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
₽50132
₽45493
₽56057
₽66368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 236
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.

-
-
-
6 526
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.

-
-
-
2 380
income

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

-
-
-
43 290
total
-
-
-
68 432
Employee

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

36 539
-
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.

56
-
2 380
-
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.

1 021
-
43 290
-
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.

6 526
-
6 526
-
total
7 603
-
52 196
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 961
147 500
-
-
trade
17 476
23 230
-
-
income
16 644
22 125
-
-
chamber of commerce
305
357
-
-
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.

916
1 216
-
-
total
35 341
46 928
-
-
Dividends
75 620
100 571
-
-
withholding
18 542
24 780
-
-
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.

1 021
1 363
-
-
total
19 563
26 143
-
-
Income
147 500
147 500
147 500
147 500
Total tax
62 507
73 071
52 196
68 432
After tax
84 993
74 429
95 304
79 068
Living cost
28 936
28 936
28 936
28 936
Free-cash
56 057
45 493
66 368
50 132

Estimated living cost  is ₽28936 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36603
₽41093
₽40246
₽37761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
15 949
pensions
-
-
-
17 700
social contributions
-
-
-
1 586
national
-
-
-
24 715
total
-
-
-
59 950
Employee
78 977
-
127 512
-
municipal
9 755
-
16 520
-
national
15 116
-
25 600
-
pensions
3 159
-
5 100
-
total
28 030
-
47 220
-
Employer
78 977
-
127 512
-
pensions
6 318
-
10 201
-
social contributions
849
-
1 371
-
total
7 167
-
11 572
-
Corporate
56 143
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%.

11 229
29 500
-
-
total
11 229
29 500
-
-
Dividends
44 914
118 000
-
-
withholding
9 881
25 960
-
-
total
9 881
25 960
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 307
55 460
58 792
59 950
After tax
91 193
92 040
88 708
87 550
Living cost
50 947
50 947
50 947
50 947
Free-cash
40 246
41 093
37 761
36 603

Estimated living cost  is ₽50947 per week

₽34628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28992
₽98126
₽90289
₽69444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 602
income
-
-
-
24 419
microenterprise
-
-
-
-
total
-
-
-
98 633
Employee
27 915
-
106 674
-
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.

3 071
-
11 735
-
surtax
-
-
-
-
income
4 969
-
20 748
-
total
8 040
-
32 483
-
Employer
27 915
-
106 674
-
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.

6 724
-
25 698
-
total
6 724
-
25 698
-
Corporate
112 861
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%.

22 572
29 499
-
-
total
22 572
29 499
-
-
Dividends

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

90 289
118 001
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
37 336
29 499
58 181
98 633
After tax
110 164
118 001
89 319
48 867
Living cost
19 875
19 875
19 875
19 875
Free-cash
90 289
98 126
69 444
28 992

Estimated living cost  is ₽19875 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42858
₽32697
₽26844
₽49879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 193
health
-
-
-
11 780
income
-
-
-
41 649
total
-
-
-
64 622
Employee
81 580
81 580
129 746
-
pensions
14 684
11 193
11 193
-
income

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

13 353
13 353
16 874
-
health
12 522
10 651
11 780
-
total
40 559
35 197
39 847
-
Employer
81 580
81 580
129 746
-
pensions
5 678
5 678
7 058
-
unemployment
2 937
2 937
3 649
-
health
5 671
5 671
7 047
-
total
14 286
14 286
17 754
-
Corporate
52 635
51 634
-
-
income
10 527
10 326
-
-
total
10 527
10 326
-
-
Dividends
42 108
41 308
-
-
withholding
6 316
6 196
-
-
income
8 948
8 778
-
-
total
15 264
14 974
-
-
Income
147 500
147 500
147 500
147 500
Total tax
80 636
74 783
57 601
64 622
After tax
66 864
72 717
89 899
82 878
Living cost
40 020
40 020
40 020
40 020
Free-cash
26 844
32 697
49 879
42 858

Estimated living cost  is ₽40020 per week

₽28361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3608
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.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37946
₽41099
₽40215
₽36988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
36 518
pensions
-
-
-
9 343
health
-
-
-
5 393
other
-
-
-
10 043
unemployment
-
-
-
86
accident
-
-
-
173
national
-
-
-
8 562
total
-
-
-
70 118
Employee
56 193
-
120 344
-
municipal
16 757
-
35 887
-
national
-
-
8 033
-
total
16 757
-
43 920
-
Employer
56 193
-
120 344
-
pensions
6 074
-
9 343
-
other
6 530
-
10 043
-
unemployment
1 483
-
2 282
-
accident
112
-
173
-
health
3 456
-
5 315
-
total
17 655
-
27 156
-
Corporate
73 652
147 500
-
-
income
16 203
32 450
-
-
total
16 203
32 450
-
-
Dividends
57 448
115 050
-
-
withholding
17 234
34 515
-
-
total
17 234
34 515
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 849
66 965
71 076
70 118
After tax
79 651
80 535
76 424
77 382
Living cost
39 436
39 436
39 436
39 436
Free-cash
40 215
41 099
36 988
37 946

Estimated living cost  is ₽39436 per week

₽26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40817
₽36141
₽49564
₽57775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 958
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.

-
-
-
6 526
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.

-
-
-
2 380
income

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

-
-
-
43 290
total
-
-
-
69 154
Employee

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

48 446
-
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.

228
-
2 380
-
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.

4 162
-
43 290
-
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.

6 526
-
6 526
-
total
10 916
-
52 196
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 054
147 500
-
-
trade
16 294
24 264
-
-
income
14 858
22 125
-
-
chamber of commerce
286
355
-
-
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.

818
1 216
-
-
total
32 256
47 960
-
-
Dividends
66 797
99 540
-
-
withholding
16 336
24 521
-
-
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.

899
1 349
-
-
total
17 235
25 870
-
-
Income
147 500
147 500
147 500
147 500
Total tax
60 407
73 830
52 196
69 154
After tax
87 093
73 670
95 304
78 346
Living cost
37 529
37 529
37 529
37 529
Free-cash
49 564
36 141
57 775
40 817

Estimated living cost  is ₽37529 per week

₽25100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
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.
₽7911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70870
₽76684
₽72722
₽69519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 762
social contributions
-
-
-
15 457
income
-
-
-
26 425
total
-
-
-
45 644
Employee
73 459
73 459
136 748
-
social contributions
3 570
6 097
8 223
-
income
7 714
6 800
25 696
-
health
731
1 249
2 324
-
total
12 015
14 146
36 243
-
Employer
73 459
73 459
136 748
-
social contributions
3 570
6 097
8 223
-
health
796
1 360
2 529
-
total
4 366
7 457
10 752
-
Corporate
100 135
66 584
-
-
income
12 516
8 323
-
-
total
12 516
8 323
-
-
Dividends
87 619
58 261
-
-
withholding
14 895
9 904
-
-
total
14 895
9 904
-
-
Income
147 500
147 500
147 500
147 500
Total tax
43 792
39 830
46 995
45 644
After tax
103 708
107 670
100 505
101 856
Living cost
30 986
30 986
30 986
30 986
Free-cash
72 722
76 684
69 519
70 870

Estimated living cost  is ₽30986 per week

₽21182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
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.
₽6864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84651
₽65376
₽65741
₽67979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
14 750
health
-
-
-
10 325
unemployment
-
-
-
2 213
income
-
-
-
18 032
total
-
-
-
45 320
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.

25 303
10 070
123 431
-
pensions
2 530
1 007
12 343
-
unemployment
380
151
1 851
-
income
3 093
1 231
15 089
-
health
1 771
705
8 640
-
total
7 774
3 094
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.

25 303
10 070
123 431
-
pensions
4 934
1 964
24 069
-
total
4 934
1 964
24 069
-
Corporate
117 262
135 466
-
-
income
10 554
12 192
-
-
total
10 554
12 192
-
-
Dividends
106 709
123 274
-
-
withholding
20 275
23 422
-
-
social contributions
20 693
23 923
-
-
total
40 968
47 345
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 230
64 595
61 992
45 320
After tax
83 270
82 905
85 508
102 180
Living cost
17 529
17 529
17 529
17 529
Free-cash
65 741
65 376
67 979
84 651

Estimated living cost  is ₽17529 per week

₽11962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55986
₽94927
₽88991
₽61945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
29 499
health
-
-
-
19 175
income
-
-
-
19 766
total
-
-
-
68 440
Employee
27 101
-
110 240
-
pensions
542
-
2 204
-
unemployment
433
-
1 764
-
income
3 051
-
21 254
-
total
4 026
-
25 222
-
Employer
27 101
-
110 240
-
pensions
5 421
-
22 047
-
unemployment
218
-
881
-
health
3 522
-
14 331
-
total
9 161
-
37 259
-
Corporate
111 239
147 500
-
-
income
22 248
29 499
-
-
total
22 248
29 499
-
-
Dividends
88 991
118 001
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
35 435
29 499
62 481
68 440
After tax
112 065
118 001
85 019
79 060
Living cost
23 074
23 074
23 074
23 074
Free-cash
88 991
94 927
61 945
55 986

Estimated living cost  is ₽23074 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79519
-₽9451
₽8664
₽57882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 047
health
-
-
-
2 121
other
-
-
-
360
accident
-
-
-
246
income
-
-
-
39 808
total
-
-
-
46 582
Employee
33 661
-
131 372
-
pensions
3 790
-
7 421
-
income
4 618
-
29 627
-
health
3 854
-
15 042
-
total
12 262
-
52 090
-
Employer
33 661
-
131 372
-
pensions
5 474
-
10 716
-
unemployment
825
-
3 219
-
accident
562
-
2 194
-
total
6 861
-
16 129
-
Corporate
106 979
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.

96 281
132 750
-
-
total
96 281
132 750
-
-
Dividends
10 698
14 750
-
-
withholding
2 033
2 802
-
-
total
2 033
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
117 437
135 552
68 219
46 582
After tax
30 063
11 948
79 281
100 918
Living cost
21 399
21 399
21 399
21 399
Free-cash
8 664
-9 451
57 882
79 519

Estimated living cost  is ₽21399 per week

₽15683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138184
₽132284
₽130814
₽110159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 800
-
147 500
-
income
1 960
-
29 500
-
total
1 960
-
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%.

137 700
147 500
-
-
total
-
-
-
-
Dividends
137 700
147 500
-
-
withholding
6 885
7 375
-
-
total
6 885
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
8 845
7 375
29 500
1 475
After tax
138 655
140 125
118 000
146 025
Living cost
7 841
7 841
7 841
7 841
Free-cash
130 814
132 284
110 159
138 184

Estimated living cost  is ₽7841 per week

₽4859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53093
₽82914
₽76463
₽58639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
34 866
health
-
-
-
6 392
other
-
-
-
6 900
income
-
-
-
20 794
total
-
-
-
68 952
Employee
34 687
-
117 810
-
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.

2 427
-
8 247
-
unemployment
346
-
1 178
-
income
5 972
-
22 641
-
health
486
-
1 650
-
total
9 231
-
33 716
-
Employer
34 687
-
117 810
-
pensions

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

5 897
-
20 029
-
other
1 735
-
5 890
-
unemployment
346
-
1 178
-
accident
277
-
943
-
health
486
-
1 650
-
total
8 741
-
29 690
-
Corporate
104 072
147 500
-
-
income
21 854
30 975
-
-
total
21 854
30 975
-
-
Dividends
82 217
116 525
-
-
withholding
5 756
8 156
-
-
total
5 756
8 156
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 582
39 131
63 406
68 952
After tax
101 918
108 369
84 094
78 548
Living cost
25 455
25 455
25 455
25 455
Free-cash
76 463
82 914
58 639
53 093

Estimated living cost  is ₽25455 per week

₽17986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽36001
₽35368
₽34288
₽22547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 127
income
-
-
-
40 132
total
-
-
-
48 259
Employee
89 475
-
129 026
-
pensions
8 632
-
10 134
-
income
16 129
-
31 160
-
health
1 474
-
1 945
-
total
26 235
-
43 239
-
Employer
89 475
-
129 026
-
pensions
10 564
-
16 023
-
health
1 699
-
2 451
-
total
12 263
-
18 474
-
Corporate
45 761
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.

8 694
28 024
-
-
total
8 694
28 024
-
-
Dividends
37 066
119 476
-
-
withholding
2 780
20 868
-
-
total
2 780
20 868
-
-
Income
147 500
147 500
147 500
147 500
Total tax
49 972
48 892
61 713
48 259
After tax
97 528
98 608
85 787
99 241
Living cost
63 240
63 240
63 240
63 240
Free-cash
34 288
35 368
22 547
36 001

Estimated living cost  is ₽63240 per week

₽47387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103951
₽113594
₽109158
₽109512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 936
health
-
-
-
3 836
unemployment
-
-
-
133
income
-
-
-
22 125
total
-
-
-
31 030
Employee
16 577
-
140 956
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 456
-
2 929
-
income
1 657
-
14 096
-
health
762
-
1 534
-
total
4 058
-
18 926
-
Employer
16 577
-
140 956
-
pensions

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

1 827
-
3 675
-
unemployment
99
-
200
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
1 144
-
2 301
-
total
3 253
-
6 543
-
Corporate
127 670
147 500
-
-
income
12 767
14 750
-
-
total
12 767
14 750
-
-
Dividends
114 903
132 750
-
-
withholding
5 745
6 637
-
-
total
5 745
6 637
-
-
Income
147 500
147 500
147 500
147 500
Total tax
25 823
21 387
25 469
31 030
After tax
121 677
126 113
122 031
116 470
Living cost
12 519
12 519
12 519
12 519
Free-cash
109 158
113 594
109 512
103 951

Estimated living cost  is ₽12519 per week

₽7309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29904
₽19743
₽22146
₽36925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 193
health
-
-
-
11 780
income
-
-
-
41 649
total
-
-
-
64 622
Employee
88 570
81 580
129 746
-
pensions
11 193
11 193
11 193
-
income

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

13 353
13 353
16 874
-
health
11 050
10 651
11 780
-
total
35 596
35 197
39 847
-
Employer
88 570
81 580
129 746
-
pensions
6 164
5 678
7 058
-
unemployment
3 189
2 937
3 649
-
health
6 155
5 671
7 047
-
total
15 508
14 286
17 754
-
Corporate
43 423
51 634
-
-
income
8 684
10 326
-
-
total
8 684
10 326
-
-
Dividends
34 739
41 308
-
-
withholding
5 210
6 196
-
-
income
7 382
8 778
-
-
total
12 592
14 974
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 380
74 783
57 601
64 622
After tax
75 120
72 717
89 899
82 878
Living cost
52 974
52 974
52 974
52 974
Free-cash
22 146
19 743
36 925
29 904

Estimated living cost  is ₽52974 per week

₽39077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55705
₽77829
₽69364
₽51125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
19 913
social contributions
-
-
-
34 140
solidarity contribution
-
-
-
-
income
-
-
-
14 017
total
-
-
-
68 070
Employee
34 890
-
110 075
-
social contributions
2 268
-
7 155
-
income
4 187
-
13 209
-
solidarity contribution
-
-
-
-
health
4 710
-
14 860
-
total
11 165
-
35 224
-
Employer
34 890
-
110 075
-
social contributions
8 723
-
27 519
-
health
3 140
-
9 907
-
total
11 863
-
37 426
-
Corporate
100 747
147 500
-
-
income
19 142
28 025
-
-
total
19 142
28 025
-
-
Dividends
81 605
119 475
-
-
withholding
12 241
17 921
-
-
total
12 241
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
54 411
45 946
72 650
68 070
After tax
93 089
101 554
74 850
79 430
Living cost
23 725
23 725
23 725
23 725
Free-cash
69 364
77 829
51 125
55 705

Estimated living cost  is ₽23725 per week

₽16480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31398
₽38387
₽33397
₽24678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
876
regional
-
-
-
1 719
social contributions
-
-
-
37 937
national
-
-
-
35 259
total
-
-
-
75 791
Employee
84 903
-
147 500
-
social contributions
28 629
-
49 737
-
municipal
450
-
781
-
regional
801
-
1 515
-
national
14 712
-
30 478
-
total
44 592
-
82 511
-
Employer
84 903
-
147 500
-
total
-
-
-
-
Corporate
62 597
147 500
-
-
nationa
15 023
35 400
-
-
municipal
2 442
5 752
-
-
total
17 465
41 152
-
-
Dividends
45 132
106 347
-
-
withholding
11 735
27 650
-
-
total
11 735
27 650
-
-
Income
147 500
147 500
147 500
147 500
Total tax
73 792
68 802
82 511
75 791
After tax
73 708
78 698
64 989
71 709
Living cost
40 311
40 311
40 311
40 311
Free-cash
33 397
38 387
24 678
31 398

Estimated living cost  is ₽40311 per week

₽28100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48915
₽71697
₽68722
₽43885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 500
health
-
-
-
9 052
surtax
-
-
-
5 421
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
37 313
total
-
-
-
77 504
Employee
31 592
-
121 849
-
surtax
103
-
4 625
-
pensions
2 107
-
8 127
-
other
-
-
-
-
unemployment
2 199
-
8 481
-
income
5 295
-
32 545
-
health
807
-
3 107
-
total
10 511
-
56 885
-
Employer
31 592
-
121 849
-
pensions
4 211
-
16 242
-
other
-
-
-
-
unemployment
1 001
-
3 863
-
health
1 438
-
5 544
-
total
6 650
-
25 649
-
Corporate
109 259
147 500
-
-
income
28 408
38 350
-
-
total
28 408
38 350
-
-
Dividends
80 851
109 150
-
-
withholding
12 128
16 372
-
-
total
12 128
16 372
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 697
54 722
82 534
77 504
After tax
89 803
92 778
64 966
69 996
Living cost
21 081
21 081
21 081
21 081
Free-cash
68 722
71 697
43 885
48 915

Estimated living cost  is ₽21081 per week

₽12890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
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.
₽5760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56037
₽55404
₽59871
₽42583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 127
income
-
-
-
40 132
total
-
-
-
48 259
Employee
59 964
-
129 026
-
pensions
5 090
-
10 134
-
income
10 800
-
31 160
-
health
870
-
1 945
-
total
16 760
-
43 239
-
Employer
59 964
-
129 026
-
pensions
6 491
-
16 023
-
health
1 139
-
2 451
-
total
7 630
-
18 474
-
Corporate
79 906
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.

15 181
28 024
-
-
total
15 181
28 024
-
-
Dividends
64 724
119 476
-
-
withholding
4 854
20 868
-
-
total
4 854
20 868
-
-
Income
147 500
147 500
147 500
147 500
Total tax
44 425
48 892
61 713
48 259
After tax
103 075
98 608
85 787
99 241
Living cost
43 204
43 204
43 204
43 204
Free-cash
59 871
55 404
42 583
56 037

Estimated living cost  is ₽43204 per week

₽32368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44385
-₽8873
₽23779
₽37214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
6 582
city
-
-
-
1 554
pensions
-
-
-
13 569
health
-
-
-
331
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.

-
-
-
2 950
national
-
-
-
1 808
total
-
-
-
26 794
Employee
89 316
-
132 020
-
regional
2 925
-
5 665
-
national
423
-
1 467
-
pensions
7 504
-
11 089
-
unemployment
-
-
-
-
city
959
-
1 419
-
health
202
-
298
-
total
12 013
-
19 938
-
Employer
89 316
-
132 020
-
pensions
7 504
-
11 089
-
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.

1 786
-
2 640
-
unemployment
-
-
-
-
health
202
-
298
-
total
9 492
-
14 027
-
Corporate
47 711
147 500
-
-
regional
10 091
31 197
-
-
national
4 056
12 538
-
-
total
14 147
43 735
-
-
Dividends
33 564
103 766
-
-
withholding
11 748
36 317
-
-
total
11 748
36 317
-
-
Income
147 500
147 500
147 500
147 500
Total tax
47 400
80 052
33 965
26 794
After tax
100 100
67 448
113 535
120 706
Living cost
76 321
76 321
76 321
76 321
Free-cash
23 779
-8 873
37 214
44 385

Estimated living cost  is ₽76321 per week

₽49631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽937
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33861
₽29146
₽44639
₽51540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 679
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.

-
-
-
6 526
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.

-
-
-
2 380
income

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

-
-
-
43 290
total
-
-
-
69 875
Employee

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

57 413
-
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.

372
-
2 380
-
income

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

6 751
-
43 290
-
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.

6 526
-
6 526
-
total
13 649
-
52 196
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 087
147 500
-
-
trade
15 449
25 297
-
-
income
13 513
22 125
-
-
chamber of commerce
272
354
-
-
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.

743
1 216
-
-
total
29 977
48 992
-
-
Dividends
60 109
98 508
-
-
withholding
14 664
24 264
-
-
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
1 334
-
-
total
15 471
25 598
-
-
Income
147 500
147 500
147 500
147 500
Total tax
59 097
74 590
52 196
69 875
After tax
88 403
72 910
95 304
77 625
Living cost
43 764
43 764
43 764
43 764
Free-cash
44 639
29 146
51 540
33 861

Estimated living cost  is ₽43764 per week

₽31963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50771
₽41655
₽47299
₽50695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
28 282
health
-
-
-
5 589
surtax
-
-
-
-
other
-
-
-
4 572
social contributions
-
-
-
4 204
income
-
-
-
21 397
total
-
-
-
64 044
Employee
40 886
-
115 455
-
social contributions
1 166
-
3 290
-
surtax
-
-
-
-
pensions
4 623
-
7 489
-
income
2 413
-
21 297
-
total
8 202
-
32 076
-
Employer
40 886
-
115 455
-
pensions
6 717
-
12 704
-
social contributions
123
-
346
-
other
1 410
-
4 274
-
unemployment
1 655
-
4 675
-
health
2 863
-
10 045
-
total
12 768
-
32 044
-
Corporate
93 846
147 500
-
-
income
26 276
41 300
-
-
surtax
-
-
-
-
total
26 276
41 300
-
-
Dividends
67 570
106 200
-
-
withholding
8 649
13 593
-
-
surtax
-
-
-
-
social contributions
11 621
18 267
-
-
total
20 270
31 860
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 516
73 160
64 120
64 044
After tax
79 984
74 340
83 380
83 456
Living cost
32 685
32 685
32 685
32 685
Free-cash
47 299
41 655
50 695
50 771

Estimated living cost  is ₽32685 per week

₽20609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54010
₽44894
₽50200
₽53934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
28 282
health
-
-
-
5 589
surtax
-
-
-
-
other
-
-
-
4 572
social contributions
-
-
-
4 204
income
-
-
-
21 397
total
-
-
-
64 044
Employee
36 497
-
115 455
-
social contributions
1 041
-
3 290
-
surtax
-
-
-
-
pensions
4 128
-
7 489
-
income
1 882
-
21 297
-
total
7 051
-
32 076
-
Employer
36 497
-
115 455
-
pensions
5 997
-
12 704
-
social contributions
109
-
346
-
other
1 260
-
4 274
-
unemployment
1 478
-
4 675
-
health
2 554
-
10 045
-
total
11 398
-
32 044
-
Corporate
99 606
147 500
-
-
income
27 890
41 300
-
-
surtax
-
-
-
-
total
27 890
41 300
-
-
Dividends
71 716
106 200
-
-
withholding
9 180
13 593
-
-
surtax
-
-
-
-
social contributions
12 335
18 267
-
-
total
21 515
31 860
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 854
73 160
64 120
64 044
After tax
79 646
74 340
83 380
83 456
Living cost
29 446
29 446
29 446
29 446
Free-cash
50 200
44 894
53 934
54 010

Estimated living cost  is ₽29446 per week

₽17077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74468
₽69730
₽70227
₽72037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 295
social contributions
-
-
-
20 355
income
-
-
-
22 125
total
-
-
-
52 775
Employee
32 391
-
147 500
-
social contributions
4 471
-
20 355
-
income
5 402
-
24 556
-
health
2 261
-
10 295
-
total
12 134
-
55 206
-
Employer
32 391
-
147 500
-
total
-
-
-
-
Corporate
115 109
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%.

5 756
7 375
-
-
total
5 756
7 375
-
-
Dividends
109 353
140 125
-
-
withholding
16 403
21 019
-
-
social contributions
15 091
19 338
-
-
health
7 632
9 781
-
-
total
39 126
50 138
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 016
57 513
55 206
52 775
After tax
90 484
89 987
92 294
94 725
Living cost
20 257
20 257
20 257
20 257
Free-cash
70 227
69 730
72 037
74 468

Estimated living cost  is ₽20257 per week

₽13557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41986
₽48148
₽46671
₽4878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 647
health
-
-
-
8 537
surtax
-
-
-
189
unemployment
-
-
-
5 859
income
-
-
-
36 031
chamber of commerce
-
-
-
589
total
-
-
-
71 852
Employee
47 742
38 071
114 948
-
pensions
4 889
3 898
11 428
-
other
477
381
1 117
-
unemployment
1 432
1 142
3 348
-
income
5 435
2 808
28 368
-
health
1 847
1 474
4 318
-
total
14 080
9 703
48 579
-
Employer
47 742
38 071
114 948
-
payroll
1 432
1 142
3 448
-
chamber of commerce
190
152
460
-
pensions
5 992
4 779
14 006
-
surtax
189
189
189
-
other
2 268
1 807
5 431
-
unemployment
1 432
1 142
3 348
-
accident
620
495
1 450
-
health
1 804
1 439
4 219
-
total
13 927
11 145
32 551
-
Corporate
85 831
98 284
111 322
-
income

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

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

21 457
24 570
27 830
-
total
21 457
24 570
27 830
-
Dividends
64 374
73 713
-
-
withholding
17 703
20 272
-
-
total
17 703
20 272
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 167
65 690
108 960
71 852
After tax
80 333
81 810
38 540
75 648
Living cost
33 662
33 662
33 662
33 662
Free-cash
46 671
48 148
4 878
41 986

Estimated living cost  is ₽33662 per week

₽22451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29349
₽47705
₽33375
₽18258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 982
communal

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

-
-
-
7 471
national
-
-
-
52 866
total
-
-
-
83 319
Employee

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

68 334
-
114 244
-
national
21 009
-
40 264
-
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.

5 125
-
8 568
-
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.

595
-
993
-
communal

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

3 564
-
5 959
-
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.

3 211
-
5 370
-
total
33 504
-
61 154
-
Employer

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

68 334
-
114 244
-
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.

6 055
-
10 121
-
surtax
7 748
-
12 955
-
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.

997
-
1 668
-
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.

888
-
1 485
-
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.

4 202
-
7 027
-
total
19 890
-
33 256
-
Corporate
59 275
147 500
-
-
income
11 855
29 499
-
-
surtax
237
589
-
-
total
12 092
30 088
-
-
Dividends
47 183
117 411
-
-
withholding

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

13 807
34 875
-
-
total
13 807
34 875
-
-
Income
147 500
147 500
147 500
147 500
Total tax
79 293
64 963
94 410
83 319
After tax
68 207
82 537
53 090
64 181
Living cost
34 832
34 832
34 832
34 832
Free-cash
33 375
47 705
18 258
29 349

Estimated living cost  is ₽34832 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48508
₽64070
₽57154
₽44502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 058
other
-
-
-
89
unemployment
-
-
-
620
accident
-
-
-
798
income
-
-
-
37 927
total
-
-
-
64 492
Employee
47 553
-
119 271
-
pensions
2 235
-
4 162
-
other
47
-
89
-
unemployment
738
-
1 372
-
income
10 033
-
34 647
-
total
13 053
-
40 270
-
Employer
47 553
-
119 271
-
pensions
11 222
-
20 897
-
other
379
-
709
-
unemployment
2 616
-
4 869
-
accident
941
-
1 753
-
total
15 158
-
28 228
-
Corporate
84 789
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.

12 719
22 125
-
-
total
12 719
22 125
-
-
Dividends
72 070
125 375
-
-
withholding
14 916
26 805
-
-
total
14 916
26 805
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 846
48 930
68 498
64 492
After tax
91 654
98 570
79 002
83 008
Living cost
34 500
34 500
34 500
34 500
Free-cash
57 154
64 070
44 502
48 508

Estimated living cost  is ₽34500 per week

₽25406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23336
₽35558
₽24385
₽29216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
22 108
health
-
-
-
10 362
surtax
-
-
-
7 313
accident
-
-
-
1 244
communal
-
-
-
9 322
income
-
-
-
21 899
total
-
-
-
72 248
Employee
72 345
-
131 755
-
surtax
4 434
-
8 075
-
pensions
5 787
-
10 540
-
income
6 988
-
26 145
-
health
3 220
-
5 863
-
total
20 429
-
50 623
-
Employer
72 345
-
131 755
-
pensions
5 787
-
10 540
-
accident
651
-
1 186
-
health
2 206
-
4 019
-
total
8 644
-
15 745
-
Corporate
66 511
147 500
-
-
communal
4 489
9 956
-
-
income
9 976
22 125
-
-
surtax
698
1 548
-
-
total
15 163
33 629
-
-
Dividends
51 348
113 871
-
-
withholding
7 703
17 081
-
-
income
19 260
9 316
-
-
total
26 963
26 397
-
-
Income
147 500
147 500
147 500
147 500
Total tax
71 199
60 026
66 368
72 248
After tax
76 301
87 474
81 132
75 252
Living cost
51 916
51 916
51 916
51 916
Free-cash
24 385
35 558
29 216
23 336

Estimated living cost  is ₽51916 per week

₽38945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48538
₽71320
₽68281
₽43508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 500
health
-
-
-
9 052
surtax
-
-
-
5 421
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
37 313
total
-
-
-
77 504
Employee
32 172
-
121 849
-
surtax
114
-
4 625
-
pensions
2 146
-
8 127
-
other
-
-
-
-
unemployment
2 239
-
8 481
-
income
5 393
-
32 545
-
health
821
-
3 107
-
total
10 713
-
56 885
-
Employer
32 172
-
121 849
-
pensions
4 289
-
16 242
-
other
-
-
-
-
unemployment
1 021
-
3 863
-
health
1 463
-
5 544
-
total
6 773
-
25 649
-
Corporate
108 555
147 500
-
-
income
28 225
38 350
-
-
total
28 225
38 350
-
-
Dividends
80 330
109 150
-
-
withholding
12 050
16 372
-
-
total
12 050
16 372
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 761
54 722
82 534
77 504
After tax
89 739
92 778
64 966
69 996
Living cost
21 458
21 458
21 458
21 458
Free-cash
68 281
71 320
43 508
48 538

Estimated living cost  is ₽21458 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45470
₽51794
₽49675
₽38786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
876
regional
-
-
-
2 224
social contributions
-
-
-
37 937
national
-
-
-
35 259
total
-
-
-
76 296
Employee
52 993
-
147 500
-
social contributions
17 870
-
49 737
-
municipal
281
-
781
-
regional
713
-
1 984
-
national
8 396
-
30 478
-
total
27 260
-
82 980
-
Employer
52 993
-
147 500
-
total
-
-
-
-
Corporate
94 507
147 500
-
-
nationa
22 681
35 400
-
-
municipal
4 697
7 331
-
-
total
27 378
42 731
-
-
Dividends
67 129
104 768
-
-
withholding
17 453
27 241
-
-
total
17 453
27 241
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 091
69 972
82 980
76 296
After tax
75 409
77 528
64 520
71 204
Living cost
25 734
25 734
25 734
25 734
Free-cash
49 675
51 794
38 786
45 470

Estimated living cost  is ₽25734 per week

₽16004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and 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 Naples model

Close
Prague , Czech Republic
₽50194
₽72318
₽61889
₽45614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
19 913
social contributions
-
-
-
34 140
solidarity contribution
-
-
-
-
income
-
-
-
14 017
total
-
-
-
68 070
Employee
42 994
-
110 075
-
social contributions
2 795
-
7 155
-
income
5 159
-
13 209
-
solidarity contribution
-
-
-
-
health
5 804
-
14 860
-
total
13 758
-
35 224
-
Employer
42 994
-
110 075
-
social contributions
10 748
-
27 519
-
health
3 869
-
9 907
-
total
14 617
-
37 426
-
Corporate
89 888
147 500
-
-
income
17 079
28 025
-
-
total
17 079
28 025
-
-
Dividends
72 810
119 475
-
-
withholding
10 921
17 921
-
-
total
10 921
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 375
45 946
72 650
68 070
After tax
91 125
101 554
74 850
79 430
Living cost
29 236
29 236
29 236
29 236
Free-cash
61 889
72 318
45 614
50 194

Estimated living cost  is ₽29236 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45359
₽51436
₽50961
₽8118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 647
health
-
-
-
8 537
surtax
-
-
-
-
unemployment
-
-
-
5 859
income
-
-
-
36 031
chamber of commerce
-
-
-
589
total
-
-
-
71 663
Employee
41 760
38 071
115 124
-
pensions
4 277
3 898
11 428
-
other
417
381
1 117
-
unemployment
1 253
1 142
3 348
-
income
3 720
2 808
28 442
-
health
1 615
1 474
4 318
-
total
11 282
9 703
48 653
-
Employer
41 760
38 071
115 124
-
payroll
1 253
1 142
3 454
-
chamber of commerce
167
152
460
-
pensions
5 241
4 779
14 006
-
surtax
-
-
-
-
other
1 983
1 807
5 439
-
unemployment
1 253
1 142
3 348
-
accident
542
495
1 450
-
health
1 579
1 439
4 219
-
total
12 018
10 956
32 376
-
Corporate
93 723
98 472
111 498
-
income

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

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

23 430
24 617
27 875
-
total
23 430
24 617
27 875
-
Dividends
70 293
73 855
-
-
withholding
19 331
20 310
-
-
total
19 331
20 310
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 061
65 586
108 904
71 663
After tax
81 439
81 914
38 596
75 837
Living cost
30 478
30 478
30 478
30 478
Free-cash
50 961
51 436
8 118
45 359

Estimated living cost  is ₽30478 per week

₽18283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133807
₽127907
₽125616
₽105782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 273
-
147 500
-
income
3 055
-
29 500
-
total
3 055
-
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%.

132 227
147 500
-
-
total
-
-
-
-
Dividends
132 227
147 500
-
-
withholding
6 611
7 375
-
-
total
6 611
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
9 666
7 375
29 500
1 475
After tax
137 834
140 125
118 000
146 025
Living cost
12 218
12 218
12 218
12 218
Free-cash
125 616
127 907
105 782
133 807

Estimated living cost  is ₽12218 per week

₽8268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
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.
₽3027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47470
₽75930
₽67940
₽43566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
26 938
health
-
-
-
14 514
unemployment
-
-
-
221
income
-
-
-
32 733
total
-
-
-
74 406
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.

42 244
-
127 629
-
pensions
6 548
-
19 782
-
unemployment
60
-
179
-
income
7 285
-
30 237
-
health
2 728
-
8 243
-
total
16 621
-
58 441
-
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.

42 244
-
127 629
-
pensions
3 738
-
11 294
-
unemployment
25
-
76
-
health
2 814
-
8 499
-
total
6 577
-
19 869
-
Corporate
98 678
147 500
-
-
income
18 749
28 026
-
-
total
18 749
28 026
-
-
Dividends
79 930
119 474
-
-
withholding
11 989
17 920
-
-
total
11 989
17 920
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 936
45 946
78 310
74 406
After tax
93 564
101 554
69 190
73 094
Living cost
25 624
25 624
25 624
25 624
Free-cash
67 940
75 930
43 566
47 470

Estimated living cost  is ₽25624 per week

₽17585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60107
₽47912
₽1803
₽92920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 815
income
-
-
-
28 751
total
-
-
-
45 566
Employee
59 975
-
-
-
social contributions
4 918
-
701
-
income
13 229
-
-
-
total
18 147
-
701
-
Employer
59 975
-
-
-
social contributions
84 564
-
12 052
-
total
84 564
-
12 052
-
Corporate
2 961
147 500
-
-
income
651
32 450
-
-
total
651
32 450
-
-
Dividends
2 310
115 050
-
-
income
508
25 311
-
-
total
508
25 311
-
-
Income
147 500
147 500
147 500
147 500
Total tax
103 870
57 761
12 753
45 566
After tax
43 630
89 739
134 747
101 934
Living cost
41 827
41 827
41 827
41 827
Free-cash
1 803
47 912
92 920
60 107

Estimated living cost  is ₽41827 per week

₽27139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49766
₽53933
₽52971
₽39179
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
51 256
income
-
-
-
16 513
total
-
-
-
67 769
Employee
43 937
-
119 192
-
social contributions
4 833
-
13 111
-
surtax
-
-
-
-
income
9 139
-
36 937
-
total
13 972
-
50 048
-
Employer
43 937
-
119 192
-
social contributions
10 435
-
28 308
-
total
10 435
-
28 308
-
Corporate
93 128
147 500
-
-
income
19 557
30 975
-
-
surtax
-
-
-
-
total
19 557
30 975
-
-
Dividends
73 570
116 525
-
-
withholding
20 600
32 627
-
-
total
20 600
32 627
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 564
63 602
78 356
67 769
After tax
82 936
83 898
69 144
79 731
Living cost
29 965
29 965
29 965
29 965
Free-cash
52 971
53 933
39 179
49 766

Estimated living cost  is ₽29965 per week

₽22420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37315
₽28199
₽34764
₽37239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
28 282
health
-
-
-
5 589
surtax
-
-
-
-
other
-
-
-
4 572
social contributions
-
-
-
4 204
income
-
-
-
21 397
total
-
-
-
64 044
Employee
59 833
-
115 455
-
social contributions
1 704
-
3 290
-
surtax
-
-
-
-
pensions
6 768
-
7 489
-
income
5 221
-
21 297
-
total
13 693
-
32 076
-
Employer
59 833
-
115 455
-
pensions
9 831
-
12 704
-
social contributions
179
-
346
-
other
2 065
-
4 274
-
unemployment
2 424
-
4 675
-
health
4 188
-
10 045
-
total
18 687
-
32 044
-
Corporate
68 979
147 500
-
-
income
19 315
41 300
-
-
surtax
-
-
-
-
total
19 315
41 300
-
-
Dividends
49 665
106 200
-
-
withholding
6 358
13 593
-
-
surtax
-
-
-
-
social contributions
8 542
18 267
-
-
total
14 900
31 860
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 595
73 160
64 120
64 044
After tax
80 905
74 340
83 380
83 456
Living cost
46 141
46 141
46 141
46 141
Free-cash
34 764
28 199
37 239
37 315

Estimated living cost  is ₽46141 per week

₽31227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80632
₽104034
₽100825
₽84552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 449
income
-
-
-
5 703
total
-
-
-
38 152
Employee
30 712
-
127 705
-
social contributions
1 996
-
8 299
-
income
-
-
6 138
-
total
1 996
-
14 437
-
Employer
30 712
-
127 705
-
social contributions
4 761
-
19 795
-
total
4 761
-
19 795
-
Corporate
112 027
147 500
-
-
income
11 202
14 750
-
-
total
11 202
14 750
-
-
Dividends
100 825
132 750
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
17 959
14 750
34 232
38 152
After tax
129 541
132 750
113 268
109 348
Living cost
28 716
28 716
28 716
28 716
Free-cash
100 825
104 034
84 552
80 632

Estimated living cost  is ₽28716 per week

₽18568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42225
-₽60408
-₽60408
-₽60408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
30 114
pensions
-
-
-
827
labour market
-
-
-
11 734
national
-
-
-
16 644
total
-
-
-
59 319
Employee
193 971
193 971
193 971
-
municipal
41 305
41 305
41 305
-
national
23 697
23 697
23 697
-
pensions
276
276
276
-
labour market
15 496
15 496
15 496
-
total
80 774
80 774
80 774
-
Employer
193 971
193 971
193 971
-
labour market
15 518
15 518
15 518
-
pensions
551
551
551
-
municipal
41 371
41 371
41 371
-
national
23 738
23 738
23 738
-
total
81 178
81 178
81 178
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
161 952
161 952
161 952
59 319
After tax
-14 452
-14 452
-14 452
88 181
Living cost
45 956
45 956
45 956
45 956
Free-cash
-60 408
-60 408
-60 408
42 225

Estimated living cost  is ₽45956 per week

₽31453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽707
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79835
-₽9135
₽8712
₽58198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 047
health
-
-
-
2 121
other
-
-
-
360
accident
-
-
-
246
income
-
-
-
39 808
total
-
-
-
46 582
Employee
33 165
-
131 372
-
pensions
3 735
-
7 421
-
income
4 550
-
29 627
-
health
3 798
-
15 042
-
total
12 083
-
52 090
-
Employer
33 165
-
131 372
-
pensions
5 393
-
10 716
-
unemployment
813
-
3 219
-
accident
554
-
2 194
-
total
6 760
-
16 129
-
Corporate
107 576
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.

96 818
132 750
-
-
total
96 818
132 750
-
-
Dividends
10 758
14 750
-
-
withholding
2 044
2 802
-
-
total
2 044
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
117 705
135 552
68 219
46 582
After tax
29 795
11 948
79 281
100 918
Living cost
21 083
21 083
21 083
21 083
Free-cash
8 712
-9 135
58 198
79 835

Estimated living cost  is ₽21083 per week

₽15346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61479
₽57041
₽58944
₽42020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
26 213
health
-
-
-
1 873
national
-
-
-
21 258
total
-
-
-
49 344
Employee
50 261
-
124 086
-
municipal
8 232
-
20 221
-
national
830
-
13 419
-
pensions
3 392
-
8 376
-
unemployment
754
-
1 862
-
health
375
-
1 512
-
total
13 583
-
45 390
-
Employer
50 261
-
124 086
-
pensions
8 720
-
21 528
-
unemployment
326
-
807
-
accident
51
-
123
-
health
386
-
955
-
total
9 483
-
23 413
-
Corporate
87 756
147 500
-
-
income
17 551
29 499
-
-
total
17 551
29 499
-
-
Dividends

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

52 654
88 500
-
-
municipal
9 478
15 930
-
-
national
1 784
8 353
-
-
total
11 262
24 283
-
-
Income
147 500
147 500
147 500
147 500
Total tax
51 879
53 782
68 803
49 344
After tax
95 621
93 718
78 697
98 156
Living cost
36 677
36 677
36 677
36 677
Free-cash
58 944
57 041
42 020
61 479

Estimated living cost  is ₽36677 per week

₽23957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79738
₽85552
₽80355
₽78387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 762
social contributions
-
-
-
15 457
income
-
-
-
26 425
total
-
-
-
45 644
Employee
73 459
73 459
136 748
-
social contributions
2 777
6 097
8 223
-
income
7 998
6 800
25 696
-
health
569
1 249
2 324
-
total
11 344
14 146
36 243
-
Employer
73 459
73 459
136 748
-
social contributions
2 777
6 097
8 223
-
health
618
1 360
2 529
-
total
3 395
7 457
10 752
-
Corporate
110 641
66 584
-
-
income
13 831
8 323
-
-
total
13 831
8 323
-
-
Dividends
96 811
58 261
-
-
withholding
16 457
9 904
-
-
total
16 457
9 904
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 027
39 830
46 995
45 644
After tax
102 473
107 670
100 505
101 856
Living cost
22 118
22 118
22 118
22 118
Free-cash
80 355
85 552
78 387
79 738

Estimated living cost  is ₽22118 per week

₽13256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽107936
₽106977
₽102114
₽88774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 077
health
-
-
-
3 457
unemployment
-
-
-
27
income
-
-
-
14 835
total
-
-
-
24 396
Employee

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

21 928
-
138 164
-
pensions
3 289
-
13 597
-
unemployment
109
-
453
-
income
1 499
-
12 467
-
health
1 864
-
7 705
-
total
6 761
-
34 222
-
Employer

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

21 928
-
138 164
-
pensions
1 206
-
4 985
-
unemployment
109
-
453
-
health
943
-
3 898
-
total
2 258
-
9 336
-
Corporate
123 315
147 500
-
-
income
11 099
13 276
-
-
total
11 099
13 276
-
-
Dividends
112 217
134 224
-
-
withholding
10 100
12 079
-
-
total
10 100
12 079
-
-
Income
147 500
147 500
147 500
147 500
Total tax
30 218
25 355
43 558
24 396
After tax
117 282
122 145
103 942
123 104
Living cost
15 168
15 168
15 168
15 168
Free-cash
102 114
106 977
88 774
107 936

Estimated living cost  is ₽15168 per week

₽9677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56738
₽72300
₽67983
₽52732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 058
other
-
-
-
89
unemployment
-
-
-
620
accident
-
-
-
798
income
-
-
-
37 927
total
-
-
-
64 492
Employee
35 324
-
119 271
-
pensions
1 661
-
4 162
-
other
34
-
89
-
unemployment
547
-
1 372
-
income
6 810
-
34 647
-
total
9 052
-
40 270
-
Employer
35 324
-
119 271
-
pensions
8 336
-
20 897
-
other
283
-
709
-
unemployment
1 943
-
4 869
-
accident
700
-
1 753
-
total
11 262
-
28 228
-
Corporate
100 915
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.

15 138
22 125
-
-
total
15 138
22 125
-
-
Dividends
85 777
125 375
-
-
withholding
17 795
26 805
-
-
total
17 795
26 805
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 247
48 930
68 498
64 492
After tax
94 253
98 570
79 002
83 008
Living cost
26 270
26 270
26 270
26 270
Free-cash
67 983
72 300
52 732
56 738

Estimated living cost  is ₽26270 per week

₽17732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92918
₽90177
₽89871
₽92785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 359
health
-
-
-
985
income
-
-
-
50 375
total
-
-
-
52 719
Employee
2 838
-
145 971
-
pensions
255
-
612
-
unemployment
28
-
68
-
income
549
-
50 303
-
health
142
-
340
-
total
974
-
51 323
-
Employer
2 838
-
145 971
-
pensions
312
-
747
-
unemployment
57
-
136
-
health
270
-
646
-
total
639
-
1 529
-
Corporate
144 024
147 500
-
-
income
31 685
32 450
-
-
total
31 685
32 450
-
-
Dividends
112 339
115 050
-
-
withholding
22 468
23 010
-
-
total
22 468
23 010
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 766
55 460
52 852
52 719
After tax
91 734
92 040
94 648
94 781
Living cost
1 863
1 863
1 863
1 863
Free-cash
89 871
90 177
92 785
92 918

Estimated living cost  is ₽1863 per week

₽1107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71426
₽90056
₽85359
₽71427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 348
health
-
-
-
7 268
unemployment
-
-
-
1 059
income
-
-
-
32 886
total
-
-
-
59 561
Employee

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

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

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

24 901
-
134 868
-
pensions
3 486
-
9 880
-
unemployment
187
-
529
-
income
3 432
-
32 886
-
health
1 282
-
3 634
-
total
8 387
-
46 929
-
Employer

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

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

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

24 901
-
134 868
-
pensions
2 988
-
8 468
-
unemployment
187
-
529
-
health
1 282
-
3 634
-
total
4 457
-
12 631
-
Corporate
118 142
147 500
-
-
income
17 721
22 125
-
-
total
17 721
22 125
-
-
Dividends
100 420
125 375
-
-
withholding
15 063
18 806
-
-
total
15 063
18 806
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 628
40 931
59 560
59 561
After tax
101 872
106 569
87 940
87 939
Living cost
16 513
16 513
16 513
16 513
Free-cash
85 359
90 056
71 427
71 426

Estimated living cost  is ₽16513 per week

₽11118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1277
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.
₽3640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53976
₽58143
₽57798
₽43389
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
51 256
income
-
-
-
16 513
total
-
-
-
67 769
Employee
37 078
-
119 192
-
social contributions
4 079
-
13 111
-
surtax
-
-
-
-
income
7 245
-
36 937
-
total
11 324
-
50 048
-
Employer
37 078
-
119 192
-
social contributions
8 805
-
28 308
-
total
8 805
-
28 308
-
Corporate
101 617
147 500
-
-
income
21 340
30 975
-
-
surtax
-
-
-
-
total
21 340
30 975
-
-
Dividends
80 277
116 525
-
-
withholding
22 478
32 627
-
-
total
22 478
32 627
-
-
Income
147 500
147 500
147 500
147 500
Total tax
63 947
63 602
78 356
67 769
After tax
83 553
83 898
69 144
79 731
Living cost
25 755
25 755
25 755
25 755
Free-cash
57 798
58 143
43 389
53 976

Estimated living cost  is ₽25755 per week

₽18241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49434
₽64996
₽58405
₽45428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 058
other
-
-
-
89
unemployment
-
-
-
620
accident
-
-
-
798
income
-
-
-
37 927
total
-
-
-
64 492
Employee
46 137
-
119 271
-
pensions
2 168
-
4 162
-
other
45
-
89
-
unemployment
714
-
1 372
-
income
9 636
-
34 647
-
total
12 563
-
40 270
-
Employer
46 137
-
119 271
-
pensions
10 888
-
20 897
-
other
370
-
709
-
unemployment
2 538
-
4 869
-
accident
914
-
1 753
-
total
14 710
-
28 228
-
Corporate
86 653
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.

12 998
22 125
-
-
total
12 998
22 125
-
-
Dividends
73 654
125 375
-
-
withholding
15 250
26 805
-
-
total
15 250
26 805
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 521
48 930
68 498
64 492
After tax
91 979
98 570
79 002
83 008
Living cost
33 574
33 574
33 574
33 574
Free-cash
58 405
64 996
45 428
49 434

Estimated living cost  is ₽33574 per week

₽24111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
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.
₽6380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100044
₽109687
₽103868
₽105605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 936
health
-
-
-
3 836
unemployment
-
-
-
133
income
-
-
-
22 125
total
-
-
-
31 030
Employee
21 750
-
140 956
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 909
-
2 929
-
income
2 175
-
14 096
-
health
1 001
-
1 534
-
total
5 324
-
18 926
-
Employer
21 750
-
140 956
-
pensions

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

2 397
-
3 675
-
unemployment
131
-
200
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 501
-
2 301
-
total
4 268
-
6 543
-
Corporate
121 482
147 500
-
-
income
12 148
14 750
-
-
total
12 148
14 750
-
-
Dividends
109 334
132 750
-
-
withholding
5 466
6 637
-
-
total
5 466
6 637
-
-
Income
147 500
147 500
147 500
147 500
Total tax
27 206
21 387
25 469
31 030
After tax
120 294
126 113
122 031
116 470
Living cost
16 426
16 426
16 426
16 426
Free-cash
103 868
109 687
105 605
100 044

Estimated living cost  is ₽16426 per week

₽10864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43629
₽39065
₽51562
₽58422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 793
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.

-
-
-
6 526
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.

-
-
-
2 380
income

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

-
-
-
43 290
total
-
-
-
66 989
Employee

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

47 533
-
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.

216
-
2 380
-
income

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

3 909
-
43 290
-
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.

6 526
-
6 526
-
total
10 651
-
52 196
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 967
147 500
-
-
trade
14 345
21 166
-
-
income
14 994
22 125
-
-
chamber of commerce
292
361
-
-
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.

825
1 216
-
-
total
30 456
44 868
-
-
Dividends
69 510
102 633
-
-
withholding
17 014
25 295
-
-
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.

935
1 390
-
-
total
17 949
26 685
-
-
Income
147 500
147 500
147 500
147 500
Total tax
59 056
71 553
52 196
66 989
After tax
88 444
75 947
95 304
80 511
Living cost
36 882
36 882
36 882
36 882
Free-cash
51 562
39 065
58 422
43 629

Estimated living cost  is ₽36882 per week

₽25442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25744
₽48832
₽50939
₽25744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 127
income
-
-
-
43 210
total
-
-
-
67 337
Employee
74 727
-
147 500
-
social contributions
6 208
-
24 127
-
income
14 101
-
43 210
-
total
20 309
-
67 337
-
Employer
74 727
-
147 500
-
total
-
-
-
-
Corporate
72 773
147 500
-
-
income
9 097
18 437
-
-
total
9 097
18 437
-
-
Dividends
63 676
129 063
-
-
withholding
12 736
25 812
-
-
total
12 736
25 812
-
-
Income
147 500
147 500
147 500
147 500
Total tax
42 142
44 249
67 337
67 337
After tax
105 358
103 251
80 163
80 163
Living cost
54 419
54 419
54 419
54 419
Free-cash
50 939
48 832
25 744
25 744

Estimated living cost  is ₽54419 per week

₽41401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4434
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.
₽8064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79753
₽56149
₽59488
₽71465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 876
income
-
-
-
27 193
total
-
-
-
33 069
Employee
43 824
-
143 106
-
social contributions
4 391
-
4 394
-
income
4 755
-
32 569
-
total
9 146
-
36 963
-
Employer
43 824
-
143 106
-
social contributions
4 391
-
4 394
-
total
4 391
-
4 394
-
Corporate
99 285
147 500
-
-
income
34 750
51 626
-
-
total
34 750
51 626
-
-
Dividends
64 535
95 874
-
-
social contributions
5 047
5 047
-
-
total
5 047
5 047
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 334
56 673
41 357
33 069
After tax
94 166
90 827
106 143
114 431
Living cost
34 678
34 678
34 678
34 678
Free-cash
59 488
56 149
71 465
79 753

Estimated living cost  is ₽34678 per week

₽22842
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.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64118
₽63485
₽69082
₽50664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 127
income
-
-
-
40 132
total
-
-
-
48 259
Employee
48 212
-
129 026
-
pensions
3 680
-
10 134
-
income
8 780
-
31 160
-
health
629
-
1 945
-
total
13 089
-
43 239
-
Employer
48 212
-
129 026
-
pensions
4 871
-
16 023
-
health
916
-
2 451
-
total
5 787
-
18 474
-
Corporate
93 501
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.

17 766
28 024
-
-
total
17 766
28 024
-
-
Dividends
75 735
119 476
-
-
withholding
6 653
20 868
-
-
total
6 653
20 868
-
-
Income
147 500
147 500
147 500
147 500
Total tax
43 295
48 892
61 713
48 259
After tax
104 205
98 608
85 787
99 241
Living cost
35 123
35 123
35 123
35 123
Free-cash
69 082
63 485
50 664
64 118

Estimated living cost  is ₽35123 per week

₽24094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽77748
-₽11222
₽8394
₽56111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 047
health
-
-
-
2 121
other
-
-
-
360
accident
-
-
-
246
income
-
-
-
39 808
total
-
-
-
46 582
Employee
36 448
-
131 372
-
pensions
4 104
-
7 421
-
income
5 000
-
29 627
-
health
4 173
-
15 042
-
total
13 277
-
52 090
-
Employer
36 448
-
131 372
-
pensions
5 926
-
10 716
-
unemployment
893
-
3 219
-
accident
609
-
2 194
-
total
7 428
-
16 129
-
Corporate
103 624
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.

93 262
132 750
-
-
total
93 262
132 750
-
-
Dividends
10 362
14 750
-
-
withholding
1 969
2 802
-
-
total
1 969
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
115 936
135 552
68 219
46 582
After tax
31 564
11 948
79 281
100 918
Living cost
23 170
23 170
23 170
23 170
Free-cash
8 394
-11 222
56 111
77 748

Estimated living cost  is ₽23170 per week

₽17004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70038
₽111230
₽106764
₽89615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 140
health insurance
-
-
-
10 915
work injury
-
-
-
738
unemployment
-
-
-
1 770
income
-
-
-
24 008
total
-
-
-
64 571
Employee

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

20 625
-
147 500
-
pensions
3 795
-
14 041
-
health insurance
1 526
-
5 647
-
unemployment
248
-
916
-
income
2 063
-
24 008
-
work injury
103
-
382
-
total
7 735
-
44 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 875
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%.

1 269
1 475
-
-
total
1 269
1 475
-
-
Dividends
125 606
146 025
-
-
withholding
18 841
21 904
-
-
total
18 841
21 904
-
-
Income
147 500
147 500
147 500
147 500
Total tax
27 845
23 379
44 994
64 571
After tax
119 655
124 121
102 506
82 929
Living cost
12 891
12 891
12 891
12 891
Free-cash
106 764
111 230
89 615
70 038

Estimated living cost  is ₽12891 per week

₽7986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31903
₽39635
₽35290
₽25387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
986
regional
-
-
-
3 357
social contributions
-
-
-
37 937
national
-
-
-
35 259
total
-
-
-
77 539
Employee
80 501
-
147 500
-
social contributions
27 144
-
49 737
-
municipal
480
-
879
-
regional
1 215
-
2 961
-
national
13 604
-
30 478
-
total
42 443
-
84 055
-
Employer
80 501
-
147 500
-
total
-
-
-
-
Corporate
66 999
147 500
-
-
nationa
16 080
35 400
-
-
municipal
3 229
7 110
-
-
total
19 309
42 510
-
-
Dividends
47 690
104 989
-
-
withholding
12 400
27 297
-
-
total
12 400
27 297
-
-
Income
147 500
147 500
147 500
147 500
Total tax
74 152
69 807
84 055
77 539
After tax
73 348
77 693
63 445
69 961
Living cost
38 058
38 058
38 058
38 058
Free-cash
35 290
39 635
25 387
31 903

Estimated living cost  is ₽38058 per week

₽26733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
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.
₽8131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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