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
₽47006
₽67763
₽51088
₽57389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 500
income

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

-
-
-
44 462
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.

-
-
-
2 445
health

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

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

-
-
-
6 410
trade
-
-
-
16 675
total
-
-
-
69 992
Employee

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

35 888
-
149 500
-
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.

55
-
2 445
-
income

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

1 002
-
44 462
-
health

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

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

6 410
-
6 410
-
total
7 467
-
53 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 612
149 500
-
-
income
17 042
22 425
-
-
surtax

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

937
1 234
-
-
chamber of commerce
306
358
-
-
trade
17 893
23 547
-
-
total
36 178
47 564
-
-
Dividends
77 433
101 936
-
-
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.

1 045
1 382
-
-
withholding
19 001
25 128
-
-
total
20 046
26 510
-
-
Income
149 500
149 500
149 500
149 500
Total tax
63 691
74 074
53 317
69 992
After tax
85 809
75 426
96 183
79 508
Living cost
28 420
28 420
28 420
28 420
Free-cash
57 389
47 006
67 763
51 088

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽43332
₽39849
₽38676
₽42502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
social contributions
-
-
-
1 607
municipal
-
-
-
16 207
national
-
-
-
25 114
pensions
-
-
-
17 940
total
-
-
-
60 868
Employee
77 442
-
129 241
-
municipal
9 565
-
16 786
-
pensions
3 098
-
5 170
-
national
14 822
-
26 011
-
total
27 485
-
47 967
-
Employer
77 442
-
129 241
-
pensions
6 195
-
10 339
-
social contributions
832
-
1 389
-
total
7 027
-
11 728
-
Corporate
59 919
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%.

11 984
29 900
-
-
total
11 984
29 900
-
-
Dividends
47 936
119 600
-
-
withholding
10 546
26 312
-
-
total
10 546
26 312
-
-
Income
149 500
149 500
149 500
149 500
Total tax
57 042
56 212
59 695
60 868
After tax
92 458
93 288
89 805
88 632
Living cost
49 956
49 956
49 956
49 956
Free-cash
42 502
43 332
39 849
38 676

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽100079
₽70485
₽30711
₽92382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
149 500
income
-
-
-
25 194
surtax
-
-
-
38 123
social contributions

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

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
99 268
Employee
27 418
-
109 005
-
surtax
-
-
-
-
social contributions

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

3 016
-
11 991
-
income
4 881
-
21 244
-
total
7 897
-
33 235
-
Employer
27 418
-
109 005
-
social contributions

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

6 604
-
26 259
-
surtax
-
-
-
-
total
6 604
-
26 259
-
Corporate
115 478
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%.

23 096
29 900
-
-
total
23 096
29 900
-
-
Dividends

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

92 382
119 600
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
37 597
29 900
59 494
99 268
After tax
111 903
119 600
90 006
50 232
Living cost
19 521
19 521
19 521
19 521
Free-cash
92 382
100 079
70 485
30 711

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽34472
₽52386
₽44328
₽28724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 302
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
65 865
Employee
80 127
80 127
132 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
17 807
-
health
12 299
10 461
11 570
-
total
39 838
34 570
40 370
-
Employer
80 127
80 127
132 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
56 324
55 341
-
-
income
11 264
11 068
-
-
total
11 264
11 068
-
-
Dividends
45 060
44 273
-
-
income
9 576
9 409
-
-
withholding
6 759
6 642
-
-
total
16 335
16 051
-
-
Income
149 500
149 500
149 500
149 500
Total tax
81 469
75 721
57 807
65 865
After tax
68 031
73 779
91 693
83 635
Living cost
39 307
39 307
39 307
39 307
Free-cash
28 724
34 472
52 386
44 328

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽44143
₽39359
₽40269
₽43302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
37 484
national
-
-
-
10 464
pensions
-
-
-
8 881
total
-
-
-
71 747
Employee
53 411
-
123 688
-
municipal
15 927
-
36 884
-
national
-
-
9 961
-
total
15 927
-
46 845
-
Employer
53 411
-
123 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
79 307
149 500
-
-
income
17 447
32 890
-
-
total
17 447
32 890
-
-
Dividends
61 859
116 610
-
-
withholding
18 558
34 983
-
-
total
18 558
34 983
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 714
67 873
72 657
71 747
After tax
80 786
81 627
76 843
77 753
Living cost
37 484
37 484
37 484
37 484
Free-cash
43 302
44 143
39 359
40 269

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽37798
₽59323
₽41906
₽50986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 500
income

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

-
-
-
44 462
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.

-
-
-
2 445
health

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

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

-
-
-
6 410
trade
-
-
-
17 416
total
-
-
-
70 733
Employee

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

47 583
-
149 500
-
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.

224
-
2 445
-
income

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

4 088
-
44 462
-
health

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

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

6 410
-
6 410
-
total
10 722
-
53 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 917
149 500
-
-
income
15 288
22 425
-
-
surtax

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

840
1 234
-
-
chamber of commerce
287
354
-
-
trade
16 764
24 592
-
-
total
33 179
48 605
-
-
Dividends
68 737
100 895
-
-
surtax

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

926
1 368
-
-
withholding
16 827
24 868
-
-
total
17 753
26 236
-
-
Income
149 500
149 500
149 500
149 500
Total tax
61 654
74 841
53 317
70 733
After tax
87 846
74 659
96 183
78 767
Living cost
36 860
36 860
36 860
36 860
Free-cash
50 986
37 798
59 323
41 906

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽78679
₽71180
₽72539
₽74787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 534
social contributions
-
-
-
15 181
health
-
-
-
3 812
total
-
-
-
46 527
Employee
72 151
72 151
138 854
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
26 802
-
health
718
1 227
2 361
-
total
11 800
13 894
37 240
-
Employer
72 151
72 151
138 854
-
health
782
1 335
2 569
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
10 646
-
Corporate
102 978
70 025
-
-
income
12 872
8 753
-
-
total
12 872
8 753
-
-
Dividends
90 106
61 272
-
-
withholding
15 319
10 417
-
-
total
15 319
10 417
-
-
Income
149 500
149 500
149 500
149 500
Total tax
44 279
40 387
47 886
46 527
After tax
105 221
109 113
101 614
102 973
Living cost
30 434
30 434
30 434
30 434
Free-cash
74 787
78 679
71 180
72 539

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽67193
₽69850
₽86749
₽67542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
18 276
unemployment
-
-
-
2 243
health
-
-
-
10 465
pensions
-
-
-
14 950
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.

24 275
9 661
125 105
-
unemployment
364
145
1 877
-
pensions
2 428
966
12 510
-
income
2 968
1 181
15 294
-
health
1 699
676
8 757
-
total
7 459
2 968
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.

24 275
9 661
125 105
-
pensions
4 734
1 884
24 395
-
total
4 734
1 884
24 395
-
Corporate
120 491
137 955
-
-
income
10 844
12 416
-
-
total
10 844
12 416
-
-
Dividends
109 647
125 539
-
-
social contributions
21 271
24 370
-
-
withholding
20 833
23 852
-
-
total
42 104
48 222
-
-
Income
149 500
149 500
149 500
149 500
Total tax
65 141
65 490
62 833
45 934
After tax
84 359
84 010
86 667
103 566
Living cost
16 817
16 817
16 817
16 817
Free-cash
67 542
67 193
69 850
86 749

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽96936
₽63504
₽57467
₽91105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
20 034
health
-
-
-
19 435
pensions
-
-
-
29 900
total
-
-
-
69 369
Employee
26 618
-
111 733
-
unemployment
426
-
1 788
-
pensions
532
-
2 235
-
income
2 997
-
21 542
-
total
3 955
-
25 565
-
Employer
26 618
-
111 733
-
health
3 460
-
14 526
-
pensions
5 324
-
22 347
-
unemployment
214
-
894
-
total
8 998
-
37 767
-
Corporate
113 884
149 500
-
-
income
22 778
29 900
-
-
total
22 778
29 900
-
-
Dividends
91 107
119 600
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
35 731
29 900
63 332
69 369
After tax
113 769
119 600
86 168
80 131
Living cost
22 664
22 664
22 664
22 664
Free-cash
91 105
96 936
63 504
57 467

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽8839
₽59617
₽81316
₽8897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 236
Employee
32 952
-
133 509
-
pensions
3 710
-
7 264
-
income
4 521
-
30 393
-
health
3 773
-
15 287
-
total
12 004
-
52 944
-
Employer
32 952
-
133 509
-
pensions
5 358
-
10 490
-
accident
550
-
2 230
-
unemployment
807
-
3 271
-
total
6 715
-
15 991
-
Corporate
109 832
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.

98 849
134 550
-
-
total
98 849
134 550
-
-
Dividends
10 983
14 950
-
-
withholding
2 087
2 841
-
-
total
2 087
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
119 655
137 391
68 935
47 236
After tax
29 845
12 109
80 565
102 264
Living cost
20 948
20 948
20 948
20 948
Free-cash
8 897
-8 839
59 617
81 316

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽134464
₽112039
₽140444
₽133046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
149 500
-
income
1 890
-
29 900
-
total
1 890
-
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%.

140 050
149 500
-
-
total
-
-
-
-
Dividends
140 050
149 500
-
-
withholding
7 003
7 475
-
-
total
7 003
7 475
-
-
Income
149 500
149 500
149 500
149 500
Total tax
8 893
7 475
29 900
1 495
After tax
140 607
142 025
119 600
148 005
Living cost
7 561
7 561
7 561
7 561
Free-cash
133 046
134 464
112 039
140 444

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽84835
₽60108
₽55619
₽78502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 579
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
68 879
Employee
34 069
-
119 408
-
unemployment
340
-
1 195
-
pensions

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

2 384
-
8 358
-
income
5 865
-
23 075
-
health
477
-
1 672
-
total
9 066
-
34 300
-
Employer
34 069
-
119 408
-
health
477
-
1 672
-
pensions

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

5 792
-
20 299
-
accident
272
-
954
-
unemployment
340
-
1 195
-
other
1 704
-
5 970
-
total
8 585
-
30 090
-
Corporate
106 845
149 500
-
-
income
22 437
31 396
-
-
total
22 437
31 396
-
-
Dividends
84 408
118 104
-
-
withholding
5 908
8 267
-
-
total
5 908
8 267
-
-
Income
149 500
149 500
149 500
149 500
Total tax
45 996
39 663
64 390
68 879
After tax
103 504
109 837
85 110
80 621
Living cost
25 002
25 002
25 002
25 002
Free-cash
78 502
84 835
60 108
55 619

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽36856
₽24006
₽37623
₽36454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
41 070
pensions
-
-
-
8 121
total
-
-
-
49 191
Employee
88 691
-
130 742
-
pensions
8 556
-
10 103
-
income
15 987
-
31 991
-
health
1 461
-
1 957
-
total
26 004
-
44 051
-
Employer
88 691
-
130 742
-
health
1 684
-
2 483
-
pensions
10 472
-
16 274
-
total
12 156
-
18 757
-
Corporate
48 653
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.

9 244
28 406
-
-
total
9 244
28 406
-
-
Dividends
39 409
121 094
-
-
withholding
2 956
21 552
-
-
total
2 956
21 552
-
-
Income
149 500
149 500
149 500
149 500
Total tax
50 360
49 958
62 808
49 191
After tax
99 140
99 542
86 692
100 309
Living cost
62 686
62 686
62 686
62 686
Free-cash
36 454
36 856
24 006
37 623

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽115524
₽111721
₽106027
₽111167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
22 425
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
31 174
Employee
16 286
-
143 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
14 307
-
health
749
-
1 507
-
total
3 986
-
19 051
-
Employer
16 286
-
143 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
130 018
149 500
-
-
income
13 002
14 950
-
-
total
13 002
14 950
-
-
Dividends
117 016
134 550
-
-
withholding
5 851
6 727
-
-
total
5 851
6 727
-
-
Income
149 500
149 500
149 500
149 500
Total tax
26 034
21 677
25 480
31 174
After tax
123 466
127 823
124 020
118 326
Living cost
12 299
12 299
12 299
12 299
Free-cash
111 167
115 524
111 721
106 027

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽21749
₽39663
₽31605
₽24111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 302
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
65 865
Employee
86 993
80 127
132 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
17 807
-
health
10 853
10 461
11 570
-
total
34 962
34 570
40 370
-
Employer
86 993
80 127
132 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
47 276
55 341
-
-
income
9 455
11 068
-
-
total
9 455
11 068
-
-
Dividends
37 821
44 273
-
-
income
8 038
9 409
-
-
withholding
5 673
6 642
-
-
total
13 711
16 051
-
-
Income
149 500
149 500
149 500
149 500
Total tax
73 359
75 721
57 807
65 865
After tax
76 141
73 779
91 693
83 635
Living cost
52 030
52 030
52 030
52 030
Free-cash
24 111
21 749
39 663
31 605

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽79920
₽52854
₽58765
₽71710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 431
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
20 182
total
-
-
-
67 724
Employee
33 839
-
111 567
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 252
-
income
4 061
-
13 388
-
health
4 568
-
15 062
-
total
10 829
-
35 702
-
Employer
33 839
-
111 567
-
health
3 045
-
10 041
-
social contributions
8 460
-
27 892
-
total
11 505
-
37 933
-
Corporate
104 156
149 500
-
-
income
19 790
28 405
-
-
total
19 790
28 405
-
-
Dividends
84 366
121 095
-
-
withholding
12 655
18 164
-
-
total
12 655
18 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
54 779
46 569
73 635
67 724
After tax
94 721
102 931
75 865
81 776
Living cost
23 011
23 011
23 011
23 011
Free-cash
71 710
79 920
52 854
58 765

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽40173
₽26027
₽32779
₽35271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
social contributions
-
-
-
38 452
regional
-
-
-
1 747
municipal
-
-
-
889
national
-
-
-
36 040
total
-
-
-
77 128
Employee
83 391
-
149 500
-
municipal
442
-
792
-
national
14 450
-
31 136
-
regional
787
-
1 541
-
social contributions
28 119
-
50 411
-
total
43 798
-
83 880
-
Employer
83 391
-
149 500
-
total
-
-
-
-
Corporate
66 109
149 500
-
-
municipal
2 578
5 830
-
-
nationa
15 867
35 879
-
-
total
18 445
41 709
-
-
Dividends
47 664
107 791
-
-
withholding
12 393
28 025
-
-
total
12 393
28 025
-
-
Income
149 500
149 500
149 500
149 500
Total tax
74 636
69 734
83 880
77 128
After tax
74 864
79 766
65 620
72 372
Living cost
39 593
39 593
39 593
39 593
Free-cash
35 271
40 173
26 027
32 779

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽73329
₽44624
₽50243
₽70412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 730
other
-
-
-
-
surtax
-
-
-
5 671
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
78 552
Employee
31 029
-
123 503
-
other
-
-
-
-
unemployment
2 160
-
8 595
-
pensions
2 069
-
8 237
-
surtax
101
-
4 783
-
income
5 201
-
33 410
-
health
792
-
3 148
-
total
10 323
-
58 173
-
Employer
31 029
-
123 503
-
health
1 412
-
5 618
-
pensions
4 136
-
16 464
-
unemployment
983
-
3 916
-
other
-
-
-
-
total
6 531
-
25 998
-
Corporate
111 940
149 500
-
-
income
29 104
38 871
-
-
total
29 104
38 871
-
-
Dividends
82 835
110 629
-
-
withholding
12 425
16 595
-
-
total
12 425
16 595
-
-
Income
149 500
149 500
149 500
149 500
Total tax
58 383
55 466
84 171
78 552
After tax
91 117
94 034
65 329
70 948
Living cost
20 705
20 705
20 705
20 705
Free-cash
70 412
73 329
44 624
50 243

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽56717
₽43867
₽57484
₽61813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
41 070
pensions
-
-
-
8 121
total
-
-
-
49 191
Employee
59 438
-
130 742
-
pensions
5 045
-
10 103
-
income
10 705
-
31 991
-
health
863
-
1 957
-
total
16 613
-
44 051
-
Employer
59 438
-
130 742
-
health
1 129
-
2 483
-
pensions
6 434
-
16 274
-
total
7 563
-
18 757
-
Corporate
82 498
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.

15 674
28 406
-
-
total
15 674
28 406
-
-
Dividends
66 825
121 094
-
-
withholding
5 012
21 552
-
-
total
5 012
21 552
-
-
Income
149 500
149 500
149 500
149 500
Total tax
44 862
49 958
62 808
49 191
After tax
104 638
99 542
86 692
100 309
Living cost
42 825
42 825
42 825
42 825
Free-cash
61 813
56 717
43 867
57 484

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽5724
₽40736
₽48002
₽25978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
other

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

-
-
-
2 989
regional
-
-
-
6 837
health
-
-
-
337
city
-
-
-
1 576
national
-
-
-
1 920
pensions
-
-
-
13 753
total
-
-
-
27 412
Employee
86 700
-
133 811
-
unemployment
-
-
-
-
pensions
7 284
-
11 240
-
national
410
-
1 576
-
regional
2 839
-
5 908
-
city
930
-
1 437
-
health
196
-
301
-
total
11 659
-
20 462
-
Employer
86 700
-
133 811
-
health
196
-
301
-
pensions
7 284
-
11 240
-
unemployment
-
-
-
-
other

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

1 733
-
2 675
-
total
9 213
-
14 216
-
Corporate
52 634
149 500
-
-
regional
11 131
31 619
-
-
national
4 473
12 707
-
-
total
15 604
44 326
-
-
Dividends
37 029
105 174
-
-
withholding
12 960
36 812
-
-
total
12 960
36 812
-
-
Income
149 500
149 500
149 500
149 500
Total tax
49 436
81 138
34 678
27 412
After tax
100 064
68 362
114 822
122 088
Living cost
74 086
74 086
74 086
74 086
Free-cash
25 978
-5 724
40 736
48 002

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽30906
₽53199
₽35042
₽46122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 500
income

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

-
-
-
44 462
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.

-
-
-
2 445
health

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

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

-
-
-
6 410
trade
-
-
-
18 157
total
-
-
-
71 474
Employee

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

56 390
-
149 500
-
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.

365
-
2 445
-
income

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

6 631
-
44 462
-
health

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

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

6 410
-
6 410
-
total
13 406
-
53 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 110
149 500
-
-
income
13 967
22 425
-
-
surtax

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

767
1 234
-
-
chamber of commerce
274
353
-
-
trade
15 969
25 639
-
-
total
30 977
49 651
-
-
Dividends
62 132
99 849
-
-
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.

835
1 353
-
-
withholding
15 176
24 606
-
-
total
16 011
25 959
-
-
Income
149 500
149 500
149 500
149 500
Total tax
60 394
75 610
53 317
71 474
After tax
89 106
73 890
96 183
78 026
Living cost
42 984
42 984
42 984
42 984
Free-cash
46 122
30 906
53 199
35 042

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽43246
₽51817
₽52399
₽48786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 113
other
-
-
-
4 635
surtax
-
-
-
-
social contributions
-
-
-
4 259
health
-
-
-
5 830
pensions
-
-
-
28 161
total
-
-
-
64 998
Employee
40 158
-
116 723
-
pensions
4 541
-
7 690
-
surtax
-
-
-
-
social contributions
1 145
-
3 326
-
income
2 370
-
21 791
-
total
8 056
-
32 807
-
Employer
40 158
-
116 723
-
health
2 812
-
10 298
-
pensions
6 597
-
13 024
-
unemployment
1 626
-
4 728
-
social contributions
121
-
351
-
other
1 385
-
4 372
-
total
12 541
-
32 773
-
Corporate
96 801
149 500
-
-
income
27 104
41 860
-
-
surtax
-
-
-
-
total
27 104
41 860
-
-
Dividends
69 697
107 640
-
-
surtax
-
-
-
-
social contributions
11 989
18 513
-
-
withholding
8 921
13 778
-
-
total
20 910
32 291
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 611
74 151
65 580
64 998
After tax
80 889
75 349
83 920
84 502
Living cost
32 103
32 103
32 103
32 103
Free-cash
48 786
43 246
51 817
52 399

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽46427
₽54998
₽55580
₽51640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 113
other
-
-
-
4 635
surtax
-
-
-
-
social contributions
-
-
-
4 259
health
-
-
-
5 830
pensions
-
-
-
28 161
total
-
-
-
64 998
Employee
35 847
-
116 723
-
pensions
4 054
-
7 690
-
surtax
-
-
-
-
social contributions
1 022
-
3 326
-
income
1 848
-
21 791
-
total
6 924
-
32 807
-
Employer
35 847
-
116 723
-
health
2 509
-
10 298
-
pensions
5 890
-
13 024
-
unemployment
1 451
-
4 728
-
social contributions
107
-
351
-
other
1 238
-
4 372
-
total
11 195
-
32 773
-
Corporate
102 459
149 500
-
-
income
28 689
41 860
-
-
surtax
-
-
-
-
total
28 689
41 860
-
-
Dividends
73 769
107 640
-
-
surtax
-
-
-
-
social contributions
12 687
18 513
-
-
withholding
9 443
13 778
-
-
total
22 130
32 291
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 938
74 151
65 580
64 998
After tax
80 562
75 349
83 920
84 502
Living cost
28 922
28 922
28 922
28 922
Free-cash
51 640
46 427
54 998
55 580

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽71314
₽73496
₽76115
₽71799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
22 425
social contributions
-
-
-
20 630
health
-
-
-
10 434
total
-
-
-
53 489
Employee
31 814
-
149 500
-
social contributions
4 391
-
20 630
-
income
5 306
-
25 044
-
health
2 220
-
10 434
-
total
11 917
-
56 108
-
Employer
31 814
-
149 500
-
total
-
-
-
-
Corporate
117 686
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%.

5 885
7 475
-
-
total
5 885
7 475
-
-
Dividends
111 801
142 025
-
-
social contributions
15 429
19 599
-
-
withholding
16 770
21 303
-
-
health
7 804
9 913
-
-
total
40 003
50 815
-
-
Income
149 500
149 500
149 500
149 500
Total tax
57 805
58 290
56 108
53 489
After tax
91 695
91 210
93 392
96 011
Living cost
19 896
19 896
19 896
19 896
Free-cash
71 799
71 314
73 496
76 115

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽49807
₽6214
₽43626
₽48354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 610
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
598
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
72 812
Employee
46 892
37 393
117 214
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
29 674
-
health
1 814
1 448
4 241
-
total
13 829
9 530
49 526
-
Employer
46 892
37 393
117 214
-
chamber of commerce
187
150
468
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
3 517
-
other
2 228
1 775
5 502
-
total
13 680
10 948
32 285
-
Corporate
88 929
101 160
113 653
-
income

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

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

22 233
25 290
28 413
-
total
22 233
25 290
28 413
-
Dividends
66 696
75 870
-
-
withholding
18 342
20 863
-
-
total
18 342
20 863
-
-
Income
149 500
149 500
149 500
149 500
Total tax
68 084
66 631
110 224
72 812
After tax
81 416
82 869
39 276
76 688
Living cost
33 062
33 062
33 062
33 062
Free-cash
48 354
49 807
6 214
43 626

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽49431
₽19302
₽30573
₽35361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
communal

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

-
-
-
7 576
social contributions
-
-
-
23 229
national
-
-
-
53 910
total
-
-
-
84 715
Employee

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

67 117
-
115 795
-
unemployment

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

584
-
1 008
-
communal

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

3 501
-
6 040
-
pensions

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

5 034
-
8 684
-
national
20 635
-
41 105
-
health

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

3 153
-
5 443
-
total
32 907
-
62 280
-
Employer

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

67 117
-
115 795
-
health

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

4 127
-
7 121
-
pensions

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

5 947
-
10 260
-
accident

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

872
-
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.

979
-
1 690
-
surtax
7 610
-
13 130
-
total
19 535
-
33 706
-
Corporate
62 846
149 500
-
-
income
12 569
29 900
-
-
surtax
251
598
-
-
total
12 820
30 498
-
-
Dividends
50 025
119 002
-
-
withholding

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

14 665
35 359
-
-
total
14 665
35 359
-
-
Income
149 500
149 500
149 500
149 500
Total tax
79 927
65 857
95 986
84 715
After tax
69 573
83 643
53 514
64 785
Living cost
34 212
34 212
34 212
34 212
Free-cash
35 361
49 431
19 302
30 573

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽65956
₽46253
₽50190
₽59244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 333
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 424
Employee
46 707
-
121 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
36 112
-
total
12 821
-
41 635
-
Employer
46 707
-
121 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
87 906
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.

13 185
22 425
-
-
total
13 185
22 425
-
-
Dividends
74 720
127 075
-
-
withholding
15 477
27 233
-
-
total
15 477
27 233
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 370
49 658
69 361
65 424
After tax
93 130
99 842
80 139
84 076
Living cost
33 886
33 886
33 886
33 886
Free-cash
59 244
65 956
46 253
50 190

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽37402
₽30650
₽24690
₽26169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
communal
-
-
-
9 448
accident
-
-
-
1 261
income
-
-
-
22 786
surtax
-
-
-
7 411
health
-
-
-
10 504
pensions
-
-
-
22 409
total
-
-
-
73 819
Employee
71 057
-
133 542
-
pensions
5 684
-
10 684
-
surtax
4 355
-
8 184
-
income
6 863
-
27 091
-
health
3 162
-
5 942
-
total
20 064
-
51 901
-
Employer
71 057
-
133 542
-
health
2 167
-
4 072
-
pensions
5 684
-
10 684
-
accident
639
-
1 202
-
total
8 490
-
15 958
-
Corporate
69 953
149 500
-
-
communal
4 722
10 091
-
-
income
10 493
22 425
-
-
surtax
735
1 570
-
-
total
15 950
34 086
-
-
Dividends
54 002
115 414
-
-
income
19 736
9 708
-
-
withholding
8 100
17 313
-
-
total
27 836
27 021
-
-
Income
149 500
149 500
149 500
149 500
Total tax
72 340
61 107
67 859
73 819
After tax
77 160
88 393
81 641
75 681
Living cost
50 991
50 991
50 991
50 991
Free-cash
26 169
37 402
30 650
24 690

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽72959
₽44254
₽49873
₽69977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 730
other
-
-
-
-
surtax
-
-
-
5 671
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
78 552
Employee
31 599
-
123 503
-
other
-
-
-
-
unemployment
2 199
-
8 595
-
pensions
2 108
-
8 237
-
surtax
112
-
4 783
-
income
5 297
-
33 410
-
health
807
-
3 148
-
total
10 523
-
58 173
-
Employer
31 599
-
123 503
-
health
1 437
-
5 618
-
pensions
4 213
-
16 464
-
unemployment
1 002
-
3 916
-
other
-
-
-
-
total
6 652
-
25 998
-
Corporate
111 249
149 500
-
-
income
28 924
38 871
-
-
total
28 924
38 871
-
-
Dividends
82 325
110 629
-
-
withholding
12 349
16 595
-
-
total
12 349
16 595
-
-
Income
149 500
149 500
149 500
149 500
Total tax
58 448
55 466
84 171
78 552
After tax
91 052
94 034
65 329
70 948
Living cost
21 075
21 075
21 075
21 075
Free-cash
69 977
72 959
44 254
49 873

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽53305
₽39874
₽46588
₽51222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
social contributions
-
-
-
38 452
regional
-
-
-
2 255
municipal
-
-
-
889
national
-
-
-
36 040
total
-
-
-
77 636
Employee
52 049
-
149 500
-
municipal
276
-
792
-
national
8 246
-
31 136
-
regional
701
-
2 011
-
social contributions
17 551
-
50 411
-
total
26 774
-
84 350
-
Employer
52 049
-
149 500
-
total
-
-
-
-
Corporate
97 451
149 500
-
-
municipal
4 843
7 430
-
-
nationa
23 388
35 879
-
-
total
28 231
43 309
-
-
Dividends
69 219
106 190
-
-
withholding
17 997
27 610
-
-
total
17 997
27 610
-
-
Income
149 500
149 500
149 500
149 500
Total tax
73 002
70 919
84 350
77 636
After tax
76 498
78 581
65 150
71 864
Living cost
25 276
25 276
25 276
25 276
Free-cash
51 222
53 305
39 874
46 588

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽74576
₽47510
₽53421
₽64460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 431
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
20 182
total
-
-
-
67 724
Employee
41 699
-
111 567
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 252
-
income
5 004
-
13 388
-
health
5 629
-
15 062
-
total
13 343
-
35 702
-
Employer
41 699
-
111 567
-
health
3 753
-
10 041
-
social contributions
10 425
-
27 892
-
total
14 178
-
37 933
-
Corporate
93 624
149 500
-
-
income
17 789
28 405
-
-
total
17 789
28 405
-
-
Dividends
75 835
121 095
-
-
withholding
11 375
18 164
-
-
total
11 375
18 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 685
46 569
73 635
67 724
After tax
92 815
102 931
75 865
81 776
Living cost
28 355
28 355
28 355
28 355
Free-cash
64 460
74 576
47 510
53 421

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽53033
₽9396
₽46938
₽52570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 610
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
598
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
72 627
Employee
41 016
37 393
117 385
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
29 747
-
health
1 587
1 448
4 241
-
total
11 081
9 530
49 599
-
Employer
41 016
37 393
117 385
-
chamber of commerce
164
150
470
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
3 522
-
other
1 948
1 775
5 509
-
total
11 803
10 763
32 114
-
Corporate
96 680
101 345
113 824
-
income

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

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

24 170
25 336
28 456
-
total
24 170
25 336
28 456
-
Dividends
72 510
76 009
-
-
withholding
19 941
20 903
-
-
total
19 941
20 903
-
-
Income
149 500
149 500
149 500
149 500
Total tax
66 995
66 532
110 169
72 627
After tax
82 505
82 968
39 331
76 873
Living cost
29 935
29 935
29 935
29 935
Free-cash
52 570
53 033
9 396
46 938

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽130243
₽107818
₽136223
₽128033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
149 500
-
income
2 946
-
29 900
-
total
2 946
-
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%.

134 773
149 500
-
-
total
-
-
-
-
Dividends
134 773
149 500
-
-
withholding
6 739
7 475
-
-
total
6 739
7 475
-
-
Income
149 500
149 500
149 500
149 500
Total tax
9 685
7 475
29 900
1 495
After tax
139 815
142 025
119 600
148 005
Living cost
11 782
11 782
11 782
11 782
Free-cash
128 033
130 243
107 818
136 223

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽77765
₽44690
₽48651
₽69913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 445
unemployment
-
-
-
224
health
-
-
-
14 711
pensions
-
-
-
27 302
total
-
-
-
75 682
Employee

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

41 492
-
129 358
-
unemployment
59
-
182
-
pensions
6 432
-
20 050
-
income
7 155
-
30 913
-
health
2 680
-
8 356
-
total
16 326
-
59 501
-
Employer

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

41 492
-
129 358
-
health
2 764
-
8 616
-
pensions
3 672
-
11 448
-
unemployment
25
-
78
-
total
6 461
-
20 142
-
Corporate
101 548
149 500
-
-
income
19 295
28 404
-
-
total
19 295
28 404
-
-
Dividends
82 253
121 096
-
-
withholding
12 338
18 164
-
-
total
12 338
18 164
-
-
Income
149 500
149 500
149 500
149 500
Total tax
54 420
46 568
79 643
75 682
After tax
95 080
102 932
69 857
73 818
Living cost
25 167
25 167
25 167
25 167
Free-cash
69 913
77 765
44 690
48 651

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽50876
₽97200
₽63236
₽6693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
11 000
149 500
-
-
income
2 420
32 890
-
-
total
2 420
32 890
-
-
Dividends
8 580
116 610
-
-
income
1 888
25 654
-
-
total
1 888
25 654
-
-
Income
149 500
149 500
149 500
149 500
Total tax
102 727
58 544
12 220
46 184
After tax
46 773
90 956
137 280
103 316
Living cost
40 080
40 080
40 080
40 080
Free-cash
6 693
50 876
97 200
63 236

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽55603
₽40311
₽51209
₽54659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 908
surtax
-
-
-
-
social contributions

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

-
-
-
51 951
total
-
-
-
68 859
Employee
43 155
-
120 807
-
surtax
-
-
-
-
social contributions
4 747
-
13 289
-
income
8 976
-
37 777
-
total
13 723
-
51 066
-
Employer
43 155
-
120 807
-
social contributions
10 249
-
28 691
-
total
10 249
-
28 691
-
Corporate
96 096
149 500
-
-
income
20 180
31 396
-
-
surtax
-
-
-
-
total
20 180
31 396
-
-
Dividends
75 916
118 104
-
-
withholding
21 257
33 069
-
-
total
21 257
33 069
-
-
Income
149 500
149 500
149 500
149 500
Total tax
65 409
64 465
79 757
68 859
After tax
84 091
85 035
69 743
80 641
Living cost
29 432
29 432
29 432
29 432
Free-cash
54 659
55 603
40 311
51 209

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽30030
₽38601
₽39183
₽36479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 113
other
-
-
-
4 635
surtax
-
-
-
-
social contributions
-
-
-
4 259
health
-
-
-
5 830
pensions
-
-
-
28 161
total
-
-
-
64 998
Employee
58 768
-
116 723
-
pensions
6 647
-
7 690
-
surtax
-
-
-
-
social contributions
1 674
-
3 326
-
income
5 128
-
21 791
-
total
13 449
-
32 807
-
Employer
58 768
-
116 723
-
health
4 113
-
10 298
-
pensions
9 656
-
13 024
-
unemployment
2 381
-
4 728
-
social contributions
176
-
351
-
other
2 028
-
4 372
-
total
18 354
-
32 773
-
Corporate
72 378
149 500
-
-
income
20 265
41 860
-
-
surtax
-
-
-
-
total
20 265
41 860
-
-
Dividends
52 113
107 640
-
-
surtax
-
-
-
-
social contributions
8 964
18 513
-
-
withholding
6 670
13 778
-
-
total
15 634
32 291
-
-
Income
149 500
149 500
149 500
149 500
Total tax
67 702
74 151
65 580
64 998
After tax
81 798
75 349
83 920
84 502
Living cost
45 319
45 319
45 319
45 319
Free-cash
36 479
30 030
38 601
39 183

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽106345
₽86415
₽82442
₽103194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 963
social contributions
-
-
-
32 890
total
-
-
-
38 853
Employee
30 166
-
129 436
-
income
-
-
6 405
-
social contributions
1 960
-
8 413
-
total
1 960
-
14 818
-
Employer
30 166
-
129 436
-
social contributions
4 676
-
20 062
-
total
4 676
-
20 062
-
Corporate
114 659
149 500
-
-
income
11 465
14 950
-
-
total
11 465
14 950
-
-
Dividends
103 193
134 550
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
18 101
14 950
34 880
38 853
After tax
131 399
134 550
114 620
110 647
Living cost
28 205
28 205
28 205
28 205
Free-cash
103 194
106 345
86 415
82 442

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽54926
-₽54926
₽43897
-₽54926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
labour market
-
-
-
11 895
municipal
-
-
-
30 673
national
-
-
-
17 035
pensions
-
-
-
813
total
-
-
-
60 416
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
149 500
149 500
149 500
149 500
Total tax
159 239
159 239
159 239
60 416
After tax
-9 739
-9 739
-9 739
89 084
Living cost
45 187
45 187
45 187
45 187
Free-cash
-54 926
-54 926
-54 926
43 897

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽8530
₽59926
₽81625
₽8943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 236
Employee
32 466
-
133 509
-
pensions
3 656
-
7 264
-
income
4 454
-
30 393
-
health
3 718
-
15 287
-
total
11 828
-
52 944
-
Employer
32 466
-
133 509
-
pensions
5 279
-
10 490
-
accident
542
-
2 230
-
unemployment
796
-
3 271
-
total
6 617
-
15 991
-
Corporate
110 417
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.

99 375
134 550
-
-
total
99 375
134 550
-
-
Dividends
11 042
14 950
-
-
withholding
2 098
2 841
-
-
total
2 098
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
119 918
137 391
68 935
47 236
After tax
29 582
12 109
80 565
102 264
Living cost
20 639
20 639
20 639
20 639
Free-cash
8 943
-8 530
59 926
81 625

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽58635
₽43405
₽62694
₽60614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 500
health
-
-
-
1 911
municipal
-
-
-
26 567
national
-
-
-
22 304
total
-
-
-
50 782
Employee
49 366
-
125 766
-
municipal
8 086
-
20 491
-
unemployment
741
-
1 886
-
pensions
3 332
-
8 490
-
national
816
-
13 926
-
health
369
-
1 546
-
total
13 344
-
46 339
-
Employer
49 366
-
125 766
-
health
379
-
969
-
pensions
8 565
-
21 820
-
accident
50
-
126
-
unemployment
321
-
817
-
total
9 315
-
23 732
-
Corporate
90 819
149 500
-
-
income
18 164
29 900
-
-
total
18 164
29 900
-
-
Dividends

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

54 492
89 700
-
-
municipal
9 808
16 147
-
-
national
2 231
8 794
-
-
total
12 039
24 941
-
-
Income
149 500
149 500
149 500
149 500
Total tax
52 862
54 841
70 071
50 782
After tax
96 638
94 659
79 429
98 718
Living cost
36 024
36 024
36 024
36 024
Free-cash
60 614
58 635
43 405
62 694

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽87389
₽79890
₽81249
₽82282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 534
social contributions
-
-
-
15 181
health
-
-
-
3 812
total
-
-
-
46 527
Employee
72 151
72 151
138 854
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
26 802
-
health
559
1 227
2 361
-
total
11 143
13 894
37 240
-
Employer
72 151
72 151
138 854
-
health
607
1 335
2 569
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
10 646
-
Corporate
113 298
70 025
-
-
income
14 163
8 753
-
-
total
14 163
8 753
-
-
Dividends
99 135
61 272
-
-
withholding
16 853
10 417
-
-
total
16 853
10 417
-
-
Income
149 500
149 500
149 500
149 500
Total tax
45 494
40 387
47 886
46 527
After tax
104 006
109 113
101 614
102 973
Living cost
21 724
21 724
21 724
21 724
Free-cash
82 282
87 389
79 890
81 249

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽108906
₽91310
₽110131
₽104129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 080
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
24 472
Employee

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

21 537
-
140 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
12 755
-
health
1 830
-
7 568
-
total
6 640
-
34 123
-
Employer

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

21 537
-
140 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
125 746
149 500
-
-
income
11 318
13 454
-
-
total
11 318
13 454
-
-
Dividends
114 428
136 046
-
-
withholding
10 299
12 243
-
-
total
10 299
12 243
-
-
Income
149 500
149 500
149 500
149 500
Total tax
30 474
25 697
43 293
24 472
After tax
119 026
123 803
106 207
125 028
Living cost
14 897
14 897
14 897
14 897
Free-cash
104 129
108 906
91 310
110 131

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽74040
₽54337
₽58274
₽69879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 333
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 424
Employee
34 695
-
121 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
36 112
-
total
8 892
-
41 635
-
Employer
34 695
-
121 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
103 744
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.

15 561
22 425
-
-
total
15 561
22 425
-
-
Dividends
88 183
127 075
-
-
withholding
18 305
27 233
-
-
total
18 305
27 233
-
-
Income
149 500
149 500
149 500
149 500
Total tax
53 819
49 658
69 361
65 424
After tax
95 681
99 842
80 139
84 076
Living cost
25 802
25 802
25 802
25 802
Free-cash
69 879
74 040
54 337
58 274

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽91388
₽94024
₽94159
₽91076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
51 050
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
53 441
Employee
2 894
-
147 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
50 977
-
health
145
-
347
-
total
994
-
52 017
-
Employer
2 894
-
147 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
145 954
149 500
-
-
income
32 110
32 890
-
-
total
32 110
32 890
-
-
Dividends
113 844
116 610
-
-
withholding
22 769
23 322
-
-
total
22 769
23 322
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 524
56 212
53 576
53 441
After tax
92 976
93 288
95 924
96 059
Living cost
1 900
1 900
1 900
1 900
Free-cash
91 076
91 388
94 024
94 159

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽91818
₽73679
₽73679
₽87209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 463
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
59 625
Employee

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

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

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

24 423
-
137 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
33 463
-
health
1 258
-
3 564
-
total
8 227
-
47 236
-
Employer

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

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

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

24 423
-
137 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
120 705
149 500
-
-
income
18 106
22 425
-
-
total
18 106
22 425
-
-
Dividends
102 599
127 075
-
-
withholding
15 390
19 061
-
-
total
15 390
19 061
-
-
Income
149 500
149 500
149 500
149 500
Total tax
46 095
41 486
59 625
59 625
After tax
103 405
108 014
89 875
89 875
Living cost
16 196
16 196
16 196
16 196
Free-cash
87 209
91 818
73 679
73 679

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽59739
₽44447
₽55345
₽59402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 908
surtax
-
-
-
-
social contributions

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

-
-
-
51 951
total
-
-
-
68 859
Employee
36 418
-
120 807
-
surtax
-
-
-
-
social contributions
4 006
-
13 289
-
income
7 116
-
37 777
-
total
11 122
-
51 066
-
Employer
36 418
-
120 807
-
social contributions
8 648
-
28 691
-
total
8 648
-
28 691
-
Corporate
104 434
149 500
-
-
income
21 932
31 396
-
-
surtax
-
-
-
-
total
21 932
31 396
-
-
Dividends
82 502
118 104
-
-
withholding
23 100
33 069
-
-
total
23 100
33 069
-
-
Income
149 500
149 500
149 500
149 500
Total tax
64 802
64 465
79 757
68 859
After tax
84 698
85 035
69 743
80 641
Living cost
25 296
25 296
25 296
25 296
Free-cash
59 402
59 739
44 447
55 345

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽66866
₽47163
₽51100
₽60470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 333
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 424
Employee
45 316
-
121 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
36 112
-
total
12 342
-
41 635
-
Employer
45 316
-
121 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
89 736
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.

13 460
22 425
-
-
total
13 460
22 425
-
-
Dividends
76 277
127 075
-
-
withholding
15 805
27 233
-
-
total
15 805
27 233
-
-
Income
149 500
149 500
149 500
149 500
Total tax
56 054
49 658
69 361
65 424
After tax
93 446
99 842
80 139
84 076
Living cost
32 976
32 976
32 976
32 976
Free-cash
60 470
66 866
47 163
51 100

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽111686
₽107883
₽102189
₽105967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
22 425
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
31 174
Employee
21 368
-
143 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
14 307
-
health
983
-
1 507
-
total
5 231
-
19 051
-
Employer
21 368
-
143 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
123 940
149 500
-
-
income
12 394
14 950
-
-
total
12 394
14 950
-
-
Dividends
111 545
134 550
-
-
withholding
5 578
6 727
-
-
total
5 578
6 727
-
-
Income
149 500
149 500
149 500
149 500
Total tax
27 396
21 677
25 480
31 174
After tax
122 104
127 823
124 020
118 326
Living cost
16 137
16 137
16 137
16 137
Free-cash
105 967
111 686
107 883
102 189

Estimated living cost  is ₽16137 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽40742
₽59958
₽44764
₽53015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 500
income

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

-
-
-
44 462
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.

-
-
-
2 445
health

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

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

-
-
-
6 410
trade
-
-
-
15 194
total
-
-
-
68 511
Employee

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

46 686
-
149 500
-
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.

212
-
2 445
-
income

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

3 839
-
44 462
-
health

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

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

6 410
-
6 410
-
total
10 461
-
53 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 814
149 500
-
-
income
15 422
22 425
-
-
surtax

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

848
1 234
-
-
chamber of commerce
294
361
-
-
trade
14 754
21 453
-
-
total
31 318
45 473
-
-
Dividends
71 496
104 027
-
-
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.

963
1 410
-
-
withholding
17 518
25 650
-
-
total
18 481
27 060
-
-
Income
149 500
149 500
149 500
149 500
Total tax
60 260
72 533
53 317
68 511
After tax
89 240
76 967
96 183
80 989
Living cost
36 225
36 225
36 225
36 225
Free-cash
53 015
40 742
59 958
44 764

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽51201
₽27183
₽27183
₽53271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 291
social contributions
-
-
-
24 576
total
-
-
-
68 867
Employee
73 396
-
149 500
-
income
13 850
-
44 291
-
social contributions
6 098
-
24 576
-
total
19 948
-
68 867
-
Employer
73 396
-
149 500
-
total
-
-
-
-
Corporate
76 104
149 500
-
-
income
9 514
18 687
-
-
total
9 514
18 687
-
-
Dividends
66 590
130 813
-
-
withholding
13 317
26 162
-
-
total
13 317
26 162
-
-
Income
149 500
149 500
149 500
149 500
Total tax
42 779
44 849
68 867
68 867
After tax
106 721
104 651
80 633
80 633
Living cost
53 450
53 450
53 450
53 450
Free-cash
53 271
51 201
27 183
27 183

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽58157
₽73200
₽83043
₽61434
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
145 184
-
income
4 671
-
33 607
-
social contributions
4 313
-
4 316
-
total
8 984
-
37 923
-
Employer
43 044
-
145 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
102 143
149 500
-
-
income
35 751
52 325
-
-
total
35 751
52 325
-
-
Dividends
66 392
97 175
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
149 500
149 500
149 500
149 500
Total tax
54 005
57 282
42 239
32 396
After tax
95 495
92 218
107 261
117 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
61 434
58 157
73 200
83 043

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽64727
₽51877
₽65494
₽70279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
income
-
-
-
41 070
pensions
-
-
-
8 121
total
-
-
-
49 191
Employee
47 789
-
130 742
-
pensions
3 648
-
10 103
-
income
8 703
-
31 991
-
health
623
-
1 957
-
total
12 974
-
44 051
-
Employer
47 789
-
130 742
-
health
908
-
2 483
-
pensions
4 828
-
16 274
-
total
5 736
-
18 757
-
Corporate
95 974
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.

18 235
28 406
-
-
total
18 235
28 406
-
-
Dividends
77 739
121 094
-
-
withholding
7 461
21 552
-
-
total
7 461
21 552
-
-
Income
149 500
149 500
149 500
149 500
Total tax
44 406
49 958
62 808
49 191
After tax
105 094
99 542
86 692
100 309
Living cost
34 815
34 815
34 815
34 815
Free-cash
70 279
64 727
51 877
65 494

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽10573
₽57883
₽79582
₽8630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 236
Employee
35 680
-
133 509
-
pensions
4 018
-
7 264
-
income
4 895
-
30 393
-
health
4 085
-
15 287
-
total
12 998
-
52 944
-
Employer
35 680
-
133 509
-
pensions
5 801
-
10 490
-
accident
596
-
2 230
-
unemployment
874
-
3 271
-
total
7 271
-
15 991
-
Corporate
106 549
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.

95 894
134 550
-
-
total
95 894
134 550
-
-
Dividends
10 655
14 950
-
-
withholding
2 025
2 841
-
-
total
2 025
2 841
-
-
Income
149 500
149 500
149 500
149 500
Total tax
118 188
137 391
68 935
47 236
After tax
31 312
12 109
80 565
102 264
Living cost
22 682
22 682
22 682
22 682
Free-cash
8 630
-10 573
57 883
79 582

Estimated living cost  is ₽22682 per week

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

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽113127
₽91776
₽71300
₽108737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
149 500
income
-
-
-
24 410
unemployment
-
-
-
1 794
work injury
-
-
-
748
health insurance
-
-
-
11 063
pensions
-
-
-
27 508
total
-
-
-
65 523
Employee

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

20 283
-
149 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
24 410
-
total
7 605
-
45 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 217
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%.

1 292
1 495
-
-
total
1 292
1 495
-
-
Dividends
127 925
148 005
-
-
withholding
19 189
22 201
-
-
total
19 189
22 201
-
-
Income
149 500
149 500
149 500
149 500
Total tax
28 086
23 696
45 047
65 523
After tax
121 414
125 804
104 453
83 977
Living cost
12 677
12 677
12 677
12 677
Free-cash
108 737
113 127
91 776
71 300

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽41368
₽26660
₽33222
₽37098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
149 500
social contributions
-
-
-
38 452
regional
-
-
-
3 407
municipal
-
-
-
999
national
-
-
-
36 040
total
-
-
-
78 898
Employee
79 067
-
149 500
-
municipal
472
-
892
-
national
13 362
-
31 136
-
regional
1 194
-
3 021
-
social contributions
26 661
-
50 411
-
total
41 689
-
85 460
-
Employer
79 067
-
149 500
-
total
-
-
-
-
Corporate
70 433
149 500
-
-
municipal
3 396
7 206
-
-
nationa
16 903
35 879
-
-
total
20 299
43 085
-
-
Dividends
50 134
106 415
-
-
withholding
13 034
27 667
-
-
total
13 034
27 667
-
-
Income
149 500
149 500
149 500
149 500
Total tax
75 022
70 752
85 460
78 898
After tax
74 478
78 748
64 040
70 602
Living cost
37 380
37 380
37 380
37 380
Free-cash
37 098
41 368
26 660
33 222

Estimated living cost  is ₽37380 per week

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

Source of data for Rome model

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