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
₽60902
₽40650
₽46195
₽51152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
39 212
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.

-
-
-
2 158
trade
-
-
-
14 707
total
-
-
-
62 560
Employee

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

36 298
-
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.

56
-
2 158
-
income

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

1 014
-
39 212
-
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.

6 483
-
6 483
-
total
7 553
-
47 853
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 202
137 500
-
-
chamber of commerce
290
342
-
-
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.

836
1 135
-
-
trade
15 938
21 657
-
-
income
15 180
20 625
-
-
total
32 244
43 759
-
-
Dividends
68 957
93 742
-
-
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.

927
1 270
-
-
withholding
16 879
23 076
-
-
total
17 806
24 346
-
-
Income
137 500
137 500
137 500
137 500
Total tax
57 603
68 105
47 853
62 560
After tax
79 897
69 395
89 647
74 940
Living cost
28 745
28 745
28 745
28 745
Free-cash
51 152
40 650
60 902
46 195

Estimated living cost  is ₽28745 per week

₽18082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
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.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32602
₽35535
₽31523
₽34698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
1 478
pensions
-
-
-
16 500
national
-
-
-
22 934
municipal
-
-
-
14 800
total
-
-
-
55 712
Employee
77 919
-
118 868
-
municipal
9 624
-
15 332
-
national
14 914
-
23 759
-
pensions
3 117
-
4 755
-
total
27 655
-
43 846
-
Employer
77 919
-
118 868
-
pensions
6 234
-
9 509
-
social contributions
838
-
1 278
-
total
7 072
-
10 787
-
Corporate
47 367
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%.

9 473
27 500
-
-
total
9 473
27 500
-
-
Dividends
37 893
110 000
-
-
withholding
8 337
24 200
-
-
total
8 337
24 200
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 537
51 700
54 633
55 712
After tax
84 963
85 800
82 867
81 788
Living cost
50 265
50 265
50 265
50 265
Free-cash
34 698
35 535
32 602
31 523

Estimated living cost  is ₽50265 per week

₽34164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64544
₽90255
₽24152
₽82472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 361
income
-
-
-
22 180
surtax
-
-
-
35 063
microenterprise
-
-
-
-
total
-
-
-
93 604
Employee
27 731
-
97 719
-
surtax
-
-
-
-
social contributions

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

3 051
-
10 750
-
income
4 936
-
18 922
-
total
7 987
-
29 672
-
Employer
27 731
-
97 719
-
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.

6 680
-
23 540
-
total
6 680
-
23 540
-
Corporate
103 089
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%.

20 617
27 501
-
-
total
20 617
27 501
-
-
Dividends

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

82 472
109 999
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
35 284
27 501
53 212
93 604
After tax
102 216
109 999
84 288
43 896
Living cost
19 744
19 744
19 744
19 744
Free-cash
82 472
90 255
64 544
24 152

Estimated living cost  is ₽19744 per week

₽12596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42931
₽27875
₽38219
₽22063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 703
income
-
-
-
36 703
pensions
-
-
-
11 119
total
-
-
-
59 525
Employee
81 043
81 043
119 863
-
income

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

13 265
13 265
14 355
-
pensions
14 588
11 119
11 119
-
health
12 439
10 581
11 703
-
total
40 292
34 965
37 177
-
Employer
81 043
81 043
119 863
-
unemployment
2 918
2 918
3 625
-
health
5 633
5 633
7 000
-
pensions
5 641
5 641
7 011
-
total
14 192
14 192
17 636
-
Corporate
43 259
42 265
-
-
income
8 652
8 454
-
-
total
8 652
8 454
-
-
Dividends
34 608
33 812
-
-
income
7 355
7 186
-
-
withholding
5 190
5 072
-
-
total
12 545
12 258
-
-
Income
137 500
137 500
137 500
137 500
Total tax
75 681
69 869
54 813
59 525
After tax
61 819
67 631
82 687
77 975
Living cost
39 756
39 756
39 756
39 756
Free-cash
22 063
27 875
42 931
38 219

Estimated living cost  is ₽39756 per week

₽28174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32188
₽35566
₽33252
₽34678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
10 062
health
-
-
-
5 403
accident
-
-
-
173
pensions
-
-
-
9 360
national
-
-
-
6 132
unemployment
-
-
-
87
municipal
-
-
-
33 522
total
-
-
-
64 739
Employee
56 296
-
110 294
-
municipal
16 788
-
32 890
-
national
-
-
5 707
-
total
16 788
-
38 597
-
Employer
56 296
-
110 294
-
other
6 542
-
10 062
-
unemployment
1 486
-
2 286
-
health
3 462
-
5 325
-
accident
113
-
173
-
pensions
6 086
-
9 360
-
total
17 689
-
27 206
-
Corporate
63 516
137 500
-
-
income
13 973
30 250
-
-
total
13 973
30 250
-
-
Dividends
49 542
107 250
-
-
withholding
14 863
32 175
-
-
total
14 863
32 175
-
-
Income
137 500
137 500
137 500
137 500
Total tax
63 313
62 425
65 803
64 739
After tax
74 187
75 075
71 697
72 761
Living cost
39 509
39 509
39 509
39 509
Free-cash
34 678
35 566
32 188
33 252

Estimated living cost  is ₽39509 per week

₽26185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52365
₽31411
₽37005
₽44745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
39 212
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.

-
-
-
2 158
trade
-
-
-
15 360
total
-
-
-
63 213
Employee

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

48 127
-
137 500
-
surtax

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

227
-
2 158
-
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.

4 135
-
39 212
-
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.

6 483
-
6 483
-
total
10 845
-
47 853
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 373
137 500
-
-
chamber of commerce
272
340
-
-
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.

737
1 135
-
-
trade
14 701
22 618
-
-
income
13 406
20 625
-
-
total
29 116
44 718
-
-
Dividends
60 257
92 782
-
-
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.

809
1 255
-
-
withholding
14 703
22 834
-
-
total
15 512
24 089
-
-
Income
137 500
137 500
137 500
137 500
Total tax
55 473
68 807
47 853
63 213
After tax
82 027
68 693
89 647
74 287
Living cost
37 282
37 282
37 282
37 282
Free-cash
44 745
31 411
52 365
37 005

Estimated living cost  is ₽37282 per week

₽24934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63395
₽69621
₽64686
₽65687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 355
health
-
-
-
3 506
income
-
-
-
23 171
total
-
-
-
42 032
Employee
72 976
72 976
126 982
-
social contributions
3 546
6 057
8 169
-
income
7 663
6 755
22 478
-
health
726
1 241
2 159
-
total
11 935
14 053
32 806
-
Employer
72 976
72 976
126 982
-
health
791
1 351
2 348
-
social contributions
3 546
6 057
8 169
-
total
4 337
7 408
10 517
-
Corporate
90 447
57 117
-
-
income
11 306
7 139
-
-
total
11 306
7 139
-
-
Dividends
79 140
49 978
-
-
withholding
13 453
8 497
-
-
total
13 453
8 497
-
-
Income
137 500
137 500
137 500
137 500
Total tax
41 031
37 097
43 323
42 032
After tax
96 469
100 403
94 177
95 468
Living cost
30 782
30 782
30 782
30 782
Free-cash
65 687
69 621
63 395
64 686

Estimated living cost  is ₽30782 per week

₽21042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62166
₽59763
₽77708
₽60128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 625
income
-
-
-
16 809
pensions
-
-
-
13 750
unemployment
-
-
-
2 063
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.

25 327
10 080
115 063
-
income
3 096
1 232
14 066
-
pensions
2 533
1 008
11 506
-
health
1 773
706
8 054
-
unemployment
380
151
1 726
-
total
7 782
3 097
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.

25 327
10 080
115 063
-
pensions
4 939
1 966
22 437
-
total
4 939
1 966
22 437
-
Corporate
107 235
125 455
-
-
income
9 651
11 291
-
-
total
9 651
11 291
-
-
Dividends
97 583
114 164
-
-
social contributions
18 914
22 147
-
-
withholding
18 541
21 691
-
-
total
37 455
43 838
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 827
60 192
57 789
42 247
After tax
77 673
77 308
79 711
95 253
Living cost
17 545
17 545
17 545
17 545
Free-cash
60 128
59 763
62 166
77 708

Estimated living cost  is ₽17545 per week

₽11973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56330
₽87076
₽50775
₽81183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 875
income
-
-
-
18 426
pensions
-
-
-
27 501
total
-
-
-
63 802
Employee
26 922
-
102 767
-
income
3 031
-
19 814
-
pensions
538
-
2 055
-
unemployment
430
-
1 644
-
total
3 999
-
23 513
-
Employer
26 922
-
102 767
-
unemployment
216
-
821
-
health
3 499
-
13 360
-
pensions
5 385
-
20 553
-
total
9 100
-
34 734
-
Corporate
101 477
137 500
-
-
income
20 295
27 501
-
-
total
20 295
27 501
-
-
Dividends
81 182
109 999
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
33 394
27 501
58 247
63 802
After tax
104 106
109 999
79 253
73 698
Living cost
22 923
22 923
22 923
22 923
Free-cash
81 183
87 076
56 330
50 775

Estimated living cost  is ₽22923 per week

₽15722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52577
-₽9890
₽73080
₽7912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
36 737
pensions
-
-
-
3 977
total
-
-
-
43 393
Employee
33 077
-
121 946
-
income
4 538
-
27 088
-
pensions
3 725
-
7 292
-
health
3 787
-
13 963
-
total
12 050
-
48 343
-
Employer
33 077
-
121 946
-
unemployment
810
-
2 987
-
accident
552
-
2 036
-
pensions
5 379
-
10 530
-
total
6 741
-
15 553
-
Corporate
97 682
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.

87 914
123 750
-
-
total
87 914
123 750
-
-
Dividends
9 768
13 750
-
-
withholding
1 856
2 613
-
-
total
1 856
2 613
-
-
Income
137 500
137 500
137 500
137 500
Total tax
108 561
126 363
63 896
43 393
After tax
28 939
11 137
73 604
94 107
Living cost
21 027
21 027
21 027
21 027
Free-cash
7 912
-9 890
52 577
73 080

Estimated living cost  is ₽21027 per week

₽15411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102136
₽122761
₽128261
₽121287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 830
-
137 500
-
income
1 966
-
27 500
-
total
1 966
-
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%.

127 670
137 500
-
-
total
-
-
-
-
Dividends
127 670
137 500
-
-
withholding
6 383
6 875
-
-
total
6 383
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
8 349
6 875
27 500
1 375
After tax
129 151
130 625
110 000
136 125
Living cost
7 864
7 864
7 864
7 864
Free-cash
121 287
122 761
102 136
128 261

Estimated living cost  is ₽7864 per week

₽4874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53354
₽75733
₽47666
₽69323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
6 532
health
-
-
-
6 049
income
-
-
-
18 964
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.

-
-
-
33 001
total
-
-
-
64 546
Employee
34 458
-
109 825
-
income
5 932
-
20 859
-
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.

2 411
-
7 686
-
health
483
-
1 538
-
unemployment
344
-
1 099
-
total
9 170
-
31 182
-
Employer
34 458
-
109 825
-
other
1 724
-
5 491
-
unemployment
344
-
1 099
-
health
483
-
1 538
-
accident
276
-
879
-
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.

5 859
-
18 669
-
total
8 686
-
27 676
-
Corporate
94 358
137 500
-
-
income
19 816
28 875
-
-
total
19 816
28 875
-
-
Dividends
74 542
108 625
-
-
withholding
5 217
7 604
-
-
total
5 217
7 604
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 889
36 479
58 858
64 546
After tax
94 611
101 021
78 642
72 954
Living cost
25 288
25 288
25 288
25 288
Free-cash
69 323
75 733
53 354
47 666

Estimated living cost  is ₽25288 per week

₽17867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17533
₽29913
₽30138
₽26819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
36 218
pensions
-
-
-
7 924
total
-
-
-
44 142
Employee
89 447
-
120 381
-
income
16 124
-
27 811
-
health
1 474
-
1 857
-
pensions
8 629
-
9 960
-
total
26 227
-
39 628
-
Employer
89 447
-
120 381
-
health
1 699
-
2 288
-
pensions
10 561
-
14 831
-
total
12 260
-
17 119
-
Corporate
35 793
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.

6 801
26 125
-
-
total
6 801
26 125
-
-
Dividends
28 992
111 375
-
-
withholding
2 173
18 242
-
-
total
2 173
18 242
-
-
Income
137 500
137 500
137 500
137 500
Total tax
47 461
44 367
56 747
44 142
After tax
90 039
93 133
80 753
93 358
Living cost
63 220
63 220
63 220
63 220
Free-cash
26 819
29 913
17 533
30 138

Estimated living cost  is ₽63220 per week

₽47372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100892
₽105248
₽95802
₽100884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 773
income
-
-
-
20 625
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
29 384
Employee
16 306
-
131 063
-
income
1 630
-
13 106
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

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

1 432
-
2 881
-
health
750
-
1 509
-
total
3 992
-
17 857
-
Employer
16 306
-
131 063
-
unemployment
98
-
197
-
health
1 125
-
2 264
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

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

1 797
-
3 615
-
total
3 200
-
6 437
-
Corporate
117 995
137 500
-
-
income
11 800
13 750
-
-
total
11 800
13 750
-
-
Dividends
106 195
123 750
-
-
withholding
5 310
6 188
-
-
total
5 310
6 188
-
-
Income
137 500
137 500
137 500
137 500
Total tax
24 302
19 938
24 294
29 384
After tax
113 198
117 562
113 206
108 116
Living cost
12 314
12 314
12 314
12 314
Free-cash
100 884
105 248
100 892
95 802

Estimated living cost  is ₽12314 per week

₽7189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30062
₽15006
₽25350
₽17396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 703
income
-
-
-
36 703
pensions
-
-
-
11 119
total
-
-
-
59 525
Employee
87 987
81 043
119 863
-
income

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

13 265
13 265
14 355
-
pensions
11 119
11 119
11 119
-
health
10 977
10 581
11 703
-
total
35 361
34 965
37 177
-
Employer
87 987
81 043
119 863
-
unemployment
3 168
2 918
3 625
-
health
6 114
5 633
7 000
-
pensions
6 123
5 641
7 011
-
total
15 405
14 192
17 636
-
Corporate
34 108
42 265
-
-
income
6 822
8 454
-
-
total
6 822
8 454
-
-
Dividends
27 286
33 812
-
-
income
5 797
7 186
-
-
withholding
4 094
5 072
-
-
total
9 891
12 258
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 479
69 869
54 813
59 525
After tax
70 021
67 631
82 687
77 975
Living cost
52 625
52 625
52 625
52 625
Free-cash
17 396
15 006
30 062
25 350

Estimated living cost  is ₽52625 per week

₽38820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46333
₽71226
₽48980
₽62862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 733
health
-
-
-
18 563
income
-
-
-
12 781
solidarity contribution
-
-
-
-
total
-
-
-
65 077
Employee
34 475
-
102 612
-
social contributions
2 241
-
6 670
-
solidarity contribution
-
-
-
-
income
4 137
-
12 313
-
health
4 654
-
13 853
-
total
11 032
-
32 836
-
Employer
34 475
-
102 612
-
health
3 103
-
9 235
-
social contributions
8 619
-
25 653
-
total
11 722
-
34 888
-
Corporate
91 304
137 500
-
-
income
17 348
26 125
-
-
total
17 348
26 125
-
-
Dividends
73 956
111 375
-
-
withholding
11 093
16 706
-
-
total
11 093
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 195
42 831
67 724
65 077
After tax
86 305
94 669
69 776
72 423
Living cost
23 443
23 443
23 443
23 443
Free-cash
62 862
71 226
46 333
48 980

Estimated living cost  is ₽23443 per week

₽16284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20953
₽33315
₽27401
₽28359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
35 365
national
-
-
-
32 277
regional
-
-
-
1 593
municipal
-
-
-
818
total
-
-
-
70 053
Employee
84 344
-
137 500
-
social contributions
28 441
-
46 366
-
municipal
447
-
729
-
national
14 615
-
28 003
-
regional
796
-
1 403
-
total
44 299
-
76 501
-
Employer
84 344
-
137 500
-
total
-
-
-
-
Corporate
53 156
137 500
-
-
nationa
12 758
33 001
-
-
municipal
2 073
5 363
-
-
total
14 831
38 364
-
-
Dividends
38 325
99 136
-
-
withholding
9 965
25 775
-
-
total
9 965
25 775
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 095
64 139
76 501
70 053
After tax
68 405
73 361
60 999
67 447
Living cost
40 046
40 046
40 046
40 046
Free-cash
28 359
33 315
20 953
27 401

Estimated living cost  is ₽40046 per week

₽27915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40625
₽65544
₽44306
₽62591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
-
health
-
-
-
8 992
income
-
-
-
33 004
pensions
-
-
-
25 332
surtax
-
-
-
4 708
unemployment
-
-
-
216
total
-
-
-
72 252
Employee
31 384
-
113 589
-
surtax
103
-
4 126
-
income
5 261
-
29 518
-
other
-
-
-
-
pensions
2 093
-
7 577
-
health
801
-
2 896
-
unemployment
2 185
-
7 906
-
total
10 443
-
52 023
-
Employer
31 384
-
113 589
-
other
-
-
-
-
unemployment
994
-
3 600
-
health
1 428
-
5 169
-
pensions
4 184
-
15 141
-
total
6 606
-
23 910
-
Corporate
99 510
137 500
-
-
income
25 873
35 751
-
-
total
25 873
35 751
-
-
Dividends
73 638
101 749
-
-
withholding
11 045
15 263
-
-
total
11 045
15 263
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 967
51 014
75 933
72 252
After tax
83 533
86 486
61 567
65 248
Living cost
20 942
20 942
20 942
20 942
Free-cash
62 591
65 544
40 625
44 306

Estimated living cost  is ₽20942 per week

₽12805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37563
₽49943
₽50168
₽52393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
36 218
pensions
-
-
-
7 924
total
-
-
-
44 142
Employee
59 945
-
120 381
-
income
10 796
-
27 811
-
health
870
-
1 857
-
pensions
5 088
-
9 960
-
total
16 754
-
39 628
-
Employer
59 945
-
120 381
-
health
1 139
-
2 288
-
pensions
6 489
-
14 831
-
total
7 628
-
17 119
-
Corporate
69 927
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.

13 286
26 125
-
-
total
13 286
26 125
-
-
Dividends
56 641
111 375
-
-
withholding
4 249
18 242
-
-
total
4 249
18 242
-
-
Income
137 500
137 500
137 500
137 500
Total tax
41 917
44 367
56 747
44 142
After tax
95 583
93 133
80 753
93 358
Living cost
43 190
43 190
43 190
43 190
Free-cash
52 393
49 943
37 563
50 168

Estimated living cost  is ₽43190 per week

₽32358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3237
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29688
-₽13701
₽36365
₽19063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other

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

-
-
-
2 750
health
-
-
-
309
pensions
-
-
-
12 650
city
-
-
-
1 450
national
-
-
-
1 538
regional
-
-
-
5 861
total
-
-
-
24 558
Employee
89 615
-
123 072
-
national
424
-
1 220
-
city
962
-
1 322
-
pensions
7 529
-
10 337
-
health
203
-
277
-
regional
2 934
-
5 005
-
unemployment
-
-
-
-
total
12 052
-
18 161
-
Employer
89 615
-
123 072
-
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.

1 792
-
2 460
-
unemployment
-
-
-
-
health
203
-
277
-
pensions
7 529
-
10 337
-
total
9 524
-
13 074
-
Corporate
37 376
137 500
-
-
regional
7 905
29 081
-
-
national
3 176
11 687
-
-
total
11 081
40 768
-
-
Dividends
26 295
96 732
-
-
withholding
9 203
33 856
-
-
total
9 203
33 856
-
-
Income
137 500
137 500
137 500
137 500
Total tax
41 860
74 624
31 235
24 558
After tax
95 640
62 876
106 265
112 942
Living cost
76 577
76 577
76 577
76 577
Free-cash
19 063
-13 701
29 688
36 365

Estimated living cost  is ₽76577 per week

₽49797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46172
₽24508
₽30158
₽39896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
39 212
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.

-
-
-
2 158
trade
-
-
-
16 014
total
-
-
-
63 867
Employee

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

57 035
-
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.

369
-
2 158
-
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.

6 707
-
39 212
-
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.

6 483
-
6 483
-
total
13 559
-
47 853
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 465
137 500
-
-
chamber of commerce
258
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.

665
1 135
-
-
trade
13 799
23 582
-
-
income
12 070
20 625
-
-
total
26 792
45 679
-
-
Dividends
53 674
91 822
-
-
surtax

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

719
1 243
-
-
withholding
13 059
22 595
-
-
total
13 778
23 838
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 129
69 517
47 853
63 867
After tax
83 371
67 983
89 647
73 633
Living cost
43 475
43 475
43 475
43 475
Free-cash
39 896
24 508
46 172
30 158

Estimated living cost  is ₽43475 per week

₽31753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46417
₽36832
₽45497
₽42436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
4 263
social contributions
-
-
-
3 917
health
-
-
-
4 888
income
-
-
-
19 120
pensions
-
-
-
27 346
surtax
-
-
-
-
total
-
-
-
59 534
Employee
40 617
-
108 200
-
surtax
-
-
-
-
social contributions
1 158
-
3 083
-
income
2 397
-
19 452
-
pensions
4 592
-
6 782
-
total
8 147
-
29 317
-
Employer
40 617
-
108 200
-
other
1 401
-
3 905
-
unemployment
1 644
-
4 382
-
health
2 844
-
9 134
-
pensions
6 673
-
11 552
-
social contributions
122
-
324
-
total
12 684
-
29 297
-
Corporate
84 199
137 500
-
-
surtax
-
-
-
-
income
23 576
38 499
-
-
total
23 576
38 499
-
-
Dividends
60 623
99 001
-
-
social contributions
10 428
17 028
-
-
surtax
-
-
-
-
withholding
7 760
12 672
-
-
total
18 188
29 700
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 595
68 199
58 614
59 534
After tax
74 905
69 301
78 886
77 966
Living cost
32 469
32 469
32 469
32 469
Free-cash
42 436
36 832
46 417
45 497

Estimated living cost  is ₽32469 per week

₽20473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49634
₽40049
₽48714
₽45320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
4 263
social contributions
-
-
-
3 917
health
-
-
-
4 888
income
-
-
-
19 120
pensions
-
-
-
27 346
surtax
-
-
-
-
total
-
-
-
59 534
Employee
36 256
-
108 200
-
surtax
-
-
-
-
social contributions
1 034
-
3 083
-
income
1 869
-
19 452
-
pensions
4 101
-
6 782
-
total
7 004
-
29 317
-
Employer
36 256
-
108 200
-
other
1 252
-
3 905
-
unemployment
1 468
-
4 382
-
health
2 538
-
9 134
-
pensions
5 958
-
11 552
-
social contributions
108
-
324
-
total
11 324
-
29 297
-
Corporate
89 921
137 500
-
-
surtax
-
-
-
-
income
25 177
38 499
-
-
total
25 177
38 499
-
-
Dividends
64 744
99 001
-
-
social contributions
11 135
17 028
-
-
surtax
-
-
-
-
withholding
8 288
12 672
-
-
total
19 423
29 700
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 928
68 199
58 614
59 534
After tax
74 572
69 301
78 886
77 966
Living cost
29 252
29 252
29 252
29 252
Free-cash
45 320
40 049
49 634
48 714

Estimated living cost  is ₽29252 per week

₽16965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66215
₽63764
₽68179
₽64255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 975
health
-
-
-
9 597
income
-
-
-
20 625
total
-
-
-
49 197
Employee
32 178
-
137 500
-
social contributions
4 441
-
18 975
-
income
5 367
-
22 589
-
health
2 246
-
9 597
-
total
12 054
-
51 161
-
Employer
32 178
-
137 500
-
total
-
-
-
-
Corporate
105 322
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%.

5 266
6 874
-
-
total
5 266
6 874
-
-
Dividends
100 056
130 626
-
-
social contributions
13 808
18 026
-
-
withholding
15 009
19 594
-
-
health
6 984
9 118
-
-
total
35 801
46 738
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 121
53 612
51 161
49 197
After tax
84 379
83 888
86 339
88 303
Living cost
20 124
20 124
20 124
20 124
Free-cash
64 255
63 764
66 215
68 179

Estimated living cost  is ₽20124 per week

₽13468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2792
₽42920
₽36728
₽41453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 481
income
-
-
-
31 783
chamber of commerce
-
-
-
549
pensions
-
-
-
20 511
surtax
-
-
-
187
unemployment
-
-
-
5 821
total
-
-
-
67 332
Employee
47 428
37 820
106 626
-
income
5 399
2 790
25 327
-
other
474
378
1 066
-
pensions
4 857
3 872
10 919
-
health
1 835
1 464
4 126
-
unemployment
1 423
1 135
3 199
-
total
13 988
9 639
44 637
-
Employer
47 428
37 820
106 626
-
other
2 253
1 796
5 064
-
unemployment
1 423
1 135
3 199
-
health
1 792
1 430
4 031
-
surtax
187
187
187
-
accident
616
492
1 387
-
pensions
5 952
4 747
13 381
-
payroll
1 423
1 135
3 199
-
chamber of commerce
189
151
427
-
total
13 835
11 073
30 875
-
Corporate
76 237
88 608
103 024
-
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.

19 060
22 152
25 756
-
total
19 060
22 152
25 756
-
Dividends
57 177
66 456
-
-
withholding
15 724
18 276
-
-
total
15 724
18 276
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 607
61 140
101 268
67 332
After tax
74 893
76 360
36 232
70 168
Living cost
33 440
33 440
33 440
33 440
Free-cash
41 453
42 920
2 792
36 728

Estimated living cost  is ₽33440 per week

₽22303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15465
₽42358
₽25745
₽28124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 553
communal

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

-
-
-
6 957
national
-
-
-
48 642
total
-
-
-
77 152
Employee

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

67 885
-
106 500
-
national
20 870
-
36 961
-
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.

5 091
-
7 987
-
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.

3 189
-
5 005
-
communal

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

3 541
-
5 554
-
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.

591
-
926
-
total
33 282
-
56 433
-
Employer

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

67 885
-
106 500
-
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.

991
-
1 554
-
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.

4 175
-
6 550
-
surtax
7 697
-
12 077
-
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.

882
-
1 383
-
pensions

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

6 015
-
9 435
-
total
19 760
-
30 999
-
Corporate
49 855
137 500
-
-
surtax
200
549
-
-
income
9 972
27 501
-
-
total
10 172
28 050
-
-
Dividends
39 683
109 450
-
-
withholding

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

11 559
32 489
-
-
total
11 559
32 489
-
-
Income
137 500
137 500
137 500
137 500
Total tax
74 773
60 539
87 432
77 152
After tax
62 727
76 961
50 068
60 348
Living cost
34 603
34 603
34 603
34 603
Free-cash
28 124
42 358
15 465
25 745

Estimated living cost  is ₽34603 per week

₽22289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38907
₽57738
₽43224
₽50714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
88
accident
-
-
-
792
income
-
-
-
33 614
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
60 003
Employee
47 240
-
109 457
-
income
9 967
-
30 691
-
other
47
-
88
-
pensions
2 221
-
4 135
-
unemployment
733
-
1 363
-
total
12 968
-
36 277
-
Employer
47 240
-
109 457
-
other
376
-
704
-
unemployment
2 599
-
4 837
-
accident
935
-
1 742
-
pensions
11 148
-
20 760
-
total
15 058
-
28 043
-
Corporate
75 202
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.

11 279
20 625
-
-
total
11 279
20 625
-
-
Dividends
63 922
116 875
-
-
withholding
13 208
24 864
-
-
total
13 208
24 864
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 513
45 489
64 320
60 003
After tax
84 987
92 011
73 180
77 497
Living cost
34 273
34 273
34 273
34 273
Free-cash
50 714
57 738
38 907
43 224

Estimated living cost  is ₽34273 per week

₽25239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25209
₽30448
₽19728
₽19902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 660
accident
-
-
-
1 160
income
-
-
-
19 261
pensions
-
-
-
20 610
communal
-
-
-
8 690
surtax
-
-
-
6 817
total
-
-
-
66 198
Employee
71 869
-
122 822
-
surtax
4 405
-
7 528
-
income
6 942
-
23 219
-
pensions
5 749
-
9 826
-
health
3 199
-
5 466
-
total
20 295
-
46 039
-
Employer
71 869
-
122 822
-
health
2 192
-
3 746
-
accident
647
-
1 106
-
pensions
5 749
-
9 826
-
total
8 588
-
14 678
-
Corporate
57 044
137 500
-
-
surtax
600
1 444
-
-
income
8 556
20 625
-
-
communal
3 850
9 282
-
-
total
13 006
31 351
-
-
Dividends
44 037
106 149
-
-
income
17 529
8 205
-
-
withholding
6 606
15 922
-
-
total
24 135
24 127
-
-
Income
137 500
137 500
137 500
137 500
Total tax
66 024
55 478
60 717
66 198
After tax
71 476
82 022
76 783
71 302
Living cost
51 574
51 574
51 574
51 574
Free-cash
19 902
30 448
25 209
19 728

Estimated living cost  is ₽51574 per week

₽38688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
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.
₽9214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40251
₽65170
₽43932
₽62154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
-
health
-
-
-
8 992
income
-
-
-
33 004
pensions
-
-
-
25 332
surtax
-
-
-
4 708
unemployment
-
-
-
216
total
-
-
-
72 252
Employee
31 960
-
113 589
-
surtax
113
-
4 126
-
income
5 358
-
29 518
-
other
-
-
-
-
pensions
2 132
-
7 577
-
health
816
-
2 896
-
unemployment
2 224
-
7 906
-
total
10 643
-
52 023
-
Employer
31 960
-
113 589
-
other
-
-
-
-
unemployment
1 014
-
3 600
-
health
1 453
-
5 169
-
pensions
4 261
-
15 141
-
total
6 728
-
23 910
-
Corporate
98 812
137 500
-
-
income
25 691
35 751
-
-
total
25 691
35 751
-
-
Dividends
73 121
101 749
-
-
withholding
10 968
15 263
-
-
total
10 968
15 263
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 030
51 014
75 933
72 252
After tax
83 470
86 486
61 567
65 248
Living cost
21 316
21 316
21 316
21 316
Free-cash
62 154
65 170
40 251
43 932

Estimated living cost  is ₽21316 per week

₽12870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34987
₽46705
₽41401
₽44602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
35 365
national
-
-
-
32 277
regional
-
-
-
2 074
municipal
-
-
-
818
total
-
-
-
70 534
Employee
52 644
-
137 500
-
social contributions
17 752
-
46 366
-
municipal
279
-
729
-
national
8 340
-
28 003
-
regional
709
-
1 850
-
total
27 080
-
76 948
-
Employer
52 644
-
137 500
-
total
-
-
-
-
Corporate
84 856
137 500
-
-
nationa
20 365
33 001
-
-
municipal
4 218
6 835
-
-
total
24 583
39 836
-
-
Dividends
60 273
97 665
-
-
withholding
15 670
25 394
-
-
total
15 670
25 394
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 333
65 230
76 948
70 534
After tax
70 167
72 270
60 552
66 966
Living cost
25 565
25 565
25 565
25 565
Free-cash
44 602
46 705
34 987
41 401

Estimated living cost  is ₽25565 per week

₽15899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40888
₽65781
₽43535
₽55476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 733
health
-
-
-
18 563
income
-
-
-
12 781
solidarity contribution
-
-
-
-
total
-
-
-
65 077
Employee
42 482
-
102 612
-
social contributions
2 761
-
6 670
-
solidarity contribution
-
-
-
-
income
5 098
-
12 313
-
health
5 735
-
13 853
-
total
13 594
-
32 836
-
Employer
42 482
-
102 612
-
health
3 823
-
9 235
-
social contributions
10 620
-
25 653
-
total
14 443
-
34 888
-
Corporate
80 574
137 500
-
-
income
15 309
26 125
-
-
total
15 309
26 125
-
-
Dividends
65 265
111 375
-
-
withholding
9 790
16 706
-
-
total
9 790
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 136
42 831
67 724
65 077
After tax
84 364
94 669
69 776
72 423
Living cost
28 888
28 888
28 888
28 888
Free-cash
55 476
65 781
40 888
43 535

Estimated living cost  is ₽28888 per week

₽21483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5987
₽46185
₽40078
₽45718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 481
income
-
-
-
31 783
chamber of commerce
-
-
-
549
pensions
-
-
-
20 511
surtax
-
-
-
-
unemployment
-
-
-
5 821
total
-
-
-
67 145
Employee
41 485
37 820
106 770
-
income
3 696
2 790
25 376
-
other
414
378
1 068
-
pensions
4 248
3 872
10 934
-
health
1 605
1 464
4 131
-
unemployment
1 244
1 135
3 204
-
total
11 207
9 639
44 713
-
Employer
41 485
37 820
106 770
-
other
1 970
1 796
5 072
-
unemployment
1 244
1 135
3 204
-
health
1 569
1 430
4 036
-
surtax
-
-
-
-
accident
538
492
1 389
-
pensions
5 207
4 747
13 399
-
payroll
1 244
1 135
3 204
-
chamber of commerce
166
151
427
-
total
11 938
10 886
30 731
-
Corporate
84 077
88 795
103 168
-
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.

21 019
22 199
25 792
-
total
21 019
22 199
25 792
-
Dividends
63 058
66 596
-
-
withholding
17 341
18 314
-
-
total
17 341
18 314
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 505
61 038
101 236
67 145
After tax
75 995
76 462
36 264
70 355
Living cost
30 277
30 277
30 277
30 277
Free-cash
45 718
46 185
5 987
40 078

Estimated living cost  is ₽30277 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97745
₽118370
₽123870
₽116072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
microenterprise

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

-
-
-
1 375
total
-
-
-
1 375
Employee
15 319
-
137 500
-
income
3 064
-
27 500
-
total
3 064
-
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%.

122 181
137 500
-
-
total
-
-
-
-
Dividends
122 181
137 500
-
-
withholding
6 109
6 875
-
-
total
6 109
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
9 173
6 875
27 500
1 375
After tax
128 327
130 625
110 000
136 125
Living cost
12 255
12 255
12 255
12 255
Free-cash
116 072
118 370
97 745
123 870

Estimated living cost  is ₽12255 per week

₽8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39566
₽69214
₽43205
₽61278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 531
income
-
-
-
29 991
pensions
-
-
-
25 111
unemployment
-
-
-
207
total
-
-
-
68 840
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.

41 966
-
118 974
-
income
7 237
-
27 664
-
pensions
6 505
-
18 440
-
health
2 710
-
7 685
-
unemployment
59
-
166
-
total
16 511
-
53 955
-
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.

41 966
-
118 974
-
unemployment
25
-
72
-
health
2 795
-
7 924
-
pensions
3 714
-
10 528
-
total
6 534
-
18 524
-
Corporate
89 000
137 500
-
-
income
16 909
26 125
-
-
total
16 909
26 125
-
-
Dividends
72 091
111 375
-
-
withholding
10 813
16 706
-
-
total
10 813
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
50 767
42 831
72 479
68 840
After tax
86 733
94 669
65 021
68 660
Living cost
25 455
25 455
25 455
25 455
Free-cash
61 278
69 214
39 566
43 205

Estimated living cost  is ₽25455 per week

₽17469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81579
₽40800
₽52168
-₽10589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 802
total
-
-
-
42 477
Employee
61 448
-
-
-
social contributions
5 039
-
718
-
income
13 554
-
-
-
total
18 593
-
718
-
Employer
61 448
-
-
-
social contributions
86 641
-
12 348
-
total
86 641
-
12 348
-
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
105 234
53 845
13 066
42 477
After tax
32 266
83 655
124 434
95 023
Living cost
42 855
42 855
42 855
42 855
Free-cash
-10 589
40 800
81 579
52 168

Estimated living cost  is ₽42855 per week

₽27806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
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.
₽10472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35349
₽48442
₽44892
₽47487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
47 781
income
-
-
-
15 059
surtax
-
-
-
-
total
-
-
-
62 840
Employee
43 648
-
111 111
-
surtax
-
-
-
-
social contributions
4 801
-
12 221
-
income
9 079
-
33 773
-
total
13 880
-
45 994
-
Employer
43 648
-
111 111
-
social contributions
10 366
-
26 389
-
total
10 366
-
26 389
-
Corporate
83 486
137 500
-
-
surtax
-
-
-
-
income
17 532
28 875
-
-
total
17 532
28 875
-
-
Dividends
65 953
108 625
-
-
withholding
18 467
30 415
-
-
total
18 467
30 415
-
-
Income
137 500
137 500
137 500
137 500
Total tax
60 245
59 290
72 383
62 840
After tax
77 255
78 210
65 117
74 660
Living cost
29 768
29 768
29 768
29 768
Free-cash
47 487
48 442
35 349
44 892

Estimated living cost  is ₽29768 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33049
₽23464
₽32129
₽29986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
4 263
social contributions
-
-
-
3 917
health
-
-
-
4 888
income
-
-
-
19 120
pensions
-
-
-
27 346
surtax
-
-
-
-
total
-
-
-
59 534
Employee
59 439
-
108 200
-
surtax
-
-
-
-
social contributions
1 693
-
3 083
-
income
5 186
-
19 452
-
pensions
6 723
-
6 782
-
total
13 602
-
29 317
-
Employer
59 439
-
108 200
-
other
2 051
-
3 905
-
unemployment
2 408
-
4 382
-
health
4 160
-
9 134
-
pensions
9 767
-
11 552
-
social contributions
178
-
324
-
total
18 564
-
29 297
-
Corporate
59 496
137 500
-
-
surtax
-
-
-
-
income
16 659
38 499
-
-
total
16 659
38 499
-
-
Dividends
42 837
99 001
-
-
social contributions
7 368
17 028
-
-
surtax
-
-
-
-
withholding
5 484
12 672
-
-
total
12 852
29 700
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 677
68 199
58 614
59 534
After tax
75 823
69 301
78 886
77 966
Living cost
45 837
45 837
45 837
45 837
Free-cash
29 986
23 464
33 049
32 129

Estimated living cost  is ₽45837 per week

₽31022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77412
₽95223
₽73760
₽92035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
4 962
social contributions
-
-
-
30 251
total
-
-
-
35 213
Employee
30 510
-
119 047
-
income
-
-
5 369
-
social contributions
1 983
-
7 739
-
total
1 983
-
13 108
-
Employer
30 510
-
119 047
-
social contributions
4 729
-
18 453
-
total
4 729
-
18 453
-
Corporate
102 260
137 500
-
-
income
10 226
13 750
-
-
total
10 226
13 750
-
-
Dividends
92 035
123 750
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
16 938
13 750
31 561
35 213
After tax
120 562
123 750
105 939
102 287
Living cost
28 527
28 527
28 527
28 527
Free-cash
92 035
95 223
77 412
73 760

Estimated living cost  is ₽28527 per week

₽18445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2150
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.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽68936
-₽68936
₽37163
-₽68936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
labour market
-
-
-
10 934
pensions
-
-
-
821
national
-
-
-
15 182
municipal
-
-
-
27 769
total
-
-
-
54 706
Employee
192 597
192 597
192 597
-
labour market
15 386
15 386
15 386
-
municipal
41 012
41 012
41 012
-
national
23 529
23 529
23 529
-
pensions
274
274
274
-
total
80 201
80 201
80 201
-
Employer
192 597
192 597
192 597
-
national
23 570
23 570
23 570
-
labour market
15 408
15 408
15 408
-
pensions
548
548
548
-
municipal
41 078
41 078
41 078
-
total
80 604
80 604
80 604
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
160 805
160 805
160 805
54 706
After tax
-23 305
-23 305
-23 305
82 794
Living cost
45 631
45 631
45 631
45 631
Free-cash
-68 936
-68 936
-68 936
37 163

Estimated living cost  is ₽45631 per week

₽31230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52887
-₽9580
₽73390
₽7959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
36 737
pensions
-
-
-
3 977
total
-
-
-
43 393
Employee
32 589
-
121 946
-
income
4 471
-
27 088
-
pensions
3 670
-
7 292
-
health
3 732
-
13 963
-
total
11 873
-
48 343
-
Employer
32 589
-
121 946
-
unemployment
799
-
2 987
-
accident
544
-
2 036
-
pensions
5 299
-
10 530
-
total
6 642
-
15 553
-
Corporate
98 269
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.

88 442
123 750
-
-
total
88 442
123 750
-
-
Dividends
9 827
13 750
-
-
withholding
1 867
2 613
-
-
total
1 867
2 613
-
-
Income
137 500
137 500
137 500
137 500
Total tax
108 824
126 363
63 896
43 393
After tax
28 676
11 137
73 604
94 107
Living cost
20 717
20 717
20 717
20 717
Free-cash
7 959
-9 580
52 887
73 390

Estimated living cost  is ₽20717 per week

₽15080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37582
₽51564
₽56433
₽53167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
health
-
-
-
1 722
national
-
-
-
18 468
municipal
-
-
-
24 441
total
-
-
-
44 631
Employee
49 930
-
115 672
-
municipal
8 178
-
18 854
-
national
825
-
11 875
-
pensions
3 370
-
7 807
-
health
373
-
1 385
-
unemployment
749
-
1 734
-
total
13 495
-
41 655
-
Employer
49 930
-
115 672
-
unemployment
324
-
751
-
health
384
-
891
-
accident
50
-
115
-
pensions
8 663
-
20 070
-
total
9 421
-
21 827
-
Corporate
78 149
137 500
-
-
income
15 631
27 501
-
-
total
15 631
27 501
-
-
Dividends

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

46 889
82 500
-
-
national
911
7 148
-
-
municipal
8 439
14 851
-
-
total
9 350
21 999
-
-
Income
137 500
137 500
137 500
137 500
Total tax
47 897
49 500
63 482
44 631
After tax
89 603
88 000
74 018
92 869
Living cost
36 436
36 436
36 436
36 436
Free-cash
53 167
51 564
37 582
56 433

Estimated living cost  is ₽36436 per week

₽23800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72204
₽78430
₽73495
₽73267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 355
health
-
-
-
3 506
income
-
-
-
23 171
total
-
-
-
42 032
Employee
72 976
72 976
126 982
-
social contributions
2 759
6 057
8 169
-
income
7 946
6 755
22 478
-
health
566
1 241
2 159
-
total
11 271
14 053
32 806
-
Employer
72 976
72 976
126 982
-
health
614
1 351
2 348
-
social contributions
2 759
6 057
8 169
-
total
3 373
7 408
10 517
-
Corporate
100 884
57 117
-
-
income
12 610
7 139
-
-
total
12 610
7 139
-
-
Dividends
88 273
49 978
-
-
withholding
15 006
8 497
-
-
total
15 006
8 497
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 260
37 097
43 323
42 032
After tax
95 240
100 403
94 177
95 468
Living cost
21 973
21 973
21 973
21 973
Free-cash
73 267
78 430
72 204
73 495

Estimated living cost  is ₽21973 per week

₽13169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
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.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80155
₽98797
₽99189
₽93969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 434
income
-
-
-
13 745
pensions
-
-
-
6 037
unemployment
-
-
-
27
total
-
-
-
23 243
Employee

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

21 783
-
128 225
-
income
1 489
-
11 391
-
pensions
3 267
-
13 507
-
health
1 851
-
7 654
-
unemployment
108
-
450
-
total
6 715
-
33 002
-
Employer

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

21 783
-
128 225
-
unemployment
108
-
450
-
health
936
-
3 872
-
pensions
1 198
-
4 953
-
total
2 242
-
9 275
-
Corporate
113 474
137 500
-
-
income
10 213
12 374
-
-
total
10 213
12 374
-
-
Dividends
103 261
125 126
-
-
withholding
9 293
11 261
-
-
total
9 293
11 261
-
-
Income
137 500
137 500
137 500
137 500
Total tax
28 463
23 635
42 277
23 243
After tax
109 037
113 865
95 223
114 257
Living cost
15 068
15 068
15 068
15 068
Free-cash
93 969
98 797
80 155
99 189

Estimated living cost  is ₽15068 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47083
₽65914
₽51400
₽61472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
88
accident
-
-
-
792
income
-
-
-
33 614
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
60 003
Employee
35 091
-
109 457
-
income
6 765
-
30 691
-
other
34
-
88
-
pensions
1 650
-
4 135
-
unemployment
544
-
1 363
-
total
8 993
-
36 277
-
Employer
35 091
-
109 457
-
other
281
-
704
-
unemployment
1 931
-
4 837
-
accident
695
-
1 742
-
pensions
8 281
-
20 760
-
total
11 188
-
28 043
-
Corporate
91 221
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.

13 684
20 625
-
-
total
13 684
20 625
-
-
Dividends
77 538
116 875
-
-
withholding
16 066
24 864
-
-
total
16 066
24 864
-
-
Income
137 500
137 500
137 500
137 500
Total tax
49 931
45 489
64 320
60 003
After tax
87 569
92 011
73 180
77 497
Living cost
26 097
26 097
26 097
26 097
Free-cash
61 472
65 914
47 083
51 400

Estimated living cost  is ₽26097 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
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.
₽5516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86456
₽84040
₽86581
₽83750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
931
income
-
-
-
46 944
pensions
-
-
-
1 284
total
-
-
-
49 159
Employee
2 680
-
136 056
-
income
518
-
46 877
-
pensions
241
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
920
-
47 840
-
Employer
2 680
-
136 056
-
unemployment
54
-
128
-
health
255
-
610
-
pensions
295
-
706
-
total
604
-
1 444
-
Corporate
134 217
137 500
-
-
income
29 528
30 250
-
-
total
29 528
30 250
-
-
Dividends
104 689
107 250
-
-
withholding
20 938
21 450
-
-
total
20 938
21 450
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 990
51 700
49 284
49 159
After tax
85 510
85 800
88 216
88 341
Living cost
1 760
1 760
1 760
1 760
Free-cash
83 750
84 040
86 456
86 581

Estimated living cost  is ₽1760 per week

₽1046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64250
₽82967
₽64250
₽78308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 208
income
-
-
-
30 419
pensions
-
-
-
18 196
unemployment
-
-
-
1 050
total
-
-
-
56 873
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.

24 695
-
124 973
-
income
3 404
-
30 419
-
pensions
3 457
-
9 798
-
health
1 272
-
3 604
-
unemployment
185
-
525
-
total
8 318
-
44 346
-
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.

24 695
-
124 973
-
unemployment
185
-
525
-
health
1 272
-
3 604
-
pensions
2 963
-
8 398
-
total
4 420
-
12 527
-
Corporate
108 385
137 500
-
-
income
16 258
20 625
-
-
total
16 258
20 625
-
-
Dividends
92 127
116 875
-
-
withholding
13 819
17 531
-
-
total
13 819
17 531
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 815
38 156
56 873
56 873
After tax
94 685
99 344
80 627
80 627
Living cost
16 377
16 377
16 377
16 377
Free-cash
78 308
82 967
64 250
64 250

Estimated living cost  is ₽16377 per week

₽11026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39532
₽52625
₽49075
₽52283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
47 781
income
-
-
-
15 059
surtax
-
-
-
-
total
-
-
-
62 840
Employee
36 834
-
111 111
-
surtax
-
-
-
-
social contributions
4 052
-
12 221
-
income
7 197
-
33 773
-
total
11 249
-
45 994
-
Employer
36 834
-
111 111
-
social contributions
8 747
-
26 389
-
total
8 747
-
26 389
-
Corporate
91 919
137 500
-
-
surtax
-
-
-
-
income
19 303
28 875
-
-
total
19 303
28 875
-
-
Dividends
72 616
108 625
-
-
withholding
20 333
30 415
-
-
total
20 333
30 415
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 632
59 290
72 383
62 840
After tax
77 868
78 210
65 117
74 660
Living cost
25 585
25 585
25 585
25 585
Free-cash
52 283
52 625
39 532
49 075

Estimated living cost  is ₽25585 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39827
₽58658
₽44144
₽51955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
88
accident
-
-
-
792
income
-
-
-
33 614
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
60 003
Employee
45 834
-
109 457
-
income
9 573
-
30 691
-
other
45
-
88
-
pensions
2 154
-
4 135
-
unemployment
710
-
1 363
-
total
12 482
-
36 277
-
Employer
45 834
-
109 457
-
other
367
-
704
-
unemployment
2 521
-
4 837
-
accident
908
-
1 742
-
pensions
10 817
-
20 760
-
total
14 613
-
28 043
-
Corporate
77 053
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.

11 559
20 625
-
-
total
11 559
20 625
-
-
Dividends
65 495
116 875
-
-
withholding
13 538
24 864
-
-
total
13 538
24 864
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 192
45 489
64 320
60 003
After tax
85 308
92 011
73 180
77 497
Living cost
33 353
33 353
33 353
33 353
Free-cash
51 955
58 658
39 827
44 144

Estimated living cost  is ₽33353 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97049
₽101405
₽91959
₽95682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 773
income
-
-
-
20 625
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
29 384
Employee
21 394
-
131 063
-
income
2 140
-
13 106
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 881
-
health
984
-
1 509
-
total
5 237
-
17 857
-
Employer
21 394
-
131 063
-
unemployment
128
-
197
-
health
1 476
-
2 264
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

2 358
-
3 615
-
total
4 197
-
6 437
-
Corporate
111 909
137 500
-
-
income
11 191
13 750
-
-
total
11 191
13 750
-
-
Dividends
100 718
123 750
-
-
withholding
5 036
6 188
-
-
total
5 036
6 188
-
-
Income
137 500
137 500
137 500
137 500
Total tax
25 661
19 938
24 294
29 384
After tax
111 839
117 562
113 206
108 116
Living cost
16 157
16 157
16 157
16 157
Free-cash
95 682
101 405
97 049
91 959

Estimated living cost  is ₽16157 per week

₽10686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53008
₽34174
₽39609
₽46590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
39 212
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.

-
-
-
2 158
trade
-
-
-
13 399
total
-
-
-
61 252
Employee

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

47 220
-
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.

214
-
2 158
-
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.

3 883
-
39 212
-
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.

6 483
-
6 483
-
total
10 580
-
47 853
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 280
137 500
-
-
chamber of commerce
277
346
-
-
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.

746
1 135
-
-
trade
12 954
19 731
-
-
income
13 541
20 625
-
-
total
27 518
41 837
-
-
Dividends
62 761
95 664
-
-
surtax

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

843
1 295
-
-
withholding
15 330
23 555
-
-
total
16 173
24 850
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 271
66 687
47 853
61 252
After tax
83 229
70 813
89 647
76 248
Living cost
36 639
36 639
36 639
36 639
Free-cash
46 590
34 174
53 008
39 609

Estimated living cost  is ₽36639 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21873
₽42188
₽21873
₽44286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
39 313
social contributions
-
-
-
22 253
total
-
-
-
61 566
Employee
74 235
-
137 500
-
income
14 008
-
39 313
-
social contributions
6 167
-
22 253
-
total
20 175
-
61 566
-
Employer
74 235
-
137 500
-
total
-
-
-
-
Corporate
63 265
137 500
-
-
income
7 908
17 188
-
-
total
7 908
17 188
-
-
Dividends
55 357
120 312
-
-
withholding
11 070
24 063
-
-
total
11 070
24 063
-
-
Income
137 500
137 500
137 500
137 500
Total tax
39 153
41 251
61 566
61 566
After tax
98 347
96 249
75 934
75 934
Living cost
54 061
54 061
54 061
54 061
Free-cash
44 286
42 188
21 873
21 873

Estimated living cost  is ₽54061 per week

₽41129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65124
₽49911
₽70176
₽53228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
137 500
income
-
-
-
27 014
health

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

-
-
-
5 860
total
-
-
-
32 874
Employee
43 536
-
133 134
-
income
4 724
-
29 194
-
social contributions
4 362
-
4 366
-
total
9 086
-
33 560
-
Employer
43 536
-
133 134
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
89 602
137 500
-
-
income
31 360
48 125
-
-
total
31 360
48 125
-
-
Dividends
58 242
89 375
-
-
social contributions
5 014
5 014
-
-
total
5 014
5 014
-
-
Income
137 500
137 500
137 500
137 500
Total tax
49 822
53 139
37 926
32 874
After tax
87 678
84 361
99 574
104 626
Living cost
34 450
34 450
34 450
34 450
Free-cash
53 228
49 911
65 124
70 176

Estimated living cost  is ₽34450 per week

₽22692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45641
₽58021
₽58246
₽62577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
36 218
pensions
-
-
-
7 924
total
-
-
-
44 142
Employee
48 196
-
120 381
-
income
8 777
-
27 811
-
health
629
-
1 857
-
pensions
3 679
-
9 960
-
total
13 085
-
39 628
-
Employer
48 196
-
120 381
-
health
916
-
2 288
-
pensions
4 869
-
14 831
-
total
5 785
-
17 119
-
Corporate
83 518
137 500
-
-
income

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

15 868
26 125
-
-
total
15 868
26 125
-
-
Dividends
67 650
111 375
-
-
withholding
5 073
18 242
-
-
total
5 073
18 242
-
-
Income
137 500
137 500
137 500
137 500
Total tax
39 811
44 367
56 747
44 142
After tax
97 689
93 133
80 753
93 358
Living cost
35 112
35 112
35 112
35 112
Free-cash
62 577
58 021
45 641
58 246

Estimated living cost  is ₽35112 per week

₽24087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽50836
-₽11631
₽71339
₽7646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
36 737
pensions
-
-
-
3 977
total
-
-
-
43 393
Employee
35 815
-
121 946
-
income
4 914
-
27 088
-
pensions
4 033
-
7 292
-
health
4 101
-
13 963
-
total
13 048
-
48 343
-
Employer
35 815
-
121 946
-
unemployment
877
-
2 987
-
accident
598
-
2 036
-
pensions
5 823
-
10 530
-
total
7 298
-
15 553
-
Corporate
94 386
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.

84 947
123 750
-
-
total
84 947
123 750
-
-
Dividends
9 439
13 750
-
-
withholding
1 793
2 613
-
-
total
1 793
2 613
-
-
Income
137 500
137 500
137 500
137 500
Total tax
107 086
126 363
63 896
43 393
After tax
30 414
11 137
73 604
94 107
Living cost
22 768
22 768
22 768
22 768
Free-cash
7 646
-11 631
50 836
71 339

Estimated living cost  is ₽22768 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81638
₽102906
₽64662
₽98473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income
-
-
-
22 225
health insurance
-
-
-
10 175
work injury
-
-
-
688
pensions
-
-
-
25 300
unemployment
-
-
-
1 650
total
-
-
-
60 038
Employee

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

20 480
-
137 500
-
income
2 048
-
22 225
-
work injury
102
-
379
-
health insurance
1 516
-
5 607
-
pensions
3 768
-
13 942
-
unemployment
246
-
909
-
total
7 680
-
43 062
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 020
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%.

1 170
1 375
-
-
total
1 170
1 375
-
-
Dividends
115 850
136 125
-
-
withholding
17 377
20 419
-
-
total
17 377
20 419
-
-
Income
137 500
137 500
137 500
137 500
Total tax
26 227
21 794
43 062
60 038
After tax
111 273
115 706
94 438
77 462
Living cost
12 800
12 800
12 800
12 800
Free-cash
98 473
102 906
81 638
64 662

Estimated living cost  is ₽12800 per week

₽7930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
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.
₽3541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21799
₽34618
₽28016
₽30303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
35 365
national
-
-
-
32 277
regional
-
-
-
3 117
municipal
-
-
-
918
total
-
-
-
71 677
Employee
79 971
-
137 500
-
social contributions
26 966
-
46 366
-
municipal
477
-
819
-
national
13 514
-
28 003
-
regional
1 207
-
2 706
-
total
42 164
-
77 894
-
Employer
79 971
-
137 500
-
total
-
-
-
-
Corporate
57 529
137 500
-
-
nationa
13 806
33 001
-
-
municipal
2 773
6 628
-
-
total
16 579
39 629
-
-
Dividends
40 949
97 872
-
-
withholding
10 647
25 446
-
-
total
10 647
25 446
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 390
65 075
77 894
71 677
After tax
68 110
72 425
59 606
65 823
Living cost
37 807
37 807
37 807
37 807
Free-cash
30 303
34 618
21 799
28 016

Estimated living cost  is ₽37807 per week

₽26557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
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.
₽8077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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