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
₽ 149500
per

Your estimated
City
free-cash

Dresden , Germany
₽45276
₽66807
₽50554
₽56291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income

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

-
-
-
43 336
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.

-
-
-
2 383
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.

-
-
-
6 805
trade
-
-
-
16 253
total
-
-
-
68 777
Employee

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

38 096
-
149 500
-
surtax

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

59
-
2 383
-
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.

1 064
-
43 336
-
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.

6 805
-
6 805
-
total
7 928
-
52 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 404
149 500
-
-
income
16 711
22 425
-
-
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.

919
1 234
-
-
chamber of commerce
312
367
-
-
trade
17 546
23 546
-
-
total
35 488
47 572
-
-
Dividends
75 916
101 929
-
-
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.

1 023
1 380
-
-
withholding
18 601
25 103
-
-
total
19 624
26 483
-
-
Income
149 500
149 500
149 500
149 500
Total tax
63 040
74 055
52 524
68 777
After tax
86 460
75 445
96 976
80 723
Living cost
30 169
30 169
30 169
30 169
Free-cash
56 291
45 276
66 807
50 554

Estimated living cost  is ₽30169 per week

₽18977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40550
₽37242
₽36068
₽39673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
social contributions
-
-
-
1 607
municipal
-
-
-
16 139
national
-
-
-
25 008
pensions
-
-
-
17 940
total
-
-
-
60 694
Employee
81 754
-
129 241
-
municipal
10 098
-
16 717
-
pensions
3 270
-
5 170
-
national
15 648
-
25 905
-
total
29 016
-
47 792
-
Employer
81 754
-
129 241
-
pensions
6 540
-
10 339
-
social contributions
879
-
1 389
-
total
7 419
-
11 728
-
Corporate
54 931
149 500
-
-
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%.

10 986
29 900
-
-
total
10 986
29 900
-
-
Dividends
43 945
119 600
-
-
withholding
9 668
26 312
-
-
total
9 668
26 312
-
-
Income
149 500
149 500
149 500
149 500
Total tax
57 089
56 212
59 520
60 694
After tax
92 411
93 288
89 980
88 806
Living cost
52 738
52 738
52 738
52 738
Free-cash
39 673
40 550
37 242
36 068

Estimated living cost  is ₽52738 per week

₽35846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98878
₽70293
₽28020
₽90708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income
-
-
-
24 473
surtax
-
-
-
38 123
social contributions

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

-
-
-
38 162
microenterprise
-
-
-
-
total
-
-
-
100 758
Employee
29 104
-
107 302
-
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.

3 202
-
11 804
-
income
5 181
-
20 831
-
total
8 383
-
32 635
-
Employer
29 104
-
107 302
-
social contributions

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

7 011
-
25 850
-
surtax
-
-
-
-
total
7 011
-
25 850
-
Corporate
113 385
149 500
-
-
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%.

22 676
29 900
-
-
total
22 676
29 900
-
-
Dividends

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

90 709
119 600
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
38 070
29 900
58 485
100 758
After tax
111 430
119 600
91 015
48 742
Living cost
20 722
20 722
20 722
20 722
Free-cash
90 708
98 878
70 293
28 020

Estimated living cost  is ₽20722 per week

₽13220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31905
₽48863
₽42616
₽25805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
41 207
health
-
-
-
12 282
pensions
-
-
-
11 670
total
-
-
-
65 159
Employee
85 057
85 057
130 990
-
pensions
15 310
11 670
11 670
-
income

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

13 922
13 922
16 450
-
health
13 055
11 105
12 282
-
total
42 287
36 697
40 402
-
Employer
85 057
85 057
130 990
-
health
5 912
5 912
7 347
-
pensions
5 920
5 920
7 358
-
unemployment
3 062
3 062
3 805
-
total
14 894
14 894
18 510
-
Corporate
50 592
49 549
-
-
income
10 118
9 910
-
-
total
10 118
9 910
-
-
Dividends
40 474
39 639
-
-
income
8 600
8 423
-
-
withholding
6 071
5 946
-
-
total
14 671
14 369
-
-
Income
149 500
149 500
149 500
149 500
Total tax
81 970
75 870
58 912
65 159
After tax
67 530
73 630
90 588
84 341
Living cost
41 725
41 725
41 725
41 725
Free-cash
25 805
31 905
48 863
42 616

Estimated living cost  is ₽41725 per week

₽29570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40634
₽36721
₽37714
₽39715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
accident
-
-
-
180
other
-
-
-
10 440
unemployment
-
-
-
90
health
-
-
-
5 606
municipal
-
-
-
36 820
national
-
-
-
7 945
pensions
-
-
-
9 712
total
-
-
-
70 793
Employee
58 411
-
121 272
-
municipal
17 418
-
36 163
-
national
-
-
7 394
-
total
17 418
-
43 557
-
Employer
58 411
-
121 272
-
health
3 592
-
5 525
-
pensions
6 314
-
9 712
-
accident
117
-
180
-
unemployment
1 542
-
2 372
-
other
6 787
-
10 440
-
total
18 352
-
28 229
-
Corporate
72 736
149 500
-
-
income
16 002
32 890
-
-
total
16 002
32 890
-
-
Dividends
56 734
116 610
-
-
withholding
17 020
34 983
-
-
total
17 020
34 983
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 792
67 873
71 786
70 793
After tax
80 708
81 627
77 714
78 707
Living cost
40 993
40 993
40 993
40 993
Free-cash
39 715
40 634
36 721
37 714

Estimated living cost  is ₽40993 per week

₽27168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35548
₽57848
₽40873
₽49542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income

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

-
-
-
43 336
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.

-
-
-
2 383
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.

-
-
-
6 805
trade
-
-
-
16 975
total
-
-
-
69 499
Employee

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

50 511
-
149 500
-
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.

238
-
2 383
-
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.

4 340
-
43 336
-
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.

6 805
-
6 805
-
total
11 383
-
52 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 989
149 500
-
-
income
14 849
22 425
-
-
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.

817
1 234
-
-
chamber of commerce
291
363
-
-
trade
16 284
24 593
-
-
total
32 241
48 615
-
-
Dividends
66 749
100 885
-
-
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.

898
1 367
-
-
withholding
16 308
24 842
-
-
total
17 206
26 209
-
-
Income
149 500
149 500
149 500
149 500
Total tax
60 830
74 824
52 524
69 499
After tax
88 670
74 676
96 976
80 001
Living cost
39 128
39 128
39 128
39 128
Free-cash
49 542
35 548
57 848
40 873

Estimated living cost  is ₽39128 per week

₽26169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76838
₽69793
₽71177
₽72707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
26 090
social contributions
-
-
-
16 115
health
-
-
-
3 812
total
-
-
-
46 017
Employee
76 590
76 590
138 367
-
social contributions
3 722
6 357
8 574
-
income
8 043
7 090
25 343
-
health
762
1 302
2 351
-
total
12 527
14 749
36 268
-
Employer
76 590
76 590
138 367
-
health
830
1 418
2 559
-
social contributions
3 722
6 357
8 574
-
total
4 552
7 775
11 133
-
Corporate
100 116
65 136
-
-
income
12 515
8 143
-
-
total
12 515
8 143
-
-
Dividends
87 602
56 993
-
-
withholding
14 893
9 689
-
-
total
14 893
9 689
-
-
Income
149 500
149 500
149 500
149 500
Total tax
44 487
40 356
47 401
46 017
After tax
105 013
109 144
102 099
103 483
Living cost
32 306
32 306
32 306
32 306
Free-cash
72 707
76 838
69 793
71 177

Estimated living cost  is ₽32306 per week

₽22085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65808
₽68436
₽85336
₽66186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
18 276
unemployment
-
-
-
2 242
health
-
-
-
10 465
pensions
-
-
-
14 950
total
-
-
-
45 933
Employee

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

The minimum wage is 138,000 HUF per month.

26 317
10 474
125 105
-
unemployment
395
157
1 877
-
pensions
2 632
1 047
12 510
-
income
3 217
1 280
15 294
-
health
1 842
733
8 757
-
total
8 086
3 217
38 438
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 317
10 474
125 105
-
pensions
5 132
2 042
24 395
-
total
5 132
2 042
24 395
-
Corporate
118 051
136 984
-
-
income
10 625
12 329
-
-
total
10 625
12 329
-
-
Dividends
107 427
124 655
-
-
social contributions
20 829
24 188
-
-
withholding
20 411
23 685
-
-
total
41 240
47 873
-
-
Income
149 500
149 500
149 500
149 500
Total tax
65 083
65 461
62 833
45 933
After tax
84 417
84 039
86 667
103 567
Living cost
18 231
18 231
18 231
18 231
Free-cash
66 186
65 808
68 436
85 336

Estimated living cost  is ₽18231 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽95542
₽62111
₽56073
₽89354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
20 034
health
-
-
-
19 435
pensions
-
-
-
29 900
total
-
-
-
69 369
Employee
28 256
-
111 733
-
unemployment
452
-
1 788
-
pensions
565
-
2 234
-
income
3 181
-
21 542
-
total
4 198
-
25 564
-
Employer
28 256
-
111 733
-
health
3 673
-
14 526
-
pensions
5 652
-
22 347
-
unemployment
227
-
894
-
total
9 552
-
37 767
-
Corporate
111 693
149 500
-
-
income
22 338
29 900
-
-
total
22 338
29 900
-
-
Dividends
89 355
119 600
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
36 088
29 900
63 331
69 369
After tax
113 412
119 600
86 169
80 131
Living cost
24 058
24 058
24 058
24 058
Free-cash
89 354
95 542
62 111
56 073

Estimated living cost  is ₽24058 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10060
₽58052
₽80131
₽8709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
accident
-
-
-
254
income
-
-
-
40 182
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
47 200
Employee
34 873
-
132 922
-
pensions
3 927
-
7 688
-
income
4 784
-
29 793
-
health
3 993
-
15 219
-
total
12 704
-
52 700
-
Employer
34 873
-
132 922
-
pensions
5 671
-
11 102
-
accident
582
-
2 220
-
unemployment
854
-
3 257
-
total
7 107
-
16 579
-
Corporate
107 520
149 500
-
-
income

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

96 768
134 550
-
-
total
96 768
134 550
-
-
Dividends
10 752
14 950
-
-
withholding
2 043
2 841
-
-
total
2 043
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
118 622
137 391
69 279
47 200
After tax
30 878
12 109
80 221
102 300
Living cost
22 169
22 169
22 169
22 169
Free-cash
8 709
-10 060
58 052
80 131

Estimated living cost  is ₽22169 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133880
₽111455
₽139860
₽132353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
149 500
microenterprise

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

-
-
-
1 495
total
-
-
-
1 495
Employee
10 181
-
149 500
-
income
2 036
-
29 900
-
total
2 036
-
29 900
-
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%.

139 319
149 500
-
-
total
-
-
-
-
Dividends
139 319
149 500
-
-
withholding
6 966
7 475
-
-
total
6 966
7 475
-
-
Income
149 500
149 500
149 500
149 500
Total tax
9 002
7 475
29 900
1 495
After tax
140 498
142 025
119 600
148 005
Living cost
8 145
8 145
8 145
8 145
Free-cash
132 353
133 880
111 455
139 860

Estimated living cost  is ₽8145 per week

₽5048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83297
₽58815
₽52629
₽76571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
20 771
other
-
-
-
7 101
health
-
-
-
6 578
pensions

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

-
-
-
35 881
total
-
-
-
70 331
Employee
36 165
-
119 409
-
unemployment
361
-
1 195
-
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.

2 531
-
8 358
-
income
6 226
-
22 831
-
health
507
-
1 671
-
total
9 625
-
34 055
-
Employer
36 165
-
119 409
-
health
507
-
1 671
-
pensions

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

6 149
-
20 298
-
accident
289
-
955
-
unemployment
361
-
1 195
-
other
1 809
-
5 971
-
total
9 115
-
30 090
-
Corporate
104 221
149 500
-
-
income
21 886
31 395
-
-
total
21 886
31 395
-
-
Dividends
82 335
118 105
-
-
withholding
5 763
8 268
-
-
total
5 763
8 268
-
-
Income
149 500
149 500
149 500
149 500
Total tax
46 389
39 663
64 145
70 331
After tax
103 111
109 837
85 355
79 169
Living cost
26 540
26 540
26 540
26 540
Free-cash
76 571
83 297
58 815
52 629

Estimated living cost  is ₽26540 per week

₽18752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34262
₽21045
₽34714
₽32082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
40 055
pensions
-
-
-
8 419
total
-
-
-
48 474
Employee
93 822
-
130 830
-
pensions
9 051
-
10 539
-
income
16 912
-
30 940
-
health
1 546
-
1 994
-
total
27 509
-
43 473
-
Employer
93 822
-
130 830
-
health
1 782
-
2 485
-
pensions
11 078
-
16 185
-
total
12 860
-
18 670
-
Corporate
42 818
149 500
-
-
income

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

8 136
28 405
-
-
total
8 136
28 405
-
-
Dividends
34 682
121 095
-
-
withholding
2 601
20 521
-
-
total
2 601
20 521
-
-
Income
149 500
149 500
149 500
149 500
Total tax
51 106
48 926
62 143
48 474
After tax
98 394
100 574
87 357
101 026
Living cost
66 312
66 312
66 312
66 312
Free-cash
32 082
34 262
21 045
34 714

Estimated living cost  is ₽66312 per week

₽49689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114765
₽110311
₽104728
₽110139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
22 425
unemployment
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
31 714
Employee
17 290
-
142 675
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
pensions

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

1 518
-
3 055
-
income
1 729
-
14 268
-
health
795
-
1 600
-
total
4 232
-
19 306
-
Employer
17 290
-
142 675
-
health
1 193
-
2 400
-
pensions

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

1 906
-
3 833
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
unemployment
103
-
209
-
total
3 392
-
6 825
-
Corporate
128 817
149 500
-
-
income
12 882
14 950
-
-
total
12 882
14 950
-
-
Dividends
115 935
134 550
-
-
withholding
5 797
6 727
-
-
total
5 797
6 727
-
-
Income
149 500
149 500
149 500
149 500
Total tax
26 303
21 677
26 131
31 714
After tax
123 197
127 823
123 369
117 786
Living cost
13 058
13 058
13 058
13 058
Free-cash
110 139
114 765
110 311
104 728

Estimated living cost  is ₽13058 per week

₽7623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and 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 Varna model

Close
Amsterdam , Netherlands
₽18399
₽35357
₽29110
₽20905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
41 207
health
-
-
-
12 282
pensions
-
-
-
11 670
total
-
-
-
65 159
Employee
92 345
85 057
130 990
-
pensions
11 670
11 670
11 670
-
income

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

13 922
13 922
16 450
-
health
11 520
11 105
12 282
-
total
37 112
36 697
40 402
-
Employer
92 345
85 057
130 990
-
health
6 417
5 912
7 347
-
pensions
6 427
5 920
7 358
-
unemployment
3 325
3 062
3 805
-
total
16 169
14 894
18 510
-
Corporate
40 987
49 549
-
-
income
8 198
9 910
-
-
total
8 198
9 910
-
-
Dividends
32 789
39 639
-
-
income
6 967
8 423
-
-
withholding
4 918
5 946
-
-
total
11 885
14 369
-
-
Income
149 500
149 500
149 500
149 500
Total tax
73 364
75 870
58 912
65 159
After tax
76 136
73 630
90 588
84 341
Living cost
55 231
55 231
55 231
55 231
Free-cash
20 905
18 399
35 357
29 110

Estimated living cost  is ₽55231 per week

₽40742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78181
₽51115
₽54898
₽69350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
14 056
social contributions
-
-
-
35 614
solidarity contribution
-
-
-
-
health
-
-
-
20 182
total
-
-
-
69 852
Employee
36 396
-
111 567
-
solidarity contribution
-
-
-
-
social contributions
2 366
-
7 252
-
income
4 368
-
13 388
-
health
4 914
-
15 062
-
total
11 648
-
35 702
-
Employer
36 396
-
111 567
-
health
3 276
-
10 041
-
social contributions
9 099
-
27 892
-
total
12 375
-
37 933
-
Corporate
100 729
149 500
-
-
income
19 138
28 405
-
-
total
19 138
28 405
-
-
Dividends
81 590
121 095
-
-
withholding
12 239
18 164
-
-
total
12 239
18 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
55 400
46 569
73 635
69 852
After tax
94 100
102 931
75 865
79 648
Living cost
24 750
24 750
24 750
24 750
Free-cash
69 350
78 181
51 115
54 898

Estimated living cost  is ₽24750 per week

₽17191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37734
₽24038
₽30938
₽32534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
social contributions
-
-
-
38 451
regional
-
-
-
1 738
municipal
-
-
-
888
national
-
-
-
35 456
total
-
-
-
76 533
Employee
88 521
-
149 500
-
municipal
469
-
792
-
national
15 339
-
30 698
-
regional
835
-
1 531
-
social contributions
29 849
-
50 412
-
total
46 492
-
83 433
-
Employer
88 521
-
149 500
-
total
-
-
-
-
Corporate
60 979
149 500
-
-
municipal
2 378
5 831
-
-
nationa
14 635
35 881
-
-
total
17 013
41 712
-
-
Dividends
43 966
107 788
-
-
withholding
11 432
28 025
-
-
total
11 432
28 025
-
-
Income
149 500
149 500
149 500
149 500
Total tax
74 937
69 737
83 433
76 533
After tax
74 563
79 763
66 067
72 967
Living cost
42 029
42 029
42 029
42 029
Free-cash
32 534
37 734
24 038
30 938

Estimated living cost  is ₽42029 per week

₽29297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72056
₽44343
₽48964
₽68956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
36 975
other
-
-
-
-
surtax
-
-
-
5 330
unemployment
-
-
-
227
health
-
-
-
9 438
pensions
-
-
-
26 587
total
-
-
-
78 557
Employee
32 938
-
123 503
-
other
-
-
-
-
unemployment
2 293
-
8 596
-
pensions
2 196
-
8 237
-
surtax
108
-
4 601
-
income
5 521
-
32 598
-
health
841
-
3 149
-
total
10 959
-
57 181
-
Employer
32 938
-
123 503
-
health
1 499
-
5 619
-
pensions
4 391
-
16 463
-
unemployment
1 043
-
3 915
-
other
-
-
-
-
total
6 933
-
25 997
-
Corporate
109 629
149 500
-
-
income
28 504
38 869
-
-
total
28 504
38 869
-
-
Dividends
81 125
110 631
-
-
withholding
12 169
16 596
-
-
total
12 169
16 596
-
-
Income
149 500
149 500
149 500
149 500
Total tax
58 565
55 465
83 178
78 557
After tax
90 935
94 035
66 322
70 943
Living cost
21 979
21 979
21 979
21 979
Free-cash
68 956
72 056
44 343
48 964

Estimated living cost  is ₽21979 per week

₽13439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55271
₽42054
₽55723
₽58909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
40 055
pensions
-
-
-
8 419
total
-
-
-
48 474
Employee
62 877
-
130 830
-
pensions
5 337
-
10 539
-
income
11 324
-
30 940
-
health
913
-
1 994
-
total
17 574
-
43 473
-
Employer
62 877
-
130 830
-
health
1 194
-
2 485
-
pensions
6 806
-
16 185
-
total
8 000
-
18 670
-
Corporate
78 622
149 500
-
-
income

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

14 938
28 405
-
-
total
14 938
28 405
-
-
Dividends
63 683
121 095
-
-
withholding
4 776
20 521
-
-
total
4 776
20 521
-
-
Income
149 500
149 500
149 500
149 500
Total tax
45 288
48 926
62 143
48 474
After tax
104 212
100 574
87 357
101 026
Living cost
45 303
45 303
45 303
45 303
Free-cash
58 909
55 271
42 054
55 723

Estimated living cost  is ₽45303 per week

₽33941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10350
₽36470
₽43736
₽23329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
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.

-
-
-
2 990
regional
-
-
-
6 603
health
-
-
-
336
city
-
-
-
1 575
national
-
-
-
1 796
pensions
-
-
-
13 753
total
-
-
-
27 053
Employee
92 112
-
133 810
-
unemployment
-
-
-
-
pensions
7 739
-
11 240
-
national
436
-
1 450
-
regional
3 016
-
5 673
-
city
989
-
1 437
-
health
208
-
301
-
total
12 388
-
20 101
-
Employer
92 112
-
133 810
-
health
208
-
301
-
pensions
7 739
-
11 240
-
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.

1 842
-
2 677
-
total
9 789
-
14 218
-
Corporate
46 587
149 500
-
-
regional
9 853
31 620
-
-
national
3 960
12 708
-
-
total
13 813
44 328
-
-
Dividends
32 773
105 173
-
-
withholding
11 470
36 811
-
-
total
11 470
36 811
-
-
Income
149 500
149 500
149 500
149 500
Total tax
47 460
81 139
34 319
27 053
After tax
102 040
68 361
115 181
122 447
Living cost
78 711
78 711
78 711
78 711
Free-cash
23 329
-10 350
36 470
43 736

Estimated living cost  is ₽78711 per week

₽51185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28279
₽51347
₽33649
₽44429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income

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

-
-
-
43 336
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.

-
-
-
2 383
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.

-
-
-
6 805
trade
-
-
-
17 698
total
-
-
-
70 222
Employee

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

59 860
-
149 500
-
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.

387
-
2 383
-
income

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

7 039
-
43 336
-
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.

6 805
-
6 805
-
total
14 231
-
52 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 640
149 500
-
-
income
13 447
22 425
-
-
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.

739
1 234
-
-
chamber of commerce
278
361
-
-
trade
15 373
25 640
-
-
total
29 837
49 660
-
-
Dividends
59 804
99 840
-
-
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.

801
1 351
-
-
withholding
14 573
24 581
-
-
total
15 374
25 932
-
-
Income
149 500
149 500
149 500
149 500
Total tax
59 442
75 592
52 524
70 222
After tax
90 058
73 908
96 976
79 278
Living cost
45 629
45 629
45 629
45 629
Free-cash
44 429
28 279
51 347
33 649

Estimated living cost  is ₽45629 per week

₽33325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽41272
₽50981
₽50589
₽47151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
21 296
other
-
-
-
4 635
surtax
-
-
-
-
social contributions
-
-
-
4 260
health
-
-
-
5 512
pensions
-
-
-
29 130
total
-
-
-
64 833
Employee
42 629
-
117 294
-
pensions
4 820
-
7 496
-
surtax
-
-
-
-
social contributions
1 215
-
3 342
-
income
2 516
-
21 396
-
total
8 551
-
32 234
-
Employer
42 629
-
117 294
-
health
2 985
-
10 072
-
pensions
7 003
-
12 738
-
unemployment
1 726
-
4 750
-
social contributions
129
-
352
-
other
1 471
-
4 295
-
total
13 314
-
32 207
-
Corporate
93 559
149 500
-
-
income
26 196
41 859
-
-
surtax
-
-
-
-
total
26 196
41 859
-
-
Dividends
67 363
107 641
-
-
surtax
-
-
-
-
social contributions
11 587
18 514
-
-
withholding
8 623
13 777
-
-
total
20 210
32 291
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 271
74 150
64 441
64 833
After tax
81 229
75 350
85 059
84 667
Living cost
34 078
34 078
34 078
34 078
Free-cash
47 151
41 272
50 981
50 589

Estimated living cost  is ₽34078 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44649
₽54358
₽53966
₽50181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
21 296
other
-
-
-
4 635
surtax
-
-
-
-
social contributions
-
-
-
4 260
health
-
-
-
5 512
pensions
-
-
-
29 130
total
-
-
-
64 833
Employee
38 052
-
117 294
-
pensions
4 304
-
7 496
-
surtax
-
-
-
-
social contributions
1 085
-
3 342
-
income
1 962
-
21 396
-
total
7 351
-
32 234
-
Employer
38 052
-
117 294
-
health
2 663
-
10 072
-
pensions
6 253
-
12 738
-
unemployment
1 540
-
4 750
-
social contributions
113
-
352
-
other
1 314
-
4 295
-
total
11 883
-
32 207
-
Corporate
99 565
149 500
-
-
income
27 878
41 859
-
-
surtax
-
-
-
-
total
27 878
41 859
-
-
Dividends
71 687
107 641
-
-
surtax
-
-
-
-
social contributions
12 329
18 514
-
-
withholding
9 177
13 777
-
-
total
21 506
32 291
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 618
74 150
64 441
64 833
After tax
80 882
75 350
85 059
84 667
Living cost
30 701
30 701
30 701
30 701
Free-cash
50 181
44 649
54 358
53 966

Estimated living cost  is ₽30701 per week

₽17805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70086
₽72566
₽74887
₽70604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
22 425
social contributions
-
-
-
20 631
health
-
-
-
10 436
total
-
-
-
53 492
Employee
33 771
-
149 500
-
social contributions
4 661
-
20 631
-
income
5 633
-
24 746
-
health
2 357
-
10 436
-
total
12 651
-
55 813
-
Employer
33 771
-
149 500
-
total
-
-
-
-
Corporate
115 729
149 500
-
-
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%.

5 786
7 476
-
-
total
5 786
7 476
-
-
Dividends
109 943
142 024
-
-
social contributions
15 172
19 599
-
-
withholding
16 492
21 304
-
-
health
7 674
9 914
-
-
total
39 338
50 817
-
-
Income
149 500
149 500
149 500
149 500
Total tax
57 775
58 293
55 813
53 492
After tax
91 725
91 207
93 687
96 008
Living cost
21 120
21 120
21 120
21 120
Free-cash
70 604
70 086
72 566
74 887

Estimated living cost  is ₽21120 per week

₽14135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47868
₽3838
₽41536
₽46330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
35 537
surtax
-
-
-
197
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
597
health
-
-
-
8 901
pensions
-
-
-
21 527
total
-
-
-
72 868
Employee
49 777
39 693
115 938
-
other
497
397
1 159
-
unemployment
1 493
1 191
3 478
-
pensions
5 098
4 064
11 872
-
income
5 667
2 928
27 969
-
health
1 926
1 537
4 487
-
total
14 681
10 117
48 965
-
Employer
49 777
39 693
115 938
-
chamber of commerce
198
159
463
-
health
1 881
1 501
4 383
-
pensions
6 247
4 982
14 550
-
accident
646
516
1 506
-
unemployment
1 493
1 191
3 478
-
surtax
197
197
197
-
payroll
1 493
1 191
3 478
-
other
2 365
1 884
5 506
-
total
14 520
11 621
33 561
-
Corporate
85 203
98 186
112 158
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

21 300
24 547
28 040
-
total
21 300
24 547
28 040
-
Dividends
63 903
73 639
-
-
withholding
17 573
20 251
-
-
total
17 573
20 251
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 074
66 536
110 566
72 868
After tax
81 426
82 964
38 934
76 632
Living cost
35 096
35 096
35 096
35 096
Free-cash
46 330
47 868
3 838
41 536

Estimated living cost  is ₽35096 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47348
₽17769
₽28980
₽32409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
communal

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

-
-
-
7 568
social contributions
-
-
-
23 355
national
-
-
-
53 280
total
-
-
-
84 203
Employee

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

71 247
-
115 789
-
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.

620
-
1 007
-
communal

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

3 716
-
6 039
-
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.

5 343
-
8 683
-
national
21 904
-
40 536
-
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.

3 347
-
5 442
-
total
34 930
-
61 707
-
Employer

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

71 247
-
115 789
-
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.

4 381
-
7 122
-
pensions

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

6 313
-
10 260
-
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.

926
-
1 506
-
unemployment

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

1 040
-
1 690
-
surtax
8 079
-
13 129
-
total
20 739
-
33 707
-
Corporate
57 515
149 500
-
-
income
11 503
29 900
-
-
surtax
231
597
-
-
total
11 734
30 497
-
-
Dividends
45 781
119 002
-
-
withholding

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

13 371
35 338
-
-
total
13 371
35 338
-
-
Income
149 500
149 500
149 500
149 500
Total tax
80 774
65 835
95 414
84 203
After tax
68 726
83 665
54 086
65 297
Living cost
36 317
36 317
36 317
36 317
Free-cash
32 409
47 348
17 769
28 980

Estimated living cost  is ₽36317 per week

₽23393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
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.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽63994
₽44039
₽48219
₽56710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
accident
-
-
-
832
income
-
-
-
37 613
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
65 310
Employee
49 580
-
120 068
-
other
49
-
93
-
unemployment
769
-
1 431
-
pensions
2 331
-
4 340
-
income
10 461
-
34 194
-
total
13 610
-
40 058
-
Employer
49 580
-
120 068
-
pensions
11 700
-
21 788
-
accident
981
-
1 828
-
unemployment
2 727
-
5 077
-
other
395
-
739
-
total
15 803
-
29 432
-
Corporate
84 117
149 500
-
-
income

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

12 617
22 425
-
-
total
12 617
22 425
-
-
Dividends
71 500
127 075
-
-
withholding
14 789
27 110
-
-
total
14 789
27 110
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 819
49 535
69 490
65 310
After tax
92 681
99 965
80 010
84 190
Living cost
35 971
35 971
35 971
35 971
Free-cash
56 710
63 994
44 039
48 219

Estimated living cost  is ₽35971 per week

₽26489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34774
₽28651
₽22692
₽23377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
communal
-
-
-
9 449
accident
-
-
-
1 261
income
-
-
-
21 649
surtax
-
-
-
7 411
health
-
-
-
10 502
pensions
-
-
-
22 408
total
-
-
-
72 680
Employee
75 429
-
133 541
-
pensions
6 033
-
10 683
-
surtax
4 623
-
8 184
-
income
7 286
-
25 953
-
health
3 357
-
5 943
-
total
21 299
-
50 763
-
Employer
75 429
-
133 541
-
health
2 300
-
4 073
-
pensions
6 033
-
10 683
-
accident
679
-
1 202
-
total
9 012
-
15 958
-
Corporate
65 059
149 500
-
-
communal
4 391
10 092
-
-
income
9 759
22 425
-
-
surtax
682
1 569
-
-
total
14 832
34 086
-
-
Dividends
50 227
115 415
-
-
income
19 318
9 200
-
-
withholding
7 534
17 312
-
-
total
26 852
26 512
-
-
Income
149 500
149 500
149 500
149 500
Total tax
71 995
60 598
66 721
72 680
After tax
77 505
88 902
82 779
76 820
Living cost
54 128
54 128
54 128
54 128
Free-cash
23 377
34 774
28 651
22 692

Estimated living cost  is ₽54128 per week

₽40604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
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.
₽9670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71663
₽43950
₽48571
₽68496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
36 975
other
-
-
-
-
surtax
-
-
-
5 330
unemployment
-
-
-
227
health
-
-
-
9 438
pensions
-
-
-
26 587
total
-
-
-
78 557
Employee
33 543
-
123 503
-
other
-
-
-
-
unemployment
2 334
-
8 596
-
pensions
2 238
-
8 237
-
surtax
119
-
4 601
-
income
5 623
-
32 598
-
health
856
-
3 149
-
total
11 170
-
57 181
-
Employer
33 543
-
123 503
-
health
1 525
-
5 619
-
pensions
4 472
-
16 463
-
unemployment
1 064
-
3 915
-
other
-
-
-
-
total
7 061
-
25 997
-
Corporate
108 896
149 500
-
-
income
28 313
38 869
-
-
total
28 313
38 869
-
-
Dividends
80 583
110 631
-
-
withholding
12 088
16 596
-
-
total
12 088
16 596
-
-
Income
149 500
149 500
149 500
149 500
Total tax
58 632
55 465
83 178
78 557
After tax
90 868
94 035
66 322
70 943
Living cost
22 372
22 372
22 372
22 372
Free-cash
68 496
71 663
43 950
48 571

Estimated living cost  is ₽22372 per week

₽13507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51749
₽38755
₽45620
₽49539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
social contributions
-
-
-
38 451
regional
-
-
-
2 254
municipal
-
-
-
888
national
-
-
-
35 456
total
-
-
-
77 049
Employee
55 251
-
149 500
-
municipal
293
-
792
-
national
8 753
-
30 698
-
regional
744
-
2 012
-
social contributions
18 631
-
50 412
-
total
28 421
-
83 914
-
Employer
55 251
-
149 500
-
total
-
-
-
-
Corporate
94 249
149 500
-
-
municipal
4 684
7 430
-
-
nationa
22 619
35 881
-
-
total
27 303
43 311
-
-
Dividends
66 945
106 189
-
-
withholding
17 406
27 609
-
-
total
17 406
27 609
-
-
Income
149 500
149 500
149 500
149 500
Total tax
73 130
70 920
83 914
77 049
After tax
76 370
78 580
65 586
72 451
Living cost
26 831
26 831
26 831
26 831
Free-cash
49 539
51 749
38 755
45 620

Estimated living cost  is ₽26831 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72433
₽45367
₽49150
₽61553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
14 056
social contributions
-
-
-
35 614
solidarity contribution
-
-
-
-
health
-
-
-
20 182
total
-
-
-
69 852
Employee
44 850
-
111 567
-
solidarity contribution
-
-
-
-
social contributions
2 915
-
7 252
-
income
5 382
-
13 388
-
health
6 055
-
15 062
-
total
14 352
-
35 702
-
Employer
44 850
-
111 567
-
health
4 036
-
10 041
-
social contributions
11 213
-
27 892
-
total
15 249
-
37 933
-
Corporate
89 401
149 500
-
-
income
16 986
28 405
-
-
total
16 986
28 405
-
-
Dividends
72 415
121 095
-
-
withholding
10 862
18 164
-
-
total
10 862
18 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
57 449
46 569
73 635
69 852
After tax
92 051
102 931
75 865
79 648
Living cost
30 498
30 498
30 498
30 498
Free-cash
61 553
72 433
45 367
49 150

Estimated living cost  is ₽30498 per week

₽22680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51294
₽7189
₽45052
₽50802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
35 537
surtax
-
-
-
-
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
597
health
-
-
-
8 901
pensions
-
-
-
21 527
total
-
-
-
72 671
Employee
43 539
39 693
116 088
-
other
435
397
1 161
-
unemployment
1 306
1 191
3 484
-
pensions
4 459
4 064
11 887
-
income
3 879
2 928
28 020
-
health
1 684
1 537
4 493
-
total
11 763
10 117
49 045
-
Employer
43 539
39 693
116 088
-
chamber of commerce
174
159
465
-
health
1 646
1 501
4 389
-
pensions
5 464
4 982
14 569
-
accident
565
516
1 508
-
unemployment
1 306
1 191
3 484
-
surtax
-
-
-
-
payroll
1 306
1 191
3 484
-
other
2 068
1 884
5 514
-
total
12 529
11 424
33 413
-
Corporate
93 431
98 383
112 307
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

23 359
24 597
28 076
-
total
23 359
24 597
28 076
-
Dividends
70 072
73 786
-
-
withholding
19 270
20 291
-
-
total
19 270
20 291
-
-
Income
149 500
149 500
149 500
149 500
Total tax
66 921
66 429
110 534
72 671
After tax
82 579
83 071
38 966
76 829
Living cost
31 777
31 777
31 777
31 777
Free-cash
50 802
51 294
7 189
45 052

Estimated living cost  is ₽31777 per week

₽19062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129332
₽106907
₽135312
₽126952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
149 500
microenterprise

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

-
-
-
1 495
total
-
-
-
1 495
Employee
15 866
-
149 500
-
income
3 173
-
29 900
-
total
3 173
-
29 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

133 634
149 500
-
-
total
-
-
-
-
Dividends
133 634
149 500
-
-
withholding
6 682
7 475
-
-
total
6 682
7 475
-
-
Income
149 500
149 500
149 500
149 500
Total tax
9 855
7 475
29 900
1 495
After tax
139 645
142 025
119 600
148 005
Living cost
12 693
12 693
12 693
12 693
Free-cash
126 952
129 332
106 907
135 312

Estimated living cost  is ₽12693 per week

₽8589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76215
₽43658
₽47617
₽67885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income
-
-
-
32 928
unemployment
-
-
-
225
health
-
-
-
14 711
pensions
-
-
-
27 303
total
-
-
-
75 167
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 045
-
129 359
-
unemployment
62
-
181
-
pensions
6 827
-
20 051
-
income
7 595
-
30 397
-
health
2 845
-
8 356
-
total
17 329
-
58 985
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 045
-
129 359
-
health
2 934
-
8 615
-
pensions
3 897
-
11 449
-
unemployment
26
-
77
-
total
6 857
-
20 141
-
Corporate
98 598
149 500
-
-
income
18 733
28 405
-
-
total
18 733
28 405
-
-
Dividends
79 864
121 095
-
-
withholding
11 980
18 164
-
-
total
11 980
18 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
54 899
46 569
79 126
75 167
After tax
94 601
102 931
70 374
74 333
Living cost
26 716
26 716
26 716
26 716
Free-cash
67 885
76 215
43 658
47 617

Estimated living cost  is ₽26716 per week

₽18334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47272
₽92497
₽59632
-₽1454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
29 141
social contributions
-
-
-
17 043
total
-
-
-
46 184
Employee
62 637
-
-
-
social contributions
5 136
-
732
-
income
13 816
-
-
-
total
18 952
-
732
-
Employer
62 637
-
-
-
social contributions
88 318
-
12 587
-
total
88 318
-
12 587
-
Corporate
-
149 500
-
-
income
-
32 890
-
-
total
-
32 890
-
-
Dividends
-
116 610
-
-
income
-
25 654
-
-
total
-
25 654
-
-
Income
149 500
149 500
149 500
149 500
Total tax
107 270
58 544
13 319
46 184
After tax
42 230
90 956
136 181
103 316
Living cost
43 684
43 684
43 684
43 684
Free-cash
-1 454
47 272
92 497
59 632

Estimated living cost  is ₽43684 per week

₽28344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53793
₽39151
₽49729
₽52790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income
-
-
-
16 578
surtax
-
-
-
-
social contributions

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

-
-
-
51 951
total
-
-
-
68 529
Employee
45 810
-
120 807
-
surtax
-
-
-
-
social contributions
5 039
-
13 290
-
income
9 529
-
37 124
-
total
14 568
-
50 414
-
Employer
45 810
-
120 807
-
social contributions
10 880
-
28 693
-
total
10 880
-
28 693
-
Corporate
92 811
149 500
-
-
income
19 489
31 395
-
-
surtax
-
-
-
-
total
19 489
31 395
-
-
Dividends
73 321
118 105
-
-
withholding
20 531
33 070
-
-
total
20 531
33 070
-
-
Income
149 500
149 500
149 500
149 500
Total tax
65 468
64 465
79 107
68 529
After tax
84 032
85 035
70 393
80 971
Living cost
31 242
31 242
31 242
31 242
Free-cash
52 790
53 793
39 151
49 729

Estimated living cost  is ₽31242 per week

₽23376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
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.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27243
₽36952
₽36560
₽34088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
21 296
other
-
-
-
4 635
surtax
-
-
-
-
social contributions
-
-
-
4 260
health
-
-
-
5 512
pensions
-
-
-
29 130
total
-
-
-
64 833
Employee
62 383
-
117 294
-
pensions
7 056
-
7 496
-
surtax
-
-
-
-
social contributions
1 777
-
3 342
-
income
5 443
-
21 396
-
total
14 276
-
32 234
-
Employer
62 383
-
117 294
-
health
4 366
-
10 072
-
pensions
10 250
-
12 738
-
unemployment
2 527
-
4 750
-
social contributions
187
-
352
-
other
2 153
-
4 295
-
total
19 483
-
32 207
-
Corporate
67 633
149 500
-
-
income
18 937
41 859
-
-
surtax
-
-
-
-
total
18 937
41 859
-
-
Dividends
48 696
107 641
-
-
surtax
-
-
-
-
social contributions
8 375
18 514
-
-
withholding
6 234
13 777
-
-
total
14 609
32 291
-
-
Income
149 500
149 500
149 500
149 500
Total tax
67 305
74 150
64 441
64 833
After tax
82 195
75 350
85 059
84 667
Living cost
48 107
48 107
48 107
48 107
Free-cash
34 088
27 243
36 952
36 560

Estimated living cost  is ₽48107 per week

₽32558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104611
₽85029
₽81059
₽101263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
5 612
social contributions
-
-
-
32 889
total
-
-
-
38 501
Employee
32 021
-
129 436
-
income
-
-
6 054
-
social contributions
2 081
-
8 413
-
total
2 081
-
14 467
-
Employer
32 021
-
129 436
-
social contributions
4 964
-
20 064
-
total
4 964
-
20 064
-
Corporate
112 515
149 500
-
-
income
11 252
14 949
-
-
total
11 252
14 949
-
-
Dividends
101 263
134 551
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
18 297
14 949
34 531
38 501
After tax
131 203
134 551
114 969
110 999
Living cost
29 940
29 940
29 940
29 940
Free-cash
101 263
104 611
85 029
81 059

Estimated living cost  is ₽29940 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67409
-₽67409
₽41720
-₽67409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
labour market
-
-
-
11 891
municipal
-
-
-
30 374
national
-
-
-
16 706
pensions
-
-
-
863
total
-
-
-
59 834
Employee
202 369
202 369
202 369
-
municipal
43 093
43 093
43 093
-
labour market
16 166
16 166
16 166
-
pensions
288
288
288
-
national
24 723
24 723
24 723
-
total
84 270
84 270
84 270
-
Employer
202 369
202 369
202 369
-
national
24 766
24 766
24 766
-
labour market
16 190
16 190
16 190
-
pensions
575
575
575
-
municipal
43 162
43 162
43 162
-
total
84 693
84 693
84 693
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
168 963
168 963
168 963
59 834
After tax
-19 463
-19 463
-19 463
89 666
Living cost
47 946
47 946
47 946
47 946
Free-cash
-67 409
-67 409
-67 409
41 720

Estimated living cost  is ₽47946 per week

₽32815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9733
₽58379
₽80458
₽8758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
accident
-
-
-
254
income
-
-
-
40 182
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
47 200
Employee
34 359
-
132 922
-
pensions
3 869
-
7 688
-
income
4 714
-
29 793
-
health
3 934
-
15 219
-
total
12 517
-
52 700
-
Employer
34 359
-
132 922
-
pensions
5 587
-
11 102
-
accident
574
-
2 220
-
unemployment
842
-
3 257
-
total
7 003
-
16 579
-
Corporate
108 139
149 500
-
-
income

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

97 325
134 550
-
-
total
97 325
134 550
-
-
Dividends
10 814
14 950
-
-
withholding
2 055
2 841
-
-
total
2 055
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
118 900
137 391
69 279
47 200
After tax
30 600
12 109
80 221
102 300
Living cost
21 842
21 842
21 842
21 842
Free-cash
8 758
-9 733
58 379
80 458

Estimated living cost  is ₽21842 per week

₽15898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57051
₽41835
₽61957
₽58933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
149 500
health
-
-
-
1 886
municipal
-
-
-
26 570
national
-
-
-
20 847
total
-
-
-
49 303
Employee
52 403
-
125 765
-
municipal
8 583
-
20 497
-
unemployment
786
-
1 886
-
pensions
3 536
-
8 489
-
national
866
-
13 299
-
health
391
-
1 522
-
total
14 162
-
45 693
-
Employer
52 403
-
125 765
-
health
403
-
968
-
pensions
9 092
-
21 820
-
accident
53
-
127
-
unemployment
340
-
817
-
total
9 888
-
23 732
-
Corporate
87 209
149 500
-
-
income
17 442
29 900
-
-
total
17 442
29 900
-
-
Dividends

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

52 325
89 700
-
-
municipal
9 419
16 146
-
-
national
1 416
8 163
-
-
total
10 835
24 309
-
-
Income
149 500
149 500
149 500
149 500
Total tax
52 327
54 209
69 425
49 303
After tax
97 173
95 291
80 075
100 197
Living cost
38 240
38 240
38 240
38 240
Free-cash
58 933
57 051
41 835
61 957

Estimated living cost  is ₽38240 per week

₽24978
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.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86083
₽79038
₽80422
₽80664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
26 090
social contributions
-
-
-
16 115
health
-
-
-
3 812
total
-
-
-
46 017
Employee
76 590
76 590
138 367
-
social contributions
2 896
6 357
8 574
-
income
8 339
7 090
25 343
-
health
594
1 302
2 351
-
total
11 829
14 749
36 268
-
Employer
76 590
76 590
138 367
-
health
645
1 418
2 559
-
social contributions
2 896
6 357
8 574
-
total
3 541
7 775
11 133
-
Corporate
111 070
65 136
-
-
income
13 883
8 143
-
-
total
13 883
8 143
-
-
Dividends
97 187
56 993
-
-
withholding
16 522
9 689
-
-
total
16 522
9 689
-
-
Income
149 500
149 500
149 500
149 500
Total tax
45 775
40 356
47 401
46 017
After tax
103 725
109 144
102 099
103 483
Living cost
23 061
23 061
23 061
23 061
Free-cash
80 664
86 083
79 038
80 422

Estimated living cost  is ₽23061 per week

₽13821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
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.
₽6468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107988
₽88741
₽108720
₽102921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
149 500
income
-
-
-
14 997
unemployment
-
-
-
28
health
-
-
-
3 605
pensions
-
-
-
6 336
total
-
-
-
24 966
Employee

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

22 862
-
139 766
-
unemployment
113
-
473
-
pensions
3 429
-
14 176
-
income
1 563
-
12 528
-
health
1 943
-
8 033
-
total
7 048
-
35 210
-
Employer

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

22 862
-
139 766
-
health
983
-
4 064
-
pensions
1 257
-
5 198
-
unemployment
113
-
473
-
total
2 353
-
9 735
-
Corporate
124 284
149 500
-
-
income
11 186
13 454
-
-
total
11 186
13 454
-
-
Dividends
113 099
136 046
-
-
withholding
10 178
12 244
-
-
total
10 178
12 244
-
-
Income
149 500
149 500
149 500
149 500
Total tax
30 765
25 698
44 945
24 966
After tax
118 735
123 802
104 555
124 534
Living cost
15 814
15 814
15 814
15 814
Free-cash
102 921
107 988
88 741
108 720

Estimated living cost  is ₽15814 per week

₽10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72575
₽52620
₽56800
₽68002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
accident
-
-
-
832
income
-
-
-
37 613
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
65 310
Employee
36 829
-
120 068
-
other
36
-
93
-
unemployment
571
-
1 431
-
pensions
1 731
-
4 340
-
income
7 100
-
34 194
-
total
9 438
-
40 058
-
Employer
36 829
-
120 068
-
pensions
8 691
-
21 788
-
accident
730
-
1 828
-
unemployment
2 026
-
5 077
-
other
295
-
739
-
total
11 742
-
29 432
-
Corporate
100 929
149 500
-
-
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.

15 140
22 425
-
-
total
15 140
22 425
-
-
Dividends
85 789
127 075
-
-
withholding
17 788
27 110
-
-
total
17 788
27 110
-
-
Income
149 500
149 500
149 500
149 500
Total tax
54 108
49 535
69 490
65 310
After tax
95 392
99 965
80 010
84 190
Living cost
27 390
27 390
27 390
27 390
Free-cash
68 002
72 575
52 620
56 800

Estimated living cost  is ₽27390 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91336
₽93938
₽94077
₽91015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
51 015
health
-
-
-
1 032
pensions
-
-
-
1 424
total
-
-
-
53 471
Employee
2 973
-
147 898
-
unemployment
30
-
71
-
pensions
268
-
641
-
income
575
-
50 941
-
health
149
-
356
-
total
1 022
-
52 009
-
Employer
2 973
-
147 898
-
health
282
-
676
-
pensions
327
-
783
-
unemployment
59
-
142
-
total
668
-
1 601
-
Corporate
145 858
149 500
-
-
income
32 089
32 890
-
-
total
32 089
32 890
-
-
Dividends
113 769
116 610
-
-
withholding
22 754
23 322
-
-
total
22 754
23 322
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 533
56 212
53 610
53 471
After tax
92 967
93 288
95 890
96 029
Living cost
1 952
1 952
1 952
1 952
Free-cash
91 015
91 336
93 938
94 077

Estimated living cost  is ₽1952 per week

₽1160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90792
₽71245
₽71244
₽85892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income
-
-
-
33 215
unemployment
-
-
-
1 104
health
-
-
-
7 580
pensions
-
-
-
19 135
total
-
-
-
61 034
Employee

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

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

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

25 969
-
136 327
-
unemployment
195
-
552
-
pensions
3 636
-
10 303
-
income
3 580
-
33 215
-
health
1 337
-
3 790
-
total
8 748
-
47 860
-
Employer

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

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

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

25 969
-
136 327
-
health
1 337
-
3 790
-
pensions
3 116
-
8 831
-
unemployment
195
-
552
-
total
4 648
-
13 173
-
Corporate
118 882
149 500
-
-
income
17 832
22 425
-
-
total
17 832
22 425
-
-
Dividends
101 050
127 075
-
-
withholding
15 158
19 061
-
-
total
15 158
19 061
-
-
Income
149 500
149 500
149 500
149 500
Total tax
46 386
41 486
61 033
61 034
After tax
103 114
108 014
88 467
88 466
Living cost
17 222
17 222
17 222
17 222
Free-cash
85 892
90 792
71 245
71 244

Estimated living cost  is ₽17222 per week

₽11595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58183
₽43541
₽54119
₽57825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income
-
-
-
16 578
surtax
-
-
-
-
social contributions

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

-
-
-
51 951
total
-
-
-
68 529
Employee
38 658
-
120 807
-
surtax
-
-
-
-
social contributions
4 253
-
13 290
-
income
7 554
-
37 124
-
total
11 807
-
50 414
-
Employer
38 658
-
120 807
-
social contributions
9 180
-
28 693
-
total
9 180
-
28 693
-
Corporate
101 661
149 500
-
-
income
21 349
31 395
-
-
surtax
-
-
-
-
total
21 349
31 395
-
-
Dividends
80 312
118 105
-
-
withholding
22 487
33 070
-
-
total
22 487
33 070
-
-
Income
149 500
149 500
149 500
149 500
Total tax
64 823
64 465
79 107
68 529
After tax
84 677
85 035
70 393
80 971
Living cost
26 852
26 852
26 852
26 852
Free-cash
57 825
58 183
43 541
54 119

Estimated living cost  is ₽26852 per week

₽19019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64960
₽45005
₽49185
₽58014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
accident
-
-
-
832
income
-
-
-
37 613
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
65 310
Employee
48 104
-
120 068
-
other
47
-
93
-
unemployment
745
-
1 431
-
pensions
2 261
-
4 340
-
income
10 047
-
34 194
-
total
13 100
-
40 058
-
Employer
48 104
-
120 068
-
pensions
11 352
-
21 788
-
accident
953
-
1 828
-
unemployment
2 646
-
5 077
-
other
386
-
739
-
total
15 337
-
29 432
-
Corporate
86 060
149 500
-
-
income

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

12 910
22 425
-
-
total
12 910
22 425
-
-
Dividends
73 150
127 075
-
-
withholding
15 134
27 110
-
-
total
15 134
27 110
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 481
49 535
69 490
65 310
After tax
93 019
99 965
80 010
84 190
Living cost
35 005
35 005
35 005
35 005
Free-cash
58 014
64 960
45 005
49 185

Estimated living cost  is ₽35005 per week

₽25139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110691
₽106237
₽100654
₽104622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
22 425
unemployment
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
31 714
Employee
22 685
-
142 675
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
pensions

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

1 992
-
3 055
-
income
2 269
-
14 268
-
health
1 044
-
1 600
-
total
5 554
-
19 306
-
Employer
22 685
-
142 675
-
health
1 565
-
2 400
-
pensions

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

2 500
-
3 833
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
unemployment
136
-
209
-
total
4 450
-
6 825
-
Corporate
122 364
149 500
-
-
income
12 236
14 950
-
-
total
12 236
14 950
-
-
Dividends
110 127
134 550
-
-
withholding
5 506
6 727
-
-
total
5 506
6 727
-
-
Income
149 500
149 500
149 500
149 500
Total tax
27 746
21 677
26 131
31 714
After tax
121 754
127 823
123 369
117 786
Living cost
17 132
17 132
17 132
17 132
Free-cash
104 622
110 691
106 237
100 654

Estimated living cost  is ₽17132 per week

₽11331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38527
₽58522
₽43715
₽51559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income

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

-
-
-
43 336
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.

-
-
-
2 383
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.

-
-
-
6 805
trade
-
-
-
14 807
total
-
-
-
67 331
Employee

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

49 559
-
149 500
-
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.

225
-
2 383
-
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.

4 075
-
43 336
-
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.

6 805
-
6 805
-
total
11 105
-
52 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 941
149 500
-
-
income
14 991
22 425
-
-
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.

824
1 234
-
-
chamber of commerce
299
370
-
-
trade
14 342
21 453
-
-
total
30 456
45 482
-
-
Dividends
69 485
104 017
-
-
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.

934
1 410
-
-
withholding
16 992
25 627
-
-
total
17 926
27 037
-
-
Income
149 500
149 500
149 500
149 500
Total tax
59 487
72 519
52 524
67 331
After tax
90 013
76 981
96 976
82 169
Living cost
38 454
38 454
38 454
38 454
Free-cash
51 559
38 527
58 522
43 715

Estimated living cost  is ₽38454 per week

₽26526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47912
₽25082
₽25082
₽50111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
43 337
social contributions
-
-
-
24 343
total
-
-
-
67 680
Employee
77 912
-
149 500
-
income
14 702
-
43 337
-
social contributions
6 473
-
24 343
-
total
21 175
-
67 680
-
Employer
77 912
-
149 500
-
total
-
-
-
-
Corporate
71 588
149 500
-
-
income
8 948
18 688
-
-
total
8 948
18 688
-
-
Dividends
62 640
130 812
-
-
withholding
12 528
26 162
-
-
total
12 528
26 162
-
-
Income
149 500
149 500
149 500
149 500
Total tax
42 651
44 850
67 680
67 680
After tax
106 849
104 650
81 820
81 820
Living cost
56 738
56 738
56 738
56 738
Free-cash
50 111
47 912
25 082
25 082

Estimated living cost  is ₽56738 per week

₽43165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55757
₽71724
₽78932
₽59238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income
-
-
-
28 352
health

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

-
-
-
6 060
total
-
-
-
34 412
Employee
45 692
-
144 918
-
income
4 958
-
32 456
-
social contributions
4 578
-
4 582
-
total
9 536
-
37 038
-
Employer
45 692
-
144 918
-
social contributions
4 578
-
4 582
-
total
4 578
-
4 582
-
Corporate
99 230
149 500
-
-
income
34 730
52 325
-
-
total
34 730
52 325
-
-
Dividends
64 500
97 175
-
-
social contributions
5 262
5 262
-
-
total
5 262
5 262
-
-
Income
149 500
149 500
149 500
149 500
Total tax
54 106
57 587
41 620
34 412
After tax
95 394
91 913
107 880
115 088
Living cost
36 156
36 156
36 156
36 156
Free-cash
59 238
55 757
71 724
78 932

Estimated living cost  is ₽36156 per week

₽23816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63744
₽50527
₽64196
₽69588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
40 055
pensions
-
-
-
8 419
total
-
-
-
48 474
Employee
50 554
-
130 830
-
pensions
3 859
-
10 539
-
income
9 206
-
30 940
-
health
659
-
1 994
-
total
13 724
-
43 473
-
Employer
50 554
-
130 830
-
health
961
-
2 485
-
pensions
5 108
-
16 185
-
total
6 069
-
18 670
-
Corporate
92 877
149 500
-
-
income

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

17 646
28 405
-
-
total
17 646
28 405
-
-
Dividends
75 231
121 095
-
-
withholding
5 643
20 521
-
-
total
5 643
20 521
-
-
Income
149 500
149 500
149 500
149 500
Total tax
43 082
48 926
62 143
48 474
After tax
106 418
100 574
87 357
101 026
Living cost
36 830
36 830
36 830
36 830
Free-cash
69 588
63 744
50 527
64 196

Estimated living cost  is ₽36830 per week

₽25265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11895
₽56217
₽78296
₽8428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
accident
-
-
-
254
income
-
-
-
40 182
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
47 200
Employee
37 760
-
132 922
-
pensions
4 252
-
7 688
-
income
5 180
-
29 793
-
health
4 323
-
15 219
-
total
13 755
-
52 700
-
Employer
37 760
-
132 922
-
pensions
6 139
-
11 102
-
accident
631
-
2 220
-
unemployment
925
-
3 257
-
total
7 695
-
16 579
-
Corporate
104 045
149 500
-
-
income

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

93 641
134 550
-
-
total
93 641
134 550
-
-
Dividends
10 405
14 950
-
-
withholding
1 977
2 841
-
-
total
1 977
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
117 068
137 391
69 279
47 200
After tax
32 432
12 109
80 221
102 300
Living cost
24 004
24 004
24 004
24 004
Free-cash
8 428
-11 895
56 217
78 296

Estimated living cost  is ₽24004 per week

₽17616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112355
₽89901
₽70682
₽107697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
149 500
income
-
-
-
24 257
unemployment
-
-
-
1 794
work injury
-
-
-
747
health insurance
-
-
-
11 063
pensions
-
-
-
27 508
total
-
-
-
65 369
Employee

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

21 518
-
149 500
-
health insurance
1 592
-
5 891
-
unemployment
258
-
955
-
work injury
108
-
398
-
pensions
3 959
-
14 649
-
income
2 152
-
24 257
-
total
8 069
-
46 150
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 982
149 500
-
-
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%.

1 280
1 495
-
-
total
1 280
1 495
-
-
Dividends
126 702
148 005
-
-
withholding
19 005
22 201
-
-
total
19 005
22 201
-
-
Income
149 500
149 500
149 500
149 500
Total tax
28 354
23 696
46 150
65 369
After tax
121 146
125 804
103 350
84 131
Living cost
13 449
13 449
13 449
13 449
Free-cash
107 697
112 355
89 901
70 682

Estimated living cost  is ₽13449 per week

₽8332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39067
₽24843
₽31518
₽34537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
social contributions
-
-
-
38 451
regional
-
-
-
3 396
municipal
-
-
-
1 000
national
-
-
-
35 456
total
-
-
-
78 303
Employee
83 932
-
149 500
-
municipal
501
-
892
-
national
14 184
-
30 698
-
regional
1 267
-
2 976
-
social contributions
28 301
-
50 412
-
total
44 253
-
84 978
-
Employer
83 932
-
149 500
-
total
-
-
-
-
Corporate
65 568
149 500
-
-
municipal
3 160
7 205
-
-
nationa
15 736
35 881
-
-
total
18 896
43 086
-
-
Dividends
46 672
106 414
-
-
withholding
12 135
27 668
-
-
total
12 135
27 668
-
-
Income
149 500
149 500
149 500
149 500
Total tax
75 284
70 754
84 978
78 303
After tax
74 216
78 746
64 522
71 197
Living cost
39 679
39 679
39 679
39 679
Free-cash
34 537
39 067
24 843
31 518

Estimated living cost  is ₽39679 per week

₽27872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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