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
₽ 150500
per

Your estimated
City
free-cash

Dresden , Germany
₽68936
₽48634
₽51828
₽58600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
surtax

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

-
-
-
2 510
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.

-
-
-
6 154
trade
-
-
-
17 108
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.

-
-
-
45 614
total
-
-
-
71 386
Employee

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

34 456
-
150 500
-
health

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

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

6 154
-
6 154
-
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.

962
-
45 614
-
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.

53
-
2 510
-
total
7 169
-
54 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 044
150 500
-
-
trade
18 277
23 703
-
-
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.

957
1 241
-
-
chamber of commerce
304
354
-
-
income
17 407
22 575
-
-
total
36 945
47 873
-
-
Dividends
79 099
102 627
-
-
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.

1 068
1 392
-
-
withholding
19 432
25 315
-
-
total
20 500
26 707
-
-
Income
150 500
150 500
150 500
150 500
Total tax
64 614
74 580
54 278
71 386
After tax
85 886
75 920
96 222
79 114
Living cost
27 286
27 286
27 286
27 286
Free-cash
58 600
48 634
68 936
51 828

Estimated living cost  is ₽27286 per week

₽17164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42473
₽46137
₽41292
₽45343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
1 618
national
-
-
-
25 378
pensions
-
-
-
18 060
municipal
-
-
-
16 377
total
-
-
-
61 433
Employee
74 059
-
130 106
-
pensions
2 962
-
5 204
-
municipal
9 148
-
16 960
-
national
14 175
-
26 281
-
total
26 285
-
48 445
-
Employer
74 059
-
130 106
-
pensions
5 925
-
10 408
-
social contributions
796
-
1 399
-
total
6 721
-
11 807
-
Corporate
64 832
150 500
-
-
income

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

12 966
30 100
-
-
total
12 966
30 100
-
-
Dividends
51 865
120 400
-
-
withholding
11 410
26 488
-
-
total
11 410
26 488
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 382
56 588
60 252
61 433
After tax
93 118
93 912
90 248
89 067
Living cost
47 775
47 775
47 775
47 775
Free-cash
45 343
46 137
42 473
41 292

Estimated living cost  is ₽47775 per week

₽32472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽715
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43366
₽101658
₽32489
₽94267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
surtax
-
-
-
38 378
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.

-
-
-
34 516
income
-
-
-
26 375
microenterprise
-
-
-
-
total
-
-
-
99 269
Employee
26 324
-
112 285
-
income
4 686
-
22 084
-
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.

2 896
-
11 810
-
surtax
-
-
16 282
-
total
7 582
-
50 176
-
Employer
26 324
-
112 285
-
social contributions

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

6 341
-
25 864
-
surtax
-
-
12 352
-
total
6 341
-
38 216
-
Corporate
117 836
150 500
-
-
income

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

23 568
30 100
-
-
total
23 568
30 100
-
-
Dividends

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

94 268
120 400
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
37 491
30 100
88 392
99 269
After tax
113 009
120 400
62 108
51 231
Living cost
18 742
18 742
18 742
18 742
Free-cash
94 267
101 658
43 366
32 489

Estimated living cost  is ₽18742 per week

₽11957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55402
₽36652
₽45919
₽31135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
11 109
income
-
-
-
45 179
pensions
-
-
-
10 555
total
-
-
-
66 843
Employee
76 930
76 930
133 758
-
pensions
13 847
10 555
10 555
-
health
11 808
10 044
11 109
-
income

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

12 592
12 592
18 955
-
total
38 247
33 191
40 619
-
Employer
76 930
76 930
133 758
-
unemployment
2 769
2 769
3 441
-
health
5 347
5 347
6 645
-
pensions
5 354
5 354
6 655
-
total
13 470
13 470
16 741
-
Corporate
61 043
60 099
-
-
income
12 208
12 020
-
-
total
12 208
12 020
-
-
Dividends
48 835
48 079
-
-
income
10 377
10 216
-
-
withholding
7 325
7 213
-
-
total
17 702
17 429
-
-
Income
150 500
150 500
150 500
150 500
Total tax
81 627
76 110
57 360
66 843
After tax
68 873
74 390
93 140
83 657
Living cost
37 738
37 738
37 738
37 738
Free-cash
31 135
36 652
55 402
45 919

Estimated living cost  is ₽37738 per week

₽26744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40443
₽45531
₽41333
₽44710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
5 011
national
-
-
-
11 318
pensions
-
-
-
8 681
unemployment
-
-
-
80
accident
-
-
-
161
municipal
-
-
-
37 942
other
-
-
-
9 332
total
-
-
-
72 525
Employee
52 211
-
125 268
-
municipal
15 569
-
37 355
-
national
-
-
10 827
-
total
15 569
-
48 182
-
Employer
52 211
-
125 268
-
accident
104
-
161
-
unemployment
1 378
-
2 120
-
health
3 211
-
4 939
-
other
6 067
-
9 332
-
pensions
5 644
-
8 681
-
total
16 404
-
25 233
-
Corporate
81 884
150 500
-
-
income
18 014
33 110
-
-
total
18 014
33 110
-
-
Dividends
63 870
117 390
-
-
withholding
19 161
35 217
-
-
total
19 161
35 217
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 148
68 327
73 415
72 525
After tax
81 352
82 173
77 085
77 975
Living cost
36 642
36 642
36 642
36 642
Free-cash
44 710
45 531
40 443
41 333

Estimated living cost  is ₽36642 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60832
₽39756
₽42965
₽52413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
surtax

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

-
-
-
2 510
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.

-
-
-
6 154
trade
-
-
-
17 867
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.

-
-
-
45 614
total
-
-
-
72 145
Employee

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

45 685
-
150 500
-
health

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

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

6 154
-
6 154
-
income

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

3 925
-
45 614
-
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.

215
-
2 510
-
total
10 294
-
54 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 815
150 500
-
-
trade
17 243
24 758
-
-
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.

865
1 241
-
-
chamber of commerce
285
350
-
-
income
15 723
22 575
-
-
total
34 116
48 924
-
-
Dividends
70 700
101 576
-
-
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.

954
1 378
-
-
withholding
17 333
25 052
-
-
total
18 287
26 430
-
-
Income
150 500
150 500
150 500
150 500
Total tax
62 697
75 354
54 278
72 145
After tax
87 803
75 146
96 222
78 355
Living cost
35 390
35 390
35 390
35 390
Free-cash
52 413
39 756
60 832
42 965

Estimated living cost  is ₽35390 per week

₽23669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72710
₽80599
₽74058
₽76864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
14 576
health
-
-
-
3 838
income
-
-
-
28 809
total
-
-
-
47 223
Employee
69 272
69 272
140 152
-
health
689
1 178
2 383
-
income
7 274
6 413
28 085
-
social contributions
3 366
5 749
7 755
-
total
11 329
13 340
38 223
-
Employer
69 272
69 272
140 152
-
health
750
1 282
2 593
-
social contributions
3 366
5 749
7 755
-
total
4 116
7 031
10 348
-
Corporate
105 835
74 197
-
-
income
13 229
9 274
-
-
total
13 229
9 274
-
-
Dividends
92 606
64 922
-
-
withholding
15 743
11 037
-
-
total
15 743
11 037
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 417
40 682
48 571
47 223
After tax
106 083
109 818
101 929
103 277
Living cost
29 219
29 219
29 219
29 219
Free-cash
76 864
80 599
72 710
74 058

Estimated living cost  is ₽29219 per week

₽19974
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.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69440
₽66783
₽86453
₽67154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
10 535
income
-
-
-
18 399
pensions
-
-
-
15 050
unemployment
-
-
-
2 257
total
-
-
-
46 241
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.

25 703
10 229
125 941
-
pensions
2 570
1 023
12 594
-
health
1 799
716
8 816
-
income
3 142
1 251
15 396
-
unemployment
386
153
1 889
-
total
7 897
3 143
38 695
-
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.

25 703
10 229
125 941
-
pensions
5 012
1 995
24 559
-
total
5 012
1 995
24 559
-
Corporate
119 785
138 276
-
-
income
10 781
12 445
-
-
total
10 781
12 445
-
-
Dividends
109 004
125 831
-
-
withholding
20 711
23 908
-
-
social contributions
21 139
24 420
-
-
total
41 850
48 328
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 540
65 911
63 254
46 241
After tax
84 960
84 589
87 246
104 259
Living cost
17 806
17 806
17 806
17 806
Free-cash
67 154
66 783
69 440
86 453

Estimated living cost  is ₽17806 per week

₽12151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64988
₽98641
₽58907
₽93043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
19 566
income
-
-
-
20 168
pensions
-
-
-
30 100
total
-
-
-
69 834
Employee
25 556
-
112 481
-
pensions
511
-
2 250
-
income
2 877
-
21 686
-
unemployment
409
-
1 800
-
total
3 797
-
25 736
-
Employer
25 556
-
112 481
-
unemployment
205
-
899
-
health
3 322
-
14 622
-
pensions
5 112
-
22 496
-
total
8 639
-
38 017
-
Corporate
116 306
150 500
-
-
income
23 262
30 100
-
-
total
23 262
30 100
-
-
Dividends
93 044
120 400
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
35 698
30 100
63 753
69 834
After tax
114 802
120 400
86 747
80 666
Living cost
21 759
21 759
21 759
21 759
Free-cash
93 043
98 641
64 988
58 907

Estimated living cost  is ₽21759 per week

₽14924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and 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 Tallinn model

Close
Gdansk , Poland
₽61708
-₽7577
₽83142
₽9160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
1 960
income
-
-
-
41 332
pensions
-
-
-
3 739
accident
-
-
-
227
other
-
-
-
333
total
-
-
-
47 591
Employee
31 095
-
135 037
-
pensions
3 501
-
6 855
-
health
3 560
-
15 462
-
income
4 266
-
31 245
-
total
11 327
-
53 562
-
Employer
31 095
-
135 037
-
accident
519
-
2 255
-
unemployment
762
-
3 309
-
pensions
5 056
-
9 899
-
total
6 337
-
15 463
-
Corporate
113 068
150 500
-
-
income

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

101 761
135 450
-
-
total
101 761
135 450
-
-
Dividends
11 307
15 050
-
-
withholding
2 148
2 860
-
-
total
2 148
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
121 573
138 310
69 025
47 591
After tax
28 927
12 190
81 475
102 909
Living cost
19 767
19 767
19 767
19 767
Free-cash
9 160
-7 577
61 708
83 142

Estimated living cost  is ₽19767 per week

₽14488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112615
₽135190
₽141210
₽133731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
150 500
microenterprise

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

-
-
-
1 505
total
-
-
-
1 505
Employee
9 731
-
150 500
-
income
1 946
-
30 100
-
total
1 946
-
30 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

140 769
150 500
-
-
total
-
-
-
-
Dividends
140 769
150 500
-
-
withholding
7 038
7 525
-
-
total
7 038
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
8 984
7 525
30 100
1 505
After tax
141 516
142 975
120 400
148 995
Living cost
7 785
7 785
7 785
7 785
Free-cash
133 731
135 190
112 615
141 210

Estimated living cost  is ₽7785 per week

₽4824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61491
₽86569
₽58623
₽80483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
6 028
income
-
-
-
22 460
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.

-
-
-
32 878
other
-
-
-
6 507
total
-
-
-
67 873
Employee
32 709
-
120 208
-
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.

2 289
-
8 414
-
health
458
-
1 682
-
income
5 631
-
23 416
-
unemployment
327
-
1 202
-
total
8 705
-
34 714
-
Employer
32 709
-
120 208
-
accident
262
-
962
-
unemployment
327
-
1 202
-
health
458
-
1 682
-
other
1 636
-
6 011
-
pensions

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

5 561
-
20 434
-
total
8 244
-
30 291
-
Corporate
109 547
150 500
-
-
income
23 005
31 605
-
-
total
23 005
31 605
-
-
Dividends
86 542
118 895
-
-
withholding
6 059
8 322
-
-
total
6 059
8 322
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 013
39 927
65 005
67 873
After tax
104 487
110 573
85 495
82 627
Living cost
24 004
24 004
24 004
24 004
Free-cash
80 483
86 569
61 491
58 623

Estimated living cost  is ₽24004 per week

₽16960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26068
₽38771
₽39744
₽39505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
41 996
pensions
-
-
-
7 984
total
-
-
-
49 980
Employee
85 989
-
131 559
-
pensions
8 296
-
9 891
-
health
1 417
-
1 946
-
income
15 501
-
32 878
-
total
25 214
-
44 715
-
Employer
85 989
-
131 559
-
health
1 633
-
2 500
-
pensions
10 153
-
16 441
-
total
11 786
-
18 941
-
Corporate
52 725
150 500
-
-
income

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

10 017
28 595
-
-
total
10 017
28 595
-
-
Dividends
42 708
121 905
-
-
withholding
3 202
22 358
-
-
total
3 202
22 358
-
-
Income
150 500
150 500
150 500
150 500
Total tax
50 219
50 953
63 656
49 980
After tax
100 281
99 547
86 844
100 520
Living cost
60 776
60 776
60 776
60 776
Free-cash
39 505
38 771
26 068
39 744

Estimated living cost  is ₽60776 per week

₽45541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽92570
₽105577
₽88391
₽97393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
7 078
income
-
-
-
22 575
pensions

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

-
-
-
9 109
unemployment
-
-
-
246
total
-
-
-
39 008
Employee
30 589
-
138 425
-
pensions

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

2 686
-
5 404
-
accident

We are using the highest rate at 1.1%.

337
-
677
-
health
1 407
-
2 831
-
income
3 058
-
13 842
-
total
7 488
-
22 754
-
Employer
30 589
-
138 425
-
accident

We are using the highest rate at 1.1%.

337
-
677
-
unemployment
183
-
369
-
health
2 111
-
4 247
-
pensions

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

3 371
-
6 782
-
total
6 002
-
12 075
-
Corporate
113 909
150 500
-
-
income
11 391
15 049
-
-
total
11 391
15 049
-
-
Dividends
102 518
135 451
-
-
withholding
5 125
6 773
-
-
total
5 125
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
30 006
21 822
34 829
39 008
After tax
120 494
128 678
115 671
111 492
Living cost
23 101
23 101
23 101
23 101
Free-cash
97 393
105 577
92 570
88 391

Estimated living cost  is ₽23101 per week

₽13487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43186
₽24436
₽33703
₽26702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
11 109
income
-
-
-
45 179
pensions
-
-
-
10 555
total
-
-
-
66 843
Employee
83 521
76 930
133 758
-
pensions
10 555
10 555
10 555
-
health
10 420
10 044
11 109
-
income

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

12 592
12 592
18 955
-
total
33 567
33 191
40 619
-
Employer
83 521
76 930
133 758
-
unemployment
3 007
2 769
3 441
-
health
5 804
5 347
6 645
-
pensions
5 812
5 354
6 655
-
total
14 623
13 470
16 741
-
Corporate
52 355
60 099
-
-
income
10 471
12 020
-
-
total
10 471
12 020
-
-
Dividends
41 884
48 079
-
-
income
8 900
10 216
-
-
withholding
6 283
7 213
-
-
total
15 183
17 429
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 844
76 110
57 360
66 843
After tax
76 656
74 390
93 140
83 657
Living cost
49 954
49 954
49 954
49 954
Free-cash
26 702
24 436
43 186
33 703

Estimated living cost  is ₽49954 per week

₽36849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54094
₽81071
₽60528
₽73028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
32 446
health
-
-
-
20 317
income
-
-
-
14 661
solidarity contribution
-
-
-
-
total
-
-
-
67 424
Employee
33 159
-
112 588
-
health
4 476
-
15 199
-
income
3 979
-
13 525
-
social contributions
2 155
-
7 222
-
solidarity contribution
-
-
-
-
total
10 610
-
35 946
-
Employer
33 159
-
112 588
-
health
2 984
-
10 133
-
social contributions
8 290
-
27 779
-
total
11 274
-
37 912
-
Corporate
106 067
150 500
-
-
income
20 153
28 595
-
-
total
20 153
28 595
-
-
Dividends
85 915
121 905
-
-
withholding
12 887
18 286
-
-
total
12 887
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 924
46 881
73 858
67 424
After tax
95 576
103 619
76 642
83 076
Living cost
22 548
22 548
22 548
22 548
Free-cash
73 028
81 071
54 094
60 528

Estimated living cost  is ₽22548 per week

₽15662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27595
₽42286
₽34393
₽37582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
38 709
national
-
-
-
36 723
regional
-
-
-
1 768
municipal
-
-
-
894
total
-
-
-
78 094
Employee
80 063
-
150 500
-
municipal
424
-
798
-
national
13 873
-
31 786
-
regional
755
-
1 560
-
social contributions
26 997
-
50 748
-
total
42 049
-
84 892
-
Employer
80 063
-
150 500
-
total
-
-
-
-
Corporate
70 437
150 500
-
-
nationa
16 904
36 119
-
-
municipal
2 747
5 869
-
-
total
19 651
41 988
-
-
Dividends
50 786
108 512
-
-
withholding
13 205
28 213
-
-
total
13 205
28 213
-
-
Income
150 500
150 500
150 500
150 500
Total tax
74 905
70 201
84 892
78 094
After tax
75 595
80 299
65 608
72 406
Living cost
38 013
38 013
38 013
38 013
Free-cash
37 582
42 286
27 595
34 393

Estimated living cost  is ₽38013 per week

₽26498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45859
₽74785
₽51448
₽71980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
surtax
-
-
-
6 065
health
-
-
-
8 536
income
-
-
-
40 320
pensions
-
-
-
24 047
unemployment
-
-
-
205
other
-
-
-
-
total
-
-
-
79 173
Employee
29 791
-
125 192
-
pensions
1 987
-
8 020
-
other
-
-
-
-
health
761
-
3 065
-
income
4 994
-
34 931
-
unemployment
2 074
-
8 368
-
surtax
97
-
5 069
-
total
9 913
-
59 453
-
Employer
29 791
-
125 192
-
unemployment
944
-
3 811
-
health
1 356
-
5 471
-
other
-
-
-
-
pensions
3 971
-
16 027
-
total
6 271
-
25 309
-
Corporate
114 438
150 500
-
-
income
29 755
39 130
-
-
total
29 755
39 130
-
-
Dividends
84 684
111 370
-
-
withholding
12 702
16 706
-
-
total
12 702
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 641
55 836
84 762
79 173
After tax
91 859
94 664
65 738
71 327
Living cost
19 879
19 879
19 879
19 879
Free-cash
71 980
74 785
45 859
51 448

Estimated living cost  is ₽19879 per week

₽12155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45323
₽58026
₽58999
₽64029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
41 996
pensions
-
-
-
7 984
total
-
-
-
49 980
Employee
57 628
-
131 559
-
pensions
4 891
-
9 891
-
health
837
-
1 946
-
income
10 379
-
32 878
-
total
16 107
-
44 715
-
Employer
57 628
-
131 559
-
health
1 095
-
2 500
-
pensions
6 238
-
16 441
-
total
7 333
-
18 941
-
Corporate
85 539
150 500
-
-
income

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

16 253
28 595
-
-
total
16 253
28 595
-
-
Dividends
69 286
121 905
-
-
withholding
5 257
22 358
-
-
total
5 257
22 358
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 950
50 953
63 656
49 980
After tax
105 550
99 547
86 844
100 520
Living cost
41 521
41 521
41 521
41 521
Free-cash
64 029
58 026
45 323
58 999

Estimated living cost  is ₽41521 per week

₽31107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43786
-₽2747
₽51101
₽27876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
city
-
-
-
1 586
health
-
-
-
338
national
-
-
-
2 016
pensions
-
-
-
13 845
regional
-
-
-
7 036
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.

-
-
-
3 011
total
-
-
-
27 832
Employee
83 752
-
134 705
-
pensions
7 036
-
11 315
-
city
899
-
1 447
-
health
189
-
303
-
national
396
-
1 668
-
regional
2 742
-
6 101
-
unemployment
-
-
-
-
total
11 262
-
20 834
-
Employer
83 752
-
134 705
-
unemployment
-
-
-
-
health
189
-
303
-
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.

1 675
-
2 695
-
pensions
7 036
-
11 315
-
total
8 900
-
14 313
-
Corporate
56 927
150 500
-
-
national
4 838
12 793
-
-
regional
12 040
31 831
-
-
total
16 878
44 624
-
-
Dividends
40 049
105 876
-
-
withholding
14 017
37 056
-
-
total
14 017
37 056
-
-
Income
150 500
150 500
150 500
150 500
Total tax
51 057
81 680
35 147
27 832
After tax
99 443
68 820
115 353
122 668
Living cost
71 567
71 567
71 567
71 567
Free-cash
27 876
-2 747
43 786
51 101

Estimated living cost  is ₽71567 per week

₽46539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽879
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54953
₽33102
₽36326
₽47713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
surtax

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

-
-
-
2 510
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.

-
-
-
6 154
trade
-
-
-
18 627
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.

-
-
-
45 614
total
-
-
-
72 905
Employee

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

54 140
-
150 500
-
health

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

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

6 154
-
6 154
-
income

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

6 366
-
45 614
-
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.

350
-
2 510
-
total
12 870
-
54 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 360
150 500
-
-
trade
16 526
25 811
-
-
surtax

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

795
1 241
-
-
chamber of commerce
272
349
-
-
income
14 454
22 575
-
-
total
32 047
49 976
-
-
Dividends
64 313
100 525
-
-
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.

865
1 364
-
-
withholding
15 736
24 789
-
-
total
16 601
26 153
-
-
Income
150 500
150 500
150 500
150 500
Total tax
61 518
76 129
54 278
72 905
After tax
88 982
74 371
96 222
77 595
Living cost
41 269
41 269
41 269
41 269
Free-cash
47 713
33 102
54 953
36 326

Estimated living cost  is ₽41269 per week

₽30141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52790
₽45030
₽54125
₽50353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
surtax
-
-
-
-
social contributions
-
-
-
4 288
health
-
-
-
6 108
income
-
-
-
22 878
pensions
-
-
-
27 615
other
-
-
-
4 665
total
-
-
-
65 554
Employee
38 555
-
117 077
-
pensions
4 359
-
7 893
-
income
2 275
-
22 237
-
social contributions
1 099
-
3 335
-
surtax
-
-
-
-
total
7 733
-
33 465
-
Employer
38 555
-
117 077
-
unemployment
1 561
-
4 742
-
health
2 699
-
10 539
-
other
1 330
-
4 461
-
pensions
6 334
-
13 332
-
social contributions
116
-
350
-
total
12 040
-
33 424
-
Corporate
99 904
150 500
-
-
surtax
-
-
-
-
income
27 973
42 141
-
-
total
27 973
42 141
-
-
Dividends
71 931
108 359
-
-
surtax
-
-
-
-
withholding
9 208
13 870
-
-
social contributions
12 372
18 638
-
-
total
21 580
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 326
74 649
66 889
65 554
After tax
81 174
75 851
83 611
84 946
Living cost
30 821
30 821
30 821
30 821
Free-cash
50 353
45 030
52 790
54 125

Estimated living cost  is ₽30821 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55843
₽48083
₽57178
₽53089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
surtax
-
-
-
-
social contributions
-
-
-
4 288
health
-
-
-
6 108
income
-
-
-
22 878
pensions
-
-
-
27 615
other
-
-
-
4 665
total
-
-
-
65 554
Employee
34 416
-
117 077
-
pensions
3 893
-
7 893
-
income
1 775
-
22 237
-
social contributions
981
-
3 335
-
surtax
-
-
-
-
total
6 649
-
33 465
-
Employer
34 416
-
117 077
-
unemployment
1 393
-
4 742
-
health
2 409
-
10 539
-
other
1 188
-
4 461
-
pensions
5 655
-
13 332
-
social contributions
103
-
350
-
total
10 748
-
33 424
-
Corporate
105 336
150 500
-
-
surtax
-
-
-
-
income
29 493
42 141
-
-
total
29 493
42 141
-
-
Dividends
75 843
108 359
-
-
surtax
-
-
-
-
withholding
9 709
13 870
-
-
social contributions
13 044
18 638
-
-
total
22 753
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 643
74 649
66 889
65 554
After tax
80 857
75 851
83 611
84 946
Living cost
27 768
27 768
27 768
27 768
Free-cash
53 089
48 083
55 843
57 178

Estimated living cost  is ₽27768 per week

₽16104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74686
₽72717
₽77549
₽73184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
20 769
health
-
-
-
10 505
income
-
-
-
22 575
total
-
-
-
53 849
Employee
30 545
-
150 500
-
health
2 132
-
10 505
-
income
5 094
-
25 438
-
social contributions
4 216
-
20 769
-
total
11 442
-
56 712
-
Employer
30 545
-
150 500
-
total
-
-
-
-
Corporate
119 955
150 500
-
-
income

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

5 997
7 525
-
-
total
5 997
7 525
-
-
Dividends
113 958
142 975
-
-
withholding
17 094
21 446
-
-
health
7 955
9 980
-
-
social contributions
15 726
19 730
-
-
total
40 775
51 156
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 214
58 681
56 712
53 849
After tax
92 286
91 819
93 788
96 651
Living cost
19 102
19 102
19 102
19 102
Free-cash
73 184
72 717
74 686
77 549

Estimated living cost  is ₽19102 per week

₽12784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8107
₽51605
₽45479
₽50211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
surtax
-
-
-
178
chamber of commerce
-
-
-
602
health
-
-
-
8 050
income
-
-
-
39 453
pensions
-
-
-
19 470
unemployment
-
-
-
5 525
total
-
-
-
73 278
Employee
45 021
35 901
119 027
-
pensions
4 611
3 676
10 777
-
other
450
359
1 053
-
health
1 742
1 390
4 072
-
income
5 125
2 648
31 216
-
unemployment
1 351
1 077
3 158
-
total
13 279
9 150
50 276
-
Employer
45 021
35 901
119 027
-
accident
585
467
1 368
-
unemployment
1 351
1 077
3 158
-
health
1 701
1 357
3 978
-
other
2 139
1 704
5 536
-
pensions
5 650
4 506
13 208
-
payroll
1 351
1 077
3 571
-
surtax
178
178
178
-
chamber of commerce
180
144
475
-
total
13 135
10 510
31 472
-
Corporate
92 346
104 089
115 610
-
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.

23 086
26 023
28 902
-
total
23 086
26 023
28 902
-
Dividends
69 260
78 066
-
-
withholding
19 046
21 469
-
-
total
19 046
21 469
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 546
67 152
110 650
73 278
After tax
81 954
83 348
39 850
77 222
Living cost
31 743
31 743
31 743
31 743
Free-cash
50 211
51 605
8 107
45 479

Estimated living cost  is ₽31743 per week

₽21171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20597
₽51339
₽32348
₽37829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
22 460
national
-
-
-
55 162
communal

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

-
-
-
7 683
total
-
-
-
85 305
Employee

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

64 439
-
116 567
-
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.

4 833
-
8 743
-
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.

3 028
-
5 479
-
national
19 811
-
41 809
-
communal

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

3 361
-
6 079
-
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.

561
-
1 014
-
total
31 594
-
63 124
-
Employer

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

64 439
-
116 567
-
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.

838
-
1 516
-
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.

940
-
1 703
-
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.

3 963
-
7 168
-
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.

5 710
-
10 327
-
surtax
7 307
-
13 218
-
total
18 758
-
33 932
-
Corporate
67 304
150 500
-
-
surtax
268
602
-
-
income
13 461
30 100
-
-
total
13 729
30 702
-
-
Dividends
53 574
119 798
-
-
withholding

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

15 743
35 612
-
-
total
15 743
35 612
-
-
Income
150 500
150 500
150 500
150 500
Total tax
79 824
66 314
97 056
85 305
After tax
70 676
84 186
53 444
65 195
Living cost
32 847
32 847
32 847
32 847
Free-cash
37 829
51 339
20 597
32 348

Estimated living cost  is ₽32847 per week

₽21157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2872
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.
₽8303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48238
₽67883
₽52017
₽61555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
40 899
pensions
-
-
-
23 629
unemployment
-
-
-
585
accident
-
-
-
752
other
-
-
-
84
total
-
-
-
65 949
Employee
44 843
-
123 881
-
pensions
2 108
-
3 925
-
other
44
-
84
-
income
9 462
-
37 806
-
unemployment
696
-
1 294
-
total
12 310
-
43 109
-
Employer
44 843
-
123 881
-
accident
887
-
1 653
-
unemployment
2 467
-
4 592
-
other
357
-
668
-
pensions
10 582
-
19 706
-
total
14 293
-
26 619
-
Corporate
91 364
150 500
-
-
income

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

13 704
22 575
-
-
total
13 704
22 575
-
-
Dividends
77 660
127 925
-
-
withholding
16 104
27 508
-
-
total
16 104
27 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 411
50 083
69 728
65 949
After tax
94 089
100 417
80 772
84 551
Living cost
32 534
32 534
32 534
32 534
Free-cash
61 555
67 883
48 238
52 017

Estimated living cost  is ₽32534 per week

₽23958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32367
₽39594
₽26370
₽28454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
surtax
-
-
-
7 460
health
-
-
-
10 574
income
-
-
-
23 802
pensions
-
-
-
22 558
communal
-
-
-
9 512
accident
-
-
-
1 268
total
-
-
-
75 174
Employee
68 221
-
134 434
-
pensions
5 457
-
10 755
-
health
3 036
-
5 983
-
income
6 590
-
28 134
-
surtax
4 182
-
8 238
-
total
19 265
-
53 110
-
Employer
68 221
-
134 434
-
accident
614
-
1 210
-
health
2 081
-
4 101
-
pensions
5 457
-
10 755
-
total
8 152
-
16 066
-
Corporate
74 127
150 500
-
-
surtax
778
1 580
-
-
communal
5 004
10 158
-
-
income
11 119
22 575
-
-
total
16 901
34 313
-
-
Dividends
57 227
116 188
-
-
income
20 187
10 208
-
-
withholding
8 584
17 429
-
-
total
28 771
27 637
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 089
61 950
69 176
75 174
After tax
77 411
88 550
81 324
75 326
Living cost
48 956
48 956
48 956
48 956
Free-cash
28 454
39 594
32 367
26 370

Estimated living cost  is ₽48956 per week

₽36725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45504
₽74430
₽51093
₽71566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
surtax
-
-
-
6 065
health
-
-
-
8 536
income
-
-
-
40 320
pensions
-
-
-
24 047
unemployment
-
-
-
205
other
-
-
-
-
total
-
-
-
79 173
Employee
30 338
-
125 192
-
pensions
2 024
-
8 020
-
other
-
-
-
-
health
774
-
3 065
-
income
5 086
-
34 931
-
unemployment
2 111
-
8 368
-
surtax
108
-
5 069
-
total
10 103
-
59 453
-
Employer
30 338
-
125 192
-
unemployment
962
-
3 811
-
health
1 380
-
5 471
-
other
-
-
-
-
pensions
4 045
-
16 027
-
total
6 387
-
25 309
-
Corporate
113 775
150 500
-
-
income
29 582
39 130
-
-
total
29 582
39 130
-
-
Dividends
84 193
111 370
-
-
withholding
12 628
16 706
-
-
total
12 628
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 700
55 836
84 762
79 173
After tax
91 800
94 664
65 738
71 327
Living cost
20 234
20 234
20 234
20 234
Free-cash
71 566
74 430
45 504
51 093

Estimated living cost  is ₽20234 per week

₽12216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽40876
₽54841
₽47638
₽52837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
38 709
national
-
-
-
36 723
regional
-
-
-
2 269
municipal
-
-
-
894
total
-
-
-
78 595
Employee
49 972
-
150 500
-
municipal
265
-
798
-
national
7 917
-
31 786
-
regional
673
-
2 025
-
social contributions
16 851
-
50 748
-
total
25 706
-
85 357
-
Employer
49 972
-
150 500
-
total
-
-
-
-
Corporate
100 528
150 500
-
-
nationa
24 127
36 119
-
-
municipal
4 997
7 479
-
-
total
29 124
43 598
-
-
Dividends
71 404
106 901
-
-
withholding
18 566
27 794
-
-
total
18 566
27 794
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 396
71 392
85 357
78 595
After tax
77 104
79 108
65 143
71 905
Living cost
24 267
24 267
24 267
24 267
Free-cash
52 837
54 841
40 876
47 638

Estimated living cost  is ₽24267 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48857
₽75834
₽55291
₽65923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
32 446
health
-
-
-
20 317
income
-
-
-
14 661
solidarity contribution
-
-
-
-
total
-
-
-
67 424
Employee
40 860
-
112 588
-
health
5 516
-
15 199
-
income
4 903
-
13 525
-
social contributions
2 656
-
7 222
-
solidarity contribution
-
-
-
-
total
13 075
-
35 946
-
Employer
40 860
-
112 588
-
health
3 677
-
10 133
-
social contributions
10 215
-
27 779
-
total
13 892
-
37 912
-
Corporate
95 747
150 500
-
-
income
18 192
28 595
-
-
total
18 192
28 595
-
-
Dividends
77 555
121 905
-
-
withholding
11 633
18 286
-
-
total
11 633
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 792
46 881
73 858
67 424
After tax
93 708
103 619
76 642
83 076
Living cost
27 785
27 785
27 785
27 785
Free-cash
65 923
75 834
48 857
55 291

Estimated living cost  is ₽27785 per week

₽20663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1539
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.
₽5102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11162
₽54706
₽48659
₽54261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
surtax
-
-
-
-
chamber of commerce
-
-
-
602
health
-
-
-
8 050
income
-
-
-
39 453
pensions
-
-
-
19 470
unemployment
-
-
-
5 525
total
-
-
-
73 100
Employee
39 379
35 901
119 193
-
pensions
4 033
3 676
10 777
-
other
393
359
1 053
-
health
1 523
1 390
4 072
-
income
3 508
2 648
31 287
-
unemployment
1 181
1 077
3 158
-
total
10 638
9 150
50 347
-
Employer
39 379
35 901
119 193
-
accident
511
467
1 368
-
unemployment
1 181
1 077
3 158
-
health
1 489
1 357
3 978
-
other
1 870
1 704
5 542
-
pensions
4 942
4 506
13 208
-
payroll
1 181
1 077
3 576
-
surtax
-
-
-
-
chamber of commerce
157
144
477
-
total
11 331
10 332
31 307
-
Corporate
99 788
104 267
115 774
-
income

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

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

24 948
26 067
28 943
-
total
24 948
26 067
28 943
-
Dividends
74 841
78 200
-
-
withholding
20 581
21 504
-
-
total
20 581
21 504
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 498
67 053
110 597
73 100
After tax
83 002
83 447
39 903
77 400
Living cost
28 741
28 741
28 741
28 741
Free-cash
54 261
54 706
11 162
48 659

Estimated living cost  is ₽28741 per week

₽17241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108269
₽130844
₽136864
₽128569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
150 500
microenterprise

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

-
-
-
1 505
total
-
-
-
1 505
Employee
15 164
-
150 500
-
income
3 033
-
30 100
-
total
3 033
-
30 100
-
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%.

135 336
150 500
-
-
total
-
-
-
-
Dividends
135 336
150 500
-
-
withholding
6 767
7 525
-
-
total
6 767
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 800
7 525
30 100
1 505
After tax
140 700
142 975
120 400
148 995
Living cost
12 131
12 131
12 131
12 131
Free-cash
128 569
130 844
108 269
136 864

Estimated living cost  is ₽12131 per week

₽8209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45770
₽79456
₽49758
₽71921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
health
-
-
-
14 810
income
-
-
-
34 059
pensions
-
-
-
27 484
unemployment
-
-
-
226
total
-
-
-
76 579
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.

39 836
-
130 225
-
pensions
6 175
-
20 185
-
health
2 573
-
8 413
-
income
6 870
-
31 510
-
unemployment
56
-
183
-
total
15 674
-
60 291
-
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.

39 836
-
130 225
-
unemployment
24
-
79
-
health
2 653
-
8 673
-
pensions
3 525
-
11 524
-
total
6 202
-
20 276
-
Corporate
104 461
150 500
-
-
income
19 848
28 596
-
-
total
19 848
28 596
-
-
Dividends
84 614
121 904
-
-
withholding
12 692
18 285
-
-
total
12 692
18 285
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 416
46 881
80 567
76 579
After tax
96 084
103 619
69 933
73 921
Living cost
24 163
24 163
24 163
24 163
Free-cash
71 921
79 456
45 770
49 758

Estimated living cost  is ₽24163 per week

₽16583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽95792
₽49638
₽62081
₽3420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
17 157
income
-
-
-
29 336
total
-
-
-
46 493
Employee
60 116
-
-
-
income
13 260
-
-
-
social contributions
4 930
-
702
-
total
18 190
-
702
-
Employer
60 116
-
-
-
social contributions
84 764
-
12 080
-
total
84 764
-
12 080
-
Corporate
5 620
150 500
-
-
income
1 236
33 110
-
-
total
1 236
33 110
-
-
Dividends
4 383
117 390
-
-
income
964
25 826
-
-
total
964
25 826
-
-
Income
150 500
150 500
150 500
150 500
Total tax
105 154
58 936
12 782
46 493
After tax
45 346
91 564
137 718
104 007
Living cost
41 926
41 926
41 926
41 926
Free-cash
3 420
49 638
95 792
62 081

Estimated living cost  is ₽41926 per week

₽27203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41459
₽57348
₽52673
₽56440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
surtax
-
-
-
-
social contributions

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

-
-
-
52 299
income
-
-
-
17 271
total
-
-
-
69 570
Employee
41 433
-
121 615
-
income
8 618
-
38 524
-
social contributions
4 558
-
13 377
-
surtax
-
-
-
-
total
13 176
-
51 901
-
Employer
41 433
-
121 615
-
social contributions
9 840
-
28 883
-
total
9 840
-
28 883
-
Corporate
99 227
150 500
-
-
surtax
-
-
-
-
income
20 838
31 605
-
-
total
20 838
31 605
-
-
Dividends
78 389
118 895
-
-
withholding
21 949
33 290
-
-
total
21 949
33 290
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 803
64 895
80 784
69 570
After tax
84 697
85 605
69 716
80 930
Living cost
28 257
28 257
28 257
28 257
Free-cash
56 440
57 348
41 459
52 673

Estimated living cost  is ₽28257 per week

₽21142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
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.
₽4977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40101
₽32341
₽41436
₽38534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
surtax
-
-
-
-
social contributions
-
-
-
4 288
health
-
-
-
6 108
income
-
-
-
22 878
pensions
-
-
-
27 615
other
-
-
-
4 665
total
-
-
-
65 554
Employee
56 423
-
117 077
-
pensions
6 382
-
7 893
-
income
4 923
-
22 237
-
social contributions
1 607
-
3 335
-
surtax
-
-
-
-
total
12 912
-
33 465
-
Employer
56 423
-
117 077
-
unemployment
2 286
-
4 742
-
health
3 949
-
10 539
-
other
1 947
-
4 461
-
pensions
9 271
-
13 332
-
social contributions
169
-
350
-
total
17 622
-
33 424
-
Corporate
76 455
150 500
-
-
surtax
-
-
-
-
income
21 407
42 141
-
-
total
21 407
42 141
-
-
Dividends
55 048
108 359
-
-
surtax
-
-
-
-
withholding
7 047
13 870
-
-
social contributions
9 468
18 638
-
-
total
16 515
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 456
74 649
66 889
65 554
After tax
82 044
75 851
83 611
84 946
Living cost
43 510
43 510
43 510
43 510
Free-cash
38 534
32 341
40 101
41 436

Estimated living cost  is ₽43510 per week

₽29447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88039
₽108371
₽84042
₽105344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
33 109
income
-
-
-
6 269
total
-
-
-
39 378
Employee
28 962
-
130 303
-
social contributions
1 882
-
8 471
-
income
-
-
6 713
-
total
1 882
-
15 184
-
Employer
28 962
-
130 303
-
social contributions
4 489
-
20 197
-
total
4 489
-
20 197
-
Corporate
117 049
150 500
-
-
income
11 705
15 049
-
-
total
11 705
15 049
-
-
Dividends
105 344
135 451
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
18 076
15 049
35 381
39 378
After tax
132 424
135 451
115 119
111 122
Living cost
27 080
27 080
27 080
27 080
Free-cash
105 344
108 371
88 039
84 042

Estimated living cost  is ₽27080 per week

₽17509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45390
-₽45390
₽45917
-₽45390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
labour market
-
-
-
11 978
national
-
-
-
17 410
pensions
-
-
-
779
municipal
-
-
-
31 116
total
-
-
-
61 283
Employee
182 757
182 757
182 757
-
labour market
14 600
14 600
14 600
-
pensions
260
260
260
-
municipal
38 917
38 917
38 917
-
national
22 327
22 327
22 327
-
total
76 104
76 104
76 104
-
Employer
182 757
182 757
182 757
-
municipal
38 979
38 979
38 979
-
labour market
14 621
14 621
14 621
-
pensions
520
520
520
-
national
22 366
22 366
22 366
-
total
76 486
76 486
76 486
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
152 590
152 590
152 590
61 283
After tax
-2 090
-2 090
-2 090
89 217
Living cost
43 300
43 300
43 300
43 300
Free-cash
-45 390
-45 390
-45 390
45 917

Estimated living cost  is ₽43300 per week

₽29635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61999
-₽7286
₽83433
₽9203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
1 960
income
-
-
-
41 332
pensions
-
-
-
3 739
accident
-
-
-
227
other
-
-
-
333
total
-
-
-
47 591
Employee
30 637
-
135 037
-
pensions
3 450
-
6 855
-
health
3 508
-
15 462
-
income
4 203
-
31 245
-
total
11 161
-
53 562
-
Employer
30 637
-
135 037
-
accident
512
-
2 255
-
unemployment
751
-
3 309
-
pensions
4 981
-
9 899
-
total
6 244
-
15 463
-
Corporate
113 619
150 500
-
-
income

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

102 257
135 450
-
-
total
102 257
135 450
-
-
Dividends
11 362
15 050
-
-
withholding
2 159
2 860
-
-
total
2 159
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
121 821
138 310
69 025
47 591
After tax
28 679
12 190
81 475
102 909
Living cost
19 476
19 476
19 476
19 476
Free-cash
9 203
-7 286
61 999
83 433

Estimated living cost  is ₽19476 per week

₽14176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44886
₽60228
₽63672
₽62294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
150 500
health
-
-
-
1 942
national
-
-
-
23 558
municipal
-
-
-
26 741
total
-
-
-
52 241
Employee
47 396
-
126 609
-
pensions
3 199
-
8 546
-
municipal
7 763
-
20 626
-
health
354
-
1 574
-
national
783
-
14 493
-
unemployment
711
-
1 899
-
total
12 810
-
47 138
-
Employer
47 396
-
126 609
-
accident
48
-
127
-
unemployment
308
-
822
-
health
364
-
974
-
pensions
8 223
-
21 966
-
total
8 943
-
23 889
-
Corporate
94 161
150 500
-
-
income
18 832
30 100
-
-
total
18 832
30 100
-
-
Dividends

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

56 497
90 300
-
-
municipal
10 170
16 254
-
-
national
2 864
9 332
-
-
total
13 034
25 586
-
-
Income
150 500
150 500
150 500
150 500
Total tax
53 619
55 686
71 027
52 241
After tax
96 881
94 814
79 473
98 259
Living cost
34 587
34 587
34 587
34 587
Free-cash
62 294
60 228
44 886
63 672

Estimated living cost  is ₽34587 per week

₽22592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81072
₽88961
₽82420
₽84057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
14 576
health
-
-
-
3 838
income
-
-
-
28 809
total
-
-
-
47 223
Employee
69 272
69 272
140 152
-
health
537
1 178
2 383
-
income
7 543
6 413
28 085
-
social contributions
2 619
5 749
7 755
-
total
10 699
13 340
38 223
-
Employer
69 272
69 272
140 152
-
health
583
1 282
2 593
-
social contributions
2 619
5 749
7 755
-
total
3 202
7 031
10 348
-
Corporate
115 742
74 197
-
-
income
14 468
9 274
-
-
total
14 468
9 274
-
-
Dividends
101 274
64 922
-
-
withholding
17 217
11 037
-
-
total
17 217
11 037
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 586
40 682
48 571
47 223
After tax
104 914
109 818
101 929
103 277
Living cost
20 857
20 857
20 857
20 857
Free-cash
84 057
88 961
81 072
82 420

Estimated living cost  is ₽20857 per week

₽12500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93866
₽110326
₽111937
₽105744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
150 500
health
-
-
-
3 260
income
-
-
-
15 244
pensions
-
-
-
5 730
unemployment
-
-
-
26
total
-
-
-
24 260
Employee

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

20 678
-
141 696
-
pensions
3 101
-
12 822
-
health
1 757
-
7 266
-
income
1 414
-
13 012
-
unemployment
103
-
427
-
total
6 375
-
33 527
-
Employer

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

20 678
-
141 696
-
unemployment
103
-
427
-
health
889
-
3 676
-
pensions
1 137
-
4 701
-
total
2 129
-
8 804
-
Corporate
127 694
150 500
-
-
income
11 492
13 545
-
-
total
11 492
13 545
-
-
Dividends
116 202
136 955
-
-
withholding
10 457
12 326
-
-
total
10 457
12 326
-
-
Income
150 500
150 500
150 500
150 500
Total tax
30 453
25 871
42 331
24 260
After tax
120 047
124 629
108 169
126 240
Living cost
14 303
14 303
14 303
14 303
Free-cash
105 744
110 326
93 866
111 937

Estimated living cost  is ₽14303 per week

₽9126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽55999
₽75644
₽59778
₽71664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
40 899
pensions
-
-
-
23 629
unemployment
-
-
-
585
accident
-
-
-
752
other
-
-
-
84
total
-
-
-
65 949
Employee
33 310
-
123 881
-
pensions
1 566
-
3 925
-
other
32
-
84
-
income
6 422
-
37 806
-
unemployment
516
-
1 294
-
total
8 536
-
43 109
-
Employer
33 310
-
123 881
-
accident
660
-
1 653
-
unemployment
1 833
-
4 592
-
other
267
-
668
-
pensions
7 861
-
19 706
-
total
10 621
-
26 619
-
Corporate
106 570
150 500
-
-
income

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

15 986
22 575
-
-
total
15 986
22 575
-
-
Dividends
90 584
127 925
-
-
withholding
18 920
27 508
-
-
total
18 920
27 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 063
50 083
69 728
65 949
After tax
96 437
100 417
80 772
84 551
Living cost
24 773
24 773
24 773
24 773
Free-cash
71 664
75 644
55 999
59 778

Estimated living cost  is ₽24773 per week

₽16721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95190
₽92323
₽95303
₽92062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
840
income
-
-
-
51 609
pensions
-
-
-
1 159
total
-
-
-
53 608
Employee
2 420
-
149 196
-
pensions
218
-
522
-
health
121
-
290
-
income
468
-
51 548
-
unemployment
24
-
58
-
total
831
-
52 418
-
Employer
2 420
-
149 196
-
unemployment
48
-
116
-
health
230
-
550
-
pensions
266
-
637
-
total
544
-
1 303
-
Corporate
147 536
150 500
-
-
income
32 458
33 110
-
-
total
32 458
33 110
-
-
Dividends
115 078
117 390
-
-
withholding
23 016
23 478
-
-
total
23 016
23 478
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 849
56 588
53 721
53 608
After tax
93 651
93 912
96 779
96 892
Living cost
1 589
1 589
1 589
1 589
Free-cash
92 062
92 323
95 190
95 303

Estimated living cost  is ₽1589 per week

₽944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75975
₽93191
₽75975
₽88769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
health
-
-
-
6 842
income
-
-
-
33 870
pensions
-
-
-
17 272
unemployment
-
-
-
996
total
-
-
-
58 980
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.

23 441
-
138 609
-
pensions
3 282
-
9 300
-
health
1 207
-
3 421
-
income
3 231
-
33 870
-
unemployment
176
-
498
-
total
7 896
-
47 089
-
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.

23 441
-
138 609
-
unemployment
176
-
498
-
health
1 207
-
3 421
-
pensions
2 813
-
7 972
-
total
4 196
-
11 891
-
Corporate
122 863
150 500
-
-
income
18 429
22 575
-
-
total
18 429
22 575
-
-
Dividends
104 434
127 925
-
-
withholding
15 665
19 189
-
-
total
15 665
19 189
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 186
41 764
58 980
58 980
After tax
104 314
108 736
91 520
91 520
Living cost
15 545
15 545
15 545
15 545
Free-cash
88 769
93 191
75 975
75 975

Estimated living cost  is ₽15545 per week

₽10467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45429
₽61318
₽56643
₽60994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
surtax
-
-
-
-
social contributions

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

-
-
-
52 299
income
-
-
-
17 271
total
-
-
-
69 570
Employee
34 964
-
121 615
-
income
6 832
-
38 524
-
social contributions
3 846
-
13 377
-
surtax
-
-
-
-
total
10 678
-
51 901
-
Employer
34 964
-
121 615
-
social contributions
8 303
-
28 883
-
total
8 303
-
28 883
-
Corporate
107 232
150 500
-
-
surtax
-
-
-
-
income
22 518
31 605
-
-
total
22 518
31 605
-
-
Dividends
84 714
118 895
-
-
withholding
23 720
33 290
-
-
total
23 720
33 290
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 219
64 895
80 784
69 570
After tax
85 281
85 605
69 716
80 930
Living cost
24 287
24 287
24 287
24 287
Free-cash
60 994
61 318
45 429
56 643

Estimated living cost  is ₽24287 per week

₽17202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
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.
₽4968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49112
₽68757
₽52891
₽62733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
40 899
pensions
-
-
-
23 629
unemployment
-
-
-
585
accident
-
-
-
752
other
-
-
-
84
total
-
-
-
65 949
Employee
43 507
-
123 881
-
pensions
2 045
-
3 925
-
other
43
-
84
-
income
9 087
-
37 806
-
unemployment
674
-
1 294
-
total
11 849
-
43 109
-
Employer
43 507
-
123 881
-
accident
862
-
1 653
-
unemployment
2 393
-
4 592
-
other
349
-
668
-
pensions
10 268
-
19 706
-
total
13 872
-
26 619
-
Corporate
93 121
150 500
-
-
income

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

13 969
22 575
-
-
total
13 969
22 575
-
-
Dividends
79 152
127 925
-
-
withholding
16 417
27 508
-
-
total
16 417
27 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 107
50 083
69 728
65 949
After tax
94 393
100 417
80 772
84 551
Living cost
31 660
31 660
31 660
31 660
Free-cash
62 733
68 757
49 112
52 891

Estimated living cost  is ₽31660 per week

₽22737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85362
₽98369
₽81183
₽87632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
7 078
income
-
-
-
22 575
pensions

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

-
-
-
9 109
unemployment
-
-
-
246
total
-
-
-
39 008
Employee
40 134
-
138 425
-
pensions

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

3 523
-
5 404
-
accident

We are using the highest rate at 1.1%.

441
-
677
-
health
1 846
-
2 831
-
income
4 014
-
13 842
-
total
9 824
-
22 754
-
Employer
40 134
-
138 425
-
accident

We are using the highest rate at 1.1%.

441
-
677
-
unemployment
241
-
369
-
health
2 769
-
4 247
-
pensions

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

4 423
-
6 782
-
total
7 874
-
12 075
-
Corporate
102 492
150 500
-
-
income
10 249
15 049
-
-
total
10 249
15 049
-
-
Dividends
92 243
135 451
-
-
withholding
4 612
6 773
-
-
total
4 612
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
32 559
21 822
34 829
39 008
After tax
117 941
128 678
115 671
111 492
Living cost
30 309
30 309
30 309
30 309
Free-cash
87 632
98 369
85 362
81 183

Estimated living cost  is ₽30309 per week

₽20046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽723
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61442
₽42689
₽45856
₽54474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
surtax

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

-
-
-
2 510
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.

-
-
-
6 154
trade
-
-
-
15 586
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.

-
-
-
45 614
total
-
-
-
69 864
Employee

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

44 823
-
150 500
-
health

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

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

6 154
-
6 154
-
income

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

3 686
-
45 614
-
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.

203
-
2 510
-
total
10 043
-
54 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 677
150 500
-
-
trade
15 164
21 597
-
-
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.

872
1 241
-
-
chamber of commerce
292
357
-
-
income
15 851
22 575
-
-
total
32 179
45 770
-
-
Dividends
73 498
104 730
-
-
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.

992
1 421
-
-
withholding
18 032
25 840
-
-
total
19 024
27 261
-
-
Income
150 500
150 500
150 500
150 500
Total tax
61 246
73 031
54 278
69 864
After tax
89 254
77 469
96 222
80 636
Living cost
34 780
34 780
34 780
34 780
Free-cash
54 474
42 689
61 442
45 856

Estimated living cost  is ₽34780 per week

₽23992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28954
₽54034
₽28954
₽56022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
24 919
income
-
-
-
45 310
total
-
-
-
70 229
Employee
70 467
-
150 500
-
social contributions
5 854
-
24 919
-
income
13 297
-
45 310
-
total
19 151
-
70 229
-
Employer
70 467
-
150 500
-
total
-
-
-
-
Corporate
80 033
150 500
-
-
income
10 004
18 812
-
-
total
10 004
18 812
-
-
Dividends
70 028
131 688
-
-
withholding
14 006
26 337
-
-
total
14 006
26 337
-
-
Income
150 500
150 500
150 500
150 500
Total tax
43 161
45 149
70 229
70 229
After tax
107 339
105 351
80 271
80 271
Living cost
51 317
51 317
51 317
51 317
Free-cash
56 022
54 034
28 954
28 954

Estimated living cost  is ₽51317 per week

₽39041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74807
₽60365
₽86506
₽63512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
health

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

-
-
-
5 650
income
-
-
-
25 643
total
-
-
-
31 293
Employee
41 326
-
146 356
-
social contributions
4 141
-
4 144
-
income
4 484
-
34 704
-
total
8 625
-
38 848
-
Employer
41 326
-
146 356
-
social contributions
4 141
-
4 144
-
total
4 141
-
4 144
-
Corporate
105 033
150 500
-
-
income
36 762
52 675
-
-
total
36 762
52 675
-
-
Dividends
68 271
97 825
-
-
social contributions
4 759
4 759
-
-
total
4 759
4 759
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 287
57 434
42 992
31 293
After tax
96 213
93 066
107 508
119 207
Living cost
32 701
32 701
32 701
32 701
Free-cash
63 512
60 365
74 807
86 506

Estimated living cost  is ₽32701 per week

₽21540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53089
₽65792
₽66765
₽71173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
41 996
pensions
-
-
-
7 984
total
-
-
-
49 980
Employee
46 334
-
131 559
-
pensions
3 536
-
9 891
-
health
604
-
1 946
-
income
8 438
-
32 878
-
total
12 578
-
44 715
-
Employer
46 334
-
131 559
-
health
881
-
2 500
-
pensions
4 681
-
16 441
-
total
5 562
-
18 941
-
Corporate
98 605
150 500
-
-
income

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

18 735
28 595
-
-
total
18 735
28 595
-
-
Dividends
79 870
121 905
-
-
withholding
8 697
22 358
-
-
total
8 697
22 358
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 572
50 953
63 656
49 980
After tax
104 928
99 547
86 844
100 520
Living cost
33 755
33 755
33 755
33 755
Free-cash
71 173
65 792
53 089
66 765

Estimated living cost  is ₽33755 per week

₽23156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60071
-₽9214
₽81505
₽8909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
1 960
income
-
-
-
41 332
pensions
-
-
-
3 739
accident
-
-
-
227
other
-
-
-
333
total
-
-
-
47 591
Employee
33 669
-
135 037
-
pensions
3 791
-
6 855
-
health
3 855
-
15 462
-
income
4 619
-
31 245
-
total
12 265
-
53 562
-
Employer
33 669
-
135 037
-
accident
562
-
2 255
-
unemployment
825
-
3 309
-
pensions
5 474
-
9 899
-
total
6 861
-
15 463
-
Corporate
109 969
150 500
-
-
income

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

98 972
135 450
-
-
total
98 972
135 450
-
-
Dividends
10 997
15 050
-
-
withholding
2 089
2 860
-
-
total
2 089
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
120 187
138 310
69 025
47 591
After tax
30 313
12 190
81 475
102 909
Living cost
21 404
21 404
21 404
21 404
Free-cash
8 909
-9 214
60 071
81 505

Estimated living cost  is ₽21404 per week

₽15708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
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.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93835
₽114478
₽74026
₽110263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
150 500
work injury
-
-
-
720
income
-
-
-
24 690
pensions
-
-
-
26 507
unemployment
-
-
-
1 729
health insurance
-
-
-
10 660
total
-
-
-
64 306
Employee

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

19 468
-
150 500
-
pensions
3 582
-
13 253
-
health insurance
1 441
-
5 330
-
income
1 947
-
24 690
-
work injury
97
-
360
-
unemployment
234
-
864
-
total
7 301
-
44 497
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 032
150 500
-
-
income

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

1 310
1 505
-
-
total
1 310
1 505
-
-
Dividends
129 722
148 995
-
-
withholding
19 458
22 349
-
-
total
19 458
22 349
-
-
Income
150 500
150 500
150 500
150 500
Total tax
28 069
23 854
44 497
64 306
After tax
122 431
126 646
106 003
86 194
Living cost
12 168
12 168
12 168
12 168
Free-cash
110 263
114 478
93 835
74 026

Estimated living cost  is ₽12168 per week

₽7538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28131
₽43385
₽34734
₽39287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
38 709
national
-
-
-
36 723
regional
-
-
-
3 439
municipal
-
-
-
1 007
total
-
-
-
79 878
Employee
75 912
-
150 500
-
municipal
453
-
898
-
national
12 828
-
31 786
-
regional
1 146
-
3 049
-
social contributions
25 597
-
50 748
-
total
40 024
-
86 481
-
Employer
75 912
-
150 500
-
total
-
-
-
-
Corporate
74 588
150 500
-
-
nationa
17 901
36 119
-
-
municipal
3 595
7 254
-
-
total
21 496
43 373
-
-
Dividends
53 092
107 127
-
-
withholding
13 805
27 854
-
-
total
13 805
27 854
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 325
71 227
86 481
79 878
After tax
75 175
79 273
64 019
70 622
Living cost
35 888
35 888
35 888
35 888
Free-cash
39 287
43 385
28 131
34 734

Estimated living cost  is ₽35888 per week

₽25209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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