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
₽45488
₽66785
₽56336
₽50497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
43 426
trade
-
-
-
16 288
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.

-
-
-
2 389
total
-
-
-
68 802
Employee

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

37 505
-
149 000
-
surtax

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

58
-
2 389
-
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.

1 048
-
43 426
-
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.

6 699
-
6 699
-
total
7 805
-
52 514
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 495
149 000
-
-
trade
17 561
23 467
-
-
chamber of commerce
309
363
-
-
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
1 230
-
-
income
16 723
22 350
-
-
total
35 512
47 410
-
-
Dividends
75 983
101 590
-
-
withholding
18 623
25 024
-
-
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.

1 023
1 377
-
-
total
19 646
26 401
-
-
Income
149 000
149 000
149 000
149 000
Total tax
62 963
73 811
52 514
68 802
After tax
86 037
75 189
96 486
80 198
Living cost
29 701
29 701
29 701
29 701
Free-cash
56 336
45 488
66 785
50 497

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41259
₽37908
₽40398
₽36739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
1 602
national
-
-
-
24 957
pensions
-
-
-
17 880
municipal
-
-
-
16 105
total
-
-
-
60 544
Employee
80 170
-
128 809
-
national
15 345
-
25 851
-
municipal
9 902
-
16 682
-
pensions
3 207
-
5 152
-
total
28 454
-
47 685
-
Employer
80 170
-
128 809
-
pensions
6 414
-
10 305
-
social contributions
862
-
1 385
-
total
7 276
-
11 690
-
Corporate
56 263
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%.

11 253
29 800
-
-
total
11 253
29 800
-
-
Dividends
45 010
119 200
-
-
withholding
9 902
26 224
-
-
total
9 902
26 224
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 885
56 024
59 375
60 544
After tax
92 115
92 976
89 625
88 456
Living cost
51 717
51 717
51 717
51 717
Free-cash
40 398
41 259
37 908
36 739

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98801
₽70100
₽90756
₽28524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
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.

-
-
-
37 570
income
-
-
-
24 512
surtax
-
-
-
37 994
total
-
-
-
100 076
Employee
28 653
-
107 301
-
surtax
-
-
-
-
income
5 101
-
20 848
-
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.

3 152
-
11 803
-
total
8 253
-
32 651
-
Employer
28 653
-
107 301
-
surtax
-
-
-
-
social contributions

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

6 902
-
25 849
-
total
6 902
-
25 849
-
Corporate
113 445
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%.

22 689
29 799
-
-
total
22 689
29 799
-
-
Dividends

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

90 756
119 201
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
37 844
29 799
58 500
100 076
After tax
111 156
119 201
90 500
48 924
Living cost
20 400
20 400
20 400
20 400
Free-cash
90 756
98 801
70 100
28 524

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32337
₽49438
₽26329
₽42832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 092
income
-
-
-
41 509
pensions
-
-
-
11 489
total
-
-
-
65 090
Employee
83 737
83 737
130 777
-
income

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

13 706
13 706
16 680
-
pensions
15 073
11 489
11 489
-
health
12 853
10 932
12 092
-
total
41 632
36 127
40 261
-
Employer
83 737
83 737
130 777
-
unemployment
3 015
3 015
3 746
-
pensions
5 828
5 828
7 244
-
health
5 821
5 821
7 233
-
total
14 664
14 664
18 223
-
Corporate
51 626
50 599
-
-
income
10 326
10 119
-
-
total
10 326
10 119
-
-
Dividends
41 301
40 480
-
-
withholding
6 195
6 072
-
-
income
8 776
8 603
-
-
total
14 971
14 675
-
-
Income
149 000
149 000
149 000
149 000
Total tax
81 593
75 585
58 484
65 090
After tax
67 407
73 415
90 516
83 910
Living cost
41 078
41 078
41 078
41 078
Free-cash
26 329
32 337
49 438
42 832

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40424
₽36542
₽39505
₽37535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 597
national
-
-
-
7 865
pensions
-
-
-
9 697
unemployment
-
-
-
90
other
-
-
-
10 424
accident
-
-
-
179
municipal
-
-
-
36 683
total
-
-
-
70 535
Employee
58 321
-
120 815
-
national
-
-
7 316
-
municipal
17 391
-
36 027
-
total
17 391
-
43 343
-
Employer
58 321
-
120 815
-
unemployment
1 540
-
2 368
-
pensions
6 304
-
9 697
-
accident
117
-
179
-
other
6 777
-
10 424
-
health
3 587
-
5 517
-
total
18 325
-
28 185
-
Corporate
72 355
149 000
-
-
income
15 918
32 780
-
-
total
15 918
32 780
-
-
Dividends
56 437
116 220
-
-
withholding
16 931
34 866
-
-
total
16 931
34 866
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 565
67 646
71 528
70 535
After tax
80 435
81 354
77 472
78 465
Living cost
40 930
40 930
40 930
40 930
Free-cash
39 505
40 424
36 542
37 535

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35901
₽57965
₽49681
₽40953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
43 426
trade
-
-
-
17 012
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.

-
-
-
2 389
total
-
-
-
69 526
Employee

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

49 727
-
149 000
-
surtax

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

234
-
2 389
-
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.

4 272
-
43 426
-
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.

6 699
-
6 699
-
total
11 205
-
52 514
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 273
149 000
-
-
trade
16 331
24 511
-
-
chamber of commerce
290
361
-
-
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.

819
1 230
-
-
income
14 890
22 350
-
-
total
32 330
48 452
-
-
Dividends
66 943
100 548
-
-
withholding
16 362
24 764
-
-
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.

901
1 362
-
-
total
17 263
26 126
-
-
Income
149 000
149 000
149 000
149 000
Total tax
60 798
74 578
52 514
69 526
After tax
88 202
74 422
96 486
79 474
Living cost
38 521
38 521
38 521
38 521
Free-cash
49 681
35 901
57 965
40 953

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
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.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76970
₽69849
₽72903
₽71225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 800
social contributions
-
-
-
15 865
income
-
-
-
26 305
total
-
-
-
45 970
Employee
75 402
75 402
138 006
-
income
7 918
6 980
25 564
-
social contributions
3 664
6 258
8 441
-
health
750
1 282
2 347
-
total
12 332
14 520
36 352
-
Employer
75 402
75 402
138 006
-
social contributions
3 664
6 258
8 441
-
health
817
1 396
2 553
-
total
4 481
7 654
10 994
-
Corporate
100 382
65 945
-
-
income
12 548
8 243
-
-
total
12 548
8 243
-
-
Dividends
87 835
57 701
-
-
withholding
14 931
9 808
-
-
total
14 931
9 808
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 292
40 225
47 346
45 970
After tax
104 708
108 775
101 654
103 030
Living cost
31 805
31 805
31 805
31 805
Free-cash
72 903
76 970
69 849
71 225

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65896
₽68522
₽66268
₽85366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 430
income
-
-
-
18 215
pensions
-
-
-
14 900
unemployment
-
-
-
2 235
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.

25 773
10 257
124 686
-
unemployment
387
154
1 870
-
income
3 151
1 254
15 243
-
pensions
2 577
1 026
12 469
-
health
1 804
718
8 728
-
total
7 919
3 152
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.

25 773
10 257
124 686
-
pensions
5 026
2 000
24 314
-
total
5 026
2 000
24 314
-
Corporate
118 201
136 742
-
-
income
10 638
12 307
-
-
total
10 638
12 307
-
-
Dividends
107 563
124 436
-
-
withholding
20 437
23 643
-
-
social contributions
20 858
24 148
-
-
total
41 295
47 791
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 878
65 250
62 624
45 780
After tax
84 122
83 750
86 376
103 220
Living cost
17 854
17 854
17 854
17 854
Free-cash
66 268
65 896
68 522
85 366

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95516
₽62197
₽89423
₽56180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
19 369
income
-
-
-
19 967
pensions
-
-
-
29 799
total
-
-
-
69 135
Employee
27 817
-
111 359
-
unemployment
445
-
1 781
-
income
3 132
-
21 470
-
pensions
556
-
2 227
-
total
4 133
-
25 478
-
Employer
27 817
-
111 359
-
unemployment
223
-
891
-
pensions
5 564
-
22 272
-
health
3 616
-
14 477
-
total
9 403
-
37 640
-
Corporate
111 780
149 000
-
-
income
22 356
29 799
-
-
total
22 356
29 799
-
-
Dividends
89 424
119 201
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
35 892
29 799
63 118
69 135
After tax
113 108
119 201
85 882
79 865
Living cost
23 685
23 685
23 685
23 685
Free-cash
89 423
95 516
62 197
56 180

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9646
₽58345
₽8739
₽80231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
40 179
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
47 054
Employee
34 159
-
132 660
-
income
4 686
-
29 880
-
pensions
3 846
-
7 531
-
health
3 911
-
15 189
-
total
12 443
-
52 600
-
Employer
34 159
-
132 660
-
unemployment
837
-
3 250
-
pensions
5 555
-
10 875
-
accident
570
-
2 215
-
total
6 962
-
16 340
-
Corporate
107 879
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.

97 091
134 100
-
-
total
97 091
134 100
-
-
Dividends
10 788
14 900
-
-
withholding
2 050
2 831
-
-
total
2 050
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 546
136 931
68 940
47 054
After tax
30 454
12 069
80 060
101 946
Living cost
21 715
21 715
21 715
21 715
Free-cash
8 739
-9 646
58 345
80 231

Estimated living cost  is ₽21715 per week

₽15915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133471
₽111121
₽131957
₽139431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 098
-
149 000
-
income
2 019
-
29 800
-
total
2 019
-
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%.

138 902
149 000
-
-
total
-
-
-
-
Dividends
138 902
149 000
-
-
withholding
6 945
7 450
-
-
total
6 945
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
8 964
7 450
29 800
1 490
After tax
140 036
141 550
119 200
147 510
Living cost
8 079
8 079
8 079
8 079
Free-cash
131 957
133 471
111 121
139 431

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83342
₽58886
₽76721
₽52727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 556
income
-
-
-
20 752
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.

-
-
-
35 760
other
-
-
-
7 077
total
-
-
-
70 145
Employee
35 604
-
119 007
-
unemployment
355
-
1 191
-
income
6 130
-
22 806
-
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.

2 492
-
8 331
-
health
499
-
1 665
-
total
9 476
-
33 993
-
Employer
35 604
-
119 007
-
unemployment
355
-
1 191
-
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.

6 053
-
20 233
-
accident
285
-
953
-
other
1 781
-
5 951
-
health
499
-
1 665
-
total
8 973
-
29 993
-
Corporate
104 423
149 000
-
-
income
21 928
31 290
-
-
total
21 928
31 290
-
-
Dividends
82 495
117 710
-
-
withholding
5 774
8 240
-
-
total
5 774
8 240
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 151
39 530
63 986
70 145
After tax
102 849
109 470
85 014
78 855
Living cost
26 128
26 128
26 128
26 128
Free-cash
76 721
83 342
58 886
52 727

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34602
₽21494
₽32738
₽35107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 100
pensions
-
-
-
8 338
total
-
-
-
48 438
Employee
92 610
-
130 377
-
income
16 694
-
31 021
-
pensions
8 934
-
10 426
-
health
1 526
-
1 981
-
total
27 154
-
43 428
-
Employer
92 610
-
130 377
-
pensions
10 935
-
16 146
-
health
1 759
-
2 477
-
total
12 694
-
18 623
-
Corporate
43 697
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.

8 303
28 310
-
-
total
8 303
28 310
-
-
Dividends
35 394
120 690
-
-
withholding
2 656
20 633
-
-
total
2 656
20 633
-
-
Income
149 000
149 000
149 000
149 000
Total tax
50 807
48 943
62 051
48 438
After tax
98 193
100 057
86 949
100 562
Living cost
65 455
65 455
65 455
65 455
Free-cash
32 738
34 602
21 494
35 107

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114651
₽110445
₽110135
₽104841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
22 350
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
31 415
Employee
16 874
-
142 339
-
income
1 687
-
14 234
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
pensions

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

1 482
-
2 981
-
health
776
-
1 562
-
total
4 131
-
19 150
-
Employer
16 874
-
142 339
-
unemployment
101
-
204
-
pensions

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

1 860
-
3 741
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
health
1 165
-
2 343
-
total
3 312
-
6 661
-
Corporate
128 814
149 000
-
-
income
12 882
14 900
-
-
total
12 882
14 900
-
-
Dividends
115 933
134 100
-
-
withholding
5 796
6 705
-
-
total
5 796
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
26 121
21 605
25 811
31 415
After tax
122 879
127 395
123 189
117 585
Living cost
12 744
12 744
12 744
12 744
Free-cash
110 135
114 651
110 445
104 841

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19040
₽36141
₽21506
₽29535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 092
income
-
-
-
41 509
pensions
-
-
-
11 489
total
-
-
-
65 090
Employee
90 912
83 737
130 777
-
income

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

13 706
13 706
16 680
-
pensions
11 489
11 489
11 489
-
health
11 342
10 932
12 092
-
total
36 537
36 127
40 261
-
Employer
90 912
83 737
130 777
-
unemployment
3 273
3 015
3 746
-
pensions
6 327
5 828
7 244
-
health
6 318
5 821
7 233
-
total
15 918
14 664
18 223
-
Corporate
42 171
50 599
-
-
income
8 433
10 119
-
-
total
8 433
10 119
-
-
Dividends
33 737
40 480
-
-
withholding
5 061
6 072
-
-
income
7 170
8 603
-
-
total
12 231
14 675
-
-
Income
149 000
149 000
149 000
149 000
Total tax
73 119
75 585
58 484
65 090
After tax
75 881
73 415
90 516
83 910
Living cost
54 375
54 375
54 375
54 375
Free-cash
21 506
19 040
36 141
29 535

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78408
₽51433
₽69782
₽55800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
20 115
social contributions
-
-
-
34 792
income
-
-
-
14 114
solidarity contribution
-
-
-
-
total
-
-
-
69 021
Employee
35 557
-
111 194
-
income
4 267
-
13 343
-
solidarity contribution
-
-
-
-
social contributions
2 311
-
7 228
-
health
4 800
-
15 011
-
total
11 378
-
35 582
-
Employer
35 557
-
111 194
-
social contributions
8 889
-
27 799
-
health
3 200
-
10 007
-
total
12 089
-
37 806
-
Corporate
101 354
149 000
-
-
income
19 257
28 310
-
-
total
19 257
28 310
-
-
Dividends
82 097
120 690
-
-
withholding
12 315
18 103
-
-
total
12 315
18 103
-
-
Income
149 000
149 000
149 000
149 000
Total tax
55 039
46 413
73 388
69 021
After tax
93 961
102 587
75 612
79 979
Living cost
24 179
24 179
24 179
24 179
Free-cash
69 782
78 408
51 433
55 800

Estimated living cost  is ₽24179 per week

₽16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38121
₽24382
₽33002
₽31222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
38 322
national
-
-
-
35 460
regional
-
-
-
1 733
municipal
-
-
-
886
total
-
-
-
76 401
Employee
87 148
-
149 000
-
regional
822
-
1 528
-
national
15 101
-
30 680
-
municipal
461
-
791
-
social contributions
29 386
-
50 242
-
total
45 770
-
83 241
-
Employer
87 148
-
149 000
-
total
-
-
-
-
Corporate
61 852
149 000
-
-
nationa
14 844
35 760
-
-
municipal
2 412
5 811
-
-
total
17 256
41 571
-
-
Dividends
44 597
107 429
-
-
withholding
11 595
27 931
-
-
total
11 595
27 931
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 621
69 502
83 241
76 401
After tax
74 379
79 498
65 759
72 599
Living cost
41 377
41 377
41 377
41 377
Free-cash
33 002
38 121
24 382
31 222

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72082
₽44258
₽69031
₽49071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 291
income
-
-
-
37 220
pensions
-
-
-
26 174
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
5 383
total
-
-
-
78 291
Employee
32 427
-
123 090
-
surtax
106
-
4 622
-
unemployment
2 257
-
8 567
-
income
5 435
-
32 658
-
pensions
2 162
-
8 210
-
health
828
-
3 139
-
other
-
-
-
-
total
10 788
-
57 196
-
Employer
32 427
-
123 090
-
unemployment
1 027
-
3 902
-
pensions
4 323
-
16 407
-
other
-
-
-
-
health
1 476
-
5 599
-
total
6 826
-
25 908
-
Corporate
109 747
149 000
-
-
income
28 534
38 741
-
-
total
28 534
38 741
-
-
Dividends
81 213
110 259
-
-
withholding
12 183
16 539
-
-
total
12 183
16 539
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 331
55 280
83 104
78 291
After tax
90 669
93 720
65 896
70 709
Living cost
21 638
21 638
21 638
21 638
Free-cash
69 031
72 082
44 258
49 071

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55340
₽42232
₽59219
₽55845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 100
pensions
-
-
-
8 338
total
-
-
-
48 438
Employee
62 064
-
130 377
-
income
11 178
-
31 021
-
pensions
5 268
-
10 426
-
health
901
-
1 981
-
total
17 347
-
43 428
-
Employer
62 064
-
130 377
-
pensions
6 719
-
16 146
-
health
1 179
-
2 477
-
total
7 898
-
18 623
-
Corporate
79 038
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.

15 017
28 310
-
-
total
15 017
28 310
-
-
Dividends
64 021
120 690
-
-
withholding
4 802
20 633
-
-
total
4 802
20 633
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 064
48 943
62 051
48 438
After tax
103 936
100 057
86 949
100 562
Living cost
44 717
44 717
44 717
44 717
Free-cash
59 219
55 340
42 232
55 845

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11465
₽35283
₽22592
₽42527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
335
national
-
-
-
1 759
pensions
-
-
-
13 708
regional
-
-
-
6 522
city
-
-
-
1 570
other

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

-
-
-
2 981
total
-
-
-
26 875
Employee
93 150
-
133 361
-
regional
3 050
-
5 595
-
national
441
-
1 415
-
unemployment
-
-
-
-
pensions
7 826
-
11 203
-
health
211
-
301
-
city
1 000
-
1 433
-
total
12 528
-
19 947
-
Employer
93 150
-
133 361
-
unemployment
-
-
-
-
pensions
7 826
-
11 203
-
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.

1 862
-
2 668
-
health
211
-
301
-
total
9 899
-
14 172
-
Corporate
44 927
149 000
-
-
national
3 819
12 665
-
-
regional
9 502
31 514
-
-
total
13 321
44 179
-
-
Dividends
31 606
104 821
-
-
withholding
11 062
36 688
-
-
total
11 062
36 688
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 810
80 867
34 119
26 875
After tax
102 190
68 133
114 881
122 125
Living cost
79 598
79 598
79 598
79 598
Free-cash
22 592
-11 465
35 283
42 527

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28737
₽51565
₽44639
₽33829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
43 426
trade
-
-
-
17 736
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.

-
-
-
2 389
total
-
-
-
70 250
Employee

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

58 931
-
149 000
-
surtax

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

381
-
2 389
-
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.

6 930
-
43 426
-
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.

6 699
-
6 699
-
total
14 010
-
52 514
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 069
149 000
-
-
trade
15 447
25 553
-
-
chamber of commerce
275
359
-
-
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
1 230
-
-
income
13 510
22 350
-
-
total
29 974
49 492
-
-
Dividends
60 095
99 507
-
-
withholding
14 650
24 503
-
-
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.

806
1 347
-
-
total
15 456
25 850
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 440
75 342
52 514
70 250
After tax
89 560
73 658
96 486
78 750
Living cost
44 921
44 921
44 921
44 921
Free-cash
44 639
28 737
51 565
33 829

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41548
₽50987
₽47336
₽50802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 560
social contributions
-
-
-
4 245
income
-
-
-
21 395
pensions
-
-
-
28 830
other
-
-
-
4 619
surtax
-
-
-
-
total
-
-
-
64 649
Employee
41 967
-
116 782
-
surtax
-
-
-
-
income
2 477
-
21 406
-
social contributions
1 197
-
3 327
-
pensions
4 745
-
7 512
-
total
8 419
-
32 245
-
Employer
41 967
-
116 782
-
unemployment
1 699
-
4 730
-
pensions
6 894
-
12 755
-
social contributions
127
-
350
-
other
1 448
-
4 297
-
health
2 938
-
10 087
-
total
13 106
-
32 219
-
Corporate
93 927
149 000
-
-
surtax
-
-
-
-
income
26 299
41 720
-
-
total
26 299
41 720
-
-
Dividends
67 628
107 280
-
-
withholding
8 657
13 731
-
-
surtax
-
-
-
-
social contributions
11 634
18 452
-
-
total
20 291
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 115
73 903
64 464
64 649
After tax
80 885
75 097
84 536
84 351
Living cost
33 549
33 549
33 549
33 549
Free-cash
47 336
41 548
50 987
50 802

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44872
₽54311
₽50318
₽54126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 560
social contributions
-
-
-
4 245
income
-
-
-
21 395
pensions
-
-
-
28 830
other
-
-
-
4 619
surtax
-
-
-
-
total
-
-
-
64 649
Employee
37 462
-
116 782
-
surtax
-
-
-
-
income
1 932
-
21 406
-
social contributions
1 068
-
3 327
-
pensions
4 237
-
7 512
-
total
7 237
-
32 245
-
Employer
37 462
-
116 782
-
unemployment
1 517
-
4 730
-
pensions
6 156
-
12 755
-
social contributions
112
-
350
-
other
1 293
-
4 297
-
health
2 622
-
10 087
-
total
11 700
-
32 219
-
Corporate
99 839
149 000
-
-
surtax
-
-
-
-
income
27 955
41 720
-
-
total
27 955
41 720
-
-
Dividends
71 884
107 280
-
-
withholding
9 202
13 731
-
-
surtax
-
-
-
-
social contributions
12 363
18 452
-
-
total
21 565
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 457
73 903
64 464
64 649
After tax
80 543
75 097
84 536
84 351
Living cost
30 225
30 225
30 225
30 225
Free-cash
50 318
44 872
54 311
54 126

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70110
₽72520
₽70621
₽74895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 400
social contributions
-
-
-
20 562
income
-
-
-
22 350
total
-
-
-
53 312
Employee
33 247
-
149 000
-
income
5 545
-
24 725
-
social contributions
4 589
-
20 562
-
health
2 320
-
10 400
-
total
12 454
-
55 687
-
Employer
33 247
-
149 000
-
total
-
-
-
-
Corporate
115 753
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%.

5 787
7 451
-
-
total
5 787
7 451
-
-
Dividends
109 965
141 549
-
-
withholding
16 494
21 232
-
-
social contributions
15 175
19 533
-
-
health
7 676
9 881
-
-
total
39 345
50 646
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 586
58 097
55 687
53 312
After tax
91 414
90 903
93 313
95 688
Living cost
20 793
20 793
20 793
20 793
Free-cash
70 621
70 110
72 520
74 895

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
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.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48116
₽4266
₽46598
₽41857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 763
chamber of commerce
-
-
-
595
income
-
-
-
35 832
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
72 591
Employee
49 005
39 077
115 751
-
unemployment
1 470
1 172
3 437
-
income
5 579
2 882
28 179
-
pensions
5 019
4 001
11 731
-
health
1 896
1 513
4 432
-
other
489
391
1 146
-
total
14 453
9 959
48 925
-
Employer
49 005
39 077
115 751
-
chamber of commerce
195
156
463
-
surtax
194
194
194
-
payroll
1 470
1 172
3 472
-
unemployment
1 470
1 172
3 437
-
pensions
6 150
4 905
14 377
-
accident
636
508
1 489
-
other
2 328
1 855
5 488
-
health
1 852
1 477
4 330
-
total
14 295
11 439
33 250
-
Corporate
85 700
98 482
112 029
-
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.

21 426
24 621
28 007
-
total
21 426
24 621
28 007
-
Dividends
64 275
73 861
-
-
withholding
17 676
20 313
-
-
total
17 676
20 313
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 850
66 332
110 182
72 591
After tax
81 150
82 668
38 818
76 409
Living cost
34 552
34 552
34 552
34 552
Free-cash
46 598
48 116
4 266
41 857

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47629
₽18032
₽32921
₽29216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
7 546
social contributions
-
-
-
23 252
national
-
-
-
53 233
total
-
-
-
84 031
Employee

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

70 141
-
115 405
-
national
21 564
-
40 520
-
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.

610
-
1 005
-
communal

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

3 658
-
6 020
-
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.

5 261
-
8 655
-
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.

3 296
-
5 424
-
total
34 389
-
61 624
-
Employer

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

70 141
-
115 405
-
surtax
7 953
-
13 085
-
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.

1 023
-
1 684
-
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.

6 215
-
10 225
-
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.

912
-
1 500
-
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.

4 313
-
7 097
-
total
20 416
-
33 591
-
Corporate
58 442
149 000
-
-
surtax
234
595
-
-
income
11 688
29 799
-
-
total
11 922
30 394
-
-
Dividends
46 519
118 605
-
-
withholding

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

13 599
35 224
-
-
total
13 599
35 224
-
-
Income
149 000
149 000
149 000
149 000
Total tax
80 326
65 618
95 215
84 031
After tax
68 674
83 382
53 785
64 969
Living cost
35 753
35 753
35 753
35 753
Free-cash
32 921
47 629
18 032
29 216

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
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.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64192
₽44358
₽57052
₽48473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 848
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
65 114
Employee
48 811
-
120 025
-
unemployment
757
-
1 409
-
income
10 299
-
34 482
-
pensions
2 294
-
4 272
-
other
48
-
91
-
total
13 398
-
40 254
-
Employer
48 811
-
120 025
-
unemployment
2 685
-
4 998
-
pensions
11 519
-
21 450
-
accident
966
-
1 799
-
other
389
-
728
-
total
15 559
-
28 975
-
Corporate
84 631
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.

12 695
22 350
-
-
total
12 695
22 350
-
-
Dividends
71 936
126 650
-
-
withholding
14 883
27 045
-
-
total
14 883
27 045
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 535
49 395
69 229
65 114
After tax
92 465
99 605
79 771
83 886
Living cost
35 413
35 413
35 413
35 413
Free-cash
57 052
64 192
44 358
48 473

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35209
₽28975
₽23879
₽23033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 469
communal
-
-
-
9 418
income
-
-
-
21 814
pensions
-
-
-
22 334
surtax
-
-
-
7 387
accident
-
-
-
1 256
total
-
-
-
72 678
Employee
74 258
-
133 094
-
surtax
4 552
-
8 156
-
income
7 173
-
26 103
-
pensions
5 940
-
10 648
-
health
3 305
-
5 923
-
total
20 970
-
50 830
-
Employer
74 258
-
133 094
-
pensions
5 940
-
10 648
-
accident
668
-
1 198
-
health
2 265
-
4 060
-
total
8 873
-
15 906
-
Corporate
65 869
149 000
-
-
surtax
692
1 565
-
-
income
9 881
22 350
-
-
communal
4 446
10 058
-
-
total
15 019
33 973
-
-
Dividends
50 850
115 027
-
-
withholding
7 628
17 254
-
-
income
19 342
9 275
-
-
total
26 970
26 529
-
-
Income
149 000
149 000
149 000
149 000
Total tax
71 832
60 502
66 736
72 678
After tax
77 168
88 498
82 264
76 322
Living cost
53 289
53 289
53 289
53 289
Free-cash
23 879
35 209
28 975
23 033

Estimated living cost  is ₽53289 per week

₽39974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71695
₽43871
₽68576
₽48684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 291
income
-
-
-
37 220
pensions
-
-
-
26 174
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
5 383
total
-
-
-
78 291
Employee
33 022
-
123 090
-
surtax
117
-
4 622
-
unemployment
2 298
-
8 567
-
income
5 536
-
32 658
-
pensions
2 203
-
8 210
-
health
843
-
3 139
-
other
-
-
-
-
total
10 997
-
57 196
-
Employer
33 022
-
123 090
-
unemployment
1 048
-
3 902
-
pensions
4 403
-
16 407
-
other
-
-
-
-
health
1 502
-
5 599
-
total
6 953
-
25 908
-
Corporate
109 026
149 000
-
-
income
28 346
38 741
-
-
total
28 346
38 741
-
-
Dividends
80 679
110 259
-
-
withholding
12 103
16 539
-
-
total
12 103
16 539
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 399
55 280
83 104
78 291
After tax
90 601
93 720
65 896
70 709
Living cost
22 025
22 025
22 025
22 025
Free-cash
68 576
71 695
43 871
48 684

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
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.
₽6303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51903
₽38867
₽49726
₽45670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
38 322
national
-
-
-
35 460
regional
-
-
-
2 247
municipal
-
-
-
886
total
-
-
-
76 915
Employee
54 394
-
149 000
-
regional
732
-
2 005
-
national
8 618
-
30 680
-
municipal
288
-
791
-
social contributions
18 342
-
50 242
-
total
27 980
-
83 718
-
Employer
54 394
-
149 000
-
total
-
-
-
-
Corporate
94 606
149 000
-
-
nationa
22 706
35 760
-
-
municipal
4 702
7 406
-
-
total
27 408
43 166
-
-
Dividends
67 198
105 834
-
-
withholding
17 471
27 516
-
-
total
17 471
27 516
-
-
Income
149 000
149 000
149 000
149 000
Total tax
72 859
70 682
83 718
76 915
After tax
76 141
78 318
65 282
72 085
Living cost
26 415
26 415
26 415
26 415
Free-cash
49 726
51 903
38 867
45 670

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72792
₽45817
₽62162
₽50184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
20 115
social contributions
-
-
-
34 792
income
-
-
-
14 114
solidarity contribution
-
-
-
-
total
-
-
-
69 021
Employee
43 815
-
111 194
-
income
5 258
-
13 343
-
solidarity contribution
-
-
-
-
social contributions
2 848
-
7 228
-
health
5 915
-
15 011
-
total
14 021
-
35 582
-
Employer
43 815
-
111 194
-
social contributions
10 954
-
27 799
-
health
3 943
-
10 007
-
total
14 897
-
37 806
-
Corporate
90 287
149 000
-
-
income
17 155
28 310
-
-
total
17 155
28 310
-
-
Dividends
73 133
120 690
-
-
withholding
10 970
18 103
-
-
total
10 970
18 103
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 043
46 413
73 388
69 021
After tax
91 957
102 587
75 612
79 979
Living cost
29 795
29 795
29 795
29 795
Free-cash
62 162
72 792
45 817
50 184

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51491
₽7594
₽51003
₽45319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 763
chamber of commerce
-
-
-
595
income
-
-
-
35 832
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
72 397
Employee
42 864
39 077
115 931
-
unemployment
1 286
1 172
3 437
-
income
3 818
2 882
28 255
-
pensions
4 390
4 001
11 731
-
health
1 658
1 513
4 432
-
other
428
391
1 146
-
total
11 580
9 959
49 001
-
Employer
42 864
39 077
115 931
-
chamber of commerce
171
156
463
-
surtax
-
-
-
-
payroll
1 286
1 172
3 478
-
unemployment
1 286
1 172
3 437
-
pensions
5 380
4 905
14 377
-
accident
556
508
1 489
-
other
2 036
1 855
5 495
-
health
1 621
1 477
4 330
-
total
12 336
11 245
33 069
-
Corporate
93 801
98 676
112 210
-
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.

23 450
24 669
28 052
-
total
23 450
24 669
28 052
-
Dividends
70 350
74 007
-
-
withholding
19 347
20 352
-
-
total
19 347
20 352
-
-
Income
149 000
149 000
149 000
149 000
Total tax
66 713
66 225
110 122
72 397
After tax
82 287
82 775
38 878
76 603
Living cost
31 284
31 284
31 284
31 284
Free-cash
51 003
51 491
7 594
45 319

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128961
₽106611
₽126601
₽134921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 736
-
149 000
-
income
3 147
-
29 800
-
total
3 147
-
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%.

133 264
149 000
-
-
total
-
-
-
-
Dividends
133 264
149 000
-
-
withholding
6 663
7 450
-
-
total
6 663
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
9 810
7 450
29 800
1 490
After tax
139 190
141 550
119 200
147 510
Living cost
12 589
12 589
12 589
12 589
Free-cash
126 601
128 961
106 611
134 921

Estimated living cost  is ₽12589 per week

₽8519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
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.
₽3119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76284
₽43730
₽68083
₽47677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 661
income
-
-
-
32 927
pensions
-
-
-
27 211
unemployment
-
-
-
223
total
-
-
-
75 022
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.

43 361
-
128 925
-
unemployment
61
-
181
-
income
7 478
-
30 403
-
pensions
6 721
-
19 983
-
health
2 801
-
8 327
-
total
17 061
-
58 894
-
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.

43 361
-
128 925
-
unemployment
26
-
78
-
pensions
3 837
-
11 411
-
health
2 888
-
8 586
-
total
6 751
-
20 075
-
Corporate
98 887
149 000
-
-
income
18 789
28 311
-
-
total
18 789
28 311
-
-
Dividends
80 099
120 689
-
-
withholding
12 015
18 104
-
-
total
12 015
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 616
46 415
78 969
75 022
After tax
94 384
102 585
70 031
73 978
Living cost
26 301
26 301
26 301
26 301
Free-cash
68 083
76 284
43 730
47 677

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45539
₽90133
-₽6891
₽57858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
16 986
income
-
-
-
29 043
total
-
-
-
46 029
Employee
64 685
-
-
-
income
14 268
-
-
-
social contributions
5 304
-
756
-
total
19 572
-
756
-
Employer
64 685
-
-
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
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
110 778
58 348
13 754
46 029
After tax
38 222
90 652
135 246
102 971
Living cost
45 113
45 113
45 113
45 113
Free-cash
-6 891
45 539
90 133
57 858

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
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.
₽11024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53993
₽39264
₽53005
₽49871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
51 778
income
-
-
-
16 593
surtax
-
-
-
-
total
-
-
-
68 371
Employee
45 099
-
120 405
-
surtax
-
-
-
-
income
9 381
-
37 138
-
social contributions
4 961
-
13 245
-
total
14 342
-
50 383
-
Employer
45 099
-
120 405
-
social contributions
10 711
-
28 595
-
total
10 711
-
28 595
-
Corporate
93 190
149 000
-
-
surtax
-
-
-
-
income
19 570
31 290
-
-
total
19 570
31 290
-
-
Dividends
73 620
117 710
-
-
withholding
20 614
32 959
-
-
total
20 614
32 959
-
-
Income
149 000
149 000
149 000
149 000
Total tax
65 237
64 249
78 978
68 371
After tax
83 763
84 751
70 022
80 629
Living cost
30 758
30 758
30 758
30 758
Free-cash
53 005
53 993
39 264
49 871

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
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.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27736
₽37175
₽34475
₽36990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 560
social contributions
-
-
-
4 245
income
-
-
-
21 395
pensions
-
-
-
28 830
other
-
-
-
4 619
surtax
-
-
-
-
total
-
-
-
64 649
Employee
61 415
-
116 782
-
surtax
-
-
-
-
income
5 359
-
21 406
-
social contributions
1 749
-
3 327
-
pensions
6 946
-
7 512
-
total
14 054
-
32 245
-
Employer
61 415
-
116 782
-
unemployment
2 488
-
4 730
-
pensions
10 091
-
12 755
-
social contributions
184
-
350
-
other
2 119
-
4 297
-
health
4 299
-
10 087
-
total
19 181
-
32 219
-
Corporate
68 403
149 000
-
-
surtax
-
-
-
-
income
19 154
41 720
-
-
total
19 154
41 720
-
-
Dividends
49 250
107 280
-
-
withholding
6 304
13 731
-
-
surtax
-
-
-
-
social contributions
8 471
18 452
-
-
total
14 775
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 164
73 903
64 464
64 649
After tax
81 836
75 097
84 536
84 351
Living cost
47 361
47 361
47 361
47 361
Free-cash
34 475
27 736
37 175
36 990

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104624
₽85036
₽101330
₽81076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 668
social contributions
-
-
-
32 780
total
-
-
-
38 448
Employee
31 525
-
129 004
-
social contributions
2 049
-
8 385
-
income
-
-
6 107
-
total
2 049
-
14 492
-
Employer
31 525
-
129 004
-
social contributions
4 887
-
19 996
-
total
4 887
-
19 996
-
Corporate
112 589
149 000
-
-
income
11 258
14 900
-
-
total
11 258
14 900
-
-
Dividends
101 331
134 100
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
18 194
14 900
34 488
38 448
After tax
130 806
134 100
114 512
110 552
Living cost
29 476
29 476
29 476
29 476
Free-cash
101 330
104 624
85 036
81 076

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽64343
-₽64343
-₽64343
₽42076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
11 852
national
-
-
-
16 725
pensions
-
-
-
849
municipal
-
-
-
30 340
total
-
-
-
59 766
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
166 185
166 185
166 185
59 766
After tax
-17 185
-17 185
-17 185
89 234
Living cost
47 158
47 158
47 158
47 158
Free-cash
-64 343
-64 343
-64 343
42 076

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9326
₽58665
₽8787
₽80551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
40 179
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
47 054
Employee
33 656
-
132 660
-
income
4 617
-
29 880
-
pensions
3 790
-
7 531
-
health
3 854
-
15 189
-
total
12 261
-
52 600
-
Employer
33 656
-
132 660
-
unemployment
825
-
3 250
-
pensions
5 472
-
10 875
-
accident
562
-
2 215
-
total
6 859
-
16 340
-
Corporate
108 485
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.

97 637
134 100
-
-
total
97 637
134 100
-
-
Dividends
10 849
14 900
-
-
withholding
2 061
2 831
-
-
total
2 061
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 818
136 931
68 940
47 054
After tax
30 182
12 069
80 060
101 946
Living cost
21 395
21 395
21 395
21 395
Free-cash
8 787
-9 326
58 665
80 551

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57195
₽42025
₽59087
₽61903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 885
national
-
-
-
21 084
municipal
-
-
-
26 481
total
-
-
-
49 450
Employee
51 590
-
125 347
-
national
852
-
13 386
-
unemployment
774
-
1 879
-
municipal
8 450
-
20 428
-
pensions
3 482
-
8 461
-
health
385
-
1 520
-
total
13 943
-
45 674
-
Employer
51 590
-
125 347
-
unemployment
335
-
815
-
pensions
8 951
-
21 748
-
accident
52
-
125
-
health
396
-
966
-
total
9 734
-
23 654
-
Corporate
87 676
149 000
-
-
income
17 535
29 799
-
-
total
17 535
29 799
-
-
Dividends

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

52 606
89 400
-
-
municipal
9 470
16 092
-
-
national
1 584
8 267
-
-
total
11 054
24 359
-
-
Income
149 000
149 000
149 000
149 000
Total tax
52 266
54 158
69 328
49 450
After tax
96 734
94 842
79 672
99 550
Living cost
37 647
37 647
37 647
37 647
Free-cash
59 087
57 195
42 025
61 903

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86072
₽78951
₽80734
₽80327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 800
social contributions
-
-
-
15 865
income
-
-
-
26 305
total
-
-
-
45 970
Employee
75 402
75 402
138 006
-
income
8 210
6 980
25 564
-
social contributions
2 851
6 258
8 441
-
health
584
1 282
2 347
-
total
11 645
14 520
36 352
-
Employer
75 402
75 402
138 006
-
social contributions
2 851
6 258
8 441
-
health
635
1 396
2 553
-
total
3 486
7 654
10 994
-
Corporate
111 166
65 945
-
-
income
13 897
8 243
-
-
total
13 897
8 243
-
-
Dividends
97 270
57 701
-
-
withholding
16 535
9 808
-
-
total
16 535
9 808
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 563
40 225
47 346
45 970
After tax
103 437
108 775
101 654
103 030
Living cost
22 703
22 703
22 703
22 703
Free-cash
80 734
86 072
78 951
80 327

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107819
₽88985
₽102829
₽108653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 549
income
-
-
-
14 963
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
24 778
Employee

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

22 508
-
139 417
-
unemployment
112
-
465
-
income
1 539
-
12 533
-
pensions
3 376
-
13 956
-
health
1 913
-
7 909
-
total
6 940
-
34 863
-
Employer

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

22 508
-
139 417
-
unemployment
112
-
465
-
pensions
1 237
-
5 117
-
health
968
-
4 001
-
total
2 317
-
9 583
-
Corporate
124 176
149 000
-
-
income
11 176
13 409
-
-
total
11 176
13 409
-
-
Dividends
112 999
135 591
-
-
withholding
10 169
12 203
-
-
total
10 169
12 203
-
-
Income
149 000
149 000
149 000
149 000
Total tax
30 602
25 612
44 446
24 778
After tax
118 398
123 388
104 554
124 222
Living cost
15 569
15 569
15 569
15 569
Free-cash
102 829
107 819
88 985
108 653

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72640
₽52806
₽68169
₽56921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 848
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
65 114
Employee
36 258
-
120 025
-
unemployment
562
-
1 409
-
income
6 990
-
34 482
-
pensions
1 705
-
4 272
-
other
35
-
91
-
total
9 292
-
40 254
-
Employer
36 258
-
120 025
-
unemployment
1 995
-
4 998
-
pensions
8 556
-
21 450
-
accident
718
-
1 799
-
other
290
-
728
-
total
11 559
-
28 975
-
Corporate
101 183
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.

15 177
22 350
-
-
total
15 177
22 350
-
-
Dividends
86 006
126 650
-
-
withholding
17 838
27 045
-
-
total
17 838
27 045
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 866
49 395
69 229
65 114
After tax
95 134
99 605
79 771
83 886
Living cost
26 965
26 965
26 965
26 965
Free-cash
68 169
72 640
52 806
56 921

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
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.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91153
₽93828
₽90853
₽93956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
964
income
-
-
-
50 927
pensions
-
-
-
1 330
total
-
-
-
53 221
Employee
2 776
-
147 504
-
unemployment
28
-
66
-
income
537
-
50 857
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
51 853
-
Employer
2 776
-
147 504
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
145 599
149 000
-
-
income
32 032
32 780
-
-
total
32 032
32 780
-
-
Dividends
113 567
116 220
-
-
withholding
22 713
23 244
-
-
total
22 713
23 244
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 324
56 024
53 349
53 221
After tax
92 676
92 976
95 651
95 779
Living cost
1 823
1 823
1 823
1 823
Free-cash
90 853
91 153
93 828
93 956

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90731
₽71584
₽85918
₽71582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 448
income
-
-
-
33 163
pensions
-
-
-
18 801
unemployment
-
-
-
1 085
total
-
-
-
60 497
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.

25 516
-
136 057
-
unemployment
191
-
542
-
income
3 517
-
33 163
-
pensions
3 572
-
10 123
-
health
1 314
-
3 724
-
total
8 594
-
47 552
-
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.

25 516
-
136 057
-
unemployment
191
-
542
-
pensions
3 062
-
8 677
-
health
1 314
-
3 724
-
total
4 567
-
12 943
-
Corporate
118 917
149 000
-
-
income
17 838
22 350
-
-
total
17 838
22 350
-
-
Dividends
101 079
126 650
-
-
withholding
15 162
18 998
-
-
total
15 162
18 998
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 161
41 348
60 495
60 497
After tax
102 839
107 652
88 505
88 503
Living cost
16 921
16 921
16 921
16 921
Free-cash
85 918
90 731
71 584
71 582

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58315
₽43586
₽57963
₽54193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
51 778
income
-
-
-
16 593
surtax
-
-
-
-
total
-
-
-
68 371
Employee
38 058
-
120 405
-
surtax
-
-
-
-
income
7 436
-
37 138
-
social contributions
4 187
-
13 245
-
total
11 623
-
50 383
-
Employer
38 058
-
120 405
-
social contributions
9 038
-
28 595
-
total
9 038
-
28 595
-
Corporate
101 904
149 000
-
-
surtax
-
-
-
-
income
21 400
31 290
-
-
total
21 400
31 290
-
-
Dividends
80 504
117 710
-
-
withholding
22 540
32 959
-
-
total
22 540
32 959
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 601
64 249
78 978
68 371
After tax
84 399
84 751
70 022
80 629
Living cost
26 436
26 436
26 436
26 436
Free-cash
57 963
58 315
43 586
54 193

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
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.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65143
₽45309
₽58336
₽49424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 848
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
65 114
Employee
47 357
-
120 025
-
unemployment
733
-
1 409
-
income
9 891
-
34 482
-
pensions
2 226
-
4 272
-
other
47
-
91
-
total
12 897
-
40 254
-
Employer
47 357
-
120 025
-
unemployment
2 605
-
4 998
-
pensions
11 176
-
21 450
-
accident
938
-
1 799
-
other
380
-
728
-
total
15 099
-
28 975
-
Corporate
86 544
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.

12 981
22 350
-
-
total
12 981
22 350
-
-
Dividends
73 563
126 650
-
-
withholding
15 225
27 045
-
-
total
15 225
27 045
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 202
49 395
69 229
65 114
After tax
92 798
99 605
79 771
83 886
Living cost
34 462
34 462
34 462
34 462
Free-cash
58 336
65 143
45 309
49 424

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110675
₽106469
₽104751
₽100865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
22 350
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
31 415
Employee
22 140
-
142 339
-
income
2 214
-
14 234
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
pensions

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

1 944
-
2 981
-
health
1 019
-
1 562
-
total
5 420
-
19 150
-
Employer
22 140
-
142 339
-
unemployment
133
-
204
-
pensions

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

2 440
-
3 741
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
health
1 528
-
2 343
-
total
4 344
-
6 661
-
Corporate
122 516
149 000
-
-
income
12 252
14 900
-
-
total
12 252
14 900
-
-
Dividends
110 265
134 100
-
-
withholding
5 513
6 705
-
-
total
5 513
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
27 529
21 605
25 811
31 415
After tax
121 471
127 395
123 189
117 585
Living cost
16 720
16 720
16 720
16 720
Free-cash
104 751
110 675
106 469
100 865

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38865
₽58629
₽51691
₽43789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
43 426
trade
-
-
-
14 840
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.

-
-
-
2 389
total
-
-
-
67 354
Employee

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

48 790
-
149 000
-
surtax

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

221
-
2 389
-
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.

4 012
-
43 426
-
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.

6 699
-
6 699
-
total
10 932
-
52 514
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 210
149 000
-
-
trade
14 381
21 381
-
-
chamber of commerce
296
367
-
-
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
1 230
-
-
income
15 032
22 350
-
-
total
30 535
45 328
-
-
Dividends
69 676
103 672
-
-
withholding
17 047
25 545
-
-
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.

938
1 405
-
-
total
17 985
26 950
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 452
72 278
52 514
67 354
After tax
89 548
76 722
96 486
81 646
Living cost
37 857
37 857
37 857
37 857
Free-cash
51 691
38 865
58 629
43 789

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48441
₽25439
₽50608
₽25439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 393
social contributions
-
-
-
24 310
total
-
-
-
67 703
Employee
76 703
-
149 000
-
social contributions
6 372
-
24 310
-
income
14 474
-
43 393
-
total
20 846
-
67 703
-
Employer
76 703
-
149 000
-
total
-
-
-
-
Corporate
72 297
149 000
-
-
income
9 036
18 625
-
-
total
9 036
18 625
-
-
Dividends
63 261
130 375
-
-
withholding
12 652
26 076
-
-
total
12 652
26 076
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 534
44 701
67 703
67 703
After tax
106 466
104 299
81 297
81 297
Living cost
55 858
55 858
55 858
55 858
Free-cash
50 608
48 441
25 439
25 439

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56074
₽71794
₽59500
₽79429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 064
income
-
-
-
27 912
total
-
-
-
33 976
Employee
44 983
-
144 489
-
social contributions
4 507
-
4 511
-
income
4 881
-
32 589
-
total
9 388
-
37 100
-
Employer
44 983
-
144 489
-
social contributions
4 507
-
4 511
-
total
4 507
-
4 511
-
Corporate
99 510
149 000
-
-
income
34 829
52 150
-
-
total
34 829
52 150
-
-
Dividends
64 681
96 850
-
-
social contributions
5 181
5 181
-
-
total
5 181
5 181
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 905
57 331
41 611
33 976
After tax
95 095
91 669
107 389
115 024
Living cost
35 595
35 595
35 595
35 595
Free-cash
59 500
56 074
71 794
79 429

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63703
₽50595
₽69497
₽64208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 100
pensions
-
-
-
8 338
total
-
-
-
48 438
Employee
49 901
-
130 377
-
income
9 087
-
31 021
-
pensions
3 809
-
10 426
-
health
651
-
1 981
-
total
13 547
-
43 428
-
Employer
49 901
-
130 377
-
pensions
5 042
-
16 146
-
health
948
-
2 477
-
total
5 990
-
18 623
-
Corporate
93 109
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.

17 692
28 310
-
-
total
17 692
28 310
-
-
Dividends
75 417
120 690
-
-
withholding
5 920
20 633
-
-
total
5 920
20 633
-
-
Income
149 000
149 000
149 000
149 000
Total tax
43 149
48 943
62 051
48 438
After tax
105 851
100 057
86 949
100 562
Living cost
36 354
36 354
36 354
36 354
Free-cash
69 497
63 703
50 595
64 208

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

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Warsaw , Poland
-₽11444
₽56547
₽8462
₽78433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
40 179
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
47 054
Employee
36 987
-
132 660
-
income
5 074
-
29 880
-
pensions
4 165
-
7 531
-
health
4 235
-
15 189
-
total
13 474
-
52 600
-
Employer
36 987
-
132 660
-
unemployment
906
-
3 250
-
pensions
6 014
-
10 875
-
accident
618
-
2 215
-
total
7 538
-
16 340
-
Corporate
104 475
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.

94 028
134 100
-
-
total
94 028
134 100
-
-
Dividends
10 448
14 900
-
-
withholding
1 985
2 831
-
-
total
1 985
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
117 025
136 931
68 940
47 054
After tax
31 975
12 069
80 060
101 946
Living cost
23 513
23 513
23 513
23 513
Free-cash
8 462
-11 444
56 547
78 433

Estimated living cost  is ₽23513 per week

₽17256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
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.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽112151
₽90017
₽107568
₽70583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
745
income
-
-
-
24 210
health insurance
-
-
-
11 026
pensions
-
-
-
27 416
unemployment
-
-
-
1 788
total
-
-
-
65 185
Employee

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

21 171
-
149 000
-
unemployment
254
-
940
-
work injury
106
-
392
-
income
2 117
-
24 210
-
health insurance
1 567
-
5 796
-
pensions
3 895
-
14 413
-
total
7 939
-
45 751
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 829
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%.

1 278
1 490
-
-
total
1 278
1 490
-
-
Dividends
126 551
147 510
-
-
withholding
18 983
22 127
-
-
total
18 983
22 127
-
-
Income
149 000
149 000
149 000
149 000
Total tax
28 200
23 617
45 751
65 185
After tax
120 800
125 383
103 249
83 815
Living cost
13 232
13 232
13 232
13 232
Free-cash
107 568
112 151
90 017
70 583

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39419
₽25149
₽34958
₽31770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
38 322
national
-
-
-
35 460
regional
-
-
-
3 388
municipal
-
-
-
996
total
-
-
-
78 166
Employee
82 630
-
149 000
-
regional
1 248
-
2 976
-
national
13 964
-
30 680
-
municipal
493
-
889
-
social contributions
27 862
-
50 242
-
total
43 567
-
84 787
-
Employer
82 630
-
149 000
-
total
-
-
-
-
Corporate
66 370
149 000
-
-
nationa
15 929
35 760
-
-
municipal
3 199
7 181
-
-
total
19 128
42 941
-
-
Dividends
47 243
106 059
-
-
withholding
12 283
27 576
-
-
total
12 283
27 576
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 978
70 517
84 787
78 166
After tax
74 022
78 483
64 213
70 834
Living cost
39 064
39 064
39 064
39 064
Free-cash
34 958
39 419
25 149
31 770

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
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.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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