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
₽56817
₽46254
₽67205
₽50732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
trade
-
-
-
16 473
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.

-
-
-
43 925
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.

-
-
-
6 525
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.

-
-
-
2 416
total
-
-
-
69 339
Employee

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

36 530
-
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.

56
-
2 416
-
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.

6 525
-
6 525
-
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.

1 020
-
43 925
-
total
7 601
-
52 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 470
149 000
-
-
trade
17 713
23 468
-
-
income
16 870
22 349
-
-
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.

928
1 229
-
-
chamber of commerce
306
359
-
-
total
35 817
47 405
-
-
Dividends
76 652
101 595
-
-
withholding
18 801
25 035
-
-
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.

1 035
1 377
-
-
total
19 836
26 412
-
-
Income
149 000
149 000
149 000
149 000
Total tax
63 254
73 817
52 866
69 339
After tax
85 746
75 183
96 134
79 661
Living cost
28 929
28 929
28 929
28 929
Free-cash
56 817
46 254
67 205
50 732

Estimated living cost  is ₽28929 per week

₽18197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43099
₽43915
₽40397
₽39228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 880
municipal
-
-
-
16 171
national
-
-
-
25 058
total
-
-
-
60 711
Employee
76 054
-
128 809
-
national
14 557
-
25 952
-
municipal
9 394
-
16 748
-
pensions
3 042
-
5 152
-
total
26 993
-
47 852
-
Employer
76 054
-
128 809
-
pensions
6 084
-
10 305
-
social contributions
818
-
1 385
-
total
6 902
-
11 690
-
Corporate
61 025
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%.

12 205
29 800
-
-
total
12 205
29 800
-
-
Dividends
48 820
119 200
-
-
withholding
10 740
26 224
-
-
total
10 740
26 224
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 840
56 024
59 542
60 711
After tax
92 160
92 976
89 458
88 289
Living cost
49 061
49 061
49 061
49 061
Free-cash
43 099
43 915
40 397
39 228

Estimated living cost  is ₽49061 per week

₽33346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91497
₽99330
₽70182
₽29776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 594
income
-
-
-
24 765
microenterprise
-
-
-
-
surtax
-
-
-
37 995
total
-
-
-
99 354
Employee
27 908
-
108 053
-
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.

3 070
-
11 886
-
income
4 968
-
21 031
-
total
8 038
-
32 917
-
Employer
27 908
-
108 053
-
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.

6 722
-
26 031
-
surtax
-
-
-
-
total
6 722
-
26 031
-
Corporate
114 369
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%.

22 873
29 800
-
-
total
22 873
29 800
-
-
Dividends

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

91 496
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
37 633
29 800
58 948
99 354
After tax
111 367
119 200
90 052
49 646
Living cost
19 870
19 870
19 870
19 870
Free-cash
91 497
99 330
70 182
29 776

Estimated living cost  is ₽19870 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27621
₽33473
₽50994
₽43589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 434
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
65 401
Employee
81 561
81 561
131 251
-
health
12 519
10 648
11 777
-
pensions
14 681
11 190
11 190
-
income

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

13 350
13 350
17 280
-
total
40 550
35 188
40 247
-
Employer
81 561
81 561
131 251
-
pensions
5 677
5 677
7 056
-
unemployment
2 936
2 936
3 648
-
health
5 669
5 669
7 045
-
total
14 282
14 282
17 749
-
Corporate
54 158
53 157
-
-
income
10 831
10 632
-
-
total
10 831
10 632
-
-
Dividends
43 327
42 525
-
-
withholding
6 499
6 378
-
-
income
9 207
9 037
-
-
total
15 706
15 415
-
-
Income
149 000
149 000
149 000
149 000
Total tax
81 369
75 517
57 996
65 401
After tax
67 631
73 483
91 004
83 599
Living cost
40 010
40 010
40 010
40 010
Free-cash
27 621
33 473
50 994
43 589

Estimated living cost  is ₽40010 per week

₽28354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41075
₽41960
₽37698
₽38654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 032
unemployment
-
-
-
86
pensions
-
-
-
9 333
municipal
-
-
-
36 973
accident
-
-
-
173
national
-
-
-
8 968
health
-
-
-
5 387
total
-
-
-
70 952
Employee
56 132
-
121 873
-
national
-
-
8 439
-
municipal
16 739
-
36 342
-
total
16 739
-
44 781
-
Employer
56 132
-
121 873
-
other
6 523
-
10 032
-
accident
112
-
173
-
pensions
6 068
-
9 333
-
unemployment
1 482
-
2 279
-
health
3 452
-
5 310
-
total
17 637
-
27 127
-
Corporate
75 231
149 000
-
-
income
16 551
32 780
-
-
total
16 551
32 780
-
-
Dividends
58 680
116 220
-
-
withholding
17 604
34 866
-
-
total
17 604
34 866
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 531
67 646
71 908
70 952
After tax
80 469
81 354
77 092
78 048
Living cost
39 394
39 394
39 394
39 394
Free-cash
41 075
41 960
37 698
38 654

Estimated living cost  is ₽39394 per week

₽26109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50318
₽36896
₽58614
₽41408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
trade
-
-
-
17 206
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.

-
-
-
43 925
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.

-
-
-
6 525
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.

-
-
-
2 416
total
-
-
-
70 072
Employee

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

48 434
-
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.

228
-
2 416
-
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.

6 525
-
6 525
-
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.

4 161
-
43 925
-
total
10 914
-
52 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 566
149 000
-
-
trade
16 542
24 510
-
-
income
15 085
22 349
-
-
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.

830
1 229
-
-
chamber of commerce
288
357
-
-
total
32 745
48 445
-
-
Dividends
67 820
100 555
-
-
withholding
16 591
24 776
-
-
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.

912
1 363
-
-
total
17 503
26 139
-
-
Income
149 000
149 000
149 000
149 000
Total tax
61 162
74 584
52 866
70 072
After tax
87 838
74 416
96 134
78 928
Living cost
37 520
37 520
37 520
37 520
Free-cash
50 318
36 896
58 614
41 408

Estimated living cost  is ₽37520 per week

₽25093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
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.
₽7910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73821
₽77782
₽70466
₽71828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
26 942
health
-
-
-
3 799
total
-
-
-
46 194
Employee
73 442
73 442
138 221
-
health
730
1 249
2 349
-
social contributions
3 569
6 095
8 221
-
income
7 712
6 799
26 208
-
total
12 011
14 143
36 778
-
Employer
73 442
73 442
138 221
-
social contributions
3 569
6 095
8 221
-
health
796
1 359
2 557
-
total
4 365
7 454
10 778
-
Corporate
101 646
68 104
-
-
income
12 705
8 513
-
-
total
12 705
8 513
-
-
Dividends
88 941
59 591
-
-
withholding
15 120
10 130
-
-
total
15 120
10 130
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 201
40 240
47 556
46 194
After tax
104 799
108 760
101 444
102 806
Living cost
30 978
30 978
30 978
30 978
Free-cash
73 821
77 782
70 466
71 828

Estimated living cost  is ₽30978 per week

₽21177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66446
₽66078
₽68707
₽85551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 506
10 151
124 686
-
unemployment
383
152
1 870
-
health
1 785
711
8 728
-
pensions
2 551
1 015
12 469
-
income
3 118
1 241
15 243
-
total
7 837
3 119
38 310
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 506
10 151
124 686
-
pensions
4 974
1 979
24 314
-
total
4 974
1 979
24 314
-
Corporate
118 520
136 869
-
-
income
10 667
12 318
-
-
total
10 667
12 318
-
-
Dividends
107 853
124 551
-
-
withholding
20 492
23 665
-
-
social contributions
20 915
24 172
-
-
total
41 407
47 837
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 885
65 253
62 624
45 780
After tax
84 115
83 747
86 376
103 220
Living cost
17 669
17 669
17 669
17 669
Free-cash
66 446
66 078
68 707
85 551

Estimated living cost  is ₽17669 per week

₽12058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90199
₽96131
₽62810
₽56796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
19 966
pensions
-
-
-
29 799
health
-
-
-
19 370
total
-
-
-
69 135
Employee
27 094
-
111 359
-
unemployment
433
-
1 782
-
pensions
542
-
2 228
-
income
3 050
-
21 470
-
total
4 025
-
25 480
-
Employer
27 094
-
111 359
-
pensions
5 419
-
22 273
-
unemployment
217
-
892
-
health
3 522
-
14 476
-
total
9 158
-
37 641
-
Corporate
112 747
149 000
-
-
income
22 549
29 800
-
-
total
22 549
29 800
-
-
Dividends
90 199
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
35 732
29 800
63 121
69 135
After tax
113 268
119 200
85 879
79 865
Living cost
23 069
23 069
23 069
23 069
Free-cash
90 199
96 131
62 810
56 796

Estimated living cost  is ₽23069 per week

₽15823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽8773
-₽9416
₽58641
₽80455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
40 258
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
47 060
Employee
33 797
-
132 770
-
health
3 870
-
15 202
-
pensions
3 806
-
7 451
-
income
4 637
-
29 992
-
total
12 313
-
52 645
-
Employer
33 797
-
132 770
-
accident
564
-
2 217
-
pensions
5 496
-
10 759
-
unemployment
828
-
3 253
-
total
6 888
-
16 229
-
Corporate
108 315
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.

97 483
134 100
-
-
total
97 483
134 100
-
-
Dividends
10 832
14 900
-
-
withholding
2 058
2 831
-
-
total
2 058
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 742
136 931
68 874
47 060
After tax
30 258
12 069
80 126
101 940
Living cost
21 485
21 485
21 485
21 485
Free-cash
8 773
-9 416
58 641
80 455

Estimated living cost  is ₽21485 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽132259
₽133726
₽111376
₽139686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 780
-
149 000
-
income
1 956
-
29 800
-
total
1 956
-
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%.

139 220
149 000
-
-
total
-
-
-
-
Dividends
139 220
149 000
-
-
withholding
6 961
7 450
-
-
total
6 961
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
8 917
7 450
29 800
1 490
After tax
140 083
141 550
119 200
147 510
Living cost
7 824
7 824
7 824
7 824
Free-cash
132 259
133 726
111 376
139 686

Estimated living cost  is ₽7824 per week

₽4849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77572
₽84022
₽59458
₽54234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 898
income
-
-
-
21 171
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.

-
-
-
34 857
health
-
-
-
6 391
total
-
-
-
69 317
Employee
34 678
-
119 009
-
unemployment
346
-
1 191
-
health
486
-
1 666
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 427
-
8 330
-
income
5 970
-
22 915
-
total
9 229
-
34 102
-
Employer
34 678
-
119 009
-
other
1 735
-
5 950
-
accident
277
-
952
-
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.

5 896
-
20 232
-
unemployment
346
-
1 191
-
health
486
-
1 666
-
total
8 740
-
29 991
-
Corporate
105 582
149 000
-
-
income
22 172
31 290
-
-
total
22 172
31 290
-
-
Dividends
83 410
117 710
-
-
withholding
5 838
8 239
-
-
total
5 838
8 239
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 979
39 529
64 093
69 317
After tax
103 021
109 471
84 907
79 683
Living cost
25 449
25 449
25 449
25 449
Free-cash
77 572
84 022
59 458
54 234

Estimated living cost  is ₽25449 per week

₽17981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35857
₽36453
₽23602
₽37181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
40 822
pensions
-
-
-
8 127
total
-
-
-
48 949
Employee
88 951
-
130 314
-
health
1 466
-
1 955
-
pensions
8 581
-
10 116
-
income
16 034
-
31 771
-
total
26 081
-
43 842
-
Employer
88 951
-
130 314
-
pensions
10 503
-
16 210
-
health
1 689
-
2 476
-
total
12 192
-
18 686
-
Corporate
47 857
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.

9 093
28 309
-
-
total
9 093
28 309
-
-
Dividends
38 764
120 691
-
-
withholding
2 907
21 368
-
-
total
2 907
21 368
-
-
Income
149 000
149 000
149 000
149 000
Total tax
50 273
49 677
62 528
48 949
After tax
98 727
99 323
86 472
100 051
Living cost
62 870
62 870
62 870
62 870
Free-cash
35 857
36 453
23 602
37 181

Estimated living cost  is ₽62870 per week

₽47109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽110437
₽114874
₽110858
₽105223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
133
income
-
-
-
22 350
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
31 256
Employee
16 580
-
142 455
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
763
-
1 534
-
pensions

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

1 456
-
2 929
-
income
1 658
-
14 246
-
total
4 060
-
19 076
-
Employer
16 580
-
142 455
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 827
-
3 676
-
unemployment
99
-
200
-
health
1 144
-
2 302
-
total
3 253
-
6 545
-
Corporate
129 167
149 000
-
-
income
12 916
14 900
-
-
total
12 916
14 900
-
-
Dividends
116 250
134 100
-
-
withholding
5 813
6 705
-
-
total
5 813
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
26 042
21 605
25 621
31 256
After tax
122 958
127 395
123 379
117 744
Living cost
12 521
12 521
12 521
12 521
Free-cash
110 437
114 874
110 858
105 223

Estimated living cost  is ₽12521 per week

₽7310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22924
₽20522
₽38043
₽30638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 434
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
65 401
Employee
88 549
81 561
131 251
-
health
11 047
10 648
11 777
-
pensions
11 190
11 190
11 190
-
income

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

13 350
13 350
17 280
-
total
35 587
35 188
40 247
-
Employer
88 549
81 561
131 251
-
pensions
6 162
5 677
7 056
-
unemployment
3 188
2 936
3 648
-
health
6 153
5 669
7 045
-
total
15 503
14 282
17 749
-
Corporate
44 948
53 157
-
-
income
8 990
10 632
-
-
total
8 990
10 632
-
-
Dividends
35 958
42 525
-
-
withholding
5 394
6 378
-
-
income
7 641
9 037
-
-
total
13 035
15 415
-
-
Income
149 000
149 000
149 000
149 000
Total tax
73 115
75 517
57 996
65 401
After tax
75 885
73 483
91 004
83 599
Living cost
52 961
52 961
52 961
52 961
Free-cash
22 924
20 522
38 043
30 638

Estimated living cost  is ₽52961 per week

₽39068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70401
₽78865
₽51890
₽56816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
14 212
health
-
-
-
20 115
solidarity contribution
-
-
-
-
total
-
-
-
68 462
Employee
34 885
-
111 194
-
solidarity contribution
-
-
-
-
health
4 710
-
15 011
-
social contributions
2 268
-
7 228
-
income
4 186
-
13 343
-
total
11 164
-
35 582
-
Employer
34 885
-
111 194
-
social contributions
8 721
-
27 799
-
health
3 140
-
10 007
-
total
11 861
-
37 806
-
Corporate
102 254
149 000
-
-
income
19 428
28 310
-
-
total
19 428
28 310
-
-
Dividends
82 826
120 690
-
-
withholding
12 424
18 103
-
-
total
12 424
18 103
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 877
46 413
73 388
68 462
After tax
94 123
102 587
75 612
80 538
Living cost
23 722
23 722
23 722
23 722
Free-cash
70 401
78 865
51 890
56 816

Estimated living cost  is ₽23722 per week

₽16477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34210
₽39196
₽25276
₽32033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 739
social contributions
-
-
-
38 323
municipal
-
-
-
886
national
-
-
-
35 718
total
-
-
-
76 666
Employee
84 882
-
149 000
-
national
14 708
-
30 857
-
regional
801
-
1 533
-
municipal
449
-
790
-
social contributions
28 622
-
50 243
-
total
44 580
-
83 423
-
Employer
84 882
-
149 000
-
total
-
-
-
-
Corporate
64 118
149 000
-
-
nationa
15 388
35 760
-
-
municipal
2 501
5 811
-
-
total
17 889
41 571
-
-
Dividends
46 229
107 429
-
-
withholding
12 020
27 932
-
-
total
12 020
27 932
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 489
69 503
83 423
76 666
After tax
74 511
79 497
65 577
72 334
Living cost
40 301
40 301
40 301
40 301
Free-cash
34 210
39 196
25 276
32 033

Estimated living cost  is ₽40301 per week

₽28093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69672
₽72646
₽44379
₽49635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
37 995
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
5 533
total
-
-
-
78 289
Employee
31 584
-
123 089
-
surtax
103
-
4 703
-
unemployment
2 199
-
8 567
-
other
-
-
-
-
health
807
-
3 139
-
pensions
2 106
-
8 210
-
income
5 294
-
33 016
-
total
10 509
-
57 635
-
Employer
31 584
-
123 089
-
other
-
-
-
-
pensions
4 210
-
16 408
-
unemployment
1 000
-
3 902
-
health
1 437
-
5 600
-
total
6 647
-
25 910
-
Corporate
110 768
149 000
-
-
income
28 800
38 739
-
-
total
28 800
38 739
-
-
Dividends
81 968
110 261
-
-
withholding
12 296
16 539
-
-
total
12 296
16 539
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 252
55 278
83 545
78 289
After tax
90 748
93 722
65 455
70 711
Living cost
21 076
21 076
21 076
21 076
Free-cash
69 672
72 646
44 379
49 635

Estimated living cost  is ₽21076 per week

₽12887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61291
₽56372
₽43521
₽57100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
40 822
pensions
-
-
-
8 127
total
-
-
-
48 949
Employee
59 613
-
130 314
-
health
865
-
1 955
-
pensions
5 060
-
10 116
-
income
10 737
-
31 771
-
total
16 662
-
43 842
-
Employer
59 613
-
130 314
-
pensions
6 453
-
16 210
-
health
1 132
-
2 476
-
total
7 585
-
18 686
-
Corporate
81 802
149 000
-
-
income

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

15 542
28 309
-
-
total
15 542
28 309
-
-
Dividends
66 260
120 691
-
-
withholding
4 969
21 368
-
-
total
4 969
21 368
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 758
49 677
62 528
48 949
After tax
104 242
99 323
86 472
100 051
Living cost
42 951
42 951
42 951
42 951
Free-cash
61 291
56 372
43 521
57 100

Estimated living cost  is ₽42951 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24787
-₽7632
₽38820
₽46060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 979
city
-
-
-
1 570
regional
-
-
-
6 718
pensions
-
-
-
13 708
national
-
-
-
1 863
health
-
-
-
335
total
-
-
-
27 173
Employee
88 667
-
133 362
-
national
420
-
1 518
-
unemployment
-
-
-
-
city
952
-
1 432
-
regional
2 903
-
5 789
-
health
200
-
300
-
pensions
7 449
-
11 203
-
total
11 924
-
20 242
-
Employer
88 667
-
133 362
-
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.

1 773
-
2 668
-
pensions
7 449
-
11 203
-
unemployment
-
-
-
-
health
200
-
300
-
total
9 422
-
14 171
-
Corporate
49 935
149 000
-
-
regional
10 561
31 513
-
-
national
4 244
12 664
-
-
total
14 805
44 177
-
-
Dividends
35 130
104 822
-
-
withholding
12 295
36 688
-
-
total
12 295
36 688
-
-
Income
149 000
149 000
149 000
149 000
Total tax
48 446
80 865
34 413
27 173
After tax
100 554
68 135
114 587
121 827
Living cost
75 767
75 767
75 767
75 767
Free-cash
24 787
-7 632
38 820
46 060

Estimated living cost  is ₽75767 per week

₽49270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽930
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45382
₽29897
₽52381
₽34443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
trade
-
-
-
17 938
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.

-
-
-
43 925
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.

-
-
-
6 525
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.

-
-
-
2 416
total
-
-
-
70 804
Employee

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

57 399
-
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.

372
-
2 416
-
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.

6 525
-
6 525
-
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.

6 750
-
43 925
-
total
13 647
-
52 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 601
149 000
-
-
trade
15 710
25 554
-
-
income
13 740
22 349
-
-
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.

756
1 229
-
-
chamber of commerce
274
355
-
-
total
30 480
49 487
-
-
Dividends
61 121
99 513
-
-
withholding
14 917
24 515
-
-
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.

821
1 348
-
-
total
15 738
25 863
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 865
75 350
52 866
70 804
After tax
89 135
73 650
96 134
78 196
Living cost
43 753
43 753
43 753
43 753
Free-cash
45 382
29 897
52 381
34 443

Estimated living cost  is ₽43753 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
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.
₽7730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48061
₽42420
₽51351
₽51602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 618
social contributions
-
-
-
4 245
income
-
-
-
21 756
pensions
-
-
-
28 402
health
-
-
-
5 700
surtax
-
-
-
-
total
-
-
-
64 721
Employee
40 876
-
116 532
-
surtax
-
-
-
-
pensions
4 622
-
7 600
-
social contributions
1 165
-
3 320
-
income
2 412
-
21 582
-
total
8 199
-
32 502
-
Employer
40 876
-
116 532
-
other
1 410
-
4 331
-
pensions
6 715
-
12 884
-
unemployment
1 655
-
4 720
-
social contributions
123
-
350
-
health
2 862
-
10 185
-
total
12 765
-
32 470
-
Corporate
95 359
149 000
-
-
income
26 701
41 719
-
-
surtax
-
-
-
-
total
26 701
41 719
-
-
Dividends
68 657
107 281
-
-
withholding
8 789
13 731
-
-
social contributions
11 808
18 453
-
-
surtax
-
-
-
-
total
20 597
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 262
73 903
64 972
64 721
After tax
80 738
75 097
84 028
84 279
Living cost
32 677
32 677
32 677
32 677
Free-cash
48 061
42 420
51 351
51 602

Estimated living cost  is ₽32677 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50961
₽45658
₽54589
₽54840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 618
social contributions
-
-
-
4 245
income
-
-
-
21 756
pensions
-
-
-
28 402
health
-
-
-
5 700
surtax
-
-
-
-
total
-
-
-
64 721
Employee
36 488
-
116 532
-
surtax
-
-
-
-
pensions
4 127
-
7 600
-
social contributions
1 040
-
3 320
-
income
1 881
-
21 582
-
total
7 048
-
32 502
-
Employer
36 488
-
116 532
-
other
1 260
-
4 331
-
pensions
5 996
-
12 884
-
unemployment
1 477
-
4 720
-
social contributions
109
-
350
-
health
2 554
-
10 185
-
total
11 396
-
32 470
-
Corporate
101 117
149 000
-
-
income
28 312
41 719
-
-
surtax
-
-
-
-
total
28 312
41 719
-
-
Dividends
72 805
107 281
-
-
withholding
9 320
13 731
-
-
social contributions
12 524
18 453
-
-
surtax
-
-
-
-
total
21 844
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 600
73 903
64 972
64 721
After tax
80 400
75 097
84 028
84 279
Living cost
29 439
29 439
29 439
29 439
Free-cash
50 961
45 658
54 589
54 840

Estimated living cost  is ₽29439 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71146
₽70651
₽72928
₽75437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 562
income
-
-
-
22 349
health
-
-
-
10 400
total
-
-
-
53 311
Employee
32 383
-
149 000
-
health
2 260
-
10 400
-
social contributions
4 470
-
20 562
-
income
5 401
-
24 858
-
total
12 131
-
55 820
-
Employer
32 383
-
149 000
-
total
-
-
-
-
Corporate
116 617
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%.

5 831
7 449
-
-
total
5 831
7 449
-
-
Dividends
110 786
141 551
-
-
health
7 734
9 880
-
-
withholding
16 618
21 233
-
-
social contributions
15 288
19 535
-
-
total
39 640
50 648
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 602
58 097
55 820
53 311
After tax
91 398
90 903
93 180
95 689
Living cost
20 252
20 252
20 252
20 252
Free-cash
71 146
70 651
72 928
75 437

Estimated living cost  is ₽20252 per week

₽13554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47494
₽48972
₽5346
₽42767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
596
unemployment
-
-
-
5 858
income
-
-
-
36 760
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
188
total
-
-
-
72 579
Employee
47 731
38 062
116 350
-
unemployment
1 432
1 142
3 348
-
other
477
381
1 116
-
health
1 847
1 474
4 317
-
pensions
4 888
3 897
11 426
-
income
5 434
2 807
28 961
-
total
14 078
9 701
49 168
-
Employer
47 731
38 062
116 350
-
payroll
1 432
1 142
3 491
-
other
2 267
1 807
5 486
-
accident
620
495
1 450
-
pensions
5 990
4 778
14 003
-
unemployment
1 432
1 142
3 348
-
chamber of commerce
190
152
466
-
surtax
188
188
188
-
health
1 803
1 439
4 218
-
total
13 922
11 143
32 650
-
Corporate
87 346
99 795
112 725
-
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.

21 836
24 948
28 182
-
total
21 836
24 948
28 182
-
Dividends
65 509
74 847
-
-
withholding
18 016
20 582
-
-
total
18 016
20 582
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 852
66 374
110 000
72 579
After tax
81 148
82 626
39 000
76 421
Living cost
33 654
33 654
33 654
33 654
Free-cash
47 494
48 972
5 346
42 767

Estimated living cost  is ₽33654 per week

₽22445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2871
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.
₽7785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34222
₽48548
₽18710
₽29920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 194
national
-
-
-
53 513
communal

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

-
-
-
7 549
total
-
-
-
84 256
Employee

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

68 318
-
115 404
-
national
21 004
-
40 771
-
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.

594
-
1 004
-
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.

3 210
-
5 423
-
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.

5 124
-
8 654
-
communal

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

3 563
-
6 019
-
total
33 495
-
61 871
-
Employer

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

68 318
-
115 404
-
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.

888
-
1 501
-
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.

6 054
-
10 224
-
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.

997
-
1 686
-
surtax
7 746
-
13 086
-
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.

4 201
-
7 098
-
total
19 886
-
33 595
-
Corporate
60 796
149 000
-
-
income
12 160
29 800
-
-
surtax
243
596
-
-
total
12 403
30 396
-
-
Dividends
48 393
118 603
-
-
withholding

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

14 170
35 232
-
-
total
14 170
35 232
-
-
Income
149 000
149 000
149 000
149 000
Total tax
79 954
65 628
95 466
84 256
After tax
69 046
83 372
53 534
64 744
Living cost
34 824
34 824
34 824
34 824
Free-cash
34 222
48 548
18 710
29 920

Estimated living cost  is ₽34824 per week

₽22431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58169
₽65059
₽45335
₽49342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
38 608
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
65 166
Employee
47 542
-
120 778
-
unemployment
738
-
1 372
-
other
47
-
89
-
pensions
2 235
-
4 161
-
income
10 031
-
35 329
-
total
13 051
-
40 951
-
Employer
47 542
-
120 778
-
other
379
-
709
-
accident
941
-
1 753
-
pensions
11 219
-
20 892
-
unemployment
2 615
-
4 868
-
total
15 154
-
28 222
-
Corporate
86 304
149 000
-
-
income

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

12 946
22 349
-
-
total
12 946
22 349
-
-
Dividends
73 358
126 651
-
-
withholding
15 188
27 100
-
-
total
15 188
27 100
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 339
49 449
69 173
65 166
After tax
92 661
99 551
79 827
83 834
Living cost
34 492
34 492
34 492
34 492
Free-cash
58 169
65 059
45 335
49 342

Estimated living cost  is ₽34492 per week

₽25400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25114
₽36376
₽29858
₽23915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 318
pensions
-
-
-
22 333
accident
-
-
-
1 256
communal
-
-
-
9 418
health
-
-
-
10 469
surtax
-
-
-
7 388
total
-
-
-
73 182
Employee
72 328
-
133 094
-
surtax
4 433
-
8 156
-
health
3 219
-
5 923
-
pensions
5 785
-
10 648
-
income
6 986
-
26 606
-
total
20 423
-
51 333
-
Employer
72 328
-
133 094
-
accident
651
-
1 198
-
pensions
5 785
-
10 648
-
health
2 206
-
4 060
-
total
8 642
-
15 906
-
Corporate
68 030
149 000
-
-
income
10 204
22 349
-
-
communal
4 593
10 057
-
-
surtax
714
1 564
-
-
total
15 511
33 970
-
-
Dividends
52 519
115 029
-
-
withholding
7 879
17 255
-
-
income
19 528
9 496
-
-
total
27 407
26 751
-
-
Income
149 000
149 000
149 000
149 000
Total tax
71 983
60 721
67 239
73 182
After tax
77 017
88 279
81 761
75 818
Living cost
51 903
51 903
51 903
51 903
Free-cash
25 114
36 376
29 858
23 915

Estimated living cost  is ₽51903 per week

₽38935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69231
₽72270
₽44003
₽49259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
37 995
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
5 533
total
-
-
-
78 289
Employee
32 164
-
123 089
-
surtax
114
-
4 703
-
unemployment
2 238
-
8 567
-
other
-
-
-
-
health
821
-
3 139
-
pensions
2 146
-
8 210
-
income
5 392
-
33 016
-
total
10 711
-
57 635
-
Employer
32 164
-
123 089
-
other
-
-
-
-
pensions
4 288
-
16 408
-
unemployment
1 020
-
3 902
-
health
1 463
-
5 600
-
total
6 771
-
25 910
-
Corporate
110 065
149 000
-
-
income
28 617
38 739
-
-
total
28 617
38 739
-
-
Dividends
81 448
110 261
-
-
withholding
12 218
16 539
-
-
total
12 218
16 539
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 317
55 278
83 545
78 289
After tax
90 683
93 722
65 455
70 711
Living cost
21 452
21 452
21 452
21 452
Free-cash
69 231
72 270
44 003
49 259

Estimated living cost  is ₽21452 per week

₽12952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50470
₽52589
₽39377
₽46098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 247
social contributions
-
-
-
38 323
municipal
-
-
-
886
national
-
-
-
35 718
total
-
-
-
77 174
Employee
52 980
-
149 000
-
national
8 393
-
30 857
-
regional
713
-
2 005
-
municipal
281
-
790
-
social contributions
17 865
-
50 243
-
total
27 252
-
83 895
-
Employer
52 980
-
149 000
-
total
-
-
-
-
Corporate
96 020
149 000
-
-
nationa
23 045
35 760
-
-
municipal
4 772
7 406
-
-
total
27 817
43 166
-
-
Dividends
68 202
105 835
-
-
withholding
17 733
27 517
-
-
total
17 733
27 517
-
-
Income
149 000
149 000
149 000
149 000
Total tax
72 802
70 683
83 895
77 174
After tax
76 198
78 317
65 105
71 826
Living cost
25 728
25 728
25 728
25 728
Free-cash
50 470
52 589
39 377
46 098

Estimated living cost  is ₽25728 per week

₽16000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62927
₽73355
₽46380
₽51306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
14 212
health
-
-
-
20 115
solidarity contribution
-
-
-
-
total
-
-
-
68 462
Employee
42 988
-
111 194
-
solidarity contribution
-
-
-
-
health
5 803
-
15 011
-
social contributions
2 794
-
7 228
-
income
5 158
-
13 343
-
total
13 755
-
35 582
-
Employer
42 988
-
111 194
-
social contributions
10 747
-
27 799
-
health
3 869
-
10 007
-
total
14 616
-
37 806
-
Corporate
91 397
149 000
-
-
income
17 365
28 310
-
-
total
17 365
28 310
-
-
Dividends
74 031
120 690
-
-
withholding
11 105
18 103
-
-
total
11 105
18 103
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 841
46 413
73 388
68 462
After tax
92 159
102 587
75 612
80 538
Living cost
29 232
29 232
29 232
29 232
Free-cash
62 927
73 355
46 380
51 306

Estimated living cost  is ₽29232 per week

₽21738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51785
₽52255
₽8588
₽46138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
596
unemployment
-
-
-
5 858
income
-
-
-
36 760
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
-
total
-
-
-
72 391
Employee
41 750
38 062
116 528
-
unemployment
1 252
1 142
3 348
-
other
417
381
1 116
-
health
1 615
1 474
4 317
-
pensions
4 276
3 897
11 426
-
income
3 719
2 807
29 036
-
total
11 279
9 701
49 243
-
Employer
41 750
38 062
116 528
-
payroll
1 252
1 142
3 496
-
other
1 983
1 807
5 492
-
accident
542
495
1 450
-
pensions
5 240
4 778
14 003
-
unemployment
1 252
1 142
3 348
-
chamber of commerce
167
152
466
-
surtax
-
-
-
-
health
1 579
1 439
4 218
-
total
12 015
10 955
32 473
-
Corporate
95 236
99 984
112 903
-
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.

23 808
24 996
28 225
-
total
23 808
24 996
28 225
-
Dividends
71 427
74 988
-
-
withholding
19 642
20 622
-
-
total
19 642
20 622
-
-
Income
149 000
149 000
149 000
149 000
Total tax
66 744
66 274
109 941
72 391
After tax
82 256
82 726
39 059
76 609
Living cost
30 471
30 471
30 471
30 471
Free-cash
51 785
52 255
8 588
46 138

Estimated living cost  is ₽30471 per week

₽18279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127071
₽129357
₽107007
₽135317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 241
-
149 000
-
income
3 048
-
29 800
-
total
3 048
-
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%.

133 759
149 000
-
-
total
-
-
-
-
Dividends
133 759
149 000
-
-
withholding
6 688
7 450
-
-
total
6 688
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
9 736
7 450
29 800
1 490
After tax
139 264
141 550
119 200
147 510
Living cost
12 193
12 193
12 193
12 193
Free-cash
127 071
129 357
107 007
135 317

Estimated living cost  is ₽12193 per week

₽8251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68981
₽76968
₽44184
₽48132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
149 000
unemployment
-
-
-
223
income
-
-
-
33 156
pensions
-
-
-
27 210
health
-
-
-
14 661
total
-
-
-
75 250
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.

42 234
-
128 927
-
unemployment
60
-
181
-
health
2 728
-
8 328
-
pensions
6 547
-
19 984
-
income
7 283
-
30 632
-
total
16 618
-
59 125
-
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.

42 234
-
128 927
-
pensions
3 737
-
11 409
-
unemployment
25
-
78
-
health
2 813
-
8 586
-
total
6 575
-
20 073
-
Corporate
100 190
149 000
-
-
income
19 036
28 311
-
-
total
19 036
28 311
-
-
Dividends
81 154
120 689
-
-
withholding
12 172
18 103
-
-
total
12 172
18 103
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 401
46 414
79 198
75 250
After tax
94 599
102 586
69 802
73 750
Living cost
25 618
25 618
25 618
25 618
Free-cash
68 981
76 968
44 184
48 132

Estimated living cost  is ₽25618 per week

₽17581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5232
₽50022
₽95982
₽62341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
16 986
income
-
-
-
29 043
total
-
-
-
46 029
Employee
58 258
-
-
-
social contributions
4 777
-
681
-
income
12 851
-
-
-
total
17 628
-
681
-
Employer
58 258
-
-
-
social contributions
82 144
-
11 707
-
total
82 144
-
11 707
-
Corporate
8 598
149 000
-
-
income
1 891
32 780
-
-
total
1 891
32 780
-
-
Dividends
6 706
116 220
-
-
income
1 475
25 568
-
-
total
1 475
25 568
-
-
Income
149 000
149 000
149 000
149 000
Total tax
103 138
58 348
12 388
46 029
After tax
45 862
90 652
136 612
102 971
Living cost
40 630
40 630
40 630
40 630
Free-cash
5 232
50 022
95 982
62 341

Estimated living cost  is ₽40630 per week

₽26363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
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.
₽9929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53831
₽54792
₽39777
₽50526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
social contributions

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

-
-
-
51 778
income
-
-
-
16 738
surtax
-
-
-
-
total
-
-
-
68 516
Employee
43 927
-
120 403
-
surtax
-
-
-
-
social contributions
4 832
-
13 244
-
income
9 137
-
37 426
-
total
13 969
-
50 670
-
Employer
43 927
-
120 403
-
social contributions
10 433
-
28 595
-
total
10 433
-
28 595
-
Corporate
94 641
149 000
-
-
income
19 875
31 290
-
-
surtax
-
-
-
-
total
19 875
31 290
-
-
Dividends
74 766
117 710
-
-
withholding
20 934
32 960
-
-
total
20 934
32 960
-
-
Income
149 000
149 000
149 000
149 000
Total tax
65 211
64 250
79 265
68 516
After tax
83 789
84 750
69 735
80 484
Living cost
29 958
29 958
29 958
29 958
Free-cash
53 831
54 792
39 777
50 526

Estimated living cost  is ₽29958 per week

₽22415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Lisbon model

Close
Paris , France
₽35532
₽28968
₽37899
₽38150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 618
social contributions
-
-
-
4 245
income
-
-
-
21 756
pensions
-
-
-
28 402
health
-
-
-
5 700
surtax
-
-
-
-
total
-
-
-
64 721
Employee
59 819
-
116 532
-
surtax
-
-
-
-
pensions
6 766
-
7 600
-
social contributions
1 704
-
3 320
-
income
5 219
-
21 582
-
total
13 689
-
32 502
-
Employer
59 819
-
116 532
-
other
2 064
-
4 331
-
pensions
9 829
-
12 884
-
unemployment
2 423
-
4 720
-
social contributions
179
-
350
-
health
4 187
-
10 185
-
total
18 682
-
32 470
-
Corporate
70 498
149 000
-
-
income
19 739
41 719
-
-
surtax
-
-
-
-
total
19 739
41 719
-
-
Dividends
50 759
107 281
-
-
withholding
6 498
13 731
-
-
social contributions
8 731
18 453
-
-
surtax
-
-
-
-
total
15 229
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 339
73 903
64 972
64 721
After tax
81 661
75 097
84 028
84 279
Living cost
46 129
46 129
46 129
46 129
Free-cash
35 532
28 968
37 899
38 150

Estimated living cost  is ₽46129 per week

₽31220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102181
₽105390
₽85649
₽81688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 822
social contributions
-
-
-
32 780
total
-
-
-
38 602
Employee
30 705
-
129 005
-
social contributions
1 996
-
8 384
-
income
-
-
6 262
-
total
1 996
-
14 646
-
Employer
30 705
-
129 005
-
social contributions
4 760
-
19 995
-
total
4 760
-
19 995
-
Corporate
113 535
149 000
-
-
income
11 353
14 900
-
-
total
11 353
14 900
-
-
Dividends
102 182
134 100
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
18 109
14 900
34 641
38 602
After tax
130 891
134 100
114 359
110 398
Living cost
28 710
28 710
28 710
28 710
Free-cash
102 181
105 390
85 649
81 688

Estimated living cost  is ₽28710 per week

₽18563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58819
-₽58819
-₽58819
₽43038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
827
municipal
-
-
-
30 473
labour market
-
-
-
11 854
national
-
-
-
16 871
total
-
-
-
60 025
Employee
193 887
193 887
193 887
-
national
23 687
23 687
23 687
-
municipal
41 287
41 287
41 287
-
labour market
15 489
15 489
15 489
-
pensions
276
276
276
-
total
80 739
80 739
80 739
-
Employer
193 887
193 887
193 887
-
municipal
41 353
41 353
41 353
-
pensions
551
551
551
-
national
23 728
23 728
23 728
-
labour market
15 511
15 511
15 511
-
total
81 143
81 143
81 143
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
161 882
161 882
161 882
60 025
After tax
-12 882
-12 882
-12 882
88 975
Living cost
45 937
45 937
45 937
45 937
Free-cash
-58 819
-58 819
-58 819
43 038

Estimated living cost  is ₽45937 per week

₽31439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8823
-₽9099
₽58958
₽80772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
40 258
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
47 060
Employee
33 299
-
132 770
-
health
3 813
-
15 202
-
pensions
3 750
-
7 451
-
income
4 568
-
29 992
-
total
12 131
-
52 645
-
Employer
33 299
-
132 770
-
accident
556
-
2 217
-
pensions
5 414
-
10 759
-
unemployment
816
-
3 253
-
total
6 786
-
16 229
-
Corporate
108 915
149 000
-
-
income

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

98 023
134 100
-
-
total
98 023
134 100
-
-
Dividends
10 891
14 900
-
-
withholding
2 069
2 831
-
-
total
2 069
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
119 009
136 931
68 874
47 060
After tax
29 991
12 069
80 126
101 940
Living cost
21 168
21 168
21 168
21 168
Free-cash
8 823
-9 099
58 958
80 772

Estimated living cost  is ₽21168 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽59833
₽57892
₽42717
₽62232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
149 000
municipal
-
-
-
26 478
national
-
-
-
21 726
health
-
-
-
1 896
total
-
-
-
50 100
Employee
50 249
-
125 346
-
national
830
-
13 662
-
unemployment
754
-
1 880
-
health
375
-
1 532
-
municipal
8 230
-
20 425
-
pensions
3 391
-
8 461
-
total
13 580
-
45 960
-
Employer
50 249
-
125 346
-
accident
51
-
125
-
pensions
8 718
-
21 748
-
unemployment
326
-
816
-
health
386
-
966
-
total
9 481
-
23 655
-
Corporate
89 270
149 000
-
-
income
17 855
29 800
-
-
total
17 855
29 800
-
-
Dividends

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

53 562
89 400
-
-
municipal
9 640
16 093
-
-
national
1 943
8 547
-
-
total
11 583
24 640
-
-
Income
149 000
149 000
149 000
149 000
Total tax
52 499
54 440
69 615
50 100
After tax
96 501
94 560
79 385
98 900
Living cost
36 668
36 668
36 668
36 668
Free-cash
59 833
57 892
42 717
62 232

Estimated living cost  is ₽36668 per week

₽23952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81448
₽86647
₽79331
₽80693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
26 942
health
-
-
-
3 799
total
-
-
-
46 194
Employee
73 442
73 442
138 221
-
health
569
1 249
2 349
-
social contributions
2 777
6 095
8 221
-
income
7 997
6 799
26 208
-
total
11 343
14 143
36 778
-
Employer
73 442
73 442
138 221
-
social contributions
2 777
6 095
8 221
-
health
618
1 359
2 557
-
total
3 395
7 454
10 778
-
Corporate
112 150
68 104
-
-
income
14 019
8 513
-
-
total
14 019
8 513
-
-
Dividends
98 131
59 591
-
-
withholding
16 682
10 130
-
-
total
16 682
10 130
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 439
40 240
47 556
46 194
After tax
103 561
108 760
101 444
102 806
Living cost
22 113
22 113
22 113
22 113
Free-cash
81 448
86 647
79 331
80 693

Estimated living cost  is ₽22113 per week

₽13253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103365
₽108223
₽90120
₽109276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
149 000
unemployment
-
-
-
27
income
-
-
-
15 002
pensions
-
-
-
6 075
health
-
-
-
3 456
total
-
-
-
24 560
Employee

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

21 923
-
139 666
-
unemployment
109
-
453
-
health
1 863
-
7 703
-
pensions
3 288
-
13 593
-
income
1 499
-
12 633
-
total
6 759
-
34 382
-
Employer

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

21 923
-
139 666
-
pensions
1 205
-
4 984
-
unemployment
109
-
453
-
health
942
-
3 897
-
total
2 256
-
9 334
-
Corporate
124 821
149 000
-
-
income
11 234
13 410
-
-
total
11 234
13 410
-
-
Dividends
113 587
135 590
-
-
withholding
10 222
12 203
-
-
total
10 222
12 203
-
-
Income
149 000
149 000
149 000
149 000
Total tax
30 471
25 613
43 716
24 560
After tax
118 529
123 387
105 284
124 440
Living cost
15 164
15 164
15 164
15 164
Free-cash
103 365
108 223
90 120
109 276

Estimated living cost  is ₽15164 per week

₽9675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68998
₽73287
₽53563
₽57570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
38 608
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
65 166
Employee
35 315
-
120 778
-
unemployment
547
-
1 372
-
other
34
-
89
-
pensions
1 660
-
4 161
-
income
6 808
-
35 329
-
total
9 049
-
40 951
-
Employer
35 315
-
120 778
-
other
283
-
709
-
accident
700
-
1 753
-
pensions
8 334
-
20 892
-
unemployment
1 943
-
4 868
-
total
11 260
-
28 222
-
Corporate
102 426
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.

15 364
22 349
-
-
total
15 364
22 349
-
-
Dividends
87 062
126 651
-
-
withholding
18 065
27 100
-
-
total
18 065
27 100
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 738
49 449
69 173
65 166
After tax
95 262
99 551
79 827
83 834
Living cost
26 264
26 264
26 264
26 264
Free-cash
68 998
73 287
53 563
57 570

Estimated living cost  is ₽26264 per week

₽17728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
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.
₽5552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90869
₽91166
₽93849
₽93978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 935
pensions
-
-
-
1 320
health
-
-
-
957
total
-
-
-
53 212
Employee
2 757
-
147 515
-
unemployment
28
-
66
-
health
138
-
330
-
pensions
248
-
594
-
income
533
-
50 866
-
total
947
-
51 856
-
Employer
2 757
-
147 515
-
pensions
303
-
726
-
unemployment
55
-
132
-
health
262
-
627
-
total
620
-
1 485
-
Corporate
145 623
149 000
-
-
income
32 037
32 780
-
-
total
32 037
32 780
-
-
Dividends
113 586
116 220
-
-
withholding
22 717
23 244
-
-
total
22 717
23 244
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 321
56 024
53 341
53 212
After tax
92 679
92 976
95 659
95 788
Living cost
1 810
1 810
1 810
1 810
Free-cash
90 869
91 166
93 849
93 978

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86477
₽91166
₽72614
₽72613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
149 000
unemployment
-
-
-
1 057
income
-
-
-
33 268
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
59 900
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.

24 861
-
136 389
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
33 268
-
total
8 374
-
47 288
-
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.

24 861
-
136 389
-
pensions
2 983
-
8 455
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 611
-
Corporate
119 689
149 000
-
-
income
17 953
22 350
-
-
total
17 953
22 350
-
-
Dividends
101 735
126 650
-
-
withholding
15 260
18 997
-
-
total
15 260
18 997
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 036
41 347
59 899
59 900
After tax
102 964
107 653
89 101
89 100
Living cost
16 487
16 487
16 487
16 487
Free-cash
86 477
91 166
72 614
72 613

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
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.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58659
₽59002
₽43987
₽54736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
social contributions

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

-
-
-
51 778
income
-
-
-
16 738
surtax
-
-
-
-
total
-
-
-
68 516
Employee
37 069
-
120 403
-
surtax
-
-
-
-
social contributions
4 078
-
13 244
-
income
7 243
-
37 426
-
total
11 321
-
50 670
-
Employer
37 069
-
120 403
-
social contributions
8 803
-
28 595
-
total
8 803
-
28 595
-
Corporate
103 128
149 000
-
-
income
21 657
31 290
-
-
surtax
-
-
-
-
total
21 657
31 290
-
-
Dividends
81 471
117 710
-
-
withholding
22 812
32 960
-
-
total
22 812
32 960
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 593
64 250
79 265
68 516
After tax
84 407
84 750
69 735
80 484
Living cost
25 748
25 748
25 748
25 748
Free-cash
58 659
59 002
43 987
54 736

Estimated living cost  is ₽25748 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59422
₽65985
₽46261
₽50268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
38 608
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
65 166
Employee
46 126
-
120 778
-
unemployment
714
-
1 372
-
other
45
-
89
-
pensions
2 168
-
4 161
-
income
9 634
-
35 329
-
total
12 561
-
40 951
-
Employer
46 126
-
120 778
-
other
370
-
709
-
accident
913
-
1 753
-
pensions
10 886
-
20 892
-
unemployment
2 537
-
4 868
-
total
14 706
-
28 222
-
Corporate
88 167
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.

13 225
22 349
-
-
total
13 225
22 349
-
-
Dividends
74 942
126 651
-
-
withholding
15 520
27 100
-
-
total
15 520
27 100
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 012
49 449
69 173
65 166
After tax
92 988
99 551
79 827
83 834
Living cost
33 566
33 566
33 566
33 566
Free-cash
59 422
65 985
46 261
50 268

Estimated living cost  is ₽33566 per week

₽24106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105146
₽110967
₽106951
₽101316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
unemployment
-
-
-
133
income
-
-
-
22 350
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
31 256
Employee
21 754
-
142 455
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 001
-
1 534
-
pensions

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

1 910
-
2 929
-
income
2 176
-
14 246
-
total
5 326
-
19 076
-
Employer
21 754
-
142 455
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 397
-
3 676
-
unemployment
131
-
200
-
health
1 501
-
2 302
-
total
4 268
-
6 545
-
Corporate
122 978
149 000
-
-
income
12 298
14 900
-
-
total
12 298
14 900
-
-
Dividends
110 680
134 100
-
-
withholding
5 534
6 705
-
-
total
5 534
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
27 426
21 605
25 621
31 256
After tax
121 574
127 395
123 379
117 744
Living cost
16 428
16 428
16 428
16 428
Free-cash
105 146
110 967
106 951
101 316

Estimated living cost  is ₽16428 per week

₽10866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52337
₽39841
₽59261
₽44252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
trade
-
-
-
15 009
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.

-
-
-
43 925
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.

-
-
-
6 525
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.

-
-
-
2 416
total
-
-
-
67 875
Employee

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

47 521
-
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.

216
-
2 416
-
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.

6 525
-
6 525
-
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.

3 908
-
43 925
-
total
10 649
-
52 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 479
149 000
-
-
trade
14 561
21 382
-
-
income
15 221
22 349
-
-
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.

837
1 229
-
-
chamber of commerce
294
364
-
-
total
30 913
45 324
-
-
Dividends
70 565
103 676
-
-
withholding
17 278
25 556
-
-
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.

950
1 406
-
-
total
18 228
26 962
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 790
72 286
52 866
67 875
After tax
89 210
76 714
96 134
81 125
Living cost
36 873
36 873
36 873
36 873
Free-cash
52 337
39 841
59 261
44 252

Estimated living cost  is ₽36873 per week

₽25436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52002
₽49893
₽26367
₽26367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 413
income
-
-
-
43 814
total
-
-
-
68 227
Employee
74 709
-
149 000
-
social contributions
6 207
-
24 413
-
income
14 097
-
43 814
-
total
20 304
-
68 227
-
Employer
74 709
-
149 000
-
total
-
-
-
-
Corporate
74 291
149 000
-
-
income
9 287
18 625
-
-
total
9 287
18 625
-
-
Dividends
65 004
130 375
-
-
withholding
13 001
26 076
-
-
total
13 001
26 076
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 592
44 701
68 227
68 227
After tax
106 408
104 299
80 773
80 773
Living cost
54 406
54 406
54 406
54 406
Free-cash
52 002
49 893
26 367
26 367

Estimated living cost  is ₽54406 per week

₽41391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60471
₽57134
₽72447
₽81323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
149 000
health

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

-
-
-
5 820
income
-
-
-
27 187
total
-
-
-
33 007
Employee
43 814
-
144 607
-
social contributions
4 390
-
4 393
-
income
4 754
-
33 097
-
total
9 144
-
37 490
-
Employer
43 814
-
144 607
-
social contributions
4 390
-
4 393
-
total
4 390
-
4 393
-
Corporate
100 796
149 000
-
-
income
35 279
52 150
-
-
total
35 279
52 150
-
-
Dividends
65 517
96 850
-
-
social contributions
5 046
5 046
-
-
total
5 046
5 046
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 859
57 196
41 883
33 007
After tax
95 141
91 804
107 117
115 993
Living cost
34 670
34 670
34 670
34 670
Free-cash
60 471
57 134
72 447
81 323

Estimated living cost  is ₽34670 per week

₽22837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69970
₽64405
₽51554
₽65133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
40 822
pensions
-
-
-
8 127
total
-
-
-
48 949
Employee
47 929
-
130 314
-
health
625
-
1 955
-
pensions
3 658
-
10 116
-
income
8 728
-
31 771
-
total
13 011
-
43 842
-
Employer
47 929
-
130 314
-
pensions
4 842
-
16 210
-
health
911
-
2 476
-
total
5 753
-
18 686
-
Corporate
95 317
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.

18 111
28 309
-
-
total
18 111
28 309
-
-
Dividends
77 206
120 691
-
-
withholding
7 237
21 368
-
-
total
7 237
21 368
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 112
49 677
62 528
48 949
After tax
104 888
99 323
86 472
100 051
Living cost
34 918
34 918
34 918
34 918
Free-cash
69 970
64 405
51 554
65 133

Estimated living cost  is ₽34918 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

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Warsaw , Poland
₽8501
-₽11195
₽56862
₽78676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
40 258
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
47 060
Employee
36 595
-
132 770
-
health
4 190
-
15 202
-
pensions
4 121
-
7 451
-
income
5 021
-
29 992
-
total
13 332
-
52 645
-
Employer
36 595
-
132 770
-
accident
611
-
2 217
-
pensions
5 950
-
10 759
-
unemployment
896
-
3 253
-
total
7 457
-
16 229
-
Corporate
104 947
149 000
-
-
income

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

94 452
134 100
-
-
total
94 452
134 100
-
-
Dividends
10 495
14 900
-
-
withholding
1 994
2 831
-
-
total
1 994
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
117 235
136 931
68 874
47 060
After tax
31 765
12 069
80 126
101 940
Living cost
23 264
23 264
23 264
23 264
Free-cash
8 501
-11 195
56 862
78 676

Estimated living cost  is ₽23264 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽108017
₽112486
₽90829
₽70851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
149 000
unemployment
-
-
-
1 788
income
-
-
-
24 276
pensions
-
-
-
27 416
health insurance
-
-
-
11 026
work injury
-
-
-
745
total
-
-
-
65 251
Employee

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

20 637
-
149 000
-
health insurance
1 527
-
5 650
-
unemployment
248
-
916
-
work injury
103
-
382
-
pensions
3 797
-
14 049
-
income
2 064
-
24 276
-
total
7 739
-
45 273
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 363
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%.

1 284
1 490
-
-
total
1 284
1 490
-
-
Dividends
127 079
147 510
-
-
withholding
19 062
22 126
-
-
total
19 062
22 126
-
-
Income
149 000
149 000
149 000
149 000
Total tax
28 085
23 616
45 273
65 251
After tax
120 915
125 384
103 727
83 749
Living cost
12 898
12 898
12 898
12 898
Free-cash
108 017
112 486
90 829
70 851

Estimated living cost  is ₽12898 per week

₽7991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36092
₽40436
₽25964
₽32522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 392
social contributions
-
-
-
38 323
municipal
-
-
-
997
national
-
-
-
35 718
total
-
-
-
78 430
Employee
80 482
-
149 000
-
national
13 601
-
30 857
-
regional
1 215
-
3 000
-
municipal
480
-
888
-
social contributions
27 138
-
50 243
-
total
42 434
-
84 988
-
Employer
80 482
-
149 000
-
total
-
-
-
-
Corporate
68 518
149 000
-
-
nationa
16 444
35 760
-
-
municipal
3 302
7 181
-
-
total
19 746
42 941
-
-
Dividends
48 772
106 059
-
-
withholding
12 680
27 575
-
-
total
12 680
27 575
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 860
70 516
84 988
78 430
After tax
74 140
78 484
64 012
70 570
Living cost
38 048
38 048
38 048
38 048
Free-cash
36 092
40 436
25 964
32 522

Estimated living cost  is ₽38048 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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