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
₽44880
₽56045
₽50436
₽66592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 156
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.

-
-
-
43 078
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.

-
-
-
6 894
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.

-
-
-
2 369
total
-
-
-
68 497
Employee

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

38 599
-
149 500
-
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.

6 894
-
6 894
-
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
-
2 369
-
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.

1 078
-
43 078
-
total
8 031
-
52 341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 901
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.

915
1 233
-
-
income
16 634
22 426
-
-
trade
17 468
23 546
-
-
chamber of commerce
312
368
-
-
total
35 329
47 573
-
-
Dividends
75 572
101 927
-
-
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.

1 019
1 381
-
-
withholding
18 509
25 099
-
-
total
19 528
26 480
-
-
Income
149 500
149 500
149 500
149 500
Total tax
62 888
74 053
52 341
68 497
After tax
86 612
75 447
97 159
81 003
Living cost
30 567
30 567
30 567
30 567
Free-cash
56 045
44 880
66 592
50 436

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42294
₽41446
₽37702
₽38877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
municipal
-
-
-
16 182
pensions
-
-
-
17 940
national
-
-
-
25 075
social contributions
-
-
-
1 607
total
-
-
-
60 804
Employee
79 050
-
129 241
-
municipal
9 764
-
16 760
-
pensions
3 162
-
5 170
-
national
15 130
-
25 971
-
total
28 056
-
47 901
-
Employer
79 050
-
129 241
-
social contributions
850
-
1 389
-
pensions
6 324
-
10 339
-
total
7 174
-
11 728
-
Corporate
58 059
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%.

11 612
29 900
-
-
total
11 612
29 900
-
-
Dividends
46 447
119 600
-
-
withholding
10 218
26 312
-
-
total
10 218
26 312
-
-
Income
149 500
149 500
149 500
149 500
Total tax
57 060
56 212
59 629
60 804
After tax
92 440
93 288
89 871
88 696
Living cost
50 994
50 994
50 994
50 994
Free-cash
41 446
42 294
38 877
37 702

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98605
₽90328
₽27375
₽70252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
24 342
surtax
-
-
-
38 122
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.

-
-
-
38 666
total
-
-
-
101 130
Employee
29 488
-
106 914
-
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.

3 244
-
11 761
-
surtax
-
-
-
-
income
5 249
-
20 736
-
total
8 493
-
32 497
-
Employer
29 488
-
106 914
-
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.

7 103
-
25 756
-
surtax
-
-
-
-
total
7 103
-
25 756
-
Corporate
112 909
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%.

22 581
29 900
-
-
total
22 581
29 900
-
-
Dividends

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

90 328
119 600
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
38 177
29 900
58 253
101 130
After tax
111 323
119 600
91 247
48 370
Living cost
20 995
20 995
20 995
20 995
Free-cash
90 328
98 605
70 252
27 375

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31323
₽25139
₽42228
₽48061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 729
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
64 997
Employee
86 179
86 179
130 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
16 142
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
40 410
-
Employer
86 179
86 179
130 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
49 287
48 230
-
-
income
9 857
9 646
-
-
total
9 857
9 646
-
-
Dividends
39 430
38 584
-
-
income
8 379
8 198
-
-
withholding
5 914
5 787
-
-
total
14 293
13 985
-
-
Income
149 500
149 500
149 500
149 500
Total tax
82 086
75 902
59 164
64 997
After tax
67 414
73 598
90 336
84 503
Living cost
42 276
42 276
42 276
42 276
Free-cash
25 139
31 323
48 061
42 228

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42637
₽41761
₽39173
₽38228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
37 199
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
9 382
total
-
-
-
71 337
Employee
55 558
-
122 651
-
municipal
16 567
-
36 574
-
national
-
-
8 859
-
total
16 567
-
45 433
-
Employer
55 558
-
122 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
76 486
149 500
-
-
income
16 827
32 890
-
-
total
16 827
32 890
-
-
Dividends
59 659
116 610
-
-
withholding
17 898
34 983
-
-
total
17 898
34 983
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 749
67 873
72 282
71 337
After tax
80 751
81 627
77 218
78 163
Living cost
38 990
38 990
38 990
38 990
Free-cash
41 761
42 637
38 228
39 173

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35035
₽49215
₽40641
₽57515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 874
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.

-
-
-
43 078
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.

-
-
-
6 894
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.

-
-
-
2 369
total
-
-
-
69 215
Employee

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

51 177
-
149 500
-
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.

6 894
-
6 894
-
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.

241
-
2 369
-
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.

4 397
-
43 078
-
total
11 532
-
52 341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 323
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.

812
1 233
-
-
income
14 748
22 426
-
-
trade
16 175
24 594
-
-
chamber of commerce
293
366
-
-
total
32 028
48 619
-
-
Dividends
66 295
100 882
-
-
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.

891
1 365
-
-
withholding
16 190
24 837
-
-
total
17 081
26 202
-
-
Income
149 500
149 500
149 500
149 500
Total tax
60 641
74 821
52 341
69 215
After tax
88 859
74 679
97 159
80 285
Living cost
39 644
39 644
39 644
39 644
Free-cash
49 215
35 035
57 515
40 641

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76423
₽72235
₽70865
₽69474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 762
health
-
-
-
3 813
social contributions
-
-
-
16 328
total
-
-
-
45 903
Employee
77 600
77 600
138 255
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 350
-
income
8 149
7 183
25 011
-
total
12 692
14 942
36 048
-
Employer
77 600
77 600
138 255
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 559
-
total
4 612
7 876
11 246
-
Corporate
99 465
64 023
-
-
income
12 433
8 003
-
-
total
12 433
8 003
-
-
Dividends
87 032
56 020
-
-
withholding
14 796
9 524
-
-
total
14 796
9 524
-
-
Income
149 500
149 500
149 500
149 500
Total tax
44 533
40 345
47 294
45 903
After tax
104 967
109 155
102 206
103 597
Living cost
32 732
32 732
32 732
32 732
Free-cash
72 235
76 423
69 474
70 865

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65704
₽66085
₽85229
₽68330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
14 950
unemployment
-
-
-
2 243
health
-
-
-
10 465
total
-
-
-
45 934
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.

26 470
10 535
125 105
-
health
1 853
737
8 757
-
income
3 236
1 288
15 294
-
pensions
2 647
1 053
12 510
-
unemployment
397
158
1 877
-
total
8 133
3 236
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.

26 470
10 535
125 105
-
pensions
5 162
2 054
24 395
-
total
5 162
2 054
24 395
-
Corporate
117 869
136 911
-
-
income
10 608
12 322
-
-
total
10 608
12 322
-
-
Dividends
107 261
124 589
-
-
social contributions
20 795
24 175
-
-
withholding
20 380
23 672
-
-
total
41 175
47 847
-
-
Income
149 500
149 500
149 500
149 500
Total tax
65 078
65 459
62 833
45 934
After tax
84 422
84 041
86 667
103 566
Living cost
18 337
18 337
18 337
18 337
Free-cash
66 085
65 704
68 330
85 229

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95225
₽88956
₽55757
₽61793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
29 900
health
-
-
-
19 434
total
-
-
-
69 368
Employee
28 629
-
111 733
-
income
3 223
-
21 543
-
pensions
573
-
2 235
-
unemployment
458
-
1 787
-
total
4 254
-
25 565
-
Employer
28 629
-
111 733
-
unemployment
230
-
894
-
pensions
5 726
-
22 347
-
health
3 721
-
14 526
-
total
9 677
-
37 767
-
Corporate
111 195
149 500
-
-
income
22 238
29 900
-
-
total
22 238
29 900
-
-
Dividends
88 957
119 600
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
36 169
29 900
63 332
69 368
After tax
113 331
119 600
86 168
80 132
Living cost
24 375
24 375
24 375
24 375
Free-cash
88 956
95 225
61 793
55 757

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9960
₽8723
₽80227
₽58181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
40 217
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
47 204
Employee
34 715
-
132 970
-
health
3 975
-
15 225
-
income
4 763
-
29 842
-
pensions
3 909
-
7 653
-
total
12 647
-
52 720
-
Employer
34 715
-
132 970
-
accident
580
-
2 220
-
unemployment
850
-
3 258
-
pensions
5 645
-
11 052
-
total
7 075
-
16 530
-
Corporate
107 710
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.

96 939
134 550
-
-
total
96 939
134 550
-
-
Dividends
10 771
14 950
-
-
withholding
2 047
2 841
-
-
total
2 047
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
118 708
137 391
69 250
47 204
After tax
30 792
12 109
80 250
102 296
Living cost
22 069
22 069
22 069
22 069
Free-cash
8 723
-9 960
58 181
80 227

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132946
₽131245
₽138926
₽110521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
149 500
-
income
2 269
-
29 900
-
total
2 269
-
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%.

138 151
149 500
-
-
total
-
-
-
-
Dividends
138 151
149 500
-
-
withholding
6 907
7 475
-
-
total
6 907
7 475
-
-
Income
149 500
149 500
149 500
149 500
Total tax
9 176
7 475
29 900
1 495
After tax
140 324
142 025
119 600
148 005
Living cost
9 079
9 079
9 079
9 079
Free-cash
131 245
132 946
110 521
138 926

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82947
₽76133
₽52336
₽58516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 714
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
other
-
-
-
7 101
health
-
-
-
6 578
total
-
-
-
70 274
Employee
36 642
-
119 406
-
health
513
-
1 672
-
income
6 308
-
22 774
-
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.

2 564
-
8 359
-
unemployment
366
-
1 195
-
total
9 751
-
34 000
-
Employer
36 642
-
119 406
-
accident
293
-
956
-
other
1 833
-
5 971
-
unemployment
366
-
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.

6 230
-
20 300
-
health
513
-
1 672
-
total
9 235
-
30 094
-
Corporate
103 624
149 500
-
-
income
21 761
31 396
-
-
total
21 761
31 396
-
-
Dividends
81 862
118 104
-
-
withholding
5 730
8 267
-
-
total
5 730
8 267
-
-
Income
149 500
149 500
149 500
149 500
Total tax
46 477
39 663
64 094
70 274
After tax
103 023
109 837
85 406
79 226
Living cost
26 890
26 890
26 890
26 890
Free-cash
76 133
82 947
58 516
52 336

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33249
₽30378
₽33579
₽19887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 660
pensions
-
-
-
8 534
total
-
-
-
48 194
Employee
95 823
-
130 864
-
health
1 579
-
2 010
-
income
17 273
-
30 532
-
pensions
9 244
-
10 708
-
total
28 096
-
43 250
-
Employer
95 823
-
130 864
-
pensions
11 314
-
16 149
-
health
1 820
-
2 487
-
total
13 134
-
18 636
-
Corporate
40 543
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.

7 703
28 404
-
-
total
7 703
28 404
-
-
Dividends
32 840
121 096
-
-
withholding
2 462
20 120
-
-
total
2 462
20 120
-
-
Income
149 500
149 500
149 500
149 500
Total tax
51 395
48 524
61 886
48 194
After tax
98 105
100 976
87 614
101 306
Living cost
67 727
67 727
67 727
67 727
Free-cash
30 378
33 249
19 887
33 579

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114584
₽109893
₽104419
₽109975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
31 842
Employee
17 531
-
142 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
14 258
-
pensions

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

1 539
-
3 097
-
total
4 291
-
19 365
-
Employer
17 531
-
142 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
128 529
149 500
-
-
income
12 853
14 950
-
-
total
12 853
14 950
-
-
Dividends
115 677
134 550
-
-
withholding
5 784
6 727
-
-
total
5 784
6 727
-
-
Income
149 500
149 500
149 500
149 500
Total tax
26 368
21 677
26 286
31 842
After tax
123 132
127 823
123 214
117 658
Living cost
13 239
13 239
13 239
13 239
Free-cash
109 893
114 584
109 975
104 419

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17638
₽20173
₽28543
₽34376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 729
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
64 997
Employee
93 563
86 179
130 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
16 142
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
40 410
-
Employer
93 563
86 179
130 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
39 556
48 230
-
-
income
7 911
9 646
-
-
total
7 911
9 646
-
-
Dividends
31 644
38 584
-
-
income
6 724
8 198
-
-
withholding
4 748
5 787
-
-
total
11 472
13 985
-
-
Income
149 500
149 500
149 500
149 500
Total tax
73 367
75 902
59 164
64 997
After tax
76 133
73 598
90 336
84 503
Living cost
55 960
55 960
55 960
55 960
Free-cash
20 173
17 638
34 376
28 543

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78761
₽70139
₽56187
₽51695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 181
health
-
-
-
20 183
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
69 143
Employee
35 544
-
111 567
-
social contributions
2 310
-
7 252
-
health
4 798
-
15 062
-
solidarity contribution
-
-
-
-
income
4 265
-
13 388
-
total
11 373
-
35 702
-
Employer
35 544
-
111 567
-
social contributions
8 886
-
27 892
-
health
3 199
-
10 041
-
total
12 085
-
37 933
-
Corporate
101 871
149 500
-
-
income
19 356
28 405
-
-
total
19 356
28 405
-
-
Dividends
82 516
121 095
-
-
withholding
12 377
18 164
-
-
total
12 377
18 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
55 191
46 569
73 635
69 143
After tax
94 309
102 931
75 865
80 357
Living cost
24 170
24 170
24 170
24 170
Free-cash
70 139
78 761
51 695
56 187

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37182
₽31911
₽30519
₽23578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
889
regional
-
-
-
1 736
national
-
-
-
35 322
social contributions
-
-
-
38 451
total
-
-
-
76 398
Employee
89 689
-
149 500
-
social contributions
30 243
-
50 411
-
regional
846
-
1 528
-
municipal
475
-
793
-
national
15 541
-
30 607
-
total
47 105
-
83 339
-
Employer
89 689
-
149 500
-
total
-
-
-
-
Corporate
59 811
149 500
-
-
nationa
14 355
35 879
-
-
municipal
2 333
5 831
-
-
total
16 688
41 710
-
-
Dividends
43 123
107 789
-
-
withholding
11 213
28 025
-
-
total
11 213
28 025
-
-
Income
149 500
149 500
149 500
149 500
Total tax
75 006
69 735
83 339
76 398
After tax
74 494
79 765
66 161
73 102
Living cost
42 583
42 583
42 583
42 583
Free-cash
31 911
37 182
23 578
30 519

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71766
₽68626
₽48676
₽44283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 574
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 251
total
-
-
-
78 555
Employee
33 373
-
123 503
-
other
-
-
-
-
health
852
-
3 150
-
surtax
109
-
4 558
-
income
5 594
-
32 413
-
pensions
2 225
-
8 237
-
unemployment
2 323
-
8 595
-
total
11 103
-
56 953
-
Employer
33 373
-
123 503
-
other
-
-
-
-
unemployment
1 057
-
3 914
-
pensions
4 449
-
16 462
-
health
1 519
-
5 619
-
total
7 025
-
25 995
-
Corporate
109 103
149 500
-
-
income
28 366
38 871
-
-
total
28 366
38 871
-
-
Dividends
80 737
110 629
-
-
withholding
12 111
16 594
-
-
total
12 111
16 594
-
-
Income
149 500
149 500
149 500
149 500
Total tax
58 605
55 465
82 948
78 555
After tax
90 895
94 035
66 552
70 945
Living cost
22 269
22 269
22 269
22 269
Free-cash
68 626
71 766
44 283
48 676

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54707
₽57777
₽55037
₽41345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 660
pensions
-
-
-
8 534
total
-
-
-
48 194
Employee
64 218
-
130 864
-
health
932
-
2 010
-
income
11 566
-
30 532
-
pensions
5 451
-
10 708
-
total
17 949
-
43 250
-
Employer
64 218
-
130 864
-
pensions
6 952
-
16 149
-
health
1 220
-
2 487
-
total
8 172
-
18 636
-
Corporate
77 110
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.

14 650
28 404
-
-
total
14 650
28 404
-
-
Dividends
62 460
121 096
-
-
withholding
4 683
20 120
-
-
total
4 683
20 120
-
-
Income
149 500
149 500
149 500
149 500
Total tax
45 454
48 524
61 886
48 194
After tax
104 046
100 976
87 614
101 306
Living cost
46 269
46 269
46 269
46 269
Free-cash
57 777
54 707
41 345
55 037

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7912
₽24724
₽45984
₽38713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 575
pensions
-
-
-
13 754
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.

-
-
-
2 989
regional
-
-
-
6 727
health
-
-
-
337
national
-
-
-
1 861
total
-
-
-
27 243
Employee
89 259
-
133 811
-
city
958
-
1 438
-
regional
2 923
-
5 797
-
health
202
-
302
-
pensions
7 499
-
11 241
-
unemployment
-
-
-
-
national
422
-
1 517
-
total
12 004
-
20 295
-
Employer
89 259
-
133 811
-
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.

1 785
-
2 676
-
unemployment
-
-
-
-
pensions
7 499
-
11 241
-
health
202
-
302
-
total
9 486
-
14 219
-
Corporate
49 775
149 500
-
-
regional
10 527
31 620
-
-
national
4 231
12 708
-
-
total
14 758
44 328
-
-
Dividends
35 016
105 173
-
-
withholding
12 255
36 811
-
-
total
12 255
36 811
-
-
Income
149 500
149 500
149 500
149 500
Total tax
48 503
81 139
34 514
27 243
After tax
100 997
68 361
114 986
122 257
Living cost
76 273
76 273
76 273
76 273
Free-cash
24 724
-7 912
38 713
45 984

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27680
₽44044
₽33337
₽50929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 592
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.

-
-
-
43 078
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.

-
-
-
6 894
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.

-
-
-
2 369
total
-
-
-
69 933
Employee

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

60 649
-
149 500
-
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.

6 894
-
6 894
-
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.

393
-
2 369
-
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.

7 132
-
43 078
-
total
14 419
-
52 341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 851
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.

733
1 233
-
-
income
13 327
22 426
-
-
trade
15 238
25 639
-
-
chamber of commerce
278
364
-
-
total
29 576
49 662
-
-
Dividends
59 274
99 838
-
-
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.

795
1 352
-
-
withholding
14 436
24 576
-
-
total
15 231
25 928
-
-
Income
149 500
149 500
149 500
149 500
Total tax
59 226
75 590
52 341
69 933
After tax
90 274
73 910
97 159
79 567
Living cost
46 230
46 230
46 230
46 230
Free-cash
44 044
27 680
50 929
33 337

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40823
₽46784
₽50178
₽50792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 109
pensions
-
-
-
29 351
other
-
-
-
4 635
health
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
4 259
total
-
-
-
64 795
Employee
43 191
-
117 422
-
social contributions
1 231
-
3 346
-
surtax
-
-
-
-
income
2 549
-
21 305
-
pensions
4 883
-
7 452
-
total
8 663
-
32 103
-
Employer
43 191
-
117 422
-
other
1 490
-
4 277
-
social contributions
130
-
352
-
unemployment
1 748
-
4 755
-
pensions
7 095
-
12 673
-
health
3 024
-
10 021
-
total
13 487
-
32 078
-
Corporate
92 821
149 500
-
-
surtax
-
-
-
-
income
25 990
41 860
-
-
total
25 990
41 860
-
-
Dividends
66 832
107 640
-
-
surtax
-
-
-
-
social contributions
11 494
18 513
-
-
withholding
8 555
13 777
-
-
total
20 049
32 290
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 189
74 150
64 181
64 795
After tax
81 311
75 350
85 319
84 705
Living cost
34 527
34 527
34 527
34 527
Free-cash
46 784
40 823
50 792
50 178

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44244
₽49847
₽53599
₽54213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 109
pensions
-
-
-
29 351
other
-
-
-
4 635
health
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
4 259
total
-
-
-
64 795
Employee
38 554
-
117 422
-
social contributions
1 099
-
3 346
-
surtax
-
-
-
-
income
1 988
-
21 305
-
pensions
4 361
-
7 452
-
total
7 448
-
32 103
-
Employer
38 554
-
117 422
-
other
1 331
-
4 277
-
social contributions
115
-
352
-
unemployment
1 561
-
4 755
-
pensions
6 335
-
12 673
-
health
2 698
-
10 021
-
total
12 040
-
32 078
-
Corporate
98 906
149 500
-
-
surtax
-
-
-
-
income
27 694
41 860
-
-
total
27 694
41 860
-
-
Dividends
71 212
107 640
-
-
surtax
-
-
-
-
social contributions
12 249
18 513
-
-
withholding
9 116
13 777
-
-
total
21 365
32 290
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 547
74 150
64 181
64 795
After tax
80 953
75 350
85 319
84 705
Living cost
31 106
31 106
31 106
31 106
Free-cash
49 847
44 244
54 213
53 599

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69812
₽70332
₽74609
₽72357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 426
health
-
-
-
10 435
social contributions
-
-
-
20 631
total
-
-
-
53 492
Employee
34 217
-
149 500
-
social contributions
4 723
-
20 631
-
health
2 388
-
10 435
-
income
5 707
-
24 678
-
total
12 818
-
55 744
-
Employer
34 217
-
149 500
-
total
-
-
-
-
Corporate
115 283
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%.

5 764
7 475
-
-
total
5 764
7 475
-
-
Dividends
109 519
142 025
-
-
health
7 645
9 912
-
-
social contributions
15 114
19 599
-
-
withholding
16 428
21 303
-
-
total
39 187
50 814
-
-
Income
149 500
149 500
149 500
149 500
Total tax
57 769
58 289
55 744
53 492
After tax
91 731
91 211
93 756
96 008
Living cost
21 399
21 399
21 399
21 399
Free-cash
70 332
69 812
72 357
74 609

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47428
₽45867
₽40949
₽3545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
598
income
-
-
-
35 176
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
72 992
Employee
50 434
40 217
115 934
-
other
504
402
1 159
-
health
1 951
1 557
4 487
-
income
5 741
2 966
27 809
-
pensions
5 165
4 117
11 872
-
unemployment
1 513
1 207
3 478
-
total
14 874
10 249
48 805
-
Employer
50 434
40 217
115 934
-
accident
655
523
1 507
-
other
2 396
1 909
5 508
-
chamber of commerce
201
161
463
-
unemployment
1 513
1 207
3 478
-
surtax
199
199
199
-
pensions
6 329
5 048
14 549
-
payroll
1 513
1 207
3 478
-
health
1 906
1 521
4 382
-
total
14 712
11 775
33 564
-
Corporate
84 355
97 509
112 106
-
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.

21 089
24 377
28 027
-
total
21 089
24 377
28 027
-
Dividends
63 266
73 132
-
-
withholding
17 399
20 112
-
-
total
17 399
20 112
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 074
66 513
110 396
72 992
After tax
81 426
82 987
39 104
76 508
Living cost
35 559
35 559
35 559
35 559
Free-cash
45 867
47 428
3 545
40 949

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46873
₽31738
₽28617
₽17416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
53 136
communal

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

-
-
-
7 567
social contributions
-
-
-
23 384
total
-
-
-
84 087
Employee

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

72 186
-
115 793
-
communal

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

3 765
-
6 040
-
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.

3 392
-
5 441
-
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.

5 414
-
8 685
-
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.

628
-
1 007
-
national
22 193
-
40 408
-
total
35 392
-
61 581
-
Employer

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

72 186
-
115 793
-
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.

938
-
1 505
-
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.

1 053
-
1 691
-
surtax
8 185
-
13 130
-
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.

6 396
-
10 259
-
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.

4 439
-
7 122
-
total
21 011
-
33 707
-
Corporate
56 301
149 500
-
-
surtax
226
598
-
-
income
11 261
29 900
-
-
total
11 487
30 498
-
-
Dividends
44 815
119 002
-
-
withholding

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

13 076
35 333
-
-
total
13 076
35 333
-
-
Income
149 500
149 500
149 500
149 500
Total tax
80 966
65 831
95 288
84 087
After tax
68 534
83 669
54 212
65 413
Living cost
36 796
36 796
36 796
36 796
Free-cash
31 738
46 873
17 416
28 617

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63548
₽56136
₽47770
₽43442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
37 223
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
65 285
Employee
50 234
-
119 680
-
other
50
-
94
-
income
10 599
-
33 852
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
39 793
-
Employer
50 234
-
119 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
83 254
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.

12 488
22 426
-
-
total
12 488
22 426
-
-
Dividends
70 766
127 074
-
-
withholding
14 631
27 081
-
-
total
14 631
27 081
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 919
49 507
69 613
65 285
After tax
92 581
99 993
79 887
84 215
Living cost
36 445
36 445
36 445
36 445
Free-cash
56 136
63 548
43 442
47 770

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34166
₽22736
₽22237
₽28200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 260
income
-
-
-
21 389
pensions
-
-
-
22 408
health
-
-
-
10 504
surtax
-
-
-
7 411
communal
-
-
-
9 449
total
-
-
-
72 421
Employee
76 423
-
133 540
-
health
3 401
-
5 941
-
surtax
4 684
-
8 185
-
income
7 382
-
25 694
-
pensions
6 113
-
10 682
-
total
21 580
-
50 502
-
Employer
76 423
-
133 540
-
accident
688
-
1 203
-
pensions
6 113
-
10 682
-
health
2 331
-
4 071
-
total
9 132
-
15 956
-
Corporate
63 945
149 500
-
-
surtax
672
1 570
-
-
communal
4 317
10 091
-
-
income
9 593
22 426
-
-
total
14 582
34 087
-
-
Dividends
49 364
115 413
-
-
income
19 224
9 093
-
-
withholding
7 404
17 312
-
-
total
26 628
26 405
-
-
Income
149 500
149 500
149 500
149 500
Total tax
71 922
60 492
66 458
72 421
After tax
77 578
89 008
83 042
77 079
Living cost
54 842
54 842
54 842
54 842
Free-cash
22 736
34 166
28 200
22 237

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71368
₽68159
₽48278
₽43885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 574
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 251
total
-
-
-
78 555
Employee
33 985
-
123 503
-
other
-
-
-
-
health
868
-
3 150
-
surtax
121
-
4 558
-
income
5 697
-
32 413
-
pensions
2 267
-
8 237
-
unemployment
2 365
-
8 595
-
total
11 318
-
56 953
-
Employer
33 985
-
123 503
-
other
-
-
-
-
unemployment
1 078
-
3 914
-
pensions
4 531
-
16 462
-
health
1 545
-
5 619
-
total
7 154
-
25 995
-
Corporate
108 360
149 500
-
-
income
28 173
38 871
-
-
total
28 173
38 871
-
-
Dividends
80 187
110 629
-
-
withholding
12 029
16 594
-
-
total
12 029
16 594
-
-
Income
149 500
149 500
149 500
149 500
Total tax
58 674
55 465
82 948
78 555
After tax
90 826
94 035
66 552
70 945
Living cost
22 667
22 667
22 667
22 667
Free-cash
68 159
71 368
43 885
48 278

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51395
₽49155
₽45398
₽38492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
889
regional
-
-
-
2 255
national
-
-
-
35 322
social contributions
-
-
-
38 451
total
-
-
-
76 917
Employee
55 980
-
149 500
-
social contributions
18 877
-
50 411
-
regional
754
-
2 012
-
municipal
297
-
793
-
national
8 869
-
30 607
-
total
28 797
-
83 823
-
Employer
55 980
-
149 500
-
total
-
-
-
-
Corporate
93 520
149 500
-
-
nationa
22 445
35 879
-
-
municipal
4 648
7 431
-
-
total
27 093
43 310
-
-
Dividends
66 427
106 190
-
-
withholding
17 270
27 610
-
-
total
17 270
27 610
-
-
Income
149 500
149 500
149 500
149 500
Total tax
73 160
70 920
83 823
76 917
After tax
76 340
78 580
65 677
72 583
Living cost
27 185
27 185
27 185
27 185
Free-cash
49 155
51 395
38 492
45 398

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73148
₽62522
₽50574
₽46082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 181
health
-
-
-
20 183
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
69 143
Employee
43 799
-
111 567
-
social contributions
2 847
-
7 252
-
health
5 913
-
15 062
-
solidarity contribution
-
-
-
-
income
5 256
-
13 388
-
total
14 016
-
35 702
-
Employer
43 799
-
111 567
-
social contributions
10 950
-
27 892
-
health
3 942
-
10 041
-
total
14 892
-
37 933
-
Corporate
90 809
149 500
-
-
income
17 254
28 405
-
-
total
17 254
28 405
-
-
Dividends
73 555
121 095
-
-
withholding
11 033
18 164
-
-
total
11 033
18 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
57 195
46 569
73 635
69 143
After tax
92 305
102 931
75 865
80 357
Living cost
29 783
29 783
29 783
29 783
Free-cash
62 522
73 148
46 082
50 574

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50900
₽50401
₽44511
₽6939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
598
income
-
-
-
35 176
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
72 793
Employee
44 114
40 217
116 089
-
other
440
402
1 161
-
health
1 706
1 557
4 493
-
income
3 930
2 966
27 863
-
pensions
4 518
4 117
11 887
-
unemployment
1 323
1 207
3 484
-
total
11 917
10 249
48 888
-
Employer
44 114
40 217
116 089
-
accident
573
523
1 509
-
other
2 095
1 909
5 514
-
chamber of commerce
176
161
463
-
unemployment
1 323
1 207
3 484
-
surtax
-
-
-
-
pensions
5 537
5 048
14 570
-
payroll
1 323
1 207
3 484
-
health
1 668
1 521
4 387
-
total
12 695
11 576
33 411
-
Corporate
92 691
97 708
112 259
-
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.

23 173
24 427
28 066
-
total
23 173
24 427
28 066
-
Dividends
69 519
73 281
-
-
withholding
19 118
20 152
-
-
total
19 118
20 152
-
-
Income
149 500
149 500
149 500
149 500
Total tax
66 903
66 404
110 365
72 793
After tax
82 597
83 096
39 135
76 707
Living cost
32 196
32 196
32 196
32 196
Free-cash
50 401
50 900
6 939
44 511

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127876
₽125223
₽133856
₽105451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
149 500
-
income
3 537
-
29 900
-
total
3 537
-
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%.

131 814
149 500
-
-
total
-
-
-
-
Dividends
131 814
149 500
-
-
withholding
6 591
7 475
-
-
total
6 591
7 475
-
-
Income
149 500
149 500
149 500
149 500
Total tax
10 128
7 475
29 900
1 495
After tax
139 372
142 025
119 600
148 005
Living cost
14 149
14 149
14 149
14 149
Free-cash
125 223
127 876
105 451
133 856

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75862
₽67423
₽47385
₽43420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 812
pensions
-
-
-
27 301
unemployment
-
-
-
224
health
-
-
-
14 710
total
-
-
-
75 047
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.

44 626
-
129 357
-
health
2 882
-
8 357
-
income
7 696
-
30 279
-
pensions
6 917
-
20 051
-
unemployment
63
-
182
-
total
17 558
-
58 869
-
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.

44 626
-
129 357
-
unemployment
27
-
79
-
pensions
3 949
-
11 448
-
health
2 972
-
8 616
-
total
6 948
-
20 143
-
Corporate
97 926
149 500
-
-
income
18 605
28 405
-
-
total
18 605
28 405
-
-
Dividends
79 321
121 095
-
-
withholding
11 898
18 165
-
-
total
11 898
18 165
-
-
Income
149 500
149 500
149 500
149 500
Total tax
55 009
46 570
79 012
75 047
After tax
94 491
102 930
70 488
74 453
Living cost
27 068
27 068
27 068
27 068
Free-cash
67 423
75 862
43 420
47 385

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47376
-₽1094
₽59736
₽92633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
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
107 014
58 544
13 287
46 184
After tax
42 486
90 956
136 213
103 316
Living cost
43 580
43 580
43 580
43 580
Free-cash
-1 094
47 376
92 633
59 736

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53380
₽52365
₽49391
₽38889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 504
surtax
-
-
-
-
social contributions

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

-
-
-
51 951
total
-
-
-
68 455
Employee
46 414
-
120 808
-
social contributions
5 106
-
13 289
-
surtax
-
-
-
-
income
9 654
-
36 976
-
total
14 760
-
50 265
-
Employer
46 414
-
120 808
-
social contributions
11 023
-
28 692
-
total
11 023
-
28 692
-
Corporate
92 063
149 500
-
-
surtax
-
-
-
-
income
19 333
31 396
-
-
total
19 333
31 396
-
-
Dividends
72 730
118 104
-
-
withholding
20 365
33 070
-
-
total
20 365
33 070
-
-
Income
149 500
149 500
149 500
149 500
Total tax
65 481
64 466
78 957
68 455
After tax
84 019
85 034
70 543
81 045
Living cost
31 654
31 654
31 654
31 654
Free-cash
52 365
53 380
38 889
49 391

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26609
₽33541
₽35964
₽36578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 109
pensions
-
-
-
29 351
other
-
-
-
4 635
health
-
-
-
5 441
surtax
-
-
-
-
social contributions
-
-
-
4 259
total
-
-
-
64 795
Employee
63 206
-
117 422
-
social contributions
1 800
-
3 346
-
surtax
-
-
-
-
income
5 515
-
21 305
-
pensions
7 149
-
7 452
-
total
14 464
-
32 103
-
Employer
63 206
-
117 422
-
other
2 181
-
4 277
-
social contributions
190
-
352
-
unemployment
2 560
-
4 755
-
pensions
10 386
-
12 673
-
health
4 424
-
10 021
-
total
19 741
-
32 078
-
Corporate
66 553
149 500
-
-
surtax
-
-
-
-
income
18 636
41 860
-
-
total
18 636
41 860
-
-
Dividends
47 917
107 640
-
-
surtax
-
-
-
-
social contributions
8 243
18 513
-
-
withholding
6 134
13 777
-
-
total
14 377
32 290
-
-
Income
149 500
149 500
149 500
149 500
Total tax
67 218
74 150
64 181
64 795
After tax
82 282
75 350
85 319
84 705
Living cost
48 742
48 742
48 742
48 742
Free-cash
33 541
26 609
36 578
35 964

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104216
₽100824
₽80742
₽84715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 533
social contributions
-
-
-
32 890
total
-
-
-
38 423
Employee
32 444
-
129 438
-
income
-
-
5 973
-
social contributions
2 109
-
8 415
-
total
2 109
-
14 388
-
Employer
32 444
-
129 438
-
social contributions
5 029
-
20 062
-
total
5 029
-
20 062
-
Corporate
112 027
149 500
-
-
income
11 203
14 949
-
-
total
11 203
14 949
-
-
Dividends
100 824
134 551
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
18 341
14 949
34 450
38 423
After tax
131 159
134 551
115 050
111 077
Living cost
30 335
30 335
30 335
30 335
Free-cash
100 824
104 216
84 715
80 742

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽70471
-₽70471
₽41186
-₽70471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
30 300
pensions
-
-
-
875
national
-
-
-
16 626
labour market
-
-
-
11 890
total
-
-
-
59 691
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
171 348
171 348
171 348
59 691
After tax
-21 848
-21 848
-21 848
89 809
Living cost
48 623
48 623
48 623
48 623
Free-cash
-70 471
-70 471
-70 471
41 186

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9634
₽8775
₽80553
₽58507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
40 217
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
47 204
Employee
34 203
-
132 970
-
health
3 917
-
15 225
-
income
4 692
-
29 842
-
pensions
3 852
-
7 653
-
total
12 461
-
52 720
-
Employer
34 203
-
132 970
-
accident
571
-
2 220
-
unemployment
838
-
3 258
-
pensions
5 561
-
11 052
-
total
6 970
-
16 530
-
Corporate
108 326
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.

97 493
134 550
-
-
total
97 493
134 550
-
-
Dividends
10 833
14 950
-
-
withholding
2 058
2 841
-
-
total
2 058
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
118 982
137 391
69 250
47 204
After tax
30 518
12 109
80 250
102 296
Living cost
21 743
21 743
21 743
21 743
Free-cash
8 775
-9 634
58 507
80 553

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56691
₽58548
₽61787
₽41477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
26 572
health
-
-
-
1 881
national
-
-
-
20 515
total
-
-
-
48 968
Employee
53 094
-
125 766
-
health
396
-
1 515
-
municipal
8 696
-
20 497
-
pensions
3 583
-
8 490
-
unemployment
797
-
1 886
-
national
877
-
13 156
-
total
14 349
-
45 544
-
Employer
53 094
-
125 766
-
accident
54
-
126
-
unemployment
345
-
818
-
pensions
9 212
-
21 821
-
health
408
-
969
-
total
10 019
-
23 734
-
Corporate
86 388
149 500
-
-
income
17 278
29 900
-
-
total
17 278
29 900
-
-
Dividends

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

51 832
89 700
-
-
national
1 231
8 018
-
-
municipal
9 330
16 146
-
-
total
10 561
24 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
52 207
54 064
69 278
48 968
After tax
97 293
95 436
80 222
100 532
Living cost
38 745
38 745
38 745
38 745
Free-cash
58 548
56 691
41 477
61 787

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85790
₽80296
₽80232
₽78841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 762
health
-
-
-
3 813
social contributions
-
-
-
16 328
total
-
-
-
45 903
Employee
77 600
77 600
138 255
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 350
-
income
8 449
7 183
25 011
-
total
11 984
14 942
36 048
-
Employer
77 600
77 600
138 255
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 559
-
total
3 587
7 876
11 246
-
Corporate
110 563
64 023
-
-
income
13 821
8 003
-
-
total
13 821
8 003
-
-
Dividends
96 742
56 020
-
-
withholding
16 447
9 524
-
-
total
16 447
9 524
-
-
Income
149 500
149 500
149 500
149 500
Total tax
45 839
40 345
47 294
45 903
After tax
103 661
109 155
102 206
103 597
Living cost
23 365
23 365
23 365
23 365
Free-cash
80 296
85 790
78 841
80 232

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107779
₽102643
₽108399
₽88159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 978
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
25 078
Employee

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

23 164
-
139 637
-
health
1 969
-
8 139
-
income
1 584
-
12 475
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
35 456
-
Employer

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

23 164
-
139 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
123 952
149 500
-
-
income
11 155
13 455
-
-
total
11 155
13 455
-
-
Dividends
112 796
136 045
-
-
withholding
10 152
12 243
-
-
total
10 152
12 243
-
-
Income
149 500
149 500
149 500
149 500
Total tax
30 834
25 698
45 318
25 078
After tax
118 666
123 802
104 182
124 422
Living cost
16 023
16 023
16 023
16 023
Free-cash
102 643
107 779
88 159
108 399

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72242
₽67575
₽56464
₽52136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
37 223
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
65 285
Employee
37 315
-
119 680
-
other
36
-
94
-
income
7 194
-
33 852
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
39 793
-
Employer
37 315
-
119 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
100 289
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.

15 043
22 426
-
-
total
15 043
22 426
-
-
Dividends
85 246
127 074
-
-
withholding
17 672
27 081
-
-
total
17 672
27 081
-
-
Income
149 500
149 500
149 500
149 500
Total tax
54 174
49 507
69 613
65 285
After tax
95 326
99 993
79 887
84 215
Living cost
27 751
27 751
27 751
27 751
Free-cash
67 575
72 242
52 136
56 464

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90532
₽90078
₽92801
₽92603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 476
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
53 943
Employee
4 198
-
147 238
-
health
210
-
503
-
income
812
-
50 370
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
51 879
-
Employer
4 198
-
147 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
144 358
149 500
-
-
income
31 759
32 890
-
-
total
31 759
32 890
-
-
Dividends
112 599
116 610
-
-
withholding
22 520
23 322
-
-
total
22 520
23 322
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 666
56 212
54 141
53 943
After tax
92 834
93 288
95 359
95 557
Living cost
2 756
2 756
2 756
2 756
Free-cash
90 078
90 532
92 603
92 801

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90561
₽85596
₽70695
₽70696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 159
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
61 352
Employee

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

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

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

26 319
-
136 149
-
health
1 355
-
3 841
-
income
3 628
-
33 159
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
48 001
-
Employer

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

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

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

26 319
-
136 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
118 470
149 500
-
-
income
17 771
22 425
-
-
total
17 771
22 425
-
-
Dividends
100 700
127 075
-
-
withholding
15 105
19 061
-
-
total
15 105
19 061
-
-
Income
149 500
149 500
149 500
149 500
Total tax
46 451
41 486
61 351
61 352
After tax
103 049
108 014
88 149
88 148
Living cost
17 453
17 453
17 453
17 453
Free-cash
85 596
90 561
70 696
70 695

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57828
₽57466
₽53839
₽43337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 504
surtax
-
-
-
-
social contributions

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

-
-
-
51 951
total
-
-
-
68 455
Employee
39 168
-
120 808
-
social contributions
4 309
-
13 289
-
surtax
-
-
-
-
income
7 653
-
36 976
-
total
11 962
-
50 265
-
Employer
39 168
-
120 808
-
social contributions
9 302
-
28 692
-
total
9 302
-
28 692
-
Corporate
101 030
149 500
-
-
surtax
-
-
-
-
income
21 217
31 396
-
-
total
21 217
31 396
-
-
Dividends
79 813
118 104
-
-
withholding
22 347
33 070
-
-
total
22 347
33 070
-
-
Income
149 500
149 500
149 500
149 500
Total tax
64 828
64 466
78 957
68 455
After tax
84 672
85 034
70 543
81 045
Living cost
27 206
27 206
27 206
27 206
Free-cash
57 466
57 828
43 337
53 839

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64526
₽57456
₽48748
₽44420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
37 223
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
65 285
Employee
48 738
-
119 680
-
other
48
-
94
-
income
10 180
-
33 852
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
39 793
-
Employer
48 738
-
119 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
85 223
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.

12 783
22 426
-
-
total
12 783
22 426
-
-
Dividends
72 440
127 074
-
-
withholding
14 982
27 081
-
-
total
14 982
27 081
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 577
49 507
69 613
65 285
After tax
92 923
99 993
79 887
84 215
Living cost
35 467
35 467
35 467
35 467
Free-cash
57 456
64 526
44 420
48 748

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110453
₽104298
₽100288
₽105844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
31 842
Employee
23 001
-
142 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
14 258
-
pensions

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

2 019
-
3 097
-
total
5 630
-
19 365
-
Employer
23 001
-
142 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
121 986
149 500
-
-
income
12 199
14 950
-
-
total
12 199
14 950
-
-
Dividends
109 787
134 550
-
-
withholding
5 490
6 727
-
-
total
5 490
6 727
-
-
Income
149 500
149 500
149 500
149 500
Total tax
27 832
21 677
26 286
31 842
After tax
121 668
127 823
123 214
117 658
Living cost
17 370
17 370
17 370
17 370
Free-cash
104 298
110 453
105 844
100 288

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38025
₽51224
₽43479
₽58198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 719
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.

-
-
-
43 078
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.

-
-
-
6 894
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.

-
-
-
2 369
total
-
-
-
67 060
Employee

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

50 212
-
149 500
-
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.

6 894
-
6 894
-
surtax

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

228
-
2 369
-
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.

4 129
-
43 078
-
total
11 251
-
52 341
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 288
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.

820
1 233
-
-
income
14 894
22 426
-
-
trade
14 248
21 453
-
-
chamber of commerce
299
372
-
-
total
30 261
45 484
-
-
Dividends
69 027
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.

929
1 410
-
-
withholding
16 874
25 620
-
-
total
17 803
27 030
-
-
Income
149 500
149 500
149 500
149 500
Total tax
59 315
72 514
52 341
67 060
After tax
90 185
76 986
97 159
82 440
Living cost
38 961
38 961
38 961
38 961
Free-cash
51 224
38 025
58 198
43 479

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47164
₽49390
₽24605
₽24605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 120
social contributions
-
-
-
24 288
total
-
-
-
67 408
Employee
78 939
-
149 500
-
income
14 896
-
43 120
-
social contributions
6 558
-
24 288
-
total
21 454
-
67 408
-
Employer
78 939
-
149 500
-
total
-
-
-
-
Corporate
70 561
149 500
-
-
income
8 821
18 687
-
-
total
8 821
18 687
-
-
Dividends
61 740
130 813
-
-
withholding
12 348
26 162
-
-
total
12 348
26 162
-
-
Income
149 500
149 500
149 500
149 500
Total tax
42 623
44 849
67 408
67 408
After tax
106 877
104 651
82 092
82 092
Living cost
57 487
57 487
57 487
57 487
Free-cash
49 390
47 164
24 605
24 605

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55209
₽58738
₽77400
₽71388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
144 858
-
income
5 023
-
32 195
-
social contributions
4 638
-
4 642
-
total
9 661
-
36 837
-
Employer
46 295
-
144 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
98 567
149 500
-
-
income
34 498
52 326
-
-
total
34 498
52 326
-
-
Dividends
64 069
97 174
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
149 500
149 500
149 500
149 500
Total tax
54 129
57 658
41 479
35 467
After tax
95 371
91 842
108 021
114 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
58 738
55 209
71 388
77 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63361
₽68682
₽63691
₽49999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 660
pensions
-
-
-
8 534
total
-
-
-
48 194
Employee
51 632
-
130 864
-
health
674
-
2 010
-
income
9 403
-
30 532
-
pensions
3 941
-
10 708
-
total
14 018
-
43 250
-
Employer
51 632
-
130 864
-
pensions
5 217
-
16 149
-
health
981
-
2 487
-
total
6 198
-
18 636
-
Corporate
91 670
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.

17 418
28 404
-
-
total
17 418
28 404
-
-
Dividends
74 252
121 096
-
-
withholding
5 569
20 120
-
-
total
5 569
20 120
-
-
Income
149 500
149 500
149 500
149 500
Total tax
43 203
48 524
61 886
48 194
After tax
106 297
100 976
87 614
101 306
Living cost
37 615
37 615
37 615
37 615
Free-cash
68 682
63 361
49 999
63 691

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11787
₽8442
₽78400
₽56354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
40 217
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
47 204
Employee
37 589
-
132 970
-
health
4 304
-
15 225
-
income
5 157
-
29 842
-
pensions
4 233
-
7 653
-
total
13 694
-
52 720
-
Employer
37 589
-
132 970
-
accident
628
-
2 220
-
unemployment
921
-
3 258
-
pensions
6 112
-
11 052
-
total
7 661
-
16 530
-
Corporate
104 251
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.

93 826
134 550
-
-
total
93 826
134 550
-
-
Dividends
10 425
14 950
-
-
withholding
1 981
2 841
-
-
total
1 981
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
117 162
137 391
69 250
47 204
After tax
32 338
12 109
80 250
102 296
Living cost
23 896
23 896
23 896
23 896
Free-cash
8 442
-11 787
56 354
78 400

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽112173
₽107451
₽70535
₽89458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
748
health insurance
-
-
-
11 063
income
-
-
-
24 221
pensions
-
-
-
27 508
unemployment
-
-
-
1 794
total
-
-
-
65 334
Employee

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

21 810
-
149 500
-
work injury
109
-
403
-
income
2 181
-
24 221
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
46 411
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 690
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%.

1 277
1 495
-
-
total
1 277
1 495
-
-
Dividends
126 413
148 005
-
-
withholding
18 962
22 201
-
-
total
18 962
22 201
-
-
Income
149 500
149 500
149 500
149 500
Total tax
28 418
23 696
46 411
65 334
After tax
121 082
125 804
103 089
84 166
Living cost
13 631
13 631
13 631
13 631
Free-cash
107 451
112 173
89 458
70 535

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽38545
₽33953
₽31131
₽24424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 000
regional
-
-
-
3 393
national
-
-
-
35 322
social contributions
-
-
-
38 451
total
-
-
-
78 166
Employee
85 039
-
149 500
-
social contributions
28 675
-
50 411
-
regional
1 284
-
2 963
-
municipal
507
-
892
-
national
14 371
-
30 607
-
total
44 837
-
84 873
-
Employer
85 039
-
149 500
-
total
-
-
-
-
Corporate
64 461
149 500
-
-
nationa
15 470
35 879
-
-
municipal
3 106
7 206
-
-
total
18 576
43 085
-
-
Dividends
45 885
106 414
-
-
withholding
11 931
27 667
-
-
total
11 931
27 667
-
-
Income
149 500
149 500
149 500
149 500
Total tax
75 344
70 752
84 873
78 166
After tax
74 156
78 748
64 627
71 334
Living cost
40 203
40 203
40 203
40 203
Free-cash
33 953
38 545
24 424
31 131

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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