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
₽ 150000
per

Your estimated
City
free-cash

Dresden , Germany
₽45276
₽56385
₽50678
₽66948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
trade
-
-
-
16 270
income

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

-
-
-
43 381
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 386
total
-
-
-
68 899
Employee

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

38 417
-
150 000
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
2 386
-
income

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

1 073
-
43 381
-
total
7 994
-
52 629
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 583
150 000
-
-
surtax

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

921
1 237
-
-
income
16 737
22 499
-
-
trade
17 574
23 624
-
-
chamber of commerce
313
368
-
-
total
35 545
47 728
-
-
Dividends
76 038
102 272
-
-
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.

1 025
1 386
-
-
withholding
18 628
25 187
-
-
total
19 653
26 573
-
-
Income
150 000
150 000
150 000
150 000
Total tax
63 192
74 301
52 629
68 899
After tax
86 808
75 699
97 371
81 101
Living cost
30 423
30 423
30 423
30 423
Free-cash
56 385
45 276
66 948
50 678

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽42917
₽42074
₽38280
₽39457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
municipal
-
-
-
16 247
pensions
-
-
-
18 000
national
-
-
-
25 177
social contributions
-
-
-
1 613
total
-
-
-
61 037
Employee
78 568
-
129 674
-
municipal
9 704
-
16 828
-
pensions
3 143
-
5 187
-
national
15 038
-
26 077
-
total
27 885
-
48 092
-
Employer
78 568
-
129 674
-
social contributions
845
-
1 394
-
pensions
6 285
-
10 374
-
total
7 130
-
11 768
-
Corporate
59 117
150 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

11 823
30 000
-
-
total
11 823
30 000
-
-
Dividends
47 293
120 000
-
-
withholding
10 405
26 400
-
-
total
10 405
26 400
-
-
Income
150 000
150 000
150 000
150 000
Total tax
57 243
56 400
59 860
61 037
After tax
92 757
93 600
90 140
88 963
Living cost
50 683
50 683
50 683
50 683
Free-cash
42 074
42 917
39 457
38 280

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽99104
₽90863
₽27867
₽70515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
microenterprise
-
-
-
-
income
-
-
-
24 504
surtax
-
-
-
38 249
social contributions

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

-
-
-
38 484
total
-
-
-
101 237
Employee
29 350
-
107 511
-
social contributions

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

3 229
-
11 825
-
surtax
-
-
-
-
income
5 225
-
20 864
-
total
8 454
-
32 689
-
Employer
29 350
-
107 511
-
social contributions

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

7 070
-
25 900
-
surtax
-
-
-
-
total
7 070
-
25 900
-
Corporate
113 580
150 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

22 717
30 000
-
-
total
22 717
30 000
-
-
Dividends

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

90 864
120 000
-
-
total
-
-
-
-
Income
150 000
150 000
150 000
150 000
Total tax
38 241
30 000
58 589
101 237
After tax
111 759
120 000
91 411
48 763
Living cost
20 896
20 896
20 896
20 896
Free-cash
90 863
99 104
70 515
27 867

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽31785
₽25632
₽42610
₽48717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
41 159
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
65 313
Employee
85 774
85 774
131 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
16 386
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
40 540
-
Employer
85 774
85 774
131 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
50 258
49 206
-
-
income
10 051
9 841
-
-
total
10 051
9 841
-
-
Dividends
40 207
39 365
-
-
income
8 545
8 366
-
-
withholding
6 031
5 905
-
-
total
14 576
14 271
-
-
Income
150 000
150 000
150 000
150 000
Total tax
82 291
76 138
59 206
65 313
After tax
67 709
73 862
90 794
84 687
Living cost
42 077
42 077
42 077
42 077
Free-cash
25 632
31 785
48 717
42 610

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽42937
₽42063
₽39419
₽38473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
municipal
-
-
-
37 353
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
9 527
total
-
-
-
71 618
Employee
55 518
-
123 170
-
municipal
16 556
-
36 729
-
national
-
-
9 004
-
total
16 556
-
45 733
-
Employer
55 518
-
123 170
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
77 038
150 000
-
-
income
16 948
33 000
-
-
total
16 948
33 000
-
-
Dividends
60 089
117 000
-
-
withholding
18 027
35 100
-
-
total
18 027
35 100
-
-
Income
150 000
150 000
150 000
150 000
Total tax
68 974
68 100
72 564
71 618
After tax
81 026
81 900
77 436
78 382
Living cost
38 963
38 963
38 963
38 963
Free-cash
42 063
42 937
38 473
39 419

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽35472
₽49581
₽40920
₽57913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
trade
-
-
-
16 993
income

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

-
-
-
43 381
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 386
total
-
-
-
69 622
Employee

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

50 937
-
150 000
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
2 386
-
income

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

4 376
-
43 381
-
total
11 478
-
52 629
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 063
150 000
-
-
surtax

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

818
1 237
-
-
income
14 860
22 499
-
-
trade
16 295
24 674
-
-
chamber of commerce
294
366
-
-
total
32 267
48 776
-
-
Dividends
66 797
101 223
-
-
surtax

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

898
1 370
-
-
withholding
16 318
24 924
-
-
total
17 216
26 294
-
-
Income
150 000
150 000
150 000
150 000
Total tax
60 961
75 070
52 629
69 622
After tax
89 039
74 930
97 371
80 378
Living cost
39 458
39 458
39 458
39 458
Free-cash
49 581
35 472
57 913
40 920

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽76934
₽72769
₽71293
₽69901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
26 051
health
-
-
-
3 826
social contributions
-
-
-
16 251
total
-
-
-
46 128
Employee
77 236
77 236
138 786
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 360
-
income
8 110
7 150
25 300
-
total
12 631
14 873
36 306
-
Employer
77 236
77 236
138 786
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 568
-
total
4 590
7 840
11 214
-
Corporate
100 200
64 925
-
-
income
12 525
8 116
-
-
total
12 525
8 116
-
-
Dividends
87 675
56 809
-
-
withholding
14 906
9 658
-
-
total
14 906
9 658
-
-
Income
150 000
150 000
150 000
150 000
Total tax
44 652
40 487
47 520
46 128
After tax
105 348
109 513
102 480
103 872
Living cost
32 579
32 579
32 579
32 579
Free-cash
72 769
76 934
69 901
71 293

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽66090
₽66469
₽85683
₽68727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
18 338
pensions
-
-
-
15 000
unemployment
-
-
-
2 250
health
-
-
-
10 500
total
-
-
-
46 088
Employee

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
125 523
-
health
1 842
733
8 787
-
income
3 217
1 280
15 345
-
pensions
2 631
1 047
12 552
-
unemployment
395
157
1 883
-
total
8 085
3 217
38 567
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
125 523
-
pensions
5 131
2 042
24 477
-
total
5 131
2 042
24 477
-
Corporate
118 555
137 485
-
-
income
10 670
12 374
-
-
total
10 670
12 374
-
-
Dividends
107 885
125 112
-
-
social contributions
20 918
24 277
-
-
withholding
20 498
23 771
-
-
total
41 416
48 048
-
-
Income
150 000
150 000
150 000
150 000
Total tax
65 302
65 681
63 044
46 088
After tax
84 698
84 319
86 956
103 912
Living cost
18 229
18 229
18 229
18 229
Free-cash
66 469
66 090
68 727
85 683

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽95739
₽89497
₽56140
₽62195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
20 100
pensions
-
-
-
30 000
health
-
-
-
19 499
total
-
-
-
69 599
Employee
28 494
-
112 107
-
income
3 208
-
21 615
-
pensions
570
-
2 242
-
unemployment
456
-
1 794
-
total
4 234
-
25 651
-
Employer
28 494
-
112 107
-
unemployment
229
-
898
-
pensions
5 699
-
22 421
-
health
3 704
-
14 574
-
total
9 632
-
37 893
-
Corporate
111 875
150 000
-
-
income
22 376
30 000
-
-
total
22 376
30 000
-
-
Dividends
89 499
120 000
-
-
total
-
-
-
-
Income
150 000
150 000
150 000
150 000
Total tax
36 242
30 000
63 544
69 599
After tax
113 758
120 000
86 456
80 401
Living cost
24 261
24 261
24 261
24 261
Free-cash
89 497
95 739
62 195
56 140

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽9895
₽8767
₽80592
₽58501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
accident
-
-
-
253
income
-
-
-
40 385
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 363
Employee
34 678
-
133 462
-
health
3 971
-
15 281
-
income
4 758
-
29 989
-
pensions
3 905
-
7 645
-
total
12 634
-
52 915
-
Employer
34 678
-
133 462
-
accident
579
-
2 229
-
unemployment
850
-
3 270
-
pensions
5 639
-
11 040
-
total
7 068
-
16 539
-
Corporate
108 254
150 000
-
-
income

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

97 429
135 000
-
-
total
97 429
135 000
-
-
Dividends
10 825
15 000
-
-
withholding
2 057
2 850
-
-
total
2 057
2 850
-
-
Income
150 000
150 000
150 000
150 000
Total tax
119 188
137 850
69 454
47 363
After tax
30 812
12 150
80 546
102 637
Living cost
22 045
22 045
22 045
22 045
Free-cash
8 767
-9 895
58 501
80 592

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽133400
₽131693
₽139400
₽110900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
150 000
microenterprise

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

-
-
-
1 500
total
-
-
-
1 500
Employee
11 375
-
150 000
-
income
2 275
-
30 000
-
total
2 275
-
30 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

138 625
150 000
-
-
total
-
-
-
-
Dividends
138 625
150 000
-
-
withholding
6 932
7 500
-
-
total
6 932
7 500
-
-
Income
150 000
150 000
150 000
150 000
Total tax
9 207
7 500
30 000
1 500
After tax
140 793
142 500
120 000
148 500
Living cost
9 100
9 100
9 100
9 100
Free-cash
131 693
133 400
110 900
139 400

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽83441
₽76658
₽52692
₽58894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
20 818
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.

-
-
-
36 000
other
-
-
-
7 125
health
-
-
-
6 601
total
-
-
-
70 544
Employee
36 470
-
119 806
-
health
511
-
1 677
-
income
6 279
-
22 885
-
pensions

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

2 552
-
8 387
-
unemployment
364
-
1 199
-
total
9 706
-
34 148
-
Employer
36 470
-
119 806
-
accident
292
-
959
-
other
1 824
-
5 991
-
unemployment
364
-
1 199
-
pensions

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

6 201
-
20 368
-
health
511
-
1 677
-
total
9 192
-
30 194
-
Corporate
104 339
150 000
-
-
income
21 910
31 500
-
-
total
21 910
31 500
-
-
Dividends
82 429
118 500
-
-
withholding
5 770
8 295
-
-
total
5 770
8 295
-
-
Income
150 000
150 000
150 000
150 000
Total tax
46 578
39 795
64 342
70 544
After tax
103 422
110 205
85 658
79 456
Living cost
26 764
26 764
26 764
26 764
Free-cash
76 658
83 441
58 894
52 692

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽33969
₽31504
₽34376
₽20649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
40 030
pensions
-
-
-
8 492
total
-
-
-
48 522
Employee
94 939
-
131 280
-
health
1 564
-
2 007
-
income
17 114
-
30 880
-
pensions
9 159
-
10 642
-
total
27 837
-
43 529
-
Employer
94 939
-
131 280
-
pensions
11 210
-
16 225
-
health
1 803
-
2 495
-
total
13 013
-
18 720
-
Corporate
42 048
150 000
-
-
income

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

7 990
28 500
-
-
total
7 990
28 500
-
-
Dividends
34 058
121 500
-
-
withholding
2 554
20 429
-
-
total
2 554
20 429
-
-
Income
150 000
150 000
150 000
150 000
Total tax
51 394
48 929
62 249
48 522
After tax
98 606
101 071
87 751
101 478
Living cost
67 102
67 102
67 102
67 102
Free-cash
31 504
33 969
20 649
34 376

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽115082
₽110417
₽104966
₽110557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
22 500
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 866
Employee
17 436
-
143 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 312
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 392
-
Employer
17 436
-
143 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
129 143
150 000
-
-
income
12 914
15 000
-
-
total
12 914
15 000
-
-
Dividends
116 229
135 000
-
-
withholding
5 812
6 750
-
-
total
5 812
6 750
-
-
Income
150 000
150 000
150 000
150 000
Total tax
26 415
21 750
26 275
31 866
After tax
123 585
128 250
123 725
118 134
Living cost
13 168
13 168
13 168
13 168
Free-cash
110 417
115 082
110 557
104 966

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽18165
₽20692
₽28990
₽35097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
41 159
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
65 313
Employee
93 123
85 774
131 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
16 386
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
40 540
-
Employer
93 123
85 774
131 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
40 572
49 206
-
-
income
8 114
9 841
-
-
total
8 114
9 841
-
-
Dividends
32 458
39 365
-
-
income
6 898
8 366
-
-
withholding
4 868
5 905
-
-
total
11 766
14 271
-
-
Income
150 000
150 000
150 000
150 000
Total tax
73 611
76 138
59 206
65 313
After tax
76 389
73 862
90 794
84 687
Living cost
55 697
55 697
55 697
55 697
Free-cash
20 692
18 165
35 097
28 990

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽79256
₽70687
₽56891
₽52100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
14 278
health
-
-
-
20 250
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
69 090
Employee
35 322
-
111 940
-
social contributions
2 296
-
7 276
-
health
4 768
-
15 112
-
solidarity contribution
-
-
-
-
income
4 239
-
13 433
-
total
11 303
-
35 821
-
Employer
35 322
-
111 940
-
social contributions
8 831
-
27 985
-
health
3 179
-
10 075
-
total
12 010
-
38 060
-
Corporate
102 668
150 000
-
-
income
19 507
28 500
-
-
total
19 507
28 500
-
-
Dividends
83 161
121 500
-
-
withholding
12 474
18 225
-
-
total
12 474
18 225
-
-
Income
150 000
150 000
150 000
150 000
Total tax
55 294
46 725
73 881
69 090
After tax
94 706
103 275
76 119
80 910
Living cost
24 019
24 019
24 019
24 019
Free-cash
70 687
79 256
52 100
56 891

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽37648
₽32403
₽30879
₽23942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
municipal
-
-
-
892
regional
-
-
-
1 743
national
-
-
-
35 524
social contributions
-
-
-
38 579
total
-
-
-
76 738
Employee
89 267
-
150 000
-
social contributions
30 101
-
50 580
-
regional
842
-
1 536
-
municipal
473
-
795
-
national
15 468
-
30 764
-
total
46 884
-
83 675
-
Employer
89 267
-
150 000
-
total
-
-
-
-
Corporate
60 733
150 000
-
-
nationa
14 576
36 000
-
-
municipal
2 369
5 850
-
-
total
16 945
41 850
-
-
Dividends
43 788
108 150
-
-
withholding
11 385
28 119
-
-
total
11 385
28 119
-
-
Income
150 000
150 000
150 000
150 000
Total tax
75 214
69 969
83 675
76 738
After tax
74 786
80 031
66 325
73 262
Living cost
42 383
42 383
42 383
42 383
Free-cash
32 403
37 648
23 942
30 879

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽72186
₽69058
₽49017
₽44469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
36 944
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 318
total
-
-
-
78 819
Employee
33 216
-
123 915
-
other
-
-
-
-
health
848
-
3 160
-
surtax
109
-
4 599
-
income
5 568
-
32 634
-
pensions
2 215
-
8 265
-
unemployment
2 312
-
8 625
-
total
11 052
-
57 283
-
Employer
33 216
-
123 915
-
other
-
-
-
-
unemployment
1 052
-
3 928
-
pensions
4 428
-
16 518
-
health
1 512
-
5 638
-
total
6 992
-
26 084
-
Corporate
109 793
150 000
-
-
income
28 546
39 000
-
-
total
28 546
39 000
-
-
Dividends
81 247
111 000
-
-
withholding
12 188
16 650
-
-
total
12 188
16 650
-
-
Income
150 000
150 000
150 000
150 000
Total tax
58 778
55 650
83 367
78 819
After tax
91 222
94 350
66 633
71 181
Living cost
22 164
22 164
22 164
22 164
Free-cash
69 058
72 186
44 469
49 017

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽55229
₽58651
₽55636
₽41909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
40 030
pensions
-
-
-
8 492
total
-
-
-
48 522
Employee
63 626
-
131 280
-
health
924
-
2 007
-
income
11 459
-
30 880
-
pensions
5 400
-
10 642
-
total
17 783
-
43 529
-
Employer
63 626
-
131 280
-
pensions
6 887
-
16 225
-
health
1 209
-
2 495
-
total
8 096
-
18 720
-
Corporate
78 278
150 000
-
-
income

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

14 873
28 500
-
-
total
14 873
28 500
-
-
Dividends
63 405
121 500
-
-
withholding
4 755
20 429
-
-
total
4 755
20 429
-
-
Income
150 000
150 000
150 000
150 000
Total tax
45 507
48 929
62 249
48 522
After tax
104 493
101 071
87 751
101 478
Living cost
45 842
45 842
45 842
45 842
Free-cash
58 651
55 229
41 909
55 636

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽7800
₽24889
₽46264
₽38976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
city
-
-
-
1 581
pensions
-
-
-
13 799
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.

-
-
-
3 000
regional
-
-
-
6 757
health
-
-
-
337
national
-
-
-
1 872
total
-
-
-
27 346
Employee
89 396
-
134 257
-
city
959
-
1 442
-
regional
2 927
-
5 823
-
health
202
-
302
-
pensions
7 510
-
11 277
-
unemployment
-
-
-
-
national
423
-
1 525
-
total
12 021
-
20 369
-
Employer
89 396
-
134 257
-
other

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

1 787
-
2 686
-
unemployment
-
-
-
-
pensions
7 510
-
11 277
-
health
202
-
302
-
total
9 499
-
14 265
-
Corporate
50 121
150 000
-
-
regional
10 601
31 725
-
-
national
4 259
12 751
-
-
total
14 860
44 476
-
-
Dividends
35 261
105 524
-
-
withholding
12 341
36 934
-
-
total
12 341
36 934
-
-
Income
150 000
150 000
150 000
150 000
Total tax
48 721
81 410
34 634
27 346
After tax
101 279
68 590
115 366
122 654
Living cost
76 390
76 390
76 390
76 390
Free-cash
24 889
-7 800
38 976
46 264

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₽28142
₽44430
₽33643
₽51358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
trade
-
-
-
17 715
income

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

-
-
-
43 381
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 386
total
-
-
-
70 344
Employee

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

60 364
-
150 000
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
2 386
-
income

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

7 098
-
43 381
-
total
14 351
-
52 629
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 636
150 000
-
-
surtax

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

740
1 237
-
-
income
13 446
22 499
-
-
trade
15 373
25 725
-
-
chamber of commerce
278
364
-
-
total
29 837
49 825
-
-
Dividends
59 800
100 175
-
-
surtax

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

801
1 357
-
-
withholding
14 568
24 663
-
-
total
15 369
26 020
-
-
Income
150 000
150 000
150 000
150 000
Total tax
59 557
75 845
52 629
70 344
After tax
90 443
74 155
97 371
79 656
Living cost
46 013
46 013
46 013
46 013
Free-cash
44 430
28 142
51 358
33 643

Estimated living cost  is ₽46013 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽41232
₽47167
₽50600
₽51080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
21 294
pensions
-
-
-
29 312
other
-
-
-
4 651
health
-
-
-
5 503
surtax
-
-
-
-
social contributions
-
-
-
4 275
total
-
-
-
65 035
Employee
42 988
-
117 734
-
social contributions
1 226
-
3 353
-
surtax
-
-
-
-
income
2 537
-
21 433
-
pensions
4 861
-
7 502
-
total
8 624
-
32 288
-
Employer
42 988
-
117 734
-
other
1 483
-
4 303
-
social contributions
130
-
353
-
unemployment
1 740
-
4 769
-
pensions
7 062
-
12 756
-
health
3 010
-
10 086
-
total
13 425
-
32 267
-
Corporate
93 588
150 000
-
-
surtax
-
-
-
-
income
26 205
42 001
-
-
total
26 205
42 001
-
-
Dividends
67 383
107 999
-
-
surtax
-
-
-
-
social contributions
11 589
18 577
-
-
withholding
8 625
13 825
-
-
total
20 214
32 402
-
-
Income
150 000
150 000
150 000
150 000
Total tax
68 468
74 403
64 555
65 035
After tax
81 532
75 597
85 445
84 965
Living cost
34 365
34 365
34 365
34 365
Free-cash
47 167
41 232
51 080
50 600

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽44637
₽50221
₽54005
₽54485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
21 294
pensions
-
-
-
29 312
other
-
-
-
4 651
health
-
-
-
5 503
surtax
-
-
-
-
social contributions
-
-
-
4 275
total
-
-
-
65 035
Employee
38 373
-
117 734
-
social contributions
1 094
-
3 353
-
surtax
-
-
-
-
income
1 979
-
21 433
-
pensions
4 340
-
7 502
-
total
7 413
-
32 288
-
Employer
38 373
-
117 734
-
other
1 325
-
4 303
-
social contributions
114
-
353
-
unemployment
1 553
-
4 769
-
pensions
6 305
-
12 756
-
health
2 686
-
10 086
-
total
11 983
-
32 267
-
Corporate
99 644
150 000
-
-
surtax
-
-
-
-
income
27 899
42 001
-
-
total
27 899
42 001
-
-
Dividends
71 744
107 999
-
-
surtax
-
-
-
-
social contributions
12 340
18 577
-
-
withholding
9 184
13 825
-
-
total
21 524
32 402
-
-
Income
150 000
150 000
150 000
150 000
Total tax
68 819
74 403
64 555
65 035
After tax
81 181
75 597
85 445
84 965
Living cost
30 960
30 960
30 960
30 960
Free-cash
50 221
44 637
54 485
54 005

Estimated living cost  is ₽30960 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽70215
₽70736
₽75032
₽72729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
22 499
health
-
-
-
10 470
social contributions
-
-
-
20 700
total
-
-
-
53 669
Employee
34 056
-
150 000
-
social contributions
4 700
-
20 700
-
health
2 377
-
10 470
-
income
5 680
-
24 802
-
total
12 757
-
55 972
-
Employer
34 056
-
150 000
-
total
-
-
-
-
Corporate
115 944
150 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

5 796
7 500
-
-
total
5 796
7 500
-
-
Dividends
110 148
142 500
-
-
health
7 689
9 946
-
-
social contributions
15 201
19 665
-
-
withholding
16 522
21 375
-
-
total
39 412
50 986
-
-
Income
150 000
150 000
150 000
150 000
Total tax
57 965
58 486
55 972
53 669
After tax
92 035
91 514
94 028
96 331
Living cost
21 299
21 299
21 299
21 299
Free-cash
70 736
70 215
72 729
75 032

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽47859
₽46304
₽41450
₽3737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
chamber of commerce
-
-
-
600
income
-
-
-
35 516
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
73 158
Employee
50 197
40 028
116 323
-
other
501
400
1 163
-
health
1 942
1 550
4 502
-
income
5 714
2 953
28 000
-
pensions
5 141
4 098
11 911
-
unemployment
1 506
1 201
3 490
-
total
14 804
10 202
49 066
-
Employer
50 197
40 028
116 323
-
accident
652
520
1 512
-
other
2 385
1 900
5 526
-
chamber of commerce
200
160
465
-
unemployment
1 506
1 201
3 490
-
surtax
198
198
198
-
pensions
6 300
5 024
14 599
-
payroll
1 506
1 201
3 490
-
health
1 897
1 513
4 397
-
total
14 644
11 717
33 677
-
Corporate
85 161
98 254
112 511
-
income

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

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

21 291
24 564
28 128
-
total
21 291
24 564
28 128
-
Dividends
63 870
73 690
-
-
withholding
17 565
20 266
-
-
total
17 565
20 266
-
-
Income
150 000
150 000
150 000
150 000
Total tax
68 304
66 749
110 871
73 158
After tax
81 696
83 251
39 129
76 842
Living cost
35 392
35 392
35 392
35 392
Free-cash
46 304
47 859
3 737
41 450

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽47324
₽32258
₽28937
₽17691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
national
-
-
-
53 401
communal

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

-
-
-
7 594
social contributions
-
-
-
23 445
total
-
-
-
84 440
Employee

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

71 847
-
116 180
-
communal

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

3 747
-
6 059
-
health

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

3 376
-
5 461
-
pensions

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

5 389
-
8 713
-
unemployment

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

625
-
1 010
-
national
22 089
-
40 623
-
total
35 226
-
61 866
-
Employer

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

71 847
-
116 180
-
accident

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

934
-
1 512
-
unemployment

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

1 048
-
1 696
-
surtax
8 147
-
13 175
-
pensions

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

6 366
-
10 293
-
health

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

4 418
-
7 144
-
total
20 913
-
33 820
-
Corporate
57 239
150 000
-
-
surtax
229
600
-
-
income
11 448
30 000
-
-
total
11 677
30 600
-
-
Dividends
45 562
119 400
-
-
withholding

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

13 303
35 453
-
-
total
13 303
35 453
-
-
Income
150 000
150 000
150 000
150 000
Total tax
81 119
66 053
95 686
84 440
After tax
68 881
83 947
54 314
65 560
Living cost
36 623
36 623
36 623
36 623
Free-cash
32 258
47 324
17 691
28 937

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽64037
₽56678
₽48207
₽43994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
accident
-
-
-
839
income
-
-
-
37 589
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 519
Employee
49 998
-
120 320
-
other
50
-
93
-
income
10 549
-
34 141
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
40 053
-
Employer
49 998
-
120 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 750
-
5 120
-
pensions
11 799
-
21 971
-
total
15 936
-
29 679
-
Corporate
84 065
150 000
-
-
income

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

12 611
22 499
-
-
total
12 611
22 499
-
-
Dividends
71 455
127 501
-
-
withholding
14 776
27 190
-
-
total
14 776
27 190
-
-
Income
150 000
150 000
150 000
150 000
Total tax
57 048
49 689
69 732
65 519
After tax
92 952
100 311
80 268
84 481
Living cost
36 274
36 274
36 274
36 274
Free-cash
56 678
64 037
43 994
48 207

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽34661
₽23209
₽22591
₽28569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
accident
-
-
-
1 264
income
-
-
-
21 622
pensions
-
-
-
22 482
health
-
-
-
10 539
surtax
-
-
-
7 436
communal
-
-
-
9 481
total
-
-
-
72 824
Employee
76 064
-
133 987
-
health
3 385
-
5 962
-
surtax
4 662
-
8 211
-
income
7 347
-
25 939
-
pensions
6 084
-
10 720
-
total
21 478
-
50 832
-
Employer
76 064
-
133 987
-
accident
684
-
1 207
-
pensions
6 084
-
10 720
-
health
2 320
-
4 087
-
total
9 088
-
16 014
-
Corporate
64 847
150 000
-
-
surtax
680
1 574
-
-
communal
4 376
10 125
-
-
income
9 727
22 499
-
-
total
14 783
34 198
-
-
Dividends
50 064
115 801
-
-
income
19 347
9 186
-
-
withholding
7 510
17 370
-
-
total
26 857
26 556
-
-
Income
150 000
150 000
150 000
150 000
Total tax
72 206
60 754
66 846
72 824
After tax
77 794
89 246
83 154
77 176
Living cost
54 585
54 585
54 585
54 585
Free-cash
23 209
34 661
28 569
22 591

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽71789
₽68594
₽48620
₽44072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
36 944
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 318
total
-
-
-
78 819
Employee
33 826
-
123 915
-
other
-
-
-
-
health
863
-
3 160
-
surtax
120
-
4 599
-
income
5 671
-
32 634
-
pensions
2 257
-
8 265
-
unemployment
2 354
-
8 625
-
total
11 265
-
57 283
-
Employer
33 826
-
123 915
-
other
-
-
-
-
unemployment
1 073
-
3 928
-
pensions
4 510
-
16 518
-
health
1 538
-
5 638
-
total
7 121
-
26 084
-
Corporate
109 053
150 000
-
-
income
28 353
39 000
-
-
total
28 353
39 000
-
-
Dividends
80 700
111 000
-
-
withholding
12 106
16 650
-
-
total
12 106
16 650
-
-
Income
150 000
150 000
150 000
150 000
Total tax
58 845
55 650
83 367
78 819
After tax
91 155
94 350
66 633
71 181
Living cost
22 561
22 561
22 561
22 561
Free-cash
68 594
71 789
44 072
48 620

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽51787
₽49559
₽45686
₽38787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
municipal
-
-
-
892
regional
-
-
-
2 262
national
-
-
-
35 524
social contributions
-
-
-
38 579
total
-
-
-
77 257
Employee
55 717
-
150 000
-
social contributions
18 788
-
50 580
-
regional
750
-
2 017
-
municipal
295
-
795
-
national
8 827
-
30 764
-
total
28 660
-
84 156
-
Employer
55 717
-
150 000
-
total
-
-
-
-
Corporate
94 283
150 000
-
-
nationa
22 627
36 000
-
-
municipal
4 685
7 455
-
-
total
27 312
43 455
-
-
Dividends
66 971
106 545
-
-
withholding
17 412
27 701
-
-
total
17 412
27 701
-
-
Income
150 000
150 000
150 000
150 000
Total tax
73 384
71 156
84 156
77 257
After tax
76 616
78 844
65 844
72 743
Living cost
27 057
27 057
27 057
27 057
Free-cash
49 559
51 787
38 787
45 686

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽73677
₽63118
₽51312
₽46521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
14 278
health
-
-
-
20 250
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
69 090
Employee
43 526
-
111 940
-
social contributions
2 829
-
7 276
-
health
5 876
-
15 112
-
solidarity contribution
-
-
-
-
income
5 223
-
13 433
-
total
13 928
-
35 821
-
Employer
43 526
-
111 940
-
social contributions
10 882
-
27 985
-
health
3 917
-
10 075
-
total
14 799
-
38 060
-
Corporate
91 675
150 000
-
-
income
17 418
28 500
-
-
total
17 418
28 500
-
-
Dividends
74 257
121 500
-
-
withholding
11 139
18 225
-
-
total
11 139
18 225
-
-
Income
150 000
150 000
150 000
150 000
Total tax
57 284
46 725
73 881
69 090
After tax
92 716
103 275
76 119
80 910
Living cost
29 598
29 598
29 598
29 598
Free-cash
63 118
73 677
46 521
51 312

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽51315
₽50819
₽44995
₽7120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
chamber of commerce
-
-
-
600
income
-
-
-
35 516
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
72 960
Employee
43 906
40 028
116 481
-
other
438
400
1 165
-
health
1 698
1 550
4 508
-
income
3 911
2 953
28 054
-
pensions
4 496
4 098
11 928
-
unemployment
1 317
1 201
3 494
-
total
11 860
10 202
49 149
-
Employer
43 906
40 028
116 481
-
accident
570
520
1 513
-
other
2 085
1 900
5 531
-
chamber of commerce
175
160
465
-
unemployment
1 317
1 201
3 494
-
surtax
-
-
-
-
pensions
5 511
5 024
14 618
-
payroll
1 317
1 201
3 494
-
health
1 660
1 513
4 403
-
total
12 635
11 519
33 518
-
Corporate
93 458
98 452
112 669
-
income

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

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

23 365
24 613
28 168
-
total
23 365
24 613
28 168
-
Dividends
70 093
73 838
-
-
withholding
19 276
20 306
-
-
total
19 276
20 306
-
-
Income
150 000
150 000
150 000
150 000
Total tax
67 136
66 640
110 835
72 960
After tax
82 864
83 360
39 165
77 040
Living cost
32 045
32 045
32 045
32 045
Free-cash
50 819
51 315
7 120
44 995

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽128319
₽125660
₽134319
₽105819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
150 000
microenterprise

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

-
-
-
1 500
total
-
-
-
1 500
Employee
17 726
-
150 000
-
income
3 545
-
30 000
-
total
3 545
-
30 000
-
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%.

132 274
150 000
-
-
total
-
-
-
-
Dividends
132 274
150 000
-
-
withholding
6 614
7 500
-
-
total
6 614
7 500
-
-
Income
150 000
150 000
150 000
150 000
Total tax
10 159
7 500
30 000
1 500
After tax
139 841
142 500
120 000
148 500
Living cost
14 181
14 181
14 181
14 181
Free-cash
125 660
128 319
105 819
134 319

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽76335
₽67933
₽47685
₽43713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
income
-
-
-
32 994
pensions
-
-
-
27 394
unemployment
-
-
-
225
health
-
-
-
14 761
total
-
-
-
75 374
Employee

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

44 416
-
129 792
-
health
2 869
-
8 385
-
income
7 659
-
30 455
-
pensions
6 885
-
20 117
-
unemployment
63
-
181
-
total
17 476
-
59 138
-
Employer

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

44 416
-
129 792
-
unemployment
27
-
78
-
pensions
3 930
-
11 486
-
health
2 958
-
8 644
-
total
6 915
-
20 208
-
Corporate
98 669
150 000
-
-
income
18 746
28 500
-
-
total
18 746
28 500
-
-
Dividends
79 922
121 500
-
-
withholding
11 989
18 224
-
-
total
11 989
18 224
-
-
Income
150 000
150 000
150 000
150 000
Total tax
55 126
46 724
79 346
75 374
After tax
94 874
103 276
70 654
74 626
Living cost
26 941
26 941
26 941
26 941
Free-cash
67 933
76 335
43 713
47 685

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽47698
-₽533
₽60100
₽93156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
29 238
social contributions
-
-
-
17 100
total
-
-
-
46 338
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
150 000
-
-
income
-
33 000
-
-
total
-
33 000
-
-
Dividends
-
117 000
-
-
income
-
25 740
-
-
total
-
25 740
-
-
Income
150 000
150 000
150 000
150 000
Total tax
106 971
58 740
13 282
46 338
After tax
43 029
91 260
136 718
103 662
Living cost
43 562
43 562
43 562
43 562
Free-cash
-533
47 698
93 156
60 100

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽53815
₽52803
₽49763
₽39180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
income
-
-
-
16 605
surtax
-
-
-
-
social contributions

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

-
-
-
52 126
total
-
-
-
68 731
Employee
46 196
-
121 212
-
social contributions
5 082
-
13 333
-
surtax
-
-
-
-
income
9 609
-
37 193
-
total
14 691
-
50 526
-
Employer
46 196
-
121 212
-
social contributions
10 971
-
28 788
-
total
10 971
-
28 788
-
Corporate
92 833
150 000
-
-
surtax
-
-
-
-
income
19 495
31 500
-
-
total
19 495
31 500
-
-
Dividends
73 337
118 500
-
-
withholding
20 534
33 179
-
-
total
20 534
33 179
-
-
Income
150 000
150 000
150 000
150 000
Total tax
65 691
64 679
79 314
68 731
After tax
84 309
85 321
70 686
81 269
Living cost
31 506
31 506
31 506
31 506
Free-cash
52 803
53 815
39 180
49 763

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽27085
₽33992
₽36453
₽36933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
21 294
pensions
-
-
-
29 312
other
-
-
-
4 651
health
-
-
-
5 503
surtax
-
-
-
-
social contributions
-
-
-
4 275
total
-
-
-
65 035
Employee
62 909
-
117 734
-
social contributions
1 792
-
3 353
-
surtax
-
-
-
-
income
5 489
-
21 433
-
pensions
7 115
-
7 502
-
total
14 396
-
32 288
-
Employer
62 909
-
117 734
-
other
2 171
-
4 303
-
social contributions
189
-
353
-
unemployment
2 548
-
4 769
-
pensions
10 337
-
12 756
-
health
4 403
-
10 086
-
total
19 648
-
32 267
-
Corporate
67 443
150 000
-
-
surtax
-
-
-
-
income
18 884
42 001
-
-
total
18 884
42 001
-
-
Dividends
48 559
107 999
-
-
surtax
-
-
-
-
social contributions
8 352
18 577
-
-
withholding
6 216
13 825
-
-
total
14 568
32 402
-
-
Income
150 000
150 000
150 000
150 000
Total tax
67 496
74 403
64 555
65 035
After tax
82 504
75 597
85 445
84 965
Living cost
48 512
48 512
48 512
48 512
Free-cash
33 992
27 085
36 933
36 453

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽104806
₽101432
₽81207
₽85193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
5 600
social contributions
-
-
-
33 000
total
-
-
-
38 600
Employee
32 291
-
129 872
-
income
-
-
6 044
-
social contributions
2 099
-
8 442
-
total
2 099
-
14 486
-
Employer
32 291
-
129 872
-
social contributions
5 005
-
20 128
-
total
5 005
-
20 128
-
Corporate
112 703
150 000
-
-
income
11 271
15 001
-
-
total
11 271
15 001
-
-
Dividends
101 433
134 999
-
-
total
-
-
-
-
Income
150 000
150 000
150 000
150 000
Total tax
18 375
15 001
34 614
38 600
After tax
131 625
134 999
115 386
111 400
Living cost
30 193
30 193
30 193
30 193
Free-cash
101 432
104 806
85 193
81 207

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽68840
-₽68840
₽41650
-₽68840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
municipal
-
-
-
30 446
pensions
-
-
-
871
national
-
-
-
16 730
labour market
-
-
-
11 930
total
-
-
-
59 977
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
150 000
150 000
150 000
150 000
Total tax
170 467
170 467
170 467
59 977
After tax
-20 467
-20 467
-20 467
90 023
Living cost
48 373
48 373
48 373
48 373
Free-cash
-68 840
-68 840
-68 840
41 650

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽9570
₽8821
₽80917
₽58826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
accident
-
-
-
253
income
-
-
-
40 385
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 363
Employee
34 167
-
133 462
-
health
3 912
-
15 281
-
income
4 687
-
29 989
-
pensions
3 847
-
7 645
-
total
12 446
-
52 915
-
Employer
34 167
-
133 462
-
accident
571
-
2 229
-
unemployment
837
-
3 270
-
pensions
5 555
-
11 040
-
total
6 963
-
16 539
-
Corporate
108 870
150 000
-
-
income

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

97 982
135 000
-
-
total
97 982
135 000
-
-
Dividends
10 887
15 000
-
-
withholding
2 068
2 850
-
-
total
2 068
2 850
-
-
Income
150 000
150 000
150 000
150 000
Total tax
119 459
137 850
69 454
47 363
After tax
30 541
12 150
80 546
102 637
Living cost
21 720
21 720
21 720
21 720
Free-cash
8 821
-9 570
58 826
80 917

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽57102
₽58981
₽62098
₽41836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
150 000
municipal
-
-
-
26 660
health
-
-
-
1 891
national
-
-
-
20 788
total
-
-
-
49 339
Employee
52 845
-
126 189
-
health
395
-
1 525
-
municipal
8 656
-
20 565
-
pensions
3 566
-
8 518
-
unemployment
793
-
1 893
-
national
873
-
13 289
-
total
14 283
-
45 790
-
Employer
52 845
-
126 189
-
accident
53
-
126
-
unemployment
343
-
820
-
pensions
9 168
-
21 893
-
health
406
-
972
-
total
9 970
-
23 811
-
Corporate
87 184
150 000
-
-
income
17 437
30 000
-
-
total
17 437
30 000
-
-
Dividends

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

52 311
90 000
-
-
national
1 350
8 135
-
-
municipal
9 416
16 200
-
-
total
10 766
24 335
-
-
Income
150 000
150 000
150 000
150 000
Total tax
52 456
54 335
69 601
49 339
After tax
97 544
95 665
80 399
100 661
Living cost
38 563
38 563
38 563
38 563
Free-cash
58 981
57 102
41 836
62 098

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽86258
₽80792
₽80617
₽79225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
26 051
health
-
-
-
3 826
social contributions
-
-
-
16 251
total
-
-
-
46 128
Employee
77 236
77 236
138 786
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 360
-
income
8 410
7 150
25 300
-
total
11 929
14 873
36 306
-
Employer
77 236
77 236
138 786
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 568
-
total
3 570
7 840
11 214
-
Corporate
111 246
64 925
-
-
income
13 905
8 116
-
-
total
13 905
8 116
-
-
Dividends
97 341
56 809
-
-
withholding
16 549
9 658
-
-
total
16 549
9 658
-
-
Income
150 000
150 000
150 000
150 000
Total tax
45 953
40 487
47 520
46 128
After tax
104 047
109 513
102 480
103 872
Living cost
23 255
23 255
23 255
23 255
Free-cash
80 792
86 258
79 225
80 617

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽108267
₽103158
₽108961
₽88812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
150 000
income
-
-
-
15 039
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
25 092
Employee

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

23 055
-
140 184
-
health
1 959
-
8 101
-
income
1 576
-
12 550
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
35 424
-
Employer

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

23 055
-
140 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
124 572
150 000
-
-
income
11 212
13 501
-
-
total
11 212
13 501
-
-
Dividends
113 360
136 499
-
-
withholding
10 203
12 285
-
-
total
10 203
12 285
-
-
Income
150 000
150 000
150 000
150 000
Total tax
30 895
25 786
45 241
25 092
After tax
119 105
124 214
104 759
124 908
Living cost
15 947
15 947
15 947
15 947
Free-cash
103 158
108 267
88 812
108 961

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽72690
₽68065
₽56860
₽52647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
accident
-
-
-
839
income
-
-
-
37 589
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 519
Employee
37 140
-
120 320
-
other
36
-
93
-
income
7 160
-
34 141
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
40 053
-
Employer
37 140
-
120 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 971
-
total
11 840
-
29 679
-
Corporate
101 020
150 000
-
-
income

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

15 153
22 499
-
-
total
15 153
22 499
-
-
Dividends
85 866
127 501
-
-
withholding
17 803
27 190
-
-
total
17 803
27 190
-
-
Income
150 000
150 000
150 000
150 000
Total tax
54 314
49 689
69 732
65 519
After tax
95 686
100 311
80 268
84 481
Living cost
27 621
27 621
27 621
27 621
Free-cash
68 065
72 690
52 647
56 860

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽90849
₽90396
₽93133
₽92937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
50 654
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
54 116
Employee
4 190
-
147 743
-
health
210
-
502
-
income
811
-
50 549
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
52 054
-
Employer
4 190
-
147 743
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
144 867
150 000
-
-
income
31 871
33 000
-
-
total
31 871
33 000
-
-
Dividends
112 996
117 000
-
-
withholding
22 599
23 400
-
-
total
22 599
23 400
-
-
Income
150 000
150 000
150 000
150 000
Total tax
56 853
56 400
54 312
54 116
After tax
93 147
93 600
95 688
95 884
Living cost
2 751
2 751
2 751
2 751
Free-cash
90 396
90 849
92 937
93 133

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽91005
₽86064
₽71268
₽71267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
income
-
-
-
33 304
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
61 362
Employee

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

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

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

26 193
-
136 713
-
health
1 349
-
3 823
-
income
3 610
-
33 304
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
48 076
-
Employer

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

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

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

26 193
-
136 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
119 119
150 000
-
-
income
17 868
22 500
-
-
total
17 868
22 500
-
-
Dividends
101 251
127 500
-
-
withholding
15 188
19 125
-
-
total
15 188
19 125
-
-
Income
150 000
150 000
150 000
150 000
Total tax
46 566
41 625
61 363
61 362
After tax
103 434
108 375
88 637
88 638
Living cost
17 370
17 370
17 370
17 370
Free-cash
86 064
91 005
71 267
71 268

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽58242
₽57879
₽54190
₽43607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
income
-
-
-
16 605
surtax
-
-
-
-
social contributions

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

-
-
-
52 126
total
-
-
-
68 731
Employee
38 984
-
121 212
-
social contributions
4 289
-
13 333
-
surtax
-
-
-
-
income
7 617
-
37 193
-
total
11 906
-
50 526
-
Employer
38 984
-
121 212
-
social contributions
9 258
-
28 788
-
total
9 258
-
28 788
-
Corporate
101 758
150 000
-
-
surtax
-
-
-
-
income
21 369
31 500
-
-
total
21 369
31 500
-
-
Dividends
80 389
118 500
-
-
withholding
22 509
33 179
-
-
total
22 509
33 179
-
-
Income
150 000
150 000
150 000
150 000
Total tax
65 042
64 679
79 314
68 731
After tax
84 958
85 321
70 686
81 269
Living cost
27 079
27 079
27 079
27 079
Free-cash
57 879
58 242
43 607
54 190

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽65011
₽57991
₽49181
₽44968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
accident
-
-
-
839
income
-
-
-
37 589
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 519
Employee
48 509
-
120 320
-
other
48
-
93
-
income
10 132
-
34 141
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
40 053
-
Employer
48 509
-
120 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 971
-
total
15 467
-
29 679
-
Corporate
86 025
150 000
-
-
income

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

12 904
22 499
-
-
total
12 904
22 499
-
-
Dividends
73 121
127 501
-
-
withholding
15 127
27 190
-
-
total
15 127
27 190
-
-
Income
150 000
150 000
150 000
150 000
Total tax
56 709
49 689
69 732
65 519
After tax
93 291
100 311
80 268
84 481
Living cost
35 300
35 300
35 300
35 300
Free-cash
57 991
65 011
44 968
49 181

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽110974
₽104856
₽100858
₽106449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
22 500
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 866
Employee
22 876
-
143 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 312
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 392
-
Employer
22 876
-
143 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
122 635
150 000
-
-
income
12 263
15 000
-
-
total
12 263
15 000
-
-
Dividends
110 372
135 000
-
-
withholding
5 518
6 750
-
-
total
5 518
6 750
-
-
Income
150 000
150 000
150 000
150 000
Total tax
27 868
21 750
26 275
31 866
After tax
122 132
128 250
123 725
118 134
Living cost
17 276
17 276
17 276
17 276
Free-cash
104 856
110 974
106 449
100 858

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽38466
₽51603
₽43769
₽58593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
trade
-
-
-
14 824
income

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

-
-
-
43 381
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 386
total
-
-
-
67 453
Employee

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

49 976
-
150 000
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
2 386
-
income

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

4 110
-
43 381
-
total
11 199
-
52 629
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 024
150 000
-
-
surtax

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

825
1 237
-
-
income
15 003
22 499
-
-
trade
14 353
21 525
-
-
chamber of commerce
299
372
-
-
total
30 480
45 633
-
-
Dividends
69 543
104 366
-
-
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.

936
1 414
-
-
withholding
17 004
25 709
-
-
total
17 940
27 123
-
-
Income
150 000
150 000
150 000
150 000
Total tax
59 619
72 756
52 629
67 453
After tax
90 381
77 244
97 371
82 547
Living cost
38 778
38 778
38 778
38 778
Free-cash
51 603
38 466
58 593
43 769

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽47782
₽50002
₽24982
₽24982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
43 398
social contributions
-
-
-
24 403
total
-
-
-
67 801
Employee
78 569
-
150 000
-
income
14 826
-
43 398
-
social contributions
6 527
-
24 403
-
total
21 353
-
67 801
-
Employer
78 569
-
150 000
-
total
-
-
-
-
Corporate
71 431
150 000
-
-
income
8 928
18 750
-
-
total
8 928
18 750
-
-
Dividends
62 503
131 250
-
-
withholding
12 500
26 251
-
-
total
12 500
26 251
-
-
Income
150 000
150 000
150 000
150 000
Total tax
42 781
45 001
67 801
67 801
After tax
107 219
104 999
82 199
82 199
Living cost
57 217
57 217
57 217
57 217
Free-cash
50 002
47 782
24 982
24 982

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽55733
₽59240
₽78218
₽71835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
145 380
-
income
5 000
-
32 464
-
social contributions
4 617
-
4 620
-
total
9 617
-
37 084
-
Employer
46 077
-
145 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
99 306
150 000
-
-
income
34 758
52 499
-
-
total
34 758
52 499
-
-
Dividends
64 549
97 501
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
150 000
150 000
150 000
150 000
Total tax
54 299
57 806
41 704
35 321
After tax
95 701
92 194
108 296
114 679
Living cost
36 461
36 461
36 461
36 461
Free-cash
59 240
55 733
71 835
78 218

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽63803
₽69460
₽64210
₽50483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
income
-
-
-
40 030
pensions
-
-
-
8 492
total
-
-
-
48 522
Employee
51 156
-
131 280
-
health
667
-
2 007
-
income
9 316
-
30 880
-
pensions
3 904
-
10 642
-
total
13 887
-
43 529
-
Employer
51 156
-
131 280
-
pensions
5 168
-
16 225
-
health
972
-
2 495
-
total
6 140
-
18 720
-
Corporate
92 704
150 000
-
-
income

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

17 613
28 500
-
-
total
17 613
28 500
-
-
Dividends
75 090
121 500
-
-
withholding
5 632
20 429
-
-
total
5 632
20 429
-
-
Income
150 000
150 000
150 000
150 000
Total tax
43 272
48 929
62 249
48 522
After tax
106 728
101 071
87 751
101 478
Living cost
37 268
37 268
37 268
37 268
Free-cash
69 460
63 803
50 483
64 210

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11721
₽8489
₽78766
₽56675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
accident
-
-
-
253
income
-
-
-
40 385
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 363
Employee
37 549
-
133 462
-
health
4 299
-
15 281
-
income
5 151
-
29 989
-
pensions
4 228
-
7 645
-
total
13 678
-
52 915
-
Employer
37 549
-
133 462
-
accident
627
-
2 229
-
unemployment
920
-
3 270
-
pensions
6 105
-
11 040
-
total
7 652
-
16 539
-
Corporate
104 799
150 000
-
-
income

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

94 319
135 000
-
-
total
94 319
135 000
-
-
Dividends
10 480
15 000
-
-
withholding
1 991
2 850
-
-
total
1 991
2 850
-
-
Income
150 000
150 000
150 000
150 000
Total tax
117 640
137 850
69 454
47 363
After tax
32 360
12 150
80 546
102 637
Living cost
23 871
23 871
23 871
23 871
Free-cash
8 489
-11 721
56 675
78 766

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽112659
₽107959
₽70860
₽90024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 000
work injury
-
-
-
750
health insurance
-
-
-
11 100
income
-
-
-
24 324
pensions
-
-
-
27 600
unemployment
-
-
-
1 800
total
-
-
-
65 574
Employee

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

21 706
-
150 000
-
work injury
109
-
402
-
income
2 171
-
24 324
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
46 410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 294
150 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 283
1 500
-
-
total
1 283
1 500
-
-
Dividends
127 011
148 500
-
-
withholding
19 052
22 275
-
-
total
19 052
22 275
-
-
Income
150 000
150 000
150 000
150 000
Total tax
28 475
23 775
46 410
65 574
After tax
121 525
126 225
103 590
84 426
Living cost
13 566
13 566
13 566
13 566
Free-cash
107 959
112 659
90 024
70 860

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽38996
₽34426
₽31473
₽24768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 000
municipal
-
-
-
1 003
regional
-
-
-
3 407
national
-
-
-
35 524
social contributions
-
-
-
38 579
total
-
-
-
78 513
Employee
84 639
-
150 000
-
social contributions
28 540
-
50 580
-
regional
1 278
-
2 980
-
municipal
505
-
894
-
national
14 303
-
30 764
-
total
44 626
-
85 218
-
Employer
84 639
-
150 000
-
total
-
-
-
-
Corporate
65 361
150 000
-
-
nationa
15 687
36 000
-
-
municipal
3 151
7 230
-
-
total
18 838
43 230
-
-
Dividends
46 523
106 770
-
-
withholding
12 096
27 760
-
-
total
12 096
27 760
-
-
Income
150 000
150 000
150 000
150 000
Total tax
75 560
70 990
85 218
78 513
After tax
74 440
79 010
64 782
71 487
Living cost
40 014
40 014
40 014
40 014
Free-cash
34 426
38 996
24 768
31 473

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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