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
₽65998
₽44827
₽49925
₽55639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 678
income

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

-
-
-
42 858
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.

-
-
-
2 358
trade
-
-
-
16 073
total
-
-
-
67 967
Employee

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

37 387
-
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.

58
-
2 358
-
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.

1 044
-
42 858
-
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.

6 678
-
6 678
-
total
7 780
-
51 894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 113
147 500
-
-
chamber of commerce
306
360
-
-
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.

909
1 217
-
-
trade
17 342
23 232
-
-
income
16 517
22 124
-
-
total
35 074
46 933
-
-
Dividends
75 039
100 567
-
-
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.

1 011
1 362
-
-
withholding
18 388
24 770
-
-
total
19 399
26 132
-
-
Income
147 500
147 500
147 500
147 500
Total tax
62 253
73 065
51 894
67 967
After tax
85 247
74 435
95 606
79 533
Living cost
29 608
29 608
29 608
29 608
Free-cash
55 639
44 827
65 998
49 925

Estimated living cost  is ₽29608 per week

₽18624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
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.
₽6978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37275
₽40575
₽36117
₽39719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
1 586
pensions
-
-
-
17 700
national
-
-
-
24 695
municipal
-
-
-
15 937
total
-
-
-
59 918
Employee
79 780
-
127 512
-
municipal
9 854
-
16 508
-
national
15 270
-
25 580
-
pensions
3 191
-
5 100
-
total
28 315
-
47 188
-
Employer
79 780
-
127 512
-
pensions
6 382
-
10 201
-
social contributions
858
-
1 371
-
total
7 240
-
11 572
-
Corporate
55 215
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%.

11 043
29 500
-
-
total
11 043
29 500
-
-
Dividends
44 172
118 000
-
-
withholding
9 718
25 960
-
-
total
9 718
25 960
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 316
55 460
58 760
59 918
After tax
91 184
92 040
88 740
87 582
Living cost
51 465
51 465
51 465
51 465
Free-cash
39 719
40 575
37 275
36 117

Estimated living cost  is ₽51465 per week

₽34980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69371
₽97664
₽27902
₽89645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
37 452
income
-
-
-
24 198
surtax
-
-
-
37 612
microenterprise
-
-
-
-
total
-
-
-
99 262
Employee
28 563
-
106 021
-
surtax
-
-
-
-
social contributions

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

3 142
-
11 662
-
income
5 085
-
20 590
-
total
8 227
-
32 252
-
Employer
28 563
-
106 021
-
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.

6 880
-
25 541
-
total
6 880
-
25 541
-
Corporate
112 057
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%.

22 412
29 500
-
-
total
22 412
29 500
-
-
Dividends

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

89 645
118 000
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
37 519
29 500
57 793
99 262
After tax
109 981
118 000
89 707
48 238
Living cost
20 336
20 336
20 336
20 336
Free-cash
89 645
97 664
69 371
27 902

Estimated living cost  is ₽20336 per week

₽12974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48526
₽31711
₽42200
₽25722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 054
income
-
-
-
40 844
pensions
-
-
-
11 453
total
-
-
-
64 351
Employee
83 474
83 474
129 334
-
income

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

13 663
13 663
16 353
-
pensions
15 025
11 453
11 453
-
health
12 812
10 898
12 054
-
total
41 500
36 014
39 860
-
Employer
83 474
83 474
129 334
-
unemployment
3 005
3 005
3 734
-
health
5 802
5 802
7 210
-
pensions
5 810
5 810
7 221
-
total
14 617
14 617
18 165
-
Corporate
50 433
49 409
-
-
income
10 087
9 881
-
-
total
10 087
9 881
-
-
Dividends
40 345
39 527
-
-
income
8 574
8 399
-
-
withholding
6 051
5 929
-
-
total
14 625
14 328
-
-
Income
147 500
147 500
147 500
147 500
Total tax
80 829
74 840
58 025
64 351
After tax
66 671
72 660
89 475
83 149
Living cost
40 949
40 949
40 949
40 949
Free-cash
25 722
31 711
48 526
42 200

Estimated living cost  is ₽40949 per week

₽29019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36141
₽39971
₽37125
₽39060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
10 330
health
-
-
-
5 547
accident
-
-
-
178
pensions
-
-
-
9 610
national
-
-
-
7 753
unemployment
-
-
-
89
municipal
-
-
-
36 304
total
-
-
-
69 811
Employee
57 800
-
119 567
-
municipal
17 236
-
35 655
-
national
-
-
7 208
-
total
17 236
-
42 863
-
Employer
57 800
-
119 567
-
other
6 716
-
10 330
-
unemployment
1 526
-
2 347
-
health
3 555
-
5 467
-
accident
116
-
178
-
pensions
6 248
-
9 610
-
total
18 161
-
27 932
-
Corporate
71 539
147 500
-
-
income
15 739
32 450
-
-
total
15 739
32 450
-
-
Dividends
55 801
115 050
-
-
withholding
16 740
34 515
-
-
total
16 740
34 515
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 876
66 965
70 795
69 811
After tax
79 624
80 535
76 705
77 689
Living cost
40 564
40 564
40 564
40 564
Free-cash
39 060
39 971
36 141
37 125

Estimated living cost  is ₽40564 per week

₽26884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57206
₽35275
₽40418
₽49010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 678
income

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

-
-
-
42 858
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.

-
-
-
2 358
trade
-
-
-
16 788
total
-
-
-
68 682
Employee

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

49 571
-
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.

234
-
2 358
-
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.

4 259
-
42 858
-
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.

6 678
-
6 678
-
total
11 171
-
51 894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 929
147 500
-
-
chamber of commerce
288
358
-
-
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.

809
1 217
-
-
trade
16 109
24 263
-
-
income
14 690
22 124
-
-
total
31 896
47 962
-
-
Dividends
66 035
99 538
-
-
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.

887
1 349
-
-
withholding
16 136
24 514
-
-
total
17 023
25 863
-
-
Income
147 500
147 500
147 500
147 500
Total tax
60 090
73 825
51 894
68 682
After tax
87 410
73 675
95 606
78 818
Living cost
38 400
38 400
38 400
38 400
Free-cash
49 010
35 275
57 206
40 418

Estimated living cost  is ₽38400 per week

₽25682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68983
₽75978
₽70346
₽71924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 816
health
-
-
-
3 762
income
-
-
-
25 871
total
-
-
-
45 449
Employee
75 165
75 165
136 559
-
social contributions
3 652
6 238
8 414
-
income
7 893
6 958
25 137
-
health
748
1 278
2 321
-
total
12 293
14 474
35 872
-
Employer
75 165
75 165
136 559
-
health
814
1 391
2 526
-
social contributions
3 652
6 238
8 414
-
total
4 466
7 629
10 940
-
Corporate
99 035
64 706
-
-
income
12 380
8 088
-
-
total
12 380
8 088
-
-
Dividends
86 655
56 618
-
-
withholding
14 732
9 626
-
-
total
14 732
9 626
-
-
Income
147 500
147 500
147 500
147 500
Total tax
43 871
39 817
46 812
45 449
After tax
103 629
107 683
100 688
102 051
Living cost
31 705
31 705
31 705
31 705
Free-cash
71 924
75 978
68 983
70 346

Estimated living cost  is ₽31705 per week

₽21674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67792
₽65193
₽84465
₽65561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 325
income
-
-
-
18 032
pensions
-
-
-
14 750
unemployment
-
-
-
2 212
total
-
-
-
45 319
Employee

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

The minimum wage is 138,000 HUF per month.

25 574
10 178
123 431
-
income
3 126
1 244
15 089
-
pensions
2 557
1 018
12 343
-
health
1 790
712
8 640
-
unemployment
384
153
1 851
-
total
7 857
3 127
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.

25 574
10 178
123 431
-
pensions
4 987
1 985
24 069
-
total
4 987
1 985
24 069
-
Corporate
116 939
135 337
-
-
income
10 525
12 180
-
-
total
10 525
12 180
-
-
Dividends
106 415
123 157
-
-
social contributions
20 635
23 899
-
-
withholding
20 219
23 400
-
-
total
40 854
47 299
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 223
64 591
61 992
45 319
After tax
83 277
82 909
85 508
102 181
Living cost
17 716
17 716
17 716
17 716
Free-cash
65 561
65 193
67 792
84 465

Estimated living cost  is ₽17716 per week

₽12090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61405
₽94390
₽55450
₽88317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 175
income
-
-
-
19 765
pensions
-
-
-
29 500
total
-
-
-
68 440
Employee
27 730
-
110 239
-
income
3 122
-
21 254
-
pensions
555
-
2 206
-
unemployment
443
-
1 764
-
total
4 120
-
25 224
-
Employer
27 730
-
110 239
-
unemployment
223
-
881
-
health
3 604
-
14 332
-
pensions
5 546
-
22 048
-
total
9 373
-
37 261
-
Corporate
110 397
147 500
-
-
income
22 080
29 500
-
-
total
22 080
29 500
-
-
Dividends
88 317
118 000
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
35 573
29 500
62 485
68 440
After tax
111 927
118 000
85 015
79 060
Living cost
23 610
23 610
23 610
23 610
Free-cash
88 317
94 390
61 405
55 450

Estimated living cost  is ₽23610 per week

₽16194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57685
-₽9605
₽79369
₽8641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
39 755
pensions
-
-
-
4 076
total
-
-
-
46 578
Employee
33 904
-
131 297
-
income
4 651
-
29 551
-
pensions
3 818
-
7 474
-
health
3 882
-
15 034
-
total
12 351
-
52 059
-
Employer
33 904
-
131 297
-
unemployment
831
-
3 217
-
accident
566
-
2 193
-
pensions
5 513
-
10 793
-
total
6 910
-
16 203
-
Corporate
106 687
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.

96 018
132 750
-
-
total
96 018
132 750
-
-
Dividends
10 668
14 750
-
-
withholding
2 027
2 802
-
-
total
2 027
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
117 306
135 552
68 262
46 578
After tax
30 194
11 948
79 238
100 922
Living cost
21 553
21 553
21 553
21 553
Free-cash
8 641
-9 605
57 685
79 369

Estimated living cost  is ₽21553 per week

₽15796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109980
₽132105
₽138005
₽130601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
147 500
microenterprise

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

-
-
-
1 475
total
-
-
-
1 475
Employee
10 024
-
147 500
-
income
2 005
-
29 500
-
total
2 005
-
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%.

137 476
147 500
-
-
total
-
-
-
-
Dividends
137 476
147 500
-
-
withholding
6 874
7 375
-
-
total
6 874
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
8 879
7 375
29 500
1 475
After tax
138 621
140 125
118 000
146 025
Living cost
8 020
8 020
8 020
8 020
Free-cash
130 601
132 105
109 980
138 005

Estimated living cost  is ₽8020 per week

₽4970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58147
₽82324
₽52043
₽75722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
7 006
health
-
-
-
6 491
income
-
-
-
20 514
pensions

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

-
-
-
35 400
total
-
-
-
69 411
Employee
35 492
-
117 811
-
income
6 110
-
22 549
-
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.

2 484
-
8 245
-
health
497
-
1 649
-
unemployment
354
-
1 178
-
total
9 445
-
33 621
-
Employer
35 492
-
117 811
-
other
1 775
-
5 891
-
unemployment
354
-
1 178
-
health
497
-
1 649
-
accident
284
-
942
-
pensions

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

6 034
-
20 026
-
total
8 944
-
29 686
-
Corporate
103 063
147 500
-
-
income
21 644
30 974
-
-
total
21 644
30 974
-
-
Dividends
81 419
116 526
-
-
withholding
5 699
8 156
-
-
total
5 699
8 156
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 732
39 130
63 307
69 411
After tax
101 768
108 370
84 193
78 089
Living cost
26 046
26 046
26 046
26 046
Free-cash
75 722
82 324
58 147
52 043

Estimated living cost  is ₽26046 per week

₽18403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21348
₽34317
₽34826
₽32518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 720
pensions
-
-
-
8 247
total
-
-
-
47 967
Employee
91 551
-
129 062
-
income
16 503
-
30 735
-
health
1 509
-
1 961
-
pensions
8 832
-
10 311
-
total
26 844
-
43 007
-
Employer
91 551
-
129 062
-
health
1 739
-
2 453
-
pensions
10 810
-
15 985
-
total
12 549
-
18 438
-
Corporate
43 401
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.

8 246
28 024
-
-
total
8 246
28 024
-
-
Dividends
35 155
119 476
-
-
withholding
2 636
20 452
-
-
total
2 636
20 452
-
-
Income
147 500
147 500
147 500
147 500
Total tax
50 275
48 476
61 445
47 967
After tax
97 225
99 024
86 055
99 533
Living cost
64 707
64 707
64 707
64 707
Free-cash
32 518
34 317
21 348
34 826

Estimated living cost  is ₽64707 per week

₽48486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽109268
₽113461
₽103725
₽108981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 876
income
-
-
-
22 125
pensions

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

-
-
-
4 988
unemployment
-
-
-
135
total
-
-
-
31 124
Employee
16 752
-
140 887
-
income
1 675
-
14 088
-
accident

We are using the highest rate at 1.1%.

184
-
371
-
pensions

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

1 471
-
2 959
-
health
771
-
1 550
-
total
4 101
-
18 968
-
Employer
16 752
-
140 887
-
unemployment
100
-
202
-
health
1 156
-
2 326
-
accident

We are using the highest rate at 1.1%.

184
-
371
-
pensions

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

1 846
-
3 714
-
total
3 286
-
6 613
-
Corporate
127 461
147 500
-
-
income
12 746
14 750
-
-
total
12 746
14 750
-
-
Dividends
114 715
132 750
-
-
withholding
5 735
6 638
-
-
total
5 735
6 638
-
-
Income
147 500
147 500
147 500
147 500
Total tax
25 868
21 388
25 581
31 124
After tax
121 632
126 112
121 919
116 376
Living cost
12 651
12 651
12 651
12 651
Free-cash
108 981
113 461
109 268
103 725

Estimated living cost  is ₽12651 per week

₽7386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35271
₽18456
₽28945
₽20913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 054
income
-
-
-
40 844
pensions
-
-
-
11 453
total
-
-
-
64 351
Employee
90 626
83 474
129 334
-
income

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

13 663
13 663
16 353
-
pensions
11 453
11 453
11 453
-
health
11 306
10 898
12 054
-
total
36 422
36 014
39 860
-
Employer
90 626
83 474
129 334
-
unemployment
3 263
3 005
3 734
-
health
6 298
5 802
7 210
-
pensions
6 307
5 810
7 221
-
total
15 868
14 617
18 165
-
Corporate
41 006
49 409
-
-
income
8 201
9 881
-
-
total
8 201
9 881
-
-
Dividends
32 805
39 527
-
-
income
6 971
8 399
-
-
withholding
4 921
5 929
-
-
total
11 892
14 328
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 383
74 840
58 025
64 351
After tax
75 117
72 660
89 475
83 149
Living cost
54 204
54 204
54 204
54 204
Free-cash
20 913
18 456
35 271
28 945

Estimated living cost  is ₽54204 per week

₽39984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50827
₽77531
₽55043
₽68962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 569
health
-
-
-
19 912
income
-
-
-
13 953
solidarity contribution
-
-
-
-
total
-
-
-
68 434
Employee
35 329
-
110 075
-
social contributions
2 296
-
7 155
-
solidarity contribution
-
-
-
-
income
4 239
-
13 209
-
health
4 769
-
14 860
-
total
11 304
-
35 224
-
Employer
35 329
-
110 075
-
health
3 180
-
9 907
-
social contributions
8 832
-
27 519
-
total
12 012
-
37 426
-
Corporate
100 160
147 500
-
-
income
19 030
28 025
-
-
total
19 030
28 025
-
-
Dividends
81 129
119 475
-
-
withholding
12 169
17 921
-
-
total
12 169
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
54 515
45 946
72 650
68 434
After tax
92 985
101 554
74 850
79 066
Living cost
24 023
24 023
24 023
24 023
Free-cash
68 962
77 531
50 827
55 043

Estimated living cost  is ₽24023 per week

₽16687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23897
₽37451
₽30692
₽32346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
37 936
national
-
-
-
35 033
regional
-
-
-
1 715
municipal
-
-
-
877
total
-
-
-
75 561
Employee
86 874
-
147 500
-
social contributions
29 294
-
49 738
-
municipal
460
-
783
-
national
15 053
-
30 323
-
regional
820
-
1 512
-
total
45 627
-
82 356
-
Employer
86 874
-
147 500
-
total
-
-
-
-
Corporate
60 626
147 500
-
-
nationa
14 550
35 400
-
-
municipal
2 365
5 752
-
-
total
16 915
41 152
-
-
Dividends
43 711
106 347
-
-
withholding
11 365
27 650
-
-
total
11 365
27 650
-
-
Income
147 500
147 500
147 500
147 500
Total tax
73 907
68 802
82 356
75 561
After tax
73 593
78 698
65 144
71 939
Living cost
41 247
41 247
41 247
41 247
Free-cash
32 346
37 451
23 897
30 692

Estimated living cost  is ₽41247 per week

₽28752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2705
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.
₽9156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43776
₽71208
₽48426
₽68165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
-
health
-
-
-
9 262
income
-
-
-
36 638
pensions
-
-
-
26 092
surtax
-
-
-
5 289
unemployment
-
-
-
223
total
-
-
-
77 504
Employee
32 325
-
121 851
-
surtax
106
-
4 556
-
income
5 418
-
32 234
-
other
-
-
-
-
pensions
2 155
-
8 127
-
health
825
-
3 107
-
unemployment
2 250
-
8 481
-
total
10 754
-
56 505
-
Employer
32 325
-
121 851
-
other
-
-
-
-
unemployment
1 024
-
3 862
-
health
1 471
-
5 545
-
pensions
4 309
-
16 242
-
total
6 804
-
25 649
-
Corporate
108 371
147 500
-
-
income
28 177
38 350
-
-
total
28 177
38 350
-
-
Dividends
80 194
109 150
-
-
withholding
12 030
16 372
-
-
total
12 030
16 372
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 765
54 722
82 154
77 504
After tax
89 735
92 778
65 346
69 996
Living cost
21 570
21 570
21 570
21 570
Free-cash
68 165
71 208
43 776
48 426

Estimated living cost  is ₽21570 per week

₽13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41849
₽54818
₽55327
₽58695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 720
pensions
-
-
-
8 247
total
-
-
-
47 967
Employee
61 355
-
129 062
-
income
11 050
-
30 735
-
health
891
-
1 961
-
pensions
5 208
-
10 311
-
total
17 149
-
43 007
-
Employer
61 355
-
129 062
-
health
1 166
-
2 453
-
pensions
6 642
-
15 985
-
total
7 808
-
18 438
-
Corporate
78 338
147 500
-
-
income

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

14 884
28 024
-
-
total
14 884
28 024
-
-
Dividends
63 454
119 476
-
-
withholding
4 758
20 452
-
-
total
4 758
20 452
-
-
Income
147 500
147 500
147 500
147 500
Total tax
44 599
48 476
61 445
47 967
After tax
102 901
99 024
86 055
99 533
Living cost
44 206
44 206
44 206
44 206
Free-cash
58 695
54 818
41 849
55 327

Estimated living cost  is ₽44206 per week

₽33119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽34763
-₽11535
₽41928
₽22260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other

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

-
-
-
2 950
health
-
-
-
333
pensions
-
-
-
13 571
city
-
-
-
1 554
national
-
-
-
1 735
regional
-
-
-
6 447
total
-
-
-
26 590
Employee
92 429
-
132 020
-
national
437
-
1 394
-
city
992
-
1 418
-
pensions
7 765
-
11 090
-
health
209
-
296
-
regional
3 027
-
5 530
-
unemployment
-
-
-
-
total
12 430
-
19 728
-
Employer
92 429
-
132 020
-
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.

1 848
-
2 641
-
unemployment
-
-
-
-
health
209
-
296
-
pensions
7 765
-
11 090
-
total
9 822
-
14 027
-
Corporate
44 232
147 500
-
-
regional
9 356
31 197
-
-
national
3 759
12 539
-
-
total
13 115
43 736
-
-
Dividends
31 117
103 764
-
-
withholding
10 891
36 317
-
-
total
10 891
36 317
-
-
Income
147 500
147 500
147 500
147 500
Total tax
46 258
80 053
33 755
26 590
After tax
101 242
67 447
113 745
120 910
Living cost
78 982
78 982
78 982
78 982
Free-cash
22 260
-11 535
34 763
41 928

Estimated living cost  is ₽78982 per week

₽51361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽970
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50826
₽28137
₽33324
₽43987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 678
income

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

-
-
-
42 858
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.

-
-
-
2 358
trade
-
-
-
17 502
total
-
-
-
69 396
Employee

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

58 746
-
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.

380
-
2 358
-
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.

6 908
-
42 858
-
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.

6 678
-
6 678
-
total
13 966
-
51 894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 754
147 500
-
-
chamber of commerce
273
356
-
-
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.

733
1 217
-
-
trade
15 222
25 296
-
-
income
13 313
22 124
-
-
total
29 541
48 993
-
-
Dividends
59 214
98 506
-
-
surtax

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

794
1 334
-
-
withholding
14 432
24 256
-
-
total
15 226
25 590
-
-
Income
147 500
147 500
147 500
147 500
Total tax
58 733
74 583
51 894
69 396
After tax
88 767
72 917
95 606
78 104
Living cost
44 780
44 780
44 780
44 780
Free-cash
43 987
28 137
50 826
33 324

Estimated living cost  is ₽44780 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and 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 Munich model

Close
Nice , France
₽50379
₽40899
₽50075
₽46669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
4 573
social contributions
-
-
-
4 203
health
-
-
-
5 467
income
-
-
-
21 085
pensions
-
-
-
28 654
surtax
-
-
-
-
total
-
-
-
63 982
Employee
41 835
-
115 669
-
surtax
-
-
-
-
social contributions
1 193
-
3 294
-
income
2 469
-
21 144
-
pensions
4 730
-
7 413
-
total
8 392
-
31 851
-
Employer
41 835
-
115 669
-
other
1 443
-
4 245
-
unemployment
1 694
-
4 684
-
health
2 929
-
9 957
-
pensions
6 873
-
12 594
-
social contributions
126
-
347
-
total
13 065
-
31 827
-
Corporate
92 600
147 500
-
-
surtax
-
-
-
-
income
25 927
41 299
-
-
total
25 927
41 299
-
-
Dividends
66 673
106 201
-
-
social contributions
11 469
18 266
-
-
surtax
-
-
-
-
withholding
8 535
13 593
-
-
total
20 004
31 859
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 388
73 158
63 678
63 982
After tax
80 112
74 342
83 822
83 518
Living cost
33 443
33 443
33 443
33 443
Free-cash
46 669
40 899
50 379
50 075

Estimated living cost  is ₽33443 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
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.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53692
₽44212
₽53388
₽49643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
4 573
social contributions
-
-
-
4 203
health
-
-
-
5 467
income
-
-
-
21 085
pensions
-
-
-
28 654
surtax
-
-
-
-
total
-
-
-
63 982
Employee
37 344
-
115 669
-
surtax
-
-
-
-
social contributions
1 065
-
3 294
-
income
1 925
-
21 144
-
pensions
4 224
-
7 413
-
total
7 214
-
31 851
-
Employer
37 344
-
115 669
-
other
1 289
-
4 245
-
unemployment
1 512
-
4 684
-
health
2 614
-
9 957
-
pensions
6 136
-
12 594
-
social contributions
111
-
347
-
total
11 662
-
31 827
-
Corporate
98 494
147 500
-
-
surtax
-
-
-
-
income
27 578
41 299
-
-
total
27 578
41 299
-
-
Dividends
70 916
106 201
-
-
social contributions
12 197
18 266
-
-
surtax
-
-
-
-
withholding
9 076
13 593
-
-
total
21 273
31 859
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 727
73 158
63 678
63 982
After tax
79 773
74 342
83 822
83 518
Living cost
30 130
30 130
30 130
30 130
Free-cash
49 643
44 212
53 692
53 388

Estimated living cost  is ₽30130 per week

₽17474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3061
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71682
₽69261
₽73998
₽69770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 355
health
-
-
-
10 295
income
-
-
-
22 124
total
-
-
-
52 774
Employee
33 143
-
147 500
-
social contributions
4 574
-
20 355
-
income
5 528
-
24 441
-
health
2 313
-
10 295
-
total
12 415
-
55 091
-
Employer
33 143
-
147 500
-
total
-
-
-
-
Corporate
114 357
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%.

5 717
7 375
-
-
total
5 717
7 375
-
-
Dividends
108 640
140 125
-
-
social contributions
14 992
19 336
-
-
withholding
16 296
21 019
-
-
health
7 583
9 781
-
-
total
38 871
50 136
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 003
57 511
55 091
52 774
After tax
90 497
89 989
92 409
94 726
Living cost
20 728
20 728
20 728
20 728
Free-cash
69 770
69 261
71 682
73 998

Estimated living cost  is ₽20728 per week

₽13872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3934
₽47403
₽41194
₽45893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 735
income
-
-
-
35 224
chamber of commerce
-
-
-
590
pensions
-
-
-
21 126
surtax
-
-
-
193
unemployment
-
-
-
5 995
total
-
-
-
71 863
Employee
48 851
38 955
114 424
-
income
5 561
2 873
27 686
-
other
488
390
1 143
-
pensions
5 003
3 988
11 694
-
health
1 890
1 508
4 419
-
unemployment
1 465
1 169
3 426
-
total
14 407
9 928
48 368
-
Employer
48 851
38 955
114 424
-
other
2 321
1 849
5 433
-
unemployment
1 465
1 169
3 426
-
health
1 846
1 473
4 317
-
surtax
193
193
193
-
accident
634
506
1 484
-
pensions
6 131
4 890
14 332
-
payroll
1 465
1 169
3 434
-
chamber of commerce
195
156
458
-
total
14 250
11 405
33 077
-
Corporate
84 399
97 141
110 714
-
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.

21 100
24 285
27 678
-
total
21 100
24 285
27 678
-
Dividends
63 299
72 856
-
-
withholding
17 407
20 036
-
-
total
17 407
20 036
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 164
65 654
109 123
71 863
After tax
80 336
81 846
38 377
75 637
Living cost
34 443
34 443
34 443
34 443
Free-cash
45 893
47 403
3 934
41 194

Estimated living cost  is ₽34443 per week

₽22972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17669
₽46903
₽28735
₽32244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 032
communal

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

-
-
-
7 468
national
-
-
-
52 624
total
-
-
-
83 124
Employee

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

69 921
-
114 244
-
national
21 496
-
40 045
-
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.

5 244
-
8 568
-
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.

3 285
-
5 368
-
communal

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

3 647
-
5 958
-
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.

608
-
994
-
total
34 280
-
60 933
-
Employer

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

69 921
-
114 244
-
unemployment

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

1 020
-
1 668
-
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.

4 300
-
7 025
-
surtax
7 928
-
12 955
-
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.

909
-
1 486
-
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.

6 196
-
10 123
-
total
20 353
-
33 257
-
Corporate
57 226
147 500
-
-
surtax
228
590
-
-
income
11 445
29 500
-
-
total
11 673
30 090
-
-
Dividends
45 553
117 410
-
-
withholding

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

13 309
34 866
-
-
total
13 309
34 866
-
-
Income
147 500
147 500
147 500
147 500
Total tax
79 615
64 956
94 190
83 124
After tax
67 885
82 544
53 310
64 376
Living cost
35 641
35 641
35 641
35 641
Free-cash
32 244
46 903
17 669
28 735

Estimated living cost  is ₽35641 per week

₽22957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽43652
₽63317
₽47752
₽56179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
91
accident
-
-
-
816
income
-
-
-
37 266
pensions
-
-
-
25 640
unemployment
-
-
-
634
total
-
-
-
64 447
Employee
48 657
-
118 616
-
income
10 266
-
33 910
-
other
48
-
91
-
pensions
2 287
-
4 259
-
unemployment
755
-
1 404
-
total
13 356
-
39 664
-
Employer
48 657
-
118 616
-
other
388
-
725
-
unemployment
2 677
-
4 982
-
accident
963
-
1 794
-
pensions
11 482
-
21 382
-
total
15 510
-
28 883
-
Corporate
83 333
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.

12 501
22 124
-
-
total
12 501
22 124
-
-
Dividends
70 832
125 376
-
-
withholding
14 653
26 758
-
-
total
14 653
26 758
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 020
48 882
68 547
64 447
After tax
91 480
98 618
78 953
83 053
Living cost
35 301
35 301
35 301
35 301
Free-cash
56 179
63 317
43 652
47 752

Estimated living cost  is ₽35301 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28447
₽34545
₽22570
₽23312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 362
accident
-
-
-
1 243
income
-
-
-
21 463
pensions
-
-
-
22 108
communal
-
-
-
9 321
surtax
-
-
-
7 312
total
-
-
-
71 809
Employee
74 025
-
131 755
-
surtax
4 537
-
8 075
-
income
7 150
-
25 708
-
pensions
5 921
-
10 540
-
health
3 294
-
5 864
-
total
20 902
-
50 187
-
Employer
74 025
-
131 755
-
health
2 258
-
4 020
-
accident
666
-
1 185
-
pensions
5 921
-
10 540
-
total
8 845
-
15 745
-
Corporate
64 631
147 500
-
-
surtax
679
1 549
-
-
income
9 694
22 124
-
-
communal
4 363
9 956
-
-
total
14 736
33 629
-
-
Dividends
49 895
113 871
-
-
income
19 099
9 124
-
-
withholding
7 485
17 081
-
-
total
26 584
26 205
-
-
Income
147 500
147 500
147 500
147 500
Total tax
71 067
59 834
65 932
71 809
After tax
76 433
87 666
81 568
75 691
Living cost
53 121
53 121
53 121
53 121
Free-cash
23 312
34 545
28 447
22 570

Estimated living cost  is ₽53121 per week

₽39849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43390
₽70822
₽48040
₽67711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
-
health
-
-
-
9 262
income
-
-
-
36 638
pensions
-
-
-
26 092
surtax
-
-
-
5 289
unemployment
-
-
-
223
total
-
-
-
77 504
Employee
32 919
-
121 851
-
surtax
117
-
4 556
-
income
5 519
-
32 234
-
other
-
-
-
-
pensions
2 196
-
8 127
-
health
840
-
3 107
-
unemployment
2 291
-
8 481
-
total
10 963
-
56 505
-
Employer
32 919
-
121 851
-
other
-
-
-
-
unemployment
1 044
-
3 862
-
health
1 497
-
5 545
-
pensions
4 389
-
16 242
-
total
6 930
-
25 649
-
Corporate
107 651
147 500
-
-
income
27 990
38 350
-
-
total
27 990
38 350
-
-
Dividends
79 661
109 150
-
-
withholding
11 950
16 372
-
-
total
11 950
16 372
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 833
54 722
82 154
77 504
After tax
89 667
92 778
65 346
69 996
Living cost
21 956
21 956
21 956
21 956
Free-cash
67 711
70 822
43 390
48 040

Estimated living cost  is ₽21956 per week

₽13256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38340
₽51197
₽45097
₽49026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
37 936
national
-
-
-
35 033
regional
-
-
-
2 225
municipal
-
-
-
877
total
-
-
-
76 071
Employee
54 223
-
147 500
-
social contributions
18 285
-
49 738
-
municipal
288
-
783
-
national
8 590
-
30 323
-
regional
730
-
1 984
-
total
27 893
-
82 828
-
Employer
54 223
-
147 500
-
total
-
-
-
-
Corporate
93 277
147 500
-
-
nationa
22 386
35 400
-
-
municipal
4 636
7 331
-
-
total
27 022
42 731
-
-
Dividends
66 255
104 769
-
-
withholding
17 227
27 240
-
-
total
17 227
27 240
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 142
69 971
82 828
76 071
After tax
75 358
77 529
64 672
71 429
Living cost
26 332
26 332
26 332
26 332
Free-cash
49 026
51 197
38 340
45 097

Estimated living cost  is ₽26332 per week

₽16376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2667
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.
₽6837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45247
₽71951
₽49463
₽61390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 569
health
-
-
-
19 912
income
-
-
-
13 953
solidarity contribution
-
-
-
-
total
-
-
-
68 434
Employee
43 534
-
110 075
-
social contributions
2 830
-
7 155
-
solidarity contribution
-
-
-
-
income
5 224
-
13 209
-
health
5 877
-
14 860
-
total
13 931
-
35 224
-
Employer
43 534
-
110 075
-
health
3 918
-
9 907
-
social contributions
10 884
-
27 519
-
total
14 802
-
37 426
-
Corporate
89 164
147 500
-
-
income
16 941
28 025
-
-
total
16 941
28 025
-
-
Dividends
72 223
119 475
-
-
withholding
10 833
17 921
-
-
total
10 833
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 507
45 946
72 650
68 434
After tax
90 993
101 554
74 850
79 066
Living cost
29 603
29 603
29 603
29 603
Free-cash
61 390
71 951
45 247
49 463

Estimated living cost  is ₽29603 per week

₽22015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽7252
₽50765
₽44644
₽50280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 735
income
-
-
-
35 224
chamber of commerce
-
-
-
590
pensions
-
-
-
21 126
surtax
-
-
-
-
unemployment
-
-
-
5 995
total
-
-
-
71 670
Employee
42 729
38 955
114 604
-
income
3 806
2 873
27 762
-
other
427
390
1 143
-
pensions
4 376
3 988
11 694
-
health
1 653
1 508
4 419
-
unemployment
1 282
1 169
3 426
-
total
11 544
9 928
48 444
-
Employer
42 729
38 955
114 604
-
other
2 029
1 849
5 439
-
unemployment
1 282
1 169
3 426
-
health
1 616
1 473
4 317
-
surtax
-
-
-
-
accident
555
506
1 484
-
pensions
5 363
4 890
14 332
-
payroll
1 282
1 169
3 437
-
chamber of commerce
171
156
458
-
total
12 298
11 212
32 893
-
Corporate
92 474
97 334
110 897
-
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.

23 119
24 334
27 725
-
total
23 119
24 334
27 725
-
Dividends
69 356
73 000
-
-
withholding
19 073
20 075
-
-
total
19 073
20 075
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 034
65 549
109 062
71 670
After tax
81 466
81 951
38 438
75 830
Living cost
31 186
31 186
31 186
31 186
Free-cash
50 280
50 765
7 252
44 644

Estimated living cost  is ₽31186 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105503
₽127628
₽133528
₽125284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 622
-
147 500
-
income
3 125
-
29 500
-
total
3 125
-
29 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

131 878
147 500
-
-
total
-
-
-
-
Dividends
131 878
147 500
-
-
withholding
6 594
7 375
-
-
total
6 594
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
9 719
7 375
29 500
1 475
After tax
137 781
140 125
118 000
146 025
Living cost
12 497
12 497
12 497
12 497
Free-cash
125 284
127 628
105 503
133 528

Estimated living cost  is ₽12497 per week

₽8457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43168
₽75335
₽47073
₽67160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 513
income
-
-
-
32 536
pensions
-
-
-
26 938
unemployment
-
-
-
221
total
-
-
-
74 208
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.

43 225
-
127 628
-
income
7 454
-
30 037
-
pensions
6 700
-
19 782
-
health
2 792
-
8 245
-
unemployment
61
-
178
-
total
17 007
-
58 242
-
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.

43 225
-
127 628
-
unemployment
26
-
76
-
health
2 879
-
8 500
-
pensions
3 825
-
11 295
-
total
6 730
-
19 871
-
Corporate
97 545
147 500
-
-
income
18 533
28 025
-
-
total
18 533
28 025
-
-
Dividends
79 012
119 475
-
-
withholding
11 851
17 921
-
-
total
11 851
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
54 121
45 946
78 113
74 208
After tax
93 379
101 554
69 387
73 292
Living cost
26 219
26 219
26 219
26 219
Free-cash
67 160
75 335
43 168
47 073

Estimated living cost  is ₽26219 per week

₽17993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89229
₽45083
₽57278
-₽6812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
64 030
-
-
-
social contributions
5 250
-
748
-
income
14 124
-
-
-
total
19 374
-
748
-
Employer
64 030
-
-
-
social contributions
90 282
-
12 867
-
total
90 282
-
12 867
-
Corporate
-
147 500
-
-
income
-
32 450
-
-
total
-
32 450
-
-
Dividends
-
115 050
-
-
income
-
25 311
-
-
total
-
25 311
-
-
Income
147 500
147 500
147 500
147 500
Total tax
109 656
57 761
13 615
45 566
After tax
37 844
89 739
133 885
101 934
Living cost
44 656
44 656
44 656
44 656
Free-cash
-6 812
45 083
89 229
57 278

Estimated living cost  is ₽44656 per week

₽28974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4200
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.
₽10912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38734
₽53238
₽49195
₽52253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
51 257
income
-
-
-
16 387
surtax
-
-
-
-
total
-
-
-
67 644
Employee
44 957
-
119 191
-
surtax
-
-
-
-
social contributions
4 945
-
13 111
-
income
9 351
-
36 687
-
total
14 296
-
49 798
-
Employer
44 957
-
119 191
-
social contributions
10 677
-
28 307
-
total
10 677
-
28 307
-
Corporate
91 866
147 500
-
-
surtax
-
-
-
-
income
19 292
30 974
-
-
total
19 292
30 974
-
-
Dividends
72 574
116 526
-
-
withholding
20 321
32 627
-
-
total
20 321
32 627
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 586
63 601
78 105
67 644
After tax
82 914
83 899
69 395
79 856
Living cost
30 661
30 661
30 661
30 661
Free-cash
52 253
53 238
38 734
49 195

Estimated living cost  is ₽30661 per week

₽22941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36610
₽27130
₽36306
₽33847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
4 573
social contributions
-
-
-
4 203
health
-
-
-
5 467
income
-
-
-
21 085
pensions
-
-
-
28 654
surtax
-
-
-
-
total
-
-
-
63 982
Employee
61 222
-
115 669
-
surtax
-
-
-
-
social contributions
1 744
-
3 294
-
income
5 342
-
21 144
-
pensions
6 925
-
7 413
-
total
14 011
-
31 851
-
Employer
61 222
-
115 669
-
other
2 113
-
4 245
-
unemployment
2 480
-
4 684
-
health
4 285
-
9 957
-
pensions
10 060
-
12 594
-
social contributions
184
-
347
-
total
19 122
-
31 827
-
Corporate
67 156
147 500
-
-
surtax
-
-
-
-
income
18 804
41 299
-
-
total
18 804
41 299
-
-
Dividends
48 352
106 201
-
-
social contributions
8 316
18 266
-
-
surtax
-
-
-
-
withholding
6 188
13 593
-
-
total
14 504
31 859
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 441
73 158
63 678
63 982
After tax
81 059
74 342
83 822
83 518
Living cost
47 212
47 212
47 212
47 212
Free-cash
33 847
27 130
36 610
36 306

Estimated living cost  is ₽47212 per week

₽31952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84016
₽103366
₽80097
₽100083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
5 569
social contributions
-
-
-
32 451
total
-
-
-
38 020
Employee
31 425
-
127 705
-
income
-
-
6 005
-
social contributions
2 042
-
8 301
-
total
2 042
-
14 306
-
Employer
31 425
-
127 705
-
social contributions
4 871
-
19 795
-
total
4 871
-
19 795
-
Corporate
111 203
147 500
-
-
income
11 121
14 751
-
-
total
11 121
14 751
-
-
Dividends
100 083
132 749
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
18 034
14 751
34 101
38 020
After tax
129 466
132 749
113 399
109 480
Living cost
29 383
29 383
29 383
29 383
Free-cash
100 083
103 366
84 016
80 097

Estimated living cost  is ₽29383 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2215
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.
₽7617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64253
-₽64253
₽41556
-₽64253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
labour market
-
-
-
11 733
pensions
-
-
-
842
national
-
-
-
16 542
municipal
-
-
-
30 021
total
-
-
-
59 138
Employee
197 557
197 557
197 557
-
labour market
15 782
15 782
15 782
-
municipal
42 069
42 069
42 069
-
national
24 135
24 135
24 135
-
pensions
281
281
281
-
total
82 267
82 267
82 267
-
Employer
197 557
197 557
197 557
-
national
24 177
24 177
24 177
-
labour market
15 805
15 805
15 805
-
pensions
562
562
562
-
municipal
42 136
42 136
42 136
-
total
82 680
82 680
82 680
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
164 947
164 947
164 947
59 138
After tax
-17 447
-17 447
-17 447
88 362
Living cost
46 806
46 806
46 806
46 806
Free-cash
-64 253
-64 253
-64 253
41 556

Estimated living cost  is ₽46806 per week

₽32035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽720
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58003
-₽9287
₽79687
₽8688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
39 755
pensions
-
-
-
4 076
total
-
-
-
46 578
Employee
33 404
-
131 297
-
income
4 583
-
29 551
-
pensions
3 762
-
7 474
-
health
3 825
-
15 034
-
total
12 170
-
52 059
-
Employer
33 404
-
131 297
-
unemployment
819
-
3 217
-
accident
558
-
2 193
-
pensions
5 431
-
10 793
-
total
6 808
-
16 203
-
Corporate
107 288
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.

96 560
132 750
-
-
total
96 560
132 750
-
-
Dividends
10 729
14 750
-
-
withholding
2 039
2 802
-
-
total
2 039
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
117 577
135 552
68 262
46 578
After tax
29 923
11 948
79 238
100 922
Living cost
21 235
21 235
21 235
21 235
Free-cash
8 688
-9 287
58 003
79 687

Estimated living cost  is ₽21235 per week

₽15457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41417
₽56429
₽61194
₽58294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
health
-
-
-
1 864
national
-
-
-
20 698
municipal
-
-
-
26 215
total
-
-
-
48 777
Employee
51 428
-
124 085
-
municipal
8 423
-
20 223
-
national
850
-
13 177
-
pensions
3 471
-
8 375
-
health
384
-
1 503
-
unemployment
772
-
1 861
-
total
13 900
-
45 139
-
Employer
51 428
-
124 085
-
unemployment
334
-
807
-
health
395
-
955
-
accident
52
-
124
-
pensions
8 922
-
21 529
-
total
9 703
-
23 415
-
Corporate
86 369
147 500
-
-
income
17 274
29 500
-
-
total
17 274
29 500
-
-
Dividends

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

51 821
88 500
-
-
national
1 471
8 111
-
-
municipal
9 329
15 931
-
-
total
10 800
24 042
-
-
Income
147 500
147 500
147 500
147 500
Total tax
51 677
53 542
68 554
48 777
After tax
95 823
93 958
78 946
98 723
Living cost
37 529
37 529
37 529
37 529
Free-cash
58 294
56 429
41 417
61 194

Estimated living cost  is ₽37529 per week

₽24514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78056
₽85051
₽79419
₽79731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 816
health
-
-
-
3 762
income
-
-
-
25 871
total
-
-
-
45 449
Employee
75 165
75 165
136 559
-
social contributions
2 842
6 238
8 414
-
income
8 184
6 958
25 137
-
health
582
1 278
2 321
-
total
11 608
14 474
35 872
-
Employer
75 165
75 165
136 559
-
health
633
1 391
2 526
-
social contributions
2 842
6 238
8 414
-
total
3 475
7 629
10 940
-
Corporate
109 785
64 706
-
-
income
13 723
8 088
-
-
total
13 723
8 088
-
-
Dividends
96 062
56 618
-
-
withholding
16 331
9 626
-
-
total
16 331
9 626
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 137
39 817
46 812
45 449
After tax
102 363
107 683
100 688
102 051
Living cost
22 632
22 632
22 632
22 632
Free-cash
79 731
85 051
78 056
79 419

Estimated living cost  is ₽22632 per week

₽13564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87787
₽106626
₽107394
₽101651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 537
income
-
-
-
14 803
pensions
-
-
-
6 218
unemployment
-
-
-
28
total
-
-
-
24 586
Employee

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

22 437
-
137 947
-
income
1 534
-
12 380
-
pensions
3 365
-
13 912
-
health
1 907
-
7 884
-
unemployment
111
-
464
-
total
6 917
-
34 640
-
Employer

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

22 437
-
137 947
-
unemployment
111
-
464
-
health
965
-
3 988
-
pensions
1 234
-
5 101
-
total
2 310
-
9 553
-
Corporate
122 754
147 500
-
-
income
11 048
13 274
-
-
total
11 048
13 274
-
-
Dividends
111 705
134 226
-
-
withholding
10 054
12 080
-
-
total
10 054
12 080
-
-
Income
147 500
147 500
147 500
147 500
Total tax
30 329
25 354
44 193
24 586
After tax
117 171
122 146
103 307
122 914
Living cost
15 520
15 520
15 520
15 520
Free-cash
101 651
106 626
87 787
107 394

Estimated living cost  is ₽15520 per week

₽9902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52073
₽71738
₽56173
₽67262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
91
accident
-
-
-
816
income
-
-
-
37 266
pensions
-
-
-
25 640
unemployment
-
-
-
634
total
-
-
-
64 447
Employee
36 144
-
118 616
-
income
6 968
-
33 910
-
other
35
-
91
-
pensions
1 699
-
4 259
-
unemployment
560
-
1 404
-
total
9 262
-
39 664
-
Employer
36 144
-
118 616
-
other
289
-
725
-
unemployment
1 989
-
4 982
-
accident
716
-
1 794
-
pensions
8 529
-
21 382
-
total
11 523
-
28 883
-
Corporate
99 833
147 500
-
-
income

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

14 975
22 124
-
-
total
14 975
22 124
-
-
Dividends
84 858
125 376
-
-
withholding
17 598
26 758
-
-
total
17 598
26 758
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 358
48 882
68 547
64 447
After tax
94 142
98 618
78 953
83 053
Living cost
26 880
26 880
26 880
26 880
Free-cash
67 262
71 738
52 073
56 173

Estimated living cost  is ₽26880 per week

₽18144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92873
₽90229
₽93000
₽89931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
958
income
-
-
-
50 410
pensions
-
-
-
1 321
total
-
-
-
52 689
Employee
2 758
-
146 014
-
income
534
-
50 340
-
pensions
248
-
594
-
health
138
-
330
-
unemployment
28
-
66
-
total
948
-
51 330
-
Employer
2 758
-
146 014
-
unemployment
55
-
132
-
health
262
-
627
-
pensions
303
-
727
-
total
620
-
1 486
-
Corporate
144 121
147 500
-
-
income
31 707
32 450
-
-
total
31 707
32 450
-
-
Dividends
112 414
115 050
-
-
withholding
22 483
23 010
-
-
total
22 483
23 010
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 758
55 460
52 816
52 689
After tax
91 742
92 040
94 684
94 811
Living cost
1 811
1 811
1 811
1 811
Free-cash
89 931
90 229
92 873
93 000

Estimated living cost  is ₽1811 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70588
₽89703
₽70589
₽84904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 424
income
-
-
-
32 801
pensions
-
-
-
18 739
unemployment
-
-
-
1 081
total
-
-
-
60 045
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.

25 432
-
134 599
-
income
3 506
-
32 801
-
pensions
3 560
-
10 090
-
health
1 310
-
3 712
-
unemployment
191
-
541
-
total
8 567
-
47 144
-
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.

25 432
-
134 599
-
unemployment
191
-
541
-
health
1 310
-
3 712
-
pensions
3 052
-
8 649
-
total
4 553
-
12 902
-
Corporate
117 515
147 500
-
-
income
17 627
22 125
-
-
total
17 627
22 125
-
-
Dividends
99 888
125 375
-
-
withholding
14 983
18 806
-
-
total
14 983
18 806
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 730
40 931
60 046
60 045
After tax
101 770
106 569
87 454
87 455
Living cost
16 866
16 866
16 866
16 866
Free-cash
84 904
89 703
70 588
70 589

Estimated living cost  is ₽16866 per week

₽11356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43042
₽57546
₽53503
₽57194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
51 257
income
-
-
-
16 387
surtax
-
-
-
-
total
-
-
-
67 644
Employee
37 939
-
119 191
-
surtax
-
-
-
-
social contributions
4 174
-
13 111
-
income
7 413
-
36 687
-
total
11 587
-
49 798
-
Employer
37 939
-
119 191
-
social contributions
9 010
-
28 307
-
total
9 010
-
28 307
-
Corporate
100 552
147 500
-
-
surtax
-
-
-
-
income
21 115
30 974
-
-
total
21 115
30 974
-
-
Dividends
79 436
116 526
-
-
withholding
22 241
32 627
-
-
total
22 241
32 627
-
-
Income
147 500
147 500
147 500
147 500
Total tax
63 953
63 601
78 105
67 644
After tax
83 547
83 899
69 395
79 856
Living cost
26 353
26 353
26 353
26 353
Free-cash
57 194
57 546
43 042
53 503

Estimated living cost  is ₽26353 per week

₽18665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44599
₽64264
₽48699
₽57461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
91
accident
-
-
-
816
income
-
-
-
37 266
pensions
-
-
-
25 640
unemployment
-
-
-
634
total
-
-
-
64 447
Employee
47 209
-
118 616
-
income
9 860
-
33 910
-
other
46
-
91
-
pensions
2 219
-
4 259
-
unemployment
731
-
1 404
-
total
12 856
-
39 664
-
Employer
47 209
-
118 616
-
other
378
-
725
-
unemployment
2 597
-
4 982
-
accident
935
-
1 794
-
pensions
11 141
-
21 382
-
total
15 051
-
28 883
-
Corporate
85 240
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.

12 786
22 124
-
-
total
12 786
22 124
-
-
Dividends
72 454
125 376
-
-
withholding
14 992
26 758
-
-
total
14 992
26 758
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 685
48 882
68 547
64 447
After tax
91 815
98 618
78 953
83 053
Living cost
34 354
34 354
34 354
34 354
Free-cash
57 461
64 264
44 599
48 699

Estimated living cost  is ₽34354 per week

₽24671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105320
₽109513
₽99777
₽103632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 876
income
-
-
-
22 125
pensions

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

-
-
-
4 988
unemployment
-
-
-
135
total
-
-
-
31 124
Employee
21 979
-
140 887
-
income
2 198
-
14 088
-
accident

We are using the highest rate at 1.1%.

242
-
371
-
pensions

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

1 930
-
2 959
-
health
1 011
-
1 550
-
total
5 381
-
18 968
-
Employer
21 979
-
140 887
-
unemployment
132
-
202
-
health
1 517
-
2 326
-
accident

We are using the highest rate at 1.1%.

242
-
371
-
pensions

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

2 422
-
3 714
-
total
4 313
-
6 613
-
Corporate
121 209
147 500
-
-
income
12 121
14 750
-
-
total
12 121
14 750
-
-
Dividends
109 087
132 750
-
-
withholding
5 454
6 638
-
-
total
5 454
6 638
-
-
Income
147 500
147 500
147 500
147 500
Total tax
27 269
21 388
25 581
31 124
After tax
120 231
126 112
121 919
116 376
Living cost
16 599
16 599
16 599
16 599
Free-cash
103 632
109 513
105 320
99 777

Estimated living cost  is ₽16599 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57868
₽38215
₽43223
₽50999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 678
income

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

-
-
-
42 858
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.

-
-
-
2 358
trade
-
-
-
14 645
total
-
-
-
66 539
Employee

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

48 636
-
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.

221
-
2 358
-
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.

3 999
-
42 858
-
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.

6 678
-
6 678
-
total
10 898
-
51 894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 864
147 500
-
-
chamber of commerce
293
365
-
-
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.

816
1 217
-
-
trade
14 187
21 165
-
-
income
14 829
22 124
-
-
total
30 125
44 871
-
-
Dividends
68 739
102 628
-
-
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.

926
1 391
-
-
withholding
16 814
25 285
-
-
total
17 740
26 676
-
-
Income
147 500
147 500
147 500
147 500
Total tax
58 763
71 547
51 894
66 539
After tax
88 737
75 953
95 606
80 961
Living cost
37 738
37 738
37 738
37 738
Free-cash
50 999
38 215
57 868
43 223

Estimated living cost  is ₽37738 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4061
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24938
₽47569
₽24938
₽49726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
42 843
social contributions
-
-
-
24 037
total
-
-
-
66 880
Employee
76 462
-
147 500
-
income
14 428
-
42 843
-
social contributions
6 352
-
24 037
-
total
20 780
-
66 880
-
Employer
76 462
-
147 500
-
total
-
-
-
-
Corporate
71 038
147 500
-
-
income
8 880
18 437
-
-
total
8 880
18 437
-
-
Dividends
62 158
129 063
-
-
withholding
12 432
25 812
-
-
total
12 432
25 812
-
-
Income
147 500
147 500
147 500
147 500
Total tax
42 092
44 249
66 880
66 880
After tax
105 408
103 251
80 620
80 620
Living cost
55 682
55 682
55 682
55 682
Free-cash
49 726
47 569
24 938
24 938

Estimated living cost  is ₽55682 per week

₽42362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70899
₽55229
₽78173
₽58643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
147 500
income
-
-
-
27 825
health

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

-
-
-
6 019
total
-
-
-
33 844
Employee
44 842
-
143 004
-
income
4 866
-
32 126
-
social contributions
4 493
-
4 496
-
total
9 359
-
36 622
-
Employer
44 842
-
143 004
-
social contributions
4 493
-
4 496
-
total
4 493
-
4 496
-
Corporate
98 166
147 500
-
-
income
34 358
51 624
-
-
total
34 358
51 624
-
-
Dividends
63 808
95 876
-
-
social contributions
5 164
5 164
-
-
total
5 164
5 164
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 374
56 788
41 118
33 844
After tax
94 126
90 712
106 382
113 656
Living cost
35 483
35 483
35 483
35 483
Free-cash
58 643
55 229
70 899
78 173

Estimated living cost  is ₽35483 per week

₽23373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2797
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.
₽8769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50117
₽63086
₽63595
₽68814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 720
pensions
-
-
-
8 247
total
-
-
-
47 967
Employee
49 330
-
129 062
-
income
8 983
-
30 735
-
health
644
-
1 961
-
pensions
3 765
-
10 311
-
total
13 392
-
43 007
-
Employer
49 330
-
129 062
-
health
938
-
2 453
-
pensions
4 984
-
15 985
-
total
5 922
-
18 438
-
Corporate
92 248
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.

17 528
28 024
-
-
total
17 528
28 024
-
-
Dividends
74 720
119 476
-
-
withholding
5 906
20 452
-
-
total
5 906
20 452
-
-
Income
147 500
147 500
147 500
147 500
Total tax
42 748
48 476
61 445
47 967
After tax
104 752
99 024
86 055
99 533
Living cost
35 938
35 938
35 938
35 938
Free-cash
68 814
63 086
50 117
63 595

Estimated living cost  is ₽35938 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55901
-₽11389
₽77585
₽8368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
39 755
pensions
-
-
-
4 076
total
-
-
-
46 578
Employee
36 710
-
131 297
-
income
5 036
-
29 551
-
pensions
4 134
-
7 474
-
health
4 203
-
15 034
-
total
13 373
-
52 059
-
Employer
36 710
-
131 297
-
unemployment
899
-
3 217
-
accident
613
-
2 193
-
pensions
5 969
-
10 793
-
total
7 481
-
16 203
-
Corporate
103 308
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.

92 978
132 750
-
-
total
92 978
132 750
-
-
Dividends
10 331
14 750
-
-
withholding
1 963
2 802
-
-
total
1 963
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
115 795
135 552
68 262
46 578
After tax
31 705
11 948
79 238
100 922
Living cost
23 337
23 337
23 337
23 337
Free-cash
8 368
-11 389
55 901
77 585

Estimated living cost  is ₽23337 per week

₽17127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽88907
₽110938
₽69804
₽106373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
income
-
-
-
23 950
health insurance
-
-
-
10 915
work injury
-
-
-
738
pensions
-
-
-
27 140
unemployment
-
-
-
1 770
total
-
-
-
64 513
Employee

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

21 093
-
147 500
-
income
2 109
-
23 950
-
work injury
105
-
390
-
health insurance
1 561
-
5 775
-
pensions
3 881
-
14 359
-
unemployment
253
-
936
-
total
7 909
-
45 410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 407
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%.

1 264
1 475
-
-
total
1 264
1 475
-
-
Dividends
125 143
146 025
-
-
withholding
18 771
21 904
-
-
total
18 771
21 904
-
-
Income
147 500
147 500
147 500
147 500
Total tax
27 944
23 379
45 410
64 513
After tax
119 556
124 121
102 090
82 987
Living cost
13 183
13 183
13 183
13 183
Free-cash
106 373
110 938
88 907
69 804

Estimated living cost  is ₽13183 per week

₽8167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24678
₽38751
₽31252
₽34303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
37 936
national
-
-
-
35 033
regional
-
-
-
3 351
municipal
-
-
-
987
total
-
-
-
77 307
Employee
82 370
-
147 500
-
social contributions
27 775
-
49 738
-
municipal
492
-
879
-
national
13 920
-
30 323
-
regional
1 244
-
2 941
-
total
43 431
-
83 881
-
Employer
82 370
-
147 500
-
total
-
-
-
-
Corporate
65 130
147 500
-
-
nationa
15 632
35 400
-
-
municipal
3 139
7 110
-
-
total
18 771
42 510
-
-
Dividends
46 359
104 989
-
-
withholding
12 054
27 298
-
-
total
12 054
27 298
-
-
Income
147 500
147 500
147 500
147 500
Total tax
74 256
69 808
83 881
77 307
After tax
73 244
77 692
63 619
70 193
Living cost
38 941
38 941
38 941
38 941
Free-cash
34 303
38 751
24 678
31 252

Estimated living cost  is ₽38941 per week

₽27354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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