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
₽46758
₽67484
₽50887
₽57137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income

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

-
-
-
44 252
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.

-
-
-
2 434
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.

-
-
-
6 410
trade
-
-
-
16 597
total
-
-
-
69 693
Employee

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

35 888
-
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.

55
-
2 434
-
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.

1 002
-
44 252
-
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.

6 410
-
6 410
-
total
7 467
-
53 096
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 112
149 000
-
-
income
16 967
22 350
-
-
surtax

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

933
1 229
-
-
chamber of commerce
304
356
-
-
trade
17 815
23 467
-
-
total
36 019
47 402
-
-
Dividends
77 092
101 598
-
-
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.

1 040
1 378
-
-
withholding
18 917
25 042
-
-
total
19 957
26 420
-
-
Income
149 000
149 000
149 000
149 000
Total tax
63 443
73 822
53 096
69 693
After tax
85 557
75 178
95 904
79 307
Living cost
28 420
28 420
28 420
28 420
Free-cash
57 137
46 758
67 484
50 887

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43020
₽39558
₽38389
₽42190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
1 602
municipal
-
-
-
16 149
national
-
-
-
25 024
pensions
-
-
-
17 880
total
-
-
-
60 655
Employee
77 442
-
128 809
-
municipal
9 565
-
16 726
-
pensions
3 098
-
5 152
-
national
14 822
-
25 918
-
total
27 485
-
47 796
-
Employer
77 442
-
128 809
-
pensions
6 195
-
10 305
-
social contributions
832
-
1 385
-
total
7 027
-
11 690
-
Corporate
59 419
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%.

11 884
29 800
-
-
total
11 884
29 800
-
-
Dividends
47 536
119 200
-
-
withholding
10 458
26 224
-
-
total
10 458
26 224
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 854
56 024
59 486
60 655
After tax
92 146
92 976
89 514
88 345
Living cost
49 956
49 956
49 956
49 956
Free-cash
42 190
43 020
39 558
38 389

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99679
₽70236
₽30498
₽91983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
149 000
income
-
-
-
25 035
surtax
-
-
-
37 995
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
98 981
Employee
27 418
-
108 548
-
surtax
-
-
-
-
social contributions

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

3 016
-
11 941
-
income
4 881
-
21 152
-
total
7 897
-
33 093
-
Employer
27 418
-
108 548
-
social contributions

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

6 604
-
26 150
-
surtax
-
-
-
-
total
6 604
-
26 150
-
Corporate
114 978
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%.

22 995
29 800
-
-
total
22 995
29 800
-
-
Dividends

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

91 983
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
37 496
29 800
59 243
98 981
After tax
111 504
119 200
89 757
50 019
Living cost
19 521
19 521
19 521
19 521
Free-cash
91 983
99 679
70 236
30 498

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34218
₽52019
₽44086
₽28469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
43 044
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
65 607
Employee
80 127
80 127
131 562
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
17 674
-
health
12 299
10 461
11 570
-
total
39 838
34 570
40 237
-
Employer
80 127
80 127
131 562
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
55 824
54 841
-
-
income
11 164
10 969
-
-
total
11 164
10 969
-
-
Dividends
44 660
43 873
-
-
income
9 491
9 323
-
-
withholding
6 699
6 581
-
-
total
16 190
15 904
-
-
Income
149 000
149 000
149 000
149 000
Total tax
81 224
75 475
57 674
65 607
After tax
67 776
73 525
91 326
83 393
Living cost
39 307
39 307
39 307
39 307
Free-cash
28 469
34 218
52 019
44 086

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43870
₽39133
₽40043
₽43029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
37 335
national
-
-
-
10 339
pensions
-
-
-
8 881
total
-
-
-
71 473
Employee
53 411
-
123 188
-
municipal
15 927
-
36 735
-
national
-
-
9 836
-
total
15 927
-
46 571
-
Employer
53 411
-
123 188
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
78 807
149 000
-
-
income
17 337
32 780
-
-
total
17 337
32 780
-
-
Dividends
61 469
116 220
-
-
withholding
18 441
34 866
-
-
total
18 441
34 866
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 487
67 646
72 383
71 473
After tax
80 513
81 354
76 617
77 527
Living cost
37 484
37 484
37 484
37 484
Free-cash
43 029
43 870
39 133
40 043

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37552
₽59044
₽41710
₽50735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income

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

-
-
-
44 252
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.

-
-
-
2 434
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.

-
-
-
6 410
trade
-
-
-
17 334
total
-
-
-
70 430
Employee

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

47 583
-
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.

224
-
2 434
-
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.

4 088
-
44 252
-
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.

6 410
-
6 410
-
total
10 722
-
53 096
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 417
149 000
-
-
income
15 212
22 350
-
-
surtax

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

837
1 229
-
-
chamber of commerce
287
354
-
-
trade
16 683
24 510
-
-
total
33 019
48 443
-
-
Dividends
68 399
100 557
-
-
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.

921
1 362
-
-
withholding
16 743
24 783
-
-
total
17 664
26 145
-
-
Income
149 000
149 000
149 000
149 000
Total tax
61 405
74 588
53 096
70 430
After tax
87 595
74 412
95 904
78 570
Living cost
36 860
36 860
36 860
36 860
Free-cash
50 735
37 552
59 044
41 710

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78316
₽70866
₽72222
₽74424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 363
social contributions
-
-
-
15 181
health
-
-
-
3 800
total
-
-
-
46 344
Employee
72 151
72 151
138 363
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
26 633
-
health
718
1 227
2 352
-
total
11 800
13 894
37 062
-
Employer
72 151
72 151
138 363
-
health
782
1 335
2 561
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
10 638
-
Corporate
102 478
69 525
-
-
income
12 810
8 691
-
-
total
12 810
8 691
-
-
Dividends
89 669
60 834
-
-
withholding
15 244
10 342
-
-
total
15 244
10 342
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 142
40 250
47 700
46 344
After tax
104 858
108 750
101 300
102 656
Living cost
30 434
30 434
30 434
30 434
Free-cash
74 424
78 316
70 866
72 222

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
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.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66913
₽69559
₽86403
₽67263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
124 686
-
unemployment
364
145
1 870
-
pensions
2 428
966
12 469
-
income
2 968
1 181
15 243
-
health
1 699
676
8 728
-
total
7 459
2 968
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.

24 275
9 661
124 686
-
pensions
4 734
1 884
24 314
-
total
4 734
1 884
24 314
-
Corporate
119 991
137 455
-
-
income
10 799
12 371
-
-
total
10 799
12 371
-
-
Dividends
109 192
125 084
-
-
social contributions
21 182
24 281
-
-
withholding
20 746
23 766
-
-
total
41 928
48 047
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 920
65 270
62 624
45 780
After tax
84 080
83 730
86 376
103 220
Living cost
16 817
16 817
16 817
16 817
Free-cash
67 263
66 913
69 559
86 403

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96536
₽63217
₽57201
₽90707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
19 966
health
-
-
-
19 369
pensions
-
-
-
29 800
total
-
-
-
69 135
Employee
26 618
-
111 360
-
unemployment
426
-
1 782
-
pensions
532
-
2 228
-
income
2 997
-
21 471
-
total
3 955
-
25 481
-
Employer
26 618
-
111 360
-
health
3 460
-
14 476
-
pensions
5 324
-
22 272
-
unemployment
214
-
890
-
total
8 998
-
37 638
-
Corporate
113 384
149 000
-
-
income
22 676
29 800
-
-
total
22 676
29 800
-
-
Dividends
90 708
119 200
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
35 629
29 800
63 119
69 135
After tax
113 371
119 200
85 881
79 865
Living cost
22 664
22 664
22 664
22 664
Free-cash
90 707
96 536
63 217
57 201

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8879
₽59329
₽80976
₽8857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 444
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 076
Employee
32 952
-
133 029
-
pensions
3 710
-
7 264
-
income
4 521
-
30 256
-
health
3 773
-
15 232
-
total
12 004
-
52 752
-
Employer
32 952
-
133 029
-
pensions
5 358
-
10 490
-
accident
550
-
2 222
-
unemployment
807
-
3 259
-
total
6 715
-
15 971
-
Corporate
109 332
149 000
-
-
income

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

98 399
134 100
-
-
total
98 399
134 100
-
-
Dividends
10 933
14 900
-
-
withholding
2 077
2 831
-
-
total
2 077
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
119 195
136 931
68 723
47 076
After tax
29 805
12 069
80 277
101 924
Living cost
20 948
20 948
20 948
20 948
Free-cash
8 857
-8 879
59 329
80 976

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133989
₽111639
₽139949
₽132571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
149 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
1 490
total
-
-
-
1 490
Employee
9 450
-
149 000
-
income
1 890
-
29 800
-
total
1 890
-
29 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

139 550
149 000
-
-
total
-
-
-
-
Dividends
139 550
149 000
-
-
withholding
6 978
7 450
-
-
total
6 978
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
8 868
7 450
29 800
1 490
After tax
140 132
141 550
119 200
147 510
Living cost
7 561
7 561
7 561
7 561
Free-cash
132 571
133 989
111 639
139 949

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84468
₽59835
₽55243
₽78134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 455
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
68 755
Employee
34 069
-
119 009
-
unemployment
340
-
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.

2 384
-
8 330
-
income
5 865
-
22 986
-
health
477
-
1 667
-
total
9 066
-
34 172
-
Employer
34 069
-
119 009
-
health
477
-
1 667
-
pensions

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

5 792
-
20 231
-
accident
272
-
953
-
unemployment
340
-
1 189
-
other
1 704
-
5 951
-
total
8 585
-
29 991
-
Corporate
106 345
149 000
-
-
income
22 332
31 291
-
-
total
22 332
31 291
-
-
Dividends
84 013
117 709
-
-
withholding
5 881
8 239
-
-
total
5 881
8 239
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 864
39 530
64 163
68 755
After tax
103 136
109 470
84 837
80 245
Living cost
25 002
25 002
25 002
25 002
Free-cash
78 134
84 468
59 835
55 243

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36583
₽23754
₽37329
₽36080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 874
pensions
-
-
-
8 111
total
-
-
-
48 985
Employee
88 691
-
130 310
-
pensions
8 556
-
10 095
-
income
15 987
-
31 824
-
health
1 461
-
1 951
-
total
26 004
-
43 870
-
Employer
88 691
-
130 310
-
health
1 684
-
2 475
-
pensions
10 472
-
16 215
-
total
12 156
-
18 690
-
Corporate
48 153
149 000
-
-
income

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

9 149
28 311
-
-
total
9 149
28 311
-
-
Dividends
39 004
120 689
-
-
withholding
2 925
21 420
-
-
total
2 925
21 420
-
-
Income
149 000
149 000
149 000
149 000
Total tax
50 234
49 731
62 560
48 985
After tax
98 766
99 269
86 440
100 015
Living cost
62 686
62 686
62 686
62 686
Free-cash
36 080
36 583
23 754
37 329

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115096
₽111271
₽105602
₽110740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
31 099
Employee
16 286
-
142 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
14 257
-
health
749
-
1 507
-
total
3 986
-
19 001
-
Employer
16 286
-
142 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
129 518
149 000
-
-
income
12 952
14 900
-
-
total
12 952
14 900
-
-
Dividends
116 566
134 100
-
-
withholding
5 828
6 705
-
-
total
5 828
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
25 961
21 605
25 430
31 099
After tax
123 039
127 395
123 570
117 901
Living cost
12 299
12 299
12 299
12 299
Free-cash
110 740
115 096
111 271
105 602

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21495
₽39296
₽31363
₽23858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
43 044
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
65 607
Employee
86 993
80 127
131 562
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
17 674
-
health
10 853
10 461
11 570
-
total
34 962
34 570
40 237
-
Employer
86 993
80 127
131 562
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
46 776
54 841
-
-
income
9 355
10 969
-
-
total
9 355
10 969
-
-
Dividends
37 421
43 873
-
-
income
7 952
9 323
-
-
withholding
5 612
6 581
-
-
total
13 564
15 904
-
-
Income
149 000
149 000
149 000
149 000
Total tax
73 112
75 475
57 674
65 607
After tax
75 888
73 525
91 326
83 393
Living cost
52 030
52 030
52 030
52 030
Free-cash
23 858
21 495
39 296
31 363

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79575
₽52602
₽58397
₽71366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 366
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
20 115
total
-
-
-
67 592
Employee
33 839
-
111 194
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 228
-
income
4 061
-
13 343
-
health
4 568
-
15 011
-
total
10 829
-
35 582
-
Employer
33 839
-
111 194
-
health
3 045
-
10 007
-
social contributions
8 460
-
27 798
-
total
11 505
-
37 805
-
Corporate
103 656
149 000
-
-
income
19 695
28 310
-
-
total
19 695
28 310
-
-
Dividends
83 961
120 690
-
-
withholding
12 594
18 104
-
-
total
12 594
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 623
46 414
73 387
67 592
After tax
94 377
102 586
75 613
81 408
Living cost
23 011
23 011
23 011
23 011
Free-cash
71 366
79 575
52 602
58 397

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39905
₽25838
₽32572
₽35005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
38 322
regional
-
-
-
1 742
municipal
-
-
-
885
national
-
-
-
35 886
total
-
-
-
76 835
Employee
83 391
-
149 000
-
municipal
442
-
791
-
national
14 450
-
31 000
-
regional
787
-
1 535
-
social contributions
28 119
-
50 243
-
total
43 798
-
83 569
-
Employer
83 391
-
149 000
-
total
-
-
-
-
Corporate
65 609
149 000
-
-
municipal
2 559
5 810
-
-
nationa
15 746
35 760
-
-
total
18 305
41 570
-
-
Dividends
47 305
107 430
-
-
withholding
12 299
27 932
-
-
total
12 299
27 932
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 402
69 502
83 569
76 835
After tax
74 598
79 498
65 431
72 165
Living cost
39 593
39 593
39 593
39 593
Free-cash
35 005
39 905
25 838
32 572

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73016
₽44461
₽50004
₽70097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 506
other
-
-
-
-
surtax
-
-
-
5 634
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
78 291
Employee
31 029
-
123 089
-
other
-
-
-
-
unemployment
2 160
-
8 567
-
pensions
2 069
-
8 210
-
surtax
101
-
4 758
-
income
5 201
-
33 251
-
health
792
-
3 139
-
total
10 323
-
57 925
-
Employer
31 029
-
123 089
-
health
1 412
-
5 600
-
pensions
4 136
-
16 408
-
unemployment
983
-
3 901
-
other
-
-
-
-
total
6 531
-
25 909
-
Corporate
111 440
149 000
-
-
income
28 974
38 741
-
-
total
28 974
38 741
-
-
Dividends
82 465
110 259
-
-
withholding
12 370
16 538
-
-
total
12 370
16 538
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 198
55 279
83 834
78 291
After tax
90 802
93 721
65 166
70 709
Living cost
20 705
20 705
20 705
20 705
Free-cash
70 097
73 016
44 461
50 004

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56444
₽43615
₽57190
₽61439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 874
pensions
-
-
-
8 111
total
-
-
-
48 985
Employee
59 438
-
130 310
-
pensions
5 045
-
10 095
-
income
10 705
-
31 824
-
health
863
-
1 951
-
total
16 613
-
43 870
-
Employer
59 438
-
130 310
-
health
1 129
-
2 475
-
pensions
6 434
-
16 215
-
total
7 563
-
18 690
-
Corporate
81 998
149 000
-
-
income

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

15 579
28 311
-
-
total
15 579
28 311
-
-
Dividends
66 420
120 689
-
-
withholding
4 981
21 420
-
-
total
4 981
21 420
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 736
49 731
62 560
48 985
After tax
104 264
99 269
86 440
100 015
Living cost
42 825
42 825
42 825
42 825
Free-cash
61 439
56 444
43 615
57 190

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5953
₽40362
₽47609
₽25747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
other

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

-
-
-
2 980
regional
-
-
-
6 803
health
-
-
-
335
city
-
-
-
1 570
national
-
-
-
1 909
pensions
-
-
-
13 708
total
-
-
-
27 305
Employee
86 700
-
133 361
-
unemployment
-
-
-
-
pensions
7 284
-
11 204
-
national
410
-
1 565
-
regional
2 839
-
5 876
-
city
930
-
1 433
-
health
196
-
301
-
total
11 659
-
20 379
-
Employer
86 700
-
133 361
-
health
196
-
301
-
pensions
7 284
-
11 204
-
unemployment
-
-
-
-
other

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

1 733
-
2 668
-
total
9 213
-
14 173
-
Corporate
52 134
149 000
-
-
regional
11 027
31 514
-
-
national
4 432
12 665
-
-
total
15 459
44 179
-
-
Dividends
36 675
104 821
-
-
withholding
12 836
36 688
-
-
total
12 836
36 688
-
-
Income
149 000
149 000
149 000
149 000
Total tax
49 167
80 867
34 552
27 305
After tax
99 833
68 133
114 448
121 695
Living cost
74 086
74 086
74 086
74 086
Free-cash
25 747
-5 953
40 362
47 609

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30659
₽52920
₽34849
₽45877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income

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

-
-
-
44 252
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.

-
-
-
2 434
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.

-
-
-
6 410
trade
-
-
-
18 071
total
-
-
-
71 167
Employee

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

56 390
-
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.

365
-
2 434
-
income

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

6 631
-
44 252
-
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.

6 410
-
6 410
-
total
13 406
-
53 096
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 610
149 000
-
-
income
13 892
22 350
-
-
surtax

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

764
1 229
-
-
chamber of commerce
272
353
-
-
trade
15 883
25 554
-
-
total
30 811
49 486
-
-
Dividends
61 798
99 515
-
-
surtax

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

830
1 348
-
-
withholding
15 092
24 523
-
-
total
15 922
25 871
-
-
Income
149 000
149 000
149 000
149 000
Total tax
60 139
75 357
53 096
71 167
After tax
88 861
73 643
95 904
77 833
Living cost
42 984
42 984
42 984
42 984
Free-cash
45 877
30 659
52 920
34 849

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42993
₽51594
₽52127
₽48533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 994
other
-
-
-
4 619
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 792
pensions
-
-
-
28 120
total
-
-
-
64 770
Employee
40 158
-
116 365
-
pensions
4 541
-
7 655
-
surtax
-
-
-
-
social contributions
1 145
-
3 315
-
income
2 370
-
21 698
-
total
8 056
-
32 668
-
Employer
40 158
-
116 365
-
health
2 812
-
10 252
-
pensions
6 597
-
12 967
-
unemployment
1 626
-
4 713
-
social contributions
121
-
349
-
other
1 385
-
4 354
-
total
12 541
-
32 635
-
Corporate
96 301
149 000
-
-
income
26 964
41 720
-
-
surtax
-
-
-
-
total
26 964
41 720
-
-
Dividends
69 337
107 280
-
-
surtax
-
-
-
-
social contributions
11 928
18 452
-
-
withholding
8 875
13 732
-
-
total
20 803
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 364
73 904
65 303
64 770
After tax
80 636
75 096
83 697
84 230
Living cost
32 103
32 103
32 103
32 103
Free-cash
48 533
42 993
51 594
52 127

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46174
₽54775
₽55308
₽51388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 994
other
-
-
-
4 619
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 792
pensions
-
-
-
28 120
total
-
-
-
64 770
Employee
35 847
-
116 365
-
pensions
4 054
-
7 655
-
surtax
-
-
-
-
social contributions
1 022
-
3 315
-
income
1 848
-
21 698
-
total
6 924
-
32 668
-
Employer
35 847
-
116 365
-
health
2 509
-
10 252
-
pensions
5 890
-
12 967
-
unemployment
1 451
-
4 713
-
social contributions
107
-
349
-
other
1 238
-
4 354
-
total
11 195
-
32 635
-
Corporate
101 959
149 000
-
-
income
28 549
41 720
-
-
surtax
-
-
-
-
total
28 549
41 720
-
-
Dividends
73 410
107 280
-
-
surtax
-
-
-
-
social contributions
12 626
18 452
-
-
withholding
9 396
13 732
-
-
total
22 022
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
68 690
73 904
65 303
64 770
After tax
80 310
75 096
83 697
84 230
Living cost
28 922
28 922
28 922
28 922
Free-cash
51 388
46 174
54 775
55 308

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71008
₽73196
₽75791
₽71494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
social contributions
-
-
-
20 562
health
-
-
-
10 401
total
-
-
-
53 313
Employee
31 814
-
149 000
-
social contributions
4 391
-
20 562
-
income
5 306
-
24 945
-
health
2 220
-
10 401
-
total
11 917
-
55 908
-
Employer
31 814
-
149 000
-
total
-
-
-
-
Corporate
117 186
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%.

5 860
7 450
-
-
total
5 860
7 450
-
-
Dividends
111 326
141 550
-
-
social contributions
15 363
19 533
-
-
withholding
16 699
21 232
-
-
health
7 771
9 881
-
-
total
39 833
50 646
-
-
Income
149 000
149 000
149 000
149 000
Total tax
57 610
58 096
55 908
53 313
After tax
91 390
90 904
93 092
95 687
Living cost
19 896
19 896
19 896
19 896
Free-cash
71 494
71 008
73 196
75 791

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49533
₽6060
₽43366
₽48082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
37 371
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
597
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
72 572
Employee
46 892
37 393
116 748
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
29 478
-
health
1 814
1 448
4 241
-
total
13 829
9 530
49 330
-
Employer
46 892
37 393
116 748
-
chamber of commerce
187
150
467
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
3 502
-
other
2 228
1 775
5 484
-
total
13 680
10 948
32 251
-
Corporate
88 429
100 660
113 187
-
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.

22 108
25 165
28 297
-
total
22 108
25 165
28 297
-
Dividends
66 321
75 495
-
-
withholding
18 239
20 762
-
-
total
18 239
20 762
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 856
66 405
109 878
72 572
After tax
81 144
82 595
39 122
76 428
Living cost
33 062
33 062
33 062
33 062
Free-cash
48 082
49 533
6 060
43 366

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49153
₽19156
₽30385
₽35081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
communal

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

-
-
-
7 550
social contributions
-
-
-
23 157
national
-
-
-
53 696
total
-
-
-
84 403
Employee

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

67 117
-
115 407
-
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.

584
-
1 004
-
communal

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

3 501
-
6 020
-
pensions

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

5 034
-
8 656
-
national
20 635
-
40 936
-
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.

3 153
-
5 424
-
total
32 907
-
62 040
-
Employer

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

67 117
-
115 407
-
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.

4 127
-
7 098
-
pensions

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

5 947
-
10 224
-
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.

872
-
1 499
-
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.

979
-
1 684
-
surtax
7 610
-
13 087
-
total
19 535
-
33 592
-
Corporate
62 346
149 000
-
-
income
12 470
29 800
-
-
surtax
249
597
-
-
total
12 719
30 397
-
-
Dividends
49 627
118 603
-
-
withholding

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

14 546
35 238
-
-
total
14 546
35 238
-
-
Income
149 000
149 000
149 000
149 000
Total tax
79 707
65 635
95 632
84 403
After tax
69 293
83 365
53 368
64 597
Living cost
34 212
34 212
34 212
34 212
Free-cash
35 081
49 153
19 156
30 385

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65629
₽45978
₽49915
₽58907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 108
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 199
Employee
46 707
-
121 274
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
35 887
-
total
12 821
-
41 410
-
Employer
46 707
-
121 274
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
87 406
149 000
-
-
income

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

13 111
22 350
-
-
total
13 111
22 350
-
-
Dividends
74 295
126 650
-
-
withholding
15 388
27 135
-
-
total
15 388
27 135
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 207
49 485
69 136
65 199
After tax
92 793
99 515
79 864
83 801
Living cost
33 886
33 886
33 886
33 886
Free-cash
58 907
65 629
45 978
49 915

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
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.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37139
₽30438
₽24499
₽25929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
communal
-
-
-
9 418
accident
-
-
-
1 257
income
-
-
-
22 649
surtax
-
-
-
7 386
health
-
-
-
10 468
pensions
-
-
-
22 332
total
-
-
-
73 510
Employee
71 057
-
133 094
-
pensions
5 684
-
10 648
-
surtax
4 355
-
8 157
-
income
6 863
-
26 938
-
health
3 162
-
5 922
-
total
20 064
-
51 665
-
Employer
71 057
-
133 094
-
health
2 167
-
4 060
-
pensions
5 684
-
10 648
-
accident
639
-
1 198
-
total
8 490
-
15 906
-
Corporate
69 453
149 000
-
-
communal
4 688
10 057
-
-
income
10 418
22 350
-
-
surtax
730
1 565
-
-
total
15 836
33 972
-
-
Dividends
53 616
115 028
-
-
income
19 647
9 644
-
-
withholding
8 043
17 254
-
-
total
27 690
26 898
-
-
Income
149 000
149 000
149 000
149 000
Total tax
72 080
60 870
67 571
73 510
After tax
76 920
88 130
81 429
75 490
Living cost
50 991
50 991
50 991
50 991
Free-cash
25 929
37 139
30 438
24 499

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72646
₽44091
₽49634
₽69663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 506
other
-
-
-
-
surtax
-
-
-
5 634
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
78 291
Employee
31 599
-
123 089
-
other
-
-
-
-
unemployment
2 199
-
8 567
-
pensions
2 108
-
8 210
-
surtax
112
-
4 758
-
income
5 297
-
33 251
-
health
807
-
3 139
-
total
10 523
-
57 925
-
Employer
31 599
-
123 089
-
health
1 437
-
5 600
-
pensions
4 213
-
16 408
-
unemployment
1 002
-
3 901
-
other
-
-
-
-
total
6 652
-
25 909
-
Corporate
110 749
149 000
-
-
income
28 794
38 741
-
-
total
28 794
38 741
-
-
Dividends
81 955
110 259
-
-
withholding
12 293
16 538
-
-
total
12 293
16 538
-
-
Income
149 000
149 000
149 000
149 000
Total tax
58 262
55 279
83 834
78 291
After tax
90 738
93 721
65 166
70 709
Living cost
21 075
21 075
21 075
21 075
Free-cash
69 663
72 646
44 091
49 634

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53040
₽39686
₽46385
₽50959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
38 322
regional
-
-
-
2 246
municipal
-
-
-
885
national
-
-
-
35 886
total
-
-
-
77 339
Employee
52 049
-
149 000
-
municipal
276
-
791
-
national
8 246
-
31 000
-
regional
701
-
2 004
-
social contributions
17 551
-
50 243
-
total
26 774
-
84 038
-
Employer
52 049
-
149 000
-
total
-
-
-
-
Corporate
96 951
149 000
-
-
municipal
4 818
7 406
-
-
nationa
23 269
35 760
-
-
total
28 087
43 166
-
-
Dividends
68 864
105 834
-
-
withholding
17 904
27 518
-
-
total
17 904
27 518
-
-
Income
149 000
149 000
149 000
149 000
Total tax
72 765
70 684
84 038
77 339
After tax
76 235
78 316
64 962
71 661
Living cost
25 276
25 276
25 276
25 276
Free-cash
50 959
53 040
39 686
46 385

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74231
₽47258
₽53053
₽64115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 366
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
20 115
total
-
-
-
67 592
Employee
41 699
-
111 194
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 228
-
income
5 004
-
13 343
-
health
5 629
-
15 011
-
total
13 343
-
35 582
-
Employer
41 699
-
111 194
-
health
3 753
-
10 007
-
social contributions
10 425
-
27 798
-
total
14 178
-
37 805
-
Corporate
93 124
149 000
-
-
income
17 694
28 310
-
-
total
17 694
28 310
-
-
Dividends
75 430
120 690
-
-
withholding
11 315
18 104
-
-
total
11 315
18 104
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 530
46 414
73 387
67 592
After tax
92 470
102 586
75 613
81 408
Living cost
28 355
28 355
28 355
28 355
Free-cash
64 115
74 231
47 258
53 053

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52761
₽9242
₽46678
₽52298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
37 371
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
597
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
72 387
Employee
41 016
37 393
116 919
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
29 551
-
health
1 587
1 448
4 241
-
total
11 081
9 530
49 403
-
Employer
41 016
37 393
116 919
-
chamber of commerce
164
150
468
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
3 508
-
other
1 948
1 775
5 491
-
total
11 803
10 763
32 080
-
Corporate
96 180
100 845
113 358
-
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.

24 045
25 212
28 340
-
total
24 045
25 212
28 340
-
Dividends
72 135
75 634
-
-
withholding
19 838
20 799
-
-
total
19 838
20 799
-
-
Income
149 000
149 000
149 000
149 000
Total tax
66 767
66 304
109 823
72 387
After tax
82 233
82 696
39 177
76 613
Living cost
29 935
29 935
29 935
29 935
Free-cash
52 298
52 761
9 242
46 678

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129768
₽107418
₽135728
₽127558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
149 000
-
income
2 946
-
29 800
-
total
2 946
-
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%.

134 273
149 000
-
-
total
-
-
-
-
Dividends
134 273
149 000
-
-
withholding
6 714
7 450
-
-
total
6 714
7 450
-
-
Income
149 000
149 000
149 000
149 000
Total tax
9 660
7 450
29 800
1 490
After tax
139 340
141 550
119 200
147 510
Living cost
11 782
11 782
11 782
11 782
Free-cash
127 558
129 768
107 418
135 728

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77420
₽44485
₽48431
₽69570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
149 000
income
-
-
-
33 304
unemployment
-
-
-
224
health
-
-
-
14 663
pensions
-
-
-
27 211
total
-
-
-
75 402
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.

41 492
-
128 927
-
unemployment
59
-
180
-
pensions
6 432
-
19 984
-
income
7 155
-
30 783
-
health
2 680
-
8 328
-
total
16 326
-
59 275
-
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.

41 492
-
128 927
-
health
2 764
-
8 586
-
pensions
3 672
-
11 410
-
unemployment
25
-
77
-
total
6 461
-
20 073
-
Corporate
101 048
149 000
-
-
income
19 199
28 310
-
-
total
19 199
28 310
-
-
Dividends
81 849
120 690
-
-
withholding
12 277
18 103
-
-
total
12 277
18 103
-
-
Income
149 000
149 000
149 000
149 000
Total tax
54 263
46 413
79 348
75 402
After tax
94 737
102 587
69 652
73 598
Living cost
25 167
25 167
25 167
25 167
Free-cash
69 570
77 420
44 485
48 431

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
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.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50572
₽96700
₽62891
₽6389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
10 500
149 000
-
-
income
2 310
32 780
-
-
total
2 310
32 780
-
-
Dividends
8 190
116 220
-
-
income
1 802
25 568
-
-
total
1 802
25 568
-
-
Income
149 000
149 000
149 000
149 000
Total tax
102 531
58 348
12 220
46 029
After tax
46 469
90 652
136 780
102 971
Living cost
40 080
40 080
40 080
40 080
Free-cash
6 389
50 572
96 700
62 891

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
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.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55318
₽40112
₽50956
₽54374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 834
surtax
-
-
-
-
social contributions

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

-
-
-
51 778
total
-
-
-
68 612
Employee
43 155
-
120 403
-
surtax
-
-
-
-
social contributions
4 747
-
13 244
-
income
8 976
-
37 615
-
total
13 723
-
50 859
-
Employer
43 155
-
120 403
-
social contributions
10 249
-
28 597
-
total
10 249
-
28 597
-
Corporate
95 596
149 000
-
-
income
20 075
31 291
-
-
surtax
-
-
-
-
total
20 075
31 291
-
-
Dividends
75 521
117 709
-
-
withholding
21 147
32 959
-
-
total
21 147
32 959
-
-
Income
149 000
149 000
149 000
149 000
Total tax
65 194
64 250
79 456
68 612
After tax
83 806
84 750
69 544
80 388
Living cost
29 432
29 432
29 432
29 432
Free-cash
54 374
55 318
40 112
50 956

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29777
₽38378
₽38911
₽36227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 994
other
-
-
-
4 619
surtax
-
-
-
-
social contributions
-
-
-
4 245
health
-
-
-
5 792
pensions
-
-
-
28 120
total
-
-
-
64 770
Employee
58 768
-
116 365
-
pensions
6 647
-
7 655
-
surtax
-
-
-
-
social contributions
1 674
-
3 315
-
income
5 128
-
21 698
-
total
13 449
-
32 668
-
Employer
58 768
-
116 365
-
health
4 113
-
10 252
-
pensions
9 656
-
12 967
-
unemployment
2 381
-
4 713
-
social contributions
176
-
349
-
other
2 028
-
4 354
-
total
18 354
-
32 635
-
Corporate
71 878
149 000
-
-
income
20 126
41 720
-
-
surtax
-
-
-
-
total
20 126
41 720
-
-
Dividends
51 751
107 280
-
-
surtax
-
-
-
-
social contributions
8 901
18 452
-
-
withholding
6 624
13 732
-
-
total
15 525
32 184
-
-
Income
149 000
149 000
149 000
149 000
Total tax
67 454
73 904
65 303
64 770
After tax
81 546
75 096
83 697
84 230
Living cost
45 319
45 319
45 319
45 319
Free-cash
36 227
29 777
38 378
38 911

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105895
₽86052
₽82090
₽102744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 924
social contributions
-
-
-
32 781
total
-
-
-
38 705
Employee
30 166
-
129 004
-
income
-
-
6 364
-
social contributions
1 960
-
8 385
-
total
1 960
-
14 749
-
Employer
30 166
-
129 004
-
social contributions
4 676
-
19 994
-
total
4 676
-
19 994
-
Corporate
114 159
149 000
-
-
income
11 415
14 900
-
-
total
11 415
14 900
-
-
Dividends
102 743
134 100
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
18 051
14 900
34 743
38 705
After tax
130 949
134 100
114 257
110 295
Living cost
28 205
28 205
28 205
28 205
Free-cash
102 744
105 895
86 052
82 090

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55426
-₽55426
₽43631
-₽55426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
labour market
-
-
-
11 855
municipal
-
-
-
30 554
national
-
-
-
16 960
pensions
-
-
-
813
total
-
-
-
60 182
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 000
149 000
149 000
149 000
Total tax
159 239
159 239
159 239
60 182
After tax
-10 239
-10 239
-10 239
88 818
Living cost
45 187
45 187
45 187
45 187
Free-cash
-55 426
-55 426
-55 426
43 631

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8570
₽59638
₽81285
₽8903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 444
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 076
Employee
32 466
-
133 029
-
pensions
3 656
-
7 264
-
income
4 454
-
30 256
-
health
3 718
-
15 232
-
total
11 828
-
52 752
-
Employer
32 466
-
133 029
-
pensions
5 279
-
10 490
-
accident
542
-
2 222
-
unemployment
796
-
3 259
-
total
6 617
-
15 971
-
Corporate
109 917
149 000
-
-
income

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

98 925
134 100
-
-
total
98 925
134 100
-
-
Dividends
10 992
14 900
-
-
withholding
2 088
2 831
-
-
total
2 088
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
119 458
136 931
68 723
47 076
After tax
29 542
12 069
80 277
101 924
Living cost
20 639
20 639
20 639
20 639
Free-cash
8 903
-8 570
59 638
81 285

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58355
₽43175
₽62446
₽60320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
health
-
-
-
1 903
municipal
-
-
-
26 478
national
-
-
-
22 149
total
-
-
-
50 530
Employee
49 366
-
125 346
-
municipal
8 086
-
20 424
-
unemployment
741
-
1 880
-
pensions
3 332
-
8 461
-
national
816
-
13 844
-
health
369
-
1 538
-
total
13 344
-
46 147
-
Employer
49 366
-
125 346
-
health
379
-
965
-
pensions
8 565
-
21 748
-
accident
50
-
125
-
unemployment
321
-
816
-
total
9 315
-
23 654
-
Corporate
90 319
149 000
-
-
income
18 064
29 800
-
-
total
18 064
29 800
-
-
Dividends

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

54 191
89 400
-
-
municipal
9 754
16 091
-
-
national
2 179
8 730
-
-
total
11 933
24 821
-
-
Income
149 000
149 000
149 000
149 000
Total tax
52 656
54 621
69 801
50 530
After tax
96 344
94 379
79 199
98 470
Living cost
36 024
36 024
36 024
36 024
Free-cash
60 320
58 355
43 175
62 446

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87026
₽79576
₽80932
₽81920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 363
social contributions
-
-
-
15 181
health
-
-
-
3 800
total
-
-
-
46 344
Employee
72 151
72 151
138 363
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
26 633
-
health
559
1 227
2 352
-
total
11 143
13 894
37 062
-
Employer
72 151
72 151
138 363
-
health
607
1 335
2 561
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
10 638
-
Corporate
112 798
69 525
-
-
income
14 099
8 691
-
-
total
14 099
8 691
-
-
Dividends
98 699
60 834
-
-
withholding
16 779
10 342
-
-
total
16 779
10 342
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 356
40 250
47 700
46 344
After tax
103 644
108 750
101 300
102 656
Living cost
21 724
21 724
21 724
21 724
Free-cash
81 920
87 026
79 576
80 932

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108490
₽90866
₽109686
₽103717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 025
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
24 417
Employee

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

21 537
-
139 830
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
12 699
-
health
1 830
-
7 568
-
total
6 640
-
34 067
-
Employer

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

21 537
-
139 830
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
125 246
149 000
-
-
income
11 271
13 410
-
-
total
11 271
13 410
-
-
Dividends
113 975
135 590
-
-
withholding
10 258
12 203
-
-
total
10 258
12 203
-
-
Income
149 000
149 000
149 000
149 000
Total tax
30 386
25 613
43 237
24 417
After tax
118 614
123 387
105 763
124 583
Living cost
14 897
14 897
14 897
14 897
Free-cash
103 717
108 490
90 866
109 686

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73713
₽54062
₽57999
₽69543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 108
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 199
Employee
34 695
-
121 274
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
35 887
-
total
8 892
-
41 410
-
Employer
34 695
-
121 274
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
103 244
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.

15 486
22 350
-
-
total
15 486
22 350
-
-
Dividends
87 758
126 650
-
-
withholding
18 216
27 135
-
-
total
18 216
27 135
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 655
49 485
69 136
65 199
After tax
95 345
99 515
79 864
83 801
Living cost
25 802
25 802
25 802
25 802
Free-cash
69 543
73 713
54 062
57 999

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91076
₽93699
₽93834
₽90764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 875
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
53 266
Employee
2 894
-
147 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
50 802
-
health
145
-
347
-
total
994
-
51 842
-
Employer
2 894
-
147 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
145 454
149 000
-
-
income
32 000
32 780
-
-
total
32 000
32 780
-
-
Dividends
113 454
116 220
-
-
withholding
22 691
23 244
-
-
total
22 691
23 244
-
-
Income
149 000
149 000
149 000
149 000
Total tax
56 336
56 024
53 401
53 266
After tax
92 664
92 976
95 599
95 734
Living cost
1 900
1 900
1 900
1 900
Free-cash
90 764
91 076
93 699
93 834

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91456
₽73304
₽73304
₽86848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 338
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
59 500
Employee

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

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

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

24 423
-
136 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
33 338
-
health
1 258
-
3 564
-
total
8 227
-
47 111
-
Employer

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

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

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

24 423
-
136 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
120 205
149 000
-
-
income
18 031
22 350
-
-
total
18 031
22 350
-
-
Dividends
102 174
126 650
-
-
withholding
15 326
18 998
-
-
total
15 326
18 998
-
-
Income
149 000
149 000
149 000
149 000
Total tax
45 956
41 348
59 500
59 500
After tax
103 044
107 652
89 500
89 500
Living cost
16 196
16 196
16 196
16 196
Free-cash
86 848
91 456
73 304
73 304

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59454
₽44248
₽55092
₽59118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 834
surtax
-
-
-
-
social contributions

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

-
-
-
51 778
total
-
-
-
68 612
Employee
36 418
-
120 403
-
surtax
-
-
-
-
social contributions
4 006
-
13 244
-
income
7 116
-
37 615
-
total
11 122
-
50 859
-
Employer
36 418
-
120 403
-
social contributions
8 648
-
28 597
-
total
8 648
-
28 597
-
Corporate
103 934
149 000
-
-
income
21 827
31 291
-
-
surtax
-
-
-
-
total
21 827
31 291
-
-
Dividends
82 107
117 709
-
-
withholding
22 989
32 959
-
-
total
22 989
32 959
-
-
Income
149 000
149 000
149 000
149 000
Total tax
64 586
64 250
79 456
68 612
After tax
84 414
84 750
69 544
80 388
Living cost
25 296
25 296
25 296
25 296
Free-cash
59 118
59 454
44 248
55 092

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66539
₽46888
₽50825
₽60134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 108
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 199
Employee
45 316
-
121 274
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
35 887
-
total
12 342
-
41 410
-
Employer
45 316
-
121 274
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
89 236
149 000
-
-
income

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

13 385
22 350
-
-
total
13 385
22 350
-
-
Dividends
75 851
126 650
-
-
withholding
15 716
27 135
-
-
total
15 716
27 135
-
-
Income
149 000
149 000
149 000
149 000
Total tax
55 890
49 485
69 136
65 199
After tax
93 110
99 515
79 864
83 801
Living cost
32 976
32 976
32 976
32 976
Free-cash
60 134
66 539
46 888
50 825

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111258
₽107433
₽101764
₽105540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
income
-
-
-
22 350
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
31 099
Employee
21 368
-
142 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
14 257
-
health
983
-
1 507
-
total
5 231
-
19 001
-
Employer
21 368
-
142 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
123 440
149 000
-
-
income
12 344
14 900
-
-
total
12 344
14 900
-
-
Dividends
111 095
134 100
-
-
withholding
5 555
6 705
-
-
total
5 555
6 705
-
-
Income
149 000
149 000
149 000
149 000
Total tax
27 323
21 605
25 430
31 099
After tax
121 677
127 395
123 570
117 901
Living cost
16 137
16 137
16 137
16 137
Free-cash
105 540
111 258
107 433
101 764

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽40484
₽59679
₽44558
₽52762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income

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

-
-
-
44 252
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.

-
-
-
2 434
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.

-
-
-
6 410
trade
-
-
-
15 121
total
-
-
-
68 217
Employee

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

46 686
-
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.

212
-
2 434
-
income

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

3 839
-
44 252
-
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.

6 410
-
6 410
-
total
10 461
-
53 096
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 314
149 000
-
-
income
15 347
22 350
-
-
surtax

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

844
1 229
-
-
chamber of commerce
292
361
-
-
trade
14 681
21 382
-
-
total
31 164
45 322
-
-
Dividends
71 149
103 678
-
-
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.

958
1 407
-
-
withholding
17 430
25 562
-
-
total
18 388
26 969
-
-
Income
149 000
149 000
149 000
149 000
Total tax
60 013
72 291
53 096
68 217
After tax
88 987
76 709
95 904
80 783
Living cost
36 225
36 225
36 225
36 225
Free-cash
52 762
40 484
59 679
44 558

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50850
₽26978
₽26978
₽52922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 091
social contributions
-
-
-
24 481
total
-
-
-
68 572
Employee
73 396
-
149 000
-
income
13 850
-
44 091
-
social contributions
6 098
-
24 481
-
total
19 948
-
68 572
-
Employer
73 396
-
149 000
-
total
-
-
-
-
Corporate
75 604
149 000
-
-
income
9 450
18 625
-
-
total
9 450
18 625
-
-
Dividends
66 154
130 375
-
-
withholding
13 230
26 075
-
-
total
13 230
26 075
-
-
Income
149 000
149 000
149 000
149 000
Total tax
42 628
44 700
68 572
68 572
After tax
106 372
104 300
80 428
80 428
Living cost
53 450
53 450
53 450
53 450
Free-cash
52 922
50 850
26 978
26 978

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57832
₽72874
₽82543
₽61110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
144 684
-
income
4 671
-
33 433
-
social contributions
4 313
-
4 316
-
total
8 984
-
37 749
-
Employer
43 044
-
144 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
101 643
149 000
-
-
income
35 575
52 150
-
-
total
35 575
52 150
-
-
Dividends
66 069
96 850
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
149 000
149 000
149 000
149 000
Total tax
53 829
57 107
42 065
32 396
After tax
95 171
91 893
106 935
116 604
Living cost
34 061
34 061
34 061
34 061
Free-cash
61 110
57 832
72 874
82 543

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
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.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64454
₽51625
₽65200
₽70006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 874
pensions
-
-
-
8 111
total
-
-
-
48 985
Employee
47 789
-
130 310
-
pensions
3 648
-
10 095
-
income
8 703
-
31 824
-
health
623
-
1 951
-
total
12 974
-
43 870
-
Employer
47 789
-
130 310
-
health
908
-
2 475
-
pensions
4 828
-
16 215
-
total
5 736
-
18 690
-
Corporate
95 474
149 000
-
-
income

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

18 140
28 311
-
-
total
18 140
28 311
-
-
Dividends
77 334
120 689
-
-
withholding
7 329
21 420
-
-
total
7 329
21 420
-
-
Income
149 000
149 000
149 000
149 000
Total tax
44 179
49 731
62 560
48 985
After tax
104 821
99 269
86 440
100 015
Living cost
34 815
34 815
34 815
34 815
Free-cash
70 006
64 454
51 625
65 200

Estimated living cost  is ₽34815 per week

₽23883
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.
₽436
Clothing and shoes. We estimate one pair of shoes and 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

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
-₽10613
₽57595
₽79242
₽8590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 444
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 076
Employee
35 680
-
133 029
-
pensions
4 018
-
7 264
-
income
4 895
-
30 256
-
health
4 085
-
15 232
-
total
12 998
-
52 752
-
Employer
35 680
-
133 029
-
pensions
5 801
-
10 490
-
accident
596
-
2 222
-
unemployment
874
-
3 259
-
total
7 271
-
15 971
-
Corporate
106 049
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.

95 444
134 100
-
-
total
95 444
134 100
-
-
Dividends
10 605
14 900
-
-
withholding
2 015
2 831
-
-
total
2 015
2 831
-
-
Income
149 000
149 000
149 000
149 000
Total tax
117 728
136 931
68 723
47 076
After tax
31 272
12 069
80 277
101 924
Living cost
22 682
22 682
22 682
22 682
Free-cash
8 590
-10 613
57 595
79 242

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽112706
₽91366
₽71028
₽108317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 000
income
-
-
-
24 320
unemployment
-
-
-
1 788
work injury
-
-
-
745
health insurance
-
-
-
11 026
pensions
-
-
-
27 416
total
-
-
-
65 295
Employee

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

20 283
-
149 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
24 320
-
total
7 605
-
44 957
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 717
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%.

1 287
1 490
-
-
total
1 287
1 490
-
-
Dividends
127 430
147 510
-
-
withholding
19 114
22 127
-
-
total
19 114
22 127
-
-
Income
149 000
149 000
149 000
149 000
Total tax
28 006
23 617
44 957
65 295
After tax
120 994
125 383
104 043
83 705
Living cost
12 677
12 677
12 677
12 677
Free-cash
108 317
112 706
91 366
71 028

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽41104
₽26478
₽33022
₽36835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 000
social contributions
-
-
-
38 322
regional
-
-
-
3 395
municipal
-
-
-
995
national
-
-
-
35 886
total
-
-
-
78 598
Employee
79 067
-
149 000
-
municipal
472
-
889
-
national
13 362
-
31 000
-
regional
1 194
-
3 010
-
social contributions
26 661
-
50 243
-
total
41 689
-
85 142
-
Employer
79 067
-
149 000
-
total
-
-
-
-
Corporate
69 933
149 000
-
-
municipal
3 371
7 181
-
-
nationa
16 784
35 760
-
-
total
20 155
42 941
-
-
Dividends
49 778
106 059
-
-
withholding
12 941
27 575
-
-
total
12 941
27 575
-
-
Income
149 000
149 000
149 000
149 000
Total tax
74 785
70 516
85 142
78 598
After tax
74 215
78 484
63 858
70 402
Living cost
37 380
37 380
37 380
37 380
Free-cash
36 835
41 104
26 478
33 022

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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