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
₽ 146000
per

Your estimated
City
free-cash

Dresden , Germany
₽42914
₽54154
₽48975
₽64529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
trade
-
-
-
15 554
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.

-
-
-
41 474
health

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

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

-
-
-
6 941
surtax

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

-
-
-
2 281
total
-
-
-
66 250
Employee

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

38 861
-
146 000
-
health

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

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

6 941
-
6 941
-
surtax

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

60
-
2 281
-
income

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

1 086
-
41 474
-
total
8 087
-
50 696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 139
146 000
-
-
surtax

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

883
1 205
-
-
income
16 071
21 900
-
-
trade
16 875
22 995
-
-
chamber of commerce
308
364
-
-
total
34 137
46 464
-
-
Dividends
73 001
99 536
-
-
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.

983
1 348
-
-
withholding
17 864
24 499
-
-
total
18 847
25 847
-
-
Income
146 000
146 000
146 000
146 000
Total tax
61 071
72 311
50 696
66 250
After tax
84 929
73 689
95 304
79 750
Living cost
30 775
30 775
30 775
30 775
Free-cash
54 154
42 914
64 529
48 975

Estimated living cost  is ₽30775 per week

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

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽39836
₽38984
₽35443
₽36590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
municipal
-
-
-
15 767
pensions
-
-
-
17 520
national
-
-
-
24 432
social contributions
-
-
-
1 570
total
-
-
-
59 289
Employee
79 474
-
126 216
-
municipal
9 816
-
16 332
-
pensions
3 179
-
5 049
-
national
15 211
-
25 307
-
total
28 206
-
46 688
-
Employer
79 474
-
126 216
-
social contributions
854
-
1 357
-
pensions
6 358
-
10 097
-
total
7 212
-
11 454
-
Corporate
54 068
146 000
-
-
income

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

10 814
29 200
-
-
total
10 814
29 200
-
-
Dividends
43 254
116 800
-
-
withholding
9 516
25 696
-
-
total
9 516
25 696
-
-
Income
146 000
146 000
146 000
146 000
Total tax
55 748
54 896
58 142
59 289
After tax
90 252
91 104
87 858
86 711
Living cost
51 268
51 268
51 268
51 268
Free-cash
38 984
39 836
36 590
35 443

Estimated living cost  is ₽51268 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽95663
₽87328
₽25234
₽60650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
microenterprise
-
-
-
-
income
-
-
-
23 469
surtax
-
-
-
37 230
social contributions

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

-
-
-
38 929
total
-
-
-
99 628
Employee
29 689
-
117 657
-
social contributions

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

3 266
-
12 942
-
surtax
-
-
-
-
income
5 285
-
22 927
-
total
8 551
-
35 869
-
Employer
29 689
-
117 657
-
social contributions

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

7 151
-
28 343
-
surtax
-
-
-
-
total
7 151
-
28 343
-
Corporate
109 159
146 000
-
-
income

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

21 832
29 199
-
-
total
21 832
29 199
-
-
Dividends

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

87 327
116 801
-
-
total
-
-
-
-
Income
146 000
146 000
146 000
146 000
Total tax
37 534
29 199
64 212
99 628
After tax
108 466
116 801
81 788
46 372
Living cost
21 138
21 138
21 138
21 138
Free-cash
87 328
95 663
60 650
25 234

Estimated living cost  is ₽21138 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽29229
₽23003
₽40336
₽45075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
38 668
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
63 101
Employee
86 765
86 765
127 118
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
15 047
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
39 480
-
Employer
86 765
86 765
127 118
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
45 105
44 041
-
-
income
9 022
8 808
-
-
total
9 022
8 808
-
-
Dividends
36 084
35 233
-
-
income
7 668
7 487
-
-
withholding
5 412
5 285
-
-
total
13 080
12 772
-
-
Income
146 000
146 000
146 000
146 000
Total tax
80 434
74 208
58 362
63 101
After tax
65 566
71 792
87 638
82 899
Living cost
42 563
42 563
42 563
42 563
Free-cash
23 003
29 229
45 075
40 336

Estimated living cost  is ₽42563 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽40563
₽39683
₽37473
₽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
-
-
-
146 000
municipal
-
-
-
36 124
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
8 391
total
-
-
-
69 374
Employee
55 789
-
119 039
-
municipal
16 636
-
35 497
-
national
-
-
7 865
-
total
16 636
-
43 362
-
Employer
55 789
-
119 039
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
72 682
146 000
-
-
income
15 990
32 120
-
-
total
15 990
32 120
-
-
Dividends
56 692
113 880
-
-
withholding
17 008
34 164
-
-
total
17 008
34 164
-
-
Income
146 000
146 000
146 000
146 000
Total tax
67 164
66 284
70 323
69 374
After tax
78 836
79 716
75 677
76 626
Living cost
39 153
39 153
39 153
39 153
Free-cash
39 683
40 563
36 524
37 473

Estimated living cost  is ₽39153 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽33026
₽47303
₽39144
₽55390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
trade
-
-
-
16 246
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.

-
-
-
41 474
health

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

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

-
-
-
6 941
surtax

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

-
-
-
2 281
total
-
-
-
66 942
Employee

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

51 525
-
146 000
-
health

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

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

6 941
-
6 941
-
surtax

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

243
-
2 281
-
income

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

4 427
-
41 474
-
total
11 611
-
50 696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 475
146 000
-
-
surtax

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

779
1 205
-
-
income
14 172
21 900
-
-
trade
15 541
24 017
-
-
chamber of commerce
289
362
-
-
total
30 781
47 484
-
-
Dividends
63 694
98 516
-
-
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.

854
1 334
-
-
withholding
15 537
24 242
-
-
total
16 391
25 576
-
-
Income
146 000
146 000
146 000
146 000
Total tax
58 783
73 060
50 696
66 942
After tax
87 217
72 940
95 304
79 058
Living cost
39 914
39 914
39 914
39 914
Free-cash
47 303
33 026
55 390
39 144

Estimated living cost  is ₽39914 per week

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

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽73662
₽69450
₽68486
₽67113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
24 397
health
-
-
-
3 723
social contributions
-
-
-
16 439
total
-
-
-
44 559
Employee
78 128
78 128
134 761
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
2 291
-
income
8 204
7 232
23 656
-
total
12 777
15 044
34 693
-
Employer
78 128
78 128
134 761
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
2 493
-
total
4 642
7 930
11 239
-
Corporate
95 624
59 941
-
-
income
11 952
7 493
-
-
total
11 952
7 493
-
-
Dividends
83 672
52 449
-
-
withholding
14 224
8 916
-
-
total
14 224
8 916
-
-
Income
146 000
146 000
146 000
146 000
Total tax
43 595
39 383
45 932
44 559
After tax
102 405
106 617
100 068
101 441
Living cost
32 955
32 955
32 955
32 955
Free-cash
69 450
73 662
67 113
68 486

Estimated living cost  is ₽32955 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽63678
₽64061
₽82738
₽66233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
17 848
pensions
-
-
-
14 600
unemployment
-
-
-
2 190
health
-
-
-
10 220
total
-
-
-
44 858
Employee

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
122 176
-
health
1 860
740
8 552
-
income
3 248
1 293
14 936
-
pensions
2 657
1 057
12 218
-
unemployment
399
159
1 833
-
total
8 164
3 249
37 539
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
122 176
-
pensions
5 181
2 062
23 824
-
total
5 181
2 062
23 824
-
Corporate
114 253
133 365
-
-
income
10 283
12 003
-
-
total
10 283
12 003
-
-
Dividends
103 970
121 362
-
-
social contributions
20 153
23 545
-
-
withholding
19 754
23 059
-
-
total
39 907
46 604
-
-
Income
146 000
146 000
146 000
146 000
Total tax
63 535
63 918
61 363
44 858
After tax
82 465
82 082
84 637
101 142
Living cost
18 404
18 404
18 404
18 404
Free-cash
64 061
63 678
66 233
82 738

Estimated living cost  is ₽18404 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽92260
₽85947
₽53715
₽59611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
19 565
pensions
-
-
-
29 199
health
-
-
-
18 980
total
-
-
-
67 744
Employee
28 823
-
109 117
-
income
3 245
-
21 038
-
pensions
577
-
2 183
-
unemployment
461
-
1 745
-
total
4 283
-
24 966
-
Employer
28 823
-
109 117
-
unemployment
231
-
873
-
pensions
5 765
-
21 824
-
health
3 746
-
14 185
-
total
9 742
-
36 882
-
Corporate
107 434
146 000
-
-
income
21 487
29 199
-
-
total
21 487
29 199
-
-
Dividends
85 947
116 801
-
-
total
-
-
-
-
Income
146 000
146 000
146 000
146 000
Total tax
35 512
29 199
61 848
67 744
After tax
110 488
116 801
84 152
78 256
Living cost
24 541
24 541
24 541
24 541
Free-cash
85 947
92 260
59 611
53 715

Estimated living cost  is ₽24541 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽10367
₽8422
₽77727
₽55997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
accident
-
-
-
255
income
-
-
-
39 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
46 080
Employee
34 910
-
129 549
-
health
3 997
-
14 834
-
income
4 789
-
28 828
-
pensions
3 931
-
7 696
-
total
12 717
-
51 358
-
Employer
34 910
-
129 549
-
accident
583
-
2 164
-
unemployment
855
-
3 174
-
pensions
5 677
-
11 114
-
total
7 115
-
16 452
-
Corporate
103 975
146 000
-
-
income

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

93 578
131 400
-
-
total
93 578
131 400
-
-
Dividends
10 397
14 600
-
-
withholding
1 975
2 774
-
-
total
1 975
2 774
-
-
Income
146 000
146 000
146 000
146 000
Total tax
115 385
134 174
67 810
46 080
After tax
30 615
11 826
78 190
99 920
Living cost
22 193
22 193
22 193
22 193
Free-cash
8 422
-10 367
55 997
77 727

Estimated living cost  is ₽22193 per week

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

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽129439
₽127703
₽135279
₽107539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
146 000
microenterprise

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

-
-
-
1 460
total
-
-
-
1 460
Employee
11 576
-
146 000
-
income
2 315
-
29 200
-
total
2 315
-
29 200
-
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%.

134 424
146 000
-
-
total
-
-
-
-
Dividends
134 424
146 000
-
-
withholding
6 721
7 300
-
-
total
6 721
7 300
-
-
Income
146 000
146 000
146 000
146 000
Total tax
9 036
7 300
29 200
1 460
After tax
136 964
138 700
116 800
144 540
Living cost
9 261
9 261
9 261
9 261
Free-cash
127 703
129 439
107 539
135 279

Estimated living cost  is ₽9261 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽80195
₽73331
₽50426
₽56464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
20 101
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.

-
-
-
35 040
other
-
-
-
6 935
health
-
-
-
6 425
total
-
-
-
68 501
Employee
36 891
-
116 613
-
health
517
-
1 633
-
income
6 351
-
22 114
-
pensions

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

2 582
-
8 162
-
unemployment
368
-
1 167
-
total
9 818
-
33 076
-
Employer
36 891
-
116 613
-
accident
295
-
933
-
other
1 845
-
5 831
-
unemployment
368
-
1 167
-
pensions

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

6 272
-
19 823
-
health
517
-
1 633
-
total
9 297
-
29 387
-
Corporate
99 811
146 000
-
-
income
20 961
30 659
-
-
total
20 961
30 659
-
-
Dividends
78 851
115 341
-
-
withholding
5 520
8 073
-
-
total
5 520
8 073
-
-
Income
146 000
146 000
146 000
146 000
Total tax
45 596
38 732
62 463
68 501
After tax
100 404
107 268
83 537
77 499
Living cost
27 073
27 073
27 073
27 073
Free-cash
73 331
80 195
56 464
50 426

Estimated living cost  is ₽27073 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽30846
₽26933
₽30973
₽17572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
38 098
pensions
-
-
-
8 520
total
-
-
-
46 618
Employee
96 788
-
127 857
-
health
1 595
-
1 987
-
income
17 447
-
29 161
-
pensions
9 337
-
10 728
-
total
28 379
-
41 876
-
Employer
96 788
-
127 857
-
pensions
11 428
-
15 715
-
health
1 838
-
2 428
-
total
13 266
-
18 143
-
Corporate
35 946
146 000
-
-
income

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

6 830
27 740
-
-
total
6 830
27 740
-
-
Dividends
29 115
118 260
-
-
withholding
2 183
19 005
-
-
total
2 183
19 005
-
-
Income
146 000
146 000
146 000
146 000
Total tax
50 658
46 745
60 019
46 618
After tax
95 342
99 255
85 981
99 382
Living cost
68 409
68 409
68 409
68 409
Free-cash
26 933
30 846
17 572
30 973

Estimated living cost  is ₽68409 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽111508
₽106789
₽101301
₽106673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
21 900
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
31 377
Employee
17 641
-
139 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
13 903
-
pensions

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

1 549
-
3 116
-
total
4 318
-
19 042
-
Employer
17 641
-
139 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
124 898
146 000
-
-
income
12 489
14 600
-
-
total
12 489
14 600
-
-
Dividends
112 409
131 400
-
-
withholding
5 621
6 570
-
-
total
5 621
6 570
-
-
Income
146 000
146 000
146 000
146 000
Total tax
25 889
21 170
26 005
31 377
After tax
120 111
124 830
119 995
114 623
Living cost
13 322
13 322
13 322
13 322
Free-cash
106 789
111 508
106 673
101 301

Estimated living cost  is ₽13322 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽15451
₽18008
₽26558
₽31297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
38 668
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
63 101
Employee
94 199
86 765
127 118
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
15 047
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
39 480
-
Employer
94 199
86 765
127 118
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
35 307
44 041
-
-
income
7 061
8 808
-
-
total
7 061
8 808
-
-
Dividends
28 247
35 233
-
-
income
6 002
7 487
-
-
withholding
4 236
5 285
-
-
total
10 238
12 772
-
-
Income
146 000
146 000
146 000
146 000
Total tax
71 651
74 208
58 362
63 101
After tax
74 349
71 792
87 638
82 899
Living cost
56 341
56 341
56 341
56 341
Free-cash
18 008
15 451
31 297
26 558

Estimated living cost  is ₽56341 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽76247
₽67587
₽53383
₽49815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
13 704
health
-
-
-
19 710
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
68 343
Employee
35 697
-
108 955
-
social contributions
2 320
-
7 082
-
health
4 819
-
14 709
-
solidarity contribution
-
-
-
-
income
4 284
-
13 075
-
total
11 423
-
34 866
-
Employer
35 697
-
108 955
-
social contributions
8 924
-
27 239
-
health
3 213
-
9 806
-
total
12 137
-
37 045
-
Corporate
98 166
146 000
-
-
income
18 652
27 740
-
-
total
18 652
27 740
-
-
Dividends
79 515
118 260
-
-
withholding
11 927
17 739
-
-
total
11 927
17 739
-
-
Income
146 000
146 000
146 000
146 000
Total tax
54 139
45 479
71 911
68 343
After tax
91 861
100 521
74 089
77 657
Living cost
24 274
24 274
24 274
24 274
Free-cash
67 587
76 247
49 815
53 383

Estimated living cost  is ₽24274 per week

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

Source of data for Brno model

Close
Milan , Italy
₽35023
₽29719
₽28829
₽21955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
municipal
-
-
-
868
regional
-
-
-
1 690
national
-
-
-
34 188
social contributions
-
-
-
37 552
total
-
-
-
74 298
Employee
90 299
-
146 000
-
social contributions
30 449
-
49 231
-
regional
852
-
1 488
-
municipal
478
-
775
-
national
15 647
-
29 678
-
total
47 426
-
81 172
-
Employer
90 299
-
146 000
-
total
-
-
-
-
Corporate
55 701
146 000
-
-
nationa
13 368
35 040
-
-
municipal
2 173
5 694
-
-
total
15 541
40 734
-
-
Dividends
40 160
105 267
-
-
withholding
10 441
27 370
-
-
total
10 441
27 370
-
-
Income
146 000
146 000
146 000
146 000
Total tax
73 408
68 104
81 172
74 298
After tax
72 592
77 896
64 828
71 702
Living cost
42 873
42 873
42 873
42 873
Free-cash
29 719
35 023
21 955
28 829

Estimated living cost  is ₽42873 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽69412
₽66251
₽46861
₽43096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
34 791
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
4 949
total
-
-
-
76 719
Employee
33 600
-
120 612
-
other
-
-
-
-
health
858
-
3 075
-
surtax
110
-
4 356
-
income
5 632
-
31 226
-
pensions
2 240
-
8 044
-
unemployment
2 339
-
8 395
-
total
11 179
-
55 096
-
Employer
33 600
-
120 612
-
other
-
-
-
-
unemployment
1 064
-
3 823
-
pensions
4 479
-
16 077
-
health
1 529
-
5 487
-
total
7 072
-
25 387
-
Corporate
105 328
146 000
-
-
income
27 385
37 961
-
-
total
27 385
37 961
-
-
Dividends
77 943
108 039
-
-
withholding
11 692
16 206
-
-
total
11 692
16 206
-
-
Income
146 000
146 000
146 000
146 000
Total tax
57 328
54 167
80 483
76 719
After tax
88 672
91 833
65 517
69 281
Living cost
22 420
22 420
22 420
22 420
Free-cash
66 251
69 412
43 096
46 861

Estimated living cost  is ₽22420 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽52520
₽54607
₽52647
₽39246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
38 098
pensions
-
-
-
8 520
total
-
-
-
46 618
Employee
64 865
-
127 857
-
health
942
-
1 987
-
income
11 682
-
29 161
-
pensions
5 506
-
10 728
-
total
18 130
-
41 876
-
Employer
64 865
-
127 857
-
pensions
7 022
-
15 715
-
health
1 232
-
2 428
-
total
8 254
-
18 143
-
Corporate
72 881
146 000
-
-
income

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

13 847
27 740
-
-
total
13 847
27 740
-
-
Dividends
59 034
118 260
-
-
withholding
4 427
19 005
-
-
total
4 427
19 005
-
-
Income
146 000
146 000
146 000
146 000
Total tax
44 658
46 745
60 019
46 618
After tax
101 342
99 255
85 981
99 382
Living cost
46 735
46 735
46 735
46 735
Free-cash
54 607
52 520
39 246
52 647

Estimated living cost  is ₽46735 per week

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

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽10852
₽22355
₽42021
₽34933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
city
-
-
-
1 539
pensions
-
-
-
13 432
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.

-
-
-
2 920
regional
-
-
-
6 411
health
-
-
-
329
national
-
-
-
1 733
total
-
-
-
26 364
Employee
90 829
-
130 678
-
city
975
-
1 403
-
regional
2 974
-
5 502
-
health
205
-
293
-
pensions
7 631
-
10 976
-
unemployment
-
-
-
-
national
430
-
1 396
-
total
12 215
-
19 570
-
Employer
90 829
-
130 678
-
other

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

1 816
-
2 613
-
unemployment
-
-
-
-
pensions
7 631
-
10 976
-
health
205
-
293
-
total
9 652
-
13 882
-
Corporate
44 520
146 000
-
-
regional
9 417
30 878
-
-
national
3 784
12 409
-
-
total
13 201
43 287
-
-
Dividends
31 320
102 713
-
-
withholding
10 962
35 950
-
-
total
10 962
35 950
-
-
Income
146 000
146 000
146 000
146 000
Total tax
46 030
79 237
33 452
26 364
After tax
99 970
66 763
112 548
119 636
Living cost
77 615
77 615
77 615
77 615
Free-cash
22 355
-10 852
34 933
42 021

Estimated living cost  is ₽77615 per week

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

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₽25643
₽42121
₽31822
₽48759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
trade
-
-
-
16 937
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.

-
-
-
41 474
health

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

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

-
-
-
6 941
surtax

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

-
-
-
2 281
total
-
-
-
67 633
Employee

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

61 062
-
146 000
-
health

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

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

6 941
-
6 941
-
surtax

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

395
-
2 281
-
income

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

7 180
-
41 474
-
total
14 516
-
50 696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 938
146 000
-
-
surtax

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

700
1 205
-
-
income
12 741
21 900
-
-
trade
14 567
25 039
-
-
chamber of commerce
274
361
-
-
total
28 282
48 505
-
-
Dividends
56 656
97 496
-
-
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.

758
1 319
-
-
withholding
13 778
23 988
-
-
total
14 536
25 307
-
-
Income
146 000
146 000
146 000
146 000
Total tax
57 334
73 812
50 696
67 633
After tax
88 666
72 188
95 304
78 367
Living cost
46 545
46 545
46 545
46 545
Free-cash
42 121
25 643
48 759
31 822

Estimated living cost  is ₽46545 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽38822
₽44824
₽48048
₽49161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
20 185
pensions
-
-
-
29 175
other
-
-
-
4 525
health
-
-
-
5 144
surtax
-
-
-
-
social contributions
-
-
-
4 161
total
-
-
-
63 190
Employee
43 485
-
114 973
-
social contributions
1 240
-
3 276
-
surtax
-
-
-
-
income
2 566
-
20 598
-
pensions
4 917
-
7 175
-
total
8 723
-
31 049
-
Employer
43 485
-
114 973
-
other
1 500
-
4 135
-
social contributions
131
-
345
-
unemployment
1 760
-
4 656
-
pensions
7 144
-
12 225
-
health
3 045
-
9 667
-
total
13 580
-
31 028
-
Corporate
88 935
146 000
-
-
surtax
-
-
-
-
income
24 902
40 880
-
-
total
24 902
40 880
-
-
Dividends
64 034
105 120
-
-
surtax
-
-
-
-
social contributions
11 013
18 082
-
-
withholding
8 196
13 454
-
-
total
19 209
31 536
-
-
Income
146 000
146 000
146 000
146 000
Total tax
66 414
72 416
62 077
63 190
After tax
79 586
73 584
83 923
82 810
Living cost
34 762
34 762
34 762
34 762
Free-cash
44 824
38 822
49 161
48 048

Estimated living cost  is ₽34762 per week

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

Source of data for Nice model

Close
Marseille , France
₽42266
₽47912
₽51492
₽52605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
20 185
pensions
-
-
-
29 175
other
-
-
-
4 525
health
-
-
-
5 144
surtax
-
-
-
-
social contributions
-
-
-
4 161
total
-
-
-
63 190
Employee
38 816
-
114 973
-
social contributions
1 107
-
3 276
-
surtax
-
-
-
-
income
2 001
-
20 598
-
pensions
4 390
-
7 175
-
total
7 498
-
31 049
-
Employer
38 816
-
114 973
-
other
1 340
-
4 135
-
social contributions
116
-
345
-
unemployment
1 571
-
4 656
-
pensions
6 378
-
12 225
-
health
2 717
-
9 667
-
total
12 122
-
31 028
-
Corporate
95 062
146 000
-
-
surtax
-
-
-
-
income
26 618
40 880
-
-
total
26 618
40 880
-
-
Dividends
68 444
105 120
-
-
surtax
-
-
-
-
social contributions
11 771
18 082
-
-
withholding
8 761
13 454
-
-
total
20 532
31 536
-
-
Income
146 000
146 000
146 000
146 000
Total tax
66 770
72 416
62 077
63 190
After tax
79 230
73 584
83 923
82 810
Living cost
31 318
31 318
31 318
31 318
Free-cash
47 912
42 266
52 605
51 492

Estimated living cost  is ₽31318 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽67530
₽68056
₽72216
₽70175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
21 900
health
-
-
-
10 190
social contributions
-
-
-
20 149
total
-
-
-
52 239
Employee
34 450
-
146 000
-
social contributions
4 755
-
20 149
-
health
2 404
-
10 190
-
income
5 746
-
23 941
-
total
12 905
-
54 280
-
Employer
34 450
-
146 000
-
total
-
-
-
-
Corporate
111 550
146 000
-
-
income

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

5 578
7 300
-
-
total
5 578
7 300
-
-
Dividends
105 972
138 700
-
-
health
7 396
9 681
-
-
social contributions
14 625
19 140
-
-
withholding
15 895
20 804
-
-
total
37 916
49 625
-
-
Income
146 000
146 000
146 000
146 000
Total tax
56 399
56 925
54 280
52 239
After tax
89 601
89 075
91 720
93 761
Living cost
21 545
21 545
21 545
21 545
Free-cash
68 056
67 530
70 175
72 216

Estimated living cost  is ₽21545 per week

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

Source of data for Vilnius model

Close
Vienna , Austria
₽45295
₽43724
₽38625
₽2780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
chamber of commerce
-
-
-
584
income
-
-
-
33 518
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
71 574
Employee
50 777
40 491
113 214
-
other
507
405
1 132
-
health
1 965
1 568
4 381
-
income
5 781
2 987
26 791
-
pensions
5 200
4 145
11 594
-
unemployment
1 523
1 215
3 397
-
total
14 976
10 320
47 295
-
Employer
50 777
40 491
113 214
-
accident
659
526
1 471
-
other
2 412
1 922
5 378
-
chamber of commerce
202
162
453
-
unemployment
1 523
1 215
3 397
-
surtax
201
201
201
-
pensions
6 372
5 083
14 208
-
payroll
1 523
1 215
3 397
-
health
1 918
1 531
4 280
-
total
14 810
11 855
32 785
-
Corporate
80 411
93 655
109 358
-
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.

20 103
23 413
27 339
-
total
20 103
23 413
27 339
-
Dividends
60 309
70 242
-
-
withholding
16 586
19 316
-
-
total
16 586
19 316
-
-
Income
146 000
146 000
146 000
146 000
Total tax
66 475
64 904
107 419
71 574
After tax
79 525
81 096
38 581
74 426
Living cost
35 801
35 801
35 801
35 801
Free-cash
43 724
45 295
2 780
38 625

Estimated living cost  is ₽35801 per week

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

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽44677
₽29438
₽27104
₽16200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
national
-
-
-
51 558
communal

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

-
-
-
7 387
social contributions
-
-
-
22 905
total
-
-
-
81 850
Employee

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

72 678
-
113 083
-
communal

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

3 791
-
5 898
-
health

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

3 415
-
5 314
-
pensions

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

5 451
-
8 482
-
unemployment

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

632
-
983
-
national
22 344
-
39 162
-
total
35 633
-
59 839
-
Employer

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

72 678
-
113 083
-
accident

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

945
-
1 469
-
unemployment

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

1 060
-
1 650
-
surtax
8 241
-
12 822
-
pensions

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

6 440
-
10 019
-
health

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

4 469
-
6 955
-
total
21 155
-
32 915
-
Corporate
52 167
146 000
-
-
surtax
208
584
-
-
income
10 433
29 199
-
-
total
10 641
29 783
-
-
Dividends
41 526
116 216
-
-
withholding

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

12 087
34 494
-
-
total
12 087
34 494
-
-
Income
146 000
146 000
146 000
146 000
Total tax
79 516
64 277
92 754
81 850
After tax
66 484
81 723
53 246
64 150
Living cost
37 046
37 046
37 046
37 046
Free-cash
29 438
44 677
16 200
27 104

Estimated living cost  is ₽37046 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽61023
₽53483
₽45612
₽40893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
accident
-
-
-
848
income
-
-
-
35 444
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
63 695
Employee
50 576
-
115 977
-
other
50
-
94
-
income
10 671
-
32 411
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
38 392
-
Employer
50 576
-
115 977
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
79 303
146 000
-
-
income

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

11 895
21 900
-
-
total
11 895
21 900
-
-
Dividends
67 409
124 100
-
-
withholding
13 925
26 384
-
-
total
13 925
26 384
-
-
Income
146 000
146 000
146 000
146 000
Total tax
55 824
48 284
68 414
63 695
After tax
90 176
97 716
77 586
82 305
Living cost
36 693
36 693
36 693
36 693
Free-cash
53 483
61 023
40 893
45 612

Estimated living cost  is ₽36693 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽31939
₽20731
₽20659
₽26480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
accident
-
-
-
1 230
income
-
-
-
20 287
pensions
-
-
-
21 884
health
-
-
-
10 258
surtax
-
-
-
7 238
communal
-
-
-
9 228
total
-
-
-
70 125
Employee
76 944
-
130 415
-
health
3 424
-
5 804
-
surtax
4 716
-
7 992
-
income
7 432
-
24 490
-
pensions
6 155
-
10 433
-
total
21 727
-
48 719
-
Employer
76 944
-
130 415
-
accident
692
-
1 174
-
pensions
6 155
-
10 433
-
health
2 347
-
3 978
-
total
9 194
-
15 585
-
Corporate
59 863
146 000
-
-
surtax
629
1 533
-
-
communal
4 041
9 855
-
-
income
8 979
21 900
-
-
total
13 649
33 288
-
-
Dividends
46 214
112 713
-
-
income
18 551
8 649
-
-
withholding
6 932
16 908
-
-
total
25 483
25 557
-
-
Income
146 000
146 000
146 000
146 000
Total tax
70 053
58 845
64 304
70 125
After tax
75 947
87 155
81 696
75 875
Living cost
55 216
55 216
55 216
55 216
Free-cash
20 731
31 939
26 480
20 659

Estimated living cost  is ₽55216 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽69012
₽65782
₽46460
₽42696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
34 791
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
4 949
total
-
-
-
76 719
Employee
34 217
-
120 612
-
other
-
-
-
-
health
873
-
3 075
-
surtax
121
-
4 356
-
income
5 736
-
31 226
-
pensions
2 283
-
8 044
-
unemployment
2 381
-
8 395
-
total
11 394
-
55 096
-
Employer
34 217
-
120 612
-
other
-
-
-
-
unemployment
1 086
-
3 823
-
pensions
4 562
-
16 077
-
health
1 556
-
5 487
-
total
7 204
-
25 387
-
Corporate
104 580
146 000
-
-
income
27 190
37 961
-
-
total
27 190
37 961
-
-
Dividends
77 390
108 039
-
-
withholding
11 609
16 206
-
-
total
11 609
16 206
-
-
Income
146 000
146 000
146 000
146 000
Total tax
57 397
54 167
80 483
76 719
After tax
88 603
91 833
65 517
69 281
Living cost
22 821
22 821
22 821
22 821
Free-cash
65 782
69 012
42 696
46 460

Estimated living cost  is ₽22821 per week

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

Source of data for Athens model

Close
Naples , Italy
₽49371
₽47113
₽43821
₽36982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
municipal
-
-
-
868
regional
-
-
-
2 201
national
-
-
-
34 188
social contributions
-
-
-
37 552
total
-
-
-
74 809
Employee
56 361
-
146 000
-
social contributions
19 005
-
49 231
-
regional
759
-
1 964
-
municipal
299
-
775
-
national
8 929
-
29 678
-
total
28 992
-
81 648
-
Employer
56 361
-
146 000
-
total
-
-
-
-
Corporate
89 639
146 000
-
-
nationa
21 514
35 040
-
-
municipal
4 456
7 256
-
-
total
25 970
42 296
-
-
Dividends
63 669
103 705
-
-
withholding
16 555
26 963
-
-
total
16 555
26 963
-
-
Income
146 000
146 000
146 000
146 000
Total tax
71 517
69 259
81 648
74 809
After tax
74 483
76 741
64 352
71 191
Living cost
27 370
27 370
27 370
27 370
Free-cash
47 113
49 371
36 982
43 821

Estimated living cost  is ₽27370 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽70609
₽59939
₽47745
₽44177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
13 704
health
-
-
-
19 710
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
68 343
Employee
43 988
-
108 955
-
social contributions
2 859
-
7 082
-
health
5 938
-
14 709
-
solidarity contribution
-
-
-
-
income
5 278
-
13 075
-
total
14 075
-
34 866
-
Employer
43 988
-
108 955
-
social contributions
10 997
-
27 239
-
health
3 959
-
9 806
-
total
14 956
-
37 045
-
Corporate
87 057
146 000
-
-
income
16 541
27 740
-
-
total
16 541
27 740
-
-
Dividends
70 516
118 260
-
-
withholding
10 577
17 739
-
-
total
10 577
17 739
-
-
Income
146 000
146 000
146 000
146 000
Total tax
56 149
45 479
71 911
68 343
After tax
89 851
100 521
74 089
77 657
Living cost
29 912
29 912
29 912
29 912
Free-cash
59 939
70 609
44 177
47 745

Estimated living cost  is ₽29912 per week

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

Source of data for Prague model

Close
Graz , Austria
₽48790
₽48292
₽42212
₽6202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
chamber of commerce
-
-
-
584
income
-
-
-
33 518
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
71 373
Employee
44 414
40 491
113 372
-
other
443
405
1 134
-
health
1 718
1 568
4 388
-
income
3 957
2 987
26 845
-
pensions
4 548
4 145
11 609
-
unemployment
1 332
1 215
3 401
-
total
11 998
10 320
47 377
-
Employer
44 414
40 491
113 372
-
accident
577
526
1 473
-
other
2 109
1 922
5 385
-
chamber of commerce
177
162
453
-
unemployment
1 332
1 215
3 401
-
surtax
-
-
-
-
pensions
5 574
5 083
14 228
-
payroll
1 332
1 215
3 401
-
health
1 679
1 531
4 286
-
total
12 780
11 654
32 627
-
Corporate
88 805
93 856
109 516
-
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.

22 200
23 463
27 379
-
total
22 200
23 463
27 379
-
Dividends
66 604
70 393
-
-
withholding
18 315
19 358
-
-
total
18 315
19 358
-
-
Income
146 000
146 000
146 000
146 000
Total tax
65 293
64 795
107 383
71 373
After tax
80 707
81 205
38 617
74 627
Living cost
32 415
32 415
32 415
32 415
Free-cash
48 292
48 790
6 202
42 212

Estimated living cost  is ₽32415 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽124268
₽121562
₽130108
₽102368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
146 000
microenterprise

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

-
-
-
1 460
total
-
-
-
1 460
Employee
18 040
-
146 000
-
income
3 608
-
29 200
-
total
3 608
-
29 200
-
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%.

127 960
146 000
-
-
total
-
-
-
-
Dividends
127 960
146 000
-
-
withholding
6 398
7 300
-
-
total
6 398
7 300
-
-
Income
146 000
146 000
146 000
146 000
Total tax
10 006
7 300
29 200
1 460
After tax
135 994
138 700
116 800
144 540
Living cost
14 432
14 432
14 432
14 432
Free-cash
121 562
124 268
102 368
130 108

Estimated living cost  is ₽14432 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽73269
₽64771
₽45727
₽41862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
income
-
-
-
31 771
pensions
-
-
-
26 664
unemployment
-
-
-
220
health
-
-
-
14 366
total
-
-
-
73 021
Employee

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

44 929
-
126 329
-
health
2 902
-
8 162
-
income
7 748
-
29 297
-
pensions
6 964
-
19 582
-
unemployment
64
-
177
-
total
17 678
-
57 218
-
Employer

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

44 929
-
126 329
-
unemployment
27
-
75
-
pensions
3 976
-
11 179
-
health
2 992
-
8 414
-
total
6 995
-
19 668
-
Corporate
94 075
146 000
-
-
income
17 874
27 740
-
-
total
17 874
27 740
-
-
Dividends
76 202
118 260
-
-
withholding
11 430
17 739
-
-
total
11 430
17 739
-
-
Income
146 000
146 000
146 000
146 000
Total tax
53 977
45 479
76 886
73 021
After tax
92 023
100 521
69 114
72 979
Living cost
27 252
27 252
27 252
27 252
Free-cash
64 771
73 269
41 862
45 727

Estimated living cost  is ₽27252 per week

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

Source of data for Ljubljana model

Close
Oslo , Norway
₽44926
-₽5702
₽56998
₽88715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
28 458
social contributions
-
-
-
16 644
total
-
-
-
45 102
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
146 000
-
-
income
-
32 120
-
-
total
-
32 120
-
-
Dividends
-
113 880
-
-
income
-
25 054
-
-
total
-
25 054
-
-
Income
146 000
146 000
146 000
146 000
Total tax
107 802
57 174
13 385
45 102
After tax
38 198
88 826
132 615
100 898
Living cost
43 900
43 900
43 900
43 900
Free-cash
-5 702
44 926
88 715
56 998

Estimated living cost  is ₽43900 per week

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

Source of data for Oslo model

Close
Lisbon , Portugal
₽51175
₽50153
₽47452
₽37367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
income
-
-
-
15 943
surtax
-
-
-
-
social contributions

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

-
-
-
50 735
total
-
-
-
66 678
Employee
46 730
-
117 981
-
social contributions
5 140
-
12 978
-
surtax
-
-
-
-
income
9 720
-
35 766
-
total
14 860
-
48 744
-
Employer
46 730
-
117 981
-
social contributions
11 098
-
28 019
-
total
11 098
-
28 019
-
Corporate
88 172
146 000
-
-
surtax
-
-
-
-
income
18 516
30 659
-
-
total
18 516
30 659
-
-
Dividends
69 656
115 341
-
-
withholding
19 503
32 296
-
-
total
19 503
32 296
-
-
Income
146 000
146 000
146 000
146 000
Total tax
63 977
62 955
76 763
66 678
After tax
82 023
83 045
69 237
79 322
Living cost
31 870
31 870
31 870
31 870
Free-cash
50 153
51 175
37 367
47 452

Estimated living cost  is ₽31870 per week

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

Source of data for Lisbon model

Close
Paris , France
₽24511
₽31494
₽33737
₽34850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
20 185
pensions
-
-
-
29 175
other
-
-
-
4 525
health
-
-
-
5 144
surtax
-
-
-
-
social contributions
-
-
-
4 161
total
-
-
-
63 190
Employee
63 636
-
114 973
-
social contributions
1 812
-
3 276
-
surtax
-
-
-
-
income
5 552
-
20 598
-
pensions
7 198
-
7 175
-
total
14 562
-
31 049
-
Employer
63 636
-
114 973
-
other
2 196
-
4 135
-
social contributions
191
-
345
-
unemployment
2 578
-
4 656
-
pensions
10 456
-
12 225
-
health
4 454
-
9 667
-
total
19 875
-
31 028
-
Corporate
62 489
146 000
-
-
surtax
-
-
-
-
income
17 498
40 880
-
-
total
17 498
40 880
-
-
Dividends
44 991
105 120
-
-
surtax
-
-
-
-
social contributions
7 739
18 082
-
-
withholding
5 759
13 454
-
-
total
13 498
31 536
-
-
Income
146 000
146 000
146 000
146 000
Total tax
65 433
72 416
62 077
63 190
After tax
80 567
73 584
83 923
82 810
Living cost
49 073
49 073
49 073
49 073
Free-cash
31 494
24 511
34 850
33 737

Estimated living cost  is ₽49073 per week

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

Source of data for Paris model

Close
Andorra , Andorra
₽100858
₽97446
₽78120
₽81997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
5 217
social contributions
-
-
-
32 121
total
-
-
-
37 338
Employee
32 665
-
126 406
-
income
-
-
5 649
-
social contributions
2 123
-
8 218
-
total
2 123
-
13 867
-
Employer
32 665
-
126 406
-
social contributions
5 063
-
19 594
-
total
5 063
-
19 594
-
Corporate
108 272
146 000
-
-
income
10 826
14 600
-
-
total
10 826
14 600
-
-
Dividends
97 446
131 400
-
-
total
-
-
-
-
Income
146 000
146 000
146 000
146 000
Total tax
18 012
14 600
33 461
37 338
After tax
127 988
131 400
112 539
108 662
Living cost
30 542
30 542
30 542
30 542
Free-cash
97 446
100 858
81 997
78 120

Estimated living cost  is ₽30542 per week

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

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽75348
-₽75348
₽39084
-₽75348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
municipal
-
-
-
29 434
pensions
-
-
-
881
national
-
-
-
16 064
labour market
-
-
-
11 610
total
-
-
-
57 989
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
146 000
146 000
146 000
146 000
Total tax
172 421
172 421
172 421
57 989
After tax
-26 421
-26 421
-26 421
88 011
Living cost
48 927
48 927
48 927
48 927
Free-cash
-75 348
-75 348
-75 348
39 084

Estimated living cost  is ₽48927 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽10039
₽8472
₽78055
₽56325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
accident
-
-
-
255
income
-
-
-
39 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
46 080
Employee
34 396
-
129 549
-
health
3 939
-
14 834
-
income
4 719
-
28 828
-
pensions
3 873
-
7 696
-
total
12 531
-
51 358
-
Employer
34 396
-
129 549
-
accident
574
-
2 164
-
unemployment
843
-
3 174
-
pensions
5 593
-
11 114
-
total
7 010
-
16 452
-
Corporate
104 594
146 000
-
-
income

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

94 135
131 400
-
-
total
94 135
131 400
-
-
Dividends
10 459
14 600
-
-
withholding
1 987
2 774
-
-
total
1 987
2 774
-
-
Income
146 000
146 000
146 000
146 000
Total tax
115 663
134 174
67 810
46 080
After tax
30 337
11 826
78 190
99 920
Living cost
21 865
21 865
21 865
21 865
Free-cash
8 472
-10 039
56 325
78 055

Estimated living cost  is ₽21865 per week

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

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽54527
₽56128
₽59695
₽39678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
146 000
municipal
-
-
-
25 953
health
-
-
-
1 824
national
-
-
-
19 520
total
-
-
-
47 297
Employee
53 456
-
122 822
-
health
399
-
1 467
-
municipal
8 756
-
20 020
-
pensions
3 608
-
8 291
-
unemployment
802
-
1 843
-
national
883
-
12 517
-
total
14 448
-
44 138
-
Employer
53 456
-
122 822
-
accident
54
-
123
-
unemployment
347
-
798
-
pensions
9 274
-
21 310
-
health
411
-
945
-
total
10 086
-
23 176
-
Corporate
82 458
146 000
-
-
income
16 491
29 199
-
-
total
16 491
29 199
-
-
Dividends

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

49 475
87 600
-
-
national
933
7 498
-
-
municipal
8 906
15 768
-
-
total
9 839
23 266
-
-
Income
146 000
146 000
146 000
146 000
Total tax
50 864
52 465
67 314
47 297
After tax
95 136
93 535
78 686
98 703
Living cost
39 008
39 008
39 008
39 008
Free-cash
56 128
54 527
39 678
59 695

Estimated living cost  is ₽39008 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽83093
₽77563
₽77917
₽76544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
24 397
health
-
-
-
3 723
social contributions
-
-
-
16 439
total
-
-
-
44 559
Employee
78 128
78 128
134 761
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
2 291
-
income
8 507
7 232
23 656
-
total
12 066
15 044
34 693
-
Employer
78 128
78 128
134 761
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
2 493
-
total
3 611
7 930
11 239
-
Corporate
106 798
59 941
-
-
income
13 350
7 493
-
-
total
13 350
7 493
-
-
Dividends
93 448
52 449
-
-
withholding
15 886
8 916
-
-
total
15 886
8 916
-
-
Income
146 000
146 000
146 000
146 000
Total tax
44 913
39 383
45 932
44 559
After tax
101 087
106 617
100 068
101 441
Living cost
23 524
23 524
23 524
23 524
Free-cash
77 563
83 093
76 544
77 917

Estimated living cost  is ₽23524 per week

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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽104770
₽99601
₽105116
₽84737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
146 000
income
-
-
-
14 583
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
24 752
Employee

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

23 322
-
136 070
-
health
1 982
-
8 195
-
income
1 595
-
12 064
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
35 202
-
Employer

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

23 322
-
136 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
120 278
146 000
-
-
income
10 824
13 140
-
-
total
10 824
13 140
-
-
Dividends
109 453
132 860
-
-
withholding
9 851
11 958
-
-
total
9 851
11 958
-
-
Income
146 000
146 000
146 000
146 000
Total tax
30 267
25 098
45 131
24 752
After tax
115 733
120 902
100 869
121 248
Living cost
16 132
16 132
16 132
16 132
Free-cash
99 601
104 770
84 737
105 116

Estimated living cost  is ₽16132 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽69776
₽65000
₽54365
₽49646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
accident
-
-
-
848
income
-
-
-
35 444
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
63 695
Employee
37 569
-
115 977
-
other
37
-
94
-
income
7 243
-
32 411
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
38 392
-
Employer
37 569
-
115 977
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
96 454
146 000
-
-
income

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

14 469
21 900
-
-
total
14 469
21 900
-
-
Dividends
81 985
124 100
-
-
withholding
16 985
26 384
-
-
total
16 985
26 384
-
-
Income
146 000
146 000
146 000
146 000
Total tax
53 060
48 284
68 414
63 695
After tax
92 940
97 716
77 586
82 305
Living cost
27 940
27 940
27 940
27 940
Free-cash
65 000
69 776
49 646
54 365

Estimated living cost  is ₽27940 per week

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

Source of data for Valencia model

Close
Istanbul , Turkey
₽88323
₽87867
₽90485
₽90288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
49 234
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
52 734
Employee
4 236
-
143 718
-
health
212
-
507
-
income
820
-
49 127
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
50 648
-
Employer
4 236
-
143 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
140 810
146 000
-
-
income
30 978
32 120
-
-
total
30 978
32 120
-
-
Dividends
109 832
113 880
-
-
withholding
21 966
22 776
-
-
total
21 966
22 776
-
-
Income
146 000
146 000
146 000
146 000
Total tax
55 352
54 896
52 931
52 734
After tax
90 648
91 104
93 069
93 266
Living cost
2 781
2 781
2 781
2 781
Free-cash
87 867
88 323
90 288
90 485

Estimated living cost  is ₽2781 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽87926
₽82928
₽67818
₽67819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
income
-
-
-
32 259
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
60 623
Employee

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

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

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

26 477
-
132 569
-
health
1 364
-
3 864
-
income
3 650
-
32 259
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
47 191
-
Employer

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

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

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

26 477
-
132 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
114 784
146 000
-
-
income
17 218
21 900
-
-
total
17 218
21 900
-
-
Dividends
97 566
124 100
-
-
withholding
14 635
18 615
-
-
total
14 635
18 615
-
-
Income
146 000
146 000
146 000
146 000
Total tax
45 513
40 515
60 622
60 623
After tax
100 487
105 485
85 378
85 377
Living cost
17 559
17 559
17 559
17 559
Free-cash
82 928
87 926
67 819
67 818

Estimated living cost  is ₽17559 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽55653
₽55287
₽51930
₽41845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
income
-
-
-
15 943
surtax
-
-
-
-
social contributions

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

-
-
-
50 735
total
-
-
-
66 678
Employee
39 435
-
117 981
-
social contributions
4 338
-
12 978
-
surtax
-
-
-
-
income
7 705
-
35 766
-
total
12 043
-
48 744
-
Employer
39 435
-
117 981
-
social contributions
9 365
-
28 019
-
total
9 365
-
28 019
-
Corporate
97 200
146 000
-
-
surtax
-
-
-
-
income
20 413
30 659
-
-
total
20 413
30 659
-
-
Dividends
76 787
115 341
-
-
withholding
21 500
32 296
-
-
total
21 500
32 296
-
-
Income
146 000
146 000
146 000
146 000
Total tax
63 321
62 955
76 763
66 678
After tax
82 679
83 045
69 237
79 322
Living cost
27 392
27 392
27 392
27 392
Free-cash
55 287
55 653
41 845
51 930

Estimated living cost  is ₽27392 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽62008
₽54814
₽46597
₽41878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
accident
-
-
-
848
income
-
-
-
35 444
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
63 695
Employee
49 070
-
115 977
-
other
48
-
94
-
income
10 249
-
32 411
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
38 392
-
Employer
49 070
-
115 977
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
81 285
146 000
-
-
income

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

12 193
21 900
-
-
total
12 193
21 900
-
-
Dividends
69 092
124 100
-
-
withholding
14 278
26 384
-
-
total
14 278
26 384
-
-
Income
146 000
146 000
146 000
146 000
Total tax
55 478
48 284
68 414
63 695
After tax
90 522
97 716
77 586
82 305
Living cost
35 708
35 708
35 708
35 708
Free-cash
54 814
62 008
41 878
46 597

Estimated living cost  is ₽35708 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽107351
₽101158
₽97144
₽102516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
21 900
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
31 377
Employee
23 145
-
139 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
13 903
-
pensions

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

2 032
-
3 116
-
total
5 666
-
19 042
-
Employer
23 145
-
139 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
118 314
146 000
-
-
income
11 832
14 600
-
-
total
11 832
14 600
-
-
Dividends
106 482
131 400
-
-
withholding
5 324
6 570
-
-
total
5 324
6 570
-
-
Income
146 000
146 000
146 000
146 000
Total tax
27 363
21 170
26 005
31 377
After tax
118 637
124 830
119 995
114 623
Living cost
17 479
17 479
17 479
17 479
Free-cash
101 158
107 351
102 516
97 144

Estimated living cost  is ₽17479 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽35967
₽49259
₽41906
₽56078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
trade
-
-
-
14 172
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.

-
-
-
41 474
health

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

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

-
-
-
6 941
surtax

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

-
-
-
2 281
total
-
-
-
64 868
Employee

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

50 554
-
146 000
-
health

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

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

6 941
-
6 941
-
surtax

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

229
-
2 281
-
income

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

4 157
-
41 474
-
total
11 327
-
50 696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 446
146 000
-
-
surtax

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

787
1 205
-
-
income
14 316
21 900
-
-
trade
13 697
20 951
-
-
chamber of commerce
295
368
-
-
total
29 095
44 424
-
-
Dividends
66 350
101 576
-
-
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.

891
1 375
-
-
withholding
16 202
25 008
-
-
total
17 093
26 383
-
-
Income
146 000
146 000
146 000
146 000
Total tax
57 515
70 807
50 696
64 868
After tax
88 485
75 193
95 304
81 132
Living cost
39 226
39 226
39 226
39 226
Free-cash
49 259
35 967
56 078
41 906

Estimated living cost  is ₽39226 per week

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

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽44322
₽46564
₽22920
₽22920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
41 607
social contributions
-
-
-
23 595
total
-
-
-
65 202
Employee
79 477
-
146 000
-
income
14 997
-
41 607
-
social contributions
6 603
-
23 595
-
total
21 600
-
65 202
-
Employer
79 477
-
146 000
-
total
-
-
-
-
Corporate
66 523
146 000
-
-
income
8 316
18 250
-
-
total
8 316
18 250
-
-
Dividends
58 207
127 750
-
-
withholding
11 642
25 550
-
-
total
11 642
25 550
-
-
Income
146 000
146 000
146 000
146 000
Total tax
41 558
43 800
65 202
65 202
After tax
104 442
102 200
80 798
80 798
Living cost
57 878
57 878
57 878
57 878
Free-cash
46 564
44 322
22 920
22 920

Estimated living cost  is ₽57878 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽52651
₽56201
₽73384
₽68937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
141 326
-
income
5 057
-
30 833
-
social contributions
4 670
-
4 674
-
total
9 727
-
35 507
-
Employer
46 610
-
141 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
94 720
146 000
-
-
income
33 152
51 099
-
-
total
33 152
51 099
-
-
Dividends
61 568
94 901
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
146 000
146 000
146 000
146 000
Total tax
52 917
56 467
40 181
35 734
After tax
93 083
89 533
105 819
110 266
Living cost
36 882
36 882
36 882
36 882
Free-cash
56 201
52 651
68 937
73 384

Estimated living cost  is ₽36882 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽61261
₽65626
₽61388
₽47987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
income
-
-
-
38 098
pensions
-
-
-
8 520
total
-
-
-
46 618
Employee
52 152
-
127 857
-
health
680
-
1 987
-
income
9 497
-
29 161
-
pensions
3 981
-
10 728
-
total
14 158
-
41 876
-
Employer
52 152
-
127 857
-
pensions
5 269
-
15 715
-
health
991
-
2 428
-
total
6 260
-
18 143
-
Corporate
87 587
146 000
-
-
income

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

16 641
27 740
-
-
total
16 641
27 740
-
-
Dividends
70 947
118 260
-
-
withholding
5 321
19 005
-
-
total
5 321
19 005
-
-
Income
146 000
146 000
146 000
146 000
Total tax
42 380
46 745
60 019
46 618
After tax
103 620
99 255
85 981
99 382
Living cost
37 994
37 994
37 994
37 994
Free-cash
65 626
61 261
47 987
61 388

Estimated living cost  is ₽37994 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽12204
₽8141
₽75890
₽54160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
accident
-
-
-
255
income
-
-
-
39 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
46 080
Employee
37 800
-
129 549
-
health
4 328
-
14 834
-
income
5 186
-
28 828
-
pensions
4 256
-
7 696
-
total
13 770
-
51 358
-
Employer
37 800
-
129 549
-
accident
631
-
2 164
-
unemployment
926
-
3 174
-
pensions
6 146
-
11 114
-
total
7 703
-
16 452
-
Corporate
100 496
146 000
-
-
income

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

90 447
131 400
-
-
total
90 447
131 400
-
-
Dividends
10 049
14 600
-
-
withholding
1 909
2 774
-
-
total
1 909
2 774
-
-
Income
146 000
146 000
146 000
146 000
Total tax
113 829
134 174
67 810
46 080
After tax
32 171
11 826
78 190
99 920
Living cost
24 030
24 030
24 030
24 030
Free-cash
8 141
-12 204
54 160
75 890

Estimated living cost  is ₽24030 per week

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

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽109164
₽104420
₽68576
₽86432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 000
work injury
-
-
-
730
health insurance
-
-
-
10 804
income
-
-
-
23 579
pensions
-
-
-
26 864
unemployment
-
-
-
1 752
total
-
-
-
63 729
Employee

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

21 911
-
146 000
-
work injury
110
-
405
-
income
2 191
-
23 579
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
45 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 089
146 000
-
-
income

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

1 241
1 460
-
-
total
1 241
1 460
-
-
Dividends
122 848
144 540
-
-
withholding
18 427
21 681
-
-
total
18 427
21 681
-
-
Income
146 000
146 000
146 000
146 000
Total tax
27 885
23 141
45 873
63 729
After tax
118 115
122 859
100 127
82 271
Living cost
13 695
13 695
13 695
13 695
Free-cash
104 420
109 164
86 432
68 576

Estimated living cost  is ₽13695 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽36424
₽31803
₽29499
₽22876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 000
municipal
-
-
-
976
regional
-
-
-
3 308
national
-
-
-
34 188
social contributions
-
-
-
37 552
total
-
-
-
76 024
Employee
85 618
-
146 000
-
social contributions
28 870
-
49 231
-
regional
1 293
-
2 866
-
municipal
511
-
872
-
national
14 469
-
29 678
-
total
45 143
-
82 647
-
Employer
85 618
-
146 000
-
total
-
-
-
-
Corporate
60 382
146 000
-
-
nationa
14 492
35 040
-
-
municipal
2 910
7 038
-
-
total
17 402
42 078
-
-
Dividends
42 981
103 923
-
-
withholding
11 175
27 021
-
-
total
11 175
27 021
-
-
Income
146 000
146 000
146 000
146 000
Total tax
73 720
69 099
82 647
76 024
After tax
72 280
76 901
63 353
69 976
Living cost
40 476
40 476
40 476
40 476
Free-cash
31 803
36 424
22 876
29 499

Estimated living cost  is ₽40476 per week

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

Source of data for Rome model

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