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
₽ 144500
per

Your estimated
City
free-cash

Dresden , Germany
₽42369
₽53535
₽48438
₽63808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
trade
-
-
-
15 370
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.

-
-
-
40 979
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 254
total
-
-
-
65 497
Employee

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

38 597
-
144 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 254
-
income

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

1 078
-
40 979
-
total
8 031
-
50 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 903
144 500
-
-
surtax

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

873
1 193
-
-
income
15 885
21 676
-
-
trade
16 680
22 760
-
-
chamber of commerce
304
360
-
-
total
33 742
45 989
-
-
Dividends
72 161
98 512
-
-
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.

971
1 333
-
-
withholding
17 656
24 244
-
-
total
18 627
25 577
-
-
Income
144 500
144 500
144 500
144 500
Total tax
60 400
71 566
50 127
65 497
After tax
84 100
72 934
94 373
79 003
Living cost
30 565
30 565
30 565
30 565
Free-cash
53 535
42 369
63 808
48 438

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽39178
₽38329
₽34848
₽35980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
municipal
-
-
-
15 598
pensions
-
-
-
17 340
national
-
-
-
24 171
social contributions
-
-
-
1 553
total
-
-
-
58 662
Employee
79 044
-
124 919
-
municipal
9 763
-
16 158
-
pensions
3 162
-
4 997
-
national
15 129
-
25 038
-
total
28 054
-
46 193
-
Employer
79 044
-
124 919
-
social contributions
850
-
1 343
-
pensions
6 324
-
9 994
-
total
7 174
-
11 337
-
Corporate
53 066
144 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

10 613
28 900
-
-
total
10 613
28 900
-
-
Dividends
42 453
115 600
-
-
withholding
9 340
25 432
-
-
total
9 340
25 432
-
-
Income
144 500
144 500
144 500
144 500
Total tax
55 181
54 332
57 530
58 662
After tax
89 319
90 168
86 970
85 838
Living cost
50 990
50 990
50 990
50 990
Free-cash
38 329
39 178
35 980
34 848

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽94607
₽86328
₽24800
₽59956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
microenterprise
-
-
-
-
income
-
-
-
23 194
surtax
-
-
-
36 848
social contributions

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

-
-
-
38 664
total
-
-
-
98 706
Employee
29 487
-
116 447
-
social contributions

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

3 244
-
12 809
-
surtax
-
-
-
-
income
5 249
-
22 688
-
total
8 493
-
35 497
-
Employer
29 487
-
116 447
-
social contributions

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

7 103
-
28 053
-
surtax
-
-
-
-
total
7 103
-
28 053
-
Corporate
107 910
144 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

21 582
28 899
-
-
total
21 582
28 899
-
-
Dividends

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

86 329
115 601
-
-
total
-
-
-
-
Income
144 500
144 500
144 500
144 500
Total tax
37 178
28 899
63 550
98 706
After tax
107 322
115 601
80 950
45 794
Living cost
20 994
20 994
20 994
20 994
Free-cash
86 328
94 607
59 956
24 800

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽28774
₽22589
₽39816
₽44398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
38 144
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
62 411
Employee
86 174
86 174
125 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
14 808
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
39 075
-
Employer
86 174
86 174
125 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
44 293
43 235
-
-
income
8 859
8 646
-
-
total
8 859
8 646
-
-
Dividends
35 434
34 589
-
-
income
7 530
7 350
-
-
withholding
5 316
5 188
-
-
total
12 846
12 538
-
-
Income
144 500
144 500
144 500
144 500
Total tax
79 638
73 453
57 829
62 411
After tax
64 862
71 047
86 671
82 089
Living cost
42 273
42 273
42 273
42 273
Free-cash
22 589
28 774
44 398
39 816

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽39908
₽39032
₽36916
₽35969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
municipal
-
-
-
35 708
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
8 133
total
-
-
-
68 595
Employee
55 556
-
117 651
-
municipal
16 567
-
35 084
-
national
-
-
7 610
-
total
16 567
-
42 694
-
Employer
55 556
-
117 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
71 488
144 500
-
-
income
15 727
31 790
-
-
total
15 727
31 790
-
-
Dividends
55 761
112 710
-
-
withholding
16 728
33 813
-
-
total
16 728
33 813
-
-
Income
144 500
144 500
144 500
144 500
Total tax
66 479
65 603
69 542
68 595
After tax
78 021
78 897
74 958
75 905
Living cost
38 989
38 989
38 989
38 989
Free-cash
39 032
39 908
35 969
36 916

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽32548
₽46728
₽38680
₽54731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
trade
-
-
-
16 051
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.

-
-
-
40 979
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 254
total
-
-
-
66 178
Employee

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

51 174
-
144 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
2 254
-
income

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

4 397
-
40 979
-
total
11 532
-
50 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 326
144 500
-
-
surtax

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

770
1 193
-
-
income
13 999
21 676
-
-
trade
15 352
23 771
-
-
chamber of commerce
285
358
-
-
total
30 406
46 998
-
-
Dividends
62 920
97 502
-
-
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.

845
1 319
-
-
withholding
15 347
23 993
-
-
total
16 192
25 312
-
-
Income
144 500
144 500
144 500
144 500
Total tax
58 130
72 310
50 127
66 178
After tax
86 370
72 190
94 373
78 322
Living cost
39 642
39 642
39 642
39 642
Free-cash
46 728
32 548
54 731
38 680

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽72793
₽68606
₽67700
₽66338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
24 058
health
-
-
-
3 684
social contributions
-
-
-
16 327
total
-
-
-
44 069
Employee
77 596
77 596
133 347
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 267
-
income
8 148
7 183
23 325
-
total
12 691
14 942
34 278
-
Employer
77 596
77 596
133 347
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 467
-
total
4 612
7 876
11 153
-
Corporate
94 467
59 027
-
-
income
11 808
7 378
-
-
total
11 808
7 378
-
-
Dividends
82 660
51 649
-
-
withholding
14 052
8 780
-
-
total
14 052
8 780
-
-
Income
144 500
144 500
144 500
144 500
Total tax
43 163
38 976
45 431
44 069
After tax
101 337
105 524
99 069
100 431
Living cost
32 731
32 731
32 731
32 731
Free-cash
68 606
72 793
66 338
67 700

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽62907
₽63287
₽81768
₽65433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
17 665
pensions
-
-
-
14 450
unemployment
-
-
-
2 167
health
-
-
-
10 115
total
-
-
-
44 397
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
120 921
-
health
1 853
737
8 464
-
income
3 236
1 288
14 783
-
pensions
2 647
1 053
12 092
-
unemployment
397
158
1 814
-
total
8 133
3 236
37 153
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
120 921
-
pensions
5 161
2 054
23 579
-
total
5 161
2 054
23 579
-
Corporate
112 872
131 913
-
-
income
10 159
11 872
-
-
total
10 159
11 872
-
-
Dividends
102 714
120 041
-
-
social contributions
19 909
23 288
-
-
withholding
19 516
22 808
-
-
total
39 425
46 096
-
-
Income
144 500
144 500
144 500
144 500
Total tax
62 878
63 258
60 732
44 397
After tax
81 622
81 242
83 768
100 103
Living cost
18 335
18 335
18 335
18 335
Free-cash
63 287
62 907
65 433
81 768

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽91227
₽84956
₽53081
₽58915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
19 362
pensions
-
-
-
28 899
health
-
-
-
18 784
total
-
-
-
67 045
Employee
28 627
-
107 997
-
income
3 223
-
20 822
-
pensions
573
-
2 160
-
unemployment
458
-
1 727
-
total
4 254
-
24 709
-
Employer
28 627
-
107 997
-
unemployment
230
-
864
-
pensions
5 726
-
21 599
-
health
3 721
-
14 039
-
total
9 677
-
36 502
-
Corporate
106 197
144 500
-
-
income
21 239
28 899
-
-
total
21 239
28 899
-
-
Dividends
84 957
115 601
-
-
total
-
-
-
-
Income
144 500
144 500
144 500
144 500
Total tax
35 170
28 899
61 211
67 045
After tax
109 330
115 601
83 289
77 455
Living cost
24 374
24 374
24 374
24 374
Free-cash
84 956
91 227
58 915
53 081

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽10366
₽8319
₽76826
₽55287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
accident
-
-
-
253
income
-
-
-
38 616
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
45 603
Employee
34 719
-
128 166
-
health
3 975
-
14 675
-
income
4 763
-
28 480
-
pensions
3 909
-
7 654
-
total
12 647
-
50 809
-
Employer
34 719
-
128 166
-
accident
580
-
2 140
-
unemployment
851
-
3 140
-
pensions
5 646
-
11 053
-
total
7 077
-
16 333
-
Corporate
102 706
144 500
-
-
income

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

92 435
130 050
-
-
total
92 435
130 050
-
-
Dividends
10 271
14 450
-
-
withholding
1 951
2 745
-
-
total
1 951
2 745
-
-
Income
144 500
144 500
144 500
144 500
Total tax
114 110
132 795
67 142
45 603
After tax
30 390
11 705
77 358
98 897
Living cost
22 071
22 071
22 071
22 071
Free-cash
8 319
-10 366
55 287
76 826

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽128196
₽126494
₽133976
₽106521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
144 500
microenterprise

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

-
-
-
1 445
total
-
-
-
1 445
Employee
11 349
-
144 500
-
income
2 269
-
28 900
-
total
2 269
-
28 900
-
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%.

133 151
144 500
-
-
total
-
-
-
-
Dividends
133 151
144 500
-
-
withholding
6 658
7 225
-
-
total
6 658
7 225
-
-
Income
144 500
144 500
144 500
144 500
Total tax
8 927
7 225
28 900
1 445
After tax
135 573
137 275
115 600
143 055
Living cost
9 079
9 079
9 079
9 079
Free-cash
126 494
128 196
106 521
133 976

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽79275
₽72461
₽49832
₽55803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
19 880
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.

-
-
-
34 678
other
-
-
-
6 863
health
-
-
-
6 358
total
-
-
-
67 779
Employee
36 640
-
115 413
-
health
513
-
1 616
-
income
6 308
-
21 871
-
pensions

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

2 564
-
8 079
-
unemployment
366
-
1 155
-
total
9 751
-
32 721
-
Employer
36 640
-
115 413
-
accident
293
-
923
-
other
1 833
-
5 772
-
unemployment
366
-
1 155
-
pensions

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

6 229
-
19 621
-
health
513
-
1 616
-
total
9 234
-
29 087
-
Corporate
98 626
144 500
-
-
income
20 711
30 345
-
-
total
20 711
30 345
-
-
Dividends
77 915
114 155
-
-
withholding
5 454
7 991
-
-
total
5 454
7 991
-
-
Income
144 500
144 500
144 500
144 500
Total tax
45 150
38 336
61 808
67 779
After tax
99 350
106 164
82 692
76 721
Living cost
26 889
26 889
26 889
26 889
Free-cash
72 461
79 275
55 803
49 832

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽30519
₽26636
₽30643
₽17377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
37 702
pensions
-
-
-
8 433
total
-
-
-
46 135
Employee
95 816
-
126 543
-
health
1 579
-
1 967
-
income
17 272
-
28 857
-
pensions
9 244
-
10 620
-
total
28 095
-
41 444
-
Employer
95 816
-
126 543
-
pensions
11 313
-
15 553
-
health
1 820
-
2 404
-
total
13 133
-
17 957
-
Corporate
35 551
144 500
-
-
income

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

6 755
27 454
-
-
total
6 755
27 454
-
-
Dividends
28 796
117 046
-
-
withholding
2 159
18 805
-
-
total
2 159
18 805
-
-
Income
144 500
144 500
144 500
144 500
Total tax
50 142
46 259
59 401
46 135
After tax
94 358
98 241
85 099
98 365
Living cost
67 722
67 722
67 722
67 722
Free-cash
26 636
30 519
17 377
30 643

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽110308
₽105618
₽100169
₽105475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
21 675
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
31 092
Employee
17 531
-
137 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
13 758
-
pensions

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

1 539
-
3 097
-
total
4 291
-
18 865
-
Employer
17 531
-
137 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
123 529
144 500
-
-
income
12 353
14 450
-
-
total
12 353
14 450
-
-
Dividends
111 176
130 050
-
-
withholding
5 559
6 503
-
-
total
5 559
6 503
-
-
Income
144 500
144 500
144 500
144 500
Total tax
25 643
20 953
25 786
31 092
After tax
118 857
123 547
118 714
113 408
Living cost
13 239
13 239
13 239
13 239
Free-cash
105 618
110 308
105 475
100 169

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽15090
₽17627
₽26132
₽30714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
38 144
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
62 411
Employee
93 558
86 174
125 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
14 808
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
39 075
-
Employer
93 558
86 174
125 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
34 561
43 235
-
-
income
6 913
8 646
-
-
total
6 913
8 646
-
-
Dividends
27 648
34 589
-
-
income
5 875
7 350
-
-
withholding
4 148
5 188
-
-
total
10 023
12 538
-
-
Income
144 500
144 500
144 500
144 500
Total tax
70 916
73 453
57 829
62 411
After tax
73 584
71 047
86 671
82 089
Living cost
55 957
55 957
55 957
55 957
Free-cash
17 627
15 090
30 714
26 132

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽75321
₽66698
₽52517
₽49162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
13 533
health
-
-
-
19 508
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
67 816
Employee
35 540
-
107 836
-
social contributions
2 310
-
7 009
-
health
4 798
-
14 558
-
solidarity contribution
-
-
-
-
income
4 265
-
12 940
-
total
11 373
-
34 507
-
Employer
35 540
-
107 836
-
social contributions
8 885
-
26 959
-
health
3 199
-
9 705
-
total
12 084
-
36 664
-
Corporate
96 877
144 500
-
-
income
18 407
27 455
-
-
total
18 407
27 455
-
-
Dividends
78 470
117 045
-
-
withholding
11 771
17 557
-
-
total
11 771
17 557
-
-
Income
144 500
144 500
144 500
144 500
Total tax
53 635
45 012
71 171
67 816
After tax
90 865
99 488
73 329
76 684
Living cost
24 167
24 167
24 167
24 167
Free-cash
66 698
75 321
49 162
52 517

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽34516
₽29248
₽28425
₽21609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
municipal
-
-
-
858
regional
-
-
-
1 670
national
-
-
-
33 800
social contributions
-
-
-
37 166
total
-
-
-
73 494
Employee
89 684
-
144 500
-
social contributions
30 241
-
48 725
-
regional
846
-
1 472
-
municipal
475
-
766
-
national
15 540
-
29 347
-
total
47 102
-
80 310
-
Employer
89 684
-
144 500
-
total
-
-
-
-
Corporate
54 816
144 500
-
-
nationa
13 156
34 680
-
-
municipal
2 137
5 636
-
-
total
15 293
40 316
-
-
Dividends
39 523
104 184
-
-
withholding
10 276
27 087
-
-
total
10 276
27 087
-
-
Income
144 500
144 500
144 500
144 500
Total tax
72 671
67 403
80 310
73 494
After tax
71 829
77 097
64 190
71 006
Living cost
42 581
42 581
42 581
42 581
Free-cash
29 248
34 516
21 609
28 425

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽68622
₽65483
₽46301
₽42635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
34 326
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 877
total
-
-
-
75 931
Employee
33 371
-
119 373
-
other
-
-
-
-
health
852
-
3 043
-
surtax
109
-
4 299
-
income
5 594
-
30 856
-
pensions
2 225
-
7 963
-
unemployment
2 323
-
8 309
-
total
11 103
-
54 470
-
Employer
33 371
-
119 373
-
other
-
-
-
-
unemployment
1 057
-
3 784
-
pensions
4 449
-
15 912
-
health
1 519
-
5 431
-
total
7 025
-
25 127
-
Corporate
104 105
144 500
-
-
income
27 066
37 570
-
-
total
27 066
37 570
-
-
Dividends
77 039
106 930
-
-
withholding
11 555
16 040
-
-
total
11 555
16 040
-
-
Income
144 500
144 500
144 500
144 500
Total tax
56 749
53 610
79 597
75 931
After tax
87 751
90 890
64 903
68 569
Living cost
22 268
22 268
22 268
22 268
Free-cash
65 483
68 622
42 635
46 301

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽51975
₽54032
₽52099
₽38833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
37 702
pensions
-
-
-
8 433
total
-
-
-
46 135
Employee
64 213
-
126 543
-
health
932
-
1 967
-
income
11 565
-
28 857
-
pensions
5 450
-
10 620
-
total
17 947
-
41 444
-
Employer
64 213
-
126 543
-
pensions
6 951
-
15 553
-
health
1 220
-
2 404
-
total
8 171
-
17 957
-
Corporate
72 116
144 500
-
-
income

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

13 702
27 454
-
-
total
13 702
27 454
-
-
Dividends
58 414
117 046
-
-
withholding
4 382
18 805
-
-
total
4 382
18 805
-
-
Income
144 500
144 500
144 500
144 500
Total tax
44 202
46 259
59 401
46 135
After tax
100 298
98 241
85 099
98 365
Living cost
46 266
46 266
46 266
46 266
Free-cash
54 032
51 975
38 833
52 099

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽10189
₽22442
₽42100
₽35075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
city
-
-
-
1 524
pensions
-
-
-
13 294
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.

-
-
-
2 889
regional
-
-
-
6 372
health
-
-
-
325
national
-
-
-
1 730
total
-
-
-
26 134
Employee
89 251
-
129 335
-
city
958
-
1 389
-
regional
2 923
-
5 475
-
health
202
-
292
-
pensions
7 498
-
10 863
-
unemployment
-
-
-
-
national
422
-
1 397
-
total
12 003
-
19 416
-
Employer
89 251
-
129 335
-
other

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

1 784
-
2 588
-
unemployment
-
-
-
-
pensions
7 498
-
10 863
-
health
202
-
292
-
total
9 484
-
13 743
-
Corporate
44 783
144 500
-
-
regional
9 471
30 561
-
-
national
3 806
12 282
-
-
total
13 277
42 843
-
-
Dividends
31 507
101 657
-
-
withholding
11 028
35 580
-
-
total
11 028
35 580
-
-
Income
144 500
144 500
144 500
144 500
Total tax
45 792
78 423
33 159
26 134
After tax
98 708
66 077
111 341
118 366
Living cost
76 266
76 266
76 266
76 266
Free-cash
22 442
-10 189
35 075
42 100

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₽25219
₽41582
₽31410
₽48145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
trade
-
-
-
16 735
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.

-
-
-
40 979
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 254
total
-
-
-
66 862
Employee

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

60 646
-
144 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
2 254
-
income

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

7 131
-
40 979
-
total
14 418
-
50 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 854
144 500
-
-
surtax

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

691
1 193
-
-
income
12 578
21 676
-
-
trade
14 382
24 782
-
-
chamber of commerce
272
356
-
-
total
27 923
48 007
-
-
Dividends
55 932
96 493
-
-
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.

749
1 306
-
-
withholding
13 600
23 740
-
-
total
14 349
25 046
-
-
Income
144 500
144 500
144 500
144 500
Total tax
56 690
73 053
50 127
66 862
After tax
87 810
71 447
94 373
77 638
Living cost
46 228
46 228
46 228
46 228
Free-cash
41 582
25 219
48 145
31 410

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽38302
₽44263
₽47443
₽48613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
19 929
pensions
-
-
-
28 936
other
-
-
-
4 479
health
-
-
-
5 071
surtax
-
-
-
-
social contributions
-
-
-
4 117
total
-
-
-
62 532
Employee
43 189
-
113 826
-
social contributions
1 231
-
3 244
-
surtax
-
-
-
-
income
2 549
-
20 361
-
pensions
4 883
-
7 087
-
total
8 663
-
30 692
-
Employer
43 189
-
113 826
-
other
1 490
-
4 087
-
social contributions
130
-
341
-
unemployment
1 748
-
4 609
-
pensions
7 095
-
12 080
-
health
3 024
-
9 553
-
total
13 487
-
30 670
-
Corporate
87 824
144 500
-
-
surtax
-
-
-
-
income
24 590
40 460
-
-
total
24 590
40 460
-
-
Dividends
63 234
104 040
-
-
surtax
-
-
-
-
social contributions
10 877
17 896
-
-
withholding
8 095
13 317
-
-
total
18 972
31 213
-
-
Income
144 500
144 500
144 500
144 500
Total tax
65 712
71 673
61 362
62 532
After tax
78 788
72 827
83 138
81 968
Living cost
34 525
34 525
34 525
34 525
Free-cash
44 263
38 302
48 613
47 443

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽41722
₽47329
₽50863
₽52033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
19 929
pensions
-
-
-
28 936
other
-
-
-
4 479
health
-
-
-
5 071
surtax
-
-
-
-
social contributions
-
-
-
4 117
total
-
-
-
62 532
Employee
38 552
-
113 826
-
social contributions
1 099
-
3 244
-
surtax
-
-
-
-
income
1 988
-
20 361
-
pensions
4 360
-
7 087
-
total
7 447
-
30 692
-
Employer
38 552
-
113 826
-
other
1 331
-
4 087
-
social contributions
115
-
341
-
unemployment
1 561
-
4 609
-
pensions
6 335
-
12 080
-
health
2 698
-
9 553
-
total
12 040
-
30 670
-
Corporate
93 909
144 500
-
-
surtax
-
-
-
-
income
26 295
40 460
-
-
total
26 295
40 460
-
-
Dividends
67 614
104 040
-
-
surtax
-
-
-
-
social contributions
11 630
17 896
-
-
withholding
8 654
13 317
-
-
total
20 284
31 213
-
-
Income
144 500
144 500
144 500
144 500
Total tax
66 066
71 673
61 362
62 532
After tax
78 434
72 827
83 138
81 968
Living cost
31 105
31 105
31 105
31 105
Free-cash
47 329
41 722
52 033
50 863

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽66759
₽67283
₽71399
₽69396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
21 676
health
-
-
-
10 086
social contributions
-
-
-
19 941
total
-
-
-
51 703
Employee
34 215
-
144 500
-
social contributions
4 722
-
19 941
-
health
2 388
-
10 086
-
income
5 707
-
23 679
-
total
12 817
-
53 706
-
Employer
34 215
-
144 500
-
total
-
-
-
-
Corporate
110 285
144 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

5 515
7 225
-
-
total
5 515
7 225
-
-
Dividends
104 770
137 275
-
-
health
7 313
9 583
-
-
social contributions
14 458
18 943
-
-
withholding
15 716
20 592
-
-
total
37 487
49 118
-
-
Income
144 500
144 500
144 500
144 500
Total tax
55 819
56 343
53 706
51 703
After tax
88 681
88 157
90 794
92 797
Living cost
21 398
21 398
21 398
21 398
Free-cash
67 283
66 759
69 396
71 399

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽44715
₽43152
₽38070
₽2673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
chamber of commerce
-
-
-
578
income
-
-
-
33 079
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
70 873
Employee
50 431
40 215
112 052
-
other
504
402
1 120
-
health
1 951
1 557
4 336
-
income
5 741
2 966
26 475
-
pensions
5 165
4 117
11 475
-
unemployment
1 513
1 206
3 361
-
total
14 874
10 248
46 767
-
Employer
50 431
40 215
112 052
-
accident
655
523
1 457
-
other
2 396
1 909
5 322
-
chamber of commerce
201
161
448
-
unemployment
1 513
1 206
3 361
-
surtax
199
199
199
-
pensions
6 329
5 048
14 062
-
payroll
1 513
1 206
3 361
-
health
1 905
1 520
4 236
-
total
14 711
11 772
32 446
-
Corporate
79 358
92 512
108 224
-
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.

19 839
23 127
27 057
-
total
19 839
23 127
27 057
-
Dividends
59 519
69 385
-
-
withholding
16 367
19 081
-
-
total
16 367
19 081
-
-
Income
144 500
144 500
144 500
144 500
Total tax
65 791
64 228
106 270
70 873
After tax
78 709
80 272
38 230
73 627
Living cost
35 557
35 557
35 557
35 557
Free-cash
43 152
44 715
2 673
38 070

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽44091
₽28955
₽26730
₽15939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
national
-
-
-
50 990
communal

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

-
-
-
7 310
social contributions
-
-
-
22 676
total
-
-
-
80 976
Employee

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

72 183
-
111 922
-
communal

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

3 765
-
5 837
-
health

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

3 391
-
5 260
-
pensions

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

5 414
-
8 393
-
unemployment

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

628
-
973
-
national
22 192
-
38 727
-
total
35 390
-
59 190
-
Employer

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

72 183
-
111 922
-
accident

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

938
-
1 453
-
unemployment

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

1 053
-
1 633
-
surtax
8 185
-
12 693
-
pensions

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

6 396
-
9 916
-
health

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

4 439
-
6 882
-
total
21 011
-
32 577
-
Corporate
51 306
144 500
-
-
surtax
205
578
-
-
income
10 261
28 899
-
-
total
10 466
29 477
-
-
Dividends
40 841
115 023
-
-
withholding

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

11 884
34 138
-
-
total
11 884
34 138
-
-
Income
144 500
144 500
144 500
144 500
Total tax
78 751
63 615
91 767
80 976
After tax
65 749
80 885
52 733
63 524
Living cost
36 794
36 794
36 794
36 794
Free-cash
28 955
44 091
15 939
26 730

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽60276
₽52779
₽45022
₽40295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
accident
-
-
-
843
income
-
-
-
34 974
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
63 035
Employee
50 231
-
114 682
-
other
50
-
94
-
income
10 598
-
32 002
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
37 943
-
Employer
50 231
-
114 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
78 258
144 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

11 739
21 676
-
-
total
11 739
21 676
-
-
Dividends
66 519
122 824
-
-
withholding
13 740
26 105
-
-
total
13 740
26 105
-
-
Income
144 500
144 500
144 500
144 500
Total tax
55 278
47 781
67 762
63 035
After tax
89 222
96 719
76 738
81 465
Living cost
36 443
36 443
36 443
36 443
Free-cash
52 779
60 276
40 295
45 022

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽31447
₽20346
₽20324
₽26086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
accident
-
-
-
1 218
income
-
-
-
20 009
pensions
-
-
-
21 659
health
-
-
-
10 153
surtax
-
-
-
7 164
communal
-
-
-
9 133
total
-
-
-
69 336
Employee
76 419
-
129 075
-
health
3 401
-
5 745
-
surtax
4 684
-
7 911
-
income
7 381
-
24 168
-
pensions
6 113
-
10 326
-
total
21 579
-
48 150
-
Employer
76 419
-
129 075
-
accident
687
-
1 162
-
pensions
6 113
-
10 326
-
health
2 331
-
3 937
-
total
9 131
-
15 425
-
Corporate
58 950
144 500
-
-
surtax
619
1 517
-
-
communal
3 979
9 753
-
-
income
8 843
21 676
-
-
total
13 441
32 946
-
-
Dividends
45 509
111 555
-
-
income
18 336
8 535
-
-
withholding
6 827
16 733
-
-
total
25 163
25 268
-
-
Income
144 500
144 500
144 500
144 500
Total tax
69 314
58 214
63 575
69 336
After tax
75 186
86 286
80 925
75 164
Living cost
54 839
54 839
54 839
54 839
Free-cash
20 346
31 447
26 086
20 324

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽68224
₽65015
₽45903
₽42237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
34 326
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
4 877
total
-
-
-
75 931
Employee
33 983
-
119 373
-
other
-
-
-
-
health
867
-
3 043
-
surtax
121
-
4 299
-
income
5 697
-
30 856
-
pensions
2 267
-
7 963
-
unemployment
2 365
-
8 309
-
total
11 317
-
54 470
-
Employer
33 983
-
119 373
-
other
-
-
-
-
unemployment
1 078
-
3 784
-
pensions
4 531
-
15 912
-
health
1 545
-
5 431
-
total
7 154
-
25 127
-
Corporate
103 362
144 500
-
-
income
26 875
37 570
-
-
total
26 875
37 570
-
-
Dividends
76 487
106 930
-
-
withholding
11 473
16 040
-
-
total
11 473
16 040
-
-
Income
144 500
144 500
144 500
144 500
Total tax
56 819
53 610
79 597
75 931
After tax
87 681
90 890
64 903
68 569
Living cost
22 666
22 666
22 666
22 666
Free-cash
65 015
68 224
42 237
45 903

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽48771
₽46530
₽43315
₽36535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
municipal
-
-
-
858
regional
-
-
-
2 178
national
-
-
-
33 800
social contributions
-
-
-
37 166
total
-
-
-
74 002
Employee
55 977
-
144 500
-
social contributions
18 876
-
48 725
-
regional
754
-
1 944
-
municipal
297
-
766
-
national
8 868
-
29 347
-
total
28 795
-
80 782
-
Employer
55 977
-
144 500
-
total
-
-
-
-
Corporate
88 523
144 500
-
-
nationa
21 245
34 680
-
-
municipal
4 399
7 181
-
-
total
25 644
41 861
-
-
Dividends
62 879
102 638
-
-
withholding
16 348
26 685
-
-
total
16 348
26 685
-
-
Income
144 500
144 500
144 500
144 500
Total tax
70 787
68 546
80 782
74 002
After tax
73 713
75 954
63 718
70 498
Living cost
27 183
27 183
27 183
27 183
Free-cash
46 530
48 771
36 535
43 315

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽69708
₽59084
₽46904
₽43549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
13 533
health
-
-
-
19 508
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
67 816
Employee
43 794
-
107 836
-
social contributions
2 847
-
7 009
-
health
5 912
-
14 558
-
solidarity contribution
-
-
-
-
income
5 255
-
12 940
-
total
14 014
-
34 507
-
Employer
43 794
-
107 836
-
social contributions
10 949
-
26 959
-
health
3 941
-
9 705
-
total
14 890
-
36 664
-
Corporate
85 816
144 500
-
-
income
16 305
27 455
-
-
total
16 305
27 455
-
-
Dividends
69 511
117 045
-
-
withholding
10 427
17 557
-
-
total
10 427
17 557
-
-
Income
144 500
144 500
144 500
144 500
Total tax
55 636
45 012
71 171
67 816
After tax
88 864
99 488
73 329
76 684
Living cost
29 780
29 780
29 780
29 780
Free-cash
59 084
69 708
43 549
46 904

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽48187
₽47686
₽41632
₽6070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
chamber of commerce
-
-
-
578
income
-
-
-
33 079
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
70 674
Employee
44 111
40 215
112 206
-
other
440
402
1 122
-
health
1 706
1 557
4 343
-
income
3 930
2 966
26 526
-
pensions
4 517
4 117
11 490
-
unemployment
1 323
1 206
3 367
-
total
11 916
10 248
46 848
-
Employer
44 111
40 215
112 206
-
accident
573
523
1 459
-
other
2 095
1 909
5 329
-
chamber of commerce
176
161
448
-
unemployment
1 323
1 206
3 367
-
surtax
-
-
-
-
pensions
5 536
5 048
14 081
-
payroll
1 323
1 206
3 367
-
health
1 668
1 520
4 242
-
total
12 694
11 573
32 293
-
Corporate
87 694
92 711
108 378
-
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.

21 923
23 177
27 095
-
total
21 923
23 177
27 095
-
Dividends
65 771
69 534
-
-
withholding
18 087
19 121
-
-
total
18 087
19 121
-
-
Income
144 500
144 500
144 500
144 500
Total tax
64 620
64 119
106 236
70 674
After tax
79 880
80 381
38 264
73 826
Living cost
32 194
32 194
32 194
32 194
Free-cash
47 686
48 187
6 070
41 632

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽123126
₽120473
₽128906
₽101451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
144 500
microenterprise

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

-
-
-
1 445
total
-
-
-
1 445
Employee
17 686
-
144 500
-
income
3 537
-
28 900
-
total
3 537
-
28 900
-
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%.

126 814
144 500
-
-
total
-
-
-
-
Dividends
126 814
144 500
-
-
withholding
6 341
7 225
-
-
total
6 341
7 225
-
-
Income
144 500
144 500
144 500
144 500
Total tax
9 878
7 225
28 900
1 445
After tax
134 622
137 275
115 600
143 055
Living cost
14 149
14 149
14 149
14 149
Free-cash
120 473
123 126
101 451
128 906

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽72421
₽63981
₽45196
₽41369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
income
-
-
-
31 413
pensions
-
-
-
26 389
unemployment
-
-
-
216
health
-
-
-
14 219
total
-
-
-
72 237
Employee

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

44 623
-
125 034
-
health
2 882
-
8 077
-
income
7 695
-
28 967
-
pensions
6 917
-
19 380
-
unemployment
63
-
174
-
total
17 557
-
56 598
-
Employer

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

44 623
-
125 034
-
unemployment
27
-
75
-
pensions
3 949
-
11 065
-
health
2 972
-
8 326
-
total
6 948
-
19 466
-
Corporate
92 929
144 500
-
-
income
17 656
27 455
-
-
total
17 656
27 455
-
-
Dividends
75 273
117 045
-
-
withholding
11 291
17 557
-
-
total
11 291
17 557
-
-
Income
144 500
144 500
144 500
144 500
Total tax
53 452
45 012
76 064
72 237
After tax
91 048
99 488
68 436
72 263
Living cost
27 067
27 067
27 067
27 067
Free-cash
63 981
72 421
41 369
45 196

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽44349
-₽6043
₽56296
₽87652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
28 166
social contributions
-
-
-
16 473
total
-
-
-
44 639
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
144 500
-
-
income
-
31 790
-
-
total
-
31 790
-
-
Dividends
-
112 710
-
-
income
-
24 796
-
-
total
-
24 796
-
-
Income
144 500
144 500
144 500
144 500
Total tax
106 978
56 586
13 283
44 639
After tax
37 522
87 914
131 217
99 861
Living cost
43 565
43 565
43 565
43 565
Free-cash
-6 043
44 349
87 652
56 296

Estimated living cost  is ₽43565 per week

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

Source of data for Oslo model

Close
Lisbon , Portugal
₽50539
₽49522
₽46874
₽36911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
income
-
-
-
15 760
surtax
-
-
-
-
social contributions

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

-
-
-
50 213
total
-
-
-
65 973
Employee
46 411
-
116 767
-
social contributions
5 105
-
12 844
-
surtax
-
-
-
-
income
9 654
-
35 359
-
total
14 759
-
48 203
-
Employer
46 411
-
116 767
-
social contributions
11 023
-
27 733
-
total
11 023
-
27 733
-
Corporate
87 066
144 500
-
-
surtax
-
-
-
-
income
18 284
30 345
-
-
total
18 284
30 345
-
-
Dividends
68 782
114 155
-
-
withholding
19 259
31 963
-
-
total
19 259
31 963
-
-
Income
144 500
144 500
144 500
144 500
Total tax
63 325
62 308
75 936
65 973
After tax
81 175
82 192
68 564
78 527
Living cost
31 653
31 653
31 653
31 653
Free-cash
49 522
50 539
36 911
46 874

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽24088
₽31024
₽33229
₽34399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
19 929
pensions
-
-
-
28 936
other
-
-
-
4 479
health
-
-
-
5 071
surtax
-
-
-
-
social contributions
-
-
-
4 117
total
-
-
-
62 532
Employee
63 203
-
113 826
-
social contributions
1 800
-
3 244
-
surtax
-
-
-
-
income
5 515
-
20 361
-
pensions
7 149
-
7 087
-
total
14 464
-
30 692
-
Employer
63 203
-
113 826
-
other
2 181
-
4 087
-
social contributions
190
-
341
-
unemployment
2 560
-
4 609
-
pensions
10 385
-
12 080
-
health
4 424
-
9 553
-
total
19 740
-
30 670
-
Corporate
61 557
144 500
-
-
surtax
-
-
-
-
income
17 237
40 460
-
-
total
17 237
40 460
-
-
Dividends
44 321
104 040
-
-
surtax
-
-
-
-
social contributions
7 624
17 896
-
-
withholding
5 672
13 317
-
-
total
13 296
31 213
-
-
Income
144 500
144 500
144 500
144 500
Total tax
64 737
71 673
61 362
62 532
After tax
79 763
72 827
83 138
81 968
Living cost
48 739
48 739
48 739
48 739
Free-cash
31 024
24 088
34 399
33 229

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽99716
₽96326
₽77231
₽81073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
5 144
social contributions
-
-
-
31 791
total
-
-
-
36 935
Employee
32 442
-
125 109
-
income
-
-
5 569
-
social contributions
2 108
-
8 133
-
total
2 108
-
13 702
-
Employer
32 442
-
125 109
-
social contributions
5 029
-
19 391
-
total
5 029
-
19 391
-
Corporate
107 029
144 500
-
-
income
10 703
14 450
-
-
total
10 703
14 450
-
-
Dividends
96 326
130 050
-
-
total
-
-
-
-
Income
144 500
144 500
144 500
144 500
Total tax
17 840
14 450
33 093
36 935
After tax
126 660
130 050
111 407
107 565
Living cost
30 334
30 334
30 334
30 334
Free-cash
96 326
99 716
81 073
77 231

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽75458
-₽75458
₽38529
-₽75458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
municipal
-
-
-
29 110
pensions
-
-
-
875
national
-
-
-
15 876
labour market
-
-
-
11 490
total
-
-
-
57 351
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
144 500
144 500
144 500
144 500
Total tax
171 338
171 338
171 338
57 351
After tax
-26 838
-26 838
-26 838
87 149
Living cost
48 620
48 620
48 620
48 620
Free-cash
-75 458
-75 458
-75 458
38 529

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽10040
₽8370
₽77152
₽55613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
accident
-
-
-
253
income
-
-
-
38 616
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
45 603
Employee
34 207
-
128 166
-
health
3 917
-
14 675
-
income
4 693
-
28 480
-
pensions
3 852
-
7 654
-
total
12 462
-
50 809
-
Employer
34 207
-
128 166
-
accident
571
-
2 140
-
unemployment
838
-
3 140
-
pensions
5 562
-
11 053
-
total
6 971
-
16 333
-
Corporate
103 322
144 500
-
-
income

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

92 989
130 050
-
-
total
92 989
130 050
-
-
Dividends
10 332
14 450
-
-
withholding
1 963
2 745
-
-
total
1 963
2 745
-
-
Income
144 500
144 500
144 500
144 500
Total tax
114 385
132 795
67 142
45 603
After tax
30 115
11 705
77 358
98 897
Living cost
21 745
21 745
21 745
21 745
Free-cash
8 370
-10 040
55 613
77 152

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽53871
₽55415
₽58985
₽39173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
144 500
municipal
-
-
-
25 686
health
-
-
-
1 804
national
-
-
-
19 282
total
-
-
-
46 772
Employee
53 092
-
121 560
-
health
396
-
1 452
-
municipal
8 696
-
19 814
-
pensions
3 583
-
8 206
-
unemployment
797
-
1 823
-
national
877
-
12 349
-
total
14 349
-
43 644
-
Employer
53 092
-
121 560
-
accident
54
-
121
-
unemployment
345
-
791
-
pensions
9 211
-
21 092
-
health
408
-
936
-
total
10 018
-
22 940
-
Corporate
81 391
144 500
-
-
income
16 277
28 899
-
-
total
16 277
28 899
-
-
Dividends

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

48 835
86 701
-
-
national
908
7 382
-
-
municipal
8 790
15 605
-
-
total
9 698
22 987
-
-
Income
144 500
144 500
144 500
144 500
Total tax
50 342
51 886
66 584
46 772
After tax
94 158
92 614
77 916
97 728
Living cost
38 743
38 743
38 743
38 743
Free-cash
55 415
53 871
39 173
58 985

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽82160
₽76666
₽77067
₽75705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
24 058
health
-
-
-
3 684
social contributions
-
-
-
16 327
total
-
-
-
44 069
Employee
77 596
77 596
133 347
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 267
-
income
8 449
7 183
23 325
-
total
11 984
14 942
34 278
-
Employer
77 596
77 596
133 347
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 467
-
total
3 587
7 876
11 153
-
Corporate
105 565
59 027
-
-
income
13 196
7 378
-
-
total
13 196
7 378
-
-
Dividends
92 369
51 649
-
-
withholding
15 703
8 780
-
-
total
15 703
8 780
-
-
Income
144 500
144 500
144 500
144 500
Total tax
44 470
38 976
45 431
44 069
After tax
100 030
105 524
99 069
100 431
Living cost
23 364
23 364
23 364
23 364
Free-cash
76 666
82 160
75 705
77 067

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽103638
₽98503
₽103950
₽83711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
144 500
income
-
-
-
14 428
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
24 528
Employee

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

23 163
-
134 638
-
health
1 969
-
8 139
-
income
1 584
-
11 925
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
34 905
-
Employer

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

23 163
-
134 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
118 953
144 500
-
-
income
10 707
13 005
-
-
total
10 707
13 005
-
-
Dividends
108 246
131 495
-
-
withholding
9 742
11 835
-
-
total
9 742
11 835
-
-
Income
144 500
144 500
144 500
144 500
Total tax
29 975
24 840
44 767
24 528
After tax
114 525
119 660
99 733
119 972
Living cost
16 022
16 022
16 022
16 022
Free-cash
98 503
103 638
83 711
103 950

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽68969
₽64220
₽53715
₽48988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
accident
-
-
-
843
income
-
-
-
34 974
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
63 035
Employee
37 313
-
114 682
-
other
36
-
94
-
income
7 194
-
32 002
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
37 943
-
Employer
37 313
-
114 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
95 291
144 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

14 293
21 676
-
-
total
14 293
21 676
-
-
Dividends
80 998
122 824
-
-
withholding
16 779
26 105
-
-
total
16 779
26 105
-
-
Income
144 500
144 500
144 500
144 500
Total tax
52 530
47 781
67 762
63 035
After tax
91 970
96 719
76 738
81 465
Living cost
27 750
27 750
27 750
27 750
Free-cash
64 220
68 969
48 988
53 715

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽87412
₽86958
₽89550
₽89353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
48 726
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
52 194
Employee
4 198
-
142 238
-
health
210
-
503
-
income
812
-
48 620
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
50 129
-
Employer
4 198
-
142 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
139 358
144 500
-
-
income
30 659
31 790
-
-
total
30 659
31 790
-
-
Dividends
108 699
112 710
-
-
withholding
21 740
22 542
-
-
total
21 740
22 542
-
-
Income
144 500
144 500
144 500
144 500
Total tax
54 786
54 332
52 391
52 194
After tax
89 714
90 168
92 109
92 306
Living cost
2 756
2 756
2 756
2 756
Free-cash
86 958
87 412
89 353
89 550

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽86948
₽81984
₽66945
₽66946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
income
-
-
-
31 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
60 102
Employee

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

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

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

26 319
-
131 149
-
health
1 355
-
3 841
-
income
3 628
-
31 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
46 751
-
Employer

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

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

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

26 319
-
131 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
113 470
144 500
-
-
income
17 021
21 675
-
-
total
17 021
21 675
-
-
Dividends
96 450
122 825
-
-
withholding
14 467
18 424
-
-
total
14 467
18 424
-
-
Income
144 500
144 500
144 500
144 500
Total tax
45 063
40 099
60 101
60 102
After tax
99 437
104 401
84 399
84 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
81 984
86 948
66 946
66 945

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽54987
₽54622
₽51322
₽41359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
income
-
-
-
15 760
surtax
-
-
-
-
social contributions

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

-
-
-
50 213
total
-
-
-
65 973
Employee
39 166
-
116 767
-
social contributions
4 309
-
12 844
-
surtax
-
-
-
-
income
7 653
-
35 359
-
total
11 962
-
48 203
-
Employer
39 166
-
116 767
-
social contributions
9 301
-
27 733
-
total
9 301
-
27 733
-
Corporate
96 033
144 500
-
-
surtax
-
-
-
-
income
20 167
30 345
-
-
total
20 167
30 345
-
-
Dividends
75 866
114 155
-
-
withholding
21 243
31 963
-
-
total
21 243
31 963
-
-
Income
144 500
144 500
144 500
144 500
Total tax
62 673
62 308
75 936
65 973
After tax
81 827
82 192
68 564
78 527
Living cost
27 205
27 205
27 205
27 205
Free-cash
54 622
54 987
41 359
51 322

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽61254
₽54101
₽46000
₽41273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
accident
-
-
-
843
income
-
-
-
34 974
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
63 035
Employee
48 736
-
114 682
-
other
48
-
94
-
income
10 179
-
32 002
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
37 943
-
Employer
48 736
-
114 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
80 226
144 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

12 034
21 676
-
-
total
12 034
21 676
-
-
Dividends
68 192
122 824
-
-
withholding
14 090
26 105
-
-
total
14 090
26 105
-
-
Income
144 500
144 500
144 500
144 500
Total tax
54 934
47 781
67 762
63 035
After tax
89 566
96 719
76 738
81 465
Living cost
35 465
35 465
35 465
35 465
Free-cash
54 101
61 254
41 273
46 000

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽106176
₽100024
₽96037
₽101343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
21 675
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
31 092
Employee
23 001
-
137 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
13 758
-
pensions

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

2 019
-
3 097
-
total
5 630
-
18 865
-
Employer
23 001
-
137 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
116 986
144 500
-
-
income
11 698
14 450
-
-
total
11 698
14 450
-
-
Dividends
105 288
130 050
-
-
withholding
5 264
6 503
-
-
total
5 264
6 503
-
-
Income
144 500
144 500
144 500
144 500
Total tax
27 105
20 953
25 786
31 092
After tax
117 395
123 547
118 714
113 408
Living cost
17 371
17 371
17 371
17 371
Free-cash
100 024
106 176
101 343
96 037

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽35460
₽48662
₽41412
₽55414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
trade
-
-
-
14 002
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.

-
-
-
40 979
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 254
total
-
-
-
64 129
Employee

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

50 210
-
144 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 254
-
income

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

4 129
-
40 979
-
total
11 251
-
50 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 290
144 500
-
-
surtax

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

777
1 193
-
-
income
14 144
21 676
-
-
trade
13 531
20 735
-
-
chamber of commerce
291
366
-
-
total
28 743
43 970
-
-
Dividends
65 546
100 530
-
-
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.

881
1 362
-
-
withholding
16 004
24 749
-
-
total
16 885
26 111
-
-
Income
144 500
144 500
144 500
144 500
Total tax
56 879
70 081
50 127
64 129
After tax
87 621
74 419
94 373
80 371
Living cost
38 959
38 959
38 959
38 959
Free-cash
48 662
35 460
55 414
41 412

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽43667
₽45892
₽22557
₽22557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
41 121
social contributions
-
-
-
23 338
total
-
-
-
64 459
Employee
78 935
-
144 500
-
income
14 895
-
41 121
-
social contributions
6 558
-
23 338
-
total
21 453
-
64 459
-
Employer
78 935
-
144 500
-
total
-
-
-
-
Corporate
65 565
144 500
-
-
income
8 196
18 062
-
-
total
8 196
18 062
-
-
Dividends
57 369
126 438
-
-
withholding
11 475
25 287
-
-
total
11 475
25 287
-
-
Income
144 500
144 500
144 500
144 500
Total tax
41 124
43 349
64 459
64 459
After tax
103 376
101 151
80 041
80 041
Living cost
57 484
57 484
57 484
57 484
Free-cash
45 892
43 667
22 557
22 557

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽51963
₽55489
₽72403
₽68141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
139 858
-
income
5 023
-
30 444
-
social contributions
4 638
-
4 642
-
total
9 661
-
35 086
-
Employer
46 292
-
139 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
93 570
144 500
-
-
income
32 750
50 575
-
-
total
32 750
50 575
-
-
Dividends
60 820
93 925
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
144 500
144 500
144 500
144 500
Total tax
52 380
55 906
39 728
35 466
After tax
92 120
88 594
104 772
109 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
55 489
51 963
68 141
72 403

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽60628
₽64940
₽60752
₽47486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
income
-
-
-
37 702
pensions
-
-
-
8 433
total
-
-
-
46 135
Employee
51 629
-
126 543
-
health
673
-
1 967
-
income
9 402
-
28 857
-
pensions
3 941
-
10 620
-
total
14 016
-
41 444
-
Employer
51 629
-
126 543
-
pensions
5 216
-
15 553
-
health
981
-
2 404
-
total
6 197
-
17 957
-
Corporate
86 674
144 500
-
-
income

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

16 469
27 454
-
-
total
16 469
27 454
-
-
Dividends
70 205
117 046
-
-
withholding
5 265
18 805
-
-
total
5 265
18 805
-
-
Income
144 500
144 500
144 500
144 500
Total tax
41 947
46 259
59 401
46 135
After tax
102 553
98 241
85 099
98 365
Living cost
37 613
37 613
37 613
37 613
Free-cash
64 940
60 628
47 486
60 752

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽12193
₽8040
₽74999
₽53460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
accident
-
-
-
253
income
-
-
-
38 616
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
45 603
Employee
37 593
-
128 166
-
health
4 304
-
14 675
-
income
5 157
-
28 480
-
pensions
4 233
-
7 654
-
total
13 694
-
50 809
-
Employer
37 593
-
128 166
-
accident
628
-
2 140
-
unemployment
921
-
3 140
-
pensions
6 112
-
11 053
-
total
7 661
-
16 333
-
Corporate
99 246
144 500
-
-
income

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

89 321
130 050
-
-
total
89 321
130 050
-
-
Dividends
9 925
14 450
-
-
withholding
1 886
2 745
-
-
total
1 886
2 745
-
-
Income
144 500
144 500
144 500
144 500
Total tax
112 562
132 795
67 142
45 603
After tax
31 938
11 705
77 358
98 897
Living cost
23 898
23 898
23 898
23 898
Free-cash
8 040
-12 193
53 460
74 999

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽107966
₽103244
₽67810
₽85358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
144 500
work injury
-
-
-
723
health insurance
-
-
-
10 693
income
-
-
-
23 321
pensions
-
-
-
26 588
unemployment
-
-
-
1 734
total
-
-
-
63 059
Employee

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

21 810
-
144 500
-
work injury
109
-
403
-
income
2 181
-
23 321
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
45 511
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 690
144 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 227
1 445
-
-
total
1 227
1 445
-
-
Dividends
121 463
143 055
-
-
withholding
18 219
21 458
-
-
total
18 219
21 458
-
-
Income
144 500
144 500
144 500
144 500
Total tax
27 625
22 903
45 511
63 059
After tax
116 875
121 597
98 989
81 441
Living cost
13 631
13 631
13 631
13 631
Free-cash
103 244
107 966
85 358
67 810

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽35911
₽31321
₽29094
₽22532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
144 500
municipal
-
-
-
965
regional
-
-
-
3 274
national
-
-
-
33 800
social contributions
-
-
-
37 166
total
-
-
-
75 205
Employee
85 034
-
144 500
-
social contributions
28 673
-
48 725
-
regional
1 284
-
2 833
-
municipal
507
-
862
-
national
14 370
-
29 347
-
total
44 834
-
81 767
-
Employer
85 034
-
144 500
-
total
-
-
-
-
Corporate
59 466
144 500
-
-
nationa
14 272
34 680
-
-
municipal
2 867
6 965
-
-
total
17 139
41 645
-
-
Dividends
42 326
102 855
-
-
withholding
11 005
26 743
-
-
total
11 005
26 743
-
-
Income
144 500
144 500
144 500
144 500
Total tax
72 978
68 388
81 767
75 205
After tax
71 522
76 112
62 733
69 295
Living cost
40 201
40 201
40 201
40 201
Free-cash
31 321
35 911
22 532
29 094

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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