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
₽40958
₽61069
₽46288
₽51344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income

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

-
-
-
39 411
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.

-
-
-
2 168
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.

-
-
-
6 414
trade
-
-
-
14 781
total
-
-
-
62 774
Employee

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

35 910
-
137 500
-
surtax

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

55
-
2 168
-
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.

1 003
-
39 411
-
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.

6 414
-
6 414
-
total
7 472
-
47 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 590
137 500
-
-
income
15 239
20 625
-
-
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.

837
1 135
-
-
chamber of commerce
289
340
-
-
trade
16 000
21 657
-
-
total
32 365
43 757
-
-
Dividends
69 225
93 743
-
-
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.

932
1 269
-
-
withholding
16 949
23 078
-
-
total
17 881
24 347
-
-
Income
137 500
137 500
137 500
137 500
Total tax
57 718
68 104
47 993
62 774
After tax
79 782
69 396
89 507
74 726
Living cost
28 438
28 438
28 438
28 438
Free-cash
51 344
40 958
61 069
46 288

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
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.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35849
₽32897
₽31817
₽35019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
social contributions
-
-
-
1 478
municipal
-
-
-
14 808
national
-
-
-
22 946
pensions
-
-
-
16 500
total
-
-
-
55 732
Employee
77 434
-
118 868
-
municipal
9 564
-
15 340
-
pensions
3 097
-
4 755
-
national
14 821
-
23 770
-
total
27 482
-
43 865
-
Employer
77 434
-
118 868
-
pensions
6 195
-
9 509
-
social contributions
832
-
1 278
-
total
7 027
-
10 787
-
Corporate
47 929
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%.

9 586
27 500
-
-
total
9 586
27 500
-
-
Dividends
38 343
110 000
-
-
withholding
8 435
24 200
-
-
total
8 435
24 200
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 530
51 700
54 652
55 732
After tax
84 970
85 800
82 848
81 768
Living cost
49 951
49 951
49 951
49 951
Free-cash
35 019
35 849
32 897
31 817

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90466
₽64579
₽24650
₽82766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
137 500
income
-
-
-
22 282
surtax
-
-
-
35 062
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
93 317
Employee
27 434
-
98 018
-
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.

3 018
-
10 781
-
income
4 884
-
18 994
-
total
7 902
-
29 775
-
Employer
27 434
-
98 018
-
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.

6 608
-
23 613
-
surtax
-
-
-
-
total
6 608
-
23 613
-
Corporate
103 457
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%.

20 691
27 501
-
-
total
20 691
27 501
-
-
Dividends

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

82 766
109 999
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
35 201
27 501
53 388
93 317
After tax
102 299
109 999
84 112
44 183
Living cost
19 533
19 533
19 533
19 533
Free-cash
82 766
90 466
64 579
24 650

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28330
₽43550
₽38521
₽22578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 071
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
59 648
Employee
80 176
80 176
120 052
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
14 594
-
health
12 306
10 467
11 577
-
total
39 862
34 591
37 171
-
Employer
80 176
80 176
120 052
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
44 267
43 284
-
-
income
8 853
8 657
-
-
total
8 853
8 657
-
-
Dividends
35 414
34 626
-
-
income
7 526
7 358
-
-
withholding
5 311
5 194
-
-
total
12 837
12 552
-
-
Income
137 500
137 500
137 500
137 500
Total tax
75 591
69 839
54 619
59 648
After tax
61 909
67 661
82 881
77 852
Living cost
39 331
39 331
39 331
39 331
Free-cash
22 578
28 330
43 550
38 521

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37312
₽33728
₽34644
₽36462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
33 853
national
-
-
-
7 264
pensions
-
-
-
8 947
total
-
-
-
65 093
Employee
53 808
-
111 496
-
municipal
16 046
-
33 248
-
national
-
-
6 757
-
total
16 046
-
40 005
-
Employer
53 808
-
111 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
66 785
137 500
-
-
income
14 693
30 250
-
-
total
14 693
30 250
-
-
Dividends
52 092
107 250
-
-
withholding
15 628
32 175
-
-
total
15 628
32 175
-
-
Income
137 500
137 500
137 500
137 500
Total tax
63 275
62 425
66 009
65 093
After tax
74 225
75 075
71 491
72 407
Living cost
37 763
37 763
37 763
37 763
Free-cash
36 462
37 312
33 728
34 644

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31803
₽52624
₽37186
₽44997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income

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

-
-
-
39 411
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.

-
-
-
2 168
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.

-
-
-
6 414
trade
-
-
-
15 438
total
-
-
-
63 431
Employee

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

47 612
-
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.

224
-
2 168
-
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.

4 091
-
39 411
-
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.

6 414
-
6 414
-
total
10 729
-
47 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 888
137 500
-
-
income
13 484
20 625
-
-
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.

741
1 135
-
-
chamber of commerce
271
339
-
-
trade
14 786
22 619
-
-
total
29 282
44 718
-
-
Dividends
60 605
92 783
-
-
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.

814
1 256
-
-
withholding
14 795
22 840
-
-
total
15 609
24 096
-
-
Income
137 500
137 500
137 500
137 500
Total tax
55 620
68 814
47 993
63 431
After tax
81 880
68 686
89 507
74 069
Living cost
36 883
36 883
36 883
36 883
Free-cash
44 997
31 803
52 624
37 186

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69945
₽63640
₽64924
₽66053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 426
social contributions
-
-
-
15 191
health
-
-
-
3 506
total
-
-
-
42 123
Employee
72 195
72 195
127 068
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
22 734
-
health
718
1 228
2 159
-
total
11 807
13 903
32 975
-
Employer
72 195
72 195
127 068
-
health
782
1 336
2 350
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
10 432
-
Corporate
90 950
57 977
-
-
income
11 369
7 248
-
-
total
11 369
7 248
-
-
Dividends
79 581
50 729
-
-
withholding
13 528
8 623
-
-
total
13 528
8 623
-
-
Income
137 500
137 500
137 500
137 500
Total tax
40 994
37 102
43 407
42 123
After tax
96 506
100 398
94 093
95 377
Living cost
30 453
30 453
30 453
30 453
Free-cash
66 053
69 945
63 640
64 924

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60469
₽62887
₽78430
₽60820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
115 063
-
unemployment
364
145
1 726
-
pensions
2 429
967
11 506
-
income
2 969
1 182
14 066
-
health
1 700
677
8 054
-
total
7 462
2 971
35 352
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
115 063
-
pensions
4 736
1 885
22 437
-
total
4 736
1 885
22 437
-
Corporate
108 479
125 950
-
-
income
9 763
11 335
-
-
total
9 763
11 335
-
-
Dividends
98 716
114 614
-
-
social contributions
19 139
22 239
-
-
withholding
18 756
21 777
-
-
total
37 895
44 016
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 856
60 207
57 789
42 246
After tax
77 644
77 293
79 711
95 254
Living cost
16 824
16 824
16 824
16 824
Free-cash
60 820
60 469
62 887
78 430

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87322
₽56576
₽51021
₽81490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
18 425
health
-
-
-
17 876
pensions
-
-
-
27 501
total
-
-
-
63 802
Employee
26 635
-
102 766
-
unemployment
426
-
1 645
-
pensions
533
-
2 056
-
income
2 999
-
19 812
-
total
3 958
-
23 513
-
Employer
26 635
-
102 766
-
health
3 462
-
13 359
-
pensions
5 327
-
20 554
-
unemployment
214
-
821
-
total
9 003
-
34 734
-
Corporate
101 863
137 500
-
-
income
20 372
27 501
-
-
total
20 372
27 501
-
-
Dividends
81 491
109 999
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
33 333
27 501
58 247
63 802
After tax
104 167
109 999
79 253
73 698
Living cost
22 677
22 677
22 677
22 677
Free-cash
81 490
87 322
56 576
51 021

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9793
₽52699
₽73172
₽7927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
240
income
-
-
-
36 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
43 397
Employee
32 926
-
121 992
-
pensions
3 708
-
7 259
-
income
4 517
-
27 135
-
health
3 770
-
13 968
-
total
11 995
-
48 362
-
Employer
32 926
-
121 992
-
pensions
5 354
-
10 482
-
accident
550
-
2 037
-
unemployment
807
-
2 989
-
total
6 711
-
15 508
-
Corporate
97 864
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.

88 077
123 750
-
-
total
88 077
123 750
-
-
Dividends
9 787
13 750
-
-
withholding
1 859
2 612
-
-
total
1 859
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
108 642
126 362
63 870
43 397
After tax
28 858
11 138
73 630
94 103
Living cost
20 931
20 931
20 931
20 931
Free-cash
7 927
-9 793
52 699
73 172

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123074
₽102449
₽128574
₽121659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
137 500
-
income
1 887
-
27 500
-
total
1 887
-
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%.

128 062
137 500
-
-
total
-
-
-
-
Dividends
128 062
137 500
-
-
withholding
6 403
6 875
-
-
total
6 403
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
8 290
6 875
27 500
1 375
After tax
129 210
130 625
110 000
136 125
Living cost
7 551
7 551
7 551
7 551
Free-cash
121 659
123 074
102 449
128 574

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76005
₽53581
₽47894
₽69664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 007
other
-
-
-
6 532
health
-
-
-
6 051
pensions

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

-
-
-
32 999
total
-
-
-
64 589
Employee
34 090
-
109 825
-
unemployment
340
-
1 098
-
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.

2 386
-
7 688
-
income
5 869
-
20 903
-
health
477
-
1 538
-
total
9 072
-
31 227
-
Employer
34 090
-
109 825
-
health
477
-
1 538
-
pensions

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

5 796
-
18 670
-
accident
273
-
878
-
unemployment
340
-
1 098
-
other
1 705
-
5 491
-
total
8 591
-
27 675
-
Corporate
94 819
137 500
-
-
income
19 912
28 874
-
-
total
19 912
28 874
-
-
Dividends
74 907
108 626
-
-
withholding
5 244
7 604
-
-
total
5 244
7 604
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 819
36 478
58 902
64 589
After tax
94 681
101 022
78 598
72 911
Living cost
25 017
25 017
25 017
25 017
Free-cash
69 664
76 005
53 581
47 894

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30074
₽17717
₽30320
₽27086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 278
pensions
-
-
-
7 906
total
-
-
-
44 184
Employee
89 130
-
120 375
-
pensions
8 599
-
9 933
-
income
16 067
-
27 877
-
health
1 469
-
1 855
-
total
26 135
-
39 665
-
Employer
89 130
-
120 375
-
health
1 693
-
2 288
-
pensions
10 524
-
14 834
-
total
12 217
-
17 122
-
Corporate
36 153
137 500
-
-
income

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

6 869
26 126
-
-
total
6 869
26 126
-
-
Dividends
29 285
111 374
-
-
withholding
2 197
18 304
-
-
total
2 197
18 304
-
-
Income
137 500
137 500
137 500
137 500
Total tax
47 418
44 430
56 787
44 184
After tax
90 082
93 070
80 713
93 316
Living cost
62 996
62 996
62 996
62 996
Free-cash
27 086
30 074
17 717
30 320

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽105253
₽100898
₽95808
₽100893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
20 625
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
29 382
Employee
16 300
-
131 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
13 107
-
health
750
-
1 509
-
total
3 990
-
17 857
-
Employer
16 300
-
131 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
118 001
137 500
-
-
income
11 800
13 750
-
-
total
11 800
13 750
-
-
Dividends
106 201
123 750
-
-
withholding
5 310
6 187
-
-
total
5 310
6 187
-
-
Income
137 500
137 500
137 500
137 500
Total tax
24 297
19 937
24 292
29 382
After tax
113 203
117 563
113 208
108 118
Living cost
12 310
12 310
12 310
12 310
Free-cash
100 893
105 253
100 898
95 808

Estimated living cost  is ₽12310 per week

₽7187
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.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15599
₽30819
₽25790
₽17958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 071
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
59 648
Employee
87 046
80 176
120 052
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
14 594
-
health
10 859
10 467
11 577
-
total
34 983
34 591
37 171
-
Employer
87 046
80 176
120 052
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
35 213
43 284
-
-
income
7 043
8 657
-
-
total
7 043
8 657
-
-
Dividends
28 170
34 626
-
-
income
5 987
7 358
-
-
withholding
4 226
5 194
-
-
total
10 213
12 552
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 480
69 839
54 619
59 648
After tax
70 020
67 661
82 881
77 852
Living cost
52 062
52 062
52 062
52 062
Free-cash
17 958
15 599
30 819
25 790

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71679
₽46786
₽49988
₽63477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
12 878
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
18 562
total
-
-
-
64 522
Employee
33 809
-
102 612
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
6 670
-
income
4 057
-
12 313
-
health
4 564
-
13 853
-
total
10 819
-
32 836
-
Employer
33 809
-
102 612
-
health
3 043
-
9 235
-
social contributions
8 452
-
25 653
-
total
11 495
-
34 888
-
Corporate
92 195
137 500
-
-
income
17 517
26 125
-
-
total
17 517
26 125
-
-
Dividends
74 678
111 375
-
-
withholding
11 202
16 706
-
-
total
11 202
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 033
42 831
67 724
64 522
After tax
86 467
94 669
69 776
72 978
Living cost
22 990
22 990
22 990
22 990
Free-cash
63 477
71 679
46 786
49 988

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
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.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33743
₽21311
₽27728
₽28843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 593
municipal
-
-
-
818
national
-
-
-
32 379
total
-
-
-
70 155
Employee
83 442
-
137 500
-
municipal
442
-
729
-
national
14 458
-
28 074
-
regional
787
-
1 404
-
social contributions
28 137
-
46 365
-
total
43 824
-
76 572
-
Employer
83 442
-
137 500
-
total
-
-
-
-
Corporate
54 058
137 500
-
-
municipal
2 108
5 363
-
-
nationa
12 974
33 001
-
-
total
15 082
38 364
-
-
Dividends
38 976
99 136
-
-
withholding
10 134
25 776
-
-
total
10 134
25 776
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 040
64 140
76 572
70 155
After tax
68 460
73 360
60 928
67 345
Living cost
39 617
39 617
39 617
39 617
Free-cash
28 843
33 743
21 311
27 728

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65770
₽40675
₽44529
₽62847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 314
other
-
-
-
-
surtax
-
-
-
4 768
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
72 253
Employee
31 048
-
113 591
-
other
-
-
-
-
unemployment
2 161
-
7 905
-
pensions
2 070
-
7 576
-
surtax
102
-
4 158
-
income
5 204
-
29 662
-
health
793
-
2 897
-
total
10 330
-
52 198
-
Employer
31 048
-
113 591
-
health
1 413
-
5 167
-
pensions
4 139
-
15 141
-
unemployment
983
-
3 601
-
other
-
-
-
-
total
6 535
-
23 909
-
Corporate
99 917
137 500
-
-
income
25 979
35 750
-
-
total
25 979
35 750
-
-
Dividends
73 938
101 750
-
-
withholding
11 091
15 262
-
-
total
11 091
15 262
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 935
51 012
76 107
72 253
After tax
83 565
86 488
61 393
65 247
Living cost
20 718
20 718
20 718
20 718
Free-cash
62 847
65 770
40 675
44 529

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50033
₽37676
₽50279
₽52571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 278
pensions
-
-
-
7 906
total
-
-
-
44 184
Employee
59 733
-
120 375
-
pensions
5 070
-
9 933
-
income
10 758
-
27 877
-
health
867
-
1 855
-
total
16 695
-
39 665
-
Employer
59 733
-
120 375
-
health
1 135
-
2 288
-
pensions
6 466
-
14 834
-
total
7 601
-
17 122
-
Corporate
70 166
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.

13 333
26 126
-
-
total
13 333
26 126
-
-
Dividends
56 834
111 374
-
-
withholding
4 263
18 304
-
-
total
4 263
18 304
-
-
Income
137 500
137 500
137 500
137 500
Total tax
41 892
44 430
56 787
44 184
After tax
95 608
93 070
80 713
93 316
Living cost
43 037
43 037
43 037
43 037
Free-cash
52 571
50 033
37 676
50 279

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11404
₽31803
₽38484
₽20376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 749
regional
-
-
-
5 977
health
-
-
-
309
city
-
-
-
1 450
national
-
-
-
1 601
pensions
-
-
-
12 650
total
-
-
-
24 736
Employee
86 926
-
123 070
-
unemployment
-
-
-
-
pensions
7 303
-
10 338
-
national
411
-
1 282
-
regional
2 846
-
5 122
-
city
933
-
1 322
-
health
197
-
277
-
total
11 690
-
18 341
-
Employer
86 926
-
123 070
-
health
197
-
277
-
pensions
7 303
-
10 338
-
unemployment
-
-
-
-
other

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

1 738
-
2 461
-
total
9 238
-
13 076
-
Corporate
40 380
137 500
-
-
regional
8 541
29 082
-
-
national
3 432
11 687
-
-
total
11 973
40 769
-
-
Dividends
28 407
96 731
-
-
withholding
9 943
33 855
-
-
total
9 943
33 855
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 844
74 624
31 417
24 736
After tax
94 656
62 876
106 083
112 764
Living cost
74 280
74 280
74 280
74 280
Free-cash
20 376
-11 404
31 803
38 484

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24968
₽46496
₽30400
₽40196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income

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

-
-
-
39 411
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.

-
-
-
2 168
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.

-
-
-
6 414
trade
-
-
-
16 096
total
-
-
-
64 089
Employee

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

56 425
-
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.

365
-
2 168
-
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.

6 635
-
39 411
-
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.

6 414
-
6 414
-
total
13 414
-
47 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 075
137 500
-
-
income
12 162
20 625
-
-
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.

668
1 135
-
-
chamber of commerce
257
337
-
-
trade
13 904
23 581
-
-
total
26 991
45 678
-
-
Dividends
54 084
91 823
-
-
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.

723
1 244
-
-
withholding
13 165
22 599
-
-
total
13 888
23 843
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 293
69 521
47 993
64 089
After tax
83 207
67 979
89 507
73 411
Living cost
43 010
43 010
43 010
43 010
Free-cash
40 196
24 968
46 496
30 400

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37178
₽46559
₽45816
₽42723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 263
other
-
-
-
4 262
surtax
-
-
-
-
social contributions
-
-
-
3 918
health
-
-
-
4 944
pensions
-
-
-
27 175
total
-
-
-
59 562
Employee
40 183
-
108 104
-
pensions
4 543
-
6 819
-
surtax
-
-
-
-
social contributions
1 146
-
3 081
-
income
2 371
-
19 522
-
total
8 060
-
29 422
-
Employer
40 183
-
108 104
-
health
2 813
-
9 175
-
pensions
6 601
-
11 601
-
unemployment
1 627
-
4 378
-
social contributions
121
-
324
-
other
1 386
-
3 919
-
total
12 548
-
29 397
-
Corporate
84 769
137 500
-
-
income
23 736
38 501
-
-
surtax
-
-
-
-
total
23 736
38 501
-
-
Dividends
61 033
98 999
-
-
surtax
-
-
-
-
social contributions
10 498
17 028
-
-
withholding
7 813
12 671
-
-
total
18 311
29 699
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 655
68 200
58 819
59 562
After tax
74 845
69 300
78 681
77 938
Living cost
32 122
32 122
32 122
32 122
Free-cash
42 723
37 178
46 559
45 816

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40360
₽49741
₽48998
₽45575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 263
other
-
-
-
4 262
surtax
-
-
-
-
social contributions
-
-
-
3 918
health
-
-
-
4 944
pensions
-
-
-
27 175
total
-
-
-
59 562
Employee
35 869
-
108 104
-
pensions
4 057
-
6 819
-
surtax
-
-
-
-
social contributions
1 023
-
3 081
-
income
1 849
-
19 522
-
total
6 929
-
29 422
-
Employer
35 869
-
108 104
-
health
2 510
-
9 175
-
pensions
5 894
-
11 601
-
unemployment
1 452
-
4 378
-
social contributions
107
-
324
-
other
1 238
-
3 919
-
total
11 201
-
29 397
-
Corporate
90 430
137 500
-
-
income
25 320
38 501
-
-
surtax
-
-
-
-
total
25 320
38 501
-
-
Dividends
65 110
98 999
-
-
surtax
-
-
-
-
social contributions
11 200
17 028
-
-
withholding
8 335
12 671
-
-
total
19 535
29 699
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 985
68 200
58 819
59 562
After tax
74 515
69 300
78 681
77 938
Living cost
28 940
28 940
28 940
28 940
Free-cash
45 575
40 360
49 741
48 998

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
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.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63980
₽66376
₽68393
₽64466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
20 625
social contributions
-
-
-
18 975
health
-
-
-
9 598
total
-
-
-
49 198
Employee
31 834
-
137 500
-
social contributions
4 394
-
18 975
-
income
5 309
-
22 642
-
health
2 222
-
9 598
-
total
11 925
-
51 215
-
Employer
31 834
-
137 500
-
total
-
-
-
-
Corporate
105 666
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%.

5 283
6 876
-
-
total
5 283
6 876
-
-
Dividends
100 384
130 624
-
-
social contributions
13 853
18 025
-
-
withholding
15 057
19 593
-
-
health
7 007
9 117
-
-
total
35 917
46 735
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 125
53 611
51 215
49 198
After tax
84 375
83 889
86 285
88 302
Living cost
19 909
19 909
19 909
19 909
Free-cash
64 466
63 980
66 376
68 393

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43263
₽3024
₽37182
₽41808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 060
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
551
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
67 236
Employee
46 921
37 416
106 628
-
other
469
374
1 065
-
unemployment
1 408
1 122
3 198
-
pensions
4 805
3 831
10 918
-
income
5 342
2 760
25 450
-
health
1 816
1 449
4 126
-
total
13 840
9 536
44 757
-
Employer
46 921
37 416
106 628
-
chamber of commerce
187
150
426
-
health
1 773
1 415
4 030
-
pensions
5 889
4 697
13 382
-
accident
609
486
1 386
-
unemployment
1 408
1 122
3 198
-
surtax
185
185
185
-
payroll
1 408
1 122
3 198
-
other
2 229
1 776
5 065
-
total
13 688
10 953
30 870
-
Corporate
76 892
89 130
103 065
-
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.

19 223
22 282
25 767
-
total
19 223
22 282
25 767
-
Dividends
57 669
66 849
-
-
withholding
15 859
18 384
-
-
total
15 859
18 384
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 610
61 155
101 394
67 236
After tax
74 890
76 345
36 106
70 264
Living cost
33 082
33 082
33 082
33 082
Free-cash
41 808
43 263
3 024
37 182

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽42722
₽15734
₽26024
₽28642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
communal

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

-
-
-
6 958
social contributions
-
-
-
21 531
national
-
-
-
48 754
total
-
-
-
77 243
Employee

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

67 159
-
106 498
-
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.

584
-
926
-
communal

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

3 503
-
5 555
-
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.

5 037
-
7 987
-
national
20 647
-
37 059
-
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.

3 155
-
5 005
-
total
32 926
-
56 532
-
Employer

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

67 159
-
106 498
-
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.

4 130
-
6 550
-
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.

5 951
-
9 436
-
accident

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

873
-
1 384
-
unemployment

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

980
-
1 555
-
surtax
7 615
-
12 076
-
total
19 549
-
31 001
-
Corporate
50 793
137 500
-
-
income
10 159
27 501
-
-
surtax
203
551
-
-
total
10 362
28 052
-
-
Dividends
40 430
109 449
-
-
withholding

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

11 788
32 493
-
-
total
11 788
32 493
-
-
Income
137 500
137 500
137 500
137 500
Total tax
74 625
60 545
87 533
77 243
After tax
62 875
76 955
49 967
60 257
Living cost
34 233
34 233
34 233
34 233
Free-cash
28 642
42 722
15 734
26 024

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽58083
₽39416
₽43570
₽51158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
784
income
-
-
-
33 916
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
60 023
Employee
46 735
-
109 757
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
30 906
-
total
12 829
-
36 433
-
Employer
46 735
-
109 757
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
75 868
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.

11 380
20 625
-
-
total
11 380
20 625
-
-
Dividends
64 488
116 875
-
-
withholding
13 329
24 885
-
-
total
13 329
24 885
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 435
45 510
64 177
60 023
After tax
85 065
91 990
73 323
77 477
Living cost
33 907
33 907
33 907
33 907
Free-cash
51 158
58 083
39 416
43 570

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30924
₽25563
₽20081
₽20394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
communal
-
-
-
8 689
accident
-
-
-
1 160
income
-
-
-
19 461
surtax
-
-
-
6 817
health
-
-
-
9 660
pensions
-
-
-
20 609
total
-
-
-
66 396
Employee
71 101
-
122 824
-
pensions
5 687
-
9 826
-
surtax
4 358
-
7 528
-
income
6 868
-
23 420
-
health
3 164
-
5 464
-
total
20 077
-
46 238
-
Employer
71 101
-
122 824
-
health
2 168
-
3 745
-
pensions
5 687
-
9 826
-
accident
640
-
1 105
-
total
8 495
-
14 676
-
Corporate
57 904
137 500
-
-
communal
3 909
9 281
-
-
income
8 686
20 625
-
-
surtax
608
1 443
-
-
total
13 203
31 349
-
-
Dividends
44 702
106 151
-
-
income
17 603
8 281
-
-
withholding
6 705
15 923
-
-
total
24 308
24 204
-
-
Income
137 500
137 500
137 500
137 500
Total tax
66 083
55 553
60 914
66 396
After tax
71 417
81 947
76 586
71 104
Living cost
51 023
51 023
51 023
51 023
Free-cash
20 394
30 924
25 563
20 081

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
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.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65400
₽40305
₽44159
₽62412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 314
other
-
-
-
-
surtax
-
-
-
4 768
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
72 253
Employee
31 618
-
113 591
-
other
-
-
-
-
unemployment
2 200
-
7 905
-
pensions
2 110
-
7 576
-
surtax
112
-
4 158
-
income
5 301
-
29 662
-
health
807
-
2 897
-
total
10 530
-
52 198
-
Employer
31 618
-
113 591
-
health
1 438
-
5 167
-
pensions
4 216
-
15 141
-
unemployment
1 003
-
3 601
-
other
-
-
-
-
total
6 657
-
23 909
-
Corporate
99 225
137 500
-
-
income
25 799
35 750
-
-
total
25 799
35 750
-
-
Dividends
73 426
101 750
-
-
withholding
11 014
15 262
-
-
total
11 014
15 262
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 000
51 012
76 107
72 253
After tax
83 500
86 488
61 393
65 247
Living cost
21 088
21 088
21 088
21 088
Free-cash
62 412
65 400
40 305
44 159

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46980
₽35191
₽41574
₽44898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 073
municipal
-
-
-
818
national
-
-
-
32 379
total
-
-
-
70 635
Employee
52 081
-
137 500
-
municipal
276
-
729
-
national
8 251
-
28 074
-
regional
701
-
1 850
-
social contributions
17 562
-
46 365
-
total
26 790
-
77 018
-
Employer
52 081
-
137 500
-
total
-
-
-
-
Corporate
85 419
137 500
-
-
municipal
4 246
6 835
-
-
nationa
20 500
33 001
-
-
total
24 746
39 836
-
-
Dividends
60 673
97 665
-
-
withholding
15 775
25 393
-
-
total
15 775
25 393
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 311
65 229
77 018
70 635
After tax
70 189
72 271
60 482
66 865
Living cost
25 291
25 291
25 291
25 291
Free-cash
44 898
46 980
35 191
41 574

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66339
₽41446
₽44648
₽56232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
12 878
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
18 562
total
-
-
-
64 522
Employee
41 662
-
102 612
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
6 670
-
income
4 999
-
12 313
-
health
5 624
-
13 853
-
total
13 331
-
32 836
-
Employer
41 662
-
102 612
-
health
3 750
-
9 235
-
social contributions
10 416
-
25 653
-
total
14 166
-
34 888
-
Corporate
81 673
137 500
-
-
income
15 518
26 125
-
-
total
15 518
26 125
-
-
Dividends
66 155
111 375
-
-
withholding
9 923
16 706
-
-
total
9 923
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 938
42 831
67 724
64 522
After tax
84 562
94 669
69 776
72 978
Living cost
28 330
28 330
28 330
28 330
Free-cash
56 232
66 339
41 446
44 648

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46493
₽6181
₽40495
₽46028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 060
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
551
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
67 051
Employee
41 041
37 416
106 771
-
other
410
374
1 067
-
unemployment
1 231
1 122
3 203
-
pensions
4 203
3 831
10 933
-
income
3 656
2 760
25 498
-
health
1 587
1 449
4 132
-
total
11 087
9 536
44 833
-
Employer
41 041
37 416
106 771
-
chamber of commerce
164
150
428
-
health
1 552
1 415
4 036
-
pensions
5 151
4 697
13 400
-
accident
533
486
1 388
-
unemployment
1 231
1 122
3 203
-
surtax
-
-
-
-
payroll
1 231
1 122
3 203
-
other
1 949
1 776
5 071
-
total
11 811
10 768
30 729
-
Corporate
84 648
89 316
103 208
-
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.

21 161
22 328
25 803
-
total
21 161
22 328
25 803
-
Dividends
63 487
66 987
-
-
withholding
17 459
18 421
-
-
total
17 459
18 421
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 518
61 053
101 365
67 051
After tax
75 982
76 447
36 135
70 449
Living cost
29 954
29 954
29 954
29 954
Free-cash
46 028
46 493
6 181
40 495

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118858
₽98233
₽124358
₽116651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
microenterprise

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

-
-
-
1 375
total
-
-
-
1 375
Employee
14 709
-
137 500
-
income
2 942
-
27 500
-
total
2 942
-
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%.

122 791
137 500
-
-
total
-
-
-
-
Dividends
122 791
137 500
-
-
withholding
6 140
6 875
-
-
total
6 140
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
9 082
6 875
27 500
1 375
After tax
128 418
130 625
110 000
136 125
Living cost
11 767
11 767
11 767
11 767
Free-cash
116 651
118 858
98 233
124 358

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69485
₽39747
₽43387
₽61633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
137 500
income
-
-
-
30 082
unemployment
-
-
-
207
health
-
-
-
13 530
pensions
-
-
-
25 111
total
-
-
-
68 930
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.

41 517
-
118 974
-
unemployment
59
-
166
-
pensions
6 435
-
18 441
-
income
7 160
-
27 753
-
health
2 681
-
7 686
-
total
16 335
-
54 046
-
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.

41 517
-
118 974
-
health
2 765
-
7 923
-
pensions
3 674
-
10 530
-
unemployment
25
-
71
-
total
6 464
-
18 524
-
Corporate
89 519
137 500
-
-
income
17 008
26 125
-
-
total
17 008
26 125
-
-
Dividends
72 510
111 375
-
-
withholding
10 877
16 707
-
-
total
10 877
16 707
-
-
Income
137 500
137 500
137 500
137 500
Total tax
50 684
42 832
72 570
68 930
After tax
86 816
94 668
64 930
68 570
Living cost
25 183
25 183
25 183
25 183
Free-cash
61 633
69 485
39 747
43 387

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43554
₽85173
₽54922
-₽1073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
26 802
social contributions
-
-
-
15 675
total
-
-
-
42 477
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
53 845
12 226
42 477
After tax
39 028
83 655
125 274
95 023
Living cost
40 101
40 101
40 101
40 101
Free-cash
-1 073
43 554
85 173
54 922

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48761
₽35552
₽45151
₽47814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income
-
-
-
15 117
surtax
-
-
-
-
social contributions

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

-
-
-
47 782
total
-
-
-
62 899
Employee
43 181
-
111 111
-
surtax
-
-
-
-
social contributions
4 750
-
12 222
-
income
8 982
-
33 887
-
total
13 732
-
46 109
-
Employer
43 181
-
111 111
-
social contributions
10 255
-
26 389
-
total
10 255
-
26 389
-
Corporate
84 063
137 500
-
-
income
17 653
28 874
-
-
surtax
-
-
-
-
total
17 653
28 874
-
-
Dividends
66 410
108 626
-
-
withholding
18 596
30 415
-
-
total
18 596
30 415
-
-
Income
137 500
137 500
137 500
137 500
Total tax
60 236
59 289
72 498
62 899
After tax
77 264
78 211
65 002
74 601
Living cost
29 450
29 450
29 450
29 450
Free-cash
47 814
48 761
35 552
45 151

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23953
₽33334
₽32591
₽30406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 263
other
-
-
-
4 262
surtax
-
-
-
-
social contributions
-
-
-
3 918
health
-
-
-
4 944
pensions
-
-
-
27 175
total
-
-
-
59 562
Employee
58 804
-
108 104
-
pensions
6 651
-
6 819
-
surtax
-
-
-
-
social contributions
1 675
-
3 081
-
income
5 131
-
19 522
-
total
13 457
-
29 422
-
Employer
58 804
-
108 104
-
health
4 116
-
9 175
-
pensions
9 662
-
11 601
-
unemployment
2 382
-
4 378
-
social contributions
176
-
324
-
other
2 029
-
3 919
-
total
18 365
-
29 397
-
Corporate
60 330
137 500
-
-
income
16 892
38 501
-
-
surtax
-
-
-
-
total
16 892
38 501
-
-
Dividends
43 438
98 999
-
-
surtax
-
-
-
-
social contributions
7 472
17 028
-
-
withholding
5 561
12 671
-
-
total
13 033
29 699
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 747
68 200
58 819
59 562
After tax
75 753
69 300
78 681
77 938
Living cost
45 347
45 347
45 347
45 347
Free-cash
30 406
23 953
33 334
32 591

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95529
₽77658
₽74004
₽92373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 024
social contributions
-
-
-
30 250
total
-
-
-
35 274
Employee
30 184
-
119 049
-
income
-
-
5 429
-
social contributions
1 962
-
7 740
-
total
1 962
-
13 169
-
Employer
30 184
-
119 049
-
social contributions
4 679
-
18 451
-
total
4 679
-
18 451
-
Corporate
102 637
137 500
-
-
income
10 264
13 749
-
-
total
10 264
13 749
-
-
Dividends
92 373
123 751
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
16 905
13 749
31 620
35 274
After tax
120 595
123 751
105 880
102 226
Living cost
28 222
28 222
28 222
28 222
Free-cash
92 373
95 529
77 658
74 004

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
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.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67058
-₽67058
₽37489
-₽67058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 935
municipal
-
-
-
27 814
national
-
-
-
15 232
pensions
-
-
-
814
total
-
-
-
54 795
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
159 342
159 342
159 342
54 795
After tax
-21 842
-21 842
-21 842
82 705
Living cost
45 216
45 216
45 216
45 216
Free-cash
-67 058
-67 058
-67 058
37 489

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9484
₽53008
₽73481
₽7975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
240
income
-
-
-
36 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
43 397
Employee
32 441
-
121 992
-
pensions
3 653
-
7 259
-
income
4 450
-
27 135
-
health
3 715
-
13 968
-
total
11 818
-
48 362
-
Employer
32 441
-
121 992
-
pensions
5 275
-
10 482
-
accident
542
-
2 037
-
unemployment
795
-
2 989
-
total
6 612
-
15 508
-
Corporate
98 448
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.

88 603
123 750
-
-
total
88 603
123 750
-
-
Dividends
9 845
13 750
-
-
withholding
1 870
2 612
-
-
total
1 870
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
108 903
126 362
63 870
43 397
After tax
28 597
11 138
73 630
94 103
Living cost
20 622
20 622
20 622
20 622
Free-cash
7 975
-9 484
53 008
73 481

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51845
₽37857
₽56690
₽53534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 726
municipal
-
-
-
24 440
national
-
-
-
18 598
total
-
-
-
44 764
Employee
49 396
-
115 672
-
municipal
8 091
-
18 854
-
unemployment
741
-
1 735
-
pensions
3 334
-
7 807
-
national
816
-
11 983
-
health
369
-
1 390
-
total
13 351
-
41 769
-
Employer
49 396
-
115 672
-
health
380
-
891
-
pensions
8 570
-
20 069
-
accident
50
-
116
-
unemployment
321
-
752
-
total
9 321
-
21 828
-
Corporate
78 784
137 500
-
-
income
15 757
27 501
-
-
total
15 757
27 501
-
-
Dividends

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

47 270
82 500
-
-
municipal
8 509
14 850
-
-
national
982
7 258
-
-
total
9 491
22 108
-
-
Income
137 500
137 500
137 500
137 500
Total tax
47 920
49 609
63 597
44 764
After tax
89 580
87 891
73 903
92 736
Living cost
36 046
36 046
36 046
36 046
Free-cash
53 534
51 845
37 857
56 690

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78660
₽72355
₽73639
₽73551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 426
social contributions
-
-
-
15 191
health
-
-
-
3 506
total
-
-
-
42 123
Employee
72 195
72 195
127 068
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
22 734
-
health
559
1 228
2 159
-
total
11 150
13 903
32 975
-
Employer
72 195
72 195
127 068
-
health
608
1 336
2 350
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
10 432
-
Corporate
101 275
57 977
-
-
income
12 659
7 248
-
-
total
12 659
7 248
-
-
Dividends
88 616
50 729
-
-
withholding
15 064
8 623
-
-
total
15 064
8 623
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 211
37 102
43 407
42 123
After tax
95 289
100 398
94 093
95 377
Living cost
21 738
21 738
21 738
21 738
Free-cash
73 551
78 660
72 355
73 639

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98957
₽80605
₽99436
₽94180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
137 500
income
-
-
-
13 760
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
23 157
Employee

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

21 550
-
128 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
11 432
-
health
1 832
-
7 572
-
total
6 644
-
32 812
-
Employer

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

21 550
-
128 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
113 731
137 500
-
-
income
10 236
12 376
-
-
total
10 236
12 376
-
-
Dividends
103 495
125 124
-
-
withholding
9 315
11 260
-
-
total
9 315
11 260
-
-
Income
137 500
137 500
137 500
137 500
Total tax
28 413
23 636
41 988
23 157
After tax
109 087
113 864
95 512
114 343
Living cost
14 907
14 907
14 907
14 907
Free-cash
94 180
98 957
80 605
99 436

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66172
₽47505
₽51659
₽61801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
784
income
-
-
-
33 916
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
60 023
Employee
34 716
-
109 757
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
30 906
-
total
8 897
-
36 433
-
Employer
34 716
-
109 757
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
91 716
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.

13 758
20 625
-
-
total
13 758
20 625
-
-
Dividends
77 958
116 875
-
-
withholding
16 158
24 885
-
-
total
16 158
24 885
-
-
Income
137 500
137 500
137 500
137 500
Total tax
49 881
45 510
64 177
60 023
After tax
87 619
91 990
73 323
77 477
Living cost
25 818
25 818
25 818
25 818
Free-cash
61 801
66 172
47 505
51 659

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83903
₽86230
₽86364
₽83591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
46 852
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
49 239
Employee
2 889
-
135 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
46 779
-
health
144
-
346
-
total
992
-
47 817
-
Employer
2 889
-
135 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
133 960
137 500
-
-
income
29 471
30 250
-
-
total
29 471
30 250
-
-
Dividends
104 489
107 250
-
-
withholding
20 898
21 450
-
-
total
20 898
21 450
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 012
51 700
49 373
49 239
After tax
85 488
85 800
88 127
88 261
Living cost
1 897
1 897
1 897
1 897
Free-cash
83 591
83 903
86 230
86 364

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83099
₽64562
₽64563
₽78474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
137 500
income
-
-
-
30 451
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
56 692
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.

24 497
-
125 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
30 451
-
health
1 262
-
3 575
-
total
8 253
-
44 266
-
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.

24 497
-
125 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
108 618
137 500
-
-
income
16 293
20 625
-
-
total
16 293
20 625
-
-
Dividends
92 326
116 875
-
-
withholding
13 849
17 531
-
-
total
13 849
17 531
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 781
38 156
56 693
56 692
After tax
94 719
99 344
80 807
80 808
Living cost
16 245
16 245
16 245
16 245
Free-cash
78 474
83 099
64 562
64 563

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
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.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52899
₽39690
₽49289
₽52561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income
-
-
-
15 117
surtax
-
-
-
-
social contributions

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

-
-
-
47 782
total
-
-
-
62 899
Employee
36 440
-
111 111
-
surtax
-
-
-
-
social contributions
4 009
-
12 222
-
income
7 120
-
33 887
-
total
11 129
-
46 109
-
Employer
36 440
-
111 111
-
social contributions
8 654
-
26 389
-
total
8 654
-
26 389
-
Corporate
92 406
137 500
-
-
income
19 404
28 874
-
-
surtax
-
-
-
-
total
19 404
28 874
-
-
Dividends
73 002
108 626
-
-
withholding
20 440
30 415
-
-
total
20 440
30 415
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 627
59 289
72 498
62 899
After tax
77 873
78 211
65 002
74 601
Living cost
25 312
25 312
25 312
25 312
Free-cash
52 561
52 899
39 690
49 289

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58994
₽40327
₽44481
₽52390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
784
income
-
-
-
33 916
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
60 023
Employee
45 344
-
109 757
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
30 906
-
total
12 349
-
36 433
-
Employer
45 344
-
109 757
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
77 700
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.

11 654
20 625
-
-
total
11 654
20 625
-
-
Dividends
66 046
116 875
-
-
withholding
13 655
24 885
-
-
total
13 655
24 885
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 114
45 510
64 177
60 023
After tax
85 386
91 990
73 323
77 477
Living cost
32 996
32 996
32 996
32 996
Free-cash
52 390
58 994
40 327
44 481

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101412
₽97057
₽91967
₽95689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
20 625
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
29 382
Employee
21 387
-
131 066
-
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
-
2 880
-
income
2 139
-
13 107
-
health
984
-
1 509
-
total
5 236
-
17 857
-
Employer
21 387
-
131 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
111 917
137 500
-
-
income
11 192
13 750
-
-
total
11 192
13 750
-
-
Dividends
100 726
123 750
-
-
withholding
5 036
6 187
-
-
total
5 036
6 187
-
-
Income
137 500
137 500
137 500
137 500
Total tax
25 660
19 937
24 292
29 382
After tax
111 840
117 563
113 208
108 118
Living cost
16 151
16 151
16 151
16 151
Free-cash
95 689
101 412
97 057
91 967

Estimated living cost  is ₽16151 per week

₽10682
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.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34563
₽53259
₽39791
₽46845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income

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

-
-
-
39 411
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.

-
-
-
2 168
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.

-
-
-
6 414
trade
-
-
-
13 468
total
-
-
-
61 461
Employee

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

46 715
-
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.

212
-
2 168
-
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.

3 841
-
39 411
-
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.

6 414
-
6 414
-
total
10 467
-
47 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 785
137 500
-
-
income
13 618
20 625
-
-
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.

748
1 135
-
-
chamber of commerce
276
344
-
-
trade
13 028
19 731
-
-
total
27 670
41 835
-
-
Dividends
63 115
95 666
-
-
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.

848
1 295
-
-
withholding
15 422
23 559
-
-
total
16 270
24 854
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 407
66 689
47 993
61 461
After tax
83 093
70 811
89 507
76 039
Living cost
36 248
36 248
36 248
36 248
Free-cash
46 845
34 563
53 259
39 791

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42767
₽22241
₽22241
₽44841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 481
social contributions
-
-
-
22 295
total
-
-
-
61 776
Employee
73 441
-
137 500
-
income
13 858
-
39 481
-
social contributions
6 101
-
22 295
-
total
19 959
-
61 776
-
Employer
73 441
-
137 500
-
total
-
-
-
-
Corporate
64 059
137 500
-
-
income
8 007
17 188
-
-
total
8 007
17 188
-
-
Dividends
56 052
120 312
-
-
withholding
11 210
24 062
-
-
total
11 210
24 062
-
-
Income
137 500
137 500
137 500
137 500
Total tax
39 176
41 250
61 776
61 776
After tax
98 324
96 250
75 724
75 724
Living cost
53 483
53 483
53 483
53 483
Free-cash
44 841
42 767
22 241
22 241

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50333
₽65384
₽71013
₽53615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
133 181
-
income
4 673
-
29 396
-
social contributions
4 315
-
4 319
-
total
8 988
-
33 715
-
Employer
43 070
-
133 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
90 115
137 500
-
-
income
31 540
48 125
-
-
total
31 540
48 125
-
-
Dividends
58 575
89 375
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
137 500
137 500
137 500
137 500
Total tax
49 803
53 085
38 034
32 405
After tax
87 697
84 415
99 466
105 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
53 615
50 333
65 384
71 013

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58082
₽45725
₽58328
₽62720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 278
pensions
-
-
-
7 906
total
-
-
-
44 184
Employee
48 026
-
120 375
-
pensions
3 666
-
9 933
-
income
8 746
-
27 877
-
health
626
-
1 855
-
total
13 038
-
39 665
-
Employer
48 026
-
120 375
-
health
913
-
2 288
-
pensions
4 852
-
14 834
-
total
5 765
-
17 122
-
Corporate
83 709
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.

15 905
26 126
-
-
total
15 905
26 126
-
-
Dividends
67 804
111 374
-
-
withholding
5 084
18 304
-
-
total
5 084
18 304
-
-
Income
137 500
137 500
137 500
137 500
Total tax
39 792
44 430
56 787
44 184
After tax
97 708
93 070
80 713
93 316
Living cost
34 988
34 988
34 988
34 988
Free-cash
62 720
58 082
45 725
58 328

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11526
₽50966
₽71439
₽7663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
accident
-
-
-
240
income
-
-
-
36 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
43 397
Employee
35 652
-
121 992
-
pensions
4 014
-
7 259
-
income
4 891
-
27 135
-
health
4 082
-
13 968
-
total
12 987
-
48 362
-
Employer
35 652
-
121 992
-
pensions
5 797
-
10 482
-
accident
595
-
2 037
-
unemployment
873
-
2 989
-
total
7 265
-
15 508
-
Corporate
94 583
137 500
-
-
income

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

85 124
123 750
-
-
total
85 124
123 750
-
-
Dividends
9 458
13 750
-
-
withholding
1 797
2 612
-
-
total
1 797
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
107 173
126 362
63 870
43 397
After tax
30 327
11 138
73 630
94 103
Living cost
22 664
22 664
22 664
22 664
Free-cash
7 663
-11 526
50 966
71 439

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
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.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103019
₽81911
₽64753
₽98625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 248
unemployment
-
-
-
1 650
work injury
-
-
-
687
health insurance
-
-
-
10 175
pensions
-
-
-
25 300
total
-
-
-
60 060
Employee

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

20 298
-
137 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
22 248
-
total
7 612
-
42 902
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 202
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%.

1 172
1 375
-
-
total
1 172
1 375
-
-
Dividends
116 030
136 125
-
-
withholding
17 404
20 419
-
-
total
17 404
20 419
-
-
Income
137 500
137 500
137 500
137 500
Total tax
26 188
21 794
42 902
60 060
After tax
111 312
115 706
94 598
77 440
Living cost
12 687
12 687
12 687
12 687
Free-cash
98 625
103 019
81 911
64 753

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35022
₽22122
₽28315
₽30754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 119
municipal
-
-
-
919
national
-
-
-
32 379
total
-
-
-
71 782
Employee
79 116
-
137 500
-
municipal
472
-
820
-
national
13 370
-
28 074
-
regional
1 194
-
2 716
-
social contributions
26 677
-
46 365
-
total
41 713
-
77 975
-
Employer
79 116
-
137 500
-
total
-
-
-
-
Corporate
58 384
137 500
-
-
municipal
2 813
6 628
-
-
nationa
14 013
33 001
-
-
total
16 826
39 629
-
-
Dividends
41 558
97 871
-
-
withholding
10 804
25 446
-
-
total
10 804
25 446
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 343
65 075
77 975
71 782
After tax
68 157
72 425
59 525
65 718
Living cost
37 403
37 403
37 403
37 403
Free-cash
30 754
35 022
22 122
28 315

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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