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
₽ 141500
per

Your estimated
City
free-cash

Dresden , Germany
₽40860
₽52024
₽47239
₽62135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
trade
-
-
-
14 896
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.

-
-
-
39 719
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.

-
-
-
6 894
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.

-
-
-
2 185
total
-
-
-
63 694
Employee

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

38 599
-
141 500
-
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.

6 894
-
6 894
-
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
-
2 185
-
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.

1 078
-
39 719
-
total
8 031
-
48 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 901
141 500
-
-
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.

848
1 168
-
-
income
15 436
21 225
-
-
trade
16 207
22 286
-
-
chamber of commerce
301
356
-
-
total
32 792
45 035
-
-
Dividends
70 109
96 465
-
-
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.

942
1 306
-
-
withholding
17 144
23 732
-
-
total
18 086
25 038
-
-
Income
141 500
141 500
141 500
141 500
Total tax
58 909
70 073
48 798
63 694
After tax
82 591
71 427
92 702
77 806
Living cost
30 567
30 567
30 567
30 567
Free-cash
52 024
40 860
62 135
47 239

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37302
₽36454
₽33128
₽34238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
municipal
-
-
-
15 248
pensions
-
-
-
16 980
national
-
-
-
23 629
social contributions
-
-
-
1 521
total
-
-
-
57 378
Employee
79 050
-
122 325
-
municipal
9 764
-
15 796
-
pensions
3 162
-
4 893
-
national
15 130
-
24 478
-
total
28 056
-
45 167
-
Employer
79 050
-
122 325
-
social contributions
850
-
1 315
-
pensions
6 324
-
9 786
-
total
7 174
-
11 101
-
Corporate
50 059
141 500
-
-
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%.

10 012
28 300
-
-
total
10 012
28 300
-
-
Dividends
40 047
113 200
-
-
withholding
8 810
24 904
-
-
total
8 810
24 904
-
-
Income
141 500
141 500
141 500
141 500
Total tax
54 052
53 204
56 268
57 378
After tax
87 448
88 296
85 232
84 122
Living cost
50 994
50 994
50 994
50 994
Free-cash
36 454
37 302
34 238
33 128

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92206
₽83927
₽23255
₽58299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
microenterprise
-
-
-
-
income
-
-
-
22 502
surtax
-
-
-
36 082
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.

-
-
-
38 666
total
-
-
-
97 250
Employee
29 488
-
114 030
-
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.

3 244
-
12 544
-
surtax
-
-
-
-
income
5 249
-
22 192
-
total
8 493
-
34 736
-
Employer
29 488
-
114 030
-
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.

7 103
-
27 470
-
surtax
-
-
-
-
total
7 103
-
27 470
-
Corporate
104 909
141 500
-
-
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%.

20 982
28 299
-
-
total
20 982
28 299
-
-
Dividends

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

83 927
113 201
-
-
total
-
-
-
-
Income
141 500
141 500
141 500
141 500
Total tax
36 578
28 299
62 206
97 250
After tax
104 922
113 201
79 294
44 250
Living cost
20 995
20 995
20 995
20 995
Free-cash
83 927
92 206
58 299
23 255

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27242
₽21058
₽38367
₽42096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
36 589
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
60 857
Employee
86 179
86 179
122 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 374
-
Employer
86 179
86 179
122 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
41 287
40 230
-
-
income
8 258
8 045
-
-
total
8 258
8 045
-
-
Dividends
33 030
32 185
-
-
income
7 019
6 839
-
-
withholding
4 954
4 828
-
-
total
11 973
11 667
-
-
Income
141 500
141 500
141 500
141 500
Total tax
78 167
71 983
57 128
60 857
After tax
63 333
69 517
84 372
80 643
Living cost
42 276
42 276
42 276
42 276
Free-cash
21 058
27 242
42 096
38 367

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38269
₽37393
₽35559
₽34613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
municipal
-
-
-
34 813
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
7 382
total
-
-
-
66 951
Employee
55 558
-
114 651
-
municipal
16 567
-
34 189
-
national
-
-
6 859
-
total
16 567
-
41 048
-
Employer
55 558
-
114 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
68 486
141 500
-
-
income
15 067
31 130
-
-
total
15 067
31 130
-
-
Dividends
53 419
110 370
-
-
withholding
16 026
33 111
-
-
total
16 026
33 111
-
-
Income
141 500
141 500
141 500
141 500
Total tax
65 117
64 241
67 897
66 951
After tax
76 383
77 259
73 603
74 549
Living cost
38 990
38 990
38 990
38 990
Free-cash
37 393
38 269
34 613
35 559

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31057
₽45237
₽37500
₽53058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
trade
-
-
-
15 558
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.

-
-
-
39 719
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.

-
-
-
6 894
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.

-
-
-
2 185
total
-
-
-
64 356
Employee

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

51 177
-
141 500
-
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.

6 894
-
6 894
-
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.

241
-
2 185
-
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.

4 397
-
39 719
-
total
11 532
-
48 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 323
141 500
-
-
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.

745
1 168
-
-
income
13 549
21 225
-
-
trade
14 857
23 276
-
-
chamber of commerce
282
354
-
-
total
29 433
46 023
-
-
Dividends
60 890
95 477
-
-
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.

816
1 291
-
-
withholding
14 838
23 485
-
-
total
15 654
24 776
-
-
Income
141 500
141 500
141 500
141 500
Total tax
56 619
70 799
48 798
64 356
After tax
84 881
70 701
92 702
77 144
Living cost
39 644
39 644
39 644
39 644
Free-cash
45 237
31 057
53 058
37 500

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70614
₽66426
₽65799
₽64454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
23 033
health
-
-
-
3 608
social contributions
-
-
-
16 328
total
-
-
-
42 969
Employee
77 600
77 600
130 400
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 218
-
income
8 149
7 183
22 309
-
total
12 692
14 942
33 214
-
Employer
77 600
77 600
130 400
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 413
-
total
4 612
7 876
11 100
-
Corporate
91 465
56 023
-
-
income
11 433
7 003
-
-
total
11 433
7 003
-
-
Dividends
80 032
49 020
-
-
withholding
13 605
8 333
-
-
total
13 605
8 333
-
-
Income
141 500
141 500
141 500
141 500
Total tax
42 342
38 154
44 314
42 969
After tax
99 158
103 346
97 186
98 531
Living cost
32 732
32 732
32 732
32 732
Free-cash
66 426
70 614
64 454
65 799

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61227
₽61608
₽79687
₽63691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
17 298
pensions
-
-
-
14 150
unemployment
-
-
-
2 123
health
-
-
-
9 905
total
-
-
-
43 476
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.

26 470
10 535
118 410
-
health
1 853
737
8 289
-
income
3 236
1 288
14 476
-
pensions
2 647
1 053
11 841
-
unemployment
397
158
1 776
-
total
8 133
3 236
36 382
-
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.

26 470
10 535
118 410
-
pensions
5 162
2 054
23 090
-
total
5 162
2 054
23 090
-
Corporate
109 869
128 911
-
-
income
9 888
11 602
-
-
total
9 888
11 602
-
-
Dividends
99 981
117 309
-
-
social contributions
19 376
22 755
-
-
withholding
18 996
22 289
-
-
total
38 372
45 044
-
-
Income
141 500
141 500
141 500
141 500
Total tax
61 555
61 936
59 472
43 476
After tax
79 945
79 564
82 028
98 024
Living cost
18 337
18 337
18 337
18 337
Free-cash
61 608
61 227
63 691
79 687

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88826
₽82555
₽51471
₽57184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
18 961
pensions
-
-
-
28 299
health
-
-
-
18 394
total
-
-
-
65 654
Employee
28 629
-
105 753
-
income
3 223
-
20 390
-
pensions
573
-
2 114
-
unemployment
458
-
1 693
-
total
4 254
-
24 197
-
Employer
28 629
-
105 753
-
unemployment
230
-
846
-
pensions
5 726
-
21 150
-
health
3 721
-
13 748
-
total
9 677
-
35 744
-
Corporate
103 195
141 500
-
-
income
20 639
28 299
-
-
total
20 639
28 299
-
-
Dividends
82 556
113 201
-
-
total
-
-
-
-
Income
141 500
141 500
141 500
141 500
Total tax
34 570
28 299
59 941
65 654
After tax
106 930
113 201
81 559
75 846
Living cost
24 375
24 375
24 375
24 375
Free-cash
82 555
88 826
57 184
51 471

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10608
₽8075
₽74787
₽53554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
accident
-
-
-
253
income
-
-
-
37 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 644
Employee
34 715
-
125 287
-
health
3 975
-
14 345
-
income
4 763
-
27 665
-
pensions
3 909
-
7 653
-
total
12 647
-
49 663
-
Employer
34 715
-
125 287
-
accident
580
-
2 092
-
unemployment
850
-
3 070
-
pensions
5 645
-
11 052
-
total
7 075
-
16 214
-
Corporate
99 710
141 500
-
-
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.

89 739
127 350
-
-
total
89 739
127 350
-
-
Dividends
9 971
14 150
-
-
withholding
1 895
2 689
-
-
total
1 895
2 689
-
-
Income
141 500
141 500
141 500
141 500
Total tax
111 356
130 039
65 877
44 644
After tax
30 144
11 461
75 623
96 856
Living cost
22 069
22 069
22 069
22 069
Free-cash
8 075
-10 608
53 554
74 787

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125346
₽123644
₽131006
₽104121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
141 500
microenterprise

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

-
-
-
1 415
total
-
-
-
1 415
Employee
11 349
-
141 500
-
income
2 269
-
28 300
-
total
2 269
-
28 300
-
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%.

130 151
141 500
-
-
total
-
-
-
-
Dividends
130 151
141 500
-
-
withholding
6 508
7 075
-
-
total
6 508
7 075
-
-
Income
141 500
141 500
141 500
141 500
Total tax
8 777
7 075
28 300
1 415
After tax
132 723
134 425
113 200
140 085
Living cost
9 079
9 079
9 079
9 079
Free-cash
123 644
125 346
104 121
131 006

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
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.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77071
₽70254
₽48325
₽54180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
19 377
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.

-
-
-
33 960
other
-
-
-
6 722
health
-
-
-
6 226
total
-
-
-
66 285
Employee
36 642
-
113 021
-
health
513
-
1 582
-
income
6 308
-
21 328
-
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.

2 564
-
7 911
-
unemployment
366
-
1 130
-
total
9 751
-
31 951
-
Employer
36 642
-
113 021
-
accident
293
-
904
-
other
1 833
-
5 651
-
unemployment
366
-
1 130
-
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.

6 230
-
19 212
-
health
513
-
1 582
-
total
9 235
-
28 479
-
Corporate
95 624
141 500
-
-
income
20 082
29 714
-
-
total
20 082
29 714
-
-
Dividends
75 542
111 786
-
-
withholding
5 288
7 825
-
-
total
5 288
7 825
-
-
Income
141 500
141 500
141 500
141 500
Total tax
44 356
37 539
60 430
66 285
After tax
97 144
103 961
81 070
75 215
Living cost
26 890
26 890
26 890
26 890
Free-cash
70 254
77 071
54 180
48 325

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28873
₽24385
₽28875
₽15863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
36 525
pensions
-
-
-
8 373
total
-
-
-
44 898
Employee
95 823
-
123 950
-
health
1 579
-
1 941
-
income
17 273
-
27 849
-
pensions
9 244
-
10 570
-
total
28 096
-
40 360
-
Employer
95 823
-
123 950
-
pensions
11 314
-
15 195
-
health
1 820
-
2 355
-
total
13 134
-
17 550
-
Corporate
32 543
141 500
-
-
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.

6 182
26 885
-
-
total
6 182
26 885
-
-
Dividends
26 361
114 615
-
-
withholding
1 976
18 015
-
-
total
1 976
18 015
-
-
Income
141 500
141 500
141 500
141 500
Total tax
49 388
44 900
57 910
44 898
After tax
92 112
96 600
83 590
96 602
Living cost
67 727
67 727
67 727
67 727
Free-cash
24 385
28 873
15 863
28 875

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽107744
₽103053
₽97619
₽102775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
21 225
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
30 642
Employee
17 531
-
134 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
13 458
-
pensions

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

1 539
-
3 097
-
total
4 291
-
18 565
-
Employer
17 531
-
134 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
120 529
141 500
-
-
income
12 053
14 150
-
-
total
12 053
14 150
-
-
Dividends
108 476
127 350
-
-
withholding
5 424
6 367
-
-
total
5 424
6 367
-
-
Income
141 500
141 500
141 500
141 500
Total tax
25 208
20 517
25 486
30 642
After tax
116 292
120 983
116 014
110 858
Living cost
13 239
13 239
13 239
13 239
Free-cash
103 053
107 744
102 775
97 619

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13557
₽16096
₽24683
₽28412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
36 589
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
60 857
Employee
93 563
86 179
122 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
38 374
-
Employer
93 563
86 179
122 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
31 556
40 230
-
-
income
6 310
8 045
-
-
total
6 310
8 045
-
-
Dividends
25 245
32 185
-
-
income
5 364
6 839
-
-
withholding
3 786
4 828
-
-
total
9 150
11 667
-
-
Income
141 500
141 500
141 500
141 500
Total tax
69 444
71 983
57 128
60 857
After tax
72 056
69 517
84 372
80 643
Living cost
55 960
55 960
55 960
55 960
Free-cash
16 096
13 557
28 412
24 683

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73253
₽64631
₽50305
₽47635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
13 143
health
-
-
-
19 103
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
67 025
Employee
35 544
-
105 597
-
social contributions
2 310
-
6 864
-
health
4 798
-
14 256
-
solidarity contribution
-
-
-
-
income
4 265
-
12 672
-
total
11 373
-
33 792
-
Employer
35 544
-
105 597
-
social contributions
8 886
-
26 399
-
health
3 199
-
9 504
-
total
12 085
-
35 903
-
Corporate
93 871
141 500
-
-
income
17 836
26 885
-
-
total
17 836
26 885
-
-
Dividends
76 036
114 615
-
-
withholding
11 405
17 192
-
-
total
11 405
17 192
-
-
Income
141 500
141 500
141 500
141 500
Total tax
52 699
44 077
69 695
67 025
After tax
88 801
97 423
71 805
74 475
Living cost
24 170
24 170
24 170
24 170
Free-cash
64 631
73 253
47 635
50 305

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32912
₽27644
₽27157
₽20424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
municipal
-
-
-
841
regional
-
-
-
1 631
national
-
-
-
32 894
social contributions
-
-
-
36 394
total
-
-
-
71 760
Employee
89 689
-
141 500
-
social contributions
30 243
-
47 714
-
regional
846
-
1 438
-
municipal
475
-
751
-
national
15 541
-
28 590
-
total
47 105
-
78 493
-
Employer
89 689
-
141 500
-
total
-
-
-
-
Corporate
51 811
141 500
-
-
nationa
12 435
33 960
-
-
municipal
2 020
5 519
-
-
total
14 455
39 479
-
-
Dividends
37 356
102 020
-
-
withholding
9 713
26 526
-
-
total
9 713
26 526
-
-
Income
141 500
141 500
141 500
141 500
Total tax
71 273
66 005
78 493
71 760
After tax
70 227
75 495
63 007
69 740
Living cost
42 583
42 583
42 583
42 583
Free-cash
27 644
32 912
20 424
27 157

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66734
₽63595
₽44873
₽41652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
32 976
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 652
total
-
-
-
74 358
Employee
33 373
-
116 893
-
other
-
-
-
-
health
852
-
2 980
-
surtax
109
-
4 142
-
income
5 594
-
29 919
-
pensions
2 225
-
7 796
-
unemployment
2 323
-
8 135
-
total
11 103
-
52 972
-
Employer
33 373
-
116 893
-
other
-
-
-
-
unemployment
1 057
-
3 706
-
pensions
4 449
-
15 581
-
health
1 519
-
5 320
-
total
7 025
-
24 607
-
Corporate
101 103
141 500
-
-
income
26 286
36 791
-
-
total
26 286
36 791
-
-
Dividends
74 816
104 709
-
-
withholding
11 222
15 706
-
-
total
11 222
15 706
-
-
Income
141 500
141 500
141 500
141 500
Total tax
55 636
52 497
77 579
74 358
After tax
85 864
89 003
63 921
67 142
Living cost
22 269
22 269
22 269
22 269
Free-cash
63 595
66 734
41 652
44 873

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50331
₽51781
₽50333
₽37321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
36 525
pensions
-
-
-
8 373
total
-
-
-
44 898
Employee
64 218
-
123 950
-
health
932
-
1 941
-
income
11 566
-
27 849
-
pensions
5 451
-
10 570
-
total
17 949
-
40 360
-
Employer
64 218
-
123 950
-
pensions
6 952
-
15 195
-
health
1 220
-
2 355
-
total
8 172
-
17 550
-
Corporate
69 110
141 500
-
-
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.

13 132
26 885
-
-
total
13 132
26 885
-
-
Dividends
55 979
114 615
-
-
withholding
4 197
18 015
-
-
total
4 197
18 015
-
-
Income
141 500
141 500
141 500
141 500
Total tax
43 450
44 900
57 910
44 898
After tax
98 050
96 600
83 590
96 602
Living cost
46 269
46 269
46 269
46 269
Free-cash
51 781
50 331
37 321
50 333

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽11568
₽21063
₽39758
₽32883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
city
-
-
-
1 491
pensions
-
-
-
13 017
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.

-
-
-
2 831
regional
-
-
-
6 159
health
-
-
-
319
national
-
-
-
1 652
total
-
-
-
25 469
Employee
89 259
-
126 651
-
city
958
-
1 361
-
regional
2 923
-
5 279
-
health
202
-
284
-
pensions
7 499
-
10 639
-
unemployment
-
-
-
-
national
422
-
1 325
-
total
12 004
-
18 888
-
Employer
89 259
-
126 651
-
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.

1 785
-
2 533
-
unemployment
-
-
-
-
pensions
7 499
-
10 639
-
health
202
-
284
-
total
9 486
-
13 456
-
Corporate
41 775
141 500
-
-
regional
8 835
29 927
-
-
national
3 552
12 028
-
-
total
12 387
41 955
-
-
Dividends
29 388
99 545
-
-
withholding
10 287
34 840
-
-
total
10 287
34 840
-
-
Income
141 500
141 500
141 500
141 500
Total tax
44 164
76 795
32 344
25 469
After tax
97 336
64 705
109 156
116 031
Living cost
76 273
76 273
76 273
76 273
Free-cash
21 063
-11 568
32 883
39 758

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23742
₽40108
₽30250
₽46472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
trade
-
-
-
16 221
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.

-
-
-
39 719
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.

-
-
-
6 894
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.

-
-
-
2 185
total
-
-
-
65 019
Employee

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

60 649
-
141 500
-
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.

6 894
-
6 894
-
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.

393
-
2 185
-
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.

7 132
-
39 719
-
total
14 419
-
48 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 851
141 500
-
-
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.

666
1 168
-
-
income
12 128
21 225
-
-
trade
13 865
24 268
-
-
chamber of commerce
266
352
-
-
total
26 925
47 013
-
-
Dividends
53 925
94 487
-
-
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.

720
1 277
-
-
withholding
13 097
23 238
-
-
total
13 817
24 515
-
-
Income
141 500
141 500
141 500
141 500
Total tax
55 161
71 528
48 798
65 019
After tax
86 339
69 972
92 702
76 481
Living cost
46 230
46 230
46 230
46 230
Free-cash
40 108
23 742
46 472
30 250

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36791
₽42753
₽45800
₽47297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
19 217
pensions
-
-
-
28 688
other
-
-
-
4 386
health
-
-
-
4 851
surtax
-
-
-
-
social contributions
-
-
-
4 031
total
-
-
-
61 173
Employee
43 191
-
111 669
-
social contributions
1 231
-
3 181
-
surtax
-
-
-
-
income
2 549
-
19 796
-
pensions
4 883
-
6 869
-
total
8 663
-
29 846
-
Employer
43 191
-
111 669
-
other
1 490
-
3 975
-
social contributions
130
-
335
-
unemployment
1 748
-
4 523
-
pensions
7 095
-
11 725
-
health
3 024
-
9 272
-
total
13 487
-
29 830
-
Corporate
84 821
141 500
-
-
surtax
-
-
-
-
income
23 749
39 619
-
-
total
23 749
39 619
-
-
Dividends
61 072
101 881
-
-
surtax
-
-
-
-
social contributions
10 504
17 523
-
-
withholding
7 817
13 040
-
-
total
18 321
30 563
-
-
Income
141 500
141 500
141 500
141 500
Total tax
64 220
70 182
59 676
61 173
After tax
77 280
71 318
81 824
80 327
Living cost
34 527
34 527
34 527
34 527
Free-cash
42 753
36 791
47 297
45 800

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40212
₽45817
₽49221
₽50718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
19 217
pensions
-
-
-
28 688
other
-
-
-
4 386
health
-
-
-
4 851
surtax
-
-
-
-
social contributions
-
-
-
4 031
total
-
-
-
61 173
Employee
38 554
-
111 669
-
social contributions
1 099
-
3 181
-
surtax
-
-
-
-
income
1 988
-
19 796
-
pensions
4 361
-
6 869
-
total
7 448
-
29 846
-
Employer
38 554
-
111 669
-
other
1 331
-
3 975
-
social contributions
115
-
335
-
unemployment
1 561
-
4 523
-
pensions
6 335
-
11 725
-
health
2 698
-
9 272
-
total
12 040
-
29 830
-
Corporate
90 906
141 500
-
-
surtax
-
-
-
-
income
25 453
39 619
-
-
total
25 453
39 619
-
-
Dividends
65 452
101 881
-
-
surtax
-
-
-
-
social contributions
11 257
17 523
-
-
withholding
8 379
13 040
-
-
total
19 636
30 563
-
-
Income
141 500
141 500
141 500
141 500
Total tax
64 577
70 182
59 676
61 173
After tax
76 923
71 318
81 824
80 327
Living cost
31 106
31 106
31 106
31 106
Free-cash
45 817
40 212
50 718
49 221

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64930
₽65452
₽69474
₽67620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
21 225
health
-
-
-
9 876
social contributions
-
-
-
19 526
total
-
-
-
50 627
Employee
34 217
-
141 500
-
social contributions
4 723
-
19 526
-
health
2 388
-
9 876
-
income
5 707
-
23 079
-
total
12 818
-
52 481
-
Employer
34 217
-
141 500
-
total
-
-
-
-
Corporate
107 283
141 500
-
-
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%.

5 364
7 074
-
-
total
5 364
7 074
-
-
Dividends
101 919
134 426
-
-
health
7 115
9 382
-
-
social contributions
14 064
18 551
-
-
withholding
15 288
20 164
-
-
total
36 467
48 097
-
-
Income
141 500
141 500
141 500
141 500
Total tax
54 649
55 171
52 481
50 627
After tax
86 851
86 329
89 019
90 873
Living cost
21 399
21 399
21 399
21 399
Free-cash
65 452
64 930
67 620
69 474

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43078
₽41517
₽36339
₽2147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
chamber of commerce
-
-
-
567
income
-
-
-
31 817
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
69 602
Employee
50 434
40 217
109 723
-
other
504
402
1 097
-
health
1 951
1 557
4 246
-
income
5 741
2 966
25 674
-
pensions
5 165
4 117
11 236
-
unemployment
1 513
1 207
3 292
-
total
14 874
10 249
45 545
-
Employer
50 434
40 217
109 723
-
accident
655
523
1 427
-
other
2 396
1 909
5 211
-
chamber of commerce
201
161
439
-
unemployment
1 513
1 207
3 292
-
surtax
199
199
199
-
pensions
6 329
5 048
13 769
-
payroll
1 513
1 207
3 292
-
health
1 906
1 521
4 148
-
total
14 712
11 775
31 777
-
Corporate
76 355
89 509
105 893
-
income

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

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

19 090
22 378
26 472
-
total
19 090
22 378
26 472
-
Dividends
57 265
67 131
-
-
withholding
15 748
18 461
-
-
total
15 748
18 461
-
-
Income
141 500
141 500
141 500
141 500
Total tax
64 424
62 863
103 794
69 602
After tax
77 076
78 637
37 706
71 898
Living cost
35 559
35 559
35 559
35 559
Free-cash
41 517
43 078
2 147
36 339

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42416
₽27281
₽25595
₽15044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
national
-
-
-
49 702
communal

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

-
-
-
7 155
social contributions
-
-
-
22 252
total
-
-
-
79 109
Employee

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

72 186
-
109 595
-
communal

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

3 765
-
5 717
-
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.

3 392
-
5 152
-
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.

5 414
-
8 220
-
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.

628
-
954
-
national
22 193
-
37 712
-
total
35 392
-
57 755
-
Employer

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

72 186
-
109 595
-
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.

938
-
1 425
-
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.

1 053
-
1 601
-
surtax
8 185
-
12 429
-
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.

6 396
-
9 709
-
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.

4 439
-
6 741
-
total
21 011
-
31 905
-
Corporate
48 301
141 500
-
-
surtax
193
567
-
-
income
9 660
28 299
-
-
total
9 853
28 866
-
-
Dividends
38 448
112 634
-
-
withholding

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

11 167
33 422
-
-
total
11 167
33 422
-
-
Income
141 500
141 500
141 500
141 500
Total tax
77 423
62 288
89 660
79 109
After tax
64 077
79 212
51 840
62 391
Living cost
36 796
36 796
36 796
36 796
Free-cash
27 281
42 416
15 044
25 595

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58311
₽50764
₽43252
₽38403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
accident
-
-
-
843
income
-
-
-
33 741
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
61 803
Employee
50 234
-
111 680
-
other
50
-
94
-
income
10 599
-
30 891
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
36 832
-
Employer
50 234
-
111 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
75 254
141 500
-
-
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.

11 288
21 225
-
-
total
11 288
21 225
-
-
Dividends
63 967
120 275
-
-
withholding
13 203
25 519
-
-
total
13 203
25 519
-
-
Income
141 500
141 500
141 500
141 500
Total tax
54 291
46 744
66 652
61 803
After tax
87 209
94 756
74 848
79 697
Living cost
36 445
36 445
36 445
36 445
Free-cash
50 764
58 311
38 403
43 252

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29815
₽18907
₽19177
₽24815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
accident
-
-
-
1 193
income
-
-
-
19 179
pensions
-
-
-
21 210
health
-
-
-
9 941
surtax
-
-
-
7 015
communal
-
-
-
8 943
total
-
-
-
67 481
Employee
76 423
-
126 396
-
health
3 401
-
5 625
-
surtax
4 684
-
7 747
-
income
7 382
-
23 254
-
pensions
6 113
-
10 112
-
total
21 580
-
46 738
-
Employer
76 423
-
126 396
-
accident
688
-
1 138
-
pensions
6 113
-
10 112
-
health
2 331
-
3 855
-
total
9 132
-
15 105
-
Corporate
55 945
141 500
-
-
surtax
588
1 486
-
-
communal
3 777
9 551
-
-
income
8 392
21 225
-
-
total
12 757
32 262
-
-
Dividends
43 189
109 238
-
-
income
17 803
8 196
-
-
withholding
6 479
16 385
-
-
total
24 282
24 581
-
-
Income
141 500
141 500
141 500
141 500
Total tax
67 751
56 843
61 843
67 481
After tax
73 749
84 657
79 657
74 019
Living cost
54 842
54 842
54 842
54 842
Free-cash
18 907
29 815
24 815
19 177

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66336
₽63128
₽44475
₽41254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
32 976
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 652
total
-
-
-
74 358
Employee
33 985
-
116 893
-
other
-
-
-
-
health
868
-
2 980
-
surtax
121
-
4 142
-
income
5 697
-
29 919
-
pensions
2 267
-
7 796
-
unemployment
2 365
-
8 135
-
total
11 318
-
52 972
-
Employer
33 985
-
116 893
-
other
-
-
-
-
unemployment
1 078
-
3 706
-
pensions
4 531
-
15 581
-
health
1 545
-
5 320
-
total
7 154
-
24 607
-
Corporate
100 360
141 500
-
-
income
26 093
36 791
-
-
total
26 093
36 791
-
-
Dividends
74 267
104 709
-
-
withholding
11 140
15 706
-
-
total
11 140
15 706
-
-
Income
141 500
141 500
141 500
141 500
Total tax
55 705
52 497
77 579
74 358
After tax
85 795
89 003
63 921
67 142
Living cost
22 667
22 667
22 667
22 667
Free-cash
63 128
66 336
41 254
44 475

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47192
₽44950
₽42052
₽35356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
municipal
-
-
-
841
regional
-
-
-
2 134
national
-
-
-
32 894
social contributions
-
-
-
36 394
total
-
-
-
72 263
Employee
55 980
-
141 500
-
social contributions
18 877
-
47 714
-
regional
754
-
1 904
-
municipal
297
-
751
-
national
8 869
-
28 590
-
total
28 797
-
78 959
-
Employer
55 980
-
141 500
-
total
-
-
-
-
Corporate
85 520
141 500
-
-
nationa
20 524
33 960
-
-
municipal
4 250
7 032
-
-
total
24 774
40 992
-
-
Dividends
60 746
100 508
-
-
withholding
15 794
26 131
-
-
total
15 794
26 131
-
-
Income
141 500
141 500
141 500
141 500
Total tax
69 365
67 123
78 959
72 263
After tax
72 135
74 377
62 541
69 237
Living cost
27 185
27 185
27 185
27 185
Free-cash
44 950
47 192
35 356
42 052

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67640
₽57014
₽44692
₽42022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
13 143
health
-
-
-
19 103
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
67 025
Employee
43 799
-
105 597
-
social contributions
2 847
-
6 864
-
health
5 913
-
14 256
-
solidarity contribution
-
-
-
-
income
5 256
-
12 672
-
total
14 016
-
33 792
-
Employer
43 799
-
105 597
-
social contributions
10 950
-
26 399
-
health
3 942
-
9 504
-
total
14 892
-
35 903
-
Corporate
82 809
141 500
-
-
income
15 734
26 885
-
-
total
15 734
26 885
-
-
Dividends
67 075
114 615
-
-
withholding
10 061
17 192
-
-
total
10 061
17 192
-
-
Income
141 500
141 500
141 500
141 500
Total tax
54 703
44 077
69 695
67 025
After tax
86 797
97 423
71 805
74 475
Living cost
29 783
29 783
29 783
29 783
Free-cash
57 014
67 640
42 022
44 692

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46549
₽46051
₽39901
₽5546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
chamber of commerce
-
-
-
567
income
-
-
-
31 817
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
69 403
Employee
44 114
40 217
109 876
-
other
440
402
1 099
-
health
1 706
1 557
4 251
-
income
3 930
2 966
25 725
-
pensions
4 518
4 117
11 251
-
unemployment
1 323
1 207
3 296
-
total
11 917
10 249
45 622
-
Employer
44 114
40 217
109 876
-
accident
573
523
1 429
-
other
2 095
1 909
5 221
-
chamber of commerce
176
161
439
-
unemployment
1 323
1 207
3 296
-
surtax
-
-
-
-
pensions
5 537
5 048
13 789
-
payroll
1 323
1 207
3 296
-
health
1 668
1 521
4 154
-
total
12 695
11 576
31 624
-
Corporate
84 691
89 708
106 048
-
income

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

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

21 173
22 428
26 512
-
total
21 173
22 428
26 512
-
Dividends
63 518
67 281
-
-
withholding
17 468
18 502
-
-
total
17 468
18 502
-
-
Income
141 500
141 500
141 500
141 500
Total tax
63 253
62 755
103 758
69 403
After tax
78 247
78 745
37 742
72 097
Living cost
32 196
32 196
32 196
32 196
Free-cash
46 051
46 549
5 546
39 901

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120276
₽117623
₽125936
₽99051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
141 500
microenterprise

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

-
-
-
1 415
total
-
-
-
1 415
Employee
17 686
-
141 500
-
income
3 537
-
28 300
-
total
3 537
-
28 300
-
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%.

123 814
141 500
-
-
total
-
-
-
-
Dividends
123 814
141 500
-
-
withholding
6 191
7 075
-
-
total
6 191
7 075
-
-
Income
141 500
141 500
141 500
141 500
Total tax
9 728
7 075
28 300
1 415
After tax
131 772
134 425
113 200
140 085
Living cost
14 149
14 149
14 149
14 149
Free-cash
117 623
120 276
99 051
125 936

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70354
₽61914
₽43880
₽40133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
income
-
-
-
30 572
pensions
-
-
-
25 842
unemployment
-
-
-
213
health
-
-
-
13 925
total
-
-
-
70 552
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.

44 626
-
122 437
-
health
2 882
-
7 909
-
income
7 696
-
28 176
-
pensions
6 917
-
18 979
-
unemployment
63
-
172
-
total
17 558
-
55 236
-
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.

44 626
-
122 437
-
unemployment
27
-
73
-
pensions
3 949
-
10 836
-
health
2 972
-
8 154
-
total
6 948
-
19 063
-
Corporate
89 926
141 500
-
-
income
17 086
26 886
-
-
total
17 086
26 886
-
-
Dividends
72 840
114 614
-
-
withholding
10 926
17 192
-
-
total
10 926
17 192
-
-
Income
141 500
141 500
141 500
141 500
Total tax
52 518
44 078
74 299
70 552
After tax
88 982
97 422
67 201
70 948
Living cost
27 068
27 068
27 068
27 068
Free-cash
61 914
70 354
40 133
43 880

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42509
-₽9094
₽54208
₽84633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
27 581
social contributions
-
-
-
16 131
total
-
-
-
43 712
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
141 500
-
-
income
-
31 130
-
-
total
-
31 130
-
-
Dividends
-
110 370
-
-
income
-
24 281
-
-
total
-
24 281
-
-
Income
141 500
141 500
141 500
141 500
Total tax
107 014
55 411
13 287
43 712
After tax
34 486
86 089
128 213
97 788
Living cost
43 580
43 580
43 580
43 580
Free-cash
-9 094
42 509
84 633
54 208

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48832
₽47815
₽45361
₽35726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
income
-
-
-
15 313
surtax
-
-
-
-
social contributions

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

-
-
-
49 172
total
-
-
-
64 485
Employee
46 414
-
114 344
-
social contributions
5 106
-
12 578
-
surtax
-
-
-
-
income
9 654
-
34 386
-
total
14 760
-
46 964
-
Employer
46 414
-
114 344
-
social contributions
11 023
-
27 156
-
total
11 023
-
27 156
-
Corporate
84 063
141 500
-
-
surtax
-
-
-
-
income
17 653
29 714
-
-
total
17 653
29 714
-
-
Dividends
66 410
111 786
-
-
withholding
18 595
31 300
-
-
total
18 595
31 300
-
-
Income
141 500
141 500
141 500
141 500
Total tax
62 031
61 014
74 120
64 485
After tax
79 469
80 486
67 380
77 015
Living cost
31 654
31 654
31 654
31 654
Free-cash
47 815
48 832
35 726
45 361

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22576
₽29510
₽31585
₽33083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
19 217
pensions
-
-
-
28 688
other
-
-
-
4 386
health
-
-
-
4 851
surtax
-
-
-
-
social contributions
-
-
-
4 031
total
-
-
-
61 173
Employee
63 206
-
111 669
-
social contributions
1 800
-
3 181
-
surtax
-
-
-
-
income
5 515
-
19 796
-
pensions
7 149
-
6 869
-
total
14 464
-
29 846
-
Employer
63 206
-
111 669
-
other
2 181
-
3 975
-
social contributions
190
-
335
-
unemployment
2 560
-
4 523
-
pensions
10 386
-
11 725
-
health
4 424
-
9 272
-
total
19 741
-
29 830
-
Corporate
58 553
141 500
-
-
surtax
-
-
-
-
income
16 395
39 619
-
-
total
16 395
39 619
-
-
Dividends
42 158
101 881
-
-
surtax
-
-
-
-
social contributions
7 251
17 523
-
-
withholding
5 397
13 040
-
-
total
12 648
30 563
-
-
Income
141 500
141 500
141 500
141 500
Total tax
63 248
70 182
59 676
61 173
After tax
78 252
71 318
81 824
80 327
Living cost
48 742
48 742
48 742
48 742
Free-cash
29 510
22 576
33 083
31 585

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97014
₽93624
₽75127
₽78886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
4 908
social contributions
-
-
-
31 130
total
-
-
-
36 038
Employee
32 444
-
122 510
-
income
-
-
5 326
-
social contributions
2 109
-
7 963
-
total
2 109
-
13 289
-
Employer
32 444
-
122 510
-
social contributions
5 029
-
18 990
-
total
5 029
-
18 990
-
Corporate
104 027
141 500
-
-
income
10 403
14 151
-
-
total
10 403
14 151
-
-
Dividends
93 625
127 349
-
-
total
-
-
-
-
Income
141 500
141 500
141 500
141 500
Total tax
17 541
14 151
32 279
36 038
After tax
123 959
127 349
109 221
105 462
Living cost
30 335
30 335
30 335
30 335
Free-cash
93 624
97 014
78 886
75 127

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽78471
-₽78471
₽36930
-₽78471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
municipal
-
-
-
28 396
pensions
-
-
-
875
national
-
-
-
15 426
labour market
-
-
-
11 250
total
-
-
-
55 947
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
141 500
141 500
141 500
141 500
Total tax
171 348
171 348
171 348
55 947
After tax
-29 848
-29 848
-29 848
85 553
Living cost
48 623
48 623
48 623
48 623
Free-cash
-78 471
-78 471
-78 471
36 930

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10282
₽8127
₽75113
₽53880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
accident
-
-
-
253
income
-
-
-
37 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 644
Employee
34 203
-
125 287
-
health
3 917
-
14 345
-
income
4 692
-
27 665
-
pensions
3 852
-
7 653
-
total
12 461
-
49 663
-
Employer
34 203
-
125 287
-
accident
571
-
2 092
-
unemployment
838
-
3 070
-
pensions
5 561
-
11 052
-
total
6 970
-
16 214
-
Corporate
100 326
141 500
-
-
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.

90 293
127 350
-
-
total
90 293
127 350
-
-
Dividends
10 033
14 150
-
-
withholding
1 906
2 689
-
-
total
1 906
2 689
-
-
Income
141 500
141 500
141 500
141 500
Total tax
111 630
130 039
65 877
44 644
After tax
29 870
11 461
75 623
96 856
Living cost
21 743
21 743
21 743
21 743
Free-cash
8 127
-10 282
53 880
75 113

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52175
₽53442
₽57192
₽37788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
141 500
municipal
-
-
-
25 153
health
-
-
-
1 758
national
-
-
-
18 652
total
-
-
-
45 563
Employee
53 094
-
119 038
-
health
396
-
1 411
-
municipal
8 696
-
19 406
-
pensions
3 583
-
8 036
-
unemployment
797
-
1 785
-
national
877
-
11 867
-
total
14 349
-
42 505
-
Employer
53 094
-
119 038
-
accident
54
-
119
-
unemployment
345
-
774
-
pensions
9 212
-
20 652
-
health
408
-
917
-
total
10 019
-
22 462
-
Corporate
78 388
141 500
-
-
income
15 677
28 299
-
-
total
15 677
28 299
-
-
Dividends

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

47 033
84 901
-
-
national
801
6 999
-
-
municipal
8 467
15 282
-
-
total
9 268
22 281
-
-
Income
141 500
141 500
141 500
141 500
Total tax
49 313
50 580
64 967
45 563
After tax
92 187
90 920
76 533
95 937
Living cost
38 745
38 745
38 745
38 745
Free-cash
53 442
52 175
37 788
57 192

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79981
₽74488
₽75166
₽73821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
23 033
health
-
-
-
3 608
social contributions
-
-
-
16 328
total
-
-
-
42 969
Employee
77 600
77 600
130 400
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 218
-
income
8 449
7 183
22 309
-
total
11 984
14 942
33 214
-
Employer
77 600
77 600
130 400
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 413
-
total
3 587
7 876
11 100
-
Corporate
102 563
56 023
-
-
income
12 820
7 003
-
-
total
12 820
7 003
-
-
Dividends
89 744
49 020
-
-
withholding
15 256
8 333
-
-
total
15 256
8 333
-
-
Income
141 500
141 500
141 500
141 500
Total tax
43 647
38 154
44 314
42 969
After tax
97 853
103 346
97 186
98 531
Living cost
23 365
23 365
23 365
23 365
Free-cash
74 488
79 981
73 821
75 166

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101154
₽96018
₽101280
₽81038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
141 500
income
-
-
-
14 097
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
24 197
Employee

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

23 164
-
131 637
-
health
1 969
-
8 139
-
income
1 584
-
11 596
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
34 577
-
Employer

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

23 164
-
131 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
115 952
141 500
-
-
income
10 435
12 735
-
-
total
10 435
12 735
-
-
Dividends
105 517
128 765
-
-
withholding
9 497
11 588
-
-
total
9 497
11 588
-
-
Income
141 500
141 500
141 500
141 500
Total tax
29 459
24 323
44 439
24 197
After tax
112 041
117 177
97 061
117 303
Living cost
16 023
16 023
16 023
16 023
Free-cash
96 018
101 154
81 038
101 280

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67005
₽62202
₽51946
₽47097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
accident
-
-
-
843
income
-
-
-
33 741
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
61 803
Employee
37 315
-
111 680
-
other
36
-
94
-
income
7 194
-
30 891
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
36 832
-
Employer
37 315
-
111 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
92 289
141 500
-
-
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.

13 844
21 225
-
-
total
13 844
21 225
-
-
Dividends
78 444
120 275
-
-
withholding
16 244
25 519
-
-
total
16 244
25 519
-
-
Income
141 500
141 500
141 500
141 500
Total tax
51 547
46 744
66 652
61 803
After tax
89 953
94 756
74 848
79 697
Living cost
27 751
27 751
27 751
27 751
Free-cash
62 202
67 005
47 097
51 946

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85540
₽85086
₽87601
₽87403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
47 676
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
51 143
Employee
4 198
-
139 238
-
health
210
-
503
-
income
812
-
47 570
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
49 079
-
Employer
4 198
-
139 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
136 358
141 500
-
-
income
29 999
31 130
-
-
total
29 999
31 130
-
-
Dividends
106 359
110 370
-
-
withholding
21 272
22 074
-
-
total
21 272
22 074
-
-
Income
141 500
141 500
141 500
141 500
Total tax
53 658
53 204
51 341
51 143
After tax
87 842
88 296
90 159
90 357
Living cost
2 756
2 756
2 756
2 756
Free-cash
85 086
85 540
87 403
87 601

Estimated living cost  is ₽2756 per week

₽1638
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84781
₽79816
₽64695
₽64696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
income
-
-
-
31 159
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
59 352
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.

26 319
-
128 149
-
health
1 355
-
3 841
-
income
3 628
-
31 159
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
46 001
-
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.

26 319
-
128 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
110 470
141 500
-
-
income
16 571
21 225
-
-
total
16 571
21 225
-
-
Dividends
93 900
120 275
-
-
withholding
14 085
18 041
-
-
total
14 085
18 041
-
-
Income
141 500
141 500
141 500
141 500
Total tax
44 231
39 266
59 351
59 352
After tax
97 269
102 234
82 149
82 148
Living cost
17 453
17 453
17 453
17 453
Free-cash
79 816
84 781
64 696
64 695

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53280
₽52916
₽49809
₽40174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
income
-
-
-
15 313
surtax
-
-
-
-
social contributions

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

-
-
-
49 172
total
-
-
-
64 485
Employee
39 168
-
114 344
-
social contributions
4 309
-
12 578
-
surtax
-
-
-
-
income
7 653
-
34 386
-
total
11 962
-
46 964
-
Employer
39 168
-
114 344
-
social contributions
9 302
-
27 156
-
total
9 302
-
27 156
-
Corporate
93 030
141 500
-
-
surtax
-
-
-
-
income
19 536
29 714
-
-
total
19 536
29 714
-
-
Dividends
73 495
111 786
-
-
withholding
20 578
31 300
-
-
total
20 578
31 300
-
-
Income
141 500
141 500
141 500
141 500
Total tax
61 378
61 014
74 120
64 485
After tax
80 122
80 486
67 380
77 015
Living cost
27 206
27 206
27 206
27 206
Free-cash
52 916
53 280
40 174
49 809

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59289
₽52082
₽44230
₽39381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
accident
-
-
-
843
income
-
-
-
33 741
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
61 803
Employee
48 738
-
111 680
-
other
48
-
94
-
income
10 180
-
30 891
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
36 832
-
Employer
48 738
-
111 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
77 223
141 500
-
-
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.

11 584
21 225
-
-
total
11 584
21 225
-
-
Dividends
65 638
120 275
-
-
withholding
13 555
25 519
-
-
total
13 555
25 519
-
-
Income
141 500
141 500
141 500
141 500
Total tax
53 951
46 744
66 652
61 803
After tax
87 549
94 756
74 848
79 697
Living cost
35 467
35 467
35 467
35 467
Free-cash
52 082
59 289
39 381
44 230

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103612
₽97458
₽93487
₽98643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
21 225
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
30 642
Employee
23 001
-
134 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
13 458
-
pensions

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

2 019
-
3 097
-
total
5 630
-
18 565
-
Employer
23 001
-
134 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
113 986
141 500
-
-
income
11 399
14 150
-
-
total
11 399
14 150
-
-
Dividends
102 587
127 350
-
-
withholding
5 129
6 367
-
-
total
5 129
6 367
-
-
Income
141 500
141 500
141 500
141 500
Total tax
26 671
20 517
25 486
30 642
After tax
114 829
120 983
116 014
110 858
Living cost
17 370
17 370
17 370
17 370
Free-cash
97 458
103 612
98 643
93 487

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33921
₽47124
₽40169
₽53741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
trade
-
-
-
13 572
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.

-
-
-
39 719
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.

-
-
-
6 894
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.

-
-
-
2 185
total
-
-
-
62 370
Employee

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

50 212
-
141 500
-
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.

6 894
-
6 894
-
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.

228
-
2 185
-
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.

4 129
-
39 719
-
total
11 251
-
48 798
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 288
141 500
-
-
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.

753
1 168
-
-
income
13 693
21 225
-
-
trade
13 099
20 306
-
-
chamber of commerce
287
360
-
-
total
27 832
43 059
-
-
Dividends
63 456
98 441
-
-
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.

852
1 333
-
-
withholding
15 480
24 226
-
-
total
16 332
25 559
-
-
Income
141 500
141 500
141 500
141 500
Total tax
55 415
68 618
48 798
62 370
After tax
86 085
72 882
92 702
79 130
Living cost
38 961
38 961
38 961
38 961
Free-cash
47 124
33 921
53 741
40 169

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41563
₽43791
₽21326
₽21326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
39 920
social contributions
-
-
-
22 767
total
-
-
-
62 687
Employee
78 939
-
141 500
-
income
14 896
-
39 920
-
social contributions
6 558
-
22 767
-
total
21 454
-
62 687
-
Employer
78 939
-
141 500
-
total
-
-
-
-
Corporate
62 561
141 500
-
-
income
7 819
17 688
-
-
total
7 819
17 688
-
-
Dividends
54 741
123 812
-
-
withholding
10 949
24 762
-
-
total
10 949
24 762
-
-
Income
141 500
141 500
141 500
141 500
Total tax
40 222
42 450
62 687
62 687
After tax
101 278
99 050
78 813
78 813
Living cost
57 487
57 487
57 487
57 487
Free-cash
43 791
41 563
21 326
21 326

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50011
₽53537
₽69400
₽66188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
136 858
-
income
5 023
-
29 395
-
social contributions
4 638
-
4 642
-
total
9 661
-
34 037
-
Employer
46 295
-
136 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
90 567
141 500
-
-
income
31 699
49 524
-
-
total
31 699
49 524
-
-
Dividends
58 868
91 976
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
141 500
141 500
141 500
141 500
Total tax
51 330
54 856
38 679
35 467
After tax
90 170
86 644
102 821
106 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
53 537
50 011
66 188
69 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58985
₽62689
₽58987
₽45975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
income
-
-
-
36 525
pensions
-
-
-
8 373
total
-
-
-
44 898
Employee
51 632
-
123 950
-
health
674
-
1 941
-
income
9 403
-
27 849
-
pensions
3 941
-
10 570
-
total
14 018
-
40 360
-
Employer
51 632
-
123 950
-
pensions
5 217
-
15 195
-
health
981
-
2 355
-
total
6 198
-
17 550
-
Corporate
83 670
141 500
-
-
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.

15 897
26 885
-
-
total
15 897
26 885
-
-
Dividends
67 773
114 615
-
-
withholding
5 083
18 015
-
-
total
5 083
18 015
-
-
Income
141 500
141 500
141 500
141 500
Total tax
41 196
44 900
57 910
44 898
After tax
100 304
96 600
83 590
96 602
Living cost
37 615
37 615
37 615
37 615
Free-cash
62 689
58 985
45 975
58 987

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽12435
₽7794
₽72960
₽51727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
accident
-
-
-
253
income
-
-
-
37 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 644
Employee
37 589
-
125 287
-
health
4 304
-
14 345
-
income
5 157
-
27 665
-
pensions
4 233
-
7 653
-
total
13 694
-
49 663
-
Employer
37 589
-
125 287
-
accident
628
-
2 092
-
unemployment
921
-
3 070
-
pensions
6 112
-
11 052
-
total
7 661
-
16 214
-
Corporate
96 251
141 500
-
-
income

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

86 626
127 350
-
-
total
86 626
127 350
-
-
Dividends
9 625
14 150
-
-
withholding
1 829
2 689
-
-
total
1 829
2 689
-
-
Income
141 500
141 500
141 500
141 500
Total tax
109 810
130 039
65 877
44 644
After tax
31 690
11 461
75 623
96 856
Living cost
23 896
23 896
23 896
23 896
Free-cash
7 794
-12 435
51 727
72 960

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽105441
₽100719
₽66175
₽82898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
141 500
work injury
-
-
-
708
health insurance
-
-
-
10 471
income
-
-
-
22 781
pensions
-
-
-
26 036
unemployment
-
-
-
1 698
total
-
-
-
61 694
Employee

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

21 810
-
141 500
-
work injury
109
-
403
-
income
2 181
-
22 781
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
44 971
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 690
141 500
-
-
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%.

1 197
1 415
-
-
total
1 197
1 415
-
-
Dividends
118 493
140 085
-
-
withholding
17 774
21 013
-
-
total
17 774
21 013
-
-
Income
141 500
141 500
141 500
141 500
Total tax
27 150
22 428
44 971
61 694
After tax
114 350
119 072
96 529
79 806
Living cost
13 631
13 631
13 631
13 631
Free-cash
100 719
105 441
82 898
66 175

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽34330
₽29739
₽27862
₽21393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
141 500
municipal
-
-
-
946
regional
-
-
-
3 201
national
-
-
-
32 894
social contributions
-
-
-
36 394
total
-
-
-
73 435
Employee
85 039
-
141 500
-
social contributions
28 675
-
47 714
-
regional
1 284
-
2 755
-
municipal
507
-
845
-
national
14 371
-
28 590
-
total
44 837
-
79 904
-
Employer
85 039
-
141 500
-
total
-
-
-
-
Corporate
56 461
141 500
-
-
nationa
13 551
33 960
-
-
municipal
2 721
6 820
-
-
total
16 272
40 780
-
-
Dividends
40 189
100 720
-
-
withholding
10 449
26 187
-
-
total
10 449
26 187
-
-
Income
141 500
141 500
141 500
141 500
Total tax
71 558
66 967
79 904
73 435
After tax
69 942
74 533
61 596
68 065
Living cost
40 203
40 203
40 203
40 203
Free-cash
29 739
34 330
21 393
27 862

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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