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
₽ 137500
per

Your estimated
City
free-cash

Dresden , Germany
₽38952
₽59965
₽45673
₽50075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income

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

-
-
-
38 105
surtax

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

-
-
-
2 096
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.

-
-
-
6 871
trade
-
-
-
14 292
total
-
-
-
61 364
Employee

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

38 468
-
137 500
-
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.

59
-
2 096
-
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.

1 075
-
38 105
-
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.

6 871
-
6 871
-
total
8 005
-
47 072
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 032
137 500
-
-
income
14 855
20 624
-
-
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.

817
1 134
-
-
chamber of commerce
296
351
-
-
trade
15 597
21 657
-
-
total
31 565
43 766
-
-
Dividends
67 468
93 734
-
-
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.

907
1 267
-
-
withholding
16 485
23 052
-
-
total
17 392
24 319
-
-
Income
137 500
137 500
137 500
137 500
Total tax
56 962
68 085
47 072
61 364
After tax
80 538
69 415
90 428
76 136
Living cost
30 463
30 463
30 463
30 463
Free-cash
50 075
38 952
59 965
45 673

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽32389
₽29653
₽28575
₽31500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
1 478
municipal
-
-
-
14 722
national
-
-
-
22 814
pensions
-
-
-
16 500
total
-
-
-
55 514
Employee
82 797
-
118 868
-
municipal
10 227
-
15 255
-
pensions
3 312
-
4 755
-
national
15 847
-
23 639
-
total
29 386
-
43 649
-
Employer
82 797
-
118 868
-
pensions
6 624
-
9 509
-
social contributions
890
-
1 278
-
total
7 514
-
10 787
-
Corporate
41 725
137 500
-
-
income

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

8 345
27 500
-
-
total
8 345
27 500
-
-
Dividends
33 380
110 000
-
-
withholding
7 344
24 200
-
-
total
7 344
24 200
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 589
51 700
54 436
55 514
After tax
84 911
85 800
83 064
81 986
Living cost
53 411
53 411
53 411
53 411
Free-cash
31 500
32 389
29 653
28 575

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89075
₽56158
₽21362
₽80827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income
-
-
-
21 616
surtax
-
-
-
35 063
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
95 214
Employee
29 388
-
110 806
-
surtax
-
-
-
-
social contributions

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

3 233
-
12 188
-
income
5 231
-
21 536
-
total
8 464
-
33 724
-
Employer
29 388
-
110 806
-
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.

7 079
-
26 694
-
surtax
-
-
-
-
total
7 079
-
26 694
-
Corporate
101 033
137 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

20 206
27 501
-
-
total
20 206
27 501
-
-
Dividends

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

80 826
109 999
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
35 749
27 501
60 418
95 214
After tax
101 751
109 999
77 082
42 286
Living cost
20 924
20 924
20 924
20 924
Free-cash
80 827
89 075
56 158
21 362

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25351
₽38433
₽36538
₽19189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
34 644
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
58 830
Employee
85 887
85 887
118 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
12 402
-
total
42 701
37 055
38 244
-
Employer
85 887
85 887
118 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
37 627
36 573
-
-
income
7 526
7 316
-
-
total
7 526
7 316
-
-
Dividends
30 101
29 258
-
-
income
6 396
6 218
-
-
withholding
4 516
4 388
-
-
total
10 912
10 606
-
-
Income
137 500
137 500
137 500
137 500
Total tax
76 179
70 017
56 935
58 830
After tax
61 321
67 483
80 565
78 670
Living cost
42 132
42 132
42 132
42 132
Free-cash
19 189
25 351
38 433
36 538

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33869
₽30607
₽31717
₽32944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
33 201
national
-
-
-
5 214
pensions
-
-
-
9 762
total
-
-
-
64 577
Employee
58 715
-
109 125
-
municipal
17 509
-
32 541
-
national
-
-
4 771
-
total
17 509
-
37 312
-
Employer
58 715
-
109 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
60 337
137 500
-
-
income
13 274
30 250
-
-
total
13 274
30 250
-
-
Dividends
47 063
107 250
-
-
withholding
14 119
32 175
-
-
total
14 119
32 175
-
-
Income
137 500
137 500
137 500
137 500
Total tax
63 350
62 425
65 687
64 577
After tax
74 150
75 075
71 813
72 923
Living cost
41 206
41 206
41 206
41 206
Free-cash
32 944
33 869
30 607
31 717

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29200
₽50918
₽35991
₽43329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income

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

-
-
-
38 105
surtax

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

-
-
-
2 096
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.

-
-
-
6 871
trade
-
-
-
14 927
total
-
-
-
61 999
Employee

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

51 004
-
137 500
-
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.

240
-
2 096
-
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.

4 382
-
38 105
-
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.

6 871
-
6 871
-
total
11 493
-
47 072
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 496
137 500
-
-
income
12 975
20 624
-
-
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.

714
1 134
-
-
chamber of commerce
275
347
-
-
trade
14 229
22 619
-
-
total
28 193
44 724
-
-
Dividends
58 305
92 776
-
-
surtax

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

781
1 254
-
-
withholding
14 194
22 812
-
-
total
14 975
24 066
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 661
68 790
47 072
61 999
After tax
82 839
68 710
90 428
75 501
Living cost
39 510
39 510
39 510
39 510
Free-cash
43 329
29 200
50 918
35 991

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
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.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67816
₽62030
₽63346
₽63646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
21 754
social contributions
-
-
-
16 273
health
-
-
-
3 506
total
-
-
-
41 533
Employee
77 337
77 337
126 503
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
21 044
-
health
769
1 315
2 151
-
total
12 648
14 893
31 852
-
Employer
77 337
77 337
126 503
-
health
838
1 431
2 340
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
10 997
-
Corporate
87 634
52 313
-
-
income
10 953
6 539
-
-
total
10 953
6 539
-
-
Dividends
76 681
45 774
-
-
withholding
13 036
7 781
-
-
total
13 036
7 781
-
-
Income
137 500
137 500
137 500
137 500
Total tax
41 233
37 063
42 849
41 533
After tax
96 267
100 437
94 651
95 967
Living cost
32 621
32 621
32 621
32 621
Free-cash
63 646
67 816
62 030
63 346

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58872
₽61256
₽76799
₽59256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
16 809
unemployment
-
-
-
2 062
health
-
-
-
9 625
pensions
-
-
-
13 750
total
-
-
-
42 246
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.

26 641
10 603
115 063
-
unemployment
400
159
1 726
-
pensions
2 664
1 060
11 506
-
income
3 257
1 296
14 066
-
health
1 865
742
8 054
-
total
8 186
3 257
35 352
-
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.

26 641
10 603
115 063
-
pensions
5 195
2 068
22 437
-
total
5 195
2 068
22 437
-
Corporate
105 664
124 830
-
-
income
9 510
11 235
-
-
total
9 510
11 235
-
-
Dividends
96 155
113 595
-
-
social contributions
18 629
22 030
-
-
withholding
18 269
21 583
-
-
total
36 898
43 613
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 789
60 173
57 789
42 246
After tax
77 711
77 327
79 711
95 254
Living cost
18 455
18 455
18 455
18 455
Free-cash
59 256
58 872
61 256
76 799

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85707
₽54959
₽49405
₽79460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
18 426
health
-
-
-
17 876
pensions
-
-
-
27 501
total
-
-
-
63 803
Employee
28 531
-
102 764
-
unemployment
456
-
1 643
-
pensions
571
-
2 056
-
income
3 212
-
19 813
-
total
4 239
-
23 512
-
Employer
28 531
-
102 764
-
health
3 708
-
13 360
-
pensions
5 707
-
20 554
-
unemployment
229
-
823
-
total
9 644
-
34 737
-
Corporate
99 324
137 500
-
-
income
19 865
27 501
-
-
total
19 865
27 501
-
-
Dividends
79 460
109 999
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
33 748
27 501
58 249
63 803
After tax
103 752
109 999
79 251
73 697
Living cost
24 292
24 292
24 292
24 292
Free-cash
79 460
85 707
54 959
49 405

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11263
₽50817
₽71747
₽7702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
257
income
-
-
-
36 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
43 353
Employee
35 237
-
121 285
-
pensions
3 968
-
7 768
-
income
4 834
-
26 413
-
health
4 035
-
13 887
-
total
12 837
-
48 068
-
Employer
35 237
-
121 285
-
pensions
5 730
-
11 218
-
accident
588
-
2 025
-
unemployment
863
-
2 972
-
total
7 181
-
16 215
-
Corporate
95 082
137 500
-
-
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.

85 574
123 750
-
-
total
85 574
123 750
-
-
Dividends
9 508
13 750
-
-
withholding
1 806
2 613
-
-
total
1 806
2 613
-
-
Income
137 500
137 500
137 500
137 500
Total tax
107 398
126 363
64 283
43 353
After tax
30 102
11 137
73 217
94 147
Living cost
22 400
22 400
22 400
22 400
Free-cash
7 702
-11 263
50 817
71 747

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122485
₽101860
₽127985
₽120959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
137 500
microenterprise

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

-
-
-
1 375
total
-
-
-
1 375
Employee
10 174
-
137 500
-
income
2 035
-
27 500
-
total
2 035
-
27 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

127 326
137 500
-
-
total
-
-
-
-
Dividends
127 326
137 500
-
-
withholding
6 366
6 875
-
-
total
6 366
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
8 401
6 875
27 500
1 375
After tax
129 099
130 625
110 000
136 125
Living cost
8 140
8 140
8 140
8 140
Free-cash
120 959
122 485
101 860
127 985

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74222
₽52083
₽46395
₽67428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
18 723
other
-
-
-
6 531
health
-
-
-
6 050
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.

-
-
-
33 002
total
-
-
-
64 306
Employee
36 518
-
109 825
-
unemployment
365
-
1 097
-
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.

2 556
-
7 688
-
income
6 287
-
20 621
-
health
512
-
1 538
-
total
9 720
-
30 944
-
Employer
36 518
-
109 825
-
health
512
-
1 538
-
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.

6 209
-
18 670
-
accident
292
-
878
-
unemployment
365
-
1 097
-
other
1 827
-
5 491
-
total
9 205
-
27 674
-
Corporate
91 779
137 500
-
-
income
19 273
28 875
-
-
total
19 273
28 875
-
-
Dividends
72 506
108 625
-
-
withholding
5 075
7 604
-
-
total
5 075
7 604
-
-
Income
137 500
137 500
137 500
137 500
Total tax
43 273
36 479
58 618
64 306
After tax
94 227
101 021
78 882
73 194
Living cost
26 799
26 799
26 799
26 799
Free-cash
67 428
74 222
52 083
46 395

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽27309
₽14559
₽27221
₽22430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
35 198
pensions
-
-
-
8 222
total
-
-
-
43 420
Employee
94 595
-
120 470
-
pensions
9 126
-
10 397
-
income
17 052
-
26 759
-
health
1 559
-
1 896
-
total
27 737
-
39 052
-
Employer
94 595
-
120 470
-
health
1 797
-
2 290
-
pensions
11 169
-
14 740
-
total
12 966
-
17 030
-
Corporate
29 939
137 500
-
-
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.

5 689
26 125
-
-
total
5 689
26 125
-
-
Dividends
24 250
111 375
-
-
withholding
1 819
17 207
-
-
total
1 819
17 207
-
-
Income
137 500
137 500
137 500
137 500
Total tax
48 211
43 332
56 082
43 420
After tax
89 289
94 168
81 418
94 080
Living cost
66 859
66 859
66 859
66 859
Free-cash
22 430
27 309
14 559
27 221

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽104357
₽99239
₽94277
₽99677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
20 625
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
30 018
Employee
17 485
-
130 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
13 060
-
health
804
-
1 618
-
total
4 280
-
18 154
-
Employer
17 485
-
130 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
116 584
137 500
-
-
income
11 659
13 750
-
-
total
11 659
13 750
-
-
Dividends
104 925
123 750
-
-
withholding
5 247
6 188
-
-
total
5 247
6 188
-
-
Income
137 500
137 500
137 500
137 500
Total tax
24 618
19 938
25 056
30 018
After tax
112 882
117 562
112 444
107 482
Living cost
13 205
13 205
13 205
13 205
Free-cash
99 677
104 357
99 239
94 277

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11713
₽24795
₽22900
₽14245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
34 644
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
58 830
Employee
93 245
85 887
118 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
12 402
-
total
37 475
37 055
38 244
-
Employer
93 245
85 887
118 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
27 928
36 573
-
-
income
5 586
7 316
-
-
total
5 586
7 316
-
-
Dividends
22 342
29 258
-
-
income
4 747
6 218
-
-
withholding
3 351
4 388
-
-
total
8 098
10 606
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 485
70 017
56 935
58 830
After tax
70 015
67 483
80 565
78 670
Living cost
55 770
55 770
55 770
55 770
Free-cash
14 245
11 713
24 795
22 900

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69676
₽44783
₽45535
₽60759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
12 446
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
18 562
total
-
-
-
66 972
Employee
36 754
-
102 612
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
6 670
-
income
4 411
-
12 313
-
health
4 962
-
13 853
-
total
11 762
-
32 836
-
Employer
36 754
-
102 612
-
health
3 308
-
9 235
-
social contributions
9 189
-
25 653
-
total
12 497
-
34 888
-
Corporate
88 249
137 500
-
-
income
16 767
26 125
-
-
total
16 767
26 125
-
-
Dividends
71 482
111 375
-
-
withholding
10 722
16 706
-
-
total
10 722
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 748
42 831
67 724
66 972
After tax
85 752
94 669
69 776
70 528
Living cost
24 993
24 993
24 993
24 993
Free-cash
60 759
69 676
44 783
45 535

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30922
₽18966
₽25510
₽25673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
35 364
regional
-
-
-
1 582
municipal
-
-
-
817
national
-
-
-
31 788
total
-
-
-
69 551
Employee
89 385
-
137 500
-
municipal
473
-
729
-
national
15 488
-
27 608
-
regional
843
-
1 393
-
social contributions
30 141
-
46 365
-
total
46 945
-
76 095
-
Employer
89 385
-
137 500
-
total
-
-
-
-
Corporate
48 115
137 500
-
-
municipal
1 876
5 363
-
-
nationa
11 547
33 000
-
-
total
13 423
38 363
-
-
Dividends
34 692
99 137
-
-
withholding
9 020
25 776
-
-
total
9 020
25 776
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 388
64 139
76 095
69 551
After tax
68 112
73 361
61 405
67 949
Living cost
42 439
42 439
42 439
42 439
Free-cash
25 673
30 922
18 966
25 510

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64294
₽40351
₽43049
₽61163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
31 280
other
-
-
-
-
surtax
-
-
-
4 373
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
72 258
Employee
33 259
-
113 589
-
other
-
-
-
-
unemployment
2 315
-
7 905
-
pensions
2 218
-
7 577
-
surtax
109
-
3 945
-
income
5 575
-
28 721
-
health
849
-
2 897
-
total
11 066
-
51 045
-
Employer
33 259
-
113 589
-
health
1 514
-
5 168
-
pensions
4 434
-
15 141
-
unemployment
1 054
-
3 602
-
other
-
-
-
-
total
7 002
-
23 911
-
Corporate
97 240
137 500
-
-
income
25 283
35 750
-
-
total
25 283
35 750
-
-
Dividends
71 957
101 750
-
-
withholding
10 793
15 263
-
-
total
10 793
15 263
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 144
51 013
74 956
72 258
After tax
83 356
86 487
62 544
65 242
Living cost
22 193
22 193
22 193
22 193
Free-cash
61 163
64 294
40 351
43 049

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48492
₽35742
₽48404
₽49480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
35 198
pensions
-
-
-
8 222
total
-
-
-
43 420
Employee
63 395
-
120 470
-
pensions
5 381
-
10 397
-
income
11 418
-
26 759
-
health
920
-
1 896
-
total
17 719
-
39 052
-
Employer
63 395
-
120 470
-
health
1 204
-
2 290
-
pensions
6 863
-
14 740
-
total
8 067
-
17 030
-
Corporate
66 038
137 500
-
-
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.

12 547
26 125
-
-
total
12 547
26 125
-
-
Dividends
53 491
111 375
-
-
withholding
4 011
17 207
-
-
total
4 011
17 207
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 344
43 332
56 082
43 420
After tax
95 156
94 168
81 418
94 080
Living cost
45 676
45 676
45 676
45 676
Free-cash
49 480
48 492
35 742
48 404

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16870
₽26714
₽33443
₽17252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other

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

-
-
-
2 751
regional
-
-
-
5 700
health
-
-
-
309
city
-
-
-
1 450
national
-
-
-
1 453
pensions
-
-
-
12 649
total
-
-
-
24 312
Employee
93 322
-
123 069
-
unemployment
-
-
-
-
pensions
7 840
-
10 339
-
national
442
-
1 141
-
regional
3 056
-
4 883
-
city
1 002
-
1 323
-
health
211
-
277
-
total
12 551
-
17 963
-
Employer
93 322
-
123 069
-
health
211
-
277
-
pensions
7 840
-
10 339
-
unemployment
-
-
-
-
other

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

1 866
-
2 462
-
total
9 917
-
13 078
-
Corporate
33 235
137 500
-
-
regional
7 029
29 082
-
-
national
2 824
11 687
-
-
total
9 853
40 769
-
-
Dividends
23 381
96 732
-
-
withholding
8 182
33 856
-
-
total
8 182
33 856
-
-
Income
137 500
137 500
137 500
137 500
Total tax
40 503
74 625
31 041
24 312
After tax
96 997
62 875
106 459
113 188
Living cost
79 745
79 745
79 745
79 745
Free-cash
17 252
-16 870
26 714
33 443

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21930
₽44354
₽28791
₽38236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income

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

-
-
-
38 105
surtax

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

-
-
-
2 096
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.

-
-
-
6 871
trade
-
-
-
15 563
total
-
-
-
62 635
Employee

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

60 444
-
137 500
-
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.

391
-
2 096
-
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.

7 108
-
38 105
-
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.

6 871
-
6 871
-
total
14 370
-
47 072
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 056
137 500
-
-
income
11 558
20 624
-
-
surtax

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

636
1 134
-
-
chamber of commerce
261
345
-
-
trade
13 215
23 581
-
-
total
25 670
45 684
-
-
Dividends
51 386
91 816
-
-
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.

685
1 241
-
-
withholding
12 465
22 571
-
-
total
13 150
23 812
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 190
69 496
47 072
62 635
After tax
84 310
68 004
90 428
74 865
Living cost
46 074
46 074
46 074
46 074
Free-cash
38 236
21 930
44 354
28 791

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34892
₽45599
₽43718
₽40830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
18 318
other
-
-
-
4 262
surtax
-
-
-
-
social contributions
-
-
-
3 918
health
-
-
-
4 575
pensions
-
-
-
28 299
total
-
-
-
59 372
Employee
43 044
-
108 757
-
pensions
4 867
-
6 590
-
surtax
-
-
-
-
social contributions
1 227
-
3 100
-
income
2 540
-
19 062
-
total
8 634
-
28 752
-
Employer
43 044
-
108 757
-
health
3 014
-
8 912
-
pensions
7 071
-
11 269
-
unemployment
1 743
-
4 405
-
social contributions
130
-
326
-
other
1 485
-
3 827
-
total
13 443
-
28 739
-
Corporate
81 013
137 500
-
-
income
22 684
38 500
-
-
surtax
-
-
-
-
total
22 684
38 500
-
-
Dividends
58 330
99 000
-
-
surtax
-
-
-
-
social contributions
10 033
17 027
-
-
withholding
7 466
12 671
-
-
total
17 499
29 698
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 260
68 198
57 491
59 372
After tax
75 240
69 302
80 009
78 128
Living cost
34 410
34 410
34 410
34 410
Free-cash
40 830
34 892
45 599
43 718

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38301
₽49008
₽47127
₽43884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
18 318
other
-
-
-
4 262
surtax
-
-
-
-
social contributions
-
-
-
3 918
health
-
-
-
4 575
pensions
-
-
-
28 299
total
-
-
-
59 372
Employee
38 423
-
108 757
-
pensions
4 346
-
6 590
-
surtax
-
-
-
-
social contributions
1 096
-
3 100
-
income
1 981
-
19 062
-
total
7 423
-
28 752
-
Employer
38 423
-
108 757
-
health
2 689
-
8 912
-
pensions
6 314
-
11 269
-
unemployment
1 556
-
4 405
-
social contributions
115
-
326
-
other
1 326
-
3 827
-
total
12 000
-
28 739
-
Corporate
87 077
137 500
-
-
income
24 382
38 500
-
-
surtax
-
-
-
-
total
24 382
38 500
-
-
Dividends
62 695
99 000
-
-
surtax
-
-
-
-
social contributions
10 784
17 027
-
-
withholding
8 026
12 671
-
-
total
18 810
29 698
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 615
68 198
57 491
59 372
After tax
74 885
69 302
80 009
78 128
Living cost
31 001
31 001
31 001
31 001
Free-cash
43 884
38 301
49 008
47 127

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
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.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62560
₽65304
₽66976
₽63083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
20 624
social contributions
-
-
-
18 975
health
-
-
-
9 598
total
-
-
-
49 197
Employee
34 101
-
137 500
-
social contributions
4 707
-
18 975
-
income
5 688
-
22 296
-
health
2 380
-
9 598
-
total
12 775
-
50 869
-
Employer
34 101
-
137 500
-
total
-
-
-
-
Corporate
103 399
137 500
-
-
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%.

5 170
6 875
-
-
total
5 170
6 875
-
-
Dividends
98 229
130 625
-
-
social contributions
13 555
18 027
-
-
withholding
14 734
19 594
-
-
health
6 856
9 117
-
-
total
35 145
46 738
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 090
53 613
50 869
49 197
After tax
84 410
83 887
86 631
88 303
Living cost
21 327
21 327
21 327
21 327
Free-cash
63 083
62 560
65 304
66 976

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽41021
₽1526
₽34189
₽39463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
30 230
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
550
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
67 872
Employee
50 263
40 080
106 615
-
other
502
401
1 067
-
unemployment
1 508
1 202
3 199
-
pensions
5 147
4 103
10 917
-
income
5 722
2 956
24 644
-
health
1 945
1 552
4 126
-
total
14 824
10 214
43 953
-
Employer
50 263
40 080
106 615
-
chamber of commerce
200
160
426
-
health
1 899
1 515
4 031
-
pensions
6 308
5 031
13 379
-
accident
653
521
1 386
-
unemployment
1 508
1 202
3 199
-
surtax
198
198
198
-
payroll
1 508
1 202
3 199
-
other
2 388
1 903
5 065
-
total
14 662
11 732
30 883
-
Corporate
72 575
85 685
102 800
-
income

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

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

18 143
21 422
25 699
-
total
18 143
21 422
25 699
-
Dividends
54 432
64 263
-
-
withholding
14 969
17 672
-
-
total
14 969
17 672
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 598
61 040
100 535
67 872
After tax
74 902
76 460
36 965
69 628
Living cost
35 439
35 439
35 439
35 439
Free-cash
39 463
41 021
1 526
34 189

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40309
₽13953
₽24180
₽25227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
communal

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

-
-
-
6 949
social contributions
-
-
-
21 678
national
-
-
-
48 022
total
-
-
-
76 649
Employee

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

71 942
-
106 499
-
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.

626
-
926
-
communal

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

3 752
-
5 554
-
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.

5 396
-
7 987
-
national
22 118
-
36 401
-
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.

3 380
-
5 006
-
total
35 272
-
55 874
-
Employer

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

71 942
-
106 499
-
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.

4 424
-
6 548
-
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.

6 375
-
9 436
-
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.

935
-
1 384
-
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.

1 050
-
1 556
-
surtax
8 157
-
12 078
-
total
20 941
-
31 002
-
Corporate
44 617
137 500
-
-
income
8 923
27 501
-
-
surtax
179
550
-
-
total
9 102
28 051
-
-
Dividends
35 515
109 449
-
-
withholding

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

10 287
32 469
-
-
total
10 287
32 469
-
-
Income
137 500
137 500
137 500
137 500
Total tax
75 602
60 520
86 876
76 649
After tax
61 898
76 980
50 624
60 851
Living cost
36 671
36 671
36 671
36 671
Free-cash
25 227
40 309
13 953
24 180

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55811
₽36054
₽40887
₽48225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
840
income
-
-
-
32 323
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
60 291
Employee
50 064
-
107 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
29 485
-
total
13 743
-
35 406
-
Employer
50 064
-
107 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
71 479
137 500
-
-
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.

10 722
20 624
-
-
total
10 722
20 624
-
-
Dividends
60 756
116 876
-
-
withholding
12 530
24 743
-
-
total
12 530
24 743
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 953
45 367
65 124
60 291
After tax
84 547
92 133
72 376
77 209
Living cost
36 322
36 322
36 322
36 322
Free-cash
48 225
55 811
36 054
40 887

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27774
₽23248
₽17767
₽17163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
communal
-
-
-
8 690
accident
-
-
-
1 159
income
-
-
-
18 142
surtax
-
-
-
6 818
health
-
-
-
9 659
pensions
-
-
-
20 609
total
-
-
-
65 077
Employee
76 164
-
122 823
-
pensions
6 092
-
9 825
-
surtax
4 668
-
7 527
-
income
7 357
-
22 101
-
health
3 390
-
5 466
-
total
21 507
-
44 919
-
Employer
76 164
-
122 823
-
health
2 323
-
3 747
-
pensions
6 092
-
9 825
-
accident
685
-
1 105
-
total
9 100
-
14 677
-
Corporate
52 235
137 500
-
-
communal
3 525
9 281
-
-
income
7 835
20 624
-
-
surtax
548
1 443
-
-
total
11 908
31 348
-
-
Dividends
40 328
106 151
-
-
income
17 118
7 799
-
-
withholding
6 048
15 923
-
-
total
23 166
23 722
-
-
Income
137 500
137 500
137 500
137 500
Total tax
65 681
55 070
59 596
65 077
After tax
71 819
82 430
77 904
72 423
Living cost
54 656
54 656
54 656
54 656
Free-cash
17 163
27 774
23 248
17 767

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63897
₽39954
₽42652
₽60698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
31 280
other
-
-
-
-
surtax
-
-
-
4 373
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
72 258
Employee
33 870
-
113 589
-
other
-
-
-
-
unemployment
2 357
-
7 905
-
pensions
2 260
-
7 577
-
surtax
120
-
3 945
-
income
5 678
-
28 721
-
health
865
-
2 897
-
total
11 280
-
51 045
-
Employer
33 870
-
113 589
-
health
1 540
-
5 168
-
pensions
4 516
-
15 141
-
unemployment
1 075
-
3 602
-
other
-
-
-
-
total
7 131
-
23 911
-
Corporate
96 499
137 500
-
-
income
25 090
35 750
-
-
total
25 090
35 750
-
-
Dividends
71 409
101 750
-
-
withholding
10 711
15 263
-
-
total
10 711
15 263
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 212
51 013
74 956
72 258
After tax
83 288
86 487
62 544
65 242
Living cost
22 590
22 590
22 590
22 590
Free-cash
60 698
63 897
39 954
42 652

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45178
₽33855
₽40365
₽42947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
35 364
regional
-
-
-
2 073
municipal
-
-
-
817
national
-
-
-
31 788
total
-
-
-
70 042
Employee
55 790
-
137 500
-
municipal
296
-
729
-
national
8 839
-
27 608
-
regional
751
-
1 850
-
social contributions
18 813
-
46 365
-
total
28 699
-
76 552
-
Employer
55 790
-
137 500
-
total
-
-
-
-
Corporate
81 710
137 500
-
-
municipal
4 061
6 835
-
-
nationa
19 611
33 000
-
-
total
23 672
39 835
-
-
Dividends
58 037
97 666
-
-
withholding
15 089
25 394
-
-
total
15 089
25 394
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 460
65 229
76 552
70 042
After tax
70 040
72 271
60 948
67 458
Living cost
27 093
27 093
27 093
27 093
Free-cash
42 947
45 178
33 855
40 365

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63871
₽38978
₽39730
₽52884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
12 446
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
18 562
total
-
-
-
66 972
Employee
45 291
-
102 612
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
6 670
-
income
5 435
-
12 313
-
health
6 114
-
13 853
-
total
14 493
-
32 836
-
Employer
45 291
-
102 612
-
health
4 076
-
9 235
-
social contributions
11 323
-
25 653
-
total
15 399
-
34 888
-
Corporate
76 810
137 500
-
-
income
14 594
26 125
-
-
total
14 594
26 125
-
-
Dividends
62 216
111 375
-
-
withholding
9 332
16 706
-
-
total
9 332
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 818
42 831
67 724
66 972
After tax
83 682
94 669
69 776
70 528
Living cost
30 798
30 798
30 798
30 798
Free-cash
52 884
63 871
38 978
39 730

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44479
₽4911
₽37739
₽43978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
30 230
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
550
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
67 674
Employee
43 964
40 080
106 770
-
other
439
401
1 067
-
unemployment
1 319
1 202
3 203
-
pensions
4 502
4 103
10 932
-
income
3 916
2 956
24 699
-
health
1 701
1 552
4 132
-
total
11 877
10 214
44 033
-
Employer
43 964
40 080
106 770
-
chamber of commerce
176
160
428
-
health
1 662
1 515
4 037
-
pensions
5 518
5 031
13 400
-
accident
571
521
1 388
-
unemployment
1 319
1 202
3 203
-
surtax
-
-
-
-
payroll
1 319
1 202
3 203
-
other
2 088
1 903
5 073
-
total
12 653
11 534
30 732
-
Corporate
80 884
85 884
102 953
-
income

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

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

20 222
21 472
25 737
-
total
20 222
21 472
25 737
-
Dividends
60 662
64 412
-
-
withholding
16 683
17 714
-
-
total
16 683
17 714
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 435
60 934
100 502
67 674
After tax
76 065
76 566
36 998
69 826
Living cost
32 087
32 087
32 087
32 087
Free-cash
43 978
44 479
4 911
37 739

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117941
₽97316
₽123441
₽115563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
137 500
microenterprise

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

-
-
-
1 375
total
-
-
-
1 375
Employee
15 855
-
137 500
-
income
3 171
-
27 500
-
total
3 171
-
27 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

121 645
137 500
-
-
total
-
-
-
-
Dividends
121 645
137 500
-
-
withholding
6 082
6 875
-
-
total
6 082
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
9 253
6 875
27 500
1 375
After tax
128 247
130 625
110 000
136 125
Living cost
12 684
12 684
12 684
12 684
Free-cash
115 563
117 941
97 316
123 441

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
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.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67693
₽38550
₽42192
₽59280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income
-
-
-
29 485
unemployment
-
-
-
206
health
-
-
-
13 530
pensions
-
-
-
25 111
total
-
-
-
68 332
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.

44 474
-
118 977
-
unemployment
63
-
166
-
pensions
6 894
-
18 441
-
income
7 670
-
27 157
-
health
2 872
-
7 686
-
total
17 499
-
53 450
-
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.

44 474
-
118 977
-
health
2 962
-
7 923
-
pensions
3 936
-
10 530
-
unemployment
27
-
71
-
total
6 925
-
18 524
-
Corporate
86 101
137 500
-
-
income
16 359
26 125
-
-
total
16 359
26 125
-
-
Dividends
69 743
111 375
-
-
withholding
10 461
16 706
-
-
total
10 461
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 244
42 831
71 974
68 332
After tax
86 256
94 669
65 526
69 168
Living cost
26 976
26 976
26 976
26 976
Free-cash
59 280
67 693
38 550
42 192

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39652
₽80081
₽51021
-₽14557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
26 801
social contributions
-
-
-
15 675
total
-
-
-
42 476
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
137 500
-
-
income
-
30 250
-
-
total
-
30 250
-
-
Dividends
-
107 250
-
-
income
-
23 595
-
-
total
-
23 595
-
-
Income
137 500
137 500
137 500
137 500
Total tax
108 054
53 845
13 416
42 476
After tax
29 446
83 655
124 084
95 024
Living cost
44 003
44 003
44 003
44 003
Free-cash
-14 557
39 652
80 081
51 021

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
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.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46663
₽34212
₽43435
₽45650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income
-
-
-
14 736
surtax
-
-
-
-
social contributions

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

-
-
-
47 782
total
-
-
-
62 518
Employee
46 257
-
111 112
-
surtax
-
-
-
-
social contributions
5 088
-
12 223
-
income
9 622
-
33 130
-
total
14 710
-
45 353
-
Employer
46 257
-
111 112
-
social contributions
10 986
-
26 388
-
total
10 986
-
26 388
-
Corporate
80 258
137 500
-
-
income
16 855
28 875
-
-
surtax
-
-
-
-
total
16 855
28 875
-
-
Dividends
63 403
108 625
-
-
withholding
17 752
30 415
-
-
total
17 752
30 415
-
-
Income
137 500
137 500
137 500
137 500
Total tax
60 303
59 290
71 741
62 518
After tax
77 197
78 210
65 759
74 982
Living cost
31 547
31 547
31 547
31 547
Free-cash
45 650
46 663
34 212
43 435

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20726
₽31433
₽29552
₽27639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
18 318
other
-
-
-
4 262
surtax
-
-
-
-
social contributions
-
-
-
3 918
health
-
-
-
4 575
pensions
-
-
-
28 299
total
-
-
-
59 372
Employee
62 992
-
108 757
-
pensions
7 125
-
6 590
-
surtax
-
-
-
-
social contributions
1 794
-
3 100
-
income
5 496
-
19 062
-
total
14 415
-
28 752
-
Employer
62 992
-
108 757
-
health
4 409
-
8 912
-
pensions
10 350
-
11 269
-
unemployment
2 552
-
4 405
-
social contributions
189
-
326
-
other
2 174
-
3 827
-
total
19 674
-
28 739
-
Corporate
54 834
137 500
-
-
income
15 353
38 500
-
-
surtax
-
-
-
-
total
15 353
38 500
-
-
Dividends
39 482
99 000
-
-
surtax
-
-
-
-
social contributions
6 789
17 027
-
-
withholding
5 054
12 671
-
-
total
11 843
29 698
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 285
68 198
57 491
59 372
After tax
76 215
69 302
80 009
78 128
Living cost
48 576
48 576
48 576
48 576
Free-cash
27 639
20 726
31 433
29 552

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93518
₽76056
₽72402
₽90139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
4 617
social contributions
-
-
-
30 249
total
-
-
-
34 866
Employee
32 334
-
119 048
-
income
-
-
5 023
-
social contributions
2 101
-
7 737
-
total
2 101
-
12 760
-
Employer
32 334
-
119 048
-
social contributions
5 012
-
18 452
-
total
5 012
-
18 452
-
Corporate
100 154
137 500
-
-
income
10 016
13 750
-
-
total
10 016
13 750
-
-
Dividends
90 138
123 750
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
17 129
13 750
31 212
34 866
After tax
120 371
123 750
106 288
102 634
Living cost
30 232
30 232
30 232
30 232
Free-cash
90 139
93 518
76 056
72 402

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽81526
-₽81526
₽34968
-₽81526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
labour market
-
-
-
10 930
municipal
-
-
-
27 467
national
-
-
-
14 850
pensions
-
-
-
871
total
-
-
-
54 118
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
170 612
170 612
170 612
54 118
After tax
-33 112
-33 112
-33 112
83 382
Living cost
48 414
48 414
48 414
48 414
Free-cash
-81 526
-81 526
-81 526
34 968

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10933
₽51147
₽72077
₽7752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
257
income
-
-
-
36 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
43 353
Employee
34 717
-
121 285
-
pensions
3 909
-
7 768
-
income
4 763
-
26 413
-
health
3 975
-
13 887
-
total
12 647
-
48 068
-
Employer
34 717
-
121 285
-
pensions
5 645
-
11 218
-
accident
580
-
2 025
-
unemployment
851
-
2 972
-
total
7 076
-
16 215
-
Corporate
95 707
137 500
-
-
income

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

86 136
123 750
-
-
total
86 136
123 750
-
-
Dividends
9 571
13 750
-
-
withholding
1 819
2 613
-
-
total
1 819
2 613
-
-
Income
137 500
137 500
137 500
137 500
Total tax
107 678
126 363
64 283
43 353
After tax
29 822
11 137
73 217
94 147
Living cost
22 070
22 070
22 070
22 070
Free-cash
7 752
-10 933
51 147
72 077

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49989
₽36038
₽54892
₽50957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
137 500
health
-
-
-
1 699
municipal
-
-
-
24 443
national
-
-
-
17 853
total
-
-
-
43 995
Employee
52 914
-
115 671
-
municipal
8 667
-
18 859
-
unemployment
794
-
1 735
-
pensions
3 571
-
7 808
-
national
874
-
11 258
-
health
395
-
1 361
-
total
14 301
-
41 021
-
Employer
52 914
-
115 671
-
health
407
-
891
-
pensions
9 180
-
20 069
-
accident
53
-
116
-
unemployment
344
-
752
-
total
9 984
-
21 828
-
Corporate
74 602
137 500
-
-
income
14 919
27 501
-
-
total
14 919
27 501
-
-
Dividends

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

44 762
82 499
-
-
municipal
8 056
14 851
-
-
national
670
6 546
-
-
total
8 726
21 397
-
-
Income
137 500
137 500
137 500
137 500
Total tax
47 930
48 898
62 849
43 995
After tax
89 570
88 602
74 651
93 505
Living cost
38 613
38 613
38 613
38 613
Free-cash
50 957
49 989
36 038
54 892

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77151
₽71365
₽72681
₽71677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
21 754
social contributions
-
-
-
16 273
health
-
-
-
3 506
total
-
-
-
41 533
Employee
77 337
77 337
126 503
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
21 044
-
health
599
1 315
2 151
-
total
11 944
14 893
31 852
-
Employer
77 337
77 337
126 503
-
health
651
1 431
2 340
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
10 997
-
Corporate
98 695
52 313
-
-
income
12 337
6 539
-
-
total
12 337
6 539
-
-
Dividends
86 358
45 774
-
-
withholding
14 681
7 781
-
-
total
14 681
7 781
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 537
37 063
42 849
41 533
After tax
94 963
100 437
94 651
95 967
Living cost
23 286
23 286
23 286
23 286
Free-cash
71 677
77 151
71 365
72 681

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97896
₽77631
₽97803
₽92779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
137 500
income
-
-
-
13 662
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
23 729
Employee

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

23 085
-
127 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
11 169
-
health
1 962
-
8 112
-
total
7 117
-
34 072
-
Employer

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

23 085
-
127 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
112 038
137 500
-
-
income
10 083
12 375
-
-
total
10 083
12 375
-
-
Dividends
101 955
125 125
-
-
withholding
9 177
11 261
-
-
total
9 177
11 261
-
-
Income
137 500
137 500
137 500
137 500
Total tax
28 753
23 636
43 901
23 729
After tax
108 747
113 864
93 599
113 771
Living cost
15 968
15 968
15 968
15 968
Free-cash
92 779
97 896
77 631
97 803

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽64476
₽44719
₽49552
₽59626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
840
income
-
-
-
32 323
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
60 291
Employee
37 188
-
107 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
29 485
-
total
9 530
-
35 406
-
Employer
37 188
-
107 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
88 455
137 500
-
-
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.

13 269
20 624
-
-
total
13 269
20 624
-
-
Dividends
75 187
116 876
-
-
withholding
15 561
24 743
-
-
total
15 561
24 743
-
-
Income
137 500
137 500
137 500
137 500
Total tax
50 217
45 367
65 124
60 291
After tax
87 283
92 133
72 376
77 209
Living cost
27 657
27 657
27 657
27 657
Free-cash
59 626
64 476
44 719
49 552

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83841
₽86126
₽86265
₽83520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
46 811
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
49 276
Employee
2 983
-
135 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
46 736
-
health
149
-
357
-
total
1 024
-
47 807
-
Employer
2 983
-
135 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
133 846
137 500
-
-
income
29 446
30 250
-
-
total
29 446
30 250
-
-
Dividends
104 400
107 250
-
-
withholding
20 880
21 450
-
-
total
20 880
21 450
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 021
51 700
49 415
49 276
After tax
85 479
85 800
88 085
88 224
Living cost
1 959
1 959
1 959
1 959
Free-cash
83 520
83 841
86 126
86 265

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81951
₽61838
₽61837
₽77001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income
-
-
-
30 174
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
58 270
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.

26 227
-
124 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
30 174
-
health
1 351
-
3 828
-
total
8 835
-
44 965
-
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.

26 227
-
124 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
106 578
137 500
-
-
income
15 987
20 625
-
-
total
15 987
20 625
-
-
Dividends
90 591
116 875
-
-
withholding
13 589
17 531
-
-
total
13 589
17 531
-
-
Income
137 500
137 500
137 500
137 500
Total tax
43 106
38 156
58 269
58 270
After tax
94 394
99 344
79 231
79 230
Living cost
17 393
17 393
17 393
17 393
Free-cash
77 001
81 951
61 838
61 837

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51096
₽38645
₽47868
₽50735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income
-
-
-
14 736
surtax
-
-
-
-
social contributions

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

-
-
-
47 782
total
-
-
-
62 518
Employee
39 035
-
111 112
-
surtax
-
-
-
-
social contributions
4 294
-
12 223
-
income
7 627
-
33 130
-
total
11 921
-
45 353
-
Employer
39 035
-
111 112
-
social contributions
9 270
-
26 388
-
total
9 270
-
26 388
-
Corporate
89 195
137 500
-
-
income
18 731
28 875
-
-
surtax
-
-
-
-
total
18 731
28 875
-
-
Dividends
70 464
108 625
-
-
withholding
19 729
30 415
-
-
total
19 729
30 415
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 651
59 290
71 741
62 518
After tax
77 849
78 210
65 759
74 982
Living cost
27 114
27 114
27 114
27 114
Free-cash
50 735
51 096
38 645
47 868

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56787
₽37030
₽41863
₽49545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
840
income
-
-
-
32 323
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
60 291
Employee
48 573
-
107 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
29 485
-
total
13 228
-
35 406
-
Employer
48 573
-
107 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
73 441
137 500
-
-
income

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

11 016
20 624
-
-
total
11 016
20 624
-
-
Dividends
62 424
116 876
-
-
withholding
12 879
24 743
-
-
total
12 879
24 743
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 609
45 367
65 124
60 291
After tax
84 891
92 133
72 376
77 209
Living cost
35 346
35 346
35 346
35 346
Free-cash
49 545
56 787
37 030
41 863

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100237
₽95119
₽90157
₽94101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
20 625
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
30 018
Employee
22 941
-
130 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
13 060
-
health
1 055
-
1 618
-
total
5 615
-
18 154
-
Employer
22 941
-
130 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
110 058
137 500
-
-
income
11 006
13 750
-
-
total
11 006
13 750
-
-
Dividends
99 052
123 750
-
-
withholding
4 952
6 188
-
-
total
4 952
6 188
-
-
Income
137 500
137 500
137 500
137 500
Total tax
26 074
19 938
25 056
30 018
After tax
111 426
117 562
112 444
107 482
Living cost
17 325
17 325
17 325
17 325
Free-cash
94 101
100 237
95 119
90 157

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32002
₽51599
₽38579
₽45157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income

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

-
-
-
38 105
surtax

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

-
-
-
2 096
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.

-
-
-
6 871
trade
-
-
-
13 020
total
-
-
-
60 092
Employee

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

50 042
-
137 500
-
surtax

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

227
-
2 096
-
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.

4 115
-
38 105
-
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.

6 871
-
6 871
-
total
11 213
-
47 072
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 458
137 500
-
-
income
13 118
20 624
-
-
surtax

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

721
1 134
-
-
chamber of commerce
281
355
-
-
trade
12 551
19 731
-
-
total
26 671
41 844
-
-
Dividends
60 787
95 656
-
-
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.

815
1 294
-
-
withholding
14 815
23 531
-
-
total
15 630
24 825
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 514
66 669
47 072
60 092
After tax
83 986
70 831
90 428
77 408
Living cost
38 829
38 829
38 829
38 829
Free-cash
45 157
32 002
51 599
38 579

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38957
₽19811
₽19811
₽41178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
38 376
social contributions
-
-
-
22 021
total
-
-
-
60 397
Employee
78 672
-
137 500
-
income
14 845
-
38 376
-
social contributions
6 536
-
22 021
-
total
21 381
-
60 397
-
Employer
78 672
-
137 500
-
total
-
-
-
-
Corporate
58 828
137 500
-
-
income
7 354
17 187
-
-
total
7 354
17 187
-
-
Dividends
51 474
120 313
-
-
withholding
10 295
24 064
-
-
total
10 295
24 064
-
-
Income
137 500
137 500
137 500
137 500
Total tax
39 030
41 251
60 397
60 397
After tax
98 470
96 249
77 103
77 103
Living cost
57 292
57 292
57 292
57 292
Free-cash
41 178
38 957
19 811
19 811

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47552
₽63677
₽66285
₽51067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
132 874
-
income
5 006
-
28 062
-
social contributions
4 623
-
4 626
-
total
9 629
-
32 688
-
Employer
46 138
-
132 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
86 740
137 500
-
-
income
30 358
48 125
-
-
total
30 358
48 125
-
-
Dividends
56 382
89 375
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
137 500
137 500
137 500
137 500
Total tax
49 924
53 439
37 314
34 706
After tax
87 576
84 061
100 186
102 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
51 067
47 552
63 677
66 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57035
₽44285
₽56947
₽60249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
35 198
pensions
-
-
-
8 222
total
-
-
-
43 420
Employee
50 971
-
120 470
-
pensions
3 890
-
10 397
-
income
9 282
-
26 759
-
health
665
-
1 896
-
total
13 837
-
39 052
-
Employer
50 971
-
120 470
-
health
969
-
2 290
-
pensions
5 150
-
14 740
-
total
6 119
-
17 030
-
Corporate
80 411
137 500
-
-
income

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

15 277
26 125
-
-
total
15 277
26 125
-
-
Dividends
65 134
111 375
-
-
withholding
4 885
17 207
-
-
total
4 885
17 207
-
-
Income
137 500
137 500
137 500
137 500
Total tax
40 118
43 332
56 082
43 420
After tax
97 382
94 168
81 418
94 080
Living cost
37 133
37 133
37 133
37 133
Free-cash
60 249
57 035
44 285
56 947

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13118
₽48962
₽69892
₽7417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
257
income
-
-
-
36 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
43 353
Employee
38 154
-
121 285
-
pensions
4 296
-
7 768
-
income
5 234
-
26 413
-
health
4 368
-
13 887
-
total
13 898
-
48 068
-
Employer
38 154
-
121 285
-
pensions
6 204
-
11 218
-
accident
637
-
2 025
-
unemployment
935
-
2 972
-
total
7 776
-
16 215
-
Corporate
91 571
137 500
-
-
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.

82 414
123 750
-
-
total
82 414
123 750
-
-
Dividends
9 157
13 750
-
-
withholding
1 740
2 613
-
-
total
1 740
2 613
-
-
Income
137 500
137 500
137 500
137 500
Total tax
105 828
126 363
64 283
43 353
After tax
31 672
11 137
73 217
94 147
Living cost
24 255
24 255
24 255
24 255
Free-cash
7 417
-13 118
48 962
69 892

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽102117
₽79720
₽64029
₽97410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
137 500
income
-
-
-
22 070
unemployment
-
-
-
1 650
work injury
-
-
-
687
health insurance
-
-
-
10 175
pensions
-
-
-
25 300
total
-
-
-
59 882
Employee

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

21 742
-
137 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
22 070
-
total
8 153
-
44 191
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 758
137 500
-
-
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%.

1 158
1 375
-
-
total
1 158
1 375
-
-
Dividends
114 601
136 125
-
-
withholding
17 190
20 419
-
-
total
17 190
20 419
-
-
Income
137 500
137 500
137 500
137 500
Total tax
26 501
21 794
44 191
59 882
After tax
110 999
115 706
93 309
77 618
Living cost
13 589
13 589
13 589
13 589
Free-cash
97 410
102 117
79 720
64 029

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽32359
₽19985
₽26274
₽27784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
35 364
regional
-
-
-
3 087
municipal
-
-
-
920
national
-
-
-
31 788
total
-
-
-
71 159
Employee
84 751
-
137 500
-
municipal
506
-
821
-
national
14 322
-
27 608
-
regional
1 280
-
2 654
-
social contributions
28 577
-
46 365
-
total
44 685
-
77 448
-
Employer
84 751
-
137 500
-
total
-
-
-
-
Corporate
52 749
137 500
-
-
municipal
2 542
6 627
-
-
nationa
12 660
33 000
-
-
total
15 202
39 627
-
-
Dividends
37 547
97 874
-
-
withholding
9 762
25 447
-
-
total
9 762
25 447
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 649
65 074
77 448
71 159
After tax
67 851
72 426
60 052
66 341
Living cost
40 067
40 067
40 067
40 067
Free-cash
27 784
32 359
19 985
26 274

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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