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
₽46002
₽66649
₽50289
₽56383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
income

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

-
-
-
43 623
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.

-
-
-
2 398
health

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

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

-
-
-
6 410
trade
-
-
-
16 360
total
-
-
-
68 791
Employee

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

35 888
-
147 500
-
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.

55
-
2 398
-
income

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

1 002
-
43 623
-
health

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

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

6 410
-
6 410
-
total
7 467
-
52 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 612
147 500
-
-
income
16 741
22 126
-
-
surtax

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

921
1 216
-
-
chamber of commerce
303
354
-
-
trade
17 578
23 232
-
-
total
35 543
46 928
-
-
Dividends
76 069
100 572
-
-
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.

1 026
1 364
-
-
withholding
18 661
24 786
-
-
total
19 687
26 150
-
-
Income
147 500
147 500
147 500
147 500
Total tax
62 697
73 078
52 431
68 791
After tax
84 803
74 422
95 069
78 709
Living cost
28 420
28 420
28 420
28 420
Free-cash
56 383
46 002
66 649
50 289

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽42084
₽38689
₽37531
₽41254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
social contributions
-
-
-
1 586
municipal
-
-
-
15 974
national
-
-
-
24 753
pensions
-
-
-
17 700
total
-
-
-
60 013
Employee
77 442
-
127 512
-
municipal
9 565
-
16 545
-
pensions
3 098
-
5 100
-
national
14 822
-
25 638
-
total
27 485
-
47 283
-
Employer
77 442
-
127 512
-
pensions
6 195
-
10 201
-
social contributions
832
-
1 371
-
total
7 027
-
11 572
-
Corporate
57 919
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%.

11 584
29 500
-
-
total
11 584
29 500
-
-
Dividends
46 336
118 000
-
-
withholding
10 194
25 960
-
-
total
10 194
25 960
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 290
55 460
58 855
60 013
After tax
91 210
92 040
88 645
87 487
Living cost
49 956
49 956
49 956
49 956
Free-cash
41 254
42 084
38 689
37 531

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽98480
₽69501
₽29828
₽90782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
147 500
income
-
-
-
24 588
surtax
-
-
-
37 612
social contributions

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

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
98 151
Employee
27 418
-
107 176
-
surtax
-
-
-
-
social contributions

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

3 016
-
11 789
-
income
4 881
-
20 870
-
total
7 897
-
32 659
-
Employer
27 418
-
107 176
-
social contributions

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

6 604
-
25 819
-
surtax
-
-
-
-
total
6 604
-
25 819
-
Corporate
113 478
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%.

22 696
29 499
-
-
total
22 696
29 499
-
-
Dividends

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

90 782
118 001
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
37 197
29 499
58 478
98 151
After tax
110 303
118 001
89 022
49 349
Living cost
19 521
19 521
19 521
19 521
Free-cash
90 782
98 480
69 501
29 828

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽33453
₽50920
₽43363
₽27705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 267
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
64 830
Employee
80 127
80 127
130 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
17 273
-
health
12 299
10 461
11 570
-
total
39 838
34 570
39 836
-
Employer
80 127
80 127
130 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
54 324
53 341
-
-
income
10 865
10 668
-
-
total
10 865
10 668
-
-
Dividends
43 459
42 674
-
-
income
9 234
9 069
-
-
withholding
6 519
6 401
-
-
total
15 753
15 470
-
-
Income
147 500
147 500
147 500
147 500
Total tax
80 488
74 740
57 273
64 830
After tax
67 012
72 760
90 227
82 670
Living cost
39 307
39 307
39 307
39 307
Free-cash
27 705
33 453
50 920
43 363

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽43051
₽38456
₽39365
₽42209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
36 888
national
-
-
-
9 964
pensions
-
-
-
8 881
total
-
-
-
70 651
Employee
53 411
-
121 688
-
municipal
15 927
-
36 287
-
national
-
-
9 461
-
total
15 927
-
45 748
-
Employer
53 411
-
121 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
77 307
147 500
-
-
income
17 008
32 450
-
-
total
17 008
32 450
-
-
Dividends
60 299
115 050
-
-
withholding
18 090
34 515
-
-
total
18 090
34 515
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 807
66 965
71 560
70 651
After tax
79 693
80 535
75 940
76 849
Living cost
37 484
37 484
37 484
37 484
Free-cash
42 209
43 051
38 456
39 365

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽36802
₽58208
₽41122
₽49990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
income

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

-
-
-
43 623
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.

-
-
-
2 398
health

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

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

-
-
-
6 410
trade
-
-
-
17 087
total
-
-
-
69 518
Employee

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

47 583
-
147 500
-
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.

224
-
2 398
-
income

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

4 088
-
43 623
-
health

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

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

6 410
-
6 410
-
total
10 722
-
52 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 917
147 500
-
-
income
14 987
22 126
-
-
surtax

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

824
1 216
-
-
chamber of commerce
285
353
-
-
trade
16 437
24 264
-
-
total
32 533
47 959
-
-
Dividends
67 383
99 541
-
-
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.

906
1 350
-
-
withholding
16 488
24 528
-
-
total
17 394
25 878
-
-
Income
147 500
147 500
147 500
147 500
Total tax
60 649
73 837
52 431
69 518
After tax
86 851
73 663
95 069
77 982
Living cost
36 860
36 860
36 860
36 860
Free-cash
49 990
36 802
58 208
41 122

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽77228
₽69926
₽71272
₽73334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 852
social contributions
-
-
-
15 181
health
-
-
-
3 761
total
-
-
-
45 794
Employee
72 151
72 151
136 891
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
26 127
-
health
718
1 227
2 327
-
total
11 800
13 894
36 531
-
Employer
72 151
72 151
136 891
-
health
782
1 335
2 532
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
10 609
-
Corporate
100 978
68 025
-
-
income
12 623
8 502
-
-
total
12 623
8 502
-
-
Dividends
88 356
59 523
-
-
withholding
15 021
10 119
-
-
total
15 021
10 119
-
-
Income
147 500
147 500
147 500
147 500
Total tax
43 732
39 838
47 140
45 794
After tax
103 768
107 662
100 360
101 706
Living cost
30 434
30 434
30 434
30 434
Free-cash
73 334
77 228
69 926
71 272

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽66073
₽68691
₽85363
₽66423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
18 032
unemployment
-
-
-
2 213
health
-
-
-
10 325
pensions
-
-
-
14 750
total
-
-
-
45 320
Employee

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
123 431
-
unemployment
364
145
1 851
-
pensions
2 428
966
12 343
-
income
2 968
1 181
15 089
-
health
1 699
676
8 640
-
total
7 459
2 968
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.

24 275
9 661
123 431
-
pensions
4 734
1 884
24 069
-
total
4 734
1 884
24 069
-
Corporate
118 491
135 955
-
-
income
10 664
12 236
-
-
total
10 664
12 236
-
-
Dividends
107 827
123 719
-
-
social contributions
20 916
24 015
-
-
withholding
20 487
23 507
-
-
total
41 403
47 522
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 260
64 610
61 992
45 320
After tax
83 240
82 890
85 508
102 180
Living cost
16 817
16 817
16 817
16 817
Free-cash
66 423
66 073
68 691
85 363

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽95337
₽62355
₽56397
₽89506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
19 765
health
-
-
-
19 175
pensions
-
-
-
29 499
total
-
-
-
68 439
Employee
26 618
-
110 239
-
unemployment
426
-
1 765
-
pensions
532
-
2 204
-
income
2 997
-
21 253
-
total
3 955
-
25 222
-
Employer
26 618
-
110 239
-
health
3 460
-
14 330
-
pensions
5 324
-
22 048
-
unemployment
214
-
881
-
total
8 998
-
37 259
-
Corporate
111 884
147 500
-
-
income
22 377
29 499
-
-
total
22 377
29 499
-
-
Dividends
89 507
118 001
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
35 330
29 499
62 481
68 439
After tax
112 170
118 001
85 019
79 061
Living cost
22 664
22 664
22 664
22 664
Free-cash
89 506
95 337
62 355
56 397

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽9000
₽58462
₽79956
₽8735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
240
income
-
-
-
39 964
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
46 596
Employee
32 952
-
131 589
-
pensions
3 710
-
7 264
-
income
4 521
-
29 848
-
health
3 773
-
15 067
-
total
12 004
-
52 179
-
Employer
32 952
-
131 589
-
pensions
5 358
-
10 490
-
accident
550
-
2 197
-
unemployment
807
-
3 224
-
total
6 715
-
15 911
-
Corporate
107 832
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.

97 049
132 750
-
-
total
97 049
132 750
-
-
Dividends
10 783
14 750
-
-
withholding
2 049
2 802
-
-
total
2 049
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
117 817
135 552
68 090
46 596
After tax
29 683
11 948
79 410
100 904
Living cost
20 948
20 948
20 948
20 948
Free-cash
8 735
-9 000
58 462
79 956

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽132564
₽110439
₽138464
₽131146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
microenterprise

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

-
-
-
1 475
total
-
-
-
1 475
Employee
9 450
-
147 500
-
income
1 890
-
29 500
-
total
1 890
-
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%.

138 050
147 500
-
-
total
-
-
-
-
Dividends
138 050
147 500
-
-
withholding
6 903
7 375
-
-
total
6 903
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
8 793
7 375
29 500
1 475
After tax
138 707
140 125
118 000
146 025
Living cost
7 561
7 561
7 561
7 561
Free-cash
131 146
132 564
110 439
138 464

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽83366
₽59020
₽54119
₽77032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 079
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
68 379
Employee
34 069
-
117 812
-
unemployment
340
-
1 179
-
pensions

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

2 384
-
8 248
-
income
5 865
-
22 714
-
health
477
-
1 649
-
total
9 066
-
33 790
-
Employer
34 069
-
117 812
-
health
477
-
1 649
-
pensions

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

5 792
-
20 028
-
accident
272
-
942
-
unemployment
340
-
1 179
-
other
1 704
-
5 890
-
total
8 585
-
29 688
-
Corporate
104 845
147 500
-
-
income
22 017
30 975
-
-
total
22 017
30 975
-
-
Dividends
82 828
116 525
-
-
withholding
5 798
8 157
-
-
total
5 798
8 157
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 466
39 132
63 478
68 379
After tax
102 034
108 368
84 022
79 121
Living cost
25 002
25 002
25 002
25 002
Free-cash
77 032
83 366
59 020
54 119

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽35765
₽23001
₽36448
₽34956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
40 286
pensions
-
-
-
8 080
total
-
-
-
48 366
Employee
88 691
-
129 011
-
pensions
8 556
-
10 068
-
income
15 987
-
31 321
-
health
1 461
-
1 939
-
total
26 004
-
43 328
-
Employer
88 691
-
129 011
-
health
1 684
-
2 450
-
pensions
10 472
-
16 035
-
total
12 156
-
18 485
-
Corporate
46 653
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.

8 864
28 024
-
-
total
8 864
28 024
-
-
Dividends
37 789
119 476
-
-
withholding
2 834
21 025
-
-
total
2 834
21 025
-
-
Income
147 500
147 500
147 500
147 500
Total tax
49 858
49 049
61 813
48 366
After tax
97 642
98 451
85 687
99 134
Living cost
62 686
62 686
62 686
62 686
Free-cash
34 956
35 765
23 001
36 448

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽113814
₽109921
₽104327
₽109457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
22 125
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
30 874
Employee
16 286
-
141 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
14 107
-
health
749
-
1 507
-
total
3 986
-
18 851
-
Employer
16 286
-
141 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
128 018
147 500
-
-
income
12 802
14 750
-
-
total
12 802
14 750
-
-
Dividends
115 216
132 750
-
-
withholding
5 761
6 637
-
-
total
5 761
6 637
-
-
Income
147 500
147 500
147 500
147 500
Total tax
25 744
21 387
25 280
30 874
After tax
121 756
126 113
122 220
116 626
Living cost
12 299
12 299
12 299
12 299
Free-cash
109 457
113 814
109 921
104 327

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽20730
₽38197
₽30640
₽23092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 267
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
64 830
Employee
86 993
80 127
130 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
17 273
-
health
10 853
10 461
11 570
-
total
34 962
34 570
39 836
-
Employer
86 993
80 127
130 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
45 276
53 341
-
-
income
9 054
10 668
-
-
total
9 054
10 668
-
-
Dividends
36 222
42 674
-
-
income
7 698
9 069
-
-
withholding
5 433
6 401
-
-
total
13 131
15 470
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 378
74 740
57 273
64 830
After tax
75 122
72 760
90 227
82 670
Living cost
52 030
52 030
52 030
52 030
Free-cash
23 092
20 730
38 197
30 640

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽78543
₽51839
₽57295
₽70333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 171
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
19 912
total
-
-
-
67 194
Employee
33 839
-
110 075
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 155
-
income
4 061
-
13 209
-
health
4 568
-
14 860
-
total
10 829
-
35 224
-
Employer
33 839
-
110 075
-
health
3 045
-
9 907
-
social contributions
8 460
-
27 519
-
total
11 505
-
37 426
-
Corporate
102 156
147 500
-
-
income
19 410
28 025
-
-
total
19 410
28 025
-
-
Dividends
82 746
119 475
-
-
withholding
12 412
17 921
-
-
total
12 412
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
54 156
45 946
72 650
67 194
After tax
93 344
101 554
74 850
80 306
Living cost
23 011
23 011
23 011
23 011
Free-cash
70 333
78 543
51 839
57 295

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽39105
₽25272
₽31940
₽34206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 938
regional
-
-
-
1 722
municipal
-
-
-
876
national
-
-
-
35 431
total
-
-
-
75 967
Employee
83 391
-
147 500
-
municipal
442
-
782
-
national
14 450
-
30 596
-
regional
787
-
1 519
-
social contributions
28 119
-
49 738
-
total
43 798
-
82 635
-
Employer
83 391
-
147 500
-
total
-
-
-
-
Corporate
64 109
147 500
-
-
municipal
2 500
5 753
-
-
nationa
15 386
35 400
-
-
total
17 886
41 153
-
-
Dividends
46 223
106 347
-
-
withholding
12 017
27 649
-
-
total
12 017
27 649
-
-
Income
147 500
147 500
147 500
147 500
Total tax
73 701
68 802
82 635
75 967
After tax
73 799
78 698
64 865
71 533
Living cost
39 593
39 593
39 593
39 593
Free-cash
34 206
39 105
25 272
31 940

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽72071
₽43966
₽49293
₽69154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 831
other
-
-
-
-
surtax
-
-
-
5 520
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
77 502
Employee
31 029
-
121 850
-
other
-
-
-
-
unemployment
2 160
-
8 481
-
pensions
2 069
-
8 127
-
surtax
101
-
4 679
-
income
5 201
-
32 785
-
health
792
-
3 107
-
total
10 323
-
57 179
-
Employer
31 029
-
121 850
-
health
1 412
-
5 545
-
pensions
4 136
-
16 243
-
unemployment
983
-
3 862
-
other
-
-
-
-
total
6 531
-
25 650
-
Corporate
109 940
147 500
-
-
income
28 584
38 351
-
-
total
28 584
38 351
-
-
Dividends
81 355
109 149
-
-
withholding
12 203
16 373
-
-
total
12 203
16 373
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 641
54 724
82 829
77 502
After tax
89 859
92 776
64 671
69 998
Living cost
20 705
20 705
20 705
20 705
Free-cash
69 154
72 071
43 966
49 293

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽55626
₽42862
₽56309
₽60315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
40 286
pensions
-
-
-
8 080
total
-
-
-
48 366
Employee
59 438
-
129 011
-
pensions
5 045
-
10 068
-
income
10 705
-
31 321
-
health
863
-
1 939
-
total
16 613
-
43 328
-
Employer
59 438
-
129 011
-
health
1 129
-
2 450
-
pensions
6 434
-
16 035
-
total
7 563
-
18 485
-
Corporate
80 498
147 500
-
-
income

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

15 294
28 024
-
-
total
15 294
28 024
-
-
Dividends
65 204
119 476
-
-
withholding
4 890
21 025
-
-
total
4 890
21 025
-
-
Income
147 500
147 500
147 500
147 500
Total tax
44 360
49 049
61 813
48 366
After tax
103 140
98 451
85 687
99 134
Living cost
42 825
42 825
42 825
42 825
Free-cash
60 315
55 626
42 862
56 309

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽6639
₽39274
₽46445
₽25062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
other

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

-
-
-
2 949
regional
-
-
-
6 696
health
-
-
-
331
city
-
-
-
1 555
national
-
-
-
1 869
pensions
-
-
-
13 569
total
-
-
-
26 969
Employee
86 700
-
132 021
-
unemployment
-
-
-
-
pensions
7 284
-
11 090
-
national
410
-
1 528
-
regional
2 839
-
5 779
-
city
930
-
1 418
-
health
196
-
297
-
total
11 659
-
20 112
-
Employer
86 700
-
132 021
-
health
196
-
297
-
pensions
7 284
-
11 090
-
unemployment
-
-
-
-
other

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

1 733
-
2 641
-
total
9 213
-
14 028
-
Corporate
50 634
147 500
-
-
regional
10 709
31 196
-
-
national
4 304
12 538
-
-
total
15 013
43 734
-
-
Dividends
35 621
103 766
-
-
withholding
12 467
36 319
-
-
total
12 467
36 319
-
-
Income
147 500
147 500
147 500
147 500
Total tax
48 352
80 053
34 140
26 969
After tax
99 148
67 447
113 360
120 531
Living cost
74 086
74 086
74 086
74 086
Free-cash
25 062
-6 639
39 274
46 445

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₽29920
₽52085
₽34270
₽45138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
income

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

-
-
-
43 623
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.

-
-
-
2 398
health

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

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

-
-
-
6 410
trade
-
-
-
17 815
total
-
-
-
70 246
Employee

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

56 390
-
147 500
-
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.

365
-
2 398
-
income

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

6 631
-
43 623
-
health

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

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

6 410
-
6 410
-
total
13 406
-
52 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 110
147 500
-
-
income
13 666
22 126
-
-
surtax

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

751
1 216
-
-
chamber of commerce
271
351
-
-
trade
15 625
25 297
-
-
total
30 313
48 990
-
-
Dividends
60 796
98 510
-
-
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
1 335
-
-
withholding
14 843
24 271
-
-
total
15 659
25 606
-
-
Income
147 500
147 500
147 500
147 500
Total tax
59 378
74 596
52 431
70 246
After tax
88 122
72 904
95 069
77 254
Living cost
42 984
42 984
42 984
42 984
Free-cash
45 138
29 920
52 085
34 270

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽42240
₽50940
₽51306
₽47778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 639
other
-
-
-
4 573
surtax
-
-
-
-
social contributions
-
-
-
4 202
health
-
-
-
5 682
pensions
-
-
-
27 995
total
-
-
-
64 091
Employee
40 158
-
115 289
-
pensions
4 541
-
7 548
-
surtax
-
-
-
-
social contributions
1 145
-
3 285
-
income
2 370
-
21 413
-
total
8 056
-
32 246
-
Employer
40 158
-
115 289
-
health
2 812
-
10 111
-
pensions
6 597
-
12 789
-
unemployment
1 626
-
4 669
-
social contributions
121
-
345
-
other
1 385
-
4 297
-
total
12 541
-
32 211
-
Corporate
94 801
147 500
-
-
income
26 544
41 299
-
-
surtax
-
-
-
-
total
26 544
41 299
-
-
Dividends
68 258
106 201
-
-
surtax
-
-
-
-
social contributions
11 741
18 265
-
-
withholding
8 737
13 593
-
-
total
20 478
31 858
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 619
73 157
64 457
64 091
After tax
79 881
74 343
83 043
83 409
Living cost
32 103
32 103
32 103
32 103
Free-cash
47 778
42 240
50 940
51 306

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽45421
₽54121
₽54487
₽50631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 639
other
-
-
-
4 573
surtax
-
-
-
-
social contributions
-
-
-
4 202
health
-
-
-
5 682
pensions
-
-
-
27 995
total
-
-
-
64 091
Employee
35 847
-
115 289
-
pensions
4 054
-
7 548
-
surtax
-
-
-
-
social contributions
1 022
-
3 285
-
income
1 848
-
21 413
-
total
6 924
-
32 246
-
Employer
35 847
-
115 289
-
health
2 509
-
10 111
-
pensions
5 890
-
12 789
-
unemployment
1 451
-
4 669
-
social contributions
107
-
345
-
other
1 238
-
4 297
-
total
11 195
-
32 211
-
Corporate
100 459
147 500
-
-
income
28 128
41 299
-
-
surtax
-
-
-
-
total
28 128
41 299
-
-
Dividends
72 330
106 201
-
-
surtax
-
-
-
-
social contributions
12 441
18 265
-
-
withholding
9 259
13 593
-
-
total
21 700
31 858
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 947
73 157
64 457
64 091
After tax
79 553
74 343
83 043
83 409
Living cost
28 922
28 922
28 922
28 922
Free-cash
50 631
45 421
54 121
54 487

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽70093
₽72311
₽74829
₽70581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
22 126
social contributions
-
-
-
20 354
health
-
-
-
10 295
total
-
-
-
52 775
Employee
31 814
-
147 500
-
social contributions
4 391
-
20 354
-
income
5 306
-
24 644
-
health
2 220
-
10 295
-
total
11 917
-
55 293
-
Employer
31 814
-
147 500
-
total
-
-
-
-
Corporate
115 686
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%.

5 783
7 375
-
-
total
5 783
7 375
-
-
Dividends
109 902
140 125
-
-
social contributions
15 167
19 337
-
-
withholding
16 485
21 018
-
-
health
7 671
9 781
-
-
total
39 323
50 136
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 023
57 511
55 293
52 775
After tax
90 477
89 989
92 207
94 725
Living cost
19 896
19 896
19 896
19 896
Free-cash
70 581
70 093
72 311
74 829

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽48718
₽5599
₽42595
₽47268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 650
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
589
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
71 843
Employee
46 892
37 393
115 351
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
28 892
-
health
1 814
1 448
4 241
-
total
13 829
9 530
48 744
-
Employer
46 892
37 393
115 351
-
chamber of commerce
187
150
461
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
3 460
-
other
2 228
1 775
5 429
-
total
13 680
10 948
32 148
-
Corporate
86 929
99 160
111 790
-
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.

21 732
24 790
27 947
-
total
21 732
24 790
27 947
-
Dividends
65 197
74 370
-
-
withholding
17 929
20 452
-
-
total
17 929
20 452
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 170
65 720
108 839
71 843
After tax
80 330
81 780
38 661
75 657
Living cost
33 062
33 062
33 062
33 062
Free-cash
47 268
48 718
5 599
42 595

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽48318
₽18713
₽29819
₽34245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
communal

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

-
-
-
7 473
social contributions
-
-
-
22 945
national
-
-
-
53 051
total
-
-
-
83 469
Employee

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

67 117
-
114 242
-
unemployment

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

584
-
994
-
communal

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

3 501
-
5 958
-
pensions

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

5 034
-
8 568
-
national
20 635
-
40 429
-
health

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

3 153
-
5 370
-
total
32 907
-
61 319
-
Employer

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

67 117
-
114 242
-
health

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

4 127
-
7 026
-
pensions

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

5 947
-
10 121
-
accident

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

872
-
1 485
-
unemployment

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

979
-
1 668
-
surtax
7 610
-
12 956
-
total
19 535
-
33 256
-
Corporate
60 846
147 500
-
-
income
12 169
29 499
-
-
surtax
244
589
-
-
total
12 413
30 088
-
-
Dividends
48 433
117 411
-
-
withholding

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

14 188
34 882
-
-
total
14 188
34 882
-
-
Income
147 500
147 500
147 500
147 500
Total tax
79 043
64 970
94 575
83 469
After tax
68 457
82 530
52 925
64 031
Living cost
34 212
34 212
34 212
34 212
Free-cash
34 245
48 318
18 713
29 819

Estimated living cost  is ₽34212 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽64647
₽45153
₽49089
₽57899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
783
income
-
-
-
38 434
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
64 525
Employee
46 707
-
119 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
35 212
-
total
12 821
-
40 735
-
Employer
46 707
-
119 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
85 906
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.

12 886
22 126
-
-
total
12 886
22 126
-
-
Dividends
73 020
125 374
-
-
withholding
15 121
26 841
-
-
total
15 121
26 841
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 715
48 967
68 461
64 525
After tax
91 785
98 533
79 039
82 975
Living cost
33 886
33 886
33 886
33 886
Free-cash
57 899
64 647
45 153
49 089

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽36336
₽29802
₽23925
₽25209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
communal
-
-
-
9 321
accident
-
-
-
1 243
income
-
-
-
22 236
surtax
-
-
-
7 313
health
-
-
-
10 363
pensions
-
-
-
22 108
total
-
-
-
72 584
Employee
71 057
-
131 754
-
pensions
5 684
-
10 541
-
surtax
4 355
-
8 075
-
income
6 863
-
26 481
-
health
3 162
-
5 864
-
total
20 064
-
50 961
-
Employer
71 057
-
131 754
-
health
2 167
-
4 019
-
pensions
5 684
-
10 541
-
accident
639
-
1 186
-
total
8 490
-
15 746
-
Corporate
67 953
147 500
-
-
communal
4 587
9 955
-
-
income
10 192
22 126
-
-
surtax
714
1 549
-
-
total
15 493
33 630
-
-
Dividends
52 460
113 870
-
-
income
19 384
9 463
-
-
withholding
7 869
17 080
-
-
total
27 253
26 543
-
-
Income
147 500
147 500
147 500
147 500
Total tax
71 300
60 173
66 707
72 584
After tax
76 200
87 327
80 793
74 916
Living cost
50 991
50 991
50 991
50 991
Free-cash
25 209
36 336
29 802
23 925

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽71701
₽43596
₽48923
₽68720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 831
other
-
-
-
-
surtax
-
-
-
5 520
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
77 502
Employee
31 599
-
121 850
-
other
-
-
-
-
unemployment
2 199
-
8 481
-
pensions
2 108
-
8 127
-
surtax
112
-
4 679
-
income
5 297
-
32 785
-
health
807
-
3 107
-
total
10 523
-
57 179
-
Employer
31 599
-
121 850
-
health
1 437
-
5 545
-
pensions
4 213
-
16 243
-
unemployment
1 002
-
3 862
-
other
-
-
-
-
total
6 652
-
25 650
-
Corporate
109 249
147 500
-
-
income
28 404
38 351
-
-
total
28 404
38 351
-
-
Dividends
80 845
109 149
-
-
withholding
12 126
16 373
-
-
total
12 126
16 373
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 705
54 724
82 829
77 502
After tax
89 795
92 776
64 671
69 998
Living cost
21 075
21 075
21 075
21 075
Free-cash
68 720
71 701
43 596
48 923

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽52253
₽39124
₽45754
₽50170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 938
regional
-
-
-
2 225
municipal
-
-
-
876
national
-
-
-
35 431
total
-
-
-
76 470
Employee
52 049
-
147 500
-
municipal
276
-
782
-
national
8 246
-
30 596
-
regional
701
-
1 984
-
social contributions
17 551
-
49 738
-
total
26 774
-
83 100
-
Employer
52 049
-
147 500
-
total
-
-
-
-
Corporate
95 451
147 500
-
-
municipal
4 744
7 331
-
-
nationa
22 908
35 400
-
-
total
27 652
42 731
-
-
Dividends
67 800
104 769
-
-
withholding
17 628
27 240
-
-
total
17 628
27 240
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 054
69 971
83 100
76 470
After tax
75 446
77 529
64 400
71 030
Living cost
25 276
25 276
25 276
25 276
Free-cash
50 170
52 253
39 124
45 754

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽73199
₽46495
₽51951
₽63083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 171
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
19 912
total
-
-
-
67 194
Employee
41 699
-
110 075
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 155
-
income
5 004
-
13 209
-
health
5 629
-
14 860
-
total
13 343
-
35 224
-
Employer
41 699
-
110 075
-
health
3 753
-
9 907
-
social contributions
10 425
-
27 519
-
total
14 178
-
37 426
-
Corporate
91 624
147 500
-
-
income
17 409
28 025
-
-
total
17 409
28 025
-
-
Dividends
74 215
119 475
-
-
withholding
11 132
17 921
-
-
total
11 132
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 062
45 946
72 650
67 194
After tax
91 438
101 554
74 850
80 306
Living cost
28 355
28 355
28 355
28 355
Free-cash
63 083
73 199
46 495
51 951

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽51947
₽8784
₽45907
₽51483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 650
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
589
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
71 658
Employee
41 016
37 393
115 522
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
28 963
-
health
1 587
1 448
4 241
-
total
11 081
9 530
48 815
-
Employer
41 016
37 393
115 522
-
chamber of commerce
164
150
463
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
3 465
-
other
1 948
1 775
5 436
-
total
11 803
10 763
31 977
-
Corporate
94 680
99 345
111 961
-
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.

23 670
24 836
27 989
-
total
23 670
24 836
27 989
-
Dividends
71 011
74 509
-
-
withholding
19 528
20 489
-
-
total
19 528
20 489
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 082
65 618
108 781
71 658
After tax
81 418
81 882
38 719
75 842
Living cost
29 935
29 935
29 935
29 935
Free-cash
51 483
51 947
8 784
45 907

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽128343
₽106218
₽134243
₽126133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
147 500
-
income
2 946
-
29 500
-
total
2 946
-
29 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

132 773
147 500
-
-
total
-
-
-
-
Dividends
132 773
147 500
-
-
withholding
6 639
7 375
-
-
total
6 639
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
9 585
7 375
29 500
1 475
After tax
137 915
140 125
118 000
146 025
Living cost
11 782
11 782
11 782
11 782
Free-cash
126 133
128 343
106 218
134 243

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽76386
₽43867
₽47776
₽68536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
147 500
income
-
-
-
32 885
unemployment
-
-
-
221
health
-
-
-
14 514
pensions
-
-
-
26 937
total
-
-
-
74 557
Employee

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

41 492
-
127 628
-
unemployment
59
-
178
-
pensions
6 432
-
19 783
-
income
7 155
-
30 387
-
health
2 680
-
8 246
-
total
16 326
-
58 594
-
Employer

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

41 492
-
127 628
-
health
2 764
-
8 501
-
pensions
3 672
-
11 294
-
unemployment
25
-
77
-
total
6 461
-
19 872
-
Corporate
99 548
147 500
-
-
income
18 914
28 025
-
-
total
18 914
28 025
-
-
Dividends
80 634
119 475
-
-
withholding
12 096
17 922
-
-
total
12 096
17 922
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 797
45 947
78 466
74 557
After tax
93 703
101 553
69 034
72 943
Living cost
25 167
25 167
25 167
25 167
Free-cash
68 536
76 386
43 867
47 776

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽49659
₽95200
₽61854
₽5477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
28 751
social contributions
-
-
-
16 815
total
-
-
-
45 566
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
9 000
147 500
-
-
income
1 980
32 450
-
-
total
1 980
32 450
-
-
Dividends
7 020
115 050
-
-
income
1 544
25 311
-
-
total
1 544
25 311
-
-
Income
147 500
147 500
147 500
147 500
Total tax
101 943
57 761
12 220
45 566
After tax
45 557
89 739
135 280
101 934
Living cost
40 080
40 080
40 080
40 080
Free-cash
5 477
49 659
95 200
61 854

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽54467
₽39519
₽50202
₽53523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
147 500
income
-
-
-
16 609
surtax
-
-
-
-
social contributions

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

-
-
-
51 257
total
-
-
-
67 866
Employee
43 155
-
119 192
-
surtax
-
-
-
-
social contributions
4 747
-
13 111
-
income
8 976
-
37 130
-
total
13 723
-
50 241
-
Employer
43 155
-
119 192
-
social contributions
10 249
-
28 308
-
total
10 249
-
28 308
-
Corporate
94 096
147 500
-
-
income
19 759
30 975
-
-
surtax
-
-
-
-
total
19 759
30 975
-
-
Dividends
74 337
116 525
-
-
withholding
20 814
32 626
-
-
total
20 814
32 626
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 545
63 601
78 549
67 866
After tax
82 955
83 899
68 951
79 634
Living cost
29 432
29 432
29 432
29 432
Free-cash
53 523
54 467
39 519
50 202

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽29024
₽37724
₽38090
₽35471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 639
other
-
-
-
4 573
surtax
-
-
-
-
social contributions
-
-
-
4 202
health
-
-
-
5 682
pensions
-
-
-
27 995
total
-
-
-
64 091
Employee
58 768
-
115 289
-
pensions
6 647
-
7 548
-
surtax
-
-
-
-
social contributions
1 674
-
3 285
-
income
5 128
-
21 413
-
total
13 449
-
32 246
-
Employer
58 768
-
115 289
-
health
4 113
-
10 111
-
pensions
9 656
-
12 789
-
unemployment
2 381
-
4 669
-
social contributions
176
-
345
-
other
2 028
-
4 297
-
total
18 354
-
32 211
-
Corporate
70 378
147 500
-
-
income
19 706
41 299
-
-
surtax
-
-
-
-
total
19 706
41 299
-
-
Dividends
50 672
106 201
-
-
surtax
-
-
-
-
social contributions
8 714
18 265
-
-
withholding
6 487
13 593
-
-
total
15 201
31 858
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 710
73 157
64 457
64 091
After tax
80 790
74 343
83 043
83 409
Living cost
45 319
45 319
45 319
45 319
Free-cash
35 471
29 024
37 724
38 090

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽104544
₽84958
₽81038
₽101393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 807
social contributions
-
-
-
32 450
total
-
-
-
38 257
Employee
30 166
-
127 707
-
income
-
-
6 243
-
social contributions
1 960
-
8 301
-
total
1 960
-
14 544
-
Employer
30 166
-
127 707
-
social contributions
4 676
-
19 793
-
total
4 676
-
19 793
-
Corporate
112 659
147 500
-
-
income
11 266
14 751
-
-
total
11 266
14 751
-
-
Dividends
101 393
132 749
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
17 902
14 751
34 337
38 257
After tax
129 598
132 749
113 163
109 243
Living cost
28 205
28 205
28 205
28 205
Free-cash
101 393
104 544
84 958
81 038

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽56926
-₽56926
₽42833
-₽56926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 735
municipal
-
-
-
30 197
national
-
-
-
16 735
pensions
-
-
-
813
total
-
-
-
59 480
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
159 239
159 239
159 239
59 480
After tax
-11 739
-11 739
-11 739
88 020
Living cost
45 187
45 187
45 187
45 187
Free-cash
-56 926
-56 926
-56 926
42 833

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽8691
₽58771
₽80265
₽8780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
240
income
-
-
-
39 964
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
46 596
Employee
32 466
-
131 589
-
pensions
3 656
-
7 264
-
income
4 454
-
29 848
-
health
3 718
-
15 067
-
total
11 828
-
52 179
-
Employer
32 466
-
131 589
-
pensions
5 279
-
10 490
-
accident
542
-
2 197
-
unemployment
796
-
3 224
-
total
6 617
-
15 911
-
Corporate
108 417
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.

97 576
132 750
-
-
total
97 576
132 750
-
-
Dividends
10 842
14 750
-
-
withholding
2 060
2 802
-
-
total
2 060
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
118 081
135 552
68 090
46 596
After tax
29 419
11 948
79 410
100 904
Living cost
20 639
20 639
20 639
20 639
Free-cash
8 780
-8 691
58 771
80 265

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽57509
₽42482
₽61696
₽59437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 880
municipal
-
-
-
26 212
national
-
-
-
21 688
total
-
-
-
49 780
Employee
49 366
-
124 083
-
municipal
8 086
-
20 219
-
unemployment
741
-
1 861
-
pensions
3 332
-
8 376
-
national
816
-
13 603
-
health
369
-
1 519
-
total
13 344
-
45 578
-
Employer
49 366
-
124 083
-
health
379
-
956
-
pensions
8 565
-
21 528
-
accident
50
-
125
-
unemployment
321
-
807
-
total
9 315
-
23 416
-
Corporate
88 819
147 500
-
-
income
17 763
29 499
-
-
total
17 763
29 499
-
-
Dividends

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

53 292
88 500
-
-
municipal
9 592
15 929
-
-
national
2 025
8 539
-
-
total
11 617
24 468
-
-
Income
147 500
147 500
147 500
147 500
Total tax
52 039
53 967
68 994
49 780
After tax
95 461
93 533
78 506
97 720
Living cost
36 024
36 024
36 024
36 024
Free-cash
59 437
57 509
42 482
61 696

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽85938
₽78636
₽79982
₽80830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 852
social contributions
-
-
-
15 181
health
-
-
-
3 761
total
-
-
-
45 794
Employee
72 151
72 151
136 891
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
26 127
-
health
559
1 227
2 327
-
total
11 143
13 894
36 531
-
Employer
72 151
72 151
136 891
-
health
607
1 335
2 532
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
10 609
-
Corporate
111 298
68 025
-
-
income
13 912
8 502
-
-
total
13 912
8 502
-
-
Dividends
97 386
59 523
-
-
withholding
16 556
10 119
-
-
total
16 556
10 119
-
-
Income
147 500
147 500
147 500
147 500
Total tax
44 946
39 838
47 140
45 794
After tax
102 554
107 662
100 360
101 706
Living cost
21 724
21 724
21 724
21 724
Free-cash
80 830
85 938
78 636
79 982

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽107249
₽89531
₽108350
₽102473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
147 500
income
-
-
-
14 861
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
24 253
Employee

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

21 537
-
138 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
12 534
-
health
1 830
-
7 568
-
total
6 640
-
33 902
-
Employer

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

21 537
-
138 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
123 746
147 500
-
-
income
11 138
13 274
-
-
total
11 138
13 274
-
-
Dividends
112 608
134 226
-
-
withholding
10 135
12 080
-
-
total
10 135
12 080
-
-
Income
147 500
147 500
147 500
147 500
Total tax
30 130
25 354
43 072
24 253
After tax
117 370
122 146
104 428
123 247
Living cost
14 897
14 897
14 897
14 897
Free-cash
102 473
107 249
89 531
108 350

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽72731
₽53237
₽57173
₽68534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
783
income
-
-
-
38 434
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
64 525
Employee
34 695
-
119 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
35 212
-
total
8 892
-
40 735
-
Employer
34 695
-
119 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
101 744
147 500
-
-
income

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

15 262
22 126
-
-
total
15 262
22 126
-
-
Dividends
86 483
125 374
-
-
withholding
17 949
26 841
-
-
total
17 949
26 841
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 164
48 967
68 461
64 525
After tax
94 336
98 533
79 039
82 975
Living cost
25 802
25 802
25 802
25 802
Free-cash
68 534
72 731
53 237
57 173

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽90140
₽92724
₽92859
₽89828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
50 350
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
52 741
Employee
2 894
-
145 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
50 277
-
health
145
-
347
-
total
994
-
51 317
-
Employer
2 894
-
145 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
143 954
147 500
-
-
income
31 670
32 450
-
-
total
31 670
32 450
-
-
Dividends
112 284
115 050
-
-
withholding
22 457
23 010
-
-
total
22 457
23 010
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 772
55 460
52 876
52 741
After tax
91 728
92 040
94 624
94 759
Living cost
1 900
1 900
1 900
1 900
Free-cash
89 828
90 140
92 724
92 859

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽90373
₽72179
₽72179
₽85764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
147 500
income
-
-
-
32 963
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
59 125
Employee

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

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

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

24 423
-
135 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
32 963
-
health
1 258
-
3 564
-
total
8 227
-
46 736
-
Employer

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

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

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

24 423
-
135 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
118 705
147 500
-
-
income
17 806
22 125
-
-
total
17 806
22 125
-
-
Dividends
100 899
125 375
-
-
withholding
15 135
18 806
-
-
total
15 135
18 806
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 540
40 931
59 125
59 125
After tax
101 960
106 569
88 375
88 375
Living cost
16 196
16 196
16 196
16 196
Free-cash
85 764
90 373
72 179
72 179

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽58603
₽43655
₽54338
₽58264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
147 500
income
-
-
-
16 609
surtax
-
-
-
-
social contributions

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

-
-
-
51 257
total
-
-
-
67 866
Employee
36 418
-
119 192
-
surtax
-
-
-
-
social contributions
4 006
-
13 111
-
income
7 116
-
37 130
-
total
11 122
-
50 241
-
Employer
36 418
-
119 192
-
social contributions
8 648
-
28 308
-
total
8 648
-
28 308
-
Corporate
102 434
147 500
-
-
income
21 512
30 975
-
-
surtax
-
-
-
-
total
21 512
30 975
-
-
Dividends
80 922
116 525
-
-
withholding
22 658
32 626
-
-
total
22 658
32 626
-
-
Income
147 500
147 500
147 500
147 500
Total tax
63 940
63 601
78 549
67 866
After tax
83 560
83 899
68 951
79 634
Living cost
25 296
25 296
25 296
25 296
Free-cash
58 264
58 603
43 655
54 338

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽65557
₽46063
₽49999
₽59128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
783
income
-
-
-
38 434
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
64 525
Employee
45 316
-
119 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
35 212
-
total
12 342
-
40 735
-
Employer
45 316
-
119 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
87 736
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.

13 160
22 126
-
-
total
13 160
22 126
-
-
Dividends
74 576
125 374
-
-
withholding
15 447
26 841
-
-
total
15 447
26 841
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 396
48 967
68 461
64 525
After tax
92 104
98 533
79 039
82 975
Living cost
32 976
32 976
32 976
32 976
Free-cash
59 128
65 557
46 063
49 999

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽109976
₽106083
₽100489
₽104257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
22 125
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
30 874
Employee
21 368
-
141 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
14 107
-
health
983
-
1 507
-
total
5 231
-
18 851
-
Employer
21 368
-
141 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
121 940
147 500
-
-
income
12 194
14 750
-
-
total
12 194
14 750
-
-
Dividends
109 746
132 750
-
-
withholding
5 488
6 637
-
-
total
5 488
6 637
-
-
Income
147 500
147 500
147 500
147 500
Total tax
27 106
21 387
25 280
30 874
After tax
120 394
126 113
122 220
116 626
Living cost
16 137
16 137
16 137
16 137
Free-cash
104 257
109 976
106 083
100 489

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽39715
₽58844
₽43939
₽51989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
income

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

-
-
-
43 623
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.

-
-
-
2 398
health

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

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

-
-
-
6 410
trade
-
-
-
14 905
total
-
-
-
67 336
Employee

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

46 686
-
147 500
-
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.

212
-
2 398
-
income

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

3 839
-
43 623
-
health

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

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

6 410
-
6 410
-
total
10 461
-
52 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 814
147 500
-
-
income
15 123
22 126
-
-
surtax

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

832
1 216
-
-
chamber of commerce
290
358
-
-
trade
14 467
21 166
-
-
total
30 712
44 866
-
-
Dividends
70 102
102 634
-
-
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.

944
1 392
-
-
withholding
17 169
25 302
-
-
total
18 113
26 694
-
-
Income
147 500
147 500
147 500
147 500
Total tax
59 286
71 560
52 431
67 336
After tax
88 214
75 940
95 069
80 164
Living cost
36 225
36 225
36 225
36 225
Free-cash
51 989
39 715
58 844
43 939

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽49800
₽26363
₽26363
₽51871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 491
social contributions
-
-
-
24 196
total
-
-
-
67 687
Employee
73 396
-
147 500
-
income
13 850
-
43 491
-
social contributions
6 098
-
24 196
-
total
19 948
-
67 687
-
Employer
73 396
-
147 500
-
total
-
-
-
-
Corporate
74 104
147 500
-
-
income
9 263
18 438
-
-
total
9 263
18 438
-
-
Dividends
64 841
129 062
-
-
withholding
12 968
25 812
-
-
total
12 968
25 812
-
-
Income
147 500
147 500
147 500
147 500
Total tax
42 179
44 250
67 687
67 687
After tax
105 321
103 250
79 813
79 813
Living cost
53 450
53 450
53 450
53 450
Free-cash
51 871
49 800
26 363
26 363

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽56857
₽71900
₽81043
₽60135
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
143 184
-
income
4 671
-
32 907
-
social contributions
4 313
-
4 316
-
total
8 984
-
37 223
-
Employer
43 044
-
143 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
100 143
147 500
-
-
income
35 050
51 625
-
-
total
35 050
51 625
-
-
Dividends
65 094
95 875
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 304
56 582
41 539
32 396
After tax
94 196
90 918
105 961
115 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
60 135
56 857
71 900
81 043

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽63636
₽50872
₽64319
₽69184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
40 286
pensions
-
-
-
8 080
total
-
-
-
48 366
Employee
47 789
-
129 011
-
pensions
3 648
-
10 068
-
income
8 703
-
31 321
-
health
623
-
1 939
-
total
12 974
-
43 328
-
Employer
47 789
-
129 011
-
health
908
-
2 450
-
pensions
4 828
-
16 035
-
total
5 736
-
18 485
-
Corporate
93 974
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.

17 856
28 024
-
-
total
17 856
28 024
-
-
Dividends
76 119
119 476
-
-
withholding
6 935
21 025
-
-
total
6 935
21 025
-
-
Income
147 500
147 500
147 500
147 500
Total tax
43 501
49 049
61 813
48 366
After tax
103 999
98 451
85 687
99 134
Living cost
34 815
34 815
34 815
34 815
Free-cash
69 184
63 636
50 872
64 319

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽10734
₽56728
₽78222
₽8469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
accident
-
-
-
240
income
-
-
-
39 964
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
46 596
Employee
35 680
-
131 589
-
pensions
4 018
-
7 264
-
income
4 895
-
29 848
-
health
4 085
-
15 067
-
total
12 998
-
52 179
-
Employer
35 680
-
131 589
-
pensions
5 801
-
10 490
-
accident
596
-
2 197
-
unemployment
874
-
3 224
-
total
7 271
-
15 911
-
Corporate
104 549
147 500
-
-
income

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

94 094
132 750
-
-
total
94 094
132 750
-
-
Dividends
10 455
14 750
-
-
withholding
1 986
2 802
-
-
total
1 986
2 802
-
-
Income
147 500
147 500
147 500
147 500
Total tax
116 349
135 552
68 090
46 596
After tax
31 151
11 948
79 410
100 904
Living cost
22 682
22 682
22 682
22 682
Free-cash
8 469
-10 734
56 728
78 222

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽111444
₽90136
₽70211
₽107054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 050
unemployment
-
-
-
1 770
work injury
-
-
-
737
health insurance
-
-
-
10 915
pensions
-
-
-
27 140
total
-
-
-
64 612
Employee

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

20 283
-
147 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
24 050
-
total
7 605
-
44 687
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 217
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%.

1 272
1 475
-
-
total
1 272
1 475
-
-
Dividends
125 945
146 025
-
-
withholding
18 892
21 904
-
-
total
18 892
21 904
-
-
Income
147 500
147 500
147 500
147 500
Total tax
27 769
23 379
44 687
64 612
After tax
119 731
124 121
102 813
82 888
Living cost
12 677
12 677
12 677
12 677
Free-cash
107 054
111 444
90 136
70 211

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽40313
₽25930
₽32406
₽36044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 938
regional
-
-
-
3 359
municipal
-
-
-
986
national
-
-
-
35 431
total
-
-
-
77 714
Employee
79 067
-
147 500
-
municipal
472
-
880
-
national
13 362
-
30 596
-
regional
1 194
-
2 976
-
social contributions
26 661
-
49 738
-
total
41 689
-
84 190
-
Employer
79 067
-
147 500
-
total
-
-
-
-
Corporate
68 433
147 500
-
-
municipal
3 298
7 110
-
-
nationa
16 424
35 400
-
-
total
19 722
42 510
-
-
Dividends
48 711
104 990
-
-
withholding
12 665
27 297
-
-
total
12 665
27 297
-
-
Income
147 500
147 500
147 500
147 500
Total tax
74 076
69 807
84 190
77 714
After tax
73 424
77 693
63 310
69 786
Living cost
37 380
37 380
37 380
37 380
Free-cash
36 044
40 313
25 930
32 406

Estimated living cost  is ₽37380 per week

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

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close