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
₽58198
₽68585
₽47997
₽51633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 299
trade
-
-
-
16 952
income

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

-
-
-
45 200
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.

-
-
-
2 487
total
-
-
-
70 938
Employee

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

35 268
-
150 500
-
health

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

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

6 299
-
6 299
-
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.

985
-
45 200
-
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.

54
-
2 487
-
total
7 338
-
53 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 232
150 500
-
-
income
17 285
22 575
-
-
chamber of commerce
306
357
-
-
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.

950
1 242
-
-
trade
18 149
23 703
-
-
total
36 690
47 877
-
-
Dividends
78 541
102 623
-
-
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.

1 060
1 391
-
-
withholding
19 285
25 306
-
-
total
20 345
26 697
-
-
Income
150 500
150 500
150 500
150 500
Total tax
64 373
74 574
53 986
70 938
After tax
86 127
75 926
96 514
79 562
Living cost
27 929
27 929
27 929
27 929
Free-cash
58 198
47 997
68 585
51 633

Estimated living cost  is ₽27929 per week

₽17568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45547
₽42662
₽46339
₽41481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 382
pensions
-
-
-
18 060
national
-
-
-
25 386
total
-
-
-
61 446
Employee
73 747
-
130 106
-
pensions
2 950
-
5 204
-
municipal
9 109
-
16 965
-
national
14 115
-
26 289
-
total
26 174
-
48 458
-
Employer
73 747
-
130 106
-
pensions
5 900
-
10 408
-
social contributions
793
-
1 399
-
total
6 693
-
11 807
-
Corporate
65 193
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%.

13 039
30 100
-
-
total
13 039
30 100
-
-
Dividends
52 155
120 400
-
-
withholding
11 474
26 488
-
-
total
11 474
26 488
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 380
56 588
60 265
61 446
After tax
93 120
93 912
90 235
89 054
Living cost
47 573
47 573
47 573
47 573
Free-cash
45 547
46 339
42 662
41 481

Estimated living cost  is ₽47573 per week

₽32335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93654
₽42394
₽101216
₽31728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
35 329
income
-
-
-
25 883
surtax
-
-
-
38 377
microenterprise
-
-
-
-
total
-
-
-
99 589
Employee
26 944
-
111 736
-
social contributions

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

2 964
-
12 088
-
income
4 796
-
21 869
-
surtax
-
-
16 202
-
total
7 760
-
50 159
-
Employer
26 944
-
111 736
-
surtax
-
-
12 291
-
social contributions

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

6 490
-
26 473
-
total
6 490
-
38 764
-
Corporate
117 066
150 500
-
-
income

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

23 413
30 101
-
-
total
23 413
30 101
-
-
Dividends

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

93 653
120 399
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
37 663
30 101
88 923
99 589
After tax
112 837
120 399
61 577
50 911
Living cost
19 183
19 183
19 183
19 183
Free-cash
93 654
101 216
42 394
31 728

Estimated living cost  is ₽19183 per week

₽12238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30055
₽54108
₽35707
₽45291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
11 370
income
-
-
-
44 408
pensions
-
-
-
10 803
total
-
-
-
66 581
Employee
78 743
78 743
133 364
-
pensions
14 174
10 803
10 803
-
health
12 086
10 280
11 370
-
income

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

12 889
12 889
18 455
-
total
39 149
33 972
40 628
-
Employer
78 743
78 743
133 364
-
pensions
5 480
5 480
6 812
-
health
5 473
5 473
6 802
-
unemployment
2 835
2 835
3 522
-
total
13 788
13 788
17 136
-
Corporate
58 935
57 969
-
-
income
11 787
11 594
-
-
total
11 787
11 594
-
-
Dividends
47 148
46 374
-
-
income
10 020
9 855
-
-
withholding
7 073
6 956
-
-
total
17 093
16 811
-
-
Income
150 500
150 500
150 500
150 500
Total tax
81 817
76 165
57 764
66 581
After tax
68 683
74 335
92 736
83 919
Living cost
38 628
38 628
38 628
38 628
Free-cash
30 055
35 707
54 108
45 291

Estimated living cost  is ₽38628 per week

₽27374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43654
₽39668
₽44499
₽40583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
health
-
-
-
5 152
municipal
-
-
-
37 746
pensions
-
-
-
8 926
other
-
-
-
9 594
unemployment
-
-
-
83
national
-
-
-
10 577
total
-
-
-
72 243
Employee
53 682
-
124 557
-
municipal
16 008
-
37 143
-
national
-
-
10 072
-
total
16 008
-
47 215
-
Employer
53 682
-
124 557
-
pensions
5 803
-
8 926
-
other
6 238
-
9 594
-
health
3 301
-
5 078
-
unemployment
1 417
-
2 180
-
accident
107
-
165
-
total
16 866
-
25 943
-
Corporate
79 951
150 500
-
-
income
17 589
33 110
-
-
total
17 589
33 110
-
-
Dividends
62 362
117 390
-
-
withholding
18 709
35 217
-
-
total
18 709
35 217
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 172
68 327
73 158
72 243
After tax
81 328
82 173
77 342
78 257
Living cost
37 674
37 674
37 674
37 674
Free-cash
43 654
44 499
39 668
40 583

Estimated living cost  is ₽37674 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51886
₽60291
₽38929
₽42586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 299
trade
-
-
-
17 705
income

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

-
-
-
45 200
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.

-
-
-
2 487
total
-
-
-
71 691
Employee

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

46 761
-
150 500
-
health

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

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

6 299
-
6 299
-
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.

4 018
-
45 200
-
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.

220
-
2 487
-
total
10 537
-
53 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 739
150 500
-
-
income
15 561
22 575
-
-
chamber of commerce
287
353
-
-
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.

856
1 242
-
-
trade
17 064
24 757
-
-
total
33 768
48 927
-
-
Dividends
69 971
101 573
-
-
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.

943
1 377
-
-
withholding
17 143
25 044
-
-
total
18 086
26 421
-
-
Income
150 500
150 500
150 500
150 500
Total tax
62 391
75 348
53 986
71 691
After tax
88 109
75 152
96 514
78 809
Living cost
36 223
36 223
36 223
36 223
Free-cash
51 886
38 929
60 291
42 586

Estimated living cost  is ₽36223 per week

₽24226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76099
₽72199
₽79922
₽73557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
14 919
health
-
-
-
3 837
income
-
-
-
28 279
total
-
-
-
47 035
Employee
70 904
70 904
139 973
-
health
705
1 206
2 380
-
social contributions
3 445
5 885
7 937
-
income
7 446
6 564
27 549
-
total
11 596
13 655
37 866
-
Employer
70 904
70 904
139 973
-
health
768
1 312
2 590
-
social contributions
3 445
5 885
7 937
-
total
4 213
7 197
10 527
-
Corporate
104 782
72 399
-
-
income
13 098
9 050
-
-
total
13 098
9 050
-
-
Dividends
91 685
63 349
-
-
withholding
15 586
10 768
-
-
total
15 586
10 768
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 493
40 670
48 393
47 035
After tax
106 007
109 830
102 107
103 465
Living cost
29 908
29 908
29 908
29 908
Free-cash
76 099
79 922
72 199
73 557

Estimated living cost  is ₽29908 per week

₽20445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67663
₽69971
₽67304
₽86984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 937
9 924
125 941
-
unemployment
374
149
1 889
-
pensions
2 494
992
12 594
-
health
1 746
695
8 816
-
income
3 048
1 213
15 396
-
total
7 662
3 049
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.

24 937
9 924
125 941
-
pensions
4 863
1 935
24 559
-
total
4 863
1 935
24 559
-
Corporate
120 701
138 640
-
-
income
10 863
12 478
-
-
total
10 863
12 478
-
-
Dividends
109 838
126 163
-
-
social contributions
21 305
24 488
-
-
withholding
20 869
23 971
-
-
total
42 174
48 459
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 562
65 921
63 254
46 241
After tax
84 938
84 579
87 246
104 259
Living cost
17 275
17 275
17 275
17 275
Free-cash
67 663
67 304
69 971
86 984

Estimated living cost  is ₽17275 per week

₽11789
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.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92400
₽64475
₽98127
₽58397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
19 565
income
-
-
-
20 167
pensions
-
-
-
30 099
total
-
-
-
69 831
Employee
26 158
-
112 481
-
unemployment
418
-
1 799
-
pensions
523
-
2 250
-
income
2 945
-
21 686
-
total
3 886
-
25 735
-
Employer
26 158
-
112 481
-
pensions
5 232
-
22 496
-
health
3 400
-
14 623
-
unemployment
210
-
899
-
total
8 842
-
38 018
-
Corporate
115 500
150 500
-
-
income
23 100
30 101
-
-
total
23 100
30 101
-
-
Dividends
92 400
120 399
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
35 828
30 101
63 753
69 831
After tax
114 672
120 399
86 747
80 669
Living cost
22 272
22 272
22 272
22 272
Free-cash
92 400
98 127
64 475
58 397

Estimated living cost  is ₽22272 per week

₽15276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9025
₽60596
-₽8446
₽82298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
237
health
-
-
-
2 046
income
-
-
-
41 032
pensions
-
-
-
3 903
other
-
-
-
348
total
-
-
-
47 566
Employee
32 462
-
134 619
-
pensions
3 655
-
7 156
-
health
3 717
-
15 414
-
income
4 454
-
30 818
-
total
11 826
-
53 388
-
Employer
32 462
-
134 619
-
pensions
5 279
-
10 334
-
unemployment
795
-
3 298
-
accident
542
-
2 248
-
total
6 616
-
15 880
-
Corporate
111 422
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.

100 280
135 450
-
-
total
100 280
135 450
-
-
Dividends
11 142
15 050
-
-
withholding
2 117
2 860
-
-
total
2 117
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
120 839
138 310
69 268
47 566
After tax
29 661
12 190
81 232
102 934
Living cost
20 636
20 636
20 636
20 636
Free-cash
9 025
-8 446
60 596
82 298

Estimated living cost  is ₽20636 per week

₽15125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1143
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.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133945
₽112796
₽135371
₽141391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
150 500
microenterprise

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

-
-
-
1 505
total
-
-
-
1 505
Employee
9 505
-
150 500
-
income
1 901
-
30 100
-
total
1 901
-
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%.

140 995
150 500
-
-
total
-
-
-
-
Dividends
140 995
150 500
-
-
withholding
7 050
7 525
-
-
total
7 050
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
8 951
7 525
30 100
1 505
After tax
141 549
142 975
120 400
148 995
Living cost
7 604
7 604
7 604
7 604
Free-cash
133 945
135 371
112 796
141 391

Estimated living cost  is ₽7604 per week

₽4712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79775
₽61012
₽86002
₽57345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
6 170
income
-
-
-
22 102
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.

-
-
-
33 653
other
-
-
-
6 660
total
-
-
-
68 585
Employee
33 480
-
120 207
-
unemployment
334
-
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.

2 343
-
8 415
-
health
469
-
1 683
-
income
5 764
-
23 325
-
total
8 910
-
34 625
-
Employer
33 480
-
120 207
-
pensions

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

5 692
-
20 435
-
other
1 675
-
6 011
-
health
469
-
1 683
-
unemployment
334
-
1 202
-
accident
268
-
962
-
total
8 438
-
30 293
-
Corporate
108 582
150 500
-
-
income
22 802
31 606
-
-
total
22 802
31 606
-
-
Dividends
85 780
118 894
-
-
withholding
6 005
8 322
-
-
total
6 005
8 322
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 155
39 928
64 918
68 585
After tax
104 345
110 572
85 582
81 915
Living cost
24 570
24 570
24 570
24 570
Free-cash
79 775
86 002
61 012
57 345

Estimated living cost  is ₽24570 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39644
₽26162
₽38854
₽39837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 028
pensions
-
-
-
7 975
total
-
-
-
50 003
Employee
85 825
-
131 557
-
pensions
8 280
-
9 878
-
health
1 414
-
1 944
-
income
15 471
-
32 913
-
total
25 165
-
44 735
-
Employer
85 825
-
131 557
-
pensions
10 133
-
16 444
-
health
1 630
-
2 499
-
total
11 763
-
18 943
-
Corporate
52 911
150 500
-
-
income

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

10 054
28 595
-
-
total
10 054
28 595
-
-
Dividends
42 858
121 905
-
-
withholding
3 214
22 391
-
-
total
3 214
22 391
-
-
Income
150 500
150 500
150 500
150 500
Total tax
50 196
50 986
63 678
50 003
After tax
100 304
99 514
86 822
100 497
Living cost
60 660
60 660
60 660
60 660
Free-cash
39 644
38 854
26 162
39 837

Estimated living cost  is ₽60660 per week

₽45454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112302
₽113007
₽116586
₽107234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
3 704
income
-
-
-
22 575
pensions

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

-
-
-
4 767
unemployment
-
-
-
129
total
-
-
-
31 175
Employee
16 010
-
144 180
-
accident

We are using the highest rate at 1.1%.

176
-
354
-
pensions

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

1 406
-
2 828
-
health
736
-
1 482
-
income
1 601
-
14 418
-
total
3 919
-
19 082
-
Employer
16 010
-
144 180
-
pensions

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

1 765
-
3 550
-
health
1 105
-
2 223
-
unemployment
96
-
193
-
accident

We are using the highest rate at 1.1%.

176
-
354
-
total
3 142
-
6 320
-
Corporate
131 348
150 500
-
-
income
13 135
15 050
-
-
total
13 135
15 050
-
-
Dividends
118 213
135 450
-
-
withholding
5 911
6 773
-
-
total
5 911
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
26 107
21 823
25 402
31 175
After tax
124 393
128 677
125 098
119 325
Living cost
12 091
12 091
12 091
12 091
Free-cash
112 302
116 586
113 007
107 234

Estimated living cost  is ₽12091 per week

₽7059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25522
₽41605
₽23204
₽32788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
11 370
income
-
-
-
44 408
pensions
-
-
-
10 803
total
-
-
-
66 581
Employee
85 489
78 743
133 364
-
pensions
10 803
10 803
10 803
-
health
10 665
10 280
11 370
-
income

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

12 889
12 889
18 455
-
total
34 357
33 972
40 628
-
Employer
85 489
78 743
133 364
-
pensions
5 949
5 480
6 812
-
health
5 941
5 473
6 802
-
unemployment
3 078
2 835
3 522
-
total
14 968
13 788
17 136
-
Corporate
50 043
57 969
-
-
income
10 009
11 594
-
-
total
10 009
11 594
-
-
Dividends
40 034
46 374
-
-
income
8 508
9 855
-
-
withholding
6 005
6 956
-
-
total
14 513
16 811
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 847
76 165
57 764
66 581
After tax
76 653
74 335
92 736
83 919
Living cost
51 131
51 131
51 131
51 131
Free-cash
25 522
23 204
41 605
32 788

Estimated living cost  is ₽51131 per week

₽37718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4567
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.
₽8261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72326
₽53310
₽80555
₽59381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
33 189
health
-
-
-
20 317
income
-
-
-
14 549
solidarity contribution
-
-
-
-
total
-
-
-
68 055
Employee
33 918
-
112 313
-
solidarity contribution
-
-
-
-
health
4 579
-
15 162
-
social contributions
2 205
-
7 300
-
income
4 070
-
13 478
-
total
10 854
-
35 940
-
Employer
33 918
-
112 313
-
health
3 053
-
10 108
-
social contributions
8 480
-
28 078
-
total
11 533
-
38 186
-
Corporate
105 050
150 500
-
-
income
19 959
28 595
-
-
total
19 959
28 595
-
-
Dividends
85 090
121 905
-
-
withholding
12 764
18 286
-
-
total
12 764
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
55 110
46 881
74 126
68 055
After tax
95 390
103 619
76 374
82 445
Living cost
23 064
23 064
23 064
23 064
Free-cash
72 326
80 555
53 310
59 381

Estimated living cost  is ₽23064 per week

₽16021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36574
₽26916
₽41389
₽33716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
894
regional
-
-
-
1 764
national
-
-
-
36 509
total
-
-
-
77 875
Employee
81 949
-
150 500
-
regional
773
-
1 556
-
municipal
434
-
798
-
national
14 200
-
31 572
-
social contributions
27 633
-
50 749
-
total
43 040
-
84 675
-
Employer
81 949
-
150 500
-
total
-
-
-
-
Corporate
68 551
150 500
-
-
municipal
2 674
5 869
-
-
nationa
16 452
36 120
-
-
total
19 126
41 989
-
-
Dividends
49 425
108 511
-
-
withholding
12 851
28 213
-
-
total
12 851
28 213
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 017
70 202
84 675
77 875
After tax
75 483
80 298
65 825
72 625
Living cost
38 909
38 909
38 909
38 909
Free-cash
36 574
41 389
26 916
33 716

Estimated living cost  is ₽38909 per week

₽27122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71446
₽45258
₽74317
₽51029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
8 737
income
-
-
-
39 674
surtax
-
-
-
5 890
pensions
-
-
-
24 613
other
-
-
-
-
unemployment
-
-
-
210
total
-
-
-
79 124
Employee
30 493
-
124 595
-
unemployment
2 123
-
8 565
-
pensions
2 033
-
8 208
-
health
779
-
3 137
-
income
5 111
-
34 159
-
other
-
-
-
-
surtax
100
-
4 922
-
total
10 146
-
58 991
-
Employer
30 493
-
124 595
-
pensions
4 065
-
16 405
-
other
-
-
-
-
health
1 388
-
5 599
-
unemployment
966
-
3 900
-
total
6 419
-
25 904
-
Corporate
113 589
150 500
-
-
income
29 534
39 130
-
-
total
29 534
39 130
-
-
Dividends
84 055
111 370
-
-
withholding
12 608
16 706
-
-
total
12 608
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 707
55 836
84 895
79 124
After tax
91 793
94 664
65 605
71 376
Living cost
20 347
20 347
20 347
20 347
Free-cash
71 446
74 317
45 258
51 029

Estimated living cost  is ₽20347 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64065
₽45380
₽58072
₽59055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 028
pensions
-
-
-
7 975
total
-
-
-
50 003
Employee
57 518
-
131 557
-
pensions
4 882
-
9 878
-
health
835
-
1 944
-
income
10 359
-
32 913
-
total
16 076
-
44 735
-
Employer
57 518
-
131 557
-
pensions
6 226
-
16 444
-
health
1 093
-
2 499
-
total
7 319
-
18 943
-
Corporate
85 663
150 500
-
-
income

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

16 276
28 595
-
-
total
16 276
28 595
-
-
Dividends
69 388
121 905
-
-
withholding
5 322
22 391
-
-
total
5 322
22 391
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 993
50 986
63 678
50 003
After tax
105 507
99 514
86 822
100 497
Living cost
41 442
41 442
41 442
41 442
Free-cash
64 065
58 072
45 380
59 055

Estimated living cost  is ₽41442 per week

₽31048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27020
₽42411
-₽4235
₽49727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
338
pensions
-
-
-
13 846
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.

-
-
-
3 010
regional
-
-
-
6 961
city
-
-
-
1 586
national
-
-
-
1 976
total
-
-
-
27 717
Employee
85 494
-
134 703
-
unemployment
-
-
-
-
pensions
7 183
-
11 316
-
regional
2 800
-
6 025
-
national
405
-
1 627
-
health
193
-
304
-
city
918
-
1 447
-
total
11 499
-
20 719
-
Employer
85 494
-
134 703
-
pensions
7 183
-
11 316
-
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.

1 709
-
2 694
-
health
193
-
304
-
unemployment
-
-
-
-
total
9 085
-
14 314
-
Corporate
54 981
150 500
-
-
regional
11 628
31 830
-
-
national
4 674
12 793
-
-
total
16 302
44 623
-
-
Dividends
38 679
105 877
-
-
withholding
13 538
37 056
-
-
total
13 538
37 056
-
-
Income
150 500
150 500
150 500
150 500
Total tax
50 424
81 679
35 033
27 717
After tax
100 076
68 821
115 467
122 783
Living cost
73 056
73 056
73 056
73 056
Free-cash
27 020
-4 235
42 411
49 727

Estimated living cost  is ₽73056 per week

₽47507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽897
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47090
₽54273
₽32138
₽35814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 299
trade
-
-
-
18 459
income

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

-
-
-
45 200
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.

-
-
-
2 487
total
-
-
-
72 445
Employee

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

55 416
-
150 500
-
health

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

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

6 299
-
6 299
-
income

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

6 516
-
45 200
-
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.

359
-
2 487
-
total
13 174
-
53 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 084
150 500
-
-
income
14 263
22 575
-
-
chamber of commerce
273
352
-
-
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.

784
1 242
-
-
trade
16 307
25 810
-
-
total
31 627
49 979
-
-
Dividends
63 458
100 521
-
-
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.

854
1 363
-
-
withholding
15 514
24 779
-
-
total
16 368
26 142
-
-
Income
150 500
150 500
150 500
150 500
Total tax
61 169
76 121
53 986
72 445
After tax
89 331
74 379
96 514
78 055
Living cost
42 241
42 241
42 241
42 241
Free-cash
47 090
32 138
54 273
35 814

Estimated living cost  is ₽42241 per week

₽30851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49752
₽52486
₽44304
₽53457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 289
health
-
-
-
5 991
income
-
-
-
22 579
surtax
-
-
-
-
pensions
-
-
-
27 971
other
-
-
-
4 665
total
-
-
-
65 495
Employee
39 464
-
117 283
-
pensions
4 462
-
7 820
-
social contributions
1 125
-
3 340
-
income
2 329
-
22 091
-
surtax
-
-
-
-
total
7 916
-
33 251
-
Employer
39 464
-
117 283
-
pensions
6 483
-
13 224
-
other
1 361
-
4 433
-
health
2 763
-
10 455
-
unemployment
1 598
-
4 751
-
social contributions
119
-
352
-
total
12 324
-
33 215
-
Corporate
98 712
150 500
-
-
income
27 639
42 140
-
-
surtax
-
-
-
-
total
27 639
42 140
-
-
Dividends
71 073
108 360
-
-
surtax
-
-
-
-
social contributions
12 224
18 637
-
-
withholding
9 097
13 871
-
-
total
21 321
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 200
74 648
66 466
65 495
After tax
81 300
75 852
84 034
85 005
Living cost
31 548
31 548
31 548
31 548
Free-cash
49 752
44 304
52 486
53 457

Estimated living cost  is ₽31548 per week

₽19892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52553
₽55612
₽47430
₽56583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 289
health
-
-
-
5 991
income
-
-
-
22 579
surtax
-
-
-
-
pensions
-
-
-
27 971
other
-
-
-
4 665
total
-
-
-
65 495
Employee
35 227
-
117 283
-
pensions
3 984
-
7 820
-
social contributions
1 004
-
3 340
-
income
1 816
-
22 091
-
surtax
-
-
-
-
total
6 804
-
33 251
-
Employer
35 227
-
117 283
-
pensions
5 788
-
13 224
-
other
1 216
-
4 433
-
health
2 466
-
10 455
-
unemployment
1 426
-
4 751
-
social contributions
105
-
352
-
total
11 001
-
33 215
-
Corporate
104 272
150 500
-
-
income
29 196
42 140
-
-
surtax
-
-
-
-
total
29 196
42 140
-
-
Dividends
75 076
108 360
-
-
surtax
-
-
-
-
social contributions
12 914
18 637
-
-
withholding
9 610
13 871
-
-
total
22 524
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 525
74 648
66 466
65 495
After tax
80 975
75 852
84 034
85 005
Living cost
28 422
28 422
28 422
28 422
Free-cash
52 553
47 430
55 612
56 583

Estimated living cost  is ₽28422 per week

₽16483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72745
₽74345
₽72267
₽77099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
20 769
health
-
-
-
10 504
income
-
-
-
22 575
total
-
-
-
53 848
Employee
31 264
-
150 500
-
health
2 182
-
10 504
-
social contributions
4 315
-
20 769
-
income
5 215
-
25 329
-
total
11 712
-
56 602
-
Employer
31 264
-
150 500
-
total
-
-
-
-
Corporate
119 236
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%.

5 962
7 524
-
-
total
5 962
7 524
-
-
Dividends
113 274
142 976
-
-
health
7 906
9 979
-
-
social contributions
15 631
19 731
-
-
withholding
16 991
21 446
-
-
total
40 528
51 156
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 202
58 680
56 602
53 848
After tax
92 298
91 820
93 898
96 652
Living cost
19 553
19 553
19 553
19 553
Free-cash
72 745
72 267
74 345
77 099

Estimated living cost  is ₽19553 per week

₽13085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49471
₽7206
₽50895
₽44719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
8 240
surtax
-
-
-
182
income
-
-
-
38 682
chamber of commerce
-
-
-
602
pensions
-
-
-
19 929
unemployment
-
-
-
5 655
total
-
-
-
73 290
Employee
46 082
36 747
118 527
-
unemployment
1 382
1 102
3 232
-
pensions
4 719
3 762
11 031
-
health
1 783
1 423
4 168
-
income
5 246
2 710
30 564
-
other
460
367
1 078
-
total
13 590
9 364
50 073
-
Employer
46 082
36 747
118 527
-
chamber of commerce
184
147
474
-
pensions
5 783
4 613
13 519
-
other
2 189
1 745
5 538
-
health
1 741
1 389
4 072
-
unemployment
1 382
1 102
3 232
-
accident
598
478
1 400
-
surtax
182
182
182
-
payroll
1 382
1 102
3 556
-
total
13 441
10 758
31 973
-
Corporate
90 976
102 995
115 027
-
income

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

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

22 744
25 749
28 757
-
total
22 744
25 749
28 757
-
Dividends
68 232
77 247
-
-
withholding
18 763
21 243
-
-
total
18 763
21 243
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 538
67 114
110 803
73 290
After tax
81 962
83 386
39 697
77 210
Living cost
32 491
32 491
32 491
32 491
Free-cash
49 471
50 895
7 206
44 719

Estimated living cost  is ₽32491 per week

₽21670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36745
₽20030
₽50572
₽31551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
22 989
communal

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

-
-
-
7 650
national
-
-
-
54 689
total
-
-
-
85 328
Employee

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

65 957
-
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.

574
-
1 015
-
pensions

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

4 947
-
8 742
-
national
20 278
-
41 601
-
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.

3 099
-
5 479
-
communal

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

3 440
-
6 081
-
total
32 338
-
62 918
-
Employer

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

65 957
-
116 567
-
pensions

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

5 844
-
10 328
-
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.

4 056
-
7 167
-
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.

962
-
1 703
-
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.

857
-
1 515
-
surtax
7 479
-
13 218
-
total
19 198
-
33 931
-
Corporate
65 343
150 500
-
-
income
13 070
30 101
-
-
surtax
261
602
-
-
total
13 331
30 703
-
-
Dividends
52 013
119 797
-
-
withholding

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

15 267
35 604
-
-
total
15 267
35 604
-
-
Income
150 500
150 500
150 500
150 500
Total tax
80 134
66 307
96 849
85 328
After tax
70 366
84 193
53 651
65 172
Living cost
33 621
33 621
33 621
33 621
Free-cash
36 745
50 572
20 030
31 551

Estimated living cost  is ₽33621 per week

₽21656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
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.
₽8499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60626
₽47424
₽67161
₽51294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
770
income
-
-
-
40 266
pensions
-
-
-
24 186
other
-
-
-
86
unemployment
-
-
-
598
total
-
-
-
65 906
Employee
45 899
-
123 253
-
unemployment
712
-
1 325
-
pensions
2 158
-
4 018
-
income
9 684
-
37 101
-
other
45
-
86
-
total
12 599
-
42 530
-
Employer
45 899
-
123 253
-
pensions
10 831
-
20 170
-
other
366
-
684
-
unemployment
2 525
-
4 700
-
accident
908
-
1 692
-
total
14 630
-
27 246
-
Corporate
89 970
150 500
-
-
income

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

13 495
22 575
-
-
total
13 495
22 575
-
-
Dividends
76 476
127 925
-
-
withholding
15 850
27 464
-
-
total
15 850
27 464
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 574
50 039
69 776
65 906
After tax
93 926
100 461
80 724
84 594
Living cost
33 300
33 300
33 300
33 300
Free-cash
60 626
67 161
47 424
51 294

Estimated living cost  is ₽33300 per week

₽24522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27431
₽31635
₽38650
₽25633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 269
health
-
-
-
10 574
income
-
-
-
23 382
surtax
-
-
-
7 461
pensions
-
-
-
22 559
communal
-
-
-
9 512
total
-
-
-
74 757
Employee
69 829
-
134 437
-
pensions
5 585
-
10 754
-
health
3 108
-
5 983
-
income
6 745
-
27 717
-
surtax
4 280
-
8 238
-
total
19 718
-
52 692
-
Employer
69 829
-
134 437
-
pensions
5 585
-
10 754
-
health
2 130
-
4 100
-
accident
628
-
1 209
-
total
8 343
-
16 063
-
Corporate
72 328
150 500
-
-
income
10 849
22 575
-
-
communal
4 882
10 160
-
-
surtax
759
1 580
-
-
total
16 490
34 315
-
-
Dividends
55 837
116 186
-
-
income
20 032
9 997
-
-
withholding
8 376
17 428
-
-
total
28 408
27 425
-
-
Income
150 500
150 500
150 500
150 500
Total tax
72 959
61 740
68 755
74 757
After tax
77 541
88 760
81 745
75 743
Living cost
50 110
50 110
50 110
50 110
Free-cash
27 431
38 650
31 635
25 633

Estimated living cost  is ₽50110 per week

₽37590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71021
₽44894
₽73953
₽50665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
8 737
income
-
-
-
39 674
surtax
-
-
-
5 890
pensions
-
-
-
24 613
other
-
-
-
-
unemployment
-
-
-
210
total
-
-
-
79 124
Employee
31 053
-
124 595
-
unemployment
2 161
-
8 565
-
pensions
2 072
-
8 208
-
health
793
-
3 137
-
income
5 206
-
34 159
-
other
-
-
-
-
surtax
110
-
4 922
-
total
10 342
-
58 991
-
Employer
31 053
-
124 595
-
pensions
4 140
-
16 405
-
other
-
-
-
-
health
1 412
-
5 599
-
unemployment
985
-
3 900
-
total
6 537
-
25 904
-
Corporate
112 910
150 500
-
-
income
29 357
39 130
-
-
total
29 357
39 130
-
-
Dividends
83 553
111 370
-
-
withholding
12 532
16 706
-
-
total
12 532
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 768
55 836
84 895
79 124
After tax
91 732
94 664
65 605
71 376
Living cost
20 711
20 711
20 711
20 711
Free-cash
71 021
73 953
44 894
50 665

Estimated living cost  is ₽20711 per week

₽12504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1801
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.
₽5927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52220
₽40517
₽54266
₽47281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
894
regional
-
-
-
2 269
national
-
-
-
36 509
total
-
-
-
78 380
Employee
51 150
-
150 500
-
regional
689
-
2 025
-
municipal
271
-
798
-
national
8 103
-
31 572
-
social contributions
17 248
-
50 749
-
total
26 311
-
85 144
-
Employer
51 150
-
150 500
-
total
-
-
-
-
Corporate
99 350
150 500
-
-
municipal
4 938
7 481
-
-
nationa
23 843
36 120
-
-
total
28 781
43 601
-
-
Dividends
70 569
106 899
-
-
withholding
18 349
27 794
-
-
total
18 349
27 794
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 441
71 395
85 144
78 380
After tax
77 059
79 105
65 356
72 120
Living cost
24 839
24 839
24 839
24 839
Free-cash
52 220
54 266
40 517
47 281

Estimated living cost  is ₽24839 per week

₽15448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
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.
₽6450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65059
₽47953
₽75198
₽54024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
33 189
health
-
-
-
20 317
income
-
-
-
14 549
solidarity contribution
-
-
-
-
total
-
-
-
68 055
Employee
41 796
-
112 313
-
solidarity contribution
-
-
-
-
health
5 642
-
15 162
-
social contributions
2 717
-
7 300
-
income
5 015
-
13 478
-
total
13 374
-
35 940
-
Employer
41 796
-
112 313
-
health
3 762
-
10 108
-
social contributions
10 449
-
28 078
-
total
14 211
-
38 186
-
Corporate
94 493
150 500
-
-
income
17 954
28 595
-
-
total
17 954
28 595
-
-
Dividends
76 540
121 905
-
-
withholding
11 481
18 286
-
-
total
11 481
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 020
46 881
74 126
68 055
After tax
93 480
103 619
76 374
82 445
Living cost
28 421
28 421
28 421
28 421
Free-cash
65 059
75 198
47 953
54 024

Estimated living cost  is ₽28421 per week

₽21136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
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.
₽5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53611
₽10337
₽54068
₽47974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
8 240
surtax
-
-
-
-
income
-
-
-
38 682
chamber of commerce
-
-
-
602
pensions
-
-
-
19 929
unemployment
-
-
-
5 655
total
-
-
-
73 108
Employee
40 307
36 747
118 697
-
unemployment
1 209
1 102
3 232
-
pensions
4 128
3 762
11 031
-
health
1 559
1 423
4 168
-
income
3 591
2 710
30 634
-
other
402
367
1 078
-
total
10 889
9 364
50 143
-
Employer
40 307
36 747
118 697
-
chamber of commerce
161
147
474
-
pensions
5 059
4 613
13 519
-
other
1 914
1 745
5 543
-
health
1 524
1 389
4 072
-
unemployment
1 209
1 102
3 232
-
accident
523
478
1 400
-
surtax
-
-
-
-
payroll
1 209
1 102
3 561
-
total
11 599
10 576
31 801
-
Corporate
98 593
103 177
115 199
-
income

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

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

24 648
25 794
28 801
-
total
24 648
25 794
28 801
-
Dividends
73 945
77 383
-
-
withholding
20 335
21 280
-
-
total
20 335
21 280
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 471
67 014
110 745
73 108
After tax
83 029
83 486
39 755
77 392
Living cost
29 418
29 418
29 418
29 418
Free-cash
53 611
54 068
10 337
47 974

Estimated living cost  is ₽29418 per week

₽17647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
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.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128903
₽108550
₽131125
₽137145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 812
-
150 500
-
income
2 963
-
30 100
-
total
2 963
-
30 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

135 688
150 500
-
-
total
-
-
-
-
Dividends
135 688
150 500
-
-
withholding
6 784
7 525
-
-
total
6 784
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 747
7 525
30 100
1 505
After tax
140 753
142 975
120 400
148 995
Living cost
11 850
11 850
11 850
11 850
Free-cash
128 903
131 125
108 550
137 145

Estimated living cost  is ₽11850 per week

₽8019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71174
₽45395
₽78886
₽49377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
150 500
health
-
-
-
14 809
income
-
-
-
33 871
pensions
-
-
-
27 485
unemployment
-
-
-
226
total
-
-
-
76 391
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.

40 775
-
130 225
-
unemployment
58
-
182
-
pensions
6 320
-
20 184
-
health
2 634
-
8 411
-
income
7 032
-
31 321
-
total
16 044
-
60 098
-
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.

40 775
-
130 225
-
pensions
3 608
-
11 524
-
health
2 716
-
8 672
-
unemployment
24
-
79
-
total
6 348
-
20 275
-
Corporate
103 377
150 500
-
-
income
19 642
28 596
-
-
total
19 642
28 596
-
-
Dividends
83 735
121 904
-
-
withholding
12 560
18 286
-
-
total
12 560
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 594
46 882
80 373
76 391
After tax
95 906
103 618
70 127
74 109
Living cost
24 732
24 732
24 732
24 732
Free-cash
71 174
78 886
45 395
49 377

Estimated living cost  is ₽24732 per week

₽16973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8369
₽98864
₽51993
₽64437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
17 157
income
-
-
-
29 335
total
-
-
-
46 492
Employee
56 740
-
-
-
social contributions
4 653
-
663
-
income
12 516
-
-
-
total
17 169
-
663
-
Employer
56 740
-
-
-
social contributions
80 003
-
11 402
-
total
80 003
-
11 402
-
Corporate
13 757
150 500
-
-
income
3 027
33 110
-
-
total
3 027
33 110
-
-
Dividends
10 731
117 390
-
-
income
2 361
25 826
-
-
total
2 361
25 826
-
-
Income
150 500
150 500
150 500
150 500
Total tax
102 560
58 936
12 065
46 492
After tax
47 940
91 564
138 435
104 008
Living cost
39 571
39 571
39 571
39 571
Free-cash
8 369
51 993
98 864
64 437

Estimated living cost  is ₽39571 per week

₽25675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55754
₽41031
₽56680
₽52128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
52 299
income
-
-
-
17 150
surtax
-
-
-
-
total
-
-
-
69 449
Employee
42 409
-
121 615
-
social contributions
4 665
-
13 377
-
income
8 821
-
38 284
-
surtax
-
-
-
-
total
13 486
-
51 661
-
Employer
42 409
-
121 615
-
social contributions
10 072
-
28 885
-
total
10 072
-
28 885
-
Corporate
98 019
150 500
-
-
income
20 583
31 606
-
-
surtax
-
-
-
-
total
20 583
31 606
-
-
Dividends
77 436
118 894
-
-
withholding
21 682
33 291
-
-
total
21 682
33 291
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 823
64 897
80 546
69 449
After tax
84 677
85 603
69 954
81 051
Living cost
28 923
28 923
28 923
28 923
Free-cash
55 754
56 680
41 031
52 128

Estimated living cost  is ₽28923 per week

₽21640
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.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37653
₽39498
₽31316
₽40469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 289
health
-
-
-
5 991
income
-
-
-
22 579
surtax
-
-
-
-
pensions
-
-
-
27 971
other
-
-
-
4 665
total
-
-
-
65 495
Employee
57 752
-
117 283
-
pensions
6 532
-
7 820
-
social contributions
1 645
-
3 340
-
income
5 039
-
22 091
-
surtax
-
-
-
-
total
13 216
-
33 251
-
Employer
57 752
-
117 283
-
pensions
9 489
-
13 224
-
other
1 993
-
4 433
-
health
4 042
-
10 455
-
unemployment
2 340
-
4 751
-
social contributions
173
-
352
-
total
18 037
-
33 215
-
Corporate
74 711
150 500
-
-
income
20 919
42 140
-
-
surtax
-
-
-
-
total
20 919
42 140
-
-
Dividends
53 791
108 360
-
-
surtax
-
-
-
-
social contributions
9 253
18 637
-
-
withholding
6 886
13 871
-
-
total
16 139
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 311
74 648
66 466
65 495
After tax
82 189
75 852
84 034
85 005
Living cost
44 536
44 536
44 536
44 536
Free-cash
37 653
31 316
39 498
40 469

Estimated living cost  is ₽44536 per week

₽30141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104634
₽87530
₽107732
₽83532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
33 110
income
-
-
-
6 140
total
-
-
-
39 250
Employee
29 644
-
130 302
-
social contributions
1 927
-
8 469
-
income
-
-
6 585
-
total
1 927
-
15 054
-
Employer
29 644
-
130 302
-
social contributions
4 595
-
20 198
-
total
4 595
-
20 198
-
Corporate
116 261
150 500
-
-
income
11 626
15 050
-
-
total
11 626
15 050
-
-
Dividends
104 635
135 450
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
18 148
15 050
35 252
39 250
After tax
132 352
135 450
115 248
111 250
Living cost
27 718
27 718
27 718
27 718
Free-cash
104 634
107 732
87 530
83 532

Estimated living cost  is ₽27718 per week

₽17922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50205
-₽50205
-₽50205
₽45078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
31 001
pensions
-
-
-
798
labour market
-
-
-
11 976
national
-
-
-
17 283
total
-
-
-
61 058
Employee
187 251
187 251
187 251
-
pensions
266
266
266
-
municipal
39 874
39 874
39 874
-
national
22 876
22 876
22 876
-
labour market
14 959
14 959
14 959
-
total
77 975
77 975
77 975
-
Employer
187 251
187 251
187 251
-
municipal
39 938
39 938
39 938
-
pensions
532
532
532
-
national
22 916
22 916
22 916
-
labour market
14 980
14 980
14 980
-
total
78 366
78 366
78 366
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
156 341
156 341
156 341
61 058
After tax
-5 841
-5 841
-5 841
89 442
Living cost
44 364
44 364
44 364
44 364
Free-cash
-50 205
-50 205
-50 205
45 078

Estimated living cost  is ₽44364 per week

₽30363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽682
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9072
₽60900
-₽8142
₽82602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
237
health
-
-
-
2 046
income
-
-
-
41 032
pensions
-
-
-
3 903
other
-
-
-
348
total
-
-
-
47 566
Employee
31 984
-
134 619
-
pensions
3 602
-
7 156
-
health
3 662
-
15 414
-
income
4 388
-
30 818
-
total
11 652
-
53 388
-
Employer
31 984
-
134 619
-
pensions
5 200
-
10 334
-
unemployment
784
-
3 298
-
accident
534
-
2 248
-
total
6 518
-
15 880
-
Corporate
111 998
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.

100 798
135 450
-
-
total
100 798
135 450
-
-
Dividends
11 200
15 050
-
-
withholding
2 128
2 860
-
-
total
2 128
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
121 096
138 310
69 268
47 566
After tax
29 404
12 190
81 232
102 934
Living cost
20 332
20 332
20 332
20 332
Free-cash
9 072
-8 142
60 900
82 602

Estimated living cost  is ₽20332 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61676
₽44309
₽59645
₽63401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 934
municipal
-
-
-
26 743
national
-
-
-
23 021
total
-
-
-
51 698
Employee
48 513
-
126 610
-
unemployment
728
-
1 899
-
pensions
3 274
-
8 546
-
municipal
7 946
-
20 629
-
national
801
-
14 262
-
health
362
-
1 564
-
total
13 111
-
46 900
-
Employer
48 513
-
126 610
-
pensions
8 417
-
21 967
-
health
373
-
975
-
unemployment
315
-
822
-
accident
49
-
126
-
total
9 154
-
23 890
-
Corporate
92 834
150 500
-
-
income
18 567
30 101
-
-
total
18 567
30 101
-
-
Dividends

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

55 700
90 300
-
-
national
2 564
9 099
-
-
municipal
10 027
16 254
-
-
total
12 591
25 353
-
-
Income
150 500
150 500
150 500
150 500
Total tax
53 423
55 454
70 790
51 698
After tax
97 077
95 046
79 710
98 802
Living cost
35 401
35 401
35 401
35 401
Free-cash
61 676
59 645
44 309
63 401

Estimated living cost  is ₽35401 per week

₽23124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
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.
₽8310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83463
₽80758
₽88481
₽82116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
14 919
health
-
-
-
3 837
income
-
-
-
28 279
total
-
-
-
47 035
Employee
70 904
70 904
139 973
-
health
549
1 206
2 380
-
social contributions
2 681
5 885
7 937
-
income
7 720
6 564
27 549
-
total
10 950
13 655
37 866
-
Employer
70 904
70 904
139 973
-
health
597
1 312
2 590
-
social contributions
2 681
5 885
7 937
-
total
3 278
7 197
10 527
-
Corporate
114 923
72 399
-
-
income
14 366
9 050
-
-
total
14 366
9 050
-
-
Dividends
100 557
63 349
-
-
withholding
17 094
10 768
-
-
total
17 094
10 768
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 688
40 670
48 393
47 035
After tax
104 812
109 830
102 107
103 465
Living cost
21 349
21 349
21 349
21 349
Free-cash
83 463
88 481
80 758
82 116

Estimated living cost  is ₽21349 per week

₽12795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105299
₽92923
₽109989
₽111419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
150 500
health
-
-
-
3 337
income
-
-
-
15 213
pensions
-
-
-
5 865
unemployment
-
-
-
26
total
-
-
-
24 441
Employee

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

21 165
-
141 488
-
unemployment
105
-
437
-
pensions
3 174
-
13 124
-
health
1 799
-
7 437
-
income
1 447
-
12 928
-
total
6 525
-
33 926
-
Employer

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

21 165
-
141 488
-
pensions
1 164
-
4 812
-
health
910
-
3 762
-
unemployment
105
-
437
-
total
2 179
-
9 011
-
Corporate
127 156
150 500
-
-
income
11 444
13 545
-
-
total
11 444
13 545
-
-
Dividends
115 712
136 955
-
-
withholding
10 413
12 326
-
-
total
10 413
12 326
-
-
Income
150 500
150 500
150 500
150 500
Total tax
30 561
25 871
42 937
24 441
After tax
119 939
124 629
107 563
126 059
Living cost
14 640
14 640
14 640
14 640
Free-cash
105 299
109 989
92 923
111 419

Estimated living cost  is ₽14640 per week

₽9341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71034
₽55368
₽75105
₽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
-
-
-
150 500
accident
-
-
-
770
income
-
-
-
40 266
pensions
-
-
-
24 186
other
-
-
-
86
unemployment
-
-
-
598
total
-
-
-
65 906
Employee
34 095
-
123 253
-
unemployment
528
-
1 325
-
pensions
1 603
-
4 018
-
income
6 573
-
37 101
-
other
33
-
86
-
total
8 737
-
42 530
-
Employer
34 095
-
123 253
-
pensions
8 046
-
20 170
-
other
273
-
684
-
unemployment
1 876
-
4 700
-
accident
675
-
1 692
-
total
10 870
-
27 246
-
Corporate
105 535
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.

15 831
22 575
-
-
total
15 831
22 575
-
-
Dividends
89 704
127 925
-
-
withholding
18 672
27 464
-
-
total
18 672
27 464
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 110
50 039
69 776
65 906
After tax
96 390
100 461
80 724
84 594
Living cost
25 356
25 356
25 356
25 356
Free-cash
71 034
75 105
55 368
59 238

Estimated living cost  is ₽25356 per week

₽17115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91837
₽94870
₽92130
₽94997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
942
income
-
-
-
51 479
pensions
-
-
-
1 300
total
-
-
-
53 721
Employee
2 714
-
149 038
-
unemployment
27
-
65
-
pensions
244
-
585
-
health
136
-
325
-
income
525
-
51 411
-
total
932
-
52 386
-
Employer
2 714
-
149 038
-
pensions
299
-
715
-
health
258
-
617
-
unemployment
54
-
130
-
total
611
-
1 462
-
Corporate
147 176
150 500
-
-
income
32 379
33 110
-
-
total
32 379
33 110
-
-
Dividends
114 797
117 390
-
-
withholding
22 959
23 478
-
-
total
22 959
23 478
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 881
56 588
53 848
53 721
After tax
93 619
93 912
96 652
96 779
Living cost
1 782
1 782
1 782
1 782
Free-cash
91 837
92 130
94 870
94 997

Estimated living cost  is ₽1782 per week

₽1059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88282
₽75074
₽92812
₽75074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
150 500
health
-
-
-
7 009
income
-
-
-
33 779
pensions
-
-
-
17 693
unemployment
-
-
-
1 021
total
-
-
-
59 502
Employee

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

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

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

24 012
-
138 319
-
unemployment
180
-
510
-
pensions
3 362
-
9 527
-
health
1 237
-
3 505
-
income
3 310
-
33 779
-
total
8 089
-
47 321
-
Employer

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

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

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

24 012
-
138 319
-
pensions
2 881
-
8 166
-
health
1 237
-
3 505
-
unemployment
180
-
510
-
total
4 298
-
12 181
-
Corporate
122 190
150 500
-
-
income
18 328
22 575
-
-
total
18 328
22 575
-
-
Dividends
103 861
127 925
-
-
withholding
15 579
19 189
-
-
total
15 579
19 189
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 294
41 764
59 502
59 502
After tax
104 206
108 736
90 998
90 998
Living cost
15 924
15 924
15 924
15 924
Free-cash
88 282
92 812
75 074
75 074

Estimated living cost  is ₽15924 per week

₽10722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60414
₽45095
₽60744
₽56192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
52 299
income
-
-
-
17 150
surtax
-
-
-
-
total
-
-
-
69 449
Employee
35 788
-
121 615
-
social contributions
3 937
-
13 377
-
income
6 993
-
38 284
-
surtax
-
-
-
-
total
10 930
-
51 661
-
Employer
35 788
-
121 615
-
social contributions
8 499
-
28 885
-
total
8 499
-
28 885
-
Corporate
106 213
150 500
-
-
income
22 305
31 606
-
-
surtax
-
-
-
-
total
22 305
31 606
-
-
Dividends
83 908
118 894
-
-
withholding
23 493
33 291
-
-
total
23 493
33 291
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 227
64 897
80 546
69 449
After tax
85 273
85 603
69 954
81 051
Living cost
24 859
24 859
24 859
24 859
Free-cash
60 414
60 744
45 095
56 192

Estimated living cost  is ₽24859 per week

₽17607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61832
₽48318
₽68055
₽52188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
770
income
-
-
-
40 266
pensions
-
-
-
24 186
other
-
-
-
86
unemployment
-
-
-
598
total
-
-
-
65 906
Employee
44 533
-
123 253
-
unemployment
689
-
1 325
-
pensions
2 093
-
4 018
-
income
9 301
-
37 101
-
other
44
-
86
-
total
12 127
-
42 530
-
Employer
44 533
-
123 253
-
pensions
10 510
-
20 170
-
other
357
-
684
-
unemployment
2 450
-
4 700
-
accident
882
-
1 692
-
total
14 199
-
27 246
-
Corporate
91 769
150 500
-
-
income

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

13 766
22 575
-
-
total
13 766
22 575
-
-
Dividends
78 003
127 925
-
-
withholding
16 170
27 464
-
-
total
16 170
27 464
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 262
50 039
69 776
65 906
After tax
94 238
100 461
80 724
84 594
Living cost
32 406
32 406
32 406
32 406
Free-cash
61 832
68 055
48 318
52 188

Estimated living cost  is ₽32406 per week

₽23273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107193
₽109234
₽112813
₽103461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
3 704
income
-
-
-
22 575
pensions

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

-
-
-
4 767
unemployment
-
-
-
129
total
-
-
-
31 175
Employee
21 006
-
144 180
-
accident

We are using the highest rate at 1.1%.

231
-
354
-
pensions

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

1 844
-
2 828
-
health
966
-
1 482
-
income
2 101
-
14 418
-
total
5 142
-
19 082
-
Employer
21 006
-
144 180
-
pensions

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

2 315
-
3 550
-
health
1 450
-
2 223
-
unemployment
126
-
193
-
accident

We are using the highest rate at 1.1%.

231
-
354
-
total
4 122
-
6 320
-
Corporate
125 372
150 500
-
-
income
12 537
15 050
-
-
total
12 537
15 050
-
-
Dividends
112 835
135 450
-
-
withholding
5 642
6 773
-
-
total
5 642
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
27 443
21 823
25 402
31 175
After tax
123 057
128 677
125 098
119 325
Living cost
15 864
15 864
15 864
15 864
Free-cash
107 193
112 813
109 234
103 461

Estimated living cost  is ₽15864 per week

₽10492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53935
₽60915
₽41876
₽45471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 299
trade
-
-
-
15 444
income

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

-
-
-
45 200
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.

-
-
-
2 487
total
-
-
-
69 430
Employee

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

45 880
-
150 500
-
health

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

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

6 299
-
6 299
-
income

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

3 773
-
45 200
-
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.

208
-
2 487
-
total
10 280
-
53 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 620
150 500
-
-
income
15 693
22 575
-
-
chamber of commerce
294
360
-
-
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.

863
1 242
-
-
trade
15 014
21 596
-
-
total
31 864
45 773
-
-
Dividends
72 758
104 726
-
-
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.

982
1 421
-
-
withholding
17 840
25 831
-
-
total
18 822
27 252
-
-
Income
150 500
150 500
150 500
150 500
Total tax
60 966
73 025
53 986
69 430
After tax
89 534
77 475
96 514
81 070
Living cost
35 599
35 599
35 599
35 599
Free-cash
53 935
41 876
60 915
45 471

Estimated living cost  is ₽35599 per week

₽24557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54860
₽28183
₽52825
₽28183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
24 833
income
-
-
-
44 958
total
-
-
-
69 791
Employee
72 128
-
150 500
-
social contributions
5 992
-
24 833
-
income
13 610
-
44 958
-
total
19 602
-
69 791
-
Employer
72 128
-
150 500
-
total
-
-
-
-
Corporate
78 372
150 500
-
-
income
9 797
18 812
-
-
total
9 797
18 812
-
-
Dividends
68 575
131 688
-
-
withholding
13 715
26 337
-
-
total
13 715
26 337
-
-
Income
150 500
150 500
150 500
150 500
Total tax
43 114
45 149
69 791
69 791
After tax
107 386
105 351
80 709
80 709
Living cost
52 526
52 526
52 526
52 526
Free-cash
54 860
52 825
28 183
28 183

Estimated living cost  is ₽52526 per week

₽39961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62704
₽74263
₽59481
₽85100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 248
health

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

-
-
-
5 680
total
-
-
-
31 928
Employee
42 300
-
146 258
-
social contributions
4 238
-
4 242
-
income
4 590
-
34 281
-
total
8 828
-
38 523
-
Employer
42 300
-
146 258
-
social contributions
4 238
-
4 242
-
total
4 238
-
4 242
-
Corporate
103 962
150 500
-
-
income
36 386
52 675
-
-
total
36 386
52 675
-
-
Dividends
67 576
97 825
-
-
social contributions
4 872
4 872
-
-
total
4 872
4 872
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 324
57 547
42 765
31 928
After tax
96 176
92 953
107 735
118 572
Living cost
33 472
33 472
33 472
33 472
Free-cash
62 704
59 481
74 263
85 100

Estimated living cost  is ₽33472 per week

₽22048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71194
₽53131
₽65823
₽66806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 028
pensions
-
-
-
7 975
total
-
-
-
50 003
Employee
46 245
-
131 557
-
pensions
3 530
-
9 878
-
health
603
-
1 944
-
income
8 422
-
32 913
-
total
12 555
-
44 735
-
Employer
46 245
-
131 557
-
pensions
4 672
-
16 444
-
health
879
-
2 499
-
total
5 551
-
18 943
-
Corporate
98 704
150 500
-
-
income

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

18 753
28 595
-
-
total
18 753
28 595
-
-
Dividends
79 951
121 905
-
-
withholding
8 756
22 391
-
-
total
8 756
22 391
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 615
50 986
63 678
50 003
After tax
104 885
99 514
86 822
100 497
Living cost
33 691
33 691
33 691
33 691
Free-cash
71 194
65 823
53 131
66 806

Estimated living cost  is ₽33691 per week

₽23111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
₽8764
₽58887
-₽10155
₽80589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
237
health
-
-
-
2 046
income
-
-
-
41 032
pensions
-
-
-
3 903
other
-
-
-
348
total
-
-
-
47 566
Employee
35 150
-
134 619
-
pensions
3 958
-
7 156
-
health
4 024
-
15 414
-
income
4 822
-
30 818
-
total
12 804
-
53 388
-
Employer
35 150
-
134 619
-
pensions
5 715
-
10 334
-
unemployment
861
-
3 298
-
accident
587
-
2 248
-
total
7 163
-
15 880
-
Corporate
108 187
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.

97 368
135 450
-
-
total
97 368
135 450
-
-
Dividends
10 819
15 050
-
-
withholding
2 056
2 860
-
-
total
2 056
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
119 391
138 310
69 268
47 566
After tax
31 109
12 190
81 232
102 934
Living cost
22 345
22 345
22 345
22 345
Free-cash
8 764
-10 155
58 887
80 589

Estimated living cost  is ₽22345 per week

₽16399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽109896
₽93172
₽114206
₽72922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 636
health insurance
-
-
-
10 899
pensions
-
-
-
27 100
unemployment
-
-
-
1 767
work injury
-
-
-
736
total
-
-
-
65 138
Employee

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

19 904
-
150 500
-
unemployment
239
-
884
-
pensions
3 662
-
13 550
-
work injury
100
-
368
-
income
1 990
-
24 636
-
health insurance
1 473
-
5 450
-
total
7 464
-
44 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 596
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%.

1 306
1 505
-
-
total
1 306
1 505
-
-
Dividends
129 290
148 995
-
-
withholding
19 394
22 349
-
-
total
19 394
22 349
-
-
Income
150 500
150 500
150 500
150 500
Total tax
28 164
23 854
44 888
65 138
After tax
122 336
126 646
105 612
85 362
Living cost
12 440
12 440
12 440
12 440
Free-cash
109 896
114 206
93 172
72 922

Estimated living cost  is ₽12440 per week

₽7707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38346
₽27501
₽42539
₽34109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 006
regional
-
-
-
3 434
national
-
-
-
36 509
total
-
-
-
79 657
Employee
77 701
-
150 500
-
regional
1 173
-
3 046
-
municipal
464
-
898
-
national
13 131
-
31 572
-
social contributions
26 200
-
50 749
-
total
40 968
-
86 265
-
Employer
77 701
-
150 500
-
total
-
-
-
-
Corporate
72 799
150 500
-
-
municipal
3 508
7 255
-
-
nationa
17 472
36 120
-
-
total
20 980
43 375
-
-
Dividends
51 819
107 125
-
-
withholding
13 472
27 852
-
-
total
13 472
27 852
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 420
71 227
86 265
79 657
After tax
75 080
79 273
64 235
70 843
Living cost
36 734
36 734
36 734
36 734
Free-cash
38 346
42 539
27 501
34 109

Estimated living cost  is ₽36734 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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