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
₽ 147500
per

Your estimated
City
free-cash

Dresden , Germany
₽44135
₽65621
₽49717
₽55201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income

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

-
-
-
42 406
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.

-
-
-
2 332
health

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

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

-
-
-
6 835
trade
-
-
-
15 904
total
-
-
-
67 477
Employee

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

38 269
-
147 500
-
surtax

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

59
-
2 332
-
income

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

1 069
-
42 406
-
health

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

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

6 835
-
6 835
-
total
7 963
-
51 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 231
147 500
-
-
income
16 384
22 126
-
-
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.

902
1 217
-
-
chamber of commerce
309
365
-
-
trade
17 204
23 231
-
-
total
34 799
46 939
-
-
Dividends
74 431
100 562
-
-
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.

1 003
1 361
-
-
withholding
18 228
24 759
-
-
total
19 231
26 120
-
-
Income
147 500
147 500
147 500
147 500
Total tax
61 993
73 059
51 573
67 477
After tax
85 507
74 441
95 927
80 023
Living cost
30 306
30 306
30 306
30 306
Free-cash
55 201
44 135
65 621
49 717

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽38989
₽35787
₽34630
₽38107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
1 586
municipal
-
-
-
15 898
national
-
-
-
24 635
pensions
-
-
-
17 700
total
-
-
-
59 819
Employee
82 238
-
127 512
-
municipal
10 158
-
16 469
-
pensions
3 290
-
5 101
-
national
15 740
-
25 520
-
total
29 188
-
47 090
-
Employer
82 238
-
127 512
-
pensions
6 579
-
10 201
-
social contributions
884
-
1 371
-
total
7 463
-
11 572
-
Corporate
52 371
147 500
-
-
income

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

10 474
29 500
-
-
total
10 474
29 500
-
-
Dividends
41 897
118 000
-
-
withholding
9 217
25 960
-
-
total
9 217
25 960
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 342
55 460
58 662
59 819
After tax
91 158
92 040
88 838
87 681
Living cost
53 051
53 051
53 051
53 051
Free-cash
38 107
38 989
35 787
34 630

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽97184
₽69296
₽26768
₽88979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income
-
-
-
23 969
surtax
-
-
-
37 612
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
99 916
Employee
29 236
-
105 341
-
surtax
-
-
-
-
social contributions

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

3 216
-
11 588
-
income
5 204
-
20 424
-
total
8 420
-
32 012
-
Employer
29 236
-
105 341
-
social contributions

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

7 042
-
25 376
-
surtax
-
-
-
-
total
7 042
-
25 376
-
Corporate
111 221
147 500
-
-
income

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

22 243
29 500
-
-
total
22 243
29 500
-
-
Dividends

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

88 978
118 000
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
37 705
29 500
57 388
99 916
After tax
109 795
118 000
90 112
47 584
Living cost
20 816
20 816
20 816
20 816
Free-cash
88 979
97 184
69 296
26 768

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽30682
₽47121
₽41518
₽24553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
40 007
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
64 068
Employee
85 442
85 442
128 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
15 810
-
health
13 114
11 155
12 338
-
total
42 480
36 864
39 871
-
Employer
85 442
85 442
128 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
48 144
47 096
-
-
income
9 628
9 420
-
-
total
9 628
9 420
-
-
Dividends
38 516
37 676
-
-
income
8 185
8 007
-
-
withholding
5 778
5 651
-
-
total
13 963
13 658
-
-
Income
147 500
147 500
147 500
147 500
Total tax
81 033
74 904
58 465
64 068
After tax
66 467
72 596
89 035
83 432
Living cost
41 914
41 914
41 914
41 914
Free-cash
24 553
30 682
47 121
41 518

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽39434
₽35722
₽36733
₽38512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
36 203
national
-
-
-
7 367
pensions
-
-
-
9 738
total
-
-
-
69 666
Employee
58 565
-
119 197
-
municipal
17 464
-
35 545
-
national
-
-
6 829
-
total
17 464
-
42 374
-
Employer
58 565
-
119 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
70 534
147 500
-
-
income
15 517
32 450
-
-
total
15 517
32 450
-
-
Dividends
55 016
115 050
-
-
withholding
16 505
34 515
-
-
total
16 505
34 515
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 887
66 965
70 677
69 666
After tax
79 613
80 535
76 823
77 834
Living cost
41 101
41 101
41 101
41 101
Free-cash
38 512
39 434
35 722
36 733

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽34376
₽56622
₽40010
₽48440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income

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

-
-
-
42 406
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.

-
-
-
2 332
health

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

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

-
-
-
6 835
trade
-
-
-
16 612
total
-
-
-
68 185
Employee

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

50 740
-
147 500
-
surtax

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

239
-
2 332
-
income

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

4 359
-
42 406
-
health

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

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

6 835
-
6 835
-
total
11 433
-
51 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 760
147 500
-
-
income
14 514
22 126
-
-
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.

797
1 217
-
-
chamber of commerce
289
361
-
-
trade
15 917
24 264
-
-
total
31 517
47 968
-
-
Dividends
65 244
99 533
-
-
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.

875
1 348
-
-
withholding
15 930
24 503
-
-
total
16 805
25 851
-
-
Income
147 500
147 500
147 500
147 500
Total tax
59 755
73 819
51 573
68 185
After tax
87 745
73 681
95 927
79 315
Living cost
39 305
39 305
39 305
39 305
Free-cash
48 440
34 376
56 622
40 010

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽75245
₽68426
₽69803
₽71093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
25 295
social contributions
-
-
-
16 188
health
-
-
-
3 761
total
-
-
-
45 244
Employee
76 937
76 937
136 364
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
24 554
-
health
765
1 308
2 318
-
total
12 583
14 815
35 485
-
Employer
76 937
76 937
136 364
-
health
834
1 424
2 523
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
11 136
-
Corporate
97 892
62 754
-
-
income
12 237
7 844
-
-
total
12 237
7 844
-
-
Dividends
85 655
54 910
-
-
withholding
14 561
9 334
-
-
total
14 561
9 334
-
-
Income
147 500
147 500
147 500
147 500
Total tax
43 954
39 802
46 621
45 244
After tax
103 546
107 698
100 879
102 256
Living cost
32 453
32 453
32 453
32 453
Free-cash
71 093
75 245
68 426
69 803

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽64552
₽67137
₽83810
₽64934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
18 032
unemployment
-
-
-
2 212
health
-
-
-
10 325
pensions
-
-
-
14 750
total
-
-
-
45 319
Employee

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
123 431
-
unemployment
398
158
1 851
-
pensions
2 652
1 055
12 343
-
income
3 242
1 290
15 089
-
health
1 856
739
8 640
-
total
8 148
3 242
37 923
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
123 431
-
pensions
5 171
2 058
24 069
-
total
5 171
2 058
24 069
-
Corporate
115 809
134 887
-
-
income
10 423
12 140
-
-
total
10 423
12 140
-
-
Dividends
105 386
122 748
-
-
social contributions
20 430
23 815
-
-
withholding
20 023
23 322
-
-
total
40 453
47 137
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 195
64 577
61 992
45 319
After tax
83 305
82 923
85 508
102 181
Living cost
18 371
18 371
18 371
18 371
Free-cash
64 934
64 552
67 137
83 810

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽93833
₽60850
₽54894
₽87617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
19 766
health
-
-
-
19 175
pensions
-
-
-
29 498
total
-
-
-
68 439
Employee
28 384
-
110 240
-
unemployment
454
-
1 764
-
pensions
568
-
2 204
-
income
3 196
-
21 254
-
total
4 218
-
25 222
-
Employer
28 384
-
110 240
-
health
3 689
-
14 332
-
pensions
5 677
-
22 048
-
unemployment
228
-
881
-
total
9 594
-
37 261
-
Corporate
109 522
147 500
-
-
income
21 904
29 500
-
-
total
21 904
29 500
-
-
Dividends
87 618
118 000
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
35 716
29 500
62 483
68 439
After tax
111 784
118 000
85 017
79 061
Living cost
24 167
24 167
24 167
24 167
Free-cash
87 617
93 833
60 850
54 894

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽10354
₽56725
₽78641
₽8527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
256
income
-
-
-
39 496
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
46 557
Employee
35 083
-
130 937
-
pensions
3 950
-
7 734
-
income
4 813
-
29 183
-
health
4 017
-
14 992
-
total
12 780
-
51 909
-
Employer
35 083
-
130 937
-
pensions
5 705
-
11 169
-
accident
586
-
2 187
-
unemployment
859
-
3 208
-
total
7 150
-
16 564
-
Corporate
105 268
147 500
-
-
income

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

94 741
132 750
-
-
total
94 741
132 750
-
-
Dividends
10 527
14 750
-
-
withholding
2 000
2 802
-
-
total
2 000
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
116 671
135 552
68 473
46 557
After tax
30 829
11 948
79 027
100 943
Living cost
22 302
22 302
22 302
22 302
Free-cash
8 527
-10 354
56 725
78 641

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽132060
₽109935
₽137960
₽130548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
147 500
microenterprise

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

-
-
-
1 475
total
-
-
-
1 475
Employee
10 081
-
147 500
-
income
2 016
-
29 500
-
total
2 016
-
29 500
-
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%.

137 419
147 500
-
-
total
-
-
-
-
Dividends
137 419
147 500
-
-
withholding
6 871
7 375
-
-
total
6 871
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
8 887
7 375
29 500
1 475
After tax
138 613
140 125
118 000
146 025
Living cost
8 065
8 065
8 065
8 065
Free-cash
130 548
132 060
109 935
137 960

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽81707
₽57629
₽51527
₽74951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
20 417
other
-
-
-
7 006
health
-
-
-
6 490
pensions

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

-
-
-
35 400
total
-
-
-
69 313
Employee
36 329
-
117 814
-
unemployment
363
-
1 177
-
pensions

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

2 542
-
8 246
-
income
6 254
-
22 451
-
health
509
-
1 650
-
total
9 668
-
33 524
-
Employer
36 329
-
117 814
-
health
509
-
1 650
-
pensions

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

6 177
-
20 028
-
accident
291
-
942
-
unemployment
363
-
1 177
-
other
1 817
-
5 890
-
total
9 157
-
29 687
-
Corporate
102 016
147 500
-
-
income
21 423
30 976
-
-
total
21 423
30 976
-
-
Dividends
80 592
116 524
-
-
withholding
5 641
8 157
-
-
total
5 641
8 157
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 889
39 133
63 211
69 313
After tax
101 611
108 367
84 289
78 187
Living cost
26 660
26 660
26 660
26 660
Free-cash
74 951
81 707
57 629
51 527

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽33156
₽20025
₽33526
₽30564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 267
pensions
-
-
-
8 379
total
-
-
-
47 646
Employee
93 844
-
129 101
-
pensions
9 053
-
10 504
-
income
16 916
-
30 266
-
health
1 546
-
1 977
-
total
27 515
-
42 747
-
Employer
93 844
-
129 101
-
health
1 782
-
2 453
-
pensions
11 080
-
15 947
-
total
12 862
-
18 400
-
Corporate
40 794
147 500
-
-
income

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

7 752
28 025
-
-
total
7 752
28 025
-
-
Dividends
33 042
119 475
-
-
withholding
2 479
19 991
-
-
total
2 479
19 991
-
-
Income
147 500
147 500
147 500
147 500
Total tax
50 608
48 016
61 147
47 646
After tax
96 892
99 484
86 353
99 854
Living cost
66 328
66 328
66 328
66 328
Free-cash
30 564
33 156
20 025
33 526

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽112999
₽108408
₽102933
₽108354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
22 125
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
31 454
Employee
17 364
-
140 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
14 065
-
health
799
-
1 607
-
total
4 251
-
19 124
-
Employer
17 364
-
140 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
126 729
147 500
-
-
income
12 673
14 750
-
-
total
12 673
14 750
-
-
Dividends
114 056
132 750
-
-
withholding
5 702
6 638
-
-
total
5 702
6 638
-
-
Income
147 500
147 500
147 500
147 500
Total tax
26 033
21 388
25 979
31 454
After tax
121 467
126 112
121 521
116 046
Living cost
13 113
13 113
13 113
13 113
Free-cash
108 354
112 999
108 408
102 933

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽17114
₽33553
₽27950
₽19630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
40 007
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
64 068
Employee
92 763
85 442
128 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
15 810
-
health
11 573
11 155
12 338
-
total
37 282
36 864
39 871
-
Employer
92 763
85 442
128 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
38 495
47 096
-
-
income
7 699
9 420
-
-
total
7 699
9 420
-
-
Dividends
30 796
37 676
-
-
income
6 545
8 007
-
-
withholding
4 620
5 651
-
-
total
11 165
13 658
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 388
74 904
58 465
64 068
After tax
75 112
72 596
89 035
83 432
Living cost
55 482
55 482
55 482
55 482
Free-cash
19 630
17 114
33 553
27 950

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽76694
₽49990
₽53183
₽67825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
13 772
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
19 912
total
-
-
-
69 457
Employee
36 559
-
110 075
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
7 155
-
income
4 387
-
13 209
-
health
4 936
-
14 860
-
total
11 699
-
35 224
-
Employer
36 559
-
110 075
-
health
3 290
-
9 907
-
social contributions
9 140
-
27 519
-
total
12 430
-
37 426
-
Corporate
98 511
147 500
-
-
income
18 717
28 025
-
-
total
18 717
28 025
-
-
Dividends
79 794
119 475
-
-
withholding
11 969
17 921
-
-
total
11 969
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
54 815
45 946
72 650
69 457
After tax
92 685
101 554
74 850
78 043
Living cost
24 860
24 860
24 860
24 860
Free-cash
67 825
76 694
49 990
53 183

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽36477
₽23092
₽29955
₽31254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
37 936
regional
-
-
-
1 711
municipal
-
-
-
877
national
-
-
-
34 802
total
-
-
-
75 326
Employee
88 922
-
147 500
-
municipal
471
-
782
-
national
15 408
-
30 163
-
regional
839
-
1 507
-
social contributions
29 985
-
49 737
-
total
46 703
-
82 189
-
Employer
88 922
-
147 500
-
total
-
-
-
-
Corporate
58 578
147 500
-
-
municipal
2 284
5 753
-
-
nationa
14 058
35 400
-
-
total
16 342
41 153
-
-
Dividends
42 236
106 347
-
-
withholding
10 982
27 651
-
-
total
10 982
27 651
-
-
Income
147 500
147 500
147 500
147 500
Total tax
74 027
68 804
82 189
75 326
After tax
73 473
78 696
65 311
72 174
Living cost
42 219
42 219
42 219
42 219
Free-cash
31 254
36 477
23 092
29 955

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽70698
₽43663
₽47916
₽67584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
35 937
other
-
-
-
-
surtax
-
-
-
5 153
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
77 505
Employee
33 087
-
121 850
-
other
-
-
-
-
unemployment
2 303
-
8 482
-
pensions
2 206
-
8 127
-
surtax
108
-
4 481
-
income
5 546
-
31 910
-
health
845
-
3 108
-
total
11 008
-
56 108
-
Employer
33 087
-
121 850
-
health
1 506
-
5 544
-
pensions
4 411
-
16 244
-
unemployment
1 048
-
3 862
-
other
-
-
-
-
total
6 965
-
25 650
-
Corporate
107 448
147 500
-
-
income
27 936
38 350
-
-
total
27 936
38 350
-
-
Dividends
79 512
109 150
-
-
withholding
11 928
16 373
-
-
total
11 928
16 373
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 837
54 723
81 758
77 505
After tax
89 663
92 777
65 742
69 995
Living cost
22 079
22 079
22 079
22 079
Free-cash
67 584
70 698
43 663
47 916

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽54171
₽41040
₽54541
₽57397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 267
pensions
-
-
-
8 379
total
-
-
-
47 646
Employee
62 892
-
129 101
-
pensions
5 338
-
10 504
-
income
11 327
-
30 266
-
health
913
-
1 977
-
total
17 578
-
42 747
-
Employer
62 892
-
129 101
-
health
1 195
-
2 453
-
pensions
6 808
-
15 947
-
total
8 003
-
18 400
-
Corporate
76 606
147 500
-
-
income

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

14 555
28 025
-
-
total
14 555
28 025
-
-
Dividends
62 050
119 475
-
-
withholding
4 654
19 991
-
-
total
4 654
19 991
-
-
Income
147 500
147 500
147 500
147 500
Total tax
44 790
48 016
61 147
47 646
After tax
102 710
99 484
86 353
99 854
Living cost
45 313
45 313
45 313
45 313
Free-cash
57 397
54 171
41 040
54 541

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽11798
₽34518
₽41684
₽22109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
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.

-
-
-
2 949
regional
-
-
-
6 434
health
-
-
-
332
city
-
-
-
1 555
national
-
-
-
1 728
pensions
-
-
-
13 572
total
-
-
-
26 570
Employee
92 738
-
132 021
-
unemployment
-
-
-
-
pensions
7 791
-
11 088
-
national
439
-
1 389
-
regional
3 037
-
5 518
-
city
995
-
1 419
-
health
210
-
297
-
total
12 472
-
19 711
-
Employer
92 738
-
132 021
-
health
210
-
297
-
pensions
7 791
-
11 088
-
unemployment
-
-
-
-
other

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

1 854
-
2 640
-
total
9 855
-
14 025
-
Corporate
43 887
147 500
-
-
regional
9 281
31 196
-
-
national
3 731
12 538
-
-
total
13 012
43 734
-
-
Dividends
30 875
103 767
-
-
withholding
10 806
36 318
-
-
total
10 806
36 318
-
-
Income
147 500
147 500
147 500
147 500
Total tax
46 145
80 052
33 736
26 570
After tax
101 355
67 448
113 764
120 930
Living cost
79 246
79 246
79 246
79 246
Free-cash
22 109
-11 798
34 518
41 684

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽27088
₽50092
₽32774
₽43312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income

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

-
-
-
42 406
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.

-
-
-
2 332
health

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

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

-
-
-
6 835
trade
-
-
-
17 318
total
-
-
-
68 891
Employee

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

60 131
-
147 500
-
surtax

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

389
-
2 332
-
income

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

7 071
-
42 406
-
health

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

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

6 835
-
6 835
-
total
14 295
-
51 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 369
147 500
-
-
income
13 105
22 126
-
-
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.

722
1 217
-
-
chamber of commerce
275
359
-
-
trade
14 985
25 297
-
-
total
29 087
48 999
-
-
Dividends
58 283
98 502
-
-
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.

780
1 333
-
-
withholding
14 191
24 245
-
-
total
14 971
25 578
-
-
Income
147 500
147 500
147 500
147 500
Total tax
58 353
74 577
51 573
68 891
After tax
89 147
72 923
95 927
78 609
Living cost
45 835
45 835
45 835
45 835
Free-cash
43 312
27 088
50 092
32 774

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽40106
₽50044
₽49354
₽46017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
20 758
other
-
-
-
4 572
surtax
-
-
-
-
social contributions
-
-
-
4 204
health
-
-
-
5 339
pensions
-
-
-
29 041
total
-
-
-
63 914
Employee
42 822
-
115 898
-
pensions
4 842
-
7 337
-
surtax
-
-
-
-
social contributions
1 221
-
3 302
-
income
2 527
-
20 986
-
total
8 590
-
31 625
-
Employer
42 822
-
115 898
-
health
2 998
-
9 867
-
pensions
7 035
-
12 479
-
unemployment
1 734
-
4 694
-
social contributions
129
-
347
-
other
1 477
-
4 212
-
total
13 373
-
31 599
-
Corporate
91 306
147 500
-
-
income
25 566
41 301
-
-
surtax
-
-
-
-
total
25 566
41 301
-
-
Dividends
65 739
106 199
-
-
surtax
-
-
-
-
social contributions
11 307
18 268
-
-
withholding
8 415
13 593
-
-
total
19 722
31 861
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 251
73 162
63 224
63 914
After tax
80 249
74 338
84 276
83 586
Living cost
34 232
34 232
34 232
34 232
Free-cash
46 017
40 106
50 044
49 354

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽43498
₽53436
₽52746
₽49059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
20 758
other
-
-
-
4 572
surtax
-
-
-
-
social contributions
-
-
-
4 204
health
-
-
-
5 339
pensions
-
-
-
29 041
total
-
-
-
63 914
Employee
38 224
-
115 898
-
pensions
4 323
-
7 337
-
surtax
-
-
-
-
social contributions
1 090
-
3 302
-
income
1 971
-
20 986
-
total
7 384
-
31 625
-
Employer
38 224
-
115 898
-
health
2 675
-
9 867
-
pensions
6 281
-
12 479
-
unemployment
1 547
-
4 694
-
social contributions
114
-
347
-
other
1 320
-
4 212
-
total
11 937
-
31 599
-
Corporate
97 338
147 500
-
-
income
27 254
41 301
-
-
surtax
-
-
-
-
total
27 254
41 301
-
-
Dividends
70 084
106 199
-
-
surtax
-
-
-
-
social contributions
12 055
18 268
-
-
withholding
8 971
13 593
-
-
total
21 026
31 861
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 601
73 162
63 224
63 914
After tax
79 899
74 338
84 276
83 586
Living cost
30 840
30 840
30 840
30 840
Free-cash
49 059
43 498
53 436
52 746

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽68773
₽71312
₽73509
₽69292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
22 126
social contributions
-
-
-
20 354
health
-
-
-
10 295
total
-
-
-
52 775
Employee
33 924
-
147 500
-
social contributions
4 682
-
20 354
-
income
5 658
-
24 323
-
health
2 368
-
10 295
-
total
12 708
-
54 972
-
Employer
33 924
-
147 500
-
total
-
-
-
-
Corporate
113 576
147 500
-
-
income

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

5 679
7 375
-
-
total
5 679
7 375
-
-
Dividends
107 897
140 125
-
-
social contributions
14 890
19 337
-
-
withholding
16 185
21 019
-
-
health
7 530
9 780
-
-
total
38 605
50 136
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 992
57 511
54 972
52 775
After tax
90 508
89 989
92 528
94 725
Living cost
21 216
21 216
21 216
21 216
Free-cash
69 292
68 773
71 312
73 509

Estimated living cost  is ₽21216 per week

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

Source of data for Vilnius model

Close
Vienna , Austria
₽46633
₽3392
₽40180
₽45086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
34 574
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
591
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
72 065
Employee
50 003
39 873
114 383
-
other
499
399
1 143
-
unemployment
1 500
1 196
3 431
-
pensions
5 121
4 082
11 713
-
income
5 692
2 941
27 380
-
health
1 935
1 544
4 426
-
total
14 747
10 162
48 093
-
Employer
50 003
39 873
114 383
-
chamber of commerce
199
159
458
-
health
1 889
1 508
4 323
-
pensions
6 275
5 005
14 354
-
accident
649
518
1 487
-
unemployment
1 500
1 196
3 431
-
surtax
197
197
197
-
payroll
1 500
1 196
3 431
-
other
2 375
1 893
5 432
-
total
14 584
11 672
33 113
-
Corporate
82 911
95 954
110 589
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

20 728
23 988
27 647
-
total
20 728
23 988
27 647
-
Dividends
62 183
71 965
-
-
withholding
17 100
19 790
-
-
total
17 100
19 790
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 159
65 612
108 853
72 065
After tax
80 341
81 888
38 647
75 435
Living cost
35 255
35 255
35 255
35 255
Free-cash
45 086
46 633
3 392
40 180

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽46069
₽17053
₽28100
₽31063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
communal

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

-
-
-
7 466
social contributions
-
-
-
23 083
national
-
-
-
52 370
total
-
-
-
82 919
Employee

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

71 569
-
114 242
-
unemployment

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

623
-
993
-
communal

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

3 733
-
5 958
-
pensions

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

5 368
-
8 569
-
national
22 003
-
39 818
-
health

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

3 363
-
5 370
-
total
35 090
-
60 708
-
Employer

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

71 569
-
114 242
-
health

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

4 401
-
7 025
-
pensions

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

6 342
-
10 122
-
accident

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

930
-
1 487
-
unemployment

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

1 044
-
1 667
-
surtax
8 115
-
12 957
-
total
20 832
-
33 258
-
Corporate
55 098
147 500
-
-
income
11 020
29 500
-
-
surtax
220
591
-
-
total
11 240
30 091
-
-
Dividends
43 857
117 409
-
-
withholding

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

12 794
34 859
-
-
total
12 794
34 859
-
-
Income
147 500
147 500
147 500
147 500
Total tax
79 956
64 950
93 966
82 919
After tax
67 544
82 550
53 534
64 581
Living cost
36 481
36 481
36 481
36 481
Free-cash
31 063
46 069
17 053
28 100

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽62531
₽42617
₽46965
₽55170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
835
income
-
-
-
36 580
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
64 401
Employee
49 805
-
117 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
33 295
-
total
13 671
-
39 184
-
Employer
49 805
-
117 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
81 820
147 500
-
-
income

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

12 273
22 126
-
-
total
12 273
22 126
-
-
Dividends
69 547
125 374
-
-
withholding
14 377
26 709
-
-
total
14 377
26 709
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 196
48 835
68 749
64 401
After tax
91 304
98 665
78 751
83 099
Living cost
36 134
36 134
36 134
36 134
Free-cash
55 170
62 531
42 617
46 965

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽33478
₽27651
₽21768
₽22197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
communal
-
-
-
9 323
accident
-
-
-
1 244
income
-
-
-
21 007
surtax
-
-
-
7 312
health
-
-
-
10 363
pensions
-
-
-
22 109
total
-
-
-
71 358
Employee
75 770
-
131 756
-
pensions
6 061
-
10 540
-
surtax
4 644
-
8 075
-
income
7 319
-
25 254
-
health
3 372
-
5 861
-
total
21 396
-
49 730
-
Employer
75 770
-
131 756
-
health
2 311
-
4 018
-
pensions
6 061
-
10 540
-
accident
682
-
1 187
-
total
9 054
-
15 745
-
Corporate
62 677
147 500
-
-
communal
4 230
9 957
-
-
income
9 401
22 126
-
-
surtax
659
1 549
-
-
total
14 290
33 632
-
-
Dividends
48 387
113 868
-
-
income
18 930
8 935
-
-
withholding
7 259
17 081
-
-
total
26 189
26 016
-
-
Income
147 500
147 500
147 500
147 500
Total tax
70 929
59 648
65 475
71 358
After tax
76 571
87 852
82 025
76 142
Living cost
54 374
54 374
54 374
54 374
Free-cash
22 197
33 478
27 651
21 768

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽70304
₽43269
₽47522
₽67122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
35 937
other
-
-
-
-
surtax
-
-
-
5 153
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
77 505
Employee
33 695
-
121 850
-
other
-
-
-
-
unemployment
2 345
-
8 482
-
pensions
2 248
-
8 127
-
surtax
120
-
4 481
-
income
5 649
-
31 910
-
health
860
-
3 108
-
total
11 222
-
56 108
-
Employer
33 695
-
121 850
-
health
1 532
-
5 544
-
pensions
4 492
-
16 244
-
unemployment
1 069
-
3 862
-
other
-
-
-
-
total
7 093
-
25 650
-
Corporate
106 712
147 500
-
-
income
27 746
38 350
-
-
total
27 746
38 350
-
-
Dividends
78 966
109 150
-
-
withholding
11 844
16 373
-
-
total
11 844
16 373
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 905
54 723
81 758
77 505
After tax
89 595
92 777
65 742
69 995
Living cost
22 473
22 473
22 473
22 473
Free-cash
67 122
70 304
43 269
47 522

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽50576
₽37881
₽44709
₽48356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
37 936
regional
-
-
-
2 224
municipal
-
-
-
877
national
-
-
-
34 802
total
-
-
-
75 839
Employee
55 502
-
147 500
-
municipal
294
-
782
-
national
8 793
-
30 163
-
regional
747
-
1 985
-
social contributions
18 716
-
49 737
-
total
28 550
-
82 667
-
Employer
55 502
-
147 500
-
total
-
-
-
-
Corporate
91 998
147 500
-
-
municipal
4 572
7 331
-
-
nationa
22 080
35 400
-
-
total
26 652
42 731
-
-
Dividends
65 346
104 769
-
-
withholding
16 990
27 241
-
-
total
16 990
27 241
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 192
69 972
82 667
75 839
After tax
75 308
77 528
64 833
71 661
Living cost
26 952
26 952
26 952
26 952
Free-cash
48 356
50 576
37 881
44 709

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽70920
₽44216
₽47409
₽59990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
13 772
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
19 912
total
-
-
-
69 457
Employee
45 050
-
110 075
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
7 155
-
income
5 406
-
13 209
-
health
6 082
-
14 860
-
total
14 416
-
35 224
-
Employer
45 050
-
110 075
-
health
4 055
-
9 907
-
social contributions
11 263
-
27 519
-
total
15 318
-
37 426
-
Corporate
87 132
147 500
-
-
income
16 555
28 025
-
-
total
16 555
28 025
-
-
Dividends
70 577
119 475
-
-
withholding
10 587
17 921
-
-
total
10 587
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 876
45 946
72 650
69 457
After tax
90 624
101 554
74 850
78 043
Living cost
30 634
30 634
30 634
30 634
Free-cash
59 990
70 920
44 216
47 409

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽50074
₽6756
₽43711
₽49577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
34 574
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
591
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
71 868
Employee
43 737
39 873
114 534
-
other
437
399
1 145
-
unemployment
1 312
1 196
3 437
-
pensions
4 479
4 082
11 728
-
income
3 896
2 941
27 431
-
health
1 692
1 544
4 432
-
total
11 816
10 162
48 173
-
Employer
43 737
39 873
114 534
-
chamber of commerce
175
159
458
-
health
1 654
1 508
4 329
-
pensions
5 489
5 005
14 373
-
accident
568
518
1 489
-
unemployment
1 312
1 196
3 437
-
surtax
-
-
-
-
payroll
1 312
1 196
3 437
-
other
2 077
1 893
5 442
-
total
12 587
11 475
32 965
-
Corporate
91 177
96 151
110 739
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

22 794
24 038
27 685
-
total
22 794
24 038
27 685
-
Dividends
68 383
72 113
-
-
withholding
18 805
19 830
-
-
total
18 805
19 830
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 002
65 505
108 823
71 868
After tax
81 498
81 995
38 677
75 632
Living cost
31 921
31 921
31 921
31 921
Free-cash
49 577
50 074
6 756
43 711

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽127557
₽105432
₽133457
₽125200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
147 500
microenterprise

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

-
-
-
1 475
total
-
-
-
1 475
Employee
15 710
-
147 500
-
income
3 142
-
29 500
-
total
3 142
-
29 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

131 790
147 500
-
-
total
-
-
-
-
Dividends
131 790
147 500
-
-
withholding
6 590
7 375
-
-
total
6 590
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
9 732
7 375
29 500
1 475
After tax
137 768
140 125
118 000
146 025
Living cost
12 568
12 568
12 568
12 568
Free-cash
125 200
127 557
105 432
133 457

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽74716
₽42756
₽46659
₽66347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income
-
-
-
32 329
unemployment
-
-
-
222
health
-
-
-
14 516
pensions
-
-
-
26 937
total
-
-
-
74 004
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 244
-
127 628
-
unemployment
63
-
178
-
pensions
6 858
-
19 783
-
income
7 630
-
29 832
-
health
2 858
-
8 244
-
total
17 409
-
58 037
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 244
-
127 628
-
health
2 947
-
8 499
-
pensions
3 915
-
11 295
-
unemployment
27
-
76
-
total
6 889
-
19 870
-
Corporate
96 367
147 500
-
-
income
18 309
28 025
-
-
total
18 309
28 025
-
-
Dividends
78 058
119 475
-
-
withholding
11 709
17 922
-
-
total
11 709
17 922
-
-
Income
147 500
147 500
147 500
147 500
Total tax
54 316
45 947
77 907
74 004
After tax
93 184
101 553
69 593
73 496
Living cost
26 837
26 837
26 837
26 837
Free-cash
66 347
74 716
42 756
46 659

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽45928
₽90332
₽58123
-₽3892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
28 751
social contributions
-
-
-
16 815
total
-
-
-
45 566
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
-
147 500
-
-
income
-
32 450
-
-
total
-
32 450
-
-
Dividends
-
115 050
-
-
income
-
25 311
-
-
total
-
25 311
-
-
Income
147 500
147 500
147 500
147 500
Total tax
107 581
57 761
13 357
45 566
After tax
39 919
89 739
134 143
101 934
Living cost
43 811
43 811
43 811
43 811
Free-cash
-3 892
45 928
90 332
58 123

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽52512
₽38271
₽48605
₽51506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income
-
-
-
16 255
surtax
-
-
-
-
social contributions

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

-
-
-
51 256
total
-
-
-
67 511
Employee
46 017
-
119 192
-
surtax
-
-
-
-
social contributions
5 062
-
13 111
-
income
9 572
-
36 426
-
total
14 634
-
49 537
-
Employer
46 017
-
119 192
-
social contributions
10 929
-
28 308
-
total
10 929
-
28 308
-
Corporate
90 554
147 500
-
-
income
19 016
30 976
-
-
surtax
-
-
-
-
total
19 016
30 976
-
-
Dividends
71 538
116 524
-
-
withholding
20 031
32 628
-
-
total
20 031
32 628
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 610
63 604
77 845
67 511
After tax
82 890
83 896
69 655
79 989
Living cost
31 384
31 384
31 384
31 384
Free-cash
51 506
52 512
38 271
48 605

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽26013
₽35951
₽35261
₽32890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
20 758
other
-
-
-
4 572
surtax
-
-
-
-
social contributions
-
-
-
4 204
health
-
-
-
5 339
pensions
-
-
-
29 041
total
-
-
-
63 914
Employee
62 666
-
115 898
-
pensions
7 088
-
7 337
-
surtax
-
-
-
-
social contributions
1 785
-
3 302
-
income
5 468
-
20 986
-
total
14 341
-
31 625
-
Employer
62 666
-
115 898
-
health
4 386
-
9 867
-
pensions
10 297
-
12 479
-
unemployment
2 539
-
4 694
-
social contributions
188
-
347
-
other
2 163
-
4 212
-
total
19 573
-
31 599
-
Corporate
65 262
147 500
-
-
income
18 273
41 301
-
-
surtax
-
-
-
-
total
18 273
41 301
-
-
Dividends
46 989
106 199
-
-
surtax
-
-
-
-
social contributions
8 083
18 268
-
-
withholding
6 015
13 593
-
-
total
14 098
31 861
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 285
73 162
63 224
63 914
After tax
81 215
74 338
84 276
83 586
Living cost
48 325
48 325
48 325
48 325
Free-cash
32 890
26 013
35 951
35 261

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽102675
₽83464
₽79547
₽99313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
5 428
social contributions
-
-
-
32 449
total
-
-
-
37 877
Employee
32 166
-
127 706
-
income
-
-
5 865
-
social contributions
2 090
-
8 301
-
total
2 090
-
14 166
-
Employer
32 166
-
127 706
-
social contributions
4 986
-
19 794
-
total
4 986
-
19 794
-
Corporate
110 348
147 500
-
-
income
11 035
14 749
-
-
total
11 035
14 749
-
-
Dividends
99 312
132 751
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
18 111
14 749
33 960
37 877
After tax
129 389
132 751
113 540
109 623
Living cost
30 076
30 076
30 076
30 076
Free-cash
99 313
102 675
83 464
79 547

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽70383
-₽70383
₽40486
-₽70383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
labour market
-
-
-
11 731
municipal
-
-
-
29 874
national
-
-
-
16 381
pensions
-
-
-
867
total
-
-
-
58 853
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
169 722
169 722
169 722
58 853
After tax
-22 222
-22 222
-22 222
88 647
Living cost
48 161
48 161
48 161
48 161
Free-cash
-70 383
-70 383
-70 383
40 486

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽10025
₽57054
₽78970
₽8578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
256
income
-
-
-
39 496
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
46 557
Employee
34 565
-
130 937
-
pensions
3 892
-
7 734
-
income
4 742
-
29 183
-
health
3 958
-
14 992
-
total
12 592
-
51 909
-
Employer
34 565
-
130 937
-
pensions
5 620
-
11 169
-
accident
577
-
2 187
-
unemployment
847
-
3 208
-
total
7 044
-
16 564
-
Corporate
105 890
147 500
-
-
income

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

95 301
132 750
-
-
total
95 301
132 750
-
-
Dividends
10 589
14 750
-
-
withholding
2 012
2 802
-
-
total
2 012
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
116 949
135 552
68 473
46 557
After tax
30 551
11 948
79 027
100 943
Living cost
21 973
21 973
21 973
21 973
Free-cash
8 578
-10 025
57 054
78 970

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽55798
₽40792
₽60900
₽57622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
147 500
health
-
-
-
1 853
municipal
-
-
-
26 216
national
-
-
-
20 117
total
-
-
-
48 186
Employee
52 641
-
124 085
-
municipal
8 622
-
20 223
-
unemployment
790
-
1 861
-
pensions
3 553
-
8 375
-
national
870
-
12 928
-
health
393
-
1 492
-
total
14 228
-
44 879
-
Employer
52 641
-
124 085
-
health
404
-
955
-
pensions
9 133
-
21 530
-
accident
53
-
123
-
unemployment
342
-
807
-
total
9 932
-
23 415
-
Corporate
84 927
147 500
-
-
income
16 986
29 500
-
-
total
16 986
29 500
-
-
Dividends

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

50 956
88 500
-
-
municipal
9 173
15 930
-
-
national
1 145
7 858
-
-
total
10 318
23 788
-
-
Income
147 500
147 500
147 500
147 500
Total tax
51 464
53 288
68 294
48 186
After tax
96 036
94 212
79 206
99 314
Living cost
38 414
38 414
38 414
38 414
Free-cash
57 622
55 798
40 792
60 900

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽84533
₽77714
₽79091
₽79087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
25 295
social contributions
-
-
-
16 188
health
-
-
-
3 761
total
-
-
-
45 244
Employee
76 937
76 937
136 364
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
24 554
-
health
596
1 308
2 318
-
total
11 882
14 815
35 485
-
Employer
76 937
76 937
136 364
-
health
647
1 424
2 523
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
11 136
-
Corporate
108 896
62 754
-
-
income
13 612
7 844
-
-
total
13 612
7 844
-
-
Dividends
95 284
54 910
-
-
withholding
16 198
9 334
-
-
total
16 198
9 334
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 248
39 802
46 621
45 244
After tax
102 252
107 698
100 879
102 256
Living cost
23 165
23 165
23 165
23 165
Free-cash
79 087
84 533
77 714
79 091

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽106258
₽86762
₽106830
₽101169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
147 500
income
-
-
-
14 770
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
24 784
Employee

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

22 966
-
137 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
12 289
-
health
1 952
-
8 070
-
total
7 080
-
35 074
-
Employer

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

22 966
-
137 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
122 170
147 500
-
-
income
10 995
13 276
-
-
total
10 995
13 276
-
-
Dividends
111 175
134 224
-
-
withholding
10 006
12 080
-
-
total
10 006
12 080
-
-
Income
147 500
147 500
147 500
147 500
Total tax
30 445
25 356
44 852
24 784
After tax
117 055
122 144
102 648
122 716
Living cost
15 886
15 886
15 886
15 886
Free-cash
101 169
106 258
86 762
106 830

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽71151
₽51237
₽55585
₽66513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
835
income
-
-
-
36 580
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
64 401
Employee
36 996
-
117 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
33 295
-
total
9 481
-
39 184
-
Employer
36 996
-
117 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
98 709
147 500
-
-
income

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

14 806
22 126
-
-
total
14 806
22 126
-
-
Dividends
83 903
125 374
-
-
withholding
17 392
26 709
-
-
total
17 392
26 709
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 473
48 835
68 749
64 401
After tax
94 027
98 665
78 751
83 099
Living cost
27 514
27 514
27 514
27 514
Free-cash
66 513
71 151
51 237
55 585

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽90100
₽92658
₽92796
₽89781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
50 323
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
52 764
Employee
2 954
-
145 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
50 249
-
health
148
-
354
-
total
1 015
-
51 311
-
Employer
2 954
-
145 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
143 881
147 500
-
-
income
31 654
32 450
-
-
total
31 654
32 450
-
-
Dividends
112 227
115 050
-
-
withholding
22 445
23 010
-
-
total
22 445
23 010
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 779
55 460
52 902
52 764
After tax
91 721
92 040
94 598
94 736
Living cost
1 940
1 940
1 940
1 940
Free-cash
89 781
90 100
92 658
92 796

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽89267
₽69553
₽69554
₽84343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income
-
-
-
32 696
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
60 644
Employee

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

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

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

26 090
-
134 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
32 696
-
health
1 344
-
3 808
-
total
8 789
-
47 410
-
Employer

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

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

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

26 090
-
134 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
116 740
147 500
-
-
income
17 511
22 125
-
-
total
17 511
22 125
-
-
Dividends
99 229
125 375
-
-
withholding
14 884
18 806
-
-
total
14 884
18 806
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 855
40 931
60 645
60 644
After tax
101 645
106 569
86 855
86 856
Living cost
17 302
17 302
17 302
17 302
Free-cash
84 343
89 267
69 553
69 554

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽56922
₽42681
₽53015
₽56563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income
-
-
-
16 255
surtax
-
-
-
-
social contributions

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

-
-
-
51 256
total
-
-
-
67 511
Employee
38 833
-
119 192
-
surtax
-
-
-
-
social contributions
4 272
-
13 111
-
income
7 588
-
36 426
-
total
11 860
-
49 537
-
Employer
38 833
-
119 192
-
social contributions
9 222
-
28 308
-
total
9 222
-
28 308
-
Corporate
99 445
147 500
-
-
income
20 884
30 976
-
-
surtax
-
-
-
-
total
20 884
30 976
-
-
Dividends
78 561
116 524
-
-
withholding
21 997
32 628
-
-
total
21 997
32 628
-
-
Income
147 500
147 500
147 500
147 500
Total tax
63 963
63 604
77 845
67 511
After tax
83 537
83 896
69 655
79 989
Living cost
26 974
26 974
26 974
26 974
Free-cash
56 563
56 922
42 681
53 015

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽63502
₽43588
₽47936
₽56480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
835
income
-
-
-
36 580
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
64 401
Employee
48 322
-
117 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
33 295
-
total
13 159
-
39 184
-
Employer
48 322
-
117 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
83 772
147 500
-
-
income

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

12 566
22 126
-
-
total
12 566
22 126
-
-
Dividends
71 206
125 374
-
-
withholding
14 726
26 709
-
-
total
14 726
26 709
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 857
48 835
68 749
64 401
After tax
91 643
98 665
78 751
83 099
Living cost
35 164
35 164
35 164
35 164
Free-cash
56 480
63 502
43 588
47 936

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽108907
₽104316
₽98841
₽102812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
22 125
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
31 454
Employee
22 782
-
140 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
14 065
-
health
1 048
-
1 607
-
total
5 577
-
19 124
-
Employer
22 782
-
140 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
120 248
147 500
-
-
income
12 025
14 750
-
-
total
12 025
14 750
-
-
Dividends
108 223
132 750
-
-
withholding
5 411
6 638
-
-
total
5 411
6 638
-
-
Income
147 500
147 500
147 500
147 500
Total tax
27 483
21 388
25 979
31 454
After tax
120 017
126 112
121 521
116 046
Living cost
17 205
17 205
17 205
17 205
Free-cash
102 812
108 907
104 316
98 841

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽37328
₽57299
₽42808
₽50419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income

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

-
-
-
42 406
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.

-
-
-
2 332
health

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

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

-
-
-
6 835
trade
-
-
-
14 491
total
-
-
-
66 064
Employee

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

49 783
-
147 500
-
surtax

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

226
-
2 332
-
income

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

4 094
-
42 406
-
health

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

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

6 835
-
6 835
-
total
11 155
-
51 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 717
147 500
-
-
income
14 658
22 126
-
-
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.

807
1 217
-
-
chamber of commerce
294
368
-
-
trade
14 022
21 167
-
-
total
29 781
44 878
-
-
Dividends
67 935
102 622
-
-
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.

913
1 390
-
-
withholding
16 604
25 276
-
-
total
17 517
26 666
-
-
Income
147 500
147 500
147 500
147 500
Total tax
58 453
71 544
51 573
66 064
After tax
89 047
75 956
95 927
81 436
Living cost
38 628
38 628
38 628
38 628
Free-cash
50 419
37 328
57 299
42 808

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽46255
₽24099
₽24099
₽48465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
42 463
social contributions
-
-
-
23 943
total
-
-
-
66 406
Employee
78 265
-
147 500
-
income
14 768
-
42 463
-
social contributions
6 502
-
23 943
-
total
21 270
-
66 406
-
Employer
78 265
-
147 500
-
total
-
-
-
-
Corporate
69 235
147 500
-
-
income
8 654
18 437
-
-
total
8 654
18 437
-
-
Dividends
60 581
129 063
-
-
withholding
12 116
25 813
-
-
total
12 116
25 813
-
-
Income
147 500
147 500
147 500
147 500
Total tax
42 040
44 250
66 406
66 406
After tax
105 460
103 250
81 094
81 094
Living cost
56 995
56 995
56 995
56 995
Free-cash
48 465
46 255
24 099
24 099

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽54270
₽70309
₽76680
₽57765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
142 898
-
income
4 980
-
31 667
-
social contributions
4 599
-
4 602
-
total
9 579
-
36 269
-
Employer
45 899
-
142 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
97 002
147 500
-
-
income
33 951
51 624
-
-
total
33 951
51 624
-
-
Dividends
63 051
95 876
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 415
56 910
40 871
34 500
After tax
94 085
90 590
106 629
113 000
Living cost
36 320
36 320
36 320
36 320
Free-cash
57 765
54 270
70 309
76 680

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽62646
₽49515
₽63016
₽68082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 267
pensions
-
-
-
8 379
total
-
-
-
47 646
Employee
50 566
-
129 101
-
pensions
3 859
-
10 504
-
income
9 208
-
30 266
-
health
660
-
1 977
-
total
13 727
-
42 747
-
Employer
50 566
-
129 101
-
health
961
-
2 453
-
pensions
5 109
-
15 947
-
total
6 070
-
18 400
-
Corporate
90 864
147 500
-
-
income

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

17 264
28 025
-
-
total
17 264
28 025
-
-
Dividends
73 601
119 475
-
-
withholding
5 519
19 991
-
-
total
5 519
19 991
-
-
Income
147 500
147 500
147 500
147 500
Total tax
42 580
48 016
61 147
47 646
After tax
104 920
99 484
86 353
99 854
Living cost
36 838
36 838
36 838
36 838
Free-cash
68 082
62 646
49 515
63 016

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽12201
₽54878
₽76794
₽8244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
256
income
-
-
-
39 496
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
46 557
Employee
37 987
-
130 937
-
pensions
4 277
-
7 734
-
income
5 211
-
29 183
-
health
4 349
-
14 992
-
total
13 837
-
51 909
-
Employer
37 987
-
130 937
-
pensions
6 176
-
11 169
-
accident
634
-
2 187
-
unemployment
931
-
3 208
-
total
7 741
-
16 564
-
Corporate
101 772
147 500
-
-
income

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

91 595
132 750
-
-
total
91 595
132 750
-
-
Dividends
10 177
14 750
-
-
withholding
1 934
2 802
-
-
total
1 934
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
115 107
135 552
68 473
46 557
After tax
32 393
11 948
79 027
100 943
Living cost
24 149
24 149
24 149
24 149
Free-cash
8 244
-12 201
54 878
76 794

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽110607
₽88101
₽69538
₽105926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
147 500
income
-
-
-
23 885
unemployment
-
-
-
1 770
work injury
-
-
-
738
health insurance
-
-
-
10 915
pensions
-
-
-
27 140
total
-
-
-
64 448
Employee

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

21 623
-
147 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
23 885
-
total
8 108
-
45 885
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 877
147 500
-
-
income

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

1 259
1 475
-
-
total
1 259
1 475
-
-
Dividends
124 618
146 025
-
-
withholding
18 693
21 904
-
-
total
18 693
21 904
-
-
Income
147 500
147 500
147 500
147 500
Total tax
28 060
23 379
45 885
64 448
After tax
119 440
124 121
101 615
83 052
Living cost
13 514
13 514
13 514
13 514
Free-cash
105 926
110 607
88 101
69 538

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽37834
₽23943
₽30572
₽33282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
37 936
regional
-
-
-
3 346
municipal
-
-
-
985
national
-
-
-
34 802
total
-
-
-
77 069
Employee
84 312
-
147 500
-
municipal
503
-
879
-
national
14 248
-
30 163
-
regional
1 273
-
2 919
-
social contributions
28 430
-
49 737
-
total
44 454
-
83 698
-
Employer
84 312
-
147 500
-
total
-
-
-
-
Corporate
63 188
147 500
-
-
municipal
3 046
7 109
-
-
nationa
15 165
35 400
-
-
total
18 211
42 509
-
-
Dividends
44 977
104 991
-
-
withholding
11 694
27 298
-
-
total
11 694
27 298
-
-
Income
147 500
147 500
147 500
147 500
Total tax
74 359
69 807
83 698
77 069
After tax
73 141
77 693
63 802
70 431
Living cost
39 859
39 859
39 859
39 859
Free-cash
33 282
37 834
23 943
30 572

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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