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
₽44771
₽55883
₽50278
₽66390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
trade
-
-
-
16 112
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.

-
-
-
42 961
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.

-
-
-
6 862
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.

-
-
-
2 364
total
-
-
-
68 299
Employee

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

38 417
-
149 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

59
-
2 364
-
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.

1 073
-
42 961
-
total
7 994
-
52 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 583
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.

913
1 229
-
-
income
16 587
22 351
-
-
trade
17 416
23 468
-
-
chamber of commerce
311
366
-
-
total
35 227
47 414
-
-
Dividends
75 356
101 586
-
-
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.

1 016
1 376
-
-
withholding
18 457
25 016
-
-
total
19 473
26 392
-
-
Income
149 000
149 000
149 000
149 000
Total tax
62 694
73 806
52 187
68 299
After tax
86 306
75 194
96 813
80 701
Living cost
30 423
30 423
30 423
30 423
Free-cash
55 883
44 771
66 390
50 278

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42293
₽41450
₽37708
₽38877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
16 131
pensions
-
-
-
17 880
national
-
-
-
24 996
social contributions
-
-
-
1 602
total
-
-
-
60 609
Employee
78 568
-
128 809
-
municipal
9 704
-
16 708
-
pensions
3 143
-
5 152
-
national
15 038
-
25 890
-
total
27 885
-
47 750
-
Employer
78 568
-
128 809
-
social contributions
845
-
1 385
-
pensions
6 285
-
10 305
-
total
7 130
-
11 690
-
Corporate
58 117
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%.

11 623
29 800
-
-
total
11 623
29 800
-
-
Dividends
46 493
119 200
-
-
withholding
10 229
26 224
-
-
total
10 229
26 224
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 867
56 024
59 440
60 609
After tax
92 133
92 976
89 560
88 391
Living cost
50 683
50 683
50 683
50 683
Free-cash
41 450
42 293
38 877
37 708

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98304
₽90063
₽27350
₽70022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
149 000
microenterprise
-
-
-
-
income
-
-
-
24 276
surtax
-
-
-
37 994
social contributions

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

-
-
-
38 484
total
-
-
-
100 754
Employee
29 350
-
106 597
-
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.

3 229
-
11 726
-
surtax
-
-
-
-
income
5 225
-
20 677
-
total
8 454
-
32 403
-
Employer
29 350
-
106 597
-
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.

7 070
-
25 679
-
surtax
-
-
-
-
total
7 070
-
25 679
-
Corporate
112 580
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%.

22 517
29 800
-
-
total
22 517
29 800
-
-
Dividends

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

90 064
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
38 041
29 800
58 082
100 754
After tax
110 959
119 200
90 918
48 246
Living cost
20 896
20 896
20 896
20 896
Free-cash
90 063
98 304
70 022
27 350

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31277
₽25122
₽42126
₽47984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 643
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
64 797
Employee
85 774
85 774
130 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
16 119
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
40 273
-
Employer
85 774
85 774
130 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
49 258
48 206
-
-
income
9 853
9 641
-
-
total
9 853
9 641
-
-
Dividends
39 406
38 565
-
-
income
8 373
8 194
-
-
withholding
5 911
5 785
-
-
total
14 284
13 979
-
-
Income
149 000
149 000
149 000
149 000
Total tax
81 801
75 646
58 939
64 797
After tax
67 199
73 354
90 061
84 203
Living cost
42 077
42 077
42 077
42 077
Free-cash
25 122
31 277
47 984
42 126

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42391
₽41517
₽38967
₽38021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
37 055
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
9 277
total
-
-
-
71 070
Employee
55 518
-
122 170
-
municipal
16 556
-
36 431
-
national
-
-
8 754
-
total
16 556
-
45 185
-
Employer
55 518
-
122 170
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
76 038
149 000
-
-
income
16 728
32 780
-
-
total
16 728
32 780
-
-
Dividends
59 309
116 220
-
-
withholding
17 793
34 866
-
-
total
17 793
34 866
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 520
67 646
72 016
71 070
After tax
80 480
81 354
76 984
77 930
Living cost
38 963
38 963
38 963
38 963
Free-cash
41 517
42 391
38 021
38 967

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34973
₽49088
₽40526
₽57355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
trade
-
-
-
16 829
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.

-
-
-
42 961
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.

-
-
-
6 862
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.

-
-
-
2 364
total
-
-
-
69 016
Employee

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

50 937
-
149 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

240
-
2 364
-
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.

4 376
-
42 961
-
total
11 478
-
52 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 063
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.

808
1 229
-
-
income
14 709
22 351
-
-
trade
16 131
24 510
-
-
chamber of commerce
292
364
-
-
total
31 940
48 454
-
-
Dividends
66 123
100 545
-
-
surtax

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

888
1 361
-
-
withholding
16 148
24 754
-
-
total
17 036
26 115
-
-
Income
149 000
149 000
149 000
149 000
Total tax
60 454
74 569
52 187
69 016
After tax
88 546
74 431
96 813
79 984
Living cost
39 458
39 458
39 458
39 458
Free-cash
49 088
34 973
57 355
40 526

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76209
₽72044
₽70662
₽69276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 709
health
-
-
-
3 799
social contributions
-
-
-
16 251
total
-
-
-
45 759
Employee
77 236
77 236
137 804
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 343
-
income
8 110
7 150
24 962
-
total
12 631
14 873
35 951
-
Employer
77 236
77 236
137 804
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 548
-
total
4 590
7 840
11 194
-
Corporate
99 200
63 925
-
-
income
12 399
7 990
-
-
total
12 399
7 990
-
-
Dividends
86 801
55 934
-
-
withholding
14 757
9 509
-
-
total
14 757
9 509
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 377
40 212
47 145
45 759
After tax
104 623
108 788
101 855
103 241
Living cost
32 579
32 579
32 579
32 579
Free-cash
72 044
76 209
69 276
70 662

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65530
₽65910
₽84991
₽68147
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
124 686
-
health
1 842
733
8 728
-
income
3 217
1 280
15 243
-
pensions
2 631
1 047
12 469
-
unemployment
395
157
1 870
-
total
8 085
3 217
38 310
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
124 686
-
pensions
5 131
2 042
24 314
-
total
5 131
2 042
24 314
-
Corporate
117 555
136 485
-
-
income
10 580
12 284
-
-
total
10 580
12 284
-
-
Dividends
106 975
124 202
-
-
social contributions
20 740
24 100
-
-
withholding
20 325
23 598
-
-
total
41 065
47 698
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 861
65 241
62 624
45 780
After tax
84 139
83 759
86 376
103 220
Living cost
18 229
18 229
18 229
18 229
Free-cash
65 910
65 530
68 147
84 991

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94939
₽88698
₽55603
₽61621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
19 966
pensions
-
-
-
29 800
health
-
-
-
19 370
total
-
-
-
69 136
Employee
28 494
-
111 360
-
income
3 208
-
21 470
-
pensions
570
-
2 226
-
unemployment
456
-
1 782
-
total
4 234
-
25 478
-
Employer
28 494
-
111 360
-
unemployment
229
-
890
-
pensions
5 699
-
22 273
-
health
3 704
-
14 477
-
total
9 632
-
37 640
-
Corporate
110 875
149 000
-
-
income
22 175
29 800
-
-
total
22 175
29 800
-
-
Dividends
88 699
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
36 041
29 800
63 118
69 136
After tax
112 959
119 200
85 882
79 864
Living cost
24 261
24 261
24 261
24 261
Free-cash
88 698
94 939
61 621
55 603

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9976
₽8686
₽79912
₽57922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
253
income
-
-
-
40 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 043
Employee
34 678
-
132 501
-
health
3 971
-
15 172
-
income
4 758
-
29 717
-
pensions
3 905
-
7 645
-
total
12 634
-
52 534
-
Employer
34 678
-
132 501
-
accident
579
-
2 213
-
unemployment
850
-
3 246
-
pensions
5 639
-
11 040
-
total
7 068
-
16 499
-
Corporate
107 254
149 000
-
-
income

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

96 529
134 100
-
-
total
96 529
134 100
-
-
Dividends
10 725
14 900
-
-
withholding
2 038
2 831
-
-
total
2 038
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 269
136 931
69 033
47 043
After tax
30 731
12 069
79 967
101 957
Living cost
22 045
22 045
22 045
22 045
Free-cash
8 686
-9 976
57 922
79 912

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132450
₽130744
₽138410
₽110100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 375
-
149 000
-
income
2 275
-
29 800
-
total
2 275
-
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%.

137 625
149 000
-
-
total
-
-
-
-
Dividends
137 625
149 000
-
-
withholding
6 881
7 450
-
-
total
6 881
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
9 156
7 450
29 800
1 490
After tax
139 844
141 550
119 200
147 510
Living cost
9 100
9 100
9 100
9 100
Free-cash
130 744
132 450
110 100
138 410

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82706
₽75923
₽52191
₽58358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
20 651
pensions

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

-
-
-
35 760
other
-
-
-
7 077
health
-
-
-
6 557
total
-
-
-
70 045
Employee
36 470
-
119 010
-
health
511
-
1 666
-
income
6 279
-
22 705
-
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.

2 552
-
8 330
-
unemployment
364
-
1 189
-
total
9 706
-
33 890
-
Employer
36 470
-
119 010
-
accident
292
-
951
-
other
1 824
-
5 951
-
unemployment
364
-
1 189
-
pensions

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

6 201
-
20 231
-
health
511
-
1 666
-
total
9 192
-
29 988
-
Corporate
103 339
149 000
-
-
income
21 701
31 290
-
-
total
21 701
31 290
-
-
Dividends
81 638
117 710
-
-
withholding
5 714
8 240
-
-
total
5 714
8 240
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 313
39 530
63 878
70 045
After tax
102 687
109 470
85 122
78 955
Living cost
26 764
26 764
26 764
26 764
Free-cash
75 923
82 706
58 358
52 191

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33422
₽30753
₽33786
₽20147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 639
pensions
-
-
-
8 473
total
-
-
-
48 112
Employee
94 939
-
130 417
-
health
1 564
-
1 998
-
income
17 114
-
30 546
-
pensions
9 159
-
10 624
-
total
27 837
-
43 168
-
Employer
94 939
-
130 417
-
pensions
11 210
-
16 106
-
health
1 803
-
2 477
-
total
13 013
-
18 583
-
Corporate
41 048
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.

7 800
28 310
-
-
total
7 800
28 310
-
-
Dividends
33 248
120 690
-
-
withholding
2 495
20 166
-
-
total
2 495
20 166
-
-
Income
149 000
149 000
149 000
149 000
Total tax
51 145
48 476
61 751
48 112
After tax
97 855
100 524
87 249
100 888
Living cost
67 102
67 102
67 102
67 102
Free-cash
30 753
33 422
20 147
33 786

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114227
₽109562
₽104116
₽109658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 716
Employee
17 436
-
142 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 211
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 291
-
Employer
17 436
-
142 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
128 143
149 000
-
-
income
12 814
14 900
-
-
total
12 814
14 900
-
-
Dividends
115 329
134 100
-
-
withholding
5 767
6 705
-
-
total
5 767
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
26 270
21 605
26 174
31 716
After tax
122 730
127 395
122 826
117 284
Living cost
13 168
13 168
13 168
13 168
Free-cash
109 562
114 227
109 658
104 116

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17657
₽20182
₽28506
₽34364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 643
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
64 797
Employee
93 123
85 774
130 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
16 119
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
40 273
-
Employer
93 123
85 774
130 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
39 572
48 206
-
-
income
7 914
9 641
-
-
total
7 914
9 641
-
-
Dividends
31 658
38 565
-
-
income
6 728
8 194
-
-
withholding
4 748
5 785
-
-
total
11 476
13 979
-
-
Income
149 000
149 000
149 000
149 000
Total tax
73 121
75 646
58 939
64 797
After tax
75 879
73 354
90 061
84 203
Living cost
55 697
55 697
55 697
55 697
Free-cash
20 182
17 657
34 364
28 506

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78568
₽69998
₽56156
₽51593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 148
health
-
-
-
20 115
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
68 825
Employee
35 322
-
111 194
-
social contributions
2 296
-
7 228
-
health
4 768
-
15 011
-
solidarity contribution
-
-
-
-
income
4 239
-
13 343
-
total
11 303
-
35 582
-
Employer
35 322
-
111 194
-
social contributions
8 831
-
27 799
-
health
3 179
-
10 007
-
total
12 010
-
37 806
-
Corporate
101 668
149 000
-
-
income
19 317
28 310
-
-
total
19 317
28 310
-
-
Dividends
82 351
120 690
-
-
withholding
12 353
18 103
-
-
total
12 353
18 103
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 983
46 413
73 388
68 825
After tax
94 017
102 587
75 612
80 175
Living cost
24 019
24 019
24 019
24 019
Free-cash
69 998
78 568
51 593
56 156

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37113
₽31870
₽30461
₽23547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
886
regional
-
-
-
1 729
national
-
-
-
35 219
social contributions
-
-
-
38 322
total
-
-
-
76 156
Employee
89 267
-
149 000
-
social contributions
30 101
-
50 243
-
regional
842
-
1 525
-
municipal
473
-
789
-
national
15 468
-
30 513
-
total
46 884
-
83 070
-
Employer
89 267
-
149 000
-
total
-
-
-
-
Corporate
59 733
149 000
-
-
nationa
14 336
35 760
-
-
municipal
2 329
5 812
-
-
total
16 665
41 572
-
-
Dividends
43 068
107 428
-
-
withholding
11 198
27 932
-
-
total
11 198
27 932
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 747
69 504
83 070
76 156
After tax
74 253
79 496
65 930
72 844
Living cost
42 383
42 383
42 383
42 383
Free-cash
31 870
37 113
23 547
30 461

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71558
₽68431
₽48543
₽44140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 494
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 242
total
-
-
-
78 293
Employee
33 216
-
123 091
-
other
-
-
-
-
health
848
-
3 137
-
surtax
109
-
4 548
-
income
5 568
-
32 323
-
pensions
2 215
-
8 210
-
unemployment
2 312
-
8 568
-
total
11 052
-
56 786
-
Employer
33 216
-
123 091
-
other
-
-
-
-
unemployment
1 052
-
3 902
-
pensions
4 428
-
16 408
-
health
1 512
-
5 600
-
total
6 992
-
25 910
-
Corporate
108 793
149 000
-
-
income
28 286
38 739
-
-
total
28 286
38 739
-
-
Dividends
80 506
110 261
-
-
withholding
12 075
16 539
-
-
total
12 075
16 539
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 405
55 278
82 696
78 293
After tax
90 595
93 722
66 304
70 707
Living cost
22 164
22 164
22 164
22 164
Free-cash
68 431
71 558
44 140
48 543

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54682
₽57900
₽55046
₽41407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 639
pensions
-
-
-
8 473
total
-
-
-
48 112
Employee
63 626
-
130 417
-
health
924
-
1 998
-
income
11 459
-
30 546
-
pensions
5 400
-
10 624
-
total
17 783
-
43 168
-
Employer
63 626
-
130 417
-
pensions
6 887
-
16 106
-
health
1 209
-
2 477
-
total
8 096
-
18 583
-
Corporate
77 278
149 000
-
-
income

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

14 683
28 310
-
-
total
14 683
28 310
-
-
Dividends
62 595
120 690
-
-
withholding
4 696
20 166
-
-
total
4 696
20 166
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 258
48 476
61 751
48 112
After tax
103 742
100 524
87 249
100 888
Living cost
45 842
45 842
45 842
45 842
Free-cash
57 900
54 682
41 407
55 046

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8255
₽24430
₽45488
₽38247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
city
-
-
-
1 570
pensions
-
-
-
13 708
other

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

-
-
-
2 980
regional
-
-
-
6 684
health
-
-
-
335
national
-
-
-
1 845
total
-
-
-
27 122
Employee
89 396
-
133 363
-
city
959
-
1 432
-
regional
2 927
-
5 758
-
health
202
-
300
-
pensions
7 510
-
11 203
-
unemployment
-
-
-
-
national
423
-
1 501
-
total
12 021
-
20 194
-
Employer
89 396
-
133 363
-
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.

1 787
-
2 666
-
unemployment
-
-
-
-
pensions
7 510
-
11 203
-
health
202
-
300
-
total
9 499
-
14 169
-
Corporate
49 121
149 000
-
-
regional
10 389
31 513
-
-
national
4 175
12 665
-
-
total
14 564
44 178
-
-
Dividends
34 558
104 822
-
-
withholding
12 096
36 687
-
-
total
12 096
36 687
-
-
Income
149 000
149 000
149 000
149 000
Total tax
48 180
80 865
34 363
27 122
After tax
100 820
68 135
114 637
121 878
Living cost
76 390
76 390
76 390
76 390
Free-cash
24 430
-8 255
38 247
45 488

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27649
₽43939
₽33254
₽50800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
trade
-
-
-
17 546
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.

-
-
-
42 961
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.

-
-
-
6 862
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.

-
-
-
2 364
total
-
-
-
69 733
Employee

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

60 364
-
149 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

391
-
2 364
-
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.

7 098
-
42 961
-
total
14 351
-
52 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 636
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.

732
1 229
-
-
income
13 295
22 351
-
-
trade
15 201
25 553
-
-
chamber of commerce
276
362
-
-
total
29 504
49 495
-
-
Dividends
59 131
99 505
-
-
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.

793
1 348
-
-
withholding
14 400
24 495
-
-
total
15 193
25 843
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 048
75 338
52 187
69 733
After tax
89 952
73 662
96 813
79 267
Living cost
46 013
46 013
46 013
46 013
Free-cash
43 939
27 649
50 800
33 254

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽40733
₽46660
₽50053
₽50638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 060
pensions
-
-
-
29 230
other
-
-
-
4 618
health
-
-
-
5 429
surtax
-
-
-
-
social contributions
-
-
-
4 245
total
-
-
-
64 582
Employee
42 988
-
117 018
-
social contributions
1 226
-
3 336
-
surtax
-
-
-
-
income
2 537
-
21 245
-
pensions
4 861
-
7 432
-
total
8 624
-
32 013
-
Employer
42 988
-
117 018
-
other
1 483
-
4 265
-
social contributions
130
-
351
-
unemployment
1 740
-
4 739
-
pensions
7 062
-
12 636
-
health
3 010
-
9 993
-
total
13 425
-
31 984
-
Corporate
92 588
149 000
-
-
surtax
-
-
-
-
income
25 925
41 720
-
-
total
25 925
41 720
-
-
Dividends
66 663
107 280
-
-
surtax
-
-
-
-
social contributions
11 467
18 451
-
-
withholding
8 534
13 731
-
-
total
20 001
32 182
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 975
73 902
63 997
64 582
After tax
81 025
75 098
85 003
84 418
Living cost
34 365
34 365
34 365
34 365
Free-cash
46 660
40 733
50 638
50 053

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44138
₽49717
₽53458
₽54043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 060
pensions
-
-
-
29 230
other
-
-
-
4 618
health
-
-
-
5 429
surtax
-
-
-
-
social contributions
-
-
-
4 245
total
-
-
-
64 582
Employee
38 373
-
117 018
-
social contributions
1 094
-
3 336
-
surtax
-
-
-
-
income
1 979
-
21 245
-
pensions
4 340
-
7 432
-
total
7 413
-
32 013
-
Employer
38 373
-
117 018
-
other
1 325
-
4 265
-
social contributions
114
-
351
-
unemployment
1 553
-
4 739
-
pensions
6 305
-
12 636
-
health
2 686
-
9 993
-
total
11 983
-
31 984
-
Corporate
98 644
149 000
-
-
surtax
-
-
-
-
income
27 621
41 720
-
-
total
27 621
41 720
-
-
Dividends
71 023
107 280
-
-
surtax
-
-
-
-
social contributions
12 216
18 451
-
-
withholding
9 090
13 731
-
-
total
21 306
32 182
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 323
73 902
63 997
64 582
After tax
80 677
75 098
85 003
84 418
Living cost
30 960
30 960
30 960
30 960
Free-cash
49 717
44 138
54 043
53 458

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽69605
₽70126
₽74387
₽72136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 351
health
-
-
-
10 400
social contributions
-
-
-
20 563
total
-
-
-
53 314
Employee
34 056
-
149 000
-
social contributions
4 700
-
20 563
-
health
2 377
-
10 400
-
income
5 680
-
24 602
-
total
12 757
-
55 565
-
Employer
34 056
-
149 000
-
total
-
-
-
-
Corporate
114 944
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%.

5 747
7 451
-
-
total
5 747
7 451
-
-
Dividends
109 197
141 549
-
-
health
7 622
9 879
-
-
social contributions
15 070
19 534
-
-
withholding
16 379
21 232
-
-
total
39 071
50 645
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 575
58 096
55 565
53 314
After tax
91 425
90 904
93 435
95 686
Living cost
21 299
21 299
21 299
21 299
Free-cash
70 126
69 605
72 136
74 387

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47317
₽45762
₽40872
₽3563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
chamber of commerce
-
-
-
597
income
-
-
-
35 097
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
72 736
Employee
50 197
40 028
115 548
-
other
501
400
1 155
-
health
1 942
1 550
4 472
-
income
5 714
2 953
27 732
-
pensions
5 141
4 098
11 833
-
unemployment
1 506
1 201
3 467
-
total
14 804
10 202
48 659
-
Employer
50 197
40 028
115 548
-
accident
652
520
1 502
-
other
2 385
1 900
5 488
-
chamber of commerce
200
160
461
-
unemployment
1 506
1 201
3 467
-
surtax
198
198
198
-
pensions
6 300
5 024
14 502
-
payroll
1 506
1 201
3 467
-
health
1 897
1 513
4 367
-
total
14 644
11 717
33 452
-
Corporate
84 161
97 254
111 736
-
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.

21 039
24 314
27 934
-
total
21 039
24 314
27 934
-
Dividends
63 121
72 939
-
-
withholding
17 359
20 058
-
-
total
17 359
20 058
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 846
66 291
110 045
72 736
After tax
81 154
82 709
38 955
76 264
Living cost
35 392
35 392
35 392
35 392
Free-cash
45 762
47 317
3 563
40 872

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46765
₽31701
₽28559
₽17395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
national
-
-
-
52 974
communal

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

-
-
-
7 542
social contributions
-
-
-
23 302
total
-
-
-
83 818
Employee

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

71 847
-
115 405
-
communal

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

3 747
-
6 019
-
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.

3 376
-
5 423
-
pensions

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

5 389
-
8 656
-
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.

625
-
1 005
-
national
22 089
-
40 285
-
total
35 226
-
61 388
-
Employer

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

71 847
-
115 405
-
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.

934
-
1 500
-
unemployment

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

1 048
-
1 685
-
surtax
8 147
-
13 087
-
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.

6 366
-
10 224
-
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.

4 418
-
7 098
-
total
20 913
-
33 594
-
Corporate
56 239
149 000
-
-
surtax
225
597
-
-
income
11 248
29 800
-
-
total
11 473
30 397
-
-
Dividends
44 766
118 604
-
-
withholding

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

13 064
35 215
-
-
total
13 064
35 215
-
-
Income
149 000
149 000
149 000
149 000
Total tax
80 676
65 612
94 982
83 818
After tax
68 324
83 388
54 018
65 182
Living cost
36 623
36 623
36 623
36 623
Free-cash
31 701
46 765
17 395
28 559

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63381
₽56006
₽47657
₽43368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
37 139
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 069
Employee
49 998
-
119 320
-
other
50
-
93
-
income
10 549
-
33 767
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
39 679
-
Employer
49 998
-
119 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 750
-
5 120
-
pensions
11 799
-
21 971
-
total
15 936
-
29 679
-
Corporate
83 065
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.

12 460
22 351
-
-
total
12 460
22 351
-
-
Dividends
70 605
126 649
-
-
withholding
14 599
26 994
-
-
total
14 599
26 994
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 720
49 345
69 358
65 069
After tax
92 280
99 655
79 642
83 931
Living cost
36 274
36 274
36 274
36 274
Free-cash
56 006
63 381
43 368
47 657

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34114
₽22728
₽22209
₽28150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
1 256
income
-
-
-
21 346
pensions
-
-
-
22 334
health
-
-
-
10 468
surtax
-
-
-
7 386
communal
-
-
-
9 416
total
-
-
-
72 206
Employee
76 064
-
133 096
-
health
3 385
-
5 924
-
surtax
4 662
-
8 156
-
income
7 347
-
25 634
-
pensions
6 084
-
10 647
-
total
21 478
-
50 361
-
Employer
76 064
-
133 096
-
accident
684
-
1 197
-
pensions
6 084
-
10 647
-
health
2 320
-
4 060
-
total
9 088
-
15 904
-
Corporate
63 847
149 000
-
-
surtax
671
1 565
-
-
communal
4 310
10 058
-
-
income
9 576
22 351
-
-
total
14 557
33 974
-
-
Dividends
49 291
115 026
-
-
income
19 170
9 073
-
-
withholding
7 394
17 254
-
-
total
26 564
26 327
-
-
Income
149 000
149 000
149 000
149 000
Total tax
71 687
60 301
66 265
72 206
After tax
77 313
88 699
82 735
76 794
Living cost
54 585
54 585
54 585
54 585
Free-cash
22 728
34 114
28 150
22 209

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71161
₽67966
₽48146
₽43743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 494
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 242
total
-
-
-
78 293
Employee
33 826
-
123 091
-
other
-
-
-
-
health
863
-
3 137
-
surtax
120
-
4 548
-
income
5 671
-
32 323
-
pensions
2 257
-
8 210
-
unemployment
2 354
-
8 568
-
total
11 265
-
56 786
-
Employer
33 826
-
123 091
-
other
-
-
-
-
unemployment
1 073
-
3 902
-
pensions
4 510
-
16 408
-
health
1 538
-
5 600
-
total
7 121
-
25 910
-
Corporate
108 053
149 000
-
-
income
28 094
38 739
-
-
total
28 094
38 739
-
-
Dividends
79 959
110 261
-
-
withholding
11 993
16 539
-
-
total
11 993
16 539
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 473
55 278
82 696
78 293
After tax
90 527
93 722
66 304
70 707
Living cost
22 561
22 561
22 561
22 561
Free-cash
67 966
71 161
43 743
48 146

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
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.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51262
₽49033
₽45270
₽38394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
886
regional
-
-
-
2 246
national
-
-
-
35 219
social contributions
-
-
-
38 322
total
-
-
-
76 673
Employee
55 717
-
149 000
-
social contributions
18 788
-
50 243
-
regional
750
-
2 004
-
municipal
295
-
789
-
national
8 827
-
30 513
-
total
28 660
-
83 549
-
Employer
55 717
-
149 000
-
total
-
-
-
-
Corporate
93 283
149 000
-
-
nationa
22 387
35 760
-
-
municipal
4 636
7 405
-
-
total
27 023
43 165
-
-
Dividends
66 260
105 835
-
-
withholding
17 227
27 516
-
-
total
17 227
27 516
-
-
Income
149 000
149 000
149 000
149 000
Total tax
72 910
70 681
83 549
76 673
After tax
76 090
78 319
65 451
72 327
Living cost
27 057
27 057
27 057
27 057
Free-cash
49 033
51 262
38 394
45 270

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72989
₽62430
₽50577
₽46014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 148
health
-
-
-
20 115
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
68 825
Employee
43 526
-
111 194
-
social contributions
2 829
-
7 228
-
health
5 876
-
15 011
-
solidarity contribution
-
-
-
-
income
5 223
-
13 343
-
total
13 928
-
35 582
-
Employer
43 526
-
111 194
-
social contributions
10 882
-
27 799
-
health
3 917
-
10 007
-
total
14 799
-
37 806
-
Corporate
90 675
149 000
-
-
income
17 228
28 310
-
-
total
17 228
28 310
-
-
Dividends
73 447
120 690
-
-
withholding
11 017
18 103
-
-
total
11 017
18 103
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 972
46 413
73 388
68 825
After tax
92 028
102 587
75 612
80 175
Living cost
29 598
29 598
29 598
29 598
Free-cash
62 430
72 989
46 014
50 577

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50770
₽50276
₽44417
₽6947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
chamber of commerce
-
-
-
597
income
-
-
-
35 097
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
72 538
Employee
43 906
40 028
115 701
-
other
438
400
1 157
-
health
1 698
1 550
4 477
-
income
3 911
2 953
27 785
-
pensions
4 496
4 098
11 848
-
unemployment
1 317
1 201
3 471
-
total
11 860
10 202
48 738
-
Employer
43 906
40 028
115 701
-
accident
570
520
1 504
-
other
2 085
1 900
5 495
-
chamber of commerce
175
160
463
-
unemployment
1 317
1 201
3 471
-
surtax
-
-
-
-
pensions
5 511
5 024
14 521
-
payroll
1 317
1 201
3 471
-
health
1 660
1 513
4 373
-
total
12 635
11 519
33 298
-
Corporate
92 458
97 452
111 890
-
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.

23 115
24 364
27 972
-
total
23 115
24 364
27 972
-
Dividends
69 343
73 088
-
-
withholding
19 069
20 100
-
-
total
19 069
20 100
-
-
Income
149 000
149 000
149 000
149 000
Total tax
66 679
66 185
110 008
72 538
After tax
82 321
82 815
38 992
76 462
Living cost
32 045
32 045
32 045
32 045
Free-cash
50 276
50 770
6 947
44 417

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127369
₽124710
₽133329
₽105019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
149 000
-
income
3 545
-
29 800
-
total
3 545
-
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%.

131 274
149 000
-
-
total
-
-
-
-
Dividends
131 274
149 000
-
-
withholding
6 564
7 450
-
-
total
6 564
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
10 109
7 450
29 800
1 490
After tax
138 891
141 550
119 200
147 510
Living cost
14 181
14 181
14 181
14 181
Free-cash
124 710
127 369
105 019
133 329

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75646
₽67243
₽47249
₽43300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
149 000
income
-
-
-
32 714
pensions
-
-
-
27 211
unemployment
-
-
-
223
health
-
-
-
14 662
total
-
-
-
74 810
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.

44 416
-
128 925
-
health
2 869
-
8 330
-
income
7 659
-
30 190
-
pensions
6 885
-
19 983
-
unemployment
63
-
181
-
total
17 476
-
58 684
-
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.

44 416
-
128 925
-
unemployment
27
-
78
-
pensions
3 930
-
11 410
-
health
2 958
-
8 587
-
total
6 915
-
20 075
-
Corporate
97 669
149 000
-
-
income
18 558
28 309
-
-
total
18 558
28 309
-
-
Dividends
79 111
120 691
-
-
withholding
11 867
18 104
-
-
total
11 867
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 816
46 413
78 759
74 810
After tax
94 184
102 587
70 241
74 190
Living cost
26 941
26 941
26 941
26 941
Free-cash
67 243
75 646
43 300
47 249

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47090
-₽1533
₽59409
₽92156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
29 043
social contributions
-
-
-
16 986
total
-
-
-
46 029
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
149 000
-
-
income
-
32 780
-
-
total
-
32 780
-
-
Dividends
-
116 220
-
-
income
-
25 568
-
-
total
-
25 568
-
-
Income
149 000
149 000
149 000
149 000
Total tax
106 971
58 348
13 282
46 029
After tax
42 029
90 652
135 718
102 971
Living cost
43 562
43 562
43 562
43 562
Free-cash
-1 533
47 090
92 156
59 409

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53246
₽52233
₽49260
₽38786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 457
surtax
-
-
-
-
social contributions

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

-
-
-
51 777
total
-
-
-
68 234
Employee
46 196
-
120 403
-
social contributions
5 082
-
13 244
-
surtax
-
-
-
-
income
9 609
-
36 869
-
total
14 691
-
50 113
-
Employer
46 196
-
120 403
-
social contributions
10 971
-
28 595
-
total
10 971
-
28 595
-
Corporate
91 833
149 000
-
-
surtax
-
-
-
-
income
19 286
31 290
-
-
total
19 286
31 290
-
-
Dividends
72 547
117 710
-
-
withholding
20 313
32 958
-
-
total
20 313
32 958
-
-
Income
149 000
149 000
149 000
149 000
Total tax
65 261
64 248
78 708
68 234
After tax
83 739
84 752
70 292
80 766
Living cost
31 506
31 506
31 506
31 506
Free-cash
52 233
53 246
38 786
49 260

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26586
₽33490
₽35906
₽36491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 060
pensions
-
-
-
29 230
other
-
-
-
4 618
health
-
-
-
5 429
surtax
-
-
-
-
social contributions
-
-
-
4 245
total
-
-
-
64 582
Employee
62 909
-
117 018
-
social contributions
1 792
-
3 336
-
surtax
-
-
-
-
income
5 489
-
21 245
-
pensions
7 115
-
7 432
-
total
14 396
-
32 013
-
Employer
62 909
-
117 018
-
other
2 171
-
4 265
-
social contributions
189
-
351
-
unemployment
2 548
-
4 739
-
pensions
10 337
-
12 636
-
health
4 403
-
9 993
-
total
19 648
-
31 984
-
Corporate
66 443
149 000
-
-
surtax
-
-
-
-
income
18 603
41 720
-
-
total
18 603
41 720
-
-
Dividends
47 839
107 280
-
-
surtax
-
-
-
-
social contributions
8 227
18 451
-
-
withholding
6 124
13 731
-
-
total
14 351
32 182
-
-
Income
149 000
149 000
149 000
149 000
Total tax
66 998
73 902
63 997
64 582
After tax
82 002
75 098
85 003
84 418
Living cost
48 512
48 512
48 512
48 512
Free-cash
33 490
26 586
36 491
35 906

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103907
₽100533
₽80506
₽84463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 522
social contributions
-
-
-
32 779
total
-
-
-
38 301
Employee
32 291
-
129 003
-
income
-
-
5 962
-
social contributions
2 099
-
8 385
-
total
2 099
-
14 347
-
Employer
32 291
-
129 003
-
social contributions
5 005
-
19 997
-
total
5 005
-
19 997
-
Corporate
111 703
149 000
-
-
income
11 170
14 900
-
-
total
11 170
14 900
-
-
Dividends
100 534
134 100
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
18 274
14 900
34 344
38 301
After tax
130 726
134 100
114 656
110 699
Living cost
30 193
30 193
30 193
30 193
Free-cash
100 533
103 907
84 463
80 506

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69840
-₽69840
₽41118
-₽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
municipal
-
-
-
30 208
pensions
-
-
-
871
national
-
-
-
16 580
labour market
-
-
-
11 850
total
-
-
-
59 509
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
170 467
170 467
170 467
59 509
After tax
-21 467
-21 467
-21 467
89 491
Living cost
48 373
48 373
48 373
48 373
Free-cash
-69 840
-69 840
-69 840
41 118

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9651
₽8739
₽80237
₽58247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
253
income
-
-
-
40 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 043
Employee
34 167
-
132 501
-
health
3 912
-
15 172
-
income
4 687
-
29 717
-
pensions
3 847
-
7 645
-
total
12 446
-
52 534
-
Employer
34 167
-
132 501
-
accident
571
-
2 213
-
unemployment
837
-
3 246
-
pensions
5 555
-
11 040
-
total
6 963
-
16 499
-
Corporate
107 870
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.

97 083
134 100
-
-
total
97 083
134 100
-
-
Dividends
10 787
14 900
-
-
withholding
2 049
2 831
-
-
total
2 049
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
118 541
136 931
69 033
47 043
After tax
30 459
12 069
79 967
101 957
Living cost
21 720
21 720
21 720
21 720
Free-cash
8 739
-9 651
58 247
80 237

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56539
₽58393
₽61597
₽41377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
municipal
-
-
-
26 483
health
-
-
-
1 876
national
-
-
-
20 481
total
-
-
-
48 840
Employee
52 845
-
125 347
-
health
395
-
1 512
-
municipal
8 656
-
20 429
-
pensions
3 566
-
8 461
-
unemployment
793
-
1 879
-
national
873
-
13 127
-
total
14 283
-
45 408
-
Employer
52 845
-
125 347
-
accident
53
-
126
-
unemployment
343
-
814
-
pensions
9 168
-
21 748
-
health
406
-
964
-
total
9 970
-
23 652
-
Corporate
86 184
149 000
-
-
income
17 237
29 800
-
-
total
17 237
29 800
-
-
Dividends

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

51 711
89 400
-
-
national
1 247
8 007
-
-
municipal
9 307
16 091
-
-
total
10 554
24 098
-
-
Income
149 000
149 000
149 000
149 000
Total tax
52 044
53 898
69 060
48 840
After tax
96 956
95 102
79 940
100 160
Living cost
38 563
38 563
38 563
38 563
Free-cash
58 393
56 539
41 377
61 597

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85533
₽80065
₽79986
₽78600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 709
health
-
-
-
3 799
social contributions
-
-
-
16 251
total
-
-
-
45 759
Employee
77 236
77 236
137 804
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 343
-
income
8 410
7 150
24 962
-
total
11 929
14 873
35 951
-
Employer
77 236
77 236
137 804
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 548
-
total
3 570
7 840
11 194
-
Corporate
110 246
63 925
-
-
income
13 781
7 990
-
-
total
13 781
7 990
-
-
Dividends
96 465
55 934
-
-
withholding
16 400
9 509
-
-
total
16 400
9 509
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 680
40 212
47 145
45 759
After tax
103 320
108 788
101 855
103 241
Living cost
23 255
23 255
23 255
23 255
Free-cash
80 065
85 533
78 600
79 986

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107441
₽102330
₽108071
₽87923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 929
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
24 982
Employee

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

23 055
-
139 184
-
health
1 959
-
8 101
-
income
1 576
-
12 439
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
35 313
-
Employer

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

23 055
-
139 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
123 572
149 000
-
-
income
11 122
13 409
-
-
total
11 122
13 409
-
-
Dividends
112 450
135 591
-
-
withholding
10 121
12 203
-
-
total
10 121
12 203
-
-
Income
149 000
149 000
149 000
149 000
Total tax
30 723
25 612
45 130
24 982
After tax
118 277
123 388
103 870
124 018
Living cost
15 947
15 947
15 947
15 947
Free-cash
102 330
107 441
87 923
108 071

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72034
₽67392
₽56310
₽52021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
37 139
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 069
Employee
37 140
-
119 320
-
other
36
-
93
-
income
7 160
-
33 767
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
39 679
-
Employer
37 140
-
119 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 971
-
total
11 840
-
29 679
-
Corporate
100 020
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.

15 003
22 351
-
-
total
15 003
22 351
-
-
Dividends
85 017
126 649
-
-
withholding
17 626
26 994
-
-
total
17 626
26 994
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 987
49 345
69 358
65 069
After tax
95 013
99 655
79 642
83 931
Living cost
27 621
27 621
27 621
27 621
Free-cash
67 392
72 034
52 021
56 310

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90225
₽89772
₽92483
₽92287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 304
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
53 766
Employee
4 190
-
146 743
-
health
210
-
502
-
income
811
-
50 199
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
51 704
-
Employer
4 190
-
146 743
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
143 867
149 000
-
-
income
31 651
32 780
-
-
total
31 651
32 780
-
-
Dividends
112 216
116 220
-
-
withholding
22 443
23 244
-
-
total
22 443
23 244
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 477
56 024
53 962
53 766
After tax
92 523
92 976
95 038
95 234
Living cost
2 751
2 751
2 751
2 751
Free-cash
89 772
90 225
92 287
92 483

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90283
₽85342
₽70518
₽70517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 054
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
61 112
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.

26 193
-
135 713
-
health
1 349
-
3 823
-
income
3 610
-
33 054
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
47 826
-
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.

26 193
-
135 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
118 119
149 000
-
-
income
17 718
22 350
-
-
total
17 718
22 350
-
-
Dividends
100 401
126 650
-
-
withholding
15 060
18 997
-
-
total
15 060
18 997
-
-
Income
149 000
149 000
149 000
149 000
Total tax
46 288
41 347
61 113
61 112
After tax
102 712
107 653
87 887
87 888
Living cost
17 370
17 370
17 370
17 370
Free-cash
85 342
90 283
70 517
70 518

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57673
₽57310
₽53687
₽43213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 457
surtax
-
-
-
-
social contributions

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

-
-
-
51 777
total
-
-
-
68 234
Employee
38 984
-
120 403
-
social contributions
4 289
-
13 244
-
surtax
-
-
-
-
income
7 617
-
36 869
-
total
11 906
-
50 113
-
Employer
38 984
-
120 403
-
social contributions
9 258
-
28 595
-
total
9 258
-
28 595
-
Corporate
100 758
149 000
-
-
surtax
-
-
-
-
income
21 159
31 290
-
-
total
21 159
31 290
-
-
Dividends
79 599
117 710
-
-
withholding
22 288
32 958
-
-
total
22 288
32 958
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 611
64 248
78 708
68 234
After tax
84 389
84 752
70 292
80 766
Living cost
27 079
27 079
27 079
27 079
Free-cash
57 310
57 673
43 213
53 687

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64355
₽57320
₽48631
₽44342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
37 139
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 069
Employee
48 509
-
119 320
-
other
48
-
93
-
income
10 132
-
33 767
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
39 679
-
Employer
48 509
-
119 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 971
-
total
15 467
-
29 679
-
Corporate
85 025
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.

12 754
22 351
-
-
total
12 754
22 351
-
-
Dividends
72 271
126 649
-
-
withholding
14 948
26 994
-
-
total
14 948
26 994
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 380
49 345
69 358
65 069
After tax
92 620
99 655
79 642
83 931
Living cost
35 300
35 300
35 300
35 300
Free-cash
57 320
64 355
44 342
48 631

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110119
₽104001
₽100008
₽105550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 716
Employee
22 876
-
142 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 211
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 291
-
Employer
22 876
-
142 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
121 635
149 000
-
-
income
12 163
14 900
-
-
total
12 163
14 900
-
-
Dividends
109 472
134 100
-
-
withholding
5 473
6 705
-
-
total
5 473
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
27 723
21 605
26 174
31 716
After tax
121 277
127 395
122 826
117 284
Living cost
17 276
17 276
17 276
17 276
Free-cash
104 001
110 119
105 550
100 008

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
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.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37948
₽51089
₽43354
₽58035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
trade
-
-
-
14 681
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.

-
-
-
42 961
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.

-
-
-
6 862
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.

-
-
-
2 364
total
-
-
-
66 868
Employee

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

49 976
-
149 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

227
-
2 364
-
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.

4 110
-
42 961
-
total
11 199
-
52 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 024
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.

818
1 229
-
-
income
14 854
22 351
-
-
trade
14 210
21 381
-
-
chamber of commerce
297
372
-
-
total
30 179
45 333
-
-
Dividends
68 844
103 668
-
-
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
1 405
-
-
withholding
16 829
25 536
-
-
total
17 755
26 941
-
-
Income
149 000
149 000
149 000
149 000
Total tax
59 133
72 274
52 187
66 868
After tax
89 867
76 726
96 813
82 132
Living cost
38 778
38 778
38 778
38 778
Free-cash
51 089
37 948
58 035
43 354

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47084
₽49301
₽24572
₽24572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 998
social contributions
-
-
-
24 213
total
-
-
-
67 211
Employee
78 569
-
149 000
-
income
14 826
-
42 998
-
social contributions
6 527
-
24 213
-
total
21 353
-
67 211
-
Employer
78 569
-
149 000
-
total
-
-
-
-
Corporate
70 431
149 000
-
-
income
8 804
18 624
-
-
total
8 804
18 624
-
-
Dividends
61 627
130 376
-
-
withholding
12 325
26 075
-
-
total
12 325
26 075
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 482
44 699
67 211
67 211
After tax
106 518
104 301
81 789
81 789
Living cost
57 217
57 217
57 217
57 217
Free-cash
49 301
47 084
24 572
24 572

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55081
₽58591
₽77218
₽71185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
149 000
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
144 380
-
income
5 000
-
32 114
-
social contributions
4 617
-
4 620
-
total
9 617
-
36 734
-
Employer
46 077
-
144 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
98 306
149 000
-
-
income
34 407
52 151
-
-
total
34 407
52 151
-
-
Dividends
63 899
96 849
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 948
57 458
41 354
35 321
After tax
95 052
91 542
107 646
113 679
Living cost
36 461
36 461
36 461
36 461
Free-cash
58 591
55 081
71 185
77 218

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63256
₽68711
₽63620
₽49981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
39 639
pensions
-
-
-
8 473
total
-
-
-
48 112
Employee
51 156
-
130 417
-
health
667
-
1 998
-
income
9 316
-
30 546
-
pensions
3 904
-
10 624
-
total
13 887
-
43 168
-
Employer
51 156
-
130 417
-
pensions
5 168
-
16 106
-
health
972
-
2 477
-
total
6 140
-
18 583
-
Corporate
91 704
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.

17 423
28 310
-
-
total
17 423
28 310
-
-
Dividends
74 280
120 690
-
-
withholding
5 571
20 166
-
-
total
5 571
20 166
-
-
Income
149 000
149 000
149 000
149 000
Total tax
43 021
48 476
61 751
48 112
After tax
105 979
100 524
87 249
100 888
Living cost
37 268
37 268
37 268
37 268
Free-cash
68 711
63 256
49 981
63 620

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11802
₽8408
₽78086
₽56096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
accident
-
-
-
253
income
-
-
-
40 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 043
Employee
37 549
-
132 501
-
health
4 299
-
15 172
-
income
5 151
-
29 717
-
pensions
4 228
-
7 645
-
total
13 678
-
52 534
-
Employer
37 549
-
132 501
-
accident
627
-
2 213
-
unemployment
920
-
3 246
-
pensions
6 105
-
11 040
-
total
7 652
-
16 499
-
Corporate
103 799
149 000
-
-
income

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

93 419
134 100
-
-
total
93 419
134 100
-
-
Dividends
10 380
14 900
-
-
withholding
1 972
2 831
-
-
total
1 972
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
116 721
136 931
69 033
47 043
After tax
32 279
12 069
79 967
101 957
Living cost
23 871
23 871
23 871
23 871
Free-cash
8 408
-11 802
56 096
78 086

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111817
₽107118
₽70315
₽89204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
work injury
-
-
-
745
health insurance
-
-
-
11 026
income
-
-
-
24 144
pensions
-
-
-
27 416
unemployment
-
-
-
1 788
total
-
-
-
65 119
Employee

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

21 706
-
149 000
-
work injury
109
-
402
-
income
2 171
-
24 144
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
46 230
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 294
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%.

1 273
1 490
-
-
total
1 273
1 490
-
-
Dividends
126 021
147 510
-
-
withholding
18 903
22 127
-
-
total
18 903
22 127
-
-
Income
149 000
149 000
149 000
149 000
Total tax
28 316
23 617
46 230
65 119
After tax
120 684
125 383
102 770
83 881
Living cost
13 566
13 566
13 566
13 566
Free-cash
107 118
111 817
89 204
70 315

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38469
₽33899
₽31066
₽24387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
municipal
-
-
-
997
regional
-
-
-
3 382
national
-
-
-
35 219
social contributions
-
-
-
38 322
total
-
-
-
77 920
Employee
84 639
-
149 000
-
social contributions
28 540
-
50 243
-
regional
1 278
-
2 955
-
municipal
505
-
888
-
national
14 303
-
30 513
-
total
44 626
-
84 599
-
Employer
84 639
-
149 000
-
total
-
-
-
-
Corporate
64 361
149 000
-
-
nationa
15 447
35 760
-
-
municipal
3 103
7 182
-
-
total
18 550
42 942
-
-
Dividends
45 811
106 058
-
-
withholding
11 911
27 575
-
-
total
11 911
27 575
-
-
Income
149 000
149 000
149 000
149 000
Total tax
75 087
70 517
84 599
77 920
After tax
73 913
78 483
64 401
71 080
Living cost
40 014
40 014
40 014
40 014
Free-cash
33 899
38 469
24 387
31 066

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close