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
₽ 142500
per

Your estimated
City
free-cash

Dresden , Germany
₽41363
₽52527
₽47639
₽62693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
trade
-
-
-
15 054
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.

-
-
-
40 140
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.

-
-
-
2 208
total
-
-
-
64 296
Employee

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

38 597
-
142 500
-
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
-
2 208
-
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
-
40 140
-
total
8 031
-
49 242
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 903
142 500
-
-
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.

858
1 176
-
-
income
15 586
21 375
-
-
trade
16 365
22 444
-
-
chamber of commerce
303
358
-
-
total
33 112
45 353
-
-
Dividends
70 791
97 147
-
-
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.

952
1 316
-
-
withholding
17 313
23 903
-
-
total
18 265
25 219
-
-
Income
142 500
142 500
142 500
142 500
Total tax
59 408
70 572
49 242
64 296
After tax
83 092
71 928
93 258
78 204
Living cost
30 565
30 565
30 565
30 565
Free-cash
52 527
41 363
62 693
47 639

Estimated living cost  is ₽30565 per week

₽19226
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37930
₽37081
₽33703
₽34822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
municipal
-
-
-
15 365
pensions
-
-
-
17 100
national
-
-
-
23 810
social contributions
-
-
-
1 532
total
-
-
-
57 807
Employee
79 044
-
123 190
-
municipal
9 763
-
15 917
-
pensions
3 162
-
4 928
-
national
15 129
-
24 664
-
total
28 054
-
45 509
-
Employer
79 044
-
123 190
-
social contributions
850
-
1 324
-
pensions
6 324
-
9 855
-
total
7 174
-
11 179
-
Corporate
51 066
142 500
-
-
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%.

10 213
28 500
-
-
total
10 213
28 500
-
-
Dividends
40 853
114 000
-
-
withholding
8 988
25 080
-
-
total
8 988
25 080
-
-
Income
142 500
142 500
142 500
142 500
Total tax
54 429
53 580
56 688
57 807
After tax
88 071
88 920
85 812
84 693
Living cost
50 990
50 990
50 990
50 990
Free-cash
37 081
37 930
34 822
33 703

Estimated living cost  is ₽50990 per week

₽34657
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
₽93005
₽84728
₽23773
₽58854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
microenterprise
-
-
-
-
income
-
-
-
22 732
surtax
-
-
-
36 337
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.

-
-
-
38 664
total
-
-
-
97 733
Employee
29 487
-
114 836
-
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
-
12 631
-
surtax
-
-
-
-
income
5 249
-
22 357
-
total
8 493
-
34 988
-
Employer
29 487
-
114 836
-
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
-
27 664
-
surtax
-
-
-
-
total
7 103
-
27 664
-
Corporate
105 910
142 500
-
-
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%.

21 182
28 501
-
-
total
21 182
28 501
-
-
Dividends

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

84 729
113 999
-
-
total
-
-
-
-
Income
142 500
142 500
142 500
142 500
Total tax
36 778
28 501
62 652
97 733
After tax
105 722
113 999
79 848
44 767
Living cost
20 994
20 994
20 994
20 994
Free-cash
84 728
93 005
58 854
23 773

Estimated living cost  is ₽20994 per week

₽13393
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
₽27751
₽21570
₽38852
₽42930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
37 108
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
61 375
Employee
86 174
86 174
123 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
14 276
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
38 543
-
Employer
86 174
86 174
123 747
-
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
42 293
41 235
-
-
income
8 458
8 248
-
-
total
8 458
8 248
-
-
Dividends
33 834
32 988
-
-
income
7 191
7 011
-
-
withholding
5 075
4 948
-
-
total
12 266
11 959
-
-
Income
142 500
142 500
142 500
142 500
Total tax
78 657
72 476
57 297
61 375
After tax
63 843
70 024
85 203
81 125
Living cost
42 273
42 273
42 273
42 273
Free-cash
21 570
27 751
42 930
38 852

Estimated living cost  is ₽42273 per week

₽29958
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.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38816
₽37940
₽36012
₽35066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
municipal
-
-
-
35 112
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
7 633
total
-
-
-
67 499
Employee
55 556
-
115 651
-
municipal
16 567
-
34 487
-
national
-
-
7 110
-
total
16 567
-
41 597
-
Employer
55 556
-
115 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
69 488
142 500
-
-
income
15 287
31 350
-
-
total
15 287
31 350
-
-
Dividends
54 201
111 150
-
-
withholding
16 260
33 345
-
-
total
16 260
33 345
-
-
Income
142 500
142 500
142 500
142 500
Total tax
65 571
64 695
68 445
67 499
After tax
76 929
77 805
74 055
75 001
Living cost
38 989
38 989
38 989
38 989
Free-cash
37 940
38 816
35 066
36 012

Estimated living cost  is ₽38989 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
₽31556
₽45736
₽37892
₽53616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
trade
-
-
-
15 724
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.

-
-
-
40 140
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.

-
-
-
2 208
total
-
-
-
64 966
Employee

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

51 174
-
142 500
-
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
-
2 208
-
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
-
40 140
-
total
11 532
-
49 242
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 326
142 500
-
-
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
1 176
-
-
income
13 698
21 375
-
-
trade
15 023
23 441
-
-
chamber of commerce
283
356
-
-
total
29 757
46 348
-
-
Dividends
61 569
96 152
-
-
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.

825
1 300
-
-
withholding
15 008
23 654
-
-
total
15 833
24 954
-
-
Income
142 500
142 500
142 500
142 500
Total tax
57 122
71 302
49 242
64 966
After tax
85 378
71 198
93 258
77 534
Living cost
39 642
39 642
39 642
39 642
Free-cash
45 736
31 556
53 616
37 892

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
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
₽71340
₽67152
₽66433
₽65085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
23 374
health
-
-
-
3 635
social contributions
-
-
-
16 327
total
-
-
-
43 336
Employee
77 596
77 596
131 384
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 233
-
income
8 148
7 183
22 649
-
total
12 691
14 942
33 568
-
Employer
77 596
77 596
131 384
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 430
-
total
4 612
7 876
11 116
-
Corporate
92 467
57 027
-
-
income
11 559
7 128
-
-
total
11 559
7 128
-
-
Dividends
80 909
49 900
-
-
withholding
13 755
8 483
-
-
total
13 755
8 483
-
-
Income
142 500
142 500
142 500
142 500
Total tax
42 617
38 429
44 684
43 336
After tax
99 883
104 071
97 816
99 164
Living cost
32 731
32 731
32 731
32 731
Free-cash
67 152
71 340
65 085
66 433

Estimated living cost  is ₽32731 per week

₽22375
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61788
₽62168
₽80382
₽64273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
17 421
pensions
-
-
-
14 250
unemployment
-
-
-
2 137
health
-
-
-
9 975
total
-
-
-
43 783
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.

26 467
10 533
119 247
-
health
1 853
737
8 347
-
income
3 236
1 288
14 578
-
pensions
2 647
1 053
11 925
-
unemployment
397
158
1 789
-
total
8 133
3 236
36 639
-
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.

26 467
10 533
119 247
-
pensions
5 161
2 054
23 253
-
total
5 161
2 054
23 253
-
Corporate
110 872
129 913
-
-
income
9 979
11 692
-
-
total
9 979
11 692
-
-
Dividends
100 894
118 221
-
-
social contributions
19 554
22 933
-
-
withholding
19 170
22 462
-
-
total
38 724
45 395
-
-
Income
142 500
142 500
142 500
142 500
Total tax
61 997
62 377
59 892
43 783
After tax
80 503
80 123
82 608
98 717
Living cost
18 335
18 335
18 335
18 335
Free-cash
62 168
61 788
64 273
80 382

Estimated living cost  is ₽18335 per week

₽12512
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.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89625
₽83356
₽52005
₽57762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
19 094
pensions
-
-
-
28 501
health
-
-
-
18 526
total
-
-
-
66 121
Employee
28 627
-
106 502
-
income
3 223
-
20 534
-
pensions
573
-
2 129
-
unemployment
458
-
1 704
-
total
4 254
-
24 367
-
Employer
28 627
-
106 502
-
unemployment
230
-
852
-
pensions
5 726
-
21 300
-
health
3 721
-
13 845
-
total
9 677
-
35 997
-
Corporate
104 197
142 500
-
-
income
20 839
28 501
-
-
total
20 839
28 501
-
-
Dividends
83 358
113 999
-
-
total
-
-
-
-
Income
142 500
142 500
142 500
142 500
Total tax
34 770
28 501
60 364
66 121
After tax
107 730
113 999
82 136
76 379
Living cost
24 374
24 374
24 374
24 374
Free-cash
83 356
89 625
57 762
52 005

Estimated living cost  is ₽24374 per week

₽16718
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10528
₽8157
₽75466
₽54130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
accident
-
-
-
253
income
-
-
-
37 976
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 963
Employee
34 719
-
126 246
-
health
3 975
-
14 455
-
income
4 763
-
27 936
-
pensions
3 909
-
7 654
-
total
12 647
-
50 045
-
Employer
34 719
-
126 246
-
accident
580
-
2 108
-
unemployment
851
-
3 093
-
pensions
5 646
-
11 053
-
total
7 077
-
16 254
-
Corporate
100 706
142 500
-
-
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.

90 635
128 250
-
-
total
90 635
128 250
-
-
Dividends
10 071
14 250
-
-
withholding
1 913
2 707
-
-
total
1 913
2 707
-
-
Income
142 500
142 500
142 500
142 500
Total tax
112 272
130 957
66 299
44 963
After tax
30 228
11 543
76 201
97 537
Living cost
22 071
22 071
22 071
22 071
Free-cash
8 157
-10 528
54 130
75 466

Estimated living cost  is ₽22071 per week

₽16176
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.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126296
₽124594
₽131996
₽104921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
142 500
microenterprise

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

-
-
-
1 425
total
-
-
-
1 425
Employee
11 349
-
142 500
-
income
2 269
-
28 500
-
total
2 269
-
28 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

131 151
142 500
-
-
total
-
-
-
-
Dividends
131 151
142 500
-
-
withholding
6 558
7 125
-
-
total
6 558
7 125
-
-
Income
142 500
142 500
142 500
142 500
Total tax
8 827
7 125
28 500
1 425
After tax
133 673
135 375
114 000
141 075
Living cost
9 079
9 079
9 079
9 079
Free-cash
124 594
126 296
104 921
131 996

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
₽77805
₽70992
₽48828
₽54722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
19 544
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.

-
-
-
34 200
other
-
-
-
6 769
health
-
-
-
6 270
total
-
-
-
66 783
Employee
36 640
-
113 819
-
health
513
-
1 593
-
income
6 308
-
21 511
-
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
-
7 966
-
unemployment
366
-
1 138
-
total
9 751
-
32 208
-
Employer
36 640
-
113 819
-
accident
293
-
910
-
other
1 833
-
5 691
-
unemployment
366
-
1 138
-
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.

6 229
-
19 349
-
health
513
-
1 593
-
total
9 234
-
28 681
-
Corporate
96 626
142 500
-
-
income
20 291
29 926
-
-
total
20 291
29 926
-
-
Dividends
76 335
112 574
-
-
withholding
5 343
7 880
-
-
total
5 343
7 880
-
-
Income
142 500
142 500
142 500
142 500
Total tax
44 619
37 806
60 889
66 783
After tax
97 881
104 694
81 611
75 717
Living cost
26 889
26 889
26 889
26 889
Free-cash
70 992
77 805
54 722
48 828

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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
₽29424
₽25136
₽29468
₽16371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
36 917
pensions
-
-
-
8 393
total
-
-
-
45 310
Employee
95 816
-
124 816
-
health
1 579
-
1 949
-
income
17 272
-
28 186
-
pensions
9 244
-
10 587
-
total
28 095
-
40 722
-
Employer
95 816
-
124 816
-
pensions
11 313
-
15 314
-
health
1 820
-
2 371
-
total
13 133
-
17 685
-
Corporate
33 551
142 500
-
-
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.

6 376
27 075
-
-
total
6 376
27 075
-
-
Dividends
27 175
115 425
-
-
withholding
2 038
18 279
-
-
total
2 038
18 279
-
-
Income
142 500
142 500
142 500
142 500
Total tax
49 642
45 354
58 407
45 310
After tax
92 858
97 146
84 093
97 190
Living cost
67 722
67 722
67 722
67 722
Free-cash
25 136
29 424
16 371
29 468

Estimated living cost  is ₽67722 per week

₽50745
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
₽108598
₽103908
₽98469
₽103675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
21 375
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
-
-
-
30 792
Employee
17 531
-
135 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
13 558
-
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
-
18 665
-
Employer
17 531
-
135 580
-
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
121 529
142 500
-
-
income
12 153
14 250
-
-
total
12 153
14 250
-
-
Dividends
109 376
128 250
-
-
withholding
5 469
6 413
-
-
total
5 469
6 413
-
-
Income
142 500
142 500
142 500
142 500
Total tax
25 353
20 663
25 586
30 792
After tax
117 147
121 837
116 914
111 708
Living cost
13 239
13 239
13 239
13 239
Free-cash
103 908
108 598
103 675
98 469

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
₽14067
₽16607
₽25168
₽29246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
37 108
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
61 375
Employee
93 558
86 174
123 747
-
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.

14 105
14 105
14 276
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
38 543
-
Employer
93 558
86 174
123 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
32 561
41 235
-
-
income
6 513
8 248
-
-
total
6 513
8 248
-
-
Dividends
26 049
32 988
-
-
income
5 536
7 011
-
-
withholding
3 907
4 948
-
-
total
9 443
11 959
-
-
Income
142 500
142 500
142 500
142 500
Total tax
69 936
72 476
57 297
61 375
After tax
72 564
70 024
85 203
81 125
Living cost
55 957
55 957
55 957
55 957
Free-cash
16 607
14 067
29 246
25 168

Estimated living cost  is ₽55957 per week

₽41278
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
₽73944
₽65321
₽51048
₽48147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
13 273
health
-
-
-
19 237
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
67 285
Employee
35 540
-
106 343
-
social contributions
2 310
-
6 912
-
health
4 798
-
14 356
-
solidarity contribution
-
-
-
-
income
4 265
-
12 761
-
total
11 373
-
34 029
-
Employer
35 540
-
106 343
-
social contributions
8 885
-
26 586
-
health
3 199
-
9 571
-
total
12 084
-
36 157
-
Corporate
94 877
142 500
-
-
income
18 027
27 075
-
-
total
18 027
27 075
-
-
Dividends
76 850
115 425
-
-
withholding
11 528
17 314
-
-
total
11 528
17 314
-
-
Income
142 500
142 500
142 500
142 500
Total tax
53 012
44 389
70 186
67 285
After tax
89 488
98 111
72 314
75 215
Living cost
24 167
24 167
24 167
24 167
Free-cash
65 321
73 944
48 147
51 048

Estimated living cost  is ₽24167 per week

₽16787
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
₽33448
₽28181
₽27585
₽20819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
municipal
-
-
-
846
regional
-
-
-
1 646
national
-
-
-
33 191
social contributions
-
-
-
36 651
total
-
-
-
72 334
Employee
89 684
-
142 500
-
social contributions
30 241
-
48 051
-
regional
846
-
1 449
-
municipal
475
-
756
-
national
15 540
-
28 844
-
total
47 102
-
79 100
-
Employer
89 684
-
142 500
-
total
-
-
-
-
Corporate
52 816
142 500
-
-
nationa
12 675
34 200
-
-
municipal
2 061
5 557
-
-
total
14 736
39 757
-
-
Dividends
38 080
102 743
-
-
withholding
9 900
26 714
-
-
total
9 900
26 714
-
-
Income
142 500
142 500
142 500
142 500
Total tax
71 738
66 471
79 100
72 334
After tax
70 762
76 029
63 400
70 166
Living cost
42 581
42 581
42 581
42 581
Free-cash
28 181
33 448
20 819
27 585

Estimated living cost  is ₽42581 per week

₽29682
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.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67365
₽64224
₽45350
₽41979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
33 426
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 728
total
-
-
-
74 882
Employee
33 371
-
117 720
-
other
-
-
-
-
health
852
-
3 003
-
surtax
109
-
4 194
-
income
5 594
-
30 232
-
pensions
2 225
-
7 851
-
unemployment
2 323
-
8 194
-
total
11 103
-
53 474
-
Employer
33 371
-
117 720
-
other
-
-
-
-
unemployment
1 057
-
3 732
-
pensions
4 449
-
15 691
-
health
1 519
-
5 356
-
total
7 025
-
24 779
-
Corporate
102 105
142 500
-
-
income
26 547
37 049
-
-
total
26 547
37 049
-
-
Dividends
75 557
105 451
-
-
withholding
11 333
15 818
-
-
total
11 333
15 818
-
-
Income
142 500
142 500
142 500
142 500
Total tax
56 008
52 867
78 253
74 882
After tax
86 492
89 633
64 247
67 618
Living cost
22 268
22 268
22 268
22 268
Free-cash
64 224
67 365
41 979
45 350

Estimated living cost  is ₽22268 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
₽50880
₽52535
₽50924
₽37827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
36 917
pensions
-
-
-
8 393
total
-
-
-
45 310
Employee
64 213
-
124 816
-
health
932
-
1 949
-
income
11 565
-
28 186
-
pensions
5 450
-
10 587
-
total
17 947
-
40 722
-
Employer
64 213
-
124 816
-
pensions
6 951
-
15 314
-
health
1 220
-
2 371
-
total
8 171
-
17 685
-
Corporate
70 116
142 500
-
-
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.

13 322
27 075
-
-
total
13 322
27 075
-
-
Dividends
56 793
115 425
-
-
withholding
4 259
18 279
-
-
total
4 259
18 279
-
-
Income
142 500
142 500
142 500
142 500
Total tax
43 699
45 354
58 407
45 310
After tax
98 801
97 146
84 093
97 190
Living cost
46 266
46 266
46 266
46 266
Free-cash
52 535
50 880
37 827
50 924

Estimated living cost  is ₽46266 per week

₽34662
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11105
₽21526
₽40545
₽33617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
city
-
-
-
1 502
pensions
-
-
-
13 108
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.

-
-
-
2 850
regional
-
-
-
6 231
health
-
-
-
321
national
-
-
-
1 677
total
-
-
-
25 689
Employee
89 251
-
127 545
-
city
958
-
1 369
-
regional
2 923
-
5 344
-
health
202
-
288
-
pensions
7 498
-
10 715
-
unemployment
-
-
-
-
national
422
-
1 348
-
total
12 003
-
19 064
-
Employer
89 251
-
127 545
-
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.

1 784
-
2 550
-
unemployment
-
-
-
-
pensions
7 498
-
10 715
-
health
202
-
288
-
total
9 484
-
13 553
-
Corporate
42 783
142 500
-
-
regional
9 050
30 138
-
-
national
3 637
12 113
-
-
total
12 687
42 251
-
-
Dividends
30 096
100 249
-
-
withholding
10 534
35 088
-
-
total
10 534
35 088
-
-
Income
142 500
142 500
142 500
142 500
Total tax
44 708
77 339
32 617
25 689
After tax
97 792
65 161
109 883
116 811
Living cost
76 266
76 266
76 266
76 266
Free-cash
21 526
-11 105
33 617
40 545

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
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.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24236
₽40597
₽30638
₽47030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
trade
-
-
-
16 392
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.

-
-
-
40 140
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.

-
-
-
2 208
total
-
-
-
65 634
Employee

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

60 646
-
142 500
-
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
-
2 208
-
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.

7 131
-
40 140
-
total
14 418
-
49 242
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 854
142 500
-
-
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.

676
1 176
-
-
income
12 279
21 375
-
-
trade
14 039
24 439
-
-
chamber of commerce
268
354
-
-
total
27 262
47 344
-
-
Dividends
54 592
95 156
-
-
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.

730
1 287
-
-
withholding
13 265
23 405
-
-
total
13 995
24 692
-
-
Income
142 500
142 500
142 500
142 500
Total tax
55 675
72 036
49 242
65 634
After tax
86 825
70 464
93 258
76 866
Living cost
46 228
46 228
46 228
46 228
Free-cash
40 597
24 236
47 030
30 638

Estimated living cost  is ₽46228 per week

₽33763
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.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37294
₽43257
₽46347
₽47735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
19 454
pensions
-
-
-
28 769
other
-
-
-
4 418
health
-
-
-
4 925
surtax
-
-
-
-
social contributions
-
-
-
4 062
total
-
-
-
61 628
Employee
43 189
-
112 389
-
social contributions
1 231
-
3 202
-
surtax
-
-
-
-
income
2 549
-
19 984
-
pensions
4 883
-
6 942
-
total
8 663
-
30 128
-
Employer
43 189
-
112 389
-
other
1 490
-
4 013
-
social contributions
130
-
337
-
unemployment
1 748
-
4 552
-
pensions
7 095
-
11 843
-
health
3 024
-
9 367
-
total
13 487
-
30 112
-
Corporate
85 824
142 500
-
-
surtax
-
-
-
-
income
24 031
39 901
-
-
total
24 031
39 901
-
-
Dividends
61 793
102 599
-
-
surtax
-
-
-
-
social contributions
10 628
17 647
-
-
withholding
7 909
13 133
-
-
total
18 537
30 780
-
-
Income
142 500
142 500
142 500
142 500
Total tax
64 718
70 681
60 240
61 628
After tax
77 782
71 819
82 260
80 872
Living cost
34 525
34 525
34 525
34 525
Free-cash
43 257
37 294
47 735
46 347

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40714
₽46321
₽49767
₽51155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
19 454
pensions
-
-
-
28 769
other
-
-
-
4 418
health
-
-
-
4 925
surtax
-
-
-
-
social contributions
-
-
-
4 062
total
-
-
-
61 628
Employee
38 552
-
112 389
-
social contributions
1 099
-
3 202
-
surtax
-
-
-
-
income
1 988
-
19 984
-
pensions
4 360
-
6 942
-
total
7 447
-
30 128
-
Employer
38 552
-
112 389
-
other
1 331
-
4 013
-
social contributions
115
-
337
-
unemployment
1 561
-
4 552
-
pensions
6 335
-
11 843
-
health
2 698
-
9 367
-
total
12 040
-
30 112
-
Corporate
91 909
142 500
-
-
surtax
-
-
-
-
income
25 734
39 901
-
-
total
25 734
39 901
-
-
Dividends
66 175
102 599
-
-
surtax
-
-
-
-
social contributions
11 383
17 647
-
-
withholding
8 470
13 133
-
-
total
19 853
30 780
-
-
Income
142 500
142 500
142 500
142 500
Total tax
65 074
70 681
60 240
61 628
After tax
77 426
71 819
82 260
80 872
Living cost
31 105
31 105
31 105
31 105
Free-cash
46 321
40 714
51 155
49 767

Estimated living cost  is ₽31105 per week

₽18039
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.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65537
₽66063
₽70116
₽68212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
21 375
health
-
-
-
9 946
social contributions
-
-
-
19 665
total
-
-
-
50 986
Employee
34 215
-
142 500
-
social contributions
4 722
-
19 665
-
health
2 388
-
9 946
-
income
5 707
-
23 279
-
total
12 817
-
52 890
-
Employer
34 215
-
142 500
-
total
-
-
-
-
Corporate
108 285
142 500
-
-
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%.

5 414
7 126
-
-
total
5 414
7 126
-
-
Dividends
102 871
135 374
-
-
health
7 181
9 449
-
-
social contributions
14 196
18 683
-
-
withholding
15 431
20 307
-
-
total
36 808
48 439
-
-
Income
142 500
142 500
142 500
142 500
Total tax
55 039
55 565
52 890
50 986
After tax
87 461
86 935
89 610
91 514
Living cost
21 398
21 398
21 398
21 398
Free-cash
66 063
65 537
68 212
70 116

Estimated living cost  is ₽21398 per week

₽14320
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.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43629
₽42063
₽36917
₽2324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
chamber of commerce
-
-
-
571
income
-
-
-
32 239
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
70 026
Employee
50 431
40 215
110 501
-
other
504
402
1 105
-
health
1 951
1 557
4 276
-
income
5 741
2 966
25 940
-
pensions
5 165
4 117
11 316
-
unemployment
1 513
1 206
3 315
-
total
14 874
10 248
45 952
-
Employer
50 431
40 215
110 501
-
accident
655
523
1 436
-
other
2 396
1 909
5 247
-
chamber of commerce
201
161
442
-
unemployment
1 513
1 206
3 315
-
surtax
199
199
199
-
pensions
6 329
5 048
13 868
-
payroll
1 513
1 206
3 315
-
health
1 905
1 520
4 177
-
total
14 711
11 772
31 999
-
Corporate
77 358
90 512
106 671
-
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.

19 339
22 627
26 668
-
total
19 339
22 627
26 668
-
Dividends
58 019
67 884
-
-
withholding
15 956
18 667
-
-
total
15 956
18 667
-
-
Income
142 500
142 500
142 500
142 500
Total tax
64 880
63 314
104 619
70 026
After tax
77 620
79 186
37 881
72 474
Living cost
35 557
35 557
35 557
35 557
Free-cash
42 063
43 629
2 324
36 917

Estimated living cost  is ₽35557 per week

₽23715
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
₽42972
₽27840
₽25976
₽15348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
national
-
-
-
50 132
communal

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

-
-
-
7 206
social contributions
-
-
-
22 392
total
-
-
-
79 730
Employee

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

72 183
-
110 370
-
communal

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

3 765
-
5 756
-
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.

3 391
-
5 188
-
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
-
8 278
-
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
-
959
-
national
22 192
-
38 051
-
total
35 390
-
58 232
-
Employer

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

72 183
-
110 370
-
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
-
1 434
-
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
-
1 611
-
surtax
8 185
-
12 516
-
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
-
9 778
-
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
-
6 787
-
total
21 011
-
32 126
-
Corporate
49 306
142 500
-
-
surtax
197
571
-
-
income
9 860
28 501
-
-
total
10 057
29 072
-
-
Dividends
39 249
113 429
-
-
withholding

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

11 408
33 662
-
-
total
11 408
33 662
-
-
Income
142 500
142 500
142 500
142 500
Total tax
77 866
62 734
90 358
79 730
After tax
64 634
79 766
52 142
62 770
Living cost
36 794
36 794
36 794
36 794
Free-cash
27 840
42 972
15 348
25 976

Estimated living cost  is ₽36794 per week

₽23700
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.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58968
₽51438
₽43885
₽39034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
accident
-
-
-
843
income
-
-
-
34 111
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
62 172
Employee
50 231
-
112 682
-
other
50
-
94
-
income
10 598
-
31 263
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
37 204
-
Employer
50 231
-
112 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
76 258
142 500
-
-
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.

11 438
21 375
-
-
total
11 438
21 375
-
-
Dividends
64 819
121 125
-
-
withholding
13 382
25 714
-
-
total
13 382
25 714
-
-
Income
142 500
142 500
142 500
142 500
Total tax
54 619
47 089
67 023
62 172
After tax
87 881
95 411
75 477
80 328
Living cost
36 443
36 443
36 443
36 443
Free-cash
51 438
58 968
39 034
43 885

Estimated living cost  is ₽36443 per week

₽26837
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
₽30359
₽19390
₽19560
₽25239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
accident
-
-
-
1 201
income
-
-
-
19 456
pensions
-
-
-
21 360
health
-
-
-
10 013
surtax
-
-
-
7 064
communal
-
-
-
9 006
total
-
-
-
68 100
Employee
76 419
-
127 289
-
health
3 401
-
5 665
-
surtax
4 684
-
7 802
-
income
7 381
-
23 559
-
pensions
6 113
-
10 184
-
total
21 579
-
47 210
-
Employer
76 419
-
127 289
-
accident
687
-
1 145
-
pensions
6 113
-
10 184
-
health
2 331
-
3 882
-
total
9 131
-
15 211
-
Corporate
56 950
142 500
-
-
surtax
597
1 496
-
-
communal
3 843
9 619
-
-
income
8 543
21 375
-
-
total
12 983
32 490
-
-
Dividends
43 966
110 010
-
-
income
17 982
8 311
-
-
withholding
6 595
16 501
-
-
total
24 577
24 812
-
-
Income
142 500
142 500
142 500
142 500
Total tax
68 270
57 302
62 421
68 100
After tax
74 230
85 198
80 079
74 400
Living cost
54 839
54 839
54 839
54 839
Free-cash
19 390
30 359
25 239
19 560

Estimated living cost  is ₽54839 per week

₽41138
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66967
₽63758
₽44952
₽41581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
33 426
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 728
total
-
-
-
74 882
Employee
33 983
-
117 720
-
other
-
-
-
-
health
867
-
3 003
-
surtax
121
-
4 194
-
income
5 697
-
30 232
-
pensions
2 267
-
7 851
-
unemployment
2 365
-
8 194
-
total
11 317
-
53 474
-
Employer
33 983
-
117 720
-
other
-
-
-
-
unemployment
1 078
-
3 732
-
pensions
4 531
-
15 691
-
health
1 545
-
5 356
-
total
7 154
-
24 779
-
Corporate
101 362
142 500
-
-
income
26 354
37 049
-
-
total
26 354
37 049
-
-
Dividends
75 008
105 451
-
-
withholding
11 251
15 818
-
-
total
11 251
15 818
-
-
Income
142 500
142 500
142 500
142 500
Total tax
56 076
52 867
78 253
74 882
After tax
86 424
89 633
64 247
67 618
Living cost
22 666
22 666
22 666
22 666
Free-cash
63 758
66 967
41 581
44 952

Estimated living cost  is ₽22666 per week

₽13684
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
₽47717
₽45476
₽42479
₽35748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
municipal
-
-
-
846
regional
-
-
-
2 150
national
-
-
-
33 191
social contributions
-
-
-
36 651
total
-
-
-
72 838
Employee
55 977
-
142 500
-
social contributions
18 876
-
48 051
-
regional
754
-
1 918
-
municipal
297
-
756
-
national
8 868
-
28 844
-
total
28 795
-
79 569
-
Employer
55 977
-
142 500
-
total
-
-
-
-
Corporate
86 523
142 500
-
-
nationa
20 766
34 200
-
-
municipal
4 301
7 082
-
-
total
25 067
41 282
-
-
Dividends
61 456
101 219
-
-
withholding
15 979
26 318
-
-
total
15 979
26 318
-
-
Income
142 500
142 500
142 500
142 500
Total tax
69 841
67 600
79 569
72 838
After tax
72 659
74 900
62 931
69 662
Living cost
27 183
27 183
27 183
27 183
Free-cash
45 476
47 717
35 748
42 479

Estimated living cost  is ₽27183 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
₽68331
₽57707
₽45435
₽42534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
13 273
health
-
-
-
19 237
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
67 285
Employee
43 794
-
106 343
-
social contributions
2 847
-
6 912
-
health
5 912
-
14 356
-
solidarity contribution
-
-
-
-
income
5 255
-
12 761
-
total
14 014
-
34 029
-
Employer
43 794
-
106 343
-
social contributions
10 949
-
26 586
-
health
3 941
-
9 571
-
total
14 890
-
36 157
-
Corporate
83 816
142 500
-
-
income
15 925
27 075
-
-
total
15 925
27 075
-
-
Dividends
67 891
115 425
-
-
withholding
10 184
17 314
-
-
total
10 184
17 314
-
-
Income
142 500
142 500
142 500
142 500
Total tax
55 013
44 389
70 186
67 285
After tax
87 487
98 111
72 314
75 215
Living cost
29 780
29 780
29 780
29 780
Free-cash
57 707
68 331
42 534
45 435

Estimated living cost  is ₽29780 per week

₽22146
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
₽47099
₽46598
₽40479
₽5725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
chamber of commerce
-
-
-
571
income
-
-
-
32 239
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
69 827
Employee
44 111
40 215
110 652
-
other
440
402
1 107
-
health
1 706
1 557
4 282
-
income
3 930
2 966
25 994
-
pensions
4 517
4 117
11 331
-
unemployment
1 323
1 206
3 319
-
total
11 916
10 248
46 033
-
Employer
44 111
40 215
110 652
-
accident
573
523
1 438
-
other
2 095
1 909
5 255
-
chamber of commerce
176
161
442
-
unemployment
1 323
1 206
3 319
-
surtax
-
-
-
-
pensions
5 536
5 048
13 887
-
payroll
1 323
1 206
3 319
-
health
1 668
1 520
4 182
-
total
12 694
11 573
31 842
-
Corporate
85 694
90 711
106 828
-
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.

21 423
22 677
26 706
-
total
21 423
22 677
26 706
-
Dividends
64 271
68 034
-
-
withholding
17 675
18 709
-
-
total
17 675
18 709
-
-
Income
142 500
142 500
142 500
142 500
Total tax
63 708
63 207
104 581
69 827
After tax
78 792
79 293
37 919
72 673
Living cost
32 194
32 194
32 194
32 194
Free-cash
46 598
47 099
5 725
40 479

Estimated living cost  is ₽32194 per week

₽19313
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.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽121226
₽118573
₽126926
₽99851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
142 500
microenterprise

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

-
-
-
1 425
total
-
-
-
1 425
Employee
17 686
-
142 500
-
income
3 537
-
28 500
-
total
3 537
-
28 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

124 814
142 500
-
-
total
-
-
-
-
Dividends
124 814
142 500
-
-
withholding
6 241
7 125
-
-
total
6 241
7 125
-
-
Income
142 500
142 500
142 500
142 500
Total tax
9 778
7 125
28 500
1 425
After tax
132 722
135 375
114 000
141 075
Living cost
14 149
14 149
14 149
14 149
Free-cash
118 573
121 226
99 851
126 926

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
₽71046
₽62603
₽44319
₽40546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
income
-
-
-
30 852
pensions
-
-
-
26 025
unemployment
-
-
-
214
health
-
-
-
14 023
total
-
-
-
71 114
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.

44 623
-
123 302
-
health
2 882
-
7 964
-
income
7 695
-
28 441
-
pensions
6 917
-
19 112
-
unemployment
63
-
172
-
total
17 557
-
55 689
-
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.

44 623
-
123 302
-
unemployment
27
-
75
-
pensions
3 949
-
10 912
-
health
2 972
-
8 211
-
total
6 948
-
19 198
-
Corporate
90 929
142 500
-
-
income
17 277
27 074
-
-
total
17 277
27 074
-
-
Dividends
73 652
115 426
-
-
withholding
11 048
17 313
-
-
total
11 048
17 313
-
-
Income
142 500
142 500
142 500
142 500
Total tax
52 830
44 387
74 887
71 114
After tax
89 670
98 113
67 613
71 386
Living cost
27 067
27 067
27 067
27 067
Free-cash
62 603
71 046
40 546
44 319

Estimated living cost  is ₽27067 per week

₽18575
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43132
-₽8043
₽54914
₽85652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
27 776
social contributions
-
-
-
16 245
total
-
-
-
44 021
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
142 500
-
-
income
-
31 350
-
-
total
-
31 350
-
-
Dividends
-
111 150
-
-
income
-
24 453
-
-
total
-
24 453
-
-
Income
142 500
142 500
142 500
142 500
Total tax
106 978
55 803
13 283
44 021
After tax
35 522
86 697
129 217
98 479
Living cost
43 565
43 565
43 565
43 565
Free-cash
-8 043
43 132
85 652
54 914

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽49400
₽48385
₽45866
₽36121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
income
-
-
-
15 461
surtax
-
-
-
-
social contributions

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

-
-
-
49 520
total
-
-
-
64 981
Employee
46 411
-
115 152
-
social contributions
5 105
-
12 668
-
surtax
-
-
-
-
income
9 654
-
34 710
-
total
14 759
-
47 378
-
Employer
46 411
-
115 152
-
social contributions
11 023
-
27 348
-
total
11 023
-
27 348
-
Corporate
85 066
142 500
-
-
surtax
-
-
-
-
income
17 863
29 926
-
-
total
17 863
29 926
-
-
Dividends
67 203
112 574
-
-
withholding
18 817
31 521
-
-
total
18 817
31 521
-
-
Income
142 500
142 500
142 500
142 500
Total tax
62 462
61 447
74 726
64 981
After tax
80 038
81 053
67 774
77 519
Living cost
31 653
31 653
31 653
31 653
Free-cash
48 385
49 400
36 121
45 866

Estimated living cost  is ₽31653 per week

₽23683
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
₽23080
₽30018
₽32133
₽33521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
19 454
pensions
-
-
-
28 769
other
-
-
-
4 418
health
-
-
-
4 925
surtax
-
-
-
-
social contributions
-
-
-
4 062
total
-
-
-
61 628
Employee
63 203
-
112 389
-
social contributions
1 800
-
3 202
-
surtax
-
-
-
-
income
5 515
-
19 984
-
pensions
7 149
-
6 942
-
total
14 464
-
30 128
-
Employer
63 203
-
112 389
-
other
2 181
-
4 013
-
social contributions
190
-
337
-
unemployment
2 560
-
4 552
-
pensions
10 385
-
11 843
-
health
4 424
-
9 367
-
total
19 740
-
30 112
-
Corporate
59 557
142 500
-
-
surtax
-
-
-
-
income
16 676
39 901
-
-
total
16 676
39 901
-
-
Dividends
42 882
102 599
-
-
surtax
-
-
-
-
social contributions
7 375
17 647
-
-
withholding
5 488
13 133
-
-
total
12 863
30 780
-
-
Income
142 500
142 500
142 500
142 500
Total tax
63 743
70 681
60 240
61 628
After tax
78 757
71 819
82 260
80 872
Living cost
48 739
48 739
48 739
48 739
Free-cash
30 018
23 080
33 521
32 133

Estimated living cost  is ₽48739 per week

₽32986
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.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97917
₽94525
₽75829
₽79615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
4 987
social contributions
-
-
-
31 350
total
-
-
-
36 337
Employee
32 442
-
123 377
-
income
-
-
5 408
-
social contributions
2 108
-
8 020
-
total
2 108
-
13 428
-
Employer
32 442
-
123 377
-
social contributions
5 029
-
19 123
-
total
5 029
-
19 123
-
Corporate
105 029
142 500
-
-
income
10 504
14 249
-
-
total
10 504
14 249
-
-
Dividends
94 526
128 251
-
-
total
-
-
-
-
Income
142 500
142 500
142 500
142 500
Total tax
17 641
14 249
32 551
36 337
After tax
124 859
128 251
109 949
106 163
Living cost
30 334
30 334
30 334
30 334
Free-cash
94 525
97 917
79 615
75 829

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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
-₽77458
-₽77458
₽37464
-₽77458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
municipal
-
-
-
28 635
pensions
-
-
-
875
national
-
-
-
15 576
labour market
-
-
-
11 330
total
-
-
-
56 416
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
142 500
142 500
142 500
142 500
Total tax
171 338
171 338
171 338
56 416
After tax
-28 838
-28 838
-28 838
86 084
Living cost
48 620
48 620
48 620
48 620
Free-cash
-77 458
-77 458
-77 458
37 464

Estimated living cost  is ₽48620 per week

₽33276
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10202
₽8207
₽75792
₽54456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
accident
-
-
-
253
income
-
-
-
37 976
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 963
Employee
34 207
-
126 246
-
health
3 917
-
14 455
-
income
4 693
-
27 936
-
pensions
3 852
-
7 654
-
total
12 462
-
50 045
-
Employer
34 207
-
126 246
-
accident
571
-
2 108
-
unemployment
838
-
3 093
-
pensions
5 562
-
11 053
-
total
6 971
-
16 254
-
Corporate
101 322
142 500
-
-
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.

91 190
128 250
-
-
total
91 190
128 250
-
-
Dividends
10 132
14 250
-
-
withholding
1 925
2 707
-
-
total
1 925
2 707
-
-
Income
142 500
142 500
142 500
142 500
Total tax
112 548
130 957
66 299
44 963
After tax
29 952
11 543
76 201
97 537
Living cost
21 745
21 745
21 745
21 745
Free-cash
8 207
-10 202
54 456
75 792

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
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
₽52738
₽54103
₽57791
₽38250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
142 500
municipal
-
-
-
25 331
health
-
-
-
1 773
national
-
-
-
18 862
total
-
-
-
45 966
Employee
53 092
-
119 878
-
health
396
-
1 425
-
municipal
8 696
-
19 541
-
pensions
3 583
-
8 093
-
unemployment
797
-
1 798
-
national
877
-
12 028
-
total
14 349
-
42 885
-
Employer
53 092
-
119 878
-
accident
54
-
121
-
unemployment
345
-
779
-
pensions
9 211
-
20 799
-
health
408
-
923
-
total
10 018
-
22 622
-
Corporate
79 391
142 500
-
-
income
15 879
28 501
-
-
total
15 879
28 501
-
-
Dividends

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

47 634
85 499
-
-
national
835
7 127
-
-
municipal
8 573
15 391
-
-
total
9 408
22 518
-
-
Income
142 500
142 500
142 500
142 500
Total tax
49 654
51 019
65 507
45 966
After tax
92 846
91 481
76 993
96 534
Living cost
38 743
38 743
38 743
38 743
Free-cash
54 103
52 738
38 250
57 791

Estimated living cost  is ₽38743 per week

₽25307
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.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80707
₽75214
₽75800
₽74452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
23 374
health
-
-
-
3 635
social contributions
-
-
-
16 327
total
-
-
-
43 336
Employee
77 596
77 596
131 384
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 233
-
income
8 449
7 183
22 649
-
total
11 984
14 942
33 568
-
Employer
77 596
77 596
131 384
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 430
-
total
3 587
7 876
11 116
-
Corporate
103 565
57 027
-
-
income
12 945
7 128
-
-
total
12 945
7 128
-
-
Dividends
90 620
49 900
-
-
withholding
15 406
8 483
-
-
total
15 406
8 483
-
-
Income
142 500
142 500
142 500
142 500
Total tax
43 922
38 429
44 684
43 336
After tax
98 578
104 071
97 816
99 164
Living cost
23 364
23 364
23 364
23 364
Free-cash
75 214
80 707
74 452
75 800

Estimated living cost  is ₽23364 per week

₽14002
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
₽101983
₽96846
₽102171
₽81930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
142 500
income
-
-
-
14 207
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
24 307
Employee

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

23 163
-
132 638
-
health
1 969
-
8 139
-
income
1 584
-
11 706
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
34 686
-
Employer

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

23 163
-
132 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
116 953
142 500
-
-
income
10 527
12 825
-
-
total
10 527
12 825
-
-
Dividends
106 426
129 675
-
-
withholding
9 579
11 670
-
-
total
9 579
11 670
-
-
Income
142 500
142 500
142 500
142 500
Total tax
29 632
24 495
44 548
24 307
After tax
112 868
118 005
97 952
118 193
Living cost
16 022
16 022
16 022
16 022
Free-cash
96 846
101 983
81 930
102 171

Estimated living cost  is ₽16022 per week

₽10222
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
₽67661
₽62876
₽52578
₽47727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
accident
-
-
-
843
income
-
-
-
34 111
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
62 172
Employee
37 313
-
112 682
-
other
36
-
94
-
income
7 194
-
31 263
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
37 204
-
Employer
37 313
-
112 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
93 291
142 500
-
-
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.

13 993
21 375
-
-
total
13 993
21 375
-
-
Dividends
79 298
121 125
-
-
withholding
16 423
25 714
-
-
total
16 423
25 714
-
-
Income
142 500
142 500
142 500
142 500
Total tax
51 874
47 089
67 023
62 172
After tax
90 626
95 411
75 477
80 328
Living cost
27 750
27 750
27 750
27 750
Free-cash
62 876
67 661
47 727
52 578

Estimated living cost  is ₽27750 per week

₽18730
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
₽86164
₽85710
₽88250
₽88053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
48 026
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
51 494
Employee
4 198
-
140 238
-
health
210
-
503
-
income
812
-
47 920
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
49 429
-
Employer
4 198
-
140 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
137 358
142 500
-
-
income
30 219
31 350
-
-
total
30 219
31 350
-
-
Dividends
107 139
111 150
-
-
withholding
21 428
22 230
-
-
total
21 428
22 230
-
-
Income
142 500
142 500
142 500
142 500
Total tax
54 034
53 580
51 691
51 494
After tax
88 466
88 920
90 809
91 006
Living cost
2 756
2 756
2 756
2 756
Free-cash
85 710
86 164
88 053
88 250

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
₽85503
₽80539
₽65445
₽65446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
income
-
-
-
31 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
59 602
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
-
129 149
-
health
1 355
-
3 841
-
income
3 628
-
31 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
46 251
-
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
-
129 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
111 470
142 500
-
-
income
16 721
21 375
-
-
total
16 721
21 375
-
-
Dividends
94 750
121 125
-
-
withholding
14 212
18 169
-
-
total
14 212
18 169
-
-
Income
142 500
142 500
142 500
142 500
Total tax
44 508
39 544
59 601
59 602
After tax
97 992
102 956
82 899
82 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
80 539
85 503
65 446
65 445

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
₽53848
₽53484
₽50314
₽40569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
income
-
-
-
15 461
surtax
-
-
-
-
social contributions

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

-
-
-
49 520
total
-
-
-
64 981
Employee
39 166
-
115 152
-
social contributions
4 309
-
12 668
-
surtax
-
-
-
-
income
7 653
-
34 710
-
total
11 962
-
47 378
-
Employer
39 166
-
115 152
-
social contributions
9 301
-
27 348
-
total
9 301
-
27 348
-
Corporate
94 033
142 500
-
-
surtax
-
-
-
-
income
19 747
29 926
-
-
total
19 747
29 926
-
-
Dividends
74 286
112 574
-
-
withholding
20 801
31 521
-
-
total
20 801
31 521
-
-
Income
142 500
142 500
142 500
142 500
Total tax
61 811
61 447
74 726
64 981
After tax
80 689
81 053
67 774
77 519
Living cost
27 205
27 205
27 205
27 205
Free-cash
53 484
53 848
40 569
50 314

Estimated living cost  is ₽27205 per week

₽19269
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
₽59946
₽52758
₽44863
₽40012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
accident
-
-
-
843
income
-
-
-
34 111
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
62 172
Employee
48 736
-
112 682
-
other
48
-
94
-
income
10 179
-
31 263
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
37 204
-
Employer
48 736
-
112 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
78 226
142 500
-
-
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.

11 733
21 375
-
-
total
11 733
21 375
-
-
Dividends
66 493
121 125
-
-
withholding
13 734
25 714
-
-
total
13 734
25 714
-
-
Income
142 500
142 500
142 500
142 500
Total tax
54 277
47 089
67 023
62 172
After tax
88 223
95 411
75 477
80 328
Living cost
35 465
35 465
35 465
35 465
Free-cash
52 758
59 946
40 012
44 863

Estimated living cost  is ₽35465 per week

₽25469
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
₽104466
₽98313
₽94337
₽99543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
21 375
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
-
-
-
30 792
Employee
23 001
-
135 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
13 558
-
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
-
18 665
-
Employer
23 001
-
135 580
-
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
114 986
142 500
-
-
income
11 499
14 250
-
-
total
11 499
14 250
-
-
Dividends
103 487
128 250
-
-
withholding
5 174
6 413
-
-
total
5 174
6 413
-
-
Income
142 500
142 500
142 500
142 500
Total tax
26 816
20 663
25 586
30 792
After tax
115 684
121 837
116 914
111 708
Living cost
17 371
17 371
17 371
17 371
Free-cash
98 313
104 466
99 543
94 337

Estimated living cost  is ₽17371 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
₽34437
₽47635
₽40582
₽54299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
trade
-
-
-
13 717
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.

-
-
-
40 140
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.

-
-
-
2 208
total
-
-
-
62 959
Employee

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

50 210
-
142 500
-
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
-
2 208
-
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
-
40 140
-
total
11 251
-
49 242
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 290
142 500
-
-
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.

762
1 176
-
-
income
13 843
21 375
-
-
trade
13 244
20 448
-
-
chamber of commerce
289
362
-
-
total
28 138
43 361
-
-
Dividends
64 151
99 139
-
-
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.

862
1 342
-
-
withholding
15 655
24 401
-
-
total
16 517
25 743
-
-
Income
142 500
142 500
142 500
142 500
Total tax
55 906
69 104
49 242
62 959
After tax
86 594
73 396
93 258
79 541
Living cost
38 959
38 959
38 959
38 959
Free-cash
47 635
34 437
54 299
40 582

Estimated living cost  is ₽38959 per week

₽26875
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
₽42266
₽44494
₽21737
₽21737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
40 320
social contributions
-
-
-
22 959
total
-
-
-
63 279
Employee
78 935
-
142 500
-
income
14 895
-
40 320
-
social contributions
6 558
-
22 959
-
total
21 453
-
63 279
-
Employer
78 935
-
142 500
-
total
-
-
-
-
Corporate
63 565
142 500
-
-
income
7 945
17 813
-
-
total
7 945
17 813
-
-
Dividends
55 619
124 687
-
-
withholding
11 124
24 937
-
-
total
11 124
24 937
-
-
Income
142 500
142 500
142 500
142 500
Total tax
40 522
42 750
63 279
63 279
After tax
101 978
99 750
79 221
79 221
Living cost
57 484
57 484
57 484
57 484
Free-cash
44 494
42 266
21 737
21 737

Estimated living cost  is ₽57484 per week

₽43733
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
₽50662
₽54190
₽70403
₽66840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
income
-
-
-
28 725
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
-
-
-
35 466
Employee
46 292
-
137 858
-
income
5 023
-
29 745
-
social contributions
4 638
-
4 642
-
total
9 661
-
34 387
-
Employer
46 292
-
137 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
91 570
142 500
-
-
income
32 049
49 876
-
-
total
32 049
49 876
-
-
Dividends
59 520
92 624
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
142 500
142 500
142 500
142 500
Total tax
51 679
55 207
39 029
35 466
After tax
90 821
87 293
103 471
107 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
54 190
50 662
66 840
70 403

Estimated living cost  is ₽36631 per week

₽24129
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽59533
₽63441
₽59577
₽46480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
income
-
-
-
36 917
pensions
-
-
-
8 393
total
-
-
-
45 310
Employee
51 629
-
124 816
-
health
673
-
1 949
-
income
9 402
-
28 186
-
pensions
3 941
-
10 587
-
total
14 016
-
40 722
-
Employer
51 629
-
124 816
-
pensions
5 216
-
15 314
-
health
981
-
2 371
-
total
6 197
-
17 685
-
Corporate
84 674
142 500
-
-
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.

16 088
27 075
-
-
total
16 088
27 075
-
-
Dividends
68 586
115 425
-
-
withholding
5 145
18 279
-
-
total
5 145
18 279
-
-
Income
142 500
142 500
142 500
142 500
Total tax
41 446
45 354
58 407
45 310
After tax
101 054
97 146
84 093
97 190
Living cost
37 613
37 613
37 613
37 613
Free-cash
63 441
59 533
46 480
59 577

Estimated living cost  is ₽37613 per week

₽25802
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

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Warsaw , Poland
-₽12355
₽7879
₽73639
₽52303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
accident
-
-
-
253
income
-
-
-
37 976
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
44 963
Employee
37 593
-
126 246
-
health
4 304
-
14 455
-
income
5 157
-
27 936
-
pensions
4 233
-
7 654
-
total
13 694
-
50 045
-
Employer
37 593
-
126 246
-
accident
628
-
2 108
-
unemployment
921
-
3 093
-
pensions
6 112
-
11 053
-
total
7 661
-
16 254
-
Corporate
97 246
142 500
-
-
income

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

87 521
128 250
-
-
total
87 521
128 250
-
-
Dividends
9 725
14 250
-
-
withholding
1 847
2 707
-
-
total
1 847
2 707
-
-
Income
142 500
142 500
142 500
142 500
Total tax
110 723
130 957
66 299
44 963
After tax
31 777
11 543
76 201
97 537
Living cost
23 898
23 898
23 898
23 898
Free-cash
7 879
-12 355
52 303
73 639

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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
₽106283
₽101561
₽66721
₽83718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
142 500
work injury
-
-
-
712
health insurance
-
-
-
10 545
income
-
-
-
22 961
pensions
-
-
-
26 220
unemployment
-
-
-
1 710
total
-
-
-
62 148
Employee

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

21 810
-
142 500
-
work injury
109
-
403
-
income
2 181
-
22 961
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
45 151
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 690
142 500
-
-
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%.

1 207
1 425
-
-
total
1 207
1 425
-
-
Dividends
119 483
141 075
-
-
withholding
17 922
21 161
-
-
total
17 922
21 161
-
-
Income
142 500
142 500
142 500
142 500
Total tax
27 308
22 586
45 151
62 148
After tax
115 192
119 914
97 349
80 352
Living cost
13 631
13 631
13 631
13 631
Free-cash
101 561
106 283
83 718
66 721

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

Close
Rome , Italy
₽34859
₽30268
₽28279
₽21773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
142 500
municipal
-
-
-
952
regional
-
-
-
3 226
national
-
-
-
33 191
social contributions
-
-
-
36 651
total
-
-
-
74 020
Employee
85 034
-
142 500
-
social contributions
28 673
-
48 051
-
regional
1 284
-
2 781
-
municipal
507
-
850
-
national
14 370
-
28 844
-
total
44 834
-
80 526
-
Employer
85 034
-
142 500
-
total
-
-
-
-
Corporate
57 466
142 500
-
-
nationa
13 792
34 200
-
-
municipal
2 769
6 869
-
-
total
16 561
41 069
-
-
Dividends
40 905
101 431
-
-
withholding
10 636
26 371
-
-
total
10 636
26 371
-
-
Income
142 500
142 500
142 500
142 500
Total tax
72 031
67 440
80 526
74 020
After tax
70 469
75 060
61 974
68 480
Living cost
40 201
40 201
40 201
40 201
Free-cash
30 268
34 859
21 773
28 279

Estimated living cost  is ₽40201 per week

₽28238
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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