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
₽ 143500
per

Your estimated
City
free-cash

Dresden , Germany
₽41657
₽52898
₽47975
₽63136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
trade
-
-
-
15 161
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.

-
-
-
40 425
health

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

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

-
-
-
6 941
surtax

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

-
-
-
2 223
total
-
-
-
64 750
Employee

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

38 861
-
143 500
-
health

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

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

6 941
-
6 941
-
surtax

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

60
-
2 223
-
income

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

1 086
-
40 425
-
total
8 087
-
49 589
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 639
143 500
-
-
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.

864
1 184
-
-
income
15 695
21 526
-
-
trade
16 480
22 601
-
-
chamber of commerce
305
361
-
-
total
33 344
45 672
-
-
Dividends
71 296
97 829
-
-
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.

958
1 325
-
-
withholding
17 438
24 071
-
-
total
18 396
25 396
-
-
Income
143 500
143 500
143 500
143 500
Total tax
59 827
71 068
49 589
64 750
After tax
83 673
72 432
93 911
78 750
Living cost
30 775
30 775
30 775
30 775
Free-cash
52 898
41 657
63 136
47 975

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽38276
₽37424
₽34014
₽35141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
municipal
-
-
-
15 475
pensions
-
-
-
17 220
national
-
-
-
23 980
social contributions
-
-
-
1 543
total
-
-
-
58 218
Employee
79 474
-
124 054
-
municipal
9 816
-
16 030
-
pensions
3 179
-
4 962
-
national
15 211
-
24 841
-
total
28 206
-
45 833
-
Employer
79 474
-
124 054
-
social contributions
854
-
1 334
-
pensions
6 358
-
9 924
-
total
7 212
-
11 258
-
Corporate
51 568
143 500
-
-
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%.

10 314
28 700
-
-
total
10 314
28 700
-
-
Dividends
41 254
114 800
-
-
withholding
9 076
25 256
-
-
total
9 076
25 256
-
-
Income
143 500
143 500
143 500
143 500
Total tax
54 808
53 956
57 091
58 218
After tax
88 692
89 544
86 409
85 282
Living cost
51 268
51 268
51 268
51 268
Free-cash
37 424
38 276
35 141
34 014

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽93662
₽85327
₽23947
₽59270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
microenterprise
-
-
-
-
income
-
-
-
22 894
surtax
-
-
-
36 592
social contributions

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

-
-
-
38 929
total
-
-
-
98 415
Employee
29 689
-
115 642
-
social contributions

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

3 266
-
12 720
-
surtax
-
-
-
-
income
5 285
-
22 514
-
total
8 551
-
35 234
-
Employer
29 689
-
115 642
-
social contributions

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

7 151
-
27 858
-
surtax
-
-
-
-
total
7 151
-
27 858
-
Corporate
106 659
143 500
-
-
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%.

21 333
28 700
-
-
total
21 333
28 700
-
-
Dividends

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

85 327
114 800
-
-
total
-
-
-
-
Income
143 500
143 500
143 500
143 500
Total tax
37 035
28 700
63 092
98 415
After tax
106 465
114 800
80 408
45 085
Living cost
21 138
21 138
21 138
21 138
Free-cash
85 327
93 662
59 270
23 947

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽27954
₽21730
₽39130
₽43242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
37 374
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
61 807
Employee
86 765
86 765
124 618
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
14 380
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
38 813
-
Employer
86 765
86 765
124 618
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
42 605
41 541
-
-
income
8 520
8 308
-
-
total
8 520
8 308
-
-
Dividends
34 085
33 233
-
-
income
7 242
7 063
-
-
withholding
5 113
4 984
-
-
total
12 355
12 047
-
-
Income
143 500
143 500
143 500
143 500
Total tax
79 207
72 983
57 695
61 807
After tax
64 293
70 517
85 805
81 693
Living cost
42 563
42 563
42 563
42 563
Free-cash
21 730
27 954
43 242
39 130

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽39198
₽38318
₽36343
₽35394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
municipal
-
-
-
35 379
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
7 766
total
-
-
-
68 004
Employee
55 789
-
116 539
-
municipal
16 636
-
34 752
-
national
-
-
7 240
-
total
16 636
-
41 992
-
Employer
55 789
-
116 539
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
70 182
143 500
-
-
income
15 440
31 570
-
-
total
15 440
31 570
-
-
Dividends
54 742
111 930
-
-
withholding
16 423
33 579
-
-
total
16 423
33 579
-
-
Income
143 500
143 500
143 500
143 500
Total tax
66 029
65 149
68 953
68 004
After tax
77 471
78 351
74 547
75 496
Living cost
39 153
39 153
39 153
39 153
Free-cash
38 318
39 198
35 394
36 343

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽31782
₽46058
₽38161
₽53997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
trade
-
-
-
15 836
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.

-
-
-
40 425
health

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

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

-
-
-
6 941
surtax

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

-
-
-
2 223
total
-
-
-
65 425
Employee

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

51 525
-
143 500
-
health

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

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

6 941
-
6 941
-
surtax

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

243
-
2 223
-
income

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

4 427
-
40 425
-
total
11 611
-
49 589
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 975
143 500
-
-
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.

760
1 184
-
-
income
13 796
21 526
-
-
trade
15 130
23 606
-
-
chamber of commerce
285
359
-
-
total
29 971
46 675
-
-
Dividends
62 004
96 826
-
-
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.

831
1 309
-
-
withholding
15 115
23 820
-
-
total
15 946
25 129
-
-
Income
143 500
143 500
143 500
143 500
Total tax
57 528
71 804
49 589
65 425
After tax
85 972
71 696
93 911
78 075
Living cost
39 914
39 914
39 914
39 914
Free-cash
46 058
31 782
53 997
38 161

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽71847
₽67634
₽66904
₽65544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
23 542
health
-
-
-
3 660
social contributions
-
-
-
16 439
total
-
-
-
43 641
Employee
78 128
78 128
132 307
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
2 250
-
income
8 204
7 232
22 812
-
total
12 777
15 044
33 808
-
Employer
78 128
78 128
132 307
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
2 447
-
total
4 642
7 930
11 193
-
Corporate
93 124
57 441
-
-
income
11 640
7 180
-
-
total
11 640
7 180
-
-
Dividends
81 484
50 261
-
-
withholding
13 852
8 544
-
-
total
13 852
8 544
-
-
Income
143 500
143 500
143 500
143 500
Total tax
42 911
38 698
45 001
43 641
After tax
100 589
104 802
98 499
99 859
Living cost
32 955
32 955
32 955
32 955
Free-cash
67 634
71 847
65 544
66 904

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽62279
₽62661
₽81006
₽64785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
17 543
pensions
-
-
-
14 350
unemployment
-
-
-
2 152
health
-
-
-
10 045
total
-
-
-
44 090
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 567
10 573
120 084
-
health
1 860
740
8 406
-
income
3 248
1 293
14 680
-
pensions
2 657
1 057
12 008
-
unemployment
399
159
1 801
-
total
8 164
3 249
36 895
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 567
10 573
120 084
-
pensions
5 181
2 062
23 416
-
total
5 181
2 062
23 416
-
Corporate
111 753
130 865
-
-
income
10 058
11 778
-
-
total
10 058
11 778
-
-
Dividends
101 695
119 087
-
-
social contributions
19 710
23 101
-
-
withholding
19 322
22 627
-
-
total
39 032
45 728
-
-
Income
143 500
143 500
143 500
143 500
Total tax
62 435
62 817
60 311
44 090
After tax
81 065
80 683
83 189
99 410
Living cost
18 404
18 404
18 404
18 404
Free-cash
62 661
62 279
64 785
81 006

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽90259
₽83946
₽52375
₽58172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
19 229
pensions
-
-
-
28 700
health
-
-
-
18 655
total
-
-
-
66 584
Employee
28 823
-
107 249
-
income
3 245
-
20 677
-
pensions
577
-
2 144
-
unemployment
461
-
1 716
-
total
4 283
-
24 537
-
Employer
28 823
-
107 249
-
unemployment
231
-
858
-
pensions
5 765
-
21 450
-
health
3 746
-
13 942
-
total
9 742
-
36 250
-
Corporate
104 934
143 500
-
-
income
20 988
28 700
-
-
total
20 988
28 700
-
-
Dividends
83 946
114 800
-
-
total
-
-
-
-
Income
143 500
143 500
143 500
143 500
Total tax
35 013
28 700
60 787
66 584
After tax
108 487
114 800
82 713
76 916
Living cost
24 541
24 541
24 541
24 541
Free-cash
83 946
90 259
58 172
52 375

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽10569
₽8220
₽76027
₽54552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
accident
-
-
-
255
income
-
-
-
38 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
45 280
Employee
34 910
-
127 147
-
health
3 997
-
14 558
-
income
4 789
-
28 148
-
pensions
3 931
-
7 696
-
total
12 717
-
50 402
-
Employer
34 910
-
127 147
-
accident
583
-
2 124
-
unemployment
855
-
3 115
-
pensions
5 677
-
11 114
-
total
7 115
-
16 353
-
Corporate
101 475
143 500
-
-
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.

91 327
129 150
-
-
total
91 327
129 150
-
-
Dividends
10 148
14 350
-
-
withholding
1 928
2 726
-
-
total
1 928
2 726
-
-
Income
143 500
143 500
143 500
143 500
Total tax
113 087
131 876
66 755
45 280
After tax
30 413
11 624
76 745
98 220
Living cost
22 193
22 193
22 193
22 193
Free-cash
8 220
-10 569
54 552
76 027

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽127064
₽125328
₽132804
₽105539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
143 500
microenterprise

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

-
-
-
1 435
total
-
-
-
1 435
Employee
11 576
-
143 500
-
income
2 315
-
28 700
-
total
2 315
-
28 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

131 924
143 500
-
-
total
-
-
-
-
Dividends
131 924
143 500
-
-
withholding
6 596
7 175
-
-
total
6 596
7 175
-
-
Income
143 500
143 500
143 500
143 500
Total tax
8 911
7 175
28 700
1 435
After tax
134 589
136 325
114 800
142 065
Living cost
9 261
9 261
9 261
9 261
Free-cash
125 328
127 064
105 539
132 804

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽78356
₽71495
₽49174
₽55109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
19 684
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.

-
-
-
34 438
other
-
-
-
6 816
health
-
-
-
6 315
total
-
-
-
67 253
Employee
36 891
-
114 617
-
health
517
-
1 604
-
income
6 351
-
21 663
-
pensions

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

2 582
-
8 023
-
unemployment
368
-
1 145
-
total
9 818
-
32 435
-
Employer
36 891
-
114 617
-
accident
295
-
918
-
other
1 845
-
5 732
-
unemployment
368
-
1 145
-
pensions

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

6 272
-
19 484
-
health
517
-
1 604
-
total
9 297
-
28 883
-
Corporate
97 311
143 500
-
-
income
20 436
30 135
-
-
total
20 436
30 135
-
-
Dividends
76 875
113 365
-
-
withholding
5 381
7 936
-
-
total
5 381
7 936
-
-
Income
143 500
143 500
143 500
143 500
Total tax
44 932
38 071
61 318
67 253
After tax
98 568
105 429
82 182
76 247
Living cost
27 073
27 073
27 073
27 073
Free-cash
71 495
78 356
55 109
49 174

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽29480
₽25059
₽29504
₽16313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
37 118
pensions
-
-
-
8 469
total
-
-
-
45 587
Employee
96 788
-
125 695
-
health
1 595
-
1 965
-
income
17 447
-
28 323
-
pensions
9 337
-
10 685
-
total
28 379
-
40 973
-
Employer
96 788
-
125 695
-
pensions
11 428
-
15 417
-
health
1 838
-
2 388
-
total
13 266
-
17 805
-
Corporate
33 446
143 500
-
-
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.

6 355
27 264
-
-
total
6 355
27 264
-
-
Dividends
27 091
116 236
-
-
withholding
2 032
18 347
-
-
total
2 032
18 347
-
-
Income
143 500
143 500
143 500
143 500
Total tax
50 032
45 611
58 778
45 587
After tax
93 468
97 889
84 722
97 913
Living cost
68 409
68 409
68 409
68 409
Free-cash
25 059
29 480
16 313
29 504

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽109370
₽104651
₽99176
₽104422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
21 525
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
31 002
Employee
17 641
-
136 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
13 654
-
pensions

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

1 549
-
3 116
-
total
4 318
-
18 793
-
Employer
17 641
-
136 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
122 398
143 500
-
-
income
12 240
14 350
-
-
total
12 240
14 350
-
-
Dividends
110 158
129 150
-
-
withholding
5 508
6 458
-
-
total
5 508
6 458
-
-
Income
143 500
143 500
143 500
143 500
Total tax
25 527
20 808
25 756
31 002
After tax
117 973
122 692
117 744
112 498
Living cost
13 322
13 322
13 322
13 322
Free-cash
104 651
109 370
104 422
99 176

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽14176
₽16731
₽25352
₽29464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
37 374
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
61 807
Employee
94 199
86 765
124 618
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
14 380
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
38 813
-
Employer
94 199
86 765
124 618
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
32 807
41 541
-
-
income
6 561
8 308
-
-
total
6 561
8 308
-
-
Dividends
26 246
33 233
-
-
income
5 578
7 063
-
-
withholding
3 937
4 984
-
-
total
9 515
12 047
-
-
Income
143 500
143 500
143 500
143 500
Total tax
70 428
72 983
57 695
61 807
After tax
73 072
70 517
85 805
81 693
Living cost
56 341
56 341
56 341
56 341
Free-cash
16 731
14 176
29 464
25 352

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽74526
₽65866
₽51545
₽48547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
13 380
health
-
-
-
19 372
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
67 681
Employee
35 697
-
107 090
-
social contributions
2 320
-
6 961
-
health
4 819
-
14 457
-
solidarity contribution
-
-
-
-
income
4 284
-
12 851
-
total
11 423
-
34 269
-
Employer
35 697
-
107 090
-
social contributions
8 924
-
26 772
-
health
3 213
-
9 638
-
total
12 137
-
36 410
-
Corporate
95 666
143 500
-
-
income
18 177
27 265
-
-
total
18 177
27 265
-
-
Dividends
77 490
116 235
-
-
withholding
11 623
17 435
-
-
total
11 623
17 435
-
-
Income
143 500
143 500
143 500
143 500
Total tax
53 360
44 700
70 679
67 681
After tax
90 140
98 800
72 821
75 819
Living cost
24 274
24 274
24 274
24 274
Free-cash
65 866
74 526
48 547
51 545

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽33689
₽28386
₽27784
₽20971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
municipal
-
-
-
852
regional
-
-
-
1 657
national
-
-
-
33 426
social contributions
-
-
-
36 908
total
-
-
-
72 843
Employee
90 299
-
143 500
-
social contributions
30 449
-
48 388
-
regional
852
-
1 459
-
municipal
478
-
762
-
national
15 647
-
29 047
-
total
47 426
-
79 656
-
Employer
90 299
-
143 500
-
total
-
-
-
-
Corporate
53 201
143 500
-
-
nationa
12 768
34 440
-
-
municipal
2 075
5 597
-
-
total
14 843
40 037
-
-
Dividends
38 358
103 463
-
-
withholding
9 972
26 901
-
-
total
9 972
26 901
-
-
Income
143 500
143 500
143 500
143 500
Total tax
72 241
66 938
79 656
72 843
After tax
71 259
76 562
63 844
70 657
Living cost
42 873
42 873
42 873
42 873
Free-cash
28 386
33 689
20 971
27 784

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽67842
₽64680
₽45673
₽42274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
33 667
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
4 761
total
-
-
-
75 407
Employee
33 600
-
118 544
-
other
-
-
-
-
health
858
-
3 023
-
surtax
110
-
4 225
-
income
5 632
-
30 445
-
pensions
2 240
-
7 907
-
unemployment
2 339
-
8 250
-
total
11 179
-
53 850
-
Employer
33 600
-
118 544
-
other
-
-
-
-
unemployment
1 064
-
3 758
-
pensions
4 479
-
15 803
-
health
1 529
-
5 395
-
total
7 072
-
24 956
-
Corporate
102 828
143 500
-
-
income
26 735
37 309
-
-
total
26 735
37 309
-
-
Dividends
76 093
106 191
-
-
withholding
11 414
15 928
-
-
total
11 414
15 928
-
-
Income
143 500
143 500
143 500
143 500
Total tax
56 400
53 237
78 806
75 407
After tax
87 100
90 263
64 694
68 093
Living cost
22 420
22 420
22 420
22 420
Free-cash
64 680
67 842
42 274
45 673

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽51154
₽52733
₽51178
₽37987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
37 118
pensions
-
-
-
8 469
total
-
-
-
45 587
Employee
64 865
-
125 695
-
health
942
-
1 965
-
income
11 682
-
28 323
-
pensions
5 506
-
10 685
-
total
18 130
-
40 973
-
Employer
64 865
-
125 695
-
pensions
7 022
-
15 417
-
health
1 232
-
2 388
-
total
8 254
-
17 805
-
Corporate
70 381
143 500
-
-
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.

13 372
27 264
-
-
total
13 372
27 264
-
-
Dividends
57 009
116 236
-
-
withholding
4 276
18 347
-
-
total
4 276
18 347
-
-
Income
143 500
143 500
143 500
143 500
Total tax
44 032
45 611
58 778
45 587
After tax
99 468
97 889
84 722
97 913
Living cost
46 735
46 735
46 735
46 735
Free-cash
52 733
51 154
37 987
51 178

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽11997
₽21213
₽40076
₽33106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
city
-
-
-
1 513
pensions
-
-
-
13 202
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.

-
-
-
2 871
regional
-
-
-
6 233
health
-
-
-
323
national
-
-
-
1 667
total
-
-
-
25 809
Employee
90 829
-
128 440
-
city
975
-
1 379
-
regional
2 974
-
5 340
-
health
205
-
289
-
pensions
7 631
-
10 788
-
unemployment
-
-
-
-
national
430
-
1 336
-
total
12 215
-
19 132
-
Employer
90 829
-
128 440
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 816
-
2 570
-
unemployment
-
-
-
-
pensions
7 631
-
10 788
-
health
205
-
289
-
total
9 652
-
13 647
-
Corporate
42 020
143 500
-
-
regional
8 887
30 350
-
-
national
3 572
12 198
-
-
total
12 459
42 548
-
-
Dividends
29 561
100 952
-
-
withholding
10 346
35 334
-
-
total
10 346
35 334
-
-
Income
143 500
143 500
143 500
143 500
Total tax
44 672
77 882
32 779
25 809
After tax
98 828
65 618
110 721
117 691
Living cost
77 615
77 615
77 615
77 615
Free-cash
21 213
-11 997
33 106
40 076

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽24412
₽40889
₽30857
₽47366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
trade
-
-
-
16 509
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.

-
-
-
40 425
health

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

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

-
-
-
6 941
surtax

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

-
-
-
2 223
total
-
-
-
66 098
Employee

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

61 062
-
143 500
-
health

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

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

6 941
-
6 941
-
surtax

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

395
-
2 223
-
income

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

7 180
-
40 425
-
total
14 516
-
49 589
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 438
143 500
-
-
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.

681
1 184
-
-
income
12 365
21 526
-
-
trade
14 139
24 611
-
-
chamber of commerce
270
357
-
-
total
27 455
47 678
-
-
Dividends
54 983
95 823
-
-
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.

735
1 296
-
-
withholding
13 360
23 569
-
-
total
14 095
24 865
-
-
Income
143 500
143 500
143 500
143 500
Total tax
56 066
72 543
49 589
66 098
After tax
87 434
70 957
93 911
77 402
Living cost
46 545
46 545
46 545
46 545
Free-cash
40 889
24 412
47 366
30 857

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽37562
₽43565
₽46676
₽48076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
19 593
pensions
-
-
-
28 970
other
-
-
-
4 448
health
-
-
-
4 961
surtax
-
-
-
-
social contributions
-
-
-
4 090
total
-
-
-
62 062
Employee
43 485
-
113 175
-
social contributions
1 240
-
3 224
-
surtax
-
-
-
-
income
2 566
-
20 125
-
pensions
4 917
-
6 991
-
total
8 723
-
30 340
-
Employer
43 485
-
113 175
-
other
1 500
-
4 040
-
social contributions
131
-
339
-
unemployment
1 760
-
4 583
-
pensions
7 144
-
11 926
-
health
3 045
-
9 434
-
total
13 580
-
30 322
-
Corporate
86 435
143 500
-
-
surtax
-
-
-
-
income
24 202
40 180
-
-
total
24 202
40 180
-
-
Dividends
62 234
103 320
-
-
surtax
-
-
-
-
social contributions
10 703
17 771
-
-
withholding
7 965
13 225
-
-
total
18 668
30 996
-
-
Income
143 500
143 500
143 500
143 500
Total tax
65 173
71 176
60 662
62 062
After tax
78 327
72 324
82 838
81 438
Living cost
34 762
34 762
34 762
34 762
Free-cash
43 565
37 562
48 076
46 676

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽41006
₽46651
₽50120
₽51520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
19 593
pensions
-
-
-
28 970
other
-
-
-
4 448
health
-
-
-
4 961
surtax
-
-
-
-
social contributions
-
-
-
4 090
total
-
-
-
62 062
Employee
38 816
-
113 175
-
social contributions
1 107
-
3 224
-
surtax
-
-
-
-
income
2 001
-
20 125
-
pensions
4 390
-
6 991
-
total
7 498
-
30 340
-
Employer
38 816
-
113 175
-
other
1 340
-
4 040
-
social contributions
116
-
339
-
unemployment
1 571
-
4 583
-
pensions
6 378
-
11 926
-
health
2 717
-
9 434
-
total
12 122
-
30 322
-
Corporate
92 562
143 500
-
-
surtax
-
-
-
-
income
25 918
40 180
-
-
total
25 918
40 180
-
-
Dividends
66 644
103 320
-
-
surtax
-
-
-
-
social contributions
11 463
17 771
-
-
withholding
8 530
13 225
-
-
total
19 993
30 996
-
-
Income
143 500
143 500
143 500
143 500
Total tax
65 531
71 176
60 662
62 062
After tax
77 969
72 324
82 838
81 438
Living cost
31 318
31 318
31 318
31 318
Free-cash
46 651
41 006
51 520
50 120

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽66002
₽66531
₽70608
₽68692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
21 526
health
-
-
-
10 017
social contributions
-
-
-
19 804
total
-
-
-
51 347
Employee
34 450
-
143 500
-
social contributions
4 755
-
19 804
-
health
2 404
-
10 017
-
income
5 746
-
23 442
-
total
12 905
-
53 263
-
Employer
34 450
-
143 500
-
total
-
-
-
-
Corporate
109 050
143 500
-
-
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%.

5 453
7 175
-
-
total
5 453
7 175
-
-
Dividends
103 598
136 325
-
-
health
7 230
9 515
-
-
social contributions
14 297
18 813
-
-
withholding
15 539
20 450
-
-
total
37 066
48 778
-
-
Income
143 500
143 500
143 500
143 500
Total tax
55 424
55 953
53 263
51 347
After tax
88 076
87 547
90 237
92 153
Living cost
21 545
21 545
21 545
21 545
Free-cash
66 531
66 002
68 692
70 608

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽43935
₽42366
₽37182
₽2344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
chamber of commerce
-
-
-
575
income
-
-
-
32 470
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
70 517
Employee
50 777
40 491
111 273
-
other
507
405
1 113
-
health
1 965
1 568
4 305
-
income
5 781
2 987
26 124
-
pensions
5 200
4 145
11 395
-
unemployment
1 523
1 215
3 338
-
total
14 976
10 320
46 275
-
Employer
50 777
40 491
111 273
-
accident
659
526
1 446
-
other
2 412
1 922
5 287
-
chamber of commerce
202
162
445
-
unemployment
1 523
1 215
3 338
-
surtax
201
201
201
-
pensions
6 372
5 083
13 965
-
payroll
1 523
1 215
3 338
-
health
1 918
1 531
4 205
-
total
14 810
11 855
32 225
-
Corporate
77 911
91 155
107 419
-
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.

19 478
22 788
26 855
-
total
19 478
22 788
26 855
-
Dividends
58 433
68 367
-
-
withholding
16 069
18 801
-
-
total
16 069
18 801
-
-
Income
143 500
143 500
143 500
143 500
Total tax
65 333
63 764
105 355
70 517
After tax
78 167
79 736
38 145
72 983
Living cost
35 801
35 801
35 801
35 801
Free-cash
42 366
43 935
2 344
37 182

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽43281
₽28043
₽26161
₽15462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
national
-
-
-
50 486
communal

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

-
-
-
7 257
social contributions
-
-
-
22 550
total
-
-
-
80 293
Employee

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

72 678
-
111 142
-
communal

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

3 791
-
5 798
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 415
-
5 223
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 451
-
8 335
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

632
-
966
-
national
22 344
-
38 319
-
total
35 633
-
58 641
-
Employer

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

72 678
-
111 142
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

945
-
1 444
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 060
-
1 623
-
surtax
8 241
-
12 602
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6 440
-
9 847
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 469
-
6 835
-
total
21 155
-
32 351
-
Corporate
49 667
143 500
-
-
surtax
199
575
-
-
income
9 934
28 700
-
-
total
10 133
29 275
-
-
Dividends
39 535
114 225
-
-
withholding

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

11 490
33 898
-
-
total
11 490
33 898
-
-
Income
143 500
143 500
143 500
143 500
Total tax
78 411
63 173
90 992
80 293
After tax
65 089
80 327
52 508
63 207
Living cost
37 046
37 046
37 046
37 046
Free-cash
28 043
43 281
15 462
26 161

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽59386
₽51804
₽44202
₽39319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
accident
-
-
-
848
income
-
-
-
34 354
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
62 605
Employee
50 576
-
113 477
-
other
50
-
94
-
income
10 671
-
31 485
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
37 466
-
Employer
50 576
-
113 477
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
76 803
143 500
-
-
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.

11 521
21 526
-
-
total
11 521
21 526
-
-
Dividends
65 283
121 974
-
-
withholding
13 478
25 895
-
-
total
13 478
25 895
-
-
Income
143 500
143 500
143 500
143 500
Total tax
55 003
47 421
67 488
62 605
After tax
88 497
96 079
76 012
80 895
Living cost
36 693
36 693
36 693
36 693
Free-cash
51 804
59 386
39 319
44 202

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽30578
₽19535
₽19703
₽25428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
accident
-
-
-
1 209
income
-
-
-
19 597
pensions
-
-
-
21 508
health
-
-
-
10 082
surtax
-
-
-
7 115
communal
-
-
-
9 070
total
-
-
-
68 581
Employee
76 944
-
128 183
-
health
3 424
-
5 703
-
surtax
4 716
-
7 855
-
income
7 432
-
23 729
-
pensions
6 155
-
10 254
-
total
21 727
-
47 541
-
Employer
76 944
-
128 183
-
accident
692
-
1 153
-
pensions
6 155
-
10 254
-
health
2 347
-
3 908
-
total
9 194
-
15 315
-
Corporate
57 363
143 500
-
-
surtax
602
1 506
-
-
communal
3 872
9 687
-
-
income
8 605
21 526
-
-
total
13 079
32 719
-
-
Dividends
44 285
110 782
-
-
income
18 107
8 370
-
-
withholding
6 642
16 617
-
-
total
24 749
24 987
-
-
Income
143 500
143 500
143 500
143 500
Total tax
68 749
57 706
62 856
68 581
After tax
74 751
85 794
80 644
74 919
Living cost
55 216
55 216
55 216
55 216
Free-cash
19 535
30 578
25 428
19 703

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽67442
₽64208
₽45272
₽41873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
33 667
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
4 761
total
-
-
-
75 407
Employee
34 217
-
118 544
-
other
-
-
-
-
health
873
-
3 023
-
surtax
121
-
4 225
-
income
5 736
-
30 445
-
pensions
2 283
-
7 907
-
unemployment
2 381
-
8 250
-
total
11 394
-
53 850
-
Employer
34 217
-
118 544
-
other
-
-
-
-
unemployment
1 086
-
3 758
-
pensions
4 562
-
15 803
-
health
1 556
-
5 395
-
total
7 204
-
24 956
-
Corporate
102 080
143 500
-
-
income
26 541
37 309
-
-
total
26 541
37 309
-
-
Dividends
75 539
106 191
-
-
withholding
11 332
15 928
-
-
total
11 332
15 928
-
-
Income
143 500
143 500
143 500
143 500
Total tax
56 471
53 237
78 806
75 407
After tax
87 029
90 263
64 694
68 093
Living cost
22 821
22 821
22 821
22 821
Free-cash
64 208
67 442
41 873
45 272

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽48056
₽45803
₽42780
₽36002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
municipal
-
-
-
852
regional
-
-
-
2 164
national
-
-
-
33 426
social contributions
-
-
-
36 908
total
-
-
-
73 350
Employee
56 361
-
143 500
-
social contributions
19 005
-
48 388
-
regional
759
-
1 931
-
municipal
299
-
762
-
national
8 929
-
29 047
-
total
28 992
-
80 128
-
Employer
56 361
-
143 500
-
total
-
-
-
-
Corporate
87 139
143 500
-
-
nationa
20 912
34 440
-
-
municipal
4 331
7 132
-
-
total
25 243
41 572
-
-
Dividends
61 896
101 928
-
-
withholding
16 092
26 502
-
-
total
16 092
26 502
-
-
Income
143 500
143 500
143 500
143 500
Total tax
70 327
68 074
80 128
73 350
After tax
73 173
75 426
63 372
70 150
Living cost
27 370
27 370
27 370
27 370
Free-cash
45 803
48 056
36 002
42 780

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽68888
₽58217
₽45907
₽42909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
13 380
health
-
-
-
19 372
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
67 681
Employee
43 988
-
107 090
-
social contributions
2 859
-
6 961
-
health
5 938
-
14 457
-
solidarity contribution
-
-
-
-
income
5 278
-
12 851
-
total
14 075
-
34 269
-
Employer
43 988
-
107 090
-
social contributions
10 997
-
26 772
-
health
3 959
-
9 638
-
total
14 956
-
36 410
-
Corporate
84 557
143 500
-
-
income
16 066
27 265
-
-
total
16 066
27 265
-
-
Dividends
68 491
116 235
-
-
withholding
10 274
17 435
-
-
total
10 274
17 435
-
-
Income
143 500
143 500
143 500
143 500
Total tax
55 371
44 700
70 679
67 681
After tax
88 129
98 800
72 821
75 819
Living cost
29 912
29 912
29 912
29 912
Free-cash
58 217
68 888
42 909
45 907

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽47430
₽46931
₽40769
₽5765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
chamber of commerce
-
-
-
575
income
-
-
-
32 470
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
70 316
Employee
44 414
40 491
111 430
-
other
443
405
1 114
-
health
1 718
1 568
4 313
-
income
3 957
2 987
26 176
-
pensions
4 548
4 145
11 411
-
unemployment
1 332
1 215
3 343
-
total
11 998
10 320
46 357
-
Employer
44 414
40 491
111 430
-
accident
577
526
1 448
-
other
2 109
1 922
5 293
-
chamber of commerce
177
162
445
-
unemployment
1 332
1 215
3 343
-
surtax
-
-
-
-
pensions
5 574
5 083
13 985
-
payroll
1 332
1 215
3 343
-
health
1 679
1 531
4 213
-
total
12 780
11 654
32 070
-
Corporate
86 305
91 356
107 573
-
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.

21 576
22 839
26 893
-
total
21 576
22 839
26 893
-
Dividends
64 729
68 517
-
-
withholding
17 800
18 842
-
-
total
17 800
18 842
-
-
Income
143 500
143 500
143 500
143 500
Total tax
64 154
63 655
105 320
70 316
After tax
79 346
79 845
38 180
73 184
Living cost
32 415
32 415
32 415
32 415
Free-cash
46 931
47 430
5 765
40 769

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽121893
₽119187
₽127633
₽100368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
143 500
microenterprise

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

-
-
-
1 435
total
-
-
-
1 435
Employee
18 040
-
143 500
-
income
3 608
-
28 700
-
total
3 608
-
28 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

125 460
143 500
-
-
total
-
-
-
-
Dividends
125 460
143 500
-
-
withholding
6 273
7 175
-
-
total
6 273
7 175
-
-
Income
143 500
143 500
143 500
143 500
Total tax
9 881
7 175
28 700
1 435
After tax
133 619
136 325
114 800
142 065
Living cost
14 432
14 432
14 432
14 432
Free-cash
119 187
121 893
100 368
127 633

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽71546
₽63049
₽44632
₽40833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
income
-
-
-
31 071
pensions
-
-
-
26 207
unemployment
-
-
-
216
health
-
-
-
14 122
total
-
-
-
71 616
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 929
-
124 167
-
health
2 902
-
8 021
-
income
7 748
-
28 642
-
pensions
6 964
-
19 247
-
unemployment
64
-
174
-
total
17 678
-
56 084
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 929
-
124 167
-
unemployment
27
-
75
-
pensions
3 976
-
10 988
-
health
2 992
-
8 268
-
total
6 995
-
19 331
-
Corporate
91 575
143 500
-
-
income
17 399
27 266
-
-
total
17 399
27 266
-
-
Dividends
74 176
116 234
-
-
withholding
11 127
17 436
-
-
total
11 127
17 436
-
-
Income
143 500
143 500
143 500
143 500
Total tax
53 199
44 702
75 415
71 616
After tax
90 301
98 798
68 085
71 884
Living cost
27 252
27 252
27 252
27 252
Free-cash
63 049
71 546
40 833
44 632

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽43405
-₽8202
₽55270
₽86215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
27 971
social contributions
-
-
-
16 359
total
-
-
-
44 330
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
143 500
-
-
income
-
31 570
-
-
total
-
31 570
-
-
Dividends
-
111 930
-
-
income
-
24 625
-
-
total
-
24 625
-
-
Income
143 500
143 500
143 500
143 500
Total tax
107 802
56 195
13 385
44 330
After tax
35 698
87 305
130 115
99 170
Living cost
43 900
43 900
43 900
43 900
Free-cash
-8 202
43 405
86 215
55 270

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽49752
₽48729
₽46192
₽36380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
income
-
-
-
15 571
surtax
-
-
-
-
social contributions

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

-
-
-
49 867
total
-
-
-
65 438
Employee
46 730
-
115 959
-
social contributions
5 140
-
12 755
-
surtax
-
-
-
-
income
9 720
-
34 956
-
total
14 860
-
47 711
-
Employer
46 730
-
115 959
-
social contributions
11 098
-
27 539
-
total
11 098
-
27 539
-
Corporate
85 672
143 500
-
-
surtax
-
-
-
-
income
17 991
30 135
-
-
total
17 991
30 135
-
-
Dividends
67 681
113 365
-
-
withholding
18 952
31 743
-
-
total
18 952
31 743
-
-
Income
143 500
143 500
143 500
143 500
Total tax
62 901
61 878
75 250
65 438
After tax
80 599
81 622
68 250
78 062
Living cost
31 870
31 870
31 870
31 870
Free-cash
48 729
49 752
36 380
46 192

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽23251
₽30237
₽32365
₽33765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
19 593
pensions
-
-
-
28 970
other
-
-
-
4 448
health
-
-
-
4 961
surtax
-
-
-
-
social contributions
-
-
-
4 090
total
-
-
-
62 062
Employee
63 636
-
113 175
-
social contributions
1 812
-
3 224
-
surtax
-
-
-
-
income
5 552
-
20 125
-
pensions
7 198
-
6 991
-
total
14 562
-
30 340
-
Employer
63 636
-
113 175
-
other
2 196
-
4 040
-
social contributions
191
-
339
-
unemployment
2 578
-
4 583
-
pensions
10 456
-
11 926
-
health
4 454
-
9 434
-
total
19 875
-
30 322
-
Corporate
59 989
143 500
-
-
surtax
-
-
-
-
income
16 796
40 180
-
-
total
16 796
40 180
-
-
Dividends
43 193
103 320
-
-
surtax
-
-
-
-
social contributions
7 429
17 771
-
-
withholding
5 528
13 225
-
-
total
12 957
30 996
-
-
Income
143 500
143 500
143 500
143 500
Total tax
64 190
71 176
60 662
62 062
After tax
79 310
72 324
82 838
81 438
Living cost
49 073
49 073
49 073
49 073
Free-cash
30 237
23 251
33 765
32 365

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽98609
₽95194
₽76366
₽80178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
5 023
social contributions
-
-
-
31 569
total
-
-
-
36 592
Employee
32 665
-
124 242
-
income
-
-
5 447
-
social contributions
2 123
-
8 075
-
total
2 123
-
13 522
-
Employer
32 665
-
124 242
-
social contributions
5 063
-
19 258
-
total
5 063
-
19 258
-
Corporate
105 772
143 500
-
-
income
10 578
14 349
-
-
total
10 578
14 349
-
-
Dividends
95 195
129 151
-
-
total
-
-
-
-
Income
143 500
143 500
143 500
143 500
Total tax
17 764
14 349
32 780
36 592
After tax
125 736
129 151
110 720
106 908
Living cost
30 542
30 542
30 542
30 542
Free-cash
95 194
98 609
80 178
76 366

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽77848
-₽77848
₽37754
-₽77848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
municipal
-
-
-
28 839
pensions
-
-
-
881
national
-
-
-
15 689
labour market
-
-
-
11 410
total
-
-
-
56 819
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
143 500
143 500
143 500
143 500
Total tax
172 421
172 421
172 421
56 819
After tax
-28 921
-28 921
-28 921
86 681
Living cost
48 927
48 927
48 927
48 927
Free-cash
-77 848
-77 848
-77 848
37 754

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽10241
₽8269
₽76355
₽54880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
accident
-
-
-
255
income
-
-
-
38 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
45 280
Employee
34 396
-
127 147
-
health
3 939
-
14 558
-
income
4 719
-
28 148
-
pensions
3 873
-
7 696
-
total
12 531
-
50 402
-
Employer
34 396
-
127 147
-
accident
574
-
2 124
-
unemployment
843
-
3 115
-
pensions
5 593
-
11 114
-
total
7 010
-
16 353
-
Corporate
102 094
143 500
-
-
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.

91 885
129 150
-
-
total
91 885
129 150
-
-
Dividends
10 210
14 350
-
-
withholding
1 940
2 726
-
-
total
1 940
2 726
-
-
Income
143 500
143 500
143 500
143 500
Total tax
113 366
131 876
66 755
45 280
After tax
30 134
11 624
76 745
98 220
Living cost
21 865
21 865
21 865
21 865
Free-cash
8 269
-10 241
54 880
76 355

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽53116
₽54487
₽58201
₽38526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
143 500
municipal
-
-
-
25 509
health
-
-
-
1 785
national
-
-
-
18 997
total
-
-
-
46 291
Employee
53 456
-
120 719
-
health
399
-
1 435
-
municipal
8 756
-
19 678
-
pensions
3 608
-
8 148
-
unemployment
802
-
1 811
-
national
883
-
12 114
-
total
14 448
-
43 186
-
Employer
53 456
-
120 719
-
accident
54
-
121
-
unemployment
347
-
785
-
pensions
9 274
-
20 945
-
health
411
-
929
-
total
10 086
-
22 780
-
Corporate
79 958
143 500
-
-
income
15 992
28 700
-
-
total
15 992
28 700
-
-
Dividends

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

47 975
86 100
-
-
national
843
7 178
-
-
municipal
8 636
15 498
-
-
total
9 479
22 676
-
-
Income
143 500
143 500
143 500
143 500
Total tax
50 005
51 376
65 966
46 291
After tax
93 495
92 124
77 534
97 209
Living cost
39 008
39 008
39 008
39 008
Free-cash
54 487
53 116
38 526
58 201

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽81278
₽75747
₽76335
₽74975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
23 542
health
-
-
-
3 660
social contributions
-
-
-
16 439
total
-
-
-
43 641
Employee
78 128
78 128
132 307
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
2 250
-
income
8 507
7 232
22 812
-
total
12 066
15 044
33 808
-
Employer
78 128
78 128
132 307
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
2 447
-
total
3 611
7 930
11 193
-
Corporate
104 298
57 441
-
-
income
13 038
7 180
-
-
total
13 038
7 180
-
-
Dividends
91 260
50 261
-
-
withholding
15 514
8 544
-
-
total
15 514
8 544
-
-
Income
143 500
143 500
143 500
143 500
Total tax
44 229
38 698
45 001
43 641
After tax
99 271
104 802
98 499
99 859
Living cost
23 524
23 524
23 524
23 524
Free-cash
75 747
81 278
74 975
76 335

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽102701
₽97529
₽102892
₽82512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
143 500
income
-
-
-
14 307
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
24 476
Employee

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

23 322
-
133 570
-
health
1 982
-
8 195
-
income
1 595
-
11 789
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
34 927
-
Employer

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

23 322
-
133 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
117 778
143 500
-
-
income
10 601
12 915
-
-
total
10 601
12 915
-
-
Dividends
107 177
130 585
-
-
withholding
9 646
11 752
-
-
total
9 646
11 752
-
-
Income
143 500
143 500
143 500
143 500
Total tax
29 839
24 667
44 856
24 476
After tax
113 661
118 833
98 644
119 024
Living cost
16 132
16 132
16 132
16 132
Free-cash
97 529
102 701
82 512
102 892

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽68139
₽63322
₽52955
₽48072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
accident
-
-
-
848
income
-
-
-
34 354
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
62 605
Employee
37 569
-
113 477
-
other
37
-
94
-
income
7 243
-
31 485
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
37 466
-
Employer
37 569
-
113 477
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
93 954
143 500
-
-
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.

14 093
21 526
-
-
total
14 093
21 526
-
-
Dividends
79 861
121 974
-
-
withholding
16 539
25 895
-
-
total
16 539
25 895
-
-
Income
143 500
143 500
143 500
143 500
Total tax
52 238
47 421
67 488
62 605
After tax
91 262
96 079
76 012
80 895
Living cost
27 940
27 940
27 940
27 940
Free-cash
63 322
68 139
48 072
52 955

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽86763
₽86307
₽88860
₽88663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
48 359
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
51 859
Employee
4 236
-
141 218
-
health
212
-
507
-
income
820
-
48 252
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
49 773
-
Employer
4 236
-
141 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
138 310
143 500
-
-
income
30 428
31 570
-
-
total
30 428
31 570
-
-
Dividends
107 882
111 930
-
-
withholding
21 576
22 386
-
-
total
21 576
22 386
-
-
Income
143 500
143 500
143 500
143 500
Total tax
54 412
53 956
52 056
51 859
After tax
89 088
89 544
91 444
91 641
Living cost
2 781
2 781
2 781
2 781
Free-cash
86 307
86 763
88 663
88 860

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽86120
₽81122
₽65943
₽65944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
income
-
-
-
31 634
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
59 998
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 477
-
130 069
-
health
1 364
-
3 864
-
income
3 650
-
31 634
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
46 566
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 477
-
130 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
112 284
143 500
-
-
income
16 843
21 525
-
-
total
16 843
21 525
-
-
Dividends
95 441
121 975
-
-
withholding
14 316
18 296
-
-
total
14 316
18 296
-
-
Income
143 500
143 500
143 500
143 500
Total tax
44 819
39 821
59 997
59 998
After tax
98 681
103 679
83 503
83 502
Living cost
17 559
17 559
17 559
17 559
Free-cash
81 122
86 120
65 944
65 943

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽54230
₽53866
₽50670
₽40858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
income
-
-
-
15 571
surtax
-
-
-
-
social contributions

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

-
-
-
49 867
total
-
-
-
65 438
Employee
39 435
-
115 959
-
social contributions
4 338
-
12 755
-
surtax
-
-
-
-
income
7 705
-
34 956
-
total
12 043
-
47 711
-
Employer
39 435
-
115 959
-
social contributions
9 365
-
27 539
-
total
9 365
-
27 539
-
Corporate
94 700
143 500
-
-
surtax
-
-
-
-
income
19 887
30 135
-
-
total
19 887
30 135
-
-
Dividends
74 814
113 365
-
-
withholding
20 947
31 743
-
-
total
20 947
31 743
-
-
Income
143 500
143 500
143 500
143 500
Total tax
62 242
61 878
75 250
65 438
After tax
81 258
81 622
68 250
78 062
Living cost
27 392
27 392
27 392
27 392
Free-cash
53 866
54 230
40 858
50 670

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽60371
₽53136
₽45187
₽40304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
accident
-
-
-
848
income
-
-
-
34 354
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
62 605
Employee
49 070
-
113 477
-
other
48
-
94
-
income
10 249
-
31 485
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
37 466
-
Employer
49 070
-
113 477
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
78 785
143 500
-
-
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.

11 817
21 526
-
-
total
11 817
21 526
-
-
Dividends
66 968
121 974
-
-
withholding
13 832
25 895
-
-
total
13 832
25 895
-
-
Income
143 500
143 500
143 500
143 500
Total tax
54 656
47 421
67 488
62 605
After tax
88 844
96 079
76 012
80 895
Living cost
35 708
35 708
35 708
35 708
Free-cash
53 136
60 371
40 304
45 187

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽105213
₽99022
₽95019
₽100265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
21 525
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
31 002
Employee
23 145
-
136 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
13 654
-
pensions

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

2 032
-
3 116
-
total
5 666
-
18 793
-
Employer
23 145
-
136 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
115 814
143 500
-
-
income
11 581
14 350
-
-
total
11 581
14 350
-
-
Dividends
104 232
129 150
-
-
withholding
5 211
6 458
-
-
total
5 211
6 458
-
-
Income
143 500
143 500
143 500
143 500
Total tax
26 999
20 808
25 756
31 002
After tax
116 501
122 692
117 744
112 498
Living cost
17 479
17 479
17 479
17 479
Free-cash
99 022
105 213
100 265
95 019

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽34684
₽47976
₽40872
₽54685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
trade
-
-
-
13 813
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.

-
-
-
40 425
health

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

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

-
-
-
6 941
surtax

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

-
-
-
2 223
total
-
-
-
63 402
Employee

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

50 554
-
143 500
-
health

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

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

6 941
-
6 941
-
surtax

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

229
-
2 223
-
income

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

4 157
-
40 425
-
total
11 327
-
49 589
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 946
143 500
-
-
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.

767
1 184
-
-
income
13 942
21 526
-
-
trade
13 337
20 592
-
-
chamber of commerce
291
364
-
-
total
28 337
43 666
-
-
Dividends
64 608
99 834
-
-
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.

868
1 352
-
-
withholding
15 766
24 572
-
-
total
16 634
25 924
-
-
Income
143 500
143 500
143 500
143 500
Total tax
56 298
69 590
49 589
63 402
After tax
87 202
73 910
93 911
80 098
Living cost
39 226
39 226
39 226
39 226
Free-cash
47 976
34 684
54 685
40 872

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽42573
₽44814
₽21896
₽21896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
40 606
social contributions
-
-
-
23 120
total
-
-
-
63 726
Employee
79 477
-
143 500
-
income
14 997
-
40 606
-
social contributions
6 603
-
23 120
-
total
21 600
-
63 726
-
Employer
79 477
-
143 500
-
total
-
-
-
-
Corporate
64 023
143 500
-
-
income
8 004
17 937
-
-
total
8 004
17 937
-
-
Dividends
56 020
125 563
-
-
withholding
11 204
25 112
-
-
total
11 204
25 112
-
-
Income
143 500
143 500
143 500
143 500
Total tax
40 808
43 049
63 726
63 726
After tax
102 692
100 451
79 774
79 774
Living cost
57 878
57 878
57 878
57 878
Free-cash
44 814
42 573
21 896
21 896

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽51024
₽54576
₽70884
₽67313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
138 826
-
income
5 057
-
29 957
-
social contributions
4 670
-
4 674
-
total
9 727
-
34 631
-
Employer
46 610
-
138 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
92 220
143 500
-
-
income
32 277
50 226
-
-
total
32 277
50 226
-
-
Dividends
59 944
93 274
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
143 500
143 500
143 500
143 500
Total tax
52 042
55 594
39 305
35 734
After tax
91 458
87 906
104 195
107 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
54 576
51 024
67 313
70 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽59895
₽63750
₽59919
₽46728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
income
-
-
-
37 118
pensions
-
-
-
8 469
total
-
-
-
45 587
Employee
52 152
-
125 695
-
health
680
-
1 965
-
income
9 497
-
28 323
-
pensions
3 981
-
10 685
-
total
14 158
-
40 973
-
Employer
52 152
-
125 695
-
pensions
5 269
-
15 417
-
health
991
-
2 388
-
total
6 260
-
17 805
-
Corporate
85 087
143 500
-
-
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.

16 168
27 264
-
-
total
16 168
27 264
-
-
Dividends
68 920
116 236
-
-
withholding
5 170
18 347
-
-
total
5 170
18 347
-
-
Income
143 500
143 500
143 500
143 500
Total tax
41 756
45 611
58 778
45 587
After tax
101 744
97 889
84 722
97 913
Living cost
37 994
37 994
37 994
37 994
Free-cash
63 750
59 895
46 728
59 919

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

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Warsaw , Poland
-₽12406
₽7938
₽74190
₽52715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
accident
-
-
-
255
income
-
-
-
38 254
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
45 280
Employee
37 800
-
127 147
-
health
4 328
-
14 558
-
income
5 186
-
28 148
-
pensions
4 256
-
7 696
-
total
13 770
-
50 402
-
Employer
37 800
-
127 147
-
accident
631
-
2 124
-
unemployment
926
-
3 115
-
pensions
6 146
-
11 114
-
total
7 703
-
16 353
-
Corporate
97 996
143 500
-
-
income

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

88 197
129 150
-
-
total
88 197
129 150
-
-
Dividends
9 800
14 350
-
-
withholding
1 862
2 726
-
-
total
1 862
2 726
-
-
Income
143 500
143 500
143 500
143 500
Total tax
111 532
131 876
66 755
45 280
After tax
31 968
11 624
76 745
98 220
Living cost
24 030
24 030
24 030
24 030
Free-cash
7 938
-12 406
52 715
74 190

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽107060
₽102316
₽67214
₽84382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
143 500
work injury
-
-
-
717
health insurance
-
-
-
10 619
income
-
-
-
23 129
pensions
-
-
-
26 404
unemployment
-
-
-
1 722
total
-
-
-
62 591
Employee

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

21 911
-
143 500
-
work injury
110
-
405
-
income
2 191
-
23 129
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
45 423
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 589
143 500
-
-
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%.

1 216
1 435
-
-
total
1 216
1 435
-
-
Dividends
120 373
142 065
-
-
withholding
18 056
21 310
-
-
total
18 056
21 310
-
-
Income
143 500
143 500
143 500
143 500
Total tax
27 489
22 745
45 423
62 591
After tax
116 011
120 755
98 077
80 909
Living cost
13 695
13 695
13 695
13 695
Free-cash
102 316
107 060
84 382
67 214

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽35110
₽30485
₽28481
₽21932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
143 500
municipal
-
-
-
960
regional
-
-
-
3 248
national
-
-
-
33 426
social contributions
-
-
-
36 908
total
-
-
-
74 542
Employee
85 618
-
143 500
-
social contributions
28 870
-
48 388
-
regional
1 293
-
2 800
-
municipal
511
-
856
-
national
14 469
-
29 047
-
total
45 143
-
81 091
-
Employer
85 618
-
143 500
-
total
-
-
-
-
Corporate
57 882
143 500
-
-
nationa
13 892
34 440
-
-
municipal
2 790
6 916
-
-
total
16 682
41 356
-
-
Dividends
41 200
102 144
-
-
withholding
10 713
26 558
-
-
total
10 713
26 558
-
-
Income
143 500
143 500
143 500
143 500
Total tax
72 538
67 914
81 091
74 542
After tax
70 962
75 586
62 409
68 958
Living cost
40 476
40 476
40 476
40 476
Free-cash
30 485
35 110
21 932
28 481

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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