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
₽ 138500
per

Your estimated
City
free-cash

Dresden , Germany
₽39146
₽50386
₽45980
₽60354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
trade
-
-
-
14 374
income

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

-
-
-
38 323
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.

-
-
-
6 941
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.

-
-
-
2 107
total
-
-
-
61 745
Employee

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

38 861
-
138 500
-
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.

6 941
-
6 941
-
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
-
2 107
-
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.

1 086
-
38 323
-
total
8 087
-
47 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 639
138 500
-
-
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.

821
1 143
-
-
income
14 945
20 776
-
-
trade
15 693
21 813
-
-
chamber of commerce
297
353
-
-
total
31 756
44 085
-
-
Dividends
67 882
94 415
-
-
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.

912
1 276
-
-
withholding
16 584
23 218
-
-
total
17 496
24 494
-
-
Income
138 500
138 500
138 500
138 500
Total tax
57 339
68 579
47 371
61 745
After tax
81 161
69 921
91 129
76 755
Living cost
30 775
30 775
30 775
30 775
Free-cash
50 386
39 146
60 354
45 980

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35156
₽34304
₽31155
₽32242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
municipal
-
-
-
14 892
pensions
-
-
-
16 620
national
-
-
-
23 076
social contributions
-
-
-
1 489
total
-
-
-
56 077
Employee
79 474
-
119 732
-
municipal
9 816
-
15 428
-
pensions
3 179
-
4 789
-
national
15 211
-
23 907
-
total
28 206
-
44 124
-
Employer
79 474
-
119 732
-
social contributions
854
-
1 287
-
pensions
6 358
-
9 579
-
total
7 212
-
10 866
-
Corporate
46 568
138 500
-
-
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%.

9 314
27 700
-
-
total
9 314
27 700
-
-
Dividends
37 254
110 800
-
-
withholding
8 196
24 376
-
-
total
8 196
24 376
-
-
Income
138 500
138 500
138 500
138 500
Total tax
52 928
52 076
54 990
56 077
After tax
85 572
86 424
83 510
82 423
Living cost
51 268
51 268
51 268
51 268
Free-cash
34 304
35 156
32 242
31 155

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89663
₽81328
₽21371
₽56507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
microenterprise
-
-
-
-
income
-
-
-
21 745
surtax
-
-
-
35 317
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.

-
-
-
38 929
total
-
-
-
95 991
Employee
29 689
-
111 612
-
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.

3 266
-
12 278
-
surtax
-
-
-
-
income
5 285
-
21 689
-
total
8 551
-
33 967
-
Employer
29 689
-
111 612
-
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.

7 151
-
26 888
-
surtax
-
-
-
-
total
7 151
-
26 888
-
Corporate
101 659
138 500
-
-
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%.

20 332
27 699
-
-
total
20 332
27 699
-
-
Dividends

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

81 327
110 801
-
-
total
-
-
-
-
Income
138 500
138 500
138 500
138 500
Total tax
36 034
27 699
60 855
95 991
After tax
102 466
110 801
77 645
42 509
Living cost
21 138
21 138
21 138
21 138
Free-cash
81 328
89 663
56 507
21 371

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25404
₽19177
₽36718
₽38420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
34 786
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
59 219
Employee
86 765
86 765
119 618
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
38 635
-
Employer
86 765
86 765
119 618
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
37 605
36 541
-
-
income
7 522
7 308
-
-
total
7 522
7 308
-
-
Dividends
30 084
29 233
-
-
income
6 394
6 212
-
-
withholding
4 512
4 385
-
-
total
10 906
10 597
-
-
Income
138 500
138 500
138 500
138 500
Total tax
76 760
70 533
57 517
59 219
After tax
61 740
67 967
80 983
79 281
Living cost
42 563
42 563
42 563
42 563
Free-cash
19 177
25 404
38 420
36 718

Estimated living cost  is ₽42563 per week

₽30164
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.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36468
₽35588
₽34076
₽33021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
municipal
-
-
-
33 888
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
6 524
total
-
-
-
65 271
Employee
55 789
-
111 539
-
municipal
16 636
-
33 261
-
national
-
-
6 104
-
total
16 636
-
39 365
-
Employer
55 789
-
111 539
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
65 182
138 500
-
-
income
14 340
30 470
-
-
total
14 340
30 470
-
-
Dividends
50 842
108 030
-
-
withholding
15 253
32 409
-
-
total
15 253
32 409
-
-
Income
138 500
138 500
138 500
138 500
Total tax
63 759
62 879
66 326
65 271
After tax
74 741
75 621
72 174
73 229
Living cost
39 153
39 153
39 153
39 153
Free-cash
35 588
36 468
33 021
34 076

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
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.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29295
₽43572
₽36203
₽51215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
trade
-
-
-
15 012
income

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

-
-
-
38 323
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.

-
-
-
6 941
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.

-
-
-
2 107
total
-
-
-
62 383
Employee

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

51 525
-
138 500
-
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.

6 941
-
6 941
-
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
-
2 107
-
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.

4 427
-
38 323
-
total
11 611
-
47 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 975
138 500
-
-
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.

717
1 143
-
-
income
13 046
20 776
-
-
trade
14 307
22 783
-
-
chamber of commerce
278
351
-
-
total
28 348
45 053
-
-
Dividends
58 627
93 448
-
-
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.

785
1 263
-
-
withholding
14 270
22 975
-
-
total
15 055
24 238
-
-
Income
138 500
138 500
138 500
138 500
Total tax
55 014
69 291
47 371
62 383
After tax
83 486
69 209
91 129
76 117
Living cost
39 914
39 914
39 914
39 914
Free-cash
43 572
29 295
51 215
36 203

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68214
₽64002
₽63736
₽62409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
21 838
health
-
-
-
3 532
social contributions
-
-
-
16 439
total
-
-
-
41 809
Employee
78 128
78 128
127 398
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
2 165
-
income
8 204
7 232
21 123
-
total
12 777
15 044
32 034
-
Employer
78 128
78 128
127 398
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
2 356
-
total
4 642
7 930
11 102
-
Corporate
88 124
52 441
-
-
income
11 015
6 556
-
-
total
11 015
6 556
-
-
Dividends
77 109
45 886
-
-
withholding
13 109
7 801
-
-
total
13 109
7 801
-
-
Income
138 500
138 500
138 500
138 500
Total tax
41 543
37 331
43 136
41 809
After tax
96 957
101 169
95 364
96 691
Living cost
32 955
32 955
32 955
32 955
Free-cash
64 002
68 214
62 409
63 736

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59481
₽59863
₽77541
₽61886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
16 932
pensions
-
-
-
13 850
unemployment
-
-
-
2 078
health
-
-
-
9 695
total
-
-
-
42 555
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.

26 567
10 573
115 900
-
health
1 860
740
8 113
-
income
3 248
1 293
14 169
-
pensions
2 657
1 057
11 590
-
unemployment
399
159
1 738
-
total
8 164
3 249
35 610
-
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.

26 567
10 573
115 900
-
pensions
5 181
2 062
22 600
-
total
5 181
2 062
22 600
-
Corporate
106 753
125 865
-
-
income
9 608
11 328
-
-
total
9 608
11 328
-
-
Dividends
97 145
114 537
-
-
social contributions
18 822
22 214
-
-
withholding
18 458
21 762
-
-
total
37 280
43 976
-
-
Income
138 500
138 500
138 500
138 500
Total tax
60 233
60 615
58 210
42 555
After tax
78 267
77 885
80 290
95 945
Living cost
18 404
18 404
18 404
18 404
Free-cash
59 863
59 481
61 886
77 541

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86260
₽79947
₽49695
₽55289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
18 560
pensions
-
-
-
27 699
health
-
-
-
18 005
total
-
-
-
64 264
Employee
28 823
-
103 514
-
income
3 245
-
19 958
-
pensions
577
-
2 071
-
unemployment
461
-
1 656
-
total
4 283
-
23 685
-
Employer
28 823
-
103 514
-
unemployment
231
-
827
-
pensions
5 765
-
20 702
-
health
3 746
-
13 456
-
total
9 742
-
34 985
-
Corporate
99 934
138 500
-
-
income
19 987
27 699
-
-
total
19 987
27 699
-
-
Dividends
79 947
110 801
-
-
total
-
-
-
-
Income
138 500
138 500
138 500
138 500
Total tax
34 012
27 699
58 670
64 264
After tax
104 488
110 801
79 830
74 236
Living cost
24 541
24 541
24 541
24 541
Free-cash
79 947
86 260
55 289
49 695

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10975
₽7814
₽72627
₽51661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
accident
-
-
-
255
income
-
-
-
36 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
43 680
Employee
34 910
-
122 346
-
health
3 997
-
14 008
-
income
4 789
-
26 788
-
pensions
3 931
-
7 696
-
total
12 717
-
48 492
-
Employer
34 910
-
122 346
-
accident
583
-
2 043
-
unemployment
855
-
2 997
-
pensions
5 677
-
11 114
-
total
7 115
-
16 154
-
Corporate
96 475
138 500
-
-
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.

86 828
124 650
-
-
total
86 828
124 650
-
-
Dividends
9 648
13 850
-
-
withholding
1 833
2 632
-
-
total
1 833
2 632
-
-
Income
138 500
138 500
138 500
138 500
Total tax
108 493
127 282
64 646
43 680
After tax
30 007
11 218
73 854
94 820
Living cost
22 193
22 193
22 193
22 193
Free-cash
7 814
-10 975
51 661
72 627

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122314
₽120578
₽127854
₽101539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
138 500
microenterprise

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

-
-
-
1 385
total
-
-
-
1 385
Employee
11 576
-
138 500
-
income
2 315
-
27 700
-
total
2 315
-
27 700
-
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%.

126 924
138 500
-
-
total
-
-
-
-
Dividends
126 924
138 500
-
-
withholding
6 346
6 925
-
-
total
6 346
6 925
-
-
Income
138 500
138 500
138 500
138 500
Total tax
8 661
6 925
27 700
1 385
After tax
129 839
131 575
110 800
137 115
Living cost
9 261
9 261
9 261
9 261
Free-cash
120 578
122 314
101 539
127 854

Estimated living cost  is ₽9261 per week

₽5739
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
₽74683
₽67821
₽46665
₽52396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
18 847
pensions

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

-
-
-
33 241
other
-
-
-
6 579
health
-
-
-
6 095
total
-
-
-
64 762
Employee
36 891
-
110 625
-
health
517
-
1 548
-
income
6 351
-
20 758
-
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.

2 582
-
7 743
-
unemployment
368
-
1 107
-
total
9 818
-
31 156
-
Employer
36 891
-
110 625
-
accident
295
-
885
-
other
1 845
-
5 530
-
unemployment
368
-
1 107
-
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.

6 272
-
18 805
-
health
517
-
1 548
-
total
9 297
-
27 875
-
Corporate
92 311
138 500
-
-
income
19 385
29 086
-
-
total
19 385
29 086
-
-
Dividends
72 926
109 414
-
-
withholding
5 106
7 658
-
-
total
5 106
7 658
-
-
Income
138 500
138 500
138 500
138 500
Total tax
43 606
36 744
59 031
64 762
After tax
94 894
101 756
79 469
73 738
Living cost
27 073
27 073
27 073
27 073
Free-cash
67 821
74 683
52 396
46 665

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26746
₽21314
₽26563
₽13798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
35 158
pensions
-
-
-
8 370
total
-
-
-
43 528
Employee
96 788
-
121 373
-
health
1 595
-
1 922
-
income
17 447
-
26 645
-
pensions
9 337
-
10 599
-
total
28 379
-
39 166
-
Employer
96 788
-
121 373
-
pensions
11 428
-
14 820
-
health
1 838
-
2 307
-
total
13 266
-
17 127
-
Corporate
28 446
138 500
-
-
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.

5 404
26 316
-
-
total
5 404
26 316
-
-
Dividends
23 041
112 184
-
-
withholding
1 728
17 029
-
-
total
1 728
17 029
-
-
Income
138 500
138 500
138 500
138 500
Total tax
48 777
43 345
56 293
43 528
After tax
89 723
95 155
82 207
94 972
Living cost
68 409
68 409
68 409
68 409
Free-cash
21 314
26 746
13 798
26 563

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽105095
₽100377
₽94926
₽99922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
20 775
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
30 252
Employee
17 641
-
131 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
13 154
-
pensions

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

1 549
-
3 116
-
total
4 318
-
18 293
-
Employer
17 641
-
131 537
-
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.

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
117 398
138 500
-
-
income
11 740
13 850
-
-
total
11 740
13 850
-
-
Dividends
105 658
124 650
-
-
withholding
5 282
6 233
-
-
total
5 282
6 233
-
-
Income
138 500
138 500
138 500
138 500
Total tax
24 801
20 083
25 256
30 252
After tax
113 699
118 417
113 244
108 248
Living cost
13 322
13 322
13 322
13 322
Free-cash
100 377
105 095
99 922
94 926

Estimated living cost  is ₽13322 per week

₽7778
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.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11626
₽14180
₽22940
₽24642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
34 786
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
59 219
Employee
94 199
86 765
119 618
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
38 635
-
Employer
94 199
86 765
119 618
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
27 807
36 541
-
-
income
5 561
7 308
-
-
total
5 561
7 308
-
-
Dividends
22 247
29 233
-
-
income
4 728
6 212
-
-
withholding
3 338
4 385
-
-
total
8 066
10 597
-
-
Income
138 500
138 500
138 500
138 500
Total tax
67 979
70 533
57 517
59 219
After tax
70 521
67 967
80 983
79 281
Living cost
56 341
56 341
56 341
56 341
Free-cash
14 180
11 626
24 642
22 940

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71083
₽62423
₽47868
₽46011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
12 731
health
-
-
-
18 698
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
66 358
Employee
35 697
-
103 358
-
social contributions
2 320
-
6 718
-
health
4 819
-
13 953
-
solidarity contribution
-
-
-
-
income
4 284
-
12 403
-
total
11 423
-
33 074
-
Employer
35 697
-
103 358
-
social contributions
8 924
-
25 839
-
health
3 213
-
9 302
-
total
12 137
-
35 141
-
Corporate
90 666
138 500
-
-
income
17 227
26 315
-
-
total
17 227
26 315
-
-
Dividends
73 440
112 185
-
-
withholding
11 016
16 828
-
-
total
11 016
16 828
-
-
Income
138 500
138 500
138 500
138 500
Total tax
51 803
43 143
68 215
66 358
After tax
86 697
95 357
70 285
72 142
Living cost
24 274
24 274
24 274
24 274
Free-cash
62 423
71 083
46 011
47 868

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31021
₽25717
₽25593
₽18999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
municipal
-
-
-
823
regional
-
-
-
1 592
national
-
-
-
31 997
social contributions
-
-
-
35 622
total
-
-
-
70 034
Employee
90 299
-
138 500
-
social contributions
30 449
-
46 703
-
regional
852
-
1 402
-
municipal
478
-
735
-
national
15 647
-
27 788
-
total
47 426
-
76 628
-
Employer
90 299
-
138 500
-
total
-
-
-
-
Corporate
48 201
138 500
-
-
nationa
11 569
33 241
-
-
municipal
1 880
5 401
-
-
total
13 449
38 642
-
-
Dividends
34 752
99 859
-
-
withholding
9 035
25 964
-
-
total
9 035
25 964
-
-
Income
138 500
138 500
138 500
138 500
Total tax
69 910
64 606
76 628
70 034
After tax
68 590
73 894
61 872
68 466
Living cost
42 873
42 873
42 873
42 873
Free-cash
25 717
31 021
18 999
25 593

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
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.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64697
₽61534
₽43298
₽40631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
31 417
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
4 386
total
-
-
-
72 782
Employee
33 600
-
114 416
-
other
-
-
-
-
health
858
-
2 917
-
surtax
110
-
3 964
-
income
5 632
-
28 889
-
pensions
2 240
-
7 632
-
unemployment
2 339
-
7 963
-
total
11 179
-
51 365
-
Employer
33 600
-
114 416
-
other
-
-
-
-
unemployment
1 064
-
3 627
-
pensions
4 479
-
15 251
-
health
1 529
-
5 206
-
total
7 072
-
24 084
-
Corporate
97 828
138 500
-
-
income
25 436
36 010
-
-
total
25 436
36 010
-
-
Dividends
72 392
102 490
-
-
withholding
10 859
15 373
-
-
total
10 859
15 373
-
-
Income
138 500
138 500
138 500
138 500
Total tax
54 546
51 383
75 449
72 782
After tax
83 954
87 117
63 051
65 718
Living cost
22 420
22 420
22 420
22 420
Free-cash
61 534
64 697
40 631
43 298

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48420
₽48988
₽48237
₽35472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
35 158
pensions
-
-
-
8 370
total
-
-
-
43 528
Employee
64 865
-
121 373
-
health
942
-
1 922
-
income
11 682
-
26 645
-
pensions
5 506
-
10 599
-
total
18 130
-
39 166
-
Employer
64 865
-
121 373
-
pensions
7 022
-
14 820
-
health
1 232
-
2 307
-
total
8 254
-
17 127
-
Corporate
65 381
138 500
-
-
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.

12 421
26 316
-
-
total
12 421
26 316
-
-
Dividends
52 960
112 184
-
-
withholding
3 972
17 029
-
-
total
3 972
17 029
-
-
Income
138 500
138 500
138 500
138 500
Total tax
42 777
43 345
56 293
43 528
After tax
95 723
95 155
82 207
94 972
Living cost
46 735
46 735
46 735
46 735
Free-cash
48 988
48 420
35 472
48 237

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
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.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14283
₽18926
₽36188
₽29454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
city
-
-
-
1 459
pensions
-
-
-
12 742
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.

-
-
-
2 771
regional
-
-
-
5 879
health
-
-
-
311
national
-
-
-
1 535
total
-
-
-
24 697
Employee
90 829
-
123 964
-
city
975
-
1 332
-
regional
2 974
-
5 017
-
health
205
-
279
-
pensions
7 631
-
10 414
-
unemployment
-
-
-
-
national
430
-
1 216
-
total
12 215
-
18 258
-
Employer
90 829
-
123 964
-
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.

1 816
-
2 480
-
unemployment
-
-
-
-
pensions
7 631
-
10 414
-
health
205
-
279
-
total
9 652
-
13 173
-
Corporate
37 020
138 500
-
-
regional
7 830
29 293
-
-
national
3 148
11 773
-
-
total
10 978
41 066
-
-
Dividends
26 042
97 433
-
-
withholding
9 114
34 102
-
-
total
9 114
34 102
-
-
Income
138 500
138 500
138 500
138 500
Total tax
41 959
75 168
31 431
24 697
After tax
96 541
63 332
107 069
113 803
Living cost
77 615
77 615
77 615
77 615
Free-cash
18 926
-14 283
29 454
36 188

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21949
₽38430
₽28933
₽44584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
trade
-
-
-
15 651
income

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

-
-
-
38 323
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.

-
-
-
6 941
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.

-
-
-
2 107
total
-
-
-
63 022
Employee

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

61 062
-
138 500
-
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.

6 941
-
6 941
-
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
-
2 107
-
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.

7 180
-
38 323
-
total
14 516
-
47 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 438
138 500
-
-
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.

638
1 143
-
-
income
11 615
20 776
-
-
trade
13 281
23 753
-
-
chamber of commerce
264
349
-
-
total
25 798
46 021
-
-
Dividends
51 640
92 480
-
-
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.

688
1 251
-
-
withholding
12 523
22 734
-
-
total
13 211
23 985
-
-
Income
138 500
138 500
138 500
138 500
Total tax
53 525
70 006
47 371
63 022
After tax
84 975
68 494
91 129
75 478
Living cost
46 545
46 545
46 545
46 545
Free-cash
38 430
21 949
44 584
28 933

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
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.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35041
₽41043
₽43939
₽45888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
18 409
pensions
-
-
-
28 554
other
-
-
-
4 294
health
-
-
-
4 595
surtax
-
-
-
-
social contributions
-
-
-
3 947
total
-
-
-
59 799
Employee
43 485
-
109 578
-
social contributions
1 240
-
3 122
-
surtax
-
-
-
-
income
2 566
-
19 182
-
pensions
4 917
-
6 627
-
total
8 723
-
28 931
-
Employer
43 485
-
109 578
-
other
1 500
-
3 851
-
social contributions
131
-
328
-
unemployment
1 760
-
4 439
-
pensions
7 144
-
11 336
-
health
3 045
-
8 965
-
total
13 580
-
28 919
-
Corporate
81 435
138 500
-
-
surtax
-
-
-
-
income
22 802
38 780
-
-
total
22 802
38 780
-
-
Dividends
58 633
99 720
-
-
surtax
-
-
-
-
social contributions
10 086
17 153
-
-
withholding
7 504
12 764
-
-
total
17 590
29 917
-
-
Income
138 500
138 500
138 500
138 500
Total tax
62 695
68 697
57 850
59 799
After tax
75 805
69 803
80 650
78 701
Living cost
34 762
34 762
34 762
34 762
Free-cash
41 043
35 041
45 888
43 939

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38485
₽44133
₽47383
₽49332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
18 409
pensions
-
-
-
28 554
other
-
-
-
4 294
health
-
-
-
4 595
surtax
-
-
-
-
social contributions
-
-
-
3 947
total
-
-
-
59 799
Employee
38 816
-
109 578
-
social contributions
1 107
-
3 122
-
surtax
-
-
-
-
income
2 001
-
19 182
-
pensions
4 390
-
6 627
-
total
7 498
-
28 931
-
Employer
38 816
-
109 578
-
other
1 340
-
3 851
-
social contributions
116
-
328
-
unemployment
1 571
-
4 439
-
pensions
6 378
-
11 336
-
health
2 717
-
8 965
-
total
12 122
-
28 919
-
Corporate
87 562
138 500
-
-
surtax
-
-
-
-
income
24 518
38 780
-
-
total
24 518
38 780
-
-
Dividends
63 044
99 720
-
-
surtax
-
-
-
-
social contributions
10 842
17 153
-
-
withholding
8 069
12 764
-
-
total
18 911
29 917
-
-
Income
138 500
138 500
138 500
138 500
Total tax
63 049
68 697
57 850
59 799
After tax
75 451
69 803
80 650
78 701
Living cost
31 318
31 318
31 318
31 318
Free-cash
44 133
38 485
49 332
47 383

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
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.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62952
₽63481
₽67398
₽65733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
20 776
health
-
-
-
9 668
social contributions
-
-
-
19 113
total
-
-
-
49 557
Employee
34 450
-
138 500
-
social contributions
4 755
-
19 113
-
health
2 404
-
9 668
-
income
5 746
-
22 441
-
total
12 905
-
51 222
-
Employer
34 450
-
138 500
-
total
-
-
-
-
Corporate
104 050
138 500
-
-
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%.

5 202
6 926
-
-
total
5 202
6 926
-
-
Dividends
98 848
131 574
-
-
health
6 899
9 184
-
-
social contributions
13 641
18 157
-
-
withholding
14 827
19 736
-
-
total
35 367
47 077
-
-
Income
138 500
138 500
138 500
138 500
Total tax
53 474
54 003
51 222
49 557
After tax
85 026
84 497
87 278
88 943
Living cost
21 545
21 545
21 545
21 545
Free-cash
63 481
62 952
65 733
67 398

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41215
₽39648
₽34304
₽1467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
chamber of commerce
-
-
-
553
income
-
-
-
30 370
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
68 395
Employee
50 777
40 491
107 394
-
other
507
405
1 074
-
health
1 965
1 568
4 157
-
income
5 781
2 987
24 788
-
pensions
5 200
4 145
10 998
-
unemployment
1 523
1 215
3 222
-
total
14 976
10 320
44 239
-
Employer
50 777
40 491
107 394
-
accident
659
526
1 396
-
other
2 412
1 922
5 100
-
chamber of commerce
202
162
430
-
unemployment
1 523
1 215
3 222
-
surtax
201
201
201
-
pensions
6 372
5 083
13 478
-
payroll
1 523
1 215
3 222
-
health
1 918
1 531
4 059
-
total
14 810
11 855
31 108
-
Corporate
72 911
86 155
103 537
-
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.

18 228
21 539
25 885
-
total
18 228
21 539
25 885
-
Dividends
54 683
64 616
-
-
withholding
15 037
17 770
-
-
total
15 037
17 770
-
-
Income
138 500
138 500
138 500
138 500
Total tax
63 051
61 484
101 232
68 395
After tax
75 449
77 016
37 268
70 105
Living cost
35 801
35 801
35 801
35 801
Free-cash
39 648
41 215
1 467
34 304

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40497
₽25258
₽24273
₽13981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
national
-
-
-
48 340
communal

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

-
-
-
6 999
social contributions
-
-
-
21 842
total
-
-
-
77 181
Employee

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

72 678
-
107 270
-
communal

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

3 791
-
5 595
-
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.

3 415
-
5 042
-
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.

5 451
-
8 046
-
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
-
933
-
national
22 344
-
36 634
-
total
35 633
-
56 250
-
Employer

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

72 678
-
107 270
-
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.

945
-
1 394
-
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.

1 060
-
1 566
-
surtax
8 241
-
12 163
-
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.

6 440
-
9 504
-
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.

4 469
-
6 596
-
total
21 155
-
31 223
-
Corporate
44 667
138 500
-
-
surtax
179
553
-
-
income
8 933
27 699
-
-
total
9 112
28 252
-
-
Dividends
35 555
110 247
-
-
withholding

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

10 296
32 705
-
-
total
10 296
32 705
-
-
Income
138 500
138 500
138 500
138 500
Total tax
76 196
60 957
87 473
77 181
After tax
62 304
77 543
51 027
61 319
Living cost
37 046
37 046
37 046
37 046
Free-cash
25 258
40 497
13 981
24 273

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56114
₽48448
₽41053
₽36168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
accident
-
-
-
848
income
-
-
-
32 503
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
60 754
Employee
50 576
-
108 477
-
other
50
-
94
-
income
10 671
-
29 636
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
35 617
-
Employer
50 576
-
108 477
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
71 803
138 500
-
-
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.

10 770
20 776
-
-
total
10 770
20 776
-
-
Dividends
61 033
117 724
-
-
withholding
12 585
24 917
-
-
total
12 585
24 917
-
-
Income
138 500
138 500
138 500
138 500
Total tax
53 359
45 693
65 639
60 754
After tax
85 141
92 807
72 861
77 746
Living cost
36 693
36 693
36 693
36 693
Free-cash
48 448
56 114
36 168
41 053

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27831
₽17140
₽17793
₽23314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
accident
-
-
-
1 168
income
-
-
-
18 214
pensions
-
-
-
20 760
health
-
-
-
9 729
surtax
-
-
-
6 866
communal
-
-
-
8 754
total
-
-
-
65 491
Employee
76 944
-
123 717
-
health
3 424
-
5 505
-
surtax
4 716
-
7 581
-
income
7 432
-
22 204
-
pensions
6 155
-
9 897
-
total
21 727
-
45 187
-
Employer
76 944
-
123 717
-
accident
692
-
1 113
-
pensions
6 155
-
9 897
-
health
2 347
-
3 773
-
total
9 194
-
14 783
-
Corporate
52 363
138 500
-
-
surtax
550
1 454
-
-
communal
3 534
9 349
-
-
income
7 855
20 776
-
-
total
11 939
31 579
-
-
Dividends
40 424
106 921
-
-
income
17 220
7 836
-
-
withholding
6 064
16 038
-
-
total
23 284
23 874
-
-
Income
138 500
138 500
138 500
138 500
Total tax
66 144
55 453
59 970
65 491
After tax
72 356
83 047
78 530
73 009
Living cost
55 216
55 216
55 216
55 216
Free-cash
17 140
27 831
23 314
17 793

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64296
₽61064
₽42897
₽40230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
31 417
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
4 386
total
-
-
-
72 782
Employee
34 217
-
114 416
-
other
-
-
-
-
health
873
-
2 917
-
surtax
121
-
3 964
-
income
5 736
-
28 889
-
pensions
2 283
-
7 632
-
unemployment
2 381
-
7 963
-
total
11 394
-
51 365
-
Employer
34 217
-
114 416
-
other
-
-
-
-
unemployment
1 086
-
3 627
-
pensions
4 562
-
15 251
-
health
1 556
-
5 206
-
total
7 204
-
24 084
-
Corporate
97 080
138 500
-
-
income
25 241
36 010
-
-
total
25 241
36 010
-
-
Dividends
71 839
102 490
-
-
withholding
10 776
15 373
-
-
total
10 776
15 373
-
-
Income
138 500
138 500
138 500
138 500
Total tax
54 615
51 383
75 449
72 782
After tax
83 885
87 117
63 051
65 718
Living cost
22 821
22 821
22 821
22 821
Free-cash
61 064
64 296
40 230
42 897

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
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.
₽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 of data for Athens model

Close
Naples , Italy
₽45428
₽43174
₽40599
₽34041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
municipal
-
-
-
823
regional
-
-
-
2 089
national
-
-
-
31 997
social contributions
-
-
-
35 622
total
-
-
-
70 531
Employee
56 361
-
138 500
-
social contributions
19 005
-
46 703
-
regional
759
-
1 863
-
municipal
299
-
735
-
national
8 929
-
27 788
-
total
28 992
-
77 089
-
Employer
56 361
-
138 500
-
total
-
-
-
-
Corporate
82 139
138 500
-
-
nationa
19 713
33 241
-
-
municipal
4 082
6 883
-
-
total
23 795
40 124
-
-
Dividends
58 344
98 376
-
-
withholding
15 169
25 578
-
-
total
15 169
25 578
-
-
Income
138 500
138 500
138 500
138 500
Total tax
67 956
65 702
77 089
70 531
After tax
70 544
72 798
61 411
67 969
Living cost
27 370
27 370
27 370
27 370
Free-cash
43 174
45 428
34 041
40 599

Estimated living cost  is ₽27370 per week

₽17021
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.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65445
₽54775
₽42230
₽40373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
12 731
health
-
-
-
18 698
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
66 358
Employee
43 988
-
103 358
-
social contributions
2 859
-
6 718
-
health
5 938
-
13 953
-
solidarity contribution
-
-
-
-
income
5 278
-
12 403
-
total
14 075
-
33 074
-
Employer
43 988
-
103 358
-
social contributions
10 997
-
25 839
-
health
3 959
-
9 302
-
total
14 956
-
35 141
-
Corporate
79 557
138 500
-
-
income
15 116
26 315
-
-
total
15 116
26 315
-
-
Dividends
64 441
112 185
-
-
withholding
9 666
16 828
-
-
total
9 666
16 828
-
-
Income
138 500
138 500
138 500
138 500
Total tax
53 813
43 143
68 215
66 358
After tax
84 687
95 357
70 285
72 142
Living cost
29 912
29 912
29 912
29 912
Free-cash
54 775
65 445
40 373
42 230

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44712
₽44212
₽37891
₽4890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
chamber of commerce
-
-
-
553
income
-
-
-
30 370
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
68 194
Employee
44 414
40 491
107 550
-
other
443
405
1 076
-
health
1 718
1 568
4 163
-
income
3 957
2 987
24 844
-
pensions
4 548
4 145
11 013
-
unemployment
1 332
1 215
3 226
-
total
11 998
10 320
44 322
-
Employer
44 414
40 491
107 550
-
accident
577
526
1 398
-
other
2 109
1 922
5 108
-
chamber of commerce
177
162
430
-
unemployment
1 332
1 215
3 226
-
surtax
-
-
-
-
pensions
5 574
5 083
13 497
-
payroll
1 332
1 215
3 226
-
health
1 679
1 531
4 064
-
total
12 780
11 654
30 949
-
Corporate
81 305
86 356
103 695
-
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.

20 326
21 589
25 924
-
total
20 326
21 589
25 924
-
Dividends
60 978
64 767
-
-
withholding
16 769
17 810
-
-
total
16 769
17 810
-
-
Income
138 500
138 500
138 500
138 500
Total tax
61 873
61 373
101 195
68 194
After tax
76 627
77 127
37 305
70 306
Living cost
32 415
32 415
32 415
32 415
Free-cash
44 212
44 712
4 890
37 891

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117143
₽114437
₽122683
₽96368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
138 500
microenterprise

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

-
-
-
1 385
total
-
-
-
1 385
Employee
18 040
-
138 500
-
income
3 608
-
27 700
-
total
3 608
-
27 700
-
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%.

120 460
138 500
-
-
total
-
-
-
-
Dividends
120 460
138 500
-
-
withholding
6 023
6 925
-
-
total
6 023
6 925
-
-
Income
138 500
138 500
138 500
138 500
Total tax
9 631
6 925
27 700
1 385
After tax
128 869
131 575
110 800
137 115
Living cost
14 432
14 432
14 432
14 432
Free-cash
114 437
117 143
96 368
122 683

Estimated living cost  is ₽14432 per week

₽9766
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68104
₽59606
₽42446
₽38778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
income
-
-
-
29 673
pensions
-
-
-
25 293
unemployment
-
-
-
208
health
-
-
-
13 628
total
-
-
-
68 802
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.

44 929
-
119 842
-
health
2 902
-
7 741
-
income
7 748
-
27 327
-
pensions
6 964
-
18 576
-
unemployment
64
-
168
-
total
17 678
-
53 812
-
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.

44 929
-
119 842
-
unemployment
27
-
71
-
pensions
3 976
-
10 607
-
health
2 992
-
7 980
-
total
6 995
-
18 658
-
Corporate
86 575
138 500
-
-
income
16 449
26 315
-
-
total
16 449
26 315
-
-
Dividends
70 127
112 185
-
-
withholding
10 520
16 829
-
-
total
10 520
16 829
-
-
Income
138 500
138 500
138 500
138 500
Total tax
51 642
43 144
72 470
68 802
After tax
86 858
95 356
66 030
69 698
Living cost
27 252
27 252
27 252
27 252
Free-cash
59 606
68 104
38 778
42 446

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40363
-₽13202
₽51815
₽81215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
26 996
social contributions
-
-
-
15 789
total
-
-
-
42 785
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
138 500
-
-
income
-
30 470
-
-
total
-
30 470
-
-
Dividends
-
108 030
-
-
income
-
23 767
-
-
total
-
23 767
-
-
Income
138 500
138 500
138 500
138 500
Total tax
107 802
54 237
13 385
42 785
After tax
30 698
84 263
125 115
95 715
Living cost
43 900
43 900
43 900
43 900
Free-cash
-13 202
40 363
81 215
51 815

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46908
₽45887
₽43675
₽34400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
income
-
-
-
14 827
surtax
-
-
-
-
social contributions

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

-
-
-
48 128
total
-
-
-
62 955
Employee
46 730
-
111 919
-
social contributions
5 140
-
12 311
-
surtax
-
-
-
-
income
9 720
-
33 338
-
total
14 860
-
45 649
-
Employer
46 730
-
111 919
-
social contributions
11 098
-
26 581
-
total
11 098
-
26 581
-
Corporate
80 672
138 500
-
-
surtax
-
-
-
-
income
16 940
29 086
-
-
total
16 940
29 086
-
-
Dividends
63 731
109 414
-
-
withholding
17 845
30 636
-
-
total
17 845
30 636
-
-
Income
138 500
138 500
138 500
138 500
Total tax
60 743
59 722
72 230
62 955
After tax
77 757
78 778
66 270
75 545
Living cost
31 870
31 870
31 870
31 870
Free-cash
45 887
46 908
34 400
43 675

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20730
₽27717
₽29628
₽31577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
18 409
pensions
-
-
-
28 554
other
-
-
-
4 294
health
-
-
-
4 595
surtax
-
-
-
-
social contributions
-
-
-
3 947
total
-
-
-
59 799
Employee
63 636
-
109 578
-
social contributions
1 812
-
3 122
-
surtax
-
-
-
-
income
5 552
-
19 182
-
pensions
7 198
-
6 627
-
total
14 562
-
28 931
-
Employer
63 636
-
109 578
-
other
2 196
-
3 851
-
social contributions
191
-
328
-
unemployment
2 578
-
4 439
-
pensions
10 456
-
11 336
-
health
4 454
-
8 965
-
total
19 875
-
28 919
-
Corporate
54 989
138 500
-
-
surtax
-
-
-
-
income
15 396
38 780
-
-
total
15 396
38 780
-
-
Dividends
39 593
99 720
-
-
surtax
-
-
-
-
social contributions
6 810
17 153
-
-
withholding
5 067
12 764
-
-
total
11 877
29 917
-
-
Income
138 500
138 500
138 500
138 500
Total tax
61 710
68 697
57 850
59 799
After tax
76 790
69 803
80 650
78 701
Living cost
49 073
49 073
49 073
49 073
Free-cash
27 717
20 730
31 577
29 628

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94108
₽90696
₽72855
₽76536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
4 633
social contributions
-
-
-
30 470
total
-
-
-
35 103
Employee
32 665
-
119 915
-
income
-
-
5 042
-
social contributions
2 123
-
7 795
-
total
2 123
-
12 837
-
Employer
32 665
-
119 915
-
social contributions
5 063
-
18 585
-
total
5 063
-
18 585
-
Corporate
100 772
138 500
-
-
income
10 076
13 850
-
-
total
10 076
13 850
-
-
Dividends
90 696
124 650
-
-
total
-
-
-
-
Income
138 500
138 500
138 500
138 500
Total tax
17 262
13 850
31 422
35 103
After tax
121 238
124 650
107 078
103 397
Living cost
30 542
30 542
30 542
30 542
Free-cash
90 696
94 108
76 536
72 855

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽82848
-₽82848
₽35094
-₽82848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
municipal
-
-
-
27 649
pensions
-
-
-
881
national
-
-
-
14 939
labour market
-
-
-
11 010
total
-
-
-
54 479
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
138 500
138 500
138 500
138 500
Total tax
172 421
172 421
172 421
54 479
After tax
-33 921
-33 921
-33 921
84 021
Living cost
48 927
48 927
48 927
48 927
Free-cash
-82 848
-82 848
-82 848
35 094

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
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.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10647
₽7864
₽72955
₽51989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
accident
-
-
-
255
income
-
-
-
36 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
43 680
Employee
34 396
-
122 346
-
health
3 939
-
14 008
-
income
4 719
-
26 788
-
pensions
3 873
-
7 696
-
total
12 531
-
48 492
-
Employer
34 396
-
122 346
-
accident
574
-
2 043
-
unemployment
843
-
2 997
-
pensions
5 593
-
11 114
-
total
7 010
-
16 154
-
Corporate
97 094
138 500
-
-
income

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

87 385
124 650
-
-
total
87 385
124 650
-
-
Dividends
9 710
13 850
-
-
withholding
1 845
2 632
-
-
total
1 845
2 632
-
-
Income
138 500
138 500
138 500
138 500
Total tax
108 771
127 282
64 646
43 680
After tax
29 729
11 218
73 854
94 820
Living cost
21 865
21 865
21 865
21 865
Free-cash
7 864
-10 647
51 989
72 955

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50262
₽51208
₽55212
₽36220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
138 500
municipal
-
-
-
24 622
health
-
-
-
1 708
national
-
-
-
17 950
total
-
-
-
44 280
Employee
53 456
-
116 514
-
health
399
-
1 371
-
municipal
8 756
-
18 996
-
pensions
3 608
-
7 865
-
unemployment
802
-
1 747
-
national
883
-
11 308
-
total
14 448
-
41 287
-
Employer
53 456
-
116 514
-
accident
54
-
116
-
unemployment
347
-
758
-
pensions
9 274
-
20 214
-
health
411
-
897
-
total
10 086
-
21 985
-
Corporate
74 958
138 500
-
-
income
14 991
27 699
-
-
total
14 991
27 699
-
-
Dividends

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

44 975
83 100
-
-
national
663
6 573
-
-
municipal
8 096
14 958
-
-
total
8 759
21 531
-
-
Income
138 500
138 500
138 500
138 500
Total tax
48 284
49 230
63 272
44 280
After tax
90 216
89 270
75 228
94 220
Living cost
39 008
39 008
39 008
39 008
Free-cash
51 208
50 262
36 220
55 212

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77645
₽72115
₽73167
₽71840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
21 838
health
-
-
-
3 532
social contributions
-
-
-
16 439
total
-
-
-
41 809
Employee
78 128
78 128
127 398
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
2 165
-
income
8 507
7 232
21 123
-
total
12 066
15 044
32 034
-
Employer
78 128
78 128
127 398
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
2 356
-
total
3 611
7 930
11 102
-
Corporate
99 298
52 441
-
-
income
12 413
6 556
-
-
total
12 413
6 556
-
-
Dividends
86 885
45 886
-
-
withholding
14 771
7 801
-
-
total
14 771
7 801
-
-
Income
138 500
138 500
138 500
138 500
Total tax
42 861
37 331
43 136
41 809
After tax
95 639
101 169
95 364
96 691
Living cost
23 524
23 524
23 524
23 524
Free-cash
72 115
77 645
71 840
73 167

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98560
₽93390
₽98442
₽78062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138 500
income
-
-
-
13 757
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
23 926
Employee

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

23 322
-
128 570
-
health
1 982
-
8 195
-
income
1 595
-
11 239
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
34 377
-
Employer

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

23 322
-
128 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
112 778
138 500
-
-
income
10 150
12 465
-
-
total
10 150
12 465
-
-
Dividends
102 628
126 035
-
-
withholding
9 236
11 343
-
-
total
9 236
11 343
-
-
Income
138 500
138 500
138 500
138 500
Total tax
28 978
23 808
44 306
23 926
After tax
109 522
114 692
94 194
114 574
Living cost
16 132
16 132
16 132
16 132
Free-cash
93 390
98 560
78 062
98 442

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64867
₽59964
₽49806
₽44921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
accident
-
-
-
848
income
-
-
-
32 503
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
60 754
Employee
37 569
-
108 477
-
other
37
-
94
-
income
7 243
-
29 636
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
35 617
-
Employer
37 569
-
108 477
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
88 954
138 500
-
-
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.

13 343
20 776
-
-
total
13 343
20 776
-
-
Dividends
75 611
117 724
-
-
withholding
15 647
24 917
-
-
total
15 647
24 917
-
-
Income
138 500
138 500
138 500
138 500
Total tax
50 596
45 693
65 639
60 754
After tax
87 904
92 807
72 861
77 746
Living cost
27 940
27 940
27 940
27 940
Free-cash
59 964
64 867
44 921
49 806

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83643
₽83187
₽85610
₽85413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
46 609
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
50 109
Employee
4 236
-
136 218
-
health
212
-
507
-
income
820
-
46 502
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
48 023
-
Employer
4 236
-
136 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
133 310
138 500
-
-
income
29 328
30 470
-
-
total
29 328
30 470
-
-
Dividends
103 982
108 030
-
-
withholding
20 796
21 606
-
-
total
20 796
21 606
-
-
Income
138 500
138 500
138 500
138 500
Total tax
52 532
52 076
50 306
50 109
After tax
85 968
86 424
88 194
88 391
Living cost
2 781
2 781
2 781
2 781
Free-cash
83 187
83 643
85 413
85 610

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
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.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82507
₽77509
₽62193
₽62194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
income
-
-
-
30 384
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
58 748
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.

26 477
-
125 069
-
health
1 364
-
3 864
-
income
3 650
-
30 384
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
45 316
-
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.

26 477
-
125 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
107 284
138 500
-
-
income
16 093
20 775
-
-
total
16 093
20 775
-
-
Dividends
91 191
117 725
-
-
withholding
13 679
17 659
-
-
total
13 679
17 659
-
-
Income
138 500
138 500
138 500
138 500
Total tax
43 432
38 434
58 747
58 748
After tax
95 068
100 066
79 753
79 752
Living cost
17 559
17 559
17 559
17 559
Free-cash
77 509
82 507
62 194
62 193

Estimated living cost  is ₽17559 per week

₽11822
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51386
₽51020
₽48153
₽38878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
income
-
-
-
14 827
surtax
-
-
-
-
social contributions

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

-
-
-
48 128
total
-
-
-
62 955
Employee
39 435
-
111 919
-
social contributions
4 338
-
12 311
-
surtax
-
-
-
-
income
7 705
-
33 338
-
total
12 043
-
45 649
-
Employer
39 435
-
111 919
-
social contributions
9 365
-
26 581
-
total
9 365
-
26 581
-
Corporate
89 700
138 500
-
-
surtax
-
-
-
-
income
18 838
29 086
-
-
total
18 838
29 086
-
-
Dividends
70 863
109 414
-
-
withholding
19 842
30 636
-
-
total
19 842
30 636
-
-
Income
138 500
138 500
138 500
138 500
Total tax
60 088
59 722
72 230
62 955
After tax
78 412
78 778
66 270
75 545
Living cost
27 392
27 392
27 392
27 392
Free-cash
51 020
51 386
38 878
48 153

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57099
₽49778
₽42038
₽37153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
accident
-
-
-
848
income
-
-
-
32 503
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
60 754
Employee
49 070
-
108 477
-
other
48
-
94
-
income
10 249
-
29 636
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
35 617
-
Employer
49 070
-
108 477
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
73 785
138 500
-
-
income

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

11 067
20 776
-
-
total
11 067
20 776
-
-
Dividends
62 718
117 724
-
-
withholding
12 940
24 917
-
-
total
12 940
24 917
-
-
Income
138 500
138 500
138 500
138 500
Total tax
53 014
45 693
65 639
60 754
After tax
85 486
92 807
72 861
77 746
Living cost
35 708
35 708
35 708
35 708
Free-cash
49 778
57 099
37 153
42 038

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
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.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100938
₽94745
₽90769
₽95765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
20 775
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
30 252
Employee
23 145
-
131 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
13 154
-
pensions

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

2 032
-
3 116
-
total
5 666
-
18 293
-
Employer
23 145
-
131 537
-
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.

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
110 814
138 500
-
-
income
11 082
13 850
-
-
total
11 082
13 850
-
-
Dividends
99 732
124 650
-
-
withholding
4 987
6 233
-
-
total
4 987
6 233
-
-
Income
138 500
138 500
138 500
138 500
Total tax
26 276
20 083
25 256
30 252
After tax
112 224
118 417
113 244
108 248
Living cost
17 479
17 479
17 479
17 479
Free-cash
94 745
100 938
95 765
90 769

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
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.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32120
₽45413
₽38807
₽51903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
trade
-
-
-
13 096
income

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

-
-
-
38 323
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.

-
-
-
6 941
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.

-
-
-
2 107
total
-
-
-
60 467
Employee

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

50 554
-
138 500
-
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.

6 941
-
6 941
-
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
-
2 107
-
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.

4 157
-
38 323
-
total
11 327
-
47 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 946
138 500
-
-
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.

725
1 143
-
-
income
13 192
20 776
-
-
trade
12 620
19 875
-
-
chamber of commerce
283
357
-
-
total
26 820
42 151
-
-
Dividends
61 126
96 349
-
-
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.

819
1 303
-
-
withholding
14 895
23 700
-
-
total
15 714
25 003
-
-
Income
138 500
138 500
138 500
138 500
Total tax
53 861
67 154
47 371
60 467
After tax
84 639
71 346
91 129
78 033
Living cost
39 226
39 226
39 226
39 226
Free-cash
45 413
32 120
51 903
38 807

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39071
₽41316
₽19845
₽19845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
38 607
social contributions
-
-
-
22 170
total
-
-
-
60 777
Employee
79 477
-
138 500
-
income
14 997
-
38 607
-
social contributions
6 603
-
22 170
-
total
21 600
-
60 777
-
Employer
79 477
-
138 500
-
total
-
-
-
-
Corporate
59 023
138 500
-
-
income
7 377
17 313
-
-
total
7 377
17 313
-
-
Dividends
51 646
121 187
-
-
withholding
10 329
24 238
-
-
total
10 329
24 238
-
-
Income
138 500
138 500
138 500
138 500
Total tax
39 306
41 551
60 777
60 777
After tax
99 194
96 949
77 723
77 723
Living cost
57 878
57 878
57 878
57 878
Free-cash
41 316
39 071
19 845
19 845

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47775
₽51325
₽65884
₽64064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
133 826
-
income
5 057
-
28 206
-
social contributions
4 670
-
4 674
-
total
9 727
-
32 880
-
Employer
46 610
-
133 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
87 220
138 500
-
-
income
30 528
48 475
-
-
total
30 528
48 475
-
-
Dividends
56 692
90 025
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
138 500
138 500
138 500
138 500
Total tax
50 293
53 843
37 554
35 734
After tax
88 207
84 657
100 946
102 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
51 325
47 775
64 064
65 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57161
₽60005
₽56978
₽44213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
income
-
-
-
35 158
pensions
-
-
-
8 370
total
-
-
-
43 528
Employee
52 152
-
121 373
-
health
680
-
1 922
-
income
9 497
-
26 645
-
pensions
3 981
-
10 599
-
total
14 158
-
39 166
-
Employer
52 152
-
121 373
-
pensions
5 269
-
14 820
-
health
991
-
2 307
-
total
6 260
-
17 127
-
Corporate
80 087
138 500
-
-
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.

15 217
26 316
-
-
total
15 217
26 316
-
-
Dividends
64 870
112 184
-
-
withholding
4 866
17 029
-
-
total
4 866
17 029
-
-
Income
138 500
138 500
138 500
138 500
Total tax
40 501
43 345
56 293
43 528
After tax
97 999
95 155
82 207
94 972
Living cost
37 994
37 994
37 994
37 994
Free-cash
60 005
57 161
44 213
56 978

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12812
₽7533
₽70790
₽49824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
accident
-
-
-
255
income
-
-
-
36 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
43 680
Employee
37 800
-
122 346
-
health
4 328
-
14 008
-
income
5 186
-
26 788
-
pensions
4 256
-
7 696
-
total
13 770
-
48 492
-
Employer
37 800
-
122 346
-
accident
631
-
2 043
-
unemployment
926
-
2 997
-
pensions
6 146
-
11 114
-
total
7 703
-
16 154
-
Corporate
92 996
138 500
-
-
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.

83 697
124 650
-
-
total
83 697
124 650
-
-
Dividends
9 300
13 850
-
-
withholding
1 767
2 632
-
-
total
1 767
2 632
-
-
Income
138 500
138 500
138 500
138 500
Total tax
106 937
127 282
64 646
43 680
After tax
31 563
11 218
73 854
94 820
Living cost
24 030
24 030
24 030
24 030
Free-cash
7 533
-12 812
49 824
70 790

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽102853
₽98109
₽64488
₽80282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
138 500
work injury
-
-
-
693
health insurance
-
-
-
10 249
income
-
-
-
22 229
pensions
-
-
-
25 484
unemployment
-
-
-
1 662
total
-
-
-
60 317
Employee

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

21 911
-
138 500
-
work injury
110
-
405
-
income
2 191
-
22 229
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
44 523
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 589
138 500
-
-
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%.

1 166
1 385
-
-
total
1 166
1 385
-
-
Dividends
115 423
137 115
-
-
withholding
17 313
20 567
-
-
total
17 313
20 567
-
-
Income
138 500
138 500
138 500
138 500
Total tax
26 696
21 952
44 523
60 317
After tax
111 804
116 548
93 977
78 183
Living cost
13 695
13 695
13 695
13 695
Free-cash
98 109
102 853
80 282
64 488

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Rome , Italy
₽32476
₽27854
₽26372
₽20036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
138 500
municipal
-
-
-
925
regional
-
-
-
3 107
national
-
-
-
31 997
social contributions
-
-
-
35 622
total
-
-
-
71 651
Employee
85 618
-
138 500
-
social contributions
28 870
-
46 703
-
regional
1 293
-
2 671
-
municipal
511
-
825
-
national
14 469
-
27 788
-
total
45 143
-
77 987
-
Employer
85 618
-
138 500
-
total
-
-
-
-
Corporate
52 882
138 500
-
-
nationa
12 691
33 241
-
-
municipal
2 549
6 675
-
-
total
15 240
39 916
-
-
Dividends
37 642
98 584
-
-
withholding
9 787
25 632
-
-
total
9 787
25 632
-
-
Income
138 500
138 500
138 500
138 500
Total tax
70 170
65 548
77 987
71 651
After tax
68 330
72 952
60 513
66 849
Living cost
40 476
40 476
40 476
40 476
Free-cash
27 854
32 476
20 036
26 372

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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