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
₽43881
₽65342
₽49516
₽54951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
42 197
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.

-
-
-
2 320
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.

-
-
-
6 835
trade
-
-
-
15 826
total
-
-
-
67 178
Employee

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

38 269
-
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
-
2 320
-
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.

1 069
-
42 197
-
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.

6 835
-
6 835
-
total
7 963
-
51 352
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 731
147 000
-
-
income
16 310
22 050
-
-
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.

896
1 213
-
-
chamber of commerce
308
363
-
-
trade
17 125
23 153
-
-
total
34 639
46 779
-
-
Dividends
74 093
100 221
-
-
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
18 142
24 676
-
-
total
19 141
26 034
-
-
Income
147 000
147 000
147 000
147 000
Total tax
61 743
72 813
51 352
67 178
After tax
85 257
74 187
95 648
79 822
Living cost
30 306
30 306
30 306
30 306
Free-cash
54 951
43 881
65 342
49 516

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38677
₽35500
₽34346
₽37795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 580
municipal
-
-
-
15 839
national
-
-
-
24 544
pensions
-
-
-
17 640
total
-
-
-
59 603
Employee
82 238
-
127 080
-
municipal
10 158
-
16 408
-
pensions
3 290
-
5 083
-
national
15 740
-
25 426
-
total
29 188
-
46 917
-
Employer
82 238
-
127 080
-
pensions
6 579
-
10 166
-
social contributions
884
-
1 366
-
total
7 463
-
11 532
-
Corporate
51 871
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%.

10 374
29 400
-
-
total
10 374
29 400
-
-
Dividends
41 497
117 600
-
-
withholding
9 129
25 872
-
-
total
9 129
25 872
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 154
55 272
58 449
59 603
After tax
90 846
91 728
88 551
87 397
Living cost
53 051
53 051
53 051
53 051
Free-cash
37 795
38 677
35 500
34 346

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96784
₽69052
₽26512
₽88577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 853
surtax
-
-
-
37 484
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
99 672
Employee
29 236
-
104 883
-
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.

3 216
-
11 537
-
income
5 204
-
20 329
-
total
8 420
-
31 866
-
Employer
29 236
-
104 883
-
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.

7 042
-
25 266
-
surtax
-
-
-
-
total
7 042
-
25 266
-
Corporate
110 721
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%.

22 145
29 400
-
-
total
22 145
29 400
-
-
Dividends

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

88 577
117 600
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
37 607
29 400
57 132
99 672
After tax
109 393
117 600
89 868
47 328
Living cost
20 816
20 816
20 816
20 816
Free-cash
88 577
96 784
69 052
26 512

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30428
₽46754
₽41276
₽24297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 749
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
63 810
Employee
85 442
85 442
128 406
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
15 677
-
health
13 114
11 155
12 338
-
total
42 480
36 864
39 738
-
Employer
85 442
85 442
128 406
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
47 644
46 596
-
-
income
9 530
9 319
-
-
total
9 530
9 319
-
-
Dividends
38 114
37 277
-
-
income
8 100
7 921
-
-
withholding
5 717
5 592
-
-
total
13 817
13 513
-
-
Income
147 000
147 000
147 000
147 000
Total tax
80 789
74 658
58 332
63 810
After tax
66 211
72 342
88 668
83 190
Living cost
41 914
41 914
41 914
41 914
Free-cash
24 297
30 428
46 754
41 276

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39161
₽35471
₽36507
₽38239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
36 054
national
-
-
-
7 242
pensions
-
-
-
9 738
total
-
-
-
69 392
Employee
58 565
-
118 697
-
municipal
17 464
-
35 396
-
national
-
-
6 729
-
total
17 464
-
42 125
-
Employer
58 565
-
118 697
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
70 034
147 000
-
-
income
15 407
32 340
-
-
total
15 407
32 340
-
-
Dividends
54 626
114 660
-
-
withholding
16 388
34 398
-
-
total
16 388
34 398
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 660
66 738
70 428
69 392
After tax
79 340
80 262
76 572
77 608
Living cost
41 101
41 101
41 101
41 101
Free-cash
38 239
39 161
35 471
36 507

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34129
₽56343
₽39815
₽48187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
42 197
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.

-
-
-
2 320
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.

-
-
-
6 835
trade
-
-
-
16 528
total
-
-
-
67 880
Employee

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

50 740
-
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.

239
-
2 320
-
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.

4 359
-
42 197
-
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.

6 835
-
6 835
-
total
11 433
-
51 352
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 260
147 000
-
-
income
14 440
22 050
-
-
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.

794
1 213
-
-
chamber of commerce
289
361
-
-
trade
15 835
24 182
-
-
total
31 358
47 806
-
-
Dividends
64 903
99 194
-
-
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.

872
1 342
-
-
withholding
15 845
24 418
-
-
total
16 717
25 760
-
-
Income
147 000
147 000
147 000
147 000
Total tax
59 508
73 566
51 352
67 880
After tax
87 492
73 434
95 648
79 120
Living cost
39 305
39 305
39 305
39 305
Free-cash
48 187
34 129
56 343
39 815

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74882
₽68111
₽69487
₽70729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 124
social contributions
-
-
-
16 188
health
-
-
-
3 748
total
-
-
-
45 060
Employee
76 937
76 937
135 874
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
24 385
-
health
765
1 308
2 311
-
total
12 583
14 815
35 309
-
Employer
76 937
76 937
135 874
-
health
834
1 424
2 514
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
11 127
-
Corporate
97 392
62 254
-
-
income
12 175
7 781
-
-
total
12 175
7 781
-
-
Dividends
85 218
54 473
-
-
withholding
14 487
9 260
-
-
total
14 487
9 260
-
-
Income
147 000
147 000
147 000
147 000
Total tax
43 818
39 665
46 436
45 060
After tax
103 182
107 335
100 564
101 940
Living cost
32 453
32 453
32 453
32 453
Free-cash
70 729
74 882
68 111
69 487

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64272
₽66847
₽83463
₽64654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 971
unemployment
-
-
-
2 205
health
-
-
-
10 290
pensions
-
-
-
14 700
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.

26 520
10 554
123 013
-
unemployment
398
158
1 845
-
pensions
2 652
1 055
12 301
-
income
3 242
1 290
15 038
-
health
1 856
739
8 611
-
total
8 148
3 242
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.

26 520
10 554
123 013
-
pensions
5 171
2 058
23 987
-
total
5 171
2 058
23 987
-
Corporate
115 309
134 387
-
-
income
10 378
12 095
-
-
total
10 378
12 095
-
-
Dividends
104 931
122 293
-
-
social contributions
20 341
23 726
-
-
withholding
19 937
23 236
-
-
total
40 278
46 962
-
-
Income
147 000
147 000
147 000
147 000
Total tax
63 975
64 357
61 782
45 166
After tax
83 025
82 643
85 218
101 834
Living cost
18 371
18 371
18 371
18 371
Free-cash
64 654
64 272
66 847
83 463

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93433
₽60561
₽54625
₽87216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 697
health
-
-
-
19 111
pensions
-
-
-
29 400
total
-
-
-
68 208
Employee
28 384
-
109 865
-
unemployment
454
-
1 758
-
pensions
568
-
2 197
-
income
3 196
-
21 182
-
total
4 218
-
25 137
-
Employer
28 384
-
109 865
-
health
3 689
-
14 282
-
pensions
5 677
-
21 974
-
unemployment
228
-
879
-
total
9 594
-
37 135
-
Corporate
109 022
147 000
-
-
income
21 805
29 400
-
-
total
21 805
29 400
-
-
Dividends
87 217
117 600
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
35 617
29 400
62 272
68 208
After tax
111 383
117 600
84 728
78 792
Living cost
24 167
24 167
24 167
24 167
Free-cash
87 216
93 433
60 561
54 625

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
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.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10395
₽56435
₽78301
₽8486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
39 336
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
46 397
Employee
35 083
-
130 456
-
pensions
3 950
-
7 734
-
income
4 813
-
29 047
-
health
4 017
-
14 938
-
total
12 780
-
51 719
-
Employer
35 083
-
130 456
-
pensions
5 705
-
11 169
-
accident
586
-
2 179
-
unemployment
859
-
3 196
-
total
7 150
-
16 544
-
Corporate
104 768
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.

94 291
132 300
-
-
total
94 291
132 300
-
-
Dividends
10 477
14 700
-
-
withholding
1 991
2 793
-
-
total
1 991
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
116 212
135 093
68 263
46 397
After tax
30 788
11 907
78 737
100 603
Living cost
22 302
22 302
22 302
22 302
Free-cash
8 486
-10 395
56 435
78 301

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131585
₽109535
₽137465
₽130073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 081
-
147 000
-
income
2 016
-
29 400
-
total
2 016
-
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%.

136 919
147 000
-
-
total
-
-
-
-
Dividends
136 919
147 000
-
-
withholding
6 846
7 350
-
-
total
6 846
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
8 862
7 350
29 400
1 470
After tax
138 138
139 650
117 600
145 530
Living cost
8 065
8 065
8 065
8 065
Free-cash
130 073
131 585
109 535
137 465

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81343
₽57357
₽51276
₽74581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 333
other
-
-
-
6 982
health
-
-
-
6 469
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.

-
-
-
35 280
total
-
-
-
69 064
Employee
36 329
-
117 412
-
unemployment
363
-
1 173
-
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.

2 542
-
8 220
-
income
6 254
-
22 359
-
health
509
-
1 644
-
total
9 668
-
33 396
-
Employer
36 329
-
117 412
-
health
509
-
1 644
-
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.

6 177
-
19 959
-
accident
291
-
940
-
unemployment
363
-
1 173
-
other
1 817
-
5 871
-
total
9 157
-
29 587
-
Corporate
101 516
147 000
-
-
income
21 319
30 869
-
-
total
21 319
30 869
-
-
Dividends
80 197
116 131
-
-
withholding
5 615
8 128
-
-
total
5 615
8 128
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 759
38 997
62 983
69 064
After tax
101 241
108 003
84 017
77 936
Living cost
26 660
26 660
26 660
26 660
Free-cash
74 581
81 343
57 357
51 276

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32883
₽19774
₽33231
₽30192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 073
pensions
-
-
-
8 368
total
-
-
-
47 441
Employee
93 844
-
128 670
-
pensions
9 053
-
10 498
-
income
16 916
-
30 098
-
health
1 546
-
1 973
-
total
27 515
-
42 569
-
Employer
93 844
-
128 670
-
health
1 782
-
2 444
-
pensions
11 080
-
15 885
-
total
12 862
-
18 329
-
Corporate
40 294
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.

7 655
27 929
-
-
total
7 655
27 929
-
-
Dividends
32 638
119 071
-
-
withholding
2 448
19 860
-
-
total
2 448
19 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
50 480
47 789
60 898
47 441
After tax
96 520
99 211
86 102
99 559
Living cost
66 328
66 328
66 328
66 328
Free-cash
30 192
32 883
19 774
33 231

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112572
₽107959
₽102508
₽107926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 050
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
31 379
Employee
17 364
-
140 146
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
14 014
-
health
799
-
1 607
-
total
4 251
-
19 073
-
Employer
17 364
-
140 146
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
126 229
147 000
-
-
income
12 623
14 700
-
-
total
12 623
14 700
-
-
Dividends
113 606
132 300
-
-
withholding
5 680
6 615
-
-
total
5 680
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
25 961
21 315
25 928
31 379
After tax
121 039
125 685
121 072
115 621
Living cost
13 113
13 113
13 113
13 113
Free-cash
107 926
112 572
107 959
102 508

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16860
₽33186
₽27708
₽19377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 749
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
63 810
Employee
92 763
85 442
128 406
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
15 677
-
health
11 573
11 155
12 338
-
total
37 282
36 864
39 738
-
Employer
92 763
85 442
128 406
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
37 995
46 596
-
-
income
7 599
9 319
-
-
total
7 599
9 319
-
-
Dividends
30 397
37 277
-
-
income
6 459
7 921
-
-
withholding
4 559
5 592
-
-
total
11 018
13 513
-
-
Income
147 000
147 000
147 000
147 000
Total tax
72 141
74 658
58 332
63 810
After tax
74 859
72 342
88 668
83 190
Living cost
55 482
55 482
55 482
55 482
Free-cash
19 377
16 860
33 186
27 708

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76349
₽49737
₽52815
₽67481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 707
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
19 845
total
-
-
-
69 325
Employee
36 559
-
109 701
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
7 131
-
income
4 387
-
13 164
-
health
4 936
-
14 810
-
total
11 699
-
35 105
-
Employer
36 559
-
109 701
-
health
3 290
-
9 873
-
social contributions
9 140
-
27 425
-
total
12 430
-
37 298
-
Corporate
98 011
147 000
-
-
income
18 622
27 930
-
-
total
18 622
27 930
-
-
Dividends
79 389
119 070
-
-
withholding
11 908
17 861
-
-
total
11 908
17 861
-
-
Income
147 000
147 000
147 000
147 000
Total tax
54 659
45 791
72 403
69 325
After tax
92 341
101 209
74 597
77 675
Living cost
24 860
24 860
24 860
24 860
Free-cash
67 481
76 349
49 737
52 815

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36213
₽22893
₽29747
₽30988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 809
regional
-
-
-
1 704
municipal
-
-
-
873
national
-
-
-
34 648
total
-
-
-
75 034
Employee
88 922
-
147 000
-
municipal
471
-
780
-
national
15 408
-
30 038
-
regional
839
-
1 502
-
social contributions
29 985
-
49 568
-
total
46 703
-
81 888
-
Employer
88 922
-
147 000
-
total
-
-
-
-
Corporate
58 078
147 000
-
-
municipal
2 265
5 732
-
-
nationa
13 938
35 280
-
-
total
16 203
41 012
-
-
Dividends
41 874
105 988
-
-
withholding
10 887
27 556
-
-
total
10 887
27 556
-
-
Income
147 000
147 000
147 000
147 000
Total tax
73 793
68 568
81 888
75 034
After tax
73 207
78 432
65 112
71 966
Living cost
42 219
42 219
42 219
42 219
Free-cash
30 988
36 213
22 893
29 747

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70384
₽43501
₽47678
₽67270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 713
other
-
-
-
-
surtax
-
-
-
5 115
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
77 243
Employee
33 087
-
121 438
-
other
-
-
-
-
unemployment
2 303
-
8 451
-
pensions
2 206
-
8 100
-
surtax
108
-
4 456
-
income
5 546
-
31 754
-
health
845
-
3 097
-
total
11 008
-
55 858
-
Employer
33 087
-
121 438
-
health
1 506
-
5 525
-
pensions
4 411
-
16 188
-
unemployment
1 048
-
3 849
-
other
-
-
-
-
total
6 965
-
25 562
-
Corporate
106 948
147 000
-
-
income
27 807
38 219
-
-
total
27 807
38 219
-
-
Dividends
79 141
108 781
-
-
withholding
11 871
16 318
-
-
total
11 871
16 318
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 651
54 537
81 420
77 243
After tax
89 349
92 463
65 580
69 757
Living cost
22 079
22 079
22 079
22 079
Free-cash
67 270
70 384
43 501
47 678

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53898
₽40789
₽54246
₽57023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 073
pensions
-
-
-
8 368
total
-
-
-
47 441
Employee
62 892
-
128 670
-
pensions
5 338
-
10 498
-
income
11 327
-
30 098
-
health
913
-
1 973
-
total
17 578
-
42 569
-
Employer
62 892
-
128 670
-
health
1 195
-
2 444
-
pensions
6 808
-
15 885
-
total
8 003
-
18 329
-
Corporate
76 106
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.

14 459
27 929
-
-
total
14 459
27 929
-
-
Dividends
61 646
119 071
-
-
withholding
4 624
19 860
-
-
total
4 624
19 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
44 664
47 789
60 898
47 441
After tax
102 336
99 211
86 102
99 559
Living cost
45 313
45 313
45 313
45 313
Free-cash
57 023
53 898
40 789
54 246

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12027
₽34150
₽41296
₽21879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
regional
-
-
-
6 399
health
-
-
-
332
city
-
-
-
1 549
national
-
-
-
1 716
pensions
-
-
-
13 523
total
-
-
-
26 458
Employee
92 738
-
131 572
-
unemployment
-
-
-
-
pensions
7 791
-
11 054
-
national
439
-
1 376
-
regional
3 037
-
5 485
-
city
995
-
1 413
-
health
210
-
295
-
total
12 472
-
19 623
-
Employer
92 738
-
131 572
-
health
210
-
295
-
pensions
7 791
-
11 054
-
unemployment
-
-
-
-
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.

1 854
-
2 632
-
total
9 855
-
13 981
-
Corporate
43 387
147 000
-
-
regional
9 177
31 090
-
-
national
3 688
12 495
-
-
total
12 865
43 585
-
-
Dividends
30 522
103 415
-
-
withholding
10 683
36 196
-
-
total
10 683
36 196
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 875
79 781
33 604
26 458
After tax
101 125
67 219
113 396
120 542
Living cost
79 246
79 246
79 246
79 246
Free-cash
21 879
-12 027
34 150
41 296

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26842
₽49813
₽32580
₽43069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
42 197
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.

-
-
-
2 320
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.

-
-
-
6 835
trade
-
-
-
17 233
total
-
-
-
68 585
Employee

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

60 131
-
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.

389
-
2 320
-
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.

7 071
-
42 197
-
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.

6 835
-
6 835
-
total
14 295
-
51 352
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 869
147 000
-
-
income
13 031
22 050
-
-
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.

716
1 213
-
-
chamber of commerce
273
359
-
-
trade
14 897
25 211
-
-
total
28 917
48 833
-
-
Dividends
57 952
98 167
-
-
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
1 329
-
-
withholding
14 107
24 161
-
-
total
14 884
25 490
-
-
Income
147 000
147 000
147 000
147 000
Total tax
58 096
74 323
51 352
68 585
After tax
88 904
72 677
95 648
78 415
Living cost
45 835
45 835
45 835
45 835
Free-cash
43 069
26 842
49 813
32 580

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39856
₽49829
₽49081
₽45763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 640
other
-
-
-
4 557
surtax
-
-
-
-
social contributions
-
-
-
4 189
health
-
-
-
5 303
pensions
-
-
-
28 998
total
-
-
-
63 687
Employee
42 822
-
115 536
-
pensions
4 842
-
7 299
-
surtax
-
-
-
-
social contributions
1 221
-
3 292
-
income
2 527
-
20 891
-
total
8 590
-
31 482
-
Employer
42 822
-
115 536
-
health
2 998
-
9 821
-
pensions
7 035
-
12 418
-
unemployment
1 734
-
4 678
-
social contributions
129
-
347
-
other
1 477
-
4 193
-
total
13 373
-
31 457
-
Corporate
90 806
147 000
-
-
income
25 426
41 160
-
-
surtax
-
-
-
-
total
25 426
41 160
-
-
Dividends
65 380
105 840
-
-
surtax
-
-
-
-
social contributions
11 246
18 205
-
-
withholding
8 370
13 547
-
-
total
19 616
31 752
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 005
72 912
62 939
63 687
After tax
79 995
74 088
84 061
83 313
Living cost
34 232
34 232
34 232
34 232
Free-cash
45 763
39 856
49 829
49 081

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43248
₽53221
₽52473
₽48807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 640
other
-
-
-
4 557
surtax
-
-
-
-
social contributions
-
-
-
4 189
health
-
-
-
5 303
pensions
-
-
-
28 998
total
-
-
-
63 687
Employee
38 224
-
115 536
-
pensions
4 323
-
7 299
-
surtax
-
-
-
-
social contributions
1 090
-
3 292
-
income
1 971
-
20 891
-
total
7 384
-
31 482
-
Employer
38 224
-
115 536
-
health
2 675
-
9 821
-
pensions
6 281
-
12 418
-
unemployment
1 547
-
4 678
-
social contributions
114
-
347
-
other
1 320
-
4 193
-
total
11 937
-
31 457
-
Corporate
96 838
147 000
-
-
income
27 116
41 160
-
-
surtax
-
-
-
-
total
27 116
41 160
-
-
Dividends
69 723
105 840
-
-
surtax
-
-
-
-
social contributions
11 992
18 205
-
-
withholding
8 924
13 547
-
-
total
20 916
31 752
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 353
72 912
62 939
63 687
After tax
79 647
74 088
84 061
83 313
Living cost
30 840
30 840
30 840
30 840
Free-cash
48 807
43 248
53 221
52 473

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68467
₽71015
₽73187
₽68988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 050
social contributions
-
-
-
20 286
health
-
-
-
10 261
total
-
-
-
52 597
Employee
33 924
-
147 000
-
social contributions
4 682
-
20 286
-
income
5 658
-
24 222
-
health
2 368
-
10 261
-
total
12 708
-
54 769
-
Employer
33 924
-
147 000
-
total
-
-
-
-
Corporate
113 076
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%.

5 654
7 350
-
-
total
5 654
7 350
-
-
Dividends
107 421
139 650
-
-
social contributions
14 823
19 272
-
-
withholding
16 113
20 947
-
-
health
7 498
9 748
-
-
total
38 434
49 967
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 796
57 317
54 769
52 597
After tax
90 204
89 683
92 231
94 403
Living cost
21 216
21 216
21 216
21 216
Free-cash
68 988
68 467
71 015
73 187

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽46360
₽3303
₽39893
₽44814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 363
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
589
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
71 852
Employee
50 003
39 873
113 995
-
other
499
399
1 139
-
unemployment
1 500
1 196
3 420
-
pensions
5 121
4 082
11 673
-
income
5 692
2 941
27 247
-
health
1 935
1 544
4 411
-
total
14 747
10 162
47 890
-
Employer
50 003
39 873
113 995
-
chamber of commerce
199
159
456
-
health
1 889
1 508
4 308
-
pensions
6 275
5 005
14 307
-
accident
649
518
1 481
-
unemployment
1 500
1 196
3 420
-
surtax
197
197
197
-
payroll
1 500
1 196
3 420
-
other
2 375
1 893
5 413
-
total
14 584
11 672
33 002
-
Corporate
82 411
95 454
110 201
-
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.

20 603
23 863
27 550
-
total
20 603
23 863
27 550
-
Dividends
61 808
71 591
-
-
withholding
16 997
19 688
-
-
total
16 997
19 688
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 931
65 385
108 442
71 852
After tax
80 069
81 615
38 558
75 148
Living cost
35 255
35 255
35 255
35 255
Free-cash
44 814
46 360
3 303
39 893

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45791
₽16906
₽27911
₽30785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 011
national
-
-
-
52 158
total
-
-
-
82 608
Employee

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

71 569
-
113 856
-
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.

623
-
991
-
communal

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

3 733
-
5 939
-
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.

5 368
-
8 539
-
national
22 003
-
39 649
-
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.

3 363
-
5 352
-
total
35 090
-
60 470
-
Employer

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

71 569
-
113 856
-
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.

4 401
-
7 002
-
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.

6 342
-
10 088
-
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.

930
-
1 481
-
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.

1 044
-
1 661
-
surtax
8 115
-
12 911
-
total
20 832
-
33 143
-
Corporate
54 598
147 000
-
-
income
10 920
29 400
-
-
surtax
218
589
-
-
total
11 138
29 989
-
-
Dividends
43 460
117 012
-
-
withholding

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

12 674
34 739
-
-
total
12 674
34 739
-
-
Income
147 000
147 000
147 000
147 000
Total tax
79 734
64 728
93 613
82 608
After tax
67 266
82 272
53 387
64 392
Living cost
36 481
36 481
36 481
36 481
Free-cash
30 785
45 791
16 906
27 911

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62204
₽42301
₽46691
₽54835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
36 354
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
64 175
Employee
49 805
-
117 435
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
33 111
-
total
13 671
-
39 000
-
Employer
49 805
-
117 435
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
81 320
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.

12 197
22 050
-
-
total
12 197
22 050
-
-
Dividends
69 123
124 950
-
-
withholding
14 288
26 612
-
-
total
14 288
26 612
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 031
48 662
68 565
64 175
After tax
90 969
98 338
78 435
82 825
Living cost
36 134
36 134
36 134
36 134
Free-cash
54 835
62 204
42 301
46 691

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33209
₽27440
₽21579
₽21959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 290
accident
-
-
-
1 240
income
-
-
-
20 868
surtax
-
-
-
7 287
health
-
-
-
10 329
pensions
-
-
-
22 033
total
-
-
-
71 047
Employee
75 770
-
131 309
-
pensions
6 061
-
10 506
-
surtax
4 644
-
8 047
-
income
7 319
-
25 100
-
health
3 372
-
5 842
-
total
21 396
-
49 495
-
Employer
75 770
-
131 309
-
health
2 311
-
4 004
-
pensions
6 061
-
10 506
-
accident
682
-
1 181
-
total
9 054
-
15 691
-
Corporate
62 177
147 000
-
-
communal
4 196
9 923
-
-
income
9 327
22 050
-
-
surtax
653
1 544
-
-
total
14 176
33 517
-
-
Dividends
48 001
113 484
-
-
income
18 841
8 878
-
-
withholding
7 200
17 022
-
-
total
26 041
25 900
-
-
Income
147 000
147 000
147 000
147 000
Total tax
70 667
59 417
65 186
71 047
After tax
76 333
87 583
81 814
75 953
Living cost
54 374
54 374
54 374
54 374
Free-cash
21 959
33 209
27 440
21 579

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69990
₽43107
₽47284
₽66808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 713
other
-
-
-
-
surtax
-
-
-
5 115
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
77 243
Employee
33 695
-
121 438
-
other
-
-
-
-
unemployment
2 345
-
8 451
-
pensions
2 248
-
8 100
-
surtax
120
-
4 456
-
income
5 649
-
31 754
-
health
860
-
3 097
-
total
11 222
-
55 858
-
Employer
33 695
-
121 438
-
health
1 532
-
5 525
-
pensions
4 492
-
16 188
-
unemployment
1 069
-
3 849
-
other
-
-
-
-
total
7 093
-
25 562
-
Corporate
106 212
147 000
-
-
income
27 615
38 219
-
-
total
27 615
38 219
-
-
Dividends
78 597
108 781
-
-
withholding
11 789
16 318
-
-
total
11 789
16 318
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 719
54 537
81 420
77 243
After tax
89 281
92 463
65 580
69 757
Living cost
22 473
22 473
22 473
22 473
Free-cash
66 808
69 990
43 107
47 284

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
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.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50314
₽37685
₽44501
₽48093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 809
regional
-
-
-
2 217
municipal
-
-
-
873
national
-
-
-
34 648
total
-
-
-
75 547
Employee
55 502
-
147 000
-
municipal
294
-
780
-
national
8 793
-
30 038
-
regional
747
-
1 977
-
social contributions
18 716
-
49 568
-
total
28 550
-
82 363
-
Employer
55 502
-
147 000
-
total
-
-
-
-
Corporate
91 498
147 000
-
-
municipal
4 547
7 306
-
-
nationa
21 959
35 280
-
-
total
26 506
42 586
-
-
Dividends
64 992
104 414
-
-
withholding
16 899
27 148
-
-
total
16 899
27 148
-
-
Income
147 000
147 000
147 000
147 000
Total tax
71 955
69 734
82 363
75 547
After tax
75 045
77 266
64 637
71 453
Living cost
26 952
26 952
26 952
26 952
Free-cash
48 093
50 314
37 685
44 501

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70575
₽43963
₽47041
₽59646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 707
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
19 845
total
-
-
-
69 325
Employee
45 050
-
109 701
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
7 131
-
income
5 406
-
13 164
-
health
6 082
-
14 810
-
total
14 416
-
35 105
-
Employer
45 050
-
109 701
-
health
4 055
-
9 873
-
social contributions
11 263
-
27 425
-
total
15 318
-
37 298
-
Corporate
86 632
147 000
-
-
income
16 460
27 930
-
-
total
16 460
27 930
-
-
Dividends
70 172
119 070
-
-
withholding
10 526
17 861
-
-
total
10 526
17 861
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 720
45 791
72 403
69 325
After tax
90 280
101 209
74 597
77 675
Living cost
30 634
30 634
30 634
30 634
Free-cash
59 646
70 575
43 963
47 041

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49802
₽6674
₽43424
₽49305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 363
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
589
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
71 655
Employee
43 737
39 873
114 145
-
other
437
399
1 141
-
unemployment
1 312
1 196
3 423
-
pensions
4 479
4 082
11 689
-
income
3 896
2 941
27 296
-
health
1 692
1 544
4 418
-
total
11 816
10 162
47 967
-
Employer
43 737
39 873
114 145
-
chamber of commerce
175
159
456
-
health
1 654
1 508
4 314
-
pensions
5 489
5 005
14 326
-
accident
568
518
1 485
-
unemployment
1 312
1 196
3 423
-
surtax
-
-
-
-
payroll
1 312
1 196
3 423
-
other
2 077
1 893
5 423
-
total
12 587
11 475
32 850
-
Corporate
90 677
95 651
110 353
-
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.

22 669
23 912
27 588
-
total
22 669
23 912
27 588
-
Dividends
68 008
71 739
-
-
withholding
18 702
19 728
-
-
total
18 702
19 728
-
-
Income
147 000
147 000
147 000
147 000
Total tax
65 774
65 277
108 405
71 655
After tax
81 226
81 723
38 595
75 345
Living cost
31 921
31 921
31 921
31 921
Free-cash
49 305
49 802
6 674
43 424

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127082
₽105032
₽132962
₽124725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
147 000
-
income
3 142
-
29 400
-
total
3 142
-
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%.

131 290
147 000
-
-
total
-
-
-
-
Dividends
131 290
147 000
-
-
withholding
6 565
7 350
-
-
total
6 565
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
9 707
7 350
29 400
1 470
After tax
137 293
139 650
117 600
145 530
Living cost
12 568
12 568
12 568
12 568
Free-cash
124 725
127 082
105 032
132 962

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
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.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74372
₽42548
₽46443
₽66002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 190
unemployment
-
-
-
220
health
-
-
-
14 464
pensions
-
-
-
26 846
total
-
-
-
73 720
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.

44 244
-
127 194
-
unemployment
63
-
178
-
pensions
6 858
-
19 714
-
income
7 630
-
29 699
-
health
2 858
-
8 218
-
total
17 409
-
57 809
-
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.

44 244
-
127 194
-
health
2 947
-
8 472
-
pensions
3 915
-
11 258
-
unemployment
27
-
76
-
total
6 889
-
19 806
-
Corporate
95 867
147 000
-
-
income
18 214
27 930
-
-
total
18 214
27 930
-
-
Dividends
77 653
119 070
-
-
withholding
11 649
17 861
-
-
total
11 649
17 861
-
-
Income
147 000
147 000
147 000
147 000
Total tax
54 161
45 791
77 615
73 720
After tax
92 839
101 209
69 385
73 280
Living cost
26 837
26 837
26 837
26 837
Free-cash
66 002
74 372
42 548
46 443

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45624
₽89832
₽57778
-₽4392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
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
107 581
57 565
13 357
45 411
After tax
39 419
89 435
133 643
101 589
Living cost
43 811
43 811
43 811
43 811
Free-cash
-4 392
45 624
89 832
57 778

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
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.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52230
₽38073
₽48353
₽51223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 180
surtax
-
-
-
-
social contributions

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

-
-
-
51 083
total
-
-
-
67 263
Employee
46 017
-
118 787
-
surtax
-
-
-
-
social contributions
5 062
-
13 067
-
income
9 572
-
36 265
-
total
14 634
-
49 332
-
Employer
46 017
-
118 787
-
social contributions
10 929
-
28 211
-
total
10 929
-
28 211
-
Corporate
90 054
147 000
-
-
income
18 911
30 869
-
-
surtax
-
-
-
-
total
18 911
30 869
-
-
Dividends
71 143
116 131
-
-
withholding
19 919
32 517
-
-
total
19 919
32 517
-
-
Income
147 000
147 000
147 000
147 000
Total tax
64 393
63 386
77 543
67 263
After tax
82 607
83 614
69 457
79 737
Living cost
31 384
31 384
31 384
31 384
Free-cash
51 223
52 230
38 073
48 353

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25763
₽35736
₽34988
₽32640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 640
other
-
-
-
4 557
surtax
-
-
-
-
social contributions
-
-
-
4 189
health
-
-
-
5 303
pensions
-
-
-
28 998
total
-
-
-
63 687
Employee
62 666
-
115 536
-
pensions
7 088
-
7 299
-
surtax
-
-
-
-
social contributions
1 785
-
3 292
-
income
5 468
-
20 891
-
total
14 341
-
31 482
-
Employer
62 666
-
115 536
-
health
4 386
-
9 821
-
pensions
10 297
-
12 418
-
unemployment
2 539
-
4 678
-
social contributions
188
-
347
-
other
2 163
-
4 193
-
total
19 573
-
31 457
-
Corporate
64 762
147 000
-
-
income
18 133
41 160
-
-
surtax
-
-
-
-
total
18 133
41 160
-
-
Dividends
46 629
105 840
-
-
surtax
-
-
-
-
social contributions
8 020
18 205
-
-
withholding
5 968
13 547
-
-
total
13 988
31 752
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 035
72 912
62 939
63 687
After tax
80 965
74 088
84 061
83 313
Living cost
48 325
48 325
48 325
48 325
Free-cash
32 640
25 763
35 736
34 988

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102224
₽83100
₽79195
₽98864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 390
social contributions
-
-
-
32 339
total
-
-
-
37 729
Employee
32 166
-
127 272
-
income
-
-
5 823
-
social contributions
2 090
-
8 273
-
total
2 090
-
14 096
-
Employer
32 166
-
127 272
-
social contributions
4 986
-
19 728
-
total
4 986
-
19 728
-
Corporate
109 848
147 000
-
-
income
10 984
14 700
-
-
total
10 984
14 700
-
-
Dividends
98 863
132 300
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
18 060
14 700
33 824
37 729
After tax
128 940
132 300
113 176
109 271
Living cost
30 076
30 076
30 076
30 076
Free-cash
98 864
102 224
83 100
79 195

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70883
-₽70883
₽40220
-₽70883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
11 691
municipal
-
-
-
29 755
national
-
-
-
16 306
pensions
-
-
-
867
total
-
-
-
58 619
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
169 722
169 722
169 722
58 619
After tax
-22 722
-22 722
-22 722
88 381
Living cost
48 161
48 161
48 161
48 161
Free-cash
-70 883
-70 883
-70 883
40 220

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10066
₽56764
₽78630
₽8538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
39 336
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
46 397
Employee
34 565
-
130 456
-
pensions
3 892
-
7 734
-
income
4 742
-
29 047
-
health
3 958
-
14 938
-
total
12 592
-
51 719
-
Employer
34 565
-
130 456
-
pensions
5 620
-
11 169
-
accident
577
-
2 179
-
unemployment
847
-
3 196
-
total
7 044
-
16 544
-
Corporate
105 390
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.

94 851
132 300
-
-
total
94 851
132 300
-
-
Dividends
10 539
14 700
-
-
withholding
2 002
2 793
-
-
total
2 002
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
116 489
135 093
68 263
46 397
After tax
30 511
11 907
78 737
100 603
Living cost
21 973
21 973
21 973
21 973
Free-cash
8 538
-10 066
56 764
78 630

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55517
₽40561
₽60648
₽57329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 846
municipal
-
-
-
26 128
national
-
-
-
19 964
total
-
-
-
47 938
Employee
52 641
-
123 665
-
municipal
8 622
-
20 155
-
unemployment
790
-
1 855
-
pensions
3 553
-
8 347
-
national
870
-
12 846
-
health
393
-
1 487
-
total
14 228
-
44 690
-
Employer
52 641
-
123 665
-
health
404
-
953
-
pensions
9 133
-
21 456
-
accident
53
-
123
-
unemployment
342
-
803
-
total
9 932
-
23 335
-
Corporate
84 427
147 000
-
-
income
16 885
29 400
-
-
total
16 885
29 400
-
-
Dividends

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

50 656
88 200
-
-
municipal
9 118
15 875
-
-
national
1 094
7 794
-
-
total
10 212
23 669
-
-
Income
147 000
147 000
147 000
147 000
Total tax
51 257
53 069
68 025
47 938
After tax
95 743
93 931
78 975
99 062
Living cost
38 414
38 414
38 414
38 414
Free-cash
57 329
55 517
40 561
60 648

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84170
₽77399
₽78775
₽78724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 124
social contributions
-
-
-
16 188
health
-
-
-
3 748
total
-
-
-
45 060
Employee
76 937
76 937
135 874
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
24 385
-
health
596
1 308
2 311
-
total
11 882
14 815
35 309
-
Employer
76 937
76 937
135 874
-
health
647
1 424
2 514
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
11 127
-
Corporate
108 396
62 254
-
-
income
13 549
7 781
-
-
total
13 549
7 781
-
-
Dividends
94 847
54 473
-
-
withholding
16 124
9 260
-
-
total
16 124
9 260
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 111
39 665
46 436
45 060
After tax
101 889
107 335
100 564
101 940
Living cost
23 165
23 165
23 165
23 165
Free-cash
78 724
84 170
77 399
78 775

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105844
₽86317
₽106385
₽100756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 715
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
24 729
Employee

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

22 966
-
137 222
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
12 234
-
health
1 952
-
8 070
-
total
7 080
-
35 019
-
Employer

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

22 966
-
137 222
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
121 670
147 000
-
-
income
10 950
13 230
-
-
total
10 950
13 230
-
-
Dividends
110 720
133 770
-
-
withholding
9 964
12 040
-
-
total
9 964
12 040
-
-
Income
147 000
147 000
147 000
147 000
Total tax
30 358
25 270
44 797
24 729
After tax
116 642
121 730
102 203
122 271
Living cost
15 886
15 886
15 886
15 886
Free-cash
100 756
105 844
86 317
106 385

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70824
₽50921
₽55311
₽66176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
36 354
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
64 175
Employee
36 996
-
117 435
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
33 111
-
total
9 481
-
39 000
-
Employer
36 996
-
117 435
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
98 209
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.

14 732
22 050
-
-
total
14 732
22 050
-
-
Dividends
83 477
124 950
-
-
withholding
17 303
26 612
-
-
total
17 303
26 612
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 310
48 662
68 565
64 175
After tax
93 690
98 338
78 435
82 825
Living cost
27 514
27 514
27 514
27 514
Free-cash
66 176
70 824
50 921
55 311

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89788
₽92333
₽92471
₽89469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 148
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
52 589
Employee
2 954
-
145 408
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
50 074
-
health
148
-
354
-
total
1 015
-
51 136
-
Employer
2 954
-
145 408
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
143 381
147 000
-
-
income
31 544
32 340
-
-
total
31 544
32 340
-
-
Dividends
111 837
114 660
-
-
withholding
22 367
22 932
-
-
total
22 367
22 932
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 591
55 272
52 727
52 589
After tax
91 409
91 728
94 273
94 411
Living cost
1 940
1 940
1 940
1 940
Free-cash
89 469
89 788
92 333
92 471

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88906
₽69178
₽69179
₽83981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 571
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
60 519
Employee

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

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

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

26 090
-
133 765
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
32 571
-
health
1 344
-
3 808
-
total
8 789
-
47 285
-
Employer

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

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

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

26 090
-
133 765
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
116 240
147 000
-
-
income
17 436
22 050
-
-
total
17 436
22 050
-
-
Dividends
98 804
124 950
-
-
withholding
14 821
18 742
-
-
total
14 821
18 742
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 717
40 792
60 520
60 519
After tax
101 283
106 208
86 480
86 481
Living cost
17 302
17 302
17 302
17 302
Free-cash
83 981
88 906
69 178
69 179

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56640
₽42483
₽52763
₽56279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 180
surtax
-
-
-
-
social contributions

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

-
-
-
51 083
total
-
-
-
67 263
Employee
38 833
-
118 787
-
surtax
-
-
-
-
social contributions
4 272
-
13 067
-
income
7 588
-
36 265
-
total
11 860
-
49 332
-
Employer
38 833
-
118 787
-
social contributions
9 222
-
28 211
-
total
9 222
-
28 211
-
Corporate
98 945
147 000
-
-
income
20 778
30 869
-
-
surtax
-
-
-
-
total
20 778
30 869
-
-
Dividends
78 167
116 131
-
-
withholding
21 887
32 517
-
-
total
21 887
32 517
-
-
Income
147 000
147 000
147 000
147 000
Total tax
63 747
63 386
77 543
67 263
After tax
83 253
83 614
69 457
79 737
Living cost
26 974
26 974
26 974
26 974
Free-cash
56 279
56 640
42 483
52 763

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
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.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63175
₽43272
₽47662
₽56145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
36 354
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
64 175
Employee
48 322
-
117 435
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
33 111
-
total
13 159
-
39 000
-
Employer
48 322
-
117 435
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
83 272
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.

12 492
22 050
-
-
total
12 492
22 050
-
-
Dividends
70 781
124 950
-
-
withholding
14 635
26 612
-
-
total
14 635
26 612
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 692
48 662
68 565
64 175
After tax
91 308
98 338
78 435
82 825
Living cost
35 164
35 164
35 164
35 164
Free-cash
56 145
63 175
43 272
47 662

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108480
₽103867
₽98416
₽102385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 050
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
31 379
Employee
22 782
-
140 146
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
14 014
-
health
1 048
-
1 607
-
total
5 577
-
19 073
-
Employer
22 782
-
140 146
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
119 748
147 000
-
-
income
11 974
14 700
-
-
total
11 974
14 700
-
-
Dividends
107 773
132 300
-
-
withholding
5 389
6 615
-
-
total
5 389
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
27 410
21 315
25 928
31 379
After tax
119 590
125 685
121 072
115 621
Living cost
17 205
17 205
17 205
17 205
Free-cash
102 385
108 480
103 867
98 416

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37072
₽57020
₽42601
₽50165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
42 197
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.

-
-
-
2 320
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.

-
-
-
6 835
trade
-
-
-
14 419
total
-
-
-
65 771
Employee

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

49 783
-
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.

226
-
2 320
-
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.

4 094
-
42 197
-
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.

6 835
-
6 835
-
total
11 155
-
51 352
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 217
147 000
-
-
income
14 582
22 050
-
-
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.

801
1 213
-
-
chamber of commerce
294
368
-
-
trade
13 950
21 095
-
-
total
29 627
44 726
-
-
Dividends
67 589
102 274
-
-
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.

908
1 386
-
-
withholding
16 517
25 188
-
-
total
17 425
26 574
-
-
Income
147 000
147 000
147 000
147 000
Total tax
58 207
71 300
51 352
65 771
After tax
88 793
75 700
95 648
81 229
Living cost
38 628
38 628
38 628
38 628
Free-cash
50 165
37 072
57 020
42 601

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45903
₽23894
₽23894
₽48115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 262
social contributions
-
-
-
23 849
total
-
-
-
66 111
Employee
78 265
-
147 000
-
income
14 768
-
42 262
-
social contributions
6 502
-
23 849
-
total
21 270
-
66 111
-
Employer
78 265
-
147 000
-
total
-
-
-
-
Corporate
68 735
147 000
-
-
income
8 592
18 376
-
-
total
8 592
18 376
-
-
Dividends
60 144
128 624
-
-
withholding
12 028
25 726
-
-
total
12 028
25 726
-
-
Income
147 000
147 000
147 000
147 000
Total tax
41 890
44 102
66 111
66 111
After tax
105 110
102 898
80 889
80 889
Living cost
56 995
56 995
56 995
56 995
Free-cash
48 115
45 903
23 894
23 894

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53944
₽69986
₽76180
₽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

We use The Residence Programme or The Global Residence Programme.

-
-
-
147 000
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
142 398
-
income
4 980
-
31 490
-
social contributions
4 599
-
4 602
-
total
9 579
-
36 092
-
Employer
45 899
-
142 398
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
96 502
147 000
-
-
income
33 776
51 450
-
-
total
33 776
51 450
-
-
Dividends
62 726
95 550
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 240
56 736
40 694
34 500
After tax
93 760
90 264
106 306
112 500
Living cost
36 320
36 320
36 320
36 320
Free-cash
57 440
53 944
69 986
76 180

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62373
₽49264
₽62721
₽67706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 073
pensions
-
-
-
8 368
total
-
-
-
47 441
Employee
50 566
-
128 670
-
pensions
3 859
-
10 498
-
income
9 208
-
30 098
-
health
660
-
1 973
-
total
13 727
-
42 569
-
Employer
50 566
-
128 670
-
health
961
-
2 444
-
pensions
5 109
-
15 885
-
total
6 070
-
18 329
-
Corporate
90 364
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.

17 170
27 929
-
-
total
17 170
27 929
-
-
Dividends
73 195
119 071
-
-
withholding
5 489
19 860
-
-
total
5 489
19 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
42 456
47 789
60 898
47 441
After tax
104 544
99 211
86 102
99 559
Living cost
36 838
36 838
36 838
36 838
Free-cash
67 706
62 373
49 264
62 721

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
-₽12242
₽54588
₽76454
₽8204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
39 336
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
46 397
Employee
37 987
-
130 456
-
pensions
4 277
-
7 734
-
income
5 211
-
29 047
-
health
4 349
-
14 938
-
total
13 837
-
51 719
-
Employer
37 987
-
130 456
-
pensions
6 176
-
11 169
-
accident
634
-
2 179
-
unemployment
931
-
3 196
-
total
7 741
-
16 544
-
Corporate
101 272
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.

91 145
132 300
-
-
total
91 145
132 300
-
-
Dividends
10 127
14 700
-
-
withholding
1 924
2 793
-
-
total
1 924
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
114 647
135 093
68 263
46 397
After tax
32 353
11 907
78 737
100 603
Living cost
24 149
24 149
24 149
24 149
Free-cash
8 204
-12 242
54 588
76 454

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
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.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110187
₽87691
₽69266
₽105505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 795
unemployment
-
-
-
1 764
work injury
-
-
-
735
health insurance
-
-
-
10 878
pensions
-
-
-
27 048
total
-
-
-
64 220
Employee

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

21 623
-
147 000
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
23 795
-
total
8 108
-
45 795
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 377
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
124 123
145 530
-
-
withholding
18 619
21 829
-
-
total
18 619
21 829
-
-
Income
147 000
147 000
147 000
147 000
Total tax
27 981
23 299
45 795
64 220
After tax
119 019
123 701
101 205
82 780
Living cost
13 514
13 514
13 514
13 514
Free-cash
105 505
110 187
87 691
69 266

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37570
₽23752
₽30365
₽33020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 809
regional
-
-
-
3 335
municipal
-
-
-
984
national
-
-
-
34 648
total
-
-
-
76 776
Employee
84 312
-
147 000
-
municipal
503
-
877
-
national
14 248
-
30 038
-
regional
1 273
-
2 906
-
social contributions
28 430
-
49 568
-
total
44 454
-
83 389
-
Employer
84 312
-
147 000
-
total
-
-
-
-
Corporate
62 688
147 000
-
-
municipal
3 021
7 086
-
-
nationa
15 045
35 280
-
-
total
18 066
42 366
-
-
Dividends
44 622
104 634
-
-
withholding
11 601
27 205
-
-
total
11 601
27 205
-
-
Income
147 000
147 000
147 000
147 000
Total tax
74 121
69 571
83 389
76 776
After tax
72 879
77 429
63 611
70 224
Living cost
39 859
39 859
39 859
39 859
Free-cash
33 020
37 570
23 752
30 365

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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