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
₽ 145500
per

Your estimated
City
free-cash

Dresden , Germany
₽48970
₽64601
₽54303
₽43302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
trade
-
-
-
15 631
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.

-
-
-
6 796
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.

-
-
-
41 679
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.

-
-
-
2 292
total
-
-
-
66 398
Employee

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

38 049
-
145 500
-
surtax

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

59
-
2 292
-
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.

1 063
-
41 679
-
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.

6 796
-
6 796
-
total
7 918
-
50 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 451
145 500
-
-
trade
16 924
22 916
-
-
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.

887
1 201
-
-
income
16 118
21 825
-
-
chamber of commerce
306
361
-
-
total
34 235
46 303
-
-
Dividends
73 216
99 198
-
-
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.

985
1 342
-
-
withholding
17 927
24 421
-
-
total
18 912
25 763
-
-
Income
145 500
145 500
145 500
145 500
Total tax
61 065
72 066
50 767
66 398
After tax
84 435
73 434
94 733
79 102
Living cost
30 132
30 132
30 132
30 132
Free-cash
54 303
43 302
64 601
48 970

Estimated living cost  is ₽30132 per week

₽18954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36167
₽37309
₽39767
₽40600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
1 564
municipal
-
-
-
15 735
national
-
-
-
24 382
pensions
-
-
-
17 460
total
-
-
-
59 141
Employee
77 807
-
125 783
-
pensions
3 112
-
5 031
-
national
14 892
-
25 255
-
municipal
9 610
-
16 298
-
total
27 614
-
46 584
-
Employer
77 807
-
125 783
-
pensions
6 225
-
10 063
-
social contributions
836
-
1 352
-
total
7 061
-
11 415
-
Corporate
55 496
145 500
-
-
income

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

11 099
29 100
-
-
total
11 099
29 100
-
-
Dividends
44 397
116 400
-
-
withholding
9 767
25 608
-
-
total
9 767
25 608
-
-
Income
145 500
145 500
145 500
145 500
Total tax
55 541
54 708
57 999
59 141
After tax
89 959
90 792
87 501
86 359
Living cost
50 192
50 192
50 192
50 192
Free-cash
39 767
40 600
37 309
36 167

Estimated living cost  is ₽50192 per week

₽34115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26021
₽68330
₽87545
₽95703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
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.

-
-
-
38 115
income
-
-
-
23 565
microenterprise
-
-
-
-
surtax
-
-
-
37 103
total
-
-
-
98 783
Employee
29 068
-
103 681
-
income
5 174
-
20 092
-
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.

3 198
-
11 404
-
surtax
-
-
-
-
total
8 372
-
31 496
-
Employer
29 068
-
103 681
-
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.

7 002
-
24 978
-
surtax
-
-
-
-
total
7 002
-
24 978
-
Corporate
109 430
145 500
-
-
income

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

21 885
29 101
-
-
total
21 885
29 101
-
-
Dividends

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

87 544
116 399
-
-
total
-
-
-
-
Income
145 500
145 500
145 500
145 500
Total tax
37 259
29 101
56 474
98 783
After tax
108 241
116 399
89 026
46 717
Living cost
20 696
20 696
20 696
20 696
Free-cash
87 545
95 703
68 330
26 021

Estimated living cost  is ₽20696 per week

₽13203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40724
₽46006
₽23826
₽29920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
health
-
-
-
12 267
income
-
-
-
39 181
pensions
-
-
-
11 655
total
-
-
-
63 103
Employee
84 952
84 952
127 013
-
income

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

13 905
13 905
15 412
-
pensions
15 291
11 655
11 655
-
health
13 039
11 091
12 267
-
total
42 235
36 651
39 334
-
Employer
84 952
84 952
127 013
-
pensions
5 913
5 913
7 349
-
health
5 905
5 905
7 338
-
unemployment
3 058
3 058
3 800
-
total
14 876
14 876
18 487
-
Corporate
46 715
45 673
-
-
income
9 343
9 135
-
-
total
9 343
9 135
-
-
Dividends
37 372
36 537
-
-
withholding
5 605
5 480
-
-
income
7 942
7 765
-
-
total
13 547
13 245
-
-
Income
145 500
145 500
145 500
145 500
Total tax
80 001
73 907
57 821
63 103
After tax
65 499
71 593
87 679
82 397
Living cost
41 673
41 673
41 673
41 673
Free-cash
23 826
29 920
46 006
40 724

Estimated living cost  is ₽41673 per week

₽29533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37825
₽36896
₽40225
₽41085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
9 769
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
36 126
health
-
-
-
5 246
national
-
-
-
8 836
pensions
-
-
-
9 088
total
-
-
-
69 317
Employee
54 657
-
119 086
-
national
-
-
8 321
-
municipal
16 299
-
35 511
-
total
16 299
-
43 832
-
Employer
54 657
-
119 086
-
pensions
5 908
-
9 088
-
other
6 351
-
9 769
-
accident
109
-
168
-
health
3 361
-
5 170
-
unemployment
1 443
-
2 219
-
total
17 172
-
26 414
-
Corporate
73 670
145 500
-
-
income
16 207
32 010
-
-
total
16 207
32 010
-
-
Dividends
57 462
113 490
-
-
withholding
17 239
34 047
-
-
total
17 239
34 047
-
-
Income
145 500
145 500
145 500
145 500
Total tax
66 917
66 057
70 246
69 317
After tax
78 583
79 443
75 254
76 183
Living cost
38 358
38 358
38 358
38 358
Free-cash
40 225
41 085
36 896
37 825

Estimated living cost  is ₽38358 per week

₽25422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39327
₽55653
₽47581
₽33602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
trade
-
-
-
16 326
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.

-
-
-
6 796
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.

-
-
-
41 679
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.

-
-
-
2 292
total
-
-
-
67 093
Employee

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

50 448
-
145 500
-
surtax

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

238
-
2 292
-
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.

4 334
-
41 679
-
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.

6 796
-
6 796
-
total
11 368
-
50 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 052
145 500
-
-
trade
15 637
23 936
-
-
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.

783
1 201
-
-
income
14 259
21 825
-
-
chamber of commerce
287
359
-
-
total
30 966
47 321
-
-
Dividends
64 086
98 180
-
-
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.

861
1 329
-
-
withholding
15 644
24 168
-
-
total
16 505
25 497
-
-
Income
145 500
145 500
145 500
145 500
Total tax
58 839
72 818
50 767
67 093
After tax
86 661
72 682
94 733
78 407
Living cost
39 080
39 080
39 080
39 080
Free-cash
47 581
33 602
55 653
39 327

Estimated living cost  is ₽39080 per week

₽26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68672
₽67312
₽69849
₽73974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
16 095
health
-
-
-
3 710
income
-
-
-
24 757
total
-
-
-
44 562
Employee
76 495
76 495
134 449
-
income
8 033
7 081
24 022
-
social contributions
3 717
6 349
8 563
-
health
761
1 301
2 286
-
total
12 511
14 731
34 871
-
Employer
76 495
76 495
134 449
-
health
829
1 416
2 488
-
social contributions
3 717
6 349
8 563
-
total
4 546
7 765
11 051
-
Corporate
96 177
61 240
-
-
income
12 022
7 655
-
-
total
12 022
7 655
-
-
Dividends
84 156
53 585
-
-
withholding
14 306
9 109
-
-
total
14 306
9 109
-
-
Income
145 500
145 500
145 500
145 500
Total tax
43 385
39 260
45 922
44 562
After tax
102 115
106 240
99 578
100 938
Living cost
32 266
32 266
32 266
32 266
Free-cash
69 849
73 974
67 312
68 672

Estimated living cost  is ₽32266 per week

₽22057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82502
₽66054
₽63890
₽63507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
unemployment
-
-
-
2 183
health
-
-
-
10 185
income
-
-
-
17 787
pensions
-
-
-
14 550
total
-
-
-
44 705
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.

26 407
10 509
121 757
-
income
3 228
1 285
14 885
-
pensions
2 641
1 051
12 176
-
unemployment
396
158
1 826
-
health
1 848
736
8 523
-
total
8 113
3 230
37 410
-
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.

26 407
10 509
121 757
-
pensions
5 149
2 049
23 743
-
total
5 149
2 049
23 743
-
Corporate
113 944
132 941
-
-
income
10 255
11 965
-
-
total
10 255
11 965
-
-
Dividends
103 689
120 977
-
-
social contributions
20 099
23 470
-
-
withholding
19 701
22 986
-
-
total
39 800
46 456
-
-
Income
145 500
145 500
145 500
145 500
Total tax
63 317
63 700
61 153
44 705
After tax
82 183
81 800
84 347
100 795
Living cost
18 293
18 293
18 293
18 293
Free-cash
63 890
63 507
66 054
82 502

Estimated living cost  is ₽18293 per week

₽12483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53958
₽59836
₽86193
₽92371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
health
-
-
-
18 916
income
-
-
-
19 497
pensions
-
-
-
29 101
total
-
-
-
67 514
Employee
28 221
-
108 742
-
income
3 177
-
20 966
-
pensions
564
-
2 175
-
unemployment
451
-
1 741
-
total
4 192
-
24 882
-
Employer
28 221
-
108 742
-
pensions
5 645
-
21 748
-
health
3 668
-
14 136
-
unemployment
227
-
870
-
total
9 540
-
36 754
-
Corporate
107 740
145 500
-
-
income
21 547
29 101
-
-
total
21 547
29 101
-
-
Dividends
86 193
116 399
-
-
total
-
-
-
-
Income
145 500
145 500
145 500
145 500
Total tax
35 279
29 101
61 636
67 514
After tax
110 221
116 399
83 864
77 986
Living cost
24 028
24 028
24 028
24 028
Free-cash
86 193
92 371
59 836
53 958

Estimated living cost  is ₽24028 per week

₽16481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77705
₽56128
₽8431
-₽10081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
39 007
pensions
-
-
-
4 135
total
-
-
-
45 929
Employee
34 396
-
129 226
-
income
4 719
-
28 853
-
pensions
3 873
-
7 583
-
health
3 938
-
14 796
-
total
12 530
-
51 232
-
Employer
34 396
-
129 226
-
pensions
5 593
-
10 950
-
accident
574
-
2 158
-
unemployment
843
-
3 166
-
total
7 010
-
16 274
-
Corporate
104 094
145 500
-
-
income

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

93 685
130 950
-
-
total
93 685
130 950
-
-
Dividends
10 409
14 550
-
-
withholding
1 978
2 765
-
-
total
1 978
2 765
-
-
Income
145 500
145 500
145 500
145 500
Total tax
115 203
133 715
67 506
45 929
After tax
30 297
11 785
77 994
99 571
Living cost
21 866
21 866
21 866
21 866
Free-cash
8 431
-10 081
56 128
77 705

Estimated living cost  is ₽21866 per week

₽16026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135085
₽107440
₽127585
₽129265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
145 500
microenterprise

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

-
-
-
1 455
total
-
-
-
1 455
Employee
11 199
-
145 500
-
income
2 240
-
29 100
-
total
2 240
-
29 100
-
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%.

134 301
145 500
-
-
total
-
-
-
-
Dividends
134 301
145 500
-
-
withholding
6 715
7 275
-
-
total
6 715
7 275
-
-
Income
145 500
145 500
145 500
145 500
Total tax
8 955
7 275
29 100
1 455
After tax
136 545
138 225
116 400
144 045
Living cost
8 960
8 960
8 960
8 960
Free-cash
127 585
129 265
107 440
135 085

Estimated living cost  is ₽8960 per week

₽5552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50654
₽56670
₽73672
₽80393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
6 911
health
-
-
-
6 402
income
-
-
-
20 107
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.

-
-
-
34 919
total
-
-
-
68 339
Employee
36 120
-
116 214
-
income
6 218
-
22 112
-
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.

2 528
-
8 135
-
unemployment
361
-
1 163
-
health
506
-
1 627
-
total
9 613
-
33 037
-
Employer
36 120
-
116 214
-
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.

6 141
-
19 756
-
other
1 807
-
5 811
-
accident
289
-
929
-
health
506
-
1 627
-
unemployment
361
-
1 163
-
total
9 104
-
29 286
-
Corporate
100 277
145 500
-
-
income
21 059
30 554
-
-
total
21 059
30 554
-
-
Dividends
79 218
114 946
-
-
withholding
5 545
8 046
-
-
total
5 545
8 046
-
-
Income
145 500
145 500
145 500
145 500
Total tax
45 321
38 600
62 323
68 339
After tax
100 179
106 900
83 177
77 161
Living cost
26 507
26 507
26 507
26 507
Free-cash
73 672
80 393
56 670
50 654

Estimated living cost  is ₽26507 per week

₽18729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
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.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31983
₽18646
₽28517
₽31736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
income
-
-
-
38 356
pensions
-
-
-
8 377
total
-
-
-
46 733
Employee
94 489
-
127 383
-
income
17 033
-
29 463
-
pensions
9 116
-
10 526
-
health
1 557
-
1 964
-
total
27 706
-
41 953
-
Employer
94 489
-
127 383
-
pensions
11 156
-
15 696
-
health
1 795
-
2 421
-
total
12 951
-
18 117
-
Corporate
38 060
145 500
-
-
income

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

7 231
27 646
-
-
total
7 231
27 646
-
-
Dividends
30 829
117 854
-
-
withholding
2 311
19 334
-
-
total
2 311
19 334
-
-
Income
145 500
145 500
145 500
145 500
Total tax
50 199
46 980
60 070
46 733
After tax
95 301
98 520
85 430
98 767
Living cost
66 784
66 784
66 784
66 784
Free-cash
28 517
31 736
18 646
31 983

Estimated living cost  is ₽66784 per week

₽50043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101378
₽106765
₽106757
₽111373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
21 825
pensions

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

-
-
-
5 137
total
-
-
-
31 093
Employee
17 253
-
138 690
-
income
1 725
-
13 869
-
pensions

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

1 515
-
3 048
-
health
794
-
1 597
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 224
-
18 896
-
Employer
17 253
-
138 690
-
pensions

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

1 901
-
3 825
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
health
1 191
-
2 395
-
unemployment
103
-
208
-
total
3 385
-
6 810
-
Corporate
124 862
145 500
-
-
income
12 487
14 550
-
-
total
12 487
14 550
-
-
Dividends
112 376
130 950
-
-
withholding
5 618
6 548
-
-
total
5 618
6 548
-
-
Income
145 500
145 500
145 500
145 500
Total tax
25 714
21 098
25 706
31 093
After tax
119 786
124 402
119 794
114 407
Living cost
13 029
13 029
13 029
13 029
Free-cash
106 757
111 373
106 765
101 378

Estimated living cost  is ₽13029 per week

₽7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27234
₽32516
₽18931
₽16430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
health
-
-
-
12 267
income
-
-
-
39 181
pensions
-
-
-
11 655
total
-
-
-
63 103
Employee
92 230
84 952
127 013
-
income

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

13 905
13 905
15 412
-
pensions
11 655
11 655
11 655
-
health
11 506
11 091
12 267
-
total
37 066
36 651
39 334
-
Employer
92 230
84 952
127 013
-
pensions
6 419
5 913
7 349
-
health
6 409
5 905
7 338
-
unemployment
3 321
3 058
3 800
-
total
16 149
14 876
18 487
-
Corporate
37 122
45 673
-
-
income
7 425
9 135
-
-
total
7 425
9 135
-
-
Dividends
29 697
36 537
-
-
withholding
4 455
5 480
-
-
income
6 311
7 765
-
-
total
10 766
13 245
-
-
Income
145 500
145 500
145 500
145 500
Total tax
71 406
73 907
57 821
63 103
After tax
74 094
71 593
87 679
82 397
Living cost
55 163
55 163
55 163
55 163
Free-cash
18 931
16 430
32 516
27 234

Estimated living cost  is ₽55163 per week

₽40692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53525
₽49791
₽67556
₽76133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
34 599
health
-
-
-
19 643
income
-
-
-
13 689
solidarity contribution
-
-
-
-
total
-
-
-
67 931
Employee
35 360
-
108 582
-
income
4 243
-
13 030
-
solidarity contribution
-
-
-
-
social contributions
2 298
-
7 058
-
health
4 774
-
14 659
-
total
11 315
-
34 747
-
Employer
35 360
-
108 582
-
health
3 182
-
9 772
-
social contributions
8 840
-
27 146
-
total
12 022
-
36 918
-
Corporate
98 118
145 500
-
-
income
18 642
27 645
-
-
total
18 642
27 645
-
-
Dividends
79 476
117 855
-
-
withholding
11 921
17 678
-
-
total
11 921
17 678
-
-
Income
145 500
145 500
145 500
145 500
Total tax
53 900
45 323
71 665
67 931
After tax
91 600
100 177
73 835
77 569
Living cost
24 044
24 044
24 044
24 044
Free-cash
67 556
76 133
49 791
53 525

Estimated living cost  is ₽24044 per week

₽16702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽29299
₽22504
₽30459
₽35652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
37 422
municipal
-
-
-
865
national
-
-
-
34 251
regional
-
-
-
1 686
total
-
-
-
74 224
Employee
88 411
-
145 500
-
national
15 320
-
29 699
-
social contributions
29 812
-
49 062
-
municipal
468
-
772
-
regional
834
-
1 486
-
total
46 434
-
81 019
-
Employer
88 411
-
145 500
-
total
-
-
-
-
Corporate
57 089
145 500
-
-
nationa
13 702
34 921
-
-
municipal
2 226
5 675
-
-
total
15 928
40 596
-
-
Dividends
41 161
104 904
-
-
withholding
10 702
27 275
-
-
total
10 702
27 275
-
-
Income
145 500
145 500
145 500
145 500
Total tax
73 064
67 871
81 019
74 224
After tax
72 436
77 629
64 481
71 276
Living cost
41 977
41 977
41 977
41 977
Free-cash
30 459
35 652
22 504
29 299

Estimated living cost  is ₽41977 per week

₽29261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47093
₽43031
₽66470
₽69568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 426
income
-
-
-
35 211
surtax
-
-
-
5 037
pensions
-
-
-
26 554
total
-
-
-
76 455
Employee
32 897
-
120 200
-
income
5 514
-
31 368
-
pensions
2 194
-
8 018
-
unemployment
2 290
-
8 367
-
health
840
-
3 066
-
other
-
-
-
-
surtax
108
-
4 397
-
total
10 946
-
55 216
-
Employer
32 897
-
120 200
-
pensions
4 385
-
16 022
-
other
-
-
-
-
health
1 497
-
5 469
-
unemployment
1 042
-
3 810
-
total
6 924
-
25 301
-
Corporate
105 678
145 500
-
-
income
27 477
37 830
-
-
total
27 477
37 830
-
-
Dividends
78 201
107 670
-
-
withholding
11 731
16 150
-
-
total
11 731
16 150
-
-
Income
145 500
145 500
145 500
145 500
Total tax
57 078
53 980
80 517
76 455
After tax
88 422
91 520
64 983
69 045
Living cost
21 952
21 952
21 952
21 952
Free-cash
66 470
69 568
43 031
47 093

Estimated living cost  is ₽21952 per week

₽13422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53142
₽39805
₽55535
₽52895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
income
-
-
-
38 356
pensions
-
-
-
8 377
total
-
-
-
46 733
Employee
63 324
-
127 383
-
income
11 405
-
29 463
-
pensions
5 375
-
10 526
-
health
919
-
1 964
-
total
17 699
-
41 953
-
Employer
63 324
-
127 383
-
pensions
6 855
-
15 696
-
health
1 203
-
2 421
-
total
8 058
-
18 117
-
Corporate
74 118
145 500
-
-
income

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

14 081
27 646
-
-
total
14 081
27 646
-
-
Dividends
60 036
117 854
-
-
withholding
4 502
19 334
-
-
total
4 502
19 334
-
-
Income
145 500
145 500
145 500
145 500
Total tax
44 340
46 980
60 070
46 733
After tax
101 160
98 520
85 430
98 767
Living cost
45 625
45 625
45 625
45 625
Free-cash
55 535
52 895
39 805
53 142

Estimated living cost  is ₽45625 per week

₽34182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43798
₽36723
₽23470
-₽8735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
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.

-
-
-
2 909
health
-
-
-
327
city
-
-
-
1 533
national
-
-
-
1 785
regional
-
-
-
6 493
pensions
-
-
-
13 387
total
-
-
-
26 434
Employee
88 083
-
130 230
-
pensions
7 400
-
10 940
-
national
417
-
1 448
-
unemployment
-
-
-
-
city
945
-
1 400
-
health
199
-
294
-
regional
2 884
-
5 589
-
total
11 845
-
19 671
-
Employer
88 083
-
130 230
-
pensions
7 400
-
10 940
-
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.

1 761
-
2 604
-
health
199
-
294
-
unemployment
-
-
-
-
total
9 360
-
13 838
-
Corporate
47 089
145 500
-
-
regional
9 960
30 774
-
-
national
4 002
12 368
-
-
total
13 962
43 142
-
-
Dividends
33 127
102 358
-
-
withholding
11 595
35 825
-
-
total
11 595
35 825
-
-
Income
145 500
145 500
145 500
145 500
Total tax
46 762
78 967
33 509
26 434
After tax
98 738
66 533
111 991
119 066
Living cost
75 268
75 268
75 268
75 268
Free-cash
23 470
-8 735
36 723
43 798

Estimated living cost  is ₽75268 per week

₽48946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32140
₽49161
₽42495
₽26365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
trade
-
-
-
17 021
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.

-
-
-
6 796
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.

-
-
-
41 679
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.

-
-
-
2 292
total
-
-
-
67 788
Employee

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

59 785
-
145 500
-
surtax

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

387
-
2 292
-
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.

7 030
-
41 679
-
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.

6 796
-
6 796
-
total
14 213
-
50 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 715
145 500
-
-
trade
14 700
24 953
-
-
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.

708
1 201
-
-
income
12 858
21 825
-
-
chamber of commerce
272
355
-
-
total
28 538
48 334
-
-
Dividends
57 177
97 166
-
-
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.

765
1 316
-
-
withholding
13 917
23 913
-
-
total
14 682
25 229
-
-
Income
145 500
145 500
145 500
145 500
Total tax
57 433
73 563
50 767
67 788
After tax
88 067
71 937
94 733
77 712
Living cost
45 572
45 572
45 572
45 572
Free-cash
42 495
26 365
49 161
32 140

Estimated living cost  is ₽45572 per week

₽33284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48440
₽49253
₽45172
₽39298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
4 510
social contributions
-
-
-
4 146
health
-
-
-
5 224
income
-
-
-
20 367
surtax
-
-
-
-
pensions
-
-
-
28 778
total
-
-
-
63 025
Employee
42 576
-
114 404
-
income
2 513
-
20 648
-
pensions
4 814
-
7 210
-
social contributions
1 214
-
3 260
-
surtax
-
-
-
-
total
8 541
-
31 118
-
Employer
42 576
-
114 404
-
pensions
6 994
-
12 270
-
other
1 469
-
4 144
-
health
2 981
-
9 703
-
unemployment
1 724
-
4 633
-
social contributions
128
-
344
-
total
13 296
-
31 094
-
Corporate
89 628
145 500
-
-
surtax
-
-
-
-
income
25 097
40 741
-
-
total
25 097
40 741
-
-
Dividends
64 532
104 759
-
-
surtax
-
-
-
-
social contributions
11 100
18 017
-
-
withholding
8 259
13 409
-
-
total
19 359
31 426
-
-
Income
145 500
145 500
145 500
145 500
Total tax
66 293
72 167
62 212
63 025
After tax
79 207
73 333
83 288
82 475
Living cost
34 035
34 035
34 035
34 035
Free-cash
45 172
39 298
49 253
48 440

Estimated living cost  is ₽34035 per week

₽21461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
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.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51812
₽52625
₽48198
₽42670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
4 510
social contributions
-
-
-
4 146
health
-
-
-
5 224
income
-
-
-
20 367
surtax
-
-
-
-
pensions
-
-
-
28 778
total
-
-
-
63 025
Employee
38 005
-
114 404
-
income
1 960
-
20 648
-
pensions
4 299
-
7 210
-
social contributions
1 084
-
3 260
-
surtax
-
-
-
-
total
7 343
-
31 118
-
Employer
38 005
-
114 404
-
pensions
6 245
-
12 270
-
other
1 312
-
4 144
-
health
2 660
-
9 703
-
unemployment
1 539
-
4 633
-
social contributions
113
-
344
-
total
11 869
-
31 094
-
Corporate
95 626
145 500
-
-
surtax
-
-
-
-
income
26 775
40 741
-
-
total
26 775
40 741
-
-
Dividends
68 852
104 759
-
-
surtax
-
-
-
-
social contributions
11 840
18 017
-
-
withholding
8 812
13 409
-
-
total
20 652
31 426
-
-
Income
145 500
145 500
145 500
145 500
Total tax
66 639
72 167
62 212
63 025
After tax
78 861
73 333
83 288
82 475
Living cost
30 663
30 663
30 663
30 663
Free-cash
48 198
42 670
52 625
51 812

Estimated living cost  is ₽30663 per week

₽17783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72346
₽70218
₽68191
₽67673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
20 079
health
-
-
-
10 156
income
-
-
-
21 825
total
-
-
-
52 060
Employee
33 729
-
145 500
-
income
5 626
-
23 953
-
social contributions
4 655
-
20 079
-
health
2 354
-
10 156
-
total
12 635
-
54 188
-
Employer
33 729
-
145 500
-
total
-
-
-
-
Corporate
111 771
145 500
-
-
income

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

5 588
7 276
-
-
total
5 588
7 276
-
-
Dividends
106 183
138 224
-
-
social contributions
14 653
19 074
-
-
health
7 412
9 649
-
-
withholding
15 927
20 734
-
-
total
37 992
49 457
-
-
Income
145 500
145 500
145 500
145 500
Total tax
56 215
56 733
54 188
52 060
After tax
89 285
88 767
91 312
93 440
Living cost
21 094
21 094
21 094
21 094
Free-cash
68 191
67 673
70 218
72 346

Estimated living cost  is ₽21094 per week

₽14117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39289
₽3166
₽44200
₽45738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
chamber of commerce
-
-
-
581
unemployment
-
-
-
6 101
health
-
-
-
8 890
income
-
-
-
33 890
surtax
-
-
-
196
pensions
-
-
-
21 500
total
-
-
-
71 158
Employee
49 715
39 644
112 831
-
income
5 660
2 924
26 915
-
pensions
5 091
4 059
11 553
-
unemployment
1 491
1 189
3 385
-
health
1 924
1 535
4 367
-
other
496
396
1 129
-
total
14 662
10 103
47 349
-
Employer
49 715
39 644
112 831
-
pensions
6 239
4 976
14 160
-
other
2 362
1 882
5 359
-
accident
646
515
1 467
-
health
1 878
1 499
4 265
-
payroll
1 491
1 189
3 385
-
chamber of commerce
198
159
451
-
unemployment
1 491
1 189
3 385
-
surtax
196
196
196
-
total
14 501
11 605
32 668
-
Corporate
81 282
94 250
109 056
-
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.

20 320
23 562
27 264
-
total
20 320
23 562
27 264
-
Dividends
60 962
70 688
-
-
withholding
16 764
19 439
-
-
total
16 764
19 439
-
-
Income
145 500
145 500
145 500
145 500
Total tax
66 247
64 709
107 281
71 158
After tax
79 253
80 791
38 219
74 342
Living cost
35 053
35 053
35 053
35 053
Free-cash
44 200
45 738
3 166
39 289

Estimated living cost  is ₽35053 per week

₽23379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27503
₽16614
₽30242
₽45163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
22 786
communal

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

-
-
-
7 362
national
-
-
-
51 577
total
-
-
-
81 725
Employee

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

71 158
-
112 694
-
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.

5 337
-
8 452
-
national
21 877
-
39 202
-
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.

619
-
980
-
communal

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

3 711
-
5 879
-
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.

3 343
-
5 295
-
total
34 887
-
59 808
-
Employer

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

71 158
-
112 694
-
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.

6 305
-
9 985
-
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.

925
-
1 465
-
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.

4 376
-
6 930
-
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.

1 038
-
1 646
-
surtax
8 069
-
12 780
-
total
20 713
-
32 806
-
Corporate
53 629
145 500
-
-
surtax
215
581
-
-
income
10 727
29 101
-
-
total
10 942
29 682
-
-
Dividends
42 687
115 818
-
-
withholding

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

12 444
34 383
-
-
total
12 444
34 383
-
-
Income
145 500
145 500
145 500
145 500
Total tax
78 986
64 065
92 614
81 725
After tax
66 514
81 435
52 886
63 775
Living cost
36 272
36 272
36 272
36 272
Free-cash
30 242
45 163
16 614
27 503

Estimated living cost  is ₽36272 per week

₽23364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46061
₽41645
₽54078
₽61418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
35 850
pensions
-
-
-
26 093
total
-
-
-
63 513
Employee
49 518
-
116 105
-
income
10 448
-
32 677
-
pensions
2 328
-
4 334
-
unemployment
768
-
1 429
-
other
49
-
93
-
total
13 593
-
38 533
-
Employer
49 518
-
116 105
-
pensions
11 686
-
21 761
-
other
395
-
738
-
accident
980
-
1 826
-
unemployment
2 724
-
5 071
-
total
15 785
-
29 396
-
Corporate
80 198
145 500
-
-
income

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

12 029
21 825
-
-
total
12 029
21 825
-
-
Dividends
68 168
123 675
-
-
withholding
14 089
26 331
-
-
total
14 089
26 331
-
-
Income
145 500
145 500
145 500
145 500
Total tax
55 496
48 156
67 929
63 513
After tax
90 004
97 344
77 571
81 987
Living cost
35 926
35 926
35 926
35 926
Free-cash
54 078
61 418
41 645
46 061

Estimated living cost  is ₽35926 per week

₽26456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽6403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21205
₽27004
₽21517
₽32663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
accident
-
-
-
1 227
health
-
-
-
10 223
income
-
-
-
20 567
communal
-
-
-
9 196
surtax
-
-
-
7 213
pensions
-
-
-
21 808
total
-
-
-
70 234
Employee
75 335
-
129 967
-
income
7 277
-
24 756
-
pensions
6 026
-
10 398
-
health
3 353
-
5 784
-
surtax
4 618
-
7 965
-
total
21 274
-
48 903
-
Employer
75 335
-
129 967
-
pensions
6 026
-
10 398
-
accident
678
-
1 170
-
health
2 297
-
3 964
-
total
9 001
-
15 532
-
Corporate
61 164
145 500
-
-
communal
4 129
9 820
-
-
surtax
642
1 527
-
-
income
9 175
21 825
-
-
total
13 946
33 172
-
-
Dividends
47 219
112 327
-
-
withholding
7 083
16 849
-
-
income
18 618
8 755
-
-
total
25 701
25 604
-
-
Income
145 500
145 500
145 500
145 500
Total tax
69 922
58 776
64 435
70 234
After tax
75 578
86 724
81 065
75 266
Living cost
54 061
54 061
54 061
54 061
Free-cash
21 517
32 663
27 004
21 205

Estimated living cost  is ₽54061 per week

₽40554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46701
₽42639
₽66011
₽69176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 426
income
-
-
-
35 211
surtax
-
-
-
5 037
pensions
-
-
-
26 554
total
-
-
-
76 455
Employee
33 501
-
120 200
-
income
5 616
-
31 368
-
pensions
2 235
-
8 018
-
unemployment
2 331
-
8 367
-
health
855
-
3 066
-
other
-
-
-
-
surtax
119
-
4 397
-
total
11 156
-
55 216
-
Employer
33 501
-
120 200
-
pensions
4 467
-
16 022
-
other
-
-
-
-
health
1 523
-
5 469
-
unemployment
1 063
-
3 810
-
total
7 053
-
25 301
-
Corporate
104 946
145 500
-
-
income
27 286
37 830
-
-
total
27 286
37 830
-
-
Dividends
77 660
107 670
-
-
withholding
11 650
16 150
-
-
total
11 650
16 150
-
-
Income
145 500
145 500
145 500
145 500
Total tax
57 145
53 980
80 517
76 455
After tax
88 355
91 520
64 983
69 045
Living cost
22 344
22 344
22 344
22 344
Free-cash
66 011
69 176
42 639
46 701

Estimated living cost  is ₽22344 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43969
₽37211
₽47472
₽49678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
37 422
municipal
-
-
-
865
national
-
-
-
34 251
regional
-
-
-
2 195
total
-
-
-
74 733
Employee
55 183
-
145 500
-
national
8 742
-
29 699
-
social contributions
18 608
-
49 062
-
municipal
293
-
772
-
regional
743
-
1 958
-
total
28 386
-
81 491
-
Employer
55 183
-
145 500
-
total
-
-
-
-
Corporate
90 317
145 500
-
-
nationa
21 676
34 921
-
-
municipal
4 489
7 232
-
-
total
26 165
42 153
-
-
Dividends
64 152
103 347
-
-
withholding
16 679
26 871
-
-
total
16 679
26 871
-
-
Income
145 500
145 500
145 500
145 500
Total tax
71 230
69 024
81 491
74 733
After tax
74 270
76 476
64 009
70 767
Living cost
26 798
26 798
26 798
26 798
Free-cash
47 472
49 678
37 211
43 969

Estimated living cost  is ₽26798 per week

₽16666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47940
₽44206
₽59978
₽70548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
34 599
health
-
-
-
19 643
income
-
-
-
13 689
solidarity contribution
-
-
-
-
total
-
-
-
67 931
Employee
43 572
-
108 582
-
income
5 229
-
13 030
-
solidarity contribution
-
-
-
-
social contributions
2 832
-
7 058
-
health
5 882
-
14 659
-
total
13 943
-
34 747
-
Employer
43 572
-
108 582
-
health
3 921
-
9 772
-
social contributions
10 893
-
27 146
-
total
14 814
-
36 918
-
Corporate
87 113
145 500
-
-
income
16 552
27 645
-
-
total
16 552
27 645
-
-
Dividends
70 562
117 855
-
-
withholding
10 584
17 678
-
-
total
10 584
17 678
-
-
Income
145 500
145 500
145 500
145 500
Total tax
55 893
45 323
71 665
67 931
After tax
89 607
100 177
73 835
77 569
Living cost
29 629
29 629
29 629
29 629
Free-cash
59 978
70 548
44 206
47 940

Estimated living cost  is ₽29629 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42800
₽6519
₽48669
₽49159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
chamber of commerce
-
-
-
581
unemployment
-
-
-
6 101
health
-
-
-
8 890
income
-
-
-
33 890
surtax
-
-
-
-
pensions
-
-
-
21 500
total
-
-
-
70 962
Employee
43 485
39 644
112 982
-
income
3 874
2 924
26 967
-
pensions
4 453
4 059
11 569
-
unemployment
1 304
1 189
3 389
-
health
1 682
1 535
4 372
-
other
434
396
1 129
-
total
11 747
10 103
47 426
-
Employer
43 485
39 644
112 982
-
pensions
5 458
4 976
14 179
-
other
2 065
1 882
5 367
-
accident
564
515
1 469
-
health
1 644
1 499
4 270
-
payroll
1 304
1 189
3 389
-
chamber of commerce
174
159
451
-
unemployment
1 304
1 189
3 389
-
surtax
-
-
-
-
total
12 513
11 409
32 514
-
Corporate
89 500
94 446
109 211
-
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.

22 374
23 611
27 303
-
total
22 374
23 611
27 303
-
Dividends
67 126
70 835
-
-
withholding
18 459
19 480
-
-
total
18 459
19 480
-
-
Income
145 500
145 500
145 500
145 500
Total tax
65 093
64 603
107 243
70 962
After tax
80 407
80 897
38 257
74 538
Living cost
31 738
31 738
31 738
31 738
Free-cash
48 669
49 159
6 519
42 800

Estimated living cost  is ₽31738 per week

₽19039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130083
₽102438
₽121644
₽124263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
145 500
microenterprise

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

-
-
-
1 455
total
-
-
-
1 455
Employee
17 453
-
145 500
-
income
3 491
-
29 100
-
total
3 491
-
29 100
-
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%.

128 047
145 500
-
-
total
-
-
-
-
Dividends
128 047
145 500
-
-
withholding
6 403
7 275
-
-
total
6 403
7 275
-
-
Income
145 500
145 500
145 500
145 500
Total tax
9 894
7 275
29 100
1 455
After tax
135 606
138 225
116 400
144 045
Living cost
13 962
13 962
13 962
13 962
Free-cash
121 644
124 263
102 438
130 083

Estimated living cost  is ₽13962 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45888
₽42033
₽65174
₽73495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
unemployment
-
-
-
219
health
-
-
-
14 317
income
-
-
-
31 820
pensions
-
-
-
26 573
total
-
-
-
72 929
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.

43 990
-
125 897
-
income
7 586
-
29 357
-
pensions
6 819
-
19 514
-
unemployment
62
-
176
-
health
2 841
-
8 133
-
total
17 308
-
57 180
-
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.

43 990
-
125 897
-
pensions
3 893
-
11 142
-
health
2 930
-
8 386
-
unemployment
26
-
76
-
total
6 849
-
19 604
-
Corporate
94 661
145 500
-
-
income
17 985
27 645
-
-
total
17 985
27 645
-
-
Dividends
76 676
117 855
-
-
withholding
11 501
17 677
-
-
total
11 501
17 677
-
-
Income
145 500
145 500
145 500
145 500
Total tax
53 643
45 322
76 784
72 929
After tax
91 857
100 178
68 716
72 571
Living cost
26 683
26 683
26 683
26 683
Free-cash
65 174
73 495
42 033
45 888

Estimated living cost  is ₽26683 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
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.
₽6145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57409
₽89203
-₽3586
₽45379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
16 587
income
-
-
-
28 361
total
-
-
-
44 948
Employee
61 862
-
-
-
income
13 645
-
-
-
social contributions
5 073
-
723
-
total
18 718
-
723
-
Employer
61 862
-
-
-
social contributions
87 225
-
12 431
-
total
87 225
-
12 431
-
Corporate
-
145 500
-
-
income
-
32 010
-
-
total
-
32 010
-
-
Dividends
-
113 490
-
-
income
-
24 968
-
-
total
-
24 968
-
-
Income
145 500
145 500
145 500
145 500
Total tax
105 943
56 978
13 154
44 948
After tax
39 557
88 522
132 346
100 552
Living cost
43 143
43 143
43 143
43 143
Free-cash
-3 586
45 379
89 203
57 409

Estimated living cost  is ₽43143 per week

₽27993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47746
₽37595
₽50555
₽51557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
social contributions

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

-
-
-
50 561
income
-
-
-
15 989
surtax
-
-
-
-
total
-
-
-
66 550
Employee
45 753
-
117 575
-
income
9 517
-
35 843
-
social contributions
5 033
-
12 933
-
surtax
-
-
-
-
total
14 550
-
48 776
-
Employer
45 753
-
117 575
-
social contributions
10 866
-
27 925
-
total
10 866
-
27 925
-
Corporate
88 881
145 500
-
-
surtax
-
-
-
-
income
18 665
30 554
-
-
total
18 665
30 554
-
-
Dividends
70 216
114 946
-
-
withholding
19 660
32 185
-
-
total
19 660
32 185
-
-
Income
145 500
145 500
145 500
145 500
Total tax
63 741
62 739
76 701
66 550
After tax
81 759
82 761
68 799
78 950
Living cost
31 204
31 204
31 204
31 204
Free-cash
50 555
51 557
37 595
47 746

Estimated living cost  is ₽31204 per week

₽23347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
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.
₽5495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34428
₽35241
₽32124
₽25286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
4 510
social contributions
-
-
-
4 146
health
-
-
-
5 224
income
-
-
-
20 367
surtax
-
-
-
-
pensions
-
-
-
28 778
total
-
-
-
63 025
Employee
62 306
-
114 404
-
income
5 436
-
20 648
-
pensions
7 047
-
7 210
-
social contributions
1 775
-
3 260
-
surtax
-
-
-
-
total
14 258
-
31 118
-
Employer
62 306
-
114 404
-
pensions
10 238
-
12 270
-
other
2 150
-
4 144
-
health
4 361
-
9 703
-
unemployment
2 524
-
4 633
-
social contributions
187
-
344
-
total
19 460
-
31 094
-
Corporate
63 734
145 500
-
-
surtax
-
-
-
-
income
17 845
40 741
-
-
total
17 845
40 741
-
-
Dividends
45 889
104 759
-
-
surtax
-
-
-
-
social contributions
7 893
18 017
-
-
withholding
5 873
13 409
-
-
total
13 766
31 426
-
-
Income
145 500
145 500
145 500
145 500
Total tax
65 329
72 167
62 212
63 025
After tax
80 171
73 333
83 288
82 475
Living cost
48 047
48 047
48 047
48 047
Free-cash
32 124
25 286
35 241
34 428

Estimated living cost  is ₽48047 per week

₽32518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78278
₽82145
₽97705
₽101048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
32 010
income
-
-
-
5 309
total
-
-
-
37 319
Employee
31 982
-
125 974
-
social contributions
2 078
-
8 189
-
income
-
-
5 737
-
total
2 078
-
13 926
-
Employer
31 982
-
125 974
-
social contributions
4 957
-
19 526
-
total
4 957
-
19 526
-
Corporate
108 561
145 500
-
-
income
10 857
14 549
-
-
total
10 857
14 549
-
-
Dividends
97 704
130 951
-
-
total
-
-
-
-
Income
145 500
145 500
145 500
145 500
Total tax
17 892
14 549
33 452
37 319
After tax
127 608
130 951
112 048
108 181
Living cost
29 903
29 903
29 903
29 903
Free-cash
97 705
101 048
82 145
78 278

Estimated living cost  is ₽29903 per week

₽19335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39608
-₽71313
-₽71313
-₽71313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
municipal
-
-
-
29 424
national
-
-
-
16 109
labour market
-
-
-
11 571
pensions
-
-
-
863
total
-
-
-
57 967
Employee
202 279
202 279
202 279
-
labour market
16 159
16 159
16 159
-
pensions
288
288
288
-
national
24 712
24 712
24 712
-
municipal
43 074
43 074
43 074
-
total
84 233
84 233
84 233
-
Employer
202 279
202 279
202 279
-
pensions
575
575
575
-
municipal
43 143
43 143
43 143
-
national
24 755
24 755
24 755
-
labour market
16 182
16 182
16 182
-
total
84 655
84 655
84 655
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
145 500
145 500
145 500
145 500
Total tax
168 888
168 888
168 888
57 967
After tax
-23 388
-23 388
-23 388
87 533
Living cost
47 925
47 925
47 925
47 925
Free-cash
-71 313
-71 313
-71 313
39 608

Estimated living cost  is ₽47925 per week

₽32800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78028
₽56451
₽8482
-₽9758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
39 007
pensions
-
-
-
4 135
total
-
-
-
45 929
Employee
33 889
-
129 226
-
income
4 649
-
28 853
-
pensions
3 816
-
7 583
-
health
3 881
-
14 796
-
total
12 346
-
51 232
-
Employer
33 889
-
129 226
-
pensions
5 510
-
10 950
-
accident
566
-
2 158
-
unemployment
830
-
3 166
-
total
6 906
-
16 274
-
Corporate
104 704
145 500
-
-
income

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

94 234
130 950
-
-
total
94 234
130 950
-
-
Dividends
10 470
14 550
-
-
withholding
1 989
2 765
-
-
total
1 989
2 765
-
-
Income
145 500
145 500
145 500
145 500
Total tax
115 475
133 715
67 506
45 929
After tax
30 025
11 785
77 994
99 571
Living cost
21 543
21 543
21 543
21 543
Free-cash
8 482
-9 758
56 451
78 028

Estimated living cost  is ₽21543 per week

₽15681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59973
₽40023
₽56614
₽54826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
145 500
municipal
-
-
-
25 861
health
-
-
-
1 826
national
-
-
-
19 647
total
-
-
-
47 334
Employee
52 338
-
122 403
-
pensions
3 532
-
8 263
-
national
865
-
12 667
-
municipal
8 573
-
19 950
-
unemployment
785
-
1 837
-
health
391
-
1 471
-
total
14 146
-
44 188
-
Employer
52 338
-
122 403
-
pensions
9 080
-
21 236
-
accident
53
-
123
-
health
402
-
942
-
unemployment
340
-
795
-
total
9 875
-
23 096
-
Corporate
83 287
145 500
-
-
income
16 658
29 101
-
-
total
16 658
29 101
-
-
Dividends

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

49 971
87 300
-
-
municipal
8 995
15 714
-
-
national
1 019
7 666
-
-
total
10 014
23 380
-
-
Income
145 500
145 500
145 500
145 500
Total tax
50 693
52 481
67 284
47 334
After tax
94 807
93 019
78 216
98 166
Living cost
38 193
38 193
38 193
38 193
Free-cash
56 614
54 826
40 023
59 973

Estimated living cost  is ₽38193 per week

₽24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77906
₽76546
₽77795
₽83208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
16 095
health
-
-
-
3 710
income
-
-
-
24 757
total
-
-
-
44 562
Employee
76 495
76 495
134 449
-
income
8 329
7 081
24 022
-
social contributions
2 892
6 349
8 563
-
health
593
1 301
2 286
-
total
11 814
14 731
34 871
-
Employer
76 495
76 495
134 449
-
health
644
1 416
2 488
-
social contributions
2 892
6 349
8 563
-
total
3 536
7 765
11 051
-
Corporate
107 118
61 240
-
-
income
13 390
7 655
-
-
total
13 390
7 655
-
-
Dividends
93 728
53 585
-
-
withholding
15 933
9 109
-
-
total
15 933
9 109
-
-
Income
145 500
145 500
145 500
145 500
Total tax
44 673
39 260
45 922
44 562
After tax
100 827
106 240
99 578
100 938
Living cost
23 032
23 032
23 032
23 032
Free-cash
77 795
83 208
76 546
77 906

Estimated living cost  is ₽23032 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105191
₽85238
₽99635
₽104694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
145 500
unemployment
-
-
-
28
health
-
-
-
3 600
income
-
-
-
14 559
pensions
-
-
-
6 328
total
-
-
-
24 515
Employee

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

22 834
-
135 778
-
income
1 561
-
12 092
-
pensions
3 424
-
14 159
-
unemployment
113
-
472
-
health
1 941
-
8 023
-
total
7 039
-
34 746
-
Employer

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

22 834
-
135 778
-
pensions
1 255
-
5 191
-
health
982
-
4 059
-
unemployment
113
-
472
-
total
2 350
-
9 722
-
Corporate
120 316
145 500
-
-
income
10 828
13 096
-
-
total
10 828
13 096
-
-
Dividends
109 487
132 404
-
-
withholding
9 854
11 916
-
-
total
9 854
11 916
-
-
Income
145 500
145 500
145 500
145 500
Total tax
30 071
25 012
44 468
24 515
After tax
115 429
120 488
101 032
120 985
Living cost
15 794
15 794
15 794
15 794
Free-cash
99 635
104 694
85 238
105 191

Estimated living cost  is ₽15794 per week

₽10077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54631
₽50215
₽65356
₽69988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
35 850
pensions
-
-
-
26 093
total
-
-
-
63 513
Employee
36 783
-
116 105
-
income
7 092
-
32 677
-
pensions
1 729
-
4 334
-
unemployment
570
-
1 429
-
other
36
-
93
-
total
9 427
-
38 533
-
Employer
36 783
-
116 105
-
pensions
8 680
-
21 761
-
other
294
-
738
-
accident
729
-
1 826
-
unemployment
2 024
-
5 071
-
total
11 727
-
29 396
-
Corporate
96 989
145 500
-
-
income

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

14 547
21 825
-
-
total
14 547
21 825
-
-
Dividends
82 442
123 675
-
-
withholding
17 087
26 331
-
-
total
17 087
26 331
-
-
Income
145 500
145 500
145 500
145 500
Total tax
52 788
48 156
67 929
63 513
After tax
92 712
97 344
77 571
81 987
Living cost
27 356
27 356
27 356
27 356
Free-cash
65 356
69 988
50 215
54 631

Estimated living cost  is ₽27356 per week

₽18465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
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.
₽5782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90260
₽90066
₽87626
₽88073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
health
-
-
-
1 438
income
-
-
-
49 100
pensions
-
-
-
1 983
total
-
-
-
52 521
Employee
4 141
-
143 269
-
income
801
-
48 996
-
pensions
373
-
893
-
unemployment
41
-
99
-
health
207
-
496
-
total
1 422
-
50 484
-
Employer
4 141
-
143 269
-
pensions
456
-
1 091
-
health
393
-
942
-
unemployment
83
-
198
-
total
932
-
2 231
-
Corporate
140 427
145 500
-
-
income
30 894
32 010
-
-
total
30 894
32 010
-
-
Dividends
109 533
113 490
-
-
withholding
21 907
22 698
-
-
total
21 907
22 698
-
-
Income
145 500
145 500
145 500
145 500
Total tax
55 155
54 708
52 715
52 521
After tax
90 345
90 792
92 785
92 979
Living cost
2 719
2 719
2 719
2 719
Free-cash
87 626
88 073
90 066
90 260

Estimated living cost  is ₽2719 per week

₽1616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68278
₽68279
₽83020
₽87917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
unemployment
-
-
-
1 103
health
-
-
-
7 574
income
-
-
-
32 219
pensions
-
-
-
19 119
total
-
-
-
60 015
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.

25 947
-
132 338
-
income
3 577
-
32 219
-
pensions
3 633
-
10 295
-
unemployment
195
-
551
-
health
1 336
-
3 787
-
total
8 741
-
46 852
-
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.

25 947
-
132 338
-
pensions
3 114
-
8 824
-
health
1 336
-
3 787
-
unemployment
195
-
551
-
total
4 645
-
13 162
-
Corporate
114 908
145 500
-
-
income
17 236
21 825
-
-
total
17 236
21 825
-
-
Dividends
97 672
123 675
-
-
withholding
14 651
18 551
-
-
total
14 651
18 551
-
-
Income
145 500
145 500
145 500
145 500
Total tax
45 273
40 376
60 014
60 015
After tax
100 227
105 124
85 486
85 485
Living cost
17 207
17 207
17 207
17 207
Free-cash
83 020
87 917
68 279
68 278

Estimated living cost  is ₽17207 per week

₽11586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52131
₽41980
₽55584
₽55942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
social contributions

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

-
-
-
50 561
income
-
-
-
15 989
surtax
-
-
-
-
total
-
-
-
66 550
Employee
38 610
-
117 575
-
income
7 544
-
35 843
-
social contributions
4 248
-
12 933
-
surtax
-
-
-
-
total
11 792
-
48 776
-
Employer
38 610
-
117 575
-
social contributions
9 169
-
27 925
-
total
9 169
-
27 925
-
Corporate
97 721
145 500
-
-
surtax
-
-
-
-
income
20 521
30 554
-
-
total
20 521
30 554
-
-
Dividends
77 200
114 946
-
-
withholding
21 615
32 185
-
-
total
21 615
32 185
-
-
Income
145 500
145 500
145 500
145 500
Total tax
63 097
62 739
76 701
66 550
After tax
82 403
82 761
68 799
78 950
Living cost
26 819
26 819
26 819
26 819
Free-cash
55 584
55 942
41 980
52 131

Estimated living cost  is ₽26819 per week

₽18995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47025
₽42609
₽55381
₽62382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
35 850
pensions
-
-
-
26 093
total
-
-
-
63 513
Employee
48 044
-
116 105
-
income
10 035
-
32 677
-
pensions
2 258
-
4 334
-
unemployment
744
-
1 429
-
other
47
-
93
-
total
13 084
-
38 533
-
Employer
48 044
-
116 105
-
pensions
11 338
-
21 761
-
other
385
-
738
-
accident
951
-
1 826
-
unemployment
2 643
-
5 071
-
total
15 317
-
29 396
-
Corporate
82 138
145 500
-
-
income

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

12 320
21 825
-
-
total
12 320
21 825
-
-
Dividends
69 818
123 675
-
-
withholding
14 436
26 331
-
-
total
14 436
26 331
-
-
Income
145 500
145 500
145 500
145 500
Total tax
55 157
48 156
67 929
63 513
After tax
90 343
97 344
77 571
81 987
Living cost
34 962
34 962
34 962
34 962
Free-cash
55 381
62 382
42 609
47 025

Estimated living cost  is ₽34962 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97312
₽102699
₽101252
₽107307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
21 825
pensions

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

-
-
-
5 137
total
-
-
-
31 093
Employee
22 636
-
138 690
-
income
2 264
-
13 869
-
pensions

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

1 987
-
3 048
-
health
1 041
-
1 597
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 541
-
18 896
-
Employer
22 636
-
138 690
-
pensions

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

2 494
-
3 825
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
health
1 562
-
2 395
-
unemployment
136
-
208
-
total
4 441
-
6 810
-
Corporate
118 423
145 500
-
-
income
11 842
14 550
-
-
total
11 842
14 550
-
-
Dividends
106 580
130 950
-
-
withholding
5 329
6 548
-
-
total
5 329
6 548
-
-
Income
145 500
145 500
145 500
145 500
Total tax
27 153
21 098
25 706
31 093
After tax
118 347
124 402
119 794
114 407
Living cost
17 095
17 095
17 095
17 095
Free-cash
101 252
107 307
102 699
97 312

Estimated living cost  is ₽17095 per week

₽11306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42085
₽56327
₽49536
₽36524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
trade
-
-
-
14 242
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.

-
-
-
6 796
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.

-
-
-
41 679
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.

-
-
-
2 292
total
-
-
-
65 009
Employee

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

49 497
-
145 500
-
surtax

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

225
-
2 292
-
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.

4 070
-
41 679
-
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.

6 796
-
6 796
-
total
11 091
-
50 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 003
145 500
-
-
trade
13 777
20 879
-
-
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.

793
1 201
-
-
income
14 400
21 825
-
-
chamber of commerce
293
364
-
-
total
29 263
44 269
-
-
Dividends
66 740
101 231
-
-
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.

897
1 371
-
-
withholding
16 307
24 930
-
-
total
17 204
26 301
-
-
Income
145 500
145 500
145 500
145 500
Total tax
57 558
70 570
50 767
65 009
After tax
87 942
74 930
94 733
80 491
Living cost
38 406
38 406
38 406
38 406
Free-cash
49 536
36 524
56 327
42 085

Estimated living cost  is ₽38406 per week

₽26494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23488
₽23488
₽47379
₽45182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
23 587
income
-
-
-
41 757
total
-
-
-
65 344
Employee
77 815
-
145 500
-
social contributions
6 465
-
23 587
-
income
14 683
-
41 757
-
total
21 148
-
65 344
-
Employer
77 815
-
145 500
-
total
-
-
-
-
Corporate
67 685
145 500
-
-
income
8 461
18 187
-
-
total
8 461
18 187
-
-
Dividends
59 224
127 313
-
-
withholding
11 844
25 463
-
-
total
11 844
25 463
-
-
Income
145 500
145 500
145 500
145 500
Total tax
41 453
43 650
65 344
65 344
After tax
104 047
101 850
80 156
80 156
Living cost
56 668
56 668
56 668
56 668
Free-cash
47 379
45 182
23 488
23 488

Estimated living cost  is ₽56668 per week

₽43112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74482
₽69156
₽56685
₽53207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
health

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

-
-
-
6 590
income
-
-
-
28 317
total
-
-
-
34 907
Employee
45 635
-
140 924
-
social contributions
4 572
-
4 576
-
income
4 952
-
31 081
-
total
9 524
-
35 657
-
Employer
45 635
-
140 924
-
social contributions
4 572
-
4 576
-
total
4 572
-
4 576
-
Corporate
95 292
145 500
-
-
income
33 352
50 926
-
-
total
33 352
50 926
-
-
Dividends
61 940
94 574
-
-
social contributions
5 256
5 256
-
-
total
5 256
5 256
-
-
Income
145 500
145 500
145 500
145 500
Total tax
52 704
56 182
40 233
34 907
After tax
92 796
89 318
105 267
110 593
Living cost
36 111
36 111
36 111
36 111
Free-cash
56 685
53 207
69 156
74 482

Estimated living cost  is ₽36111 per week

₽23786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2847
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.
₽8924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61675
₽48338
₽66288
₽61428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
income
-
-
-
38 356
pensions
-
-
-
8 377
total
-
-
-
46 733
Employee
50 914
-
127 383
-
income
9 272
-
29 463
-
pensions
3 886
-
10 526
-
health
664
-
1 964
-
total
13 822
-
41 953
-
Employer
50 914
-
127 383
-
pensions
5 144
-
15 696
-
health
968
-
2 421
-
total
6 112
-
18 117
-
Corporate
88 475
145 500
-
-
income

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

16 811
27 646
-
-
total
16 811
27 646
-
-
Dividends
71 664
117 854
-
-
withholding
5 375
19 334
-
-
total
5 375
19 334
-
-
Income
145 500
145 500
145 500
145 500
Total tax
42 120
46 980
60 070
46 733
After tax
103 380
98 520
85 430
98 767
Living cost
37 092
37 092
37 092
37 092
Free-cash
66 288
61 428
48 338
61 675

Estimated living cost  is ₽37092 per week

₽25445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75895
₽54318
₽8153
-₽11891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
39 007
pensions
-
-
-
4 135
total
-
-
-
45 929
Employee
37 244
-
129 226
-
income
5 110
-
28 853
-
pensions
4 194
-
7 583
-
health
4 264
-
14 796
-
total
13 568
-
51 232
-
Employer
37 244
-
129 226
-
pensions
6 056
-
10 950
-
accident
622
-
2 158
-
unemployment
912
-
3 166
-
total
7 590
-
16 274
-
Corporate
100 666
145 500
-
-
income

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

90 600
130 950
-
-
total
90 600
130 950
-
-
Dividends
10 066
14 550
-
-
withholding
1 913
2 765
-
-
total
1 913
2 765
-
-
Income
145 500
145 500
145 500
145 500
Total tax
113 671
133 715
67 506
45 929
After tax
31 829
11 785
77 994
99 571
Living cost
23 676
23 676
23 676
23 676
Free-cash
8 153
-11 891
54 318
75 895

Estimated living cost  is ₽23676 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68526
₽86695
₽104372
₽109020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
145 500
work injury
-
-
-
727
unemployment
-
-
-
1 746
income
-
-
-
23 544
health insurance
-
-
-
10 767
pensions
-
-
-
26 772
total
-
-
-
63 556
Employee

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

21 468
-
145 500
-
income
2 147
-
23 544
-
work injury
107
-
397
-
pensions
3 950
-
14 615
-
unemployment
258
-
953
-
health insurance
1 589
-
5 878
-
total
8 051
-
45 387
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 032
145 500
-
-
income

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

1 240
1 455
-
-
total
1 240
1 455
-
-
Dividends
122 791
144 045
-
-
withholding
18 419
21 607
-
-
total
18 419
21 607
-
-
Income
145 500
145 500
145 500
145 500
Total tax
27 710
23 062
45 387
63 556
After tax
117 790
122 438
100 113
81 944
Living cost
13 418
13 418
13 418
13 418
Free-cash
104 372
109 020
86 695
68 526

Estimated living cost  is ₽13418 per week

₽8312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29924
₽23369
₽32485
₽37008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
145 500
social contributions
-
-
-
37 422
municipal
-
-
-
972
national
-
-
-
34 251
regional
-
-
-
3 301
total
-
-
-
75 946
Employee
83 828
-
145 500
-
national
14 166
-
29 699
-
social contributions
28 266
-
49 062
-
municipal
500
-
868
-
regional
1 266
-
2 872
-
total
44 198
-
82 501
-
Employer
83 828
-
145 500
-
total
-
-
-
-
Corporate
61 672
145 500
-
-
nationa
14 800
34 921
-
-
municipal
2 973
7 013
-
-
total
17 773
41 934
-
-
Dividends
43 899
103 566
-
-
withholding
11 414
26 928
-
-
total
11 414
26 928
-
-
Income
145 500
145 500
145 500
145 500
Total tax
73 385
68 862
82 501
75 946
After tax
72 115
76 638
62 999
69 554
Living cost
39 630
39 630
39 630
39 630
Free-cash
32 485
37 008
23 369
29 924

Estimated living cost  is ₽39630 per week

₽27838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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