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
₽46326
₽41081
₽51423
₽61137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 811
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.

-
-
-
6 386
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.

-
-
-
2 173
income

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

-
-
-
39 492
total
-
-
-
62 862
Employee

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

35 751
-
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.

55
-
2 173
-
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.

999
-
39 492
-
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.

6 386
-
6 386
-
total
7 440
-
48 051
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 749
137 500
-
-
trade
16 025
21 656
-
-
income
15 262
20 626
-
-
chamber of commerce
287
339
-
-
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.

839
1 135
-
-
total
32 413
43 756
-
-
Dividends
69 336
93 744
-
-
withholding
16 979
23 081
-
-
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.

933
1 270
-
-
total
17 912
24 351
-
-
Income
137 500
137 500
137 500
137 500
Total tax
57 765
68 107
48 051
62 862
After tax
79 735
69 393
89 449
74 638
Living cost
28 312
28 312
28 312
28 312
Free-cash
51 423
41 081
61 137
46 326

Estimated living cost  is ₽28312 per week

₽17809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32172
₽36227
₽35403
₽33251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 817
pensions
-
-
-
16 500
social contributions
-
-
-
1 478
national
-
-
-
22 960
total
-
-
-
55 755
Employee
76 847
-
118 868
-
municipal
9 492
-
15 349
-
national
14 708
-
23 785
-
pensions
3 074
-
4 755
-
total
27 274
-
43 889
-
Employer
76 847
-
118 868
-
pensions
6 148
-
9 509
-
social contributions
826
-
1 278
-
total
6 974
-
10 787
-
Corporate
48 607
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%.

9 721
27 500
-
-
total
9 721
27 500
-
-
Dividends
38 886
110 000
-
-
withholding
8 555
24 200
-
-
total
8 555
24 200
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 524
51 700
54 676
55 755
After tax
84 976
85 800
82 824
81 745
Living cost
49 573
49 573
49 573
49 573
Free-cash
35 403
36 227
33 251
32 172

Estimated living cost  is ₽49573 per week

₽33694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24855
₽90555
₽82886
₽64594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 813
income
-
-
-
22 323
microenterprise
-
-
-
-
total
-
-
-
93 199
Employee
27 313
-
98 139
-
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.

3 005
-
10 795
-
surtax
-
-
-
-
income
4 862
-
19 024
-
total
7 867
-
29 819
-
Employer
27 313
-
98 139
-
surtax
-
-
-
-
social contributions

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

6 579
-
23 641
-
total
6 579
-
23 641
-
Corporate
103 608
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%.

20 722
27 499
-
-
total
20 722
27 499
-
-
Dividends

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

82 886
110 001
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
35 168
27 499
53 460
93 199
After tax
102 332
110 001
84 040
44 301
Living cost
19 446
19 446
19 446
19 446
Free-cash
82 886
90 555
64 594
24 855

Estimated living cost  is ₽19446 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38643
₽28516
₽22787
₽43803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
37 223
total
-
-
-
59 700
Employee
79 821
79 821
120 129
-
pensions
14 368
10 951
10 951
-
income

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

13 065
13 065
14 692
-
health
12 252
10 421
11 526
-
total
39 685
34 437
37 169
-
Employer
79 821
79 821
120 129
-
pensions
5 556
5 556
6 905
-
unemployment
2 874
2 874
3 571
-
health
5 548
5 548
6 895
-
total
13 978
13 978
17 371
-
Corporate
44 680
43 701
-
-
income
8 936
8 740
-
-
total
8 936
8 740
-
-
Dividends
35 744
34 961
-
-
withholding
5 362
5 243
-
-
income
7 595
7 429
-
-
total
12 957
12 672
-
-
Income
137 500
137 500
137 500
137 500
Total tax
75 556
69 827
54 540
59 700
After tax
61 944
67 673
82 960
77 800
Living cost
39 157
39 157
39 157
39 157
Free-cash
22 787
28 516
43 803
38 643

Estimated living cost  is ₽39157 per week

₽27749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34072
₽36527
₽35662
₽33082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 704
pensions
-
-
-
9 133
health
-
-
-
5 272
other
-
-
-
9 817
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
6 700
total
-
-
-
64 880
Employee
54 927
-
110 956
-
municipal
16 379
-
33 087
-
national
-
-
6 238
-
total
16 379
-
39 325
-
Employer
54 927
-
110 956
-
pensions
5 937
-
9 133
-
other
6 383
-
9 817
-
unemployment
1 450
-
2 230
-
accident
110
-
169
-
health
3 378
-
5 196
-
total
17 258
-
26 545
-
Corporate
65 315
137 500
-
-
income
14 369
30 250
-
-
total
14 369
30 250
-
-
Dividends
50 946
107 250
-
-
withholding
15 284
32 175
-
-
total
15 284
32 175
-
-
Income
137 500
137 500
137 500
137 500
Total tax
63 290
62 425
65 870
64 880
After tax
74 210
75 075
71 630
72 620
Living cost
38 548
38 548
38 548
38 548
Free-cash
35 662
36 527
33 082
34 072

Estimated living cost  is ₽38548 per week

₽25548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37260
₽31966
₽45099
₽52729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 469
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.

-
-
-
6 386
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.

-
-
-
2 173
income

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

-
-
-
39 492
total
-
-
-
63 520
Employee

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

47 402
-
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.

223
-
2 173
-
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.

4 073
-
39 492
-
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.

6 386
-
6 386
-
total
10 682
-
48 051
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 098
137 500
-
-
trade
14 822
22 620
-
-
income
13 515
20 626
-
-
chamber of commerce
270
337
-
-
surtax

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

743
1 135
-
-
total
29 350
44 718
-
-
Dividends
60 749
92 782
-
-
withholding
14 833
22 840
-
-
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.

816
1 256
-
-
total
15 649
24 096
-
-
Income
137 500
137 500
137 500
137 500
Total tax
55 681
68 814
48 051
63 520
After tax
81 819
68 686
89 449
73 980
Living cost
36 720
36 720
36 720
36 720
Free-cash
45 099
31 966
52 729
37 260

Estimated living cost  is ₽36720 per week

₽24558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3872
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.
₽7741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65022
₽70080
₽66200
₽63740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 507
social contributions
-
-
-
15 123
income
-
-
-
23 530
total
-
-
-
42 160
Employee
71 876
71 876
127 102
-
social contributions
3 493
5 965
8 046
-
income
7 548
6 654
22 838
-
health
715
1 222
2 160
-
total
11 756
13 841
33 044
-
Employer
71 876
71 876
127 102
-
social contributions
3 493
5 965
8 046
-
health
779
1 330
2 352
-
total
4 272
7 295
10 398
-
Corporate
91 156
58 329
-
-
income
11 395
7 290
-
-
total
11 395
7 290
-
-
Dividends
79 761
51 038
-
-
withholding
13 559
8 676
-
-
total
13 559
8 676
-
-
Income
137 500
137 500
137 500
137 500
Total tax
40 982
37 102
43 442
42 160
After tax
96 518
100 398
94 058
95 340
Living cost
30 318
30 318
30 318
30 318
Free-cash
66 200
70 080
63 740
65 022

Estimated living cost  is ₽30318 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and 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 Limassol model

Close
Budapest , Hungary
₽78070
₽60119
₽60477
₽62528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
13 750
health
-
-
-
9 625
unemployment
-
-
-
2 063
income
-
-
-
16 809
total
-
-
-
42 247
Employee

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

The minimum wage is 138,000 HUF per month.

24 804
9 872
115 063
-
pensions
2 480
987
11 506
-
unemployment
372
148
1 726
-
income
3 032
1 207
14 066
-
health
1 736
691
8 054
-
total
7 620
3 033
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.

24 804
9 872
115 063
-
pensions
4 837
1 925
22 437
-
total
4 837
1 925
22 437
-
Corporate
107 859
125 703
-
-
income
9 707
11 313
-
-
total
9 707
11 313
-
-
Dividends
98 152
114 390
-
-
withholding
18 649
21 734
-
-
social contributions
19 027
22 193
-
-
total
37 676
43 927
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 840
60 198
57 789
42 247
After tax
77 660
77 302
79 711
95 253
Living cost
17 183
17 183
17 183
17 183
Free-cash
60 477
60 119
62 528
78 070

Estimated living cost  is ₽17183 per week

₽11726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51122
₽87424
₽81616
₽56676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 501
health
-
-
-
17 875
income
-
-
-
18 425
total
-
-
-
63 801
Employee
26 517
-
102 765
-
pensions
530
-
2 056
-
unemployment
424
-
1 644
-
income
2 985
-
19 813
-
total
3 939
-
23 513
-
Employer
26 517
-
102 765
-
pensions
5 304
-
20 553
-
unemployment
213
-
821
-
health
3 447
-
13 360
-
total
8 964
-
34 734
-
Corporate
102 020
137 500
-
-
income
20 404
27 499
-
-
total
20 404
27 499
-
-
Dividends
81 616
110 001
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
33 307
27 499
58 247
63 801
After tax
104 193
110 001
79 253
73 699
Living cost
22 577
22 577
22 577
22 577
Free-cash
81 616
87 424
56 676
51 122

Estimated living cost  is ₽22577 per week

₽15485
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.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73189
-₽9777
₽7929
₽52720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
36 775
total
-
-
-
43 396
Employee
32 900
-
122 000
-
pensions
3 705
-
7 253
-
income
4 514
-
27 143
-
health
3 767
-
13 969
-
total
11 986
-
48 365
-
Employer
32 900
-
122 000
-
pensions
5 350
-
10 474
-
unemployment
806
-
2 989
-
accident
549
-
2 037
-
total
6 705
-
15 500
-
Corporate
97 895
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.

88 105
123 750
-
-
total
88 105
123 750
-
-
Dividends
9 790
13 750
-
-
withholding
1 860
2 612
-
-
total
1 860
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
108 656
126 362
63 865
43 396
After tax
28 844
11 138
73 635
94 104
Living cost
20 915
20 915
20 915
20 915
Free-cash
7 929
-9 777
52 720
73 189

Estimated living cost  is ₽20915 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128487
₽122987
₽121555
₽102362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 547
-
137 500
-
income
1 909
-
27 500
-
total
1 909
-
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%.

127 953
137 500
-
-
total
-
-
-
-
Dividends
127 953
137 500
-
-
withholding
6 398
6 875
-
-
total
6 398
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
8 307
6 875
27 500
1 375
After tax
129 193
130 625
110 000
136 125
Living cost
7 638
7 638
7 638
7 638
Free-cash
121 555
122 987
102 362
128 487

Estimated living cost  is ₽7638 per week

₽4733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47988
₽76113
₽69802
₽53674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
33 000
health
-
-
-
6 050
other
-
-
-
6 531
income
-
-
-
19 024
total
-
-
-
64 605
Employee
33 939
-
109 825
-
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.

2 375
-
7 688
-
unemployment
339
-
1 098
-
income
5 843
-
20 920
-
health
475
-
1 538
-
total
9 032
-
31 244
-
Employer
33 939
-
109 825
-
pensions

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

5 770
-
18 669
-
other
1 698
-
5 492
-
unemployment
339
-
1 098
-
accident
271
-
878
-
health
475
-
1 538
-
total
8 553
-
27 675
-
Corporate
95 008
137 500
-
-
income
19 952
28 876
-
-
total
19 952
28 876
-
-
Dividends
75 056
108 624
-
-
withholding
5 254
7 604
-
-
total
5 254
7 604
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 791
36 480
58 919
64 605
After tax
94 709
101 020
78 581
72 895
Living cost
24 907
24 907
24 907
24 907
Free-cash
69 802
76 113
53 674
47 988

Estimated living cost  is ₽24907 per week

₽17598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31316
₽30963
₽28585
₽18729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 805
income
-
-
-
36 626
total
-
-
-
44 431
Employee
87 372
-
120 347
-
pensions
8 429
-
9 784
-
income
15 750
-
28 238
-
health
1 440
-
1 843
-
total
25 619
-
39 865
-
Employer
87 372
-
120 347
-
pensions
10 316
-
14 867
-
health
1 659
-
2 286
-
total
11 975
-
17 153
-
Corporate
38 153
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.

7 250
26 125
-
-
total
7 250
26 125
-
-
Dividends
30 903
111 375
-
-
withholding
2 318
18 659
-
-
total
2 318
18 659
-
-
Income
137 500
137 500
137 500
137 500
Total tax
47 162
44 784
57 018
44 431
After tax
90 338
92 716
80 482
93 069
Living cost
61 753
61 753
61 753
61 753
Free-cash
28 585
30 963
18 729
31 316

Estimated living cost  is ₽61753 per week

₽46273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95890
₽105300
₽100955
₽100990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
20 625
total
-
-
-
29 348
Employee
16 236
-
131 091
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 868
-
income
1 623
-
13 109
-
health
747
-
1 503
-
total
3 975
-
17 839
-
Employer
16 236
-
131 091
-
pensions

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

1 789
-
3 600
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 254
-
total
3 186
-
6 409
-
Corporate
118 078
137 500
-
-
income
11 808
13 750
-
-
total
11 808
13 750
-
-
Dividends
106 270
123 750
-
-
withholding
5 314
6 188
-
-
total
5 314
6 188
-
-
Income
137 500
137 500
137 500
137 500
Total tax
24 283
19 938
24 248
29 348
After tax
113 217
117 562
113 252
108 152
Living cost
12 262
12 262
12 262
12 262
Free-cash
100 955
105 300
100 990
95 890

Estimated living cost  is ₽12262 per week

₽7158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25968
₽15841
₽18193
₽31128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
37 223
total
-
-
-
59 700
Employee
86 660
79 821
120 129
-
pensions
10 951
10 951
10 951
-
income

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

13 065
13 065
14 692
-
health
10 811
10 421
11 526
-
total
34 827
34 437
37 169
-
Employer
86 660
79 821
120 129
-
pensions
6 031
5 556
6 905
-
unemployment
3 120
2 874
3 571
-
health
6 022
5 548
6 895
-
total
15 173
13 978
17 371
-
Corporate
35 666
43 701
-
-
income
7 132
8 740
-
-
total
7 132
8 740
-
-
Dividends
28 534
34 961
-
-
withholding
4 280
5 243
-
-
income
6 063
7 429
-
-
total
10 343
12 672
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 475
69 827
54 540
59 700
After tax
70 025
67 673
82 960
77 800
Living cost
51 832
51 832
51 832
51 832
Free-cash
18 193
15 841
31 128
25 968

Estimated living cost  is ₽51832 per week

₽38234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49459
₽71441
₽63154
₽46548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
18 562
social contributions
-
-
-
33 424
solidarity contribution
-
-
-
-
income
-
-
-
12 827
total
-
-
-
64 813
Employee
34 159
-
102 612
-
social contributions
2 220
-
6 670
-
income
4 099
-
12 313
-
solidarity contribution
-
-
-
-
health
4 612
-
13 853
-
total
10 931
-
32 836
-
Employer
34 159
-
102 612
-
social contributions
8 540
-
25 653
-
health
3 074
-
9 235
-
total
11 614
-
34 888
-
Corporate
91 727
137 500
-
-
income
17 428
26 125
-
-
total
17 428
26 125
-
-
Dividends
74 299
111 375
-
-
withholding
11 145
16 706
-
-
total
11 145
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 118
42 831
67 724
64 813
After tax
86 382
94 669
69 776
72 687
Living cost
23 228
23 228
23 228
23 228
Free-cash
63 154
71 441
46 548
49 459

Estimated living cost  is ₽23228 per week

₽16135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27859
₽33921
₽29040
₽21454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
818
regional
-
-
-
1 595
social contributions
-
-
-
35 364
national
-
-
-
32 422
total
-
-
-
70 199
Employee
83 072
-
137 500
-
social contributions
28 012
-
46 366
-
municipal
440
-
729
-
regional
784
-
1 405
-
national
14 394
-
28 104
-
total
43 630
-
76 604
-
Employer
83 072
-
137 500
-
total
-
-
-
-
Corporate
54 428
137 500
-
-
nationa
13 062
33 000
-
-
municipal
2 123
5 362
-
-
total
15 185
38 362
-
-
Dividends
39 242
99 138
-
-
withholding
10 203
25 775
-
-
total
10 203
25 775
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 018
64 137
76 604
70 199
After tax
68 482
73 363
60 896
67 301
Living cost
39 442
39 442
39 442
39 442
Free-cash
29 040
33 921
21 454
27 859

Estimated living cost  is ₽39442 per week

₽27494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
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.
₽8756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44623
₽65863
₽62952
₽40694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 950
health
-
-
-
8 857
surtax
-
-
-
4 791
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
33 440
total
-
-
-
72 251
Employee
30 911
-
113 589
-
surtax
101
-
4 172
-
pensions
2 061
-
7 576
-
other
-
-
-
-
unemployment
2 152
-
7 906
-
income
5 181
-
29 718
-
health
789
-
2 897
-
total
10 284
-
52 269
-
Employer
30 911
-
113 589
-
pensions
4 121
-
15 141
-
other
-
-
-
-
unemployment
979
-
3 601
-
health
1 407
-
5 169
-
total
6 507
-
23 911
-
Corporate
100 083
137 500
-
-
income
26 022
35 749
-
-
total
26 022
35 749
-
-
Dividends
74 061
101 751
-
-
withholding
11 109
15 262
-
-
total
11 109
15 262
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 922
51 011
76 180
72 251
After tax
83 578
86 489
61 320
65 249
Living cost
20 626
20 626
20 626
20 626
Free-cash
62 952
65 863
40 694
44 623

Estimated living cost  is ₽20626 per week

₽12612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50881
₽50528
₽53567
₽38294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 805
income
-
-
-
36 626
total
-
-
-
44 431
Employee
58 554
-
120 347
-
pensions
4 970
-
9 784
-
income
10 546
-
28 238
-
health
850
-
1 843
-
total
16 366
-
39 865
-
Employer
58 554
-
120 347
-
pensions
6 339
-
14 867
-
health
1 112
-
2 286
-
total
7 451
-
17 153
-
Corporate
71 495
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.

13 584
26 125
-
-
total
13 584
26 125
-
-
Dividends
57 911
111 375
-
-
withholding
4 344
18 659
-
-
total
4 344
18 659
-
-
Income
137 500
137 500
137 500
137 500
Total tax
41 745
44 784
57 018
44 431
After tax
95 755
92 716
80 482
93 069
Living cost
42 188
42 188
42 188
42 188
Free-cash
53 567
50 528
38 294
50 881

Estimated living cost  is ₽42188 per week

₽31607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38240
-₽11669
₽20227
₽31552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 964
city
-
-
-
1 449
pensions
-
-
-
12 650
health
-
-
-
310
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.

-
-
-
2 749
national
-
-
-
1 593
total
-
-
-
24 715
Employee
87 237
-
123 068
-
regional
2 857
-
5 108
-
national
413
-
1 276
-
pensions
7 329
-
10 339
-
unemployment
-
-
-
-
city
936
-
1 323
-
health
197
-
278
-
total
11 732
-
18 324
-
Employer
87 237
-
123 068
-
pensions
7 329
-
10 339
-
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.

1 744
-
2 462
-
unemployment
-
-
-
-
health
197
-
278
-
total
9 270
-
13 079
-
Corporate
40 033
137 500
-
-
regional
8 466
29 081
-
-
national
3 402
11 687
-
-
total
11 868
40 768
-
-
Dividends
28 164
96 732
-
-
withholding
9 858
33 856
-
-
total
9 858
33 856
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 728
74 624
31 403
24 715
After tax
94 772
62 876
106 097
112 785
Living cost
74 545
74 545
74 545
74 545
Free-cash
20 227
-11 669
31 552
38 240

Estimated living cost  is ₽74545 per week

₽48476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30502
₽25160
₽40317
₽46629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 127
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.

-
-
-
6 386
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.

-
-
-
2 173
income

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

-
-
-
39 492
total
-
-
-
64 178
Employee

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

56 175
-
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.

364
-
2 173
-
income

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

6 606
-
39 492
-
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.

6 386
-
6 386
-
total
13 356
-
48 051
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 325
137 500
-
-
trade
13 947
23 581
-
-
income
12 198
20 626
-
-
chamber of commerce
257
335
-
-
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.

670
1 135
-
-
total
27 072
45 677
-
-
Dividends
54 251
91 823
-
-
withholding
13 208
22 600
-
-
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.

727
1 243
-
-
total
13 935
23 843
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 363
69 520
48 051
64 178
After tax
83 137
67 980
89 449
73 322
Living cost
42 820
42 820
42 820
42 820
Free-cash
40 317
25 160
46 629
30 502

Estimated living cost  is ₽42820 per week

₽31274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45944
₽37318
₽42840
₽46624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 106
health
-
-
-
4 967
surtax
-
-
-
-
other
-
-
-
4 262
social contributions
-
-
-
3 918
income
-
-
-
19 323
total
-
-
-
59 576
Employee
40 005
-
108 060
-
social contributions
1 141
-
3 078
-
surtax
-
-
-
-
pensions
4 523
-
6 831
-
income
2 361
-
19 550
-
total
8 025
-
29 459
-
Employer
40 005
-
108 060
-
pensions
6 572
-
11 621
-
social contributions
121
-
325
-
other
1 380
-
3 924
-
unemployment
1 619
-
4 376
-
health
2 801
-
9 191
-
total
12 493
-
29 437
-
Corporate
85 002
137 500
-
-
income
23 801
38 501
-
-
surtax
-
-
-
-
total
23 801
38 501
-
-
Dividends
61 201
98 999
-
-
withholding
7 833
12 672
-
-
surtax
-
-
-
-
social contributions
10 528
17 029
-
-
total
18 361
29 701
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 680
68 202
58 896
59 576
After tax
74 820
69 298
78 604
77 924
Living cost
31 980
31 980
31 980
31 980
Free-cash
42 840
37 318
46 624
45 944

Estimated living cost  is ₽31980 per week

₽20165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49113
₽40487
₽45683
₽49793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 106
health
-
-
-
4 967
surtax
-
-
-
-
other
-
-
-
4 262
social contributions
-
-
-
3 918
income
-
-
-
19 323
total
-
-
-
59 576
Employee
35 710
-
108 060
-
social contributions
1 018
-
3 078
-
surtax
-
-
-
-
pensions
4 039
-
6 831
-
income
1 841
-
19 550
-
total
6 898
-
29 459
-
Employer
35 710
-
108 060
-
pensions
5 868
-
11 621
-
social contributions
106
-
325
-
other
1 233
-
3 924
-
unemployment
1 446
-
4 376
-
health
2 499
-
9 191
-
total
11 152
-
29 437
-
Corporate
90 638
137 500
-
-
income
25 378
38 501
-
-
surtax
-
-
-
-
total
25 378
38 501
-
-
Dividends
65 260
98 999
-
-
withholding
8 353
12 672
-
-
surtax
-
-
-
-
social contributions
11 225
17 029
-
-
total
19 578
29 701
-
-
Income
137 500
137 500
137 500
137 500
Total tax
63 006
68 202
58 896
59 576
After tax
74 494
69 298
78 604
77 924
Living cost
28 811
28 811
28 811
28 811
Free-cash
45 683
40 487
49 793
49 113

Estimated living cost  is ₽28811 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68482
₽64070
₽64556
₽66446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 598
social contributions
-
-
-
18 974
income
-
-
-
20 626
total
-
-
-
49 198
Employee
31 693
-
137 500
-
social contributions
4 374
-
18 974
-
income
5 286
-
22 662
-
health
2 212
-
9 598
-
total
11 872
-
51 234
-
Employer
31 693
-
137 500
-
total
-
-
-
-
Corporate
105 807
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%.

5 289
6 875
-
-
total
5 289
6 875
-
-
Dividends
100 518
130 625
-
-
withholding
15 077
19 593
-
-
social contributions
13 871
18 025
-
-
health
7 015
9 117
-
-
total
35 963
46 735
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 124
53 610
51 234
49 198
After tax
84 376
83 890
86 266
88 302
Living cost
19 820
19 820
19 820
19 820
Free-cash
64 556
64 070
66 446
68 482

Estimated living cost  is ₽19820 per week

₽13265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37369
₽43404
₽41956
₽3115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 202
health
-
-
-
8 353
surtax
-
-
-
184
unemployment
-
-
-
5 733
income
-
-
-
32 173
chamber of commerce
-
-
-
550
total
-
-
-
67 195
Employee
46 713
37 250
106 632
-
pensions
4 784
3 814
10 920
-
other
467
372
1 066
-
unemployment
1 401
1 117
3 198
-
income
5 318
2 748
25 500
-
health
1 808
1 442
4 126
-
total
13 778
9 493
44 810
-
Employer
46 713
37 250
106 632
-
payroll
1 401
1 117
3 198
-
chamber of commerce
186
149
426
-
pensions
5 862
4 676
13 382
-
surtax
184
184
184
-
other
2 219
1 768
5 064
-
unemployment
1 401
1 117
3 198
-
accident
607
484
1 385
-
health
1 765
1 408
4 030
-
total
13 625
10 903
30 867
-
Corporate
77 160
89 345
103 085
-
income

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

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

19 290
22 336
25 772
-
total
19 290
22 336
25 772
-
Dividends
57 870
67 009
-
-
withholding
15 915
18 428
-
-
total
15 915
18 428
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 608
61 160
101 449
67 195
After tax
74 892
76 340
36 051
70 305
Living cost
32 936
32 936
32 936
32 936
Free-cash
41 956
43 404
3 115
37 369

Estimated living cost  is ₽32936 per week

₽21967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26139
₽42876
₽28855
₽15847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 522
communal

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

-
-
-
6 959
national
-
-
-
48 799
total
-
-
-
77 280
Employee

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

66 861
-
106 497
-
national
20 556
-
37 099
-
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.

5 015
-
7 987
-
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.

582
-
926
-
communal

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

3 487
-
5 556
-
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.

3 141
-
5 004
-
total
32 781
-
56 572
-
Employer

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

66 861
-
106 497
-
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.

5 925
-
9 435
-
surtax
7 581
-
12 076
-
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.

976
-
1 556
-
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.

869
-
1 384
-
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.

4 112
-
6 549
-
total
19 463
-
31 000
-
Corporate
51 177
137 500
-
-
income
10 235
27 499
-
-
surtax
204
550
-
-
total
10 439
28 049
-
-
Dividends
40 738
109 451
-
-
withholding

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

11 881
32 494
-
-
total
11 881
32 494
-
-
Income
137 500
137 500
137 500
137 500
Total tax
74 564
60 543
87 572
77 280
After tax
62 936
76 957
49 928
60 220
Living cost
34 081
34 081
34 081
34 081
Free-cash
28 855
42 876
15 847
26 139

Estimated living cost  is ₽34081 per week

₽21953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43711
₽58223
₽51339
₽39625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
34 040
total
-
-
-
60 032
Employee
46 528
-
109 880
-
pensions
2 187
-
4 073
-
other
46
-
87
-
unemployment
722
-
1 343
-
income
9 817
-
30 995
-
total
12 772
-
36 498
-
Employer
46 528
-
109 880
-
pensions
10 980
-
20 447
-
other
371
-
694
-
unemployment
2 560
-
4 764
-
accident
921
-
1 715
-
total
14 832
-
27 620
-
Corporate
76 141
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.

11 422
20 626
-
-
total
11 422
20 626
-
-
Dividends
64 719
116 874
-
-
withholding
13 378
24 894
-
-
total
13 378
24 894
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 404
45 520
64 118
60 032
After tax
85 096
91 980
73 382
77 468
Living cost
33 757
33 757
33 757
33 757
Free-cash
51 339
58 223
39 625
43 711

Estimated living cost  is ₽33757 per week

₽24858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20223
₽31118
₽20594
₽25707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 610
health
-
-
-
9 662
surtax
-
-
-
6 817
accident
-
-
-
1 160
communal
-
-
-
8 690
income
-
-
-
19 541
total
-
-
-
66 480
Employee
70 786
-
122 824
-
surtax
4 339
-
7 528
-
pensions
5 662
-
9 825
-
income
6 837
-
23 502
-
health
3 150
-
5 465
-
total
19 988
-
46 320
-
Employer
70 786
-
122 824
-
pensions
5 662
-
9 825
-
accident
637
-
1 105
-
health
2 159
-
3 746
-
total
8 458
-
14 676
-
Corporate
58 257
137 500
-
-
communal
3 933
9 281
-
-
income
8 738
20 626
-
-
surtax
612
1 444
-
-
total
13 283
31 351
-
-
Dividends
44 975
106 150
-
-
withholding
6 746
15 922
-
-
income
17 634
8 312
-
-
total
24 380
24 234
-
-
Income
137 500
137 500
137 500
137 500
Total tax
66 109
55 585
60 996
66 480
After tax
71 391
81 915
76 504
71 020
Living cost
50 797
50 797
50 797
50 797
Free-cash
20 594
31 118
25 707
20 223

Estimated living cost  is ₽50797 per week

₽38105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44254
₽65494
₽62518
₽40325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 950
health
-
-
-
8 857
surtax
-
-
-
4 791
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
33 440
total
-
-
-
72 251
Employee
31 478
-
113 589
-
surtax
112
-
4 172
-
pensions
2 100
-
7 576
-
other
-
-
-
-
unemployment
2 191
-
7 906
-
income
5 277
-
29 718
-
health
804
-
2 897
-
total
10 484
-
52 269
-
Employer
31 478
-
113 589
-
pensions
4 197
-
15 141
-
other
-
-
-
-
unemployment
999
-
3 601
-
health
1 431
-
5 169
-
total
6 627
-
23 911
-
Corporate
99 395
137 500
-
-
income
25 843
35 749
-
-
total
25 843
35 749
-
-
Dividends
73 552
101 751
-
-
withholding
11 033
15 262
-
-
total
11 033
15 262
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 987
51 011
76 180
72 251
After tax
83 513
86 489
61 320
65 249
Living cost
20 995
20 995
20 995
20 995
Free-cash
62 518
65 494
40 325
44 254

Estimated living cost  is ₽20995 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41644
₽47093
₽45018
₽35271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
818
regional
-
-
-
2 073
social contributions
-
-
-
35 364
national
-
-
-
32 422
total
-
-
-
70 677
Employee
51 850
-
137 500
-
social contributions
17 484
-
46 366
-
municipal
275
-
729
-
regional
698
-
1 851
-
national
8 215
-
28 104
-
total
26 672
-
77 050
-
Employer
51 850
-
137 500
-
total
-
-
-
-
Corporate
85 650
137 500
-
-
nationa
20 557
33 000
-
-
municipal
4 257
6 834
-
-
total
24 814
39 834
-
-
Dividends
60 836
97 666
-
-
withholding
15 817
25 394
-
-
total
15 817
25 394
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 303
65 228
77 050
70 677
After tax
70 197
72 272
60 450
66 823
Living cost
25 179
25 179
25 179
25 179
Free-cash
45 018
47 093
35 271
41 644

Estimated living cost  is ₽25179 per week

₽15659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
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.
₽6538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44064
₽66046
₽55835
₽41153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
18 562
social contributions
-
-
-
33 424
solidarity contribution
-
-
-
-
income
-
-
-
12 827
total
-
-
-
64 813
Employee
42 093
-
102 612
-
social contributions
2 736
-
6 670
-
income
5 051
-
12 313
-
solidarity contribution
-
-
-
-
health
5 683
-
13 853
-
total
13 470
-
32 836
-
Employer
42 093
-
102 612
-
social contributions
10 523
-
25 653
-
health
3 788
-
9 235
-
total
14 311
-
34 888
-
Corporate
81 095
137 500
-
-
income
15 408
26 125
-
-
total
15 408
26 125
-
-
Dividends
65 687
111 375
-
-
withholding
9 853
16 706
-
-
total
9 853
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 042
42 831
67 724
64 813
After tax
84 458
94 669
69 776
72 687
Living cost
28 623
28 623
28 623
28 623
Free-cash
55 835
66 046
41 153
44 064

Estimated living cost  is ₽28623 per week

₽21286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40668
₽46620
₽46155
₽6267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 202
health
-
-
-
8 353
surtax
-
-
-
-
unemployment
-
-
-
5 733
income
-
-
-
32 173
chamber of commerce
-
-
-
550
total
-
-
-
67 011
Employee
40 859
37 250
106 769
-
pensions
4 184
3 814
10 934
-
other
408
372
1 068
-
unemployment
1 226
1 117
3 203
-
income
3 640
2 748
25 546
-
health
1 580
1 442
4 131
-
total
11 038
9 493
44 882
-
Employer
40 859
37 250
106 769
-
payroll
1 226
1 117
3 203
-
chamber of commerce
163
149
427
-
pensions
5 128
4 676
13 399
-
surtax
-
-
-
-
other
1 941
1 768
5 071
-
unemployment
1 226
1 117
3 203
-
accident
530
484
1 387
-
health
1 545
1 408
4 035
-
total
11 759
10 719
30 725
-
Corporate
84 882
89 529
103 225
-
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.

21 220
22 382
25 805
-
total
21 220
22 382
25 805
-
Dividends
63 662
67 147
-
-
withholding
17 507
18 465
-
-
total
17 507
18 465
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 524
61 059
101 412
67 011
After tax
75 976
76 441
36 088
70 489
Living cost
29 821
29 821
29 821
29 821
Free-cash
46 155
46 620
6 267
40 668

Estimated living cost  is ₽29821 per week

₽17889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124223
₽118723
₽116491
₽98098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 878
-
137 500
-
income
2 976
-
27 500
-
total
2 976
-
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%.

122 622
137 500
-
-
total
-
-
-
-
Dividends
122 622
137 500
-
-
withholding
6 131
6 875
-
-
total
6 131
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
9 107
6 875
27 500
1 375
After tax
128 393
130 625
110 000
136 125
Living cost
11 902
11 902
11 902
11 902
Free-cash
116 491
118 723
98 098
124 223

Estimated living cost  is ₽11902 per week

₽8054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43462
₽69598
₽61779
₽39820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 112
health
-
-
-
13 529
unemployment
-
-
-
206
income
-
-
-
30 120
total
-
-
-
68 967
Employee

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

41 334
-
118 976
-
pensions
6 407
-
18 441
-
unemployment
59
-
167
-
income
7 128
-
27 791
-
health
2 670
-
7 686
-
total
16 264
-
54 085
-
Employer

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

41 334
-
118 976
-
pensions
3 658
-
10 529
-
unemployment
25
-
71
-
health
2 753
-
7 924
-
total
6 436
-
18 524
-
Corporate
89 731
137 500
-
-
income
17 048
26 125
-
-
total
17 048
26 125
-
-
Dividends
72 683
111 375
-
-
withholding
10 902
16 706
-
-
total
10 902
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
50 650
42 831
72 609
68 967
After tax
86 850
94 669
64 891
68 533
Living cost
25 071
25 071
25 071
25 071
Free-cash
61 779
69 598
39 820
43 462

Estimated living cost  is ₽25071 per week

₽17206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54242
₽42873
-₽3427
₽84284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 675
income
-
-
-
26 801
total
-
-
-
42 476
Employee
58 476
-
-
-
social contributions
4 795
-
683
-
income
12 899
-
-
-
total
17 694
-
683
-
Employer
58 476
-
-
-
social contributions
82 451
-
11 751
-
total
82 451
-
11 751
-
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
100 145
53 845
12 434
42 476
After tax
37 355
83 655
125 066
95 024
Living cost
40 782
40 782
40 782
40 782
Free-cash
-3 427
42 873
84 284
54 242

Estimated living cost  is ₽40782 per week

₽26461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45259
₽48889
₽47949
₽35636
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
47 781
income
-
-
-
15 141
total
-
-
-
62 922
Employee
42 990
-
111 111
-
social contributions
4 729
-
12 222
-
surtax
-
-
-
-
income
8 942
-
33 934
-
total
13 671
-
46 156
-
Employer
42 990
-
111 111
-
social contributions
10 210
-
26 389
-
total
10 210
-
26 389
-
Corporate
84 300
137 500
-
-
income
17 703
28 876
-
-
surtax
-
-
-
-
total
17 703
28 876
-
-
Dividends
66 597
108 624
-
-
withholding
18 648
30 416
-
-
total
18 648
30 416
-
-
Income
137 500
137 500
137 500
137 500
Total tax
60 232
59 292
72 545
62 922
After tax
77 268
78 208
64 955
74 578
Living cost
29 319
29 319
29 319
29 319
Free-cash
47 949
48 889
35 636
45 259

Estimated living cost  is ₽29319 per week

₽21937
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.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32778
₽24152
₽30580
₽33458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 106
health
-
-
-
4 967
surtax
-
-
-
-
other
-
-
-
4 262
social contributions
-
-
-
3 918
income
-
-
-
19 323
total
-
-
-
59 576
Employee
58 543
-
108 060
-
social contributions
1 667
-
3 078
-
surtax
-
-
-
-
pensions
6 622
-
6 831
-
income
5 108
-
19 550
-
total
13 397
-
29 459
-
Employer
58 543
-
108 060
-
pensions
9 619
-
11 621
-
social contributions
176
-
325
-
other
2 020
-
3 924
-
unemployment
2 372
-
4 376
-
health
4 097
-
9 191
-
total
18 284
-
29 437
-
Corporate
60 672
137 500
-
-
income
16 988
38 501
-
-
surtax
-
-
-
-
total
16 988
38 501
-
-
Dividends
43 684
98 999
-
-
withholding
5 591
12 672
-
-
surtax
-
-
-
-
social contributions
7 514
17 029
-
-
total
13 105
29 701
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 774
68 202
58 896
59 576
After tax
75 726
69 298
78 604
77 924
Living cost
45 146
45 146
45 146
45 146
Free-cash
30 580
24 152
33 458
32 778

Estimated living cost  is ₽45146 per week

₽30554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74104
₽95652
₽92513
₽77759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 251
income
-
-
-
5 048
total
-
-
-
35 299
Employee
30 050
-
119 047
-
social contributions
1 953
-
7 737
-
income
-
-
5 454
-
total
1 953
-
13 191
-
Employer
30 050
-
119 047
-
social contributions
4 658
-
18 453
-
total
4 658
-
18 453
-
Corporate
102 792
137 500
-
-
income
10 279
13 751
-
-
total
10 279
13 751
-
-
Dividends
92 512
123 749
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
16 890
13 751
31 644
35 299
After tax
120 610
123 749
105 856
102 201
Living cost
28 097
28 097
28 097
28 097
Free-cash
92 513
95 652
77 759
74 104

Estimated living cost  is ₽28097 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37688
-₽65923
-₽65923
-₽65923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 841
pensions
-
-
-
809
labour market
-
-
-
10 935
national
-
-
-
15 262
total
-
-
-
54 847
Employee
189 787
189 787
189 787
-
municipal
40 414
40 414
40 414
-
national
23 186
23 186
23 186
-
pensions
270
270
270
-
labour market
15 161
15 161
15 161
-
total
79 031
79 031
79 031
-
Employer
189 787
189 787
189 787
-
labour market
15 183
15 183
15 183
-
pensions
540
540
540
-
municipal
40 478
40 478
40 478
-
national
23 226
23 226
23 226
-
total
79 427
79 427
79 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
158 458
158 458
158 458
54 847
After tax
-20 958
-20 958
-20 958
82 653
Living cost
44 965
44 965
44 965
44 965
Free-cash
-65 923
-65 923
-65 923
37 688

Estimated living cost  is ₽44965 per week

₽30775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73498
-₽9468
₽7977
₽53029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
36 775
total
-
-
-
43 396
Employee
32 415
-
122 000
-
pensions
3 650
-
7 253
-
income
4 447
-
27 143
-
health
3 712
-
13 969
-
total
11 809
-
48 365
-
Employer
32 415
-
122 000
-
pensions
5 271
-
10 474
-
unemployment
794
-
2 989
-
accident
541
-
2 037
-
total
6 606
-
15 500
-
Corporate
98 479
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.

88 631
123 750
-
-
total
88 631
123 750
-
-
Dividends
9 848
13 750
-
-
withholding
1 871
2 612
-
-
total
1 871
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
108 917
126 362
63 865
43 396
After tax
28 583
11 138
73 635
94 104
Living cost
20 606
20 606
20 606
20 606
Free-cash
7 977
-9 468
53 029
73 498

Estimated living cost  is ₽20606 per week

₽14999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56744
₽51961
₽53660
₽37970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 440
health
-
-
-
1 728
national
-
-
-
18 702
total
-
-
-
44 870
Employee
49 178
-
115 673
-
municipal
8 055
-
18 854
-
national
812
-
12 030
-
pensions
3 319
-
7 808
-
unemployment
738
-
1 735
-
health
367
-
1 391
-
total
13 291
-
41 818
-
Employer
49 178
-
115 673
-
pensions
8 532
-
20 069
-
unemployment
319
-
752
-
accident
50
-
115
-
health
378
-
890
-
total
9 279
-
21 826
-
Corporate
79 044
137 500
-
-
income
15 808
27 499
-
-
total
15 808
27 499
-
-
Dividends

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

47 427
82 500
-
-
municipal
8 537
14 850
-
-
national
1 039
7 304
-
-
total
9 576
22 154
-
-
Income
137 500
137 500
137 500
137 500
Total tax
47 954
49 653
63 644
44 870
After tax
89 546
87 847
73 856
92 630
Living cost
35 886
35 886
35 886
35 886
Free-cash
53 660
51 961
37 970
56 744

Estimated living cost  is ₽35886 per week

₽23441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73699
₽78757
₽73670
₽72417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 507
social contributions
-
-
-
15 123
income
-
-
-
23 530
total
-
-
-
42 160
Employee
71 876
71 876
127 102
-
social contributions
2 717
5 965
8 046
-
income
7 826
6 654
22 838
-
health
557
1 222
2 160
-
total
11 100
13 841
33 044
-
Employer
71 876
71 876
127 102
-
social contributions
2 717
5 965
8 046
-
health
605
1 330
2 352
-
total
3 322
7 295
10 398
-
Corporate
101 436
58 329
-
-
income
12 679
7 290
-
-
total
12 679
7 290
-
-
Dividends
88 757
51 038
-
-
withholding
15 088
8 676
-
-
total
15 088
8 676
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 189
37 102
43 442
42 160
After tax
95 311
100 398
94 058
95 340
Living cost
21 641
21 641
21 641
21 641
Free-cash
73 670
78 757
72 417
73 699

Estimated living cost  is ₽21641 per week

₽12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99538
₽99021
₽94268
₽80790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 946
health
-
-
-
3 383
unemployment
-
-
-
27
income
-
-
-
13 765
total
-
-
-
23 121
Employee

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

21 455
-
128 365
-
pensions
3 218
-
13 304
-
unemployment
106
-
443
-
income
1 467
-
11 448
-
health
1 823
-
7 539
-
total
6 614
-
32 734
-
Employer

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

21 455
-
128 365
-
pensions
1 180
-
4 878
-
unemployment
106
-
443
-
health
922
-
3 814
-
total
2 208
-
9 135
-
Corporate
113 837
137 500
-
-
income
10 246
12 376
-
-
total
10 246
12 376
-
-
Dividends
103 591
125 124
-
-
withholding
9 323
11 262
-
-
total
9 323
11 262
-
-
Income
137 500
137 500
137 500
137 500
Total tax
28 391
23 638
41 869
23 121
After tax
109 109
113 862
95 631
114 379
Living cost
14 841
14 841
14 841
14 841
Free-cash
94 268
99 021
80 790
99 538

Estimated living cost  is ₽14841 per week

₽9469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51764
₽66276
₽61935
₽47678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
34 040
total
-
-
-
60 032
Employee
34 562
-
109 880
-
pensions
1 625
-
4 073
-
other
34
-
87
-
unemployment
536
-
1 343
-
income
6 663
-
30 995
-
total
8 858
-
36 498
-
Employer
34 562
-
109 880
-
pensions
8 156
-
20 447
-
other
277
-
694
-
unemployment
1 902
-
4 764
-
accident
685
-
1 715
-
total
11 020
-
27 620
-
Corporate
91 919
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.

13 788
20 626
-
-
total
13 788
20 626
-
-
Dividends
78 131
116 874
-
-
withholding
16 195
24 894
-
-
total
16 195
24 894
-
-
Income
137 500
137 500
137 500
137 500
Total tax
49 861
45 520
64 118
60 032
After tax
87 639
91 980
73 382
77 468
Living cost
25 704
25 704
25 704
25 704
Free-cash
61 935
66 276
47 678
51 764

Estimated living cost  is ₽25704 per week

₽17350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86485
₽83979
₽83680
₽86356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
46 903
total
-
-
-
49 194
Employee
2 773
-
136 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
46 833
-
health
139
-
332
-
total
953
-
47 829
-
Employer
2 773
-
136 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
134 103
137 500
-
-
income
29 503
30 250
-
-
total
29 503
30 250
-
-
Dividends
104 600
107 250
-
-
withholding
20 920
21 450
-
-
total
20 920
21 450
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 999
51 700
49 323
49 194
After tax
85 501
85 800
88 177
88 306
Living cost
1 821
1 821
1 821
1 821
Free-cash
83 680
83 979
86 356
86 485

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64776
₽83189
₽78592
₽64777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 949
health
-
-
-
7 111
unemployment
-
-
-
1 036
income
-
-
-
30 473
total
-
-
-
56 569
Employee

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

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

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

24 361
-
125 143
-
pensions
3 410
-
9 665
-
unemployment
183
-
518
-
income
3 358
-
30 473
-
health
1 255
-
3 555
-
total
8 206
-
44 211
-
Employer

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

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

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

24 361
-
125 143
-
pensions
2 923
-
8 284
-
unemployment
183
-
518
-
health
1 255
-
3 555
-
total
4 361
-
12 357
-
Corporate
108 779
137 500
-
-
income
16 317
20 625
-
-
total
16 317
20 625
-
-
Dividends
92 462
116 875
-
-
withholding
13 869
17 531
-
-
total
13 869
17 531
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 753
38 156
56 568
56 569
After tax
94 747
99 344
80 932
80 931
Living cost
16 155
16 155
16 155
16 155
Free-cash
78 592
83 189
64 777
64 776

Estimated living cost  is ₽16155 per week

₽10877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49379
₽53009
₽52674
₽39756
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
47 781
income
-
-
-
15 141
total
-
-
-
62 922
Employee
36 279
-
111 111
-
social contributions
3 991
-
12 222
-
surtax
-
-
-
-
income
7 089
-
33 934
-
total
11 080
-
46 156
-
Employer
36 279
-
111 111
-
social contributions
8 615
-
26 389
-
total
8 615
-
26 389
-
Corporate
92 606
137 500
-
-
income
19 448
28 876
-
-
surtax
-
-
-
-
total
19 448
28 876
-
-
Dividends
73 158
108 624
-
-
withholding
20 484
30 416
-
-
total
20 484
30 416
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 627
59 292
72 545
62 922
After tax
77 873
78 208
64 955
74 578
Living cost
25 199
25 199
25 199
25 199
Free-cash
52 674
53 009
39 756
49 379

Estimated living cost  is ₽25199 per week

₽17848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44618
₽59130
₽52566
₽40532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
34 040
total
-
-
-
60 032
Employee
45 143
-
109 880
-
pensions
2 121
-
4 073
-
other
44
-
87
-
unemployment
699
-
1 343
-
income
9 429
-
30 995
-
total
12 293
-
36 498
-
Employer
45 143
-
109 880
-
pensions
10 653
-
20 447
-
other
362
-
694
-
unemployment
2 483
-
4 764
-
accident
894
-
1 715
-
total
14 392
-
27 620
-
Corporate
77 965
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.

11 695
20 626
-
-
total
11 695
20 626
-
-
Dividends
66 270
116 874
-
-
withholding
13 704
24 894
-
-
total
13 704
24 894
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 084
45 520
64 118
60 032
After tax
85 416
91 980
73 382
77 468
Living cost
32 850
32 850
32 850
32 850
Free-cash
52 566
59 130
40 532
44 618

Estimated living cost  is ₽32850 per week

₽23592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92064
₽101474
₽95775
₽97164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
20 625
total
-
-
-
29 348
Employee
21 302
-
131 091
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 868
-
income
2 131
-
13 109
-
health
980
-
1 503
-
total
5 215
-
17 839
-
Employer
21 302
-
131 091
-
pensions

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

2 347
-
3 600
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 470
-
2 254
-
total
4 179
-
6 409
-
Corporate
112 018
137 500
-
-
income
11 202
13 750
-
-
total
11 202
13 750
-
-
Dividends
100 816
123 750
-
-
withholding
5 041
6 188
-
-
total
5 041
6 188
-
-
Income
137 500
137 500
137 500
137 500
Total tax
25 637
19 938
24 248
29 348
After tax
111 863
117 562
113 252
108 152
Living cost
16 088
16 088
16 088
16 088
Free-cash
95 775
101 474
97 164
92 064

Estimated living cost  is ₽16088 per week

₽10640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39867
₽34719
₽46950
₽53362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 495
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.

-
-
-
6 386
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.

-
-
-
2 173
income

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

-
-
-
39 492
total
-
-
-
61 546
Employee

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

46 508
-
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.

211
-
2 173
-
income

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

3 824
-
39 492
-
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.

6 386
-
6 386
-
total
10 421
-
48 051
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 992
137 500
-
-
trade
13 057
19 732
-
-
income
13 649
20 626
-
-
chamber of commerce
275
344
-
-
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.

750
1 135
-
-
total
27 731
41 837
-
-
Dividends
63 260
95 663
-
-
withholding
15 461
23 560
-
-
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.

850
1 297
-
-
total
16 311
24 857
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 463
66 694
48 051
61 546
After tax
83 037
70 806
89 449
75 954
Living cost
36 087
36 087
36 087
36 087
Free-cash
46 950
34 719
53 362
39 867

Estimated living cost  is ₽36087 per week

₽24894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
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.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22392
₽43004
₽45068
₽22392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 311
income
-
-
-
39 551
total
-
-
-
61 862
Employee
73 116
-
137 500
-
social contributions
6 074
-
22 311
-
income
13 797
-
39 551
-
total
19 871
-
61 862
-
Employer
73 116
-
137 500
-
total
-
-
-
-
Corporate
64 384
137 500
-
-
income
8 048
17 188
-
-
total
8 048
17 188
-
-
Dividends
56 336
120 312
-
-
withholding
11 267
24 062
-
-
total
11 267
24 062
-
-
Income
137 500
137 500
137 500
137 500
Total tax
39 186
41 250
61 862
61 862
After tax
98 314
96 250
75 638
75 638
Living cost
53 246
53 246
53 246
53 246
Free-cash
45 068
43 004
22 392
22 392

Estimated living cost  is ₽53246 per week

₽40508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71229
₽50506
₽53773
₽65490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 733
income
-
-
-
26 607
total
-
-
-
32 340
Employee
42 879
-
133 200
-
social contributions
4 296
-
4 300
-
income
4 653
-
29 479
-
total
8 949
-
33 779
-
Employer
42 879
-
133 200
-
social contributions
4 296
-
4 300
-
total
4 296
-
4 300
-
Corporate
90 324
137 500
-
-
income
31 613
48 125
-
-
total
31 613
48 125
-
-
Dividends
58 712
89 375
-
-
social contributions
4 938
4 938
-
-
total
4 938
4 938
-
-
Income
137 500
137 500
137 500
137 500
Total tax
49 796
53 063
38 079
32 340
After tax
87 704
84 437
99 421
105 160
Living cost
33 931
33 931
33 931
33 931
Free-cash
53 773
50 506
65 490
71 229

Estimated living cost  is ₽33931 per week

₽22350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58771
₽58418
₽63516
₽46184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 805
income
-
-
-
36 626
total
-
-
-
44 431
Employee
47 078
-
120 347
-
pensions
3 593
-
9 784
-
income
8 573
-
28 238
-
health
614
-
1 843
-
total
12 780
-
39 865
-
Employer
47 078
-
120 347
-
pensions
4 756
-
14 867
-
health
895
-
2 286
-
total
5 651
-
17 153
-
Corporate
84 770
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.

16 106
26 125
-
-
total
16 106
26 125
-
-
Dividends
68 665
111 375
-
-
withholding
5 149
18 659
-
-
total
5 149
18 659
-
-
Income
137 500
137 500
137 500
137 500
Total tax
39 686
44 784
57 018
44 431
After tax
97 814
92 716
80 482
93 069
Living cost
34 298
34 298
34 298
34 298
Free-cash
63 516
58 418
46 184
58 771

Estimated living cost  is ₽34298 per week

₽23528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71458
-₽11508
₽7663
₽50988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
36 775
total
-
-
-
43 396
Employee
35 624
-
122 000
-
pensions
4 011
-
7 253
-
income
4 887
-
27 143
-
health
4 079
-
13 969
-
total
12 977
-
48 365
-
Employer
35 624
-
122 000
-
pensions
5 792
-
10 474
-
unemployment
873
-
2 989
-
accident
595
-
2 037
-
total
7 260
-
15 500
-
Corporate
94 616
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.

85 155
123 750
-
-
total
85 155
123 750
-
-
Dividends
9 462
13 750
-
-
withholding
1 798
2 612
-
-
total
1 798
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
107 190
126 362
63 865
43 396
After tax
30 310
11 138
73 635
94 104
Living cost
22 646
22 646
22 646
22 646
Free-cash
7 663
-11 508
50 988
71 458

Estimated living cost  is ₽22646 per week

₽16620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64812
₽103093
₽98725
₽82091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 300
health insurance
-
-
-
10 175
work injury
-
-
-
688
unemployment
-
-
-
1 650
income
-
-
-
22 262
total
-
-
-
60 075
Employee

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

20 182
-
137 500
-
pensions
3 713
-
13 739
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
22 262
-
work injury
101
-
373
-
total
7 567
-
42 796
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 318
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%.

1 173
1 375
-
-
total
1 173
1 375
-
-
Dividends
116 145
136 125
-
-
withholding
17 422
20 419
-
-
total
17 422
20 419
-
-
Income
137 500
137 500
137 500
137 500
Total tax
26 162
21 794
42 796
60 075
After tax
111 338
115 706
94 704
77 425
Living cost
12 613
12 613
12 613
12 613
Free-cash
98 725
103 093
82 091
64 812

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28439
₽35189
₽30937
₽22254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
919
regional
-
-
-
3 119
social contributions
-
-
-
35 364
national
-
-
-
32 422
total
-
-
-
71 824
Employee
78 766
-
137 500
-
social contributions
26 559
-
46 366
-
municipal
470
-
819
-
regional
1 189
-
2 720
-
national
13 311
-
28 104
-
total
41 529
-
78 009
-
Employer
78 766
-
137 500
-
total
-
-
-
-
Corporate
58 734
137 500
-
-
nationa
14 096
33 000
-
-
municipal
2 831
6 627
-
-
total
16 927
39 627
-
-
Dividends
41 807
97 873
-
-
withholding
10 870
25 447
-
-
total
10 870
25 447
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 326
65 074
78 009
71 824
After tax
68 174
72 426
59 491
65 676
Living cost
37 237
37 237
37 237
37 237
Free-cash
30 937
35 189
22 254
28 439

Estimated living cost  is ₽37237 per week

₽26157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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