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
₽46041
₽67089
₽50667
₽56682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income

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

-
-
-
43 786
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.

-
-
-
2 408
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.

-
-
-
6 573
trade
-
-
-
16 422
total
-
-
-
69 189
Employee

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

36 802
-
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.

57
-
2 408
-
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.

1 028
-
43 786
-
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.

6 573
-
6 573
-
total
7 658
-
52 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 198
149 000
-
-
income
16 830
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.

926
1 229
-
-
chamber of commerce
307
360
-
-
trade
17 671
23 467
-
-
total
35 734
47 405
-
-
Dividends
76 465
101 595
-
-
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.

1 032
1 377
-
-
withholding
18 750
25 033
-
-
total
19 782
26 410
-
-
Income
149 000
149 000
149 000
149 000
Total tax
63 174
73 815
52 767
69 189
After tax
85 826
75 185
96 233
79 811
Living cost
29 144
29 144
29 144
29 144
Free-cash
56 682
46 041
67 089
50 667

Estimated living cost  is ₽29144 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3398
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.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41558
₽38188
₽37019
₽40703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
1 602
municipal
-
-
-
16 113
national
-
-
-
24 968
pensions
-
-
-
17 880
total
-
-
-
60 563
Employee
79 708
-
128 809
-
municipal
9 845
-
16 690
-
pensions
3 188
-
5 152
-
national
15 256
-
25 862
-
total
28 289
-
47 704
-
Employer
79 708
-
128 809
-
pensions
6 377
-
10 305
-
social contributions
857
-
1 385
-
total
7 234
-
11 690
-
Corporate
56 798
149 000
-
-
income

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

11 360
29 800
-
-
total
11 360
29 800
-
-
Dividends
45 439
119 200
-
-
withholding
9 996
26 224
-
-
total
9 996
26 224
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 879
56 024
59 394
60 563
After tax
92 121
92 976
89 606
88 437
Living cost
51 418
51 418
51 418
51 418
Free-cash
40 703
41 558
38 188
37 019

Estimated living cost  is ₽51418 per week

₽34948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99182
₽70162
₽29427
₽91291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
149 000
income
-
-
-
24 695
surtax
-
-
-
37 996
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.

-
-
-
36 865
microenterprise
-
-
-
-
total
-
-
-
99 556
Employee
28 115
-
107 844
-
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.

3 093
-
11 863
-
income
5 005
-
20 979
-
total
8 098
-
32 842
-
Employer
28 115
-
107 844
-
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.

6 772
-
25 979
-
surtax
-
-
-
-
total
6 772
-
25 979
-
Corporate
114 112
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%.

22 822
29 801
-
-
total
22 822
29 801
-
-
Dividends

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

91 290
119 199
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
37 692
29 801
58 821
99 556
After tax
111 308
119 199
90 179
49 444
Living cost
20 017
20 017
20 017
20 017
Free-cash
91 291
99 182
70 162
29 427

Estimated living cost  is ₽20017 per week

₽12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33156
₽50562
₽43379
₽27261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 176
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
65 314
Employee
82 167
82 167
131 119
-
pensions
14 790
11 273
11 273
-
income

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

13 449
13 449
17 112
-
health
12 612
10 727
11 865
-
total
40 851
35 449
40 250
-
Employer
82 167
82 167
131 119
-
health
5 711
5 711
7 097
-
pensions
5 719
5 719
7 108
-
unemployment
2 958
2 958
3 676
-
total
14 388
14 388
17 881
-
Corporate
53 453
52 445
-
-
income
10 691
10 490
-
-
total
10 691
10 490
-
-
Dividends
42 762
41 955
-
-
income
9 088
8 916
-
-
withholding
6 414
6 294
-
-
total
15 502
15 210
-
-
Income
149 000
149 000
149 000
149 000
Total tax
81 432
75 537
58 131
65 314
After tax
67 568
73 463
90 869
83 686
Living cost
40 307
40 307
40 307
40 307
Free-cash
27 261
33 156
50 562
43 379

Estimated living cost  is ₽40307 per week

₽28565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41994
₽37723
₽38678
₽41110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
172
other
-
-
-
10 024
unemployment
-
-
-
86
health
-
-
-
5 383
municipal
-
-
-
36 980
national
-
-
-
8 992
pensions
-
-
-
9 325
total
-
-
-
70 962
Employee
56 084
-
121 896
-
municipal
16 724
-
36 350
-
national
-
-
8 464
-
total
16 724
-
44 814
-
Employer
56 084
-
121 896
-
health
3 449
-
5 305
-
pensions
6 063
-
9 325
-
accident
112
-
172
-
unemployment
1 481
-
2 277
-
other
6 517
-
10 024
-
total
17 622
-
27 103
-
Corporate
75 295
149 000
-
-
income
16 565
32 780
-
-
total
16 565
32 780
-
-
Dividends
58 730
116 220
-
-
withholding
17 619
34 866
-
-
total
17 619
34 866
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 530
67 646
71 917
70 962
After tax
80 470
81 354
77 083
78 038
Living cost
39 360
39 360
39 360
39 360
Free-cash
41 110
41 994
37 723
38 678

Estimated living cost  is ₽39360 per week

₽26086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
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.
₽8814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36620
₽58434
₽41283
₽50139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income

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

-
-
-
43 786
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.

-
-
-
2 408
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.

-
-
-
6 573
trade
-
-
-
17 151
total
-
-
-
69 918
Employee

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

48 794
-
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.

230
-
2 408
-
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.

4 192
-
43 786
-
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.

6 573
-
6 573
-
total
10 995
-
52 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 206
149 000
-
-
income
15 031
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.

827
1 229
-
-
chamber of commerce
288
358
-
-
trade
16 484
24 511
-
-
total
32 630
48 447
-
-
Dividends
67 575
100 553
-
-
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.

909
1 362
-
-
withholding
16 528
24 772
-
-
total
17 437
26 134
-
-
Income
149 000
149 000
149 000
149 000
Total tax
61 062
74 581
52 767
69 918
After tax
87 938
74 419
96 233
79 082
Living cost
37 799
37 799
37 799
37 799
Free-cash
50 139
36 620
58 434
41 283

Estimated living cost  is ₽37799 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77555
₽70294
₽71660
₽73566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
26 764
social contributions
-
-
-
15 568
health
-
-
-
3 800
total
-
-
-
46 132
Employee
73 987
73 987
138 161
-
social contributions
3 595
6 141
8 282
-
income
7 769
6 849
26 030
-
health
736
1 258
2 348
-
total
12 100
14 248
36 660
-
Employer
73 987
73 987
138 161
-
health
802
1 369
2 556
-
social contributions
3 595
6 141
8 282
-
total
4 397
7 510
10 838
-
Corporate
101 294
67 503
-
-
income
12 661
8 438
-
-
total
12 661
8 438
-
-
Dividends
88 633
59 065
-
-
withholding
15 068
10 041
-
-
total
15 068
10 041
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 226
40 237
47 498
46 132
After tax
104 774
108 763
101 502
102 868
Living cost
31 208
31 208
31 208
31 208
Free-cash
73 566
77 555
70 294
71 660

Estimated living cost  is ₽31208 per week

₽21334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66076
₽68705
₽85549
₽66443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 508
10 152
124 686
-
unemployment
383
152
1 870
-
pensions
2 551
1 015
12 469
-
income
3 118
1 241
15 243
-
health
1 786
711
8 728
-
total
7 838
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.

25 508
10 152
124 686
-
pensions
4 974
1 980
24 314
-
total
4 974
1 980
24 314
-
Corporate
118 518
136 869
-
-
income
10 667
12 318
-
-
total
10 667
12 318
-
-
Dividends
107 851
124 550
-
-
social contributions
20 915
24 171
-
-
withholding
20 492
23 665
-
-
total
41 407
47 836
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 886
65 253
62 624
45 780
After tax
84 114
83 747
86 376
103 220
Living cost
17 671
17 671
17 671
17 671
Free-cash
66 443
66 076
68 705
85 549

Estimated living cost  is ₽17671 per week

₽12059
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
₽95959
₽62641
₽56626
₽89983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
19 966
health
-
-
-
19 369
pensions
-
-
-
29 799
total
-
-
-
69 134
Employee
27 296
-
111 359
-
unemployment
436
-
1 782
-
pensions
546
-
2 228
-
income
3 073
-
21 469
-
total
4 055
-
25 479
-
Employer
27 296
-
111 359
-
health
3 548
-
14 476
-
pensions
5 460
-
22 273
-
unemployment
219
-
891
-
total
9 227
-
37 640
-
Corporate
112 478
149 000
-
-
income
22 495
29 801
-
-
total
22 495
29 801
-
-
Dividends
89 983
119 199
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
35 777
29 801
63 119
69 134
After tax
113 223
119 199
85 881
79 866
Living cost
23 240
23 240
23 240
23 240
Free-cash
89 983
95 959
62 641
56 626

Estimated living cost  is ₽23240 per week

₽15940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
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.
₽5449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9403
₽58656
₽80468
₽8776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
246
income
-
-
-
40 263
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
47 060
Employee
33 776
-
132 777
-
pensions
3 803
-
7 446
-
income
4 634
-
29 999
-
health
3 867
-
15 203
-
total
12 304
-
52 648
-
Employer
33 776
-
132 777
-
pensions
5 492
-
10 753
-
accident
564
-
2 218
-
unemployment
827
-
3 253
-
total
6 883
-
16 224
-
Corporate
108 341
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.

97 507
134 100
-
-
total
97 507
134 100
-
-
Dividends
10 834
14 900
-
-
withholding
2 058
2 831
-
-
total
2 058
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 752
136 931
68 872
47 060
After tax
30 248
12 069
80 128
101 940
Living cost
21 472
21 472
21 472
21 472
Free-cash
8 776
-9 403
58 656
80 468

Estimated living cost  is ₽21472 per week

₽15737
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.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133670
₽111320
₽139630
₽132192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 850
-
149 000
-
income
1 970
-
29 800
-
total
1 970
-
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%.

139 150
149 000
-
-
total
-
-
-
-
Dividends
139 150
149 000
-
-
withholding
6 958
7 450
-
-
total
6 958
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
8 928
7 450
29 800
1 490
After tax
140 072
141 550
119 200
147 510
Living cost
7 880
7 880
7 880
7 880
Free-cash
132 192
133 670
111 320
139 630

Estimated living cost  is ₽7880 per week

₽4883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83831
₽59303
₽53806
₽77334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 053
other
-
-
-
6 949
health
-
-
-
6 438
pensions

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

-
-
-
35 116
total
-
-
-
69 556
Employee
34 936
-
119 009
-
unemployment
349
-
1 191
-
pensions

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

2 445
-
8 330
-
income
6 015
-
22 884
-
health
489
-
1 665
-
total
9 298
-
34 070
-
Employer
34 936
-
119 009
-
health
489
-
1 665
-
pensions

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

5 940
-
20 231
-
accident
279
-
951
-
unemployment
349
-
1 191
-
other
1 747
-
5 951
-
total
8 804
-
29 989
-
Corporate
105 260
149 000
-
-
income
22 105
31 291
-
-
total
22 105
31 291
-
-
Dividends
83 155
117 709
-
-
withholding
5 821
8 240
-
-
total
5 821
8 240
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 028
39 531
64 059
69 556
After tax
102 972
109 469
84 941
79 444
Living cost
25 638
25 638
25 638
25 638
Free-cash
77 334
83 831
59 303
53 806

Estimated living cost  is ₽25638 per week

₽18115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35933
₽23013
₽36601
₽34983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 619
pensions
-
-
-
8 185
total
-
-
-
48 804
Employee
89 978
-
130 332
-
pensions
8 680
-
10 203
-
income
16 219
-
31 559
-
health
1 483
-
1 963
-
total
26 382
-
43 725
-
Employer
89 978
-
130 332
-
health
1 709
-
2 475
-
pensions
10 624
-
16 192
-
total
12 333
-
18 667
-
Corporate
46 690
149 000
-
-
income

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

8 871
28 309
-
-
total
8 871
28 309
-
-
Dividends
37 819
120 691
-
-
withholding
2 836
21 163
-
-
total
2 836
21 163
-
-
Income
149 000
149 000
149 000
149 000
Total tax
50 422
49 472
62 392
48 804
After tax
98 578
99 528
86 608
100 196
Living cost
63 595
63 595
63 595
63 595
Free-cash
34 983
35 933
23 013
36 601

Estimated living cost  is ₽63595 per week

₽47653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114788
₽110700
₽105076
₽110320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
31 317
Employee
16 693
-
142 411
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 466
-
2 949
-
income
1 669
-
14 241
-
health
768
-
1 545
-
total
4 087
-
19 104
-
Employer
16 693
-
142 411
-
health
1 152
-
2 317
-
pensions

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

1 840
-
3 701
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
202
-
total
3 276
-
6 589
-
Corporate
129 031
149 000
-
-
income
12 903
14 900
-
-
total
12 903
14 900
-
-
Dividends
116 129
134 100
-
-
withholding
5 807
6 705
-
-
total
5 807
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
26 073
21 605
25 693
31 317
After tax
122 927
127 395
123 307
117 683
Living cost
12 607
12 607
12 607
12 607
Free-cash
110 320
114 788
110 700
105 076

Estimated living cost  is ₽12607 per week

₽7360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20109
₽37515
₽30332
₽22529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 176
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
65 314
Employee
89 206
82 167
131 119
-
pensions
11 273
11 273
11 273
-
income

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

13 449
13 449
17 112
-
health
11 129
10 727
11 865
-
total
35 851
35 449
40 250
-
Employer
89 206
82 167
131 119
-
health
6 199
5 711
7 097
-
pensions
6 208
5 719
7 108
-
unemployment
3 212
2 958
3 676
-
total
15 619
14 388
17 881
-
Corporate
44 175
52 445
-
-
income
8 836
10 490
-
-
total
8 836
10 490
-
-
Dividends
35 339
41 955
-
-
income
7 510
8 916
-
-
withholding
5 301
6 294
-
-
total
12 811
15 210
-
-
Income
149 000
149 000
149 000
149 000
Total tax
73 117
75 537
58 131
65 314
After tax
75 883
73 463
90 869
83 686
Living cost
53 354
53 354
53 354
53 354
Free-cash
22 529
20 109
37 515
30 332

Estimated living cost  is ₽53354 per week

₽39358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78656
₽51683
₽56352
₽70120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
14 168
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
-
health
-
-
-
20 115
total
-
-
-
68 718
Employee
35 191
-
111 194
-
solidarity contribution
-
-
-
-
social contributions
2 287
-
7 228
-
income
4 223
-
13 343
-
health
4 751
-
15 011
-
total
11 261
-
35 582
-
Employer
35 191
-
111 194
-
health
3 167
-
10 007
-
social contributions
8 798
-
27 798
-
total
11 965
-
37 805
-
Corporate
101 843
149 000
-
-
income
19 350
28 310
-
-
total
19 350
28 310
-
-
Dividends
82 493
120 690
-
-
withholding
12 374
18 104
-
-
total
12 374
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 950
46 414
73 387
68 718
After tax
94 050
102 586
75 613
80 282
Living cost
23 930
23 930
23 930
23 930
Free-cash
70 120
78 656
51 683
56 352

Estimated living cost  is ₽23930 per week

₽16622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽38895
₽25025
₽31808
₽33873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
38 322
regional
-
-
-
1 737
municipal
-
-
-
886
national
-
-
-
35 646
total
-
-
-
76 591
Employee
85 513
-
149 000
-
municipal
453
-
791
-
national
14 817
-
30 809
-
regional
807
-
1 532
-
social contributions
28 835
-
50 242
-
total
44 912
-
83 374
-
Employer
85 513
-
149 000
-
total
-
-
-
-
Corporate
63 487
149 000
-
-
municipal
2 476
5 812
-
-
nationa
15 237
35 761
-
-
total
17 713
41 573
-
-
Dividends
45 774
107 427
-
-
withholding
11 901
27 931
-
-
total
11 901
27 931
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 526
69 504
83 374
76 591
After tax
74 474
79 496
65 626
72 409
Living cost
40 601
40 601
40 601
40 601
Free-cash
33 873
38 895
25 025
31 808

Estimated living cost  is ₽40601 per week

₽28302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72488
₽44343
₽49477
₽69494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
37 780
other
-
-
-
-
surtax
-
-
-
5 492
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
78 291
Employee
31 819
-
123 088
-
other
-
-
-
-
unemployment
2 215
-
8 567
-
pensions
2 122
-
8 209
-
surtax
104
-
4 682
-
income
5 334
-
32 916
-
health
813
-
3 139
-
total
10 588
-
57 513
-
Employer
31 819
-
123 088
-
health
1 448
-
5 602
-
pensions
4 242
-
16 408
-
unemployment
1 008
-
3 902
-
other
-
-
-
-
total
6 698
-
25 912
-
Corporate
110 484
149 000
-
-
income
28 725
38 741
-
-
total
28 725
38 741
-
-
Dividends
81 758
110 259
-
-
withholding
12 263
16 539
-
-
total
12 263
16 539
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 274
55 280
83 425
78 291
After tax
90 726
93 720
65 575
70 709
Living cost
21 232
21 232
21 232
21 232
Free-cash
69 494
72 488
44 343
49 477

Estimated living cost  is ₽21232 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
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.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56081
₽43161
₽56749
₽60709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 619
pensions
-
-
-
8 185
total
-
-
-
48 804
Employee
60 301
-
130 332
-
pensions
5 118
-
10 203
-
income
10 860
-
31 559
-
health
875
-
1 963
-
total
16 853
-
43 725
-
Employer
60 301
-
130 332
-
health
1 146
-
2 475
-
pensions
6 528
-
16 192
-
total
7 674
-
18 667
-
Corporate
81 026
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.

15 394
28 309
-
-
total
15 394
28 309
-
-
Dividends
65 632
120 691
-
-
withholding
4 923
21 163
-
-
total
4 923
21 163
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 844
49 472
62 392
48 804
After tax
104 156
99 528
86 608
100 196
Living cost
43 447
43 447
43 447
43 447
Free-cash
60 709
56 081
43 161
56 749

Estimated living cost  is ₽43447 per week

₽32550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8411
₽38099
₽45340
₽24340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 980
regional
-
-
-
6 677
health
-
-
-
336
city
-
-
-
1 571
national
-
-
-
1 841
pensions
-
-
-
13 709
total
-
-
-
27 114
Employee
89 579
-
133 362
-
unemployment
-
-
-
-
pensions
7 526
-
11 202
-
national
424
-
1 497
-
regional
2 933
-
5 751
-
city
961
-
1 433
-
health
202
-
301
-
total
12 046
-
20 184
-
Employer
89 579
-
133 362
-
health
202
-
301
-
pensions
7 526
-
11 202
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 791
-
2 668
-
total
9 519
-
14 171
-
Corporate
48 917
149 000
-
-
regional
10 345
31 513
-
-
national
4 158
12 665
-
-
total
14 503
44 178
-
-
Dividends
34 413
104 822
-
-
withholding
12 046
36 687
-
-
total
12 046
36 687
-
-
Income
149 000
149 000
149 000
149 000
Total tax
48 114
80 865
34 355
27 114
After tax
100 886
68 135
114 645
121 886
Living cost
76 546
76 546
76 546
76 546
Free-cash
24 340
-8 411
38 099
45 340

Estimated living cost  is ₽76546 per week

₽49777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29573
₽52155
₽34274
₽45177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income

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

-
-
-
43 786
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.

-
-
-
2 408
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.

-
-
-
6 573
trade
-
-
-
17 881
total
-
-
-
70 648
Employee

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

57 825
-
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.

374
-
2 408
-
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.

6 800
-
43 786
-
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.

6 573
-
6 573
-
total
13 747
-
52 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 175
149 000
-
-
income
13 676
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.

752
1 229
-
-
chamber of commerce
274
356
-
-
trade
15 637
25 554
-
-
total
30 339
49 488
-
-
Dividends
60 835
99 512
-
-
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.

816
1 348
-
-
withholding
14 843
24 513
-
-
total
15 659
25 861
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 745
75 349
52 767
70 648
After tax
89 255
73 651
96 233
78 352
Living cost
44 078
44 078
44 078
44 078
Free-cash
45 177
29 573
52 155
34 274

Estimated living cost  is ₽44078 per week

₽32193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42176
₽51249
₽51378
₽47861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 655
other
-
-
-
4 620
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 662
pensions
-
-
-
28 521
total
-
-
-
64 703
Employee
41 180
-
116 601
-
pensions
4 656
-
7 574
-
surtax
-
-
-
-
social contributions
1 174
-
3 323
-
income
2 430
-
21 534
-
total
8 260
-
32 431
-
Employer
41 180
-
116 601
-
health
2 883
-
10 159
-
pensions
6 765
-
12 848
-
unemployment
1 667
-
4 722
-
social contributions
124
-
351
-
other
1 421
-
4 321
-
total
12 860
-
32 401
-
Corporate
94 960
149 000
-
-
income
26 589
41 721
-
-
surtax
-
-
-
-
total
26 589
41 721
-
-
Dividends
68 371
107 279
-
-
surtax
-
-
-
-
social contributions
11 759
18 453
-
-
withholding
8 752
13 731
-
-
total
20 511
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 220
73 905
64 832
64 703
After tax
80 780
75 095
84 168
84 297
Living cost
32 919
32 919
32 919
32 919
Free-cash
47 861
42 176
51 249
51 378

Estimated living cost  is ₽32919 per week

₽20757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45437
₽54510
₽54639
₽50784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 655
other
-
-
-
4 620
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 662
pensions
-
-
-
28 521
total
-
-
-
64 703
Employee
36 759
-
116 601
-
pensions
4 158
-
7 574
-
surtax
-
-
-
-
social contributions
1 048
-
3 323
-
income
1 895
-
21 534
-
total
7 101
-
32 431
-
Employer
36 759
-
116 601
-
health
2 573
-
10 159
-
pensions
6 040
-
12 848
-
unemployment
1 488
-
4 722
-
social contributions
110
-
351
-
other
1 269
-
4 321
-
total
11 480
-
32 401
-
Corporate
100 762
149 000
-
-
income
28 212
41 721
-
-
surtax
-
-
-
-
total
28 212
41 721
-
-
Dividends
72 549
107 279
-
-
surtax
-
-
-
-
social contributions
12 478
18 453
-
-
withholding
9 287
13 731
-
-
total
21 765
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 558
73 905
64 832
64 703
After tax
80 442
75 095
84 168
84 297
Living cost
29 658
29 658
29 658
29 658
Free-cash
50 784
45 437
54 510
54 639

Estimated living cost  is ₽29658 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70501
₽72813
₽75286
₽71001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 349
social contributions
-
-
-
20 562
health
-
-
-
10 400
total
-
-
-
53 311
Employee
32 624
-
149 000
-
social contributions
4 503
-
20 562
-
income
5 441
-
24 822
-
health
2 277
-
10 400
-
total
12 221
-
55 784
-
Employer
32 624
-
149 000
-
total
-
-
-
-
Corporate
116 376
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%.

5 819
7 450
-
-
total
5 819
7 450
-
-
Dividends
110 557
141 550
-
-
social contributions
15 257
19 534
-
-
withholding
16 583
21 232
-
-
health
7 716
9 880
-
-
total
39 556
50 646
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 596
58 096
55 784
53 311
After tax
91 404
90 904
93 216
95 689
Living cost
20 403
20 403
20 403
20 403
Free-cash
71 001
70 501
72 813
75 286

Estimated living cost  is ₽20403 per week

₽13654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48736
₽5045
₽42515
₽47246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
36 502
surtax
-
-
-
190
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
595
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
72 581
Employee
48 086
38 344
116 183
-
other
480
383
1 125
-
unemployment
1 442
1 150
3 372
-
pensions
4 925
3 926
11 511
-
income
5 474
2 828
28 744
-
health
1 861
1 484
4 349
-
total
14 182
9 771
49 101
-
Employer
48 086
38 344
116 183
-
chamber of commerce
192
153
466
-
health
1 817
1 450
4 249
-
pensions
6 035
4 813
14 107
-
accident
624
498
1 461
-
unemployment
1 442
1 150
3 372
-
surtax
190
190
190
-
payroll
1 442
1 150
3 486
-
other
2 284
1 820
5 487
-
total
14 026
11 224
32 818
-
Corporate
86 888
99 430
112 531
-
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.

21 721
24 858
28 132
-
total
21 721
24 858
28 132
-
Dividends
65 167
74 572
-
-
withholding
17 921
20 507
-
-
total
17 921
20 507
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 850
66 360
110 051
72 581
After tax
81 150
82 640
38 949
76 419
Living cost
33 904
33 904
33 904
33 904
Free-cash
47 246
48 736
5 045
42 515

Estimated living cost  is ₽33904 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48291
₽18520
₽29725
₽33861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
communal

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

-
-
-
7 547
social contributions
-
-
-
23 210
national
-
-
-
53 436
total
-
-
-
84 193
Employee

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

68 826
-
115 403
-
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.

599
-
1 004
-
communal

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

3 590
-
6 018
-
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.

5 162
-
8 655
-
national
21 160
-
40 700
-
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.

3 234
-
5 425
-
total
33 745
-
61 802
-
Employer

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

68 826
-
115 403
-
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.

4 232
-
7 097
-
pensions

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

6 099
-
10 225
-
accident

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

895
-
1 501
-
unemployment

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

1 004
-
1 685
-
surtax
7 804
-
13 088
-
total
20 034
-
33 596
-
Corporate
60 140
149 000
-
-
income
12 027
29 801
-
-
surtax
241
595
-
-
total
12 268
30 396
-
-
Dividends
47 872
118 604
-
-
withholding

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

14 010
35 231
-
-
total
14 010
35 231
-
-
Income
149 000
149 000
149 000
149 000
Total tax
80 057
65 627
95 398
84 193
After tax
68 943
83 373
53 602
64 807
Living cost
35 082
35 082
35 082
35 082
Free-cash
33 861
48 291
18 520
29 725

Estimated living cost  is ₽35082 per week

₽22598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64819
₽45065
₽49102
₽57860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
803
income
-
-
-
38 396
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
65 150
Employee
47 895
-
120 569
-
other
47
-
89
-
unemployment
743
-
1 382
-
pensions
2 251
-
4 192
-
income
10 106
-
35 093
-
total
13 147
-
40 756
-
Employer
47 895
-
120 569
-
pensions
11 302
-
21 047
-
accident
948
-
1 766
-
unemployment
2 635
-
4 904
-
other
382
-
714
-
total
15 267
-
28 431
-
Corporate
85 838
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.

12 876
22 349
-
-
total
12 876
22 349
-
-
Dividends
72 962
126 651
-
-
withholding
15 102
27 084
-
-
total
15 102
27 084
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 392
49 433
69 187
65 150
After tax
92 608
99 567
79 813
83 850
Living cost
34 748
34 748
34 748
34 748
Free-cash
57 860
64 819
45 065
49 102

Estimated living cost  is ₽34748 per week

₽25588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
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.
₽6194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36050
₽29615
₽23671
₽24772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
communal
-
-
-
9 416
accident
-
-
-
1 256
income
-
-
-
22 179
surtax
-
-
-
7 388
health
-
-
-
10 468
pensions
-
-
-
22 333
total
-
-
-
73 040
Employee
72 865
-
133 096
-
pensions
5 828
-
10 647
-
surtax
4 466
-
8 156
-
income
7 038
-
26 468
-
health
3 243
-
5 921
-
total
20 575
-
51 192
-
Employer
72 865
-
133 096
-
health
2 222
-
4 059
-
pensions
5 828
-
10 647
-
accident
656
-
1 198
-
total
8 706
-
15 904
-
Corporate
67 429
149 000
-
-
communal
4 552
10 057
-
-
income
10 114
22 349
-
-
surtax
708
1 565
-
-
total
15 374
33 971
-
-
Dividends
52 054
115 029
-
-
income
19 476
9 435
-
-
withholding
7 808
17 255
-
-
total
27 284
26 690
-
-
Income
149 000
149 000
149 000
149 000
Total tax
71 939
60 661
67 096
73 040
After tax
77 061
88 339
81 904
75 960
Living cost
52 289
52 289
52 289
52 289
Free-cash
24 772
36 050
29 615
23 671

Estimated living cost  is ₽52289 per week

₽39224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
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.
₽9341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72108
₽43963
₽49097
₽69050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
37 780
other
-
-
-
-
surtax
-
-
-
5 492
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
78 291
Employee
32 403
-
123 088
-
other
-
-
-
-
unemployment
2 255
-
8 567
-
pensions
2 162
-
8 209
-
surtax
115
-
4 682
-
income
5 432
-
32 916
-
health
827
-
3 139
-
total
10 791
-
57 513
-
Employer
32 403
-
123 088
-
health
1 474
-
5 602
-
pensions
4 320
-
16 408
-
unemployment
1 028
-
3 902
-
other
-
-
-
-
total
6 822
-
25 912
-
Corporate
109 775
149 000
-
-
income
28 541
38 741
-
-
total
28 541
38 741
-
-
Dividends
81 234
110 259
-
-
withholding
12 184
16 539
-
-
total
12 184
16 539
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 338
55 280
83 425
78 291
After tax
90 662
93 720
65 575
70 709
Living cost
21 612
21 612
21 612
21 612
Free-cash
69 050
72 108
43 963
49 097

Estimated living cost  is ₽21612 per week

₽13048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52397
₽39233
₽45980
₽50262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
38 322
regional
-
-
-
2 247
municipal
-
-
-
886
national
-
-
-
35 646
total
-
-
-
77 101
Employee
53 374
-
149 000
-
municipal
283
-
791
-
national
8 456
-
30 809
-
regional
719
-
2 006
-
social contributions
17 998
-
50 242
-
total
27 456
-
83 848
-
Employer
53 374
-
149 000
-
total
-
-
-
-
Corporate
95 626
149 000
-
-
municipal
4 753
7 406
-
-
nationa
22 950
35 761
-
-
total
27 703
43 167
-
-
Dividends
67 923
105 833
-
-
withholding
17 660
27 517
-
-
total
17 660
27 517
-
-
Income
149 000
149 000
149 000
149 000
Total tax
72 819
70 684
83 848
77 101
After tax
76 181
78 316
65 152
71 899
Living cost
25 919
25 919
25 919
25 919
Free-cash
50 262
52 397
39 233
45 980

Estimated living cost  is ₽25919 per week

₽16119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73098
₽46125
₽50794
₽62579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
14 168
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
-
health
-
-
-
20 115
total
-
-
-
68 718
Employee
43 365
-
111 194
-
solidarity contribution
-
-
-
-
social contributions
2 819
-
7 228
-
income
5 204
-
13 343
-
health
5 854
-
15 011
-
total
13 877
-
35 582
-
Employer
43 365
-
111 194
-
health
3 903
-
10 007
-
social contributions
10 841
-
27 798
-
total
14 744
-
37 805
-
Corporate
90 891
149 000
-
-
income
17 269
28 310
-
-
total
17 269
28 310
-
-
Dividends
73 622
120 690
-
-
withholding
11 043
18 104
-
-
total
11 043
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 933
46 414
73 387
68 718
After tax
92 067
102 586
75 613
80 282
Living cost
29 488
29 488
29 488
29 488
Free-cash
62 579
73 098
46 125
50 794

Estimated living cost  is ₽29488 per week

₽21929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52045
₽8311
₽45912
₽51566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
36 502
surtax
-
-
-
-
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
595
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
72 391
Employee
42 060
38 344
116 362
-
other
420
383
1 125
-
unemployment
1 262
1 150
3 372
-
pensions
4 307
3 926
11 511
-
income
3 747
2 828
28 819
-
health
1 627
1 484
4 349
-
total
11 363
9 771
49 176
-
Employer
42 060
38 344
116 362
-
chamber of commerce
168
153
466
-
health
1 590
1 450
4 249
-
pensions
5 279
4 813
14 107
-
accident
546
498
1 461
-
unemployment
1 262
1 150
3 372
-
surtax
-
-
-
-
payroll
1 262
1 150
3 491
-
other
1 998
1 820
5 492
-
total
12 105
11 034
32 638
-
Corporate
94 836
99 620
112 710
-
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.

23 710
24 906
28 178
-
total
23 710
24 906
28 178
-
Dividends
71 127
74 714
-
-
withholding
19 559
20 547
-
-
total
19 559
20 547
-
-
Income
149 000
149 000
149 000
149 000
Total tax
66 737
66 258
109 992
72 391
After tax
82 263
82 742
39 008
76 609
Living cost
30 697
30 697
30 697
30 697
Free-cash
51 566
52 045
8 311
45 912

Estimated living cost  is ₽30697 per week

₽18414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129271
₽106921
₽135231
₽126968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 349
-
149 000
-
income
3 070
-
29 800
-
total
3 070
-
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%.

133 651
149 000
-
-
total
-
-
-
-
Dividends
133 651
149 000
-
-
withholding
6 683
7 450
-
-
total
6 683
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
9 753
7 450
29 800
1 490
After tax
139 247
141 550
119 200
147 510
Living cost
12 279
12 279
12 279
12 279
Free-cash
126 968
129 271
106 921
135 231

Estimated living cost  is ₽12279 per week

₽8310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76779
₽44057
₽48005
₽68729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
149 000
income
-
-
-
33 092
unemployment
-
-
-
223
health
-
-
-
14 660
pensions
-
-
-
27 212
total
-
-
-
75 187
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.

42 548
-
128 926
-
unemployment
60
-
181
-
pensions
6 595
-
19 983
-
income
7 337
-
30 567
-
health
2 748
-
8 330
-
total
16 740
-
59 061
-
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.

42 548
-
128 926
-
health
2 834
-
8 587
-
pensions
3 765
-
11 410
-
unemployment
26
-
77
-
total
6 625
-
20 074
-
Corporate
99 828
149 000
-
-
income
18 968
28 309
-
-
total
18 968
28 309
-
-
Dividends
80 860
120 691
-
-
withholding
12 130
18 104
-
-
total
12 130
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 463
46 413
79 135
75 187
After tax
94 537
102 587
69 865
73 813
Living cost
25 808
25 808
25 808
25 808
Free-cash
68 729
76 779
44 057
48 005

Estimated living cost  is ₽25808 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
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.
₽5943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49036
₽94696
₽61355
₽3160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
29 043
social contributions
-
-
-
16 986
total
-
-
-
46 029
Employee
59 671
-
-
-
social contributions
4 893
-
697
-
income
13 162
-
-
-
total
18 055
-
697
-
Employer
59 671
-
-
-
social contributions
84 136
-
11 991
-
total
84 136
-
11 991
-
Corporate
5 193
149 000
-
-
income
1 142
32 780
-
-
total
1 142
32 780
-
-
Dividends
4 051
116 220
-
-
income
891
25 568
-
-
total
891
25 568
-
-
Income
149 000
149 000
149 000
149 000
Total tax
104 224
58 348
12 688
46 029
After tax
44 776
90 652
136 312
102 971
Living cost
41 616
41 616
41 616
41 616
Free-cash
3 160
49 036
94 696
61 355

Estimated living cost  is ₽41616 per week

₽27002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54570
₽39633
₽50343
₽53602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income
-
-
-
16 698
surtax
-
-
-
-
social contributions

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

-
-
-
51 778
total
-
-
-
68 476
Employee
44 253
-
120 404
-
surtax
-
-
-
-
social contributions
4 868
-
13 245
-
income
9 205
-
37 345
-
total
14 073
-
50 590
-
Employer
44 253
-
120 404
-
social contributions
10 510
-
28 596
-
total
10 510
-
28 596
-
Corporate
94 237
149 000
-
-
income
19 789
31 291
-
-
surtax
-
-
-
-
total
19 789
31 291
-
-
Dividends
74 448
117 709
-
-
withholding
20 845
32 958
-
-
total
20 845
32 958
-
-
Income
149 000
149 000
149 000
149 000
Total tax
65 217
64 249
79 186
68 476
After tax
83 783
84 751
69 814
80 524
Living cost
30 181
30 181
30 181
30 181
Free-cash
53 602
54 570
39 633
50 343

Estimated living cost  is ₽30181 per week

₽22581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28623
₽37696
₽37825
₽35237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
21 655
other
-
-
-
4 620
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 662
pensions
-
-
-
28 521
total
-
-
-
64 703
Employee
60 263
-
116 601
-
pensions
6 816
-
7 574
-
surtax
-
-
-
-
social contributions
1 716
-
3 323
-
income
5 258
-
21 534
-
total
13 790
-
32 431
-
Employer
60 263
-
116 601
-
health
4 218
-
10 159
-
pensions
9 902
-
12 848
-
unemployment
2 441
-
4 722
-
social contributions
181
-
351
-
other
2 080
-
4 321
-
total
18 822
-
32 401
-
Corporate
69 915
149 000
-
-
income
19 576
41 721
-
-
surtax
-
-
-
-
total
19 576
41 721
-
-
Dividends
50 339
107 279
-
-
surtax
-
-
-
-
social contributions
8 659
18 453
-
-
withholding
6 444
13 731
-
-
total
15 103
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 291
73 905
64 832
64 703
After tax
81 709
75 095
84 168
84 297
Living cost
46 472
46 472
46 472
46 472
Free-cash
35 237
28 623
37 696
37 825

Estimated living cost  is ₽46472 per week

₽31452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105177
₽85476
₽81519
₽101944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 779
social contributions
-
-
-
32 779
total
-
-
-
38 558
Employee
30 933
-
129 004
-
income
-
-
6 219
-
social contributions
2 010
-
8 386
-
total
2 010
-
14 605
-
Employer
30 933
-
129 004
-
social contributions
4 795
-
19 996
-
total
4 795
-
19 996
-
Corporate
113 272
149 000
-
-
income
11 328
14 900
-
-
total
11 328
14 900
-
-
Dividends
101 944
134 100
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
18 133
14 900
34 601
38 558
After tax
130 867
134 100
114 399
110 442
Living cost
28 923
28 923
28 923
28 923
Free-cash
101 944
105 177
85 476
81 519

Estimated living cost  is ₽28923 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
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.
₽7497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽60306
-₽60306
₽42780
-₽60306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
labour market
-
-
-
11 853
municipal
-
-
-
30 437
national
-
-
-
16 832
pensions
-
-
-
833
total
-
-
-
59 955
Employee
195 275
195 275
195 275
-
municipal
41 583
41 583
41 583
-
labour market
15 600
15 600
15 600
-
pensions
278
278
278
-
national
23 856
23 856
23 856
-
total
81 317
81 317
81 317
-
Employer
195 275
195 275
195 275
-
national
23 898
23 898
23 898
-
labour market
15 622
15 622
15 622
-
pensions
555
555
555
-
municipal
41 649
41 649
41 649
-
total
81 724
81 724
81 724
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
163 041
163 041
163 041
59 955
After tax
-14 041
-14 041
-14 041
89 045
Living cost
46 265
46 265
46 265
46 265
Free-cash
-60 306
-60 306
-60 306
42 780

Estimated living cost  is ₽46265 per week

₽31665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽9086
₽58973
₽80785
₽8824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
246
income
-
-
-
40 263
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
47 060
Employee
33 278
-
132 777
-
pensions
3 747
-
7 446
-
income
4 565
-
29 999
-
health
3 811
-
15 203
-
total
12 123
-
52 648
-
Employer
33 278
-
132 777
-
pensions
5 411
-
10 753
-
accident
556
-
2 218
-
unemployment
815
-
3 253
-
total
6 782
-
16 224
-
Corporate
108 940
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.

98 046
134 100
-
-
total
98 046
134 100
-
-
Dividends
10 894
14 900
-
-
withholding
2 070
2 831
-
-
total
2 070
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
119 021
136 931
68 872
47 060
After tax
29 979
12 069
80 128
101 940
Living cost
21 155
21 155
21 155
21 155
Free-cash
8 824
-9 086
58 973
80 785

Estimated living cost  is ₽21155 per week

₽15398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57696
₽42527
₽62140
₽59626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
health
-
-
-
1 893
municipal
-
-
-
26 480
national
-
-
-
21 546
total
-
-
-
49 919
Employee
50 622
-
125 345
-
municipal
8 292
-
20 425
-
unemployment
760
-
1 881
-
pensions
3 416
-
8 461
-
national
836
-
13 584
-
health
378
-
1 528
-
total
13 682
-
45 879
-
Employer
50 622
-
125 345
-
health
389
-
966
-
pensions
8 783
-
21 747
-
accident
51
-
126
-
unemployment
329
-
814
-
total
9 552
-
23 653
-
Corporate
88 826
149 000
-
-
income
17 764
29 801
-
-
total
17 764
29 801
-
-
Dividends

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

53 296
89 399
-
-
municipal
9 593
16 092
-
-
national
1 842
8 470
-
-
total
11 435
24 562
-
-
Income
149 000
149 000
149 000
149 000
Total tax
52 433
54 363
69 532
49 919
After tax
96 567
94 637
79 468
99 081
Living cost
36 941
36 941
36 941
36 941
Free-cash
59 626
57 696
42 527
62 140

Estimated living cost  is ₽36941 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86486
₽79225
₽80591
₽81251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
26 764
social contributions
-
-
-
15 568
health
-
-
-
3 800
total
-
-
-
46 132
Employee
73 987
73 987
138 161
-
social contributions
2 797
6 141
8 282
-
income
8 056
6 849
26 030
-
health
573
1 258
2 348
-
total
11 426
14 248
36 660
-
Employer
73 987
73 987
138 161
-
health
623
1 369
2 556
-
social contributions
2 797
6 141
8 282
-
total
3 420
7 510
10 838
-
Corporate
111 876
67 503
-
-
income
13 985
8 438
-
-
total
13 985
8 438
-
-
Dividends
97 891
59 065
-
-
withholding
16 641
10 041
-
-
total
16 641
10 041
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 472
40 237
47 498
46 132
After tax
103 528
108 763
101 502
102 868
Living cost
22 277
22 277
22 277
22 277
Free-cash
81 251
86 486
79 225
80 591

Estimated living cost  is ₽22277 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108110
₽89806
₽109103
₽103214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
149 000
income
-
-
-
14 991
unemployment
-
-
-
27
health
-
-
-
3 482
pensions
-
-
-
6 120
total
-
-
-
24 620
Employee

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

22 085
-
139 596
-
unemployment
110
-
456
-
pensions
3 312
-
13 694
-
income
1 510
-
12 604
-
health
1 877
-
7 760
-
total
6 809
-
34 514
-
Employer

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

22 085
-
139 596
-
health
949
-
3 926
-
pensions
1 214
-
5 021
-
unemployment
110
-
456
-
total
2 273
-
9 403
-
Corporate
124 641
149 000
-
-
income
11 218
13 410
-
-
total
11 218
13 410
-
-
Dividends
113 423
135 590
-
-
withholding
10 209
12 203
-
-
total
10 209
12 203
-
-
Income
149 000
149 000
149 000
149 000
Total tax
30 509
25 613
43 917
24 620
After tax
118 491
123 387
105 083
124 380
Living cost
15 277
15 277
15 277
15 277
Free-cash
103 214
108 110
89 806
109 103

Estimated living cost  is ₽15277 per week

₽9747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73108
₽53354
₽57391
₽68766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
803
income
-
-
-
38 396
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
65 150
Employee
35 578
-
120 569
-
other
35
-
89
-
unemployment
551
-
1 382
-
pensions
1 673
-
4 192
-
income
6 859
-
35 093
-
total
9 118
-
40 756
-
Employer
35 578
-
120 569
-
pensions
8 396
-
21 047
-
accident
705
-
1 766
-
unemployment
1 957
-
4 904
-
other
285
-
714
-
total
11 343
-
28 431
-
Corporate
102 080
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.

15 312
22 349
-
-
total
15 312
22 349
-
-
Dividends
86 768
126 651
-
-
withholding
18 002
27 084
-
-
total
18 002
27 084
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 775
49 433
69 187
65 150
After tax
95 225
99 567
79 813
83 850
Living cost
26 459
26 459
26 459
26 459
Free-cash
68 766
73 108
53 354
57 391

Estimated living cost  is ₽26459 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
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.
₽5593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91106
₽93749
₽93882
₽90800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 895
health
-
-
-
989
pensions
-
-
-
1 364
total
-
-
-
53 248
Employee
2 848
-
147 465
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
50 824
-
health
142
-
341
-
total
977
-
51 847
-
Employer
2 848
-
147 465
-
health
271
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
641
-
1 534
-
Corporate
145 511
149 000
-
-
income
32 012
32 780
-
-
total
32 012
32 780
-
-
Dividends
113 499
116 220
-
-
withholding
22 700
23 244
-
-
total
22 700
23 244
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 330
56 024
53 381
53 248
After tax
92 670
92 976
95 619
95 752
Living cost
1 870
1 870
1 870
1 870
Free-cash
90 800
91 106
93 749
93 882

Estimated living cost  is ₽1870 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91019
₽72268
₽72267
₽86288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
149 000
income
-
-
-
33 233
unemployment
-
-
-
1 066
health
-
-
-
7 321
pensions
-
-
-
18 480
total
-
-
-
60 100
Employee

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

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

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

25 081
-
136 277
-
unemployment
188
-
533
-
pensions
3 511
-
9 951
-
income
3 457
-
33 233
-
health
1 292
-
3 660
-
total
8 448
-
47 377
-
Employer

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

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

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

25 081
-
136 277
-
health
1 292
-
3 660
-
pensions
3 010
-
8 529
-
unemployment
188
-
533
-
total
4 490
-
12 722
-
Corporate
119 430
149 000
-
-
income
17 914
22 350
-
-
total
17 914
22 350
-
-
Dividends
101 515
126 650
-
-
withholding
15 227
18 998
-
-
total
15 227
18 998
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 079
41 348
60 099
60 100
After tax
102 921
107 652
88 901
88 900
Living cost
16 633
16 633
16 633
16 633
Free-cash
86 288
91 019
72 268
72 267

Estimated living cost  is ₽16633 per week

₽11199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58811
₽43874
₽54584
₽58464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income
-
-
-
16 698
surtax
-
-
-
-
social contributions

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

-
-
-
51 778
total
-
-
-
68 476
Employee
37 344
-
120 404
-
surtax
-
-
-
-
social contributions
4 108
-
13 245
-
income
7 297
-
37 345
-
total
11 405
-
50 590
-
Employer
37 344
-
120 404
-
social contributions
8 869
-
28 596
-
total
8 869
-
28 596
-
Corporate
102 787
149 000
-
-
income
21 586
31 291
-
-
surtax
-
-
-
-
total
21 586
31 291
-
-
Dividends
81 201
117 709
-
-
withholding
22 736
32 958
-
-
total
22 736
32 958
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 596
64 249
79 186
68 476
After tax
84 404
84 751
69 814
80 524
Living cost
25 940
25 940
25 940
25 940
Free-cash
58 464
58 811
43 874
54 584

Estimated living cost  is ₽25940 per week

₽18372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
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.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65752
₽45998
₽50035
₽59120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
803
income
-
-
-
38 396
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
65 150
Employee
46 469
-
120 569
-
other
46
-
89
-
unemployment
719
-
1 382
-
pensions
2 184
-
4 192
-
income
9 706
-
35 093
-
total
12 655
-
40 756
-
Employer
46 469
-
120 569
-
pensions
10 966
-
21 047
-
accident
920
-
1 766
-
unemployment
2 556
-
4 904
-
other
372
-
714
-
total
14 814
-
28 431
-
Corporate
87 715
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.

13 158
22 349
-
-
total
13 158
22 349
-
-
Dividends
74 558
126 651
-
-
withholding
15 438
27 084
-
-
total
15 438
27 084
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 065
49 433
69 187
65 150
After tax
92 935
99 567
79 813
83 850
Living cost
33 815
33 815
33 815
33 815
Free-cash
59 120
65 752
45 998
50 035

Estimated living cost  is ₽33815 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
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.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽110855
₽106767
₽101143
₽104993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
31 317
Employee
21 902
-
142 411
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 923
-
2 949
-
income
2 191
-
14 241
-
health
1 008
-
1 545
-
total
5 363
-
19 104
-
Employer
21 902
-
142 411
-
health
1 511
-
2 317
-
pensions

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

2 414
-
3 701
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
202
-
total
4 298
-
6 589
-
Corporate
122 801
149 000
-
-
income
12 280
14 900
-
-
total
12 280
14 900
-
-
Dividends
110 520
134 100
-
-
withholding
5 526
6 705
-
-
total
5 526
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
27 467
21 605
25 693
31 317
After tax
121 533
127 395
123 307
117 683
Living cost
16 540
16 540
16 540
16 540
Free-cash
104 993
110 855
106 767
101 143

Estimated living cost  is ₽16540 per week

₽10940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39568
₽59086
₽44124
₽52156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income

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

-
-
-
43 786
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.

-
-
-
2 408
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.

-
-
-
6 573
trade
-
-
-
14 962
total
-
-
-
67 729
Employee

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

47 875
-
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.

217
-
2 408
-
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.

3 937
-
43 786
-
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.

6 573
-
6 573
-
total
10 727
-
52 767
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 125
149 000
-
-
income
15 168
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.

834
1 229
-
-
chamber of commerce
294
365
-
-
trade
14 511
21 382
-
-
total
30 807
45 325
-
-
Dividends
70 318
103 675
-
-
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.

948
1 406
-
-
withholding
17 215
25 554
-
-
total
18 163
26 960
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 697
72 285
52 767
67 729
After tax
89 303
76 715
96 233
81 271
Living cost
37 147
37 147
37 147
37 147
Free-cash
52 156
39 568
59 086
44 124

Estimated living cost  is ₽37147 per week

₽25625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49490
₽26110
₽26110
₽51614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
43 696
social contributions
-
-
-
24 384
total
-
-
-
68 080
Employee
75 264
-
149 000
-
income
14 202
-
43 696
-
social contributions
6 253
-
24 384
-
total
20 455
-
68 080
-
Employer
75 264
-
149 000
-
total
-
-
-
-
Corporate
73 736
149 000
-
-
income
9 217
18 624
-
-
total
9 217
18 624
-
-
Dividends
64 519
130 376
-
-
withholding
12 904
26 076
-
-
total
12 904
26 076
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 576
44 700
68 080
68 080
After tax
106 424
104 300
80 920
80 920
Living cost
54 810
54 810
54 810
54 810
Free-cash
51 614
49 490
26 110
26 110

Estimated living cost  is ₽54810 per week

₽41699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56840
₽72265
₽80794
₽60204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
149 000
income
-
-
-
27 389
health

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

-
-
-
5 890
total
-
-
-
33 279
Employee
44 139
-
144 574
-
income
4 789
-
32 956
-
social contributions
4 422
-
4 426
-
total
9 211
-
37 382
-
Employer
44 139
-
144 574
-
social contributions
4 422
-
4 426
-
total
4 422
-
4 426
-
Corporate
100 438
149 000
-
-
income
35 153
52 150
-
-
total
35 153
52 150
-
-
Dividends
65 286
96 850
-
-
social contributions
5 083
5 083
-
-
total
5 083
5 083
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 869
57 233
41 808
33 279
After tax
95 131
91 767
107 192
115 721
Living cost
34 927
34 927
34 927
34 927
Free-cash
60 204
56 840
72 265
80 794

Estimated living cost  is ₽34927 per week

₽23007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64207
₽51287
₽64875
₽69840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 619
pensions
-
-
-
8 185
total
-
-
-
48 804
Employee
48 483
-
130 332
-
pensions
3 700
-
10 203
-
income
8 829
-
31 559
-
health
632
-
1 963
-
total
13 161
-
43 725
-
Employer
48 483
-
130 332
-
health
921
-
2 475
-
pensions
4 898
-
16 192
-
total
5 819
-
18 667
-
Corporate
94 698
149 000
-
-
income

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

17 993
28 309
-
-
total
17 993
28 309
-
-
Dividends
76 705
120 691
-
-
withholding
6 866
21 163
-
-
total
6 866
21 163
-
-
Income
149 000
149 000
149 000
149 000
Total tax
43 839
49 472
62 392
48 804
After tax
105 161
99 528
86 608
100 196
Living cost
35 321
35 321
35 321
35 321
Free-cash
69 840
64 207
51 287
64 875

Estimated living cost  is ₽35321 per week

₽24230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11180
₽56879
₽78691
₽8504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
246
income
-
-
-
40 263
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
47 060
Employee
36 572
-
132 777
-
pensions
4 118
-
7 446
-
income
5 017
-
29 999
-
health
4 187
-
15 203
-
total
13 322
-
52 648
-
Employer
36 572
-
132 777
-
pensions
5 946
-
10 753
-
accident
611
-
2 218
-
unemployment
896
-
3 253
-
total
7 453
-
16 224
-
Corporate
104 975
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.

94 478
134 100
-
-
total
94 478
134 100
-
-
Dividends
10 497
14 900
-
-
withholding
1 994
2 831
-
-
total
1 994
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
117 247
136 931
68 872
47 060
After tax
31 753
12 069
80 128
101 940
Living cost
23 249
23 249
23 249
23 249
Free-cash
8 504
-11 180
56 879
78 691

Estimated living cost  is ₽23249 per week

₽17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽112409
₽90644
₽70790
₽107915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income
-
-
-
24 261
unemployment
-
-
-
1 788
work injury
-
-
-
745
health insurance
-
-
-
11 026
pensions
-
-
-
27 416
total
-
-
-
65 236
Employee

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

20 758
-
149 000
-
health insurance
1 536
-
5 683
-
unemployment
249
-
922
-
work injury
104
-
384
-
pensions
3 820
-
14 132
-
income
2 076
-
24 261
-
total
7 785
-
45 382
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 242
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%.

1 282
1 490
-
-
total
1 282
1 490
-
-
Dividends
126 959
147 510
-
-
withholding
19 044
22 127
-
-
total
19 044
22 127
-
-
Income
149 000
149 000
149 000
149 000
Total tax
28 111
23 617
45 382
65 236
After tax
120 889
125 383
103 618
83 764
Living cost
12 974
12 974
12 974
12 974
Free-cash
107 915
112 409
90 644
70 790

Estimated living cost  is ₽12974 per week

₽8038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40152
₽25736
₽32314
₽35775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
38 322
regional
-
-
-
3 390
municipal
-
-
-
997
national
-
-
-
35 646
total
-
-
-
78 355
Employee
81 080
-
149 000
-
municipal
484
-
889
-
national
13 702
-
30 809
-
regional
1 224
-
2 993
-
social contributions
27 340
-
50 242
-
total
42 750
-
84 933
-
Employer
81 080
-
149 000
-
total
-
-
-
-
Corporate
67 920
149 000
-
-
municipal
3 274
7 181
-
-
nationa
16 300
35 761
-
-
total
19 574
42 942
-
-
Dividends
48 347
106 058
-
-
withholding
12 570
27 575
-
-
total
12 570
27 575
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 894
70 517
84 933
78 355
After tax
74 106
78 483
64 067
70 645
Living cost
38 331
38 331
38 331
38 331
Free-cash
35 775
40 152
25 736
32 314

Estimated living cost  is ₽38331 per week

₽26925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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