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
₽ 147000
per

Your estimated
City
free-cash

Dresden , Germany
₽65404
₽43997
₽49551
₽55021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
surtax

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

-
-
-
2 325
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.

-
-
-
42 270
trade
-
-
-
15 853
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.

-
-
-
6 810
total
-
-
-
67 258
Employee

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

38 124
-
147 000
-
surtax

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

59
-
2 325
-
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.

1 065
-
42 270
-
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.

6 810
-
6 810
-
total
7 934
-
51 405
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 876
147 000
-
-
trade
17 149
23 152
-
-
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.

898
1 212
-
-
income
16 332
22 050
-
-
chamber of commerce
308
363
-
-
total
34 687
46 777
-
-
Dividends
74 189
100 222
-
-
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.

999
1 358
-
-
withholding
18 168
24 677
-
-
total
19 167
26 035
-
-
Income
147 000
147 000
147 000
147 000
Total tax
61 788
72 812
51 405
67 258
After tax
85 212
74 188
95 595
79 742
Living cost
30 191
30 191
30 191
30 191
Free-cash
55 021
43 997
65 404
49 551

Estimated living cost  is ₽30191 per week

₽18991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
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.
₽7116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35403
₽38574
₽34249
₽37689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
17 640
municipal
-
-
-
15 837
national
-
-
-
24 540
social contributions
-
-
-
1 580
total
-
-
-
59 597
Employee
82 399
-
127 080
-
national
15 771
-
25 422
-
municipal
10 178
-
16 406
-
pensions
3 296
-
5 083
-
total
29 245
-
46 911
-
Employer
82 399
-
127 080
-
pensions
6 592
-
10 166
-
social contributions
886
-
1 366
-
total
7 478
-
11 532
-
Corporate
51 685
147 000
-
-
income

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

10 337
29 400
-
-
total
10 337
29 400
-
-
Dividends
41 348
117 600
-
-
withholding
9 097
25 872
-
-
total
9 097
25 872
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 157
55 272
58 443
59 597
After tax
90 843
91 728
88 557
87 403
Living cost
53 154
53 154
53 154
53 154
Free-cash
37 689
38 574
35 403
34 249

Estimated living cost  is ₽53154 per week

₽36128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽796
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69063
₽96863
₽26696
₽88685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
microenterprise
-
-
-
-
surtax
-
-
-
37 485
income
-
-
-
23 892
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.

-
-
-
38 190
total
-
-
-
99 567
Employee
29 126
-
104 995
-
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.

3 204
-
11 550
-
surtax
-
-
-
-
income
5 185
-
20 356
-
total
8 389
-
31 906
-
Employer
29 126
-
104 995
-
surtax
-
-
-
-
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.

7 016
-
25 294
-
total
7 016
-
25 294
-
Corporate
110 859
147 000
-
-
income

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

22 173
29 400
-
-
total
22 173
29 400
-
-
Dividends

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

88 686
117 600
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
37 578
29 400
57 200
99 567
After tax
109 422
117 600
89 800
47 433
Living cost
20 737
20 737
20 737
20 737
Free-cash
88 685
96 863
69 063
26 696

Estimated living cost  is ₽20737 per week

₽13229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46985
₽30597
₽41389
₽24491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
11 678
income
-
-
-
39 886
health
-
-
-
12 291
total
-
-
-
63 855
Employee
85 119
85 119
128 476
-
pensions
15 321
11 678
11 678
-
income

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

13 933
13 933
15 766
-
health
13 065
11 113
12 291
-
total
42 319
36 724
39 735
-
Employer
85 119
85 119
128 476
-
pensions
5 924
5 924
7 364
-
health
5 917
5 917
7 352
-
unemployment
3 064
3 064
3 808
-
total
14 905
14 905
18 524
-
Corporate
48 020
46 975
-
-
income
9 603
9 395
-
-
total
9 603
9 395
-
-
Dividends
38 416
37 580
-
-
withholding
5 762
5 637
-
-
income
8 164
7 986
-
-
total
13 926
13 623
-
-
Income
147 000
147 000
147 000
147 000
Total tax
80 753
74 647
58 259
63 855
After tax
66 247
72 353
88 741
83 145
Living cost
41 756
41 756
41 756
41 756
Free-cash
24 491
30 597
46 985
41 389

Estimated living cost  is ₽41756 per week

₽29591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽664
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35802
₽39549
₽36791
₽38636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
9 646
accident
-
-
-
178
unemployment
-
-
-
89
other
-
-
-
10 368
municipal
-
-
-
36 127
national
-
-
-
7 520
health
-
-
-
5 568
total
-
-
-
69 496
Employee
58 013
-
118 964
-
national
-
-
6 974
-
municipal
17 299
-
35 475
-
total
17 299
-
42 449
-
Employer
58 013
-
118 964
-
pensions
6 271
-
9 646
-
other
6 741
-
10 368
-
health
3 568
-
5 488
-
unemployment
1 531
-
2 356
-
accident
116
-
178
-
total
18 227
-
28 036
-
Corporate
70 760
147 000
-
-
income
15 567
32 340
-
-
total
15 567
32 340
-
-
Dividends
55 193
114 660
-
-
withholding
16 558
34 398
-
-
total
16 558
34 398
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 651
66 738
70 485
69 496
After tax
79 349
80 262
76 515
77 504
Living cost
40 713
40 713
40 713
40 713
Free-cash
38 636
39 549
35 802
36 791

Estimated living cost  is ₽40713 per week

₽26983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56438
₽34276
₽39879
₽48280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
surtax

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

-
-
-
2 325
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.

-
-
-
42 270
trade
-
-
-
16 559
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.

-
-
-
6 810
total
-
-
-
67 964
Employee

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

50 548
-
147 000
-
surtax

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

238
-
2 325
-
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.

4 343
-
42 270
-
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.

6 810
-
6 810
-
total
11 391
-
51 405
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 452
147 000
-
-
trade
15 866
24 181
-
-
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.

796
1 212
-
-
income
14 468
22 050
-
-
chamber of commerce
289
361
-
-
total
31 419
47 804
-
-
Dividends
65 032
99 195
-
-
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.

874
1 343
-
-
withholding
15 879
24 420
-
-
total
16 753
25 763
-
-
Income
147 000
147 000
147 000
147 000
Total tax
59 563
73 567
51 405
67 964
After tax
87 437
73 433
95 595
79 036
Living cost
39 157
39 157
39 157
39 157
Free-cash
48 280
34 276
56 438
39 879

Estimated living cost  is ₽39157 per week

₽26188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68206
₽75001
₽69576
₽70869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
25 218
health
-
-
-
3 749
social contributions
-
-
-
16 127
total
-
-
-
45 094
Employee
76 646
76 646
135 906
-
social contributions
3 724
6 361
8 580
-
income
8 048
7 095
24 480
-
health
762
1 303
2 310
-
total
12 534
14 759
35 370
-
Employer
76 646
76 646
135 906
-
social contributions
3 724
6 361
8 580
-
health
830
1 419
2 514
-
total
4 554
7 780
11 094
-
Corporate
97 580
62 574
-
-
income
12 197
7 822
-
-
total
12 197
7 822
-
-
Dividends
85 383
54 753
-
-
withholding
14 516
9 308
-
-
total
14 516
9 308
-
-
Income
147 000
147 000
147 000
147 000
Total tax
43 801
39 669
46 464
45 094
After tax
103 199
107 331
100 536
101 906
Living cost
32 330
32 330
32 330
32 330
Free-cash
70 869
75 001
68 206
69 576

Estimated living cost  is ₽32330 per week

₽22101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65611
₽63061
₽82227
₽63468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
14 700
unemployment
-
-
-
2 205
income
-
-
-
17 971
health
-
-
-
10 290
total
-
-
-
45 166
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.

28 302
11 264
123 013
-
unemployment
425
169
1 845
-
pensions
2 830
1 126
12 301
-
income
3 460
1 377
15 038
-
health
1 981
788
8 611
-
total
8 696
3 460
37 795
-
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.

28 302
11 264
123 013
-
pensions
5 519
2 196
23 987
-
total
5 519
2 196
23 987
-
Corporate
113 179
133 540
-
-
income
10 186
12 019
-
-
total
10 186
12 019
-
-
Dividends
102 993
121 521
-
-
withholding
19 569
23 089
-
-
social contributions
19 955
23 568
-
-
total
39 524
46 657
-
-
Income
147 000
147 000
147 000
147 000
Total tax
63 925
64 332
61 782
45 166
After tax
83 075
82 668
85 218
101 834
Living cost
19 606
19 606
19 606
19 606
Free-cash
63 468
63 061
65 611
82 227

Estimated living cost  is ₽19606 per week

₽13380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60654
₽93525
₽54717
₽87332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
29 400
income
-
-
-
19 698
health
-
-
-
19 110
total
-
-
-
68 208
Employee
28 277
-
109 865
-
unemployment
452
-
1 757
-
pensions
566
-
2 198
-
income
3 183
-
21 181
-
total
4 201
-
25 136
-
Employer
28 277
-
109 865
-
pensions
5 656
-
21 972
-
health
3 675
-
14 283
-
unemployment
227
-
880
-
total
9 558
-
37 135
-
Corporate
109 166
147 000
-
-
income
21 834
29 400
-
-
total
21 834
29 400
-
-
Dividends
87 332
117 600
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
35 593
29 400
62 271
68 208
After tax
111 407
117 600
84 729
78 792
Living cost
24 075
24 075
24 075
24 075
Free-cash
87 332
93 525
60 654
54 717

Estimated living cost  is ₽24075 per week

₽16513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1434
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.
₽5644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56962
-₽9984
₽78701
₽8549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
4 140
accident
-
-
-
251
other
-
-
-
369
income
-
-
-
39 478
health
-
-
-
2 170
total
-
-
-
46 408
Employee
34 436
-
130 655
-
pensions
3 878
-
7 592
-
income
4 724
-
29 249
-
health
3 943
-
14 960
-
total
12 545
-
51 801
-
Employer
34 436
-
130 655
-
pensions
5 599
-
10 963
-
unemployment
844
-
3 201
-
accident
575
-
2 182
-
total
7 018
-
16 346
-
Corporate
105 546
147 000
-
-
income

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

94 992
132 300
-
-
total
94 992
132 300
-
-
Dividends
10 555
14 700
-
-
withholding
2 005
2 793
-
-
total
2 005
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
116 560
135 093
68 147
46 408
After tax
30 440
11 907
78 853
100 592
Living cost
21 891
21 891
21 891
21 891
Free-cash
8 549
-9 984
56 962
78 701

Estimated living cost  is ₽21891 per week

₽16044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109084
₽131134
₽137014
₽129537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
147 000
microenterprise

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

-
-
-
1 470
total
-
-
-
1 470
Employee
10 645
-
147 000
-
income
2 129
-
29 400
-
total
2 129
-
29 400
-
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%.

136 355
147 000
-
-
total
-
-
-
-
Dividends
136 355
147 000
-
-
withholding
6 818
7 350
-
-
total
6 818
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
8 947
7 350
29 400
1 470
After tax
138 053
139 650
117 600
145 530
Living cost
8 516
8 516
8 516
8 516
Free-cash
129 537
131 134
109 084
137 014

Estimated living cost  is ₽8516 per week

₽5277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57437
₽81440
₽51361
₽74710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
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.

-
-
-
35 281
other
-
-
-
6 982
income
-
-
-
20 349
health
-
-
-
6 467
total
-
-
-
69 079
Employee
36 191
-
117 413
-
unemployment
361
-
1 175
-
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.

2 533
-
8 219
-
income
6 231
-
22 377
-
health
507
-
1 644
-
total
9 632
-
33 415
-
Employer
36 191
-
117 413
-
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.

6 153
-
19 960
-
other
1 810
-
5 869
-
health
507
-
1 644
-
unemployment
361
-
1 175
-
accident
289
-
940
-
total
9 120
-
29 588
-
Corporate
101 688
147 000
-
-
income
21 354
30 870
-
-
total
21 354
30 870
-
-
Dividends
80 334
116 130
-
-
withholding
5 624
8 130
-
-
total
5 624
8 130
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 730
39 000
63 003
69 079
After tax
101 270
108 000
83 997
77 921
Living cost
26 560
26 560
26 560
26 560
Free-cash
74 710
81 440
57 437
51 361

Estimated living cost  is ₽26560 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19061
₽32258
₽32530
₽29136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
8 441
income
-
-
-
38 828
total
-
-
-
47 269
Employee
95 079
-
128 690
-
pensions
9 173
-
10 600
-
income
17 139
-
29 846
-
health
1 567
-
1 983
-
total
27 879
-
42 429
-
Employer
95 079
-
128 690
-
pensions
11 226
-
15 864
-
health
1 806
-
2 445
-
total
13 032
-
18 309
-
Corporate
38 889
147 000
-
-
income

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

7 389
27 929
-
-
total
7 389
27 929
-
-
Dividends
31 500
119 071
-
-
withholding
2 363
19 612
-
-
total
2 363
19 612
-
-
Income
147 000
147 000
147 000
147 000
Total tax
50 663
47 541
60 738
47 269
After tax
96 337
99 459
86 262
99 731
Living cost
67 201
67 201
67 201
67 201
Free-cash
29 136
32 258
19 061
32 530

Estimated living cost  is ₽67201 per week

₽50355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽108146
₽112672
₽102680
₽108060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions

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

-
-
-
5 131
unemployment
-
-
-
139
income
-
-
-
22 050
health
-
-
-
3 987
total
-
-
-
31 307
Employee
17 232
-
140 198
-
pensions

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

1 513
-
3 044
-
income
1 723
-
14 020
-
accident

We are using the highest rate at 1.1%.

190
-
381
-
health
793
-
1 595
-
total
4 219
-
19 040
-
Employer
17 232
-
140 198
-
pensions

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

1 899
-
3 820
-
health
1 189
-
2 392
-
unemployment
103
-
208
-
accident

We are using the highest rate at 1.1%.

190
-
381
-
total
3 381
-
6 801
-
Corporate
126 387
147 000
-
-
income
12 639
14 700
-
-
total
12 639
14 700
-
-
Dividends
113 748
132 300
-
-
withholding
5 688
6 615
-
-
total
5 688
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
25 927
21 315
25 841
31 307
After tax
121 073
125 685
121 159
115 693
Living cost
13 013
13 013
13 013
13 013
Free-cash
108 060
112 672
108 146
102 680

Estimated living cost  is ₽13013 per week

₽7597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33469
₽17081
₽27873
₽19586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
11 678
income
-
-
-
39 886
health
-
-
-
12 291
total
-
-
-
63 855
Employee
92 412
85 119
128 476
-
pensions
11 678
11 678
11 678
-
income

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

13 933
13 933
15 766
-
health
11 529
11 113
12 291
-
total
37 140
36 724
39 735
-
Employer
92 412
85 119
128 476
-
pensions
6 431
5 924
7 364
-
health
6 422
5 917
7 352
-
unemployment
3 327
3 064
3 808
-
total
16 180
14 905
18 524
-
Corporate
38 408
46 975
-
-
income
7 682
9 395
-
-
total
7 682
9 395
-
-
Dividends
30 726
37 580
-
-
withholding
4 610
5 637
-
-
income
6 530
7 986
-
-
total
11 140
13 623
-
-
Income
147 000
147 000
147 000
147 000
Total tax
72 142
74 647
58 259
63 855
After tax
74 858
72 353
88 741
83 145
Living cost
55 272
55 272
55 272
55 272
Free-cash
19 586
17 081
33 469
27 873

Estimated living cost  is ₽55272 per week

₽40772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49706
₽76318
₽52745
₽67439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
solidarity contribution
-
-
-
-
income
-
-
-
13 701
health
-
-
-
19 845
social contributions
-
-
-
35 818
total
-
-
-
69 364
Employee
36 605
-
109 702
-
social contributions
2 379
-
7 131
-
solidarity contribution
-
-
-
-
income
4 393
-
13 164
-
health
4 942
-
14 810
-
total
11 714
-
35 105
-
Employer
36 605
-
109 702
-
social contributions
9 151
-
27 425
-
health
3 294
-
9 873
-
total
12 445
-
37 298
-
Corporate
97 950
147 000
-
-
income
18 610
27 930
-
-
total
18 610
27 930
-
-
Dividends
79 339
119 070
-
-
withholding
11 901
17 861
-
-
total
11 901
17 861
-
-
Income
147 000
147 000
147 000
147 000
Total tax
54 670
45 791
72 403
69 364
After tax
92 330
101 209
74 597
77 636
Living cost
24 891
24 891
24 891
24 891
Free-cash
67 439
76 318
49 706
52 745

Estimated living cost  is ₽24891 per week

₽17290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23027
₽36372
₽29866
₽31167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
regional
-
-
-
1 705
municipal
-
-
-
874
national
-
-
-
34 687
social contributions
-
-
-
37 808
total
-
-
-
75 074
Employee
88 586
-
147 000
-
national
15 350
-
30 064
-
municipal
469
-
779
-
social contributions
29 871
-
49 568
-
regional
836
-
1 502
-
total
46 526
-
81 913
-
Employer
88 586
-
147 000
-
total
-
-
-
-
Corporate
58 414
147 000
-
-
nationa
14 020
35 279
-
-
municipal
2 277
5 733
-
-
total
16 297
41 012
-
-
Dividends
42 117
105 988
-
-
withholding
10 950
27 556
-
-
total
10 950
27 556
-
-
Income
147 000
147 000
147 000
147 000
Total tax
73 773
68 568
81 913
75 074
After tax
73 227
78 432
65 087
71 926
Living cost
42 060
42 060
42 060
42 060
Free-cash
31 167
36 372
23 027
29 866

Estimated living cost  is ₽42060 per week

₽29319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43520
₽70469
₽47763
₽67367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
26 606
unemployment
-
-
-
227
surtax
-
-
-
5 137
other
-
-
-
-
income
-
-
-
35 828
health
-
-
-
9 444
total
-
-
-
77 242
Employee
32 962
-
121 436
-
unemployment
2 294
-
8 451
-
surtax
108
-
4 468
-
pensions
2 198
-
8 100
-
other
-
-
-
-
income
5 525
-
31 808
-
health
842
-
3 096
-
total
10 967
-
55 923
-
Employer
32 962
-
121 436
-
pensions
4 394
-
16 188
-
other
-
-
-
-
health
1 500
-
5 525
-
unemployment
1 044
-
3 849
-
total
6 938
-
25 562
-
Corporate
107 100
147 000
-
-
income
27 845
38 220
-
-
total
27 845
38 220
-
-
Dividends
79 254
108 780
-
-
withholding
11 888
16 316
-
-
total
11 888
16 316
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 638
54 536
81 485
77 242
After tax
89 362
92 464
65 515
69 758
Living cost
21 995
21 995
21 995
21 995
Free-cash
67 367
70 469
43 520
47 763

Estimated living cost  is ₽21995 per week

₽13449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40352
₽53549
₽53821
₽56324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
8 441
income
-
-
-
38 828
total
-
-
-
47 269
Employee
63 719
-
128 690
-
pensions
5 408
-
10 600
-
income
11 476
-
29 846
-
health
925
-
1 983
-
total
17 809
-
42 429
-
Employer
63 719
-
128 690
-
pensions
6 898
-
15 864
-
health
1 210
-
2 445
-
total
8 108
-
18 309
-
Corporate
75 173
147 000
-
-
income

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

14 282
27 929
-
-
total
14 282
27 929
-
-
Dividends
60 890
119 071
-
-
withholding
4 567
19 612
-
-
total
4 567
19 612
-
-
Income
147 000
147 000
147 000
147 000
Total tax
44 766
47 541
60 738
47 269
After tax
102 234
99 459
86 262
99 731
Living cost
45 910
45 910
45 910
45 910
Free-cash
56 324
53 549
40 352
53 821

Estimated living cost  is ₽45910 per week

₽34395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34898
-₽11215
₽42044
₽22344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
13 525
regional
-
-
-
6 440
city
-
-
-
1 549
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.

-
-
-
2 939
national
-
-
-
1 737
health
-
-
-
330
total
-
-
-
26 520
Employee
91 790
-
131 575
-
national
434
-
1 399
-
unemployment
-
-
-
-
regional
3 006
-
5 526
-
pensions
7 712
-
11 052
-
city
985
-
1 414
-
health
207
-
296
-
total
12 344
-
19 687
-
Employer
91 790
-
131 575
-
pensions
7 712
-
11 052
-
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.

1 835
-
2 631
-
health
207
-
296
-
unemployment
-
-
-
-
total
9 754
-
13 979
-
Corporate
44 447
147 000
-
-
national
3 777
12 494
-
-
regional
9 400
31 090
-
-
total
13 177
43 584
-
-
Dividends
31 270
103 416
-
-
withholding
10 945
36 195
-
-
total
10 945
36 195
-
-
Income
147 000
147 000
147 000
147 000
Total tax
46 220
79 779
33 666
26 520
After tax
100 780
67 221
113 334
120 480
Living cost
78 436
78 436
78 436
78 436
Free-cash
22 344
-11 215
34 898
42 044

Estimated living cost  is ₽78436 per week

₽51006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽963
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49933
₽27014
₽32671
₽43177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
surtax

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

-
-
-
2 325
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.

-
-
-
42 270
trade
-
-
-
17 262
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.

-
-
-
6 810
total
-
-
-
68 667
Employee

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

59 903
-
147 000
-
surtax

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

388
-
2 325
-
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.

7 044
-
42 270
-
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.

6 810
-
6 810
-
total
14 242
-
51 405
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 097
147 000
-
-
trade
14 937
25 210
-
-
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.

719
1 212
-
-
income
13 065
22 050
-
-
chamber of commerce
274
358
-
-
total
28 995
48 830
-
-
Dividends
58 101
98 170
-
-
surtax

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

777
1 330
-
-
withholding
14 147
24 164
-
-
total
14 924
25 494
-
-
Income
147 000
147 000
147 000
147 000
Total tax
58 161
74 324
51 405
68 667
After tax
88 839
72 676
95 595
78 333
Living cost
45 662
45 662
45 662
45 662
Free-cash
43 177
27 014
49 933
32 671

Estimated living cost  is ₽45662 per week

₽33350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3653
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.
₽8067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49878
₽39985
₽49198
₽45874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
28 935
surtax
-
-
-
-
other
-
-
-
4 557
income
-
-
-
20 693
health
-
-
-
5 325
social contributions
-
-
-
4 190
total
-
-
-
63 700
Employee
42 660
-
115 502
-
social contributions
1 216
-
3 291
-
surtax
-
-
-
-
pensions
4 823
-
7 313
-
income
2 518
-
20 918
-
total
8 557
-
31 522
-
Employer
42 660
-
115 502
-
pensions
7 008
-
12 439
-
other
1 472
-
4 200
-
social contributions
129
-
346
-
health
2 987
-
9 835
-
unemployment
1 727
-
4 678
-
total
13 323
-
31 498
-
Corporate
91 018
147 000
-
-
surtax
-
-
-
-
income
25 485
41 160
-
-
total
25 485
41 160
-
-
Dividends
65 533
105 840
-
-
withholding
8 389
13 547
-
-
surtax
-
-
-
-
social contributions
11 270
18 206
-
-
total
19 659
31 753
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 024
72 913
63 020
63 700
After tax
79 976
74 087
83 980
83 300
Living cost
34 102
34 102
34 102
34 102
Free-cash
45 874
39 985
49 878
49 198

Estimated living cost  is ₽34102 per week

₽21503
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.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53256
₽43363
₽52576
₽48902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
28 935
surtax
-
-
-
-
other
-
-
-
4 557
income
-
-
-
20 693
health
-
-
-
5 325
social contributions
-
-
-
4 190
total
-
-
-
63 700
Employee
38 080
-
115 502
-
social contributions
1 086
-
3 291
-
surtax
-
-
-
-
pensions
4 307
-
7 313
-
income
1 963
-
20 918
-
total
7 356
-
31 522
-
Employer
38 080
-
115 502
-
pensions
6 257
-
12 439
-
other
1 315
-
4 200
-
social contributions
113
-
346
-
health
2 665
-
9 835
-
unemployment
1 542
-
4 678
-
total
11 892
-
31 498
-
Corporate
97 028
147 000
-
-
surtax
-
-
-
-
income
27 168
41 160
-
-
total
27 168
41 160
-
-
Dividends
69 860
105 840
-
-
withholding
8 941
13 547
-
-
surtax
-
-
-
-
social contributions
12 017
18 206
-
-
total
20 958
31 753
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 374
72 913
63 020
63 700
After tax
79 626
74 087
83 980
83 300
Living cost
30 724
30 724
30 724
30 724
Free-cash
48 902
43 363
53 256
52 576

Estimated living cost  is ₽30724 per week

₽17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
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.
₽9202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71075
₽68548
₽73267
₽69064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
social contributions
-
-
-
20 287
income
-
-
-
22 050
health
-
-
-
10 260
total
-
-
-
52 597
Employee
33 796
-
147 000
-
social contributions
4 665
-
20 287
-
income
5 637
-
24 242
-
health
2 359
-
10 260
-
total
12 661
-
54 789
-
Employer
33 796
-
147 000
-
total
-
-
-
-
Corporate
113 204
147 000
-
-
income

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

5 659
7 351
-
-
total
5 659
7 351
-
-
Dividends
107 544
139 649
-
-
withholding
16 131
20 947
-
-
social contributions
14 841
19 271
-
-
health
7 508
9 747
-
-
total
38 480
49 965
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 800
57 316
54 789
52 597
After tax
90 200
89 684
92 211
94 403
Living cost
21 136
21 136
21 136
21 136
Free-cash
69 064
68 548
71 075
73 267

Estimated living cost  is ₽21136 per week

₽14145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3385
₽46484
₽40062
₽44946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
21 543
unemployment
-
-
-
6 113
surtax
-
-
-
197
chamber of commerce
-
-
-
588
income
-
-
-
34 468
health
-
-
-
8 907
total
-
-
-
71 816
Employee
49 814
39 722
113 996
-
unemployment
1 494
1 192
3 420
-
pensions
5 101
4 067
11 673
-
other
497
397
1 141
-
income
5 671
2 930
27 291
-
health
1 927
1 538
4 411
-
total
14 690
10 124
47 936
-
Employer
49 814
39 722
113 996
-
surtax
197
197
197
-
pensions
6 252
4 986
14 306
-
chamber of commerce
199
159
456
-
other
2 366
1 886
5 414
-
health
1 882
1 502
4 309
-
payroll
1 494
1 192
3 420
-
unemployment
1 494
1 192
3 420
-
accident
647
516
1 481
-
total
14 531
11 630
33 003
-
Corporate
82 656
95 649
110 215
-
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.

20 663
23 913
27 554
-
total
20 663
23 913
27 554
-
Dividends
61 993
71 736
-
-
withholding
17 048
19 727
-
-
total
17 048
19 727
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 932
65 394
108 493
71 816
After tax
80 068
81 606
38 507
75 184
Living cost
35 122
35 122
35 122
35 122
Free-cash
44 946
46 484
3 385
40 062

Estimated living cost  is ₽35122 per week

₽23425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17007
₽45929
₽28016
₽30980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
communal

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

-
-
-
7 439
national
-
-
-
52 199
social contributions
-
-
-
23 003
total
-
-
-
82 641
Employee

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

71 299
-
113 855
-
national
21 920
-
39 686
-
communal

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

3 719
-
5 938
-
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.

620
-
991
-
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.

5 347
-
8 538
-
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.

3 350
-
5 351
-
total
34 956
-
60 504
-
Employer

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

71 299
-
113 855
-
surtax
8 084
-
12 912
-
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.

6 318
-
10 088
-
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.

4 385
-
7 002
-
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.

1 040
-
1 663
-
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.

927
-
1 481
-
total
20 754
-
33 146
-
Corporate
54 947
147 000
-
-
surtax
219
588
-
-
income
10 990
29 400
-
-
total
11 209
29 988
-
-
Dividends
43 738
117 012
-
-
withholding

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

12 758
34 740
-
-
total
12 758
34 740
-
-
Income
147 000
147 000
147 000
147 000
Total tax
79 677
64 728
93 650
82 641
After tax
67 323
82 272
53 350
64 359
Living cost
36 343
36 343
36 343
36 343
Free-cash
30 980
45 929
17 007
28 016

Estimated living cost  is ₽36343 per week

₽23410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42491
₽62333
₽46818
₽55000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
26 145
accident
-
-
-
832
unemployment
-
-
-
647
other
-
-
-
93
income
-
-
-
36 468
total
-
-
-
64 185
Employee
49 616
-
117 547
-
unemployment
770
-
1 432
-
pensions
2 332
-
4 343
-
other
49
-
93
-
income
10 469
-
33 190
-
total
13 620
-
39 058
-
Employer
49 616
-
117 547
-
pensions
11 709
-
21 804
-
other
395
-
740
-
unemployment
2 729
-
5 081
-
accident
982
-
1 829
-
total
15 815
-
29 454
-
Corporate
81 569
147 000
-
-
income

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

12 234
22 050
-
-
total
12 234
22 050
-
-
Dividends
69 334
124 950
-
-
withholding
14 334
26 620
-
-
total
14 334
26 620
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 003
48 670
68 512
64 185
After tax
90 997
98 330
78 488
82 815
Living cost
35 997
35 997
35 997
35 997
Free-cash
55 000
62 333
42 491
46 818

Estimated living cost  is ₽35997 per week

₽26508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27568
₽33387
₽21709
₽22145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
22 033
accident
-
-
-
1 239
surtax
-
-
-
7 288
communal
-
-
-
9 291
income
-
-
-
20 944
health
-
-
-
10 328
total
-
-
-
71 123
Employee
75 484
-
131 308
-
surtax
4 627
-
8 047
-
pensions
6 038
-
10 504
-
income
7 291
-
25 176
-
health
3 359
-
5 845
-
total
21 315
-
49 572
-
Employer
75 484
-
131 308
-
pensions
6 038
-
10 504
-
health
2 302
-
4 006
-
accident
679
-
1 182
-
total
9 019
-
15 692
-
Corporate
62 497
147 000
-
-
surtax
656
1 543
-
-
income
9 374
22 050
-
-
communal
4 218
9 923
-
-
total
14 248
33 516
-
-
Dividends
48 248
113 484
-
-
withholding
7 237
17 022
-
-
income
18 868
8 907
-
-
total
26 105
25 929
-
-
Income
147 000
147 000
147 000
147 000
Total tax
70 687
59 445
65 264
71 123
After tax
76 313
87 555
81 736
75 877
Living cost
54 168
54 168
54 168
54 168
Free-cash
22 145
33 387
27 568
21 709

Estimated living cost  is ₽54168 per week

₽40634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43127
₽70076
₽47370
₽66906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
26 606
unemployment
-
-
-
227
surtax
-
-
-
5 137
other
-
-
-
-
income
-
-
-
35 828
health
-
-
-
9 444
total
-
-
-
77 242
Employee
33 567
-
121 436
-
unemployment
2 336
-
8 451
-
surtax
119
-
4 468
-
pensions
2 240
-
8 100
-
other
-
-
-
-
income
5 627
-
31 808
-
health
857
-
3 096
-
total
11 179
-
55 923
-
Employer
33 567
-
121 436
-
pensions
4 475
-
16 188
-
other
-
-
-
-
health
1 526
-
5 525
-
unemployment
1 065
-
3 849
-
total
7 066
-
25 562
-
Corporate
106 366
147 000
-
-
income
27 654
38 220
-
-
total
27 654
38 220
-
-
Dividends
78 712
108 780
-
-
withholding
11 807
16 316
-
-
total
11 807
16 316
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 706
54 536
81 485
77 242
After tax
89 294
92 464
65 515
69 758
Living cost
22 388
22 388
22 388
22 388
Free-cash
66 906
70 076
43 127
47 370

Estimated living cost  is ₽22388 per week

₽13517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1946
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.
₽6407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37761
₽50418
₽44564
₽48201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
regional
-
-
-
2 216
municipal
-
-
-
874
national
-
-
-
34 687
social contributions
-
-
-
37 808
total
-
-
-
75 585
Employee
55 292
-
147 000
-
national
8 760
-
30 064
-
municipal
293
-
779
-
social contributions
18 645
-
49 568
-
regional
744
-
1 977
-
total
28 442
-
82 388
-
Employer
55 292
-
147 000
-
total
-
-
-
-
Corporate
91 708
147 000
-
-
nationa
22 010
35 279
-
-
municipal
4 559
7 305
-
-
total
26 569
42 584
-
-
Dividends
65 140
104 416
-
-
withholding
16 937
27 147
-
-
total
16 937
27 147
-
-
Income
147 000
147 000
147 000
147 000
Total tax
71 948
69 731
82 388
75 585
After tax
75 052
77 269
64 612
71 415
Living cost
26 851
26 851
26 851
26 851
Free-cash
48 201
50 418
37 761
44 564

Estimated living cost  is ₽26851 per week

₽16698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43924
₽70536
₽46963
₽59593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
solidarity contribution
-
-
-
-
income
-
-
-
13 701
health
-
-
-
19 845
social contributions
-
-
-
35 818
total
-
-
-
69 364
Employee
45 107
-
109 702
-
social contributions
2 932
-
7 131
-
solidarity contribution
-
-
-
-
income
5 413
-
13 164
-
health
6 089
-
14 810
-
total
14 434
-
35 105
-
Employer
45 107
-
109 702
-
social contributions
11 277
-
27 425
-
health
4 060
-
9 873
-
total
15 337
-
37 298
-
Corporate
86 557
147 000
-
-
income
16 446
27 930
-
-
total
16 446
27 930
-
-
Dividends
70 111
119 070
-
-
withholding
10 517
17 861
-
-
total
10 517
17 861
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 734
45 791
72 403
69 364
After tax
90 266
101 209
74 597
77 636
Living cost
30 673
30 673
30 673
30 673
Free-cash
59 593
70 536
43 924
46 963

Estimated living cost  is ₽30673 per week

₽22810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1699
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.
₽5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽6742
₽49913
₽43581
₽49423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
21 543
unemployment
-
-
-
6 113
surtax
-
-
-
-
chamber of commerce
-
-
-
588
income
-
-
-
34 468
health
-
-
-
8 907
total
-
-
-
71 619
Employee
43 571
39 722
114 148
-
unemployment
1 307
1 192
3 424
-
pensions
4 462
4 067
11 688
-
other
435
397
1 141
-
income
3 881
2 930
27 344
-
health
1 685
1 538
4 417
-
total
11 770
10 124
48 014
-
Employer
43 571
39 722
114 148
-
surtax
-
-
-
-
pensions
5 468
4 986
14 325
-
chamber of commerce
174
159
456
-
other
2 069
1 886
5 423
-
health
1 648
1 502
4 315
-
payroll
1 307
1 192
3 424
-
unemployment
1 307
1 192
3 424
-
accident
566
516
1 485
-
total
12 539
11 433
32 852
-
Corporate
90 890
95 845
110 367
-
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.

22 723
23 962
27 592
-
total
22 723
23 962
27 592
-
Dividends
68 167
71 883
-
-
withholding
18 745
19 768
-
-
total
18 745
19 768
-
-
Income
147 000
147 000
147 000
147 000
Total tax
65 777
65 287
108 458
71 619
After tax
81 223
81 713
38 542
75 381
Living cost
31 800
31 800
31 800
31 800
Free-cash
49 423
49 913
6 742
43 581

Estimated living cost  is ₽31800 per week

₽19076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104329
₽126379
₽132260
₽123891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
147 000
microenterprise

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

-
-
-
1 470
total
-
-
-
1 470
Employee
16 588
-
147 000
-
income
3 318
-
29 400
-
total
3 318
-
29 400
-
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%.

130 412
147 000
-
-
total
-
-
-
-
Dividends
130 412
147 000
-
-
withholding
6 520
7 350
-
-
total
6 520
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
9 838
7 350
29 400
1 470
After tax
137 162
139 650
117 600
145 530
Living cost
13 270
13 270
13 270
13 270
Free-cash
123 891
126 379
104 329
132 260

Estimated living cost  is ₽13270 per week

₽8980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42618
₽74475
₽46509
₽66139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
pensions
-
-
-
26 847
unemployment
-
-
-
221
income
-
-
-
32 222
health
-
-
-
14 466
total
-
-
-
73 756
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.

44 077
-
127 197
-
unemployment
62
-
178
-
pensions
6 832
-
19 715
-
income
7 601
-
29 734
-
health
2 847
-
8 217
-
total
17 342
-
57 844
-
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.

44 077
-
127 197
-
pensions
3 900
-
11 257
-
health
2 936
-
8 470
-
unemployment
26
-
76
-
total
6 862
-
19 803
-
Corporate
96 061
147 000
-
-
income
18 251
27 930
-
-
total
18 251
27 930
-
-
Dividends
77 809
119 070
-
-
withholding
11 671
17 860
-
-
total
11 671
17 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
54 126
45 790
77 647
73 756
After tax
92 874
101 210
69 353
73 244
Living cost
26 735
26 735
26 735
26 735
Free-cash
66 139
74 475
42 618
46 509

Estimated living cost  is ₽26735 per week

₽18348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86482
₽43057
₽55211
-₽13263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
28 653
social contributions
-
-
-
16 758
total
-
-
-
45 411
Employee
66 499
-
-
-
social contributions
5 453
-
777
-
income
14 668
-
-
-
total
20 121
-
777
-
Employer
66 499
-
-
-
social contributions
93 764
-
13 363
-
total
93 764
-
13 363
-
Corporate
-
147 000
-
-
income
-
32 340
-
-
total
-
32 340
-
-
Dividends
-
114 660
-
-
income
-
25 225
-
-
total
-
25 225
-
-
Income
147 000
147 000
147 000
147 000
Total tax
113 885
57 565
14 140
45 411
After tax
33 115
89 435
132 860
101 589
Living cost
46 378
46 378
46 378
46 378
Free-cash
-13 263
43 057
86 482
55 211

Estimated living cost  is ₽46378 per week

₽30092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4362
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.
₽11333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38149
₽52349
₽48449
₽51344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
surtax
-
-
-
-
income
-
-
-
16 203
social contributions

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

-
-
-
51 083
total
-
-
-
67 286
Employee
45 843
-
118 788
-
social contributions
5 043
-
13 067
-
surtax
-
-
-
-
income
9 536
-
36 307
-
total
14 579
-
49 374
-
Employer
45 843
-
118 788
-
social contributions
10 888
-
28 212
-
total
10 888
-
28 212
-
Corporate
90 269
147 000
-
-
surtax
-
-
-
-
income
18 957
30 870
-
-
total
18 957
30 870
-
-
Dividends
71 312
116 130
-
-
withholding
19 967
32 516
-
-
total
19 967
32 516
-
-
Income
147 000
147 000
147 000
147 000
Total tax
64 391
63 386
77 586
67 286
After tax
82 609
83 614
69 414
79 714
Living cost
31 265
31 265
31 265
31 265
Free-cash
51 344
52 349
38 149
48 449

Estimated living cost  is ₽31265 per week

₽23393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35838
₽25945
₽35158
₽32798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
28 935
surtax
-
-
-
-
other
-
-
-
4 557
income
-
-
-
20 693
health
-
-
-
5 325
social contributions
-
-
-
4 190
total
-
-
-
63 700
Employee
62 429
-
115 502
-
social contributions
1 778
-
3 291
-
surtax
-
-
-
-
pensions
7 061
-
7 313
-
income
5 447
-
20 918
-
total
14 286
-
31 522
-
Employer
62 429
-
115 502
-
pensions
10 258
-
12 439
-
other
2 154
-
4 200
-
social contributions
187
-
346
-
health
4 369
-
9 835
-
unemployment
2 529
-
4 678
-
total
19 497
-
31 498
-
Corporate
65 073
147 000
-
-
surtax
-
-
-
-
income
18 221
41 160
-
-
total
18 221
41 160
-
-
Dividends
46 852
105 840
-
-
withholding
5 996
13 547
-
-
surtax
-
-
-
-
social contributions
8 060
18 206
-
-
total
14 056
31 753
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 060
72 913
63 020
63 700
After tax
80 940
74 087
83 980
83 300
Living cost
48 142
48 142
48 142
48 142
Free-cash
32 798
25 945
35 838
35 158

Estimated living cost  is ₽48142 per week

₽32582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83190
₽102339
₽79284
₽98989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
5 414
social contributions
-
-
-
32 340
total
-
-
-
37 754
Employee
32 045
-
127 273
-
social contributions
2 083
-
8 274
-
income
-
-
5 847
-
total
2 083
-
14 121
-
Employer
32 045
-
127 273
-
social contributions
4 967
-
19 727
-
total
4 967
-
19 727
-
Corporate
109 988
147 000
-
-
income
10 999
14 699
-
-
total
10 999
14 699
-
-
Dividends
98 989
132 301
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
18 049
14 699
33 848
37 754
After tax
128 951
132 301
113 152
109 246
Living cost
29 962
29 962
29 962
29 962
Free-cash
98 989
102 339
83 190
79 284

Estimated living cost  is ₽29962 per week

₽19373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2258
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.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69741
-₽69741
₽40419
-₽69741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
862
labour market
-
-
-
11 691
municipal
-
-
-
29 783
national
-
-
-
16 336
total
-
-
-
58 672
Employee
202 211
202 211
202 211
-
national
24 704
24 704
24 704
-
municipal
43 060
43 060
43 060
-
labour market
16 154
16 154
16 154
-
pensions
287
287
287
-
total
84 205
84 205
84 205
-
Employer
202 211
202 211
202 211
-
pensions
575
575
575
-
national
24 747
24 747
24 747
-
municipal
43 128
43 128
43 128
-
labour market
16 177
16 177
16 177
-
total
84 627
84 627
84 627
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
168 832
168 832
168 832
58 672
After tax
-21 832
-21 832
-21 832
88 328
Living cost
47 909
47 909
47 909
47 909
Free-cash
-69 741
-69 741
-69 741
40 419

Estimated living cost  is ₽47909 per week

₽32789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57285
-₽9661
₽79024
₽8597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
4 140
accident
-
-
-
251
other
-
-
-
369
income
-
-
-
39 478
health
-
-
-
2 170
total
-
-
-
46 408
Employee
33 928
-
130 655
-
pensions
3 821
-
7 592
-
income
4 655
-
29 249
-
health
3 885
-
14 960
-
total
12 361
-
51 801
-
Employer
33 928
-
130 655
-
pensions
5 517
-
10 963
-
unemployment
831
-
3 201
-
accident
567
-
2 182
-
total
6 915
-
16 346
-
Corporate
106 157
147 000
-
-
income

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

95 542
132 300
-
-
total
95 542
132 300
-
-
Dividends
10 616
14 700
-
-
withholding
2 017
2 793
-
-
total
2 017
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
116 835
135 093
68 147
46 408
After tax
30 165
11 907
78 853
100 592
Living cost
21 568
21 568
21 568
21 568
Free-cash
8 597
-9 661
57 285
79 024

Estimated living cost  is ₽21568 per week

₽15699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40662
₽55620
₽60698
₽57440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
147 000
municipal
-
-
-
26 128
national
-
-
-
20 058
health
-
-
-
1 848
total
-
-
-
48 034
Employee
52 442
-
123 666
-
national
866
-
12 888
-
municipal
8 589
-
20 156
-
unemployment
787
-
1 856
-
pensions
3 539
-
8 347
-
health
392
-
1 489
-
total
14 173
-
44 736
-
Employer
52 442
-
123 666
-
pensions
9 098
-
21 456
-
health
403
-
951
-
unemployment
340
-
804
-
accident
53
-
123
-
total
9 894
-
23 334
-
Corporate
84 664
147 000
-
-
income
16 933
29 400
-
-
total
16 933
29 400
-
-
Dividends

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

50 798
88 200
-
-
municipal
9 144
15 876
-
-
national
1 148
7 836
-
-
total
10 292
23 712
-
-
Income
147 000
147 000
147 000
147 000
Total tax
51 292
53 112
68 070
48 034
After tax
95 708
93 888
78 930
98 966
Living cost
38 268
38 268
38 268
38 268
Free-cash
57 440
55 620
40 662
60 698

Estimated living cost  is ₽38268 per week

₽24997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77458
₽84253
₽78828
₽78828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
25 218
health
-
-
-
3 749
social contributions
-
-
-
16 127
total
-
-
-
45 094
Employee
76 646
76 646
135 906
-
social contributions
2 898
6 361
8 580
-
income
8 345
7 095
24 480
-
health
594
1 303
2 310
-
total
11 837
14 759
35 370
-
Employer
76 646
76 646
135 906
-
social contributions
2 898
6 361
8 580
-
health
645
1 419
2 514
-
total
3 543
7 780
11 094
-
Corporate
108 542
62 574
-
-
income
13 568
7 822
-
-
total
13 568
7 822
-
-
Dividends
94 974
54 753
-
-
withholding
16 146
9 308
-
-
total
16 146
9 308
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 094
39 669
46 464
45 094
After tax
101 906
107 331
100 536
101 906
Living cost
23 078
23 078
23 078
23 078
Free-cash
78 828
84 253
77 458
78 828

Estimated living cost  is ₽23078 per week

₽13831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86484
₽105906
₽106479
₽100835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
147 000
pensions
-
-
-
6 340
unemployment
-
-
-
28
income
-
-
-
14 720
health
-
-
-
3 607
total
-
-
-
24 695
Employee

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

22 879
-
137 259
-
unemployment
113
-
473
-
pensions
3 431
-
14 187
-
income
1 564
-
12 250
-
health
1 945
-
8 039
-
total
7 053
-
34 949
-
Employer

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

22 879
-
137 259
-
pensions
1 258
-
5 202
-
health
984
-
4 067
-
unemployment
113
-
473
-
total
2 355
-
9 742
-
Corporate
121 766
147 000
-
-
income
10 960
13 229
-
-
total
10 960
13 229
-
-
Dividends
110 806
133 771
-
-
withholding
9 972
12 040
-
-
total
9 972
12 040
-
-
Income
147 000
147 000
147 000
147 000
Total tax
30 340
25 269
44 691
24 695
After tax
116 660
121 731
102 309
122 305
Living cost
15 826
15 826
15 826
15 826
Free-cash
100 835
105 906
86 484
106 479

Estimated living cost  is ₽15826 per week

₽10097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51078
₽70920
₽55405
₽66298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
26 145
accident
-
-
-
832
unemployment
-
-
-
647
other
-
-
-
93
income
-
-
-
36 468
total
-
-
-
64 185
Employee
36 856
-
117 547
-
unemployment
571
-
1 432
-
pensions
1 733
-
4 343
-
other
36
-
93
-
income
7 106
-
33 190
-
total
9 446
-
39 058
-
Employer
36 856
-
117 547
-
pensions
8 697
-
21 804
-
other
295
-
740
-
unemployment
2 028
-
5 081
-
accident
730
-
1 829
-
total
11 750
-
29 454
-
Corporate
98 394
147 000
-
-
income

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

14 760
22 050
-
-
total
14 760
22 050
-
-
Dividends
83 634
124 950
-
-
withholding
17 336
26 620
-
-
total
17 336
26 620
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 292
48 670
68 512
64 185
After tax
93 708
98 330
78 488
82 815
Living cost
27 410
27 410
27 410
27 410
Free-cash
66 298
70 920
51 078
55 405

Estimated living cost  is ₽27410 per week

₽18501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92717
₽90020
₽92839
₽89740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
1 246
income
-
-
-
50 304
health
-
-
-
903
total
-
-
-
52 453
Employee
2 602
-
145 598
-
unemployment
26
-
62
-
pensions
234
-
561
-
income
503
-
50 238
-
health
130
-
312
-
total
893
-
51 173
-
Employer
2 602
-
145 598
-
pensions
286
-
685
-
health
247
-
592
-
unemployment
52
-
125
-
total
585
-
1 402
-
Corporate
143 813
147 000
-
-
income
31 639
32 340
-
-
total
31 639
32 340
-
-
Dividends
112 174
114 660
-
-
withholding
22 435
22 932
-
-
total
22 435
22 932
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 552
55 272
52 575
52 453
After tax
91 448
91 728
94 425
94 547
Living cost
1 708
1 708
1 708
1 708
Free-cash
89 740
90 020
92 717
92 839

Estimated living cost  is ₽1708 per week

₽1015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69404
₽89001
₽69404
₽84104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
pensions
-
-
-
19 118
unemployment
-
-
-
1 103
income
-
-
-
32 594
health
-
-
-
7 574
total
-
-
-
60 389
Employee

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

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

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

25 947
-
133 838
-
unemployment
195
-
551
-
pensions
3 633
-
10 295
-
income
3 577
-
32 594
-
health
1 336
-
3 787
-
total
8 741
-
47 227
-
Employer

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

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

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

25 947
-
133 838
-
pensions
3 114
-
8 824
-
health
1 336
-
3 787
-
unemployment
195
-
551
-
total
4 645
-
13 162
-
Corporate
116 408
147 000
-
-
income
17 461
22 050
-
-
total
17 461
22 050
-
-
Dividends
98 947
124 950
-
-
withholding
14 842
18 742
-
-
total
14 842
18 742
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 689
40 792
60 389
60 389
After tax
101 311
106 208
86 611
86 611
Living cost
17 207
17 207
17 207
17 207
Free-cash
84 104
89 001
69 404
69 404

Estimated living cost  is ₽17207 per week

₽11586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽42542
₽56742
₽52842
₽56383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
surtax
-
-
-
-
income
-
-
-
16 203
social contributions

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

-
-
-
51 083
total
-
-
-
67 286
Employee
38 686
-
118 788
-
social contributions
4 256
-
13 067
-
surtax
-
-
-
-
income
7 559
-
36 307
-
total
11 815
-
49 374
-
Employer
38 686
-
118 788
-
social contributions
9 187
-
28 212
-
total
9 187
-
28 212
-
Corporate
99 126
147 000
-
-
surtax
-
-
-
-
income
20 816
30 870
-
-
total
20 816
30 870
-
-
Dividends
78 310
116 130
-
-
withholding
21 927
32 516
-
-
total
21 927
32 516
-
-
Income
147 000
147 000
147 000
147 000
Total tax
63 745
63 386
77 586
67 286
After tax
83 255
83 614
69 414
79 714
Living cost
26 872
26 872
26 872
26 872
Free-cash
56 383
56 742
42 542
52 842

Estimated living cost  is ₽26872 per week

₽19033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽43457
₽63299
₽47784
₽56305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
26 145
accident
-
-
-
832
unemployment
-
-
-
647
other
-
-
-
93
income
-
-
-
36 468
total
-
-
-
64 185
Employee
48 139
-
117 547
-
unemployment
745
-
1 432
-
pensions
2 262
-
4 343
-
other
47
-
93
-
income
10 054
-
33 190
-
total
13 108
-
39 058
-
Employer
48 139
-
117 547
-
pensions
11 361
-
21 804
-
other
386
-
740
-
unemployment
2 648
-
5 081
-
accident
953
-
1 829
-
total
15 348
-
29 454
-
Corporate
83 513
147 000
-
-
income

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

12 528
22 050
-
-
total
12 528
22 050
-
-
Dividends
70 986
124 950
-
-
withholding
14 680
26 620
-
-
total
14 680
26 620
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 664
48 670
68 512
64 185
After tax
91 336
98 330
78 488
82 815
Living cost
35 031
35 031
35 031
35 031
Free-cash
56 305
63 299
43 457
47 784

Estimated living cost  is ₽35031 per week

₽25157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104085
₽108611
₽98619
₽102563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions

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

-
-
-
5 131
unemployment
-
-
-
139
income
-
-
-
22 050
health
-
-
-
3 987
total
-
-
-
31 307
Employee
22 609
-
140 198
-
pensions

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

1 985
-
3 044
-
income
2 261
-
14 020
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
health
1 040
-
1 595
-
total
5 534
-
19 040
-
Employer
22 609
-
140 198
-
pensions

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

2 491
-
3 820
-
health
1 560
-
2 392
-
unemployment
136
-
208
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
4 435
-
6 801
-
Corporate
119 955
147 000
-
-
income
11 996
14 700
-
-
total
11 996
14 700
-
-
Dividends
107 960
132 300
-
-
withholding
5 398
6 615
-
-
total
5 398
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
27 363
21 315
25 841
31 307
After tax
119 637
125 685
121 159
115 693
Living cost
17 074
17 074
17 074
17 074
Free-cash
102 563
108 611
104 085
98 619

Estimated living cost  is ₽17074 per week

₽11293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57113
₽37220
₽42669
₽50257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
surtax

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

-
-
-
2 325
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.

-
-
-
42 270
trade
-
-
-
14 444
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.

-
-
-
6 810
total
-
-
-
65 849
Employee

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

49 595
-
147 000
-
surtax

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

225
-
2 325
-
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.

4 078
-
42 270
-
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.

6 810
-
6 810
-
total
11 113
-
51 405
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 405
147 000
-
-
trade
13 978
21 094
-
-
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.

804
1 212
-
-
income
14 610
22 050
-
-
chamber of commerce
295
367
-
-
total
29 687
44 723
-
-
Dividends
67 717
102 276
-
-
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.

910
1 385
-
-
withholding
16 551
25 190
-
-
total
17 461
26 575
-
-
Income
147 000
147 000
147 000
147 000
Total tax
58 261
71 298
51 405
65 849
After tax
88 739
75 702
95 595
81 151
Living cost
38 482
38 482
38 482
38 482
Free-cash
50 257
37 220
57 113
42 669

Estimated living cost  is ₽38482 per week

₽26546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24031
₽46121
₽24031
₽48320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
42 325
social contributions
-
-
-
23 864
total
-
-
-
66 189
Employee
77 969
-
147 000
-
social contributions
6 478
-
23 864
-
income
14 712
-
42 325
-
total
21 190
-
66 189
-
Employer
77 969
-
147 000
-
total
-
-
-
-
Corporate
69 031
147 000
-
-
income
8 629
18 374
-
-
total
8 629
18 374
-
-
Dividends
60 402
128 626
-
-
withholding
12 081
25 725
-
-
total
12 081
25 725
-
-
Income
147 000
147 000
147 000
147 000
Total tax
41 900
44 099
66 189
66 189
After tax
105 100
102 901
80 811
80 811
Living cost
56 780
56 780
56 780
56 780
Free-cash
48 320
46 121
24 031
24 031

Estimated living cost  is ₽56780 per week

₽43197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽70081
₽54101
₽76298
₽57584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
income
-
-
-
28 373
health

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

-
-
-
6 146
total
-
-
-
34 519
Employee
45 725
-
142 415
-
social contributions
4 581
-
4 585
-
income
4 962
-
31 566
-
total
9 543
-
36 151
-
Employer
45 725
-
142 415
-
social contributions
4 581
-
4 585
-
total
4 581
-
4 585
-
Corporate
96 693
147 000
-
-
income
33 843
51 450
-
-
total
33 843
51 450
-
-
Dividends
62 850
95 550
-
-
social contributions
5 266
5 266
-
-
total
5 266
5 266
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 233
56 716
40 736
34 519
After tax
93 767
90 284
106 264
112 481
Living cost
36 183
36 183
36 183
36 183
Free-cash
57 584
54 101
70 081
76 298

Estimated living cost  is ₽36183 per week

₽23833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48939
₽62136
₽62408
₽67147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
8 441
income
-
-
-
38 828
total
-
-
-
47 269
Employee
51 231
-
128 690
-
pensions
3 910
-
10 600
-
income
9 330
-
29 846
-
health
668
-
1 983
-
total
13 908
-
42 429
-
Employer
51 231
-
128 690
-
pensions
5 176
-
15 864
-
health
974
-
2 445
-
total
6 150
-
18 309
-
Corporate
89 619
147 000
-
-
income

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

17 028
27 929
-
-
total
17 028
27 929
-
-
Dividends
72 591
119 071
-
-
withholding
5 444
19 612
-
-
total
5 444
19 612
-
-
Income
147 000
147 000
147 000
147 000
Total tax
42 530
47 541
60 738
47 269
After tax
104 470
99 459
86 262
99 731
Living cost
37 323
37 323
37 323
37 323
Free-cash
67 147
62 136
48 939
62 408

Estimated living cost  is ₽37323 per week

₽25603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55150
-₽11796
₽76889
₽8272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
pensions
-
-
-
4 140
accident
-
-
-
251
other
-
-
-
369
income
-
-
-
39 478
health
-
-
-
2 170
total
-
-
-
46 408
Employee
37 286
-
130 655
-
pensions
4 199
-
7 592
-
income
5 115
-
29 249
-
health
4 269
-
14 960
-
total
13 583
-
51 801
-
Employer
37 286
-
130 655
-
pensions
6 063
-
10 963
-
unemployment
913
-
3 201
-
accident
623
-
2 182
-
total
7 599
-
16 346
-
Corporate
102 115
147 000
-
-
income

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

91 903
132 300
-
-
total
91 903
132 300
-
-
Dividends
10 212
14 700
-
-
withholding
1 940
2 793
-
-
total
1 940
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
115 025
135 093
68 147
46 408
After tax
31 975
11 907
78 853
100 592
Living cost
23 703
23 703
23 703
23 703
Free-cash
8 272
-11 796
55 150
76 889

Estimated living cost  is ₽23703 per week

₽17396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
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.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽87771
₽110220
₽69293
₽105550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 000
pensions
-
-
-
27 048
unemployment
-
-
-
1 764
work injury
-
-
-
735
health insurance
-
-
-
10 878
income
-
-
-
23 801
total
-
-
-
64 226
Employee

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

21 569
-
147 000
-
health insurance
1 596
-
5 906
-
unemployment
259
-
958
-
pensions
3 969
-
14 684
-
work injury
108
-
399
-
income
2 157
-
23 801
-
total
8 089
-
45 748
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 431
147 000
-
-
income

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

1 254
1 470
-
-
total
1 254
1 470
-
-
Dividends
124 176
145 530
-
-
withholding
18 626
21 829
-
-
total
18 626
21 829
-
-
Income
147 000
147 000
147 000
147 000
Total tax
27 969
23 299
45 748
64 226
After tax
119 031
123 701
101 252
82 774
Living cost
13 481
13 481
13 481
13 481
Free-cash
105 550
110 220
87 771
69 293

Estimated living cost  is ₽13481 per week

₽8352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23872
₽37720
₽30477
₽33186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
regional
-
-
-
3 336
municipal
-
-
-
984
national
-
-
-
34 687
social contributions
-
-
-
37 808
total
-
-
-
76 815
Employee
83 993
-
147 000
-
national
14 194
-
30 064
-
municipal
501
-
878
-
social contributions
28 322
-
49 568
-
regional
1 268
-
2 910
-
total
44 285
-
83 420
-
Employer
83 993
-
147 000
-
total
-
-
-
-
Corporate
63 007
147 000
-
-
nationa
15 121
35 279
-
-
municipal
3 038
7 086
-
-
total
18 159
42 365
-
-
Dividends
44 848
104 635
-
-
withholding
11 661
27 206
-
-
total
11 661
27 206
-
-
Income
147 000
147 000
147 000
147 000
Total tax
74 105
69 571
83 420
76 815
After tax
72 895
77 429
63 580
70 185
Living cost
39 708
39 708
39 708
39 708
Free-cash
33 186
37 720
23 872
30 477

Estimated living cost  is ₽39708 per week

₽27893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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