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
₽44022
₽55130
₽49680
₽65557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
trade
-
-
-
15 876
income

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

-
-
-
42 331
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.

-
-
-
6 862
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.

-
-
-
2 327
total
-
-
-
67 396
Employee

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

38 418
-
147 500
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
2 327
-
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.

1 073
-
42 331
-
total
7 994
-
51 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 082
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.

900
1 216
-
-
income
16 362
22 124
-
-
trade
17 180
23 232
-
-
chamber of commerce
309
364
-
-
total
34 751
46 936
-
-
Dividends
74 332
100 564
-
-
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.

1 001
1 361
-
-
withholding
18 201
24 758
-
-
total
19 202
26 119
-
-
Income
147 500
147 500
147 500
147 500
Total tax
61 947
73 055
51 520
67 396
After tax
85 553
74 445
95 980
80 104
Living cost
30 423
30 423
30 423
30 423
Free-cash
55 130
44 022
65 557
49 680

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41357
₽40514
₽36850
₽38008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
municipal
-
-
-
15 956
pensions
-
-
-
17 700
national
-
-
-
24 725
social contributions
-
-
-
1 586
total
-
-
-
59 967
Employee
78 568
-
127 512
-
municipal
9 704
-
16 527
-
pensions
3 143
-
5 100
-
national
15 038
-
25 610
-
total
27 885
-
47 237
-
Employer
78 568
-
127 512
-
social contributions
845
-
1 371
-
pensions
6 285
-
10 201
-
total
7 130
-
11 572
-
Corporate
56 617
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%.

11 323
29 500
-
-
total
11 323
29 500
-
-
Dividends
45 293
118 000
-
-
withholding
9 965
25 960
-
-
total
9 965
25 960
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 303
55 460
58 809
59 967
After tax
91 197
92 040
88 691
87 533
Living cost
50 683
50 683
50 683
50 683
Free-cash
40 514
41 357
38 008
36 850

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97102
₽88863
₽26577
₽69283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
23 929
surtax
-
-
-
37 613
social contributions

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

-
-
-
38 484
total
-
-
-
100 026
Employee
29 350
-
105 226
-
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.

3 229
-
11 576
-
surtax
-
-
-
-
income
5 225
-
20 395
-
total
8 454
-
31 971
-
Employer
29 350
-
105 226
-
social contributions

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

7 070
-
25 349
-
surtax
-
-
-
-
total
7 070
-
25 349
-
Corporate
111 080
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%.

22 216
29 501
-
-
total
22 216
29 501
-
-
Dividends

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

88 865
117 999
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
37 740
29 501
57 320
100 026
After tax
109 760
117 999
90 180
47 474
Living cost
20 897
20 897
20 897
20 897
Free-cash
88 863
97 102
69 283
26 577

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30512
₽24358
₽41403
₽46884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 866
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
64 020
Employee
85 775
85 775
128 834
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
15 719
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
39 873
-
Employer
85 775
85 775
128 834
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
47 757
46 705
-
-
income
9 551
9 342
-
-
total
9 551
9 342
-
-
Dividends
38 206
37 363
-
-
income
8 118
7 939
-
-
withholding
5 732
5 604
-
-
total
13 850
13 543
-
-
Income
147 500
147 500
147 500
147 500
Total tax
81 065
74 911
58 539
64 020
After tax
66 435
72 589
88 961
83 480
Living cost
42 077
42 077
42 077
42 077
Free-cash
24 358
30 512
46 884
41 403

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽41574
₽40699
₽38291
₽37346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
municipal
-
-
-
36 608
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
8 903
total
-
-
-
70 248
Employee
55 516
-
120 671
-
municipal
16 555
-
35 984
-
national
-
-
8 380
-
total
16 555
-
44 364
-
Employer
55 516
-
120 671
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
74 541
147 500
-
-
income
16 399
32 450
-
-
total
16 399
32 450
-
-
Dividends
58 142
115 050
-
-
withholding
17 443
34 515
-
-
total
17 443
34 515
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 840
66 965
71 193
70 248
After tax
79 660
80 535
76 307
77 252
Living cost
38 961
38 961
38 961
38 961
Free-cash
40 699
41 574
37 346
38 291

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34228
₽48338
₽39941
₽56522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
trade
-
-
-
16 581
income

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

-
-
-
42 331
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.

-
-
-
6 862
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.

-
-
-
2 327
total
-
-
-
68 101
Employee

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

50 937
-
147 500
-
health

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

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

6 862
-
6 862
-
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.

240
-
2 327
-
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.

4 376
-
42 331
-
total
11 478
-
51 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 563
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.

797
1 216
-
-
income
14 484
22 124
-
-
trade
15 885
24 263
-
-
chamber of commerce
290
362
-
-
total
31 456
47 965
-
-
Dividends
65 107
99 535
-
-
surtax

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

875
1 348
-
-
withholding
15 895
24 501
-
-
total
16 770
25 849
-
-
Income
147 500
147 500
147 500
147 500
Total tax
59 704
73 814
51 520
68 101
After tax
87 796
73 686
95 980
79 399
Living cost
39 458
39 458
39 458
39 458
Free-cash
48 338
34 228
56 522
39 941

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75119
₽70956
₽69712
₽68334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
25 197
health
-
-
-
3 761
social contributions
-
-
-
16 251
total
-
-
-
45 209
Employee
77 236
77 236
136 332
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 318
-
income
8 110
7 150
24 455
-
total
12 631
14 873
35 419
-
Employer
77 236
77 236
136 332
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 522
-
total
4 590
7 840
11 168
-
Corporate
97 700
62 424
-
-
income
12 212
7 804
-
-
total
12 212
7 804
-
-
Dividends
85 487
54 620
-
-
withholding
14 532
9 285
-
-
total
14 532
9 285
-
-
Income
147 500
147 500
147 500
147 500
Total tax
43 965
39 802
46 587
45 209
After tax
103 535
107 698
100 913
102 291
Living cost
32 579
32 579
32 579
32 579
Free-cash
70 956
75 119
68 334
69 712

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64687
₽65068
₽83949
₽67276
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
123 431
-
health
1 842
733
8 640
-
income
3 217
1 281
15 089
-
pensions
2 632
1 047
12 343
-
unemployment
395
157
1 851
-
total
8 086
3 218
37 923
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
123 431
-
pensions
5 132
2 043
24 069
-
total
5 132
2 043
24 069
-
Corporate
116 049
134 983
-
-
income
10 444
12 148
-
-
total
10 444
12 148
-
-
Dividends
105 604
122 834
-
-
social contributions
20 473
23 833
-
-
withholding
20 065
23 339
-
-
total
40 538
47 172
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 200
64 581
61 992
45 319
After tax
83 300
82 919
85 508
102 181
Living cost
18 232
18 232
18 232
18 232
Free-cash
65 068
64 687
67 276
83 949

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93738
₽87499
₽54801
₽60759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 764
pensions
-
-
-
29 499
health
-
-
-
19 175
total
-
-
-
68 438
Employee
28 494
-
110 238
-
income
3 208
-
21 253
-
pensions
570
-
2 205
-
unemployment
456
-
1 763
-
total
4 234
-
25 221
-
Employer
28 494
-
110 238
-
unemployment
229
-
883
-
pensions
5 699
-
22 046
-
health
3 704
-
14 330
-
total
9 632
-
37 259
-
Corporate
109 374
147 500
-
-
income
21 874
29 501
-
-
total
21 874
29 501
-
-
Dividends
87 500
117 999
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
35 740
29 501
62 480
68 438
After tax
111 760
117 999
85 020
79 062
Living cost
24 261
24 261
24 261
24 261
Free-cash
87 499
93 738
60 759
54 801

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10097
₽8566
₽78893
₽57056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
39 585
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
46 563
Employee
34 676
-
131 061
-
health
3 970
-
15 006
-
income
4 757
-
29 310
-
pensions
3 905
-
7 645
-
total
12 632
-
51 961
-
Employer
34 676
-
131 061
-
accident
579
-
2 189
-
unemployment
850
-
3 211
-
pensions
5 639
-
11 039
-
total
7 068
-
16 439
-
Corporate
105 757
147 500
-
-
income

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

95 181
132 750
-
-
total
95 181
132 750
-
-
Dividends
10 576
14 750
-
-
withholding
2 009
2 803
-
-
total
2 009
2 803
-
-
Income
147 500
147 500
147 500
147 500
Total tax
116 890
135 553
68 400
46 563
After tax
30 610
11 947
79 100
100 937
Living cost
22 044
22 044
22 044
22 044
Free-cash
8 566
-10 097
57 056
78 893

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131025
₽129319
₽136925
₽108900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
147 500
-
income
2 275
-
29 500
-
total
2 275
-
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%.

136 126
147 500
-
-
total
-
-
-
-
Dividends
136 126
147 500
-
-
withholding
6 806
7 375
-
-
total
6 806
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
9 081
7 375
29 500
1 475
After tax
138 419
140 125
118 000
146 025
Living cost
9 100
9 100
9 100
9 100
Free-cash
129 319
131 025
108 900
136 925

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81606
₽74819
₽51438
₽57540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
20 401
pensions

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

-
-
-
35 400
other
-
-
-
7 007
health
-
-
-
6 490
total
-
-
-
69 298
Employee
36 470
-
117 812
-
health
511
-
1 649
-
income
6 279
-
22 435
-
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.

2 552
-
8 246
-
unemployment
364
-
1 178
-
total
9 706
-
33 508
-
Employer
36 470
-
117 812
-
accident
292
-
942
-
other
1 824
-
5 892
-
unemployment
364
-
1 178
-
pensions

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

6 201
-
20 027
-
health
511
-
1 649
-
total
9 192
-
29 688
-
Corporate
101 839
147 500
-
-
income
21 386
30 974
-
-
total
21 386
30 974
-
-
Dividends
80 452
116 526
-
-
withholding
5 633
8 156
-
-
total
5 633
8 156
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 917
39 130
63 196
69 298
After tax
101 583
108 370
84 304
78 202
Living cost
26 764
26 764
26 764
26 764
Free-cash
74 819
81 606
57 540
51 438

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32603
₽29633
₽32906
₽19392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 051
pensions
-
-
-
8 442
total
-
-
-
47 493
Employee
94 938
-
129 120
-
health
1 564
-
1 987
-
income
17 114
-
30 042
-
pensions
9 159
-
10 598
-
total
27 837
-
42 627
-
Employer
94 938
-
129 120
-
pensions
11 209
-
15 927
-
health
1 803
-
2 453
-
total
13 012
-
18 380
-
Corporate
39 550
147 500
-
-
income

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

7 515
28 025
-
-
total
7 515
28 025
-
-
Dividends
32 035
119 475
-
-
withholding
2 402
19 771
-
-
total
2 402
19 771
-
-
Income
147 500
147 500
147 500
147 500
Total tax
50 766
47 796
61 007
47 493
After tax
96 734
99 704
86 493
100 007
Living cost
67 101
67 101
67 101
67 101
Free-cash
29 633
32 603
19 392
32 906

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112944
₽108280
₽102841
₽108308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 491
Employee
17 436
-
140 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 061
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 141
-
Employer
17 436
-
140 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
126 643
147 500
-
-
income
12 664
14 750
-
-
total
12 664
14 750
-
-
Dividends
113 979
132 750
-
-
withholding
5 699
6 638
-
-
total
5 699
6 638
-
-
Income
147 500
147 500
147 500
147 500
Total tax
26 052
21 388
26 024
31 491
After tax
121 448
126 112
121 476
116 009
Living cost
13 168
13 168
13 168
13 168
Free-cash
108 280
112 944
108 308
102 841

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16892
₽19417
₽27783
₽33264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 866
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
64 020
Employee
93 124
85 775
128 834
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
15 719
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
39 873
-
Employer
93 124
85 775
128 834
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
38 071
46 705
-
-
income
7 615
9 342
-
-
total
7 615
9 342
-
-
Dividends
30 457
37 363
-
-
income
6 471
7 939
-
-
withholding
4 569
5 604
-
-
total
11 040
13 543
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 386
74 911
58 539
64 020
After tax
75 114
72 589
88 961
83 480
Living cost
55 697
55 697
55 697
55 697
Free-cash
19 417
16 892
33 264
27 783

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77534
₽68964
₽55050
₽50830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
13 954
health
-
-
-
19 912
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
68 430
Employee
35 324
-
110 075
-
social contributions
2 296
-
7 155
-
health
4 769
-
14 860
-
solidarity contribution
-
-
-
-
income
4 239
-
13 209
-
total
11 304
-
35 224
-
Employer
35 324
-
110 075
-
social contributions
8 831
-
27 519
-
health
3 179
-
9 907
-
total
12 010
-
37 426
-
Corporate
100 166
147 500
-
-
income
19 032
28 025
-
-
total
19 032
28 025
-
-
Dividends
81 134
119 475
-
-
withholding
12 170
17 921
-
-
total
12 170
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
54 516
45 946
72 650
68 430
After tax
92 984
101 554
74 850
79 070
Living cost
24 020
24 020
24 020
24 020
Free-cash
68 964
77 534
50 830
55 050

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36313
₽31070
₽29830
₽22952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
municipal
-
-
-
877
regional
-
-
-
1 710
national
-
-
-
34 762
social contributions
-
-
-
37 937
total
-
-
-
75 286
Employee
89 268
-
147 500
-
social contributions
30 101
-
49 738
-
regional
842
-
1 508
-
municipal
473
-
782
-
national
15 468
-
30 136
-
total
46 884
-
82 164
-
Employer
89 268
-
147 500
-
total
-
-
-
-
Corporate
58 232
147 500
-
-
nationa
13 976
35 400
-
-
municipal
2 270
5 753
-
-
total
16 246
41 153
-
-
Dividends
41 986
106 347
-
-
withholding
10 916
27 650
-
-
total
10 916
27 650
-
-
Income
147 500
147 500
147 500
147 500
Total tax
74 046
68 803
82 164
75 286
After tax
73 454
78 697
65 336
72 214
Living cost
42 384
42 384
42 384
42 384
Free-cash
31 070
36 313
22 952
29 830

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70613
₽67487
₽47830
₽43645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
35 820
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 129
total
-
-
-
77 506
Employee
33 216
-
121 851
-
other
-
-
-
-
health
848
-
3 107
-
surtax
109
-
4 470
-
income
5 568
-
31 857
-
pensions
2 215
-
8 128
-
unemployment
2 312
-
8 480
-
total
11 052
-
56 042
-
Employer
33 216
-
121 851
-
other
-
-
-
-
unemployment
1 052
-
3 862
-
pensions
4 428
-
16 242
-
health
1 512
-
5 545
-
total
6 992
-
25 649
-
Corporate
107 292
147 500
-
-
income
27 896
38 351
-
-
total
27 896
38 351
-
-
Dividends
79 396
109 149
-
-
withholding
11 909
16 372
-
-
total
11 909
16 372
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 849
54 723
81 691
77 506
After tax
89 651
92 777
65 809
69 994
Living cost
22 164
22 164
22 164
22 164
Free-cash
67 487
70 613
43 645
47 830

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53862
₽56778
₽54165
₽40651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 051
pensions
-
-
-
8 442
total
-
-
-
47 493
Employee
63 625
-
129 120
-
health
924
-
1 987
-
income
11 459
-
30 042
-
pensions
5 400
-
10 598
-
total
17 783
-
42 627
-
Employer
63 625
-
129 120
-
pensions
6 887
-
15 927
-
health
1 209
-
2 453
-
total
8 096
-
18 380
-
Corporate
75 779
147 500
-
-
income

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

14 398
28 025
-
-
total
14 398
28 025
-
-
Dividends
61 381
119 475
-
-
withholding
4 603
19 771
-
-
total
4 603
19 771
-
-
Income
147 500
147 500
147 500
147 500
Total tax
44 880
47 796
61 007
47 493
After tax
102 620
99 704
86 493
100 007
Living cost
45 842
45 842
45 842
45 842
Free-cash
56 778
53 862
40 651
54 165

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8945
₽23742
₽44316
₽37147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 554
pensions
-
-
-
13 570
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
-
-
-
6 579
health
-
-
-
332
national
-
-
-
1 806
total
-
-
-
26 790
Employee
89 401
-
132 021
-
city
959
-
1 419
-
regional
2 927
-
5 661
-
health
202
-
296
-
pensions
7 511
-
11 090
-
unemployment
-
-
-
-
national
423
-
1 466
-
total
12 022
-
19 932
-
Employer
89 401
-
132 021
-
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.

1 787
-
2 641
-
unemployment
-
-
-
-
pensions
7 511
-
11 090
-
health
202
-
296
-
total
9 500
-
14 027
-
Corporate
47 616
147 500
-
-
regional
10 071
31 195
-
-
national
4 048
12 538
-
-
total
14 119
43 733
-
-
Dividends
33 496
103 767
-
-
withholding
11 723
36 318
-
-
total
11 723
36 318
-
-
Income
147 500
147 500
147 500
147 500
Total tax
47 364
80 051
33 959
26 790
After tax
100 136
67 449
113 541
120 710
Living cost
76 394
76 394
76 394
76 394
Free-cash
23 742
-8 945
37 147
44 316

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26912
₽43199
₽32680
₽49966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
trade
-
-
-
17 286
income

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

-
-
-
42 331
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.

-
-
-
6 862
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.

-
-
-
2 327
total
-
-
-
68 806
Employee

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

60 365
-
147 500
-
health

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

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

6 862
-
6 862
-
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.

391
-
2 327
-
income

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

7 098
-
42 331
-
total
14 351
-
51 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 135
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.

719
1 216
-
-
income
13 070
22 124
-
-
trade
14 944
25 296
-
-
chamber of commerce
274
360
-
-
total
29 007
48 996
-
-
Dividends
58 128
98 504
-
-
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.

778
1 334
-
-
withholding
14 151
24 244
-
-
total
14 929
25 578
-
-
Income
147 500
147 500
147 500
147 500
Total tax
58 287
74 574
51 520
68 806
After tax
89 213
72 926
95 980
78 694
Living cost
46 014
46 014
46 014
46 014
Free-cash
43 199
26 912
49 966
32 680

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39973
₽45908
₽49230
₽49987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
20 704
pensions
-
-
-
29 107
other
-
-
-
4 573
health
-
-
-
5 318
surtax
-
-
-
-
social contributions
-
-
-
4 203
total
-
-
-
63 905
Employee
42 988
-
115 939
-
social contributions
1 226
-
3 303
-
surtax
-
-
-
-
income
2 537
-
20 961
-
pensions
4 861
-
7 321
-
total
8 624
-
31 585
-
Employer
42 988
-
115 939
-
other
1 483
-
4 208
-
social contributions
130
-
347
-
unemployment
1 740
-
4 695
-
pensions
7 062
-
12 461
-
health
3 010
-
9 852
-
total
13 425
-
31 563
-
Corporate
91 087
147 500
-
-
surtax
-
-
-
-
income
25 504
41 300
-
-
total
25 504
41 300
-
-
Dividends
65 583
106 200
-
-
surtax
-
-
-
-
social contributions
11 280
18 268
-
-
withholding
8 394
13 594
-
-
total
19 674
31 862
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 227
73 162
63 148
63 905
After tax
80 273
74 338
84 352
83 595
Living cost
34 365
34 365
34 365
34 365
Free-cash
45 908
39 973
49 987
49 230

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43378
₽48962
₽52635
₽53392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
20 704
pensions
-
-
-
29 107
other
-
-
-
4 573
health
-
-
-
5 318
surtax
-
-
-
-
social contributions
-
-
-
4 203
total
-
-
-
63 905
Employee
38 373
-
115 939
-
social contributions
1 094
-
3 303
-
surtax
-
-
-
-
income
1 979
-
20 961
-
pensions
4 340
-
7 321
-
total
7 413
-
31 585
-
Employer
38 373
-
115 939
-
other
1 325
-
4 208
-
social contributions
114
-
347
-
unemployment
1 553
-
4 695
-
pensions
6 305
-
12 461
-
health
2 686
-
9 852
-
total
11 983
-
31 563
-
Corporate
97 143
147 500
-
-
surtax
-
-
-
-
income
27 200
41 300
-
-
total
27 200
41 300
-
-
Dividends
69 943
106 200
-
-
surtax
-
-
-
-
social contributions
12 029
18 268
-
-
withholding
8 953
13 594
-
-
total
20 982
31 862
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 578
73 162
63 148
63 905
After tax
79 922
74 338
84 352
83 595
Living cost
30 960
30 960
30 960
30 960
Free-cash
48 962
43 378
53 392
52 635

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68690
₽69211
₽73427
₽71248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 124
health
-
-
-
10 295
social contributions
-
-
-
20 355
total
-
-
-
52 774
Employee
34 056
-
147 500
-
social contributions
4 700
-
20 355
-
health
2 377
-
10 295
-
income
5 680
-
24 303
-
total
12 757
-
54 953
-
Employer
34 056
-
147 500
-
total
-
-
-
-
Corporate
113 444
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%.

5 673
7 375
-
-
total
5 673
7 375
-
-
Dividends
107 771
140 125
-
-
health
7 521
9 780
-
-
social contributions
14 873
19 337
-
-
withholding
16 166
21 019
-
-
total
38 560
50 136
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 990
57 511
54 953
52 774
After tax
90 510
89 989
92 547
94 726
Living cost
21 299
21 299
21 299
21 299
Free-cash
69 211
68 690
71 248
73 427

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46501
₽44945
₽40007
₽3304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
591
income
-
-
-
34 466
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
72 101
Employee
50 197
40 028
114 385
-
other
501
400
1 144
-
health
1 942
1 550
4 426
-
income
5 715
2 953
27 334
-
pensions
5 141
4 098
11 713
-
unemployment
1 506
1 201
3 431
-
total
14 805
10 202
48 048
-
Employer
50 197
40 028
114 385
-
accident
652
520
1 487
-
other
2 385
1 900
5 432
-
chamber of commerce
200
160
457
-
unemployment
1 506
1 201
3 431
-
surtax
198
198
198
-
pensions
6 300
5 024
14 355
-
payroll
1 506
1 201
3 431
-
health
1 897
1 513
4 323
-
total
14 644
11 717
33 114
-
Corporate
82 660
95 753
110 573
-
income

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

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

20 666
23 939
27 642
-
total
20 666
23 939
27 642
-
Dividends
61 994
71 814
-
-
withholding
17 048
19 749
-
-
total
17 048
19 749
-
-
Income
147 500
147 500
147 500
147 500
Total tax
67 163
65 607
108 804
72 101
After tax
80 337
81 893
38 696
75 399
Living cost
35 392
35 392
35 392
35 392
Free-cash
44 945
46 501
3 304
40 007

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45928
₽30866
₽27994
₽16955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
52 328
communal

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

-
-
-
7 464
social contributions
-
-
-
23 091
total
-
-
-
82 883
Employee

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

71 848
-
114 244
-
communal

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

3 747
-
5 958
-
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.

3 376
-
5 369
-
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.

5 389
-
8 568
-
unemployment

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

625
-
993
-
national
22 089
-
39 780
-
total
35 226
-
60 668
-
Employer

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

71 848
-
114 244
-
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.

934
-
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.

1 048
-
1 668
-
surtax
8 147
-
12 954
-
pensions

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

6 366
-
10 121
-
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.

4 418
-
7 026
-
total
20 913
-
33 254
-
Corporate
54 738
147 500
-
-
surtax
219
591
-
-
income
10 947
29 501
-
-
total
11 166
30 092
-
-
Dividends
43 572
117 408
-
-
withholding

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

12 706
34 857
-
-
total
12 706
34 857
-
-
Income
147 500
147 500
147 500
147 500
Total tax
80 011
64 949
93 922
82 883
After tax
67 489
82 551
53 578
64 617
Living cost
36 623
36 623
36 623
36 623
Free-cash
30 866
45 928
16 955
27 994

Estimated living cost  is ₽36623 per week

₽23590
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.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62401
₽54999
₽46833
₽42421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
36 463
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
64 393
Employee
49 998
-
117 820
-
other
50
-
93
-
income
10 549
-
33 213
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
39 125
-
Employer
49 998
-
117 820
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
81 565
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.

12 235
22 124
-
-
total
12 235
22 124
-
-
Dividends
69 329
125 376
-
-
withholding
14 330
26 701
-
-
total
14 330
26 701
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 227
48 825
68 805
64 393
After tax
91 273
98 675
78 695
83 107
Living cost
36 274
36 274
36 274
36 274
Free-cash
54 999
62 401
42 421
46 833

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33301
₽22012
₽21635
₽27515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 243
income
-
-
-
20 930
pensions
-
-
-
22 109
health
-
-
-
10 363
surtax
-
-
-
7 312
communal
-
-
-
9 323
total
-
-
-
71 280
Employee
76 065
-
131 756
-
health
3 385
-
5 863
-
surtax
4 662
-
8 074
-
income
7 347
-
25 177
-
pensions
6 084
-
10 541
-
total
21 478
-
49 655
-
Employer
76 065
-
131 756
-
accident
684
-
1 186
-
pensions
6 084
-
10 541
-
health
2 320
-
4 018
-
total
9 088
-
15 745
-
Corporate
62 347
147 500
-
-
surtax
654
1 548
-
-
communal
4 209
9 956
-
-
income
9 351
22 124
-
-
total
14 214
33 628
-
-
Dividends
48 133
113 873
-
-
income
18 903
8 905
-
-
withholding
7 220
17 081
-
-
total
26 123
25 986
-
-
Income
147 500
147 500
147 500
147 500
Total tax
70 903
59 614
65 400
71 280
After tax
76 597
87 886
82 100
76 220
Living cost
54 585
54 585
54 585
54 585
Free-cash
22 012
33 301
27 515
21 635

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70216
₽67023
₽47433
₽43248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
35 820
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 129
total
-
-
-
77 506
Employee
33 826
-
121 851
-
other
-
-
-
-
health
863
-
3 107
-
surtax
120
-
4 470
-
income
5 671
-
31 857
-
pensions
2 257
-
8 128
-
unemployment
2 354
-
8 480
-
total
11 265
-
56 042
-
Employer
33 826
-
121 851
-
other
-
-
-
-
unemployment
1 073
-
3 862
-
pensions
4 510
-
16 242
-
health
1 538
-
5 545
-
total
7 121
-
25 649
-
Corporate
106 553
147 500
-
-
income
27 703
38 351
-
-
total
27 703
38 351
-
-
Dividends
78 850
109 149
-
-
withholding
11 827
16 372
-
-
total
11 827
16 372
-
-
Income
147 500
147 500
147 500
147 500
Total tax
57 916
54 723
81 691
77 506
After tax
89 584
92 777
65 809
69 994
Living cost
22 561
22 561
22 561
22 561
Free-cash
67 023
70 216
43 248
47 433

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50472
₽48244
₽44644
₽37802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
municipal
-
-
-
877
regional
-
-
-
2 223
national
-
-
-
34 762
social contributions
-
-
-
37 937
total
-
-
-
75 799
Employee
55 717
-
147 500
-
social contributions
18 788
-
49 738
-
regional
750
-
1 985
-
municipal
295
-
782
-
national
8 827
-
30 136
-
total
28 660
-
82 641
-
Employer
55 717
-
147 500
-
total
-
-
-
-
Corporate
91 783
147 500
-
-
nationa
22 027
35 400
-
-
municipal
4 561
7 331
-
-
total
26 588
42 731
-
-
Dividends
65 194
104 769
-
-
withholding
16 951
27 240
-
-
total
16 951
27 240
-
-
Income
147 500
147 500
147 500
147 500
Total tax
72 199
69 971
82 641
75 799
After tax
75 301
77 529
64 859
71 701
Living cost
27 057
27 057
27 057
27 057
Free-cash
48 244
50 472
37 802
44 644

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71955
₽61396
₽49471
₽45251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
13 954
health
-
-
-
19 912
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
68 430
Employee
43 528
-
110 075
-
social contributions
2 829
-
7 155
-
health
5 876
-
14 860
-
solidarity contribution
-
-
-
-
income
5 223
-
13 209
-
total
13 928
-
35 224
-
Employer
43 528
-
110 075
-
social contributions
10 882
-
27 519
-
health
3 918
-
9 907
-
total
14 800
-
37 426
-
Corporate
89 172
147 500
-
-
income
16 943
28 025
-
-
total
16 943
28 025
-
-
Dividends
72 229
119 475
-
-
withholding
10 834
17 921
-
-
total
10 834
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
56 505
45 946
72 650
68 430
After tax
90 995
101 554
74 850
79 070
Living cost
29 599
29 599
29 599
29 599
Free-cash
61 396
71 955
45 251
49 471

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽49957
₽49459
₽43552
₽6684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
591
income
-
-
-
34 466
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
71 903
Employee
43 907
40 028
114 536
-
other
438
400
1 146
-
health
1 698
1 550
4 432
-
income
3 911
2 953
27 385
-
pensions
4 497
4 098
11 728
-
unemployment
1 317
1 201
3 437
-
total
11 861
10 202
48 128
-
Employer
43 907
40 028
114 536
-
accident
570
520
1 489
-
other
2 085
1 900
5 440
-
chamber of commerce
175
160
457
-
unemployment
1 317
1 201
3 437
-
surtax
-
-
-
-
pensions
5 511
5 024
14 374
-
payroll
1 317
1 201
3 437
-
health
1 660
1 513
4 329
-
total
12 635
11 519
32 963
-
Corporate
90 958
95 951
110 726
-
income

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

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

22 740
23 988
27 680
-
total
22 740
23 988
27 680
-
Dividends
68 218
71 963
-
-
withholding
18 760
19 789
-
-
total
18 760
19 789
-
-
Income
147 500
147 500
147 500
147 500
Total tax
65 996
65 498
108 771
71 903
After tax
81 504
82 002
38 729
75 597
Living cost
32 045
32 045
32 045
32 045
Free-cash
49 459
49 957
6 684
43 552

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125945
₽123286
₽131845
₽103820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
147 500
-
income
3 545
-
29 500
-
total
3 545
-
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%.

129 774
147 500
-
-
total
-
-
-
-
Dividends
129 774
147 500
-
-
withholding
6 489
7 375
-
-
total
6 489
7 375
-
-
Income
147 500
147 500
147 500
147 500
Total tax
10 034
7 375
29 500
1 475
After tax
137 466
140 125
118 000
146 025
Living cost
14 180
14 180
14 180
14 180
Free-cash
123 286
125 945
103 820
131 845

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74613
₽66211
₽46594
₽42685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 294
pensions
-
-
-
26 937
unemployment
-
-
-
221
health
-
-
-
14 513
total
-
-
-
73 965
Employee

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

44 416
-
127 629
-
health
2 869
-
8 246
-
income
7 660
-
29 796
-
pensions
6 885
-
19 782
-
unemployment
63
-
179
-
total
17 477
-
58 003
-
Employer

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

44 416
-
127 629
-
unemployment
27
-
76
-
pensions
3 930
-
11 296
-
health
2 958
-
8 499
-
total
6 915
-
19 871
-
Corporate
96 168
147 500
-
-
income
18 272
28 025
-
-
total
18 272
28 025
-
-
Dividends
77 896
119 475
-
-
withholding
11 684
17 921
-
-
total
11 684
17 921
-
-
Income
147 500
147 500
147 500
147 500
Total tax
54 348
45 946
77 874
73 965
After tax
93 152
101 554
69 626
73 535
Living cost
26 941
26 941
26 941
26 941
Free-cash
66 211
74 613
42 685
46 594

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽46175
-₽3041
₽58370
₽90654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
28 751
social contributions
-
-
-
16 815
total
-
-
-
45 566
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
-
147 500
-
-
income
-
32 450
-
-
total
-
32 450
-
-
Dividends
-
115 050
-
-
income
-
25 311
-
-
total
-
25 311
-
-
Income
147 500
147 500
147 500
147 500
Total tax
106 977
57 761
13 282
45 566
After tax
40 523
89 739
134 218
101 934
Living cost
43 564
43 564
43 564
43 564
Free-cash
-3 041
46 175
90 654
58 370

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52393
₽51379
₽48505
₽38191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 232
surtax
-
-
-
-
social contributions

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

-
-
-
51 257
total
-
-
-
67 489
Employee
46 196
-
119 192
-
social contributions
5 082
-
13 112
-
surtax
-
-
-
-
income
9 609
-
36 383
-
total
14 691
-
49 495
-
Employer
46 196
-
119 192
-
social contributions
10 972
-
28 308
-
total
10 972
-
28 308
-
Corporate
90 332
147 500
-
-
surtax
-
-
-
-
income
18 970
30 974
-
-
total
18 970
30 974
-
-
Dividends
71 363
116 526
-
-
withholding
19 982
32 627
-
-
total
19 982
32 627
-
-
Income
147 500
147 500
147 500
147 500
Total tax
64 615
63 601
77 803
67 489
After tax
82 885
83 899
69 697
80 011
Living cost
31 506
31 506
31 506
31 506
Free-cash
51 379
52 393
38 191
48 505

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25825
₽32730
₽35082
₽35839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
20 704
pensions
-
-
-
29 107
other
-
-
-
4 573
health
-
-
-
5 318
surtax
-
-
-
-
social contributions
-
-
-
4 203
total
-
-
-
63 905
Employee
62 910
-
115 939
-
social contributions
1 792
-
3 303
-
surtax
-
-
-
-
income
5 489
-
20 961
-
pensions
7 115
-
7 321
-
total
14 396
-
31 585
-
Employer
62 910
-
115 939
-
other
2 171
-
4 208
-
social contributions
189
-
347
-
unemployment
2 548
-
4 695
-
pensions
10 337
-
12 461
-
health
4 403
-
9 852
-
total
19 648
-
31 563
-
Corporate
64 942
147 500
-
-
surtax
-
-
-
-
income
18 184
41 300
-
-
total
18 184
41 300
-
-
Dividends
46 758
106 200
-
-
surtax
-
-
-
-
social contributions
8 044
18 268
-
-
withholding
5 985
13 594
-
-
total
14 029
31 862
-
-
Income
147 500
147 500
147 500
147 500
Total tax
66 257
73 162
63 148
63 905
After tax
81 243
74 338
84 352
83 595
Living cost
48 513
48 513
48 513
48 513
Free-cash
32 730
25 825
35 839
35 082

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102558
₽99182
₽79451
₽83371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 406
social contributions
-
-
-
32 450
total
-
-
-
37 856
Employee
32 292
-
127 705
-
income
-
-
5 840
-
social contributions
2 099
-
8 301
-
total
2 099
-
14 141
-
Employer
32 292
-
127 705
-
social contributions
5 005
-
19 795
-
total
5 005
-
19 795
-
Corporate
110 203
147 500
-
-
income
11 021
14 749
-
-
total
11 021
14 749
-
-
Dividends
99 182
132 751
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
18 125
14 749
33 936
37 856
After tax
129 375
132 751
113 564
109 644
Living cost
30 193
30 193
30 193
30 193
Free-cash
99 182
102 558
83 371
79 451

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽71345
-₽71345
₽40319
-₽71345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
municipal
-
-
-
29 851
pensions
-
-
-
871
national
-
-
-
16 355
labour market
-
-
-
11 730
total
-
-
-
58 807
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
147 500
147 500
147 500
147 500
Total tax
170 471
170 471
170 471
58 807
After tax
-22 971
-22 971
-22 971
88 693
Living cost
48 374
48 374
48 374
48 374
Free-cash
-71 345
-71 345
-71 345
40 319

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9772
₽8617
₽79218
₽57381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
39 585
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
46 563
Employee
34 165
-
131 061
-
health
3 912
-
15 006
-
income
4 687
-
29 310
-
pensions
3 847
-
7 645
-
total
12 446
-
51 961
-
Employer
34 165
-
131 061
-
accident
570
-
2 189
-
unemployment
837
-
3 211
-
pensions
5 555
-
11 039
-
total
6 962
-
16 439
-
Corporate
106 372
147 500
-
-
income

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

95 735
132 750
-
-
total
95 735
132 750
-
-
Dividends
10 637
14 750
-
-
withholding
2 021
2 803
-
-
total
2 021
2 803
-
-
Income
147 500
147 500
147 500
147 500
Total tax
117 164
135 553
68 400
46 563
After tax
30 336
11 947
79 100
100 937
Living cost
21 719
21 719
21 719
21 719
Free-cash
8 617
-9 772
57 381
79 218

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55691
₽57511
₽60849
₽40687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
municipal
-
-
-
26 217
health
-
-
-
1 853
national
-
-
-
20 018
total
-
-
-
48 088
Employee
52 845
-
124 085
-
health
395
-
1 492
-
municipal
8 656
-
20 224
-
pensions
3 566
-
8 375
-
unemployment
793
-
1 860
-
national
873
-
12 885
-
total
14 283
-
44 836
-
Employer
52 845
-
124 085
-
accident
53
-
124
-
unemployment
343
-
806
-
pensions
9 168
-
21 529
-
health
406
-
955
-
total
9 970
-
23 414
-
Corporate
84 684
147 500
-
-
income
16 938
29 501
-
-
total
16 938
29 501
-
-
Dividends

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

50 810
88 499
-
-
national
1 090
7 816
-
-
municipal
9 145
15 929
-
-
total
10 235
23 745
-
-
Income
147 500
147 500
147 500
147 500
Total tax
51 426
53 246
68 250
48 088
After tax
96 074
94 254
79 250
99 412
Living cost
38 563
38 563
38 563
38 563
Free-cash
57 511
55 691
40 687
60 849

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84443
₽78979
₽79036
₽77658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
25 197
health
-
-
-
3 761
social contributions
-
-
-
16 251
total
-
-
-
45 209
Employee
77 236
77 236
136 332
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 318
-
income
8 410
7 150
24 455
-
total
11 929
14 873
35 419
-
Employer
77 236
77 236
136 332
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 522
-
total
3 570
7 840
11 168
-
Corporate
108 746
62 424
-
-
income
13 592
7 804
-
-
total
13 592
7 804
-
-
Dividends
95 154
54 620
-
-
withholding
16 175
9 285
-
-
total
16 175
9 285
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 266
39 802
46 587
45 209
After tax
102 234
107 698
100 913
102 291
Living cost
23 255
23 255
23 255
23 255
Free-cash
78 979
84 443
77 658
79 036

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106198
₽101088
₽106735
₽86588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 765
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
24 818
Employee

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

23 055
-
137 684
-
health
1 959
-
8 101
-
income
1 576
-
12 274
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
35 148
-
Employer

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

23 055
-
137 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
122 072
147 500
-
-
income
10 987
13 274
-
-
total
10 987
13 274
-
-
Dividends
111 085
134 226
-
-
withholding
9 998
12 081
-
-
total
9 998
12 081
-
-
Income
147 500
147 500
147 500
147 500
Total tax
30 465
25 355
44 965
24 818
After tax
117 035
122 145
102 535
122 682
Living cost
15 947
15 947
15 947
15 947
Free-cash
101 088
106 198
86 588
106 735

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71054
₽66386
₽55486
₽51074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
36 463
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
64 393
Employee
37 140
-
117 820
-
other
36
-
93
-
income
7 160
-
33 213
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
39 125
-
Employer
37 140
-
117 820
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
98 519
147 500
-
-
income

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

14 778
22 124
-
-
total
14 778
22 124
-
-
Dividends
83 741
125 376
-
-
withholding
17 357
26 701
-
-
total
17 357
26 701
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 493
48 825
68 805
64 393
After tax
94 007
98 675
78 695
83 107
Living cost
27 621
27 621
27 621
27 621
Free-cash
66 386
71 054
51 074
55 486

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89290
₽88839
₽91510
₽91314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 779
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
53 240
Employee
4 189
-
145 243
-
health
209
-
502
-
income
810
-
49 674
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
51 179
-
Employer
4 189
-
145 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
142 368
147 500
-
-
income
31 321
32 450
-
-
total
31 321
32 450
-
-
Dividends
111 047
115 050
-
-
withholding
22 209
23 010
-
-
total
22 209
23 010
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 911
55 460
53 436
53 240
After tax
91 589
92 040
94 064
94 260
Living cost
2 750
2 750
2 750
2 750
Free-cash
88 839
89 290
91 314
91 510

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89199
₽84258
₽69393
₽69391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 680
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
60 737
Employee

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

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

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

26 193
-
134 213
-
health
1 349
-
3 823
-
income
3 610
-
32 680
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
47 452
-
Employer

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

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

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

26 193
-
134 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
116 619
147 500
-
-
income
17 493
22 125
-
-
total
17 493
22 125
-
-
Dividends
99 126
125 375
-
-
withholding
14 869
18 806
-
-
total
14 869
18 806
-
-
Income
147 500
147 500
147 500
147 500
Total tax
45 872
40 931
60 739
60 737
After tax
101 628
106 569
86 761
86 763
Living cost
17 370
17 370
17 370
17 370
Free-cash
84 258
89 199
69 391
69 393

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56820
₽56458
₽52932
₽42618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 232
surtax
-
-
-
-
social contributions

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

-
-
-
51 257
total
-
-
-
67 489
Employee
38 984
-
119 192
-
social contributions
4 289
-
13 112
-
surtax
-
-
-
-
income
7 617
-
36 383
-
total
11 906
-
49 495
-
Employer
38 984
-
119 192
-
social contributions
9 258
-
28 308
-
total
9 258
-
28 308
-
Corporate
99 258
147 500
-
-
surtax
-
-
-
-
income
20 843
30 974
-
-
total
20 843
30 974
-
-
Dividends
78 414
116 526
-
-
withholding
21 956
32 627
-
-
total
21 956
32 627
-
-
Income
147 500
147 500
147 500
147 500
Total tax
63 963
63 601
77 803
67 489
After tax
83 537
83 899
69 697
80 011
Living cost
27 079
27 079
27 079
27 079
Free-cash
56 458
56 820
42 618
52 932

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63375
₽56312
₽47807
₽43395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
36 463
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
64 393
Employee
48 510
-
117 820
-
other
48
-
93
-
income
10 132
-
33 213
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
39 125
-
Employer
48 510
-
117 820
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
83 524
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.

12 529
22 124
-
-
total
12 529
22 124
-
-
Dividends
70 995
125 376
-
-
withholding
14 681
26 701
-
-
total
14 681
26 701
-
-
Income
147 500
147 500
147 500
147 500
Total tax
55 888
48 825
68 805
64 393
After tax
91 612
98 675
78 695
83 107
Living cost
35 300
35 300
35 300
35 300
Free-cash
56 312
63 375
43 395
47 807

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108836
₽102717
₽98733
₽104200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 491
Employee
22 876
-
140 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 061
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 141
-
Employer
22 876
-
140 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
120 135
147 500
-
-
income
12 014
14 750
-
-
total
12 014
14 750
-
-
Dividends
108 121
132 750
-
-
withholding
5 406
6 638
-
-
total
5 406
6 638
-
-
Income
147 500
147 500
147 500
147 500
Total tax
27 507
21 388
26 024
31 491
After tax
119 993
126 112
121 476
116 009
Living cost
17 276
17 276
17 276
17 276
Free-cash
102 717
108 836
104 200
98 733

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37183
₽50320
₽42736
₽57201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
147 500
trade
-
-
-
14 465
income

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

-
-
-
42 331
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.

-
-
-
6 862
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.

-
-
-
2 327
total
-
-
-
65 985
Employee

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

49 977
-
147 500
-
health

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

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

6 862
-
6 862
-
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.

227
-
2 327
-
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.

4 110
-
42 331
-
total
11 199
-
51 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 523
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.

804
1 216
-
-
income
14 629
22 124
-
-
trade
13 995
21 165
-
-
chamber of commerce
295
368
-
-
total
29 723
44 873
-
-
Dividends
67 799
102 626
-
-
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.

911
1 390
-
-
withholding
16 568
25 275
-
-
total
17 479
26 665
-
-
Income
147 500
147 500
147 500
147 500
Total tax
58 401
71 538
51 520
65 985
After tax
89 099
75 962
95 980
81 515
Living cost
38 779
38 779
38 779
38 779
Free-cash
50 320
37 183
57 201
42 736

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 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
₽46033
₽48250
₽23959
₽23959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 397
social contributions
-
-
-
23 927
total
-
-
-
66 324
Employee
78 569
-
147 500
-
income
14 826
-
42 397
-
social contributions
6 527
-
23 927
-
total
21 353
-
66 324
-
Employer
78 569
-
147 500
-
total
-
-
-
-
Corporate
68 931
147 500
-
-
income
8 616
18 438
-
-
total
8 616
18 438
-
-
Dividends
60 315
129 062
-
-
withholding
12 064
25 812
-
-
total
12 064
25 812
-
-
Income
147 500
147 500
147 500
147 500
Total tax
42 033
44 250
66 324
66 324
After tax
105 467
103 250
81 176
81 176
Living cost
57 217
57 217
57 217
57 217
Free-cash
48 250
46 033
23 959
23 959

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54107
₽57615
₽75717
₽70211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
147 500
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
142 880
-
income
5 000
-
31 588
-
social contributions
4 617
-
4 620
-
total
9 617
-
36 208
-
Employer
46 078
-
142 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
96 806
147 500
-
-
income
33 883
51 625
-
-
total
33 883
51 625
-
-
Dividends
62 923
95 875
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
147 500
147 500
147 500
147 500
Total tax
53 424
56 932
40 828
35 322
After tax
94 076
90 568
106 672
112 178
Living cost
36 461
36 461
36 461
36 461
Free-cash
57 615
54 107
70 211
75 717

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽62436
₽67587
₽62739
₽49225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
income
-
-
-
39 051
pensions
-
-
-
8 442
total
-
-
-
47 493
Employee
51 155
-
129 120
-
health
667
-
1 987
-
income
9 316
-
30 042
-
pensions
3 904
-
10 598
-
total
13 887
-
42 627
-
Employer
51 155
-
129 120
-
pensions
5 168
-
15 927
-
health
972
-
2 453
-
total
6 140
-
18 380
-
Corporate
90 204
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.

17 138
28 025
-
-
total
17 138
28 025
-
-
Dividends
73 067
119 475
-
-
withholding
5 480
19 771
-
-
total
5 480
19 771
-
-
Income
147 500
147 500
147 500
147 500
Total tax
42 645
47 796
61 007
47 493
After tax
104 855
99 704
86 493
100 007
Living cost
37 268
37 268
37 268
37 268
Free-cash
67 587
62 436
49 225
62 739

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11922
₽8285
₽77068
₽55231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
39 585
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
46 563
Employee
37 547
-
131 061
-
health
4 299
-
15 006
-
income
5 151
-
29 310
-
pensions
4 228
-
7 645
-
total
13 678
-
51 961
-
Employer
37 547
-
131 061
-
accident
627
-
2 189
-
unemployment
920
-
3 211
-
pensions
6 105
-
11 039
-
total
7 652
-
16 439
-
Corporate
102 302
147 500
-
-
income

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

92 072
132 750
-
-
total
92 072
132 750
-
-
Dividends
10 230
14 750
-
-
withholding
1 944
2 803
-
-
total
1 944
2 803
-
-
Income
147 500
147 500
147 500
147 500
Total tax
115 346
135 553
68 400
46 563
After tax
32 154
11 947
79 100
100 937
Living cost
23 869
23 869
23 869
23 869
Free-cash
8 285
-11 922
55 231
77 068

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110555
₽105856
₽69498
₽87974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
737
health insurance
-
-
-
10 915
income
-
-
-
23 874
pensions
-
-
-
27 140
unemployment
-
-
-
1 770
total
-
-
-
64 436
Employee

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

21 706
-
147 500
-
work injury
109
-
402
-
income
2 171
-
23 874
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
45 960
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 794
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%.

1 258
1 475
-
-
total
1 258
1 475
-
-
Dividends
124 536
146 025
-
-
withholding
18 680
21 904
-
-
total
18 680
21 904
-
-
Income
147 500
147 500
147 500
147 500
Total tax
28 078
23 379
45 960
64 436
After tax
119 422
124 121
101 540
83 064
Living cost
13 566
13 566
13 566
13 566
Free-cash
105 856
110 555
87 974
69 498

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37679
₽33109
₽30456
₽23816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
147 500
municipal
-
-
-
985
regional
-
-
-
3 346
national
-
-
-
34 762
social contributions
-
-
-
37 937
total
-
-
-
77 030
Employee
84 640
-
147 500
-
social contributions
28 540
-
49 738
-
regional
1 278
-
2 915
-
municipal
505
-
881
-
national
14 303
-
30 136
-
total
44 626
-
83 670
-
Employer
84 640
-
147 500
-
total
-
-
-
-
Corporate
62 860
147 500
-
-
nationa
15 087
35 400
-
-
municipal
3 031
7 110
-
-
total
18 118
42 510
-
-
Dividends
44 742
104 990
-
-
withholding
11 633
27 297
-
-
total
11 633
27 297
-
-
Income
147 500
147 500
147 500
147 500
Total tax
74 377
69 807
83 670
77 030
After tax
73 123
77 693
63 830
70 470
Living cost
40 014
40 014
40 014
40 014
Free-cash
33 109
37 679
23 816
30 456

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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