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
₽43767
₽54874
₽49480
₽65277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 798
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.

-
-
-
42 121
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.

-
-
-
6 862
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.

-
-
-
2 316
total
-
-
-
67 097
Employee

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

38 418
-
147 000
-
health

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

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

6 862
-
6 862
-
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
-
2 316
-
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.

1 073
-
42 121
-
total
7 994
-
51 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 582
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.

896
1 212
-
-
income
16 288
22 050
-
-
trade
17 102
23 153
-
-
chamber of commerce
309
364
-
-
total
34 595
46 779
-
-
Dividends
73 988
100 220
-
-
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.

997
1 357
-
-
withholding
18 116
24 673
-
-
total
19 113
26 030
-
-
Income
147 000
147 000
147 000
147 000
Total tax
61 702
72 809
51 299
67 097
After tax
85 298
74 191
95 701
79 903
Living cost
30 423
30 423
30 423
30 423
Free-cash
54 874
43 767
65 277
49 480

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41045
₽40202
₽36564
₽37719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
15 898
pensions
-
-
-
17 640
national
-
-
-
24 635
social contributions
-
-
-
1 580
total
-
-
-
59 753
Employee
78 568
-
127 080
-
municipal
9 704
-
16 467
-
pensions
3 143
-
5 083
-
national
15 038
-
25 516
-
total
27 885
-
47 066
-
Employer
78 568
-
127 080
-
social contributions
845
-
1 366
-
pensions
6 285
-
10 166
-
total
7 130
-
11 532
-
Corporate
56 117
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%.

11 223
29 400
-
-
total
11 223
29 400
-
-
Dividends
44 893
117 600
-
-
withholding
9 877
25 872
-
-
total
9 877
25 872
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 115
55 272
58 598
59 753
After tax
90 885
91 728
88 402
87 247
Living cost
50 683
50 683
50 683
50 683
Free-cash
40 202
41 045
37 719
36 564

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96703
₽88462
₽26320
₽69038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
147 000
microenterprise
-
-
-
-
income
-
-
-
23 814
surtax
-
-
-
37 485
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.

-
-
-
38 484
total
-
-
-
99 783
Employee
29 350
-
104 768
-
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.

3 229
-
11 524
-
surtax
-
-
-
-
income
5 225
-
20 302
-
total
8 454
-
31 826
-
Employer
29 350
-
104 768
-
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.

7 070
-
25 239
-
surtax
-
-
-
-
total
7 070
-
25 239
-
Corporate
110 580
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%.

22 117
29 400
-
-
total
22 117
29 400
-
-
Dividends

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

88 464
117 600
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
37 641
29 400
57 065
99 783
After tax
109 359
117 600
89 935
47 217
Living cost
20 897
20 897
20 897
20 897
Free-cash
88 462
96 703
69 038
26 320

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30256
₽24102
₽41161
₽46517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 608
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
63 762
Employee
85 775
85 775
128 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
15 586
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
39 740
-
Employer
85 775
85 775
128 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
47 257
46 205
-
-
income
9 452
9 241
-
-
total
9 452
9 241
-
-
Dividends
37 805
36 964
-
-
income
8 034
7 855
-
-
withholding
5 671
5 545
-
-
total
13 705
13 400
-
-
Income
147 000
147 000
147 000
147 000
Total tax
80 821
74 667
58 406
63 762
After tax
66 179
72 333
88 594
83 238
Living cost
42 077
42 077
42 077
42 077
Free-cash
24 102
30 256
46 517
41 161

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽41301
₽40426
₽38065
₽37120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
36 459
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
8 778
total
-
-
-
69 974
Employee
55 516
-
120 171
-
municipal
16 555
-
35 835
-
national
-
-
8 255
-
total
16 555
-
44 090
-
Employer
55 516
-
120 171
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
74 041
147 000
-
-
income
16 289
32 340
-
-
total
16 289
32 340
-
-
Dividends
57 752
114 660
-
-
withholding
17 326
34 398
-
-
total
17 326
34 398
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 613
66 738
70 919
69 974
After tax
79 387
80 262
76 081
77 026
Living cost
38 961
38 961
38 961
38 961
Free-cash
40 426
41 301
37 120
38 065

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33976
₽48089
₽39744
₽56243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 499
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.

-
-
-
42 121
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.

-
-
-
6 862
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.

-
-
-
2 316
total
-
-
-
67 798
Employee

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

50 937
-
147 000
-
health

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

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

6 862
-
6 862
-
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.

240
-
2 316
-
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.

4 376
-
42 121
-
total
11 478
-
51 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 063
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.

793
1 212
-
-
income
14 410
22 050
-
-
trade
15 802
24 181
-
-
chamber of commerce
290
362
-
-
total
31 295
47 805
-
-
Dividends
64 769
99 195
-
-
surtax

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

869
1 344
-
-
withholding
15 811
24 417
-
-
total
16 680
25 761
-
-
Income
147 000
147 000
147 000
147 000
Total tax
59 453
73 566
51 299
67 798
After tax
87 547
73 434
95 701
79 202
Living cost
39 458
39 458
39 458
39 458
Free-cash
48 089
33 976
56 243
39 744

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74757
₽70592
₽69394
₽68019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 027
health
-
-
-
3 749
social contributions
-
-
-
16 251
total
-
-
-
45 027
Employee
77 236
77 236
135 842
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 310
-
income
8 110
7 150
24 288
-
total
12 631
14 873
35 244
-
Employer
77 236
77 236
135 842
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 512
-
total
4 590
7 840
11 158
-
Corporate
97 200
61 924
-
-
income
12 150
7 741
-
-
total
12 150
7 741
-
-
Dividends
85 050
54 183
-
-
withholding
14 458
9 210
-
-
total
14 458
9 210
-
-
Income
147 000
147 000
147 000
147 000
Total tax
43 829
39 664
46 402
45 027
After tax
103 171
107 336
100 598
101 973
Living cost
32 579
32 579
32 579
32 579
Free-cash
70 592
74 757
68 019
69 394

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64408
₽64789
₽83602
₽66986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
14 700
unemployment
-
-
-
2 205
health
-
-
-
10 290
total
-
-
-
45 166
Employee

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
123 013
-
health
1 842
733
8 611
-
income
3 217
1 281
15 038
-
pensions
2 632
1 047
12 301
-
unemployment
395
157
1 845
-
total
8 086
3 218
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.

26 319
10 475
123 013
-
pensions
5 132
2 043
23 987
-
total
5 132
2 043
23 987
-
Corporate
115 549
134 483
-
-
income
10 399
12 103
-
-
total
10 399
12 103
-
-
Dividends
105 149
122 379
-
-
social contributions
20 384
23 744
-
-
withholding
19 978
23 252
-
-
total
40 362
46 996
-
-
Income
147 000
147 000
147 000
147 000
Total tax
63 979
64 360
61 782
45 166
After tax
83 021
82 640
85 218
101 834
Living cost
18 232
18 232
18 232
18 232
Free-cash
64 789
64 408
66 986
83 602

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93339
₽87098
₽54530
₽60466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 698
pensions
-
-
-
29 400
health
-
-
-
19 111
total
-
-
-
68 209
Employee
28 494
-
109 865
-
income
3 208
-
21 183
-
pensions
570
-
2 198
-
unemployment
456
-
1 757
-
total
4 234
-
25 138
-
Employer
28 494
-
109 865
-
unemployment
229
-
879
-
pensions
5 699
-
21 974
-
health
3 704
-
14 282
-
total
9 632
-
37 135
-
Corporate
108 874
147 000
-
-
income
21 775
29 400
-
-
total
21 775
29 400
-
-
Dividends
87 099
117 600
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
35 641
29 400
62 273
68 209
After tax
111 359
117 600
84 727
78 791
Living cost
24 261
24 261
24 261
24 261
Free-cash
87 098
93 339
60 466
54 530

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10137
₽8525
₽78553
₽56767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
39 425
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
46 403
Employee
34 676
-
130 581
-
health
3 970
-
14 951
-
income
4 757
-
29 174
-
pensions
3 905
-
7 645
-
total
12 632
-
51 770
-
Employer
34 676
-
130 581
-
accident
579
-
2 181
-
unemployment
850
-
3 199
-
pensions
5 639
-
11 039
-
total
7 068
-
16 419
-
Corporate
105 257
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.

94 731
132 300
-
-
total
94 731
132 300
-
-
Dividends
10 526
14 700
-
-
withholding
2 000
2 793
-
-
total
2 000
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
116 431
135 093
68 189
46 403
After tax
30 569
11 907
78 811
100 597
Living cost
22 044
22 044
22 044
22 044
Free-cash
8 525
-10 137
56 767
78 553

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130550
₽128844
₽136430
₽108500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
147 000
-
income
2 275
-
29 400
-
total
2 275
-
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%.

135 626
147 000
-
-
total
-
-
-
-
Dividends
135 626
147 000
-
-
withholding
6 781
7 350
-
-
total
6 781
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
9 056
7 350
29 400
1 470
After tax
137 944
139 650
117 600
145 530
Living cost
9 100
9 100
9 100
9 100
Free-cash
128 844
130 550
108 500
136 430

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81237
₽74452
₽51190
₽57268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 317
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
other
-
-
-
6 982
health
-
-
-
6 467
total
-
-
-
69 046
Employee
36 470
-
117 412
-
health
511
-
1 643
-
income
6 279
-
22 343
-
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.

2 552
-
8 219
-
unemployment
364
-
1 174
-
total
9 706
-
33 379
-
Employer
36 470
-
117 412
-
accident
292
-
940
-
other
1 824
-
5 871
-
unemployment
364
-
1 174
-
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.

6 201
-
19 961
-
health
511
-
1 643
-
total
9 192
-
29 589
-
Corporate
101 339
147 000
-
-
income
21 282
30 869
-
-
total
21 282
30 869
-
-
Dividends
80 057
116 131
-
-
withholding
5 604
8 130
-
-
total
5 604
8 130
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 784
38 999
62 968
69 046
After tax
101 216
108 001
84 032
77 954
Living cost
26 764
26 764
26 764
26 764
Free-cash
74 452
81 237
57 268
51 190

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32329
₽29257
₽32612
₽19141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 854
pensions
-
-
-
8 433
total
-
-
-
47 287
Employee
94 938
-
128 687
-
health
1 564
-
1 982
-
income
17 114
-
29 874
-
pensions
9 159
-
10 589
-
total
27 837
-
42 445
-
Employer
94 938
-
128 687
-
pensions
11 209
-
15 867
-
health
1 803
-
2 446
-
total
13 012
-
18 313
-
Corporate
39 050
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.

7 420
27 930
-
-
total
7 420
27 930
-
-
Dividends
31 630
119 070
-
-
withholding
2 373
19 640
-
-
total
2 373
19 640
-
-
Income
147 000
147 000
147 000
147 000
Total tax
50 642
47 570
60 758
47 287
After tax
96 358
99 430
86 242
99 713
Living cost
67 101
67 101
67 101
67 101
Free-cash
29 257
32 329
19 141
32 612

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112517
₽107853
₽102416
₽107857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 416
Employee
17 436
-
140 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 012
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 092
-
Employer
17 436
-
140 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
126 143
147 000
-
-
income
12 614
14 700
-
-
total
12 614
14 700
-
-
Dividends
113 529
132 300
-
-
withholding
5 676
6 615
-
-
total
5 676
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
25 979
21 315
25 975
31 416
After tax
121 021
125 685
121 025
115 584
Living cost
13 168
13 168
13 168
13 168
Free-cash
107 853
112 517
107 857
102 416

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16636
₽19163
₽27541
₽32897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 608
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
63 762
Employee
93 124
85 775
128 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
15 586
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
39 740
-
Employer
93 124
85 775
128 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
37 571
46 205
-
-
income
7 514
9 241
-
-
total
7 514
9 241
-
-
Dividends
30 058
36 964
-
-
income
6 387
7 855
-
-
withholding
4 508
5 545
-
-
total
10 895
13 400
-
-
Income
147 000
147 000
147 000
147 000
Total tax
72 140
74 667
58 406
63 762
After tax
74 860
72 333
88 594
83 238
Living cost
55 697
55 697
55 697
55 697
Free-cash
19 163
16 636
32 897
27 541

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77190
₽68620
₽54682
₽50577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 889
health
-
-
-
19 845
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
68 298
Employee
35 324
-
109 701
-
social contributions
2 296
-
7 131
-
health
4 769
-
14 810
-
solidarity contribution
-
-
-
-
income
4 239
-
13 164
-
total
11 304
-
35 105
-
Employer
35 324
-
109 701
-
social contributions
8 831
-
27 425
-
health
3 179
-
9 873
-
total
12 010
-
37 298
-
Corporate
99 666
147 000
-
-
income
18 937
27 930
-
-
total
18 937
27 930
-
-
Dividends
80 729
119 070
-
-
withholding
12 109
17 860
-
-
total
12 109
17 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
54 360
45 790
72 403
68 298
After tax
92 640
101 210
74 597
78 702
Living cost
24 020
24 020
24 020
24 020
Free-cash
68 620
77 190
50 577
54 682

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36045
₽30803
₽29621
₽22756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
873
regional
-
-
-
1 705
national
-
-
-
34 609
social contributions
-
-
-
37 808
total
-
-
-
74 995
Employee
89 268
-
147 000
-
social contributions
30 101
-
49 568
-
regional
842
-
1 502
-
municipal
473
-
780
-
national
15 468
-
30 010
-
total
46 884
-
81 860
-
Employer
89 268
-
147 000
-
total
-
-
-
-
Corporate
57 732
147 000
-
-
nationa
13 855
35 280
-
-
municipal
2 251
5 734
-
-
total
16 106
41 014
-
-
Dividends
41 625
105 986
-
-
withholding
10 823
27 557
-
-
total
10 823
27 557
-
-
Income
147 000
147 000
147 000
147 000
Total tax
73 813
68 571
81 860
74 995
After tax
73 187
78 429
65 140
72 005
Living cost
42 384
42 384
42 384
42 384
Free-cash
30 803
36 045
22 756
29 621

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70301
₽67172
₽47591
₽43485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 595
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 093
total
-
-
-
77 245
Employee
33 216
-
121 435
-
other
-
-
-
-
health
848
-
3 097
-
surtax
109
-
4 443
-
income
5 568
-
31 699
-
pensions
2 215
-
8 099
-
unemployment
2 312
-
8 452
-
total
11 052
-
55 790
-
Employer
33 216
-
121 435
-
other
-
-
-
-
unemployment
1 052
-
3 850
-
pensions
4 428
-
16 187
-
health
1 512
-
5 524
-
total
6 992
-
25 561
-
Corporate
106 792
147 000
-
-
income
27 766
38 219
-
-
total
27 766
38 219
-
-
Dividends
79 026
108 781
-
-
withholding
11 854
16 316
-
-
total
11 854
16 316
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 664
54 535
81 351
77 245
After tax
89 336
92 465
65 649
69 755
Living cost
22 164
22 164
22 164
22 164
Free-cash
67 172
70 301
43 485
47 591

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53588
₽56402
₽53871
₽40400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 854
pensions
-
-
-
8 433
total
-
-
-
47 287
Employee
63 625
-
128 687
-
health
924
-
1 982
-
income
11 459
-
29 874
-
pensions
5 400
-
10 589
-
total
17 783
-
42 445
-
Employer
63 625
-
128 687
-
pensions
6 887
-
15 867
-
health
1 209
-
2 446
-
total
8 096
-
18 313
-
Corporate
75 279
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.

14 303
27 930
-
-
total
14 303
27 930
-
-
Dividends
60 976
119 070
-
-
withholding
4 574
19 640
-
-
total
4 574
19 640
-
-
Income
147 000
147 000
147 000
147 000
Total tax
44 756
47 570
60 758
47 287
After tax
102 244
99 430
86 242
99 713
Living cost
45 842
45 842
45 842
45 842
Free-cash
56 402
53 588
40 400
53 871

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9175
₽23512
₽43924
₽36787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 550
pensions
-
-
-
13 525
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
-
-
-
6 544
health
-
-
-
332
national
-
-
-
1 792
total
-
-
-
26 682
Employee
89 401
-
131 574
-
city
959
-
1 413
-
regional
2 927
-
5 629
-
health
202
-
296
-
pensions
7 511
-
11 050
-
unemployment
-
-
-
-
national
423
-
1 454
-
total
12 022
-
19 842
-
Employer
89 401
-
131 574
-
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.

1 787
-
2 631
-
unemployment
-
-
-
-
pensions
7 511
-
11 050
-
health
202
-
296
-
total
9 500
-
13 977
-
Corporate
47 116
147 000
-
-
regional
9 965
31 091
-
-
national
4 005
12 495
-
-
total
13 970
43 586
-
-
Dividends
33 145
103 414
-
-
withholding
11 602
36 195
-
-
total
11 602
36 195
-
-
Income
147 000
147 000
147 000
147 000
Total tax
47 094
79 781
33 819
26 682
After tax
99 906
67 219
113 181
120 318
Living cost
76 394
76 394
76 394
76 394
Free-cash
23 512
-9 175
36 787
43 924

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26665
₽42951
₽32486
₽49687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 201
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.

-
-
-
42 121
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.

-
-
-
6 862
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.

-
-
-
2 316
total
-
-
-
68 500
Employee

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

60 365
-
147 000
-
health

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

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

6 862
-
6 862
-
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.

391
-
2 316
-
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.

7 098
-
42 121
-
total
14 351
-
51 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 635
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.

715
1 212
-
-
income
12 996
22 050
-
-
trade
14 858
25 210
-
-
chamber of commerce
274
360
-
-
total
28 843
48 832
-
-
Dividends
57 792
98 168
-
-
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.

774
1 329
-
-
withholding
14 067
24 160
-
-
total
14 841
25 489
-
-
Income
147 000
147 000
147 000
147 000
Total tax
58 035
74 321
51 299
68 500
After tax
88 965
72 679
95 701
78 500
Living cost
46 014
46 014
46 014
46 014
Free-cash
42 951
26 665
49 687
32 486

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39725
₽45655
₽48956
₽49766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 585
pensions
-
-
-
29 065
other
-
-
-
4 557
health
-
-
-
5 282
surtax
-
-
-
-
social contributions
-
-
-
4 190
total
-
-
-
63 679
Employee
42 988
-
115 578
-
social contributions
1 226
-
3 294
-
surtax
-
-
-
-
income
2 537
-
20 866
-
pensions
4 861
-
7 287
-
total
8 624
-
31 447
-
Employer
42 988
-
115 578
-
other
1 483
-
4 188
-
social contributions
130
-
347
-
unemployment
1 740
-
4 681
-
pensions
7 062
-
12 400
-
health
3 010
-
9 806
-
total
13 425
-
31 422
-
Corporate
90 587
147 000
-
-
surtax
-
-
-
-
income
25 365
41 160
-
-
total
25 365
41 160
-
-
Dividends
65 222
105 840
-
-
surtax
-
-
-
-
social contributions
11 217
18 203
-
-
withholding
8 349
13 547
-
-
total
19 566
31 750
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 980
72 910
62 869
63 679
After tax
80 020
74 090
84 131
83 321
Living cost
34 365
34 365
34 365
34 365
Free-cash
45 655
39 725
49 766
48 956

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
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.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43130
₽48708
₽52361
₽53171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 585
pensions
-
-
-
29 065
other
-
-
-
4 557
health
-
-
-
5 282
surtax
-
-
-
-
social contributions
-
-
-
4 190
total
-
-
-
63 679
Employee
38 373
-
115 578
-
social contributions
1 094
-
3 294
-
surtax
-
-
-
-
income
1 979
-
20 866
-
pensions
4 340
-
7 287
-
total
7 413
-
31 447
-
Employer
38 373
-
115 578
-
other
1 325
-
4 188
-
social contributions
114
-
347
-
unemployment
1 553
-
4 681
-
pensions
6 305
-
12 400
-
health
2 686
-
9 806
-
total
11 983
-
31 422
-
Corporate
96 643
147 000
-
-
surtax
-
-
-
-
income
27 061
41 160
-
-
total
27 061
41 160
-
-
Dividends
69 582
105 840
-
-
surtax
-
-
-
-
social contributions
11 968
18 203
-
-
withholding
8 907
13 547
-
-
total
20 875
31 750
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 332
72 910
62 869
63 679
After tax
79 668
74 090
84 131
83 321
Living cost
30 960
30 960
30 960
30 960
Free-cash
48 708
43 130
53 171
52 361

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
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.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68382
₽68905
₽73103
₽70951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 261
social contributions
-
-
-
20 287
total
-
-
-
52 598
Employee
34 056
-
147 000
-
social contributions
4 700
-
20 287
-
health
2 377
-
10 261
-
income
5 680
-
24 202
-
total
12 757
-
54 750
-
Employer
34 056
-
147 000
-
total
-
-
-
-
Corporate
112 944
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%.

5 648
7 350
-
-
total
5 648
7 350
-
-
Dividends
107 296
139 650
-
-
health
7 489
9 748
-
-
social contributions
14 807
19 273
-
-
withholding
16 095
20 948
-
-
total
38 391
49 969
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 796
57 319
54 750
52 598
After tax
90 204
89 681
92 250
94 402
Living cost
21 299
21 299
21 299
21 299
Free-cash
68 905
68 382
70 951
73 103

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46230
₽44674
₽39720
₽3214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
587
income
-
-
-
34 257
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
71 888
Employee
50 197
40 028
113 996
-
other
501
400
1 140
-
health
1 942
1 550
4 411
-
income
5 715
2 953
27 200
-
pensions
5 141
4 098
11 673
-
unemployment
1 506
1 201
3 420
-
total
14 805
10 202
47 844
-
Employer
50 197
40 028
113 996
-
accident
652
520
1 481
-
other
2 385
1 900
5 413
-
chamber of commerce
200
160
456
-
unemployment
1 506
1 201
3 420
-
surtax
198
198
198
-
pensions
6 300
5 024
14 307
-
payroll
1 506
1 201
3 420
-
health
1 897
1 513
4 310
-
total
14 644
11 717
33 005
-
Corporate
82 160
95 253
110 184
-
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.

20 540
23 813
27 545
-
total
20 540
23 813
27 545
-
Dividends
61 620
71 440
-
-
withholding
16 945
19 646
-
-
total
16 945
19 646
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 934
65 378
108 394
71 888
After tax
80 066
81 622
38 606
75 112
Living cost
35 392
35 392
35 392
35 392
Free-cash
44 674
46 230
3 214
39 720

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45651
₽30587
₽27801
₽16803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
52 115
communal

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

-
-
-
7 440
social contributions
-
-
-
23 021
total
-
-
-
82 576
Employee

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

71 848
-
113 857
-
communal

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

3 747
-
5 938
-
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.

3 376
-
5 352
-
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.

5 389
-
8 539
-
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.

625
-
991
-
national
22 089
-
39 611
-
total
35 226
-
60 431
-
Employer

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

71 848
-
113 857
-
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.

934
-
1 479
-
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.

1 048
-
1 662
-
surtax
8 147
-
12 912
-
pensions

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

6 366
-
10 087
-
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.

4 418
-
7 003
-
total
20 913
-
33 143
-
Corporate
54 238
147 000
-
-
surtax
217
587
-
-
income
10 848
29 400
-
-
total
11 065
29 987
-
-
Dividends
43 173
117 013
-
-
withholding

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

12 586
34 739
-
-
total
12 586
34 739
-
-
Income
147 000
147 000
147 000
147 000
Total tax
79 790
64 726
93 574
82 576
After tax
67 210
82 274
53 426
64 424
Living cost
36 623
36 623
36 623
36 623
Free-cash
30 587
45 651
16 803
27 801

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62072
₽54663
₽46558
₽42106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
36 238
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
64 168
Employee
49 998
-
117 320
-
other
50
-
93
-
income
10 549
-
33 028
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
38 940
-
Employer
49 998
-
117 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
81 065
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.

12 159
22 050
-
-
total
12 159
22 050
-
-
Dividends
68 906
124 950
-
-
withholding
14 242
26 604
-
-
total
14 242
26 604
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 063
48 654
68 620
64 168
After tax
90 937
98 346
78 380
82 832
Living cost
36 274
36 274
36 274
36 274
Free-cash
54 663
62 072
42 106
46 558

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33026
₽21774
₽21446
₽27303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 239
income
-
-
-
20 793
pensions
-
-
-
22 033
health
-
-
-
10 327
surtax
-
-
-
7 287
communal
-
-
-
9 290
total
-
-
-
70 969
Employee
76 065
-
131 309
-
health
3 385
-
5 842
-
surtax
4 662
-
8 048
-
income
7 347
-
25 025
-
pensions
6 084
-
10 505
-
total
21 478
-
49 420
-
Employer
76 065
-
131 309
-
accident
684
-
1 182
-
pensions
6 084
-
10 505
-
health
2 320
-
4 005
-
total
9 088
-
15 692
-
Corporate
61 847
147 000
-
-
surtax
650
1 544
-
-
communal
4 174
9 923
-
-
income
9 277
22 050
-
-
total
14 101
33 517
-
-
Dividends
47 745
113 483
-
-
income
18 813
8 850
-
-
withholding
7 161
17 022
-
-
total
25 974
25 872
-
-
Income
147 000
147 000
147 000
147 000
Total tax
70 641
59 389
65 112
70 969
After tax
76 359
87 611
81 888
76 031
Living cost
54 585
54 585
54 585
54 585
Free-cash
21 774
33 026
27 303
21 446

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69904
₽66707
₽47194
₽43088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 595
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 093
total
-
-
-
77 245
Employee
33 826
-
121 435
-
other
-
-
-
-
health
863
-
3 097
-
surtax
120
-
4 443
-
income
5 671
-
31 699
-
pensions
2 257
-
8 099
-
unemployment
2 354
-
8 452
-
total
11 265
-
55 790
-
Employer
33 826
-
121 435
-
other
-
-
-
-
unemployment
1 073
-
3 850
-
pensions
4 510
-
16 187
-
health
1 538
-
5 524
-
total
7 121
-
25 561
-
Corporate
106 053
147 000
-
-
income
27 574
38 219
-
-
total
27 574
38 219
-
-
Dividends
78 479
108 781
-
-
withholding
11 772
16 316
-
-
total
11 772
16 316
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 732
54 535
81 351
77 245
After tax
89 268
92 465
65 649
69 755
Living cost
22 561
22 561
22 561
22 561
Free-cash
66 707
69 904
43 088
47 194

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
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.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50210
₽47981
₽44437
₽37608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
873
regional
-
-
-
2 216
national
-
-
-
34 609
social contributions
-
-
-
37 808
total
-
-
-
75 506
Employee
55 717
-
147 000
-
social contributions
18 788
-
49 568
-
regional
750
-
1 977
-
municipal
295
-
780
-
national
8 827
-
30 010
-
total
28 660
-
82 335
-
Employer
55 717
-
147 000
-
total
-
-
-
-
Corporate
91 283
147 000
-
-
nationa
21 907
35 280
-
-
municipal
4 537
7 306
-
-
total
26 444
42 586
-
-
Dividends
64 839
104 414
-
-
withholding
16 858
27 147
-
-
total
16 858
27 147
-
-
Income
147 000
147 000
147 000
147 000
Total tax
71 962
69 733
82 335
75 506
After tax
75 038
77 267
64 665
71 494
Living cost
27 057
27 057
27 057
27 057
Free-cash
47 981
50 210
37 608
44 437

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71611
₽61051
₽49103
₽44998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 889
health
-
-
-
19 845
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
68 298
Employee
43 528
-
109 701
-
social contributions
2 829
-
7 131
-
health
5 876
-
14 810
-
solidarity contribution
-
-
-
-
income
5 223
-
13 164
-
total
13 928
-
35 105
-
Employer
43 528
-
109 701
-
social contributions
10 882
-
27 425
-
health
3 918
-
9 873
-
total
14 800
-
37 298
-
Corporate
88 672
147 000
-
-
income
16 848
27 930
-
-
total
16 848
27 930
-
-
Dividends
71 824
119 070
-
-
withholding
10 774
17 860
-
-
total
10 774
17 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 350
45 790
72 403
68 298
After tax
90 650
101 210
74 597
78 702
Living cost
29 599
29 599
29 599
29 599
Free-cash
61 051
71 611
44 998
49 103

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49685
₽49188
₽43265
₽6605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
587
income
-
-
-
34 257
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
71 690
Employee
43 907
40 028
114 143
-
other
438
400
1 142
-
health
1 698
1 550
4 416
-
income
3 911
2 953
27 250
-
pensions
4 497
4 098
11 688
-
unemployment
1 317
1 201
3 423
-
total
11 861
10 202
47 919
-
Employer
43 907
40 028
114 143
-
accident
570
520
1 483
-
other
2 085
1 900
5 421
-
chamber of commerce
175
160
457
-
unemployment
1 317
1 201
3 423
-
surtax
-
-
-
-
pensions
5 511
5 024
14 324
-
payroll
1 317
1 201
3 423
-
health
1 660
1 513
4 315
-
total
12 635
11 519
32 846
-
Corporate
90 458
95 451
110 340
-
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.

22 614
23 863
27 585
-
total
22 614
23 863
27 585
-
Dividends
67 844
71 589
-
-
withholding
18 657
19 686
-
-
total
18 657
19 686
-
-
Income
147 000
147 000
147 000
147 000
Total tax
65 767
65 270
108 350
71 690
After tax
81 233
81 730
38 650
75 310
Living cost
32 045
32 045
32 045
32 045
Free-cash
49 188
49 685
6 605
43 265

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
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.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125470
₽122811
₽131350
₽103420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
147 000
-
income
3 545
-
29 400
-
total
3 545
-
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%.

129 274
147 000
-
-
total
-
-
-
-
Dividends
129 274
147 000
-
-
withholding
6 464
7 350
-
-
total
6 464
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
10 009
7 350
29 400
1 470
After tax
136 991
139 650
117 600
145 530
Living cost
14 180
14 180
14 180
14 180
Free-cash
122 811
125 470
103 420
131 350

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74269
₽65867
₽46374
₽42482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 153
pensions
-
-
-
26 846
unemployment
-
-
-
221
health
-
-
-
14 465
total
-
-
-
73 685
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.

44 416
-
127 194
-
health
2 869
-
8 217
-
income
7 660
-
29 664
-
pensions
6 885
-
19 715
-
unemployment
63
-
177
-
total
17 477
-
57 773
-
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.

44 416
-
127 194
-
unemployment
27
-
76
-
pensions
3 930
-
11 257
-
health
2 958
-
8 471
-
total
6 915
-
19 804
-
Corporate
95 668
147 000
-
-
income
18 177
27 930
-
-
total
18 177
27 930
-
-
Dividends
77 492
119 070
-
-
withholding
11 623
17 860
-
-
total
11 623
17 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
54 192
45 790
77 577
73 685
After tax
92 808
101 210
69 423
73 315
Living cost
26 941
26 941
26 941
26 941
Free-cash
65 867
74 269
42 482
46 374

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45871
-₽3541
₽58025
₽90154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
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
106 977
57 565
13 282
45 411
After tax
40 023
89 435
133 718
101 589
Living cost
43 564
43 564
43 564
43 564
Free-cash
-3 541
45 871
90 154
58 025

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52109
₽51095
₽48254
₽37995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 158
surtax
-
-
-
-
social contributions

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

-
-
-
51 082
total
-
-
-
67 240
Employee
46 196
-
118 788
-
social contributions
5 082
-
13 066
-
surtax
-
-
-
-
income
9 609
-
36 221
-
total
14 691
-
49 287
-
Employer
46 196
-
118 788
-
social contributions
10 972
-
28 212
-
total
10 972
-
28 212
-
Corporate
89 832
147 000
-
-
surtax
-
-
-
-
income
18 865
30 869
-
-
total
18 865
30 869
-
-
Dividends
70 968
116 131
-
-
withholding
19 871
32 516
-
-
total
19 871
32 516
-
-
Income
147 000
147 000
147 000
147 000
Total tax
64 399
63 385
77 499
67 240
After tax
82 601
83 615
69 501
79 760
Living cost
31 506
31 506
31 506
31 506
Free-cash
51 095
52 109
37 995
48 254

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25577
₽32480
₽34808
₽35618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 585
pensions
-
-
-
29 065
other
-
-
-
4 557
health
-
-
-
5 282
surtax
-
-
-
-
social contributions
-
-
-
4 190
total
-
-
-
63 679
Employee
62 910
-
115 578
-
social contributions
1 792
-
3 294
-
surtax
-
-
-
-
income
5 489
-
20 866
-
pensions
7 115
-
7 287
-
total
14 396
-
31 447
-
Employer
62 910
-
115 578
-
other
2 171
-
4 188
-
social contributions
189
-
347
-
unemployment
2 548
-
4 681
-
pensions
10 337
-
12 400
-
health
4 403
-
9 806
-
total
19 648
-
31 422
-
Corporate
64 442
147 000
-
-
surtax
-
-
-
-
income
18 043
41 160
-
-
total
18 043
41 160
-
-
Dividends
46 399
105 840
-
-
surtax
-
-
-
-
social contributions
7 981
18 203
-
-
withholding
5 939
13 547
-
-
total
13 920
31 750
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 007
72 910
62 869
63 679
After tax
80 993
74 090
84 131
83 321
Living cost
48 513
48 513
48 513
48 513
Free-cash
32 480
25 577
35 618
34 808

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102107
₽98733
₽79102
₽83007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 366
social contributions
-
-
-
32 339
total
-
-
-
37 705
Employee
32 292
-
127 272
-
income
-
-
5 800
-
social contributions
2 099
-
8 272
-
total
2 099
-
14 072
-
Employer
32 292
-
127 272
-
social contributions
5 005
-
19 728
-
total
5 005
-
19 728
-
Corporate
109 703
147 000
-
-
income
10 970
14 700
-
-
total
10 970
14 700
-
-
Dividends
98 733
132 300
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
18 074
14 700
33 800
37 705
After tax
128 926
132 300
113 200
109 295
Living cost
30 193
30 193
30 193
30 193
Free-cash
98 733
102 107
83 007
79 102

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽71845
-₽71845
₽40053
-₽71845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
29 732
pensions
-
-
-
871
national
-
-
-
16 280
labour market
-
-
-
11 690
total
-
-
-
58 573
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
170 471
170 471
170 471
58 573
After tax
-23 471
-23 471
-23 471
88 427
Living cost
48 374
48 374
48 374
48 374
Free-cash
-71 845
-71 845
-71 845
40 053

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9812
₽8576
₽78878
₽57092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
39 425
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
46 403
Employee
34 165
-
130 581
-
health
3 912
-
14 951
-
income
4 687
-
29 174
-
pensions
3 847
-
7 645
-
total
12 446
-
51 770
-
Employer
34 165
-
130 581
-
accident
570
-
2 181
-
unemployment
837
-
3 199
-
pensions
5 555
-
11 039
-
total
6 962
-
16 419
-
Corporate
105 872
147 000
-
-
income

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

95 285
132 300
-
-
total
95 285
132 300
-
-
Dividends
10 587
14 700
-
-
withholding
2 012
2 793
-
-
total
2 012
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
116 705
135 093
68 189
46 403
After tax
30 295
11 907
78 811
100 597
Living cost
21 719
21 719
21 719
21 719
Free-cash
8 576
-9 812
57 092
78 878

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55409
₽57216
₽60601
₽40454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
147 000
municipal
-
-
-
26 127
health
-
-
-
1 845
national
-
-
-
19 864
total
-
-
-
47 836
Employee
52 845
-
123 664
-
health
395
-
1 485
-
municipal
8 656
-
20 155
-
pensions
3 566
-
8 347
-
unemployment
793
-
1 855
-
national
873
-
12 805
-
total
14 283
-
44 647
-
Employer
52 845
-
123 664
-
accident
53
-
124
-
unemployment
343
-
804
-
pensions
9 168
-
21 455
-
health
406
-
953
-
total
9 970
-
23 336
-
Corporate
84 184
147 000
-
-
income
16 837
29 400
-
-
total
16 837
29 400
-
-
Dividends

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

50 510
88 200
-
-
national
1 039
7 752
-
-
municipal
9 092
15 876
-
-
total
10 131
23 628
-
-
Income
147 000
147 000
147 000
147 000
Total tax
51 221
53 028
67 983
47 836
After tax
95 779
93 972
79 017
99 164
Living cost
38 563
38 563
38 563
38 563
Free-cash
57 216
55 409
40 454
60 601

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84081
₽78614
₽78718
₽77343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 027
health
-
-
-
3 749
social contributions
-
-
-
16 251
total
-
-
-
45 027
Employee
77 236
77 236
135 842
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 310
-
income
8 410
7 150
24 288
-
total
11 929
14 873
35 244
-
Employer
77 236
77 236
135 842
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 512
-
total
3 570
7 840
11 158
-
Corporate
108 246
61 924
-
-
income
13 531
7 741
-
-
total
13 531
7 741
-
-
Dividends
94 715
54 183
-
-
withholding
16 101
9 210
-
-
total
16 101
9 210
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 131
39 664
46 402
45 027
After tax
101 869
107 336
100 598
101 973
Living cost
23 255
23 255
23 255
23 255
Free-cash
78 614
84 081
77 343
78 718

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105784
₽100675
₽106290
₽86144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 710
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
24 763
Employee

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

23 055
-
137 184
-
health
1 959
-
8 101
-
income
1 576
-
12 218
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
35 092
-
Employer

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

23 055
-
137 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
121 572
147 000
-
-
income
10 941
13 230
-
-
total
10 941
13 230
-
-
Dividends
110 631
133 770
-
-
withholding
9 957
12 039
-
-
total
9 957
12 039
-
-
Income
147 000
147 000
147 000
147 000
Total tax
30 378
25 269
44 909
24 763
After tax
116 622
121 731
102 091
122 237
Living cost
15 947
15 947
15 947
15 947
Free-cash
100 675
105 784
86 144
106 290

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70725
₽66050
₽55211
₽50759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
36 238
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
64 168
Employee
37 140
-
117 320
-
other
36
-
93
-
income
7 160
-
33 028
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
38 940
-
Employer
37 140
-
117 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
98 019
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.

14 704
22 050
-
-
total
14 704
22 050
-
-
Dividends
83 316
124 950
-
-
withholding
17 267
26 604
-
-
total
17 267
26 604
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 329
48 654
68 620
64 168
After tax
93 671
98 346
78 380
82 832
Living cost
27 621
27 621
27 621
27 621
Free-cash
66 050
70 725
50 759
55 211

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88978
₽88527
₽91185
₽90989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 604
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
53 065
Employee
4 189
-
144 743
-
health
209
-
502
-
income
810
-
49 499
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
51 004
-
Employer
4 189
-
144 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
141 868
147 000
-
-
income
31 211
32 340
-
-
total
31 211
32 340
-
-
Dividends
110 657
114 660
-
-
withholding
22 131
22 932
-
-
total
22 131
22 932
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 723
55 272
53 261
53 065
After tax
91 277
91 728
93 739
93 935
Living cost
2 750
2 750
2 750
2 750
Free-cash
88 527
88 978
90 989
91 185

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88838
₽83897
₽69019
₽69017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 554
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
60 611
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.

26 193
-
133 713
-
health
1 349
-
3 823
-
income
3 610
-
32 554
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
47 326
-
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.

26 193
-
133 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
116 119
147 000
-
-
income
17 418
22 050
-
-
total
17 418
22 050
-
-
Dividends
98 701
124 950
-
-
withholding
14 805
18 742
-
-
total
14 805
18 742
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 733
40 792
60 613
60 611
After tax
101 267
106 208
86 387
86 389
Living cost
17 370
17 370
17 370
17 370
Free-cash
83 897
88 838
69 017
69 019

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56536
₽56173
₽52681
₽42422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 158
surtax
-
-
-
-
social contributions

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

-
-
-
51 082
total
-
-
-
67 240
Employee
38 984
-
118 788
-
social contributions
4 289
-
13 066
-
surtax
-
-
-
-
income
7 617
-
36 221
-
total
11 906
-
49 287
-
Employer
38 984
-
118 788
-
social contributions
9 258
-
28 212
-
total
9 258
-
28 212
-
Corporate
98 758
147 000
-
-
surtax
-
-
-
-
income
20 738
30 869
-
-
total
20 738
30 869
-
-
Dividends
78 019
116 131
-
-
withholding
21 846
32 516
-
-
total
21 846
32 516
-
-
Income
147 000
147 000
147 000
147 000
Total tax
63 748
63 385
77 499
67 240
After tax
83 252
83 615
69 501
79 760
Living cost
27 079
27 079
27 079
27 079
Free-cash
56 173
56 536
42 422
52 681

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63046
₽55977
₽47532
₽43080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
36 238
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
64 168
Employee
48 510
-
117 320
-
other
48
-
93
-
income
10 132
-
33 028
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
38 940
-
Employer
48 510
-
117 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
83 024
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.

12 454
22 050
-
-
total
12 454
22 050
-
-
Dividends
70 570
124 950
-
-
withholding
14 591
26 604
-
-
total
14 591
26 604
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 723
48 654
68 620
64 168
After tax
91 277
98 346
78 380
82 832
Living cost
35 300
35 300
35 300
35 300
Free-cash
55 977
63 046
43 080
47 532

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108409
₽102290
₽98308
₽103749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 416
Employee
22 876
-
140 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 012
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 092
-
Employer
22 876
-
140 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
119 635
147 000
-
-
income
11 963
14 700
-
-
total
11 963
14 700
-
-
Dividends
107 672
132 300
-
-
withholding
5 384
6 615
-
-
total
5 384
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
27 434
21 315
25 975
31 416
After tax
119 566
125 685
121 025
115 584
Living cost
17 276
17 276
17 276
17 276
Free-cash
102 290
108 409
103 749
98 308

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
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.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽36923
₽50062
₽42529
₽56922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 393
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.

-
-
-
42 121
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.

-
-
-
6 862
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.

-
-
-
2 316
total
-
-
-
65 692
Employee

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

49 977
-
147 000
-
health

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

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

6 862
-
6 862
-
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.

227
-
2 316
-
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.

4 110
-
42 121
-
total
11 199
-
51 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 023
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.

801
1 212
-
-
income
14 553
22 050
-
-
trade
13 922
21 095
-
-
chamber of commerce
295
368
-
-
total
29 571
44 725
-
-
Dividends
67 452
102 275
-
-
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.

907
1 386
-
-
withholding
16 482
25 187
-
-
total
17 389
26 573
-
-
Income
147 000
147 000
147 000
147 000
Total tax
58 159
71 298
51 299
65 692
After tax
88 841
75 702
95 701
81 308
Living cost
38 779
38 779
38 779
38 779
Free-cash
50 062
36 923
56 922
42 529

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45683
₽47899
₽23753
₽23753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 197
social contributions
-
-
-
23 833
total
-
-
-
66 030
Employee
78 569
-
147 000
-
income
14 826
-
42 197
-
social contributions
6 527
-
23 833
-
total
21 353
-
66 030
-
Employer
78 569
-
147 000
-
total
-
-
-
-
Corporate
68 431
147 000
-
-
income
8 555
18 375
-
-
total
8 555
18 375
-
-
Dividends
59 876
128 625
-
-
withholding
11 976
25 725
-
-
total
11 976
25 725
-
-
Income
147 000
147 000
147 000
147 000
Total tax
41 884
44 100
66 030
66 030
After tax
105 116
102 900
80 970
80 970
Living cost
57 217
57 217
57 217
57 217
Free-cash
47 899
45 683
23 753
23 753

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53782
₽57290
₽75217
₽69886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
142 380
-
income
5 000
-
31 413
-
social contributions
4 617
-
4 620
-
total
9 617
-
36 033
-
Employer
46 078
-
142 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
96 306
147 000
-
-
income
33 708
51 450
-
-
total
33 708
51 450
-
-
Dividends
62 598
95 550
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 249
56 757
40 653
35 322
After tax
93 751
90 243
106 347
111 678
Living cost
36 461
36 461
36 461
36 461
Free-cash
57 290
53 782
69 886
75 217

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62162
₽67213
₽62445
₽48974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 854
pensions
-
-
-
8 433
total
-
-
-
47 287
Employee
51 155
-
128 687
-
health
667
-
1 982
-
income
9 316
-
29 874
-
pensions
3 904
-
10 589
-
total
13 887
-
42 445
-
Employer
51 155
-
128 687
-
pensions
5 168
-
15 867
-
health
972
-
2 446
-
total
6 140
-
18 313
-
Corporate
89 704
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.

17 043
27 930
-
-
total
17 043
27 930
-
-
Dividends
72 662
119 070
-
-
withholding
5 449
19 640
-
-
total
5 449
19 640
-
-
Income
147 000
147 000
147 000
147 000
Total tax
42 519
47 570
60 758
47 287
After tax
104 481
99 430
86 242
99 713
Living cost
37 268
37 268
37 268
37 268
Free-cash
67 213
62 162
48 974
62 445

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11962
₽8245
₽76728
₽54942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
39 425
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
46 403
Employee
37 547
-
130 581
-
health
4 299
-
14 951
-
income
5 151
-
29 174
-
pensions
4 228
-
7 645
-
total
13 678
-
51 770
-
Employer
37 547
-
130 581
-
accident
627
-
2 181
-
unemployment
920
-
3 199
-
pensions
6 105
-
11 039
-
total
7 652
-
16 419
-
Corporate
101 802
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.

91 622
132 300
-
-
total
91 622
132 300
-
-
Dividends
10 180
14 700
-
-
withholding
1 934
2 793
-
-
total
1 934
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
114 886
135 093
68 189
46 403
After tax
32 114
11 907
78 811
100 597
Living cost
23 869
23 869
23 869
23 869
Free-cash
8 245
-11 962
54 942
76 728

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽110134
₽105435
₽69225
₽87564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
735
health insurance
-
-
-
10 878
income
-
-
-
23 784
pensions
-
-
-
27 048
unemployment
-
-
-
1 764
total
-
-
-
64 209
Employee

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

21 706
-
147 000
-
work injury
109
-
402
-
income
2 171
-
23 784
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
45 870
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 294
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%.

1 253
1 470
-
-
total
1 253
1 470
-
-
Dividends
124 041
145 530
-
-
withholding
18 606
21 830
-
-
total
18 606
21 830
-
-
Income
147 000
147 000
147 000
147 000
Total tax
27 999
23 300
45 870
64 209
After tax
119 001
123 700
101 130
82 791
Living cost
13 566
13 566
13 566
13 566
Free-cash
105 435
110 134
87 564
69 225

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37415
₽32846
₽30250
₽23629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
984
regional
-
-
-
3 335
national
-
-
-
34 609
social contributions
-
-
-
37 808
total
-
-
-
76 736
Employee
84 640
-
147 000
-
social contributions
28 540
-
49 568
-
regional
1 278
-
2 902
-
municipal
505
-
877
-
national
14 303
-
30 010
-
total
44 626
-
83 357
-
Employer
84 640
-
147 000
-
total
-
-
-
-
Corporate
62 360
147 000
-
-
nationa
14 967
35 280
-
-
municipal
3 006
7 085
-
-
total
17 973
42 365
-
-
Dividends
44 387
104 635
-
-
withholding
11 541
27 206
-
-
total
11 541
27 206
-
-
Income
147 000
147 000
147 000
147 000
Total tax
74 140
69 571
83 357
76 736
After tax
72 860
77 429
63 643
70 264
Living cost
40 014
40 014
40 014
40 014
Free-cash
32 846
37 415
23 629
30 250

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close