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
₽45751
₽66369
₽50087
₽56129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 000
income

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

-
-
-
43 413
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.

-
-
-
2 388
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.

-
-
-
6 410
trade
-
-
-
16 282
total
-
-
-
68 493
Employee

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

35 888
-
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.

55
-
2 388
-
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.

1 002
-
43 413
-
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.

6 410
-
6 410
-
total
7 467
-
52 211
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 112
147 000
-
-
income
16 667
22 049
-
-
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.

917
1 213
-
-
chamber of commerce
303
354
-
-
trade
17 500
23 153
-
-
total
35 387
46 769
-
-
Dividends
75 726
100 231
-
-
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.

1 022
1 359
-
-
withholding
18 575
24 701
-
-
total
19 597
26 060
-
-
Income
147 000
147 000
147 000
147 000
Total tax
62 451
72 829
52 211
68 493
After tax
84 549
74 171
94 789
78 507
Living cost
28 420
28 420
28 420
28 420
Free-cash
56 129
45 751
66 369
50 087

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41772
₽38400
₽37247
₽40942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
social contributions
-
-
-
1 580
municipal
-
-
-
15 915
national
-
-
-
24 662
pensions
-
-
-
17 640
total
-
-
-
59 797
Employee
77 442
-
127 080
-
municipal
9 565
-
16 485
-
pensions
3 098
-
5 083
-
national
14 822
-
25 544
-
total
27 485
-
47 112
-
Employer
77 442
-
127 080
-
pensions
6 195
-
10 166
-
social contributions
832
-
1 366
-
total
7 027
-
11 532
-
Corporate
57 419
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%.

11 484
29 400
-
-
total
11 484
29 400
-
-
Dividends
45 936
117 600
-
-
withholding
10 106
25 872
-
-
total
10 106
25 872
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 102
55 272
58 644
59 797
After tax
90 898
91 728
88 356
87 203
Living cost
49 956
49 956
49 956
49 956
Free-cash
40 942
41 772
38 400
37 247

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98079
₽69253
₽29571
₽90382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
147 000
income
-
-
-
24 472
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
97 908
Employee
27 418
-
106 719
-
surtax
-
-
-
-
social contributions

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

3 016
-
11 740
-
income
4 881
-
20 778
-
total
7 897
-
32 518
-
Employer
27 418
-
106 719
-
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.

6 604
-
25 708
-
surtax
-
-
-
-
total
6 604
-
25 708
-
Corporate
112 978
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%.

22 596
29 400
-
-
total
22 596
29 400
-
-
Dividends

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

90 382
117 600
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
37 097
29 400
58 226
97 908
After tax
109 903
117 600
88 774
49 092
Living cost
19 521
19 521
19 521
19 521
Free-cash
90 382
98 079
69 253
29 571

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33199
₽50551
₽43122
₽27448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 008
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
64 571
Employee
80 127
80 127
129 562
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
17 142
-
health
12 299
10 461
11 570
-
total
39 838
34 570
39 705
-
Employer
80 127
80 127
129 562
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
53 824
52 841
-
-
income
10 766
10 568
-
-
total
10 766
10 568
-
-
Dividends
43 059
42 273
-
-
income
9 151
8 983
-
-
withholding
6 458
6 341
-
-
total
15 609
15 324
-
-
Income
147 000
147 000
147 000
147 000
Total tax
80 245
74 494
57 142
64 571
After tax
66 755
72 506
89 858
82 429
Living cost
39 307
39 307
39 307
39 307
Free-cash
27 448
33 199
50 551
43 122

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42778
₽38230
₽39140
₽41936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
36 738
national
-
-
-
9 839
pensions
-
-
-
8 881
total
-
-
-
70 376
Employee
53 411
-
121 188
-
municipal
15 927
-
36 138
-
national
-
-
9 336
-
total
15 927
-
45 474
-
Employer
53 411
-
121 188
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
76 807
147 000
-
-
income
16 898
32 340
-
-
total
16 898
32 340
-
-
Dividends
59 909
114 660
-
-
withholding
17 973
34 398
-
-
total
17 973
34 398
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 580
66 738
71 286
70 376
After tax
79 420
80 262
75 714
76 624
Living cost
37 484
37 484
37 484
37 484
Free-cash
41 936
42 778
38 230
39 140

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36558
₽57929
₽40923
₽49737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 000
income

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

-
-
-
43 413
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.

-
-
-
2 388
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.

-
-
-
6 410
trade
-
-
-
17 005
total
-
-
-
69 216
Employee

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

47 583
-
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.

224
-
2 388
-
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.

4 088
-
43 413
-
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.

6 410
-
6 410
-
total
10 722
-
52 211
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 417
147 000
-
-
income
14 913
22 049
-
-
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.

821
1 213
-
-
chamber of commerce
283
351
-
-
trade
16 355
24 181
-
-
total
32 372
47 794
-
-
Dividends
67 045
99 207
-
-
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.

903
1 344
-
-
withholding
16 405
24 444
-
-
total
17 308
25 788
-
-
Income
147 000
147 000
147 000
147 000
Total tax
60 402
73 582
52 211
69 216
After tax
86 598
73 418
94 789
77 784
Living cost
36 860
36 860
36 860
36 860
Free-cash
49 737
36 558
57 929
40 923

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76865
₽69613
₽70956
₽72972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 681
social contributions
-
-
-
15 181
health
-
-
-
3 748
total
-
-
-
45 610
Employee
72 151
72 151
136 400
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
25 958
-
health
718
1 227
2 318
-
total
11 800
13 894
36 353
-
Employer
72 151
72 151
136 400
-
health
782
1 335
2 523
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
10 600
-
Corporate
100 478
67 525
-
-
income
12 560
8 440
-
-
total
12 560
8 440
-
-
Dividends
87 918
59 085
-
-
withholding
14 946
10 044
-
-
total
14 946
10 044
-
-
Income
147 000
147 000
147 000
147 000
Total tax
43 594
39 701
46 953
45 610
After tax
103 406
107 299
100 047
101 390
Living cost
30 434
30 434
30 434
30 434
Free-cash
72 972
76 865
69 613
70 956

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
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.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65794
₽68401
₽85017
₽66143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
123 013
-
unemployment
364
145
1 845
-
pensions
2 428
966
12 301
-
income
2 968
1 181
15 038
-
health
1 699
676
8 611
-
total
7 459
2 968
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.

24 275
9 661
123 013
-
pensions
4 734
1 884
23 987
-
total
4 734
1 884
23 987
-
Corporate
117 991
135 455
-
-
income
10 619
12 191
-
-
total
10 619
12 191
-
-
Dividends
107 372
123 264
-
-
social contributions
20 827
23 926
-
-
withholding
20 401
23 420
-
-
total
41 228
47 346
-
-
Income
147 000
147 000
147 000
147 000
Total tax
64 040
64 389
61 782
45 166
After tax
82 960
82 611
85 218
101 834
Living cost
16 817
16 817
16 817
16 817
Free-cash
66 143
65 794
68 401
85 017

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94936
₽62065
₽56127
₽89106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
19 699
health
-
-
-
19 110
pensions
-
-
-
29 400
total
-
-
-
68 209
Employee
26 618
-
109 865
-
unemployment
426
-
1 757
-
pensions
532
-
2 197
-
income
2 997
-
21 182
-
total
3 955
-
25 136
-
Employer
26 618
-
109 865
-
health
3 460
-
14 282
-
pensions
5 324
-
21 973
-
unemployment
214
-
880
-
total
8 998
-
37 135
-
Corporate
111 384
147 000
-
-
income
22 277
29 400
-
-
total
22 277
29 400
-
-
Dividends
89 107
117 600
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
35 230
29 400
62 271
68 209
After tax
111 770
117 600
84 729
78 791
Living cost
22 664
22 664
22 664
22 664
Free-cash
89 106
94 936
62 065
56 127

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9041
₽58173
₽79616
₽8695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
39 804
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
46 436
Employee
32 952
-
131 108
-
pensions
3 710
-
7 264
-
income
4 521
-
29 712
-
health
3 773
-
15 012
-
total
12 004
-
51 988
-
Employer
32 952
-
131 108
-
pensions
5 358
-
10 490
-
accident
550
-
2 189
-
unemployment
807
-
3 212
-
total
6 715
-
15 891
-
Corporate
107 332
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.

96 599
132 300
-
-
total
96 599
132 300
-
-
Dividends
10 733
14 700
-
-
withholding
2 039
2 793
-
-
total
2 039
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
117 357
135 093
67 879
46 436
After tax
29 643
11 907
79 121
100 564
Living cost
20 948
20 948
20 948
20 948
Free-cash
8 695
-9 041
58 173
79 616

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132089
₽110039
₽137969
₽130671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
147 000
-
income
1 890
-
29 400
-
total
1 890
-
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%.

137 550
147 000
-
-
total
-
-
-
-
Dividends
137 550
147 000
-
-
withholding
6 878
7 350
-
-
total
6 878
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
8 768
7 350
29 400
1 470
After tax
138 232
139 650
117 600
145 530
Living cost
7 561
7 561
7 561
7 561
Free-cash
130 671
132 089
110 039
137 969

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83000
₽58752
₽53744
₽76664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 954
other
-
-
-
6 777
health
-
-
-
6 278
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.

-
-
-
34 245
total
-
-
-
68 254
Employee
34 069
-
117 412
-
unemployment
340
-
1 173
-
pensions

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

2 384
-
8 219
-
income
5 865
-
22 623
-
health
477
-
1 644
-
total
9 066
-
33 659
-
Employer
34 069
-
117 412
-
health
477
-
1 644
-
pensions

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

5 792
-
19 959
-
accident
272
-
940
-
unemployment
340
-
1 173
-
other
1 704
-
5 871
-
total
8 585
-
29 587
-
Corporate
104 345
147 000
-
-
income
21 912
30 870
-
-
total
21 912
30 870
-
-
Dividends
82 433
116 130
-
-
withholding
5 771
8 128
-
-
total
5 771
8 128
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 334
38 998
63 246
68 254
After tax
101 666
108 002
83 754
78 746
Living cost
25 002
25 002
25 002
25 002
Free-cash
76 664
83 000
58 752
53 744

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35492
₽22750
₽36153
₽34582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 089
pensions
-
-
-
8 072
total
-
-
-
48 161
Employee
88 691
-
128 579
-
pensions
8 556
-
10 059
-
income
15 987
-
31 151
-
health
1 461
-
1 935
-
total
26 004
-
43 145
-
Employer
88 691
-
128 579
-
health
1 684
-
2 442
-
pensions
10 472
-
15 977
-
total
12 156
-
18 419
-
Corporate
46 153
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.

8 769
27 929
-
-
total
8 769
27 929
-
-
Dividends
37 384
119 071
-
-
withholding
2 803
20 893
-
-
total
2 803
20 893
-
-
Income
147 000
147 000
147 000
147 000
Total tax
49 732
48 822
61 564
48 161
After tax
97 268
98 178
85 436
98 839
Living cost
62 686
62 686
62 686
62 686
Free-cash
34 582
35 492
22 750
36 153

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽113386
₽109471
₽103902
₽109030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
22 050
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
30 799
Employee
16 286
-
140 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
14 057
-
health
749
-
1 507
-
total
3 986
-
18 801
-
Employer
16 286
-
140 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
127 518
147 000
-
-
income
12 752
14 700
-
-
total
12 752
14 700
-
-
Dividends
114 766
132 300
-
-
withholding
5 738
6 615
-
-
total
5 738
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
25 671
21 315
25 230
30 799
After tax
121 329
125 685
121 770
116 201
Living cost
12 299
12 299
12 299
12 299
Free-cash
109 030
113 386
109 471
103 902

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20476
₽37828
₽30399
₽22836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 008
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
64 571
Employee
86 993
80 127
129 562
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
17 142
-
health
10 853
10 461
11 570
-
total
34 962
34 570
39 705
-
Employer
86 993
80 127
129 562
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
44 776
52 841
-
-
income
8 955
10 568
-
-
total
8 955
10 568
-
-
Dividends
35 821
42 273
-
-
income
7 612
8 983
-
-
withholding
5 374
6 341
-
-
total
12 986
15 324
-
-
Income
147 000
147 000
147 000
147 000
Total tax
72 134
74 494
57 142
64 571
After tax
74 866
72 506
89 858
82 429
Living cost
52 030
52 030
52 030
52 030
Free-cash
22 836
20 476
37 828
30 399

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78199
₽51586
₽56926
₽69989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 107
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
19 845
total
-
-
-
67 063
Employee
33 839
-
109 702
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 131
-
income
4 061
-
13 164
-
health
4 568
-
14 810
-
total
10 829
-
35 105
-
Employer
33 839
-
109 702
-
health
3 045
-
9 873
-
social contributions
8 460
-
27 425
-
total
11 505
-
37 298
-
Corporate
101 656
147 000
-
-
income
19 315
27 930
-
-
total
19 315
27 930
-
-
Dividends
82 341
119 070
-
-
withholding
12 351
17 860
-
-
total
12 351
17 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
54 000
45 790
72 403
67 063
After tax
93 000
101 210
74 597
79 937
Living cost
23 011
23 011
23 011
23 011
Free-cash
69 989
78 199
51 586
56 926

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38837
₽25073
₽31733
₽33937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
social contributions
-
-
-
37 808
regional
-
-
-
1 715
municipal
-
-
-
874
national
-
-
-
35 277
total
-
-
-
75 674
Employee
83 391
-
147 000
-
municipal
442
-
780
-
national
14 450
-
30 472
-
regional
787
-
1 513
-
social contributions
28 119
-
49 569
-
total
43 798
-
82 334
-
Employer
83 391
-
147 000
-
total
-
-
-
-
Corporate
63 609
147 000
-
-
municipal
2 480
5 734
-
-
nationa
15 267
35 279
-
-
total
17 747
41 013
-
-
Dividends
45 862
105 987
-
-
withholding
11 925
27 557
-
-
total
11 925
27 557
-
-
Income
147 000
147 000
147 000
147 000
Total tax
73 470
68 570
82 334
75 674
After tax
73 530
78 430
64 666
71 326
Living cost
39 593
39 593
39 593
39 593
Free-cash
33 937
38 837
25 073
31 733

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71756
₽43802
₽49056
₽68840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 606
other
-
-
-
-
surtax
-
-
-
5 482
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
77 239
Employee
31 029
-
121 438
-
other
-
-
-
-
unemployment
2 160
-
8 453
-
pensions
2 069
-
8 100
-
surtax
101
-
4 653
-
income
5 201
-
32 628
-
health
792
-
3 096
-
total
10 323
-
56 930
-
Employer
31 029
-
121 438
-
health
1 412
-
5 525
-
pensions
4 136
-
16 188
-
unemployment
983
-
3 850
-
other
-
-
-
-
total
6 531
-
25 563
-
Corporate
109 440
147 000
-
-
income
28 454
38 221
-
-
total
28 454
38 221
-
-
Dividends
80 985
108 779
-
-
withholding
12 147
16 318
-
-
total
12 147
16 318
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 455
54 539
82 493
77 239
After tax
89 545
92 461
64 507
69 761
Living cost
20 705
20 705
20 705
20 705
Free-cash
68 840
71 756
43 802
49 056

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55353
₽42611
₽56014
₽59941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 089
pensions
-
-
-
8 072
total
-
-
-
48 161
Employee
59 438
-
128 579
-
pensions
5 045
-
10 059
-
income
10 705
-
31 151
-
health
863
-
1 935
-
total
16 613
-
43 145
-
Employer
59 438
-
128 579
-
health
1 129
-
2 442
-
pensions
6 434
-
15 977
-
total
7 563
-
18 419
-
Corporate
79 998
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.

15 199
27 929
-
-
total
15 199
27 929
-
-
Dividends
64 799
119 071
-
-
withholding
4 859
20 893
-
-
total
4 859
20 893
-
-
Income
147 000
147 000
147 000
147 000
Total tax
44 234
48 822
61 564
48 161
After tax
102 766
98 178
85 436
98 839
Living cost
42 825
42 825
42 825
42 825
Free-cash
59 941
55 353
42 611
56 014

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6867
₽38911
₽46053
₽24835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
2 940
regional
-
-
-
6 660
health
-
-
-
331
city
-
-
-
1 549
national
-
-
-
1 856
pensions
-
-
-
13 525
total
-
-
-
26 861
Employee
86 700
-
131 572
-
unemployment
-
-
-
-
pensions
7 284
-
11 051
-
national
410
-
1 515
-
regional
2 839
-
5 746
-
city
930
-
1 414
-
health
196
-
297
-
total
11 659
-
20 023
-
Employer
86 700
-
131 572
-
health
196
-
297
-
pensions
7 284
-
11 051
-
unemployment
-
-
-
-
other

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

1 733
-
2 632
-
total
9 213
-
13 980
-
Corporate
50 134
147 000
-
-
regional
10 602
31 090
-
-
national
4 262
12 496
-
-
total
14 864
43 586
-
-
Dividends
35 269
103 414
-
-
withholding
12 343
36 195
-
-
total
12 343
36 195
-
-
Income
147 000
147 000
147 000
147 000
Total tax
48 079
79 781
34 003
26 861
After tax
98 921
67 219
112 997
120 139
Living cost
74 086
74 086
74 086
74 086
Free-cash
24 835
-6 867
38 911
46 053

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29677
₽51805
₽34075
₽44891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 000
income

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

-
-
-
43 413
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.

-
-
-
2 388
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.

-
-
-
6 410
trade
-
-
-
17 730
total
-
-
-
69 941
Employee

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

56 390
-
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.

365
-
2 388
-
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.

6 631
-
43 413
-
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.

6 410
-
6 410
-
total
13 406
-
52 211
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 610
147 000
-
-
income
13 591
22 049
-
-
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.

748
1 213
-
-
chamber of commerce
271
349
-
-
trade
15 539
25 210
-
-
total
30 149
48 821
-
-
Dividends
60 460
98 179
-
-
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.

812
1 330
-
-
withholding
14 758
24 188
-
-
total
15 570
25 518
-
-
Income
147 000
147 000
147 000
147 000
Total tax
59 125
74 339
52 211
69 941
After tax
87 875
72 661
94 789
77 059
Living cost
42 984
42 984
42 984
42 984
Free-cash
44 891
29 677
51 805
34 075

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41986
₽50720
₽51030
₽47525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 520
other
-
-
-
4 557
surtax
-
-
-
-
social contributions
-
-
-
4 190
health
-
-
-
5 646
pensions
-
-
-
27 954
total
-
-
-
63 867
Employee
40 158
-
114 928
-
pensions
4 541
-
7 509
-
surtax
-
-
-
-
social contributions
1 145
-
3 275
-
income
2 370
-
21 320
-
total
8 056
-
32 104
-
Employer
40 158
-
114 928
-
health
2 812
-
10 065
-
pensions
6 597
-
12 730
-
unemployment
1 626
-
4 655
-
social contributions
121
-
345
-
other
1 385
-
4 278
-
total
12 541
-
32 073
-
Corporate
94 301
147 000
-
-
income
26 405
41 161
-
-
surtax
-
-
-
-
total
26 405
41 161
-
-
Dividends
67 897
105 839
-
-
surtax
-
-
-
-
social contributions
11 679
18 203
-
-
withholding
8 691
13 547
-
-
total
20 370
31 750
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 372
72 911
64 177
63 867
After tax
79 628
74 089
82 823
83 133
Living cost
32 103
32 103
32 103
32 103
Free-cash
47 525
41 986
50 720
51 030

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
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.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45167
₽53901
₽54211
₽50379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 520
other
-
-
-
4 557
surtax
-
-
-
-
social contributions
-
-
-
4 190
health
-
-
-
5 646
pensions
-
-
-
27 954
total
-
-
-
63 867
Employee
35 847
-
114 928
-
pensions
4 054
-
7 509
-
surtax
-
-
-
-
social contributions
1 022
-
3 275
-
income
1 848
-
21 320
-
total
6 924
-
32 104
-
Employer
35 847
-
114 928
-
health
2 509
-
10 065
-
pensions
5 890
-
12 730
-
unemployment
1 451
-
4 655
-
social contributions
107
-
345
-
other
1 238
-
4 278
-
total
11 195
-
32 073
-
Corporate
99 959
147 000
-
-
income
27 988
41 161
-
-
surtax
-
-
-
-
total
27 988
41 161
-
-
Dividends
71 971
105 839
-
-
surtax
-
-
-
-
social contributions
12 379
18 203
-
-
withholding
9 213
13 547
-
-
total
21 592
31 750
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 699
72 911
64 177
63 867
After tax
79 301
74 089
82 823
83 133
Living cost
28 922
28 922
28 922
28 922
Free-cash
50 379
45 167
53 901
54 211

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69788
₽72014
₽74509
₽70275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 049
social contributions
-
-
-
20 286
health
-
-
-
10 260
total
-
-
-
52 595
Employee
31 814
-
147 000
-
social contributions
4 391
-
20 286
-
income
5 306
-
24 544
-
health
2 220
-
10 260
-
total
11 917
-
55 090
-
Employer
31 814
-
147 000
-
total
-
-
-
-
Corporate
115 186
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%.

5 758
7 350
-
-
total
5 758
7 350
-
-
Dividends
109 427
139 650
-
-
social contributions
15 101
19 272
-
-
withholding
16 414
20 947
-
-
health
7 639
9 747
-
-
total
39 154
49 966
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 829
57 316
55 090
52 595
After tax
90 171
89 684
91 910
94 405
Living cost
19 896
19 896
19 896
19 896
Free-cash
70 275
69 788
72 014
74 509

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48446
₽5445
₽42336
₽46995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 410
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
588
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
71 602
Employee
46 892
37 393
114 883
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
28 695
-
health
1 814
1 448
4 241
-
total
13 829
9 530
48 547
-
Employer
46 892
37 393
114 883
-
chamber of commerce
187
150
459
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
3 447
-
other
2 228
1 775
5 411
-
total
13 680
10 948
32 115
-
Corporate
86 429
98 660
111 322
-
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.

21 608
24 665
27 831
-
total
21 608
24 665
27 831
-
Dividends
64 821
73 995
-
-
withholding
17 826
20 349
-
-
total
17 826
20 349
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 943
65 492
108 493
71 602
After tax
80 057
81 508
38 507
75 398
Living cost
33 062
33 062
33 062
33 062
Free-cash
46 995
48 446
5 445
42 336

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48039
₽18566
₽29628
₽33966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
communal

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

-
-
-
7 448
social contributions
-
-
-
22 874
national
-
-
-
52 838
total
-
-
-
83 160
Employee

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

67 117
-
113 854
-
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.

584
-
990
-
communal

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

3 501
-
5 938
-
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.

5 034
-
8 540
-
national
20 635
-
40 261
-
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.

3 153
-
5 351
-
total
32 907
-
61 080
-
Employer

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

67 117
-
113 854
-
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.

4 127
-
7 003
-
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.

5 947
-
10 087
-
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.

872
-
1 480
-
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.

979
-
1 663
-
surtax
7 610
-
12 909
-
total
19 535
-
33 142
-
Corporate
60 346
147 000
-
-
income
12 069
29 400
-
-
surtax
242
588
-
-
total
12 311
29 988
-
-
Dividends
48 035
117 013
-
-
withholding

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

14 069
34 761
-
-
total
14 069
34 761
-
-
Income
147 000
147 000
147 000
147 000
Total tax
78 822
64 749
94 222
83 160
After tax
68 178
82 251
52 778
63 840
Living cost
34 212
34 212
34 212
34 212
Free-cash
33 966
48 039
18 566
29 628

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽64320
₽44879
₽48816
₽57563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
38 207
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
64 298
Employee
46 707
-
119 274
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
34 986
-
total
12 821
-
40 509
-
Employer
46 707
-
119 274
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
85 406
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.

12 811
22 049
-
-
total
12 811
22 049
-
-
Dividends
72 594
124 951
-
-
withholding
15 032
26 745
-
-
total
15 032
26 745
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 551
48 794
68 235
64 298
After tax
91 449
98 206
78 765
82 702
Living cost
33 886
33 886
33 886
33 886
Free-cash
57 563
64 320
44 879
48 816

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
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.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36066
₽29596
₽23734
₽24971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
communal
-
-
-
9 291
accident
-
-
-
1 239
income
-
-
-
22 095
surtax
-
-
-
7 288
health
-
-
-
10 329
pensions
-
-
-
22 033
total
-
-
-
72 275
Employee
71 057
-
131 307
-
pensions
5 684
-
10 504
-
surtax
4 355
-
8 047
-
income
6 863
-
26 329
-
health
3 162
-
5 842
-
total
20 064
-
50 722
-
Employer
71 057
-
131 307
-
health
2 167
-
4 005
-
pensions
5 684
-
10 504
-
accident
639
-
1 182
-
total
8 490
-
15 691
-
Corporate
67 453
147 000
-
-
communal
4 553
9 923
-
-
income
10 117
22 049
-
-
surtax
709
1 544
-
-
total
15 379
33 516
-
-
Dividends
52 074
113 484
-
-
income
19 293
9 404
-
-
withholding
7 812
17 023
-
-
total
27 105
26 427
-
-
Income
147 000
147 000
147 000
147 000
Total tax
71 038
59 943
66 413
72 275
After tax
75 962
87 057
80 587
74 725
Living cost
50 991
50 991
50 991
50 991
Free-cash
24 971
36 066
29 596
23 734

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71386
₽43432
₽48686
₽68405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 606
other
-
-
-
-
surtax
-
-
-
5 482
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
77 239
Employee
31 599
-
121 438
-
other
-
-
-
-
unemployment
2 199
-
8 453
-
pensions
2 108
-
8 100
-
surtax
112
-
4 653
-
income
5 297
-
32 628
-
health
807
-
3 096
-
total
10 523
-
56 930
-
Employer
31 599
-
121 438
-
health
1 437
-
5 525
-
pensions
4 213
-
16 188
-
unemployment
1 002
-
3 850
-
other
-
-
-
-
total
6 652
-
25 563
-
Corporate
108 749
147 000
-
-
income
28 274
38 221
-
-
total
28 274
38 221
-
-
Dividends
80 475
108 779
-
-
withholding
12 071
16 318
-
-
total
12 071
16 318
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 520
54 539
82 493
77 239
After tax
89 480
92 461
64 507
69 761
Living cost
21 075
21 075
21 075
21 075
Free-cash
68 405
71 386
43 432
48 686

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51992
₽38926
₽45549
₽49908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
social contributions
-
-
-
37 808
regional
-
-
-
2 216
municipal
-
-
-
874
national
-
-
-
35 277
total
-
-
-
76 175
Employee
52 049
-
147 000
-
municipal
276
-
780
-
national
8 246
-
30 472
-
regional
701
-
1 977
-
social contributions
17 551
-
49 569
-
total
26 774
-
82 798
-
Employer
52 049
-
147 000
-
total
-
-
-
-
Corporate
94 951
147 000
-
-
municipal
4 719
7 306
-
-
nationa
22 788
35 279
-
-
total
27 507
42 585
-
-
Dividends
67 444
104 415
-
-
withholding
17 535
27 147
-
-
total
17 535
27 147
-
-
Income
147 000
147 000
147 000
147 000
Total tax
71 816
69 732
82 798
76 175
After tax
75 184
77 268
64 202
70 825
Living cost
25 276
25 276
25 276
25 276
Free-cash
49 908
51 992
38 926
45 549

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72855
₽46242
₽51582
₽62738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 107
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
19 845
total
-
-
-
67 063
Employee
41 699
-
109 702
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 131
-
income
5 004
-
13 164
-
health
5 629
-
14 810
-
total
13 343
-
35 105
-
Employer
41 699
-
109 702
-
health
3 753
-
9 873
-
social contributions
10 425
-
27 425
-
total
14 178
-
37 298
-
Corporate
91 124
147 000
-
-
income
17 314
27 930
-
-
total
17 314
27 930
-
-
Dividends
73 810
119 070
-
-
withholding
11 072
17 860
-
-
total
11 072
17 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 907
45 790
72 403
67 063
After tax
91 093
101 210
74 597
79 937
Living cost
28 355
28 355
28 355
28 355
Free-cash
62 738
72 855
46 242
51 582

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51675
₽8630
₽45648
₽51211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 410
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
588
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
71 417
Employee
41 016
37 393
115 056
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
28 768
-
health
1 587
1 448
4 241
-
total
11 081
9 530
48 620
-
Employer
41 016
37 393
115 056
-
chamber of commerce
164
150
459
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
3 451
-
other
1 948
1 775
5 418
-
total
11 803
10 763
31 941
-
Corporate
94 180
98 845
111 496
-
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.

23 545
24 711
27 874
-
total
23 545
24 711
27 874
-
Dividends
70 635
74 134
-
-
withholding
19 425
20 386
-
-
total
19 425
20 386
-
-
Income
147 000
147 000
147 000
147 000
Total tax
65 854
65 390
108 435
71 417
After tax
81 146
81 610
38 565
75 583
Living cost
29 935
29 935
29 935
29 935
Free-cash
51 211
51 675
8 630
45 648

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127868
₽105818
₽133748
₽125658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
147 000
-
income
2 946
-
29 400
-
total
2 946
-
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%.

132 273
147 000
-
-
total
-
-
-
-
Dividends
132 273
147 000
-
-
withholding
6 614
7 350
-
-
total
6 614
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
9 560
7 350
29 400
1 470
After tax
137 440
139 650
117 600
145 530
Living cost
11 782
11 782
11 782
11 782
Free-cash
125 658
127 868
105 818
133 748

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76042
₽43663
₽47555
₽68192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 745
unemployment
-
-
-
221
health
-
-
-
14 466
pensions
-
-
-
26 846
total
-
-
-
74 278
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.

41 492
-
127 196
-
unemployment
59
-
178
-
pensions
6 432
-
19 715
-
income
7 155
-
30 257
-
health
2 680
-
8 216
-
total
16 326
-
58 366
-
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.

41 492
-
127 196
-
health
2 764
-
8 470
-
pensions
3 672
-
11 257
-
unemployment
25
-
77
-
total
6 461
-
19 804
-
Corporate
99 048
147 000
-
-
income
18 819
27 931
-
-
total
18 819
27 931
-
-
Dividends
80 229
119 069
-
-
withholding
12 035
17 860
-
-
total
12 035
17 860
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 641
45 791
78 170
74 278
After tax
93 359
101 209
68 830
72 722
Living cost
25 167
25 167
25 167
25 167
Free-cash
68 192
76 042
43 663
47 555

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
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.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49355
₽94700
₽61509
₽5172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
8 500
147 000
-
-
income
1 870
32 340
-
-
total
1 870
32 340
-
-
Dividends
6 630
114 660
-
-
income
1 459
25 225
-
-
total
1 459
25 225
-
-
Income
147 000
147 000
147 000
147 000
Total tax
101 748
57 565
12 220
45 411
After tax
45 252
89 435
134 780
101 589
Living cost
40 080
40 080
40 080
40 080
Free-cash
5 172
49 355
94 700
61 509

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
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.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54182
₽39322
₽49950
₽53239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 536
surtax
-
-
-
-
social contributions

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

-
-
-
51 082
total
-
-
-
67 618
Employee
43 155
-
118 788
-
surtax
-
-
-
-
social contributions
4 747
-
13 066
-
income
8 976
-
36 968
-
total
13 723
-
50 034
-
Employer
43 155
-
118 788
-
social contributions
10 249
-
28 212
-
total
10 249
-
28 212
-
Corporate
93 596
147 000
-
-
income
19 654
30 870
-
-
surtax
-
-
-
-
total
19 654
30 870
-
-
Dividends
73 942
116 130
-
-
withholding
20 703
32 516
-
-
total
20 703
32 516
-
-
Income
147 000
147 000
147 000
147 000
Total tax
64 329
63 386
78 246
67 618
After tax
82 671
83 614
68 754
79 382
Living cost
29 432
29 432
29 432
29 432
Free-cash
53 239
54 182
39 322
49 950

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28770
₽37504
₽37814
₽35219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 520
other
-
-
-
4 557
surtax
-
-
-
-
social contributions
-
-
-
4 190
health
-
-
-
5 646
pensions
-
-
-
27 954
total
-
-
-
63 867
Employee
58 768
-
114 928
-
pensions
6 647
-
7 509
-
surtax
-
-
-
-
social contributions
1 674
-
3 275
-
income
5 128
-
21 320
-
total
13 449
-
32 104
-
Employer
58 768
-
114 928
-
health
4 113
-
10 065
-
pensions
9 656
-
12 730
-
unemployment
2 381
-
4 655
-
social contributions
176
-
345
-
other
2 028
-
4 278
-
total
18 354
-
32 073
-
Corporate
69 878
147 000
-
-
income
19 565
41 161
-
-
surtax
-
-
-
-
total
19 565
41 161
-
-
Dividends
50 312
105 839
-
-
surtax
-
-
-
-
social contributions
8 654
18 203
-
-
withholding
6 440
13 547
-
-
total
15 094
31 750
-
-
Income
147 000
147 000
147 000
147 000
Total tax
66 462
72 911
64 177
63 867
After tax
80 538
74 089
82 823
83 133
Living cost
45 319
45 319
45 319
45 319
Free-cash
35 219
28 770
37 504
37 814

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104094
₽84593
₽80687
₽100943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 767
social contributions
-
-
-
32 341
total
-
-
-
38 108
Employee
30 166
-
127 273
-
income
-
-
6 202
-
social contributions
1 960
-
8 273
-
total
1 960
-
14 475
-
Employer
30 166
-
127 273
-
social contributions
4 676
-
19 727
-
total
4 676
-
19 727
-
Corporate
112 159
147 000
-
-
income
11 216
14 701
-
-
total
11 216
14 701
-
-
Dividends
100 943
132 299
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
17 852
14 701
34 202
38 108
After tax
129 148
132 299
112 798
108 892
Living cost
28 205
28 205
28 205
28 205
Free-cash
100 943
104 094
84 593
80 687

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57426
-₽57426
₽42567
-₽57426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
labour market
-
-
-
11 695
municipal
-
-
-
30 078
national
-
-
-
16 660
pensions
-
-
-
813
total
-
-
-
59 246
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
159 239
159 239
159 239
59 246
After tax
-12 239
-12 239
-12 239
87 754
Living cost
45 187
45 187
45 187
45 187
Free-cash
-57 426
-57 426
-57 426
42 567

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8732
₽58482
₽79925
₽8740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
39 804
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
46 436
Employee
32 466
-
131 108
-
pensions
3 656
-
7 264
-
income
4 454
-
29 712
-
health
3 718
-
15 012
-
total
11 828
-
51 988
-
Employer
32 466
-
131 108
-
pensions
5 279
-
10 490
-
accident
542
-
2 189
-
unemployment
796
-
3 212
-
total
6 617
-
15 891
-
Corporate
107 917
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.

97 125
132 300
-
-
total
97 125
132 300
-
-
Dividends
10 792
14 700
-
-
withholding
2 051
2 793
-
-
total
2 051
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
117 621
135 093
67 879
46 436
After tax
29 379
11 907
79 121
100 564
Living cost
20 639
20 639
20 639
20 639
Free-cash
8 740
-8 732
58 482
79 925

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57225
₽42252
₽61447
₽59141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 000
health
-
-
-
1 871
municipal
-
-
-
26 123
national
-
-
-
21 535
total
-
-
-
49 529
Employee
49 366
-
123 665
-
municipal
8 086
-
20 151
-
unemployment
741
-
1 855
-
pensions
3 332
-
8 347
-
national
816
-
13 522
-
health
369
-
1 514
-
total
13 344
-
45 389
-
Employer
49 366
-
123 665
-
health
379
-
953
-
pensions
8 565
-
21 456
-
accident
50
-
123
-
unemployment
321
-
803
-
total
9 315
-
23 335
-
Corporate
88 319
147 000
-
-
income
17 664
29 400
-
-
total
17 664
29 400
-
-
Dividends

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

52 992
88 200
-
-
municipal
9 539
15 876
-
-
national
1 973
8 475
-
-
total
11 512
24 351
-
-
Income
147 000
147 000
147 000
147 000
Total tax
51 835
53 751
68 724
49 529
After tax
95 165
93 249
78 276
97 471
Living cost
36 024
36 024
36 024
36 024
Free-cash
59 141
57 225
42 252
61 447

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85575
₽78323
₽79666
₽80467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 681
social contributions
-
-
-
15 181
health
-
-
-
3 748
total
-
-
-
45 610
Employee
72 151
72 151
136 400
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
25 958
-
health
559
1 227
2 318
-
total
11 143
13 894
36 353
-
Employer
72 151
72 151
136 400
-
health
607
1 335
2 523
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
10 600
-
Corporate
110 798
67 525
-
-
income
13 850
8 440
-
-
total
13 850
8 440
-
-
Dividends
96 948
59 085
-
-
withholding
16 481
10 044
-
-
total
16 481
10 044
-
-
Income
147 000
147 000
147 000
147 000
Total tax
44 809
39 701
46 953
45 610
After tax
102 191
107 299
100 047
101 390
Living cost
21 724
21 724
21 724
21 724
Free-cash
80 467
85 575
78 323
79 666

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106834
₽89086
₽107905
₽102061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 806
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
24 198
Employee

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

21 537
-
137 830
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
12 479
-
health
1 830
-
7 568
-
total
6 640
-
33 847
-
Employer

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

21 537
-
137 830
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
123 246
147 000
-
-
income
11 091
13 230
-
-
total
11 091
13 230
-
-
Dividends
112 154
133 770
-
-
withholding
10 094
12 039
-
-
total
10 094
12 039
-
-
Income
147 000
147 000
147 000
147 000
Total tax
30 042
25 269
43 017
24 198
After tax
116 958
121 731
103 983
122 802
Living cost
14 897
14 897
14 897
14 897
Free-cash
102 061
106 834
89 086
107 905

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72404
₽52963
₽56900
₽68200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
38 207
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
64 298
Employee
34 695
-
119 274
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
34 986
-
total
8 892
-
40 509
-
Employer
34 695
-
119 274
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
101 244
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.

15 187
22 049
-
-
total
15 187
22 049
-
-
Dividends
86 057
124 951
-
-
withholding
17 858
26 745
-
-
total
17 858
26 745
-
-
Income
147 000
147 000
147 000
147 000
Total tax
52 998
48 794
68 235
64 298
After tax
94 002
98 206
78 765
82 702
Living cost
25 802
25 802
25 802
25 802
Free-cash
68 200
72 404
52 963
56 900

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89828
₽92399
₽92534
₽89516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
50 175
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
52 566
Employee
2 894
-
145 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
50 102
-
health
145
-
347
-
total
994
-
51 142
-
Employer
2 894
-
145 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
143 454
147 000
-
-
income
31 560
32 340
-
-
total
31 560
32 340
-
-
Dividends
111 894
114 660
-
-
withholding
22 379
22 932
-
-
total
22 379
22 932
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 584
55 272
52 701
52 566
After tax
91 416
91 728
94 299
94 434
Living cost
1 900
1 900
1 900
1 900
Free-cash
89 516
89 828
92 399
92 534

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90012
₽71804
₽71804
₽85403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 838
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
59 000
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.

24 423
-
134 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
32 838
-
health
1 258
-
3 564
-
total
8 227
-
46 611
-
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.

24 423
-
134 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
118 205
147 000
-
-
income
17 731
22 050
-
-
total
17 731
22 050
-
-
Dividends
100 474
124 950
-
-
withholding
15 071
18 742
-
-
total
15 071
18 742
-
-
Income
147 000
147 000
147 000
147 000
Total tax
45 401
40 792
59 000
59 000
After tax
101 599
106 208
88 000
88 000
Living cost
16 196
16 196
16 196
16 196
Free-cash
85 403
90 012
71 804
71 804

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58318
₽43458
₽54086
₽57980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 536
surtax
-
-
-
-
social contributions

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

-
-
-
51 082
total
-
-
-
67 618
Employee
36 418
-
118 788
-
surtax
-
-
-
-
social contributions
4 006
-
13 066
-
income
7 116
-
36 968
-
total
11 122
-
50 034
-
Employer
36 418
-
118 788
-
social contributions
8 648
-
28 212
-
total
8 648
-
28 212
-
Corporate
101 934
147 000
-
-
income
21 406
30 870
-
-
surtax
-
-
-
-
total
21 406
30 870
-
-
Dividends
80 527
116 130
-
-
withholding
22 548
32 516
-
-
total
22 548
32 516
-
-
Income
147 000
147 000
147 000
147 000
Total tax
63 724
63 386
78 246
67 618
After tax
83 276
83 614
68 754
79 382
Living cost
25 296
25 296
25 296
25 296
Free-cash
57 980
58 318
43 458
54 086

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65230
₽45789
₽49726
₽58791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
38 207
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
64 298
Employee
45 316
-
119 274
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
34 986
-
total
12 342
-
40 509
-
Employer
45 316
-
119 274
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
87 236
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.

13 086
22 049
-
-
total
13 086
22 049
-
-
Dividends
74 151
124 951
-
-
withholding
15 358
26 745
-
-
total
15 358
26 745
-
-
Income
147 000
147 000
147 000
147 000
Total tax
55 233
48 794
68 235
64 298
After tax
91 767
98 206
78 765
82 702
Living cost
32 976
32 976
32 976
32 976
Free-cash
58 791
65 230
45 789
49 726

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109548
₽105633
₽100064
₽103830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
income
-
-
-
22 050
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
30 799
Employee
21 368
-
140 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
14 057
-
health
983
-
1 507
-
total
5 231
-
18 801
-
Employer
21 368
-
140 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
121 440
147 000
-
-
income
12 144
14 700
-
-
total
12 144
14 700
-
-
Dividends
109 296
132 300
-
-
withholding
5 465
6 615
-
-
total
5 465
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
27 033
21 315
25 230
30 799
After tax
119 967
125 685
121 770
116 201
Living cost
16 137
16 137
16 137
16 137
Free-cash
103 830
109 548
105 633
100 064

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39458
₽58564
₽43730
₽51735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 000
income

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

-
-
-
43 413
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.

-
-
-
2 388
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.

-
-
-
6 410
trade
-
-
-
14 834
total
-
-
-
67 045
Employee

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

46 686
-
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.

212
-
2 388
-
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.

3 839
-
43 413
-
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.

6 410
-
6 410
-
total
10 461
-
52 211
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 314
147 000
-
-
income
15 046
22 049
-
-
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.

828
1 213
-
-
chamber of commerce
290
358
-
-
trade
14 394
21 095
-
-
total
30 558
44 715
-
-
Dividends
69 755
102 285
-
-
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.

940
1 387
-
-
withholding
17 081
25 215
-
-
total
18 021
26 602
-
-
Income
147 000
147 000
147 000
147 000
Total tax
59 040
71 317
52 211
67 045
After tax
87 960
75 683
94 789
79 955
Living cost
36 225
36 225
36 225
36 225
Free-cash
51 735
39 458
58 564
43 730

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49452
₽26160
₽26160
₽51521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 290
social contributions
-
-
-
24 100
total
-
-
-
67 390
Employee
73 396
-
147 000
-
income
13 850
-
43 290
-
social contributions
6 098
-
24 100
-
total
19 948
-
67 390
-
Employer
73 396
-
147 000
-
total
-
-
-
-
Corporate
73 604
147 000
-
-
income
9 200
18 374
-
-
total
9 200
18 374
-
-
Dividends
64 403
128 626
-
-
withholding
12 881
25 724
-
-
total
12 881
25 724
-
-
Income
147 000
147 000
147 000
147 000
Total tax
42 029
44 098
67 390
67 390
After tax
104 971
102 902
79 610
79 610
Living cost
53 450
53 450
53 450
53 450
Free-cash
51 521
49 452
26 160
26 160

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56531
₽71574
₽80543
₽59810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
142 684
-
income
4 671
-
32 733
-
social contributions
4 313
-
4 316
-
total
8 984
-
37 049
-
Employer
43 044
-
142 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
99 643
147 000
-
-
income
34 875
51 451
-
-
total
34 875
51 451
-
-
Dividends
64 768
95 549
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 129
56 408
41 365
32 396
After tax
93 871
90 592
105 635
114 604
Living cost
34 061
34 061
34 061
34 061
Free-cash
59 810
56 531
71 574
80 543

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
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.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63363
₽50621
₽64024
₽68911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 089
pensions
-
-
-
8 072
total
-
-
-
48 161
Employee
47 789
-
128 579
-
pensions
3 648
-
10 059
-
income
8 703
-
31 151
-
health
623
-
1 935
-
total
12 974
-
43 145
-
Employer
47 789
-
128 579
-
health
908
-
2 442
-
pensions
4 828
-
15 977
-
total
5 736
-
18 419
-
Corporate
93 474
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.

17 761
27 929
-
-
total
17 761
27 929
-
-
Dividends
75 714
119 071
-
-
withholding
6 803
20 893
-
-
total
6 803
20 893
-
-
Income
147 000
147 000
147 000
147 000
Total tax
43 274
48 822
61 564
48 161
After tax
103 726
98 178
85 436
98 839
Living cost
34 815
34 815
34 815
34 815
Free-cash
68 911
63 363
50 621
64 024

Estimated living cost  is ₽34815 per week

₽23883
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.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽10775
₽56439
₽77882
₽8428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
39 804
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
46 436
Employee
35 680
-
131 108
-
pensions
4 018
-
7 264
-
income
4 895
-
29 712
-
health
4 085
-
15 012
-
total
12 998
-
51 988
-
Employer
35 680
-
131 108
-
pensions
5 801
-
10 490
-
accident
596
-
2 189
-
unemployment
874
-
3 212
-
total
7 271
-
15 891
-
Corporate
104 049
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.

93 644
132 300
-
-
total
93 644
132 300
-
-
Dividends
10 405
14 700
-
-
withholding
1 977
2 793
-
-
total
1 977
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
115 890
135 093
67 879
46 436
After tax
31 110
11 907
79 121
100 564
Living cost
22 682
22 682
22 682
22 682
Free-cash
8 428
-10 775
56 439
77 882

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111024
₽89726
₽69938
₽106634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
147 000
income
-
-
-
23 960
unemployment
-
-
-
1 764
work injury
-
-
-
735
health insurance
-
-
-
10 878
pensions
-
-
-
27 048
total
-
-
-
64 385
Employee

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

20 283
-
147 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
23 960
-
total
7 605
-
44 597
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 717
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%.

1 267
1 470
-
-
total
1 267
1 470
-
-
Dividends
125 450
145 530
-
-
withholding
18 817
21 829
-
-
total
18 817
21 829
-
-
Income
147 000
147 000
147 000
147 000
Total tax
27 689
23 299
44 597
64 385
After tax
119 311
123 701
102 403
82 615
Living cost
12 677
12 677
12 677
12 677
Free-cash
106 634
111 024
89 726
69 938

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40050
₽25739
₽32205
₽35780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 000
social contributions
-
-
-
37 808
regional
-
-
-
3 347
municipal
-
-
-
983
national
-
-
-
35 277
total
-
-
-
77 415
Employee
79 067
-
147 000
-
municipal
472
-
876
-
national
13 362
-
30 472
-
regional
1 194
-
2 964
-
social contributions
26 661
-
49 569
-
total
41 689
-
83 881
-
Employer
79 067
-
147 000
-
total
-
-
-
-
Corporate
67 933
147 000
-
-
municipal
3 275
7 085
-
-
nationa
16 303
35 279
-
-
total
19 578
42 364
-
-
Dividends
48 355
104 636
-
-
withholding
12 573
27 206
-
-
total
12 573
27 206
-
-
Income
147 000
147 000
147 000
147 000
Total tax
73 840
69 570
83 881
77 415
After tax
73 160
77 430
63 119
69 585
Living cost
37 380
37 380
37 380
37 380
Free-cash
35 780
40 050
25 739
32 205

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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