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
₽ 149000
per

Your estimated
City
free-cash

Dresden , Germany
₽45373
₽56261
₽50465
₽66723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
trade
-
-
-
16 258
income

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

-
-
-
43 351
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.

-
-
-
6 725
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.

-
-
-
2 384
total
-
-
-
68 718
Employee

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

37 652
-
149 000
-
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.

1 052
-
43 351
-
surtax

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

58
-
2 384
-
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.

6 725
-
6 725
-
total
7 835
-
52 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 348
149 000
-
-
income
16 703
22 350
-
-
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
1 229
-
-
trade
17 538
23 467
-
-
chamber of commerce
310
364
-
-
total
35 470
47 410
-
-
Dividends
75 879
101 590
-
-
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.

1 022
1 377
-
-
withholding
18 595
25 023
-
-
total
19 617
26 400
-
-
Income
149 000
149 000
149 000
149 000
Total tax
62 922
73 810
52 460
68 718
After tax
86 078
75 190
96 540
80 282
Living cost
29 817
29 817
29 817
29 817
Free-cash
56 261
45 373
66 723
50 465

Estimated living cost  is ₽29817 per week

₽18756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39571
₽38682
₽35157
₽36326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
16 064
national
-
-
-
24 892
pensions
-
-
-
17 880
social contributions
-
-
-
1 602
total
-
-
-
60 438
Employee
82 788
-
128 809
-
national
15 846
-
25 786
-
pensions
3 312
-
5 152
-
municipal
10 226
-
16 641
-
total
29 384
-
47 579
-
Employer
82 788
-
128 809
-
social contributions
890
-
1 385
-
pensions
6 623
-
10 305
-
total
7 513
-
11 690
-
Corporate
53 235
149 000
-
-
income

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

10 647
29 800
-
-
total
10 647
29 800
-
-
Dividends
42 588
119 200
-
-
withholding
9 369
26 224
-
-
total
9 369
26 224
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 913
56 024
59 269
60 438
After tax
92 087
92 976
89 731
88 562
Living cost
53 405
53 405
53 405
53 405
Free-cash
38 682
39 571
36 326
35 157

Estimated living cost  is ₽53405 per week

₽36299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98720
₽90644
₽28334
₽70088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
microenterprise
-
-
-
-
income
-
-
-
24 474
surtax
-
-
-
37 995
social contributions

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

-
-
-
37 717
total
-
-
-
100 186
Employee
28 765
-
107 188
-
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.

3 165
-
11 791
-
income
5 120
-
20 820
-
surtax
-
-
-
-
total
8 285
-
32 611
-
Employer
28 765
-
107 188
-
social contributions

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

6 929
-
25 821
-
surtax
-
-
-
-
total
6 929
-
25 821
-
Corporate
113 306
149 000
-
-
income

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

22 662
29 800
-
-
total
22 662
29 800
-
-
Dividends

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

90 644
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
37 876
29 800
58 432
100 186
After tax
111 124
119 200
90 568
48 814
Living cost
20 480
20 480
20 480
20 480
Free-cash
90 644
98 720
70 088
28 334

Estimated living cost  is ₽20480 per week

₽13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
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.
₽4999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32167
₽26136
₽42719
₽49205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
41 370
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
65 043
Employee
84 064
84 064
130 706
-
pensions
15 132
11 534
11 534
-
income

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

13 760
13 760
16 590
-
health
12 903
10 975
12 139
-
total
41 795
36 269
40 263
-
Employer
84 064
84 064
130 706
-
health
5 843
5 843
7 261
-
pensions
5 851
5 851
7 273
-
unemployment
3 026
3 026
3 760
-
total
14 720
14 720
18 294
-
Corporate
51 246
50 215
-
-
income
10 248
10 043
-
-
total
10 248
10 043
-
-
Dividends
40 998
40 172
-
-
income
8 713
8 537
-
-
withholding
6 150
6 026
-
-
total
14 863
14 563
-
-
Income
149 000
149 000
149 000
149 000
Total tax
81 626
75 595
58 557
65 043
After tax
67 374
73 405
90 443
83 957
Living cost
41 238
41 238
41 238
41 238
Free-cash
26 136
32 167
49 205
42 719

Estimated living cost  is ₽41238 per week

₽29225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42100
₽41219
₽38755
₽37803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
37 000
national
-
-
-
9 068
unemployment
-
-
-
86
accident
-
-
-
172
health
-
-
-
5 368
pensions
-
-
-
9 300
other
-
-
-
9 997
total
-
-
-
70 991
Employee
55 934
-
121 969
-
national
-
-
8 541
-
municipal
16 679
-
36 371
-
total
16 679
-
44 912
-
Employer
55 934
-
121 969
-
health
3 440
-
5 291
-
pensions
6 046
-
9 300
-
accident
112
-
172
-
other
6 500
-
9 997
-
unemployment
1 477
-
2 271
-
total
17 575
-
27 031
-
Corporate
75 492
149 000
-
-
income
16 608
32 780
-
-
total
16 608
32 780
-
-
Dividends
58 884
116 220
-
-
withholding
17 665
34 866
-
-
total
17 665
34 866
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 527
67 646
71 943
70 991
After tax
80 473
81 354
77 057
78 009
Living cost
39 254
39 254
39 254
39 254
Free-cash
41 219
42 100
37 803
38 755

Estimated living cost  is ₽39254 per week

₽26016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35752
₽49581
₽40887
₽57868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
trade
-
-
-
16 981
income

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

-
-
-
43 351
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.

-
-
-
6 725
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.

-
-
-
2 384
total
-
-
-
69 441
Employee

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

49 921
-
149 000
-
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.

4 289
-
43 351
-
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.

235
-
2 384
-
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.

6 725
-
6 725
-
total
11 249
-
52 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 079
149 000
-
-
income
14 863
22 350
-
-
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.

818
1 229
-
-
trade
16 299
24 511
-
-
chamber of commerce
290
361
-
-
total
32 270
48 451
-
-
Dividends
66 809
100 549
-
-
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.

899
1 362
-
-
withholding
16 329
24 763
-
-
total
17 228
26 125
-
-
Income
149 000
149 000
149 000
149 000
Total tax
60 747
74 576
52 460
69 441
After tax
88 253
74 424
96 540
79 559
Living cost
38 672
38 672
38 672
38 672
Free-cash
49 581
35 752
57 868
40 887

Estimated living cost  is ₽38672 per week

₽25864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76848
₽72765
₽71135
₽69757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
26 209
health
-
-
-
3 800
social contributions
-
-
-
15 927
total
-
-
-
45 936
Employee
75 696
75 696
137 974
-
social contributions
3 678
6 282
8 474
-
income
7 949
7 007
25 468
-
health
753
1 287
2 346
-
total
12 380
14 576
36 288
-
Employer
75 696
75 696
137 974
-
social contributions
3 678
6 282
8 474
-
health
820
1 401
2 552
-
total
4 498
7 683
11 026
-
Corporate
100 193
65 620
-
-
income
12 524
8 203
-
-
total
12 524
8 203
-
-
Dividends
87 669
57 418
-
-
withholding
14 904
9 761
-
-
total
14 904
9 761
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 306
40 223
47 314
45 936
After tax
104 694
108 777
101 686
103 064
Living cost
31 929
31 929
31 929
31 929
Free-cash
72 765
76 848
69 757
71 135

Estimated living cost  is ₽31929 per week

₽21827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64510
₽64911
₽83950
₽67106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
2 235
income
-
-
-
18 215
health
-
-
-
10 430
pensions
-
-
-
14 900
total
-
-
-
45 780
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.

27 817
11 071
124 686
-
pensions
2 782
1 107
12 469
-
unemployment
417
166
1 870
-
income
3 401
1 353
15 243
-
health
1 947
775
8 728
-
total
8 547
3 401
38 310
-
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.

27 817
11 071
124 686
-
pensions
5 424
2 159
24 314
-
total
5 424
2 159
24 314
-
Corporate
115 759
135 770
-
-
income
10 418
12 219
-
-
total
10 418
12 219
-
-
Dividends
105 340
123 551
-
-
social contributions
20 415
23 966
-
-
withholding
20 015
23 475
-
-
total
40 430
47 441
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 819
65 220
62 624
45 780
After tax
84 181
83 780
86 376
103 220
Living cost
19 270
19 270
19 270
19 270
Free-cash
64 911
64 510
67 106
83 950

Estimated living cost  is ₽19270 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95423
₽89307
₽56087
₽62106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
19 966
health
-
-
-
19 370
pensions
-
-
-
29 800
total
-
-
-
69 136
Employee
27 926
-
111 360
-
pensions
559
-
2 227
-
unemployment
446
-
1 782
-
income
3 144
-
21 470
-
total
4 149
-
25 479
-
Employer
27 926
-
111 360
-
health
3 630
-
14 476
-
pensions
5 586
-
22 271
-
unemployment
224
-
891
-
total
9 440
-
37 638
-
Corporate
111 634
149 000
-
-
income
22 327
29 800
-
-
total
22 327
29 800
-
-
Dividends
89 307
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
35 916
29 800
63 117
69 136
After tax
113 084
119 200
85 883
79 864
Living cost
23 777
23 777
23 777
23 777
Free-cash
89 307
95 423
62 106
56 087

Estimated living cost  is ₽23777 per week

₽16308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9414
₽8775
₽80456
₽58644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
247
income
-
-
-
40 259
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
47 061
Employee
33 794
-
132 772
-
pensions
3 805
-
7 450
-
income
4 636
-
29 993
-
health
3 869
-
15 202
-
total
12 310
-
52 645
-
Employer
33 794
-
132 772
-
pensions
5 495
-
10 758
-
accident
564
-
2 217
-
unemployment
828
-
3 253
-
total
6 887
-
16 228
-
Corporate
108 319
149 000
-
-
income

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

97 487
134 100
-
-
total
97 487
134 100
-
-
Dividends
10 832
14 900
-
-
withholding
2 058
2 831
-
-
total
2 058
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 742
136 931
68 873
47 061
After tax
30 258
12 069
80 127
101 939
Living cost
21 483
21 483
21 483
21 483
Free-cash
8 775
-9 414
58 644
80 456

Estimated living cost  is ₽21483 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133045
₽131450
₽139005
₽110695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
149 000
microenterprise

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

-
-
-
1 490
total
-
-
-
1 490
Employee
10 631
-
149 000
-
income
2 126
-
29 800
-
total
2 126
-
29 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

138 369
149 000
-
-
total
-
-
-
-
Dividends
138 369
149 000
-
-
withholding
6 919
7 450
-
-
total
6 919
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
9 045
7 450
29 800
1 490
After tax
139 955
141 550
119 200
147 510
Living cost
8 505
8 505
8 505
8 505
Free-cash
131 450
133 045
110 695
139 005

Estimated living cost  is ₽8505 per week

₽5271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83239
₽76591
₽52640
₽58803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
20 736
health
-
-
-
6 555
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.

-
-
-
35 761
other
-
-
-
7 078
total
-
-
-
70 130
Employee
35 743
-
119 010
-
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.

2 501
-
8 330
-
unemployment
357
-
1 190
-
income
6 154
-
22 791
-
health
501
-
1 666
-
total
9 513
-
33 977
-
Employer
35 743
-
119 010
-
health
501
-
1 666
-
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.

6 077
-
20 231
-
accident
286
-
953
-
other
1 788
-
5 950
-
unemployment
357
-
1 190
-
total
9 009
-
29 990
-
Corporate
104 249
149 000
-
-
income
21 892
31 291
-
-
total
21 892
31 291
-
-
Dividends
82 357
117 709
-
-
withholding
5 765
8 240
-
-
total
5 765
8 240
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 179
39 531
63 967
70 130
After tax
102 821
109 469
85 033
78 870
Living cost
26 230
26 230
26 230
26 230
Free-cash
76 591
83 239
58 803
52 640

Estimated living cost  is ₽26230 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34035
₽31788
₽34473
₽20845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 878
pensions
-
-
-
8 402
total
-
-
-
48 280
Employee
93 729
-
130 394
-
pensions
9 042
-
10 522
-
income
16 896
-
30 792
-
health
1 544
-
1 990
-
total
27 482
-
43 304
-
Employer
93 729
-
130 394
-
health
1 780
-
2 478
-
pensions
11 067
-
16 126
-
total
12 847
-
18 604
-
Corporate
42 424
149 000
-
-
income

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

8 061
28 309
-
-
total
8 061
28 309
-
-
Dividends
34 364
120 691
-
-
withholding
2 576
20 409
-
-
total
2 576
20 409
-
-
Income
149 000
149 000
149 000
149 000
Total tax
50 966
48 718
61 908
48 280
After tax
98 034
100 282
87 092
100 720
Living cost
66 246
66 246
66 246
66 246
Free-cash
31 788
34 035
20 845
34 473

Estimated living cost  is ₽66246 per week

₽49640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114398
₽109792
₽104407
₽109974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
139
income
-
-
-
22 350
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
31 596
Employee
17 210
-
142 206
-
pensions

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

1 511
-
3 040
-
income
1 721
-
14 221
-
health
792
-
1 593
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 213
-
19 235
-
Employer
17 210
-
142 206
-
health
1 188
-
2 389
-
pensions

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

1 897
-
3 816
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 377
-
6 794
-
Corporate
128 413
149 000
-
-
income
12 842
14 900
-
-
total
12 842
14 900
-
-
Dividends
115 571
134 100
-
-
withholding
5 779
6 705
-
-
total
5 779
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
26 211
21 605
26 029
31 596
After tax
122 789
127 395
122 971
117 404
Living cost
12 997
12 997
12 997
12 997
Free-cash
109 792
114 398
109 974
104 407

Estimated living cost  is ₽12997 per week

₽7588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18818
₽21294
₽29370
₽35856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
41 370
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
65 043
Employee
91 267
84 064
130 706
-
pensions
11 534
11 534
11 534
-
income

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

13 760
13 760
16 590
-
health
11 386
10 975
12 139
-
total
36 680
36 269
40 263
-
Employer
91 267
84 064
130 706
-
health
6 342
5 843
7 261
-
pensions
6 352
5 851
7 273
-
unemployment
3 286
3 026
3 760
-
total
15 980
14 720
18 294
-
Corporate
41 753
50 215
-
-
income
8 350
10 043
-
-
total
8 350
10 043
-
-
Dividends
33 403
40 172
-
-
income
7 099
8 537
-
-
withholding
5 010
6 026
-
-
total
12 109
14 563
-
-
Income
149 000
149 000
149 000
149 000
Total tax
73 119
75 595
58 557
65 043
After tax
75 881
73 405
90 443
83 957
Living cost
54 587
54 587
54 587
54 587
Free-cash
21 294
18 818
35 856
29 370

Estimated living cost  is ₽54587 per week

₽40267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78094
₽69358
₽55104
₽51120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
solidarity contribution
-
-
-
-
income
-
-
-
14 046
health
-
-
-
20 115
social contributions
-
-
-
35 243
total
-
-
-
69 404
Employee
36 018
-
111 194
-
social contributions
2 341
-
7 228
-
income
4 322
-
13 343
-
solidarity contribution
-
-
-
-
health
4 862
-
15 011
-
total
11 525
-
35 582
-
Employer
36 018
-
111 194
-
social contributions
9 004
-
27 799
-
health
3 242
-
10 007
-
total
12 246
-
37 806
-
Corporate
100 736
149 000
-
-
income
19 140
28 310
-
-
total
19 140
28 310
-
-
Dividends
81 596
120 690
-
-
withholding
12 239
18 104
-
-
total
12 239
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
55 150
46 414
73 388
69 404
After tax
93 850
102 586
75 612
79 596
Living cost
24 492
24 492
24 492
24 492
Free-cash
69 358
78 094
51 120
55 104

Estimated living cost  is ₽24492 per week

₽17012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37959
₽32817
₽31102
₽24248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
885
national
-
-
-
35 421
regional
-
-
-
1 732
social contributions
-
-
-
38 322
total
-
-
-
76 360
Employee
87 488
-
149 000
-
national
15 160
-
30 654
-
social contributions
29 501
-
50 242
-
municipal
463
-
790
-
regional
826
-
1 528
-
total
45 950
-
83 214
-
Employer
87 488
-
149 000
-
total
-
-
-
-
Corporate
61 512
149 000
-
-
municipal
2 399
5 812
-
-
nationa
14 764
35 759
-
-
total
17 163
41 571
-
-
Dividends
44 350
107 429
-
-
withholding
11 532
27 932
-
-
total
11 532
27 932
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 645
69 503
83 214
76 360
After tax
74 355
79 497
65 786
72 640
Living cost
41 538
41 538
41 538
41 538
Free-cash
32 817
37 959
24 248
31 102

Estimated living cost  is ₽41538 per week

₽28956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71998
₽68935
₽48984
₽44236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
224
income
-
-
-
37 104
health
-
-
-
9 327
surtax
-
-
-
5 361
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
78 293
Employee
32 554
-
123 089
-
pensions
2 171
-
8 210
-
unemployment
2 266
-
8 567
-
income
5 457
-
32 604
-
other
-
-
-
-
surtax
106
-
4 610
-
health
831
-
3 140
-
total
10 831
-
57 131
-
Employer
32 554
-
123 089
-
health
1 481
-
5 601
-
pensions
4 340
-
16 407
-
other
-
-
-
-
unemployment
1 031
-
3 902
-
total
6 852
-
25 910
-
Corporate
109 594
149 000
-
-
income
28 494
38 741
-
-
total
28 494
38 741
-
-
Dividends
81 100
110 259
-
-
withholding
12 165
16 538
-
-
total
12 165
16 538
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 342
55 279
83 041
78 293
After tax
90 658
93 721
65 959
70 707
Living cost
21 723
21 723
21 723
21 723
Free-cash
68 935
71 998
44 236
48 984

Estimated living cost  is ₽21723 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55024
₽58585
₽55462
₽41834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 878
pensions
-
-
-
8 402
total
-
-
-
48 280
Employee
62 815
-
130 394
-
pensions
5 332
-
10 522
-
income
11 313
-
30 792
-
health
912
-
1 990
-
total
17 557
-
43 304
-
Employer
62 815
-
130 394
-
health
1 193
-
2 478
-
pensions
6 800
-
16 126
-
total
7 993
-
18 604
-
Corporate
78 192
149 000
-
-
income

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

14 856
28 309
-
-
total
14 856
28 309
-
-
Dividends
63 336
120 691
-
-
withholding
4 751
20 409
-
-
total
4 751
20 409
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 157
48 718
61 908
48 280
After tax
103 843
100 282
87 092
100 720
Living cost
45 258
45 258
45 258
45 258
Free-cash
58 585
55 024
41 834
55 462

Estimated living cost  is ₽45258 per week

₽33907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8815
₽24109
₽44969
₽37730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
city
-
-
-
1 571
national
-
-
-
1 831
regional
-
-
-
6 656
health
-
-
-
336
pensions
-
-
-
13 708
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.

-
-
-
2 980
total
-
-
-
27 082
Employee
90 050
-
133 363
-
national
426
-
1 487
-
city
966
-
1 433
-
pensions
7 565
-
11 202
-
unemployment
-
-
-
-
health
204
-
300
-
regional
2 949
-
5 729
-
total
12 110
-
20 151
-
Employer
90 050
-
133 363
-
health
204
-
300
-
pensions
7 565
-
11 202
-
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.

1 800
-
2 668
-
unemployment
-
-
-
-
total
9 569
-
14 170
-
Corporate
48 390
149 000
-
-
national
4 113
12 664
-
-
regional
10 235
31 513
-
-
total
14 348
44 177
-
-
Dividends
34 042
104 823
-
-
withholding
11 915
36 689
-
-
total
11 915
36 689
-
-
Income
149 000
149 000
149 000
149 000
Total tax
47 942
80 866
34 321
27 082
After tax
101 058
68 134
114 679
121 918
Living cost
76 949
76 949
76 949
76 949
Free-cash
24 109
-8 815
37 730
44 969

Estimated living cost  is ₽76949 per week

₽50039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽945
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28561
₽44524
₽33740
₽51444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
trade
-
-
-
17 704
income

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

-
-
-
43 351
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.

-
-
-
6 725
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.

-
-
-
2 384
total
-
-
-
70 164
Employee

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

59 161
-
149 000
-
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.

6 957
-
43 351
-
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.

383
-
2 384
-
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.

6 725
-
6 725
-
total
14 065
-
52 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 839
149 000
-
-
income
13 476
22 350
-
-
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.

742
1 229
-
-
trade
15 408
25 554
-
-
chamber of commerce
276
359
-
-
total
29 902
49 492
-
-
Dividends
59 936
99 509
-
-
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.

803
1 347
-
-
withholding
14 610
24 504
-
-
total
15 413
25 851
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 380
75 343
52 460
70 164
After tax
89 620
73 657
96 540
78 836
Living cost
45 096
45 096
45 096
45 096
Free-cash
44 524
28 561
51 444
33 740

Estimated living cost  is ₽45096 per week

₽32936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽41417
₽47231
₽50680
₽50929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 341
health
-
-
-
5 539
surtax
-
-
-
-
pensions
-
-
-
28 894
other
-
-
-
4 620
social contributions
-
-
-
4 246
total
-
-
-
64 640
Employee
42 131
-
116 818
-
pensions
4 764
-
7 500
-
social contributions
1 201
-
3 329
-
income
2 486
-
21 380
-
surtax
-
-
-
-
total
8 451
-
32 209
-
Employer
42 131
-
116 818
-
social contributions
127
-
351
-
health
2 950
-
10 070
-
pensions
6 921
-
12 737
-
other
1 453
-
4 292
-
unemployment
1 706
-
4 732
-
total
13 157
-
32 182
-
Corporate
93 712
149 000
-
-
income
26 239
41 720
-
-
surtax
-
-
-
-
total
26 239
41 720
-
-
Dividends
67 473
107 280
-
-
social contributions
11 606
18 451
-
-
surtax
-
-
-
-
withholding
8 636
13 732
-
-
total
20 242
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 089
73 903
64 391
64 640
After tax
80 911
75 097
84 609
84 360
Living cost
33 680
33 680
33 680
33 680
Free-cash
47 231
41 417
50 929
50 680

Estimated living cost  is ₽33680 per week

₽21237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2739
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.
₽9133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44754
₽50223
₽54017
₽54266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 341
health
-
-
-
5 539
surtax
-
-
-
-
pensions
-
-
-
28 894
other
-
-
-
4 620
social contributions
-
-
-
4 246
total
-
-
-
64 640
Employee
37 608
-
116 818
-
pensions
4 254
-
7 500
-
social contributions
1 072
-
3 329
-
income
1 939
-
21 380
-
surtax
-
-
-
-
total
7 265
-
32 209
-
Employer
37 608
-
116 818
-
social contributions
112
-
351
-
health
2 632
-
10 070
-
pensions
6 180
-
12 737
-
other
1 298
-
4 292
-
unemployment
1 522
-
4 732
-
total
11 744
-
32 182
-
Corporate
99 647
149 000
-
-
income
27 902
41 720
-
-
surtax
-
-
-
-
total
27 902
41 720
-
-
Dividends
71 745
107 280
-
-
social contributions
12 339
18 451
-
-
surtax
-
-
-
-
withholding
9 184
13 732
-
-
total
21 523
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 434
73 903
64 391
64 640
After tax
80 566
75 097
84 609
84 360
Living cost
30 343
30 343
30 343
30 343
Free-cash
50 223
44 754
54 266
54 017

Estimated living cost  is ₽30343 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70028
₽70538
₽74814
₽72458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
health
-
-
-
10 400
social contributions
-
-
-
20 562
total
-
-
-
53 312
Employee
33 377
-
149 000
-
social contributions
4 607
-
20 562
-
income
5 567
-
24 706
-
health
2 330
-
10 400
-
total
12 504
-
55 668
-
Employer
33 377
-
149 000
-
total
-
-
-
-
Corporate
115 623
149 000
-
-
income

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

5 782
7 450
-
-
total
5 782
7 450
-
-
Dividends
109 841
141 550
-
-
social contributions
15 158
19 535
-
-
health
7 667
9 880
-
-
withholding
16 477
21 233
-
-
total
39 302
50 648
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 588
58 098
55 668
53 312
After tax
91 412
90 902
93 332
95 688
Living cost
20 874
20 874
20 874
20 874
Free-cash
70 538
70 028
72 458
74 814

Estimated living cost  is ₽20874 per week

₽13970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47989
₽46463
₽41718
₽4107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
6 038
income
-
-
-
35 694
chamber of commerce
-
-
-
596
health
-
-
-
8 797
surtax
-
-
-
194
pensions
-
-
-
21 276
total
-
-
-
72 595
Employee
49 196
39 230
115 660
-
pensions
5 038
4 016
11 776
-
unemployment
1 476
1 177
3 450
-
income
5 601
2 894
28 061
-
other
491
392
1 151
-
health
1 904
1 519
4 450
-
total
14 510
9 998
48 888
-
Employer
49 196
39 230
115 660
-
chamber of commerce
196
157
463
-
health
1 859
1 483
4 347
-
payroll
1 476
1 177
3 469
-
pensions
6 174
4 924
14 433
-
surtax
194
194
194
-
accident
639
510
1 494
-
other
2 337
1 862
5 488
-
unemployment
1 476
1 177
3 450
-
total
14 351
11 484
33 338
-
Corporate
85 453
98 285
111 924
-
income

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

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

21 364
24 571
27 980
-
total
21 364
24 571
27 980
-
Dividends
64 090
73 714
-
-
withholding
17 625
20 271
-
-
total
17 625
20 271
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 850
66 324
110 206
72 595
After tax
81 150
82 676
38 794
76 405
Living cost
34 687
34 687
34 687
34 687
Free-cash
46 463
47 989
4 107
41 718

Estimated living cost  is ₽34687 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47488
₽32725
₽29110
₽17929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
national
-
-
-
53 192
communal

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

-
-
-
7 545
social contributions
-
-
-
23 260
total
-
-
-
83 997
Employee

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

70 415
-
115 404
-
national
21 648
-
40 484
-
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.

5 281
-
8 655
-
communal

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

3 673
-
6 019
-
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.

613
-
1 003
-
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.

3 308
-
5 423
-
total
34 523
-
61 584
-
Employer

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

70 415
-
115 404
-
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.

4 330
-
7 097
-
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.

6 239
-
10 224
-
surtax
7 984
-
13 088
-
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.

915
-
1 500
-
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.

1 027
-
1 685
-
total
20 495
-
33 594
-
Corporate
58 088
149 000
-
-
income
11 618
29 800
-
-
surtax
232
596
-
-
total
11 850
30 396
-
-
Dividends
46 239
118 604
-
-
withholding

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

13 514
35 223
-
-
total
13 514
35 223
-
-
Income
149 000
149 000
149 000
149 000
Total tax
80 382
65 619
95 178
83 997
After tax
68 618
83 381
53 822
65 003
Living cost
35 893
35 893
35 893
35 893
Free-cash
32 725
47 488
17 929
29 110

Estimated living cost  is ₽35893 per week

₽23120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64062
₽56884
₽48340
₽44211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
37 735
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
65 109
Employee
49 001
-
119 912
-
pensions
2 303
-
4 289
-
unemployment
760
-
1 414
-
income
10 339
-
34 355
-
other
49
-
92
-
total
13 451
-
40 150
-
Employer
49 001
-
119 912
-
pensions
11 564
-
21 534
-
accident
970
-
1 806
-
other
390
-
730
-
unemployment
2 696
-
5 018
-
total
15 620
-
29 088
-
Corporate
84 379
149 000
-
-
income

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

12 656
22 350
-
-
total
12 656
22 350
-
-
Dividends
71 723
126 650
-
-
withholding
14 838
27 037
-
-
total
14 838
27 037
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 565
49 387
69 238
65 109
After tax
92 435
99 613
79 762
83 891
Living cost
35 551
35 551
35 551
35 551
Free-cash
56 884
64 062
44 211
48 340

Estimated living cost  is ₽35551 per week

₽26180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35036
₽23698
₽22903
₽28844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
1 255
income
-
-
-
21 740
communal
-
-
-
9 417
health
-
-
-
10 469
surtax
-
-
-
7 386
pensions
-
-
-
22 333
total
-
-
-
72 600
Employee
74 548
-
133 095
-
pensions
5 963
-
10 648
-
income
7 201
-
26 029
-
surtax
4 569
-
8 156
-
health
3 318
-
5 922
-
total
21 051
-
50 755
-
Employer
74 548
-
133 095
-
health
2 273
-
4 059
-
pensions
5 963
-
10 648
-
accident
671
-
1 197
-
total
8 907
-
15 904
-
Corporate
65 545
149 000
-
-
income
9 832
22 350
-
-
surtax
687
1 564
-
-
communal
4 424
10 058
-
-
total
14 943
33 972
-
-
Dividends
50 602
115 029
-
-
income
19 314
9 241
-
-
withholding
7 590
17 254
-
-
total
26 904
26 495
-
-
Income
149 000
149 000
149 000
149 000
Total tax
71 805
60 467
66 659
72 600
After tax
77 195
88 533
82 341
76 400
Living cost
53 497
53 497
53 497
53 497
Free-cash
23 698
35 036
28 844
22 903

Estimated living cost  is ₽53497 per week

₽40130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71610
₽68478
₽48596
₽43848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
224
income
-
-
-
37 104
health
-
-
-
9 327
surtax
-
-
-
5 361
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
78 293
Employee
33 151
-
123 089
-
pensions
2 212
-
8 210
-
unemployment
2 307
-
8 567
-
income
5 558
-
32 604
-
other
-
-
-
-
surtax
118
-
4 610
-
health
846
-
3 140
-
total
11 041
-
57 131
-
Employer
33 151
-
123 089
-
health
1 508
-
5 601
-
pensions
4 420
-
16 407
-
other
-
-
-
-
unemployment
1 052
-
3 902
-
total
6 980
-
25 910
-
Corporate
108 869
149 000
-
-
income
28 305
38 741
-
-
total
28 305
38 741
-
-
Dividends
80 564
110 259
-
-
withholding
12 085
16 538
-
-
total
12 085
16 538
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 411
55 279
83 041
78 293
After tax
90 589
93 721
65 959
70 707
Living cost
22 111
22 111
22 111
22 111
Free-cash
68 478
71 610
43 848
48 596

Estimated living cost  is ₽22111 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51801
₽49614
₽45608
₽38791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
885
national
-
-
-
35 421
regional
-
-
-
2 246
social contributions
-
-
-
38 322
total
-
-
-
76 874
Employee
54 606
-
149 000
-
national
8 651
-
30 654
-
social contributions
18 414
-
50 242
-
municipal
290
-
790
-
regional
735
-
2 005
-
total
28 090
-
83 691
-
Employer
54 606
-
149 000
-
total
-
-
-
-
Corporate
94 394
149 000
-
-
municipal
4 691
7 405
-
-
nationa
22 654
35 759
-
-
total
27 345
43 164
-
-
Dividends
67 048
105 836
-
-
withholding
17 433
27 517
-
-
total
17 433
27 517
-
-
Income
149 000
149 000
149 000
149 000
Total tax
72 868
70 681
83 691
76 874
After tax
76 132
78 319
65 309
72 126
Living cost
26 518
26 518
26 518
26 518
Free-cash
49 614
51 801
38 791
45 608

Estimated living cost  is ₽26518 per week

₽16492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72405
₽61639
₽49415
₽45431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
solidarity contribution
-
-
-
-
income
-
-
-
14 046
health
-
-
-
20 115
social contributions
-
-
-
35 243
total
-
-
-
69 404
Employee
44 383
-
111 194
-
social contributions
2 885
-
7 228
-
income
5 326
-
13 343
-
solidarity contribution
-
-
-
-
health
5 992
-
15 011
-
total
14 203
-
35 582
-
Employer
44 383
-
111 194
-
social contributions
11 096
-
27 799
-
health
3 994
-
10 007
-
total
15 090
-
37 806
-
Corporate
89 526
149 000
-
-
income
17 010
28 310
-
-
total
17 010
28 310
-
-
Dividends
72 516
120 690
-
-
withholding
10 877
18 104
-
-
total
10 877
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 180
46 414
73 388
69 404
After tax
91 820
102 586
75 612
79 596
Living cost
30 181
30 181
30 181
30 181
Free-cash
61 639
72 405
45 431
49 415

Estimated living cost  is ₽30181 per week

₽22444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51374
₽50887
₽45193
₽7447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
6 038
income
-
-
-
35 694
chamber of commerce
-
-
-
596
health
-
-
-
8 797
surtax
-
-
-
-
pensions
-
-
-
21 276
total
-
-
-
72 401
Employee
43 031
39 230
115 843
-
pensions
4 407
4 016
11 776
-
unemployment
1 291
1 177
3 450
-
income
3 833
2 894
28 137
-
other
430
392
1 151
-
health
1 664
1 519
4 450
-
total
11 625
9 998
48 964
-
Employer
43 031
39 230
115 843
-
chamber of commerce
172
157
463
-
health
1 627
1 483
4 347
-
payroll
1 291
1 177
3 475
-
pensions
5 401
4 924
14 433
-
surtax
-
-
-
-
accident
559
510
1 494
-
other
2 044
1 862
5 494
-
unemployment
1 291
1 177
3 450
-
total
12 385
11 290
33 156
-
Corporate
93 585
98 479
112 107
-
income

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

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

23 396
24 620
28 027
-
total
23 396
24 620
28 027
-
Dividends
70 189
73 860
-
-
withholding
19 301
20 312
-
-
total
19 301
20 312
-
-
Income
149 000
149 000
149 000
149 000
Total tax
66 707
66 220
110 147
72 401
After tax
82 293
82 780
38 853
76 599
Living cost
31 406
31 406
31 406
31 406
Free-cash
50 887
51 374
7 447
45 193

Estimated living cost  is ₽31406 per week

₽18840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128296
₽125810
₽134256
₽105946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
149 000
microenterprise

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

-
-
-
1 490
total
-
-
-
1 490
Employee
16 567
-
149 000
-
income
3 314
-
29 800
-
total
3 314
-
29 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

132 433
149 000
-
-
total
-
-
-
-
Dividends
132 433
149 000
-
-
withholding
6 622
7 450
-
-
total
6 622
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
9 936
7 450
29 800
1 490
After tax
139 064
141 550
119 200
147 510
Living cost
13 254
13 254
13 254
13 254
Free-cash
125 810
128 296
105 946
134 256

Estimated living cost  is ₽13254 per week

₽8969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76183
₽67948
₽47605
₽43660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
unemployment
-
-
-
224
income
-
-
-
32 893
health
-
-
-
14 663
pensions
-
-
-
27 211
total
-
-
-
74 991
Employee

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

43 531
-
128 927
-
pensions
6 748
-
19 983
-
unemployment
62
-
181
-
income
7 507
-
30 371
-
health
2 811
-
8 328
-
total
17 128
-
58 863
-
Employer

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

43 531
-
128 927
-
health
2 899
-
8 586
-
pensions
3 852
-
11 410
-
unemployment
26
-
77
-
total
6 777
-
20 073
-
Corporate
98 692
149 000
-
-
income
18 752
28 309
-
-
total
18 752
28 309
-
-
Dividends
79 940
120 691
-
-
withholding
11 991
18 104
-
-
total
11 991
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 648
46 413
78 936
74 991
After tax
94 352
102 587
70 064
74 009
Living cost
26 404
26 404
26 404
26 404
Free-cash
67 948
76 183
43 660
47 605

Estimated living cost  is ₽26404 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44347
-₽11013
₽56666
₽88577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
29 043
social contributions
-
-
-
16 986
total
-
-
-
46 029
Employee
66 395
-
-
-
social contributions
5 444
-
776
-
income
14 646
-
-
-
total
20 090
-
776
-
Employer
66 395
-
-
-
social contributions
93 618
-
13 342
-
total
93 618
-
13 342
-
Corporate
-
149 000
-
-
income
-
32 780
-
-
total
-
32 780
-
-
Dividends
-
116 220
-
-
income
-
25 568
-
-
total
-
25 568
-
-
Income
149 000
149 000
149 000
149 000
Total tax
113 708
58 348
14 118
46 029
After tax
35 292
90 652
134 882
102 971
Living cost
46 305
46 305
46 305
46 305
Free-cash
-11 013
44 347
88 577
56 666

Estimated living cost  is ₽46305 per week

₽30045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽11315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53872
₽52883
₽49774
₽39188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
income
-
-
-
16 570
surtax
-
-
-
-
social contributions

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

-
-
-
51 778
total
-
-
-
68 348
Employee
45 275
-
120 403
-
social contributions
4 980
-
13 245
-
income
9 417
-
37 094
-
surtax
-
-
-
-
total
14 397
-
50 339
-
Employer
45 275
-
120 403
-
social contributions
10 753
-
28 595
-
total
10 753
-
28 595
-
Corporate
92 972
149 000
-
-
income
19 523
31 291
-
-
surtax
-
-
-
-
total
19 523
31 291
-
-
Dividends
73 449
117 709
-
-
withholding
20 566
32 959
-
-
total
20 566
32 959
-
-
Income
149 000
149 000
149 000
149 000
Total tax
65 239
64 250
78 934
68 348
After tax
83 761
84 750
70 066
80 652
Living cost
30 878
30 878
30 878
30 878
Free-cash
52 883
53 872
39 188
49 774

Estimated living cost  is ₽30878 per week

₽23103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27551
₽34317
₽36814
₽37063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 341
health
-
-
-
5 539
surtax
-
-
-
-
pensions
-
-
-
28 894
other
-
-
-
4 620
social contributions
-
-
-
4 246
total
-
-
-
64 640
Employee
61 655
-
116 818
-
pensions
6 974
-
7 500
-
social contributions
1 756
-
3 329
-
income
5 380
-
21 380
-
surtax
-
-
-
-
total
14 110
-
32 209
-
Employer
61 655
-
116 818
-
social contributions
185
-
351
-
health
4 315
-
10 070
-
pensions
10 131
-
12 737
-
other
2 128
-
4 292
-
unemployment
2 498
-
4 732
-
total
19 257
-
32 182
-
Corporate
68 088
149 000
-
-
income
19 064
41 720
-
-
surtax
-
-
-
-
total
19 064
41 720
-
-
Dividends
49 024
107 280
-
-
social contributions
8 431
18 451
-
-
surtax
-
-
-
-
withholding
6 275
13 732
-
-
total
14 706
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 137
73 903
64 391
64 640
After tax
81 863
75 097
84 609
84 360
Living cost
47 546
47 546
47 546
47 546
Free-cash
34 317
27 551
37 063
36 814

Estimated living cost  is ₽47546 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104509
₽101202
₽80985
₽84943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
5 644
social contributions
-
-
-
32 780
total
-
-
-
38 424
Employee
31 648
-
129 004
-
social contributions
2 057
-
8 386
-
income
-
-
6 084
-
total
2 057
-
14 470
-
Employer
31 648
-
129 004
-
social contributions
4 906
-
19 996
-
total
4 906
-
19 996
-
Corporate
112 447
149 000
-
-
income
11 244
14 900
-
-
total
11 244
14 900
-
-
Dividends
101 203
134 100
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
18 207
14 900
34 466
38 424
After tax
130 793
134 100
114 534
110 576
Living cost
29 591
29 591
29 591
29 591
Free-cash
101 202
104 509
84 943
80 985

Estimated living cost  is ₽29591 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65074
-₽65074
₽41948
-₽65074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
30 323
national
-
-
-
16 706
labour market
-
-
-
11 852
pensions
-
-
-
852
total
-
-
-
59 733
Employee
199 724
199 724
199 724
-
national
24 400
24 400
24 400
-
pensions
284
284
284
-
municipal
42 530
42 530
42 530
-
labour market
15 955
15 955
15 955
-
total
83 169
83 169
83 169
-
Employer
199 724
199 724
199 724
-
municipal
42 598
42 598
42 598
-
labour market
15 978
15 978
15 978
-
national
24 442
24 442
24 442
-
pensions
568
568
568
-
total
83 586
83 586
83 586
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
166 755
166 755
166 755
59 733
After tax
-17 755
-17 755
-17 755
89 267
Living cost
47 319
47 319
47 319
47 319
Free-cash
-65 074
-65 074
-65 074
41 948

Estimated living cost  is ₽47319 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9097
₽8822
₽80773
₽58961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
247
income
-
-
-
40 259
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
47 061
Employee
33 296
-
132 772
-
pensions
3 749
-
7 450
-
income
4 568
-
29 993
-
health
3 813
-
15 202
-
total
12 130
-
52 645
-
Employer
33 296
-
132 772
-
pensions
5 414
-
10 758
-
accident
556
-
2 217
-
unemployment
816
-
3 253
-
total
6 786
-
16 228
-
Corporate
108 919
149 000
-
-
income

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

98 027
134 100
-
-
total
98 027
134 100
-
-
Dividends
10 892
14 900
-
-
withholding
2 069
2 831
-
-
total
2 069
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
119 012
136 931
68 873
47 061
After tax
29 988
12 069
80 127
101 939
Living cost
21 166
21 166
21 166
21 166
Free-cash
8 822
-9 097
58 961
80 773

Estimated living cost  is ₽21166 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽57087
₽58978
₽61856
₽41921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
149 000
municipal
-
-
-
26 480
national
-
-
-
20 987
health
-
-
-
1 883
total
-
-
-
49 350
Employee
51 792
-
125 346
-
national
856
-
13 345
-
pensions
3 495
-
8 461
-
unemployment
777
-
1 879
-
municipal
8 483
-
20 428
-
health
387
-
1 519
-
total
13 998
-
45 632
-
Employer
51 792
-
125 346
-
health
398
-
966
-
pensions
8 986
-
21 748
-
accident
52
-
125
-
unemployment
336
-
814
-
total
9 772
-
23 653
-
Corporate
87 436
149 000
-
-
income
17 487
29 800
-
-
total
17 487
29 800
-
-
Dividends

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

52 462
89 400
-
-
municipal
9 443
16 092
-
-
national
1 528
8 227
-
-
total
10 971
24 319
-
-
Income
149 000
149 000
149 000
149 000
Total tax
52 228
54 119
69 285
49 350
After tax
96 772
94 881
79 715
99 650
Living cost
37 794
37 794
37 794
37 794
Free-cash
58 978
57 087
41 921
61 856

Estimated living cost  is ₽37794 per week

₽24687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85985
₽80626
₽80272
₽78894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
26 209
health
-
-
-
3 800
social contributions
-
-
-
15 927
total
-
-
-
45 936
Employee
75 696
75 696
137 974
-
social contributions
2 862
6 282
8 474
-
income
8 242
7 007
25 468
-
health
587
1 287
2 346
-
total
11 691
14 576
36 288
-
Employer
75 696
75 696
137 974
-
social contributions
2 862
6 282
8 474
-
health
637
1 401
2 552
-
total
3 499
7 683
11 026
-
Corporate
111 019
65 620
-
-
income
13 878
8 203
-
-
total
13 878
8 203
-
-
Dividends
97 141
57 418
-
-
withholding
16 514
9 761
-
-
total
16 514
9 761
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 582
40 223
47 314
45 936
After tax
103 418
108 777
101 686
103 064
Living cost
22 792
22 792
22 792
22 792
Free-cash
80 626
85 985
78 894
80 272

Estimated living cost  is ₽22792 per week

₽13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107760
₽102751
₽108561
₽88816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
149 000
unemployment
-
-
-
28
income
-
-
-
14 958
health
-
-
-
3 562
pensions
-
-
-
6 262
total
-
-
-
24 810
Employee

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

22 596
-
139 379
-
pensions
3 389
-
14 011
-
unemployment
112
-
467
-
income
1 545
-
12 518
-
health
1 920
-
7 939
-
total
6 966
-
34 935
-
Employer

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

22 596
-
139 379
-
health
971
-
4 016
-
pensions
1 242
-
5 137
-
unemployment
112
-
467
-
total
2 325
-
9 620
-
Corporate
124 079
149 000
-
-
income
11 167
13 409
-
-
total
11 167
13 409
-
-
Dividends
112 911
135 591
-
-
withholding
10 162
12 202
-
-
total
10 162
12 202
-
-
Income
149 000
149 000
149 000
149 000
Total tax
30 620
25 611
44 555
24 810
After tax
118 380
123 389
104 445
124 190
Living cost
15 629
15 629
15 629
15 629
Free-cash
102 751
107 760
88 816
108 561

Estimated living cost  is ₽15629 per week

₽9972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
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.
₽4065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72543
₽68044
₽56821
₽52692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
37 735
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
65 109
Employee
36 399
-
119 912
-
pensions
1 711
-
4 289
-
unemployment
564
-
1 414
-
income
7 018
-
34 355
-
other
35
-
92
-
total
9 328
-
40 150
-
Employer
36 399
-
119 912
-
pensions
8 590
-
21 534
-
accident
721
-
1 806
-
other
291
-
730
-
unemployment
2 003
-
5 018
-
total
11 605
-
29 088
-
Corporate
100 996
149 000
-
-
income

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

15 150
22 350
-
-
total
15 150
22 350
-
-
Dividends
85 846
126 650
-
-
withholding
17 803
27 037
-
-
total
17 803
27 037
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 886
49 387
69 238
65 109
After tax
95 114
99 613
79 762
83 891
Living cost
27 070
27 070
27 070
27 070
Free-cash
68 044
72 543
52 692
56 821

Estimated living cost  is ₽27070 per week

₽18272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
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.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91310
₽91037
₽94205
₽94086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
51 032
health
-
-
-
881
pensions
-
-
-
1 216
total
-
-
-
53 129
Employee
2 538
-
147 633
-
pensions
228
-
547
-
unemployment
25
-
61
-
income
491
-
50 968
-
health
127
-
304
-
total
871
-
51 880
-
Employer
2 538
-
147 633
-
health
241
-
577
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 368
-
Corporate
145 891
149 000
-
-
income
32 096
32 780
-
-
total
32 096
32 780
-
-
Dividends
113 795
116 220
-
-
withholding
22 759
23 244
-
-
total
22 759
23 244
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 297
56 024
53 248
53 129
After tax
92 703
92 976
95 752
95 871
Living cost
1 666
1 666
1 666
1 666
Free-cash
91 037
91 310
94 086
94 205

Estimated living cost  is ₽1666 per week

₽990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90658
₽85822
₽71407
₽71407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
unemployment
-
-
-
1 089
income
-
-
-
33 145
health
-
-
-
7 481
pensions
-
-
-
18 883
total
-
-
-
60 598
Employee

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

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

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

25 628
-
136 000
-
pensions
3 588
-
10 168
-
unemployment
192
-
545
-
income
3 533
-
33 145
-
health
1 320
-
3 740
-
total
8 633
-
47 598
-
Employer

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

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

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

25 628
-
136 000
-
health
1 320
-
3 740
-
pensions
3 075
-
8 715
-
unemployment
192
-
545
-
total
4 587
-
13 000
-
Corporate
118 785
149 000
-
-
income
17 818
22 350
-
-
total
17 818
22 350
-
-
Dividends
100 967
126 650
-
-
withholding
15 145
18 997
-
-
total
15 145
18 997
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 183
41 347
60 598
60 598
After tax
102 817
107 653
88 402
88 402
Living cost
16 995
16 995
16 995
16 995
Free-cash
85 822
90 658
71 407
71 407

Estimated living cost  is ₽16995 per week

₽11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58211
₽57859
₽54113
₽43527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
income
-
-
-
16 570
surtax
-
-
-
-
social contributions

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

-
-
-
51 778
total
-
-
-
68 348
Employee
38 207
-
120 403
-
social contributions
4 203
-
13 245
-
income
7 465
-
37 094
-
surtax
-
-
-
-
total
11 668
-
50 339
-
Employer
38 207
-
120 403
-
social contributions
9 073
-
28 595
-
total
9 073
-
28 595
-
Corporate
101 720
149 000
-
-
income
21 362
31 291
-
-
surtax
-
-
-
-
total
21 362
31 291
-
-
Dividends
80 358
117 709
-
-
withholding
22 499
32 959
-
-
total
22 499
32 959
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 602
64 250
78 934
68 348
After tax
84 398
84 750
70 066
80 652
Living cost
26 539
26 539
26 539
26 539
Free-cash
57 859
58 211
43 527
54 113

Estimated living cost  is ₽26539 per week

₽18797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
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.
₽5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65017
₽58173
₽49295
₽45166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
37 735
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
65 109
Employee
47 542
-
119 912
-
pensions
2 234
-
4 289
-
unemployment
736
-
1 414
-
income
9 930
-
34 355
-
other
47
-
92
-
total
12 947
-
40 150
-
Employer
47 542
-
119 912
-
pensions
11 220
-
21 534
-
accident
942
-
1 806
-
other
381
-
730
-
unemployment
2 615
-
5 018
-
total
15 158
-
29 088
-
Corporate
86 300
149 000
-
-
income

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

12 946
22 350
-
-
total
12 946
22 350
-
-
Dividends
73 354
126 650
-
-
withholding
15 180
27 037
-
-
total
15 180
27 037
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 231
49 387
69 238
65 109
After tax
92 769
99 613
79 762
83 891
Living cost
34 596
34 596
34 596
34 596
Free-cash
58 173
65 017
45 166
49 295

Estimated living cost  is ₽34596 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110342
₽104302
₽100351
₽105918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
139
income
-
-
-
22 350
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
31 596
Employee
22 581
-
142 206
-
pensions

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

1 982
-
3 040
-
income
2 258
-
14 221
-
health
1 039
-
1 593
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 527
-
19 235
-
Employer
22 581
-
142 206
-
health
1 558
-
2 389
-
pensions

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

2 488
-
3 816
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 430
-
6 794
-
Corporate
121 989
149 000
-
-
income
12 199
14 900
-
-
total
12 199
14 900
-
-
Dividends
109 790
134 100
-
-
withholding
5 489
6 705
-
-
total
5 489
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
27 645
21 605
26 029
31 596
After tax
121 355
127 395
122 971
117 404
Living cost
17 053
17 053
17 053
17 053
Free-cash
104 302
110 342
105 918
100 351

Estimated living cost  is ₽17053 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38717
₽51594
₽43721
₽58535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
trade
-
-
-
14 814
income

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

-
-
-
43 351
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.

-
-
-
6 725
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.

-
-
-
2 384
total
-
-
-
67 274
Employee

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

48 980
-
149 000
-
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.

4 028
-
43 351
-
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.

222
-
2 384
-
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.

6 725
-
6 725
-
total
10 975
-
52 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 020
149 000
-
-
income
15 003
22 350
-
-
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.

826
1 229
-
-
trade
14 353
21 382
-
-
chamber of commerce
297
368
-
-
total
30 479
45 329
-
-
Dividends
69 542
103 671
-
-
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.

936
1 405
-
-
withholding
17 011
25 544
-
-
total
17 947
26 949
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 401
72 278
52 460
67 274
After tax
89 599
76 722
96 540
81 726
Living cost
38 005
38 005
38 005
38 005
Free-cash
51 594
38 717
58 535
43 721

Estimated living cost  is ₽38005 per week

₽26217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4089
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.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽48224
₽50397
₽25302
₽25302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
43 329
social contributions
-
-
-
24 293
total
-
-
-
67 622
Employee
77 003
-
149 000
-
social contributions
6 397
-
24 293
-
income
14 530
-
43 329
-
total
20 927
-
67 622
-
Employer
77 003
-
149 000
-
total
-
-
-
-
Corporate
71 997
149 000
-
-
income
9 000
18 625
-
-
total
9 000
18 625
-
-
Dividends
62 997
130 375
-
-
withholding
12 600
26 075
-
-
total
12 600
26 075
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 527
44 700
67 622
67 622
After tax
106 473
104 300
81 378
81 378
Living cost
56 076
56 076
56 076
56 076
Free-cash
50 397
48 224
25 302
25 302

Estimated living cost  is ₽56076 per week

₽42662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55915
₽59353
₽79153
₽71698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
income
-
-
-
28 021
health

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

-
-
-
6 092
total
-
-
-
34 113
Employee
45 159
-
144 472
-
social contributions
4 525
-
4 528
-
income
4 900
-
32 512
-
total
9 425
-
37 040
-
Employer
45 159
-
144 472
-
social contributions
4 525
-
4 528
-
total
4 525
-
4 528
-
Corporate
99 317
149 000
-
-
income
34 762
52 150
-
-
total
34 762
52 150
-
-
Dividends
64 555
96 850
-
-
social contributions
5 201
5 201
-
-
total
5 201
5 201
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 913
57 351
41 568
34 113
After tax
95 087
91 649
107 432
114 887
Living cost
35 734
35 734
35 734
35 734
Free-cash
59 353
55 915
71 698
79 153

Estimated living cost  is ₽35734 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63489
₽69255
₽63927
₽50299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 878
pensions
-
-
-
8 402
total
-
-
-
48 280
Employee
50 504
-
130 394
-
pensions
3 855
-
10 522
-
income
9 197
-
30 792
-
health
659
-
1 990
-
total
13 711
-
43 304
-
Employer
50 504
-
130 394
-
health
960
-
2 478
-
pensions
5 103
-
16 126
-
total
6 063
-
18 604
-
Corporate
92 434
149 000
-
-
income

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

17 563
28 309
-
-
total
17 563
28 309
-
-
Dividends
74 871
120 691
-
-
withholding
5 615
20 409
-
-
total
5 615
20 409
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 952
48 718
61 908
48 280
After tax
106 048
100 282
87 092
100 720
Living cost
36 793
36 793
36 793
36 793
Free-cash
69 255
63 489
50 299
63 927

Estimated living cost  is ₽36793 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11193
₽8501
₽78677
₽56865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
247
income
-
-
-
40 259
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
47 061
Employee
36 592
-
132 772
-
pensions
4 120
-
7 450
-
income
5 020
-
29 993
-
health
4 190
-
15 202
-
total
13 330
-
52 645
-
Employer
36 592
-
132 772
-
pensions
5 950
-
10 758
-
accident
611
-
2 217
-
unemployment
896
-
3 253
-
total
7 457
-
16 228
-
Corporate
104 952
149 000
-
-
income

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

94 456
134 100
-
-
total
94 456
134 100
-
-
Dividends
10 495
14 900
-
-
withholding
1 994
2 831
-
-
total
1 994
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
117 237
136 931
68 873
47 061
After tax
31 763
12 069
80 127
101 939
Living cost
23 262
23 262
23 262
23 262
Free-cash
8 501
-11 193
56 865
78 677

Estimated living cost  is ₽23262 per week

₽17071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽112076
₽107469
₽70523
₽89836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 000
unemployment
-
-
-
1 788
health insurance
-
-
-
11 026
income
-
-
-
24 195
work injury
-
-
-
745
pensions
-
-
-
27 416
total
-
-
-
65 170
Employee

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

21 291
-
149 000
-
work injury
106
-
394
-
pensions
3 917
-
14 494
-
unemployment
255
-
945
-
income
2 129
-
24 195
-
health insurance
1 575
-
5 829
-
total
7 982
-
45 857
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 709
149 000
-
-
income

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

1 277
1 490
-
-
total
1 277
1 490
-
-
Dividends
126 432
147 510
-
-
withholding
18 965
22 127
-
-
total
18 965
22 127
-
-
Income
149 000
149 000
149 000
149 000
Total tax
28 224
23 617
45 857
65 170
After tax
120 776
125 383
103 143
83 830
Living cost
13 307
13 307
13 307
13 307
Free-cash
107 469
112 076
89 836
70 523

Estimated living cost  is ₽13307 per week

₽8244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39269
₽34791
₽31659
₽25026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
996
national
-
-
-
35 421
regional
-
-
-
3 386
social contributions
-
-
-
38 322
total
-
-
-
78 125
Employee
82 952
-
149 000
-
national
14 018
-
30 654
-
social contributions
27 971
-
50 242
-
municipal
495
-
889
-
regional
1 252
-
2 973
-
total
43 736
-
84 758
-
Employer
82 952
-
149 000
-
total
-
-
-
-
Corporate
66 048
149 000
-
-
municipal
3 183
7 181
-
-
nationa
15 851
35 759
-
-
total
19 034
42 940
-
-
Dividends
47 014
106 060
-
-
withholding
12 223
27 575
-
-
total
12 223
27 575
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 993
70 515
84 758
78 125
After tax
74 007
78 485
64 242
70 875
Living cost
39 216
39 216
39 216
39 216
Free-cash
34 791
39 269
25 026
31 659

Estimated living cost  is ₽39216 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
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.
₽8378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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