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
₽ 145000
per

Your estimated
City
free-cash

Dresden , Germany
₽42406
₽53645
₽48572
₽63968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
trade
-
-
-
15 396
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.

-
-
-
41 049
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.

-
-
-
6 943
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.

-
-
-
2 258
total
-
-
-
65 646
Employee

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

38 870
-
145 000
-
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.

6 943
-
6 943
-
surtax

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

60
-
2 258
-
income

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

1 086
-
41 049
-
total
8 089
-
50 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 130
145 000
-
-
surtax

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

876
1 196
-
-
income
15 920
21 750
-
-
trade
16 715
22 838
-
-
chamber of commerce
307
363
-
-
total
33 818
46 147
-
-
Dividends
72 313
98 854
-
-
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.

974
1 338
-
-
withholding
17 692
24 327
-
-
total
18 666
25 665
-
-
Income
145 000
145 000
145 000
145 000
Total tax
60 573
71 812
50 250
65 646
After tax
84 427
73 188
94 750
79 354
Living cost
30 782
30 782
30 782
30 782
Free-cash
53 645
42 406
63 968
48 572

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39205
₽38353
₽34865
₽36004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
municipal
-
-
-
15 650
pensions
-
-
-
17 400
national
-
-
-
24 251
social contributions
-
-
-
1 559
total
-
-
-
58 860
Employee
79 485
-
125 351
-
municipal
9 818
-
16 211
-
pensions
3 179
-
5 014
-
national
15 213
-
25 120
-
total
28 210
-
46 345
-
Employer
79 485
-
125 351
-
social contributions
854
-
1 348
-
pensions
6 359
-
10 028
-
total
7 213
-
11 376
-
Corporate
53 055
145 000
-
-
income

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

10 611
29 000
-
-
total
10 611
29 000
-
-
Dividends
42 444
116 000
-
-
withholding
9 338
25 520
-
-
total
9 338
25 520
-
-
Income
145 000
145 000
145 000
145 000
Total tax
55 372
54 520
57 721
58 860
After tax
89 628
90 480
87 279
86 140
Living cost
51 275
51 275
51 275
51 275
Free-cash
38 353
39 205
36 004
34 865

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94858
₽86521
₽24707
₽60092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
microenterprise
-
-
-
-
income
-
-
-
23 237
surtax
-
-
-
36 976
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.

-
-
-
38 937
total
-
-
-
99 150
Employee
29 696
-
116 851
-
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.

3 267
-
12 854
-
surtax
-
-
-
-
income
5 286
-
22 762
-
total
8 553
-
35 616
-
Employer
29 696
-
116 851
-
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.

7 153
-
28 149
-
surtax
-
-
-
-
total
7 153
-
28 149
-
Corporate
108 151
145 000
-
-
income

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

21 631
29 000
-
-
total
21 631
29 000
-
-
Dividends

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

86 521
116 000
-
-
total
-
-
-
-
Income
145 000
145 000
145 000
145 000
Total tax
37 337
29 000
63 765
99 150
After tax
107 663
116 000
81 235
45 850
Living cost
21 142
21 142
21 142
21 142
Free-cash
86 521
94 858
60 092
24 707

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28710
₽22484
₽39844
₽44328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
38 144
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
62 583
Employee
86 784
86 784
126 114
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
14 774
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
39 213
-
Employer
86 784
86 784
126 114
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
44 083
43 019
-
-
income
8 817
8 603
-
-
total
8 817
8 603
-
-
Dividends
35 266
34 415
-
-
income
7 494
7 313
-
-
withholding
5 290
5 163
-
-
total
12 784
12 476
-
-
Income
145 000
145 000
145 000
145 000
Total tax
79 943
73 717
58 099
62 583
After tax
65 057
71 283
86 901
82 417
Living cost
42 573
42 573
42 573
42 573
Free-cash
22 484
28 710
44 328
39 844

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40013
₽39134
₽37018
₽36068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
municipal
-
-
-
35 825
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
8 138
total
-
-
-
68 825
Employee
55 795
-
118 036
-
municipal
16 638
-
35 198
-
national
-
-
7 612
-
total
16 638
-
42 810
-
Employer
55 795
-
118 036
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
71 675
145 000
-
-
income
15 769
31 900
-
-
total
15 769
31 900
-
-
Dividends
55 906
113 100
-
-
withholding
16 772
33 930
-
-
total
16 772
33 930
-
-
Income
145 000
145 000
145 000
145 000
Total tax
66 709
65 830
69 775
68 825
After tax
78 291
79 170
75 225
76 175
Living cost
39 157
39 157
39 157
39 157
Free-cash
39 134
40 013
36 068
37 018

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32519
₽46800
₽38747
₽54827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
trade
-
-
-
16 080
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.

-
-
-
41 049
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.

-
-
-
6 943
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.

-
-
-
2 258
total
-
-
-
66 330
Employee

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

51 537
-
145 000
-
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.

6 943
-
6 943
-
surtax

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

243
-
2 258
-
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.

4 428
-
41 049
-
total
11 614
-
50 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 463
145 000
-
-
surtax

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

771
1 196
-
-
income
14 019
21 750
-
-
trade
15 374
23 852
-
-
chamber of commerce
287
361
-
-
total
30 451
47 159
-
-
Dividends
63 012
97 841
-
-
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
1 325
-
-
withholding
15 367
24 074
-
-
total
16 212
25 399
-
-
Income
145 000
145 000
145 000
145 000
Total tax
58 277
72 558
50 250
66 330
After tax
86 723
72 442
94 750
78 670
Living cost
39 923
39 923
39 923
39 923
Free-cash
46 800
32 519
54 827
38 747

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72927
₽68713
₽67849
₽66482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
24 049
health
-
-
-
3 697
social contributions
-
-
-
16 443
total
-
-
-
44 189
Employee
78 145
78 145
133 778
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
2 274
-
income
8 206
7 234
23 312
-
total
12 780
15 049
34 334
-
Employer
78 145
78 145
133 778
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
2 474
-
total
4 644
7 932
11 222
-
Corporate
94 613
58 922
-
-
income
11 826
7 365
-
-
total
11 826
7 365
-
-
Dividends
82 787
51 557
-
-
withholding
14 075
8 765
-
-
total
14 075
8 765
-
-
Income
145 000
145 000
145 000
145 000
Total tax
43 325
39 111
45 556
44 189
After tax
101 675
105 889
99 444
100 811
Living cost
32 962
32 962
32 962
32 962
Free-cash
68 713
72 927
66 482
67 849

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63114
₽63498
₽82040
₽65648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
17 726
pensions
-
-
-
14 500
unemployment
-
-
-
2 175
health
-
-
-
10 150
total
-
-
-
44 551
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.

26 573
10 576
121 339
-
health
1 860
740
8 494
-
income
3 249
1 293
14 834
-
pensions
2 657
1 058
12 134
-
unemployment
399
159
1 820
-
total
8 165
3 250
37 282
-
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.

26 573
10 576
121 339
-
pensions
5 182
2 062
23 661
-
total
5 182
2 062
23 661
-
Corporate
113 245
132 362
-
-
income
10 192
11 913
-
-
total
10 192
11 913
-
-
Dividends
103 053
120 449
-
-
social contributions
19 974
23 367
-
-
withholding
19 580
22 885
-
-
total
39 554
46 252
-
-
Income
145 000
145 000
145 000
145 000
Total tax
63 093
63 477
60 943
44 551
After tax
81 907
81 523
84 057
100 449
Living cost
18 409
18 409
18 409
18 409
Free-cash
63 498
63 114
65 648
82 040

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91454
₽85141
₽53174
₽59027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
19 430
pensions
-
-
-
29 000
health
-
-
-
18 850
total
-
-
-
67 280
Employee
28 830
-
108 369
-
income
3 246
-
20 894
-
pensions
577
-
2 168
-
unemployment
461
-
1 734
-
total
4 284
-
24 796
-
Employer
28 830
-
108 369
-
unemployment
231
-
868
-
pensions
5 766
-
21 675
-
health
3 747
-
14 088
-
total
9 744
-
36 631
-
Corporate
106 425
145 000
-
-
income
21 285
29 000
-
-
total
21 285
29 000
-
-
Dividends
85 140
116 000
-
-
total
-
-
-
-
Income
145 000
145 000
145 000
145 000
Total tax
35 313
29 000
61 427
67 280
After tax
109 687
116 000
83 573
77 720
Living cost
24 546
24 546
24 546
24 546
Free-cash
85 141
91 454
59 027
53 174

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10451
₽8341
₽77044
₽55417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
accident
-
-
-
255
income
-
-
-
38 733
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
45 760
Employee
34 915
-
128 587
-
health
3 998
-
14 723
-
income
4 790
-
28 555
-
pensions
3 932
-
7 697
-
total
12 720
-
50 975
-
Employer
34 915
-
128 587
-
accident
583
-
2 147
-
unemployment
855
-
3 150
-
pensions
5 677
-
11 115
-
total
7 115
-
16 412
-
Corporate
102 969
145 000
-
-
income

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

92 672
130 500
-
-
total
92 672
130 500
-
-
Dividends
10 297
14 500
-
-
withholding
1 956
2 755
-
-
total
1 956
2 755
-
-
Income
145 000
145 000
145 000
145 000
Total tax
114 463
133 255
67 387
45 760
After tax
30 537
11 745
77 613
99 240
Living cost
22 196
22 196
22 196
22 196
Free-cash
8 341
-10 451
55 417
77 044

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128488
₽126752
₽134288
₽106738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
145 000
microenterprise

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

-
-
-
1 450
total
-
-
-
1 450
Employee
11 577
-
145 000
-
income
2 315
-
29 000
-
total
2 315
-
29 000
-
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%.

133 423
145 000
-
-
total
-
-
-
-
Dividends
133 423
145 000
-
-
withholding
6 671
7 250
-
-
total
6 671
7 250
-
-
Income
145 000
145 000
145 000
145 000
Total tax
8 986
7 250
29 000
1 450
After tax
136 014
137 750
116 000
143 550
Living cost
9 262
9 262
9 262
9 262
Free-cash
126 752
128 488
106 738
134 288

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79452
₽72588
₽49920
₽55917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
19 933
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.

-
-
-
34 801
other
-
-
-
6 887
health
-
-
-
6 380
total
-
-
-
68 001
Employee
36 899
-
115 813
-
health
517
-
1 622
-
income
6 353
-
21 931
-
pensions

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

2 582
-
8 108
-
unemployment
368
-
1 159
-
total
9 820
-
32 820
-
Employer
36 899
-
115 813
-
accident
295
-
926
-
other
1 846
-
5 789
-
unemployment
368
-
1 159
-
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.

6 274
-
19 688
-
health
517
-
1 622
-
total
9 300
-
29 184
-
Corporate
98 801
145 000
-
-
income
20 749
30 450
-
-
total
20 749
30 450
-
-
Dividends
78 052
114 550
-
-
withholding
5 464
8 019
-
-
total
5 464
8 019
-
-
Income
145 000
145 000
145 000
145 000
Total tax
45 333
38 469
62 004
68 001
After tax
99 667
106 531
82 996
76 999
Living cost
27 079
27 079
27 079
27 079
Free-cash
72 588
79 452
55 917
49 920

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30300
₽26185
₽30386
₽17068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
37 705
pensions
-
-
-
8 500
total
-
-
-
46 205
Employee
96 788
-
126 992
-
health
1 595
-
1 978
-
income
17 447
-
28 825
-
pensions
9 337
-
10 712
-
total
28 379
-
41 515
-
Employer
96 788
-
126 992
-
pensions
11 428
-
15 595
-
health
1 838
-
2 413
-
total
13 266
-
18 008
-
Corporate
34 946
145 000
-
-
income

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

6 639
27 550
-
-
total
6 639
27 550
-
-
Dividends
28 307
117 450
-
-
withholding
2 122
18 741
-
-
total
2 122
18 741
-
-
Income
145 000
145 000
145 000
145 000
Total tax
50 406
46 291
59 523
46 205
After tax
94 594
98 709
85 477
98 795
Living cost
68 409
68 409
68 409
68 409
Free-cash
26 185
30 300
17 068
30 386

Estimated living cost  is ₽68409 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽110653
₽105934
₽100451
₽105772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
21 750
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
31 227
Employee
17 640
-
138 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
13 804
-
pensions

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

1 549
-
3 116
-
total
4 318
-
18 943
-
Employer
17 640
-
138 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
123 898
145 000
-
-
income
12 390
14 500
-
-
total
12 390
14 500
-
-
Dividends
111 508
130 500
-
-
withholding
5 575
6 525
-
-
total
5 575
6 525
-
-
Income
145 000
145 000
145 000
145 000
Total tax
25 744
21 025
25 906
31 227
After tax
119 256
123 975
119 094
113 773
Living cost
13 322
13 322
13 322
13 322
Free-cash
105 934
110 653
105 772
100 451

Estimated living cost  is ₽13322 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽14930
₽17487
₽26064
₽30548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
38 144
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
62 583
Employee
94 220
86 784
126 114
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
14 774
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
39 213
-
Employer
94 220
86 784
126 114
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
34 283
43 019
-
-
income
6 856
8 603
-
-
total
6 856
8 603
-
-
Dividends
27 427
34 415
-
-
income
5 828
7 313
-
-
withholding
4 114
5 163
-
-
total
9 942
12 476
-
-
Income
145 000
145 000
145 000
145 000
Total tax
71 160
73 717
58 099
62 583
After tax
73 840
71 283
86 901
82 417
Living cost
56 353
56 353
56 353
56 353
Free-cash
17 487
14 930
30 548
26 064

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75543
₽66878
₽52613
₽49293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
13 571
health
-
-
-
19 575
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 952
total
-
-
-
68 098
Employee
35 720
-
108 209
-
social contributions
2 322
-
7 034
-
health
4 822
-
14 608
-
solidarity contribution
-
-
-
-
income
4 286
-
12 985
-
total
11 430
-
34 627
-
Employer
35 720
-
108 209
-
social contributions
8 930
-
27 052
-
health
3 215
-
9 739
-
total
12 145
-
36 791
-
Corporate
97 135
145 000
-
-
income
18 456
27 550
-
-
total
18 456
27 550
-
-
Dividends
78 680
117 450
-
-
withholding
11 802
17 618
-
-
total
11 802
17 618
-
-
Income
145 000
145 000
145 000
145 000
Total tax
53 833
45 168
71 418
68 098
After tax
91 167
99 832
73 582
76 902
Living cost
24 289
24 289
24 289
24 289
Free-cash
66 878
75 543
49 293
52 613

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34482
₽29175
₽28405
₽21554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
municipal
-
-
-
862
regional
-
-
-
1 676
national
-
-
-
33 881
social contributions
-
-
-
37 294
total
-
-
-
73 713
Employee
90 319
-
145 000
-
social contributions
30 456
-
48 894
-
regional
852
-
1 477
-
municipal
478
-
769
-
national
15 650
-
29 424
-
total
47 436
-
80 564
-
Employer
90 319
-
145 000
-
total
-
-
-
-
Corporate
54 681
145 000
-
-
nationa
13 124
34 801
-
-
municipal
2 133
5 654
-
-
total
15 257
40 455
-
-
Dividends
39 424
104 545
-
-
withholding
10 250
27 181
-
-
total
10 250
27 181
-
-
Income
145 000
145 000
145 000
145 000
Total tax
72 943
67 636
80 564
73 713
After tax
72 057
77 364
64 436
71 287
Living cost
42 882
42 882
42 882
42 882
Free-cash
29 175
34 482
21 554
28 405

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68780
₽65618
₽46381
₽42768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
34 334
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
4 873
total
-
-
-
76 194
Employee
33 607
-
119 784
-
other
-
-
-
-
health
858
-
3 053
-
surtax
110
-
4 303
-
income
5 633
-
30 911
-
pensions
2 241
-
7 990
-
unemployment
2 339
-
8 337
-
total
11 181
-
54 594
-
Employer
33 607
-
119 784
-
other
-
-
-
-
unemployment
1 065
-
3 797
-
pensions
4 480
-
15 966
-
health
1 529
-
5 450
-
total
7 074
-
25 213
-
Corporate
104 319
145 000
-
-
income
27 123
37 699
-
-
total
27 123
37 699
-
-
Dividends
77 196
107 301
-
-
withholding
11 579
16 096
-
-
total
11 579
16 096
-
-
Income
145 000
145 000
145 000
145 000
Total tax
56 957
53 795
79 807
76 194
After tax
88 043
91 205
65 193
68 806
Living cost
22 425
22 425
22 425
22 425
Free-cash
65 618
68 780
42 768
46 381

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51974
₽53857
₽52060
₽38742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
37 705
pensions
-
-
-
8 500
total
-
-
-
46 205
Employee
64 865
-
126 992
-
health
942
-
1 978
-
income
11 682
-
28 825
-
pensions
5 506
-
10 712
-
total
18 130
-
41 515
-
Employer
64 865
-
126 992
-
pensions
7 022
-
15 595
-
health
1 232
-
2 413
-
total
8 254
-
18 008
-
Corporate
71 882
145 000
-
-
income

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

13 658
27 550
-
-
total
13 658
27 550
-
-
Dividends
58 223
117 450
-
-
withholding
4 366
18 741
-
-
total
4 366
18 741
-
-
Income
145 000
145 000
145 000
145 000
Total tax
44 408
46 291
59 523
46 205
After tax
100 592
98 709
85 477
98 795
Living cost
46 735
46 735
46 735
46 735
Free-cash
53 857
51 974
38 742
52 060

Estimated living cost  is ₽46735 per week

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

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽11308
₽21897
₽41245
₽34203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
city
-
-
-
1 529
pensions
-
-
-
13 340
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.

-
-
-
2 900
regional
-
-
-
6 339
health
-
-
-
327
national
-
-
-
1 707
total
-
-
-
26 142
Employee
90 828
-
129 784
-
city
975
-
1 393
-
regional
2 974
-
5 438
-
health
205
-
291
-
pensions
7 631
-
10 902
-
unemployment
-
-
-
-
national
430
-
1 372
-
total
12 215
-
19 396
-
Employer
90 828
-
129 784
-
other

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

1 816
-
2 595
-
unemployment
-
-
-
-
pensions
7 631
-
10 902
-
health
205
-
291
-
total
9 652
-
13 788
-
Corporate
43 522
145 000
-
-
regional
9 206
30 668
-
-
national
3 700
12 325
-
-
total
12 906
42 993
-
-
Dividends
30 616
102 006
-
-
withholding
10 717
35 702
-
-
total
10 717
35 702
-
-
Income
145 000
145 000
145 000
145 000
Total tax
45 490
78 695
33 184
26 142
After tax
99 510
66 305
111 816
118 858
Living cost
77 613
77 613
77 613
77 613
Free-cash
21 897
-11 308
34 203
41 245

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25143
₽41622
₽31430
₽48195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
trade
-
-
-
16 765
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.

-
-
-
41 049
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.

-
-
-
6 943
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.

-
-
-
2 258
total
-
-
-
67 015
Employee

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

61 075
-
145 000
-
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.

6 943
-
6 943
-
surtax

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

395
-
2 258
-
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.

7 182
-
41 049
-
total
14 520
-
50 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 925
145 000
-
-
surtax

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

692
1 196
-
-
income
12 590
21 750
-
-
trade
14 393
24 867
-
-
chamber of commerce
272
359
-
-
total
27 947
48 172
-
-
Dividends
55 978
96 829
-
-
surtax

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

748
1 309
-
-
withholding
13 608
23 821
-
-
total
14 356
25 130
-
-
Income
145 000
145 000
145 000
145 000
Total tax
56 823
73 302
50 250
67 015
After tax
88 177
71 698
94 750
77 985
Living cost
46 555
46 555
46 555
46 555
Free-cash
41 622
25 143
48 195
31 430

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and 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

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
₽38310
₽44312
₽47494
₽48723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
19 944
pensions
-
-
-
29 096
other
-
-
-
4 495
health
-
-
-
5 070
surtax
-
-
-
-
social contributions
-
-
-
4 131
total
-
-
-
62 736
Employee
43 494
-
114 257
-
social contributions
1 240
-
3 255
-
surtax
-
-
-
-
income
2 567
-
20 407
-
pensions
4 918
-
7 101
-
total
8 725
-
30 763
-
Employer
43 494
-
114 257
-
other
1 500
-
4 097
-
social contributions
131
-
343
-
unemployment
1 761
-
4 627
-
pensions
7 145
-
12 104
-
health
3 045
-
9 573
-
total
13 582
-
30 744
-
Corporate
87 923
145 000
-
-
surtax
-
-
-
-
income
24 618
40 600
-
-
total
24 618
40 600
-
-
Dividends
63 305
104 400
-
-
surtax
-
-
-
-
social contributions
10 889
17 957
-
-
withholding
8 104
13 363
-
-
total
18 993
31 320
-
-
Income
145 000
145 000
145 000
145 000
Total tax
65 918
71 920
61 507
62 736
After tax
79 082
73 080
83 493
82 264
Living cost
34 770
34 770
34 770
34 770
Free-cash
44 312
38 310
48 723
47 494

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41755
₽47403
₽50939
₽52168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
19 944
pensions
-
-
-
29 096
other
-
-
-
4 495
health
-
-
-
5 070
surtax
-
-
-
-
social contributions
-
-
-
4 131
total
-
-
-
62 736
Employee
38 825
-
114 257
-
social contributions
1 107
-
3 255
-
surtax
-
-
-
-
income
2 002
-
20 407
-
pensions
4 391
-
7 101
-
total
7 500
-
30 763
-
Employer
38 825
-
114 257
-
other
1 340
-
4 097
-
social contributions
116
-
343
-
unemployment
1 572
-
4 627
-
pensions
6 380
-
12 104
-
health
2 717
-
9 573
-
total
12 125
-
30 744
-
Corporate
94 050
145 000
-
-
surtax
-
-
-
-
income
26 334
40 600
-
-
total
26 334
40 600
-
-
Dividends
67 716
104 400
-
-
surtax
-
-
-
-
social contributions
11 646
17 957
-
-
withholding
8 667
13 363
-
-
total
20 313
31 320
-
-
Income
145 000
145 000
145 000
145 000
Total tax
66 272
71 920
61 507
62 736
After tax
78 728
73 080
83 493
82 264
Living cost
31 325
31 325
31 325
31 325
Free-cash
47 403
41 755
52 168
50 939

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66914
₽67441
₽71569
₽69579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
21 750
health
-
-
-
10 121
social contributions
-
-
-
20 011
total
-
-
-
51 882
Employee
34 457
-
145 000
-
social contributions
4 756
-
20 011
-
health
2 405
-
10 121
-
income
5 747
-
23 740
-
total
12 908
-
53 872
-
Employer
34 457
-
145 000
-
total
-
-
-
-
Corporate
110 543
145 000
-
-
income

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

5 527
7 249
-
-
total
5 527
7 249
-
-
Dividends
105 016
137 751
-
-
health
7 330
9 616
-
-
social contributions
14 493
19 010
-
-
withholding
15 752
20 662
-
-
total
37 575
49 288
-
-
Income
145 000
145 000
145 000
145 000
Total tax
56 010
56 537
53 872
51 882
After tax
88 990
88 463
91 128
93 118
Living cost
21 549
21 549
21 549
21 549
Free-cash
67 441
66 914
69 579
71 569

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44743
₽43171
₽38037
₽2599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
chamber of commerce
-
-
-
580
income
-
-
-
33 094
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
71 154
Employee
50 788
40 499
112 438
-
other
507
405
1 124
-
health
1 965
1 568
4 351
-
income
5 782
2 987
26 523
-
pensions
5 201
4 146
11 513
-
unemployment
1 524
1 215
3 373
-
total
14 979
10 321
46 884
-
Employer
50 788
40 499
112 438
-
accident
660
526
1 462
-
other
2 413
1 923
5 342
-
chamber of commerce
202
162
449
-
unemployment
1 524
1 215
3 373
-
surtax
201
201
201
-
pensions
6 374
5 084
14 111
-
payroll
1 524
1 215
3 373
-
health
1 919
1 531
4 251
-
total
14 817
11 857
32 562
-
Corporate
79 397
92 644
108 581
-
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.

19 849
23 162
27 146
-
total
19 849
23 162
27 146
-
Dividends
59 548
69 482
-
-
withholding
16 375
19 108
-
-
total
16 375
19 108
-
-
Income
145 000
145 000
145 000
145 000
Total tax
66 020
64 448
106 592
71 154
After tax
78 980
80 552
38 408
73 846
Living cost
35 809
35 809
35 809
35 809
Free-cash
43 171
44 743
2 599
38 037

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
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.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44111
₽28869
₽26721
₽15899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
national
-
-
-
51 128
communal

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

-
-
-
7 334
social contributions
-
-
-
22 763
total
-
-
-
81 225
Employee

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

72 694
-
112 305
-
communal

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

3 792
-
5 857
-
health

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

3 415
-
5 278
-
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.

5 452
-
8 422
-
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.

633
-
978
-
national
22 349
-
38 822
-
total
35 641
-
59 357
-
Employer

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

72 694
-
112 305
-
accident

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

945
-
1 460
-
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.

1 061
-
1 639
-
surtax
8 243
-
12 736
-
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.

6 441
-
9 949
-
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.

4 470
-
6 906
-
total
21 160
-
32 690
-
Corporate
51 146
145 000
-
-
surtax
204
580
-
-
income
10 229
29 000
-
-
total
10 433
29 580
-
-
Dividends
40 713
115 420
-
-
withholding

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

11 843
34 255
-
-
total
11 843
34 255
-
-
Income
145 000
145 000
145 000
145 000
Total tax
79 077
63 835
92 047
81 225
After tax
65 923
81 165
52 953
63 775
Living cost
37 054
37 054
37 054
37 054
Free-cash
28 869
44 111
15 899
26 721

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60361
₽52801
₽45053
₽40252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
accident
-
-
-
849
income
-
-
-
34 987
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
63 246
Employee
50 587
-
114 971
-
other
50
-
94
-
income
10 674
-
32 036
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
38 018
-
Employer
50 587
-
114 971
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
78 289
145 000
-
-
income

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

11 743
21 750
-
-
total
11 743
21 750
-
-
Dividends
66 546
123 250
-
-
withholding
13 743
26 188
-
-
total
13 743
26 188
-
-
Income
145 000
145 000
145 000
145 000
Total tax
55 498
47 938
68 047
63 246
After tax
89 502
97 062
76 953
81 754
Living cost
36 701
36 701
36 701
36 701
Free-cash
52 801
60 361
40 252
45 053

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31384
₽20241
₽20271
₽26052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
accident
-
-
-
1 223
income
-
-
-
20 006
pensions
-
-
-
21 733
health
-
-
-
10 187
surtax
-
-
-
7 188
communal
-
-
-
9 164
total
-
-
-
69 501
Employee
76 960
-
129 522
-
health
3 425
-
5 762
-
surtax
4 717
-
7 938
-
income
7 434
-
24 181
-
pensions
6 156
-
10 362
-
total
21 732
-
48 243
-
Employer
76 960
-
129 522
-
accident
692
-
1 165
-
pensions
6 156
-
10 362
-
health
2 347
-
3 950
-
total
9 195
-
15 477
-
Corporate
58 844
145 000
-
-
surtax
617
1 522
-
-
communal
3 973
9 787
-
-
income
8 827
21 750
-
-
total
13 417
33 059
-
-
Dividends
45 427
111 941
-
-
income
18 373
8 537
-
-
withholding
6 814
16 792
-
-
total
25 187
25 329
-
-
Income
145 000
145 000
145 000
145 000
Total tax
69 531
58 388
63 720
69 501
After tax
75 469
86 612
81 280
75 499
Living cost
55 228
55 228
55 228
55 228
Free-cash
20 241
31 384
26 052
20 271

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
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.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68379
₽65148
₽45980
₽42367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
34 334
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
4 873
total
-
-
-
76 194
Employee
34 224
-
119 784
-
other
-
-
-
-
health
874
-
3 053
-
surtax
121
-
4 303
-
income
5 737
-
30 911
-
pensions
2 283
-
7 990
-
unemployment
2 382
-
8 337
-
total
11 397
-
54 594
-
Employer
34 224
-
119 784
-
other
-
-
-
-
unemployment
1 086
-
3 797
-
pensions
4 563
-
15 966
-
health
1 556
-
5 450
-
total
7 205
-
25 213
-
Corporate
103 571
145 000
-
-
income
26 928
37 699
-
-
total
26 928
37 699
-
-
Dividends
76 643
107 301
-
-
withholding
11 496
16 096
-
-
total
11 496
16 096
-
-
Income
145 000
145 000
145 000
145 000
Total tax
57 026
53 795
79 807
76 194
After tax
87 974
91 205
65 193
68 806
Living cost
22 826
22 826
22 826
22 826
Free-cash
65 148
68 379
42 367
45 980

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48838
₽46582
₽43401
₽36586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
municipal
-
-
-
862
regional
-
-
-
2 186
national
-
-
-
33 881
social contributions
-
-
-
37 294
total
-
-
-
74 223
Employee
56 373
-
145 000
-
social contributions
19 010
-
48 894
-
regional
759
-
1 951
-
municipal
299
-
769
-
national
8 931
-
29 424
-
total
28 999
-
81 038
-
Employer
56 373
-
145 000
-
total
-
-
-
-
Corporate
88 627
145 000
-
-
nationa
21 270
34 801
-
-
municipal
4 405
7 207
-
-
total
25 675
42 008
-
-
Dividends
62 952
102 992
-
-
withholding
16 368
26 778
-
-
total
16 368
26 778
-
-
Income
145 000
145 000
145 000
145 000
Total tax
71 042
68 786
81 038
74 223
After tax
73 958
76 214
63 962
70 777
Living cost
27 376
27 376
27 376
27 376
Free-cash
46 582
48 838
36 586
43 401

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69901
₽59225
₽46971
₽43651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
13 571
health
-
-
-
19 575
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 952
total
-
-
-
68 098
Employee
44 016
-
108 209
-
social contributions
2 861
-
7 034
-
health
5 942
-
14 608
-
solidarity contribution
-
-
-
-
income
5 282
-
12 985
-
total
14 085
-
34 627
-
Employer
44 016
-
108 209
-
social contributions
11 004
-
27 052
-
health
3 961
-
9 739
-
total
14 965
-
36 791
-
Corporate
86 018
145 000
-
-
income
16 343
27 550
-
-
total
16 343
27 550
-
-
Dividends
69 675
117 450
-
-
withholding
10 451
17 618
-
-
total
10 451
17 618
-
-
Income
145 000
145 000
145 000
145 000
Total tax
55 844
45 168
71 418
68 098
After tax
89 156
99 832
73 582
76 902
Living cost
29 931
29 931
29 931
29 931
Free-cash
59 225
69 901
43 651
46 971

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48240
₽47736
₽41625
₽6026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
chamber of commerce
-
-
-
580
income
-
-
-
33 094
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
70 953
Employee
44 424
40 499
112 593
-
other
444
405
1 126
-
health
1 718
1 568
4 357
-
income
3 957
2 987
26 575
-
pensions
4 549
4 146
11 529
-
unemployment
1 333
1 215
3 377
-
total
12 001
10 321
46 964
-
Employer
44 424
40 499
112 593
-
accident
577
526
1 464
-
other
2 110
1 923
5 348
-
chamber of commerce
177
162
451
-
unemployment
1 333
1 215
3 377
-
surtax
-
-
-
-
pensions
5 575
5 084
14 130
-
payroll
1 333
1 215
3 377
-
health
1 680
1 531
4 256
-
total
12 785
11 656
32 403
-
Corporate
87 792
92 844
108 740
-
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.

21 949
23 212
27 185
-
total
21 949
23 212
27 185
-
Dividends
65 843
69 633
-
-
withholding
18 107
19 149
-
-
total
18 107
19 149
-
-
Income
145 000
145 000
145 000
145 000
Total tax
64 842
64 338
106 552
70 953
After tax
80 158
80 662
38 448
74 047
Living cost
32 422
32 422
32 422
32 422
Free-cash
47 736
48 240
6 026
41 625

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123317
₽120610
₽129117
₽101567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
145 000
microenterprise

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

-
-
-
1 450
total
-
-
-
1 450
Employee
18 042
-
145 000
-
income
3 609
-
29 000
-
total
3 609
-
29 000
-
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%.

126 958
145 000
-
-
total
-
-
-
-
Dividends
126 958
145 000
-
-
withholding
6 348
7 250
-
-
total
6 348
7 250
-
-
Income
145 000
145 000
145 000
145 000
Total tax
9 957
7 250
29 000
1 450
After tax
135 043
137 750
116 000
143 550
Living cost
14 433
14 433
14 433
14 433
Free-cash
120 610
123 317
101 567
129 117

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72576
₽64073
₽45285
₽41446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
income
-
-
-
31 489
pensions
-
-
-
26 481
unemployment
-
-
-
218
health
-
-
-
14 269
total
-
-
-
72 457
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.

44 939
-
125 464
-
health
2 902
-
8 106
-
income
7 750
-
29 034
-
pensions
6 966
-
19 447
-
unemployment
64
-
175
-
total
17 682
-
56 762
-
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.

44 939
-
125 464
-
unemployment
27
-
75
-
pensions
3 977
-
11 103
-
health
2 993
-
8 356
-
total
6 997
-
19 534
-
Corporate
93 064
145 000
-
-
income
17 683
27 549
-
-
total
17 683
27 549
-
-
Dividends
75 381
117 451
-
-
withholding
11 307
17 617
-
-
total
11 307
17 617
-
-
Income
145 000
145 000
145 000
145 000
Total tax
53 669
45 166
76 296
72 457
After tax
91 331
99 834
68 704
72 543
Living cost
27 258
27 258
27 258
27 258
Free-cash
64 073
72 576
41 446
45 285

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44315
-₽6712
₽56304
₽87711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
28 263
social contributions
-
-
-
16 530
total
-
-
-
44 793
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
-
145 000
-
-
income
-
31 900
-
-
total
-
31 900
-
-
Dividends
-
113 100
-
-
income
-
24 882
-
-
total
-
24 882
-
-
Income
145 000
145 000
145 000
145 000
Total tax
107 809
56 782
13 386
44 793
After tax
37 191
88 218
131 614
100 207
Living cost
43 903
43 903
43 903
43 903
Free-cash
-6 712
44 315
87 711
56 304

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽50599
₽49575
₽46944
₽36966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
income
-
-
-
15 792
surtax
-
-
-
-
social contributions

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

-
-
-
50 387
total
-
-
-
66 179
Employee
46 740
-
117 171
-
social contributions
5 141
-
12 888
-
surtax
-
-
-
-
income
9 722
-
35 440
-
total
14 863
-
48 328
-
Employer
46 740
-
117 171
-
social contributions
11 101
-
27 829
-
total
11 101
-
27 829
-
Corporate
87 159
145 000
-
-
surtax
-
-
-
-
income
18 304
30 450
-
-
total
18 304
30 450
-
-
Dividends
68 855
114 550
-
-
withholding
19 280
32 074
-
-
total
19 280
32 074
-
-
Income
145 000
145 000
145 000
145 000
Total tax
63 548
62 524
76 157
66 179
After tax
81 452
82 476
68 843
78 821
Living cost
31 877
31 877
31 877
31 877
Free-cash
49 575
50 599
36 966
46 944

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23996
₽30983
₽33180
₽34409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
19 944
pensions
-
-
-
29 096
other
-
-
-
4 495
health
-
-
-
5 070
surtax
-
-
-
-
social contributions
-
-
-
4 131
total
-
-
-
62 736
Employee
63 650
-
114 257
-
social contributions
1 813
-
3 255
-
surtax
-
-
-
-
income
5 554
-
20 407
-
pensions
7 199
-
7 101
-
total
14 566
-
30 763
-
Employer
63 650
-
114 257
-
other
2 197
-
4 097
-
social contributions
191
-
343
-
unemployment
2 578
-
4 627
-
pensions
10 458
-
12 104
-
health
4 455
-
9 573
-
total
19 879
-
30 744
-
Corporate
61 470
145 000
-
-
surtax
-
-
-
-
income
17 212
40 600
-
-
total
17 212
40 600
-
-
Dividends
44 258
104 400
-
-
surtax
-
-
-
-
social contributions
7 612
17 957
-
-
withholding
5 664
13 363
-
-
total
13 276
31 320
-
-
Income
145 000
145 000
145 000
145 000
Total tax
64 933
71 920
61 507
62 736
After tax
80 067
73 080
83 493
82 264
Living cost
49 084
49 084
49 084
49 084
Free-cash
30 983
23 996
34 409
33 180

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99951
₽96538
₽77412
₽81265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
5 140
social contributions
-
-
-
31 900
total
-
-
-
37 040
Employee
32 672
-
125 541
-
income
-
-
5 568
-
social contributions
2 123
-
8 160
-
total
2 123
-
13 728
-
Employer
32 672
-
125 541
-
social contributions
5 064
-
19 459
-
total
5 064
-
19 459
-
Corporate
107 264
145 000
-
-
income
10 727
14 501
-
-
total
10 727
14 501
-
-
Dividends
96 537
130 499
-
-
total
-
-
-
-
Income
145 000
145 000
145 000
145 000
Total tax
17 914
14 501
33 187
37 040
After tax
127 086
130 499
111 813
107 960
Living cost
30 548
30 548
30 548
30 548
Free-cash
96 538
99 951
81 265
77 412

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76402
-₽76402
₽38542
-₽76402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
municipal
-
-
-
29 195
pensions
-
-
-
881
national
-
-
-
15 913
labour market
-
-
-
11 530
total
-
-
-
57 519
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
145 000
145 000
145 000
145 000
Total tax
172 463
172 463
172 463
57 519
After tax
-27 463
-27 463
-27 463
87 481
Living cost
48 939
48 939
48 939
48 939
Free-cash
-76 402
-76 402
-76 402
38 542

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10123
₽8392
₽77372
₽55745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
accident
-
-
-
255
income
-
-
-
38 733
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
45 760
Employee
34 400
-
128 587
-
health
3 939
-
14 723
-
income
4 719
-
28 555
-
pensions
3 874
-
7 697
-
total
12 532
-
50 975
-
Employer
34 400
-
128 587
-
accident
574
-
2 147
-
unemployment
843
-
3 150
-
pensions
5 593
-
11 115
-
total
7 010
-
16 412
-
Corporate
103 589
145 000
-
-
income

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

93 230
130 500
-
-
total
93 230
130 500
-
-
Dividends
10 359
14 500
-
-
withholding
1 968
2 755
-
-
total
1 968
2 755
-
-
Income
145 000
145 000
145 000
145 000
Total tax
114 740
133 255
67 387
45 760
After tax
30 260
11 745
77 613
99 240
Living cost
21 868
21 868
21 868
21 868
Free-cash
8 392
-10 123
55 745
77 372

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽53955
₽55466
₽59091
₽39212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
145 000
municipal
-
-
-
25 775
health
-
-
-
1 809
national
-
-
-
19 308
total
-
-
-
46 892
Employee
53 468
-
121 983
-
health
399
-
1 454
-
municipal
8 758
-
19 883
-
pensions
3 608
-
8 233
-
unemployment
802
-
1 830
-
national
883
-
12 354
-
total
14 450
-
43 754
-
Employer
53 468
-
121 983
-
accident
54
-
121
-
unemployment
347
-
793
-
pensions
9 276
-
21 164
-
health
411
-
939
-
total
10 088
-
23 017
-
Corporate
81 444
145 000
-
-
income
16 288
29 000
-
-
total
16 288
29 000
-
-
Dividends

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

48 867
87 000
-
-
national
895
7 368
-
-
municipal
8 796
15 660
-
-
total
9 691
23 028
-
-
Income
145 000
145 000
145 000
145 000
Total tax
50 517
52 028
66 771
46 892
After tax
94 483
92 972
78 229
98 108
Living cost
39 017
39 017
39 017
39 017
Free-cash
55 466
53 955
39 212
59 091

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82360
₽76827
₽77282
₽75915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
24 049
health
-
-
-
3 697
social contributions
-
-
-
16 443
total
-
-
-
44 189
Employee
78 145
78 145
133 778
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
2 274
-
income
8 509
7 234
23 312
-
total
12 070
15 049
34 334
-
Employer
78 145
78 145
133 778
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
2 474
-
total
3 613
7 932
11 222
-
Corporate
105 790
58 922
-
-
income
13 224
7 365
-
-
total
13 224
7 365
-
-
Dividends
92 566
51 557
-
-
withholding
15 737
8 765
-
-
total
15 737
8 765
-
-
Income
145 000
145 000
145 000
145 000
Total tax
44 644
39 111
45 556
44 189
After tax
100 356
105 889
99 444
100 811
Living cost
23 529
23 529
23 529
23 529
Free-cash
76 827
82 360
75 915
77 282

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103939
₽98770
₽104222
₽83839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
145 000
income
-
-
-
14 472
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
24 643
Employee

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

23 327
-
135 068
-
health
1 983
-
8 196
-
income
1 595
-
11 953
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
35 095
-
Employer

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

23 327
-
135 068
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
119 272
145 000
-
-
income
10 734
13 050
-
-
total
10 734
13 050
-
-
Dividends
108 538
131 950
-
-
withholding
9 768
11 876
-
-
total
9 768
11 876
-
-
Income
145 000
145 000
145 000
145 000
Total tax
30 095
24 926
45 026
24 643
After tax
114 905
120 074
99 974
120 357
Living cost
16 135
16 135
16 135
16 135
Free-cash
98 770
103 939
83 839
104 222

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69116
₽64323
₽53808
₽49007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
accident
-
-
-
849
income
-
-
-
34 987
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
63 246
Employee
37 577
-
114 971
-
other
37
-
94
-
income
7 245
-
32 036
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
38 018
-
Employer
37 577
-
114 971
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
95 443
145 000
-
-
income

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

14 316
21 750
-
-
total
14 316
21 750
-
-
Dividends
81 127
123 250
-
-
withholding
16 805
26 188
-
-
total
16 805
26 188
-
-
Income
145 000
145 000
145 000
145 000
Total tax
52 731
47 938
68 047
63 246
After tax
92 269
97 062
76 953
81 754
Living cost
27 946
27 946
27 946
27 946
Free-cash
64 323
69 116
49 007
53 808

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87699
₽87243
₽89835
₽89638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
48 884
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
52 384
Employee
4 236
-
142 718
-
health
212
-
507
-
income
820
-
48 777
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
50 298
-
Employer
4 236
-
142 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
139 810
145 000
-
-
income
30 758
31 900
-
-
total
30 758
31 900
-
-
Dividends
109 052
113 100
-
-
withholding
21 810
22 620
-
-
total
21 810
22 620
-
-
Income
145 000
145 000
145 000
145 000
Total tax
54 976
54 520
52 581
52 384
After tax
90 024
90 480
92 419
92 616
Living cost
2 781
2 781
2 781
2 781
Free-cash
87 243
87 699
89 638
89 835

Estimated living cost  is ₽2781 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽87205
₽82207
₽67070
₽67070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
income
-
-
-
32 009
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
60 372
Employee

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

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

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

26 477
-
131 569
-
health
1 364
-
3 864
-
income
3 650
-
32 009
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
46 941
-
Employer

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

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

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

26 477
-
131 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
113 784
145 000
-
-
income
17 068
21 750
-
-
total
17 068
21 750
-
-
Dividends
96 716
123 250
-
-
withholding
14 507
18 487
-
-
total
14 507
18 487
-
-
Income
145 000
145 000
145 000
145 000
Total tax
45 235
40 237
60 372
60 372
After tax
99 765
104 763
84 628
84 628
Living cost
17 558
17 558
17 558
17 558
Free-cash
82 207
87 205
67 070
67 070

Estimated living cost  is ₽17558 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽55078
₽54711
₽51423
₽41445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
income
-
-
-
15 792
surtax
-
-
-
-
social contributions

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

-
-
-
50 387
total
-
-
-
66 179
Employee
39 443
-
117 171
-
social contributions
4 339
-
12 888
-
surtax
-
-
-
-
income
7 707
-
35 440
-
total
12 046
-
48 328
-
Employer
39 443
-
117 171
-
social contributions
9 367
-
27 829
-
total
9 367
-
27 829
-
Corporate
96 190
145 000
-
-
surtax
-
-
-
-
income
20 200
30 450
-
-
total
20 200
30 450
-
-
Dividends
75 990
114 550
-
-
withholding
21 278
32 074
-
-
total
21 278
32 074
-
-
Income
145 000
145 000
145 000
145 000
Total tax
62 891
62 524
76 157
66 179
After tax
82 109
82 476
68 843
78 821
Living cost
27 398
27 398
27 398
27 398
Free-cash
54 711
55 078
41 445
51 423

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61346
₽54132
₽46038
₽41237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
accident
-
-
-
849
income
-
-
-
34 987
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
63 246
Employee
49 081
-
114 971
-
other
48
-
94
-
income
10 251
-
32 036
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
38 018
-
Employer
49 081
-
114 971
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
80 271
145 000
-
-
income

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

12 040
21 750
-
-
total
12 040
21 750
-
-
Dividends
68 231
123 250
-
-
withholding
14 098
26 188
-
-
total
14 098
26 188
-
-
Income
145 000
145 000
145 000
145 000
Total tax
55 152
47 938
68 047
63 246
After tax
89 848
97 062
76 953
81 754
Living cost
35 716
35 716
35 716
35 716
Free-cash
54 132
61 346
41 237
46 038

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106496
₽100304
₽96294
₽101615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
21 750
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
31 227
Employee
23 145
-
138 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
13 804
-
pensions

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

2 032
-
3 116
-
total
5 666
-
18 943
-
Employer
23 145
-
138 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
117 314
145 000
-
-
income
11 731
14 500
-
-
total
11 731
14 500
-
-
Dividends
105 583
130 500
-
-
withholding
5 279
6 525
-
-
total
5 279
6 525
-
-
Income
145 000
145 000
145 000
145 000
Total tax
27 217
21 025
25 906
31 227
After tax
117 783
123 975
119 094
113 773
Living cost
17 479
17 479
17 479
17 479
Free-cash
100 304
106 496
101 615
96 294

Estimated living cost  is ₽17479 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽35447
₽48741
₽41489
₽55515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
trade
-
-
-
14 026
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.

-
-
-
41 049
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.

-
-
-
6 943
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.

-
-
-
2 258
total
-
-
-
64 276
Employee

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

50 565
-
145 000
-
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.

6 943
-
6 943
-
surtax

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

229
-
2 258
-
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.

4 158
-
41 049
-
total
11 330
-
50 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 435
145 000
-
-
surtax

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

779
1 196
-
-
income
14 165
21 750
-
-
trade
13 552
20 807
-
-
chamber of commerce
293
366
-
-
total
28 789
44 119
-
-
Dividends
65 645
100 881
-
-
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
1 365
-
-
withholding
16 024
24 834
-
-
total
16 905
26 199
-
-
Income
145 000
145 000
145 000
145 000
Total tax
57 024
70 318
50 250
64 276
After tax
87 976
74 682
94 750
80 724
Living cost
39 235
39 235
39 235
39 235
Free-cash
48 741
35 447
55 515
41 489

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43609
₽45853
₽22503
₽22503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
41 203
social contributions
-
-
-
23 403
total
-
-
-
64 606
Employee
79 494
-
145 000
-
income
15 000
-
41 203
-
social contributions
6 604
-
23 403
-
total
21 604
-
64 606
-
Employer
79 494
-
145 000
-
total
-
-
-
-
Corporate
65 506
145 000
-
-
income
8 189
18 124
-
-
total
8 189
18 124
-
-
Dividends
57 317
126 876
-
-
withholding
11 463
25 376
-
-
total
11 463
25 376
-
-
Income
145 000
145 000
145 000
145 000
Total tax
41 256
43 500
64 606
64 606
After tax
103 744
101 500
80 394
80 394
Living cost
57 891
57 891
57 891
57 891
Free-cash
45 853
43 609
22 503
22 503

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51991
₽55541
₽72370
₽68283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
140 325
-
income
5 059
-
30 477
-
social contributions
4 671
-
4 675
-
total
9 730
-
35 152
-
Employer
46 620
-
140 325
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
93 709
145 000
-
-
income
32 799
50 750
-
-
total
32 799
50 750
-
-
Dividends
60 910
94 250
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
145 000
145 000
145 000
145 000
Total tax
52 569
56 119
39 827
35 740
After tax
92 431
88 881
105 173
109 260
Living cost
36 890
36 890
36 890
36 890
Free-cash
55 541
51 991
68 283
72 370

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60715
₽64878
₽60801
₽47483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
income
-
-
-
37 705
pensions
-
-
-
8 500
total
-
-
-
46 205
Employee
52 152
-
126 992
-
health
680
-
1 978
-
income
9 497
-
28 825
-
pensions
3 980
-
10 712
-
total
14 157
-
41 515
-
Employer
52 152
-
126 992
-
pensions
5 269
-
15 595
-
health
991
-
2 413
-
total
6 260
-
18 008
-
Corporate
86 588
145 000
-
-
income

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

16 451
27 550
-
-
total
16 451
27 550
-
-
Dividends
70 136
117 450
-
-
withholding
5 260
18 741
-
-
total
5 260
18 741
-
-
Income
145 000
145 000
145 000
145 000
Total tax
42 128
46 291
59 523
46 205
After tax
102 872
98 709
85 477
98 795
Living cost
37 994
37 994
37 994
37 994
Free-cash
64 878
60 715
47 483
60 801

Estimated living cost  is ₽37994 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽12288
₽8059
₽75207
₽53580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
accident
-
-
-
255
income
-
-
-
38 733
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
45 760
Employee
37 806
-
128 587
-
health
4 329
-
14 723
-
income
5 187
-
28 555
-
pensions
4 257
-
7 697
-
total
13 773
-
50 975
-
Employer
37 806
-
128 587
-
accident
631
-
2 147
-
unemployment
926
-
3 150
-
pensions
6 147
-
11 115
-
total
7 704
-
16 412
-
Corporate
99 490
145 000
-
-
income

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

89 541
130 500
-
-
total
89 541
130 500
-
-
Dividends
9 949
14 500
-
-
withholding
1 890
2 755
-
-
total
1 890
2 755
-
-
Income
145 000
145 000
145 000
145 000
Total tax
112 908
133 255
67 387
45 760
After tax
32 092
11 745
77 613
99 240
Living cost
24 033
24 033
24 033
24 033
Free-cash
8 059
-12 288
53 580
75 207

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽108323
₽103578
₽68031
₽85612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 000
work injury
-
-
-
725
health insurance
-
-
-
10 730
income
-
-
-
23 399
pensions
-
-
-
26 680
unemployment
-
-
-
1 740
total
-
-
-
63 274
Employee

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

21 911
-
145 000
-
work injury
110
-
405
-
income
2 191
-
23 399
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
45 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 089
145 000
-
-
income

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

1 231
1 450
-
-
total
1 231
1 450
-
-
Dividends
121 858
143 550
-
-
withholding
18 279
21 532
-
-
total
18 279
21 532
-
-
Income
145 000
145 000
145 000
145 000
Total tax
27 727
22 982
45 693
63 274
After tax
117 273
122 018
99 307
81 726
Living cost
13 695
13 695
13 695
13 695
Free-cash
103 578
108 323
85 612
68 031

Estimated living cost  is ₽13695 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽35891
₽31268
₽29087
₽22493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 000
municipal
-
-
-
970
regional
-
-
-
3 283
national
-
-
-
33 881
social contributions
-
-
-
37 294
total
-
-
-
75 428
Employee
85 636
-
145 000
-
social contributions
28 876
-
48 894
-
regional
1 293
-
2 840
-
municipal
511
-
864
-
national
14 472
-
29 424
-
total
45 152
-
82 022
-
Employer
85 636
-
145 000
-
total
-
-
-
-
Corporate
59 364
145 000
-
-
nationa
14 248
34 801
-
-
municipal
2 862
6 989
-
-
total
17 110
41 790
-
-
Dividends
42 254
103 210
-
-
withholding
10 985
26 834
-
-
total
10 985
26 834
-
-
Income
145 000
145 000
145 000
145 000
Total tax
73 247
68 624
82 022
75 428
After tax
71 753
76 376
62 978
69 572
Living cost
40 485
40 485
40 485
40 485
Free-cash
31 268
35 891
22 493
29 087

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close