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
₽38684
₽49905
₽45593
₽59819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
trade
-
-
-
14 226
income

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

-
-
-
37 930
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.

-
-
-
6 932
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.

-
-
-
2 085
total
-
-
-
61 173
Employee

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

38 810
-
137 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
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.

60
-
2 085
-
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.

1 084
-
37 930
-
total
8 076
-
46 947
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 690
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.

815
1 134
-
-
income
14 804
20 625
-
-
trade
15 543
21 657
-
-
chamber of commerce
297
352
-
-
total
31 459
43 768
-
-
Dividends
67 232
93 732
-
-
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.

903
1 267
-
-
withholding
16 423
23 047
-
-
total
17 326
24 314
-
-
Income
137 500
137 500
137 500
137 500
Total tax
56 861
68 082
46 947
61 173
After tax
80 639
69 418
90 553
76 327
Living cost
30 734
30 734
30 734
30 734
Free-cash
49 905
38 684
59 819
45 593

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
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.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34674
₽33825
₽30716
₽31795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
municipal
-
-
-
14 779
pensions
-
-
-
16 500
national
-
-
-
22 901
social contributions
-
-
-
1 478
total
-
-
-
55 658
Employee
79 255
-
118 868
-
municipal
9 789
-
15 311
-
pensions
3 170
-
4 755
-
national
15 169
-
23 726
-
total
28 128
-
43 792
-
Employer
79 255
-
118 868
-
social contributions
852
-
1 278
-
pensions
6 340
-
9 509
-
total
7 192
-
10 787
-
Corporate
45 822
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%.

9 164
27 500
-
-
total
9 164
27 500
-
-
Dividends
36 658
110 000
-
-
withholding
8 065
24 200
-
-
total
8 065
24 200
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 549
51 700
54 579
55 658
After tax
84 951
85 800
82 921
81 842
Living cost
51 126
51 126
51 126
51 126
Free-cash
33 825
34 674
31 795
30 716

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88889
₽80567
₽20924
₽55980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
21 527
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.

-
-
-
38 877
total
-
-
-
95 466
Employee
29 650
-
110 806
-
social contributions

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

3 262
-
12 189
-
surtax
-
-
-
-
income
5 278
-
21 527
-
total
8 540
-
33 716
-
Employer
29 650
-
110 806
-
social contributions

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

7 142
-
26 694
-
surtax
-
-
-
-
total
7 142
-
26 694
-
Corporate
100 708
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%.

20 141
27 501
-
-
total
20 141
27 501
-
-
Dividends

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

80 567
109 999
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
35 823
27 501
60 410
95 466
After tax
101 677
109 999
77 090
42 034
Living cost
21 110
21 110
21 110
21 110
Free-cash
80 567
88 889
55 980
20 924

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24953
₽18737
₽36274
₽37553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
34 319
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
58 719
Employee
86 650
86 650
118 643
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
14 183
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
38 583
-
Employer
86 650
86 650
118 643
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
36 739
35 677
-
-
income
7 348
7 136
-
-
total
7 348
7 136
-
-
Dividends
29 392
28 540
-
-
income
6 245
6 066
-
-
withholding
4 410
4 281
-
-
total
10 655
10 347
-
-
Income
137 500
137 500
137 500
137 500
Total tax
76 256
70 040
57 440
58 719
After tax
61 244
67 460
80 060
78 781
Living cost
42 507
42 507
42 507
42 507
Free-cash
18 737
24 953
37 553
36 274

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35970
₽35093
₽33618
₽32564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
municipal
-
-
-
33 598
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
6 350
total
-
-
-
64 777
Employee
55 722
-
110 571
-
municipal
16 616
-
32 972
-
national
-
-
5 930
-
total
16 616
-
38 902
-
Employer
55 722
-
110 571
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
64 271
137 500
-
-
income
14 140
30 250
-
-
total
14 140
30 250
-
-
Dividends
50 131
107 250
-
-
withholding
15 039
32 175
-
-
total
15 039
32 175
-
-
Income
137 500
137 500
137 500
137 500
Total tax
63 302
62 425
65 831
64 777
After tax
74 198
75 075
71 669
72 723
Living cost
39 105
39 105
39 105
39 105
Free-cash
35 093
35 970
32 564
33 618

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28850
₽43105
₽35834
₽50692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
trade
-
-
-
14 858
income

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

-
-
-
37 930
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.

-
-
-
6 932
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.

-
-
-
2 085
total
-
-
-
61 805
Employee

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

51 457
-
137 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
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.

243
-
2 085
-
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.

4 421
-
37 930
-
total
11 596
-
46 947
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 043
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.

711
1 134
-
-
income
12 907
20 625
-
-
trade
14 155
22 620
-
-
chamber of commerce
277
350
-
-
total
28 050
44 729
-
-
Dividends
57 994
92 771
-
-
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.

776
1 254
-
-
withholding
14 112
22 806
-
-
total
14 888
24 060
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 534
68 789
46 947
61 805
After tax
82 966
68 711
90 553
75 695
Living cost
39 861
39 861
39 861
39 861
Free-cash
43 105
28 850
50 692
35 834

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67529
₽63323
₽63136
₽61813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
21 530
health
-
-
-
3 506
social contributions
-
-
-
16 417
total
-
-
-
41 453
Employee
78 025
78 025
126 426
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
2 149
-
income
8 193
7 223
20 819
-
total
12 760
15 026
31 702
-
Employer
78 025
78 025
126 426
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
2 340
-
total
4 636
7 920
11 074
-
Corporate
87 191
51 556
-
-
income
10 899
6 445
-
-
total
10 899
6 445
-
-
Dividends
76 293
45 111
-
-
withholding
12 971
7 669
-
-
total
12 971
7 669
-
-
Income
137 500
137 500
137 500
137 500
Total tax
41 266
37 060
42 776
41 453
After tax
96 234
100 440
94 724
96 047
Living cost
32 911
32 911
32 911
32 911
Free-cash
63 323
67 529
61 813
63 136

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58852
₽59236
₽76778
₽61235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
13 750
unemployment
-
-
-
2 062
health
-
-
-
9 625
total
-
-
-
42 246
Employee

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
115 063
-
health
1 867
743
8 054
-
income
3 260
1 298
14 066
-
pensions
2 667
1 061
11 506
-
unemployment
400
159
1 726
-
total
8 194
3 261
35 352
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
115 063
-
pensions
5 201
2 070
22 437
-
total
5 201
2 070
22 437
-
Corporate
105 629
124 816
-
-
income
9 507
11 233
-
-
total
9 507
11 233
-
-
Dividends
96 122
113 582
-
-
social contributions
18 623
22 027
-
-
withholding
18 263
21 581
-
-
total
36 886
43 608
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 788
60 172
57 789
42 246
After tax
77 712
77 328
79 711
95 254
Living cost
18 476
18 476
18 476
18 476
Free-cash
59 236
58 852
61 235
76 778

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85491
₽79189
₽49192
₽54744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
18 426
pensions
-
-
-
27 499
health
-
-
-
17 875
total
-
-
-
63 800
Employee
28 785
-
102 765
-
income
3 241
-
19 814
-
pensions
576
-
2 055
-
unemployment
460
-
1 644
-
total
4 277
-
23 513
-
Employer
28 785
-
102 765
-
unemployment
231
-
822
-
pensions
5 757
-
20 553
-
health
3 741
-
13 360
-
total
9 729
-
34 735
-
Corporate
98 985
137 500
-
-
income
19 797
27 501
-
-
total
19 797
27 501
-
-
Dividends
79 188
109 999
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
33 803
27 501
58 248
63 800
After tax
103 697
109 999
79 252
73 700
Living cost
24 508
24 508
24 508
24 508
Free-cash
79 189
85 491
54 744
49 192

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10966
₽7749
₽72033
₽51195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
36 365
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
43 363
Employee
34 771
-
121 428
-
health
3 981
-
13 904
-
income
4 770
-
26 558
-
pensions
3 915
-
7 666
-
total
12 666
-
48 128
-
Employer
34 771
-
121 428
-
accident
580
-
2 028
-
unemployment
852
-
2 975
-
pensions
5 654
-
11 070
-
total
7 086
-
16 073
-
Corporate
95 642
137 500
-
-
income

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

86 078
123 750
-
-
total
86 078
123 750
-
-
Dividends
9 564
13 750
-
-
withholding
1 817
2 612
-
-
total
1 817
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
107 647
126 362
64 201
43 363
After tax
29 853
11 138
73 299
94 137
Living cost
22 104
22 104
22 104
22 104
Free-cash
7 749
-10 966
51 195
72 033

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121363
₽119627
₽126863
₽100738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
137 500
-
income
2 315
-
27 500
-
total
2 315
-
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%.

125 923
137 500
-
-
total
-
-
-
-
Dividends
125 923
137 500
-
-
withholding
6 296
6 875
-
-
total
6 296
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
8 611
6 875
27 500
1 375
After tax
128 889
130 625
110 000
136 125
Living cost
9 262
9 262
9 262
9 262
Free-cash
119 627
121 363
100 738
126 863

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73983
₽67131
₽46198
₽51884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 686
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.

-
-
-
32 998
other
-
-
-
6 531
health
-
-
-
6 050
total
-
-
-
64 265
Employee
36 842
-
109 824
-
health
516
-
1 537
-
income
6 343
-
20 582
-
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.

2 578
-
7 687
-
unemployment
368
-
1 098
-
total
9 805
-
30 904
-
Employer
36 842
-
109 824
-
accident
295
-
878
-
other
1 843
-
5 492
-
unemployment
368
-
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.

6 264
-
18 670
-
health
516
-
1 537
-
total
9 286
-
27 675
-
Corporate
91 373
137 500
-
-
income
19 188
28 876
-
-
total
19 188
28 876
-
-
Dividends
72 185
108 624
-
-
withholding
5 053
7 604
-
-
total
5 053
7 604
-
-
Income
137 500
137 500
137 500
137 500
Total tax
43 332
36 480
58 579
64 265
After tax
94 168
101 020
78 921
73 235
Living cost
27 037
27 037
27 037
27 037
Free-cash
67 131
73 983
51 884
46 198

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26150
₽20479
₽25920
₽13238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
34 745
pensions
-
-
-
8 356
total
-
-
-
43 101
Employee
96 888
-
120 511
-
health
1 597
-
1 915
-
income
17 465
-
26 289
-
pensions
9 347
-
10 590
-
total
28 409
-
38 794
-
Employer
96 888
-
120 511
-
pensions
11 440
-
14 700
-
health
1 840
-
2 289
-
total
13 280
-
16 989
-
Corporate
27 332
137 500
-
-
income

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

5 193
26 124
-
-
total
5 193
26 124
-
-
Dividends
22 139
111 376
-
-
withholding
1 660
16 747
-
-
total
1 660
16 747
-
-
Income
137 500
137 500
137 500
137 500
Total tax
48 542
42 871
55 783
43 101
After tax
88 958
94 629
81 717
94 399
Living cost
68 479
68 479
68 479
68 479
Free-cash
20 479
26 150
13 238
25 920

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽104250
₽99533
₽94092
₽99040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
30 095
Employee
17 628
-
130 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
13 054
-
pensions

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

1 548
-
3 114
-
total
4 316
-
18 189
-
Employer
17 628
-
130 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
116 413
137 500
-
-
income
11 641
13 750
-
-
total
11 641
13 750
-
-
Dividends
104 772
123 750
-
-
withholding
5 238
6 187
-
-
total
5 238
6 187
-
-
Income
137 500
137 500
137 500
137 500
Total tax
24 654
19 937
25 147
30 095
After tax
112 846
117 563
112 353
107 405
Living cost
13 313
13 313
13 313
13 313
Free-cash
99 533
104 250
99 040
94 092

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11194
₽13746
₽22515
₽23794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
34 319
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
58 719
Employee
94 074
86 650
118 643
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
14 183
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
38 583
-
Employer
94 074
86 650
118 643
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
26 955
35 677
-
-
income
5 392
7 136
-
-
total
5 392
7 136
-
-
Dividends
21 563
28 540
-
-
income
4 583
6 066
-
-
withholding
3 235
4 281
-
-
total
7 818
10 347
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 488
70 040
57 440
58 719
After tax
70 012
67 460
80 060
78 781
Living cost
56 266
56 266
56 266
56 266
Free-cash
13 746
11 194
23 794
22 515

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70343
₽61663
₽47017
₽45450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 590
health
-
-
-
18 562
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
66 157
Employee
35 774
-
102 612
-
social contributions
2 325
-
6 670
-
health
4 830
-
13 853
-
solidarity contribution
-
-
-
-
income
4 293
-
12 313
-
total
11 448
-
32 836
-
Employer
35 774
-
102 612
-
social contributions
8 944
-
25 653
-
health
3 220
-
9 235
-
total
12 164
-
34 888
-
Corporate
89 563
137 500
-
-
income
17 017
26 125
-
-
total
17 017
26 125
-
-
Dividends
72 546
111 375
-
-
withholding
10 882
16 706
-
-
total
10 882
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 511
42 831
67 724
66 157
After tax
85 989
94 669
69 776
71 343
Living cost
24 326
24 326
24 326
24 326
Free-cash
61 663
70 343
45 450
47 017

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30545
₽25248
₽25197
₽18654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
municipal
-
-
-
816
regional
-
-
-
1 581
national
-
-
-
31 725
social contributions
-
-
-
35 365
total
-
-
-
69 487
Employee
90 179
-
137 500
-
social contributions
30 408
-
46 365
-
regional
851
-
1 390
-
municipal
478
-
730
-
national
15 626
-
27 545
-
total
47 363
-
76 030
-
Employer
90 179
-
137 500
-
total
-
-
-
-
Corporate
47 321
137 500
-
-
nationa
11 357
33 000
-
-
municipal
1 845
5 363
-
-
total
13 202
38 363
-
-
Dividends
34 119
99 137
-
-
withholding
8 871
25 776
-
-
total
8 871
25 776
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 436
64 139
76 030
69 487
After tax
68 064
73 361
61 470
68 013
Living cost
42 816
42 816
42 816
42 816
Free-cash
25 248
30 545
18 654
25 197

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64097
₽60937
₽42853
₽40307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
31 007
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
4 319
total
-
-
-
72 256
Employee
33 555
-
113 590
-
other
-
-
-
-
health
857
-
2 896
-
surtax
110
-
3 917
-
income
5 625
-
28 596
-
pensions
2 237
-
7 577
-
unemployment
2 336
-
7 906
-
total
11 165
-
50 892
-
Employer
33 555
-
113 590
-
other
-
-
-
-
unemployment
1 063
-
3 601
-
pensions
4 473
-
15 141
-
health
1 527
-
5 168
-
total
7 063
-
23 910
-
Corporate
96 882
137 500
-
-
income
25 190
35 750
-
-
total
25 190
35 750
-
-
Dividends
71 692
101 750
-
-
withholding
10 754
15 262
-
-
total
10 754
15 262
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 172
51 012
74 802
72 256
After tax
83 328
86 488
62 698
65 244
Living cost
22 391
22 391
22 391
22 391
Free-cash
60 937
64 097
40 307
42 853

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47846
₽48182
₽47616
₽34934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
34 745
pensions
-
-
-
8 356
total
-
-
-
43 101
Employee
64 932
-
120 511
-
health
943
-
1 915
-
income
11 695
-
26 289
-
pensions
5 511
-
10 590
-
total
18 149
-
38 794
-
Employer
64 932
-
120 511
-
pensions
7 029
-
14 700
-
health
1 233
-
2 289
-
total
8 262
-
16 989
-
Corporate
64 306
137 500
-
-
income

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

12 218
26 124
-
-
total
12 218
26 124
-
-
Dividends
52 088
111 376
-
-
withholding
3 906
16 747
-
-
total
3 906
16 747
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 535
42 871
55 783
43 101
After tax
94 965
94 629
81 717
94 399
Living cost
46 783
46 783
46 783
46 783
Free-cash
48 182
47 846
34 934
47 616

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14450
₽18634
₽35673
₽28989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 450
pensions
-
-
-
12 649
other

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

-
-
-
2 751
regional
-
-
-
5 823
health
-
-
-
310
national
-
-
-
1 518
total
-
-
-
24 501
Employee
90 491
-
123 070
-
city
971
-
1 323
-
regional
2 963
-
4 971
-
health
205
-
276
-
pensions
7 602
-
10 339
-
unemployment
-
-
-
-
national
428
-
1 200
-
total
12 169
-
18 109
-
Employer
90 491
-
123 070
-
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.

1 809
-
2 461
-
unemployment
-
-
-
-
pensions
7 602
-
10 339
-
health
205
-
276
-
total
9 616
-
13 076
-
Corporate
36 398
137 500
-
-
regional
7 698
29 081
-
-
national
3 094
11 688
-
-
total
10 792
40 769
-
-
Dividends
25 606
96 731
-
-
withholding
8 963
33 855
-
-
total
8 963
33 855
-
-
Income
137 500
137 500
137 500
137 500
Total tax
41 540
74 624
31 185
24 501
After tax
95 960
62 876
106 315
112 999
Living cost
77 326
77 326
77 326
77 326
Free-cash
18 634
-14 450
28 989
35 673

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21519
₽37974
₽28579
₽44070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
trade
-
-
-
15 491
income

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

-
-
-
37 930
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.

-
-
-
6 932
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.

-
-
-
2 085
total
-
-
-
62 438
Employee

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

60 981
-
137 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
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.

395
-
2 085
-
income

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

7 171
-
37 930
-
total
14 498
-
46 947
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 519
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.

632
1 134
-
-
income
11 478
20 625
-
-
trade
13 123
23 580
-
-
chamber of commerce
262
349
-
-
total
25 495
45 688
-
-
Dividends
51 025
91 812
-
-
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.

680
1 242
-
-
withholding
12 370
22 568
-
-
total
13 050
23 810
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 043
69 498
46 947
62 438
After tax
84 457
68 002
90 553
75 062
Living cost
46 483
46 483
46 483
46 483
Free-cash
37 974
21 519
44 070
28 579

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34584
₽40578
₽43436
₽45470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 192
pensions
-
-
-
28 447
other
-
-
-
4 263
health
-
-
-
4 527
surtax
-
-
-
-
social contributions
-
-
-
3 919
total
-
-
-
59 348
Employee
43 427
-
108 846
-
social contributions
1 238
-
3 102
-
surtax
-
-
-
-
income
2 563
-
19 001
-
pensions
4 910
-
6 560
-
total
8 711
-
28 663
-
Employer
43 427
-
108 846
-
other
1 498
-
3 815
-
social contributions
131
-
327
-
unemployment
1 758
-
4 408
-
pensions
7 134
-
11 223
-
health
3 040
-
8 878
-
total
13 561
-
28 651
-
Corporate
80 511
137 500
-
-
surtax
-
-
-
-
income
22 543
38 500
-
-
total
22 543
38 500
-
-
Dividends
57 969
99 000
-
-
surtax
-
-
-
-
social contributions
9 972
17 028
-
-
withholding
7 419
12 672
-
-
total
17 391
29 700
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 206
68 200
57 314
59 348
After tax
75 294
69 300
80 186
78 152
Living cost
34 716
34 716
34 716
34 716
Free-cash
40 578
34 584
45 470
43 436

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38024
₽43664
₽46876
₽48910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 192
pensions
-
-
-
28 447
other
-
-
-
4 263
health
-
-
-
4 527
surtax
-
-
-
-
social contributions
-
-
-
3 919
total
-
-
-
59 348
Employee
38 765
-
108 846
-
social contributions
1 105
-
3 102
-
surtax
-
-
-
-
income
1 999
-
19 001
-
pensions
4 384
-
6 560
-
total
7 488
-
28 663
-
Employer
38 765
-
108 846
-
other
1 338
-
3 815
-
social contributions
116
-
327
-
unemployment
1 569
-
4 408
-
pensions
6 370
-
11 223
-
health
2 713
-
8 878
-
total
12 106
-
28 651
-
Corporate
86 629
137 500
-
-
surtax
-
-
-
-
income
24 256
38 500
-
-
total
24 256
38 500
-
-
Dividends
62 373
99 000
-
-
surtax
-
-
-
-
social contributions
10 727
17 028
-
-
withholding
7 983
12 672
-
-
total
18 710
29 700
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 560
68 200
57 314
59 348
After tax
74 940
69 300
80 186
78 152
Living cost
31 276
31 276
31 276
31 276
Free-cash
43 664
38 024
48 910
46 876

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62371
₽62899
₽66788
₽65163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 597
social contributions
-
-
-
18 974
total
-
-
-
49 196
Employee
34 404
-
137 500
-
social contributions
4 748
-
18 974
-
health
2 401
-
9 597
-
income
5 738
-
22 250
-
total
12 887
-
50 821
-
Employer
34 404
-
137 500
-
total
-
-
-
-
Corporate
103 096
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%.

5 155
6 874
-
-
total
5 155
6 874
-
-
Dividends
97 941
130 626
-
-
health
6 836
9 118
-
-
social contributions
13 515
18 027
-
-
withholding
14 692
19 594
-
-
total
35 043
46 739
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 085
53 613
50 821
49 196
After tax
84 415
83 887
86 679
88 304
Living cost
21 516
21 516
21 516
21 516
Free-cash
62 899
62 371
65 163
66 788

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽40718
₽39149
₽33788
₽1326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
551
income
-
-
-
29 987
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
67 958
Employee
50 709
40 437
106 616
-
other
506
404
1 067
-
health
1 962
1 565
4 126
-
income
5 773
2 983
24 537
-
pensions
5 193
4 140
10 918
-
unemployment
1 521
1 213
3 198
-
total
14 955
10 305
43 846
-
Employer
50 709
40 437
106 616
-
accident
659
526
1 386
-
other
2 409
1 920
5 064
-
chamber of commerce
202
162
426
-
unemployment
1 521
1 213
3 198
-
surtax
200
200
200
-
pensions
6 364
5 076
13 381
-
payroll
1 521
1 213
3 198
-
health
1 916
1 529
4 030
-
total
14 792
11 839
30 883
-
Corporate
71 998
85 225
102 765
-
income

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

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

18 000
21 306
25 691
-
total
18 000
21 306
25 691
-
Dividends
53 998
63 919
-
-
withholding
14 850
17 578
-
-
total
14 850
17 578
-
-
Income
137 500
137 500
137 500
137 500
Total tax
62 597
61 028
100 420
67 958
After tax
74 903
76 472
37 080
69 542
Living cost
35 754
35 754
35 754
35 754
Free-cash
39 149
40 718
1 326
33 788

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39986
₽24770
₽23933
₽13715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
47 925
communal

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

-
-
-
6 947
social contributions
-
-
-
21 698
total
-
-
-
76 570
Employee

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

72 581
-
106 499
-
communal

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

3 786
-
5 555
-
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.

3 410
-
5 005
-
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.

5 444
-
7 987
-
unemployment

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

632
-
926
-
national
22 314
-
36 314
-
total
35 586
-
55 787
-
Employer

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

72 581
-
106 499
-
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.

944
-
1 384
-
unemployment

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

1 059
-
1 554
-
surtax
8 230
-
12 077
-
pensions

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

6 431
-
9 435
-
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.

4 463
-
6 551
-
total
21 127
-
31 001
-
Corporate
43 792
137 500
-
-
surtax
175
551
-
-
income
8 757
27 501
-
-
total
8 932
28 052
-
-
Dividends
34 859
109 448
-
-
withholding

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

10 088
32 465
-
-
total
10 088
32 465
-
-
Income
137 500
137 500
137 500
137 500
Total tax
75 733
60 517
86 788
76 570
After tax
61 767
76 983
50 712
60 930
Living cost
36 997
36 997
36 997
36 997
Free-cash
24 770
39 986
13 715
23 933

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55506
₽47834
₽40482
₽35605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
32 158
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
60 373
Employee
50 509
-
107 517
-
other
50
-
94
-
income
10 657
-
29 294
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
35 267
-
Employer
50 509
-
107 517
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
70 892
137 500
-
-
income

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

10 633
20 625
-
-
total
10 633
20 625
-
-
Dividends
60 259
116 875
-
-
withholding
12 424
24 724
-
-
total
12 424
24 724
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 021
45 349
65 250
60 373
After tax
84 479
92 151
72 250
77 127
Living cost
36 645
36 645
36 645
36 645
Free-cash
47 834
55 506
35 605
40 482

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽27347
₽16727
₽17456
₽22938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 159
income
-
-
-
17 967
pensions
-
-
-
20 609
health
-
-
-
9 661
surtax
-
-
-
6 816
communal
-
-
-
8 690
total
-
-
-
64 902
Employee
76 841
-
122 823
-
health
3 420
-
5 465
-
surtax
4 710
-
7 527
-
income
7 422
-
21 926
-
pensions
6 146
-
9 826
-
total
21 698
-
44 744
-
Employer
76 841
-
122 823
-
accident
691
-
1 105
-
pensions
6 146
-
9 826
-
health
2 343
-
3 745
-
total
9 180
-
14 676
-
Corporate
51 478
137 500
-
-
surtax
541
1 444
-
-
communal
3 476
9 281
-
-
income
7 721
20 625
-
-
total
11 738
31 350
-
-
Dividends
39 739
106 150
-
-
income
17 053
7 739
-
-
withholding
5 962
15 922
-
-
total
23 015
23 661
-
-
Income
137 500
137 500
137 500
137 500
Total tax
65 631
55 011
59 420
64 902
After tax
71 869
82 489
78 080
72 598
Living cost
55 142
55 142
55 142
55 142
Free-cash
16 727
27 347
22 938
17 456

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63697
₽60468
₽42453
₽39907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
31 007
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
4 319
total
-
-
-
72 256
Employee
34 171
-
113 590
-
other
-
-
-
-
health
872
-
2 896
-
surtax
121
-
3 917
-
income
5 729
-
28 596
-
pensions
2 280
-
7 577
-
unemployment
2 378
-
7 906
-
total
11 380
-
50 892
-
Employer
34 171
-
113 590
-
other
-
-
-
-
unemployment
1 084
-
3 601
-
pensions
4 556
-
15 141
-
health
1 554
-
5 168
-
total
7 194
-
23 910
-
Corporate
96 135
137 500
-
-
income
24 996
35 750
-
-
total
24 996
35 750
-
-
Dividends
71 139
101 750
-
-
withholding
10 671
15 262
-
-
total
10 671
15 262
-
-
Income
137 500
137 500
137 500
137 500
Total tax
54 241
51 012
74 802
72 256
After tax
83 259
86 488
62 698
65 244
Living cost
22 791
22 791
22 791
22 791
Free-cash
60 468
63 697
39 907
42 453

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44941
₽42690
₽40188
₽33678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
municipal
-
-
-
816
regional
-
-
-
2 073
national
-
-
-
31 725
social contributions
-
-
-
35 365
total
-
-
-
69 979
Employee
56 286
-
137 500
-
social contributions
18 980
-
46 365
-
regional
758
-
1 849
-
municipal
298
-
730
-
national
8 917
-
27 545
-
total
28 953
-
76 489
-
Employer
56 286
-
137 500
-
total
-
-
-
-
Corporate
81 214
137 500
-
-
nationa
19 490
33 000
-
-
municipal
4 036
6 834
-
-
total
23 526
39 834
-
-
Dividends
57 687
97 666
-
-
withholding
14 998
25 392
-
-
total
14 998
25 392
-
-
Income
137 500
137 500
137 500
137 500
Total tax
67 477
65 226
76 489
69 979
After tax
70 023
72 274
61 011
67 521
Living cost
27 333
27 333
27 333
27 333
Free-cash
42 690
44 941
33 678
40 188

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64692
₽53999
₽41366
₽39799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 590
health
-
-
-
18 562
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
66 157
Employee
44 083
-
102 612
-
social contributions
2 865
-
6 670
-
health
5 951
-
13 853
-
solidarity contribution
-
-
-
-
income
5 290
-
12 313
-
total
14 106
-
32 836
-
Employer
44 083
-
102 612
-
social contributions
11 021
-
25 653
-
health
3 967
-
9 235
-
total
14 988
-
34 888
-
Corporate
78 429
137 500
-
-
income
14 901
26 125
-
-
total
14 901
26 125
-
-
Dividends
63 527
111 375
-
-
withholding
9 529
16 706
-
-
total
9 529
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 524
42 831
67 724
66 157
After tax
83 976
94 669
69 776
71 343
Living cost
29 977
29 977
29 977
29 977
Free-cash
53 999
64 692
39 799
41 366

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44209
₽43705
₽37370
₽4747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
551
income
-
-
-
29 987
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
67 758
Employee
44 355
40 437
106 768
-
other
443
404
1 067
-
health
1 716
1 565
4 132
-
income
3 951
2 983
24 591
-
pensions
4 542
4 140
10 933
-
unemployment
1 331
1 213
3 202
-
total
11 983
10 305
43 925
-
Employer
44 355
40 437
106 768
-
accident
576
526
1 388
-
other
2 107
1 920
5 070
-
chamber of commerce
177
162
427
-
unemployment
1 331
1 213
3 202
-
surtax
-
-
-
-
pensions
5 567
5 076
13 400
-
payroll
1 331
1 213
3 202
-
health
1 677
1 529
4 036
-
total
12 766
11 639
30 725
-
Corporate
80 381
85 425
102 923
-
income

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

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

20 095
21 356
25 731
-
total
20 095
21 356
25 731
-
Dividends
60 286
64 069
-
-
withholding
16 579
17 619
-
-
total
16 579
17 619
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 423
60 919
100 381
67 758
After tax
76 077
76 581
37 119
69 742
Living cost
32 372
32 372
32 372
32 372
Free-cash
43 705
44 209
4 747
37 370

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116192
₽113486
₽121692
₽95567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
137 500
-
income
3 608
-
27 500
-
total
3 608
-
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%.

119 459
137 500
-
-
total
-
-
-
-
Dividends
119 459
137 500
-
-
withholding
5 973
6 875
-
-
total
5 973
6 875
-
-
Income
137 500
137 500
137 500
137 500
Total tax
9 581
6 875
27 500
1 375
After tax
127 919
130 625
110 000
136 125
Living cost
14 433
14 433
14 433
14 433
Free-cash
113 486
116 192
95 567
121 692

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67452
₽58965
₽42033
₽38389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
137 500
income
-
-
-
29 405
pensions
-
-
-
25 111
unemployment
-
-
-
206
health
-
-
-
13 529
total
-
-
-
68 251
Employee

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

44 870
-
118 976
-
health
2 898
-
7 687
-
income
7 738
-
27 075
-
pensions
6 955
-
18 441
-
unemployment
64
-
168
-
total
17 655
-
53 371
-
Employer

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

44 870
-
118 976
-
unemployment
27
-
71
-
pensions
3 970
-
10 529
-
health
2 988
-
7 924
-
total
6 985
-
18 524
-
Corporate
85 644
137 500
-
-
income
16 273
26 126
-
-
total
16 273
26 126
-
-
Dividends
69 372
111 374
-
-
withholding
10 406
16 706
-
-
total
10 406
16 706
-
-
Income
137 500
137 500
137 500
137 500
Total tax
51 319
42 832
71 895
68 251
After tax
86 181
94 668
65 605
69 249
Living cost
27 216
27 216
27 216
27 216
Free-cash
58 965
67 452
38 389
42 033

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39671
-₽14491
₽51040
₽80106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
26 801
social contributions
-
-
-
15 675
total
-
-
-
42 476
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
-
137 500
-
-
income
-
30 250
-
-
total
-
30 250
-
-
Dividends
-
107 250
-
-
income
-
23 595
-
-
total
-
23 595
-
-
Income
137 500
137 500
137 500
137 500
Total tax
108 007
53 845
13 410
42 476
After tax
29 493
83 655
124 090
95 024
Living cost
43 984
43 984
43 984
43 984
Free-cash
-14 491
39 671
80 106
51 040

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46383
₽45361
₽43206
₽34033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income
-
-
-
14 686
surtax
-
-
-
-
social contributions

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

-
-
-
47 781
total
-
-
-
62 467
Employee
46 668
-
111 110
-
social contributions
5 134
-
12 222
-
surtax
-
-
-
-
income
9 707
-
33 030
-
total
14 841
-
45 252
-
Employer
46 668
-
111 110
-
social contributions
11 084
-
26 388
-
total
11 084
-
26 388
-
Corporate
79 749
137 500
-
-
surtax
-
-
-
-
income
16 747
28 876
-
-
total
16 747
28 876
-
-
Dividends
63 002
108 624
-
-
withholding
17 640
30 414
-
-
total
17 640
30 414
-
-
Income
137 500
137 500
137 500
137 500
Total tax
60 312
59 290
71 640
62 467
After tax
77 188
78 210
65 860
75 033
Living cost
31 827
31 827
31 827
31 827
Free-cash
45 361
46 383
34 033
43 206

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20292
₽27269
₽29144
₽31178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 192
pensions
-
-
-
28 447
other
-
-
-
4 263
health
-
-
-
4 527
surtax
-
-
-
-
social contributions
-
-
-
3 919
total
-
-
-
59 348
Employee
63 552
-
108 846
-
social contributions
1 810
-
3 102
-
surtax
-
-
-
-
income
5 545
-
19 001
-
pensions
7 188
-
6 560
-
total
14 543
-
28 663
-
Employer
63 552
-
108 846
-
other
2 193
-
3 815
-
social contributions
191
-
327
-
unemployment
2 574
-
4 408
-
pensions
10 442
-
11 223
-
health
4 448
-
8 878
-
total
19 848
-
28 651
-
Corporate
54 100
137 500
-
-
surtax
-
-
-
-
income
15 148
38 500
-
-
total
15 148
38 500
-
-
Dividends
38 951
99 000
-
-
surtax
-
-
-
-
social contributions
6 699
17 028
-
-
withholding
4 985
12 672
-
-
total
11 684
29 700
-
-
Income
137 500
137 500
137 500
137 500
Total tax
61 223
68 200
57 314
59 348
After tax
76 277
69 300
80 186
78 152
Living cost
49 008
49 008
49 008
49 008
Free-cash
27 269
20 292
31 178
29 144

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93249
₽89840
₽72184
₽75837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
4 564
social contributions
-
-
-
30 251
total
-
-
-
34 815
Employee
32 621
-
119 047
-
income
-
-
4 970
-
social contributions
2 120
-
7 739
-
total
2 120
-
12 709
-
Employer
32 621
-
119 047
-
social contributions
5 057
-
18 453
-
total
5 057
-
18 453
-
Corporate
99 822
137 500
-
-
income
9 982
13 750
-
-
total
9 982
13 750
-
-
Dividends
89 840
123 750
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
17 159
13 750
31 162
34 815
After tax
120 341
123 750
106 338
102 685
Living cost
30 501
30 501
30 501
30 501
Free-cash
89 840
93 249
75 837
72 184

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
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.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽83601
-₽83601
₽34604
-₽83601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
municipal
-
-
-
27 417
pensions
-
-
-
880
national
-
-
-
14 796
labour market
-
-
-
10 930
total
-
-
-
54 023
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
137 500
137 500
137 500
137 500
Total tax
172 228
172 228
172 228
54 023
After tax
-34 728
-34 728
-34 728
83 477
Living cost
48 873
48 873
48 873
48 873
Free-cash
-83 601
-83 601
-83 601
34 604

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10640
₽7798
₽72359
₽51521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
36 365
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
43 363
Employee
34 259
-
121 428
-
health
3 923
-
13 904
-
income
4 700
-
26 558
-
pensions
3 858
-
7 666
-
total
12 481
-
48 128
-
Employer
34 259
-
121 428
-
accident
572
-
2 028
-
unemployment
839
-
2 975
-
pensions
5 570
-
11 070
-
total
6 981
-
16 073
-
Corporate
96 259
137 500
-
-
income

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

86 633
123 750
-
-
total
86 633
123 750
-
-
Dividends
9 626
13 750
-
-
withholding
1 829
2 612
-
-
total
1 829
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
107 924
126 362
64 201
43 363
After tax
29 576
11 138
73 299
94 137
Living cost
21 778
21 778
21 778
21 778
Free-cash
7 798
-10 640
51 521
72 359

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49712
₽50603
₽54649
₽35794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
municipal
-
-
-
24 445
health
-
-
-
1 694
national
-
-
-
17 755
total
-
-
-
43 894
Employee
53 385
-
115 672
-
health
399
-
1 358
-
municipal
8 744
-
18 859
-
pensions
3 603
-
7 808
-
unemployment
801
-
1 735
-
national
882
-
11 162
-
total
14 429
-
40 922
-
Employer
53 385
-
115 672
-
accident
54
-
116
-
unemployment
347
-
751
-
pensions
9 262
-
20 068
-
health
410
-
892
-
total
10 073
-
21 827
-
Corporate
74 043
137 500
-
-
income
14 809
27 501
-
-
total
14 809
27 501
-
-
Dividends

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

44 425
82 499
-
-
national
632
6 480
-
-
municipal
7 997
14 850
-
-
total
8 629
21 330
-
-
Income
137 500
137 500
137 500
137 500
Total tax
47 940
48 831
62 749
43 894
After tax
89 560
88 669
74 751
93 606
Living cost
38 957
38 957
38 957
38 957
Free-cash
50 603
49 712
35 794
54 649

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76947
₽71424
₽72554
₽71231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
21 530
health
-
-
-
3 506
social contributions
-
-
-
16 417
total
-
-
-
41 453
Employee
78 025
78 025
126 426
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
2 149
-
income
8 496
7 223
20 819
-
total
12 051
15 026
31 702
-
Employer
78 025
78 025
126 426
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
2 340
-
total
3 607
7 920
11 074
-
Corporate
98 351
51 556
-
-
income
12 295
6 445
-
-
total
12 295
6 445
-
-
Dividends
86 056
45 111
-
-
withholding
14 630
7 669
-
-
total
14 630
7 669
-
-
Income
137 500
137 500
137 500
137 500
Total tax
42 583
37 060
42 776
41 453
After tax
94 917
100 440
94 724
96 047
Living cost
23 493
23 493
23 493
23 493
Free-cash
71 424
76 947
71 231
72 554

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97753
₽92592
₽97586
₽77233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 649
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
23 804
Employee

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

23 291
-
127 583
-
health
1 979
-
8 184
-
income
1 592
-
11 134
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
34 241
-
Employer

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

23 291
-
127 583
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
111 812
137 500
-
-
income
10 063
12 376
-
-
total
10 063
12 376
-
-
Dividends
101 749
125 124
-
-
withholding
9 158
11 261
-
-
total
9 158
11 261
-
-
Income
137 500
137 500
137 500
137 500
Total tax
28 798
23 637
44 157
23 804
After tax
108 702
113 863
93 343
113 696
Living cost
16 110
16 110
16 110
16 110
Free-cash
92 592
97 753
77 233
97 586

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64248
₽59336
₽49224
₽44347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
32 158
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
60 373
Employee
37 519
-
107 517
-
other
37
-
94
-
income
7 233
-
29 294
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
35 267
-
Employer
37 519
-
107 517
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
88 020
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.

13 204
20 625
-
-
total
13 204
20 625
-
-
Dividends
74 816
116 875
-
-
withholding
15 480
24 724
-
-
total
15 480
24 724
-
-
Income
137 500
137 500
137 500
137 500
Total tax
50 261
45 349
65 250
60 373
After tax
87 239
92 151
72 250
77 127
Living cost
27 903
27 903
27 903
27 903
Free-cash
59 336
64 248
44 347
49 224

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83013
₽82556
₽84951
₽84753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 255
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
49 762
Employee
4 245
-
135 213
-
health
212
-
508
-
income
821
-
46 148
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
47 673
-
Employer
4 245
-
135 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
132 299
137 500
-
-
income
29 106
30 250
-
-
total
29 106
30 250
-
-
Dividends
103 194
107 250
-
-
withholding
20 639
21 450
-
-
total
20 639
21 450
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 157
51 700
49 960
49 762
After tax
85 343
85 800
87 540
87 738
Living cost
2 787
2 787
2 787
2 787
Free-cash
82 556
83 013
84 753
84 951

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81789
₽76794
₽61453
₽61451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 135
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
58 492
Employee

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

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

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

26 472
-
124 071
-
health
1 363
-
3 864
-
income
3 649
-
30 135
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
45 065
-
Employer

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

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

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

26 472
-
124 071
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
106 290
137 500
-
-
income
15 943
20 625
-
-
total
15 943
20 625
-
-
Dividends
90 346
116 875
-
-
withholding
13 552
17 531
-
-
total
13 552
17 531
-
-
Income
137 500
137 500
137 500
137 500
Total tax
43 151
38 156
58 494
58 492
After tax
94 349
99 344
79 006
79 008
Living cost
17 555
17 555
17 555
17 555
Free-cash
76 794
81 789
61 451
61 453

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50855
₽50489
₽47678
₽38505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
income
-
-
-
14 686
surtax
-
-
-
-
social contributions

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

-
-
-
47 781
total
-
-
-
62 467
Employee
39 382
-
111 110
-
social contributions
4 333
-
12 222
-
surtax
-
-
-
-
income
7 695
-
33 030
-
total
12 028
-
45 252
-
Employer
39 382
-
111 110
-
social contributions
9 352
-
26 388
-
total
9 352
-
26 388
-
Corporate
88 765
137 500
-
-
surtax
-
-
-
-
income
18 641
28 876
-
-
total
18 641
28 876
-
-
Dividends
70 124
108 624
-
-
withholding
19 635
30 414
-
-
total
19 635
30 414
-
-
Income
137 500
137 500
137 500
137 500
Total tax
59 656
59 290
71 640
62 467
After tax
77 844
78 210
65 860
75 033
Living cost
27 355
27 355
27 355
27 355
Free-cash
50 489
50 855
38 505
47 678

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56490
₽49163
₽41466
₽36589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
32 158
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
60 373
Employee
49 005
-
107 517
-
other
48
-
94
-
income
10 235
-
29 294
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
35 267
-
Employer
49 005
-
107 517
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
72 871
137 500
-
-
income

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

10 931
20 625
-
-
total
10 931
20 625
-
-
Dividends
61 940
116 875
-
-
withholding
12 776
24 724
-
-
total
12 776
24 724
-
-
Income
137 500
137 500
137 500
137 500
Total tax
52 676
45 349
65 250
60 373
After tax
84 824
92 151
72 250
77 127
Living cost
35 661
35 661
35 661
35 661
Free-cash
49 163
56 490
36 589
41 466

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100096
₽93908
₽89938
₽94886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
30 095
Employee
23 129
-
130 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
13 054
-
pensions

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

2 030
-
3 114
-
total
5 661
-
18 189
-
Employer
23 129
-
130 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
109 834
137 500
-
-
income
10 983
13 750
-
-
total
10 983
13 750
-
-
Dividends
98 851
123 750
-
-
withholding
4 943
6 187
-
-
total
4 943
6 187
-
-
Income
137 500
137 500
137 500
137 500
Total tax
26 125
19 937
25 147
30 095
After tax
111 375
117 563
112 353
107 405
Living cost
17 467
17 467
17 467
17 467
Free-cash
93 908
100 096
94 886
89 938

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31658
₽44933
₽38418
₽51379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
137 500
trade
-
-
-
12 961
income

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

-
-
-
37 930
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.

-
-
-
6 932
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.

-
-
-
2 085
total
-
-
-
59 908
Employee

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

50 487
-
137 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
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.

229
-
2 085
-
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.

4 152
-
37 930
-
total
11 313
-
46 947
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 013
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.

718
1 134
-
-
income
13 051
20 625
-
-
trade
12 487
19 731
-
-
chamber of commerce
281
356
-
-
total
26 537
41 846
-
-
Dividends
60 475
95 654
-
-
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.

811
1 294
-
-
withholding
14 732
23 528
-
-
total
15 543
24 822
-
-
Income
137 500
137 500
137 500
137 500
Total tax
53 393
66 668
46 947
59 908
After tax
84 107
70 832
90 553
77 592
Living cost
39 174
39 174
39 174
39 174
Free-cash
44 933
31 658
51 379
38 418

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38449
₽40688
₽19486
₽19486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
38 228
social contributions
-
-
-
21 985
total
-
-
-
60 213
Employee
79 371
-
137 500
-
income
14 977
-
38 228
-
social contributions
6 594
-
21 985
-
total
21 571
-
60 213
-
Employer
79 371
-
137 500
-
total
-
-
-
-
Corporate
58 129
137 500
-
-
income
7 267
17 188
-
-
total
7 267
17 188
-
-
Dividends
50 862
120 312
-
-
withholding
10 173
24 062
-
-
total
10 173
24 062
-
-
Income
137 500
137 500
137 500
137 500
Total tax
39 011
41 250
60 213
60 213
After tax
98 489
96 250
77 287
77 287
Living cost
57 801
57 801
57 801
57 801
Free-cash
40 688
38 449
19 486
19 486

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47181
₽50727
₽64973
₽63447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
137 500
income
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
132 832
-
income
5 051
-
27 884
-
social contributions
4 664
-
4 668
-
total
9 715
-
32 552
-
Employer
46 548
-
132 832
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
86 289
137 500
-
-
income
30 200
48 125
-
-
total
30 200
48 125
-
-
Dividends
56 088
89 375
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
137 500
137 500
137 500
137 500
Total tax
49 940
53 486
37 220
35 694
After tax
87 560
84 014
100 280
101 806
Living cost
36 833
36 833
36 833
36 833
Free-cash
50 727
47 181
63 447
64 973

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56596
₽59211
₽56366
₽43684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
income
-
-
-
34 745
pensions
-
-
-
8 356
total
-
-
-
43 101
Employee
52 206
-
120 511
-
health
681
-
1 915
-
income
9 507
-
26 289
-
pensions
3 985
-
10 590
-
total
14 173
-
38 794
-
Employer
52 206
-
120 511
-
pensions
5 274
-
14 700
-
health
992
-
2 289
-
total
6 266
-
16 989
-
Corporate
79 027
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.

15 016
26 124
-
-
total
15 016
26 124
-
-
Dividends
64 011
111 376
-
-
withholding
4 801
16 747
-
-
total
4 801
16 747
-
-
Income
137 500
137 500
137 500
137 500
Total tax
40 256
42 871
55 783
43 101
After tax
97 244
94 629
81 717
94 399
Living cost
38 033
38 033
38 033
38 033
Free-cash
59 211
56 596
43 684
56 366

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12797
₽7465
₽70202
₽49364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
36 365
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
43 363
Employee
37 650
-
121 428
-
health
4 311
-
13 904
-
income
5 165
-
26 558
-
pensions
4 239
-
7 666
-
total
13 715
-
48 128
-
Employer
37 650
-
121 428
-
accident
629
-
2 028
-
unemployment
922
-
2 975
-
pensions
6 122
-
11 070
-
total
7 673
-
16 073
-
Corporate
92 177
137 500
-
-
income

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

82 960
123 750
-
-
total
82 960
123 750
-
-
Dividends
9 218
13 750
-
-
withholding
1 752
2 612
-
-
total
1 752
2 612
-
-
Income
137 500
137 500
137 500
137 500
Total tax
106 100
126 362
64 201
43 363
After tax
31 400
11 138
73 299
94 137
Living cost
23 935
23 935
23 935
23 935
Free-cash
7 465
-12 797
49 364
70 202

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102001
₽97253
₽63935
₽79436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
688
health insurance
-
-
-
10 175
income
-
-
-
22 047
pensions
-
-
-
25 300
unemployment
-
-
-
1 650
total
-
-
-
59 860
Employee

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

21 928
-
137 500
-
work injury
110
-
406
-
income
2 193
-
22 047
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
44 359
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 572
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%.

1 156
1 375
-
-
total
1 156
1 375
-
-
Dividends
114 416
136 125
-
-
withholding
17 162
20 419
-
-
total
17 162
20 419
-
-
Income
137 500
137 500
137 500
137 500
Total tax
26 542
21 794
44 359
59 860
After tax
110 958
115 706
93 141
77 640
Living cost
13 705
13 705
13 705
13 705
Free-cash
97 253
102 001
79 436
63 935

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32003
₽27387
₽25991
₽19701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
137 500
municipal
-
-
-
918
regional
-
-
-
3 078
national
-
-
-
31 725
social contributions
-
-
-
35 365
total
-
-
-
71 086
Employee
85 504
-
137 500
-
social contributions
28 831
-
46 365
-
regional
1 291
-
2 646
-
municipal
510
-
820
-
national
14 449
-
27 545
-
total
45 081
-
77 376
-
Employer
85 504
-
137 500
-
total
-
-
-
-
Corporate
51 996
137 500
-
-
nationa
12 480
33 000
-
-
municipal
2 507
6 628
-
-
total
14 987
39 628
-
-
Dividends
37 010
97 872
-
-
withholding
9 622
25 446
-
-
total
9 622
25 446
-
-
Income
137 500
137 500
137 500
137 500
Total tax
69 690
65 074
77 376
71 086
After tax
67 810
72 426
60 124
66 414
Living cost
40 423
40 423
40 423
40 423
Free-cash
27 387
32 003
19 701
25 991

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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