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
₽ 148500
per

Your estimated
City
free-cash

Dresden , Germany
₽44380
₽55543
₽50035
₽66035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
trade
-
-
-
16 000
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.

-
-
-
42 660
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.

-
-
-
6 894
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.

-
-
-
2 346
total
-
-
-
67 900
Employee

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

38 597
-
148 500
-
health

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

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

6 894
-
6 894
-
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
-
2 346
-
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.

1 078
-
42 660
-
total
8 031
-
51 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 903
148 500
-
-
surtax

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

906
1 226
-
-
income
16 486
22 275
-
-
trade
17 310
23 390
-
-
chamber of commerce
310
366
-
-
total
35 012
47 257
-
-
Dividends
74 892
101 244
-
-
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.

1 009
1 371
-
-
withholding
18 340
24 927
-
-
total
19 349
26 298
-
-
Income
148 500
148 500
148 500
148 500
Total tax
62 392
73 555
51 900
67 900
After tax
86 108
74 945
96 600
80 600
Living cost
30 565
30 565
30 565
30 565
Free-cash
55 543
44 380
66 035
50 035

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41674
₽40825
₽37135
₽38300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
municipal
-
-
-
16 065
pensions
-
-
-
17 820
national
-
-
-
24 894
social contributions
-
-
-
1 596
total
-
-
-
60 375
Employee
79 044
-
128 377
-
municipal
9 763
-
16 640
-
pensions
3 162
-
5 135
-
national
15 129
-
25 785
-
total
28 054
-
47 560
-
Employer
79 044
-
128 377
-
social contributions
850
-
1 380
-
pensions
6 324
-
10 270
-
total
7 174
-
11 650
-
Corporate
57 066
148 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

11 413
29 700
-
-
total
11 413
29 700
-
-
Dividends
45 653
118 800
-
-
withholding
10 044
26 136
-
-
total
10 044
26 136
-
-
Income
148 500
148 500
148 500
148 500
Total tax
56 685
55 836
59 210
60 375
After tax
91 815
92 664
89 290
88 125
Living cost
50 990
50 990
50 990
50 990
Free-cash
40 825
41 674
38 300
37 135

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97806
₽89528
₽26862
₽69761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
microenterprise
-
-
-
-
income
-
-
-
24 113
surtax
-
-
-
37 867
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.

-
-
-
38 664
total
-
-
-
100 644
Employee
29 487
-
106 003
-
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.

3 244
-
11 660
-
surtax
-
-
-
-
income
5 249
-
20 549
-
total
8 493
-
32 209
-
Employer
29 487
-
106 003
-
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.

7 103
-
25 536
-
surtax
-
-
-
-
total
7 103
-
25 536
-
Corporate
111 910
148 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

22 382
29 700
-
-
total
22 382
29 700
-
-
Dividends

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

89 528
118 800
-
-
total
-
-
-
-
Income
148 500
148 500
148 500
148 500
Total tax
37 978
29 700
57 745
100 644
After tax
110 522
118 800
90 755
47 856
Living cost
20 994
20 994
20 994
20 994
Free-cash
89 528
97 806
69 761
26 862

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30813
₽24630
₽41746
₽47331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
40 214
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
64 481
Employee
86 174
86 174
129 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
15 875
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
40 142
-
Employer
86 174
86 174
129 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
48 293
47 235
-
-
income
9 659
9 447
-
-
total
9 659
9 447
-
-
Dividends
38 633
37 789
-
-
income
8 210
8 030
-
-
withholding
5 795
5 668
-
-
total
14 005
13 698
-
-
Income
148 500
148 500
148 500
148 500
Total tax
81 597
75 414
58 896
64 481
After tax
66 903
73 086
89 604
84 019
Living cost
42 273
42 273
42 273
42 273
Free-cash
24 630
30 813
47 331
41 746

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42092
₽41216
₽38723
₽37777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
municipal
-
-
-
36 901
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
9 133
total
-
-
-
70 788
Employee
55 556
-
121 651
-
municipal
16 567
-
36 276
-
national
-
-
8 610
-
total
16 567
-
44 886
-
Employer
55 556
-
121 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
75 488
148 500
-
-
income
16 607
32 670
-
-
total
16 607
32 670
-
-
Dividends
58 881
115 830
-
-
withholding
17 664
34 749
-
-
total
17 664
34 749
-
-
Income
148 500
148 500
148 500
148 500
Total tax
68 295
67 419
71 734
70 788
After tax
80 205
81 081
76 766
77 712
Living cost
38 989
38 989
38 989
38 989
Free-cash
41 216
42 092
37 777
38 723

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34538
₽48722
₽40248
₽56958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
trade
-
-
-
16 710
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.

-
-
-
42 660
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.

-
-
-
6 894
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.

-
-
-
2 346
total
-
-
-
68 610
Employee

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

51 174
-
148 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
2 346
-
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.

4 397
-
42 660
-
total
11 532
-
51 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 326
148 500
-
-
surtax

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

802
1 226
-
-
income
14 598
22 275
-
-
trade
16 009
24 428
-
-
chamber of commerce
291
364
-
-
total
31 700
48 293
-
-
Dividends
65 625
100 208
-
-
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.

881
1 358
-
-
withholding
16 023
24 669
-
-
total
16 904
26 027
-
-
Income
148 500
148 500
148 500
148 500
Total tax
60 136
74 320
51 900
68 610
After tax
88 364
74 180
96 600
79 890
Living cost
39 642
39 642
39 642
39 642
Free-cash
48 722
34 538
56 958
40 248

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75697
₽71510
₽70235
₽68849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
25 421
health
-
-
-
3 786
social contributions
-
-
-
16 327
total
-
-
-
45 534
Employee
77 596
77 596
137 274
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 334
-
income
8 148
7 183
24 675
-
total
12 691
14 942
35 695
-
Employer
77 596
77 596
137 274
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 539
-
total
4 612
7 876
11 225
-
Corporate
98 467
63 027
-
-
income
12 308
7 878
-
-
total
12 308
7 878
-
-
Dividends
86 160
55 149
-
-
withholding
14 648
9 376
-
-
total
14 648
9 376
-
-
Income
148 500
148 500
148 500
148 500
Total tax
44 259
40 072
46 920
45 534
After tax
104 241
108 428
101 580
102 966
Living cost
32 731
32 731
32 731
32 731
Free-cash
71 510
75 697
68 849
70 235

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65147
₽65526
₽84539
₽67751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
18 154
pensions
-
-
-
14 850
unemployment
-
-
-
2 227
health
-
-
-
10 395
total
-
-
-
45 626
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.

26 467
10 533
124 268
-
health
1 853
737
8 699
-
income
3 236
1 288
15 192
-
pensions
2 647
1 053
12 427
-
unemployment
397
158
1 864
-
total
8 133
3 236
38 182
-
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.

26 467
10 533
124 268
-
pensions
5 161
2 054
24 232
-
total
5 161
2 054
24 232
-
Corporate
116 872
135 913
-
-
income
10 519
12 232
-
-
total
10 519
12 232
-
-
Dividends
106 354
123 681
-
-
social contributions
20 619
23 997
-
-
withholding
20 207
23 499
-
-
total
40 826
47 496
-
-
Income
148 500
148 500
148 500
148 500
Total tax
64 639
65 018
62 414
45 626
After tax
83 861
83 482
86 086
102 874
Living cost
18 335
18 335
18 335
18 335
Free-cash
65 526
65 147
67 751
84 539

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
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.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94426
₽88155
₽55222
₽61220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
19 899
pensions
-
-
-
29 700
health
-
-
-
19 305
total
-
-
-
68 904
Employee
28 627
-
110 987
-
income
3 223
-
21 398
-
pensions
573
-
2 219
-
unemployment
458
-
1 775
-
total
4 254
-
25 392
-
Employer
28 627
-
110 987
-
unemployment
230
-
889
-
pensions
5 726
-
22 197
-
health
3 721
-
14 428
-
total
9 677
-
37 514
-
Corporate
110 197
148 500
-
-
income
22 040
29 700
-
-
total
22 040
29 700
-
-
Dividends
88 157
118 800
-
-
total
-
-
-
-
Income
148 500
148 500
148 500
148 500
Total tax
35 971
29 700
62 906
68 904
After tax
112 529
118 800
85 594
79 596
Living cost
24 374
24 374
24 374
24 374
Free-cash
88 155
94 426
61 220
55 222

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10042
₽8643
₽79546
₽57600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
accident
-
-
-
253
income
-
-
-
39 896
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
46 883
Employee
34 719
-
132 008
-
health
3 975
-
15 115
-
income
4 763
-
29 568
-
pensions
3 909
-
7 654
-
total
12 647
-
52 337
-
Employer
34 719
-
132 008
-
accident
580
-
2 205
-
unemployment
851
-
3 234
-
pensions
5 646
-
11 053
-
total
7 077
-
16 492
-
Corporate
106 706
148 500
-
-
income

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

96 035
133 650
-
-
total
96 035
133 650
-
-
Dividends
10 671
14 850
-
-
withholding
2 027
2 821
-
-
total
2 027
2 821
-
-
Income
148 500
148 500
148 500
148 500
Total tax
117 786
136 471
68 829
46 883
After tax
30 714
12 029
79 671
101 617
Living cost
22 071
22 071
22 071
22 071
Free-cash
8 643
-10 042
57 600
79 546

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131996
₽130294
₽137936
₽109721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
148 500
microenterprise

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

-
-
-
1 485
total
-
-
-
1 485
Employee
11 349
-
148 500
-
income
2 269
-
29 700
-
total
2 269
-
29 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

137 151
148 500
-
-
total
-
-
-
-
Dividends
137 151
148 500
-
-
withholding
6 858
7 425
-
-
total
6 858
7 425
-
-
Income
148 500
148 500
148 500
148 500
Total tax
9 127
7 425
29 700
1 485
After tax
139 373
141 075
118 800
147 015
Living cost
9 079
9 079
9 079
9 079
Free-cash
130 294
131 996
109 721
137 936

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82214
₽75399
₽51836
₽57979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
20 548
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.

-
-
-
35 640
other
-
-
-
7 053
health
-
-
-
6 534
total
-
-
-
69 775
Employee
36 640
-
118 611
-
health
513
-
1 660
-
income
6 308
-
22 595
-
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.

2 564
-
8 303
-
unemployment
366
-
1 185
-
total
9 751
-
33 743
-
Employer
36 640
-
118 611
-
accident
293
-
950
-
other
1 833
-
5 931
-
unemployment
366
-
1 185
-
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.

6 229
-
20 163
-
health
513
-
1 660
-
total
9 234
-
29 889
-
Corporate
102 626
148 500
-
-
income
21 551
31 186
-
-
total
21 551
31 186
-
-
Dividends
81 075
117 314
-
-
withholding
5 676
8 211
-
-
total
5 676
8 211
-
-
Income
148 500
148 500
148 500
148 500
Total tax
46 212
39 397
63 632
69 775
After tax
102 288
109 103
84 868
78 725
Living cost
26 889
26 889
26 889
26 889
Free-cash
75 399
82 214
57 979
51 836

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32705
₽29633
₽32996
₽19390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
39 269
pensions
-
-
-
8 513
total
-
-
-
47 782
Employee
95 816
-
129 999
-
health
1 579
-
2 001
-
income
17 272
-
30 197
-
pensions
9 244
-
10 689
-
total
28 095
-
42 887
-
Employer
95 816
-
129 999
-
pensions
11 313
-
16 030
-
health
1 820
-
2 471
-
total
13 133
-
18 501
-
Corporate
39 551
148 500
-
-
income

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

7 515
28 215
-
-
total
7 515
28 215
-
-
Dividends
32 036
120 285
-
-
withholding
2 402
19 858
-
-
total
2 402
19 858
-
-
Income
148 500
148 500
148 500
148 500
Total tax
51 145
48 073
61 388
47 782
After tax
97 355
100 427
87 112
100 718
Living cost
67 722
67 722
67 722
67 722
Free-cash
29 633
32 705
19 390
32 996

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽113729
₽109039
₽103569
₽109075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
22 275
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
31 692
Employee
17 531
-
141 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
14 158
-
pensions

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

1 539
-
3 097
-
total
4 291
-
19 265
-
Employer
17 531
-
141 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
127 529
148 500
-
-
income
12 753
14 850
-
-
total
12 753
14 850
-
-
Dividends
114 777
133 650
-
-
withholding
5 738
6 682
-
-
total
5 738
6 682
-
-
Income
148 500
148 500
148 500
148 500
Total tax
26 222
21 532
26 186
31 692
After tax
122 278
126 968
122 314
116 808
Living cost
13 239
13 239
13 239
13 239
Free-cash
109 039
113 729
109 075
103 569

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17129
₽19669
₽28062
₽33647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
40 214
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
64 481
Employee
93 558
86 174
129 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
15 875
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
40 142
-
Employer
93 558
86 174
129 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
38 561
47 235
-
-
income
7 712
9 447
-
-
total
7 712
9 447
-
-
Dividends
30 850
37 789
-
-
income
6 555
8 030
-
-
withholding
4 627
5 668
-
-
total
11 182
13 698
-
-
Income
148 500
148 500
148 500
148 500
Total tax
72 874
75 414
58 896
64 481
After tax
75 626
73 086
89 604
84 019
Living cost
55 957
55 957
55 957
55 957
Free-cash
19 669
17 129
33 647
28 062

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78075
₽69452
₽55459
₽51191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
14 052
health
-
-
-
20 047
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
68 874
Employee
35 540
-
110 821
-
social contributions
2 310
-
7 203
-
health
4 798
-
14 961
-
solidarity contribution
-
-
-
-
income
4 265
-
13 299
-
total
11 373
-
35 463
-
Employer
35 540
-
110 821
-
social contributions
8 885
-
27 705
-
health
3 199
-
9 974
-
total
12 084
-
37 679
-
Corporate
100 877
148 500
-
-
income
19 167
28 215
-
-
total
19 167
28 215
-
-
Dividends
81 710
120 285
-
-
withholding
12 257
18 043
-
-
total
12 257
18 043
-
-
Income
148 500
148 500
148 500
148 500
Total tax
54 881
46 258
73 142
68 874
After tax
93 619
102 242
75 358
79 626
Living cost
24 167
24 167
24 167
24 167
Free-cash
69 452
78 075
51 191
55 459

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36650
₽31382
₽30103
₽23187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
municipal
-
-
-
883
regional
-
-
-
1 722
national
-
-
-
35 017
social contributions
-
-
-
38 194
total
-
-
-
75 816
Employee
89 684
-
148 500
-
social contributions
30 241
-
50 075
-
regional
846
-
1 516
-
municipal
475
-
787
-
national
15 540
-
30 354
-
total
47 102
-
82 732
-
Employer
89 684
-
148 500
-
total
-
-
-
-
Corporate
58 816
148 500
-
-
nationa
14 115
35 640
-
-
municipal
2 294
5 791
-
-
total
16 409
41 431
-
-
Dividends
42 407
107 069
-
-
withholding
11 026
27 838
-
-
total
11 026
27 838
-
-
Income
148 500
148 500
148 500
148 500
Total tax
74 537
69 269
82 732
75 816
After tax
73 963
79 231
65 768
72 684
Living cost
42 581
42 581
42 581
42 581
Free-cash
31 382
36 650
23 187
30 103

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71138
₽67997
₽48200
₽43953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
36 126
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 178
total
-
-
-
78 032
Employee
33 371
-
122 676
-
other
-
-
-
-
health
852
-
3 127
-
surtax
109
-
4 506
-
income
5 594
-
32 101
-
pensions
2 225
-
8 183
-
unemployment
2 323
-
8 539
-
total
11 103
-
56 456
-
Employer
33 371
-
122 676
-
other
-
-
-
-
unemployment
1 057
-
3 889
-
pensions
4 449
-
16 352
-
health
1 519
-
5 582
-
total
7 025
-
25 823
-
Corporate
108 105
148 500
-
-
income
28 108
38 610
-
-
total
28 108
38 610
-
-
Dividends
79 997
109 890
-
-
withholding
11 999
16 484
-
-
total
11 999
16 484
-
-
Income
148 500
148 500
148 500
148 500
Total tax
58 235
55 094
82 279
78 032
After tax
90 265
93 406
66 221
70 468
Living cost
22 268
22 268
22 268
22 268
Free-cash
67 997
71 138
43 953
48 200

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54161
₽57031
₽54452
₽40846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
39 269
pensions
-
-
-
8 513
total
-
-
-
47 782
Employee
64 213
-
129 999
-
health
932
-
2 001
-
income
11 565
-
30 197
-
pensions
5 450
-
10 689
-
total
17 947
-
42 887
-
Employer
64 213
-
129 999
-
pensions
6 951
-
16 030
-
health
1 220
-
2 471
-
total
8 171
-
18 501
-
Corporate
76 116
148 500
-
-
income

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

14 462
28 215
-
-
total
14 462
28 215
-
-
Dividends
61 654
120 285
-
-
withholding
4 623
19 858
-
-
total
4 623
19 858
-
-
Income
148 500
148 500
148 500
148 500
Total tax
45 203
48 073
61 388
47 782
After tax
103 297
100 427
87 112
100 718
Living cost
46 266
46 266
46 266
46 266
Free-cash
57 031
54 161
40 846
54 452

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8360
₽24272
₽45211
₽37992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
city
-
-
-
1 565
pensions
-
-
-
13 661
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.

-
-
-
2 970
regional
-
-
-
6 656
health
-
-
-
335
national
-
-
-
1 836
total
-
-
-
27 023
Employee
89 251
-
132 916
-
city
958
-
1 428
-
regional
2 923
-
5 733
-
health
202
-
300
-
pensions
7 498
-
11 165
-
unemployment
-
-
-
-
national
422
-
1 493
-
total
12 003
-
20 119
-
Employer
89 251
-
132 916
-
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.

1 784
-
2 658
-
unemployment
-
-
-
-
pensions
7 498
-
11 165
-
health
202
-
300
-
total
9 484
-
14 123
-
Corporate
48 783
148 500
-
-
regional
10 317
31 407
-
-
national
4 147
12 622
-
-
total
14 464
44 029
-
-
Dividends
34 320
104 470
-
-
withholding
12 011
36 565
-
-
total
12 011
36 565
-
-
Income
148 500
148 500
148 500
148 500
Total tax
47 962
80 594
34 242
27 023
After tax
100 538
67 906
114 258
121 477
Living cost
76 266
76 266
76 266
76 266
Free-cash
24 272
-8 360
37 992
45 211

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27192
₽43550
₽32951
₽50372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
trade
-
-
-
17 421
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.

-
-
-
42 660
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.

-
-
-
6 894
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.

-
-
-
2 346
total
-
-
-
69 321
Employee

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

60 646
-
148 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
2 346
-
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.

7 131
-
42 660
-
total
14 418
-
51 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 854
148 500
-
-
surtax

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

726
1 226
-
-
income
13 179
22 275
-
-
trade
15 067
25 467
-
-
chamber of commerce
278
362
-
-
total
29 250
49 330
-
-
Dividends
58 604
99 170
-
-
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.

785
1 342
-
-
withholding
14 269
24 408
-
-
total
15 054
25 750
-
-
Income
148 500
148 500
148 500
148 500
Total tax
58 722
75 080
51 900
69 321
After tax
89 778
73 420
96 600
79 179
Living cost
46 228
46 228
46 228
46 228
Free-cash
43 550
27 192
50 372
32 951

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40319
₽46281
₽49631
₽50358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
20 875
pensions
-
-
-
29 267
other
-
-
-
4 604
health
-
-
-
5 366
surtax
-
-
-
-
social contributions
-
-
-
4 232
total
-
-
-
64 344
Employee
43 189
-
116 702
-
social contributions
1 231
-
3 324
-
surtax
-
-
-
-
income
2 549
-
21 116
-
pensions
4 883
-
7 380
-
total
8 663
-
31 820
-
Employer
43 189
-
116 702
-
other
1 490
-
4 239
-
social contributions
130
-
350
-
unemployment
1 748
-
4 726
-
pensions
7 095
-
12 555
-
health
3 024
-
9 927
-
total
13 487
-
31 797
-
Corporate
91 824
148 500
-
-
surtax
-
-
-
-
income
25 711
41 580
-
-
total
25 711
41 580
-
-
Dividends
66 114
106 920
-
-
surtax
-
-
-
-
social contributions
11 371
18 390
-
-
withholding
8 462
13 686
-
-
total
19 833
32 076
-
-
Income
148 500
148 500
148 500
148 500
Total tax
67 694
73 656
63 617
64 344
After tax
80 806
74 844
84 883
84 156
Living cost
34 525
34 525
34 525
34 525
Free-cash
46 281
40 319
50 358
49 631

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43739
₽49344
₽53051
₽53778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
20 875
pensions
-
-
-
29 267
other
-
-
-
4 604
health
-
-
-
5 366
surtax
-
-
-
-
social contributions
-
-
-
4 232
total
-
-
-
64 344
Employee
38 552
-
116 702
-
social contributions
1 099
-
3 324
-
surtax
-
-
-
-
income
1 988
-
21 116
-
pensions
4 360
-
7 380
-
total
7 447
-
31 820
-
Employer
38 552
-
116 702
-
other
1 331
-
4 239
-
social contributions
115
-
350
-
unemployment
1 561
-
4 726
-
pensions
6 335
-
12 555
-
health
2 698
-
9 927
-
total
12 040
-
31 797
-
Corporate
97 909
148 500
-
-
surtax
-
-
-
-
income
27 415
41 580
-
-
total
27 415
41 580
-
-
Dividends
70 494
106 920
-
-
surtax
-
-
-
-
social contributions
12 126
18 390
-
-
withholding
9 023
13 686
-
-
total
21 149
32 076
-
-
Income
148 500
148 500
148 500
148 500
Total tax
68 051
73 656
63 617
64 344
After tax
80 449
74 844
84 883
84 156
Living cost
31 105
31 105
31 105
31 105
Free-cash
49 344
43 739
53 778
53 051

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69202
₽69725
₽73969
₽71767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
22 275
health
-
-
-
10 366
social contributions
-
-
-
20 492
total
-
-
-
53 133
Employee
34 215
-
148 500
-
social contributions
4 722
-
20 492
-
health
2 388
-
10 366
-
income
5 707
-
24 477
-
total
12 817
-
55 335
-
Employer
34 215
-
148 500
-
total
-
-
-
-
Corporate
114 285
148 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

5 714
7 424
-
-
total
5 714
7 424
-
-
Dividends
108 571
141 076
-
-
health
7 578
9 847
-
-
social contributions
14 983
19 468
-
-
withholding
16 285
21 161
-
-
total
38 846
50 476
-
-
Income
148 500
148 500
148 500
148 500
Total tax
57 377
57 900
55 335
53 133
After tax
91 123
90 600
93 165
95 367
Living cost
21 398
21 398
21 398
21 398
Free-cash
69 725
69 202
71 767
73 969

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46888
₽45326
₽40374
₽3371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
chamber of commerce
-
-
-
594
income
-
-
-
34 759
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
72 569
Employee
50 431
40 215
115 158
-
other
504
402
1 151
-
health
1 951
1 557
4 456
-
income
5 741
2 966
27 543
-
pensions
5 165
4 117
11 792
-
unemployment
1 513
1 206
3 455
-
total
14 874
10 248
48 397
-
Employer
50 431
40 215
115 158
-
accident
655
523
1 498
-
other
2 396
1 909
5 469
-
chamber of commerce
201
161
462
-
unemployment
1 513
1 206
3 455
-
surtax
199
199
199
-
pensions
6 329
5 048
14 452
-
payroll
1 513
1 206
3 455
-
health
1 905
1 520
4 353
-
total
14 711
11 772
33 343
-
Corporate
83 358
96 512
111 328
-
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.

20 839
24 129
27 832
-
total
20 839
24 129
27 832
-
Dividends
62 519
72 383
-
-
withholding
17 193
19 906
-
-
total
17 193
19 906
-
-
Income
148 500
148 500
148 500
148 500
Total tax
67 617
66 055
109 572
72 569
After tax
80 883
82 445
38 928
75 931
Living cost
35 557
35 557
35 557
35 557
Free-cash
45 326
46 888
3 371
40 374

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46318
₽31182
₽28241
₽17124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
national
-
-
-
52 706
communal

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

-
-
-
7 516
social contributions
-
-
-
23 243
total
-
-
-
83 465
Employee

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

72 183
-
115 015
-
communal

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

3 765
-
6 000
-
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.

3 391
-
5 406
-
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.

5 414
-
8 627
-
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.

628
-
1 002
-
national
22 192
-
40 069
-
total
35 390
-
61 104
-
Employer

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

72 183
-
115 015
-
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.

938
-
1 496
-
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.

1 053
-
1 679
-
surtax
8 185
-
13 041
-
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.

6 396
-
10 190
-
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.

4 439
-
7 072
-
total
21 011
-
33 478
-
Corporate
55 306
148 500
-
-
surtax
222
594
-
-
income
11 061
29 700
-
-
total
11 283
30 294
-
-
Dividends
44 023
118 207
-
-
withholding

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

12 840
35 094
-
-
total
12 840
35 094
-
-
Income
148 500
148 500
148 500
148 500
Total tax
80 524
65 388
94 582
83 465
After tax
67 976
83 112
53 918
65 035
Living cost
36 794
36 794
36 794
36 794
Free-cash
31 182
46 318
17 124
28 241

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62896
₽55468
₽47222
₽42814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
accident
-
-
-
843
income
-
-
-
36 774
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
64 835
Employee
50 231
-
118 682
-
other
50
-
94
-
income
10 598
-
33 483
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
39 424
-
Employer
50 231
-
118 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
82 258
148 500
-
-
income

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

12 338
22 275
-
-
total
12 338
22 275
-
-
Dividends
69 919
126 225
-
-
withholding
14 452
26 886
-
-
total
14 452
26 886
-
-
Income
148 500
148 500
148 500
148 500
Total tax
56 589
49 161
69 243
64 835
After tax
91 911
99 339
79 257
83 665
Living cost
36 443
36 443
36 443
36 443
Free-cash
55 468
62 896
42 814
47 222

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33625
₽22260
₽21857
₽27778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
accident
-
-
-
1 252
income
-
-
-
21 114
pensions
-
-
-
22 258
health
-
-
-
10 433
surtax
-
-
-
7 361
communal
-
-
-
9 385
total
-
-
-
71 803
Employee
76 419
-
132 648
-
health
3 401
-
5 904
-
surtax
4 684
-
8 129
-
income
7 381
-
25 388
-
pensions
6 113
-
10 611
-
total
21 579
-
50 032
-
Employer
76 419
-
132 648
-
accident
687
-
1 193
-
pensions
6 113
-
10 611
-
health
2 331
-
4 046
-
total
9 131
-
15 850
-
Corporate
62 950
148 500
-
-
surtax
661
1 559
-
-
communal
4 249
10 023
-
-
income
9 443
22 275
-
-
total
14 353
33 857
-
-
Dividends
48 597
114 643
-
-
income
19 047
8 981
-
-
withholding
7 290
17 197
-
-
total
26 337
26 178
-
-
Income
148 500
148 500
148 500
148 500
Total tax
71 400
60 035
65 882
71 803
After tax
77 100
88 465
82 618
76 697
Living cost
54 839
54 839
54 839
54 839
Free-cash
22 260
33 625
27 778
21 857

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70740
₽67531
₽47802
₽43555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
36 126
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 178
total
-
-
-
78 032
Employee
33 983
-
122 676
-
other
-
-
-
-
health
867
-
3 127
-
surtax
121
-
4 506
-
income
5 697
-
32 101
-
pensions
2 267
-
8 183
-
unemployment
2 365
-
8 539
-
total
11 317
-
56 456
-
Employer
33 983
-
122 676
-
other
-
-
-
-
unemployment
1 078
-
3 889
-
pensions
4 531
-
16 352
-
health
1 545
-
5 582
-
total
7 154
-
25 823
-
Corporate
107 362
148 500
-
-
income
27 915
38 610
-
-
total
27 915
38 610
-
-
Dividends
79 447
109 890
-
-
withholding
11 917
16 484
-
-
total
11 917
16 484
-
-
Income
148 500
148 500
148 500
148 500
Total tax
58 303
55 094
82 279
78 032
After tax
90 197
93 406
66 221
70 468
Living cost
22 666
22 666
22 666
22 666
Free-cash
67 531
70 740
43 555
47 802

Estimated living cost  is ₽22666 per week

₽13684
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.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50872
₽48631
₽44983
₽38103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
municipal
-
-
-
883
regional
-
-
-
2 240
national
-
-
-
35 017
social contributions
-
-
-
38 194
total
-
-
-
76 334
Employee
55 977
-
148 500
-
social contributions
18 876
-
50 075
-
regional
754
-
1 998
-
municipal
297
-
787
-
national
8 868
-
30 354
-
total
28 795
-
83 214
-
Employer
55 977
-
148 500
-
total
-
-
-
-
Corporate
92 523
148 500
-
-
nationa
22 206
35 640
-
-
municipal
4 598
7 380
-
-
total
26 804
43 020
-
-
Dividends
65 719
105 480
-
-
withholding
17 087
27 425
-
-
total
17 087
27 425
-
-
Income
148 500
148 500
148 500
148 500
Total tax
72 686
70 445
83 214
76 334
After tax
75 814
78 055
65 286
72 166
Living cost
27 183
27 183
27 183
27 183
Free-cash
48 631
50 872
38 103
44 983

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72462
₽61838
₽49846
₽45578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
14 052
health
-
-
-
20 047
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
68 874
Employee
43 794
-
110 821
-
social contributions
2 847
-
7 203
-
health
5 912
-
14 961
-
solidarity contribution
-
-
-
-
income
5 255
-
13 299
-
total
14 014
-
35 463
-
Employer
43 794
-
110 821
-
social contributions
10 949
-
27 705
-
health
3 941
-
9 974
-
total
14 890
-
37 679
-
Corporate
89 816
148 500
-
-
income
17 065
28 215
-
-
total
17 065
28 215
-
-
Dividends
72 751
120 285
-
-
withholding
10 913
18 043
-
-
total
10 913
18 043
-
-
Income
148 500
148 500
148 500
148 500
Total tax
56 882
46 258
73 142
68 874
After tax
91 618
102 242
75 358
79 626
Living cost
29 780
29 780
29 780
29 780
Free-cash
61 838
72 462
45 578
49 846

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50359
₽49860
₽43936
₽6772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
chamber of commerce
-
-
-
594
income
-
-
-
34 759
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
72 370
Employee
44 111
40 215
115 311
-
other
440
402
1 153
-
health
1 706
1 557
4 462
-
income
3 930
2 966
27 597
-
pensions
4 517
4 117
11 808
-
unemployment
1 323
1 206
3 458
-
total
11 916
10 248
48 478
-
Employer
44 111
40 215
115 311
-
accident
573
523
1 499
-
other
2 095
1 909
5 477
-
chamber of commerce
176
161
462
-
unemployment
1 323
1 206
3 458
-
surtax
-
-
-
-
pensions
5 536
5 048
14 472
-
payroll
1 323
1 206
3 458
-
health
1 668
1 520
4 359
-
total
12 694
11 573
33 185
-
Corporate
91 694
96 711
111 485
-
income

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

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

22 924
24 179
27 871
-
total
22 924
24 179
27 871
-
Dividends
68 770
72 532
-
-
withholding
18 912
19 947
-
-
total
18 912
19 947
-
-
Income
148 500
148 500
148 500
148 500
Total tax
66 446
65 947
109 534
72 370
After tax
82 054
82 553
38 966
76 130
Living cost
32 194
32 194
32 194
32 194
Free-cash
49 860
50 359
6 772
43 936

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126926
₽124273
₽132866
₽104651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
148 500
microenterprise

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

-
-
-
1 485
total
-
-
-
1 485
Employee
17 686
-
148 500
-
income
3 537
-
29 700
-
total
3 537
-
29 700
-
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%.

130 814
148 500
-
-
total
-
-
-
-
Dividends
130 814
148 500
-
-
withholding
6 541
7 425
-
-
total
6 541
7 425
-
-
Income
148 500
148 500
148 500
148 500
Total tax
10 078
7 425
29 700
1 485
After tax
138 422
141 075
118 800
147 015
Living cost
14 149
14 149
14 149
14 149
Free-cash
124 273
126 926
104 651
132 866

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75175
₽66735
₽46947
₽43013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
income
-
-
-
32 533
pensions
-
-
-
27 120
unemployment
-
-
-
222
health
-
-
-
14 611
total
-
-
-
74 486
Employee

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

44 623
-
128 494
-
health
2 882
-
8 301
-
income
7 695
-
30 017
-
pensions
6 917
-
19 916
-
unemployment
63
-
180
-
total
17 557
-
58 414
-
Employer

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

44 623
-
128 494
-
unemployment
27
-
77
-
pensions
3 949
-
11 371
-
health
2 972
-
8 558
-
total
6 948
-
20 006
-
Corporate
96 929
148 500
-
-
income
18 416
28 215
-
-
total
18 416
28 215
-
-
Dividends
78 513
120 285
-
-
withholding
11 777
18 043
-
-
total
11 777
18 043
-
-
Income
148 500
148 500
148 500
148 500
Total tax
54 698
46 258
78 420
74 486
After tax
93 802
102 242
70 080
74 014
Living cost
27 067
27 067
27 067
27 067
Free-cash
66 735
75 175
43 013
46 947

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46782
-₽2043
₽59060
₽91652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
28 946
social contributions
-
-
-
16 929
total
-
-
-
45 875
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
148 500
-
-
income
-
32 670
-
-
total
-
32 670
-
-
Dividends
-
115 830
-
-
income
-
25 483
-
-
total
-
25 483
-
-
Income
148 500
148 500
148 500
148 500
Total tax
106 978
58 153
13 283
45 875
After tax
41 522
90 347
135 217
102 625
Living cost
43 565
43 565
43 565
43 565
Free-cash
-2 043
46 782
91 652
59 060

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽52813
₽51798
₽48888
₽38494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
income
-
-
-
16 356
surtax
-
-
-
-
social contributions

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

-
-
-
51 603
total
-
-
-
67 959
Employee
46 411
-
119 999
-
social contributions
5 105
-
13 200
-
surtax
-
-
-
-
income
9 654
-
36 652
-
total
14 759
-
49 852
-
Employer
46 411
-
119 999
-
social contributions
11 023
-
28 501
-
total
11 023
-
28 501
-
Corporate
91 066
148 500
-
-
surtax
-
-
-
-
income
19 123
31 186
-
-
total
19 123
31 186
-
-
Dividends
71 943
117 314
-
-
withholding
20 144
32 848
-
-
total
20 144
32 848
-
-
Income
148 500
148 500
148 500
148 500
Total tax
65 049
64 034
78 353
67 959
After tax
83 451
84 466
70 147
80 541
Living cost
31 653
31 653
31 653
31 653
Free-cash
51 798
52 813
38 494
48 888

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26105
₽33040
₽35417
₽36144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
20 875
pensions
-
-
-
29 267
other
-
-
-
4 604
health
-
-
-
5 366
surtax
-
-
-
-
social contributions
-
-
-
4 232
total
-
-
-
64 344
Employee
63 203
-
116 702
-
social contributions
1 800
-
3 324
-
surtax
-
-
-
-
income
5 515
-
21 116
-
pensions
7 149
-
7 380
-
total
14 464
-
31 820
-
Employer
63 203
-
116 702
-
other
2 181
-
4 239
-
social contributions
190
-
350
-
unemployment
2 560
-
4 726
-
pensions
10 385
-
12 555
-
health
4 424
-
9 927
-
total
19 740
-
31 797
-
Corporate
65 557
148 500
-
-
surtax
-
-
-
-
income
18 355
41 580
-
-
total
18 355
41 580
-
-
Dividends
47 202
106 920
-
-
surtax
-
-
-
-
social contributions
8 120
18 390
-
-
withholding
6 042
13 686
-
-
total
14 162
32 076
-
-
Income
148 500
148 500
148 500
148 500
Total tax
66 721
73 656
63 617
64 344
After tax
81 779
74 844
84 883
84 156
Living cost
48 739
48 739
48 739
48 739
Free-cash
33 040
26 105
36 144
35 417

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103315
₽99926
₽80038
₽83986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
5 456
social contributions
-
-
-
32 672
total
-
-
-
38 128
Employee
32 442
-
128 571
-
income
-
-
5 894
-
social contributions
2 108
-
8 357
-
total
2 108
-
14 251
-
Employer
32 442
-
128 571
-
social contributions
5 029
-
19 929
-
total
5 029
-
19 929
-
Corporate
111 029
148 500
-
-
income
11 103
14 851
-
-
total
11 103
14 851
-
-
Dividends
99 926
133 649
-
-
total
-
-
-
-
Income
148 500
148 500
148 500
148 500
Total tax
18 240
14 851
34 180
38 128
After tax
130 260
133 649
114 320
110 372
Living cost
30 334
30 334
30 334
30 334
Free-cash
99 926
103 315
83 986
80 038

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽71458
-₽71458
₽40657
-₽71458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
municipal
-
-
-
30 062
pensions
-
-
-
875
national
-
-
-
16 476
labour market
-
-
-
11 810
total
-
-
-
59 223
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
148 500
148 500
148 500
148 500
Total tax
171 338
171 338
171 338
59 223
After tax
-22 838
-22 838
-22 838
89 277
Living cost
48 620
48 620
48 620
48 620
Free-cash
-71 458
-71 458
-71 458
40 657

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9716
₽8694
₽79872
₽57926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
accident
-
-
-
253
income
-
-
-
39 896
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
46 883
Employee
34 207
-
132 008
-
health
3 917
-
15 115
-
income
4 693
-
29 568
-
pensions
3 852
-
7 654
-
total
12 462
-
52 337
-
Employer
34 207
-
132 008
-
accident
571
-
2 205
-
unemployment
838
-
3 234
-
pensions
5 562
-
11 053
-
total
6 971
-
16 492
-
Corporate
107 322
148 500
-
-
income

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

96 589
133 650
-
-
total
96 589
133 650
-
-
Dividends
10 732
14 850
-
-
withholding
2 039
2 821
-
-
total
2 039
2 821
-
-
Income
148 500
148 500
148 500
148 500
Total tax
118 061
136 471
68 829
46 883
After tax
30 439
12 029
79 671
101 617
Living cost
21 745
21 745
21 745
21 745
Free-cash
8 694
-9 716
57 926
79 872

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
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.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56128
₽57961
₽61289
₽41021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
148 500
municipal
-
-
-
26 394
health
-
-
-
1 865
national
-
-
-
20 209
total
-
-
-
48 468
Employee
53 092
-
124 927
-
health
396
-
1 503
-
municipal
8 696
-
20 360
-
pensions
3 583
-
8 432
-
unemployment
797
-
1 875
-
national
877
-
12 995
-
total
14 349
-
45 165
-
Employer
53 092
-
124 927
-
accident
54
-
124
-
unemployment
345
-
812
-
pensions
9 211
-
21 674
-
health
408
-
961
-
total
10 018
-
23 571
-
Corporate
85 391
148 500
-
-
income
17 078
29 700
-
-
total
17 078
29 700
-
-
Dividends

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

51 235
89 100
-
-
national
1 128
7 891
-
-
municipal
9 223
16 038
-
-
total
10 351
23 929
-
-
Income
148 500
148 500
148 500
148 500
Total tax
51 796
53 629
68 736
48 468
After tax
96 704
94 871
79 764
100 032
Living cost
38 743
38 743
38 743
38 743
Free-cash
57 961
56 128
41 021
61 289

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85064
₽79571
₽79602
₽78216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
25 421
health
-
-
-
3 786
social contributions
-
-
-
16 327
total
-
-
-
45 534
Employee
77 596
77 596
137 274
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 334
-
income
8 449
7 183
24 675
-
total
11 984
14 942
35 695
-
Employer
77 596
77 596
137 274
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 539
-
total
3 587
7 876
11 225
-
Corporate
109 565
63 027
-
-
income
13 696
7 878
-
-
total
13 696
7 878
-
-
Dividends
95 869
55 149
-
-
withholding
16 298
9 376
-
-
total
16 298
9 376
-
-
Income
148 500
148 500
148 500
148 500
Total tax
45 565
40 072
46 920
45 534
After tax
102 935
108 428
101 580
102 966
Living cost
23 364
23 364
23 364
23 364
Free-cash
79 571
85 064
78 216
79 602

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106951
₽101816
₽107510
₽87271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
148 500
income
-
-
-
14 868
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
24 968
Employee

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

23 163
-
138 638
-
health
1 969
-
8 139
-
income
1 584
-
12 365
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
35 345
-
Employer

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

23 163
-
138 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
122 953
148 500
-
-
income
11 067
13 365
-
-
total
11 067
13 365
-
-
Dividends
111 886
135 135
-
-
withholding
10 069
12 162
-
-
total
10 069
12 162
-
-
Income
148 500
148 500
148 500
148 500
Total tax
30 662
25 527
45 207
24 968
After tax
117 838
122 973
103 293
123 532
Living cost
16 022
16 022
16 022
16 022
Free-cash
101 816
106 951
87 271
107 510

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71589
₽66906
₽55915
₽51507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
accident
-
-
-
843
income
-
-
-
36 774
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
64 835
Employee
37 313
-
118 682
-
other
36
-
94
-
income
7 194
-
33 483
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
39 424
-
Employer
37 313
-
118 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
99 291
148 500
-
-
income

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

14 893
22 275
-
-
total
14 893
22 275
-
-
Dividends
84 398
126 225
-
-
withholding
17 493
26 886
-
-
total
17 493
26 886
-
-
Income
148 500
148 500
148 500
148 500
Total tax
53 844
49 161
69 243
64 835
After tax
94 656
99 339
79 257
83 665
Living cost
27 750
27 750
27 750
27 750
Free-cash
66 906
71 589
51 507
55 915

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89908
₽89454
₽92150
₽91953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
50 126
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
53 594
Employee
4 198
-
146 238
-
health
210
-
503
-
income
812
-
50 020
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
51 529
-
Employer
4 198
-
146 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
143 358
148 500
-
-
income
31 539
32 670
-
-
total
31 539
32 670
-
-
Dividends
111 819
115 830
-
-
withholding
22 364
23 166
-
-
total
22 364
23 166
-
-
Income
148 500
148 500
148 500
148 500
Total tax
56 290
55 836
53 791
53 594
After tax
92 210
92 664
94 709
94 906
Living cost
2 756
2 756
2 756
2 756
Free-cash
89 454
89 908
91 953
92 150

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89838
₽84874
₽69945
₽69946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
income
-
-
-
32 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
61 102
Employee

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

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

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

26 319
-
135 149
-
health
1 355
-
3 841
-
income
3 628
-
32 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
47 751
-
Employer

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

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

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

26 319
-
135 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
117 470
148 500
-
-
income
17 621
22 275
-
-
total
17 621
22 275
-
-
Dividends
99 850
126 225
-
-
withholding
14 977
18 934
-
-
total
14 977
18 934
-
-
Income
148 500
148 500
148 500
148 500
Total tax
46 173
41 209
61 101
61 102
After tax
102 327
107 291
87 399
87 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
84 874
89 838
69 946
69 945

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57261
₽56897
₽53336
₽42942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
income
-
-
-
16 356
surtax
-
-
-
-
social contributions

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

-
-
-
51 603
total
-
-
-
67 959
Employee
39 166
-
119 999
-
social contributions
4 309
-
13 200
-
surtax
-
-
-
-
income
7 653
-
36 652
-
total
11 962
-
49 852
-
Employer
39 166
-
119 999
-
social contributions
9 301
-
28 501
-
total
9 301
-
28 501
-
Corporate
100 033
148 500
-
-
surtax
-
-
-
-
income
21 007
31 186
-
-
total
21 007
31 186
-
-
Dividends
79 025
117 314
-
-
withholding
22 128
32 848
-
-
total
22 128
32 848
-
-
Income
148 500
148 500
148 500
148 500
Total tax
64 398
64 034
78 353
67 959
After tax
84 102
84 466
70 147
80 541
Living cost
27 205
27 205
27 205
27 205
Free-cash
56 897
57 261
42 942
53 336

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63874
₽56787
₽48200
₽43792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
accident
-
-
-
843
income
-
-
-
36 774
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
64 835
Employee
48 736
-
118 682
-
other
48
-
94
-
income
10 179
-
33 483
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
39 424
-
Employer
48 736
-
118 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
84 226
148 500
-
-
income

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

12 633
22 275
-
-
total
12 633
22 275
-
-
Dividends
71 593
126 225
-
-
withholding
14 805
26 886
-
-
total
14 805
26 886
-
-
Income
148 500
148 500
148 500
148 500
Total tax
56 248
49 161
69 243
64 835
After tax
92 252
99 339
79 257
83 665
Living cost
35 465
35 465
35 465
35 465
Free-cash
56 787
63 874
43 792
48 200

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109597
₽103443
₽99437
₽104943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
22 275
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
31 692
Employee
23 001
-
141 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
14 158
-
pensions

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

2 019
-
3 097
-
total
5 630
-
19 265
-
Employer
23 001
-
141 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
120 986
148 500
-
-
income
12 098
14 850
-
-
total
12 098
14 850
-
-
Dividends
108 888
133 650
-
-
withholding
5 445
6 682
-
-
total
5 445
6 682
-
-
Income
148 500
148 500
148 500
148 500
Total tax
27 686
21 532
26 186
31 692
After tax
120 814
126 968
122 314
116 808
Living cost
17 371
17 371
17 371
17 371
Free-cash
103 443
109 597
104 943
99 437

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37512
₽50716
₽43064
₽57641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
trade
-
-
-
14 577
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.

-
-
-
42 660
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.

-
-
-
6 894
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.

-
-
-
2 346
total
-
-
-
66 477
Employee

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

50 210
-
148 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 346
-
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.

4 129
-
42 660
-
total
11 251
-
51 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 290
148 500
-
-
surtax

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

810
1 226
-
-
income
14 743
22 275
-
-
trade
14 104
21 310
-
-
chamber of commerce
297
372
-
-
total
29 954
45 183
-
-
Dividends
68 336
103 318
-
-
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.

919
1 400
-
-
withholding
16 701
25 446
-
-
total
17 620
26 846
-
-
Income
148 500
148 500
148 500
148 500
Total tax
58 825
72 029
51 900
66 477
After tax
89 675
76 471
96 600
82 023
Living cost
38 959
38 959
38 959
38 959
Free-cash
50 716
37 512
57 641
43 064

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46466
₽48693
₽24197
₽24197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
42 720
social contributions
-
-
-
24 099
total
-
-
-
66 819
Employee
78 935
-
148 500
-
income
14 895
-
42 720
-
social contributions
6 558
-
24 099
-
total
21 453
-
66 819
-
Employer
78 935
-
148 500
-
total
-
-
-
-
Corporate
69 565
148 500
-
-
income
8 696
18 562
-
-
total
8 696
18 562
-
-
Dividends
60 869
129 938
-
-
withholding
12 174
25 988
-
-
total
12 174
25 988
-
-
Income
148 500
148 500
148 500
148 500
Total tax
42 323
44 550
66 819
66 819
After tax
106 177
103 950
81 681
81 681
Living cost
57 484
57 484
57 484
57 484
Free-cash
48 693
46 466
24 197
24 197

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54563
₽58089
₽76403
₽70741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
143 858
-
income
5 023
-
31 844
-
social contributions
4 638
-
4 642
-
total
9 661
-
36 486
-
Employer
46 292
-
143 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
97 570
148 500
-
-
income
34 150
51 975
-
-
total
34 150
51 975
-
-
Dividends
63 420
96 525
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
148 500
148 500
148 500
148 500
Total tax
53 780
57 306
41 128
35 466
After tax
94 720
91 194
107 372
113 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
58 089
54 563
70 741
76 403

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽62814
₽67939
₽63105
₽49499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
income
-
-
-
39 269
pensions
-
-
-
8 513
total
-
-
-
47 782
Employee
51 629
-
129 999
-
health
673
-
2 001
-
income
9 402
-
30 197
-
pensions
3 941
-
10 689
-
total
14 016
-
42 887
-
Employer
51 629
-
129 999
-
pensions
5 216
-
16 030
-
health
981
-
2 471
-
total
6 197
-
18 501
-
Corporate
90 674
148 500
-
-
income

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

17 227
28 215
-
-
total
17 227
28 215
-
-
Dividends
73 447
120 285
-
-
withholding
5 508
19 858
-
-
total
5 508
19 858
-
-
Income
148 500
148 500
148 500
148 500
Total tax
42 948
48 073
61 388
47 782
After tax
105 552
100 427
87 112
100 718
Living cost
37 613
37 613
37 613
37 613
Free-cash
67 939
62 814
49 499
63 105

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
-₽11869
₽8364
₽77719
₽55773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
accident
-
-
-
253
income
-
-
-
39 896
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
46 883
Employee
37 593
-
132 008
-
health
4 304
-
15 115
-
income
5 157
-
29 568
-
pensions
4 233
-
7 654
-
total
13 694
-
52 337
-
Employer
37 593
-
132 008
-
accident
628
-
2 205
-
unemployment
921
-
3 234
-
pensions
6 112
-
11 053
-
total
7 661
-
16 492
-
Corporate
103 246
148 500
-
-
income

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

92 921
133 650
-
-
total
92 921
133 650
-
-
Dividends
10 325
14 850
-
-
withholding
1 962
2 821
-
-
total
1 962
2 821
-
-
Income
148 500
148 500
148 500
148 500
Total tax
116 238
136 471
68 829
46 883
After tax
32 262
12 029
79 671
101 617
Living cost
23 898
23 898
23 898
23 898
Free-cash
8 364
-11 869
55 773
77 719

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111332
₽106610
₽69991
₽88638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
148 500
work injury
-
-
-
742
health insurance
-
-
-
10 989
income
-
-
-
24 041
pensions
-
-
-
27 324
unemployment
-
-
-
1 782
total
-
-
-
64 878
Employee

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

21 810
-
148 500
-
work injury
109
-
403
-
income
2 181
-
24 041
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
46 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 690
148 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 267
1 485
-
-
total
1 267
1 485
-
-
Dividends
125 423
147 015
-
-
withholding
18 813
22 052
-
-
total
18 813
22 052
-
-
Income
148 500
148 500
148 500
148 500
Total tax
28 259
23 537
46 231
64 878
After tax
120 241
124 963
102 269
83 622
Living cost
13 631
13 631
13 631
13 631
Free-cash
106 610
111 332
88 638
69 991

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38019
₽33428
₽30727
₽24045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
148 500
municipal
-
-
-
992
regional
-
-
-
3 369
national
-
-
-
35 017
social contributions
-
-
-
38 194
total
-
-
-
77 572
Employee
85 034
-
148 500
-
social contributions
28 673
-
50 075
-
regional
1 284
-
2 938
-
municipal
507
-
887
-
national
14 370
-
30 354
-
total
44 834
-
84 254
-
Employer
85 034
-
148 500
-
total
-
-
-
-
Corporate
63 466
148 500
-
-
nationa
15 232
35 640
-
-
municipal
3 058
7 158
-
-
total
18 290
42 798
-
-
Dividends
45 176
105 702
-
-
withholding
11 747
27 482
-
-
total
11 747
27 482
-
-
Income
148 500
148 500
148 500
148 500
Total tax
74 871
70 280
84 254
77 572
After tax
73 629
78 220
64 246
70 928
Living cost
40 201
40 201
40 201
40 201
Free-cash
33 428
38 019
24 045
30 727

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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