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
₽ 139500
per

Your estimated
City
free-cash

Dresden , Germany
₽46527
₽61178
₽51193
₽40135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
trade
-
-
-
14 651
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.

-
-
-
6 830
income

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

-
-
-
39 061
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.

-
-
-
2 148
total
-
-
-
62 690
Employee

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

38 240
-
139 500
-
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.

59
-
2 148
-
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.

1 068
-
39 061
-
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.

6 830
-
6 830
-
total
7 957
-
48 039
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 260
139 500
-
-
trade
15 949
21 971
-
-
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.

835
1 152
-
-
income
15 190
20 925
-
-
chamber of commerce
298
353
-
-
total
32 272
44 401
-
-
Dividends
68 989
95 100
-
-
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.

928
1 286
-
-
withholding
16 867
23 395
-
-
total
17 795
24 681
-
-
Income
139 500
139 500
139 500
139 500
Total tax
58 024
69 082
48 039
62 690
After tax
81 476
70 418
91 461
76 810
Living cost
30 283
30 283
30 283
30 283
Free-cash
51 193
40 135
61 178
46 527

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32494
₽33589
₽35760
₽36599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
1 500
municipal
-
-
-
15 029
national
-
-
-
23 288
pensions
-
-
-
16 740
total
-
-
-
56 557
Employee
78 206
-
120 596
-
pensions
3 128
-
4 824
-
national
14 969
-
24 125
-
municipal
9 660
-
15 569
-
total
27 757
-
44 518
-
Employer
78 206
-
120 596
-
pensions
6 256
-
9 648
-
social contributions
841
-
1 296
-
total
7 097
-
10 944
-
Corporate
49 036
139 500
-
-
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%.

9 807
27 900
-
-
total
9 807
27 900
-
-
Dividends
39 228
111 600
-
-
withholding
8 630
24 552
-
-
total
8 630
24 552
-
-
Income
139 500
139 500
139 500
139 500
Total tax
53 291
52 452
55 462
56 557
After tax
86 209
87 048
84 038
82 943
Living cost
50 449
50 449
50 449
50 449
Free-cash
35 760
36 599
33 589
32 494

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22687
₽57379
₽82599
₽90800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
social contributions

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

-
-
-
38 306
income
-
-
-
22 135
microenterprise
-
-
-
-
surtax
-
-
-
35 572
total
-
-
-
96 013
Employee
29 214
-
112 418
-
income
5 200
-
21 873
-
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.

3 214
-
12 366
-
surtax
-
-
-
-
total
8 414
-
34 239
-
Employer
29 214
-
112 418
-
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.

7 037
-
27 082
-
surtax
-
-
-
-
total
7 037
-
27 082
-
Corporate
103 249
139 500
-
-
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%.

20 650
27 900
-
-
total
20 650
27 900
-
-
Dividends

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

82 599
111 600
-
-
total
-
-
-
-
Income
139 500
139 500
139 500
139 500
Total tax
36 101
27 900
61 321
96 013
After tax
103 399
111 600
78 179
43 487
Living cost
20 800
20 800
20 800
20 800
Free-cash
82 599
90 800
57 379
22 687

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37681
₽41020
₽20510
₽26637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
health
-
-
-
12 329
income
-
-
-
35 894
pensions
-
-
-
11 714
total
-
-
-
59 937
Employee
85 378
85 378
120 920
-
income

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

13 975
13 975
13 975
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
38 018
-
Employer
85 378
85 378
120 920
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
40 219
39 172
-
-
income
8 044
7 834
-
-
total
8 044
7 834
-
-
Dividends
32 175
31 338
-
-
withholding
4 827
4 701
-
-
income
6 838
6 659
-
-
total
11 665
11 360
-
-
Income
139 500
139 500
139 500
139 500
Total tax
77 108
70 981
56 598
59 937
After tax
62 392
68 519
82 902
79 563
Living cost
41 882
41 882
41 882
41 882
Free-cash
20 510
26 637
41 020
37 681

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35046
₽34113
₽36849
₽37713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
34 318
health
-
-
-
5 259
national
-
-
-
7 268
pensions
-
-
-
9 110
total
-
-
-
66 000
Employee
54 793
-
113 020
-
national
-
-
6 751
-
municipal
16 339
-
33 703
-
total
16 339
-
40 454
-
Employer
54 793
-
113 020
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
67 491
139 500
-
-
income
14 848
30 690
-
-
total
14 848
30 690
-
-
Dividends
52 643
108 810
-
-
withholding
15 793
32 643
-
-
total
15 793
32 643
-
-
Income
139 500
139 500
139 500
139 500
Total tax
64 197
63 333
66 933
66 000
After tax
75 303
76 167
72 567
73 500
Living cost
38 454
38 454
38 454
38 454
Free-cash
36 849
37 713
34 113
35 046

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36883
₽52185
₽44473
₽30424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
trade
-
-
-
15 302
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.

-
-
-
6 830
income

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

-
-
-
39 061
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.

-
-
-
2 148
total
-
-
-
63 341
Employee

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

50 701
-
139 500
-
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.

239
-
2 148
-
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.

4 356
-
39 061
-
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.

6 830
-
6 830
-
total
11 425
-
48 039
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 799
139 500
-
-
trade
14 607
22 948
-
-
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.

732
1 152
-
-
income
13 319
20 925
-
-
chamber of commerce
279
351
-
-
total
28 937
45 376
-
-
Dividends
59 862
94 125
-
-
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.

803
1 273
-
-
withholding
14 586
23 151
-
-
total
15 389
24 424
-
-
Income
139 500
139 500
139 500
139 500
Total tax
55 751
69 800
48 039
63 341
After tax
83 749
69 700
91 461
76 159
Living cost
39 276
39 276
39 276
39 276
Free-cash
44 473
30 424
52 185
36 883

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64754
₽63427
₽65310
₽69455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
16 176
health
-
-
-
3 557
income
-
-
-
22 585
total
-
-
-
42 318
Employee
76 879
76 879
128 517
-
income
8 073
7 117
21 870
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
2 186
-
total
12 574
14 805
32 662
-
Employer
76 879
76 879
128 517
-
health
833
1 423
2 377
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
10 983
-
Corporate
89 930
54 818
-
-
income
11 241
6 853
-
-
total
11 241
6 853
-
-
Dividends
78 689
47 965
-
-
withholding
13 378
8 155
-
-
total
13 378
8 155
-
-
Income
139 500
139 500
139 500
139 500
Total tax
41 762
37 617
43 645
42 318
After tax
97 738
101 883
95 855
97 182
Living cost
32 428
32 428
32 428
32 428
Free-cash
65 310
69 455
63 427
64 754

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78403
₽62633
₽60586
₽60207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
unemployment
-
-
-
2 093
health
-
-
-
9 765
income
-
-
-
17 054
pensions
-
-
-
13 950
total
-
-
-
42 862
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.

26 323
10 476
116 736
-
income
3 218
1 281
14 271
-
pensions
2 632
1 048
11 674
-
unemployment
395
157
1 751
-
health
1 843
733
8 172
-
total
8 088
3 219
35 868
-
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.

26 323
10 476
116 736
-
pensions
5 133
2 043
22 764
-
total
5 133
2 043
22 764
-
Corporate
108 044
126 981
-
-
income
9 724
11 428
-
-
total
9 724
11 428
-
-
Dividends
98 320
115 553
-
-
social contributions
19 053
22 413
-
-
withholding
18 681
21 955
-
-
total
37 734
44 368
-
-
Income
139 500
139 500
139 500
139 500
Total tax
60 679
61 058
58 632
42 862
After tax
78 821
78 442
80 868
96 638
Living cost
18 235
18 235
18 235
18 235
Free-cash
60 586
60 207
62 633
78 403

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50623
₽56256
₽81242
₽87452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
health
-
-
-
18 134
income
-
-
-
18 694
pensions
-
-
-
27 900
total
-
-
-
64 728
Employee
28 362
-
104 260
-
income
3 193
-
20 102
-
pensions
567
-
2 085
-
unemployment
453
-
1 668
-
total
4 213
-
23 855
-
Employer
28 362
-
104 260
-
pensions
5 673
-
20 851
-
health
3 686
-
13 554
-
unemployment
228
-
835
-
total
9 587
-
35 240
-
Corporate
101 551
139 500
-
-
income
20 310
27 900
-
-
total
20 310
27 900
-
-
Dividends
81 240
111 600
-
-
total
-
-
-
-
Income
139 500
139 500
139 500
139 500
Total tax
34 110
27 900
59 095
64 728
After tax
105 390
111 600
80 405
74 772
Living cost
24 148
24 148
24 148
24 148
Free-cash
81 242
87 452
56 256
50 623

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73578
₽52597
₽7938
-₽10614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
37 070
pensions
-
-
-
4 145
total
-
-
-
44 008
Employee
34 472
-
123 440
-
income
4 729
-
27 196
-
pensions
3 882
-
7 600
-
health
3 947
-
14 134
-
total
12 558
-
48 930
-
Employer
34 472
-
123 440
-
pensions
5 605
-
10 974
-
accident
575
-
2 061
-
unemployment
845
-
3 024
-
total
7 025
-
16 059
-
Corporate
98 003
139 500
-
-
income

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

88 203
125 550
-
-
total
88 203
125 550
-
-
Dividends
9 800
13 950
-
-
withholding
1 862
2 650
-
-
total
1 862
2 650
-
-
Income
139 500
139 500
139 500
139 500
Total tax
109 648
128 200
64 989
44 008
After tax
29 852
11 300
74 511
95 492
Living cost
21 914
21 914
21 914
21 914
Free-cash
7 938
-10 614
52 597
73 578

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129094
₽102589
₽121825
₽123514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
139 500
microenterprise

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

-
-
-
1 395
total
-
-
-
1 395
Employee
11 263
-
139 500
-
income
2 252
-
27 900
-
total
2 252
-
27 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

128 237
139 500
-
-
total
-
-
-
-
Dividends
128 237
139 500
-
-
withholding
6 412
6 975
-
-
total
6 412
6 975
-
-
Income
139 500
139 500
139 500
139 500
Total tax
8 664
6 975
27 900
1 395
After tax
130 836
132 525
111 600
138 105
Living cost
9 011
9 011
9 011
9 011
Free-cash
121 825
123 514
102 589
129 094

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47533
₽53301
₽69101
₽75850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
6 625
health
-
-
-
6 138
income
-
-
-
19 083
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.

-
-
-
33 481
total
-
-
-
65 327
Employee
36 301
-
111 420
-
income
6 250
-
21 007
-
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.

2 540
-
7 800
-
unemployment
362
-
1 114
-
health
508
-
1 560
-
total
9 660
-
31 481
-
Employer
36 301
-
111 420
-
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.

6 172
-
18 942
-
other
1 816
-
5 570
-
accident
290
-
892
-
health
508
-
1 560
-
unemployment
362
-
1 114
-
total
9 148
-
28 078
-
Corporate
94 050
139 500
-
-
income
19 751
29 296
-
-
total
19 751
29 296
-
-
Dividends
74 299
110 204
-
-
withholding
5 200
7 714
-
-
total
5 200
7 714
-
-
Income
139 500
139 500
139 500
139 500
Total tax
43 759
37 010
59 559
65 327
After tax
95 741
102 490
79 941
74 173
Living cost
26 640
26 640
26 640
26 640
Free-cash
69 101
75 850
53 301
47 533

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28070
₽15235
₽23441
₽28112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
income
-
-
-
35 868
pensions
-
-
-
8 296
total
-
-
-
44 164
Employee
95 171
-
122 209
-
income
17 156
-
27 312
-
pensions
9 181
-
10 480
-
health
1 568
-
1 919
-
total
27 905
-
39 711
-
Employer
95 171
-
122 209
-
pensions
11 237
-
14 967
-
health
1 807
-
2 321
-
total
13 044
-
17 288
-
Corporate
31 284
139 500
-
-
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.

5 943
26 505
-
-
total
5 943
26 505
-
-
Dividends
25 341
112 995
-
-
withholding
1 901
17 617
-
-
total
1 901
17 617
-
-
Income
139 500
139 500
139 500
139 500
Total tax
48 793
44 122
56 999
44 164
After tax
90 707
95 378
82 501
95 336
Living cost
67 266
67 266
67 266
67 266
Free-cash
23 441
28 112
15 235
28 070

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96137
₽101213
₽101517
₽106161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
20 925
pensions

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

-
-
-
5 170
total
-
-
-
30 252
Employee
17 361
-
132 647
-
income
1 736
-
13 265
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
18 323
-
Employer
17 361
-
132 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
118 732
139 500
-
-
income
11 873
13 950
-
-
total
11 873
13 950
-
-
Dividends
106 859
125 550
-
-
withholding
5 343
6 278
-
-
total
5 343
6 278
-
-
Income
139 500
139 500
139 500
139 500
Total tax
24 872
20 228
25 176
30 252
After tax
114 628
119 272
114 324
109 248
Living cost
13 111
13 111
13 111
13 111
Free-cash
101 517
106 161
101 213
96 137

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24123
₽27462
₽15595
₽13079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
health
-
-
-
12 329
income
-
-
-
35 894
pensions
-
-
-
11 714
total
-
-
-
59 937
Employee
92 693
85 378
120 920
-
income

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

13 975
13 975
13 975
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
38 018
-
Employer
92 693
85 378
120 920
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
30 578
39 172
-
-
income
6 115
7 834
-
-
total
6 115
7 834
-
-
Dividends
24 463
31 338
-
-
withholding
3 669
4 701
-
-
income
5 199
6 659
-
-
total
8 868
11 360
-
-
Income
139 500
139 500
139 500
139 500
Total tax
68 465
70 981
56 598
59 937
After tax
71 035
68 519
82 902
79 563
Living cost
55 440
55 440
55 440
55 440
Free-cash
15 595
13 079
27 462
24 123

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49184
₽46778
₽63467
₽72033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
34 554
health
-
-
-
18 832
income
-
-
-
12 917
solidarity contribution
-
-
-
-
total
-
-
-
66 303
Employee
35 313
-
104 104
-
income
4 238
-
12 493
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
6 767
-
health
4 767
-
14 054
-
total
11 300
-
33 314
-
Employer
35 313
-
104 104
-
health
3 178
-
9 369
-
social contributions
8 828
-
26 026
-
total
12 006
-
35 395
-
Corporate
92 180
139 500
-
-
income
17 514
26 505
-
-
total
17 514
26 505
-
-
Dividends
74 666
112 995
-
-
withholding
11 200
16 949
-
-
total
11 200
16 949
-
-
Income
139 500
139 500
139 500
139 500
Total tax
52 020
43 454
68 709
66 303
After tax
87 480
96 046
70 791
73 197
Living cost
24 013
24 013
24 013
24 013
Free-cash
63 467
72 033
46 778
49 184

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽26602
₽19963
₽27023
₽32243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
35 879
municipal
-
-
-
829
national
-
-
-
32 394
regional
-
-
-
1 609
total
-
-
-
70 711
Employee
88 855
-
139 500
-
national
15 396
-
28 154
-
social contributions
29 962
-
47 039
-
municipal
471
-
740
-
regional
838
-
1 417
-
total
46 667
-
77 350
-
Employer
88 855
-
139 500
-
total
-
-
-
-
Corporate
50 645
139 500
-
-
nationa
12 154
33 479
-
-
municipal
1 975
5 441
-
-
total
14 129
38 920
-
-
Dividends
36 516
100 579
-
-
withholding
9 494
26 150
-
-
total
9 494
26 150
-
-
Income
139 500
139 500
139 500
139 500
Total tax
70 290
65 070
77 350
70 711
After tax
69 210
74 430
62 150
68 789
Living cost
42 187
42 187
42 187
42 187
Free-cash
27 023
32 243
19 963
26 602

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and 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 Milan model

Close
Thessaloniki , Greece
₽44133
₽41036
₽62573
₽65684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
32 360
surtax
-
-
-
4 557
pensions
-
-
-
26 687
total
-
-
-
73 305
Employee
33 062
-
115 241
-
income
5 542
-
29 429
-
pensions
2 205
-
7 686
-
unemployment
2 301
-
8 022
-
health
844
-
2 939
-
other
-
-
-
-
surtax
108
-
4 068
-
total
11 000
-
52 144
-
Employer
33 062
-
115 241
-
pensions
4 407
-
15 362
-
other
-
-
-
-
health
1 505
-
5 244
-
unemployment
1 047
-
3 652
-
total
6 959
-
24 258
-
Corporate
99 478
139 500
-
-
income
25 864
36 270
-
-
total
25 864
36 270
-
-
Dividends
73 615
103 230
-
-
withholding
11 042
15 484
-
-
total
11 042
15 484
-
-
Income
139 500
139 500
139 500
139 500
Total tax
54 865
51 754
76 402
73 305
After tax
84 635
87 746
63 098
66 195
Living cost
22 062
22 062
22 062
22 062
Free-cash
62 573
65 684
41 036
44 133

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
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.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49382
₽36547
₽50651
₽49424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
income
-
-
-
35 868
pensions
-
-
-
8 296
total
-
-
-
44 164
Employee
63 781
-
122 209
-
income
11 487
-
27 312
-
pensions
5 414
-
10 480
-
health
926
-
1 919
-
total
17 827
-
39 711
-
Employer
63 781
-
122 209
-
pensions
6 904
-
14 967
-
health
1 212
-
2 321
-
total
8 116
-
17 288
-
Corporate
67 603
139 500
-
-
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.

12 845
26 505
-
-
total
12 845
26 505
-
-
Dividends
54 758
112 995
-
-
withholding
4 107
17 617
-
-
total
4 107
17 617
-
-
Income
139 500
139 500
139 500
139 500
Total tax
42 895
44 122
56 999
44 164
After tax
96 605
95 378
82 501
95 336
Living cost
45 954
45 954
45 954
45 954
Free-cash
50 651
49 424
36 547
49 382

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38847
₽32070
₽20551
-₽11783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other

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

-
-
-
2 789
health
-
-
-
314
city
-
-
-
1 471
national
-
-
-
1 617
regional
-
-
-
6 054
pensions
-
-
-
12 834
total
-
-
-
25 079
Employee
88 441
-
124 859
-
pensions
7 430
-
10 487
-
national
419
-
1 295
-
unemployment
-
-
-
-
city
949
-
1 341
-
health
200
-
281
-
regional
2 896
-
5 186
-
total
11 894
-
18 590
-
Employer
88 441
-
124 859
-
pensions
7 430
-
10 487
-
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.

1 768
-
2 498
-
health
200
-
281
-
unemployment
-
-
-
-
total
9 398
-
13 266
-
Corporate
40 688
139 500
-
-
regional
8 606
29 503
-
-
national
3 459
11 858
-
-
total
12 065
41 361
-
-
Dividends
28 623
98 139
-
-
withholding
10 018
34 348
-
-
total
10 018
34 348
-
-
Income
139 500
139 500
139 500
139 500
Total tax
43 375
75 709
31 856
25 079
After tax
96 125
63 791
107 644
114 421
Living cost
75 574
75 574
75 574
75 574
Free-cash
20 551
-11 783
32 070
38 847

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29708
₽45660
₽39394
₽23182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
trade
-
-
-
15 952
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.

-
-
-
6 830
income

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

-
-
-
39 061
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.

-
-
-
2 148
total
-
-
-
63 991
Employee

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

60 085
-
139 500
-
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.

389
-
2 148
-
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.

7 065
-
39 061
-
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.

6 830
-
6 830
-
total
14 284
-
48 039
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 415
139 500
-
-
trade
13 619
23 925
-
-
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.

655
1 152
-
-
income
11 913
20 925
-
-
chamber of commerce
264
347
-
-
total
26 451
46 349
-
-
Dividends
52 965
93 151
-
-
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.

708
1 260
-
-
withholding
12 862
22 908
-
-
total
13 570
24 168
-
-
Income
139 500
139 500
139 500
139 500
Total tax
54 305
70 517
48 039
63 991
After tax
85 195
68 983
91 461
75 509
Living cost
45 801
45 801
45 801
45 801
Free-cash
39 394
23 182
45 660
29 708

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
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.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44999
₽46558
₽42009
₽36104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
4 324
social contributions
-
-
-
3 975
health
-
-
-
4 756
income
-
-
-
18 875
surtax
-
-
-
-
pensions
-
-
-
28 365
total
-
-
-
60 295
Employee
42 789
-
110 138
-
income
2 525
-
19 483
-
pensions
4 838
-
6 754
-
social contributions
1 220
-
3 138
-
surtax
-
-
-
-
total
8 583
-
29 375
-
Employer
42 789
-
110 138
-
pensions
7 029
-
11 536
-
other
1 476
-
3 911
-
health
2 996
-
9 123
-
unemployment
1 732
-
4 461
-
social contributions
129
-
330
-
total
13 362
-
29 361
-
Corporate
83 348
139 500
-
-
surtax
-
-
-
-
income
23 337
39 059
-
-
total
23 337
39 059
-
-
Dividends
60 012
100 441
-
-
surtax
-
-
-
-
social contributions
10 321
17 275
-
-
withholding
7 682
12 856
-
-
total
18 003
30 131
-
-
Income
139 500
139 500
139 500
139 500
Total tax
63 285
69 190
58 736
60 295
After tax
76 215
70 310
80 764
79 205
Living cost
34 206
34 206
34 206
34 206
Free-cash
42 009
36 104
46 558
44 999

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48388
₽49947
₽45047
₽39493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
4 324
social contributions
-
-
-
3 975
health
-
-
-
4 756
income
-
-
-
18 875
surtax
-
-
-
-
pensions
-
-
-
28 365
total
-
-
-
60 295
Employee
38 195
-
110 138
-
income
1 969
-
19 483
-
pensions
4 320
-
6 754
-
social contributions
1 089
-
3 138
-
surtax
-
-
-
-
total
7 378
-
29 375
-
Employer
38 195
-
110 138
-
pensions
6 276
-
11 536
-
other
1 319
-
3 911
-
health
2 673
-
9 123
-
unemployment
1 546
-
4 461
-
social contributions
114
-
330
-
total
11 928
-
29 361
-
Corporate
89 376
139 500
-
-
surtax
-
-
-
-
income
25 025
39 059
-
-
total
25 025
39 059
-
-
Dividends
64 351
100 441
-
-
surtax
-
-
-
-
social contributions
11 069
17 275
-
-
withholding
8 236
12 856
-
-
total
19 305
30 131
-
-
Income
139 500
139 500
139 500
139 500
Total tax
63 636
69 190
58 736
60 295
After tax
75 864
70 310
80 764
79 205
Living cost
30 817
30 817
30 817
30 817
Free-cash
45 047
39 493
49 947
48 388

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68386
₽66585
₽64427
₽63907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
19 252
health
-
-
-
9 737
income
-
-
-
20 925
total
-
-
-
49 914
Employee
33 899
-
139 500
-
income
5 654
-
22 726
-
social contributions
4 679
-
19 252
-
health
2 366
-
9 737
-
total
12 699
-
51 715
-
Employer
33 899
-
139 500
-
total
-
-
-
-
Corporate
105 601
139 500
-
-
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%.

5 280
6 974
-
-
total
5 280
6 974
-
-
Dividends
100 321
132 526
-
-
social contributions
13 844
18 288
-
-
health
7 003
9 251
-
-
withholding
15 047
19 880
-
-
total
35 894
47 419
-
-
Income
139 500
139 500
139 500
139 500
Total tax
53 873
54 393
51 715
49 914
After tax
85 627
85 107
87 785
89 586
Living cost
21 200
21 200
21 200
21 200
Free-cash
64 427
63 907
66 585
68 386

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35609
₽2009
₽40760
₽42309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
chamber of commerce
-
-
-
558
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
31 233
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
68 662
Employee
49 965
39 843
108 172
-
income
5 688
2 939
25 253
-
pensions
5 117
4 079
11 076
-
unemployment
1 499
1 195
3 244
-
health
1 933
1 542
4 185
-
other
499
398
1 081
-
total
14 736
10 153
44 839
-
Employer
49 965
39 843
108 172
-
pensions
6 271
5 001
13 575
-
other
2 373
1 892
5 140
-
accident
649
518
1 406
-
health
1 888
1 506
4 089
-
payroll
1 499
1 195
3 244
-
chamber of commerce
199
159
433
-
unemployment
1 499
1 195
3 244
-
surtax
197
197
197
-
total
14 575
11 663
31 328
-
Corporate
74 960
87 993
104 378
-
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.

18 739
21 999
26 095
-
total
18 739
21 999
26 095
-
Dividends
56 221
65 994
-
-
withholding
15 461
18 147
-
-
total
15 461
18 147
-
-
Income
139 500
139 500
139 500
139 500
Total tax
63 511
61 962
102 262
68 662
After tax
75 989
77 538
37 238
70 838
Living cost
35 229
35 229
35 229
35 229
Free-cash
40 760
42 309
2 009
35 609

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25101
₽14704
₽26645
₽41640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
21 948
communal

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

-
-
-
7 052
national
-
-
-
48 946
total
-
-
-
77 946
Employee

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

71 515
-
108 049
-
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.

5 364
-
8 103
-
national
21 987
-
37 134
-
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.

622
-
939
-
communal

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

3 730
-
5 635
-
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.

3 360
-
5 079
-
total
35 063
-
56 890
-
Employer

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

71 515
-
108 049
-
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.

6 337
-
9 574
-
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.

930
-
1 404
-
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.

4 398
-
6 644
-
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.

1 044
-
1 577
-
surtax
8 109
-
12 253
-
total
20 818
-
31 452
-
Corporate
47 168
139 500
-
-
surtax
188
558
-
-
income
9 433
27 900
-
-
total
9 621
28 458
-
-
Dividends
37 547
111 043
-
-
withholding

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

10 900
32 948
-
-
total
10 900
32 948
-
-
Income
139 500
139 500
139 500
139 500
Total tax
76 402
61 406
88 342
77 946
After tax
63 098
78 094
51 158
61 554
Living cost
36 454
36 454
36 454
36 454
Free-cash
26 645
41 640
14 704
25 101

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42420
₽37614
₽49831
₽57322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
33 173
pensions
-
-
-
26 224
total
-
-
-
60 974
Employee
49 767
-
109 957
-
income
10 501
-
30 352
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
36 237
-
Employer
49 767
-
109 957
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
73 870
139 500
-
-
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.

11 080
20 925
-
-
total
11 080
20 925
-
-
Dividends
62 790
118 575
-
-
withholding
12 958
25 147
-
-
total
12 958
25 147
-
-
Income
139 500
139 500
139 500
139 500
Total tax
53 563
46 072
65 780
60 974
After tax
85 937
93 428
73 720
78 526
Living cost
36 106
36 106
36 106
36 106
Free-cash
49 831
57 322
37 614
42 420

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18737
₽24301
₽18405
₽29163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
accident
-
-
-
1 176
health
-
-
-
9 799
income
-
-
-
18 813
communal
-
-
-
8 817
surtax
-
-
-
6 916
pensions
-
-
-
20 910
total
-
-
-
66 431
Employee
75 713
-
124 610
-
income
7 313
-
22 829
-
pensions
6 056
-
9 968
-
health
3 370
-
5 544
-
surtax
4 641
-
7 637
-
total
21 380
-
45 978
-
Employer
75 713
-
124 610
-
pensions
6 056
-
9 968
-
accident
681
-
1 121
-
health
2 309
-
3 800
-
total
9 046
-
14 889
-
Corporate
54 741
139 500
-
-
communal
3 696
9 416
-
-
surtax
575
1 465
-
-
income
8 211
20 925
-
-
total
12 482
31 806
-
-
Dividends
42 259
107 694
-
-
withholding
6 339
16 153
-
-
income
17 516
8 046
-
-
total
23 855
24 199
-
-
Income
139 500
139 500
139 500
139 500
Total tax
66 763
56 005
60 867
66 431
After tax
72 737
83 495
78 633
73 069
Living cost
54 332
54 332
54 332
54 332
Free-cash
18 405
29 163
24 301
18 737

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43739
₽40642
₽62111
₽65290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
32 360
surtax
-
-
-
4 557
pensions
-
-
-
26 687
total
-
-
-
73 305
Employee
33 669
-
115 241
-
income
5 644
-
29 429
-
pensions
2 246
-
7 686
-
unemployment
2 343
-
8 022
-
health
859
-
2 939
-
other
-
-
-
-
surtax
120
-
4 068
-
total
11 212
-
52 144
-
Employer
33 669
-
115 241
-
pensions
4 489
-
15 362
-
other
-
-
-
-
health
1 531
-
5 244
-
unemployment
1 068
-
3 652
-
total
7 088
-
24 258
-
Corporate
98 743
139 500
-
-
income
25 672
36 270
-
-
total
25 672
36 270
-
-
Dividends
73 070
103 230
-
-
withholding
10 961
15 484
-
-
total
10 961
15 484
-
-
Income
139 500
139 500
139 500
139 500
Total tax
54 933
51 754
76 402
73 305
After tax
84 567
87 746
63 098
66 195
Living cost
22 456
22 456
22 456
22 456
Free-cash
62 111
65 290
40 642
43 739

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41363
₽34758
₽44174
₽46393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
35 879
municipal
-
-
-
829
national
-
-
-
32 394
regional
-
-
-
2 103
total
-
-
-
71 205
Employee
55 460
-
139 500
-
national
8 786
-
28 154
-
social contributions
18 701
-
47 039
-
municipal
294
-
740
-
regional
747
-
1 877
-
total
28 528
-
77 810
-
Employer
55 460
-
139 500
-
total
-
-
-
-
Corporate
84 040
139 500
-
-
nationa
20 170
33 479
-
-
municipal
4 176
6 933
-
-
total
24 346
40 412
-
-
Dividends
59 695
99 088
-
-
withholding
15 520
25 763
-
-
total
15 520
25 763
-
-
Income
139 500
139 500
139 500
139 500
Total tax
68 394
66 175
77 810
71 205
After tax
71 106
73 325
61 690
68 295
Living cost
26 932
26 932
26 932
26 932
Free-cash
44 174
46 393
34 758
41 363

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43607
₽41201
₽55900
₽66456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
34 554
health
-
-
-
18 832
income
-
-
-
12 917
solidarity contribution
-
-
-
-
total
-
-
-
66 303
Employee
43 515
-
104 104
-
income
5 222
-
12 493
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
6 767
-
health
5 875
-
14 054
-
total
13 925
-
33 314
-
Employer
43 515
-
104 104
-
health
3 916
-
9 369
-
social contributions
10 879
-
26 026
-
total
14 795
-
35 395
-
Corporate
81 190
139 500
-
-
income
15 426
26 505
-
-
total
15 426
26 505
-
-
Dividends
65 764
112 995
-
-
withholding
9 864
16 949
-
-
total
9 864
16 949
-
-
Income
139 500
139 500
139 500
139 500
Total tax
54 010
43 454
68 709
66 303
After tax
85 490
96 046
70 791
73 197
Living cost
29 590
29 590
29 590
29 590
Free-cash
55 900
66 456
41 201
43 607

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39138
₽5373
₽45248
₽45747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
chamber of commerce
-
-
-
558
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
31 233
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
68 465
Employee
43 704
39 843
108 326
-
income
3 893
2 939
25 304
-
pensions
4 476
4 079
11 093
-
unemployment
1 311
1 195
3 250
-
health
1 690
1 542
4 193
-
other
436
398
1 083
-
total
11 806
10 153
44 923
-
Employer
43 704
39 843
108 326
-
pensions
5 485
5 001
13 594
-
other
2 076
1 892
5 145
-
accident
567
518
1 408
-
health
1 653
1 506
4 094
-
payroll
1 311
1 195
3 250
-
chamber of commerce
175
159
433
-
unemployment
1 311
1 195
3 250
-
surtax
-
-
-
-
total
12 578
11 466
31 174
-
Corporate
83 219
88 190
104 531
-
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.

20 806
22 048
26 133
-
total
20 806
22 048
26 133
-
Dividends
62 414
66 142
-
-
withholding
17 165
18 189
-
-
total
17 165
18 189
-
-
Income
139 500
139 500
139 500
139 500
Total tax
62 355
61 856
102 230
68 465
After tax
77 145
77 644
37 270
71 035
Living cost
31 897
31 897
31 897
31 897
Free-cash
45 248
45 747
5 373
39 138

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124063
₽97558
₽115850
₽118483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
139 500
microenterprise

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

-
-
-
1 395
total
-
-
-
1 395
Employee
17 552
-
139 500
-
income
3 511
-
27 900
-
total
3 511
-
27 900
-
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%.

121 948
139 500
-
-
total
-
-
-
-
Dividends
121 948
139 500
-
-
withholding
6 097
6 975
-
-
total
6 097
6 975
-
-
Income
139 500
139 500
139 500
139 500
Total tax
9 608
6 975
27 900
1 395
After tax
129 892
132 525
111 600
138 105
Living cost
14 042
14 042
14 042
14 042
Free-cash
115 850
118 483
97 558
124 063

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43172
₽39478
₽60866
₽69230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
unemployment
-
-
-
209
health
-
-
-
13 727
income
-
-
-
30 098
pensions
-
-
-
25 477
total
-
-
-
69 511
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.

44 211
-
120 706
-
income
7 624
-
27 736
-
pensions
6 853
-
18 709
-
unemployment
63
-
169
-
health
2 855
-
7 798
-
total
17 395
-
54 412
-
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.

44 211
-
120 706
-
pensions
3 912
-
10 682
-
health
2 945
-
8 039
-
unemployment
27
-
72
-
total
6 884
-
18 793
-
Corporate
88 406
139 500
-
-
income
16 797
26 505
-
-
total
16 797
26 505
-
-
Dividends
71 609
112 995
-
-
withholding
10 741
16 948
-
-
total
10 741
16 948
-
-
Income
139 500
139 500
139 500
139 500
Total tax
51 817
43 453
73 205
69 511
After tax
87 683
96 047
66 295
69 989
Living cost
26 816
26 816
26 816
26 816
Free-cash
60 866
69 230
39 478
43 172

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53357
₽83326
-₽9262
₽41823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
15 903
income
-
-
-
27 191
total
-
-
-
43 094
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
-
139 500
-
-
income
-
30 690
-
-
total
-
30 690
-
-
Dividends
-
108 810
-
-
income
-
23 938
-
-
total
-
23 938
-
-
Income
139 500
139 500
139 500
139 500
Total tax
105 713
54 628
13 125
43 094
After tax
33 787
84 872
126 375
96 406
Living cost
43 049
43 049
43 049
43 049
Free-cash
-9 262
41 823
83 326
53 357

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44596
₽35121
₽46981
₽47987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
social contributions

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

-
-
-
48 476
income
-
-
-
15 068
surtax
-
-
-
-
total
-
-
-
63 544
Employee
45 982
-
112 727
-
income
9 564
-
33 845
-
social contributions
5 058
-
12 401
-
surtax
-
-
-
-
total
14 622
-
46 246
-
Employer
45 982
-
112 727
-
social contributions
10 921
-
26 773
-
total
10 921
-
26 773
-
Corporate
82 597
139 500
-
-
surtax
-
-
-
-
income
17 345
29 296
-
-
total
17 345
29 296
-
-
Dividends
65 252
110 204
-
-
withholding
18 271
30 857
-
-
total
18 271
30 857
-
-
Income
139 500
139 500
139 500
139 500
Total tax
61 159
60 153
73 019
63 544
After tax
78 341
79 347
66 481
75 956
Living cost
31 360
31 360
31 360
31 360
Free-cash
46 981
47 987
35 121
44 596

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30917
₽32476
₽28889
₽22022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
4 324
social contributions
-
-
-
3 975
health
-
-
-
4 756
income
-
-
-
18 875
surtax
-
-
-
-
pensions
-
-
-
28 365
total
-
-
-
60 295
Employee
62 618
-
110 138
-
income
5 464
-
19 483
-
pensions
7 083
-
6 754
-
social contributions
1 783
-
3 138
-
surtax
-
-
-
-
total
14 330
-
29 375
-
Employer
62 618
-
110 138
-
pensions
10 289
-
11 536
-
other
2 161
-
3 911
-
health
4 383
-
9 123
-
unemployment
2 537
-
4 461
-
social contributions
188
-
330
-
total
19 558
-
29 361
-
Corporate
57 324
139 500
-
-
surtax
-
-
-
-
income
16 051
39 059
-
-
total
16 051
39 059
-
-
Dividends
41 273
100 441
-
-
surtax
-
-
-
-
social contributions
7 100
17 275
-
-
withholding
5 284
12 856
-
-
total
12 384
30 131
-
-
Income
139 500
139 500
139 500
139 500
Total tax
62 323
69 190
58 736
60 295
After tax
77 177
70 310
80 764
79 205
Living cost
48 288
48 288
48 288
48 288
Free-cash
28 889
22 022
32 476
30 917

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73947
₽77655
₽92138
₽95496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
30 690
income
-
-
-
4 810
total
-
-
-
35 500
Employee
32 142
-
120 780
-
social contributions
2 089
-
7 851
-
income
-
-
5 221
-
total
2 089
-
13 072
-
Employer
32 142
-
120 780
-
social contributions
4 982
-
18 720
-
total
4 982
-
18 720
-
Corporate
102 376
139 500
-
-
income
10 238
13 951
-
-
total
10 238
13 951
-
-
Dividends
92 138
125 549
-
-
total
-
-
-
-
Income
139 500
139 500
139 500
139 500
Total tax
17 309
13 951
31 792
35 500
After tax
122 191
125 549
107 708
104 000
Living cost
30 053
30 053
30 053
30 053
Free-cash
92 138
95 496
77 655
73 947

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
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.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36222
-₽78425
-₽78425
-₽78425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
municipal
-
-
-
27 969
national
-
-
-
15 180
labour market
-
-
-
11 091
pensions
-
-
-
867
total
-
-
-
55 107
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
139 500
139 500
139 500
139 500
Total tax
169 754
169 754
169 754
55 107
After tax
-30 254
-30 254
-30 254
84 393
Living cost
48 171
48 171
48 171
48 171
Free-cash
-78 425
-78 425
-78 425
36 222

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73901
₽52920
₽7989
-₽10291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
37 070
pensions
-
-
-
4 145
total
-
-
-
44 008
Employee
33 964
-
123 440
-
income
4 659
-
27 196
-
pensions
3 825
-
7 600
-
health
3 889
-
14 134
-
total
12 373
-
48 930
-
Employer
33 964
-
123 440
-
pensions
5 522
-
10 974
-
accident
567
-
2 061
-
unemployment
832
-
3 024
-
total
6 921
-
16 059
-
Corporate
98 614
139 500
-
-
income

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

88 753
125 550
-
-
total
88 753
125 550
-
-
Dividends
9 861
13 950
-
-
withholding
1 873
2 650
-
-
total
1 873
2 650
-
-
Income
139 500
139 500
139 500
139 500
Total tax
109 920
128 200
64 989
44 008
After tax
29 580
11 300
74 511
95 492
Living cost
21 591
21 591
21 591
21 591
Free-cash
7 989
-10 291
52 920
73 901

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56250
₽37122
₽52497
₽51303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
139 500
municipal
-
-
-
24 799
health
-
-
-
1 730
national
-
-
-
18 337
total
-
-
-
44 866
Employee
52 601
-
117 355
-
pensions
3 550
-
7 921
-
national
869
-
11 645
-
municipal
8 616
-
19 130
-
unemployment
789
-
1 761
-
health
393
-
1 391
-
total
14 217
-
41 848
-
Employer
52 601
-
117 355
-
pensions
9 126
-
20 362
-
accident
53
-
118
-
health
404
-
903
-
unemployment
342
-
763
-
total
9 925
-
22 146
-
Corporate
76 975
139 500
-
-
income
15 395
27 900
-
-
total
15 395
27 900
-
-
Dividends

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

46 185
83 700
-
-
municipal
8 314
15 066
-
-
national
768
6 847
-
-
total
9 082
21 913
-
-
Income
139 500
139 500
139 500
139 500
Total tax
48 619
49 813
63 994
44 866
After tax
90 881
89 687
75 506
94 634
Living cost
38 384
38 384
38 384
38 384
Free-cash
52 497
51 303
37 122
56 250

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74034
₽72707
₽73296
₽78735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
16 176
health
-
-
-
3 557
income
-
-
-
22 585
total
-
-
-
42 318
Employee
76 879
76 879
128 517
-
income
8 371
7 117
21 870
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
2 186
-
total
11 874
14 805
32 662
-
Employer
76 879
76 879
128 517
-
health
647
1 423
2 377
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
10 983
-
Corporate
100 925
54 818
-
-
income
12 615
6 853
-
-
total
12 615
6 853
-
-
Dividends
88 310
47 965
-
-
withholding
15 013
8 155
-
-
total
15 013
8 155
-
-
Income
139 500
139 500
139 500
139 500
Total tax
43 056
37 617
43 645
42 318
After tax
96 444
101 883
95 855
97 182
Living cost
23 148
23 148
23 148
23 148
Free-cash
73 296
78 735
72 707
74 034

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99730
₽79676
₽94558
₽99647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
139 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
13 890
pensions
-
-
-
6 360
total
-
-
-
23 896
Employee

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

22 948
-
129 729
-
income
1 569
-
11 412
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
34 179
-
Employer

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

22 948
-
129 729
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
114 189
139 500
-
-
income
10 278
12 554
-
-
total
10 278
12 554
-
-
Dividends
103 912
126 946
-
-
withholding
9 352
11 425
-
-
total
9 352
11 425
-
-
Income
139 500
139 500
139 500
139 500
Total tax
29 068
23 979
43 950
23 896
After tax
110 432
115 521
95 550
115 604
Living cost
15 874
15 874
15 874
15 874
Free-cash
94 558
99 647
79 676
99 730

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51033
₽46227
₽61165
₽65935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
33 173
pensions
-
-
-
26 224
total
-
-
-
60 974
Employee
36 968
-
109 957
-
income
7 127
-
30 352
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
36 237
-
Employer
36 968
-
109 957
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
90 746
139 500
-
-
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.

13 611
20 925
-
-
total
13 611
20 925
-
-
Dividends
77 135
118 575
-
-
withholding
15 971
25 147
-
-
total
15 971
25 147
-
-
Income
139 500
139 500
139 500
139 500
Total tax
50 842
46 072
65 780
60 974
After tax
88 658
93 428
73 720
78 526
Living cost
27 493
27 493
27 493
27 493
Free-cash
61 165
65 935
46 227
51 033

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86329
₽86133
₽83860
₽84310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
health
-
-
-
1 448
income
-
-
-
46 988
pensions
-
-
-
1 997
total
-
-
-
50 433
Employee
4 171
-
137 253
-
income
807
-
46 883
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
48 381
-
Employer
4 171
-
137 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
134 391
139 500
-
-
income
29 566
30 690
-
-
total
29 566
30 690
-
-
Dividends
104 825
108 810
-
-
withholding
20 965
21 762
-
-
total
20 965
21 762
-
-
Income
139 500
139 500
139 500
139 500
Total tax
52 902
52 452
50 629
50 433
After tax
86 598
87 048
88 871
89 067
Living cost
2 738
2 738
2 738
2 738
Free-cash
83 860
84 310
86 133
86 329

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63575
₽63575
₽78576
₽83496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
30 698
pensions
-
-
-
19 214
total
-
-
-
58 632
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.

26 076
-
126 272
-
income
3 594
-
30 698
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
45 404
-
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.

26 076
-
126 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
108 756
139 500
-
-
income
16 313
20 925
-
-
total
16 313
20 925
-
-
Dividends
92 443
118 575
-
-
withholding
13 866
17 786
-
-
total
13 866
17 786
-
-
Income
139 500
139 500
139 500
139 500
Total tax
43 631
38 711
58 632
58 632
After tax
95 869
100 789
80 868
80 868
Living cost
17 293
17 293
17 293
17 293
Free-cash
78 576
83 496
63 575
63 575

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49003
₽39527
₽52033
₽52394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
social contributions

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

-
-
-
48 476
income
-
-
-
15 068
surtax
-
-
-
-
total
-
-
-
63 544
Employee
38 804
-
112 727
-
income
7 582
-
33 845
-
social contributions
4 269
-
12 401
-
surtax
-
-
-
-
total
11 851
-
46 246
-
Employer
38 804
-
112 727
-
social contributions
9 215
-
26 773
-
total
9 215
-
26 773
-
Corporate
91 481
139 500
-
-
surtax
-
-
-
-
income
19 212
29 296
-
-
total
19 212
29 296
-
-
Dividends
72 269
110 204
-
-
withholding
20 235
30 857
-
-
total
20 235
30 857
-
-
Income
139 500
139 500
139 500
139 500
Total tax
60 513
60 153
73 019
63 544
After tax
78 987
79 347
66 481
75 956
Living cost
26 954
26 954
26 954
26 954
Free-cash
52 033
52 394
39 527
49 003

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43389
₽38583
₽51142
₽58291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
33 173
pensions
-
-
-
26 224
total
-
-
-
60 974
Employee
48 285
-
109 957
-
income
10 085
-
30 352
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
36 237
-
Employer
48 285
-
109 957
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
75 820
139 500
-
-
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.

11 372
20 925
-
-
total
11 372
20 925
-
-
Dividends
64 448
118 575
-
-
withholding
13 306
25 147
-
-
total
13 306
25 147
-
-
Income
139 500
139 500
139 500
139 500
Total tax
53 221
46 072
65 780
60 974
After tax
86 279
93 428
73 720
78 526
Living cost
35 137
35 137
35 137
35 137
Free-cash
51 142
58 291
38 583
43 389

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92045
₽97121
₽95976
₽102069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
20 925
pensions

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

-
-
-
5 170
total
-
-
-
30 252
Employee
22 779
-
132 647
-
income
2 278
-
13 265
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
18 323
-
Employer
22 779
-
132 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
112 252
139 500
-
-
income
11 225
13 950
-
-
total
11 225
13 950
-
-
Dividends
101 027
125 550
-
-
withholding
5 051
6 278
-
-
total
5 051
6 278
-
-
Income
139 500
139 500
139 500
139 500
Total tax
26 321
20 228
25 176
30 252
After tax
113 179
119 272
114 324
109 248
Living cost
17 203
17 203
17 203
17 203
Free-cash
95 976
102 069
97 121
92 045

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
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.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39515
₽52862
₽46334
₽33253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
trade
-
-
-
13 347
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.

-
-
-
6 830
income

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

-
-
-
39 061
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.

-
-
-
2 148
total
-
-
-
61 386
Employee

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

49 746
-
139 500
-
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.

226
-
2 148
-
income

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

4 091
-
39 061
-
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.

6 830
-
6 830
-
total
11 147
-
48 039
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 754
139 500
-
-
trade
12 881
20 018
-
-
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.

740
1 152
-
-
income
13 463
20 925
-
-
chamber of commerce
283
357
-
-
total
27 367
42 452
-
-
Dividends
62 388
97 048
-
-
surtax

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

837
1 313
-
-
withholding
15 216
23 883
-
-
total
16 053
25 196
-
-
Income
139 500
139 500
139 500
139 500
Total tax
54 567
67 648
48 039
61 386
After tax
84 933
71 852
91 461
78 114
Living cost
38 599
38 599
38 599
38 599
Free-cash
46 334
33 253
52 862
39 515

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20846
₽20846
₽42906
₽40698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
22 426
income
-
-
-
39 276
total
-
-
-
61 702
Employee
78 205
-
139 500
-
social contributions
6 497
-
22 426
-
income
14 757
-
39 276
-
total
21 254
-
61 702
-
Employer
78 205
-
139 500
-
total
-
-
-
-
Corporate
61 295
139 500
-
-
income
7 661
17 438
-
-
total
7 661
17 438
-
-
Dividends
53 633
122 062
-
-
withholding
10 727
24 412
-
-
total
10 727
24 412
-
-
Income
139 500
139 500
139 500
139 500
Total tax
39 642
41 850
61 702
61 702
After tax
99 858
97 650
77 798
77 798
Living cost
56 952
56 952
56 952
56 952
Free-cash
42 906
40 698
20 846
20 846

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68072
₽65130
₽52594
₽49101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
health

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

-
-
-
6 677
income
-
-
-
28 459
total
-
-
-
35 136
Employee
45 864
-
134 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
28 880
-
total
9 572
-
33 479
-
Employer
45 864
-
134 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
89 041
139 500
-
-
income
31 165
48 825
-
-
total
31 165
48 825
-
-
Dividends
57 876
90 675
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
139 500
139 500
139 500
139 500
Total tax
50 614
54 107
38 078
35 136
After tax
88 886
85 393
101 422
104 364
Living cost
36 292
36 292
36 292
36 292
Free-cash
52 594
49 101
65 130
68 072

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57977
₽45142
₽61485
₽58019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
income
-
-
-
35 868
pensions
-
-
-
8 296
total
-
-
-
44 164
Employee
51 281
-
122 209
-
income
9 339
-
27 312
-
pensions
3 914
-
10 480
-
health
669
-
1 919
-
total
13 922
-
39 711
-
Employer
51 281
-
122 209
-
pensions
5 181
-
14 967
-
health
975
-
2 321
-
total
6 156
-
17 288
-
Corporate
82 063
139 500
-
-
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.

15 592
26 505
-
-
total
15 592
26 505
-
-
Dividends
66 472
112 995
-
-
withholding
4 986
17 617
-
-
total
4 986
17 617
-
-
Income
139 500
139 500
139 500
139 500
Total tax
40 656
44 122
56 999
44 164
After tax
98 844
95 378
82 501
95 336
Living cost
37 359
37 359
37 359
37 359
Free-cash
61 485
58 019
45 142
57 977

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

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Warsaw , Poland
₽71764
₽50783
₽7660
-₽12428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
37 070
pensions
-
-
-
4 145
total
-
-
-
44 008
Employee
37 326
-
123 440
-
income
5 121
-
27 196
-
pensions
4 203
-
7 600
-
health
4 274
-
14 134
-
total
13 598
-
48 930
-
Employer
37 326
-
123 440
-
pensions
6 069
-
10 974
-
accident
623
-
2 061
-
unemployment
914
-
3 024
-
total
7 606
-
16 059
-
Corporate
94 568
139 500
-
-
income

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

85 111
125 550
-
-
total
85 111
125 550
-
-
Dividends
9 457
13 950
-
-
withholding
1 797
2 650
-
-
total
1 797
2 650
-
-
Income
139 500
139 500
139 500
139 500
Total tax
108 112
128 200
64 989
44 008
After tax
31 388
11 300
74 511
95 492
Living cost
23 728
23 728
23 728
23 728
Free-cash
7 660
-12 428
50 783
71 764

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽65189
₽81573
₽99212
₽103888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
139 500
work injury
-
-
-
698
unemployment
-
-
-
1 674
income
-
-
-
22 447
health insurance
-
-
-
10 323
pensions
-
-
-
25 668
total
-
-
-
60 810
Employee

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

21 601
-
139 500
-
income
2 160
-
22 447
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
44 426
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 899
139 500
-
-
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%.

1 179
1 395
-
-
total
1 179
1 395
-
-
Dividends
116 720
138 105
-
-
withholding
17 508
20 716
-
-
total
17 508
20 716
-
-
Income
139 500
139 500
139 500
139 500
Total tax
26 787
22 111
44 426
60 810
After tax
112 713
117 389
95 074
78 690
Living cost
13 501
13 501
13 501
13 501
Free-cash
99 212
103 888
81 573
65 189

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27315
₽20933
₽29103
₽33652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
139 500
social contributions
-
-
-
35 879
municipal
-
-
-
933
national
-
-
-
32 394
regional
-
-
-
3 150
total
-
-
-
72 356
Employee
84 248
-
139 500
-
national
14 237
-
28 154
-
social contributions
28 408
-
47 039
-
municipal
503
-
833
-
regional
1 272
-
2 712
-
total
44 420
-
78 738
-
Employer
84 248
-
139 500
-
total
-
-
-
-
Corporate
55 252
139 500
-
-
nationa
13 260
33 479
-
-
municipal
2 664
6 724
-
-
total
15 924
40 203
-
-
Dividends
39 328
99 297
-
-
withholding
10 224
25 816
-
-
total
10 224
25 816
-
-
Income
139 500
139 500
139 500
139 500
Total tax
70 568
66 019
78 738
72 356
After tax
68 932
73 481
60 762
67 144
Living cost
39 829
39 829
39 829
39 829
Free-cash
29 103
33 652
20 933
27 315

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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