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
₽ 148000
per

Your estimated
City
free-cash

Dresden , Germany
₽49968
₽65993
₽55560
₽44558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
trade
-
-
-
16 025
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.

-
-
-
6 796
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.

-
-
-
42 730
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.

-
-
-
2 350
total
-
-
-
67 901
Employee

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

38 048
-
148 000
-
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
-
2 350
-
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.

1 063
-
42 730
-
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.

6 796
-
6 796
-
total
7 918
-
51 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 952
148 000
-
-
trade
17 317
23 310
-
-
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.

908
1 221
-
-
income
16 493
22 200
-
-
chamber of commerce
310
364
-
-
total
35 028
47 095
-
-
Dividends
74 924
100 904
-
-
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.

1 010
1 367
-
-
withholding
18 353
24 849
-
-
total
19 363
26 216
-
-
Income
148 000
148 000
148 000
148 000
Total tax
62 309
73 311
51 876
67 901
After tax
85 691
74 689
96 124
80 099
Living cost
30 131
30 131
30 131
30 131
Free-cash
55 560
44 558
65 993
49 968

Estimated living cost  is ₽30131 per week

₽18953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37597
₽38758
₽41327
₽42160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
1 591
municipal
-
-
-
16 026
national
-
-
-
24 834
pensions
-
-
-
17 760
total
-
-
-
60 211
Employee
77 807
-
127 945
-
pensions
3 112
-
5 118
-
national
14 892
-
25 722
-
municipal
9 610
-
16 599
-
total
27 614
-
47 439
-
Employer
77 807
-
127 945
-
pensions
6 225
-
10 236
-
social contributions
836
-
1 375
-
total
7 061
-
11 611
-
Corporate
57 997
148 000
-
-
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%.

11 599
29 600
-
-
total
11 599
29 600
-
-
Dividends
46 397
118 400
-
-
withholding
10 207
26 048
-
-
total
10 207
26 048
-
-
Income
148 000
148 000
148 000
148 000
Total tax
56 481
55 648
59 050
60 211
After tax
91 519
92 352
88 950
87 789
Living cost
50 192
50 192
50 192
50 192
Free-cash
41 327
42 160
38 758
37 597

Estimated living cost  is ₽50192 per week

₽34115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27310
₽69560
₽89545
₽97704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
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.

-
-
-
38 114
income
-
-
-
24 140
microenterprise
-
-
-
-
surtax
-
-
-
37 740
total
-
-
-
99 994
Employee
29 068
-
105 969
-
income
5 174
-
20 559
-
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.

3 198
-
11 657
-
surtax
-
-
-
-
total
8 372
-
32 216
-
Employer
29 068
-
105 969
-
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.

7 002
-
25 528
-
surtax
-
-
-
-
total
7 002
-
25 528
-
Corporate
111 930
148 000
-
-
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%.

22 385
29 600
-
-
total
22 385
29 600
-
-
Dividends

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

89 545
118 400
-
-
total
-
-
-
-
Income
148 000
148 000
148 000
148 000
Total tax
37 759
29 600
57 744
99 994
After tax
110 241
118 400
90 256
48 006
Living cost
20 696
20 696
20 696
20 696
Free-cash
89 545
97 704
69 560
27 310

Estimated living cost  is ₽20696 per week

₽13203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41930
₽47838
₽25099
₽31196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
health
-
-
-
12 267
income
-
-
-
40 475
pensions
-
-
-
11 655
total
-
-
-
64 397
Employee
84 950
84 950
129 513
-
income

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

13 905
13 905
16 080
-
pensions
15 291
11 655
11 655
-
health
13 039
11 091
12 267
-
total
42 235
36 651
40 002
-
Employer
84 950
84 950
129 513
-
pensions
5 913
5 913
7 349
-
health
5 905
5 905
7 338
-
unemployment
3 058
3 058
3 800
-
total
14 876
14 876
18 487
-
Corporate
49 217
48 175
-
-
income
9 843
9 635
-
-
total
9 843
9 635
-
-
Dividends
39 374
38 539
-
-
withholding
5 907
5 780
-
-
income
8 367
8 189
-
-
total
14 274
13 969
-
-
Income
148 000
148 000
148 000
148 000
Total tax
81 228
75 131
58 489
64 397
After tax
66 772
72 869
89 511
83 603
Living cost
41 673
41 673
41 673
41 673
Free-cash
25 099
31 196
47 838
41 930

Estimated living cost  is ₽41673 per week

₽29532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38951
₽38020
₽41584
₽42444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
9 770
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
36 870
health
-
-
-
5 247
national
-
-
-
9 457
pensions
-
-
-
9 089
total
-
-
-
70 685
Employee
54 665
-
121 582
-
national
-
-
8 942
-
municipal
16 301
-
36 256
-
total
16 301
-
45 198
-
Employer
54 665
-
121 582
-
pensions
5 909
-
9 089
-
other
6 352
-
9 770
-
accident
109
-
168
-
health
3 362
-
5 171
-
unemployment
1 443
-
2 220
-
total
17 175
-
26 418
-
Corporate
76 159
148 000
-
-
income
16 755
32 560
-
-
total
16 755
32 560
-
-
Dividends
59 404
115 440
-
-
withholding
17 821
34 632
-
-
total
17 821
34 632
-
-
Income
148 000
148 000
148 000
148 000
Total tax
68 052
67 192
71 616
70 685
After tax
79 948
80 808
76 384
77 315
Living cost
38 364
38 364
38 364
38 364
Free-cash
41 584
42 444
38 020
38 951

Estimated living cost  is ₽38364 per week

₽25426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40308
₽57045
₽48830
₽34849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
trade
-
-
-
16 737
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.

-
-
-
6 796
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.

-
-
-
42 730
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.

-
-
-
2 350
total
-
-
-
68 613
Employee

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

50 447
-
148 000
-
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.

238
-
2 350
-
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.

4 334
-
42 730
-
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.

6 796
-
6 796
-
total
11 368
-
51 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 553
148 000
-
-
trade
16 048
24 347
-
-
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
1 221
-
-
income
14 632
22 200
-
-
chamber of commerce
289
362
-
-
total
31 773
48 130
-
-
Dividends
65 780
99 869
-
-
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.

883
1 352
-
-
withholding
16 067
24 590
-
-
total
16 950
25 942
-
-
Income
148 000
148 000
148 000
148 000
Total tax
60 091
74 072
51 876
68 613
After tax
87 909
73 928
96 124
79 387
Living cost
39 079
39 079
39 079
39 079
Free-cash
48 830
34 849
57 045
40 308

Estimated living cost  is ₽39079 per week

₽26136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70256
₽68880
₽71665
₽75789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
16 095
health
-
-
-
3 774
income
-
-
-
25 610
total
-
-
-
45 479
Employee
76 493
76 493
136 904
-
income
8 032
7 081
24 868
-
social contributions
3 717
6 349
8 563
-
health
761
1 301
2 328
-
total
12 510
14 731
35 759
-
Employer
76 493
76 493
136 904
-
health
829
1 416
2 533
-
social contributions
3 717
6 349
8 563
-
total
4 546
7 765
11 096
-
Corporate
98 679
63 742
-
-
income
12 335
7 968
-
-
total
12 335
7 968
-
-
Dividends
86 344
55 774
-
-
withholding
14 679
9 482
-
-
total
14 679
9 482
-
-
Income
148 000
148 000
148 000
148 000
Total tax
44 070
39 946
46 855
45 479
After tax
103 930
108 054
101 145
102 521
Living cost
32 265
32 265
32 265
32 265
Free-cash
71 665
75 789
68 880
70 256

Estimated living cost  is ₽32265 per week

₽22057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84233
₽67502
₽65286
₽64905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
unemployment
-
-
-
2 220
health
-
-
-
10 360
income
-
-
-
18 093
pensions
-
-
-
14 800
total
-
-
-
45 473
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.

26 408
10 510
123 849
-
income
3 228
1 285
15 141
-
pensions
2 641
1 051
12 385
-
unemployment
396
158
1 858
-
health
1 849
736
8 669
-
total
8 114
3 230
38 053
-
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.

26 408
10 510
123 849
-
pensions
5 150
2 049
24 151
-
total
5 150
2 049
24 151
-
Corporate
116 443
135 441
-
-
income
10 480
12 190
-
-
total
10 480
12 190
-
-
Dividends
105 963
123 251
-
-
social contributions
20 543
23 914
-
-
withholding
20 133
23 418
-
-
total
40 676
47 332
-
-
Income
148 000
148 000
148 000
148 000
Total tax
64 420
64 801
62 204
45 473
After tax
83 580
83 199
85 796
102 527
Living cost
18 294
18 294
18 294
18 294
Free-cash
65 286
64 905
67 502
84 233

Estimated living cost  is ₽18294 per week

₽12484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55302
₽61277
₽88195
₽94373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
health
-
-
-
19 240
income
-
-
-
19 831
pensions
-
-
-
29 600
total
-
-
-
68 671
Employee
28 220
-
110 613
-
income
3 177
-
21 326
-
pensions
564
-
2 212
-
unemployment
451
-
1 771
-
total
4 192
-
25 309
-
Employer
28 220
-
110 613
-
pensions
5 644
-
22 123
-
health
3 668
-
14 379
-
unemployment
227
-
885
-
total
9 539
-
37 387
-
Corporate
110 241
148 000
-
-
income
22 047
29 600
-
-
total
22 047
29 600
-
-
Dividends
88 194
118 400
-
-
total
-
-
-
-
Income
148 000
148 000
148 000
148 000
Total tax
35 778
29 600
62 696
68 671
After tax
112 222
118 400
85 304
79 329
Living cost
24 027
24 027
24 027
24 027
Free-cash
88 195
94 373
61 277
55 302

Estimated living cost  is ₽24027 per week

₽16480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79404
₽57574
₽8635
-₽9878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
39 807
pensions
-
-
-
4 136
total
-
-
-
46 730
Employee
34 397
-
131 627
-
income
4 719
-
29 533
-
pensions
3 873
-
7 583
-
health
3 938
-
15 071
-
total
12 530
-
52 187
-
Employer
34 397
-
131 627
-
pensions
5 593
-
10 950
-
accident
574
-
2 198
-
unemployment
843
-
3 225
-
total
7 010
-
16 373
-
Corporate
106 593
148 000
-
-
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.

95 934
133 200
-
-
total
95 934
133 200
-
-
Dividends
10 660
14 800
-
-
withholding
2 025
2 812
-
-
total
2 025
2 812
-
-
Income
148 000
148 000
148 000
148 000
Total tax
117 499
136 012
68 560
46 730
After tax
30 501
11 988
79 440
101 270
Living cost
21 866
21 866
21 866
21 866
Free-cash
8 635
-9 878
57 574
79 404

Estimated living cost  is ₽21866 per week

₽16026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137560
₽109440
₽129960
₽131640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
148 000
microenterprise

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

-
-
-
1 480
total
-
-
-
1 480
Employee
11 200
-
148 000
-
income
2 240
-
29 600
-
total
2 240
-
29 600
-
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%.

136 800
148 000
-
-
total
-
-
-
-
Dividends
136 800
148 000
-
-
withholding
6 840
7 400
-
-
total
6 840
7 400
-
-
Income
148 000
148 000
148 000
148 000
Total tax
9 080
7 400
29 600
1 480
After tax
138 920
140 600
118 400
146 520
Living cost
8 960
8 960
8 960
8 960
Free-cash
129 960
131 640
109 440
137 560

Estimated living cost  is ₽8960 per week

₽5553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51906
₽58022
₽75509
₽82230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
7 030
health
-
-
-
6 513
income
-
-
-
20 524
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.

-
-
-
35 520
total
-
-
-
69 587
Employee
36 119
-
118 209
-
income
6 218
-
22 565
-
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.

2 528
-
8 276
-
unemployment
361
-
1 182
-
health
506
-
1 656
-
total
9 613
-
33 679
-
Employer
36 119
-
118 209
-
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.

6 141
-
20 097
-
other
1 807
-
5 911
-
accident
289
-
946
-
health
506
-
1 656
-
unemployment
361
-
1 182
-
total
9 104
-
29 792
-
Corporate
102 778
148 000
-
-
income
21 583
31 080
-
-
total
21 583
31 080
-
-
Dividends
81 195
116 920
-
-
withholding
5 684
8 183
-
-
total
5 684
8 183
-
-
Income
148 000
148 000
148 000
148 000
Total tax
45 984
39 263
63 471
69 587
After tax
102 016
108 737
84 529
78 413
Living cost
26 507
26 507
26 507
26 507
Free-cash
75 509
82 230
58 022
51 906

Estimated living cost  is ₽26507 per week

₽18729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33463
₽19911
₽30402
₽33112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
income
-
-
-
39 338
pensions
-
-
-
8 425
total
-
-
-
47 763
Employee
94 475
-
129 545
-
income
17 030
-
30 305
-
pensions
9 114
-
10 568
-
health
1 557
-
1 986
-
total
27 701
-
42 859
-
Employer
94 475
-
129 545
-
pensions
11 155
-
15 995
-
health
1 794
-
2 461
-
total
12 949
-
18 456
-
Corporate
40 576
148 000
-
-
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.

7 709
28 119
-
-
total
7 709
28 119
-
-
Dividends
32 866
119 881
-
-
withholding
2 465
19 995
-
-
total
2 465
19 995
-
-
Income
148 000
148 000
148 000
148 000
Total tax
50 824
48 114
61 315
47 763
After tax
97 176
99 886
86 685
100 237
Living cost
66 774
66 774
66 774
66 774
Free-cash
30 402
33 112
19 911
33 463

Estimated living cost  is ₽66774 per week

₽50035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103503
₽109015
₽108895
₽113511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
22 200
pensions

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

-
-
-
5 137
total
-
-
-
31 468
Employee
17 253
-
141 190
-
income
1 725
-
14 119
-
pensions

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

1 515
-
3 048
-
health
794
-
1 597
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 224
-
19 146
-
Employer
17 253
-
141 190
-
pensions

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

1 901
-
3 825
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
health
1 191
-
2 395
-
unemployment
103
-
208
-
total
3 385
-
6 810
-
Corporate
127 362
148 000
-
-
income
12 736
14 800
-
-
total
12 736
14 800
-
-
Dividends
114 626
133 200
-
-
withholding
5 731
6 660
-
-
total
5 731
6 660
-
-
Income
148 000
148 000
148 000
148 000
Total tax
26 076
21 460
25 956
31 468
After tax
121 924
126 540
122 044
116 532
Living cost
13 029
13 029
13 029
13 029
Free-cash
108 895
113 511
109 015
103 503

Estimated living cost  is ₽13029 per week

₽7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28441
₽34349
₽20208
₽17707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
health
-
-
-
12 267
income
-
-
-
40 475
pensions
-
-
-
11 655
total
-
-
-
64 397
Employee
92 228
84 950
129 513
-
income

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

13 905
13 905
16 080
-
pensions
11 655
11 655
11 655
-
health
11 506
11 091
12 267
-
total
37 066
36 651
40 002
-
Employer
92 228
84 950
129 513
-
pensions
6 418
5 913
7 349
-
health
6 409
5 905
7 338
-
unemployment
3 321
3 058
3 800
-
total
16 148
14 876
18 487
-
Corporate
39 624
48 175
-
-
income
7 925
9 635
-
-
total
7 925
9 635
-
-
Dividends
31 699
38 539
-
-
withholding
4 755
5 780
-
-
income
6 736
8 189
-
-
total
11 491
13 969
-
-
Income
148 000
148 000
148 000
148 000
Total tax
72 630
75 131
58 489
64 397
After tax
75 370
72 869
89 511
83 603
Living cost
55 162
55 162
55 162
55 162
Free-cash
20 208
17 707
34 349
28 441

Estimated living cost  is ₽55162 per week

₽40691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55358
₽51058
₽69270
₽77851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
34 602
health
-
-
-
19 980
income
-
-
-
14 013
solidarity contribution
-
-
-
-
total
-
-
-
68 595
Employee
35 363
-
110 448
-
income
4 244
-
13 254
-
solidarity contribution
-
-
-
-
social contributions
2 299
-
7 179
-
health
4 774
-
14 910
-
total
11 317
-
35 343
-
Employer
35 363
-
110 448
-
health
3 183
-
9 940
-
social contributions
8 841
-
27 612
-
total
12 024
-
37 552
-
Corporate
100 614
148 000
-
-
income
19 117
28 120
-
-
total
19 117
28 120
-
-
Dividends
81 497
119 880
-
-
withholding
12 225
17 982
-
-
total
12 225
17 982
-
-
Income
148 000
148 000
148 000
148 000
Total tax
54 683
46 102
72 895
68 595
After tax
93 317
101 898
75 105
79 405
Living cost
24 047
24 047
24 047
24 047
Free-cash
69 270
77 851
51 058
55 358

Estimated living cost  is ₽24047 per week

₽16703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30350
₽23491
₽31793
₽36986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
38 065
municipal
-
-
-
880
national
-
-
-
35 011
regional
-
-
-
1 718
total
-
-
-
75 674
Employee
88 409
-
148 000
-
national
15 319
-
30 329
-
social contributions
29 812
-
49 905
-
municipal
468
-
785
-
regional
834
-
1 514
-
total
46 433
-
82 533
-
Employer
88 409
-
148 000
-
total
-
-
-
-
Corporate
59 591
148 000
-
-
nationa
14 302
35 520
-
-
municipal
2 324
5 773
-
-
total
16 626
41 293
-
-
Dividends
42 965
106 707
-
-
withholding
11 172
27 745
-
-
total
11 172
27 745
-
-
Income
148 000
148 000
148 000
148 000
Total tax
74 231
69 038
82 533
75 674
After tax
73 769
78 962
65 467
72 326
Living cost
41 976
41 976
41 976
41 976
Free-cash
31 793
36 986
23 491
30 350

Estimated living cost  is ₽41976 per week

₽29260
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.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48280
₽43857
₽68045
₽71142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 426
income
-
-
-
36 338
surtax
-
-
-
5 225
pensions
-
-
-
26 553
total
-
-
-
77 769
Employee
32 897
-
122 264
-
income
5 514
-
32 147
-
pensions
2 194
-
8 155
-
unemployment
2 290
-
8 510
-
health
840
-
3 117
-
other
-
-
-
-
surtax
108
-
4 527
-
total
10 946
-
56 456
-
Employer
32 897
-
122 264
-
pensions
4 385
-
16 297
-
other
-
-
-
-
health
1 497
-
5 563
-
unemployment
1 042
-
3 876
-
total
6 924
-
25 736
-
Corporate
108 179
148 000
-
-
income
28 126
38 480
-
-
total
28 126
38 480
-
-
Dividends
80 053
109 520
-
-
withholding
12 008
16 427
-
-
total
12 008
16 427
-
-
Income
148 000
148 000
148 000
148 000
Total tax
58 004
54 907
82 192
77 769
After tax
89 996
93 093
65 808
70 231
Living cost
21 951
21 951
21 951
21 951
Free-cash
68 045
71 142
43 857
48 280

Estimated living cost  is ₽21951 per week

₽13422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54619
₽41067
₽57415
₽54268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
income
-
-
-
39 338
pensions
-
-
-
8 425
total
-
-
-
47 763
Employee
63 315
-
129 545
-
income
11 403
-
30 305
-
pensions
5 374
-
10 568
-
health
919
-
1 986
-
total
17 696
-
42 859
-
Employer
63 315
-
129 545
-
pensions
6 854
-
15 995
-
health
1 203
-
2 461
-
total
8 057
-
18 456
-
Corporate
76 629
148 000
-
-
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.

14 559
28 119
-
-
total
14 559
28 119
-
-
Dividends
62 070
119 881
-
-
withholding
4 655
19 995
-
-
total
4 655
19 995
-
-
Income
148 000
148 000
148 000
148 000
Total tax
44 967
48 114
61 315
47 763
After tax
103 033
99 886
86 685
100 237
Living cost
45 618
45 618
45 618
45 618
Free-cash
57 415
54 268
41 067
54 619

Estimated living cost  is ₽45618 per week

₽34177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45727
₽38535
₽24603
-₽7607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
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.

-
-
-
2 960
health
-
-
-
333
city
-
-
-
1 560
national
-
-
-
1 849
regional
-
-
-
6 671
pensions
-
-
-
13 616
total
-
-
-
26 989
Employee
88 102
-
132 468
-
pensions
7 402
-
11 128
-
national
417
-
1 507
-
unemployment
-
-
-
-
city
946
-
1 423
-
health
199
-
298
-
regional
2 885
-
5 750
-
total
11 849
-
20 106
-
Employer
88 102
-
132 468
-
pensions
7 402
-
11 128
-
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.

1 761
-
2 649
-
health
199
-
298
-
unemployment
-
-
-
-
total
9 362
-
14 075
-
Corporate
49 567
148 000
-
-
regional
10 484
31 303
-
-
national
4 213
12 580
-
-
total
14 697
43 883
-
-
Dividends
34 870
104 117
-
-
withholding
12 205
36 440
-
-
total
12 205
36 440
-
-
Income
148 000
148 000
148 000
148 000
Total tax
48 113
80 323
34 181
26 989
After tax
99 887
67 677
113 819
121 011
Living cost
75 284
75 284
75 284
75 284
Free-cash
24 603
-7 607
38 535
45 727

Estimated living cost  is ₽75284 per week

₽48956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33102
₽50553
₽43726
₽27599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
trade
-
-
-
17 451
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.

-
-
-
6 796
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.

-
-
-
42 730
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.

-
-
-
2 350
total
-
-
-
69 327
Employee

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

59 784
-
148 000
-
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.

387
-
2 350
-
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.

7 030
-
42 730
-
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.

6 796
-
6 796
-
total
14 213
-
51 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 216
148 000
-
-
trade
15 129
25 381
-
-
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.

729
1 221
-
-
income
13 233
22 200
-
-
chamber of commerce
276
359
-
-
total
29 367
49 161
-
-
Dividends
58 850
98 839
-
-
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.

789
1 338
-
-
withholding
14 334
24 331
-
-
total
15 123
25 669
-
-
Income
148 000
148 000
148 000
148 000
Total tax
58 703
74 830
51 876
69 327
After tax
89 297
73 170
96 124
78 673
Living cost
45 571
45 571
45 571
45 571
Free-cash
43 726
27 599
50 553
33 102

Estimated living cost  is ₽45571 per week

₽33283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49810
₽50344
₽46431
₽40558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
4 587
social contributions
-
-
-
4 217
health
-
-
-
5 407
income
-
-
-
20 959
surtax
-
-
-
-
pensions
-
-
-
28 985
total
-
-
-
64 155
Employee
42 575
-
116 200
-
income
2 513
-
21 122
-
pensions
4 814
-
7 391
-
social contributions
1 214
-
3 309
-
surtax
-
-
-
-
total
8 541
-
31 822
-
Employer
42 575
-
116 200
-
pensions
6 994
-
12 568
-
other
1 469
-
4 239
-
health
2 981
-
9 937
-
unemployment
1 724
-
4 706
-
social contributions
128
-
349
-
total
13 296
-
31 799
-
Corporate
92 130
148 000
-
-
surtax
-
-
-
-
income
25 796
41 440
-
-
total
25 796
41 440
-
-
Dividends
66 333
106 560
-
-
surtax
-
-
-
-
social contributions
11 410
18 328
-
-
withholding
8 491
13 639
-
-
total
19 901
31 967
-
-
Income
148 000
148 000
148 000
148 000
Total tax
67 534
73 407
63 621
64 155
After tax
80 466
74 593
84 379
83 845
Living cost
34 035
34 035
34 035
34 035
Free-cash
46 431
40 558
50 344
49 810

Estimated living cost  is ₽34035 per week

₽21460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53183
₽53717
₽49456
₽43931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
4 587
social contributions
-
-
-
4 217
health
-
-
-
5 407
income
-
-
-
20 959
surtax
-
-
-
-
pensions
-
-
-
28 985
total
-
-
-
64 155
Employee
38 004
-
116 200
-
income
1 960
-
21 122
-
pensions
4 298
-
7 391
-
social contributions
1 084
-
3 309
-
surtax
-
-
-
-
total
7 342
-
31 822
-
Employer
38 004
-
116 200
-
pensions
6 245
-
12 568
-
other
1 312
-
4 239
-
health
2 660
-
9 937
-
unemployment
1 539
-
4 706
-
social contributions
113
-
349
-
total
11 869
-
31 799
-
Corporate
98 128
148 000
-
-
surtax
-
-
-
-
income
27 477
41 440
-
-
total
27 477
41 440
-
-
Dividends
70 651
106 560
-
-
surtax
-
-
-
-
social contributions
12 152
18 328
-
-
withholding
9 042
13 639
-
-
total
21 194
31 967
-
-
Income
148 000
148 000
148 000
148 000
Total tax
67 882
73 407
63 621
64 155
After tax
80 118
74 593
84 379
83 845
Living cost
30 662
30 662
30 662
30 662
Free-cash
49 456
43 931
53 717
53 183

Estimated living cost  is ₽30662 per week

₽17783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
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.
₽9184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73952
₽71700
₽69714
₽69198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
20 424
health
-
-
-
10 330
income
-
-
-
22 200
total
-
-
-
52 954
Employee
33 729
-
148 000
-
income
5 626
-
24 452
-
social contributions
4 655
-
20 424
-
health
2 354
-
10 330
-
total
12 635
-
55 206
-
Employer
33 729
-
148 000
-
total
-
-
-
-
Corporate
114 271
148 000
-
-
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%.

5 714
7 400
-
-
total
5 714
7 400
-
-
Dividends
108 557
140 600
-
-
social contributions
14 981
19 403
-
-
health
7 578
9 815
-
-
withholding
16 284
21 090
-
-
total
38 843
50 308
-
-
Income
148 000
148 000
148 000
148 000
Total tax
57 192
57 708
55 206
52 954
After tax
90 808
90 292
92 794
95 046
Living cost
21 094
21 094
21 094
21 094
Free-cash
69 714
69 198
71 700
73 952

Estimated living cost  is ₽21094 per week

₽14117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40727
₽3604
₽45557
₽47096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
chamber of commerce
-
-
-
593
unemployment
-
-
-
6 101
health
-
-
-
8 890
income
-
-
-
34 941
surtax
-
-
-
196
pensions
-
-
-
21 500
total
-
-
-
72 221
Employee
49 714
39 643
114 773
-
income
5 660
2 924
27 582
-
pensions
5 091
4 059
11 753
-
unemployment
1 491
1 189
3 443
-
health
1 924
1 535
4 442
-
other
496
396
1 148
-
total
14 662
10 103
48 368
-
Employer
49 714
39 643
114 773
-
pensions
6 239
4 976
14 404
-
other
2 362
1 882
5 452
-
accident
646
515
1 491
-
health
1 878
1 499
4 338
-
payroll
1 491
1 189
3 443
-
chamber of commerce
198
159
459
-
unemployment
1 491
1 189
3 443
-
surtax
196
196
196
-
total
14 501
11 605
33 226
-
Corporate
83 784
96 751
110 998
-
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.

20 947
24 188
27 750
-
total
20 947
24 188
27 750
-
Dividends
62 837
72 563
-
-
withholding
17 281
19 956
-
-
total
17 281
19 956
-
-
Income
148 000
148 000
148 000
148 000
Total tax
67 391
65 852
109 344
72 221
After tax
80 609
82 148
38 656
75 779
Living cost
35 052
35 052
35 052
35 052
Free-cash
45 557
47 096
3 604
40 727

Estimated living cost  is ₽35052 per week

₽23378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28447
₽17356
₽31638
₽46556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
23 141
communal

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

-
-
-
7 491
national
-
-
-
52 650
total
-
-
-
83 282
Employee

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

71 157
-
114 632
-
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.

5 337
-
8 597
-
national
21 876
-
40 045
-
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.

619
-
997
-
communal

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

3 711
-
5 979
-
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.

3 343
-
5 388
-
total
34 886
-
61 006
-
Employer

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

71 157
-
114 632
-
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.

6 305
-
10 156
-
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.

925
-
1 489
-
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.

4 376
-
7 049
-
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.

1 038
-
1 674
-
surtax
8 068
-
12 999
-
total
20 712
-
33 367
-
Corporate
56 131
148 000
-
-
surtax
225
593
-
-
income
11 227
29 600
-
-
total
11 452
30 193
-
-
Dividends
44 679
117 807
-
-
withholding

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

13 041
34 980
-
-
total
13 041
34 980
-
-
Income
148 000
148 000
148 000
148 000
Total tax
80 091
65 173
94 373
83 282
After tax
67 909
82 827
53 627
64 718
Living cost
36 271
36 271
36 271
36 271
Free-cash
31 638
46 556
17 356
28 447

Estimated living cost  is ₽36271 per week

₽23363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3171
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.
₽9169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47435
₽43222
₽55757
₽63055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
36 977
pensions
-
-
-
26 093
total
-
-
-
64 640
Employee
49 517
-
118 606
-
income
10 448
-
33 603
-
pensions
2 328
-
4 334
-
unemployment
768
-
1 429
-
other
49
-
93
-
total
13 593
-
39 459
-
Employer
49 517
-
118 606
-
pensions
11 685
-
21 760
-
other
395
-
738
-
accident
980
-
1 825
-
unemployment
2 724
-
5 071
-
total
15 784
-
29 394
-
Corporate
82 699
148 000
-
-
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.

12 405
22 200
-
-
total
12 405
22 200
-
-
Dividends
70 294
125 800
-
-
withholding
14 536
26 820
-
-
total
14 536
26 820
-
-
Income
148 000
148 000
148 000
148 000
Total tax
56 318
49 020
68 853
64 640
After tax
91 682
98 980
79 147
83 360
Living cost
35 925
35 925
35 925
35 925
Free-cash
55 757
63 055
43 222
47 435

Estimated living cost  is ₽35925 per week

₽26455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22160
₽28065
₽22717
₽34024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
accident
-
-
-
1 248
health
-
-
-
10 398
income
-
-
-
21 259
communal
-
-
-
9 354
surtax
-
-
-
7 338
pensions
-
-
-
22 183
total
-
-
-
71 780
Employee
75 333
-
132 201
-
income
7 276
-
25 520
-
pensions
6 026
-
10 575
-
health
3 353
-
5 882
-
surtax
4 617
-
8 102
-
total
21 272
-
50 079
-
Employer
75 333
-
132 201
-
pensions
6 026
-
10 575
-
accident
678
-
1 189
-
health
2 297
-
4 032
-
total
9 001
-
15 796
-
Corporate
63 666
148 000
-
-
communal
4 297
9 990
-
-
surtax
668
1 554
-
-
income
9 550
22 200
-
-
total
14 515
33 744
-
-
Dividends
49 151
114 256
-
-
withholding
7 372
17 139
-
-
income
19 063
9 033
-
-
total
26 435
26 172
-
-
Income
148 000
148 000
148 000
148 000
Total tax
71 223
59 916
65 875
71 780
After tax
76 777
88 084
82 125
76 220
Living cost
54 060
54 060
54 060
54 060
Free-cash
22 717
34 024
28 065
22 160

Estimated living cost  is ₽54060 per week

₽40553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3275
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.
₽9658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47887
₽43464
₽67586
₽70749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 426
income
-
-
-
36 338
surtax
-
-
-
5 225
pensions
-
-
-
26 553
total
-
-
-
77 769
Employee
33 500
-
122 264
-
income
5 616
-
32 147
-
pensions
2 235
-
8 155
-
unemployment
2 331
-
8 510
-
health
855
-
3 117
-
other
-
-
-
-
surtax
119
-
4 527
-
total
11 156
-
56 456
-
Employer
33 500
-
122 264
-
pensions
4 466
-
16 297
-
other
-
-
-
-
health
1 523
-
5 563
-
unemployment
1 063
-
3 876
-
total
7 052
-
25 736
-
Corporate
107 447
148 000
-
-
income
27 935
38 480
-
-
total
27 935
38 480
-
-
Dividends
79 512
109 520
-
-
withholding
11 927
16 427
-
-
total
11 927
16 427
-
-
Income
148 000
148 000
148 000
148 000
Total tax
58 070
54 907
82 192
77 769
After tax
89 930
93 093
65 808
70 231
Living cost
22 344
22 344
22 344
22 344
Free-cash
67 586
70 749
43 464
47 887

Estimated living cost  is ₽22344 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45015
₽38194
₽48786
₽50995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
38 065
municipal
-
-
-
880
national
-
-
-
35 011
regional
-
-
-
2 232
total
-
-
-
76 188
Employee
55 182
-
148 000
-
national
8 742
-
30 329
-
social contributions
18 608
-
49 905
-
municipal
293
-
785
-
regional
743
-
1 990
-
total
28 386
-
83 009
-
Employer
55 182
-
148 000
-
total
-
-
-
-
Corporate
92 818
148 000
-
-
nationa
22 276
35 520
-
-
municipal
4 614
7 355
-
-
total
26 890
42 875
-
-
Dividends
65 929
105 125
-
-
withholding
17 141
27 333
-
-
total
17 141
27 333
-
-
Income
148 000
148 000
148 000
148 000
Total tax
72 417
70 208
83 009
76 188
After tax
75 583
77 792
64 991
71 812
Living cost
26 797
26 797
26 797
26 797
Free-cash
48 786
50 995
38 194
45 015

Estimated living cost  is ₽26797 per week

₽16665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49773
₽45473
₽61695
₽72266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
34 602
health
-
-
-
19 980
income
-
-
-
14 013
solidarity contribution
-
-
-
-
total
-
-
-
68 595
Employee
43 576
-
110 448
-
income
5 229
-
13 254
-
solidarity contribution
-
-
-
-
social contributions
2 832
-
7 179
-
health
5 883
-
14 910
-
total
13 944
-
35 343
-
Employer
43 576
-
110 448
-
health
3 922
-
9 940
-
social contributions
10 894
-
27 612
-
total
14 816
-
37 552
-
Corporate
89 608
148 000
-
-
income
17 026
28 120
-
-
total
17 026
28 120
-
-
Dividends
72 583
119 880
-
-
withholding
10 887
17 982
-
-
total
10 887
17 982
-
-
Income
148 000
148 000
148 000
148 000
Total tax
56 673
46 102
72 895
68 595
After tax
91 327
101 898
75 105
79 405
Living cost
29 632
29 632
29 632
29 632
Free-cash
61 695
72 266
45 473
49 773

Estimated living cost  is ₽29632 per week

₽22036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44238
₽6954
₽50026
₽50519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
chamber of commerce
-
-
-
593
unemployment
-
-
-
6 101
health
-
-
-
8 890
income
-
-
-
34 941
surtax
-
-
-
-
pensions
-
-
-
21 500
total
-
-
-
72 025
Employee
43 484
39 643
114 928
-
income
3 874
2 924
27 635
-
pensions
4 453
4 059
11 768
-
unemployment
1 304
1 189
3 447
-
health
1 682
1 535
4 448
-
other
434
396
1 150
-
total
11 747
10 103
48 448
-
Employer
43 484
39 643
114 928
-
pensions
5 458
4 976
14 423
-
other
2 065
1 882
5 458
-
accident
564
515
1 493
-
health
1 644
1 499
4 344
-
payroll
1 304
1 189
3 447
-
chamber of commerce
174
159
461
-
unemployment
1 304
1 189
3 447
-
surtax
-
-
-
-
total
12 513
11 409
33 073
-
Corporate
92 002
96 947
111 153
-
income

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

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

23 001
24 237
27 788
-
total
23 001
24 237
27 788
-
Dividends
69 001
72 710
-
-
withholding
18 976
19 995
-
-
total
18 976
19 995
-
-
Income
148 000
148 000
148 000
148 000
Total tax
66 237
65 744
109 309
72 025
After tax
81 763
82 256
38 691
75 975
Living cost
31 737
31 737
31 737
31 737
Free-cash
50 026
50 519
6 954
44 238

Estimated living cost  is ₽31737 per week

₽19038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132558
₽104438
₽124020
₽126638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
148 000
microenterprise

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

-
-
-
1 480
total
-
-
-
1 480
Employee
17 453
-
148 000
-
income
3 491
-
29 600
-
total
3 491
-
29 600
-
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%.

130 547
148 000
-
-
total
-
-
-
-
Dividends
130 547
148 000
-
-
withholding
6 527
7 400
-
-
total
6 527
7 400
-
-
Income
148 000
148 000
148 000
148 000
Total tax
10 018
7 400
29 600
1 480
After tax
137 982
140 600
118 400
146 520
Living cost
13 962
13 962
13 962
13 962
Free-cash
124 020
126 638
104 438
132 558

Estimated living cost  is ₽13962 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46982
₽43064
₽66894
₽75217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
unemployment
-
-
-
223
health
-
-
-
14 564
income
-
-
-
32 520
pensions
-
-
-
27 029
total
-
-
-
74 336
Employee

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

43 989
-
128 059
-
income
7 586
-
30 013
-
pensions
6 819
-
19 850
-
unemployment
62
-
179
-
health
2 841
-
8 272
-
total
17 308
-
58 314
-
Employer

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

43 989
-
128 059
-
pensions
3 893
-
11 334
-
health
2 930
-
8 529
-
unemployment
26
-
77
-
total
6 849
-
19 940
-
Corporate
97 162
148 000
-
-
income
18 461
28 120
-
-
total
18 461
28 120
-
-
Dividends
78 701
119 880
-
-
withholding
11 806
17 981
-
-
total
11 806
17 981
-
-
Income
148 000
148 000
148 000
148 000
Total tax
54 424
46 101
78 254
74 336
After tax
93 576
101 899
69 746
73 664
Living cost
26 682
26 682
26 682
26 682
Free-cash
66 894
75 217
43 064
46 982

Estimated living cost  is ₽26682 per week

₽18311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59144
₽91712
-₽1061
₽46907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
16 872
income
-
-
-
28 848
total
-
-
-
45 720
Employee
61 851
-
-
-
income
13 643
-
-
-
social contributions
5 072
-
723
-
total
18 715
-
723
-
Employer
61 851
-
-
-
social contributions
87 210
-
12 429
-
total
87 210
-
12 429
-
Corporate
-
148 000
-
-
income
-
32 560
-
-
total
-
32 560
-
-
Dividends
-
115 440
-
-
income
-
25 397
-
-
total
-
25 397
-
-
Income
148 000
148 000
148 000
148 000
Total tax
105 925
57 957
13 152
45 720
After tax
42 075
90 043
134 848
102 280
Living cost
43 136
43 136
43 136
43 136
Free-cash
-1 061
46 907
91 712
59 144

Estimated living cost  is ₽43136 per week

₽27988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49004
₽38584
₽51976
₽52979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
social contributions

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

-
-
-
51 430
income
-
-
-
16 363
surtax
-
-
-
-
total
-
-
-
67 793
Employee
45 752
-
119 597
-
income
9 517
-
36 654
-
social contributions
5 033
-
13 156
-
surtax
-
-
-
-
total
14 550
-
49 810
-
Employer
45 752
-
119 597
-
social contributions
10 866
-
28 403
-
total
10 866
-
28 403
-
Corporate
91 382
148 000
-
-
surtax
-
-
-
-
income
19 191
31 080
-
-
total
19 191
31 080
-
-
Dividends
72 191
116 920
-
-
withholding
20 214
32 738
-
-
total
20 214
32 738
-
-
Income
148 000
148 000
148 000
148 000
Total tax
64 821
63 818
78 213
67 793
After tax
83 179
84 182
69 787
80 207
Living cost
31 203
31 203
31 203
31 203
Free-cash
51 976
52 979
38 584
49 004

Estimated living cost  is ₽31203 per week

₽23346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35799
₽36333
₽33385
₽26547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
4 587
social contributions
-
-
-
4 217
health
-
-
-
5 407
income
-
-
-
20 959
surtax
-
-
-
-
pensions
-
-
-
28 985
total
-
-
-
64 155
Employee
62 305
-
116 200
-
income
5 436
-
21 122
-
pensions
7 047
-
7 391
-
social contributions
1 775
-
3 309
-
surtax
-
-
-
-
total
14 258
-
31 822
-
Employer
62 305
-
116 200
-
pensions
10 237
-
12 568
-
other
2 150
-
4 239
-
health
4 361
-
9 937
-
unemployment
2 524
-
4 706
-
social contributions
187
-
349
-
total
19 459
-
31 799
-
Corporate
66 236
148 000
-
-
surtax
-
-
-
-
income
18 545
41 440
-
-
total
18 545
41 440
-
-
Dividends
47 691
106 560
-
-
surtax
-
-
-
-
social contributions
8 202
18 328
-
-
withholding
6 105
13 639
-
-
total
14 307
31 967
-
-
Income
148 000
148 000
148 000
148 000
Total tax
66 569
73 407
63 621
64 155
After tax
81 431
74 593
84 379
83 845
Living cost
48 046
48 046
48 046
48 046
Free-cash
33 385
26 547
36 333
35 799

Estimated living cost  is ₽48046 per week

₽32517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80035
₽83967
₽99957
₽103298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
32 560
income
-
-
-
5 503
total
-
-
-
38 063
Employee
31 981
-
128 139
-
social contributions
2 078
-
8 329
-
income
-
-
5 941
-
total
2 078
-
14 270
-
Employer
31 981
-
128 139
-
social contributions
4 957
-
19 861
-
total
4 957
-
19 861
-
Corporate
111 062
148 000
-
-
income
11 106
14 800
-
-
total
11 106
14 800
-
-
Dividends
99 956
133 200
-
-
total
-
-
-
-
Income
148 000
148 000
148 000
148 000
Total tax
18 141
14 800
34 131
38 063
After tax
129 859
133 200
113 869
109 937
Living cost
29 902
29 902
29 902
29 902
Free-cash
99 957
103 298
83 967
80 035

Estimated living cost  is ₽29902 per week

₽19335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40938
-₽68816
-₽68816
-₽68816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
municipal
-
-
-
30 019
national
-
-
-
16 484
labour market
-
-
-
11 771
pensions
-
-
-
863
total
-
-
-
59 137
Employee
202 282
202 282
202 282
-
labour market
16 160
16 160
16 160
-
pensions
288
288
288
-
national
24 712
24 712
24 712
-
municipal
43 075
43 075
43 075
-
total
84 235
84 235
84 235
-
Employer
202 282
202 282
202 282
-
pensions
575
575
575
-
municipal
43 143
43 143
43 143
-
national
24 755
24 755
24 755
-
labour market
16 183
16 183
16 183
-
total
84 656
84 656
84 656
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
148 000
148 000
148 000
148 000
Total tax
168 891
168 891
168 891
59 137
After tax
-20 891
-20 891
-20 891
88 863
Living cost
47 925
47 925
47 925
47 925
Free-cash
-68 816
-68 816
-68 816
40 938

Estimated living cost  is ₽47925 per week

₽32801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79726
₽57896
₽8684
-₽9556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
39 807
pensions
-
-
-
4 136
total
-
-
-
46 730
Employee
33 890
-
131 627
-
income
4 649
-
29 533
-
pensions
3 816
-
7 583
-
health
3 881
-
15 071
-
total
12 346
-
52 187
-
Employer
33 890
-
131 627
-
pensions
5 510
-
10 950
-
accident
566
-
2 198
-
unemployment
830
-
3 225
-
total
6 906
-
16 373
-
Corporate
107 204
148 000
-
-
income

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

96 483
133 200
-
-
total
96 483
133 200
-
-
Dividends
10 720
14 800
-
-
withholding
2 037
2 812
-
-
total
2 037
2 812
-
-
Income
148 000
148 000
148 000
148 000
Total tax
117 772
136 012
68 560
46 730
After tax
30 228
11 988
79 440
101 270
Living cost
21 544
21 544
21 544
21 544
Free-cash
8 684
-9 556
57 896
79 726

Estimated living cost  is ₽21544 per week

₽15681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽61224
₽41176
₽58087
₽56239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
148 000
municipal
-
-
-
26 304
health
-
-
-
1 863
national
-
-
-
20 417
total
-
-
-
48 584
Employee
52 337
-
124 505
-
pensions
3 532
-
8 404
-
national
865
-
13 070
-
municipal
8 572
-
20 292
-
unemployment
785
-
1 867
-
health
391
-
1 503
-
total
14 145
-
45 136
-
Employer
52 337
-
124 505
-
pensions
9 080
-
21 602
-
accident
53
-
125
-
health
402
-
959
-
unemployment
340
-
810
-
total
9 875
-
23 496
-
Corporate
85 788
148 000
-
-
income
17 158
29 600
-
-
total
17 158
29 600
-
-
Dividends

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

51 472
88 800
-
-
municipal
9 265
15 984
-
-
national
1 278
7 985
-
-
total
10 543
23 969
-
-
Income
148 000
148 000
148 000
148 000
Total tax
51 721
53 569
68 632
48 584
After tax
96 279
94 431
79 368
99 416
Living cost
38 192
38 192
38 192
38 192
Free-cash
58 087
56 239
41 176
61 224

Estimated living cost  is ₽38192 per week

₽24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79489
₽78113
₽79610
₽85022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
16 095
health
-
-
-
3 774
income
-
-
-
25 610
total
-
-
-
45 479
Employee
76 493
76 493
136 904
-
income
8 329
7 081
24 868
-
social contributions
2 892
6 349
8 563
-
health
593
1 301
2 328
-
total
11 814
14 731
35 759
-
Employer
76 493
76 493
136 904
-
health
644
1 416
2 533
-
social contributions
2 892
6 349
8 563
-
total
3 536
7 765
11 096
-
Corporate
109 619
63 742
-
-
income
13 701
7 968
-
-
total
13 701
7 968
-
-
Dividends
95 917
55 774
-
-
withholding
16 307
9 482
-
-
total
16 307
9 482
-
-
Income
148 000
148 000
148 000
148 000
Total tax
45 358
39 946
46 855
45 479
After tax
102 642
108 054
101 145
102 521
Living cost
23 032
23 032
23 032
23 032
Free-cash
79 610
85 022
78 113
79 489

Estimated living cost  is ₽23032 per week

₽13803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107418
₽87464
₽101706
₽106765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
148 000
unemployment
-
-
-
28
health
-
-
-
3 600
income
-
-
-
14 832
pensions
-
-
-
6 328
total
-
-
-
24 788
Employee

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

22 833
-
138 278
-
income
1 561
-
12 367
-
pensions
3 424
-
14 158
-
unemployment
113
-
472
-
health
1 941
-
8 023
-
total
7 039
-
35 020
-
Employer

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

22 833
-
138 278
-
pensions
1 255
-
5 191
-
health
982
-
4 059
-
unemployment
113
-
472
-
total
2 350
-
9 722
-
Corporate
122 816
148 000
-
-
income
11 053
13 320
-
-
total
11 053
13 320
-
-
Dividends
111 763
134 680
-
-
withholding
10 058
12 121
-
-
total
10 058
12 121
-
-
Income
148 000
148 000
148 000
148 000
Total tax
30 500
25 441
44 742
24 788
After tax
117 500
122 559
103 258
123 212
Living cost
15 794
15 794
15 794
15 794
Free-cash
101 706
106 765
87 464
107 418

Estimated living cost  is ₽15794 per week

₽10077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56005
₽51792
₽67037
₽71625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
36 977
pensions
-
-
-
26 093
total
-
-
-
64 640
Employee
36 783
-
118 606
-
income
7 091
-
33 603
-
pensions
1 729
-
4 334
-
unemployment
570
-
1 429
-
other
36
-
93
-
total
9 426
-
39 459
-
Employer
36 783
-
118 606
-
pensions
8 680
-
21 760
-
other
294
-
738
-
accident
729
-
1 825
-
unemployment
2 024
-
5 071
-
total
11 727
-
29 394
-
Corporate
99 490
148 000
-
-
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.

14 923
22 200
-
-
total
14 923
22 200
-
-
Dividends
84 568
125 800
-
-
withholding
17 532
26 820
-
-
total
17 532
26 820
-
-
Income
148 000
148 000
148 000
148 000
Total tax
53 608
49 020
68 853
64 640
After tax
94 392
98 980
79 147
83 360
Living cost
27 355
27 355
27 355
27 355
Free-cash
67 037
71 625
51 792
56 005

Estimated living cost  is ₽27355 per week

₽18464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
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.
₽5782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91885
₽91691
₽89186
₽89633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
health
-
-
-
1 438
income
-
-
-
49 975
pensions
-
-
-
1 983
total
-
-
-
53 396
Employee
4 142
-
145 769
-
income
801
-
49 871
-
pensions
373
-
893
-
unemployment
41
-
99
-
health
207
-
496
-
total
1 422
-
51 359
-
Employer
4 142
-
145 769
-
pensions
456
-
1 091
-
health
393
-
942
-
unemployment
83
-
198
-
total
932
-
2 231
-
Corporate
142 927
148 000
-
-
income
31 444
32 560
-
-
total
31 444
32 560
-
-
Dividends
111 483
115 440
-
-
withholding
22 297
23 088
-
-
total
22 297
23 088
-
-
Income
148 000
148 000
148 000
148 000
Total tax
56 095
55 648
53 590
53 396
After tax
91 905
92 352
94 410
94 604
Living cost
2 719
2 719
2 719
2 719
Free-cash
89 186
89 633
91 691
91 885

Estimated living cost  is ₽2719 per week

₽1616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70144
₽70143
₽84822
₽89719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
unemployment
-
-
-
1 103
health
-
-
-
7 576
income
-
-
-
32 843
pensions
-
-
-
19 123
total
-
-
-
60 645
Employee

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

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

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

25 953
-
134 835
-
income
3 577
-
32 843
-
pensions
3 633
-
10 297
-
unemployment
195
-
552
-
health
1 337
-
3 788
-
total
8 742
-
47 480
-
Employer

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

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

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

25 953
-
134 835
-
pensions
3 114
-
8 826
-
health
1 337
-
3 788
-
unemployment
195
-
552
-
total
4 646
-
13 166
-
Corporate
117 402
148 000
-
-
income
17 610
22 200
-
-
total
17 610
22 200
-
-
Dividends
99 791
125 800
-
-
withholding
14 969
18 870
-
-
total
14 969
18 870
-
-
Income
148 000
148 000
148 000
148 000
Total tax
45 967
41 070
60 646
60 645
After tax
102 033
106 930
87 354
87 355
Living cost
17 211
17 211
17 211
17 211
Free-cash
84 822
89 719
70 143
70 144

Estimated living cost  is ₽17211 per week

₽11588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53389
₽42969
₽57007
₽57364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
social contributions

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

-
-
-
51 430
income
-
-
-
16 363
surtax
-
-
-
-
total
-
-
-
67 793
Employee
38 609
-
119 597
-
income
7 544
-
36 654
-
social contributions
4 247
-
13 156
-
surtax
-
-
-
-
total
11 791
-
49 810
-
Employer
38 609
-
119 597
-
social contributions
9 169
-
28 403
-
total
9 169
-
28 403
-
Corporate
100 222
148 000
-
-
surtax
-
-
-
-
income
21 047
31 080
-
-
total
21 047
31 080
-
-
Dividends
79 175
116 920
-
-
withholding
22 168
32 738
-
-
total
22 168
32 738
-
-
Income
148 000
148 000
148 000
148 000
Total tax
64 175
63 818
78 213
67 793
After tax
83 825
84 182
69 787
80 207
Living cost
26 818
26 818
26 818
26 818
Free-cash
57 007
57 364
42 969
53 389

Estimated living cost  is ₽26818 per week

₽18995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
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.
₽5486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48399
₽44186
₽57063
₽64019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
36 977
pensions
-
-
-
26 093
total
-
-
-
64 640
Employee
48 043
-
118 606
-
income
10 034
-
33 603
-
pensions
2 258
-
4 334
-
unemployment
744
-
1 429
-
other
47
-
93
-
total
13 083
-
39 459
-
Employer
48 043
-
118 606
-
pensions
11 338
-
21 760
-
other
385
-
738
-
accident
951
-
1 825
-
unemployment
2 643
-
5 071
-
total
15 317
-
29 394
-
Corporate
84 640
148 000
-
-
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.

12 695
22 200
-
-
total
12 695
22 200
-
-
Dividends
71 944
125 800
-
-
withholding
14 881
26 820
-
-
total
14 881
26 820
-
-
Income
148 000
148 000
148 000
148 000
Total tax
55 976
49 020
68 853
64 640
After tax
92 024
98 980
79 147
83 360
Living cost
34 961
34 961
34 961
34 961
Free-cash
57 063
64 019
44 186
48 399

Estimated living cost  is ₽34961 per week

₽25107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99437
₽104949
₽103390
₽109445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
22 200
pensions

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

-
-
-
5 137
total
-
-
-
31 468
Employee
22 636
-
141 190
-
income
2 264
-
14 119
-
pensions

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

1 987
-
3 048
-
health
1 041
-
1 597
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 541
-
19 146
-
Employer
22 636
-
141 190
-
pensions

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

2 494
-
3 825
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
health
1 562
-
2 395
-
unemployment
136
-
208
-
total
4 441
-
6 810
-
Corporate
120 923
148 000
-
-
income
12 092
14 800
-
-
total
12 092
14 800
-
-
Dividends
108 830
133 200
-
-
withholding
5 441
6 660
-
-
total
5 441
6 660
-
-
Income
148 000
148 000
148 000
148 000
Total tax
27 515
21 460
25 956
31 468
After tax
120 485
126 540
122 044
116 532
Living cost
17 095
17 095
17 095
17 095
Free-cash
103 390
109 445
104 949
99 437

Estimated living cost  is ₽17095 per week

₽11306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
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.
₽4403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43116
₽57718
₽50819
₽37807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
trade
-
-
-
14 602
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.

-
-
-
6 796
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.

-
-
-
42 730
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.

-
-
-
2 350
total
-
-
-
66 478
Employee

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

49 496
-
148 000
-
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.

225
-
2 350
-
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.

4 070
-
42 730
-
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.

6 796
-
6 796
-
total
11 091
-
51 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 504
148 000
-
-
trade
14 136
21 237
-
-
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.

812
1 221
-
-
income
14 776
22 200
-
-
chamber of commerce
296
368
-
-
total
30 020
45 026
-
-
Dividends
68 484
102 973
-
-
surtax

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

921
1 395
-
-
withholding
16 743
25 366
-
-
total
17 664
26 761
-
-
Income
148 000
148 000
148 000
148 000
Total tax
58 775
71 787
51 876
66 478
After tax
89 225
76 213
96 124
81 522
Living cost
38 406
38 406
38 406
38 406
Free-cash
50 819
37 807
57 718
43 116

Estimated living cost  is ₽38406 per week

₽26493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24514
₽24514
₽49129
₽46933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
24 061
income
-
-
-
42 758
total
-
-
-
66 819
Employee
77 814
-
148 000
-
social contributions
6 465
-
24 061
-
income
14 683
-
42 758
-
total
21 148
-
66 819
-
Employer
77 814
-
148 000
-
total
-
-
-
-
Corporate
70 186
148 000
-
-
income
8 772
18 500
-
-
total
8 772
18 500
-
-
Dividends
61 414
129 500
-
-
withholding
12 284
25 900
-
-
total
12 284
25 900
-
-
Income
148 000
148 000
148 000
148 000
Total tax
42 204
44 400
66 819
66 819
After tax
105 796
103 600
81 181
81 181
Living cost
56 667
56 667
56 667
56 667
Free-cash
49 129
46 933
24 514
24 514

Estimated living cost  is ₽56667 per week

₽43111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76982
₽70781
₽58310
₽54833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
health

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

-
-
-
6 590
income
-
-
-
28 317
total
-
-
-
34 907
Employee
45 634
-
143 424
-
social contributions
4 572
-
4 576
-
income
4 952
-
31 956
-
total
9 524
-
36 532
-
Employer
45 634
-
143 424
-
social contributions
4 572
-
4 576
-
total
4 572
-
4 576
-
Corporate
97 793
148 000
-
-
income
34 227
51 800
-
-
total
34 227
51 800
-
-
Dividends
63 566
96 200
-
-
social contributions
5 256
5 256
-
-
total
5 256
5 256
-
-
Income
148 000
148 000
148 000
148 000
Total tax
53 579
57 056
41 108
34 907
After tax
94 421
90 944
106 892
113 093
Living cost
36 111
36 111
36 111
36 111
Free-cash
58 310
54 833
70 781
76 982

Estimated living cost  is ₽36111 per week

₽23786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63151
₽49599
₽68170
₽62800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
income
-
-
-
39 338
pensions
-
-
-
8 425
total
-
-
-
47 763
Employee
50 906
-
129 545
-
income
9 270
-
30 305
-
pensions
3 885
-
10 568
-
health
664
-
1 986
-
total
13 819
-
42 859
-
Employer
50 906
-
129 545
-
pensions
5 143
-
15 995
-
health
967
-
2 461
-
total
6 110
-
18 456
-
Corporate
90 983
148 000
-
-
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.

17 287
28 119
-
-
total
17 287
28 119
-
-
Dividends
73 696
119 881
-
-
withholding
5 528
19 995
-
-
total
5 528
19 995
-
-
Income
148 000
148 000
148 000
148 000
Total tax
42 744
48 114
61 315
47 763
After tax
105 256
99 886
86 685
100 237
Living cost
37 086
37 086
37 086
37 086
Free-cash
68 170
62 800
49 599
63 151

Estimated living cost  is ₽37086 per week

₽25441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽77593
₽55763
₽8356
-₽11689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
39 807
pensions
-
-
-
4 136
total
-
-
-
46 730
Employee
37 244
-
131 627
-
income
5 110
-
29 533
-
pensions
4 194
-
7 583
-
health
4 264
-
15 071
-
total
13 568
-
52 187
-
Employer
37 244
-
131 627
-
pensions
6 056
-
10 950
-
accident
622
-
2 198
-
unemployment
912
-
3 225
-
total
7 590
-
16 373
-
Corporate
103 166
148 000
-
-
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.

92 849
133 200
-
-
total
92 849
133 200
-
-
Dividends
10 317
14 800
-
-
withholding
1 960
2 812
-
-
total
1 960
2 812
-
-
Income
148 000
148 000
148 000
148 000
Total tax
115 967
136 012
68 560
46 730
After tax
32 033
11 988
79 440
101 270
Living cost
23 677
23 677
23 677
23 677
Free-cash
8 356
-11 689
55 763
77 593

Estimated living cost  is ₽23677 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽69888
₽88745
₽106476
₽111124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 000
work injury
-
-
-
740
unemployment
-
-
-
1 776
income
-
-
-
23 994
health insurance
-
-
-
10 952
pensions
-
-
-
27 232
total
-
-
-
64 694
Employee

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

21 468
-
148 000
-
income
2 147
-
23 994
-
work injury
107
-
397
-
pensions
3 950
-
14 615
-
unemployment
258
-
953
-
health insurance
1 589
-
5 878
-
total
8 051
-
45 837
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 532
148 000
-
-
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%.

1 265
1 480
-
-
total
1 265
1 480
-
-
Dividends
125 266
146 520
-
-
withholding
18 790
21 978
-
-
total
18 790
21 978
-
-
Income
148 000
148 000
148 000
148 000
Total tax
28 106
23 458
45 837
64 694
After tax
119 894
124 542
102 163
83 306
Living cost
13 418
13 418
13 418
13 418
Free-cash
106 476
111 124
88 745
69 888

Estimated living cost  is ₽13418 per week

₽8312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30945
₽24316
₽33801
₽38327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 000
social contributions
-
-
-
38 065
municipal
-
-
-
989
national
-
-
-
35 011
regional
-
-
-
3 361
total
-
-
-
77 426
Employee
83 826
-
148 000
-
national
14 166
-
30 329
-
social contributions
28 266
-
49 905
-
municipal
500
-
883
-
regional
1 266
-
2 938
-
total
44 198
-
84 055
-
Employer
83 826
-
148 000
-
total
-
-
-
-
Corporate
64 174
148 000
-
-
nationa
15 402
35 520
-
-
municipal
3 094
7 134
-
-
total
18 496
42 654
-
-
Dividends
45 678
105 346
-
-
withholding
11 876
27 390
-
-
total
11 876
27 390
-
-
Income
148 000
148 000
148 000
148 000
Total tax
74 570
70 044
84 055
77 426
After tax
73 430
77 956
63 945
70 574
Living cost
39 629
39 629
39 629
39 629
Free-cash
33 801
38 327
24 316
30 945

Estimated living cost  is ₽39629 per week

₽27837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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