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
₽45222
₽66638
₽50415
₽56167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
43 254
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.

-
-
-
2 379
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.

-
-
-
6 760
trade
-
-
-
16 223
total
-
-
-
68 616
Employee

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

37 844
-
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
-
2 379
-
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.

1 057
-
43 254
-
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.

6 760
-
6 760
-
total
7 875
-
52 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 156
149 000
-
-
income
16 674
22 350
-
-
surtax

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

916
1 230
-
-
chamber of commerce
310
364
-
-
trade
17 507
23 467
-
-
total
35 407
47 411
-
-
Dividends
75 749
101 589
-
-
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.

1 021
1 376
-
-
withholding
18 561
25 022
-
-
total
19 582
26 398
-
-
Income
149 000
149 000
149 000
149 000
Total tax
62 864
73 809
52 393
68 616
After tax
86 136
75 191
96 607
80 384
Living cost
29 969
29 969
29 969
29 969
Free-cash
56 167
45 222
66 638
50 415

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40574
₽37267
₽36096
₽39703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 089
national
-
-
-
24 931
pensions
-
-
-
17 880
total
-
-
-
60 502
Employee
81 232
-
128 809
-
municipal
10 033
-
16 665
-
pensions
3 249
-
5 152
-
national
15 548
-
25 824
-
total
28 830
-
47 641
-
Employer
81 232
-
128 809
-
pensions
6 499
-
10 305
-
social contributions
873
-
1 385
-
total
7 372
-
11 690
-
Corporate
55 035
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%.

11 007
29 800
-
-
total
11 007
29 800
-
-
Dividends
44 028
119 200
-
-
withholding
9 686
26 224
-
-
total
9 686
26 224
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 895
56 024
59 331
60 502
After tax
92 105
92 976
89 669
88 498
Living cost
52 402
52 402
52 402
52 402
Free-cash
39 703
40 574
37 267
36 096

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98615
₽70071
₽28087
₽90499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 424
surtax
-
-
-
37 994
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.

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
100 328
Employee
28 912
-
107 040
-
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.

3 181
-
11 775
-
income
5 147
-
20 783
-
total
8 328
-
32 558
-
Employer
28 912
-
107 040
-
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.

6 964
-
25 786
-
surtax
-
-
-
-
total
6 964
-
25 786
-
Corporate
113 124
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%.

22 624
29 800
-
-
total
22 624
29 800
-
-
Dividends

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

90 500
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
37 916
29 800
58 344
100 328
After tax
111 084
119 200
90 656
48 672
Living cost
20 585
20 585
20 585
20 585
Free-cash
90 499
98 615
70 071
28 087

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
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.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31943
₽48897
₽42571
₽25881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
41 186
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
64 980
Employee
84 494
84 494
130 612
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
16 472
-
health
12 969
11 031
12 201
-
total
42 008
36 454
40 266
-
Employer
84 494
84 494
130 612
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
50 746
49 710
-
-
income
10 149
9 942
-
-
total
10 149
9 942
-
-
Dividends
40 597
39 767
-
-
income
8 628
8 451
-
-
withholding
6 089
5 965
-
-
total
14 717
14 416
-
-
Income
149 000
149 000
149 000
149 000
Total tax
81 670
75 608
58 654
64 980
After tax
67 330
73 392
90 346
84 020
Living cost
41 449
41 449
41 449
41 449
Free-cash
25 881
31 943
48 897
42 571

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40537
₽36627
₽37617
₽39622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
36 704
national
-
-
-
7 946
pensions
-
-
-
9 670
total
-
-
-
70 566
Employee
58 161
-
120 893
-
municipal
17 344
-
36 050
-
national
-
-
7 398
-
total
17 344
-
43 448
-
Employer
58 161
-
120 893
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
72 565
149 000
-
-
income
15 964
32 780
-
-
total
15 964
32 780
-
-
Dividends
56 601
116 220
-
-
withholding
16 980
34 866
-
-
total
16 980
34 866
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 561
67 646
71 556
70 566
After tax
80 439
81 354
77 444
78 434
Living cost
40 817
40 817
40 817
40 817
Free-cash
39 622
40 537
36 627
37 617

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35556
₽57738
₽40794
₽49457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
43 254
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.

-
-
-
2 379
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.

-
-
-
6 760
trade
-
-
-
16 944
total
-
-
-
69 337
Employee

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

50 177
-
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.

237
-
2 379
-
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.

4 311
-
43 254
-
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.

6 760
-
6 760
-
total
11 308
-
52 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 823
149 000
-
-
income
14 824
22 350
-
-
surtax

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

815
1 230
-
-
chamber of commerce
291
362
-
-
trade
16 257
24 511
-
-
total
32 187
48 453
-
-
Dividends
66 637
100 547
-
-
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.

896
1 361
-
-
withholding
16 283
24 761
-
-
total
17 179
26 122
-
-
Income
149 000
149 000
149 000
149 000
Total tax
60 674
74 575
52 393
69 337
After tax
88 326
74 425
96 607
79 663
Living cost
38 869
38 869
38 869
38 869
Free-cash
49 457
35 556
57 738
40 794

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76685
₽69635
₽71014
₽72584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
26 084
social contributions
-
-
-
16 009
health
-
-
-
3 800
total
-
-
-
45 893
Employee
76 083
76 083
137 931
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
25 341
-
health
757
1 294
2 345
-
total
12 443
14 652
36 203
-
Employer
76 083
76 083
137 931
-
health
824
1 408
2 552
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
11 069
-
Corporate
99 943
65 194
-
-
income
12 492
8 149
-
-
total
12 492
8 149
-
-
Dividends
87 451
57 045
-
-
withholding
14 867
9 698
-
-
total
14 867
9 698
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 323
40 222
47 272
45 893
After tax
104 677
108 778
101 728
103 107
Living cost
32 093
32 093
32 093
32 093
Free-cash
72 584
76 685
69 635
71 014

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65588
₽68209
₽85053
₽65968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 215
unemployment
-
-
-
2 235
health
-
-
-
10 430
pensions
-
-
-
14 900
total
-
-
-
45 780
Employee

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

The minimum wage is 138,000 HUF per month.

26 224
10 437
124 686
-
unemployment
393
157
1 870
-
pensions
2 622
1 044
12 469
-
income
3 206
1 276
15 243
-
health
1 836
731
8 728
-
total
8 057
3 208
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.

26 224
10 437
124 686
-
pensions
5 114
2 035
24 314
-
total
5 114
2 035
24 314
-
Corporate
117 662
136 528
-
-
income
10 590
12 288
-
-
total
10 590
12 288
-
-
Dividends
107 072
124 240
-
-
social contributions
20 760
24 108
-
-
withholding
20 344
23 606
-
-
total
41 104
47 714
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 865
65 245
62 624
45 780
After tax
84 135
83 755
86 376
103 220
Living cost
18 167
18 167
18 167
18 167
Free-cash
65 968
65 588
68 209
85 053

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95301
₽61983
₽55966
₽89156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
19 965
health
-
-
-
19 370
pensions
-
-
-
29 800
total
-
-
-
69 135
Employee
28 069
-
111 362
-
unemployment
449
-
1 782
-
pensions
561
-
2 227
-
income
3 160
-
21 471
-
total
4 170
-
25 480
-
Employer
28 069
-
111 362
-
health
3 648
-
14 477
-
pensions
5 614
-
22 271
-
unemployment
225
-
890
-
total
9 487
-
37 638
-
Corporate
111 443
149 000
-
-
income
22 288
29 800
-
-
total
22 288
29 800
-
-
Dividends
89 155
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
35 945
29 800
63 118
69 135
After tax
113 055
119 200
85 882
79 865
Living cost
23 899
23 899
23 899
23 899
Free-cash
89 156
95 301
61 983
55 966

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9993
₽57901
₽79894
₽8687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
253
income
-
-
-
40 059
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
47 044
Employee
34 705
-
132 493
-
pensions
3 908
-
7 651
-
income
4 761
-
29 709
-
health
3 974
-
15 170
-
total
12 643
-
52 530
-
Employer
34 705
-
132 493
-
pensions
5 643
-
11 048
-
accident
579
-
2 213
-
unemployment
850
-
3 246
-
total
7 072
-
16 507
-
Corporate
107 222
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.

96 499
134 100
-
-
total
96 499
134 100
-
-
Dividends
10 722
14 900
-
-
withholding
2 037
2 831
-
-
total
2 037
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 251
136 931
69 037
47 044
After tax
30 749
12 069
79 963
101 956
Living cost
22 062
22 062
22 062
22 062
Free-cash
8 687
-9 993
57 901
79 894

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133450
₽111100
₽139410
₽131931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 125
-
149 000
-
income
2 025
-
29 800
-
total
2 025
-
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%.

138 875
149 000
-
-
total
-
-
-
-
Dividends
138 875
149 000
-
-
withholding
6 944
7 450
-
-
total
6 944
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
8 969
7 450
29 800
1 490
After tax
140 031
141 550
119 200
147 510
Living cost
8 100
8 100
8 100
8 100
Free-cash
131 931
133 450
111 100
139 410

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83107
₽58693
₽52527
₽76422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
20 714
other
-
-
-
7 077
health
-
-
-
6 557
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
total
-
-
-
70 108
Employee
35 926
-
119 010
-
unemployment
359
-
1 190
-
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.

2 514
-
8 329
-
income
6 185
-
22 769
-
health
503
-
1 665
-
total
9 561
-
33 953
-
Employer
35 926
-
119 010
-
health
503
-
1 665
-
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.

6 108
-
20 232
-
accident
287
-
952
-
unemployment
359
-
1 190
-
other
1 797
-
5 950
-
total
9 054
-
29 989
-
Corporate
104 020
149 000
-
-
income
21 845
31 289
-
-
total
21 845
31 289
-
-
Dividends
82 176
117 711
-
-
withholding
5 753
8 239
-
-
total
5 753
8 239
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 213
39 528
63 942
70 108
After tax
102 787
109 472
85 058
78 892
Living cost
26 365
26 365
26 365
26 365
Free-cash
76 422
83 107
58 693
52 527

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34257
₽21101
₽34722
₽32162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 966
pensions
-
-
-
8 377
total
-
-
-
48 343
Employee
93 288
-
130 388
-
pensions
9 000
-
10 483
-
income
16 816
-
30 883
-
health
1 537
-
1 987
-
total
27 353
-
43 353
-
Employer
93 288
-
130 388
-
health
1 772
-
2 477
-
pensions
11 015
-
16 134
-
total
12 787
-
18 611
-
Corporate
42 926
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.

8 155
28 311
-
-
total
8 155
28 311
-
-
Dividends
34 771
120 689
-
-
withholding
2 608
20 497
-
-
total
2 608
20 497
-
-
Income
149 000
149 000
149 000
149 000
Total tax
50 903
48 808
61 964
48 343
After tax
98 097
100 192
87 036
100 657
Living cost
65 935
65 935
65 935
65 935
Free-cash
32 162
34 257
21 101
34 722

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114421
₽110018
₽104447
₽109825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
31 579
Employee
17 180
-
142 219
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
14 222
-
health
790
-
1 590
-
total
4 205
-
19 227
-
Employer
17 180
-
142 219
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
128 449
149 000
-
-
income
12 845
14 900
-
-
total
12 845
14 900
-
-
Dividends
115 605
134 100
-
-
withholding
5 780
6 705
-
-
total
5 780
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
26 201
21 605
26 008
31 579
After tax
122 799
127 395
122 992
117 421
Living cost
12 974
12 974
12 974
12 974
Free-cash
109 825
114 421
110 018
104 447

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18526
₽35480
₽29154
₽21014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
41 186
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
64 980
Employee
91 734
84 494
130 612
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
16 472
-
health
11 444
11 031
12 201
-
total
36 867
36 454
40 266
-
Employer
91 734
84 494
130 612
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
41 205
49 710
-
-
income
8 241
9 942
-
-
total
8 241
9 942
-
-
Dividends
32 964
39 767
-
-
income
7 006
8 451
-
-
withholding
4 944
5 965
-
-
total
11 950
14 416
-
-
Income
149 000
149 000
149 000
149 000
Total tax
73 120
75 608
58 654
64 980
After tax
75 880
73 392
90 346
84 020
Living cost
54 866
54 866
54 866
54 866
Free-cash
21 014
18 526
35 480
29 154

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78000
₽51026
₽54895
₽69229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 026
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
20 115
total
-
-
-
69 519
Employee
36 156
-
111 194
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
7 228
-
income
4 339
-
13 343
-
health
4 881
-
15 011
-
total
11 570
-
35 582
-
Employer
36 156
-
111 194
-
health
3 254
-
10 007
-
social contributions
9 039
-
27 799
-
total
12 293
-
37 806
-
Corporate
100 551
149 000
-
-
income
19 105
28 310
-
-
total
19 105
28 310
-
-
Dividends
81 446
120 690
-
-
withholding
12 217
18 104
-
-
total
12 217
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
55 185
46 414
73 388
69 519
After tax
93 815
102 586
75 612
79 481
Living cost
24 586
24 586
24 586
24 586
Free-cash
69 229
78 000
51 026
54 895

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37746
₽24072
₽30939
₽32580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 323
regional
-
-
-
1 732
municipal
-
-
-
886
national
-
-
-
35 369
total
-
-
-
76 310
Employee
87 936
-
149 000
-
municipal
466
-
790
-
national
15 237
-
30 619
-
regional
830
-
1 526
-
social contributions
29 652
-
50 242
-
total
46 185
-
83 177
-
Employer
87 936
-
149 000
-
total
-
-
-
-
Corporate
61 064
149 000
-
-
municipal
2 381
5 811
-
-
nationa
14 655
35 760
-
-
total
17 036
41 571
-
-
Dividends
44 028
107 429
-
-
withholding
11 448
27 932
-
-
total
11 448
27 932
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 669
69 503
83 177
76 310
After tax
74 331
79 497
65 823
72 690
Living cost
41 751
41 751
41 751
41 751
Free-cash
32 580
37 746
24 072
30 939

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71888
₽44212
₽48874
₽68805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 950
other
-
-
-
-
surtax
-
-
-
5 331
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
78 292
Employee
32 720
-
123 088
-
other
-
-
-
-
unemployment
2 278
-
8 568
-
pensions
2 182
-
8 209
-
surtax
107
-
4 595
-
income
5 485
-
32 534
-
health
836
-
3 138
-
total
10 888
-
57 044
-
Employer
32 720
-
123 088
-
health
1 489
-
5 601
-
pensions
4 362
-
16 407
-
unemployment
1 036
-
3 902
-
other
-
-
-
-
total
6 887
-
25 910
-
Corporate
109 392
149 000
-
-
income
28 443
38 740
-
-
total
28 443
38 740
-
-
Dividends
80 950
110 260
-
-
withholding
12 143
16 538
-
-
total
12 143
16 538
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 361
55 278
82 954
78 292
After tax
90 639
93 722
66 046
70 708
Living cost
21 834
21 834
21 834
21 834
Free-cash
68 805
71 888
44 212
48 874

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55147
₽41991
₽55612
₽58834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 966
pensions
-
-
-
8 377
total
-
-
-
48 343
Employee
62 519
-
130 388
-
pensions
5 306
-
10 483
-
income
11 260
-
30 883
-
health
908
-
1 987
-
total
17 474
-
43 353
-
Employer
62 519
-
130 388
-
health
1 188
-
2 477
-
pensions
6 768
-
16 134
-
total
7 956
-
18 611
-
Corporate
78 526
149 000
-
-
income

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

14 921
28 311
-
-
total
14 921
28 311
-
-
Dividends
63 605
120 689
-
-
withholding
4 770
20 497
-
-
total
4 770
20 497
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 121
48 808
61 964
48 343
After tax
103 879
100 192
87 036
100 657
Living cost
45 045
45 045
45 045
45 045
Free-cash
58 834
55 147
41 991
55 612

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10074
₽36567
₽43810
₽23388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
regional
-
-
-
6 592
health
-
-
-
335
city
-
-
-
1 571
national
-
-
-
1 796
pensions
-
-
-
13 707
total
-
-
-
26 982
Employee
91 524
-
133 362
-
unemployment
-
-
-
-
pensions
7 689
-
11 204
-
national
433
-
1 453
-
regional
2 997
-
5 666
-
city
982
-
1 432
-
health
207
-
299
-
total
12 308
-
20 054
-
Employer
91 524
-
133 362
-
health
207
-
299
-
pensions
7 689
-
11 204
-
unemployment
-
-
-
-
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.

1 830
-
2 668
-
total
9 726
-
14 171
-
Corporate
46 744
149 000
-
-
regional
9 887
31 514
-
-
national
3 973
12 665
-
-
total
13 860
44 179
-
-
Dividends
32 884
104 821
-
-
withholding
11 510
36 687
-
-
total
11 510
36 687
-
-
Income
149 000
149 000
149 000
149 000
Total tax
47 404
80 866
34 225
26 982
After tax
101 596
68 134
114 775
122 018
Living cost
78 208
78 208
78 208
78 208
Free-cash
23 388
-10 074
36 567
43 810

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28329
₽51280
₽33615
₽44379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
43 254
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.

-
-
-
2 379
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.

-
-
-
6 760
trade
-
-
-
17 665
total
-
-
-
70 058
Employee

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

59 464
-
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.

385
-
2 379
-
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.

6 992
-
43 254
-
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.

6 760
-
6 760
-
total
14 137
-
52 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 536
149 000
-
-
income
13 431
22 350
-
-
surtax

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

738
1 230
-
-
chamber of commerce
276
361
-
-
trade
15 355
25 553
-
-
total
29 800
49 494
-
-
Dividends
59 736
99 507
-
-
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.

800
1 348
-
-
withholding
14 557
24 502
-
-
total
15 357
25 850
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 294
75 344
52 393
70 058
After tax
89 706
73 656
96 607
78 942
Living cost
45 327
45 327
45 327
45 327
Free-cash
44 379
28 329
51 280
33 615

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
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.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41245
₽50859
₽50521
₽47089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 270
other
-
-
-
4 619
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 513
pensions
-
-
-
28 980
total
-
-
-
64 627
Employee
42 347
-
116 864
-
pensions
4 788
-
7 482
-
surtax
-
-
-
-
social contributions
1 207
-
3 331
-
income
2 499
-
21 345
-
total
8 494
-
32 158
-
Employer
42 347
-
116 864
-
health
2 965
-
10 050
-
pensions
6 957
-
12 712
-
unemployment
1 714
-
4 734
-
social contributions
128
-
351
-
other
1 461
-
4 284
-
total
13 225
-
32 131
-
Corporate
93 429
149 000
-
-
income
26 159
41 720
-
-
surtax
-
-
-
-
total
26 159
41 720
-
-
Dividends
67 270
107 280
-
-
surtax
-
-
-
-
social contributions
11 570
18 452
-
-
withholding
8 611
13 731
-
-
total
20 181
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 059
73 903
64 289
64 627
After tax
80 941
75 097
84 711
84 373
Living cost
33 852
33 852
33 852
33 852
Free-cash
47 089
41 245
50 859
50 521

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44599
₽54213
₽53875
₽50093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 270
other
-
-
-
4 619
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 513
pensions
-
-
-
28 980
total
-
-
-
64 627
Employee
37 800
-
116 864
-
pensions
4 275
-
7 482
-
surtax
-
-
-
-
social contributions
1 078
-
3 331
-
income
1 949
-
21 345
-
total
7 302
-
32 158
-
Employer
37 800
-
116 864
-
health
2 646
-
10 050
-
pensions
6 211
-
12 712
-
unemployment
1 530
-
4 734
-
social contributions
113
-
351
-
other
1 305
-
4 284
-
total
11 805
-
32 131
-
Corporate
99 395
149 000
-
-
income
27 831
41 720
-
-
surtax
-
-
-
-
total
27 831
41 720
-
-
Dividends
71 564
107 280
-
-
surtax
-
-
-
-
social contributions
12 310
18 452
-
-
withholding
9 161
13 731
-
-
total
21 471
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 409
73 903
64 289
64 627
After tax
80 591
75 097
84 711
84 373
Living cost
30 498
30 498
30 498
30 498
Free-cash
50 093
44 599
54 213
53 875

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69922
₽72377
₽74707
₽70438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
social contributions
-
-
-
20 562
health
-
-
-
10 400
total
-
-
-
53 312
Employee
33 548
-
149 000
-
social contributions
4 630
-
20 562
-
income
5 595
-
24 680
-
health
2 341
-
10 400
-
total
12 566
-
55 642
-
Employer
33 548
-
149 000
-
total
-
-
-
-
Corporate
115 452
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%.

5 772
7 451
-
-
total
5 772
7 451
-
-
Dividends
109 680
141 549
-
-
social contributions
15 136
19 533
-
-
withholding
16 452
21 233
-
-
health
7 655
9 880
-
-
total
39 243
50 646
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 581
58 097
55 642
53 312
After tax
91 419
90 903
93 358
95 688
Living cost
20 981
20 981
20 981
20 981
Free-cash
70 438
69 922
72 377
74 707

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47819
₽3900
₽41540
₽46291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 510
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
595
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
72 596
Employee
49 448
39 431
115 551
-
other
494
394
1 155
-
unemployment
1 483
1 183
3 466
-
pensions
5 064
4 037
11 833
-
income
5 629
2 908
27 913
-
health
1 913
1 527
4 473
-
total
14 583
10 049
48 840
-
Employer
49 448
39 431
115 551
-
chamber of commerce
197
158
462
-
health
1 868
1 491
4 367
-
pensions
6 206
4 949
14 501
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 466
-
surtax
195
195
195
-
payroll
1 483
1 183
3 466
-
other
2 349
1 872
5 488
-
total
14 423
11 544
33 447
-
Corporate
85 128
98 025
111 796
-
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.

21 281
24 507
27 949
-
total
21 281
24 507
27 949
-
Dividends
63 847
73 518
-
-
withholding
17 558
20 217
-
-
total
17 558
20 217
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 845
66 317
110 236
72 596
After tax
81 155
82 683
38 764
76 404
Living cost
34 864
34 864
34 864
34 864
Free-cash
46 291
47 819
3 900
41 540

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
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.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47308
₽17791
₽28972
₽32469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 544
social contributions
-
-
-
23 270
national
-
-
-
53 138
total
-
-
-
83 952
Employee

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

70 775
-
115 405
-
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.

616
-
1 005
-
communal

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

3 691
-
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.

5 308
-
8 656
-
national
21 759
-
40 432
-
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.

3 325
-
5 425
-
total
34 699
-
61 538
-
Employer

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

70 775
-
115 405
-
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.

4 352
-
7 098
-
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.

6 271
-
10 226
-
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.

920
-
1 500
-
unemployment

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

1 033
-
1 684
-
surtax
8 025
-
13 087
-
total
20 601
-
33 595
-
Corporate
57 623
149 000
-
-
income
11 525
29 800
-
-
surtax
231
595
-
-
total
11 756
30 395
-
-
Dividends
45 867
118 605
-
-
withholding

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

13 399
35 221
-
-
total
13 399
35 221
-
-
Income
149 000
149 000
149 000
149 000
Total tax
80 455
65 616
95 133
83 952
After tax
68 545
83 384
53 867
65 048
Living cost
36 076
36 076
36 076
36 076
Free-cash
32 469
47 308
17 791
28 972

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63890
₽44017
₽48168
₽56664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
826
income
-
-
-
37 586
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
65 099
Employee
49 252
-
119 763
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
34 189
-
total
13 520
-
40 013
-
Employer
49 252
-
119 763
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
84 049
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.

12 607
22 350
-
-
total
12 607
22 350
-
-
Dividends
71 442
126 650
-
-
withholding
14 777
27 027
-
-
total
14 777
27 027
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 603
49 377
69 250
65 099
After tax
92 397
99 623
79 750
83 901
Living cost
35 733
35 733
35 733
35 733
Free-cash
56 664
63 890
44 017
48 168

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34807
₽28668
₽22729
₽23456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 416
accident
-
-
-
1 256
income
-
-
-
21 639
surtax
-
-
-
7 387
health
-
-
-
10 470
pensions
-
-
-
22 333
total
-
-
-
72 501
Employee
74 930
-
133 094
-
pensions
5 993
-
10 648
-
surtax
4 593
-
8 157
-
income
7 237
-
25 930
-
health
3 335
-
5 922
-
total
21 158
-
50 657
-
Employer
74 930
-
133 094
-
health
2 285
-
4 059
-
pensions
5 993
-
10 648
-
accident
674
-
1 198
-
total
8 952
-
15 905
-
Corporate
65 118
149 000
-
-
communal
4 396
10 057
-
-
income
9 768
22 350
-
-
surtax
683
1 564
-
-
total
14 847
33 971
-
-
Dividends
50 271
115 029
-
-
income
19 276
9 198
-
-
withholding
7 541
17 254
-
-
total
26 817
26 452
-
-
Income
149 000
149 000
149 000
149 000
Total tax
71 774
60 423
66 562
72 501
After tax
77 226
88 577
82 438
76 499
Living cost
53 770
53 770
53 770
53 770
Free-cash
23 456
34 807
28 668
22 729

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71498
₽43822
₽48484
₽68349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 950
other
-
-
-
-
surtax
-
-
-
5 331
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
78 292
Employee
33 321
-
123 088
-
other
-
-
-
-
unemployment
2 319
-
8 568
-
pensions
2 223
-
8 209
-
surtax
118
-
4 595
-
income
5 586
-
32 534
-
health
851
-
3 138
-
total
11 097
-
57 044
-
Employer
33 321
-
123 088
-
health
1 515
-
5 601
-
pensions
4 443
-
16 407
-
unemployment
1 057
-
3 902
-
other
-
-
-
-
total
7 015
-
25 910
-
Corporate
108 664
149 000
-
-
income
28 253
38 740
-
-
total
28 253
38 740
-
-
Dividends
80 411
110 260
-
-
withholding
12 062
16 538
-
-
total
12 062
16 538
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 427
55 278
82 954
78 292
After tax
90 573
93 722
66 046
70 708
Living cost
22 224
22 224
22 224
22 224
Free-cash
68 349
71 498
43 822
48 484

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51665
₽38692
₽45522
₽49468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 323
regional
-
-
-
2 247
municipal
-
-
-
886
national
-
-
-
35 369
total
-
-
-
76 825
Employee
54 886
-
149 000
-
municipal
291
-
790
-
national
8 695
-
30 619
-
regional
739
-
2 004
-
social contributions
18 508
-
50 242
-
total
28 233
-
83 655
-
Employer
54 886
-
149 000
-
total
-
-
-
-
Corporate
94 114
149 000
-
-
municipal
4 677
7 405
-
-
nationa
22 588
35 760
-
-
total
27 265
43 165
-
-
Dividends
66 849
105 835
-
-
withholding
17 381
27 517
-
-
total
17 381
27 517
-
-
Income
149 000
149 000
149 000
149 000
Total tax
72 879
70 682
83 655
76 825
After tax
76 121
78 318
65 345
72 175
Living cost
26 653
26 653
26 653
26 653
Free-cash
49 468
51 665
38 692
45 522

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72289
₽45315
₽49184
₽61481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 026
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
20 115
total
-
-
-
69 519
Employee
44 554
-
111 194
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
7 228
-
income
5 346
-
13 343
-
health
6 015
-
15 011
-
total
14 257
-
35 582
-
Employer
44 554
-
111 194
-
health
4 010
-
10 007
-
social contributions
11 138
-
27 799
-
total
15 148
-
37 806
-
Corporate
89 298
149 000
-
-
income
16 967
28 310
-
-
total
16 967
28 310
-
-
Dividends
72 331
120 690
-
-
withholding
10 850
18 104
-
-
total
10 850
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 222
46 414
73 388
69 519
After tax
91 778
102 586
75 612
79 481
Living cost
30 297
30 297
30 297
30 297
Free-cash
61 481
72 289
45 315
49 184

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51221
₽7245
₽45032
₽50734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 510
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
595
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
72 401
Employee
43 251
39 431
115 722
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
27 983
-
health
1 673
1 527
4 473
-
total
11 684
10 049
48 918
-
Employer
43 251
39 431
115 722
-
chamber of commerce
173
158
464
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
3 472
-
other
2 054
1 872
5 496
-
total
12 445
11 349
33 278
-
Corporate
93 302
98 221
111 967
-
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.

23 326
24 556
27 992
-
total
23 326
24 556
27 992
-
Dividends
69 976
73 665
-
-
withholding
19 244
20 258
-
-
total
19 244
20 258
-
-
Income
149 000
149 000
149 000
149 000
Total tax
66 699
66 212
110 188
72 401
After tax
82 301
82 788
38 812
76 599
Living cost
31 567
31 567
31 567
31 567
Free-cash
50 734
51 221
7 245
45 032

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128927
₽106577
₽134887
₽126560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
149 000
-
income
3 156
-
29 800
-
total
3 156
-
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%.

133 221
149 000
-
-
total
-
-
-
-
Dividends
133 221
149 000
-
-
withholding
6 661
7 450
-
-
total
6 661
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
9 817
7 450
29 800
1 490
After tax
139 183
141 550
119 200
147 510
Living cost
12 623
12 623
12 623
12 623
Free-cash
126 560
128 927
106 577
134 887

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76048
₽43570
₽47517
₽67772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 849
unemployment
-
-
-
223
health
-
-
-
14 661
pensions
-
-
-
27 211
total
-
-
-
74 944
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.

43 753
-
128 926
-
unemployment
62
-
180
-
pensions
6 782
-
19 984
-
income
7 545
-
30 323
-
health
2 826
-
8 329
-
total
17 215
-
58 816
-
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.

43 753
-
128 926
-
health
2 914
-
8 587
-
pensions
3 872
-
11 411
-
unemployment
26
-
77
-
total
6 812
-
20 075
-
Corporate
98 434
149 000
-
-
income
18 703
28 309
-
-
total
18 703
28 309
-
-
Dividends
79 731
120 691
-
-
withholding
11 959
18 104
-
-
total
11 959
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 689
46 413
78 891
74 944
After tax
94 311
102 587
70 109
74 056
Living cost
26 539
26 539
26 539
26 539
Free-cash
67 772
76 048
43 570
47 517

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
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.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47225
₽92332
₽59544
-₽1066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
29 043
social contributions
-
-
-
16 986
total
-
-
-
46 029
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
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
106 639
58 348
13 241
46 029
After tax
42 361
90 652
135 759
102 971
Living cost
43 427
43 427
43 427
43 427
Free-cash
-1 066
47 225
92 332
59 544

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53717
₽39086
₽49644
₽52718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
149 000
income
-
-
-
16 542
surtax
-
-
-
-
social contributions

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

-
-
-
51 778
total
-
-
-
68 320
Employee
45 507
-
120 403
-
surtax
-
-
-
-
social contributions
5 006
-
13 245
-
income
9 466
-
37 036
-
total
14 472
-
50 281
-
Employer
45 507
-
120 403
-
social contributions
10 808
-
28 597
-
total
10 808
-
28 597
-
Corporate
92 686
149 000
-
-
income
19 464
31 289
-
-
surtax
-
-
-
-
total
19 464
31 289
-
-
Dividends
73 222
117 711
-
-
withholding
20 502
32 958
-
-
total
20 502
32 958
-
-
Income
149 000
149 000
149 000
149 000
Total tax
65 246
64 247
78 878
68 320
After tax
83 754
84 753
70 122
80 680
Living cost
31 036
31 036
31 036
31 036
Free-cash
52 718
53 717
39 086
49 644

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27308
₽36922
₽36584
₽34108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 270
other
-
-
-
4 619
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 513
pensions
-
-
-
28 980
total
-
-
-
64 627
Employee
61 971
-
116 864
-
pensions
7 009
-
7 482
-
surtax
-
-
-
-
social contributions
1 765
-
3 331
-
income
5 407
-
21 345
-
total
14 181
-
32 158
-
Employer
61 971
-
116 864
-
health
4 337
-
10 050
-
pensions
10 183
-
12 712
-
unemployment
2 510
-
4 734
-
social contributions
186
-
351
-
other
2 139
-
4 284
-
total
19 355
-
32 131
-
Corporate
67 674
149 000
-
-
income
18 949
41 720
-
-
surtax
-
-
-
-
total
18 949
41 720
-
-
Dividends
48 725
107 280
-
-
surtax
-
-
-
-
social contributions
8 380
18 452
-
-
withholding
6 238
13 731
-
-
total
14 618
32 183
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 103
73 903
64 289
64 627
After tax
81 897
75 097
84 711
84 373
Living cost
47 789
47 789
47 789
47 789
Free-cash
34 108
27 308
36 922
36 584

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104359
₽84823
₽80864
₽101034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 614
social contributions
-
-
-
32 780
total
-
-
-
38 394
Employee
31 810
-
129 005
-
income
-
-
6 054
-
social contributions
2 067
-
8 386
-
total
2 067
-
14 440
-
Employer
31 810
-
129 005
-
social contributions
4 931
-
19 995
-
total
4 931
-
19 995
-
Corporate
112 260
149 000
-
-
income
11 226
14 899
-
-
total
11 226
14 899
-
-
Dividends
101 033
134 101
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
18 224
14 899
34 435
38 394
After tax
130 776
134 101
114 565
110 606
Living cost
29 742
29 742
29 742
29 742
Free-cash
101 034
104 359
84 823
80 864

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
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.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽66469
-₽66469
₽41705
-₽66469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
30 289
national
-
-
-
16 669
pensions
-
-
-
857
total
-
-
-
59 667
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
167 841
167 841
167 841
59 667
After tax
-18 841
-18 841
-18 841
89 333
Living cost
47 628
47 628
47 628
47 628
Free-cash
-66 469
-66 469
-66 469
41 705

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9668
₽58226
₽80219
₽8735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
253
income
-
-
-
40 059
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
47 044
Employee
34 194
-
132 493
-
pensions
3 850
-
7 651
-
income
4 691
-
29 709
-
health
3 915
-
15 170
-
total
12 456
-
52 530
-
Employer
34 194
-
132 493
-
pensions
5 560
-
11 048
-
accident
571
-
2 213
-
unemployment
838
-
3 246
-
total
6 969
-
16 507
-
Corporate
107 838
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.

97 054
134 100
-
-
total
97 054
134 100
-
-
Dividends
10 784
14 900
-
-
withholding
2 049
2 831
-
-
total
2 049
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 528
136 931
69 037
47 044
After tax
30 472
12 069
79 963
101 956
Living cost
21 737
21 737
21 737
21 737
Free-cash
8 735
-9 668
58 226
80 219

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56951
₽41783
₽61792
₽58830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 881
municipal
-
-
-
26 481
national
-
-
-
20 859
total
-
-
-
49 221
Employee
52 057
-
125 347
-
municipal
8 526
-
20 429
-
unemployment
781
-
1 880
-
pensions
3 513
-
8 461
-
national
860
-
13 290
-
health
389
-
1 517
-
total
14 069
-
45 577
-
Employer
52 057
-
125 347
-
health
400
-
965
-
pensions
9 032
-
21 747
-
accident
53
-
126
-
unemployment
338
-
815
-
total
9 823
-
23 653
-
Corporate
87 121
149 000
-
-
income
17 425
29 800
-
-
total
17 425
29 800
-
-
Dividends

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

52 273
89 400
-
-
municipal
9 409
16 091
-
-
national
1 457
8 171
-
-
total
10 866
24 262
-
-
Income
149 000
149 000
149 000
149 000
Total tax
52 183
54 062
69 230
49 221
After tax
96 817
94 938
79 770
99 779
Living cost
37 987
37 987
37 987
37 987
Free-cash
58 830
56 951
41 783
61 792

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85870
₽78820
₽80199
₽80485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
26 084
social contributions
-
-
-
16 009
health
-
-
-
3 800
total
-
-
-
45 893
Employee
76 083
76 083
137 931
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
25 341
-
health
590
1 294
2 345
-
total
11 751
14 652
36 203
-
Employer
76 083
76 083
137 931
-
health
640
1 408
2 552
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
11 069
-
Corporate
110 824
65 194
-
-
income
13 853
8 149
-
-
total
13 853
8 149
-
-
Dividends
96 971
57 045
-
-
withholding
16 486
9 698
-
-
total
16 486
9 698
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 607
40 222
47 272
45 893
After tax
103 393
108 778
101 728
103 107
Living cost
22 908
22 908
22 908
22 908
Free-cash
80 485
85 870
78 820
80 199

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107678
₽88592
₽108436
₽102644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 952
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
24 855
Employee

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

22 711
-
139 330
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
12 498
-
health
1 930
-
7 980
-
total
7 002
-
35 029
-
Employer

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

22 711
-
139 330
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
123 951
149 000
-
-
income
11 155
13 410
-
-
total
11 155
13 410
-
-
Dividends
112 796
135 590
-
-
withholding
10 152
12 203
-
-
total
10 152
12 203
-
-
Income
149 000
149 000
149 000
149 000
Total tax
30 647
25 613
44 699
24 855
After tax
118 353
123 387
104 301
124 145
Living cost
15 709
15 709
15 709
15 709
Free-cash
102 644
107 678
88 592
108 436

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
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.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72414
₽52541
₽56692
₽67879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
826
income
-
-
-
37 586
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
65 099
Employee
36 586
-
119 763
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
34 189
-
total
9 376
-
40 013
-
Employer
36 586
-
119 763
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
100 750
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.

15 113
22 350
-
-
total
15 113
22 350
-
-
Dividends
85 637
126 650
-
-
withholding
17 759
27 027
-
-
total
17 759
27 027
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 912
49 377
69 250
65 099
After tax
95 088
99 623
79 750
83 901
Living cost
27 209
27 209
27 209
27 209
Free-cash
67 879
72 414
52 541
56 692

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91041
₽93641
₽93779
₽90724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 852
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
53 286
Employee
2 947
-
147 412
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
50 778
-
health
147
-
353
-
total
1 011
-
51 837
-
Employer
2 947
-
147 412
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
145 390
149 000
-
-
income
31 986
32 780
-
-
total
31 986
32 780
-
-
Dividends
113 404
116 220
-
-
withholding
22 681
23 244
-
-
total
22 681
23 244
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 341
56 024
53 424
53 286
After tax
92 659
92 976
95 576
95 714
Living cost
1 935
1 935
1 935
1 935
Free-cash
90 724
91 041
93 641
93 779

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90543
₽71134
₽71134
₽85674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 117
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
60 756
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.

25 801
-
135 912
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
33 117
-
health
1 329
-
3 766
-
total
8 691
-
47 668
-
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.

25 801
-
135 912
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
118 580
149 000
-
-
income
17 787
22 350
-
-
total
17 787
22 350
-
-
Dividends
100 793
126 650
-
-
withholding
15 119
18 997
-
-
total
15 119
18 997
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 216
41 347
60 756
60 756
After tax
102 784
107 653
88 244
88 244
Living cost
17 110
17 110
17 110
17 110
Free-cash
85 674
90 543
71 134
71 134

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽58078
₽43447
₽54005
₽57720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
149 000
income
-
-
-
16 542
surtax
-
-
-
-
social contributions

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

-
-
-
51 778
total
-
-
-
68 320
Employee
38 403
-
120 403
-
surtax
-
-
-
-
social contributions
4 225
-
13 245
-
income
7 504
-
37 036
-
total
11 729
-
50 281
-
Employer
38 403
-
120 403
-
social contributions
9 120
-
28 597
-
total
9 120
-
28 597
-
Corporate
101 478
149 000
-
-
income
21 309
31 289
-
-
surtax
-
-
-
-
total
21 309
31 289
-
-
Dividends
80 168
117 711
-
-
withholding
22 447
32 958
-
-
total
22 447
32 958
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 605
64 247
78 878
68 320
After tax
84 395
84 753
70 122
80 680
Living cost
26 675
26 675
26 675
26 675
Free-cash
57 720
58 078
43 447
54 005

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64850
₽44977
₽49128
₽57957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
826
income
-
-
-
37 586
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
65 099
Employee
47 786
-
119 763
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
34 189
-
total
13 014
-
40 013
-
Employer
47 786
-
119 763
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
85 979
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.

12 898
22 350
-
-
total
12 898
22 350
-
-
Dividends
73 082
126 650
-
-
withholding
15 123
27 027
-
-
total
15 123
27 027
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 270
49 377
69 250
65 099
After tax
92 730
99 623
79 750
83 901
Living cost
34 773
34 773
34 773
34 773
Free-cash
57 957
64 850
44 977
49 128

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110372
₽105969
₽100398
₽104342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
31 579
Employee
22 540
-
142 219
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
14 222
-
health
1 037
-
1 590
-
total
5 518
-
19 227
-
Employer
22 540
-
142 219
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
122 037
149 000
-
-
income
12 203
14 900
-
-
total
12 203
14 900
-
-
Dividends
109 834
134 100
-
-
withholding
5 492
6 705
-
-
total
5 492
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
27 635
21 605
26 008
31 579
After tax
121 365
127 395
122 992
117 421
Living cost
17 023
17 023
17 023
17 023
Free-cash
104 342
110 372
105 969
100 398

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38525
₽58407
₽43626
₽51469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
43 254
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.

-
-
-
2 379
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.

-
-
-
6 760
trade
-
-
-
14 781
total
-
-
-
67 174
Employee

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

49 231
-
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.

223
-
2 379
-
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.

4 048
-
43 254
-
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.

6 760
-
6 760
-
total
11 031
-
52 393
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 769
149 000
-
-
income
14 965
22 350
-
-
surtax

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

822
1 230
-
-
chamber of commerce
297
368
-
-
trade
14 317
21 381
-
-
total
30 401
45 329
-
-
Dividends
69 368
103 672
-
-
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.

933
1 404
-
-
withholding
16 966
25 542
-
-
total
17 899
26 946
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 331
72 275
52 393
67 174
After tax
89 669
76 725
96 607
81 826
Living cost
38 200
38 200
38 200
38 200
Free-cash
51 469
38 525
58 407
43 626

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47938
₽25119
₽25119
₽50121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 246
social contributions
-
-
-
24 272
total
-
-
-
67 518
Employee
77 397
-
149 000
-
income
14 604
-
43 246
-
social contributions
6 430
-
24 272
-
total
21 034
-
67 518
-
Employer
77 397
-
149 000
-
total
-
-
-
-
Corporate
71 603
149 000
-
-
income
8 951
18 624
-
-
total
8 951
18 624
-
-
Dividends
62 653
130 376
-
-
withholding
12 531
26 075
-
-
total
12 531
26 075
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 516
44 699
67 518
67 518
After tax
106 484
104 301
81 482
81 482
Living cost
56 363
56 363
56 363
56 363
Free-cash
50 121
47 938
25 119
25 119

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55706
₽71569
₽78913
₽59162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
149 000
income
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
144 449
-
income
4 925
-
32 412
-
social contributions
4 548
-
4 551
-
total
9 473
-
36 963
-
Employer
45 390
-
144 449
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
99 063
149 000
-
-
income
34 673
52 150
-
-
total
34 673
52 150
-
-
Dividends
64 390
96 850
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 921
57 377
41 514
34 170
After tax
95 079
91 623
107 486
114 830
Living cost
35 917
35 917
35 917
35 917
Free-cash
59 162
55 706
71 569
78 913

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63572
₽50416
₽64037
₽69410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 966
pensions
-
-
-
8 377
total
-
-
-
48 343
Employee
50 266
-
130 388
-
pensions
3 837
-
10 483
-
income
9 154
-
30 883
-
health
656
-
1 987
-
total
13 647
-
43 353
-
Employer
50 266
-
130 388
-
health
955
-
2 477
-
pensions
5 078
-
16 134
-
total
6 033
-
18 611
-
Corporate
92 700
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.

17 613
28 311
-
-
total
17 613
28 311
-
-
Dividends
75 087
120 689
-
-
withholding
5 677
20 497
-
-
total
5 677
20 497
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 970
48 808
61 964
48 343
After tax
106 030
100 192
87 036
100 657
Living cost
36 620
36 620
36 620
36 620
Free-cash
69 410
63 572
50 416
64 037

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11820
₽56074
₽78067
₽8405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
253
income
-
-
-
40 059
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
47 044
Employee
37 578
-
132 493
-
pensions
4 231
-
7 651
-
income
5 155
-
29 709
-
health
4 303
-
15 170
-
total
13 689
-
52 530
-
Employer
37 578
-
132 493
-
pensions
6 110
-
11 048
-
accident
628
-
2 213
-
unemployment
921
-
3 246
-
total
7 659
-
16 507
-
Corporate
103 764
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.

93 387
134 100
-
-
total
93 387
134 100
-
-
Dividends
10 376
14 900
-
-
withholding
1 971
2 831
-
-
total
1 971
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
116 706
136 931
69 037
47 044
After tax
32 294
12 069
79 963
101 956
Living cost
23 889
23 889
23 889
23 889
Free-cash
8 405
-11 820
56 074
78 067

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽112014
₽89683
₽70473
₽107383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 183
unemployment
-
-
-
1 788
work injury
-
-
-
745
health insurance
-
-
-
11 026
pensions
-
-
-
27 416
total
-
-
-
65 158
Employee

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

21 391
-
149 000
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
24 183
-
total
8 022
-
45 948
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 609
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%.

1 276
1 490
-
-
total
1 276
1 490
-
-
Dividends
126 333
147 510
-
-
withholding
18 950
22 127
-
-
total
18 950
22 127
-
-
Income
149 000
149 000
149 000
149 000
Total tax
28 248
23 617
45 948
65 158
After tax
120 752
125 383
103 052
83 842
Living cost
13 369
13 369
13 369
13 369
Free-cash
107 383
112 014
89 683
70 473

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39066
₽24865
₽31512
₽34563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 323
regional
-
-
-
3 384
municipal
-
-
-
995
national
-
-
-
35 369
total
-
-
-
78 071
Employee
83 377
-
149 000
-
municipal
498
-
888
-
national
14 090
-
30 619
-
regional
1 259
-
2 969
-
social contributions
28 114
-
50 242
-
total
43 961
-
84 718
-
Employer
83 377
-
149 000
-
total
-
-
-
-
Corporate
65 623
149 000
-
-
municipal
3 164
7 182
-
-
nationa
15 750
35 760
-
-
total
18 914
42 942
-
-
Dividends
46 710
106 058
-
-
withholding
12 145
27 575
-
-
total
12 145
27 575
-
-
Income
149 000
149 000
149 000
149 000
Total tax
75 020
70 517
84 718
78 071
After tax
73 980
78 483
64 282
70 929
Living cost
39 417
39 417
39 417
39 417
Free-cash
34 563
39 066
24 865
31 512

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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