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
₽45490
₽67205
₽50866
₽56612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
43 566
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.

-
-
-
2 395
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.

-
-
-
6 871
trade
-
-
-
16 339
total
-
-
-
69 171
Employee

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

38 468
-
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.

59
-
2 395
-
income

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

1 075
-
43 566
-
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.

6 871
-
6 871
-
total
8 005
-
52 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 032
150 500
-
-
income
16 805
22 575
-
-
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.

924
1 242
-
-
chamber of commerce
313
368
-
-
trade
17 645
23 703
-
-
total
35 687
47 888
-
-
Dividends
76 345
102 611
-
-
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.

1 029
1 389
-
-
withholding
18 704
25 270
-
-
total
19 733
26 659
-
-
Income
150 500
150 500
150 500
150 500
Total tax
63 425
74 547
52 832
69 171
After tax
87 075
75 953
97 668
81 329
Living cost
30 463
30 463
30 463
30 463
Free-cash
56 612
45 490
67 205
50 866

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40501
₽37191
₽36009
₽39612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 239
national
-
-
-
25 163
pensions
-
-
-
18 060
total
-
-
-
61 080
Employee
82 797
-
130 106
-
municipal
10 227
-
16 821
-
pensions
3 312
-
5 204
-
national
15 847
-
26 066
-
total
29 386
-
48 091
-
Employer
82 797
-
130 106
-
pensions
6 624
-
10 408
-
social contributions
890
-
1 399
-
total
7 514
-
11 807
-
Corporate
54 725
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%.

10 945
30 100
-
-
total
10 945
30 100
-
-
Dividends
43 780
120 400
-
-
withholding
9 632
26 488
-
-
total
9 632
26 488
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 477
56 588
59 898
61 080
After tax
93 023
93 912
90 602
89 420
Living cost
53 411
53 411
53 411
53 411
Free-cash
39 612
40 501
37 191
36 009

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99476
₽70756
₽28056
₽91227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 607
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
101 520
Employee
29 388
-
107 931
-
surtax
-
-
-
-
social contributions

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

3 233
-
11 871
-
income
5 231
-
20 948
-
total
8 464
-
32 819
-
Employer
29 388
-
107 931
-
social contributions

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

7 079
-
26 001
-
surtax
-
-
-
-
total
7 079
-
26 001
-
Corporate
114 033
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%.

22 806
30 100
-
-
total
22 806
30 100
-
-
Dividends

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

91 227
120 400
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
38 349
30 100
58 820
101 520
After tax
112 151
120 400
91 680
48 980
Living cost
20 924
20 924
20 924
20 924
Free-cash
91 227
99 476
70 756
28 056

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31983
₽49003
₽42812
₽25821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 370
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
65 556
Employee
85 887
85 887
131 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
16 488
-
health
13 183
11 213
12 402
-
total
42 701
37 055
40 674
-
Employer
85 887
85 887
131 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
50 627
49 573
-
-
income
10 125
9 915
-
-
total
10 125
9 915
-
-
Dividends
40 502
39 658
-
-
income
8 606
8 426
-
-
withholding
6 075
5 949
-
-
total
14 681
14 375
-
-
Income
150 500
150 500
150 500
150 500
Total tax
82 547
76 385
59 365
65 556
After tax
67 953
74 115
91 135
84 944
Living cost
42 132
42 132
42 132
42 132
Free-cash
25 821
31 983
49 003
42 812

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and 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 Rotterdam model

Close
Stockholm , Sweden
₽40967
₽37013
₽38014
₽40042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
37 077
national
-
-
-
8 041
pensions
-
-
-
9 762
total
-
-
-
71 280
Employee
58 715
-
122 125
-
municipal
17 509
-
36 418
-
national
-
-
7 488
-
total
17 509
-
43 906
-
Employer
58 715
-
122 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
73 337
150 500
-
-
income
16 134
33 110
-
-
total
16 134
33 110
-
-
Dividends
57 203
117 390
-
-
withholding
17 161
35 217
-
-
total
17 161
35 217
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 252
68 327
72 281
71 280
After tax
81 248
82 173
78 219
79 220
Living cost
41 206
41 206
41 206
41 206
Free-cash
40 042
40 967
37 013
38 014

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35667
₽58158
₽41093
₽49799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
43 566
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.

-
-
-
2 395
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.

-
-
-
6 871
trade
-
-
-
17 065
total
-
-
-
69 897
Employee

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

51 004
-
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.

240
-
2 395
-
income

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

4 382
-
43 566
-
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.

6 871
-
6 871
-
total
11 493
-
52 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 496
150 500
-
-
income
14 925
22 575
-
-
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.

821
1 242
-
-
chamber of commerce
294
366
-
-
trade
16 368
24 756
-
-
total
32 408
48 939
-
-
Dividends
67 089
101 560
-
-
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.

901
1 376
-
-
withholding
16 389
25 008
-
-
total
17 290
26 384
-
-
Income
150 500
150 500
150 500
150 500
Total tax
61 191
75 323
52 832
69 897
After tax
89 309
75 177
97 668
80 603
Living cost
39 510
39 510
39 510
39 510
Free-cash
49 799
35 667
58 158
41 093

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77256
₽70185
₽71580
₽73086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 188
social contributions
-
-
-
16 273
health
-
-
-
3 838
total
-
-
-
46 299
Employee
77 337
77 337
139 266
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
25 436
-
health
769
1 315
2 367
-
total
12 648
14 893
36 460
-
Employer
77 337
77 337
139 266
-
health
838
1 431
2 577
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 234
-
Corporate
100 634
65 313
-
-
income
12 580
8 165
-
-
total
12 580
8 165
-
-
Dividends
88 055
57 148
-
-
withholding
14 969
9 715
-
-
total
14 969
9 715
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 793
40 623
47 694
46 299
After tax
105 707
109 877
102 806
104 201
Living cost
32 621
32 621
32 621
32 621
Free-cash
73 086
77 256
70 185
71 580

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66147
₽68791
₽85803
₽66531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 399
unemployment
-
-
-
2 258
health
-
-
-
10 535
pensions
-
-
-
15 050
total
-
-
-
46 242
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
125 941
-
unemployment
400
159
1 889
-
pensions
2 664
1 060
12 594
-
income
3 257
1 296
15 396
-
health
1 865
742
8 816
-
total
8 186
3 257
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.

26 641
10 603
125 941
-
pensions
5 195
2 068
24 559
-
total
5 195
2 068
24 559
-
Corporate
118 664
137 830
-
-
income
10 680
12 405
-
-
total
10 680
12 405
-
-
Dividends
107 985
125 425
-
-
social contributions
20 936
24 337
-
-
withholding
20 517
23 831
-
-
total
41 453
48 168
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 514
65 898
63 254
46 242
After tax
84 986
84 602
87 246
104 258
Living cost
18 455
18 455
18 455
18 455
Free-cash
66 531
66 147
68 791
85 803

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96108
₽62456
₽56376
₽89860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 166
health
-
-
-
19 565
pensions
-
-
-
30 100
total
-
-
-
69 831
Employee
28 531
-
112 481
-
unemployment
456
-
1 800
-
pensions
571
-
2 250
-
income
3 212
-
21 685
-
total
4 239
-
25 735
-
Employer
28 531
-
112 481
-
health
3 708
-
14 622
-
pensions
5 707
-
22 495
-
unemployment
229
-
899
-
total
9 644
-
38 016
-
Corporate
112 324
150 500
-
-
income
22 464
30 100
-
-
total
22 464
30 100
-
-
Dividends
89 860
120 400
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
36 347
30 100
63 751
69 831
After tax
114 153
120 400
86 749
80 669
Living cost
24 292
24 292
24 292
24 292
Free-cash
89 860
96 108
62 456
56 376

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10209
₽58335
₽80587
₽8754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
40 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
47 513
Employee
35 237
-
133 771
-
pensions
3 968
-
7 768
-
income
4 834
-
29 951
-
health
4 035
-
15 317
-
total
12 837
-
53 036
-
Employer
35 237
-
133 771
-
pensions
5 730
-
11 218
-
accident
588
-
2 234
-
unemployment
863
-
3 277
-
total
7 181
-
16 729
-
Corporate
108 082
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.

97 274
135 450
-
-
total
97 274
135 450
-
-
Dividends
10 808
15 050
-
-
withholding
2 054
2 859
-
-
total
2 054
2 859
-
-
Income
150 500
150 500
150 500
150 500
Total tax
119 346
138 309
69 765
47 513
After tax
31 154
12 191
80 735
102 987
Living cost
22 400
22 400
22 400
22 400
Free-cash
8 754
-10 209
58 335
80 587

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134835
₽112260
₽140855
₽133309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
150 500
-
income
2 035
-
30 100
-
total
2 035
-
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%.

140 326
150 500
-
-
total
-
-
-
-
Dividends
140 326
150 500
-
-
withholding
7 016
7 525
-
-
total
7 016
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 051
7 525
30 100
1 505
After tax
141 449
142 975
120 400
148 995
Living cost
8 140
8 140
8 140
8 140
Free-cash
133 309
134 835
112 260
140 855

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83774
₽59141
₽52913
₽76978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 895
other
-
-
-
7 150
health
-
-
-
6 623
pensions

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

-
-
-
36 120
total
-
-
-
70 788
Employee
36 518
-
120 207
-
unemployment
365
-
1 202
-
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.

2 556
-
8 413
-
income
6 287
-
22 972
-
health
512
-
1 683
-
total
9 720
-
34 270
-
Employer
36 518
-
120 207
-
health
512
-
1 683
-
pensions

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

6 209
-
20 433
-
accident
292
-
962
-
unemployment
365
-
1 202
-
other
1 827
-
6 010
-
total
9 205
-
30 290
-
Corporate
104 779
150 500
-
-
income
22 004
31 604
-
-
total
22 004
31 604
-
-
Dividends
82 775
118 896
-
-
withholding
5 794
8 323
-
-
total
5 794
8 323
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 723
39 927
64 560
70 788
After tax
103 777
110 573
85 940
79 712
Living cost
26 799
26 799
26 799
26 799
Free-cash
76 978
83 774
59 141
52 913

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34415
₽21101
₽34864
₽32170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 295
pensions
-
-
-
8 482
total
-
-
-
48 777
Employee
94 595
-
131 707
-
pensions
9 126
-
10 621
-
income
17 052
-
31 118
-
health
1 559
-
2 008
-
total
27 737
-
43 747
-
Employer
94 595
-
131 707
-
health
1 797
-
2 503
-
pensions
11 169
-
16 290
-
total
12 966
-
18 793
-
Corporate
42 939
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.

8 159
28 595
-
-
total
8 159
28 595
-
-
Dividends
34 780
121 905
-
-
withholding
2 609
20 631
-
-
total
2 609
20 631
-
-
Income
150 500
150 500
150 500
150 500
Total tax
51 471
49 226
62 540
48 777
After tax
99 029
101 274
87 960
101 723
Living cost
66 859
66 859
66 859
66 859
Free-cash
32 170
34 415
21 101
34 864

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115472
₽110939
₽105327
₽110793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 575
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
31 968
Employee
17 485
-
143 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
14 360
-
health
804
-
1 618
-
total
4 280
-
19 454
-
Employer
17 485
-
143 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
129 584
150 500
-
-
income
12 959
15 050
-
-
total
12 959
15 050
-
-
Dividends
116 626
135 450
-
-
withholding
5 831
6 773
-
-
total
5 831
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
26 502
21 823
26 356
31 968
After tax
123 998
128 677
124 144
118 532
Living cost
13 205
13 205
13 205
13 205
Free-cash
110 793
115 472
110 939
105 327

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18345
₽35365
₽29174
₽20873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 370
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
65 556
Employee
93 245
85 887
131 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
16 488
-
health
11 633
11 213
12 402
-
total
37 475
37 055
40 674
-
Employer
93 245
85 887
131 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
40 928
49 573
-
-
income
8 186
9 915
-
-
total
8 186
9 915
-
-
Dividends
32 742
39 658
-
-
income
6 959
8 426
-
-
withholding
4 911
5 949
-
-
total
11 870
14 375
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 857
76 385
59 365
65 556
After tax
76 643
74 115
91 135
84 944
Living cost
55 770
55 770
55 770
55 770
Free-cash
20 873
18 345
35 365
29 174

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽78626
₽51381
₽55093
₽69709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 133
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
20 317
total
-
-
-
70 414
Employee
36 754
-
112 314
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
7 300
-
income
4 411
-
13 478
-
health
4 962
-
15 162
-
total
11 762
-
35 940
-
Employer
36 754
-
112 314
-
health
3 308
-
10 108
-
social contributions
9 189
-
28 078
-
total
12 497
-
38 186
-
Corporate
101 249
150 500
-
-
income
19 237
28 595
-
-
total
19 237
28 595
-
-
Dividends
82 012
121 905
-
-
withholding
12 302
18 286
-
-
total
12 302
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
55 798
46 881
74 126
70 414
After tax
94 702
103 619
76 374
80 086
Living cost
24 993
24 993
24 993
24 993
Free-cash
69 709
78 626
51 381
55 093

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37859
₽24092
₽31047
₽32607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 708
regional
-
-
-
1 749
municipal
-
-
-
895
national
-
-
-
35 662
total
-
-
-
77 014
Employee
89 385
-
150 500
-
municipal
473
-
798
-
national
15 488
-
30 881
-
regional
843
-
1 540
-
social contributions
30 141
-
50 750
-
total
46 945
-
83 969
-
Employer
89 385
-
150 500
-
total
-
-
-
-
Corporate
61 115
150 500
-
-
municipal
2 384
5 869
-
-
nationa
14 668
36 120
-
-
total
17 052
41 989
-
-
Dividends
44 064
108 511
-
-
withholding
11 457
28 213
-
-
total
11 457
28 213
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 454
70 202
83 969
77 014
After tax
75 046
80 298
66 531
73 486
Living cost
42 439
42 439
42 439
42 439
Free-cash
32 607
37 859
24 092
31 047

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72471
₽44626
₽49224
₽69340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 130
other
-
-
-
-
surtax
-
-
-
5 348
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
79 083
Employee
33 259
-
124 329
-
other
-
-
-
-
unemployment
2 315
-
8 654
-
pensions
2 218
-
8 293
-
surtax
109
-
4 621
-
income
5 575
-
32 771
-
health
849
-
3 172
-
total
11 066
-
57 511
-
Employer
33 259
-
124 329
-
health
1 514
-
5 657
-
pensions
4 434
-
16 572
-
unemployment
1 054
-
3 941
-
other
-
-
-
-
total
7 002
-
26 170
-
Corporate
110 240
150 500
-
-
income
28 663
39 130
-
-
total
28 663
39 130
-
-
Dividends
81 577
111 370
-
-
withholding
12 236
16 706
-
-
total
12 236
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 967
55 836
83 681
79 083
After tax
91 533
94 664
66 819
71 417
Living cost
22 193
22 193
22 193
22 193
Free-cash
69 340
72 471
44 626
49 224

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55598
₽42284
₽56047
₽59218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 295
pensions
-
-
-
8 482
total
-
-
-
48 777
Employee
63 395
-
131 707
-
pensions
5 381
-
10 621
-
income
11 418
-
31 118
-
health
920
-
2 008
-
total
17 719
-
43 747
-
Employer
63 395
-
131 707
-
health
1 204
-
2 503
-
pensions
6 863
-
16 290
-
total
8 067
-
18 793
-
Corporate
79 038
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.

15 018
28 595
-
-
total
15 018
28 595
-
-
Dividends
64 020
121 905
-
-
withholding
4 802
20 631
-
-
total
4 802
20 631
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 606
49 226
62 540
48 777
After tax
104 894
101 274
87 960
101 723
Living cost
45 676
45 676
45 676
45 676
Free-cash
59 218
55 598
42 284
56 047

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10925
₽36248
₽43554
₽23195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
regional
-
-
-
6 622
health
-
-
-
338
city
-
-
-
1 587
national
-
-
-
1 795
pensions
-
-
-
13 848
total
-
-
-
27 201
Employee
93 322
-
134 709
-
unemployment
-
-
-
-
pensions
7 840
-
11 314
-
national
442
-
1 446
-
regional
3 056
-
5 686
-
city
1 002
-
1 448
-
health
211
-
303
-
total
12 551
-
20 197
-
Employer
93 322
-
134 709
-
health
211
-
303
-
pensions
7 840
-
11 314
-
unemployment
-
-
-
-
other

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

1 866
-
2 693
-
total
9 917
-
14 310
-
Corporate
46 235
150 500
-
-
regional
9 778
31 830
-
-
national
3 930
12 793
-
-
total
13 708
44 623
-
-
Dividends
32 526
105 877
-
-
withholding
11 384
37 057
-
-
total
11 384
37 057
-
-
Income
150 500
150 500
150 500
150 500
Total tax
47 560
81 680
34 507
27 201
After tax
102 940
68 820
115 993
123 299
Living cost
79 745
79 745
79 745
79 745
Free-cash
23 195
-10 925
36 248
43 554

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28328
₽51594
₽33802
₽44638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
43 566
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.

-
-
-
2 395
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.

-
-
-
6 871
trade
-
-
-
17 792
total
-
-
-
70 624
Employee

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

60 444
-
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.

391
-
2 395
-
income

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

7 108
-
43 566
-
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.

6 871
-
6 871
-
total
14 370
-
52 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 056
150 500
-
-
income
13 509
22 575
-
-
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.

742
1 242
-
-
chamber of commerce
279
365
-
-
trade
15 444
25 810
-
-
total
29 974
49 992
-
-
Dividends
60 082
100 508
-
-
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.

805
1 361
-
-
withholding
14 639
24 745
-
-
total
15 444
26 106
-
-
Income
150 500
150 500
150 500
150 500
Total tax
59 788
76 098
52 832
70 624
After tax
90 712
74 402
97 668
79 876
Living cost
46 074
46 074
46 074
46 074
Free-cash
44 638
28 328
51 594
33 802

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41443
₽51276
₽50835
₽47383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 395
other
-
-
-
4 665
surtax
-
-
-
-
social contributions
-
-
-
4 287
health
-
-
-
5 531
pensions
-
-
-
29 377
total
-
-
-
65 255
Employee
43 044
-
118 105
-
pensions
4 867
-
7 537
-
surtax
-
-
-
-
social contributions
1 227
-
3 365
-
income
2 540
-
21 517
-
total
8 634
-
32 419
-
Employer
43 044
-
118 105
-
health
3 014
-
10 128
-
pensions
7 071
-
12 809
-
unemployment
1 743
-
4 783
-
social contributions
130
-
355
-
other
1 485
-
4 320
-
total
13 443
-
32 395
-
Corporate
94 013
150 500
-
-
income
26 323
42 140
-
-
surtax
-
-
-
-
total
26 323
42 140
-
-
Dividends
67 690
108 360
-
-
surtax
-
-
-
-
social contributions
11 642
18 637
-
-
withholding
8 665
13 870
-
-
total
20 307
32 507
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 707
74 647
64 814
65 255
After tax
81 793
75 853
85 686
85 245
Living cost
34 410
34 410
34 410
34 410
Free-cash
47 383
41 443
51 276
50 835

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44852
₽54685
₽54244
₽50439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 395
other
-
-
-
4 665
surtax
-
-
-
-
social contributions
-
-
-
4 287
health
-
-
-
5 531
pensions
-
-
-
29 377
total
-
-
-
65 255
Employee
38 423
-
118 105
-
pensions
4 346
-
7 537
-
surtax
-
-
-
-
social contributions
1 096
-
3 365
-
income
1 981
-
21 517
-
total
7 423
-
32 419
-
Employer
38 423
-
118 105
-
health
2 689
-
10 128
-
pensions
6 314
-
12 809
-
unemployment
1 556
-
4 783
-
social contributions
115
-
355
-
other
1 326
-
4 320
-
total
12 000
-
32 395
-
Corporate
100 077
150 500
-
-
income
28 022
42 140
-
-
surtax
-
-
-
-
total
28 022
42 140
-
-
Dividends
72 055
108 360
-
-
surtax
-
-
-
-
social contributions
12 393
18 637
-
-
withholding
9 222
13 870
-
-
total
21 615
32 507
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 060
74 647
64 814
65 255
After tax
81 440
75 853
85 686
85 245
Living cost
31 001
31 001
31 001
31 001
Free-cash
50 439
44 852
54 685
54 244

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70489
₽73003
₽75324
₽71014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 575
social contributions
-
-
-
20 769
health
-
-
-
10 505
total
-
-
-
53 849
Employee
34 101
-
150 500
-
social contributions
4 707
-
20 769
-
income
5 688
-
24 896
-
health
2 380
-
10 505
-
total
12 775
-
56 170
-
Employer
34 101
-
150 500
-
total
-
-
-
-
Corporate
116 399
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%.

5 819
7 526
-
-
total
5 819
7 526
-
-
Dividends
110 580
142 974
-
-
social contributions
15 259
19 731
-
-
withholding
16 588
21 447
-
-
health
7 718
9 980
-
-
total
39 565
51 158
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 159
58 684
56 170
53 849
After tax
92 341
91 816
94 330
96 651
Living cost
21 327
21 327
21 327
21 327
Free-cash
71 014
70 489
73 003
75 324

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48092
₽3802
₽41677
₽46531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 691
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
601
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
73 384
Employee
50 263
40 080
116 706
-
other
502
401
1 166
-
unemployment
1 508
1 202
3 500
-
pensions
5 147
4 103
11 952
-
income
5 722
2 956
28 116
-
health
1 945
1 552
4 516
-
total
14 824
10 214
49 250
-
Employer
50 263
40 080
116 706
-
chamber of commerce
200
160
468
-
health
1 899
1 515
4 411
-
pensions
6 308
5 031
14 647
-
accident
653
521
1 517
-
unemployment
1 508
1 202
3 500
-
surtax
198
198
198
-
payroll
1 508
1 202
3 500
-
other
2 388
1 903
5 544
-
total
14 662
11 732
33 785
-
Corporate
85 575
98 685
112 897
-
income

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

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

21 393
24 670
28 224
-
total
21 393
24 670
28 224
-
Dividends
64 182
74 015
-
-
withholding
17 651
20 353
-
-
total
17 651
20 353
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 530
66 969
111 259
73 384
After tax
81 970
83 531
39 241
77 116
Living cost
35 439
35 439
35 439
35 439
Free-cash
46 531
48 092
3 802
41 677

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47556
₽17805
₽29089
₽32468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
7 619
social contributions
-
-
-
23 518
national
-
-
-
53 603
total
-
-
-
84 740
Employee

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

71 942
-
116 567
-
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.

626
-
1 013
-
communal

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

3 752
-
6 081
-
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.

5 396
-
8 743
-
national
22 118
-
40 777
-
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.

3 380
-
5 478
-
total
35 272
-
62 092
-
Employer

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

71 942
-
116 567
-
health

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

4 424
-
7 169
-
pensions

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

6 375
-
10 327
-
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.

935
-
1 515
-
unemployment

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

1 050
-
1 702
-
surtax
8 157
-
13 219
-
total
20 941
-
33 932
-
Corporate
57 617
150 500
-
-
income
11 524
30 100
-
-
surtax
231
601
-
-
total
11 755
30 701
-
-
Dividends
45 862
119 798
-
-
withholding

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

13 393
35 572
-
-
total
13 393
35 572
-
-
Income
150 500
150 500
150 500
150 500
Total tax
81 361
66 273
96 024
84 740
After tax
69 139
84 227
54 476
65 760
Living cost
36 671
36 671
36 671
36 671
Free-cash
32 468
47 556
17 805
29 089

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64318
₽44218
₽48436
₽56955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
37 774
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
65 742
Employee
50 064
-
120 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
34 321
-
total
13 743
-
40 242
-
Employer
50 064
-
120 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
84 479
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.

12 671
22 575
-
-
total
12 671
22 575
-
-
Dividends
71 807
127 925
-
-
withholding
14 851
27 285
-
-
total
14 851
27 285
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 223
49 860
69 960
65 742
After tax
93 277
100 640
80 540
84 758
Living cost
36 322
36 322
36 322
36 322
Free-cash
56 955
64 318
44 218
48 436

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34868
₽28736
₽22738
₽23384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
9 512
accident
-
-
-
1 269
income
-
-
-
21 732
surtax
-
-
-
7 461
health
-
-
-
10 574
pensions
-
-
-
22 558
total
-
-
-
73 106
Employee
76 164
-
134 435
-
pensions
6 092
-
10 755
-
surtax
4 668
-
8 239
-
income
7 357
-
26 067
-
health
3 390
-
5 982
-
total
21 507
-
51 043
-
Employer
76 164
-
134 435
-
health
2 323
-
4 100
-
pensions
6 092
-
10 755
-
accident
685
-
1 210
-
total
9 100
-
16 065
-
Corporate
65 235
150 500
-
-
communal
4 403
10 159
-
-
income
9 785
22 575
-
-
surtax
685
1 580
-
-
total
14 873
34 314
-
-
Dividends
50 362
116 185
-
-
income
19 426
9 235
-
-
withholding
7 554
17 427
-
-
total
26 980
26 662
-
-
Income
150 500
150 500
150 500
150 500
Total tax
72 460
60 976
67 108
73 106
After tax
78 040
89 524
83 392
77 394
Living cost
54 656
54 656
54 656
54 656
Free-cash
23 384
34 868
28 736
22 738

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72074
₽44229
₽48827
₽68874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 130
other
-
-
-
-
surtax
-
-
-
5 348
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
79 083
Employee
33 870
-
124 329
-
other
-
-
-
-
unemployment
2 357
-
8 654
-
pensions
2 260
-
8 293
-
surtax
120
-
4 621
-
income
5 678
-
32 771
-
health
865
-
3 172
-
total
11 280
-
57 511
-
Employer
33 870
-
124 329
-
health
1 540
-
5 657
-
pensions
4 516
-
16 572
-
unemployment
1 075
-
3 941
-
other
-
-
-
-
total
7 131
-
26 170
-
Corporate
109 499
150 500
-
-
income
28 471
39 130
-
-
total
28 471
39 130
-
-
Dividends
81 029
111 370
-
-
withholding
12 154
16 706
-
-
total
12 154
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
59 036
55 836
83 681
79 083
After tax
91 464
94 664
66 819
71 417
Living cost
22 590
22 590
22 590
22 590
Free-cash
68 874
72 074
44 229
48 827

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52012
₽38952
₽45872
₽49782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 708
regional
-
-
-
2 270
municipal
-
-
-
895
national
-
-
-
35 662
total
-
-
-
77 535
Employee
55 790
-
150 500
-
municipal
296
-
798
-
national
8 839
-
30 881
-
regional
751
-
2 026
-
social contributions
18 813
-
50 750
-
total
28 699
-
84 455
-
Employer
55 790
-
150 500
-
total
-
-
-
-
Corporate
94 710
150 500
-
-
municipal
4 707
7 480
-
-
nationa
22 729
36 120
-
-
total
27 436
43 600
-
-
Dividends
67 274
106 900
-
-
withholding
17 490
27 795
-
-
total
17 490
27 795
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 625
71 395
84 455
77 535
After tax
76 875
79 105
66 045
72 965
Living cost
27 093
27 093
27 093
27 093
Free-cash
49 782
52 012
38 952
45 872

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72821
₽45576
₽49288
₽61834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 133
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
20 317
total
-
-
-
70 414
Employee
45 291
-
112 314
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
7 300
-
income
5 435
-
13 478
-
health
6 114
-
15 162
-
total
14 493
-
35 940
-
Employer
45 291
-
112 314
-
health
4 076
-
10 108
-
social contributions
11 323
-
28 078
-
total
15 399
-
38 186
-
Corporate
89 810
150 500
-
-
income
17 064
28 595
-
-
total
17 064
28 595
-
-
Dividends
72 746
121 905
-
-
withholding
10 912
18 286
-
-
total
10 912
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 868
46 881
74 126
70 414
After tax
92 632
103 619
76 374
80 086
Living cost
30 798
30 798
30 798
30 798
Free-cash
61 834
72 821
45 576
49 288

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51550
₽7183
₽45227
₽51048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 691
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
601
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
73 186
Employee
43 964
40 080
116 865
-
other
439
401
1 168
-
unemployment
1 319
1 202
3 506
-
pensions
4 502
4 103
11 967
-
income
3 916
2 956
28 171
-
health
1 701
1 552
4 523
-
total
11 877
10 214
49 335
-
Employer
43 964
40 080
116 865
-
chamber of commerce
176
160
468
-
health
1 662
1 515
4 418
-
pensions
5 518
5 031
14 666
-
accident
571
521
1 519
-
unemployment
1 319
1 202
3 506
-
surtax
-
-
-
-
payroll
1 319
1 202
3 506
-
other
2 088
1 903
5 550
-
total
12 653
11 534
33 633
-
Corporate
93 884
98 884
113 050
-
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.

23 472
24 720
28 262
-
total
23 472
24 720
28 262
-
Dividends
70 412
74 164
-
-
withholding
19 363
20 395
-
-
total
19 363
20 395
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 365
66 863
111 230
73 186
After tax
83 135
83 637
39 270
77 314
Living cost
32 087
32 087
32 087
32 087
Free-cash
51 048
51 550
7 183
45 227

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
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.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130291
₽107716
₽136311
₽127913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
150 500
-
income
3 171
-
30 100
-
total
3 171
-
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%.

134 645
150 500
-
-
total
-
-
-
-
Dividends
134 645
150 500
-
-
withholding
6 732
7 525
-
-
total
6 732
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 903
7 525
30 100
1 505
After tax
140 597
142 975
120 400
148 995
Living cost
12 684
12 684
12 684
12 684
Free-cash
127 913
130 291
107 716
136 311

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76643
₽43897
₽47881
₽68231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 123
unemployment
-
-
-
225
health
-
-
-
14 809
pensions
-
-
-
27 486
total
-
-
-
75 643
Employee

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

44 474
-
130 225
-
unemployment
63
-
183
-
pensions
6 894
-
20 185
-
income
7 670
-
30 573
-
health
2 872
-
8 411
-
total
17 499
-
59 352
-
Employer

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

44 474
-
130 225
-
health
2 962
-
8 673
-
pensions
3 936
-
11 524
-
unemployment
27
-
78
-
total
6 925
-
20 275
-
Corporate
99 101
150 500
-
-
income
18 828
28 595
-
-
total
18 828
28 595
-
-
Dividends
80 273
121 905
-
-
withholding
12 041
18 286
-
-
total
12 041
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
55 293
46 881
79 627
75 643
After tax
95 207
103 619
70 873
74 857
Living cost
26 976
26 976
26 976
26 976
Free-cash
68 231
76 643
43 897
47 881

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47561
₽93081
₽60005
-₽1557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 335
social contributions
-
-
-
17 157
total
-
-
-
46 492
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
150 500
-
-
income
-
33 110
-
-
total
-
33 110
-
-
Dividends
-
117 390
-
-
income
-
25 826
-
-
total
-
25 826
-
-
Income
150 500
150 500
150 500
150 500
Total tax
108 054
58 936
13 416
46 492
After tax
42 446
91 564
137 084
104 008
Living cost
44 003
44 003
44 003
44 003
Free-cash
-1 557
47 561
93 081
60 005

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54057
₽39354
₽49983
₽53045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 671
surtax
-
-
-
-
social contributions

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

-
-
-
52 299
total
-
-
-
68 970
Employee
46 257
-
121 615
-
surtax
-
-
-
-
social contributions
5 088
-
13 377
-
income
9 622
-
37 339
-
total
14 710
-
50 716
-
Employer
46 257
-
121 615
-
social contributions
10 986
-
28 883
-
total
10 986
-
28 883
-
Corporate
93 258
150 500
-
-
income
19 584
31 604
-
-
surtax
-
-
-
-
total
19 584
31 604
-
-
Dividends
73 673
118 896
-
-
withholding
20 628
33 292
-
-
total
20 628
33 292
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 908
64 896
79 599
68 970
After tax
84 592
85 604
70 901
81 530
Living cost
31 547
31 547
31 547
31 547
Free-cash
53 045
54 057
39 354
49 983

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27277
₽37110
₽36669
₽34190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 395
other
-
-
-
4 665
surtax
-
-
-
-
social contributions
-
-
-
4 287
health
-
-
-
5 531
pensions
-
-
-
29 377
total
-
-
-
65 255
Employee
62 992
-
118 105
-
pensions
7 125
-
7 537
-
surtax
-
-
-
-
social contributions
1 794
-
3 365
-
income
5 496
-
21 517
-
total
14 415
-
32 419
-
Employer
62 992
-
118 105
-
health
4 409
-
10 128
-
pensions
10 350
-
12 809
-
unemployment
2 552
-
4 783
-
social contributions
189
-
355
-
other
2 174
-
4 320
-
total
19 674
-
32 395
-
Corporate
67 834
150 500
-
-
income
18 994
42 140
-
-
surtax
-
-
-
-
total
18 994
42 140
-
-
Dividends
48 840
108 360
-
-
surtax
-
-
-
-
social contributions
8 400
18 637
-
-
withholding
6 251
13 870
-
-
total
14 651
32 507
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 734
74 647
64 814
65 255
After tax
82 766
75 853
85 686
85 245
Living cost
48 576
48 576
48 576
48 576
Free-cash
34 190
27 277
37 110
36 669

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
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.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105219
₽85526
₽81528
₽101839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 632
social contributions
-
-
-
33 108
total
-
-
-
38 740
Employee
32 334
-
130 303
-
income
-
-
6 075
-
social contributions
2 101
-
8 470
-
total
2 101
-
14 545
-
Employer
32 334
-
130 303
-
social contributions
5 012
-
20 197
-
total
5 012
-
20 197
-
Corporate
113 154
150 500
-
-
income
11 316
15 049
-
-
total
11 316
15 049
-
-
Dividends
101 838
135 451
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
18 429
15 049
34 742
38 740
After tax
132 071
135 451
115 758
111 760
Living cost
30 232
30 232
30 232
30 232
Free-cash
101 839
105 219
85 526
81 528

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽68526
-₽68526
₽41884
-₽68526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 970
municipal
-
-
-
30 561
national
-
-
-
16 800
pensions
-
-
-
871
total
-
-
-
60 202
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
170 612
170 612
170 612
60 202
After tax
-20 112
-20 112
-20 112
90 298
Living cost
48 414
48 414
48 414
48 414
Free-cash
-68 526
-68 526
-68 526
41 884

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9879
₽58665
₽80917
₽8805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
40 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
47 513
Employee
34 717
-
133 771
-
pensions
3 909
-
7 768
-
income
4 763
-
29 951
-
health
3 975
-
15 317
-
total
12 647
-
53 036
-
Employer
34 717
-
133 771
-
pensions
5 645
-
11 218
-
accident
580
-
2 234
-
unemployment
851
-
3 277
-
total
7 076
-
16 729
-
Corporate
108 707
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.

97 837
135 450
-
-
total
97 837
135 450
-
-
Dividends
10 871
15 050
-
-
withholding
2 065
2 859
-
-
total
2 065
2 859
-
-
Income
150 500
150 500
150 500
150 500
Total tax
119 625
138 309
69 765
47 513
After tax
30 875
12 191
80 735
102 987
Living cost
22 070
22 070
22 070
22 070
Free-cash
8 805
-9 879
58 665
80 917

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57349
₽42032
₽62332
₽59238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
-
-
-
1 897
municipal
-
-
-
26 749
national
-
-
-
20 909
total
-
-
-
49 555
Employee
52 914
-
126 610
-
municipal
8 667
-
20 634
-
unemployment
794
-
1 899
-
pensions
3 571
-
8 547
-
national
874
-
13 354
-
health
395
-
1 531
-
total
14 301
-
45 965
-
Employer
52 914
-
126 610
-
health
407
-
975
-
pensions
9 180
-
21 966
-
accident
53
-
126
-
unemployment
344
-
823
-
total
9 984
-
23 890
-
Corporate
87 602
150 500
-
-
income
17 521
30 100
-
-
total
17 521
30 100
-
-
Dividends

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

52 561
90 300
-
-
municipal
9 461
16 254
-
-
national
1 382
8 184
-
-
total
10 843
24 438
-
-
Income
150 500
150 500
150 500
150 500
Total tax
52 649
54 538
69 855
49 555
After tax
97 851
95 962
80 645
100 945
Living cost
38 613
38 613
38 613
38 613
Free-cash
59 238
57 349
42 032
62 332

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86591
₽79520
₽80915
₽81120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 188
social contributions
-
-
-
16 273
health
-
-
-
3 838
total
-
-
-
46 299
Employee
77 337
77 337
139 266
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
25 436
-
health
599
1 315
2 367
-
total
11 944
14 893
36 460
-
Employer
77 337
77 337
139 266
-
health
651
1 431
2 577
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 234
-
Corporate
111 695
65 313
-
-
income
13 961
8 165
-
-
total
13 961
8 165
-
-
Dividends
97 734
57 148
-
-
withholding
16 614
9 715
-
-
total
16 614
9 715
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 094
40 623
47 694
46 299
After tax
104 406
109 877
102 806
104 201
Living cost
23 286
23 286
23 286
23 286
Free-cash
81 120
86 591
79 520
80 915

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108661
₽89201
₽109374
₽103544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 091
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
25 158
Employee

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

23 085
-
140 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
12 599
-
health
1 962
-
8 112
-
total
7 117
-
35 502
-
Employer

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

23 085
-
140 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
125 038
150 500
-
-
income
11 253
13 545
-
-
total
11 253
13 545
-
-
Dividends
113 785
136 955
-
-
withholding
10 242
12 326
-
-
total
10 242
12 326
-
-
Income
150 500
150 500
150 500
150 500
Total tax
30 988
25 871
45 331
25 158
After tax
119 512
124 629
105 169
125 342
Living cost
15 968
15 968
15 968
15 968
Free-cash
103 544
108 661
89 201
109 374

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72983
₽52883
₽57101
₽68357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
37 774
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
65 742
Employee
37 188
-
120 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
34 321
-
total
9 530
-
40 242
-
Employer
37 188
-
120 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
101 455
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.

15 219
22 575
-
-
total
15 219
22 575
-
-
Dividends
86 236
127 925
-
-
withholding
17 880
27 285
-
-
total
17 880
27 285
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 486
49 860
69 960
65 742
After tax
96 014
100 640
80 540
84 758
Living cost
27 657
27 657
27 657
27 657
Free-cash
68 357
72 983
52 883
57 101

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91953
₽94576
₽94715
₽91632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 361
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
53 826
Employee
2 983
-
148 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
51 286
-
health
149
-
357
-
total
1 024
-
52 357
-
Employer
2 983
-
148 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
146 846
150 500
-
-
income
32 306
33 110
-
-
total
32 306
33 110
-
-
Dividends
114 540
117 390
-
-
withholding
22 908
23 478
-
-
total
22 908
23 478
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 909
56 588
53 965
53 826
After tax
93 591
93 912
96 535
96 674
Living cost
1 959
1 959
1 959
1 959
Free-cash
91 632
91 953
94 576
94 715

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91343
₽71588
₽71587
₽86394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 424
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
61 520
Employee

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

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

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

26 227
-
137 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
33 424
-
health
1 351
-
3 828
-
total
8 835
-
48 215
-
Employer

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

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

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

26 227
-
137 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
119 578
150 500
-
-
income
17 937
22 575
-
-
total
17 937
22 575
-
-
Dividends
101 641
127 925
-
-
withholding
15 246
19 189
-
-
total
15 246
19 189
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 713
41 764
61 519
61 520
After tax
103 787
108 736
88 981
88 980
Living cost
17 393
17 393
17 393
17 393
Free-cash
86 394
91 343
71 588
71 587

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58490
₽43787
₽54416
₽58130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 671
surtax
-
-
-
-
social contributions

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

-
-
-
52 299
total
-
-
-
68 970
Employee
39 035
-
121 615
-
surtax
-
-
-
-
social contributions
4 294
-
13 377
-
income
7 627
-
37 339
-
total
11 921
-
50 716
-
Employer
39 035
-
121 615
-
social contributions
9 270
-
28 883
-
total
9 270
-
28 883
-
Corporate
102 195
150 500
-
-
income
21 460
31 604
-
-
surtax
-
-
-
-
total
21 460
31 604
-
-
Dividends
80 734
118 896
-
-
withholding
22 605
33 292
-
-
total
22 605
33 292
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 256
64 896
79 599
68 970
After tax
85 244
85 604
70 901
81 530
Living cost
27 114
27 114
27 114
27 114
Free-cash
58 130
58 490
43 787
54 416

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65294
₽45194
₽49412
₽58273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
37 774
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
65 742
Employee
48 573
-
120 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
34 321
-
total
13 228
-
40 242
-
Employer
48 573
-
120 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
86 441
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.

12 967
22 575
-
-
total
12 967
22 575
-
-
Dividends
73 474
127 925
-
-
withholding
15 200
27 285
-
-
total
15 200
27 285
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 881
49 860
69 960
65 742
After tax
93 619
100 640
80 540
84 758
Living cost
35 346
35 346
35 346
35 346
Free-cash
58 273
65 294
45 194
49 412

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111352
₽106819
₽101207
₽105215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 575
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
31 968
Employee
22 941
-
143 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
14 360
-
health
1 055
-
1 618
-
total
5 615
-
19 454
-
Employer
22 941
-
143 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
123 058
150 500
-
-
income
12 306
15 050
-
-
total
12 306
15 050
-
-
Dividends
110 752
135 450
-
-
withholding
5 538
6 773
-
-
total
5 538
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
27 960
21 823
26 356
31 968
After tax
122 540
128 677
124 144
118 532
Living cost
17 325
17 325
17 325
17 325
Free-cash
105 215
111 352
106 819
101 207

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
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.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38669
₽58839
₽43952
₽51827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
43 566
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.

-
-
-
2 395
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.

-
-
-
6 871
trade
-
-
-
14 887
total
-
-
-
67 719
Employee

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

50 042
-
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.

227
-
2 395
-
income

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

4 115
-
43 566
-
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.

6 871
-
6 871
-
total
11 213
-
52 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 458
150 500
-
-
income
15 068
22 575
-
-
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.

828
1 242
-
-
chamber of commerce
300
374
-
-
trade
14 416
21 598
-
-
total
30 612
45 789
-
-
Dividends
69 846
104 711
-
-
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.

939
1 418
-
-
withholding
17 080
25 795
-
-
total
18 019
27 213
-
-
Income
150 500
150 500
150 500
150 500
Total tax
59 844
73 002
52 832
67 719
After tax
90 656
77 498
97 668
82 781
Living cost
38 829
38 829
38 829
38 829
Free-cash
51 827
38 669
58 839
43 952

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48058
₽25140
₽25140
₽50279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 577
social contributions
-
-
-
24 491
total
-
-
-
68 068
Employee
78 672
-
150 500
-
income
14 845
-
43 577
-
social contributions
6 536
-
24 491
-
total
21 381
-
68 068
-
Employer
78 672
-
150 500
-
total
-
-
-
-
Corporate
71 828
150 500
-
-
income
8 978
18 813
-
-
total
8 978
18 813
-
-
Dividends
62 850
131 687
-
-
withholding
12 570
26 337
-
-
total
12 570
26 337
-
-
Income
150 500
150 500
150 500
150 500
Total tax
42 929
45 150
68 068
68 068
After tax
107 571
105 350
82 432
82 432
Living cost
57 292
57 292
57 292
57 292
Free-cash
50 279
48 058
25 140
25 140

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56002
₽72127
₽79285
₽59517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
145 874
-
income
5 006
-
32 612
-
social contributions
4 623
-
4 626
-
total
9 629
-
37 238
-
Employer
46 138
-
145 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
99 740
150 500
-
-
income
34 908
52 675
-
-
total
34 908
52 675
-
-
Dividends
64 831
97 825
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 474
57 989
41 864
34 706
After tax
96 026
92 511
108 636
115 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
59 517
56 002
72 127
79 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64141
₽50827
₽64590
₽69989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 295
pensions
-
-
-
8 482
total
-
-
-
48 777
Employee
50 971
-
131 707
-
pensions
3 890
-
10 621
-
income
9 282
-
31 118
-
health
665
-
2 008
-
total
13 837
-
43 747
-
Employer
50 971
-
131 707
-
health
969
-
2 503
-
pensions
5 150
-
16 290
-
total
6 119
-
18 793
-
Corporate
93 411
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.

17 748
28 595
-
-
total
17 748
28 595
-
-
Dividends
75 663
121 905
-
-
withholding
5 674
20 631
-
-
total
5 674
20 631
-
-
Income
150 500
150 500
150 500
150 500
Total tax
43 378
49 226
62 540
48 777
After tax
107 122
101 274
87 960
101 723
Living cost
37 133
37 133
37 133
37 133
Free-cash
69 989
64 141
50 827
64 590

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
-₽12064
₽56480
₽78732
₽8470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
40 422
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
47 513
Employee
38 154
-
133 771
-
pensions
4 296
-
7 768
-
income
5 234
-
29 951
-
health
4 368
-
15 317
-
total
13 898
-
53 036
-
Employer
38 154
-
133 771
-
pensions
6 204
-
11 218
-
accident
637
-
2 234
-
unemployment
935
-
3 277
-
total
7 776
-
16 729
-
Corporate
104 571
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.

94 114
135 450
-
-
total
94 114
135 450
-
-
Dividends
10 457
15 050
-
-
withholding
1 987
2 859
-
-
total
1 987
2 859
-
-
Income
150 500
150 500
150 500
150 500
Total tax
117 775
138 309
69 765
47 513
After tax
32 725
12 191
80 735
102 987
Living cost
24 255
24 255
24 255
24 255
Free-cash
8 470
-12 064
56 480
78 732

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113057
₽90380
₽71113
₽108349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 410
unemployment
-
-
-
1 806
work injury
-
-
-
753
health insurance
-
-
-
11 137
pensions
-
-
-
27 692
total
-
-
-
65 798
Employee

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

21 742
-
150 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
24 410
-
total
8 153
-
46 531
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 758
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%.

1 288
1 505
-
-
total
1 288
1 505
-
-
Dividends
127 471
148 995
-
-
withholding
19 121
22 349
-
-
total
19 121
22 349
-
-
Income
150 500
150 500
150 500
150 500
Total tax
28 562
23 854
46 531
65 798
After tax
121 938
126 646
103 969
84 702
Living cost
13 589
13 589
13 589
13 589
Free-cash
108 349
113 057
90 380
71 113

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39206
₽24912
₽31640
₽34633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 708
regional
-
-
-
3 417
municipal
-
-
-
1 006
national
-
-
-
35 662
total
-
-
-
78 793
Employee
84 751
-
150 500
-
municipal
506
-
897
-
national
14 322
-
30 881
-
regional
1 280
-
2 993
-
social contributions
28 577
-
50 750
-
total
44 685
-
85 521
-
Employer
84 751
-
150 500
-
total
-
-
-
-
Corporate
65 749
150 500
-
-
municipal
3 168
7 255
-
-
nationa
15 780
36 120
-
-
total
18 948
43 375
-
-
Dividends
46 801
107 125
-
-
withholding
12 167
27 852
-
-
total
12 167
27 852
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 800
71 227
85 521
78 793
After tax
74 700
79 273
64 979
71 707
Living cost
40 067
40 067
40 067
40 067
Free-cash
34 633
39 206
24 912
31 640

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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