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
₽ 146500
per

Your estimated
City
free-cash

Dresden , Germany
₽43209
₽54432
₽49189
₽64832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
trade
-
-
-
15 643
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.

-
-
-
41 709
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.

-
-
-
6 932
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.

-
-
-
2 293
total
-
-
-
66 577
Employee

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

38 810
-
146 500
-
health

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

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

6 932
-
6 932
-
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
-
2 293
-
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.

1 084
-
41 709
-
total
8 076
-
50 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 690
146 500
-
-
surtax

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

888
1 209
-
-
income
16 154
21 974
-
-
trade
16 960
23 074
-
-
chamber of commerce
308
364
-
-
total
34 310
46 621
-
-
Dividends
73 381
99 878
-
-
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.

988
1 352
-
-
withholding
17 960
24 584
-
-
total
18 948
25 936
-
-
Income
146 500
146 500
146 500
146 500
Total tax
61 334
72 557
50 934
66 577
After tax
85 166
73 943
95 566
79 923
Living cost
30 734
30 734
30 734
30 734
Free-cash
54 432
43 209
64 832
49 189

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40290
₽39441
₽35864
₽37014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
municipal
-
-
-
15 828
pensions
-
-
-
17 580
national
-
-
-
24 527
social contributions
-
-
-
1 575
total
-
-
-
59 510
Employee
79 255
-
126 648
-
municipal
9 789
-
16 395
-
pensions
3 170
-
5 066
-
national
15 169
-
25 406
-
total
28 128
-
46 867
-
Employer
79 255
-
126 648
-
social contributions
852
-
1 361
-
pensions
6 340
-
10 132
-
total
7 192
-
11 493
-
Corporate
54 822
146 500
-
-
income

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

10 964
29 300
-
-
total
10 964
29 300
-
-
Dividends
43 858
117 200
-
-
withholding
9 649
25 784
-
-
total
9 649
25 784
-
-
Income
146 500
146 500
146 500
146 500
Total tax
55 933
55 084
58 360
59 510
After tax
90 567
91 416
88 140
86 990
Living cost
51 126
51 126
51 126
51 126
Free-cash
39 441
40 290
37 014
35 864

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96091
₽87766
₽25558
₽68758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
microenterprise
-
-
-
-
income
-
-
-
23 597
surtax
-
-
-
37 358
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.

-
-
-
38 877
total
-
-
-
99 832
Employee
29 650
-
104 009
-
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.

3 262
-
11 442
-
surtax
-
-
-
-
income
5 278
-
20 135
-
total
8 540
-
31 577
-
Employer
29 650
-
104 009
-
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.

7 142
-
25 055
-
surtax
-
-
-
-
total
7 142
-
25 055
-
Corporate
109 708
146 500
-
-
income

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

21 942
29 299
-
-
total
21 942
29 299
-
-
Dividends

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

87 767
117 201
-
-
total
-
-
-
-
Income
146 500
146 500
146 500
146 500
Total tax
37 624
29 299
56 632
99 832
After tax
108 876
117 201
89 868
46 668
Living cost
21 110
21 110
21 110
21 110
Free-cash
87 766
96 091
68 758
25 558

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽29546
₽23329
₽40617
₽45525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
38 976
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
63 376
Employee
86 650
86 650
127 643
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
15 211
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
39 611
-
Employer
86 650
86 650
127 643
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
45 739
44 677
-
-
income
9 148
8 935
-
-
total
9 148
8 935
-
-
Dividends
36 591
35 742
-
-
income
7 775
7 594
-
-
withholding
5 488
5 361
-
-
total
13 263
12 955
-
-
Income
146 500
146 500
146 500
146 500
Total tax
80 664
74 447
58 468
63 376
After tax
65 836
72 053
88 032
83 124
Living cost
42 507
42 507
42 507
42 507
Free-cash
23 329
29 546
45 525
40 617

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40884
₽40008
₽37734
₽36785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
municipal
-
-
-
36 282
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
8 550
total
-
-
-
69 661
Employee
55 722
-
119 571
-
municipal
16 616
-
35 656
-
national
-
-
8 025
-
total
16 616
-
43 681
-
Employer
55 722
-
119 571
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
73 271
146 500
-
-
income
16 119
32 230
-
-
total
16 119
32 230
-
-
Dividends
57 151
114 270
-
-
withholding
17 145
34 281
-
-
total
17 145
34 281
-
-
Income
146 500
146 500
146 500
146 500
Total tax
67 387
66 511
70 610
69 661
After tax
79 113
79 989
75 890
76 839
Living cost
39 105
39 105
39 105
39 105
Free-cash
40 008
40 884
36 785
37 734

Estimated living cost  is ₽39105 per week

₽25918
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.
₽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.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33331
₽47582
₽39367
₽55705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
trade
-
-
-
16 338
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.

-
-
-
41 709
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.

-
-
-
6 932
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.

-
-
-
2 293
total
-
-
-
67 272
Employee

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

51 457
-
146 500
-
health

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

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

6 932
-
6 932
-
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
-
2 293
-
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.

4 421
-
41 709
-
total
11 596
-
50 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 043
146 500
-
-
surtax

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

784
1 209
-
-
income
14 257
21 974
-
-
trade
15 636
24 098
-
-
chamber of commerce
289
362
-
-
total
30 966
47 643
-
-
Dividends
64 078
98 856
-
-
surtax

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

861
1 338
-
-
withholding
15 634
24 327
-
-
total
16 495
25 665
-
-
Income
146 500
146 500
146 500
146 500
Total tax
59 057
73 308
50 934
67 272
After tax
87 443
73 192
95 566
79 228
Living cost
39 861
39 861
39 861
39 861
Free-cash
47 582
33 331
55 705
39 367

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
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.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74066
₽69861
₽68835
₽67459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
24 601
health
-
-
-
3 736
social contributions
-
-
-
16 417
total
-
-
-
44 754
Employee
78 025
78 025
135 262
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
2 299
-
income
8 193
7 223
23 860
-
total
12 760
15 026
34 893
-
Employer
78 025
78 025
135 262
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
2 503
-
total
4 636
7 920
11 237
-
Corporate
96 191
60 556
-
-
income
12 023
7 569
-
-
total
12 023
7 569
-
-
Dividends
84 168
52 986
-
-
withholding
14 309
9 008
-
-
total
14 309
9 008
-
-
Income
146 500
146 500
146 500
146 500
Total tax
43 728
39 523
46 130
44 754
After tax
102 772
106 977
100 370
101 746
Living cost
32 911
32 911
32 911
32 911
Free-cash
69 861
74 066
67 459
68 835

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
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.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63889
₽64273
₽83011
₽66451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
17 910
pensions
-
-
-
14 650
unemployment
-
-
-
2 198
health
-
-
-
10 255
total
-
-
-
45 013
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.

26 671
10 615
122 594
-
health
1 867
743
8 582
-
income
3 260
1 298
14 987
-
pensions
2 667
1 061
12 259
-
unemployment
400
159
1 839
-
total
8 194
3 261
37 667
-
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.

26 671
10 615
122 594
-
pensions
5 201
2 070
23 906
-
total
5 201
2 070
23 906
-
Corporate
114 629
133 816
-
-
income
10 317
12 043
-
-
total
10 317
12 043
-
-
Dividends
104 312
121 772
-
-
social contributions
20 220
23 624
-
-
withholding
19 819
23 137
-
-
total
40 039
46 761
-
-
Income
146 500
146 500
146 500
146 500
Total tax
63 751
64 135
61 573
45 013
After tax
82 749
82 365
84 927
101 487
Living cost
18 476
18 476
18 476
18 476
Free-cash
64 273
63 889
66 451
83 011

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92693
₽86389
₽54016
₽59934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
19 631
pensions
-
-
-
29 299
health
-
-
-
19 046
total
-
-
-
67 976
Employee
28 785
-
109 491
-
income
3 241
-
21 110
-
pensions
576
-
2 189
-
unemployment
460
-
1 752
-
total
4 277
-
25 051
-
Employer
28 785
-
109 491
-
unemployment
231
-
876
-
pensions
5 757
-
21 897
-
health
3 741
-
14 234
-
total
9 729
-
37 007
-
Corporate
107 985
146 500
-
-
income
21 597
29 299
-
-
total
21 597
29 299
-
-
Dividends
86 388
117 201
-
-
total
-
-
-
-
Income
146 500
146 500
146 500
146 500
Total tax
35 603
29 299
62 058
67 976
After tax
110 897
117 201
84 442
78 524
Living cost
24 508
24 508
24 508
24 508
Free-cash
86 389
92 693
59 934
54 016

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10238
₽8478
₽78154
₽56400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
accident
-
-
-
254
income
-
-
-
39 244
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
46 242
Employee
34 771
-
130 072
-
health
3 981
-
14 893
-
income
4 770
-
29 008
-
pensions
3 915
-
7 666
-
total
12 666
-
51 567
-
Employer
34 771
-
130 072
-
accident
580
-
2 172
-
unemployment
852
-
3 187
-
pensions
5 654
-
11 070
-
total
7 086
-
16 429
-
Corporate
104 642
146 500
-
-
income

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

94 178
131 850
-
-
total
94 178
131 850
-
-
Dividends
10 464
14 650
-
-
withholding
1 988
2 784
-
-
total
1 988
2 784
-
-
Income
146 500
146 500
146 500
146 500
Total tax
115 918
134 634
67 996
46 242
After tax
30 582
11 866
78 504
100 258
Living cost
22 104
22 104
22 104
22 104
Free-cash
8 478
-10 238
56 400
78 154

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129913
₽128177
₽135773
₽107938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
146 500
microenterprise

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

-
-
-
1 465
total
-
-
-
1 465
Employee
11 577
-
146 500
-
income
2 315
-
29 300
-
total
2 315
-
29 300
-
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%.

134 923
146 500
-
-
total
-
-
-
-
Dividends
134 923
146 500
-
-
withholding
6 746
7 325
-
-
total
6 746
7 325
-
-
Income
146 500
146 500
146 500
146 500
Total tax
9 061
7 325
29 300
1 465
After tax
137 439
139 175
117 200
145 035
Living cost
9 262
9 262
9 262
9 262
Free-cash
128 177
129 913
107 938
135 773

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽80597
₽73742
₽50706
₽56766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
20 190
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.

-
-
-
35 161
other
-
-
-
6 959
health
-
-
-
6 447
total
-
-
-
68 757
Employee
36 842
-
117 010
-
health
516
-
1 639
-
income
6 343
-
22 209
-
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.

2 578
-
8 191
-
unemployment
368
-
1 171
-
total
9 805
-
33 210
-
Employer
36 842
-
117 010
-
accident
295
-
936
-
other
1 843
-
5 850
-
unemployment
368
-
1 171
-
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.

6 264
-
19 891
-
health
516
-
1 639
-
total
9 286
-
29 487
-
Corporate
100 373
146 500
-
-
income
21 079
30 765
-
-
total
21 079
30 765
-
-
Dividends
79 294
115 735
-
-
withholding
5 551
8 101
-
-
total
5 551
8 101
-
-
Income
146 500
146 500
146 500
146 500
Total tax
45 721
38 866
62 697
68 757
After tax
100 779
107 634
83 803
77 743
Living cost
27 037
27 037
27 037
27 037
Free-cash
73 742
80 597
56 766
50 706

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31068
₽27221
₽31213
₽17763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
38 272
pensions
-
-
-
8 536
total
-
-
-
46 808
Employee
96 888
-
128 288
-
health
1 597
-
1 992
-
income
17 465
-
29 308
-
pensions
9 347
-
10 746
-
total
28 409
-
42 046
-
Employer
96 888
-
128 288
-
pensions
11 440
-
15 774
-
health
1 840
-
2 438
-
total
13 280
-
18 212
-
Corporate
36 332
146 500
-
-
income

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

6 903
27 836
-
-
total
6 903
27 836
-
-
Dividends
29 430
118 664
-
-
withholding
2 208
19 117
-
-
total
2 208
19 117
-
-
Income
146 500
146 500
146 500
146 500
Total tax
50 800
46 953
60 258
46 808
After tax
95 700
99 547
86 242
99 692
Living cost
68 479
68 479
68 479
68 479
Free-cash
27 221
31 068
17 763
31 213

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽111944
₽107227
₽101742
₽107140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
21 975
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
31 445
Employee
17 628
-
139 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
13 954
-
pensions

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

1 548
-
3 114
-
total
4 316
-
19 089
-
Employer
17 628
-
139 542
-
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.

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
125 413
146 500
-
-
income
12 542
14 650
-
-
total
12 542
14 650
-
-
Dividends
112 872
131 850
-
-
withholding
5 643
6 593
-
-
total
5 643
6 593
-
-
Income
146 500
146 500
146 500
146 500
Total tax
25 960
21 243
26 047
31 445
After tax
120 540
125 257
120 453
115 055
Living cost
13 313
13 313
13 313
13 313
Free-cash
107 227
111 944
107 140
101 742

Estimated living cost  is ₽13313 per week

₽7772
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.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15787
₽18339
₽26858
₽31766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
38 976
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
63 376
Employee
94 074
86 650
127 643
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
15 211
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
39 611
-
Employer
94 074
86 650
127 643
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
35 955
44 677
-
-
income
7 190
8 935
-
-
total
7 190
8 935
-
-
Dividends
28 765
35 742
-
-
income
6 112
7 594
-
-
withholding
4 315
5 361
-
-
total
10 427
12 955
-
-
Income
146 500
146 500
146 500
146 500
Total tax
71 895
74 447
58 468
63 376
After tax
74 605
72 053
88 032
83 124
Living cost
56 266
56 266
56 266
56 266
Free-cash
18 339
15 787
31 766
26 858

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76539
₽67860
₽53634
₽50018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
13 758
health
-
-
-
19 777
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
68 540
Employee
35 774
-
109 328
-
social contributions
2 325
-
7 106
-
health
4 830
-
14 759
-
solidarity contribution
-
-
-
-
income
4 293
-
13 119
-
total
11 448
-
34 984
-
Employer
35 774
-
109 328
-
social contributions
8 944
-
27 332
-
health
3 220
-
9 840
-
total
12 164
-
37 172
-
Corporate
98 563
146 500
-
-
income
18 727
27 835
-
-
total
18 727
27 835
-
-
Dividends
79 836
118 665
-
-
withholding
11 975
17 800
-
-
total
11 975
17 800
-
-
Income
146 500
146 500
146 500
146 500
Total tax
54 314
45 635
72 156
68 540
After tax
92 186
100 865
74 344
77 960
Living cost
24 326
24 326
24 326
24 326
Free-cash
67 860
76 539
50 018
53 634

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35348
₽30049
₽29086
₽22203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
municipal
-
-
-
870
regional
-
-
-
1 695
national
-
-
-
34 354
social contributions
-
-
-
37 679
total
-
-
-
74 598
Employee
90 179
-
146 500
-
social contributions
30 408
-
49 400
-
regional
851
-
1 494
-
municipal
478
-
776
-
national
15 626
-
29 811
-
total
47 363
-
81 481
-
Employer
90 179
-
146 500
-
total
-
-
-
-
Corporate
56 321
146 500
-
-
nationa
13 517
35 161
-
-
municipal
2 197
5 713
-
-
total
15 714
40 874
-
-
Dividends
40 607
105 626
-
-
withholding
10 558
27 462
-
-
total
10 558
27 462
-
-
Income
146 500
146 500
146 500
146 500
Total tax
73 635
68 336
81 481
74 598
After tax
72 865
78 164
65 019
71 902
Living cost
42 816
42 816
42 816
42 816
Free-cash
30 049
35 348
22 203
29 086

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69759
₽66597
₽47127
₽43269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
35 057
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
4 995
total
-
-
-
76 982
Employee
33 555
-
121 025
-
other
-
-
-
-
health
857
-
3 085
-
surtax
110
-
4 384
-
income
5 625
-
31 402
-
pensions
2 237
-
8 072
-
unemployment
2 336
-
8 422
-
total
11 165
-
55 365
-
Employer
33 555
-
121 025
-
other
-
-
-
-
unemployment
1 063
-
3 836
-
pensions
4 473
-
16 132
-
health
1 527
-
5 507
-
total
7 063
-
25 475
-
Corporate
105 882
146 500
-
-
income
27 530
38 089
-
-
total
27 530
38 089
-
-
Dividends
78 352
108 411
-
-
withholding
11 754
16 261
-
-
total
11 754
16 261
-
-
Income
146 500
146 500
146 500
146 500
Total tax
57 512
54 350
80 840
76 982
After tax
88 988
92 150
65 660
69 518
Living cost
22 391
22 391
22 391
22 391
Free-cash
66 597
69 759
43 269
47 127

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52764
₽54923
₽52909
₽39459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
38 272
pensions
-
-
-
8 536
total
-
-
-
46 808
Employee
64 932
-
128 288
-
health
943
-
1 992
-
income
11 695
-
29 308
-
pensions
5 511
-
10 746
-
total
18 149
-
42 046
-
Employer
64 932
-
128 288
-
pensions
7 029
-
15 774
-
health
1 233
-
2 438
-
total
8 262
-
18 212
-
Corporate
73 306
146 500
-
-
income

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

13 929
27 836
-
-
total
13 929
27 836
-
-
Dividends
59 377
118 664
-
-
withholding
4 454
19 117
-
-
total
4 454
19 117
-
-
Income
146 500
146 500
146 500
146 500
Total tax
44 794
46 953
60 258
46 808
After tax
101 706
99 547
86 242
99 692
Living cost
46 783
46 783
46 783
46 783
Free-cash
54 923
52 764
39 459
52 909

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
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.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10336
₽22751
₽42677
₽35559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
city
-
-
-
1 545
pensions
-
-
-
13 479
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.

-
-
-
2 929
regional
-
-
-
6 460
health
-
-
-
330
national
-
-
-
1 754
total
-
-
-
26 497
Employee
90 491
-
131 124
-
city
971
-
1 408
-
regional
2 963
-
5 549
-
health
205
-
296
-
pensions
7 602
-
11 014
-
unemployment
-
-
-
-
national
428
-
1 416
-
total
12 169
-
19 683
-
Employer
90 491
-
131 124
-
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.

1 809
-
2 622
-
unemployment
-
-
-
-
pensions
7 602
-
11 014
-
health
205
-
296
-
total
9 616
-
13 932
-
Corporate
45 398
146 500
-
-
regional
9 602
30 986
-
-
national
3 859
12 452
-
-
total
13 461
43 438
-
-
Dividends
31 937
103 062
-
-
withholding
11 177
36 072
-
-
total
11 177
36 072
-
-
Income
146 500
146 500
146 500
146 500
Total tax
46 423
79 510
33 615
26 497
After tax
100 077
66 990
112 885
120 003
Living cost
77 326
77 326
77 326
77 326
Free-cash
22 751
-10 336
35 559
42 677

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25953
₽42405
₽32050
₽49083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
trade
-
-
-
17 033
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.

-
-
-
41 709
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.

-
-
-
6 932
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.

-
-
-
2 293
total
-
-
-
67 967
Employee

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

60 981
-
146 500
-
health

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

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

6 932
-
6 932
-
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
-
2 293
-
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.

7 171
-
41 709
-
total
14 498
-
50 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 519
146 500
-
-
surtax

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

705
1 209
-
-
income
12 828
21 974
-
-
trade
14 667
25 125
-
-
chamber of commerce
275
360
-
-
total
28 475
48 668
-
-
Dividends
57 044
97 832
-
-
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.

763
1 325
-
-
withholding
13 876
24 071
-
-
total
14 639
25 396
-
-
Income
146 500
146 500
146 500
146 500
Total tax
57 612
74 064
50 934
67 967
After tax
88 888
72 436
95 566
78 533
Living cost
46 483
46 483
46 483
46 483
Free-cash
42 405
25 953
49 083
32 050

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
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.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39119
₽45116
₽48360
₽49403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
20 322
pensions
-
-
-
29 196
other
-
-
-
4 542
health
-
-
-
5 189
surtax
-
-
-
-
social contributions
-
-
-
4 175
total
-
-
-
63 424
Employee
43 427
-
115 316
-
social contributions
1 238
-
3 285
-
surtax
-
-
-
-
income
2 563
-
20 701
-
pensions
4 910
-
7 215
-
total
8 711
-
31 201
-
Employer
43 427
-
115 316
-
other
1 498
-
4 156
-
social contributions
131
-
347
-
unemployment
1 758
-
4 669
-
pensions
7 134
-
12 290
-
health
3 040
-
9 718
-
total
13 561
-
31 180
-
Corporate
89 511
146 500
-
-
surtax
-
-
-
-
income
25 063
41 020
-
-
total
25 063
41 020
-
-
Dividends
64 448
105 480
-
-
surtax
-
-
-
-
social contributions
11 084
18 143
-
-
withholding
8 249
13 502
-
-
total
19 333
31 645
-
-
Income
146 500
146 500
146 500
146 500
Total tax
66 668
72 665
62 381
63 424
After tax
79 832
73 835
84 119
83 076
Living cost
34 716
34 716
34 716
34 716
Free-cash
45 116
39 119
49 403
48 360

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42559
₽48196
₽51800
₽52843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
20 322
pensions
-
-
-
29 196
other
-
-
-
4 542
health
-
-
-
5 189
surtax
-
-
-
-
social contributions
-
-
-
4 175
total
-
-
-
63 424
Employee
38 765
-
115 316
-
social contributions
1 105
-
3 285
-
surtax
-
-
-
-
income
1 999
-
20 701
-
pensions
4 384
-
7 215
-
total
7 488
-
31 201
-
Employer
38 765
-
115 316
-
other
1 338
-
4 156
-
social contributions
116
-
347
-
unemployment
1 569
-
4 669
-
pensions
6 370
-
12 290
-
health
2 713
-
9 718
-
total
12 106
-
31 180
-
Corporate
95 629
146 500
-
-
surtax
-
-
-
-
income
26 777
41 020
-
-
total
26 777
41 020
-
-
Dividends
68 852
105 480
-
-
surtax
-
-
-
-
social contributions
11 844
18 143
-
-
withholding
8 813
13 502
-
-
total
20 657
31 645
-
-
Income
146 500
146 500
146 500
146 500
Total tax
67 028
72 665
62 381
63 424
After tax
79 472
73 835
84 119
83 076
Living cost
31 276
31 276
31 276
31 276
Free-cash
48 196
42 559
52 843
51 800

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67862
₽68389
₽72567
₽70493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
21 974
health
-
-
-
10 227
social contributions
-
-
-
20 216
total
-
-
-
52 417
Employee
34 404
-
146 500
-
social contributions
4 748
-
20 216
-
health
2 401
-
10 227
-
income
5 738
-
24 048
-
total
12 887
-
54 491
-
Employer
34 404
-
146 500
-
total
-
-
-
-
Corporate
112 096
146 500
-
-
income

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

5 605
7 325
-
-
total
5 605
7 325
-
-
Dividends
106 491
139 175
-
-
health
7 433
9 714
-
-
social contributions
14 696
19 206
-
-
withholding
15 974
20 877
-
-
total
38 103
49 797
-
-
Income
146 500
146 500
146 500
146 500
Total tax
56 595
57 122
54 491
52 417
After tax
89 905
89 378
92 009
94 083
Living cost
21 516
21 516
21 516
21 516
Free-cash
68 389
67 862
70 493
72 567

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45612
₽44044
₽38974
₽2900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
chamber of commerce
-
-
-
585
income
-
-
-
33 767
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
71 772
Employee
50 709
40 437
113 606
-
other
506
404
1 136
-
health
1 962
1 565
4 396
-
income
5 773
2 983
26 942
-
pensions
5 193
4 140
11 632
-
unemployment
1 521
1 213
3 408
-
total
14 955
10 305
47 514
-
Employer
50 709
40 437
113 606
-
accident
659
526
1 477
-
other
2 409
1 920
5 395
-
chamber of commerce
202
162
454
-
unemployment
1 521
1 213
3 408
-
surtax
200
200
200
-
pensions
6 364
5 076
14 257
-
payroll
1 521
1 213
3 408
-
health
1 916
1 529
4 294
-
total
14 792
11 839
32 893
-
Corporate
80 998
94 225
109 755
-
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.

20 249
23 555
27 439
-
total
20 249
23 555
27 439
-
Dividends
60 749
70 670
-
-
withholding
16 706
19 435
-
-
total
16 706
19 435
-
-
Income
146 500
146 500
146 500
146 500
Total tax
66 702
65 134
107 846
71 772
After tax
79 798
81 366
38 654
74 728
Living cost
35 754
35 754
35 754
35 754
Free-cash
44 044
45 612
2 900
38 974

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45003
₽29783
₽27332
₽16379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
national
-
-
-
51 788
communal

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

-
-
-
7 411
social contributions
-
-
-
22 972
total
-
-
-
82 171
Employee

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

72 581
-
113 471
-
communal

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

3 786
-
5 919
-
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.

3 410
-
5 334
-
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.

5 444
-
8 511
-
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
-
988
-
national
22 314
-
39 343
-
total
35 586
-
60 095
-
Employer

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

72 581
-
113 471
-
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.

944
-
1 475
-
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.

1 059
-
1 656
-
surtax
8 230
-
12 867
-
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.

6 431
-
10 053
-
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.

4 463
-
6 978
-
total
21 127
-
33 029
-
Corporate
52 792
146 500
-
-
surtax
212
585
-
-
income
10 558
29 299
-
-
total
10 770
29 884
-
-
Dividends
42 022
116 615
-
-
withholding

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

12 237
34 616
-
-
total
12 237
34 616
-
-
Income
146 500
146 500
146 500
146 500
Total tax
79 720
64 500
93 124
82 171
After tax
66 780
82 000
53 376
64 329
Living cost
36 997
36 997
36 997
36 997
Free-cash
29 783
45 003
16 379
27 332

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
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.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61397
₽53876
₽45932
₽41275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
accident
-
-
-
847
income
-
-
-
35 708
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
63 923
Employee
50 509
-
116 517
-
other
50
-
94
-
income
10 657
-
32 624
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
38 597
-
Employer
50 509
-
116 517
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
79 892
146 500
-
-
income

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

11 985
21 974
-
-
total
11 985
21 974
-
-
Dividends
67 907
124 526
-
-
withholding
14 030
26 484
-
-
total
14 030
26 484
-
-
Income
146 500
146 500
146 500
146 500
Total tax
55 979
48 458
68 580
63 923
After tax
90 521
98 042
77 920
82 577
Living cost
36 645
36 645
36 645
36 645
Free-cash
53 876
61 397
41 275
45 932

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
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.
₽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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽32274
₽21038
₽20899
₽26737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
accident
-
-
-
1 234
income
-
-
-
20 453
pensions
-
-
-
21 959
health
-
-
-
10 292
surtax
-
-
-
7 263
communal
-
-
-
9 258
total
-
-
-
70 459
Employee
76 841
-
130 861
-
health
3 420
-
5 823
-
surtax
4 710
-
8 020
-
income
7 422
-
24 670
-
pensions
6 146
-
10 469
-
total
21 698
-
48 982
-
Employer
76 841
-
130 861
-
accident
691
-
1 178
-
pensions
6 146
-
10 469
-
health
2 343
-
3 992
-
total
9 180
-
15 639
-
Corporate
60 478
146 500
-
-
surtax
635
1 539
-
-
communal
4 082
9 890
-
-
income
9 071
21 974
-
-
total
13 788
33 403
-
-
Dividends
46 689
113 097
-
-
income
18 651
8 717
-
-
withholding
7 003
16 964
-
-
total
25 654
25 681
-
-
Income
146 500
146 500
146 500
146 500
Total tax
70 320
59 084
64 621
70 459
After tax
76 180
87 416
81 879
76 041
Living cost
55 142
55 142
55 142
55 142
Free-cash
21 038
32 274
26 737
20 899

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69359
₽66129
₽46727
₽42869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
35 057
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
4 995
total
-
-
-
76 982
Employee
34 171
-
121 025
-
other
-
-
-
-
health
872
-
3 085
-
surtax
121
-
4 384
-
income
5 729
-
31 402
-
pensions
2 280
-
8 072
-
unemployment
2 378
-
8 422
-
total
11 380
-
55 365
-
Employer
34 171
-
121 025
-
other
-
-
-
-
unemployment
1 084
-
3 836
-
pensions
4 556
-
16 132
-
health
1 554
-
5 507
-
total
7 194
-
25 475
-
Corporate
105 135
146 500
-
-
income
27 335
38 089
-
-
total
27 335
38 089
-
-
Dividends
77 800
108 411
-
-
withholding
11 671
16 261
-
-
total
11 671
16 261
-
-
Income
146 500
146 500
146 500
146 500
Total tax
57 580
54 350
80 840
76 982
After tax
88 920
92 150
65 660
69 518
Living cost
22 791
22 791
22 791
22 791
Free-cash
66 129
69 359
42 869
46 727

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49669
₽47420
₽44054
₽37209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
municipal
-
-
-
870
regional
-
-
-
2 210
national
-
-
-
34 354
social contributions
-
-
-
37 679
total
-
-
-
75 113
Employee
56 286
-
146 500
-
social contributions
18 980
-
49 400
-
regional
758
-
1 971
-
municipal
298
-
776
-
national
8 917
-
29 811
-
total
28 953
-
81 958
-
Employer
56 286
-
146 500
-
total
-
-
-
-
Corporate
90 214
146 500
-
-
nationa
21 651
35 161
-
-
municipal
4 483
7 281
-
-
total
26 134
42 442
-
-
Dividends
64 080
104 059
-
-
withholding
16 660
27 056
-
-
total
16 660
27 056
-
-
Income
146 500
146 500
146 500
146 500
Total tax
71 747
69 498
81 958
75 113
After tax
74 753
77 002
64 542
71 387
Living cost
27 333
27 333
27 333
27 333
Free-cash
47 420
49 669
37 209
44 054

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70888
₽60195
₽47983
₽44367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
13 758
health
-
-
-
19 777
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
68 540
Employee
44 083
-
109 328
-
social contributions
2 865
-
7 106
-
health
5 951
-
14 759
-
solidarity contribution
-
-
-
-
income
5 290
-
13 119
-
total
14 106
-
34 984
-
Employer
44 083
-
109 328
-
social contributions
11 021
-
27 332
-
health
3 967
-
9 840
-
total
14 988
-
37 172
-
Corporate
87 429
146 500
-
-
income
16 611
27 835
-
-
total
16 611
27 835
-
-
Dividends
70 817
118 665
-
-
withholding
10 623
17 800
-
-
total
10 623
17 800
-
-
Income
146 500
146 500
146 500
146 500
Total tax
56 328
45 635
72 156
68 540
After tax
90 172
100 865
74 344
77 960
Living cost
29 977
29 977
29 977
29 977
Free-cash
60 195
70 888
44 367
47 983

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49104
₽48598
₽42556
₽6314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
chamber of commerce
-
-
-
585
income
-
-
-
33 767
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
71 572
Employee
44 355
40 437
113 762
-
other
443
404
1 138
-
health
1 716
1 565
4 402
-
income
3 951
2 983
26 996
-
pensions
4 542
4 140
11 650
-
unemployment
1 331
1 213
3 412
-
total
11 983
10 305
47 598
-
Employer
44 355
40 437
113 762
-
accident
576
526
1 479
-
other
2 107
1 920
5 403
-
chamber of commerce
177
162
454
-
unemployment
1 331
1 213
3 412
-
surtax
-
-
-
-
pensions
5 567
5 076
14 278
-
payroll
1 331
1 213
3 412
-
health
1 677
1 529
4 300
-
total
12 766
11 639
32 738
-
Corporate
89 381
94 425
109 911
-
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.

22 346
23 605
27 478
-
total
22 346
23 605
27 478
-
Dividends
67 035
70 820
-
-
withholding
18 435
19 475
-
-
total
18 435
19 475
-
-
Income
146 500
146 500
146 500
146 500
Total tax
65 530
65 024
107 814
71 572
After tax
80 970
81 476
38 686
74 928
Living cost
32 372
32 372
32 372
32 372
Free-cash
48 598
49 104
6 314
42 556

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
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.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124742
₽122036
₽130602
₽102767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
146 500
microenterprise

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

-
-
-
1 465
total
-
-
-
1 465
Employee
18 041
-
146 500
-
income
3 608
-
29 300
-
total
3 608
-
29 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

128 459
146 500
-
-
total
-
-
-
-
Dividends
128 459
146 500
-
-
withholding
6 423
7 325
-
-
total
6 423
7 325
-
-
Income
146 500
146 500
146 500
146 500
Total tax
10 031
7 325
29 300
1 465
After tax
136 469
139 175
117 200
145 035
Living cost
14 433
14 433
14 433
14 433
Free-cash
122 036
124 742
102 767
130 602

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽73648
₽65162
₽45972
₽42092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
income
-
-
-
31 923
pensions
-
-
-
26 754
unemployment
-
-
-
220
health
-
-
-
14 415
total
-
-
-
73 312
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.

44 870
-
126 763
-
health
2 898
-
8 189
-
income
7 738
-
29 441
-
pensions
6 955
-
19 648
-
unemployment
64
-
177
-
total
17 655
-
57 455
-
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.

44 870
-
126 763
-
unemployment
27
-
75
-
pensions
3 970
-
11 218
-
health
2 988
-
8 444
-
total
6 985
-
19 737
-
Corporate
94 644
146 500
-
-
income
17 983
27 836
-
-
total
17 983
27 836
-
-
Dividends
76 662
118 664
-
-
withholding
11 499
17 800
-
-
total
11 499
17 800
-
-
Income
146 500
146 500
146 500
146 500
Total tax
54 122
45 636
77 192
73 312
After tax
92 378
100 864
69 308
73 188
Living cost
27 216
27 216
27 216
27 216
Free-cash
65 162
73 648
42 092
45 972

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
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.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45147
-₽5491
₽57259
₽89106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
28 556
social contributions
-
-
-
16 701
total
-
-
-
45 257
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
-
146 500
-
-
income
-
32 230
-
-
total
-
32 230
-
-
Dividends
-
114 270
-
-
income
-
25 139
-
-
total
-
25 139
-
-
Income
146 500
146 500
146 500
146 500
Total tax
108 007
57 369
13 410
45 257
After tax
38 493
89 131
133 090
101 243
Living cost
43 984
43 984
43 984
43 984
Free-cash
-5 491
45 147
89 106
57 259

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51503
₽50480
₽47739
₽37593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
income
-
-
-
16 026
surtax
-
-
-
-
social contributions

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

-
-
-
50 908
total
-
-
-
66 934
Employee
46 668
-
118 383
-
social contributions
5 134
-
13 023
-
surtax
-
-
-
-
income
9 707
-
35 942
-
total
14 841
-
48 965
-
Employer
46 668
-
118 383
-
social contributions
11 084
-
28 115
-
total
11 084
-
28 115
-
Corporate
88 749
146 500
-
-
surtax
-
-
-
-
income
18 637
30 765
-
-
total
18 637
30 765
-
-
Dividends
70 111
115 735
-
-
withholding
19 631
32 405
-
-
total
19 631
32 405
-
-
Income
146 500
146 500
146 500
146 500
Total tax
64 193
63 170
77 080
66 934
After tax
82 307
83 330
69 420
79 566
Living cost
31 827
31 827
31 827
31 827
Free-cash
50 480
51 503
37 593
47 739

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24827
₽31803
₽34068
₽35111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
20 322
pensions
-
-
-
29 196
other
-
-
-
4 542
health
-
-
-
5 189
surtax
-
-
-
-
social contributions
-
-
-
4 175
total
-
-
-
63 424
Employee
63 552
-
115 316
-
social contributions
1 810
-
3 285
-
surtax
-
-
-
-
income
5 545
-
20 701
-
pensions
7 188
-
7 215
-
total
14 543
-
31 201
-
Employer
63 552
-
115 316
-
other
2 193
-
4 156
-
social contributions
191
-
347
-
unemployment
2 574
-
4 669
-
pensions
10 442
-
12 290
-
health
4 448
-
9 718
-
total
19 848
-
31 180
-
Corporate
63 100
146 500
-
-
surtax
-
-
-
-
income
17 667
41 020
-
-
total
17 667
41 020
-
-
Dividends
45 433
105 480
-
-
surtax
-
-
-
-
social contributions
7 816
18 143
-
-
withholding
5 815
13 502
-
-
total
13 631
31 645
-
-
Income
146 500
146 500
146 500
146 500
Total tax
65 689
72 665
62 381
63 424
After tax
80 811
73 835
84 119
83 076
Living cost
49 008
49 008
49 008
49 008
Free-cash
31 803
24 827
35 111
34 068

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101349
₽97941
₽78505
₽82396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
5 264
social contributions
-
-
-
32 230
total
-
-
-
37 494
Employee
32 621
-
126 840
-
income
-
-
5 698
-
social contributions
2 120
-
8 245
-
total
2 120
-
13 943
-
Employer
32 621
-
126 840
-
social contributions
5 057
-
19 660
-
total
5 057
-
19 660
-
Corporate
108 822
146 500
-
-
income
10 881
14 650
-
-
total
10 881
14 650
-
-
Dividends
97 941
131 850
-
-
total
-
-
-
-
Income
146 500
146 500
146 500
146 500
Total tax
18 058
14 650
33 603
37 494
After tax
128 442
131 850
112 897
109 006
Living cost
30 501
30 501
30 501
30 501
Free-cash
97 941
101 349
82 396
78 505

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽74601
-₽74601
₽39392
-₽74601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
municipal
-
-
-
29 559
pensions
-
-
-
880
national
-
-
-
16 146
labour market
-
-
-
11 650
total
-
-
-
58 235
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
146 500
146 500
146 500
146 500
Total tax
172 228
172 228
172 228
58 235
After tax
-25 728
-25 728
-25 728
88 265
Living cost
48 873
48 873
48 873
48 873
Free-cash
-74 601
-74 601
-74 601
39 392

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
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.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9912
₽8527
₽78480
₽56726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
accident
-
-
-
254
income
-
-
-
39 244
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
46 242
Employee
34 259
-
130 072
-
health
3 923
-
14 893
-
income
4 700
-
29 008
-
pensions
3 858
-
7 666
-
total
12 481
-
51 567
-
Employer
34 259
-
130 072
-
accident
572
-
2 172
-
unemployment
839
-
3 187
-
pensions
5 570
-
11 070
-
total
6 981
-
16 429
-
Corporate
105 259
146 500
-
-
income

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

94 733
131 850
-
-
total
94 733
131 850
-
-
Dividends
10 526
14 650
-
-
withholding
2 000
2 784
-
-
total
2 000
2 784
-
-
Income
146 500
146 500
146 500
146 500
Total tax
116 195
134 634
67 996
46 242
After tax
30 305
11 866
78 504
100 258
Living cost
21 778
21 778
21 778
21 778
Free-cash
8 527
-9 912
56 726
78 480

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54845
₽56507
₽60033
₽39946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
146 500
municipal
-
-
-
26 039
health
-
-
-
1 833
national
-
-
-
19 638
total
-
-
-
47 510
Employee
53 385
-
123 243
-
health
399
-
1 475
-
municipal
8 744
-
20 087
-
pensions
3 603
-
8 318
-
unemployment
801
-
1 849
-
national
882
-
12 612
-
total
14 429
-
44 341
-
Employer
53 385
-
123 243
-
accident
54
-
123
-
unemployment
347
-
801
-
pensions
9 262
-
21 383
-
health
410
-
949
-
total
10 073
-
23 256
-
Corporate
83 043
146 500
-
-
income
16 608
29 299
-
-
total
16 608
29 299
-
-
Dividends

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

49 826
87 901
-
-
national
957
7 577
-
-
municipal
8 969
15 822
-
-
total
9 926
23 399
-
-
Income
146 500
146 500
146 500
146 500
Total tax
51 036
52 698
67 597
47 510
After tax
95 464
93 802
78 903
98 990
Living cost
38 957
38 957
38 957
38 957
Free-cash
56 507
54 845
39 946
60 033

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83484
₽77961
₽78253
₽76877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
24 601
health
-
-
-
3 736
social contributions
-
-
-
16 417
total
-
-
-
44 754
Employee
78 025
78 025
135 262
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
2 299
-
income
8 496
7 223
23 860
-
total
12 051
15 026
34 893
-
Employer
78 025
78 025
135 262
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
2 503
-
total
3 607
7 920
11 237
-
Corporate
107 351
60 556
-
-
income
13 419
7 569
-
-
total
13 419
7 569
-
-
Dividends
93 931
52 986
-
-
withholding
15 969
9 008
-
-
total
15 969
9 008
-
-
Income
146 500
146 500
146 500
146 500
Total tax
45 046
39 523
46 130
44 754
After tax
101 454
106 977
100 370
101 746
Living cost
23 493
23 493
23 493
23 493
Free-cash
77 961
83 484
76 877
78 253

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105208
₽100045
₽105595
₽85244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
146 500
income
-
-
-
14 640
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
24 795
Employee

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

23 291
-
136 583
-
health
1 979
-
8 184
-
income
1 592
-
12 123
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
35 230
-
Employer

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

23 291
-
136 583
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
120 812
146 500
-
-
income
10 874
13 184
-
-
total
10 874
13 184
-
-
Dividends
109 939
133 316
-
-
withholding
9 894
11 998
-
-
total
9 894
11 998
-
-
Income
146 500
146 500
146 500
146 500
Total tax
30 345
25 182
45 146
24 795
After tax
116 155
121 318
101 354
121 705
Living cost
16 110
16 110
16 110
16 110
Free-cash
100 045
105 208
85 244
105 595

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70139
₽65380
₽54674
₽50017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
accident
-
-
-
847
income
-
-
-
35 708
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
63 923
Employee
37 519
-
116 517
-
other
37
-
94
-
income
7 233
-
32 624
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
38 597
-
Employer
37 519
-
116 517
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
97 020
146 500
-
-
income

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

14 553
21 974
-
-
total
14 553
21 974
-
-
Dividends
82 466
124 526
-
-
withholding
17 087
26 484
-
-
total
17 087
26 484
-
-
Income
146 500
146 500
146 500
146 500
Total tax
53 217
48 458
68 580
63 923
After tax
93 283
98 042
77 920
82 577
Living cost
27 903
27 903
27 903
27 903
Free-cash
65 380
70 139
50 017
54 674

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
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.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88629
₽88172
₽90801
₽90603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
49 405
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
52 912
Employee
4 245
-
144 213
-
health
212
-
508
-
income
821
-
49 298
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
50 823
-
Employer
4 245
-
144 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
141 299
146 500
-
-
income
31 086
32 230
-
-
total
31 086
32 230
-
-
Dividends
110 214
114 270
-
-
withholding
22 043
22 854
-
-
total
22 043
22 854
-
-
Income
146 500
146 500
146 500
146 500
Total tax
55 541
55 084
53 110
52 912
After tax
90 959
91 416
93 390
93 588
Living cost
2 787
2 787
2 787
2 787
Free-cash
88 172
88 629
90 603
90 801

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
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.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88291
₽83297
₽68203
₽68201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
income
-
-
-
32 385
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
60 742
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.

26 472
-
133 071
-
health
1 363
-
3 864
-
income
3 649
-
32 385
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
47 315
-
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.

26 472
-
133 071
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
115 290
146 500
-
-
income
17 293
21 975
-
-
total
17 293
21 975
-
-
Dividends
97 996
124 525
-
-
withholding
14 699
18 679
-
-
total
14 699
18 679
-
-
Income
146 500
146 500
146 500
146 500
Total tax
45 648
40 654
60 744
60 742
After tax
100 852
105 846
85 756
85 758
Living cost
17 555
17 555
17 555
17 555
Free-cash
83 297
88 291
68 201
68 203

Estimated living cost  is ₽17555 per week

₽11820
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.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55975
₽55609
₽52211
₽42065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
income
-
-
-
16 026
surtax
-
-
-
-
social contributions

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

-
-
-
50 908
total
-
-
-
66 934
Employee
39 382
-
118 383
-
social contributions
4 333
-
13 023
-
surtax
-
-
-
-
income
7 695
-
35 942
-
total
12 028
-
48 965
-
Employer
39 382
-
118 383
-
social contributions
9 352
-
28 115
-
total
9 352
-
28 115
-
Corporate
97 765
146 500
-
-
surtax
-
-
-
-
income
20 530
30 765
-
-
total
20 530
30 765
-
-
Dividends
77 235
115 735
-
-
withholding
21 626
32 405
-
-
total
21 626
32 405
-
-
Income
146 500
146 500
146 500
146 500
Total tax
63 536
63 170
77 080
66 934
After tax
82 964
83 330
69 420
79 566
Living cost
27 355
27 355
27 355
27 355
Free-cash
55 609
55 975
42 065
52 211

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62381
₽55207
₽46916
₽42259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
accident
-
-
-
847
income
-
-
-
35 708
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
63 923
Employee
49 005
-
116 517
-
other
48
-
94
-
income
10 235
-
32 624
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
38 597
-
Employer
49 005
-
116 517
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
81 871
146 500
-
-
income

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

12 281
21 974
-
-
total
12 281
21 974
-
-
Dividends
69 590
124 526
-
-
withholding
14 382
26 484
-
-
total
14 382
26 484
-
-
Income
146 500
146 500
146 500
146 500
Total tax
55 632
48 458
68 580
63 923
After tax
90 868
98 042
77 920
82 577
Living cost
35 661
35 661
35 661
35 661
Free-cash
55 207
62 381
42 259
46 916

Estimated living cost  is ₽35661 per week

₽25610
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.
₽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.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107790
₽101603
₽97588
₽102986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
21 975
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
31 445
Employee
23 129
-
139 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
13 954
-
pensions

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

2 030
-
3 114
-
total
5 661
-
19 089
-
Employer
23 129
-
139 542
-
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.

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
118 834
146 500
-
-
income
11 883
14 650
-
-
total
11 883
14 650
-
-
Dividends
106 950
131 850
-
-
withholding
5 348
6 593
-
-
total
5 348
6 593
-
-
Income
146 500
146 500
146 500
146 500
Total tax
27 430
21 243
26 047
31 445
After tax
119 070
125 257
120 453
115 055
Living cost
17 467
17 467
17 467
17 467
Free-cash
101 603
107 790
102 986
97 588

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
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.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36273
₽49550
₽42139
₽56392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
trade
-
-
-
14 253
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.

-
-
-
41 709
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.

-
-
-
6 932
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.

-
-
-
2 293
total
-
-
-
65 187
Employee

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

50 487
-
146 500
-
health

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

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

6 932
-
6 932
-
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
-
2 293
-
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.

4 152
-
41 709
-
total
11 313
-
50 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 013
146 500
-
-
surtax

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

791
1 209
-
-
income
14 401
21 974
-
-
trade
13 777
21 023
-
-
chamber of commerce
295
370
-
-
total
29 264
44 576
-
-
Dividends
66 748
101 923
-
-
surtax

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

897
1 381
-
-
withholding
16 302
25 096
-
-
total
17 199
26 477
-
-
Income
146 500
146 500
146 500
146 500
Total tax
57 776
71 053
50 934
65 187
After tax
88 724
75 447
95 566
81 313
Living cost
39 174
39 174
39 174
39 174
Free-cash
49 550
36 273
56 392
42 139

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44750
₽46988
₽23175
₽23175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
41 829
social contributions
-
-
-
23 695
total
-
-
-
65 524
Employee
79 371
-
146 500
-
income
14 977
-
41 829
-
social contributions
6 594
-
23 695
-
total
21 571
-
65 524
-
Employer
79 371
-
146 500
-
total
-
-
-
-
Corporate
67 129
146 500
-
-
income
8 392
18 312
-
-
total
8 392
18 312
-
-
Dividends
58 737
128 188
-
-
withholding
11 748
25 637
-
-
total
11 748
25 637
-
-
Income
146 500
146 500
146 500
146 500
Total tax
41 711
43 949
65 524
65 524
After tax
104 789
102 551
80 976
80 976
Living cost
57 801
57 801
57 801
57 801
Free-cash
46 988
44 750
23 175
23 175

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
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.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53030
₽56576
₽73973
₽69297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
income
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
141 832
-
income
5 051
-
31 034
-
social contributions
4 664
-
4 668
-
total
9 715
-
35 702
-
Employer
46 548
-
141 832
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
95 289
146 500
-
-
income
33 351
51 276
-
-
total
33 351
51 276
-
-
Dividends
61 938
95 224
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
146 500
146 500
146 500
146 500
Total tax
53 091
56 637
40 370
35 694
After tax
93 409
89 863
106 130
110 806
Living cost
36 833
36 833
36 833
36 833
Free-cash
56 576
53 030
69 297
73 973

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61514
₽65956
₽61659
₽48209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
income
-
-
-
38 272
pensions
-
-
-
8 536
total
-
-
-
46 808
Employee
52 206
-
128 288
-
health
681
-
1 992
-
income
9 507
-
29 308
-
pensions
3 985
-
10 746
-
total
14 173
-
42 046
-
Employer
52 206
-
128 288
-
pensions
5 274
-
15 774
-
health
992
-
2 438
-
total
6 266
-
18 212
-
Corporate
88 027
146 500
-
-
income

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

16 725
27 836
-
-
total
16 725
27 836
-
-
Dividends
71 302
118 664
-
-
withholding
5 347
19 117
-
-
total
5 347
19 117
-
-
Income
146 500
146 500
146 500
146 500
Total tax
42 511
46 953
60 258
46 808
After tax
103 989
99 547
86 242
99 692
Living cost
38 033
38 033
38 033
38 033
Free-cash
65 956
61 514
48 209
61 659

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12069
₽8196
₽76323
₽54569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
accident
-
-
-
254
income
-
-
-
39 244
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
46 242
Employee
37 650
-
130 072
-
health
4 311
-
14 893
-
income
5 165
-
29 008
-
pensions
4 239
-
7 666
-
total
13 715
-
51 567
-
Employer
37 650
-
130 072
-
accident
629
-
2 172
-
unemployment
922
-
3 187
-
pensions
6 122
-
11 070
-
total
7 673
-
16 429
-
Corporate
101 177
146 500
-
-
income

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

91 059
131 850
-
-
total
91 059
131 850
-
-
Dividends
10 118
14 650
-
-
withholding
1 922
2 784
-
-
total
1 922
2 784
-
-
Income
146 500
146 500
146 500
146 500
Total tax
114 369
134 634
67 996
46 242
After tax
32 131
11 866
78 504
100 258
Living cost
23 935
23 935
23 935
23 935
Free-cash
8 196
-12 069
54 569
76 323

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109575
₽104826
₽68841
₽86816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
146 500
work injury
-
-
-
732
health insurance
-
-
-
10 841
income
-
-
-
23 667
pensions
-
-
-
26 956
unemployment
-
-
-
1 758
total
-
-
-
63 954
Employee

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

21 928
-
146 500
-
work injury
110
-
406
-
income
2 193
-
23 667
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
45 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 572
146 500
-
-
income

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

1 246
1 465
-
-
total
1 246
1 465
-
-
Dividends
123 326
145 035
-
-
withholding
18 499
21 755
-
-
total
18 499
21 755
-
-
Income
146 500
146 500
146 500
146 500
Total tax
27 969
23 220
45 979
63 954
After tax
118 531
123 280
100 521
82 546
Living cost
13 705
13 705
13 705
13 705
Free-cash
104 826
109 575
86 816
68 841

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36743
₽32128
₽29743
₽23113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
146 500
municipal
-
-
-
980
regional
-
-
-
3 321
national
-
-
-
34 354
social contributions
-
-
-
37 679
total
-
-
-
76 334
Employee
85 504
-
146 500
-
social contributions
28 831
-
49 400
-
regional
1 291
-
2 879
-
municipal
510
-
874
-
national
14 449
-
29 811
-
total
45 081
-
82 964
-
Employer
85 504
-
146 500
-
total
-
-
-
-
Corporate
60 996
146 500
-
-
nationa
14 640
35 161
-
-
municipal
2 940
7 061
-
-
total
17 580
42 222
-
-
Dividends
43 416
104 278
-
-
withholding
11 288
27 112
-
-
total
11 288
27 112
-
-
Income
146 500
146 500
146 500
146 500
Total tax
73 949
69 334
82 964
76 334
After tax
72 551
77 166
63 536
70 166
Living cost
40 423
40 423
40 423
40 423
Free-cash
32 128
36 743
23 113
29 743

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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