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
₽ 140500
per

Your estimated
City
free-cash

Dresden , Germany
₽40500
₽51610
₽46882
₽61656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
trade
-
-
-
14 774
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.

-
-
-
39 392
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.

-
-
-
6 862
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.

-
-
-
2 167
total
-
-
-
63 195
Employee

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

38 418
-
140 500
-
health

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

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

6 862
-
6 862
-
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
-
2 167
-
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.

1 073
-
39 392
-
total
7 994
-
48 421
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 082
140 500
-
-
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.

842
1 159
-
-
income
15 312
21 076
-
-
trade
16 078
22 128
-
-
chamber of commerce
299
355
-
-
total
32 531
44 718
-
-
Dividends
69 551
95 783
-
-
surtax

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

936
1 296
-
-
withholding
17 006
23 563
-
-
total
17 942
24 859
-
-
Income
140 500
140 500
140 500
140 500
Total tax
58 467
69 577
48 421
63 195
After tax
82 033
70 923
92 079
77 305
Living cost
30 423
30 423
30 423
30 423
Free-cash
51 610
40 500
61 656
46 882

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36989
₽36146
₽32848
₽33950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
municipal
-
-
-
15 139
pensions
-
-
-
16 860
national
-
-
-
23 460
social contributions
-
-
-
1 510
total
-
-
-
56 969
Employee
78 568
-
121 461
-
municipal
9 704
-
15 683
-
pensions
3 143
-
4 858
-
national
15 038
-
24 303
-
total
27 885
-
44 844
-
Employer
78 568
-
121 461
-
social contributions
845
-
1 306
-
pensions
6 285
-
9 717
-
total
7 130
-
11 023
-
Corporate
49 617
140 500
-
-
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%.

9 923
28 100
-
-
total
9 923
28 100
-
-
Dividends
39 693
112 400
-
-
withholding
8 733
24 728
-
-
total
8 733
24 728
-
-
Income
140 500
140 500
140 500
140 500
Total tax
53 671
52 828
55 867
56 969
After tax
86 829
87 672
84 633
83 531
Living cost
50 683
50 683
50 683
50 683
Free-cash
36 146
36 989
33 950
32 848

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91503
₽83262
₽22972
₽57841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
microenterprise
-
-
-
-
income
-
-
-
22 320
surtax
-
-
-
35 827
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.

-
-
-
38 484
total
-
-
-
96 631
Employee
29 350
-
113 224
-
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.

3 229
-
12 454
-
surtax
-
-
-
-
income
5 225
-
22 032
-
total
8 454
-
34 486
-
Employer
29 350
-
113 224
-
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.

7 070
-
27 276
-
surtax
-
-
-
-
total
7 070
-
27 276
-
Corporate
104 080
140 500
-
-
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%.

20 817
28 100
-
-
total
20 817
28 100
-
-
Dividends

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

83 264
112 400
-
-
total
-
-
-
-
Income
140 500
140 500
140 500
140 500
Total tax
36 341
28 100
61 762
96 631
After tax
104 159
112 400
78 738
43 869
Living cost
20 897
20 897
20 897
20 897
Free-cash
83 262
91 503
57 841
22 972

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26941
₽20787
₽38025
₽41563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
36 244
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
60 398
Employee
85 775
85 775
121 834
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
38 194
-
Employer
85 775
85 775
121 834
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
40 757
39 705
-
-
income
8 152
7 941
-
-
total
8 152
7 941
-
-
Dividends
32 605
31 764
-
-
income
6 929
6 750
-
-
withholding
4 891
4 765
-
-
total
11 820
11 515
-
-
Income
140 500
140 500
140 500
140 500
Total tax
77 636
71 482
56 860
60 398
After tax
62 864
69 018
83 640
80 102
Living cost
42 077
42 077
42 077
42 077
Free-cash
20 787
26 941
41 563
38 025

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37752
₽36878
₽35129
₽34183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
municipal
-
-
-
34 520
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
7 153
total
-
-
-
66 410
Employee
55 516
-
113 671
-
municipal
16 555
-
33 897
-
national
-
-
6 630
-
total
16 555
-
40 527
-
Employer
55 516
-
113 671
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
67 541
140 500
-
-
income
14 859
30 910
-
-
total
14 859
30 910
-
-
Dividends
52 682
109 590
-
-
withholding
15 804
32 877
-
-
total
15 804
32 877
-
-
Income
140 500
140 500
140 500
140 500
Total tax
64 661
63 787
67 356
66 410
After tax
75 839
76 713
73 144
74 090
Living cost
38 961
38 961
38 961
38 961
Free-cash
36 878
37 752
34 183
35 129

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30740
₽44855
₽37191
₽52621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
trade
-
-
-
15 430
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.

-
-
-
39 392
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.

-
-
-
6 862
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.

-
-
-
2 167
total
-
-
-
63 851
Employee

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

50 937
-
140 500
-
health

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

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

6 862
-
6 862
-
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.

240
-
2 167
-
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.

4 376
-
39 392
-
total
11 478
-
48 421
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 563
140 500
-
-
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.

740
1 159
-
-
income
13 434
21 076
-
-
trade
14 732
23 112
-
-
chamber of commerce
280
353
-
-
total
29 186
45 700
-
-
Dividends
60 377
94 801
-
-
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.

810
1 283
-
-
withholding
14 713
23 319
-
-
total
15 523
24 602
-
-
Income
140 500
140 500
140 500
140 500
Total tax
56 187
70 302
48 421
63 851
After tax
84 313
70 198
92 079
76 649
Living cost
39 458
39 458
39 458
39 458
Free-cash
44 855
30 740
52 621
37 191

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70035
₽65871
₽65277
₽63941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
22 810
health
-
-
-
3 583
social contributions
-
-
-
16 251
total
-
-
-
42 644
Employee
77 236
77 236
129 460
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 202
-
income
8 110
7 150
22 092
-
total
12 631
14 873
32 940
-
Employer
77 236
77 236
129 460
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 394
-
total
4 590
7 840
11 040
-
Corporate
90 700
55 424
-
-
income
11 338
6 929
-
-
total
11 338
6 929
-
-
Dividends
79 362
48 495
-
-
withholding
13 491
8 244
-
-
total
13 491
8 244
-
-
Income
140 500
140 500
140 500
140 500
Total tax
42 050
37 886
43 980
42 644
After tax
98 450
102 614
96 520
97 856
Living cost
32 579
32 579
32 579
32 579
Free-cash
65 871
70 035
63 941
65 277

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60770
₽61150
₽79099
₽63217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
17 176
pensions
-
-
-
14 050
unemployment
-
-
-
2 108
health
-
-
-
9 835
total
-
-
-
43 169
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.

26 319
10 475
117 573
-
health
1 842
733
8 230
-
income
3 217
1 281
14 373
-
pensions
2 632
1 047
11 757
-
unemployment
395
157
1 764
-
total
8 086
3 218
36 124
-
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.

26 319
10 475
117 573
-
pensions
5 132
2 043
22 927
-
total
5 132
2 043
22 927
-
Corporate
109 049
127 983
-
-
income
9 814
11 518
-
-
total
9 814
11 518
-
-
Dividends
99 234
116 464
-
-
social contributions
19 231
22 591
-
-
withholding
18 855
22 128
-
-
total
38 086
44 719
-
-
Income
140 500
140 500
140 500
140 500
Total tax
61 118
61 498
59 051
43 169
After tax
79 382
79 002
81 449
97 331
Living cost
18 232
18 232
18 232
18 232
Free-cash
61 150
60 770
63 217
79 099

Estimated living cost  is ₽18232 per week

₽12442
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.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88139
₽81898
₽51048
₽56720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
18 827
pensions
-
-
-
28 100
health
-
-
-
18 264
total
-
-
-
65 191
Employee
28 494
-
105 006
-
income
3 208
-
20 245
-
pensions
570
-
2 101
-
unemployment
456
-
1 679
-
total
4 234
-
24 025
-
Employer
28 494
-
105 006
-
unemployment
229
-
841
-
pensions
5 699
-
21 001
-
health
3 704
-
13 652
-
total
9 632
-
35 494
-
Corporate
102 374
140 500
-
-
income
20 475
28 100
-
-
total
20 475
28 100
-
-
Dividends
81 899
112 400
-
-
total
-
-
-
-
Income
140 500
140 500
140 500
140 500
Total tax
34 341
28 100
59 519
65 191
After tax
106 159
112 400
80 981
75 309
Living cost
24 261
24 261
24 261
24 261
Free-cash
81 898
88 139
56 720
51 048

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10664
₽7998
₽74133
₽53007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
accident
-
-
-
253
income
-
-
-
37 345
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
44 323
Employee
34 676
-
124 338
-
health
3 970
-
14 237
-
income
4 757
-
27 405
-
pensions
3 905
-
7 645
-
total
12 632
-
49 287
-
Employer
34 676
-
124 338
-
accident
579
-
2 077
-
unemployment
850
-
3 046
-
pensions
5 639
-
11 039
-
total
7 068
-
16 162
-
Corporate
98 757
140 500
-
-
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.

88 881
126 450
-
-
total
88 881
126 450
-
-
Dividends
9 876
14 050
-
-
withholding
1 877
2 670
-
-
total
1 877
2 670
-
-
Income
140 500
140 500
140 500
140 500
Total tax
110 458
129 120
65 449
44 323
After tax
30 042
11 380
75 051
96 177
Living cost
22 044
22 044
22 044
22 044
Free-cash
7 998
-10 664
53 007
74 133

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124375
₽122668
₽129995
₽103300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
140 500
microenterprise

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

-
-
-
1 405
total
-
-
-
1 405
Employee
11 374
-
140 500
-
income
2 275
-
28 100
-
total
2 275
-
28 100
-
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%.

129 126
140 500
-
-
total
-
-
-
-
Dividends
129 126
140 500
-
-
withholding
6 457
7 025
-
-
total
6 457
7 025
-
-
Income
140 500
140 500
140 500
140 500
Total tax
8 732
7 025
28 100
1 405
After tax
131 768
133 475
112 400
139 095
Living cost
9 100
9 100
9 100
9 100
Free-cash
122 668
124 375
103 300
129 995

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76462
₽69677
₽47930
₽53742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
19 231
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.

-
-
-
33 721
other
-
-
-
6 673
health
-
-
-
6 181
total
-
-
-
65 806
Employee
36 470
-
112 219
-
health
511
-
1 571
-
income
6 279
-
21 167
-
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.

2 552
-
7 855
-
unemployment
364
-
1 123
-
total
9 706
-
31 716
-
Employer
36 470
-
112 219
-
accident
292
-
898
-
other
1 824
-
5 610
-
unemployment
364
-
1 123
-
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.

6 201
-
19 076
-
health
511
-
1 571
-
total
9 192
-
28 278
-
Corporate
94 839
140 500
-
-
income
19 917
29 505
-
-
total
19 917
29 505
-
-
Dividends
74 922
110 995
-
-
withholding
5 244
7 769
-
-
total
5 244
7 769
-
-
Income
140 500
140 500
140 500
140 500
Total tax
44 059
37 274
59 994
65 806
After tax
96 441
103 226
80 506
74 694
Living cost
26 764
26 764
26 764
26 764
Free-cash
69 677
76 462
53 742
47 930

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28777
₽24387
₽28791
₽15873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
36 306
pensions
-
-
-
8 302
total
-
-
-
44 608
Employee
94 938
-
123 071
-
health
1 564
-
1 925
-
income
17 114
-
27 695
-
pensions
9 159
-
10 476
-
total
27 837
-
40 096
-
Employer
94 938
-
123 071
-
pensions
11 209
-
15 092
-
health
1 803
-
2 338
-
total
13 012
-
17 430
-
Corporate
32 550
140 500
-
-
income

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

6 185
26 694
-
-
total
6 185
26 694
-
-
Dividends
26 365
113 806
-
-
withholding
1 978
17 928
-
-
total
1 978
17 928
-
-
Income
140 500
140 500
140 500
140 500
Total tax
49 012
44 622
57 526
44 608
After tax
91 488
95 878
82 974
95 892
Living cost
67 101
67 101
67 101
67 101
Free-cash
24 387
28 777
15 873
28 791

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽106960
₽102295
₽96891
₽102007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
21 075
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
30 441
Employee
17 436
-
133 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
13 362
-
pensions

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

1 531
-
3 080
-
total
4 268
-
18 442
-
Employer
17 436
-
133 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
119 643
140 500
-
-
income
11 964
14 050
-
-
total
11 964
14 050
-
-
Dividends
107 679
126 450
-
-
withholding
5 384
6 322
-
-
total
5 384
6 322
-
-
Income
140 500
140 500
140 500
140 500
Total tax
25 037
20 372
25 325
30 441
After tax
115 463
120 128
115 175
110 059
Living cost
13 168
13 168
13 168
13 168
Free-cash
102 295
106 960
102 007
96 891

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13321
₽15848
₽24405
₽27943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
36 244
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
60 398
Employee
93 124
85 775
121 834
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
38 194
-
Employer
93 124
85 775
121 834
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
31 071
39 705
-
-
income
6 214
7 941
-
-
total
6 214
7 941
-
-
Dividends
24 857
31 764
-
-
income
5 282
6 750
-
-
withholding
3 728
4 765
-
-
total
9 010
11 515
-
-
Income
140 500
140 500
140 500
140 500
Total tax
68 955
71 482
56 860
60 398
After tax
71 545
69 018
83 640
80 102
Living cost
55 697
55 697
55 697
55 697
Free-cash
15 848
13 321
27 943
24 405

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72714
₽64145
₽49903
₽47278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
13 045
health
-
-
-
18 968
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
66 577
Employee
35 324
-
104 851
-
social contributions
2 296
-
6 815
-
health
4 769
-
14 155
-
solidarity contribution
-
-
-
-
income
4 239
-
12 582
-
total
11 304
-
33 552
-
Employer
35 324
-
104 851
-
social contributions
8 831
-
26 213
-
health
3 179
-
9 437
-
total
12 010
-
35 650
-
Corporate
93 166
140 500
-
-
income
17 701
26 695
-
-
total
17 701
26 695
-
-
Dividends
75 464
113 805
-
-
withholding
11 320
17 071
-
-
total
11 320
17 071
-
-
Income
140 500
140 500
140 500
140 500
Total tax
52 335
43 766
69 202
66 577
After tax
88 165
96 734
71 298
73 923
Living cost
24 020
24 020
24 020
24 020
Free-cash
64 145
72 714
47 278
49 903

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32576
₽27333
₽26881
₽20196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
municipal
-
-
-
835
regional
-
-
-
1 620
national
-
-
-
32 644
social contributions
-
-
-
36 136
total
-
-
-
71 235
Employee
89 268
-
140 500
-
social contributions
30 101
-
47 376
-
regional
842
-
1 427
-
municipal
473
-
745
-
national
15 468
-
28 372
-
total
46 884
-
77 920
-
Employer
89 268
-
140 500
-
total
-
-
-
-
Corporate
51 232
140 500
-
-
nationa
12 296
33 721
-
-
municipal
1 998
5 480
-
-
total
14 294
39 201
-
-
Dividends
36 938
101 299
-
-
withholding
9 605
26 339
-
-
total
9 605
26 339
-
-
Income
140 500
140 500
140 500
140 500
Total tax
70 783
65 540
77 920
71 235
After tax
69 717
74 960
62 580
69 265
Living cost
42 384
42 384
42 384
42 384
Free-cash
27 333
32 576
20 196
26 881

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66210
₽63084
₽44505
₽41344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
32 669
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
4 605
total
-
-
-
73 831
Employee
33 216
-
116 069
-
other
-
-
-
-
health
848
-
2 960
-
surtax
109
-
4 106
-
income
5 568
-
29 674
-
pensions
2 215
-
7 743
-
unemployment
2 312
-
8 078
-
total
11 052
-
52 561
-
Employer
33 216
-
116 069
-
other
-
-
-
-
unemployment
1 052
-
3 679
-
pensions
4 428
-
15 472
-
health
1 512
-
5 280
-
total
6 992
-
24 431
-
Corporate
100 292
140 500
-
-
income
26 076
36 530
-
-
total
26 076
36 530
-
-
Dividends
74 217
103 970
-
-
withholding
11 132
15 596
-
-
total
11 132
15 596
-
-
Income
140 500
140 500
140 500
140 500
Total tax
55 252
52 126
76 992
73 831
After tax
85 248
88 374
63 508
66 669
Living cost
22 164
22 164
22 164
22 164
Free-cash
63 084
66 210
41 344
44 505

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50036
₽51533
₽50050
₽37132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
36 306
pensions
-
-
-
8 302
total
-
-
-
44 608
Employee
63 625
-
123 071
-
health
924
-
1 925
-
income
11 459
-
27 695
-
pensions
5 400
-
10 476
-
total
17 783
-
40 096
-
Employer
63 625
-
123 071
-
pensions
6 887
-
15 092
-
health
1 209
-
2 338
-
total
8 096
-
17 430
-
Corporate
68 779
140 500
-
-
income

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

13 068
26 694
-
-
total
13 068
26 694
-
-
Dividends
55 712
113 806
-
-
withholding
4 178
17 928
-
-
total
4 178
17 928
-
-
Income
140 500
140 500
140 500
140 500
Total tax
43 125
44 622
57 526
44 608
After tax
97 375
95 878
82 974
95 892
Living cost
45 842
45 842
45 842
45 842
Free-cash
51 533
50 036
37 132
50 050

Estimated living cost  is ₽45842 per week

₽34344
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.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12147
₽20540
₽38870
₽32039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
city
-
-
-
1 481
pensions
-
-
-
12 926
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.

-
-
-
2 810
regional
-
-
-
6 082
health
-
-
-
316
national
-
-
-
1 621
total
-
-
-
25 236
Employee
89 401
-
125 755
-
city
959
-
1 352
-
regional
2 927
-
5 209
-
health
202
-
283
-
pensions
7 511
-
10 564
-
unemployment
-
-
-
-
national
423
-
1 297
-
total
12 022
-
18 705
-
Employer
89 401
-
125 755
-
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.

1 787
-
2 515
-
unemployment
-
-
-
-
pensions
7 511
-
10 564
-
health
202
-
283
-
total
9 500
-
13 362
-
Corporate
40 616
140 500
-
-
regional
8 590
29 716
-
-
national
3 453
11 943
-
-
total
12 043
41 659
-
-
Dividends
28 572
98 841
-
-
withholding
10 001
34 594
-
-
total
10 001
34 594
-
-
Income
140 500
140 500
140 500
140 500
Total tax
43 566
76 253
32 067
25 236
After tax
96 934
64 247
108 433
115 264
Living cost
76 394
76 394
76 394
76 394
Free-cash
20 540
-12 147
32 039
38 870

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23463
₽39750
₽29977
₽46065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
trade
-
-
-
16 088
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.

-
-
-
39 392
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.

-
-
-
6 862
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.

-
-
-
2 167
total
-
-
-
64 509
Employee

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

60 365
-
140 500
-
health

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

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

6 862
-
6 862
-
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.

391
-
2 167
-
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.

7 098
-
39 392
-
total
14 351
-
48 421
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 135
140 500
-
-
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.

661
1 159
-
-
income
12 020
21 076
-
-
trade
13 743
24 095
-
-
chamber of commerce
265
351
-
-
total
26 689
46 681
-
-
Dividends
53 446
93 819
-
-
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.

715
1 269
-
-
withholding
12 981
23 073
-
-
total
13 696
24 342
-
-
Income
140 500
140 500
140 500
140 500
Total tax
54 736
71 023
48 421
64 509
After tax
85 764
69 477
92 079
75 991
Living cost
46 014
46 014
46 014
46 014
Free-cash
39 750
23 463
46 065
29 977

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36448
₽42379
₽45400
₽46927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
19 047
pensions
-
-
-
28 525
other
-
-
-
4 355
health
-
-
-
4 805
surtax
-
-
-
-
social contributions
-
-
-
4 003
total
-
-
-
60 735
Employee
42 988
-
110 902
-
social contributions
1 226
-
3 160
-
surtax
-
-
-
-
income
2 537
-
19 638
-
pensions
4 861
-
6 814
-
total
8 624
-
29 612
-
Employer
42 988
-
110 902
-
other
1 483
-
3 943
-
social contributions
130
-
334
-
unemployment
1 740
-
4 491
-
pensions
7 062
-
11 630
-
health
3 010
-
9 198
-
total
13 425
-
29 596
-
Corporate
84 087
140 500
-
-
surtax
-
-
-
-
income
23 544
39 340
-
-
total
23 544
39 340
-
-
Dividends
60 543
101 160
-
-
surtax
-
-
-
-
social contributions
10 413
17 399
-
-
withholding
7 750
12 948
-
-
total
18 163
30 347
-
-
Income
140 500
140 500
140 500
140 500
Total tax
63 756
69 687
59 208
60 735
After tax
76 744
70 813
81 292
79 765
Living cost
34 365
34 365
34 365
34 365
Free-cash
42 379
36 448
46 927
45 400

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39853
₽45432
₽48805
₽50332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
19 047
pensions
-
-
-
28 525
other
-
-
-
4 355
health
-
-
-
4 805
surtax
-
-
-
-
social contributions
-
-
-
4 003
total
-
-
-
60 735
Employee
38 373
-
110 902
-
social contributions
1 094
-
3 160
-
surtax
-
-
-
-
income
1 979
-
19 638
-
pensions
4 340
-
6 814
-
total
7 413
-
29 612
-
Employer
38 373
-
110 902
-
other
1 325
-
3 943
-
social contributions
114
-
334
-
unemployment
1 553
-
4 491
-
pensions
6 305
-
11 630
-
health
2 686
-
9 198
-
total
11 983
-
29 596
-
Corporate
90 143
140 500
-
-
surtax
-
-
-
-
income
25 241
39 340
-
-
total
25 241
39 340
-
-
Dividends
64 903
101 160
-
-
surtax
-
-
-
-
social contributions
11 164
17 399
-
-
withholding
8 307
12 948
-
-
total
19 471
30 347
-
-
Income
140 500
140 500
140 500
140 500
Total tax
64 108
69 687
59 208
60 735
After tax
76 392
70 813
81 292
79 765
Living cost
30 960
30 960
30 960
30 960
Free-cash
45 432
39 853
50 332
48 805

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64417
₽64940
₽68929
₽67103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
21 076
health
-
-
-
9 807
social contributions
-
-
-
19 389
total
-
-
-
50 272
Employee
34 056
-
140 500
-
social contributions
4 700
-
19 389
-
health
2 377
-
9 807
-
income
5 680
-
22 902
-
total
12 757
-
52 098
-
Employer
34 056
-
140 500
-
total
-
-
-
-
Corporate
106 444
140 500
-
-
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%.

5 322
7 026
-
-
total
5 322
7 026
-
-
Dividends
101 122
133 474
-
-
health
7 058
9 317
-
-
social contributions
13 955
18 419
-
-
withholding
15 169
20 022
-
-
total
36 182
47 758
-
-
Income
140 500
140 500
140 500
140 500
Total tax
54 261
54 784
52 098
50 272
After tax
86 239
85 716
88 402
90 228
Living cost
21 299
21 299
21 299
21 299
Free-cash
64 940
64 417
67 103
68 929

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42696
₽41140
₽35975
₽2082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
chamber of commerce
-
-
-
562
income
-
-
-
31 527
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
69 133
Employee
50 197
40 028
108 944
-
other
501
400
1 090
-
health
1 942
1 550
4 216
-
income
5 715
2 953
25 460
-
pensions
5 141
4 098
11 156
-
unemployment
1 506
1 201
3 269
-
total
14 805
10 202
45 191
-
Employer
50 197
40 028
108 944
-
accident
652
520
1 416
-
other
2 385
1 900
5 175
-
chamber of commerce
200
160
436
-
unemployment
1 506
1 201
3 269
-
surtax
198
198
198
-
pensions
6 300
5 024
13 672
-
payroll
1 506
1 201
3 269
-
health
1 897
1 513
4 117
-
total
14 644
11 717
31 552
-
Corporate
75 660
88 753
105 134
-
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.

18 914
22 189
26 283
-
total
18 914
22 189
26 283
-
Dividends
56 746
66 564
-
-
withholding
15 605
18 304
-
-
total
15 605
18 304
-
-
Income
140 500
140 500
140 500
140 500
Total tax
63 968
62 412
103 026
69 133
After tax
76 532
78 088
37 474
71 367
Living cost
35 392
35 392
35 392
35 392
Free-cash
41 140
42 696
2 082
35 975

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42030
₽26965
₽25349
₽14876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
national
-
-
-
49 324
communal

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

-
-
-
7 104
social contributions
-
-
-
22 100
total
-
-
-
78 528
Employee

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

71 848
-
108 822
-
communal

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

3 747
-
5 676
-
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.

3 376
-
5 116
-
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.

5 389
-
8 162
-
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.

625
-
947
-
national
22 089
-
37 423
-
total
35 226
-
57 324
-
Employer

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

71 848
-
108 822
-
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.

934
-
1 414
-
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.

1 048
-
1 590
-
surtax
8 147
-
12 340
-
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.

6 366
-
9 641
-
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.

4 418
-
6 692
-
total
20 913
-
31 677
-
Corporate
47 738
140 500
-
-
surtax
191
562
-
-
income
9 548
28 100
-
-
total
9 739
28 662
-
-
Dividends
38 000
111 838
-
-
withholding

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

11 034
33 185
-
-
total
11 034
33 185
-
-
Income
140 500
140 500
140 500
140 500
Total tax
76 912
61 847
89 001
78 528
After tax
63 588
78 653
51 499
61 972
Living cost
36 623
36 623
36 623
36 623
Free-cash
26 965
42 030
14 876
25 349

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57818
₽50297
₽42839
₽38011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
accident
-
-
-
839
income
-
-
-
33 457
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
61 387
Employee
49 998
-
110 820
-
other
50
-
93
-
income
10 549
-
30 623
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
36 535
-
Employer
49 998
-
110 820
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
74 565
140 500
-
-
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.

11 185
21 076
-
-
total
11 185
21 076
-
-
Dividends
63 380
119 424
-
-
withholding
13 082
25 332
-
-
total
13 082
25 332
-
-
Income
140 500
140 500
140 500
140 500
Total tax
53 929
46 408
66 215
61 387
After tax
86 571
94 092
74 285
79 113
Living cost
36 274
36 274
36 274
36 274
Free-cash
50 297
57 818
38 011
42 839

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29488
₽18663
₽18957
₽24560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
accident
-
-
-
1 184
income
-
-
-
18 997
pensions
-
-
-
21 059
health
-
-
-
9 872
surtax
-
-
-
6 965
communal
-
-
-
8 881
total
-
-
-
66 958
Employee
76 065
-
125 501
-
health
3 385
-
5 587
-
surtax
4 662
-
7 691
-
income
7 347
-
23 040
-
pensions
6 084
-
10 039
-
total
21 478
-
46 357
-
Employer
76 065
-
125 501
-
accident
684
-
1 130
-
pensions
6 084
-
10 039
-
health
2 320
-
3 829
-
total
9 088
-
14 998
-
Corporate
55 347
140 500
-
-
surtax
581
1 475
-
-
communal
3 736
9 483
-
-
income
8 301
21 076
-
-
total
12 618
32 034
-
-
Dividends
42 728
108 466
-
-
income
17 660
8 122
-
-
withholding
6 408
16 271
-
-
total
24 068
24 393
-
-
Income
140 500
140 500
140 500
140 500
Total tax
67 252
56 427
61 355
66 958
After tax
73 248
84 073
79 145
73 542
Living cost
54 585
54 585
54 585
54 585
Free-cash
18 663
29 488
24 560
18 957

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65813
₽62620
₽44108
₽40947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
32 669
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
4 605
total
-
-
-
73 831
Employee
33 826
-
116 069
-
other
-
-
-
-
health
863
-
2 960
-
surtax
120
-
4 106
-
income
5 671
-
29 674
-
pensions
2 257
-
7 743
-
unemployment
2 354
-
8 078
-
total
11 265
-
52 561
-
Employer
33 826
-
116 069
-
other
-
-
-
-
unemployment
1 073
-
3 679
-
pensions
4 510
-
15 472
-
health
1 538
-
5 280
-
total
7 121
-
24 431
-
Corporate
99 553
140 500
-
-
income
25 883
36 530
-
-
total
25 883
36 530
-
-
Dividends
73 670
103 970
-
-
withholding
11 050
15 596
-
-
total
11 050
15 596
-
-
Income
140 500
140 500
140 500
140 500
Total tax
55 319
52 126
76 992
73 831
After tax
85 181
88 374
63 508
66 669
Living cost
22 561
22 561
22 561
22 561
Free-cash
62 620
65 813
40 947
44 108

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
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.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46792
₽44564
₽41710
₽35060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
municipal
-
-
-
835
regional
-
-
-
2 118
national
-
-
-
32 644
social contributions
-
-
-
36 136
total
-
-
-
71 733
Employee
55 717
-
140 500
-
social contributions
18 788
-
47 376
-
regional
750
-
1 890
-
municipal
295
-
745
-
national
8 827
-
28 372
-
total
28 660
-
78 383
-
Employer
55 717
-
140 500
-
total
-
-
-
-
Corporate
84 783
140 500
-
-
nationa
20 348
33 721
-
-
municipal
4 214
6 982
-
-
total
24 562
40 703
-
-
Dividends
60 220
99 797
-
-
withholding
15 657
25 948
-
-
total
15 657
25 948
-
-
Income
140 500
140 500
140 500
140 500
Total tax
68 879
66 651
78 383
71 733
After tax
71 621
73 849
62 117
68 767
Living cost
27 057
27 057
27 057
27 057
Free-cash
44 564
46 792
35 060
41 710

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67135
₽56576
₽44324
₽41699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
13 045
health
-
-
-
18 968
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
66 577
Employee
43 528
-
104 851
-
social contributions
2 829
-
6 815
-
health
5 876
-
14 155
-
solidarity contribution
-
-
-
-
income
5 223
-
12 582
-
total
13 928
-
33 552
-
Employer
43 528
-
104 851
-
social contributions
10 882
-
26 213
-
health
3 918
-
9 437
-
total
14 800
-
35 650
-
Corporate
82 172
140 500
-
-
income
15 613
26 695
-
-
total
15 613
26 695
-
-
Dividends
66 559
113 805
-
-
withholding
9 984
17 071
-
-
total
9 984
17 071
-
-
Income
140 500
140 500
140 500
140 500
Total tax
54 325
43 766
69 202
66 577
After tax
86 175
96 734
71 298
73 923
Living cost
29 599
29 599
29 599
29 599
Free-cash
56 576
67 135
41 699
44 324

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46149
₽45652
₽39520
₽5462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
chamber of commerce
-
-
-
562
income
-
-
-
31 527
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
68 935
Employee
43 907
40 028
109 101
-
other
438
400
1 090
-
health
1 698
1 550
4 222
-
income
3 911
2 953
25 515
-
pensions
4 497
4 098
11 172
-
unemployment
1 317
1 201
3 273
-
total
11 861
10 202
45 272
-
Employer
43 907
40 028
109 101
-
accident
570
520
1 418
-
other
2 085
1 900
5 183
-
chamber of commerce
175
160
436
-
unemployment
1 317
1 201
3 273
-
surtax
-
-
-
-
pensions
5 511
5 024
13 692
-
payroll
1 317
1 201
3 273
-
health
1 660
1 513
4 125
-
total
12 635
11 519
31 400
-
Corporate
83 958
88 951
105 289
-
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.

20 990
22 239
26 321
-
total
20 990
22 239
26 321
-
Dividends
62 968
66 713
-
-
withholding
17 317
18 346
-
-
total
17 317
18 346
-
-
Income
140 500
140 500
140 500
140 500
Total tax
62 803
62 306
102 993
68 935
After tax
77 697
78 194
37 507
71 565
Living cost
32 045
32 045
32 045
32 045
Free-cash
45 652
46 149
5 462
39 520

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119295
₽116636
₽124915
₽98220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
140 500
microenterprise

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

-
-
-
1 405
total
-
-
-
1 405
Employee
17 726
-
140 500
-
income
3 545
-
28 100
-
total
3 545
-
28 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

122 774
140 500
-
-
total
-
-
-
-
Dividends
122 774
140 500
-
-
withholding
6 139
7 025
-
-
total
6 139
7 025
-
-
Income
140 500
140 500
140 500
140 500
Total tax
9 684
7 025
28 100
1 405
After tax
130 816
133 475
112 400
139 095
Living cost
14 180
14 180
14 180
14 180
Free-cash
116 636
119 295
98 220
124 915

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69793
₽61392
₽43527
₽39809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
income
-
-
-
30 335
pensions
-
-
-
25 658
unemployment
-
-
-
212
health
-
-
-
13 827
total
-
-
-
70 032
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.

44 416
-
121 570
-
health
2 869
-
7 853
-
income
7 660
-
27 956
-
pensions
6 885
-
18 844
-
unemployment
63
-
170
-
total
17 477
-
54 823
-
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.

44 416
-
121 570
-
unemployment
27
-
72
-
pensions
3 930
-
10 758
-
health
2 958
-
8 097
-
total
6 915
-
18 927
-
Corporate
89 168
140 500
-
-
income
16 941
26 695
-
-
total
16 941
26 695
-
-
Dividends
72 227
113 805
-
-
withholding
10 834
17 071
-
-
total
10 834
17 071
-
-
Income
140 500
140 500
140 500
140 500
Total tax
52 167
43 766
73 750
70 032
After tax
88 333
96 734
66 750
70 468
Living cost
26 941
26 941
26 941
26 941
Free-cash
61 392
69 793
39 809
43 527

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41916
-₽10041
₽53533
₽83654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
27 386
social contributions
-
-
-
16 017
total
-
-
-
43 403
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
-
140 500
-
-
income
-
30 910
-
-
total
-
30 910
-
-
Dividends
-
109 590
-
-
income
-
24 110
-
-
total
-
24 110
-
-
Income
140 500
140 500
140 500
140 500
Total tax
106 977
55 020
13 282
43 403
After tax
33 523
85 480
127 218
97 097
Living cost
43 564
43 564
43 564
43 564
Free-cash
-10 041
41 916
83 654
53 533

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48410
₽47397
₽44982
₽35425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
income
-
-
-
15 189
surtax
-
-
-
-
social contributions

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

-
-
-
48 823
total
-
-
-
64 012
Employee
46 196
-
113 534
-
social contributions
5 082
-
12 489
-
surtax
-
-
-
-
income
9 609
-
34 116
-
total
14 691
-
46 605
-
Employer
46 196
-
113 534
-
social contributions
10 972
-
26 964
-
total
10 972
-
26 964
-
Corporate
83 332
140 500
-
-
surtax
-
-
-
-
income
17 500
29 505
-
-
total
17 500
29 505
-
-
Dividends
65 832
110 995
-
-
withholding
18 434
31 079
-
-
total
18 434
31 079
-
-
Income
140 500
140 500
140 500
140 500
Total tax
61 597
60 584
73 569
64 012
After tax
78 903
79 916
66 931
76 488
Living cost
31 506
31 506
31 506
31 506
Free-cash
47 397
48 410
35 425
44 982

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22300
₽29204
₽31252
₽32779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
19 047
pensions
-
-
-
28 525
other
-
-
-
4 355
health
-
-
-
4 805
surtax
-
-
-
-
social contributions
-
-
-
4 003
total
-
-
-
60 735
Employee
62 910
-
110 902
-
social contributions
1 792
-
3 160
-
surtax
-
-
-
-
income
5 489
-
19 638
-
pensions
7 115
-
6 814
-
total
14 396
-
29 612
-
Employer
62 910
-
110 902
-
other
2 171
-
3 943
-
social contributions
189
-
334
-
unemployment
2 548
-
4 491
-
pensions
10 337
-
11 630
-
health
4 403
-
9 198
-
total
19 648
-
29 596
-
Corporate
57 942
140 500
-
-
surtax
-
-
-
-
income
16 225
39 340
-
-
total
16 225
39 340
-
-
Dividends
41 717
101 160
-
-
surtax
-
-
-
-
social contributions
7 175
17 399
-
-
withholding
5 339
12 948
-
-
total
12 514
30 347
-
-
Income
140 500
140 500
140 500
140 500
Total tax
62 783
69 687
59 208
60 735
After tax
77 717
70 813
81 292
79 765
Living cost
48 513
48 513
48 513
48 513
Free-cash
29 204
22 300
32 779
31 252

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96257
₽92883
₽74539
₽78270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
4 859
social contributions
-
-
-
30 909
total
-
-
-
35 768
Employee
32 292
-
121 645
-
income
-
-
5 274
-
social contributions
2 099
-
7 908
-
total
2 099
-
13 182
-
Employer
32 292
-
121 645
-
social contributions
5 005
-
18 855
-
total
5 005
-
18 855
-
Corporate
103 203
140 500
-
-
income
10 320
14 050
-
-
total
10 320
14 050
-
-
Dividends
92 883
126 450
-
-
total
-
-
-
-
Income
140 500
140 500
140 500
140 500
Total tax
17 424
14 050
32 037
35 768
After tax
123 076
126 450
108 463
104 732
Living cost
30 193
30 193
30 193
30 193
Free-cash
92 883
96 257
78 270
74 539

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 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
-₽78345
-₽78345
₽36595
-₽78345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
municipal
-
-
-
28 185
pensions
-
-
-
871
national
-
-
-
15 305
labour market
-
-
-
11 170
total
-
-
-
55 531
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
140 500
140 500
140 500
140 500
Total tax
170 471
170 471
170 471
55 531
After tax
-29 971
-29 971
-29 971
84 969
Living cost
48 374
48 374
48 374
48 374
Free-cash
-78 345
-78 345
-78 345
36 595

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10339
₽8050
₽74458
₽53332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
accident
-
-
-
253
income
-
-
-
37 345
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
44 323
Employee
34 165
-
124 338
-
health
3 912
-
14 237
-
income
4 687
-
27 405
-
pensions
3 847
-
7 645
-
total
12 446
-
49 287
-
Employer
34 165
-
124 338
-
accident
570
-
2 077
-
unemployment
837
-
3 046
-
pensions
5 555
-
11 039
-
total
6 962
-
16 162
-
Corporate
99 372
140 500
-
-
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.

89 435
126 450
-
-
total
89 435
126 450
-
-
Dividends
9 937
14 050
-
-
withholding
1 888
2 670
-
-
total
1 888
2 670
-
-
Income
140 500
140 500
140 500
140 500
Total tax
110 731
129 120
65 449
44 323
After tax
29 769
11 380
75 051
96 177
Living cost
21 719
21 719
21 719
21 719
Free-cash
8 050
-10 339
53 332
74 458

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51741
₽52973
₽56723
₽37456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
140 500
municipal
-
-
-
24 976
health
-
-
-
1 744
national
-
-
-
18 494
total
-
-
-
45 214
Employee
52 845
-
118 197
-
health
395
-
1 401
-
municipal
8 656
-
19 269
-
pensions
3 566
-
7 979
-
unemployment
793
-
1 773
-
national
873
-
11 756
-
total
14 283
-
42 178
-
Employer
52 845
-
118 197
-
accident
53
-
118
-
unemployment
343
-
768
-
pensions
9 168
-
20 508
-
health
406
-
909
-
total
9 970
-
22 303
-
Corporate
77 684
140 500
-
-
income
15 537
28 100
-
-
total
15 537
28 100
-
-
Dividends

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

46 610
84 300
-
-
national
783
6 922
-
-
municipal
8 391
15 174
-
-
total
9 174
22 096
-
-
Income
140 500
140 500
140 500
140 500
Total tax
48 964
50 196
64 481
45 214
After tax
91 536
90 304
76 019
95 286
Living cost
38 563
38 563
38 563
38 563
Free-cash
52 973
51 741
37 456
56 723

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79359
₽73894
₽74601
₽73265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
22 810
health
-
-
-
3 583
social contributions
-
-
-
16 251
total
-
-
-
42 644
Employee
77 236
77 236
129 460
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 202
-
income
8 410
7 150
22 092
-
total
11 929
14 873
32 940
-
Employer
77 236
77 236
129 460
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 394
-
total
3 570
7 840
11 040
-
Corporate
101 746
55 424
-
-
income
12 718
6 929
-
-
total
12 718
6 929
-
-
Dividends
89 028
48 495
-
-
withholding
15 134
8 244
-
-
total
15 134
8 244
-
-
Income
140 500
140 500
140 500
140 500
Total tax
43 351
37 886
43 980
42 644
After tax
97 149
102 614
96 520
97 856
Living cost
23 255
23 255
23 255
23 255
Free-cash
73 894
79 359
73 265
74 601

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100401
₽95293
₽100505
₽80359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140 500
income
-
-
-
13 995
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
24 048
Employee

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

23 055
-
130 684
-
health
1 959
-
8 101
-
income
1 576
-
11 503
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
34 377
-
Employer

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

23 055
-
130 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
115 072
140 500
-
-
income
10 356
12 645
-
-
total
10 356
12 645
-
-
Dividends
104 716
127 855
-
-
withholding
9 424
11 507
-
-
total
9 424
11 507
-
-
Income
140 500
140 500
140 500
140 500
Total tax
29 260
24 152
44 194
24 048
After tax
111 240
116 348
96 306
116 452
Living cost
15 947
15 947
15 947
15 947
Free-cash
95 293
100 401
80 359
100 505

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66471
₽61686
₽51492
₽46664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
accident
-
-
-
839
income
-
-
-
33 457
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
61 387
Employee
37 140
-
110 820
-
other
36
-
93
-
income
7 160
-
30 623
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
36 535
-
Employer
37 140
-
110 820
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
91 519
140 500
-
-
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.

13 728
21 076
-
-
total
13 728
21 076
-
-
Dividends
77 792
119 424
-
-
withholding
16 107
25 332
-
-
total
16 107
25 332
-
-
Income
140 500
140 500
140 500
140 500
Total tax
51 193
46 408
66 215
61 387
After tax
89 307
94 092
74 285
79 113
Living cost
27 621
27 621
27 621
27 621
Free-cash
61 686
66 471
46 664
51 492

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84922
₽84471
₽86960
₽86764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
47 329
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
50 790
Employee
4 189
-
138 243
-
health
209
-
502
-
income
810
-
47 224
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
48 729
-
Employer
4 189
-
138 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
135 368
140 500
-
-
income
29 781
30 910
-
-
total
29 781
30 910
-
-
Dividends
105 587
109 590
-
-
withholding
21 117
21 918
-
-
total
21 117
21 918
-
-
Income
140 500
140 500
140 500
140 500
Total tax
53 279
52 828
50 986
50 790
After tax
87 221
87 672
89 514
89 710
Living cost
2 750
2 750
2 750
2 750
Free-cash
84 471
84 922
86 764
86 960

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84141
₽79201
₽64144
₽64142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
income
-
-
-
30 929
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
58 986
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.

26 193
-
127 213
-
health
1 349
-
3 823
-
income
3 610
-
30 929
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
45 701
-
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.

26 193
-
127 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
109 619
140 500
-
-
income
16 443
21 075
-
-
total
16 443
21 075
-
-
Dividends
93 176
119 425
-
-
withholding
13 976
17 914
-
-
total
13 976
17 914
-
-
Income
140 500
140 500
140 500
140 500
Total tax
43 929
38 989
58 988
58 986
After tax
96 571
101 511
81 512
81 514
Living cost
17 370
17 370
17 370
17 370
Free-cash
79 201
84 141
64 142
64 144

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52837
₽52476
₽49409
₽39852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
income
-
-
-
15 189
surtax
-
-
-
-
social contributions

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

-
-
-
48 823
total
-
-
-
64 012
Employee
38 984
-
113 534
-
social contributions
4 289
-
12 489
-
surtax
-
-
-
-
income
7 617
-
34 116
-
total
11 906
-
46 605
-
Employer
38 984
-
113 534
-
social contributions
9 258
-
26 964
-
total
9 258
-
26 964
-
Corporate
92 258
140 500
-
-
surtax
-
-
-
-
income
19 374
29 505
-
-
total
19 374
29 505
-
-
Dividends
72 884
110 995
-
-
withholding
20 407
31 079
-
-
total
20 407
31 079
-
-
Income
140 500
140 500
140 500
140 500
Total tax
60 945
60 584
73 569
64 012
After tax
79 555
79 916
66 931
76 488
Living cost
27 079
27 079
27 079
27 079
Free-cash
52 476
52 837
39 852
49 409

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58792
₽51613
₽43813
₽38985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
accident
-
-
-
839
income
-
-
-
33 457
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
61 387
Employee
48 510
-
110 820
-
other
48
-
93
-
income
10 132
-
30 623
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
36 535
-
Employer
48 510
-
110 820
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
76 524
140 500
-
-
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.

11 479
21 076
-
-
total
11 479
21 076
-
-
Dividends
65 046
119 424
-
-
withholding
13 430
25 332
-
-
total
13 430
25 332
-
-
Income
140 500
140 500
140 500
140 500
Total tax
53 587
46 408
66 215
61 387
After tax
86 913
94 092
74 285
79 113
Living cost
35 300
35 300
35 300
35 300
Free-cash
51 613
58 792
38 985
43 813

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102852
₽96732
₽92783
₽97899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
21 075
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
30 441
Employee
22 876
-
133 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
13 362
-
pensions

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

2 008
-
3 080
-
total
5 599
-
18 442
-
Employer
22 876
-
133 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
113 135
140 500
-
-
income
11 313
14 050
-
-
total
11 313
14 050
-
-
Dividends
101 822
126 450
-
-
withholding
5 092
6 322
-
-
total
5 092
6 322
-
-
Income
140 500
140 500
140 500
140 500
Total tax
26 492
20 372
25 325
30 441
After tax
114 008
120 128
115 175
110 059
Living cost
17 276
17 276
17 276
17 276
Free-cash
96 732
102 852
97 899
92 783

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33589
₽46728
₽39839
₽53300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
trade
-
-
-
13 461
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.

-
-
-
39 392
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.

-
-
-
6 862
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.

-
-
-
2 167
total
-
-
-
61 882
Employee

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

49 977
-
140 500
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
2 167
-
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.

4 110
-
39 392
-
total
11 199
-
48 421
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 523
140 500
-
-
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.

747
1 159
-
-
income
13 579
21 076
-
-
trade
12 990
20 161
-
-
chamber of commerce
286
358
-
-
total
27 602
42 754
-
-
Dividends
62 921
97 746
-
-
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.

844
1 323
-
-
withholding
15 348
24 055
-
-
total
16 192
25 378
-
-
Income
140 500
140 500
140 500
140 500
Total tax
54 993
68 132
48 421
61 882
After tax
85 507
72 368
92 079
78 618
Living cost
38 779
38 779
38 779
38 779
Free-cash
46 728
33 589
53 300
39 839

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41133
₽43351
₽21090
₽21090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
39 597
social contributions
-
-
-
22 596
total
-
-
-
62 193
Employee
78 569
-
140 500
-
income
14 826
-
39 597
-
social contributions
6 527
-
22 596
-
total
21 353
-
62 193
-
Employer
78 569
-
140 500
-
total
-
-
-
-
Corporate
61 931
140 500
-
-
income
7 741
17 563
-
-
total
7 741
17 563
-
-
Dividends
54 190
122 937
-
-
withholding
10 838
24 587
-
-
total
10 838
24 587
-
-
Income
140 500
140 500
140 500
140 500
Total tax
39 932
42 150
62 193
62 193
After tax
100 568
98 350
78 307
78 307
Living cost
57 217
57 217
57 217
57 217
Free-cash
43 351
41 133
21 090
21 090

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49556
₽53066
₽68717
₽65660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
135 880
-
income
5 000
-
29 139
-
social contributions
4 617
-
4 620
-
total
9 617
-
33 759
-
Employer
46 078
-
135 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
89 806
140 500
-
-
income
31 432
49 176
-
-
total
31 432
49 176
-
-
Dividends
58 374
91 324
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
140 500
140 500
140 500
140 500
Total tax
50 973
54 483
38 379
35 322
After tax
89 527
86 017
102 121
105 178
Living cost
36 461
36 461
36 461
36 461
Free-cash
53 066
49 556
65 660
68 717

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽58610
₽62339
₽58624
₽45706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
income
-
-
-
36 306
pensions
-
-
-
8 302
total
-
-
-
44 608
Employee
51 155
-
123 071
-
health
667
-
1 925
-
income
9 316
-
27 695
-
pensions
3 904
-
10 476
-
total
13 887
-
40 096
-
Employer
51 155
-
123 071
-
pensions
5 168
-
15 092
-
health
972
-
2 338
-
total
6 140
-
17 430
-
Corporate
83 204
140 500
-
-
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.

15 810
26 694
-
-
total
15 810
26 694
-
-
Dividends
67 395
113 806
-
-
withholding
5 056
17 928
-
-
total
5 056
17 928
-
-
Income
140 500
140 500
140 500
140 500
Total tax
40 893
44 622
57 526
44 608
After tax
99 607
95 878
82 974
95 892
Living cost
37 268
37 268
37 268
37 268
Free-cash
62 339
58 610
45 706
58 624

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽12489
₽7718
₽72308
₽51182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
accident
-
-
-
253
income
-
-
-
37 345
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
44 323
Employee
37 547
-
124 338
-
health
4 299
-
14 237
-
income
5 151
-
27 405
-
pensions
4 228
-
7 645
-
total
13 678
-
49 287
-
Employer
37 547
-
124 338
-
accident
627
-
2 077
-
unemployment
920
-
3 046
-
pensions
6 105
-
11 039
-
total
7 652
-
16 162
-
Corporate
95 302
140 500
-
-
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.

85 772
126 450
-
-
total
85 772
126 450
-
-
Dividends
9 530
14 050
-
-
withholding
1 811
2 670
-
-
total
1 811
2 670
-
-
Income
140 500
140 500
140 500
140 500
Total tax
108 913
129 120
65 449
44 323
After tax
31 587
11 380
75 051
96 177
Living cost
23 869
23 869
23 869
23 869
Free-cash
7 718
-12 489
51 182
72 308

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽104665
₽99965
₽65683
₽82234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
140 500
work injury
-
-
-
702
health insurance
-
-
-
10 397
income
-
-
-
22 614
pensions
-
-
-
25 852
unemployment
-
-
-
1 686
total
-
-
-
61 251
Employee

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

21 706
-
140 500
-
work injury
109
-
402
-
income
2 171
-
22 614
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
44 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 794
140 500
-
-
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%.

1 188
1 405
-
-
total
1 188
1 405
-
-
Dividends
117 606
139 095
-
-
withholding
17 641
20 864
-
-
total
17 641
20 864
-
-
Income
140 500
140 500
140 500
140 500
Total tax
26 969
22 269
44 700
61 251
After tax
113 531
118 231
95 800
79 249
Living cost
13 566
13 566
13 566
13 566
Free-cash
99 965
104 665
82 234
65 683

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33992
₽29422
₽27592
₽21165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
140 500
municipal
-
-
-
940
regional
-
-
-
3 174
national
-
-
-
32 644
social contributions
-
-
-
36 136
total
-
-
-
72 894
Employee
84 640
-
140 500
-
social contributions
28 540
-
47 376
-
regional
1 278
-
2 734
-
municipal
505
-
839
-
national
14 303
-
28 372
-
total
44 626
-
79 321
-
Employer
84 640
-
140 500
-
total
-
-
-
-
Corporate
55 860
140 500
-
-
nationa
13 406
33 721
-
-
municipal
2 693
6 772
-
-
total
16 099
40 493
-
-
Dividends
39 761
100 007
-
-
withholding
10 339
26 001
-
-
total
10 339
26 001
-
-
Income
140 500
140 500
140 500
140 500
Total tax
71 064
66 494
79 321
72 894
After tax
69 436
74 006
61 179
67 606
Living cost
40 014
40 014
40 014
40 014
Free-cash
29 422
33 992
21 165
27 592

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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