
15 821
20 475
-
-
Dividends
89 650
116 025
-
-
withholding
13 447
17 404
-
-
total
13 447
17 404
-
-
Income
136 500
136 500
136 500
136 500
Total tax
42 843
37 879
58 101
58 102
After tax
93 657
98 621
78 399
78 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
76 204
81 168
60 946
60 945

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50436
₽50071
₽47293
₽38196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
income
-
-
-
14 568
surtax
-
-
-
-
social contributions

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

-
-
-
47 433
total
-
-
-
62 001
Employee
39 168
-
110 304
-
social contributions
4 309
-
12 134
-
surtax
-
-
-
-
income
7 653
-
32 768
-
total
11 962
-
44 902
-
Employer
39 168
-
110 304
-
social contributions
9 302
-
26 196
-
total
9 302
-
26 196
-
Corporate
88 030
136 500
-
-
surtax
-
-
-
-
income
18 486
28 665
-
-
total
18 486
28 665
-
-
Dividends
69 544
107 835
-
-
withholding
19 473
30 193
-
-
total
19 473
30 193
-
-
Income
136 500
136 500
136 500
136 500
Total tax
59 223
58 858
71 098
62 001
After tax
77 277
77 642
65 402
74 499
Living cost
27 206
27 206
27 206
27 206
Free-cash
50 071
50 436
38 196
47 293

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56017
₽48724
₽41080
₽36231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
843
income
-
-
-
31 891
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
59 953
Employee
48 738
-
106 680
-
other
48
-
94
-
income
10 180
-
29 041
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
34 982
-
Employer
48 738
-
106 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
72 223
136 500
-
-
income

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

10 834
20 474
-
-
total
10 834
20 474
-
-
Dividends
61 389
116 026
-
-
withholding
12 663
24 542
-
-
total
12 663
24 542
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 309
45 016
64 802
59 953
After tax
84 191
91 484
71 698
76 547
Living cost
35 467
35 467
35 467
35 467
Free-cash
48 724
56 017
36 231
41 080

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99337
₽93183
₽89238
₽94144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
20 475
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
29 892
Employee
23 001
-
129 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
12 958
-
pensions

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

2 019
-
3 097
-
total
5 630
-
18 065
-
Employer
23 001
-
129 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
108 986
136 500
-
-
income
10 899
13 650
-
-
total
10 899
13 650
-
-
Dividends
98 087
122 850
-
-
withholding
4 905
6 142
-
-
total
4 905
6 142
-
-
Income
136 500
136 500
136 500
136 500
Total tax
25 947
19 792
24 986
29 892
After tax
110 553
116 708
111 514
106 608
Living cost
17 370
17 370
17 370
17 370
Free-cash
93 183
99 337
94 144
89 238

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31356
₽44557
₽38105
₽50959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
136 500
trade
-
-
-
12 854
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.

-
-
-
37 618
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.

-
-
-
6 894
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.

-
-
-
2 068
total
-
-
-
59 434
Employee

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

50 212
-
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.

6 894
-
6 894
-
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.

228
-
2 068
-
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.

4 129
-
37 618
-
total
11 251
-
46 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 288
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.

712
1 126
-
-
income
12 944
20 474
-
-
trade
12 383
19 588
-
-
chamber of commerce
280
354
-
-
total
26 319
41 542
-
-
Dividends
59 969
94 958
-
-
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.

804
1 285
-
-
withholding
14 608
23 356
-
-
total
15 412
24 641
-
-
Income
136 500
136 500
136 500
136 500
Total tax
52 982
66 183
46 580
59 434
After tax
83 518
70 317
89 920
77 066
Living cost
38 961
38 961
38 961
38 961
Free-cash
44 557
31 356
50 959
38 105

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38063
₽40291
₽19277
₽19277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 919
social contributions
-
-
-
21 817
total
-
-
-
59 736
Employee
78 939
-
136 500
-
income
14 896
-
37 919
-
social contributions
6 558
-
21 817
-
total
21 454
-
59 736
-
Employer
78 939
-
136 500
-
total
-
-
-
-
Corporate
57 561
136 500
-
-
income
7 195
17 063
-
-
total
7 195
17 063
-
-
Dividends
50 366
119 437
-
-
withholding
10 073
23 887
-
-
total
10 073
23 887
-
-
Income
136 500
136 500
136 500
136 500
Total tax
38 722
40 950
59 736
59 736
After tax
97 778
95 550
76 764
76 764
Living cost
57 487
57 487
57 487
57 487
Free-cash
40 291
38 063
19 277
19 277

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46759
₽50288
₽64400
₽62939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
136 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
131 858
-
income
5 023
-
27 644
-
social contributions
4 638
-
4 642
-
total
9 661
-
32 286
-
Employer
46 295
-
131 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
85 567
136 500
-
-
income
29 948
47 776
-
-
total
29 948
47 776
-
-
Dividends
55 619
88 724
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
136 500
136 500
136 500
136 500
Total tax
49 579
53 108
36 928
35 467
After tax
86 921
83 392
99 572
101 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
50 288
46 759
62 939
64 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56253
₽58943
₽56048
₽43460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
income
-
-
-
34 564
pensions
-
-
-
8 273
total
-
-
-
42 837
Employee
51 632
-
119 628
-
health
674
-
1 898
-
income
9 403
-
26 172
-
pensions
3 941
-
10 483
-
total
14 018
-
38 553
-
Employer
51 632
-
119 628
-
pensions
5 217
-
14 599
-
health
981
-
2 273
-
total
6 198
-
16 872
-
Corporate
78 670
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.

14 947
25 935
-
-
total
14 947
25 935
-
-
Dividends
63 723
110 565
-
-
withholding
4 779
16 697
-
-
total
4 779
16 697
-
-
Income
136 500
136 500
136 500
136 500
Total tax
39 942
42 632
55 425
42 837
After tax
96 558
93 868
81 075
93 663
Living cost
37 615
37 615
37 615
37 615
Free-cash
58 943
56 253
43 460
56 048

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽12839
₽7389
₽69560
₽48835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
accident
-
-
-
253
income
-
-
-
36 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
43 044
Employee
37 589
-
120 484
-
health
4 304
-
13 796
-
income
5 157
-
26 304
-
pensions
4 233
-
7 653
-
total
13 694
-
47 753
-
Employer
37 589
-
120 484
-
accident
628
-
2 012
-
unemployment
921
-
2 952
-
pensions
6 112
-
11 052
-
total
7 661
-
16 016
-
Corporate
91 251
136 500
-
-
income

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

82 126
122 850
-
-
total
82 126
122 850
-
-
Dividends
9 125
13 650
-
-
withholding
1 734
2 593
-
-
total
1 734
2 593
-
-
Income
136 500
136 500
136 500
136 500
Total tax
105 215
125 443
63 769
43 044
After tax
31 285
11 057
72 731
93 456
Living cost
23 896
23 896
23 896
23 896
Free-cash
7 389
-12 839
48 835
69 560

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽101234
₽96512
₽63451
₽78798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
682
health insurance
-
-
-
10 101
income
-
-
-
21 881
pensions
-
-
-
25 116
unemployment
-
-
-
1 638
total
-
-
-
59 418
Employee

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

21 810
-
136 500
-
work injury
109
-
403
-
income
2 181
-
21 881
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
44 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 690
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%.

1 147
1 365
-
-
total
1 147
1 365
-
-
Dividends
113 543
135 135
-
-
withholding
17 031
20 270
-
-
total
17 031
20 270
-
-
Income
136 500
136 500
136 500
136 500
Total tax
26 357
21 635
44 071
59 418
After tax
110 143
114 865
92 429
77 082
Living cost
13 631
13 631
13 631
13 631
Free-cash
96 512
101 234
78 798
63 451

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽31696
₽27106
₽25743
₽19500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
136 500
municipal
-
-
-
912
regional
-
-
-
3 053
national
-
-
-
31 482
social contributions
-
-
-
35 107
total
-
-
-
70 554
Employee
85 039
-
136 500
-
social contributions
28 675
-
46 027
-
regional
1 284
-
2 624
-
municipal
507
-
814
-
national
14 371
-
27 332
-
total
44 837
-
76 797
-
Employer
85 039
-
136 500
-
total
-
-
-
-
Corporate
51 461
136 500
-
-
nationa
12 350
32 759
-
-
municipal
2 480
6 580
-
-
total
14 830
39 339
-
-
Dividends
36 631
97 160
-
-
withholding
9 524
25 262
-
-
total
9 524
25 262
-
-
Income
136 500
136 500
136 500
136 500
Total tax
69 191
64 601
76 797
70 554
After tax
67 309
71 899
59 703
65 946
Living cost
40 203
40 203
40 203
40 203
Free-cash
27 106
31 696
19 500
25 743

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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