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
₽ 144000
per

Your estimated
City
free-cash

Dresden , Germany
₽48324
₽63682
₽53455
₽42395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
trade
-
-
-
15 358
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.

-
-
-
6 831
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.

-
-
-
40 949
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.

-
-
-
2 252
total
-
-
-
65 390
Employee

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

38 244
-
144 000
-
surtax

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

59
-
2 252
-
income

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

1 068
-
40 949
-
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.

6 831
-
6 831
-
total
7 958
-
50 032
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 756
144 000
-
-
trade
16 656
22 681
-
-
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.

873
1 188
-
-
income
15 863
21 601
-
-
chamber of commerce
304
359
-
-
total
33 696
45 829
-
-
Dividends
72 061
98 172
-
-
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.

970
1 328
-
-
withholding
17 635
24 162
-
-
total
18 605
25 490
-
-
Income
144 000
144 000
144 000
144 000
Total tax
60 259
71 319
50 032
65 390
After tax
83 741
72 681
93 968
78 610
Living cost
30 286
30 286
30 286
30 286
Free-cash
53 455
42 395
63 682
48 324

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽35074
₽36206
₽38574
₽39414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
1 548
municipal
-
-
-
15 554
national
-
-
-
24 102
pensions
-
-
-
17 280
total
-
-
-
58 484
Employee
78 195
-
124 487
-
pensions
3 128
-
4 979
-
national
14 966
-
24 965
-
municipal
9 658
-
16 111
-
total
27 752
-
46 055
-
Employer
78 195
-
124 487
-
pensions
6 256
-
9 959
-
social contributions
841
-
1 338
-
total
7 097
-
11 297
-
Corporate
53 548
144 000
-
-
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%.

10 710
28 800
-
-
total
10 710
28 800
-
-
Dividends
42 839
115 200
-
-
withholding
9 425
25 344
-
-
total
9 425
25 344
-
-
Income
144 000
144 000
144 000
144 000
Total tax
54 984
54 144
57 352
58 484
After tax
89 016
89 856
86 648
85 516
Living cost
50 442
50 442
50 442
50 442
Free-cash
38 574
39 414
36 206
35 074

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24998
₽67578
₽86195
₽94398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
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.

-
-
-
38 310
income
-
-
-
23 170
microenterprise
-
-
-
-
surtax
-
-
-
36 720
total
-
-
-
98 200
Employee
29 217
-
102 161
-
income
5 201
-
19 773
-
social contributions

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

3 214
-
11 237
-
surtax
-
-
-
-
total
8 415
-
31 010
-
Employer
29 217
-
102 161
-
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.

7 038
-
24 610
-
surtax
-
-
-
-
total
7 038
-
24 610
-
Corporate
107 745
144 000
-
-
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%.

21 550
28 800
-
-
total
21 550
28 800
-
-
Dividends

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

86 195
115 200
-
-
total
-
-
-
-
Income
144 000
144 000
144 000
144 000
Total tax
37 003
28 800
55 620
98 200
After tax
106 997
115 200
88 380
45 800
Living cost
20 802
20 802
20 802
20 802
Free-cash
86 195
94 398
67 578
24 998

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39848
₽44593
₽22801
₽28928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
health
-
-
-
12 330
income
-
-
-
38 220
pensions
-
-
-
11 715
total
-
-
-
62 265
Employee
85 386
85 386
125 418
-
income

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

13 976
13 976
14 893
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
38 938
-
Employer
85 386
85 386
125 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
44 709
43 662
-
-
income
8 941
8 732
-
-
total
8 941
8 732
-
-
Dividends
35 768
34 929
-
-
withholding
5 366
5 239
-
-
income
7 601
7 423
-
-
total
12 967
12 662
-
-
Income
144 000
144 000
144 000
144 000
Total tax
79 312
73 185
57 520
62 265
After tax
64 688
70 815
86 480
81 735
Living cost
41 887
41 887
41 887
41 887
Free-cash
22 801
28 928
44 593
39 848

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37083
₽36150
₽39314
₽40176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
35 661
health
-
-
-
5 258
national
-
-
-
8 397
pensions
-
-
-
9 109
total
-
-
-
68 469
Employee
54 785
-
117 524
-
national
-
-
7 880
-
municipal
16 337
-
35 046
-
total
16 337
-
42 926
-
Employer
54 785
-
117 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
72 002
144 000
-
-
income
15 840
31 680
-
-
total
15 840
31 680
-
-
Dividends
56 161
112 320
-
-
withholding
16 848
33 696
-
-
total
16 848
33 696
-
-
Income
144 000
144 000
144 000
144 000
Total tax
66 238
65 376
69 402
68 469
After tax
77 762
78 624
74 598
75 531
Living cost
38 448
38 448
38 448
38 448
Free-cash
39 314
40 176
36 150
37 083

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38647
₽54688
₽46708
₽32659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
trade
-
-
-
16 041
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.

-
-
-
6 831
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.

-
-
-
40 949
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.

-
-
-
2 252
total
-
-
-
66 073
Employee

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

50 706
-
144 000
-
surtax

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

239
-
2 252
-
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.

4 357
-
40 949
-
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.

6 831
-
6 831
-
total
11 427
-
50 032
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 294
144 000
-
-
trade
15 347
23 688
-
-
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.

770
1 188
-
-
income
13 994
21 601
-
-
chamber of commerce
285
357
-
-
total
30 396
46 834
-
-
Dividends
62 898
97 167
-
-
surtax

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

844
1 315
-
-
withholding
15 345
23 912
-
-
total
16 189
25 227
-
-
Income
144 000
144 000
144 000
144 000
Total tax
58 012
72 061
50 032
66 073
After tax
85 988
71 939
93 968
77 927
Living cost
39 280
39 280
39 280
39 280
Free-cash
46 708
32 659
54 688
38 647

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽67602
₽66248
₽68578
₽72726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
16 178
health
-
-
-
3 672
income
-
-
-
24 117
total
-
-
-
43 967
Employee
76 887
76 887
132 934
-
income
8 074
7 117
23 388
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
2 260
-
total
12 575
14 805
34 255
-
Employer
76 887
76 887
132 934
-
health
833
1 423
2 459
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
11 066
-
Corporate
94 425
59 309
-
-
income
11 802
7 413
-
-
total
11 802
7 413
-
-
Dividends
82 623
51 896
-
-
withholding
14 045
8 821
-
-
total
14 045
8 821
-
-
Income
144 000
144 000
144 000
144 000
Total tax
42 991
38 843
45 321
43 967
After tax
101 009
105 157
98 679
100 033
Living cost
32 431
32 431
32 431
32 431
Free-cash
68 578
72 726
66 248
67 602

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81520
₽65242
₽63104
₽62724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
unemployment
-
-
-
2 160
health
-
-
-
10 080
income
-
-
-
17 604
pensions
-
-
-
14 400
total
-
-
-
44 244
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
120 502
-
income
3 218
1 281
14 731
-
pensions
2 632
1 048
12 050
-
unemployment
395
157
1 808
-
health
1 843
733
8 435
-
total
8 088
3 219
37 024
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
120 502
-
pensions
5 133
2 043
23 498
-
total
5 133
2 043
23 498
-
Corporate
112 544
131 481
-
-
income
10 129
11 833
-
-
total
10 129
11 833
-
-
Dividends
102 415
119 648
-
-
social contributions
19 851
23 212
-
-
withholding
19 459
22 733
-
-
total
39 310
45 945
-
-
Income
144 000
144 000
144 000
144 000
Total tax
62 660
63 040
60 522
44 244
After tax
81 340
80 960
83 478
99 756
Living cost
18 236
18 236
18 236
18 236
Free-cash
63 104
62 724
65 242
81 520

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽53034
₽58851
₽84838
₽91049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
health
-
-
-
18 720
income
-
-
-
19 295
pensions
-
-
-
28 800
total
-
-
-
66 815
Employee
28 365
-
107 622
-
income
3 193
-
20 749
-
pensions
567
-
2 152
-
unemployment
453
-
1 721
-
total
4 213
-
24 622
-
Employer
28 365
-
107 622
-
pensions
5 673
-
21 525
-
health
3 687
-
13 990
-
unemployment
228
-
861
-
total
9 588
-
36 376
-
Corporate
106 047
144 000
-
-
income
21 210
28 800
-
-
total
21 210
28 800
-
-
Dividends
84 837
115 200
-
-
total
-
-
-
-
Income
144 000
144 000
144 000
144 000
Total tax
35 011
28 800
60 998
66 815
After tax
108 989
115 200
83 002
77 185
Living cost
24 151
24 151
24 151
24 151
Free-cash
84 838
91 049
58 851
53 034

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76638
₽55199
₽8302
-₽10250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
38 510
pensions
-
-
-
4 145
total
-
-
-
45 448
Employee
34 472
-
127 762
-
income
4 729
-
28 421
-
pensions
3 882
-
7 599
-
health
3 947
-
14 629
-
total
12 558
-
50 649
-
Employer
34 472
-
127 762
-
pensions
5 605
-
10 974
-
accident
575
-
2 134
-
unemployment
845
-
3 130
-
total
7 025
-
16 238
-
Corporate
102 503
144 000
-
-
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.

92 253
129 600
-
-
total
92 253
129 600
-
-
Dividends
10 250
14 400
-
-
withholding
1 948
2 736
-
-
total
1 948
2 736
-
-
Income
144 000
144 000
144 000
144 000
Total tax
113 784
132 336
66 887
45 448
After tax
30 216
11 664
77 113
98 552
Living cost
21 914
21 914
21 914
21 914
Free-cash
8 302
-10 250
55 199
76 638

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽133549
₽106189
₽126100
₽127789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
144 000
microenterprise

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

-
-
-
1 440
total
-
-
-
1 440
Employee
11 263
-
144 000
-
income
2 252
-
28 800
-
total
2 252
-
28 800
-
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%.

132 737
144 000
-
-
total
-
-
-
-
Dividends
132 737
144 000
-
-
withholding
6 637
7 200
-
-
total
6 637
7 200
-
-
Income
144 000
144 000
144 000
144 000
Total tax
8 889
7 200
28 800
1 440
After tax
135 111
136 800
115 200
142 560
Living cost
9 011
9 011
9 011
9 011
Free-cash
126 100
127 789
106 189
133 549

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽49788
₽55742
₽72402
₽79153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
6 840
health
-
-
-
6 336
income
-
-
-
19 834
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.

-
-
-
34 559
total
-
-
-
67 569
Employee
36 305
-
115 016
-
income
6 250
-
21 819
-
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.

2 541
-
8 051
-
unemployment
362
-
1 150
-
health
509
-
1 611
-
total
9 662
-
32 631
-
Employer
36 305
-
115 016
-
pensions

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

6 172
-
19 552
-
other
1 816
-
5 751
-
accident
290
-
920
-
health
509
-
1 611
-
unemployment
362
-
1 150
-
total
9 149
-
28 984
-
Corporate
98 545
144 000
-
-
income
20 694
30 240
-
-
total
20 694
30 240
-
-
Dividends
77 852
113 760
-
-
withholding
5 450
7 964
-
-
total
5 450
7 964
-
-
Income
144 000
144 000
144 000
144 000
Total tax
44 955
38 204
61 615
67 569
After tax
99 045
105 796
82 385
76 431
Living cost
26 643
26 643
26 643
26 643
Free-cash
72 402
79 153
55 742
49 788

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30726
₽17509
₽26827
₽30579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
income
-
-
-
37 636
pensions
-
-
-
8 385
total
-
-
-
46 021
Employee
95 153
-
126 099
-
income
17 152
-
28 824
-
pensions
9 180
-
10 555
-
health
1 568
-
1 958
-
total
27 900
-
41 337
-
Employer
95 153
-
126 099
-
pensions
11 235
-
15 505
-
health
1 807
-
2 396
-
total
13 042
-
17 901
-
Corporate
35 805
144 000
-
-
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.

6 803
27 360
-
-
total
6 803
27 360
-
-
Dividends
29 001
116 640
-
-
withholding
2 175
18 808
-
-
total
2 175
18 808
-
-
Income
144 000
144 000
144 000
144 000
Total tax
49 920
46 168
59 238
46 021
After tax
94 080
97 832
84 762
97 979
Living cost
67 253
67 253
67 253
67 253
Free-cash
26 827
30 579
17 509
30 726

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽99969
₽105271
₽105370
₽110013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
21 600
pensions

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

-
-
-
5 168
total
-
-
-
30 924
Employee
17 356
-
137 149
-
income
1 735
-
13 715
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
18 771
-
Employer
17 356
-
137 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
123 238
144 000
-
-
income
12 324
14 400
-
-
total
12 324
14 400
-
-
Dividends
110 914
129 600
-
-
withholding
5 545
6 480
-
-
total
5 545
6 480
-
-
Income
144 000
144 000
144 000
144 000
Total tax
25 523
20 880
25 622
30 924
After tax
118 477
123 120
118 378
113 076
Living cost
13 107
13 107
13 107
13 107
Free-cash
105 370
110 013
105 271
99 969

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26290
₽31035
₽17884
₽15370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
health
-
-
-
12 330
income
-
-
-
38 220
pensions
-
-
-
11 715
total
-
-
-
62 265
Employee
92 702
85 386
125 418
-
income

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

13 976
13 976
14 893
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
38 938
-
Employer
92 702
85 386
125 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
35 067
43 662
-
-
income
7 013
8 732
-
-
total
7 013
8 732
-
-
Dividends
28 054
34 929
-
-
withholding
4 209
5 239
-
-
income
5 962
7 423
-
-
total
10 171
12 662
-
-
Income
144 000
144 000
144 000
144 000
Total tax
70 671
73 185
57 520
62 265
After tax
73 329
70 815
86 480
81 735
Living cost
55 445
55 445
55 445
55 445
Free-cash
17 884
15 370
31 035
26 290

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52495
₽49062
₽66566
₽75132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
34 552
health
-
-
-
19 440
income
-
-
-
13 501
solidarity contribution
-
-
-
-
total
-
-
-
67 493
Employee
35 311
-
107 463
-
income
4 237
-
12 896
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
6 985
-
health
4 767
-
14 507
-
total
11 299
-
34 388
-
Employer
35 311
-
107 463
-
health
3 178
-
9 672
-
social contributions
8 828
-
26 866
-
total
12 006
-
36 538
-
Corporate
96 683
144 000
-
-
income
18 370
27 360
-
-
total
18 370
27 360
-
-
Dividends
78 313
116 640
-
-
withholding
11 747
17 496
-
-
total
11 747
17 496
-
-
Income
144 000
144 000
144 000
144 000
Total tax
53 422
44 856
70 926
67 493
After tax
90 578
99 144
73 074
76 507
Living cost
24 012
24 012
24 012
24 012
Free-cash
66 566
75 132
49 062
52 495

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽28507
₽21735
₽29417
₽34637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
37 037
municipal
-
-
-
856
national
-
-
-
33 741
regional
-
-
-
1 667
total
-
-
-
73 301
Employee
88 864
-
144 000
-
national
15 398
-
29 286
-
social contributions
29 965
-
48 556
-
municipal
471
-
763
-
regional
838
-
1 468
-
total
46 672
-
80 073
-
Employer
88 864
-
144 000
-
total
-
-
-
-
Corporate
55 136
144 000
-
-
nationa
13 233
34 561
-
-
municipal
2 150
5 617
-
-
total
15 383
40 178
-
-
Dividends
39 753
103 823
-
-
withholding
10 336
26 993
-
-
total
10 336
26 993
-
-
Income
144 000
144 000
144 000
144 000
Total tax
72 391
67 171
80 073
73 301
After tax
71 609
76 829
63 927
70 699
Living cost
42 192
42 192
42 192
42 192
Free-cash
29 417
34 637
21 735
28 507

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46268
₽42518
₽65401
₽68513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
34 382
surtax
-
-
-
4 894
pensions
-
-
-
26 690
total
-
-
-
75 668
Employee
33 066
-
118 959
-
income
5 543
-
30 828
-
pensions
2 205
-
7 935
-
unemployment
2 302
-
8 279
-
health
844
-
3 034
-
other
-
-
-
-
surtax
108
-
4 302
-
total
11 002
-
54 378
-
Employer
33 066
-
118 959
-
pensions
4 408
-
15 857
-
other
-
-
-
-
health
1 505
-
5 413
-
unemployment
1 047
-
3 770
-
total
6 960
-
25 040
-
Corporate
103 974
144 000
-
-
income
27 033
37 439
-
-
total
27 033
37 439
-
-
Dividends
76 941
106 561
-
-
withholding
11 540
15 984
-
-
total
11 540
15 984
-
-
Income
144 000
144 000
144 000
144 000
Total tax
56 535
53 423
79 418
75 668
After tax
87 465
90 577
64 582
68 332
Living cost
22 064
22 064
22 064
22 064
Free-cash
65 401
68 513
42 518
46 268

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽52033
₽38816
₽54033
₽51886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
income
-
-
-
37 636
pensions
-
-
-
8 385
total
-
-
-
46 021
Employee
63 769
-
126 099
-
income
11 485
-
28 824
-
pensions
5 413
-
10 555
-
health
926
-
1 958
-
total
17 824
-
41 337
-
Employer
63 769
-
126 099
-
pensions
6 903
-
15 505
-
health
1 211
-
2 396
-
total
8 114
-
17 901
-
Corporate
72 116
144 000
-
-
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.

13 702
27 360
-
-
total
13 702
27 360
-
-
Dividends
58 414
116 640
-
-
withholding
4 381
18 808
-
-
total
4 381
18 808
-
-
Income
144 000
144 000
144 000
144 000
Total tax
44 021
46 168
59 238
46 021
After tax
99 979
97 832
84 762
97 979
Living cost
45 946
45 946
45 946
45 946
Free-cash
54 033
51 886
38 816
52 033

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42340
₽35343
₽22605
-₽9731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
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.

-
-
-
2 881
health
-
-
-
324
city
-
-
-
1 518
national
-
-
-
1 736
regional
-
-
-
6 371
pensions
-
-
-
13 249
total
-
-
-
26 079
Employee
88 449
-
128 888
-
pensions
7 431
-
10 828
-
national
419
-
1 404
-
unemployment
-
-
-
-
city
949
-
1 384
-
health
200
-
289
-
regional
2 896
-
5 476
-
total
11 895
-
19 381
-
Employer
88 449
-
128 888
-
pensions
7 431
-
10 828
-
other

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

1 768
-
2 578
-
health
200
-
289
-
unemployment
-
-
-
-
total
9 399
-
13 695
-
Corporate
45 179
144 000
-
-
regional
9 555
30 455
-
-
national
3 840
12 239
-
-
total
13 395
42 694
-
-
Dividends
31 785
101 305
-
-
withholding
11 125
35 456
-
-
total
11 125
35 456
-
-
Income
144 000
144 000
144 000
144 000
Total tax
45 814
78 150
33 076
26 079
After tax
98 186
65 850
110 924
117 921
Living cost
75 581
75 581
75 581
75 581
Free-cash
22 605
-9 731
35 343
42 340

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31441
₽48163
₽41609
₽25393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
trade
-
-
-
16 722
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.

-
-
-
6 831
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.

-
-
-
40 949
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.

-
-
-
2 252
total
-
-
-
66 754
Employee

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

60 091
-
144 000
-
surtax

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

389
-
2 252
-
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.

7 066
-
40 949
-
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.

6 831
-
6 831
-
total
14 286
-
50 032
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 909
144 000
-
-
trade
14 390
24 696
-
-
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.

693
1 188
-
-
income
12 586
21 601
-
-
chamber of commerce
269
355
-
-
total
27 938
47 840
-
-
Dividends
55 970
96 161
-
-
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.

750
1 302
-
-
withholding
13 612
23 660
-
-
total
14 362
24 962
-
-
Income
144 000
144 000
144 000
144 000
Total tax
56 586
72 802
50 032
66 754
After tax
87 414
71 198
93 968
77 246
Living cost
45 805
45 805
45 805
45 805
Free-cash
41 609
25 393
48 163
31 441

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47459
₽48521
₽44271
₽38369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
4 465
social contributions
-
-
-
4 102
health
-
-
-
5 085
income
-
-
-
19 940
surtax
-
-
-
-
pensions
-
-
-
28 740
total
-
-
-
62 332
Employee
42 794
-
113 377
-
income
2 526
-
20 331
-
pensions
4 839
-
7 083
-
social contributions
1 220
-
3 231
-
surtax
-
-
-
-
total
8 585
-
30 645
-
Employer
42 794
-
113 377
-
pensions
7 030
-
12 067
-
other
1 476
-
4 082
-
health
2 996
-
9 544
-
unemployment
1 732
-
4 592
-
social contributions
129
-
340
-
total
13 363
-
30 625
-
Corporate
87 842
144 000
-
-
surtax
-
-
-
-
income
24 595
40 319
-
-
total
24 595
40 319
-
-
Dividends
63 247
103 681
-
-
surtax
-
-
-
-
social contributions
10 880
17 832
-
-
withholding
8 097
13 271
-
-
total
18 977
31 103
-
-
Income
144 000
144 000
144 000
144 000
Total tax
65 520
71 422
61 270
62 332
After tax
78 480
72 578
82 730
81 668
Living cost
34 209
34 209
34 209
34 209
Free-cash
44 271
38 369
48 521
47 459

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50848
₽51910
₽47311
₽41758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
4 465
social contributions
-
-
-
4 102
health
-
-
-
5 085
income
-
-
-
19 940
surtax
-
-
-
-
pensions
-
-
-
28 740
total
-
-
-
62 332
Employee
38 199
-
113 377
-
income
1 970
-
20 331
-
pensions
4 321
-
7 083
-
social contributions
1 089
-
3 231
-
surtax
-
-
-
-
total
7 380
-
30 645
-
Employer
38 199
-
113 377
-
pensions
6 277
-
12 067
-
other
1 319
-
4 082
-
health
2 674
-
9 544
-
unemployment
1 546
-
4 592
-
social contributions
114
-
340
-
total
11 930
-
30 625
-
Corporate
93 871
144 000
-
-
surtax
-
-
-
-
income
26 284
40 319
-
-
total
26 284
40 319
-
-
Dividends
67 587
103 681
-
-
surtax
-
-
-
-
social contributions
11 624
17 832
-
-
withholding
8 651
13 271
-
-
total
20 275
31 103
-
-
Income
144 000
144 000
144 000
144 000
Total tax
65 869
71 422
61 270
62 332
After tax
78 131
72 578
82 730
81 668
Living cost
30 820
30 820
30 820
30 820
Free-cash
47 311
41 758
51 910
50 848

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71274
₽69250
₽67171
₽66652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
19 872
health
-
-
-
10 051
income
-
-
-
21 601
total
-
-
-
51 524
Employee
33 902
-
144 000
-
income
5 654
-
23 625
-
social contributions
4 679
-
19 872
-
health
2 366
-
10 051
-
total
12 699
-
53 548
-
Employer
33 902
-
144 000
-
total
-
-
-
-
Corporate
110 098
144 000
-
-
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%.

5 505
7 201
-
-
total
5 505
7 201
-
-
Dividends
104 593
136 799
-
-
social contributions
14 434
18 878
-
-
health
7 301
9 548
-
-
withholding
15 688
20 519
-
-
total
37 423
48 945
-
-
Income
144 000
144 000
144 000
144 000
Total tax
55 627
56 146
53 548
51 524
After tax
88 373
87 854
90 452
92 476
Living cost
21 202
21 202
21 202
21 202
Free-cash
67 171
66 652
69 250
71 274

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽38196
₽2797
₽43204
₽44750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
chamber of commerce
-
-
-
577
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
33 120
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
70 572
Employee
49 970
39 847
111 663
-
income
5 689
2 939
26 453
-
pensions
5 117
4 080
11 434
-
unemployment
1 499
1 195
3 349
-
health
1 934
1 543
4 321
-
other
499
398
1 116
-
total
14 738
10 155
46 673
-
Employer
49 970
39 847
111 663
-
pensions
6 271
5 002
14 013
-
other
2 374
1 892
5 303
-
accident
649
518
1 452
-
health
1 888
1 507
4 220
-
payroll
1 499
1 195
3 349
-
chamber of commerce
199
159
446
-
unemployment
1 499
1 195
3 349
-
surtax
197
197
197
-
total
14 576
11 665
32 329
-
Corporate
79 454
92 487
107 876
-
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.

19 863
23 123
26 969
-
total
19 863
23 123
26 969
-
Dividends
59 591
69 365
-
-
withholding
16 387
19 075
-
-
total
16 387
19 075
-
-
Income
144 000
144 000
144 000
144 000
Total tax
65 564
64 018
105 971
70 572
After tax
78 436
79 982
38 029
73 428
Living cost
35 232
35 232
35 232
35 232
Free-cash
43 204
44 750
2 797
38 196

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26796
₽16032
₽29148
₽44142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
22 586
communal

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

-
-
-
7 284
national
-
-
-
50 877
total
-
-
-
80 747
Employee

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

71 523
-
111 532
-
pensions

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

5 364
-
8 364
-
national
21 989
-
38 648
-
unemployment

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

622
-
970
-
communal

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

3 730
-
5 818
-
health

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

3 360
-
5 243
-
total
35 065
-
59 043
-
Employer

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

71 523
-
111 532
-
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.

6 338
-
9 882
-
accident

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

930
-
1 450
-
health

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

4 398
-
6 859
-
unemployment

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

1 044
-
1 628
-
surtax
8 110
-
12 649
-
total
20 820
-
32 468
-
Corporate
51 658
144 000
-
-
surtax
207
577
-
-
income
10 332
28 800
-
-
total
10 539
29 377
-
-
Dividends
41 120
114 623
-
-
withholding

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

11 971
34 024
-
-
total
11 971
34 024
-
-
Income
144 000
144 000
144 000
144 000
Total tax
78 395
63 401
91 511
80 747
After tax
65 605
80 599
52 489
63 253
Living cost
36 457
36 457
36 457
36 457
Free-cash
29 148
44 142
16 032
26 796

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45061
₽40445
₽52847
₽60263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
35 025
pensions
-
-
-
26 227
total
-
-
-
62 829
Employee
49 772
-
114 454
-
income
10 502
-
32 013
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
37 899
-
Employer
49 772
-
114 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
78 363
144 000
-
-
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.

11 755
21 601
-
-
total
11 755
21 601
-
-
Dividends
66 608
122 399
-
-
withholding
13 760
26 026
-
-
total
13 760
26 026
-
-
Income
144 000
144 000
144 000
144 000
Total tax
55 043
47 627
67 445
62 829
After tax
88 957
96 373
76 555
81 171
Living cost
36 110
36 110
36 110
36 110
Free-cash
52 847
60 263
40 445
45 061

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽20457
₽26196
₽20555
₽31605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
accident
-
-
-
1 214
health
-
-
-
10 115
income
-
-
-
20 054
communal
-
-
-
9 100
surtax
-
-
-
7 138
pensions
-
-
-
21 584
total
-
-
-
69 205
Employee
75 721
-
128 630
-
income
7 314
-
24 200
-
pensions
6 057
-
10 290
-
health
3 370
-
5 723
-
surtax
4 641
-
7 884
-
total
21 382
-
48 097
-
Employer
75 721
-
128 630
-
pensions
6 057
-
10 290
-
accident
681
-
1 157
-
health
2 309
-
3 922
-
total
9 047
-
15 369
-
Corporate
59 232
144 000
-
-
communal
3 998
9 721
-
-
surtax
622
1 512
-
-
income
8 884
21 601
-
-
total
13 504
32 834
-
-
Dividends
45 728
111 166
-
-
withholding
6 859
16 675
-
-
income
18 315
8 548
-
-
total
25 174
25 223
-
-
Income
144 000
144 000
144 000
144 000
Total tax
69 107
58 057
63 466
69 205
After tax
74 893
85 943
80 534
74 795
Living cost
54 338
54 338
54 338
54 338
Free-cash
20 555
31 605
26 196
20 457

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45873
₽42123
₽64937
₽68118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
34 382
surtax
-
-
-
4 894
pensions
-
-
-
26 690
total
-
-
-
75 668
Employee
33 673
-
118 959
-
income
5 645
-
30 828
-
pensions
2 247
-
7 935
-
unemployment
2 343
-
8 279
-
health
860
-
3 034
-
other
-
-
-
-
surtax
120
-
4 302
-
total
11 215
-
54 378
-
Employer
33 673
-
118 959
-
pensions
4 489
-
15 857
-
other
-
-
-
-
health
1 531
-
5 413
-
unemployment
1 068
-
3 770
-
total
7 088
-
25 040
-
Corporate
103 238
144 000
-
-
income
26 842
37 439
-
-
total
26 842
37 439
-
-
Dividends
76 397
106 561
-
-
withholding
11 459
15 984
-
-
total
11 459
15 984
-
-
Income
144 000
144 000
144 000
144 000
Total tax
56 604
53 423
79 418
75 668
After tax
87 396
90 577
64 582
68 332
Living cost
22 459
22 459
22 459
22 459
Free-cash
64 937
68 118
42 123
45 873

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43259
₽36522
₽46535
₽48754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
37 037
municipal
-
-
-
856
national
-
-
-
33 741
regional
-
-
-
2 172
total
-
-
-
73 806
Employee
55 465
-
144 000
-
national
8 787
-
29 286
-
social contributions
18 703
-
48 556
-
municipal
294
-
763
-
regional
747
-
1 938
-
total
28 531
-
80 543
-
Employer
55 465
-
144 000
-
total
-
-
-
-
Corporate
88 535
144 000
-
-
nationa
21 248
34 561
-
-
municipal
4 400
7 157
-
-
total
25 648
41 718
-
-
Dividends
62 887
102 282
-
-
withholding
16 351
26 593
-
-
total
16 351
26 593
-
-
Income
144 000
144 000
144 000
144 000
Total tax
70 530
68 311
80 543
73 806
After tax
73 470
75 689
63 457
70 194
Living cost
26 935
26 935
26 935
26 935
Free-cash
46 535
48 754
36 522
43 259

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46918
₽43485
₽58999
₽69555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
34 552
health
-
-
-
19 440
income
-
-
-
13 501
solidarity contribution
-
-
-
-
total
-
-
-
67 493
Employee
43 513
-
107 463
-
income
5 222
-
12 896
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
6 985
-
health
5 874
-
14 507
-
total
13 924
-
34 388
-
Employer
43 513
-
107 463
-
health
3 916
-
9 672
-
social contributions
10 878
-
26 866
-
total
14 794
-
36 538
-
Corporate
85 693
144 000
-
-
income
16 282
27 360
-
-
total
16 282
27 360
-
-
Dividends
69 411
116 640
-
-
withholding
10 412
17 496
-
-
total
10 412
17 496
-
-
Income
144 000
144 000
144 000
144 000
Total tax
55 412
44 856
70 926
67 493
After tax
88 588
99 144
73 074
76 507
Living cost
29 589
29 589
29 589
29 589
Free-cash
58 999
69 555
43 485
46 918

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽41725
₽6157
₽47693
₽48190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
chamber of commerce
-
-
-
577
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
33 120
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
70 375
Employee
43 708
39 847
111 817
-
income
3 894
2 939
26 504
-
pensions
4 476
4 080
11 449
-
unemployment
1 311
1 195
3 355
-
health
1 691
1 543
4 328
-
other
436
398
1 118
-
total
11 808
10 155
46 754
-
Employer
43 708
39 847
111 817
-
pensions
5 486
5 002
14 034
-
other
2 076
1 892
5 311
-
accident
567
518
1 453
-
health
1 653
1 507
4 228
-
payroll
1 311
1 195
3 355
-
chamber of commerce
175
159
448
-
unemployment
1 311
1 195
3 355
-
surtax
-
-
-
-
total
12 579
11 468
32 184
-
Corporate
87 714
92 685
108 022
-
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.

21 929
23 172
27 005
-
total
21 929
23 172
27 005
-
Dividends
65 785
69 513
-
-
withholding
18 091
19 115
-
-
total
18 091
19 115
-
-
Income
144 000
144 000
144 000
144 000
Total tax
64 407
63 910
105 943
70 375
After tax
79 593
80 090
38 057
73 625
Living cost
31 900
31 900
31 900
31 900
Free-cash
47 693
48 190
6 157
41 725

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128519
₽101159
₽120125
₽122759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
144 000
microenterprise

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

-
-
-
1 440
total
-
-
-
1 440
Employee
17 552
-
144 000
-
income
3 511
-
28 800
-
total
3 511
-
28 800
-
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%.

126 448
144 000
-
-
total
-
-
-
-
Dividends
126 448
144 000
-
-
withholding
6 323
7 200
-
-
total
6 323
7 200
-
-
Income
144 000
144 000
144 000
144 000
Total tax
9 834
7 200
28 800
1 440
After tax
134 166
136 800
115 200
142 560
Living cost
14 041
14 041
14 041
14 041
Free-cash
120 125
122 759
101 159
128 519

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽45143
₽41328
₽63960
₽72324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
unemployment
-
-
-
216
health
-
-
-
14 170
income
-
-
-
31 355
pensions
-
-
-
26 297
total
-
-
-
72 038
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.

44 215
-
124 600
-
income
7 625
-
28 917
-
pensions
6 854
-
19 312
-
unemployment
63
-
175
-
health
2 856
-
8 049
-
total
17 398
-
56 453
-
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.

44 215
-
124 600
-
pensions
3 913
-
11 026
-
health
2 945
-
8 300
-
unemployment
27
-
74
-
total
6 885
-
19 400
-
Corporate
92 901
144 000
-
-
income
17 650
27 360
-
-
total
17 650
27 360
-
-
Dividends
75 250
116 640
-
-
withholding
11 288
17 497
-
-
total
11 288
17 497
-
-
Income
144 000
144 000
144 000
144 000
Total tax
53 221
44 857
75 853
72 038
After tax
90 779
99 143
68 147
71 962
Living cost
26 819
26 819
26 819
26 819
Free-cash
63 960
72 324
41 328
45 143

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽56476
₽87838
-₽4730
₽44570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
16 416
income
-
-
-
28 068
total
-
-
-
44 484
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
144 000
-
-
income
-
31 680
-
-
total
-
31 680
-
-
Dividends
-
112 320
-
-
income
-
24 710
-
-
total
-
24 710
-
-
Income
144 000
144 000
144 000
144 000
Total tax
105 690
56 390
13 122
44 484
After tax
38 310
87 610
130 878
99 516
Living cost
43 040
43 040
43 040
43 040
Free-cash
-4 730
44 570
87 838
56 476

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46860
₽36898
₽49536
₽50544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
social contributions

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

-
-
-
50 040
income
-
-
-
15 737
surtax
-
-
-
-
total
-
-
-
65 777
Employee
45 987
-
116 363
-
income
9 565
-
35 302
-
social contributions
5 059
-
12 800
-
surtax
-
-
-
-
total
14 624
-
48 102
-
Employer
45 987
-
116 363
-
social contributions
10 922
-
27 637
-
total
10 922
-
27 637
-
Corporate
87 091
144 000
-
-
surtax
-
-
-
-
income
18 290
30 240
-
-
total
18 290
30 240
-
-
Dividends
68 801
113 760
-
-
withholding
19 265
31 853
-
-
total
19 265
31 853
-
-
Income
144 000
144 000
144 000
144 000
Total tax
63 101
62 093
75 739
65 777
After tax
80 899
81 907
68 261
78 223
Living cost
31 363
31 363
31 363
31 363
Free-cash
49 536
50 544
36 898
46 860

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33375
₽34437
₽31158
₽24285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
4 465
social contributions
-
-
-
4 102
health
-
-
-
5 085
income
-
-
-
19 940
surtax
-
-
-
-
pensions
-
-
-
28 740
total
-
-
-
62 332
Employee
62 625
-
113 377
-
income
5 464
-
20 331
-
pensions
7 083
-
7 083
-
social contributions
1 784
-
3 231
-
surtax
-
-
-
-
total
14 331
-
30 645
-
Employer
62 625
-
113 377
-
pensions
10 290
-
12 067
-
other
2 161
-
4 082
-
health
4 383
-
9 544
-
unemployment
2 537
-
4 592
-
social contributions
188
-
340
-
total
19 559
-
30 625
-
Corporate
61 816
144 000
-
-
surtax
-
-
-
-
income
17 309
40 319
-
-
total
17 309
40 319
-
-
Dividends
44 507
103 681
-
-
surtax
-
-
-
-
social contributions
7 654
17 832
-
-
withholding
5 696
13 271
-
-
total
13 350
31 103
-
-
Income
144 000
144 000
144 000
144 000
Total tax
64 549
71 422
61 270
62 332
After tax
79 451
72 578
82 730
81 668
Living cost
48 293
48 293
48 293
48 293
Free-cash
31 158
24 285
34 437
33 375

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77105
₽80930
₽96185
₽99544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
31 680
income
-
-
-
5 159
total
-
-
-
36 839
Employee
32 145
-
124 676
-
social contributions
2 089
-
8 104
-
income
-
-
5 586
-
total
2 089
-
13 690
-
Employer
32 145
-
124 676
-
social contributions
4 983
-
19 324
-
total
4 983
-
19 324
-
Corporate
106 872
144 000
-
-
income
10 687
14 400
-
-
total
10 687
14 400
-
-
Dividends
96 185
129 600
-
-
total
-
-
-
-
Income
144 000
144 000
144 000
144 000
Total tax
17 759
14 400
33 014
36 839
After tax
126 241
129 600
110 986
107 161
Living cost
30 056
30 056
30 056
30 056
Free-cash
96 185
99 544
80 930
77 105

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38618
-₽73924
-₽73924
-₽73924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
municipal
-
-
-
29 040
national
-
-
-
15 854
labour market
-
-
-
11 451
pensions
-
-
-
867
total
-
-
-
57 212
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
144 000
144 000
144 000
144 000
Total tax
169 754
169 754
169 754
57 212
After tax
-25 754
-25 754
-25 754
86 788
Living cost
48 170
48 170
48 170
48 170
Free-cash
-73 924
-73 924
-73 924
38 618

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽76961
₽55522
₽8353
-₽9927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
38 510
pensions
-
-
-
4 145
total
-
-
-
45 448
Employee
33 964
-
127 762
-
income
4 659
-
28 421
-
pensions
3 825
-
7 599
-
health
3 889
-
14 629
-
total
12 373
-
50 649
-
Employer
33 964
-
127 762
-
pensions
5 522
-
10 974
-
accident
567
-
2 134
-
unemployment
832
-
3 130
-
total
6 921
-
16 238
-
Corporate
103 115
144 000
-
-
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.

92 803
129 600
-
-
total
92 803
129 600
-
-
Dividends
10 311
14 400
-
-
withholding
1 959
2 736
-
-
total
1 959
2 736
-
-
Income
144 000
144 000
144 000
144 000
Total tax
114 056
132 336
66 887
45 448
After tax
29 944
11 664
77 113
98 552
Living cost
21 591
21 591
21 591
21 591
Free-cash
8 353
-9 927
55 522
76 961

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽58940
₽39196
₽55446
₽53841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
144 000
municipal
-
-
-
25 595
health
-
-
-
1 801
national
-
-
-
19 276
total
-
-
-
46 672
Employee
52 606
-
121 139
-
pensions
3 550
-
8 176
-
national
869
-
12 369
-
municipal
8 616
-
19 745
-
unemployment
789
-
1 818
-
health
393
-
1 448
-
total
14 217
-
43 556
-
Employer
52 606
-
121 139
-
pensions
9 127
-
21 018
-
accident
53
-
121
-
health
404
-
934
-
unemployment
342
-
787
-
total
9 926
-
22 860
-
Corporate
81 468
144 000
-
-
income
16 294
28 800
-
-
total
16 294
28 800
-
-
Dividends

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

48 881
86 400
-
-
municipal
8 799
15 552
-
-
national
930
7 419
-
-
total
9 729
22 971
-
-
Income
144 000
144 000
144 000
144 000
Total tax
50 166
51 771
66 416
46 672
After tax
93 834
92 229
77 584
97 328
Living cost
38 388
38 388
38 388
38 388
Free-cash
55 446
53 841
39 196
58 940

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76883
₽75529
₽76562
₽82007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
16 178
health
-
-
-
3 672
income
-
-
-
24 117
total
-
-
-
43 967
Employee
76 887
76 887
132 934
-
income
8 372
7 117
23 388
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
2 260
-
total
11 875
14 805
34 255
-
Employer
76 887
76 887
132 934
-
health
647
1 423
2 459
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
11 066
-
Corporate
105 421
59 309
-
-
income
13 178
7 413
-
-
total
13 178
7 413
-
-
Dividends
92 244
51 896
-
-
withholding
15 681
8 821
-
-
total
15 681
8 821
-
-
Income
144 000
144 000
144 000
144 000
Total tax
44 288
38 843
45 321
43 967
After tax
99 712
105 157
98 679
100 033
Living cost
23 150
23 150
23 150
23 150
Free-cash
76 562
82 007
75 529
76 883

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103734
₽83677
₽98284
₽103372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
144 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
14 385
pensions
-
-
-
6 360
total
-
-
-
24 391
Employee

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

22 951
-
134 228
-
income
1 569
-
11 907
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
34 676
-
Employer

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

22 951
-
134 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
118 687
144 000
-
-
income
10 681
12 960
-
-
total
10 681
12 960
-
-
Dividends
108 006
131 040
-
-
withholding
9 721
11 793
-
-
total
9 721
11 793
-
-
Income
144 000
144 000
144 000
144 000
Total tax
29 841
24 753
44 448
24 391
After tax
114 159
119 247
99 552
119 609
Living cost
15 875
15 875
15 875
15 875
Free-cash
98 284
103 372
83 677
103 734

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53675
₽49059
₽64182
₽68877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
35 025
pensions
-
-
-
26 227
total
-
-
-
62 829
Employee
36 972
-
114 454
-
income
7 128
-
32 013
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
37 899
-
Employer
36 972
-
114 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
95 241
144 000
-
-
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.

14 286
21 601
-
-
total
14 286
21 601
-
-
Dividends
80 955
122 399
-
-
withholding
16 774
26 026
-
-
total
16 774
26 026
-
-
Income
144 000
144 000
144 000
144 000
Total tax
52 322
47 627
67 445
62 829
After tax
91 678
96 373
76 555
81 171
Living cost
27 496
27 496
27 496
27 496
Free-cash
64 182
68 877
49 059
53 675

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89254
₽89058
₽86668
₽87118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
health
-
-
-
1 448
income
-
-
-
48 563
pensions
-
-
-
1 997
total
-
-
-
52 008
Employee
4 171
-
141 753
-
income
807
-
48 458
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
49 956
-
Employer
4 171
-
141 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
138 891
144 000
-
-
income
30 556
31 680
-
-
total
30 556
31 680
-
-
Dividends
108 335
112 320
-
-
withholding
21 667
22 464
-
-
total
21 667
22 464
-
-
Income
144 000
144 000
144 000
144 000
Total tax
54 594
54 144
52 204
52 008
After tax
89 406
89 856
91 796
91 992
Living cost
2 738
2 738
2 738
2 738
Free-cash
86 668
87 118
89 058
89 254

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽66950
₽66950
₽81827
₽86747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
31 823
pensions
-
-
-
19 214
total
-
-
-
59 757
Employee

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

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

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

26 076
-
130 772
-
income
3 594
-
31 823
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
46 529
-
Employer

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

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

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

26 076
-
130 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
113 256
144 000
-
-
income
16 988
21 600
-
-
total
16 988
21 600
-
-
Dividends
96 268
122 400
-
-
withholding
14 440
18 360
-
-
total
14 440
18 360
-
-
Income
144 000
144 000
144 000
144 000
Total tax
44 880
39 960
59 757
59 757
After tax
99 120
104 040
84 243
84 243
Living cost
17 293
17 293
17 293
17 293
Free-cash
81 827
86 747
66 950
66 950

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽51267
₽41305
₽54590
₽54951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
social contributions

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

-
-
-
50 040
income
-
-
-
15 737
surtax
-
-
-
-
total
-
-
-
65 777
Employee
38 808
-
116 363
-
income
7 583
-
35 302
-
social contributions
4 269
-
12 800
-
surtax
-
-
-
-
total
11 852
-
48 102
-
Employer
38 808
-
116 363
-
social contributions
9 216
-
27 637
-
total
9 216
-
27 637
-
Corporate
95 976
144 000
-
-
surtax
-
-
-
-
income
20 155
30 240
-
-
total
20 155
30 240
-
-
Dividends
75 821
113 760
-
-
withholding
21 231
31 853
-
-
total
21 231
31 853
-
-
Income
144 000
144 000
144 000
144 000
Total tax
62 454
62 093
75 739
65 777
After tax
81 546
81 907
68 261
78 223
Living cost
26 956
26 956
26 956
26 956
Free-cash
54 590
54 951
41 305
51 267

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46031
₽41415
₽54160
₽61233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
35 025
pensions
-
-
-
26 227
total
-
-
-
62 829
Employee
48 290
-
114 454
-
income
10 086
-
32 013
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
37 899
-
Employer
48 290
-
114 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
80 314
144 000
-
-
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.

12 047
21 601
-
-
total
12 047
21 601
-
-
Dividends
68 267
122 399
-
-
withholding
14 108
26 026
-
-
total
14 108
26 026
-
-
Income
144 000
144 000
144 000
144 000
Total tax
54 700
47 627
67 445
62 829
After tax
89 300
96 373
76 555
81 171
Living cost
35 140
35 140
35 140
35 140
Free-cash
54 160
61 233
41 415
46 031

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽95879
₽101181
₽99831
₽105923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
21 600
pensions

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

-
-
-
5 168
total
-
-
-
30 924
Employee
22 772
-
137 149
-
income
2 278
-
13 715
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
18 771
-
Employer
22 772
-
137 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
116 760
144 000
-
-
income
11 676
14 400
-
-
total
11 676
14 400
-
-
Dividends
105 084
129 600
-
-
withholding
5 254
6 480
-
-
total
5 254
6 480
-
-
Income
144 000
144 000
144 000
144 000
Total tax
26 972
20 880
25 622
30 924
After tax
117 028
123 120
118 378
113 076
Living cost
17 197
17 197
17 197
17 197
Free-cash
99 831
105 923
101 181
95 879

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41371
₽55365
₽48638
₽35559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
trade
-
-
-
13 994
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.

-
-
-
6 831
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.

-
-
-
40 949
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.

-
-
-
2 252
total
-
-
-
64 026
Employee

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

49 751
-
144 000
-
surtax

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

226
-
2 252
-
income

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

4 091
-
40 949
-
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.

6 831
-
6 831
-
total
11 148
-
50 032
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 249
144 000
-
-
trade
13 525
20 663
-
-
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.

778
1 188
-
-
income
14 138
21 601
-
-
chamber of commerce
290
362
-
-
total
28 731
43 814
-
-
Dividends
65 518
100 185
-
-
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.

880
1 357
-
-
withholding
16 000
24 667
-
-
total
16 880
26 024
-
-
Income
144 000
144 000
144 000
144 000
Total tax
56 759
69 838
50 032
64 026
After tax
87 241
74 162
93 968
79 974
Living cost
38 603
38 603
38 603
38 603
Free-cash
48 638
35 559
55 365
41 371

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22688
₽22688
₽46049
₽43843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
23 281
income
-
-
-
41 073
total
-
-
-
64 354
Employee
78 213
-
144 000
-
social contributions
6 498
-
23 281
-
income
14 759
-
41 073
-
total
21 257
-
64 354
-
Employer
78 213
-
144 000
-
total
-
-
-
-
Corporate
65 787
144 000
-
-
income
8 224
17 999
-
-
total
8 224
17 999
-
-
Dividends
57 563
126 001
-
-
withholding
11 512
25 200
-
-
total
11 512
25 200
-
-
Income
144 000
144 000
144 000
144 000
Total tax
40 993
43 199
64 354
64 354
After tax
103 007
100 801
79 646
79 646
Living cost
56 958
56 958
56 958
56 958
Free-cash
46 049
43 843
22 688
22 688

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72567
₽68052
₽55515
₽52020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
139 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
30 454
-
total
9 573
-
35 053
-
Employer
45 869
-
139 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
93 535
144 000
-
-
income
32 737
50 401
-
-
total
32 737
50 401
-
-
Dividends
60 798
93 599
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
144 000
144 000
144 000
144 000
Total tax
52 189
55 684
39 652
35 137
After tax
91 811
88 316
104 348
108 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
55 515
52 020
68 052
72 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60627
₽47410
₽64867
₽60480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
income
-
-
-
37 636
pensions
-
-
-
8 385
total
-
-
-
46 021
Employee
51 271
-
126 099
-
income
9 337
-
28 824
-
pensions
3 913
-
10 555
-
health
669
-
1 958
-
total
13 919
-
41 337
-
Employer
51 271
-
126 099
-
pensions
5 180
-
15 505
-
health
974
-
2 396
-
total
6 154
-
17 901
-
Corporate
86 574
144 000
-
-
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.

16 448
27 360
-
-
total
16 448
27 360
-
-
Dividends
70 126
116 640
-
-
withholding
5 260
18 808
-
-
total
5 260
18 808
-
-
Income
144 000
144 000
144 000
144 000
Total tax
41 781
46 168
59 238
46 021
After tax
102 219
97 832
84 762
97 979
Living cost
37 352
37 352
37 352
37 352
Free-cash
64 867
60 480
47 410
60 627

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74824
₽53385
₽8025
-₽12064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
38 510
pensions
-
-
-
4 145
total
-
-
-
45 448
Employee
37 325
-
127 762
-
income
5 121
-
28 421
-
pensions
4 203
-
7 599
-
health
4 274
-
14 629
-
total
13 598
-
50 649
-
Employer
37 325
-
127 762
-
pensions
6 069
-
10 974
-
accident
623
-
2 134
-
unemployment
914
-
3 130
-
total
7 606
-
16 238
-
Corporate
99 068
144 000
-
-
income

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

89 161
129 600
-
-
total
89 161
129 600
-
-
Dividends
9 907
14 400
-
-
withholding
1 882
2 736
-
-
total
1 882
2 736
-
-
Income
144 000
144 000
144 000
144 000
Total tax
112 247
132 336
66 887
45 448
After tax
31 753
11 664
77 113
98 552
Living cost
23 728
23 728
23 728
23 728
Free-cash
8 025
-12 064
53 385
74 824

Estimated living cost  is ₽23728 per week

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

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽67642
₽85263
₽102999
₽107675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 000
work injury
-
-
-
720
unemployment
-
-
-
1 728
income
-
-
-
23 257
health insurance
-
-
-
10 656
pensions
-
-
-
26 496
total
-
-
-
62 857
Employee

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

21 601
-
144 000
-
income
2 160
-
23 257
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
45 236
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 399
144 000
-
-
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%.

1 224
1 440
-
-
total
1 224
1 440
-
-
Dividends
121 175
142 560
-
-
withholding
18 176
21 384
-
-
total
18 176
21 384
-
-
Income
144 000
144 000
144 000
144 000
Total tax
27 500
22 824
45 236
62 857
After tax
116 500
121 176
98 764
81 143
Living cost
13 501
13 501
13 501
13 501
Free-cash
102 999
107 675
85 263
67 642

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽29164
₽22637
₽31466
₽36015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 000
social contributions
-
-
-
37 037
municipal
-
-
-
962
national
-
-
-
33 741
regional
-
-
-
3 263
total
-
-
-
75 003
Employee
84 257
-
144 000
-
national
14 239
-
29 286
-
social contributions
28 411
-
48 556
-
municipal
503
-
860
-
regional
1 272
-
2 828
-
total
44 425
-
81 530
-
Employer
84 257
-
144 000
-
total
-
-
-
-
Corporate
59 743
144 000
-
-
nationa
14 339
34 561
-
-
municipal
2 880
6 941
-
-
total
17 219
41 502
-
-
Dividends
42 524
102 498
-
-
withholding
11 057
26 650
-
-
total
11 057
26 650
-
-
Income
144 000
144 000
144 000
144 000
Total tax
72 701
68 152
81 530
75 003
After tax
71 299
75 848
62 470
68 997
Living cost
39 833
39 833
39 833
39 833
Free-cash
31 466
36 015
22 637
29 164

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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