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
₽58538
₽48538
₽68884
₽51801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 083
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.

-
-
-
45 553
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.

-
-
-
6 176
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.

-
-
-
2 505
total
-
-
-
71 317
Employee

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

34 577
-
150 500
-
surtax

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

53
-
2 505
-
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.

6 176
-
6 176
-
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.

966
-
45 553
-
total
7 195
-
54 234
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 923
150 500
-
-
trade
18 258
23 704
-
-
income
17 389
22 575
-
-
surtax

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

956
1 242
-
-
chamber of commerce
304
353
-
-
total
36 907
47 874
-
-
Dividends
79 017
102 626
-
-
withholding
19 411
25 313
-
-
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.

1 067
1 393
-
-
total
20 478
26 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
64 580
74 580
54 234
71 317
After tax
85 920
75 920
96 266
79 183
Living cost
27 382
27 382
27 382
27 382
Free-cash
58 538
48 538
68 884
51 801

Estimated living cost  is ₽27382 per week

₽17224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46099
₽46881
₽43171
₽41988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 060
municipal
-
-
-
16 396
national
-
-
-
25 407
total
-
-
-
61 481
Employee
72 907
-
130 106
-
national
13 954
-
26 309
-
municipal
9 005
-
16 978
-
pensions
2 916
-
5 204
-
total
25 875
-
48 491
-
Employer
72 907
-
130 106
-
pensions
5 833
-
10 408
-
social contributions
784
-
1 399
-
total
6 617
-
11 807
-
Corporate
66 165
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%.

13 233
30 100
-
-
total
13 233
30 100
-
-
Dividends
52 932
120 400
-
-
withholding
11 645
26 488
-
-
total
11 645
26 488
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 370
56 588
60 298
61 481
After tax
93 130
93 912
90 202
89 019
Living cost
47 031
47 031
47 031
47 031
Free-cash
46 099
46 881
43 171
41 988

Estimated living cost  is ₽47031 per week

₽31966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94178
₽101592
₽43225
₽32376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 637
income
-
-
-
26 302
microenterprise
-
-
-
-
surtax
-
-
-
38 378
total
-
-
-
99 317
Employee
26 416
-
112 202
-
surtax
-
-
16 270
-
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.

2 906
-
11 851
-
income
4 702
-
22 051
-
total
7 608
-
50 172
-
Employer
26 416
-
112 202
-
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.

6 363
-
25 954
-
surtax
-
-
12 342
-
total
6 363
-
38 296
-
Corporate
117 721
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%.

23 544
30 101
-
-
total
23 544
30 101
-
-
Dividends

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

94 177
120 399
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
37 515
30 101
88 468
99 317
After tax
112 985
120 399
62 032
51 183
Living cost
18 807
18 807
18 807
18 807
Free-cash
94 178
101 592
43 225
32 376

Estimated living cost  is ₽18807 per week

₽11998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30973
₽36511
₽55209
₽45825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 065
pensions
-
-
-
10 592
health
-
-
-
11 148
total
-
-
-
66 805
Employee
77 199
77 199
133 700
-
health
11 849
10 079
11 148
-
pensions
13 896
10 592
10 592
-
income

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

12 636
12 636
18 881
-
total
38 381
33 307
40 621
-
Employer
77 199
77 199
133 700
-
pensions
5 373
5 373
6 679
-
unemployment
2 779
2 779
3 453
-
health
5 366
5 366
6 668
-
total
13 518
13 518
16 800
-
Corporate
60 730
59 783
-
-
income
12 146
11 957
-
-
total
12 146
11 957
-
-
Dividends
48 584
47 825
-
-
withholding
7 288
7 174
-
-
income
10 324
10 163
-
-
total
17 612
17 337
-
-
Income
150 500
150 500
150 500
150 500
Total tax
81 657
76 119
57 421
66 805
After tax
68 843
74 381
93 079
83 695
Living cost
37 870
37 870
37 870
37 870
Free-cash
30 973
36 511
55 209
45 825

Estimated living cost  is ₽37870 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42875
₽43738
₽39096
₽40030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
9 788
unemployment
-
-
-
84
pensions
-
-
-
9 106
municipal
-
-
-
37 602
accident
-
-
-
168
national
-
-
-
10 031
health
-
-
-
5 256
total
-
-
-
72 035
Employee
54 766
-
124 033
-
national
-
-
9 515
-
municipal
16 331
-
36 987
-
total
16 331
-
46 502
-
Employer
54 766
-
124 033
-
other
6 364
-
9 788
-
accident
110
-
168
-
pensions
5 920
-
9 106
-
unemployment
1 446
-
2 224
-
health
3 368
-
5 181
-
total
17 208
-
26 467
-
Corporate
78 527
150 500
-
-
income
17 276
33 110
-
-
total
17 276
33 110
-
-
Dividends
61 251
117 390
-
-
withholding
18 375
35 217
-
-
total
18 375
35 217
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 190
68 327
72 969
72 035
After tax
81 310
82 173
77 531
78 465
Living cost
38 435
38 435
38 435
38 435
Free-cash
42 875
43 738
39 096
40 030

Estimated living cost  is ₽38435 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52336
₽39633
₽60753
₽42910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 843
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.

-
-
-
45 553
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.

-
-
-
6 176
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.

-
-
-
2 505
total
-
-
-
72 077
Employee

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

45 844
-
150 500
-
surtax

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

216
-
2 505
-
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.

6 176
-
6 176
-
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.

3 939
-
45 553
-
total
10 331
-
54 234
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 656
150 500
-
-
trade
17 215
24 757
-
-
income
15 699
22 575
-
-
surtax

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

863
1 242
-
-
chamber of commerce
286
352
-
-
total
34 063
48 926
-
-
Dividends
70 592
101 575
-
-
withholding
17 305
25 050
-
-
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.

952
1 378
-
-
total
18 257
26 428
-
-
Income
150 500
150 500
150 500
150 500
Total tax
62 651
75 354
54 234
72 077
After tax
87 849
75 146
96 266
78 423
Living cost
35 513
35 513
35 513
35 513
Free-cash
52 336
39 633
60 753
42 910

Estimated living cost  is ₽35513 per week

₽23752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3745
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.
₽7487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76749
₽80497
₽72633
₽73981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 627
income
-
-
-
28 732
health
-
-
-
3 838
total
-
-
-
47 197
Employee
69 514
69 514
140 126
-
health
691
1 182
2 383
-
social contributions
3 378
5 769
7 782
-
income
7 300
6 435
28 006
-
total
11 369
13 386
38 171
-
Employer
69 514
69 514
140 126
-
social contributions
3 378
5 769
7 782
-
health
753
1 287
2 592
-
total
4 131
7 056
10 374
-
Corporate
105 678
73 930
-
-
income
13 210
9 242
-
-
total
13 210
9 242
-
-
Dividends
92 469
64 688
-
-
withholding
15 719
10 997
-
-
total
15 719
10 997
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 429
40 681
48 545
47 197
After tax
106 071
109 819
101 955
103 303
Living cost
29 322
29 322
29 322
29 322
Free-cash
76 749
80 497
72 633
73 981

Estimated living cost  is ₽29322 per week

₽20044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
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.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68001
₽67647
₽70321
₽87333
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

24 432
9 723
125 941
-
unemployment
366
146
1 889
-
health
1 710
681
8 816
-
pensions
2 443
972
12 594
-
income
2 987
1 189
15 396
-
total
7 506
2 988
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.

24 432
9 723
125 941
-
pensions
4 764
1 896
24 559
-
total
4 764
1 896
24 559
-
Corporate
121 304
138 880
-
-
income
10 917
12 499
-
-
total
10 917
12 499
-
-
Dividends
110 387
126 381
-
-
withholding
20 973
24 012
-
-
social contributions
21 414
24 533
-
-
total
42 387
48 545
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 574
65 928
63 254
46 242
After tax
84 926
84 572
87 246
104 258
Living cost
16 925
16 925
16 925
16 925
Free-cash
68 001
67 647
70 321
87 333

Estimated living cost  is ₽16925 per week

₽11550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92950
₽98564
₽64911
₽58832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
20 168
pensions
-
-
-
30 099
health
-
-
-
19 566
total
-
-
-
69 833
Employee
25 645
-
112 479
-
unemployment
410
-
1 800
-
pensions
513
-
2 249
-
income
2 887
-
21 686
-
total
3 810
-
25 735
-
Employer
25 645
-
112 479
-
pensions
5 129
-
22 496
-
unemployment
206
-
901
-
health
3 333
-
14 622
-
total
8 668
-
38 019
-
Corporate
116 186
150 500
-
-
income
23 237
30 101
-
-
total
23 237
30 101
-
-
Dividends
92 949
120 399
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
35 715
30 101
63 754
69 833
After tax
114 785
120 399
86 746
80 667
Living cost
21 835
21 835
21 835
21 835
Free-cash
92 950
98 564
64 911
58 832

Estimated living cost  is ₽21835 per week

₽14977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9071
-₽8159
₽60963
₽82577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
343
income
-
-
-
41 131
pensions
-
-
-
3 849
accident
-
-
-
234
health
-
-
-
2 017
total
-
-
-
47 574
Employee
32 010
-
134 758
-
health
3 665
-
15 430
-
pensions
3 604
-
7 057
-
income
4 391
-
30 959
-
total
11 660
-
53 446
-
Employer
32 010
-
134 758
-
accident
534
-
2 250
-
pensions
5 205
-
10 190
-
unemployment
784
-
3 302
-
total
6 523
-
15 742
-
Corporate
111 966
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.

100 770
135 450
-
-
total
100 770
135 450
-
-
Dividends
11 197
15 050
-
-
withholding
2 127
2 860
-
-
total
2 127
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
121 080
138 310
69 188
47 574
After tax
29 420
12 190
81 312
102 926
Living cost
20 349
20 349
20 349
20 349
Free-cash
9 071
-8 159
60 963
82 577

Estimated living cost  is ₽20349 per week

₽14914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1127
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.
₽3883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134264
₽135639
₽113064
₽141659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 170
-
150 500
-
income
1 834
-
30 100
-
total
1 834
-
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%.

141 330
150 500
-
-
total
-
-
-
-
Dividends
141 330
150 500
-
-
withholding
7 066
7 525
-
-
total
7 066
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
8 900
7 525
30 100
1 505
After tax
141 600
142 975
120 400
148 995
Living cost
7 336
7 336
7 336
7 336
Free-cash
134 264
135 639
113 064
141 659

Estimated living cost  is ₽7336 per week

₽4547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80378
₽86485
₽61416
₽58434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
6 529
income
-
-
-
22 407
pensions

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

-
-
-
32 993
health
-
-
-
6 049
total
-
-
-
67 978
Employee
32 824
-
120 207
-
unemployment
328
-
1 203
-
health
460
-
1 683
-
pensions

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

2 297
-
8 415
-
income
5 651
-
23 402
-
total
8 736
-
34 703
-
Employer
32 824
-
120 207
-
other
1 642
-
6 010
-
accident
262
-
962
-
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.

5 581
-
20 435
-
unemployment
328
-
1 203
-
health
460
-
1 683
-
total
8 273
-
30 293
-
Corporate
109 404
150 500
-
-
income
22 974
31 605
-
-
total
22 974
31 605
-
-
Dividends
86 429
118 895
-
-
withholding
6 051
8 322
-
-
total
6 051
8 322
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 034
39 927
64 996
67 978
After tax
104 466
110 573
85 504
82 522
Living cost
24 088
24 088
24 088
24 088
Free-cash
80 378
86 485
61 416
58 434

Estimated living cost  is ₽24088 per week

₽17020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
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.
₽5054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40306
₽39248
₽26613
₽40278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 182
pensions
-
-
-
7 930
total
-
-
-
50 112
Employee
85 047
-
131 543
-
health
1 401
-
1 938
-
pensions
8 205
-
9 810
-
income
15 331
-
33 072
-
total
24 937
-
44 820
-
Employer
85 047
-
131 543
-
pensions
10 042
-
16 457
-
health
1 615
-
2 500
-
total
11 657
-
18 957
-
Corporate
53 796
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.

10 222
28 595
-
-
total
10 222
28 595
-
-
Dividends
43 574
121 905
-
-
withholding
3 268
22 547
-
-
total
3 268
22 547
-
-
Income
150 500
150 500
150 500
150 500
Total tax
50 084
51 142
63 777
50 112
After tax
100 416
99 358
86 723
100 388
Living cost
60 110
60 110
60 110
60 110
Free-cash
40 306
39 248
26 613
40 278

Estimated living cost  is ₽60110 per week

₽45042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112871
₽117005
₽113782
₽107950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
124
income
-
-
-
22 575
pensions

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

-
-
-
4 602
health
-
-
-
3 576
total
-
-
-
30 877
Employee
15 456
-
144 399
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
health
711
-
1 430
-
pensions

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

1 357
-
2 731
-
income
1 545
-
14 440
-
total
3 783
-
18 943
-
Employer
15 456
-
144 399
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
pensions

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

1 703
-
3 427
-
unemployment
92
-
187
-
health
1 067
-
2 146
-
total
3 032
-
6 102
-
Corporate
132 011
150 500
-
-
income
13 201
15 050
-
-
total
13 201
15 050
-
-
Dividends
118 810
135 450
-
-
withholding
5 940
6 772
-
-
total
5 940
6 772
-
-
Income
150 500
150 500
150 500
150 500
Total tax
25 956
21 822
25 045
30 877
After tax
124 544
128 678
125 455
119 623
Living cost
11 673
11 673
11 673
11 673
Free-cash
112 871
117 005
113 782
107 950

Estimated living cost  is ₽11673 per week

₽6815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26526
₽24252
₽42950
₽33566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 065
pensions
-
-
-
10 592
health
-
-
-
11 148
total
-
-
-
66 805
Employee
83 813
77 199
133 700
-
health
10 456
10 079
11 148
-
pensions
10 592
10 592
10 592
-
income

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

12 636
12 636
18 881
-
total
33 684
33 307
40 621
-
Employer
83 813
77 199
133 700
-
pensions
5 833
5 373
6 679
-
unemployment
3 018
2 779
3 453
-
health
5 824
5 366
6 668
-
total
14 675
13 518
16 800
-
Corporate
52 012
59 783
-
-
income
10 403
11 957
-
-
total
10 403
11 957
-
-
Dividends
41 609
47 825
-
-
withholding
6 241
7 174
-
-
income
8 842
10 163
-
-
total
15 083
17 337
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 845
76 119
57 421
66 805
After tax
76 655
74 381
93 079
83 695
Living cost
50 129
50 129
50 129
50 129
Free-cash
26 526
24 252
42 950
33 566

Estimated living cost  is ₽50129 per week

₽36978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73071
₽81103
₽54162
₽60601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
32 399
income
-
-
-
14 667
health
-
-
-
20 317
solidarity contribution
-
-
-
-
total
-
-
-
67 383
Employee
33 112
-
112 624
-
solidarity contribution
-
-
-
-
health
4 470
-
15 204
-
social contributions
2 152
-
7 212
-
income
3 973
-
13 531
-
total
10 595
-
35 947
-
Employer
33 112
-
112 624
-
social contributions
8 278
-
27 739
-
health
2 980
-
10 136
-
total
11 258
-
37 875
-
Corporate
106 130
150 500
-
-
income
20 165
28 595
-
-
total
20 165
28 595
-
-
Dividends
85 966
121 905
-
-
withholding
12 895
18 286
-
-
total
12 895
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 913
46 881
73 822
67 383
After tax
95 587
103 619
76 678
83 117
Living cost
22 516
22 516
22 516
22 516
Free-cash
73 071
81 103
54 162
60 601

Estimated living cost  is ₽22516 per week

₽15640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37432
₽42152
₽27494
₽34293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 768
social contributions
-
-
-
38 709
municipal
-
-
-
894
national
-
-
-
36 690
total
-
-
-
78 061
Employee
80 343
-
150 500
-
national
13 922
-
31 755
-
regional
758
-
1 558
-
municipal
425
-
798
-
social contributions
27 092
-
50 749
-
total
42 197
-
84 860
-
Employer
80 343
-
150 500
-
total
-
-
-
-
Corporate
70 157
150 500
-
-
nationa
16 838
36 121
-
-
municipal
2 736
5 869
-
-
total
19 574
41 990
-
-
Dividends
50 583
108 511
-
-
withholding
13 151
28 212
-
-
total
13 151
28 212
-
-
Income
150 500
150 500
150 500
150 500
Total tax
74 922
70 202
84 860
78 061
After tax
75 578
80 298
65 640
72 439
Living cost
38 146
38 146
38 146
38 146
Free-cash
37 432
42 152
27 494
34 293

Estimated living cost  is ₽38146 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71903
₽74715
₽45768
₽51385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
-
unemployment
-
-
-
206
income
-
-
-
40 224
pensions
-
-
-
24 131
health
-
-
-
8 566
surtax
-
-
-
6 039
total
-
-
-
79 166
Employee
29 895
-
125 103
-
surtax
98
-
5 047
-
unemployment
2 081
-
8 398
-
other
-
-
-
-
health
763
-
3 076
-
pensions
1 993
-
8 048
-
income
5 011
-
34 817
-
total
9 946
-
59 386
-
Employer
29 895
-
125 103
-
other
-
-
-
-
pensions
3 985
-
16 083
-
unemployment
947
-
3 824
-
health
1 360
-
5 490
-
total
6 292
-
25 397
-
Corporate
114 312
150 500
-
-
income
29 722
39 130
-
-
total
29 722
39 130
-
-
Dividends
84 591
111 370
-
-
withholding
12 688
16 706
-
-
total
12 688
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 648
55 836
84 783
79 166
After tax
91 852
94 664
65 717
71 334
Living cost
19 949
19 949
19 949
19 949
Free-cash
71 903
74 715
45 768
51 385

Estimated living cost  is ₽19949 per week

₽12197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64231
₽58292
₽45657
₽59322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 182
pensions
-
-
-
7 930
total
-
-
-
50 112
Employee
56 996
-
131 543
-
health
827
-
1 938
-
pensions
4 838
-
9 810
-
income
10 265
-
33 072
-
total
15 930
-
44 820
-
Employer
56 996
-
131 543
-
pensions
6 170
-
16 457
-
health
1 083
-
2 500
-
total
7 253
-
18 957
-
Corporate
86 251
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.

16 388
28 595
-
-
total
16 388
28 595
-
-
Dividends
69 863
121 905
-
-
withholding
5 632
22 547
-
-
total
5 632
22 547
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 203
51 142
63 777
50 112
After tax
105 297
99 358
86 723
100 388
Living cost
41 066
41 066
41 066
41 066
Free-cash
64 231
58 292
45 657
59 322

Estimated living cost  is ₽41066 per week

₽30766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27392
-₽3593
₽43006
₽50322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other

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

-
-
-
3 009
city
-
-
-
1 586
regional
-
-
-
6 993
pensions
-
-
-
13 847
national
-
-
-
1 992
health
-
-
-
338
total
-
-
-
27 765
Employee
84 742
-
134 704
-
national
401
-
1 645
-
unemployment
-
-
-
-
city
909
-
1 447
-
regional
2 775
-
6 058
-
health
192
-
303
-
pensions
7 119
-
11 315
-
total
11 396
-
20 768
-
Employer
84 742
-
134 704
-
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.

1 694
-
2 695
-
pensions
7 119
-
11 315
-
unemployment
-
-
-
-
health
192
-
303
-
total
9 005
-
14 313
-
Corporate
55 821
150 500
-
-
regional
11 806
31 831
-
-
national
4 744
12 792
-
-
total
16 550
44 623
-
-
Dividends
39 270
105 877
-
-
withholding
13 744
37 057
-
-
total
13 744
37 057
-
-
Income
150 500
150 500
150 500
150 500
Total tax
50 695
81 680
35 081
27 765
After tax
99 805
68 820
115 419
122 735
Living cost
72 413
72 413
72 413
72 413
Free-cash
27 392
-3 593
43 006
50 322

Estimated living cost  is ₽72413 per week

₽47089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽889
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47620
₽32960
₽54853
₽36250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 603
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.

-
-
-
45 553
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.

-
-
-
6 176
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.

-
-
-
2 505
total
-
-
-
72 837
Employee

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

54 330
-
150 500
-
surtax

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

352
-
2 505
-
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.

6 176
-
6 176
-
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.

6 389
-
45 553
-
total
12 917
-
54 234
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 170
150 500
-
-
trade
16 493
25 810
-
-
income
14 426
22 575
-
-
surtax

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

793
1 242
-
-
chamber of commerce
273
348
-
-
total
31 985
49 975
-
-
Dividends
64 186
100 525
-
-
withholding
15 702
24 788
-
-
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
1 364
-
-
total
16 565
26 152
-
-
Income
150 500
150 500
150 500
150 500
Total tax
61 467
76 127
54 234
72 837
After tax
89 033
74 373
96 266
77 663
Living cost
41 413
41 413
41 413
41 413
Free-cash
47 620
32 960
54 853
36 250

Estimated living cost  is ₽41413 per week

₽30247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3313
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.
₽7317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50263
₽44923
₽52741
₽54022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
4 666
social contributions
-
-
-
4 289
income
-
-
-
22 833
pensions
-
-
-
27 669
health
-
-
-
6 092
surtax
-
-
-
-
total
-
-
-
65 549
Employee
38 690
-
117 107
-
surtax
-
-
-
-
pensions
4 375
-
7 883
-
social contributions
1 103
-
3 337
-
income
2 283
-
22 216
-
total
7 761
-
33 436
-
Employer
38 690
-
117 107
-
other
1 335
-
4 458
-
pensions
6 356
-
13 315
-
unemployment
1 566
-
4 743
-
social contributions
117
-
352
-
health
2 709
-
10 526
-
total
12 083
-
33 394
-
Corporate
99 727
150 500
-
-
income
27 924
42 140
-
-
surtax
-
-
-
-
total
27 924
42 140
-
-
Dividends
71 803
108 360
-
-
withholding
9 190
13 870
-
-
social contributions
12 350
18 638
-
-
surtax
-
-
-
-
total
21 540
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 308
74 648
66 830
65 549
After tax
81 192
75 852
83 670
84 951
Living cost
30 929
30 929
30 929
30 929
Free-cash
50 263
44 923
52 741
54 022

Estimated living cost  is ₽30929 per week

₽19502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
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.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽53008
₽47987
₽55805
₽57086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
4 666
social contributions
-
-
-
4 289
income
-
-
-
22 833
pensions
-
-
-
27 669
health
-
-
-
6 092
surtax
-
-
-
-
total
-
-
-
65 549
Employee
34 537
-
117 107
-
surtax
-
-
-
-
pensions
3 906
-
7 883
-
social contributions
985
-
3 337
-
income
1 781
-
22 216
-
total
6 672
-
33 436
-
Employer
34 537
-
117 107
-
other
1 192
-
4 458
-
pensions
5 675
-
13 315
-
unemployment
1 398
-
4 743
-
social contributions
103
-
352
-
health
2 417
-
10 526
-
total
10 785
-
33 394
-
Corporate
105 178
150 500
-
-
income
29 451
42 140
-
-
surtax
-
-
-
-
total
29 451
42 140
-
-
Dividends
75 727
108 360
-
-
withholding
9 693
13 870
-
-
social contributions
13 026
18 638
-
-
surtax
-
-
-
-
total
22 719
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 627
74 648
66 830
65 549
After tax
80 873
75 852
83 670
84 951
Living cost
27 865
27 865
27 865
27 865
Free-cash
53 008
47 987
55 805
57 086

Estimated living cost  is ₽27865 per week

₽16160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73120
₽72652
₽74636
₽77484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 768
income
-
-
-
22 575
health
-
-
-
10 504
total
-
-
-
53 847
Employee
30 651
-
150 500
-
health
2 139
-
10 504
-
social contributions
4 231
-
20 768
-
income
5 112
-
25 423
-
total
11 482
-
56 695
-
Employer
30 651
-
150 500
-
total
-
-
-
-
Corporate
119 849
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%.

5 992
7 524
-
-
total
5 992
7 524
-
-
Dividends
113 856
142 976
-
-
health
7 946
9 979
-
-
withholding
17 078
21 446
-
-
social contributions
15 713
19 730
-
-
total
40 737
51 155
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 211
58 679
56 695
53 847
After tax
92 289
91 821
93 805
96 653
Living cost
19 169
19 169
19 169
19 169
Free-cash
73 120
72 652
74 636
77 484

Estimated living cost  is ₽19169 per week

₽12829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
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.
₽4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50103
₽51501
₽7974
₽45366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
602
unemployment
-
-
-
5 545
income
-
-
-
39 339
pensions
-
-
-
19 538
health
-
-
-
8 078
surtax
-
-
-
178
total
-
-
-
73 280
Employee
45 179
36 026
118 955
-
unemployment
1 355
1 081
3 169
-
other
451
360
1 057
-
health
1 748
1 395
4 086
-
pensions
4 627
3 688
10 815
-
income
5 143
2 657
31 120
-
total
13 324
9 181
50 247
-
Employer
45 179
36 026
118 955
-
payroll
1 355
1 081
3 568
-
other
2 146
1 710
5 536
-
accident
587
468
1 372
-
pensions
5 670
4 522
13 254
-
unemployment
1 355
1 081
3 169
-
chamber of commerce
180
144
475
-
surtax
178
178
178
-
health
1 707
1 362
3 992
-
total
13 178
10 546
31 544
-
Corporate
92 143
103 927
115 524
-
income

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

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

23 036
25 982
28 881
-
total
23 036
25 982
28 881
-
Dividends
69 107
77 945
-
-
withholding
19 005
21 436
-
-
total
19 005
21 436
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 543
67 145
110 672
73 280
After tax
81 957
83 355
39 828
77 220
Living cost
31 854
31 854
31 854
31 854
Free-cash
50 103
51 501
7 974
45 366

Estimated living cost  is ₽31854 per week

₽21245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37667
₽51226
₽20512
₽32230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 538
national
-
-
-
55 093
communal

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

-
-
-
7 677
total
-
-
-
85 308
Employee

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

64 665
-
116 567
-
national
19 880
-
41 778
-
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.

563
-
1 014
-
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.

3 038
-
5 478
-
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.

4 850
-
8 742
-
communal

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

3 373
-
6 080
-
total
31 704
-
63 092
-
Employer

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

64 665
-
116 567
-
accident

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

841
-
1 515
-
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.

5 730
-
10 328
-
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.

944
-
1 702
-
surtax
7 332
-
13 220
-
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.

3 977
-
7 169
-
total
18 824
-
33 934
-
Corporate
67 013
150 500
-
-
income
13 402
30 101
-
-
surtax
268
602
-
-
total
13 670
30 703
-
-
Dividends
53 343
119 797
-
-
withholding

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

15 673
35 609
-
-
total
15 673
35 609
-
-
Income
150 500
150 500
150 500
150 500
Total tax
79 871
66 312
97 026
85 308
After tax
70 629
84 188
53 474
65 192
Living cost
32 962
32 962
32 962
32 962
Free-cash
37 667
51 226
20 512
32 230

Estimated living cost  is ₽32962 per week

₽21231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2882
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.
₽8332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61416
₽67775
₽48116
₽51909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
40 805
pensions
-
-
-
23 712
accident
-
-
-
755
total
-
-
-
65 943
Employee
45 000
-
123 787
-
unemployment
698
-
1 299
-
other
45
-
84
-
pensions
2 115
-
3 939
-
income
9 495
-
37 701
-
total
12 353
-
43 023
-
Employer
45 000
-
123 787
-
other
359
-
671
-
accident
890
-
1 659
-
pensions
10 619
-
19 775
-
unemployment
2 476
-
4 608
-
total
14 344
-
26 713
-
Corporate
91 157
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.

13 673
22 575
-
-
total
13 673
22 575
-
-
Dividends
77 484
127 925
-
-
withholding
16 066
27 502
-
-
total
16 066
27 502
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 436
50 077
69 736
65 943
After tax
94 064
100 423
80 764
84 557
Living cost
32 648
32 648
32 648
32 648
Free-cash
61 416
67 775
48 116
51 909

Estimated living cost  is ₽32648 per week

₽24042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28302
₽39455
₽32259
₽26259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 739
pensions
-
-
-
22 558
accident
-
-
-
1 269
communal
-
-
-
9 511
health
-
-
-
10 575
surtax
-
-
-
7 461
total
-
-
-
75 113
Employee
68 460
-
134 436
-
surtax
4 196
-
8 240
-
health
3 047
-
5 982
-
pensions
5 476
-
10 755
-
income
6 613
-
28 072
-
total
19 332
-
53 049
-
Employer
68 460
-
134 436
-
accident
616
-
1 209
-
pensions
5 476
-
10 755
-
health
2 088
-
4 100
-
total
8 180
-
16 064
-
Corporate
73 860
150 500
-
-
income
11 079
22 575
-
-
communal
4 985
10 159
-
-
surtax
775
1 580
-
-
total
16 839
34 314
-
-
Dividends
57 020
116 186
-
-
withholding
8 554
17 428
-
-
income
20 165
10 175
-
-
total
28 719
27 603
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 070
61 917
69 113
75 113
After tax
77 430
88 583
81 387
75 387
Living cost
49 128
49 128
49 128
49 128
Free-cash
28 302
39 455
32 259
26 259

Estimated living cost  is ₽49128 per week

₽36853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71485
₽74359
₽45412
₽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
other
-
-
-
-
unemployment
-
-
-
206
income
-
-
-
40 224
pensions
-
-
-
24 131
health
-
-
-
8 566
surtax
-
-
-
6 039
total
-
-
-
79 166
Employee
30 444
-
125 103
-
surtax
108
-
5 047
-
unemployment
2 119
-
8 398
-
other
-
-
-
-
health
777
-
3 076
-
pensions
2 031
-
8 048
-
income
5 104
-
34 817
-
total
10 139
-
59 386
-
Employer
30 444
-
125 103
-
other
-
-
-
-
pensions
4 059
-
16 083
-
unemployment
966
-
3 824
-
health
1 384
-
5 490
-
total
6 409
-
25 397
-
Corporate
113 647
150 500
-
-
income
29 548
39 130
-
-
total
29 548
39 130
-
-
Dividends
84 098
111 370
-
-
withholding
12 614
16 706
-
-
total
12 614
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 710
55 836
84 783
79 166
After tax
91 790
94 664
65 717
71 334
Living cost
20 305
20 305
20 305
20 305
Free-cash
71 485
74 359
45 412
51 029

Estimated living cost  is ₽20305 per week

₽12259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
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.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52748
₽54754
₽40821
₽47586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 269
social contributions
-
-
-
38 709
municipal
-
-
-
894
national
-
-
-
36 690
total
-
-
-
78 562
Employee
50 147
-
150 500
-
national
7 945
-
31 755
-
regional
675
-
2 025
-
municipal
266
-
798
-
social contributions
16 910
-
50 749
-
total
25 796
-
85 327
-
Employer
50 147
-
150 500
-
total
-
-
-
-
Corporate
100 353
150 500
-
-
nationa
24 084
36 121
-
-
municipal
4 987
7 480
-
-
total
29 071
43 601
-
-
Dividends
71 282
106 900
-
-
withholding
18 533
27 793
-
-
total
18 533
27 793
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 400
71 394
85 327
78 562
After tax
77 100
79 106
65 173
71 938
Living cost
24 352
24 352
24 352
24 352
Free-cash
52 748
54 754
40 821
47 586

Estimated living cost  is ₽24352 per week

₽15145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65976
₽75874
₽48933
₽55372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
32 399
income
-
-
-
14 667
health
-
-
-
20 317
solidarity contribution
-
-
-
-
total
-
-
-
67 383
Employee
40 802
-
112 624
-
solidarity contribution
-
-
-
-
health
5 508
-
15 204
-
social contributions
2 652
-
7 212
-
income
4 896
-
13 531
-
total
13 056
-
35 947
-
Employer
40 802
-
112 624
-
social contributions
10 201
-
27 739
-
health
3 672
-
10 136
-
total
13 873
-
37 875
-
Corporate
95 825
150 500
-
-
income
18 207
28 595
-
-
total
18 207
28 595
-
-
Dividends
77 618
121 905
-
-
withholding
11 643
18 286
-
-
total
11 643
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 779
46 881
73 822
67 383
After tax
93 721
103 619
76 678
83 117
Living cost
27 745
27 745
27 745
27 745
Free-cash
65 976
75 874
48 933
55 372

Estimated living cost  is ₽27745 per week

₽20633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54163
₽54612
₽11042
₽48557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
602
unemployment
-
-
-
5 545
income
-
-
-
39 339
pensions
-
-
-
19 538
health
-
-
-
8 078
surtax
-
-
-
-
total
-
-
-
73 102
Employee
39 517
36 026
119 119
-
unemployment
1 185
1 081
3 169
-
other
395
360
1 057
-
health
1 529
1 395
4 086
-
pensions
4 047
3 688
10 815
-
income
3 520
2 657
31 188
-
total
10 676
9 181
50 315
-
Employer
39 517
36 026
119 119
-
payroll
1 185
1 081
3 573
-
other
1 877
1 710
5 543
-
accident
513
468
1 372
-
pensions
4 960
4 522
13 254
-
unemployment
1 185
1 081
3 169
-
chamber of commerce
158
144
477
-
surtax
-
-
-
-
health
1 494
1 362
3 992
-
total
11 372
10 368
31 380
-
Corporate
99 611
104 105
115 688
-
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.

24 903
26 026
28 922
-
total
24 903
26 026
28 922
-
Dividends
74 708
78 079
-
-
withholding
20 545
21 472
-
-
total
20 545
21 472
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 496
67 047
110 617
73 102
After tax
83 004
83 453
39 883
77 398
Living cost
28 841
28 841
28 841
28 841
Free-cash
54 163
54 612
11 042
48 557

Estimated living cost  is ₽28841 per week

₽17301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129398
₽131542
₽108967
₽137562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 291
-
150 500
-
income
2 858
-
30 100
-
total
2 858
-
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%.

136 209
150 500
-
-
total
-
-
-
-
Dividends
136 209
150 500
-
-
withholding
6 811
7 525
-
-
total
6 811
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 669
7 525
30 100
1 505
After tax
140 831
142 975
120 400
148 995
Living cost
11 433
11 433
11 433
11 433
Free-cash
129 398
131 542
108 967
137 562

Estimated living cost  is ₽11433 per week

₽7736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71807
₽79371
₽45713
₽49701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
226
income
-
-
-
34 030
pensions
-
-
-
27 485
health
-
-
-
14 810
total
-
-
-
76 551
Employee

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

39 976
-
130 222
-
unemployment
57
-
182
-
health
2 582
-
8 413
-
pensions
6 197
-
20 185
-
income
6 894
-
31 481
-
total
15 730
-
60 261
-
Employer

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

39 976
-
130 222
-
pensions
3 537
-
11 525
-
unemployment
24
-
79
-
health
2 663
-
8 674
-
total
6 224
-
20 278
-
Corporate
104 300
150 500
-
-
income
19 818
28 595
-
-
total
19 818
28 595
-
-
Dividends
84 482
121 905
-
-
withholding
12 673
18 286
-
-
total
12 673
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 445
46 881
80 539
76 551
After tax
96 055
103 619
69 961
73 949
Living cost
24 248
24 248
24 248
24 248
Free-cash
71 807
79 371
45 713
49 701

Estimated living cost  is ₽24248 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8091
₽51860
₽98691
₽64304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
56 930
-
-
-
social contributions
4 668
-
665
-
income
12 558
-
-
-
total
17 226
-
665
-
Employer
56 930
-
-
-
social contributions
80 271
-
11 440
-
total
80 271
-
11 440
-
Corporate
13 299
150 500
-
-
income
2 926
33 110
-
-
total
2 926
33 110
-
-
Dividends
10 373
117 390
-
-
income
2 282
25 826
-
-
total
2 282
25 826
-
-
Income
150 500
150 500
150 500
150 500
Total tax
102 705
58 936
12 105
46 492
After tax
47 795
91 564
138 395
104 008
Living cost
39 704
39 704
39 704
39 704
Free-cash
8 091
51 860
98 691
64 304

Estimated living cost  is ₽39704 per week

₽25761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56337
₽57249
₽41393
₽52593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 298
income
-
-
-
17 253
surtax
-
-
-
-
total
-
-
-
69 551
Employee
41 578
-
121 616
-
surtax
-
-
-
-
social contributions
4 574
-
13 378
-
income
8 648
-
38 489
-
total
13 222
-
51 867
-
Employer
41 578
-
121 616
-
social contributions
9 875
-
28 884
-
total
9 875
-
28 884
-
Corporate
99 048
150 500
-
-
income
20 801
31 605
-
-
surtax
-
-
-
-
total
20 801
31 605
-
-
Dividends
78 247
118 895
-
-
withholding
21 909
33 290
-
-
total
21 909
33 290
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 807
64 895
80 751
69 551
After tax
84 693
85 605
69 749
80 949
Living cost
28 356
28 356
28 356
28 356
Free-cash
56 337
57 249
41 393
52 593

Estimated living cost  is ₽28356 per week

₽21216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38405
₽32189
₽40007
₽41288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
4 666
social contributions
-
-
-
4 289
income
-
-
-
22 833
pensions
-
-
-
27 669
health
-
-
-
6 092
surtax
-
-
-
-
total
-
-
-
65 549
Employee
56 620
-
117 107
-
surtax
-
-
-
-
pensions
6 404
-
7 883
-
social contributions
1 613
-
3 337
-
income
4 940
-
22 216
-
total
12 957
-
33 436
-
Employer
56 620
-
117 107
-
other
1 954
-
4 458
-
pensions
9 303
-
13 315
-
unemployment
2 294
-
4 743
-
social contributions
170
-
352
-
health
3 963
-
10 526
-
total
17 684
-
33 394
-
Corporate
76 196
150 500
-
-
income
21 334
42 140
-
-
surtax
-
-
-
-
total
21 334
42 140
-
-
Dividends
54 862
108 360
-
-
withholding
7 022
13 870
-
-
social contributions
9 435
18 638
-
-
surtax
-
-
-
-
total
16 457
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 432
74 648
66 830
65 549
After tax
82 068
75 852
83 670
84 951
Living cost
43 663
43 663
43 663
43 663
Free-cash
38 405
32 189
40 007
41 288

Estimated living cost  is ₽43663 per week

₽29550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9942
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105239
₽108276
₽87965
₽83966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 250
social contributions
-
-
-
33 110
total
-
-
-
39 360
Employee
29 063
-
130 303
-
social contributions
1 889
-
8 470
-
income
-
-
6 694
-
total
1 889
-
15 164
-
Employer
29 063
-
130 303
-
social contributions
4 505
-
20 197
-
total
4 505
-
20 197
-
Corporate
116 932
150 500
-
-
income
11 693
15 050
-
-
total
11 693
15 050
-
-
Dividends
105 239
135 450
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
18 087
15 050
35 361
39 360
After tax
132 413
135 450
115 139
111 140
Living cost
27 174
27 174
27 174
27 174
Free-cash
105 239
108 276
87 965
83 966

Estimated living cost  is ₽27174 per week

₽17571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46311
-₽46311
-₽46311
₽45756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
783
municipal
-
-
-
31 094
labour market
-
-
-
11 977
national
-
-
-
17 386
total
-
-
-
61 240
Employee
183 618
183 618
183 618
-
national
22 432
22 432
22 432
-
municipal
39 100
39 100
39 100
-
labour market
14 669
14 669
14 669
-
pensions
261
261
261
-
total
76 462
76 462
76 462
-
Employer
183 618
183 618
183 618
-
municipal
39 163
39 163
39 163
-
pensions
522
522
522
-
national
22 471
22 471
22 471
-
labour market
14 689
14 689
14 689
-
total
76 845
76 845
76 845
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
153 307
153 307
153 307
61 240
After tax
-2 807
-2 807
-2 807
89 260
Living cost
43 504
43 504
43 504
43 504
Free-cash
-46 311
-46 311
-46 311
45 756

Estimated living cost  is ₽43504 per week

₽29774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9115
-₽7859
₽61263
₽82877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
343
income
-
-
-
41 131
pensions
-
-
-
3 849
accident
-
-
-
234
health
-
-
-
2 017
total
-
-
-
47 574
Employee
31 538
-
134 758
-
health
3 611
-
15 430
-
pensions
3 551
-
7 057
-
income
4 327
-
30 959
-
total
11 489
-
53 446
-
Employer
31 538
-
134 758
-
accident
527
-
2 250
-
pensions
5 128
-
10 190
-
unemployment
773
-
3 302
-
total
6 428
-
15 742
-
Corporate
112 534
150 500
-
-
income

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

101 281
135 450
-
-
total
101 281
135 450
-
-
Dividends
11 254
15 050
-
-
withholding
2 138
2 860
-
-
total
2 138
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
121 336
138 310
69 188
47 574
After tax
29 164
12 190
81 312
102 926
Living cost
20 049
20 049
20 049
20 049
Free-cash
9 115
-7 859
61 263
82 877

Estimated living cost  is ₽20049 per week

₽14593
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.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62206
₽60141
₽44800
₽63634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
26 740
national
-
-
-
23 478
health
-
-
-
1 940
total
-
-
-
52 158
Employee
47 562
-
126 608
-
national
786
-
14 458
-
unemployment
714
-
1 899
-
health
355
-
1 573
-
municipal
7 790
-
20 626
-
pensions
3 210
-
8 547
-
total
12 855
-
47 103
-
Employer
47 562
-
126 608
-
accident
48
-
127
-
pensions
8 252
-
21 966
-
unemployment
309
-
823
-
health
365
-
974
-
total
8 974
-
23 890
-
Corporate
93 964
150 500
-
-
income
18 792
30 101
-
-
total
18 792
30 101
-
-
Dividends

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

56 379
90 299
-
-
municipal
10 147
16 255
-
-
national
2 819
9 296
-
-
total
12 966
25 551
-
-
Income
150 500
150 500
150 500
150 500
Total tax
53 587
55 652
70 993
52 158
After tax
96 913
94 848
79 507
98 342
Living cost
34 708
34 708
34 708
34 708
Free-cash
62 206
60 141
44 800
63 634

Estimated living cost  is ₽34708 per week

₽22671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83970
₽88889
₽81025
₽82373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 627
income
-
-
-
28 732
health
-
-
-
3 838
total
-
-
-
47 197
Employee
69 514
69 514
140 126
-
health
539
1 182
2 383
-
social contributions
2 628
5 769
7 782
-
income
7 569
6 435
28 006
-
total
10 736
13 386
38 171
-
Employer
69 514
69 514
140 126
-
social contributions
2 628
5 769
7 782
-
health
585
1 287
2 592
-
total
3 213
7 056
10 374
-
Corporate
115 621
73 930
-
-
income
14 453
9 242
-
-
total
14 453
9 242
-
-
Dividends
101 167
64 688
-
-
withholding
17 198
10 997
-
-
total
17 198
10 997
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 600
40 681
48 545
47 197
After tax
104 900
109 819
101 955
103 303
Living cost
20 930
20 930
20 930
20 930
Free-cash
83 970
88 889
81 025
82 373

Estimated living cost  is ₽20930 per week

₽12544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105676
₽110277
₽93726
₽111858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
26
income
-
-
-
15 241
pensions
-
-
-
5 750
health
-
-
-
3 272
total
-
-
-
24 289
Employee

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

20 750
-
141 665
-
unemployment
103
-
429
-
health
1 764
-
7 291
-
pensions
3 112
-
12 867
-
income
1 419
-
12 999
-
total
6 398
-
33 586
-
Employer

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

20 750
-
141 665
-
pensions
1 141
-
4 718
-
unemployment
103
-
429
-
health
892
-
3 688
-
total
2 136
-
8 835
-
Corporate
127 614
150 500
-
-
income
11 486
13 544
-
-
total
11 486
13 544
-
-
Dividends
116 128
136 956
-
-
withholding
10 451
12 326
-
-
total
10 451
12 326
-
-
Income
150 500
150 500
150 500
150 500
Total tax
30 471
25 870
42 421
24 289
After tax
120 029
124 630
108 079
126 211
Living cost
14 353
14 353
14 353
14 353
Free-cash
105 676
110 277
93 726
111 858

Estimated living cost  is ₽14353 per week

₽9158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71572
₽75564
₽55905
₽59698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
40 805
pensions
-
-
-
23 712
accident
-
-
-
755
total
-
-
-
65 943
Employee
33 427
-
123 787
-
unemployment
518
-
1 299
-
other
33
-
84
-
pensions
1 571
-
3 939
-
income
6 444
-
37 701
-
total
8 566
-
43 023
-
Employer
33 427
-
123 787
-
other
268
-
671
-
accident
662
-
1 659
-
pensions
7 888
-
19 775
-
unemployment
1 839
-
4 608
-
total
10 657
-
26 713
-
Corporate
106 416
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.

15 963
22 575
-
-
total
15 963
22 575
-
-
Dividends
90 453
127 925
-
-
withholding
18 883
27 502
-
-
total
18 883
27 502
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 069
50 077
69 736
65 943
After tax
96 431
100 423
80 764
84 557
Living cost
24 859
24 859
24 859
24 859
Free-cash
71 572
75 564
55 905
59 698

Estimated living cost  is ₽24859 per week

₽16780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
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.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91958
₽92235
₽95044
₽95163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
51 550
pensions
-
-
-
1 223
health
-
-
-
887
total
-
-
-
53 660
Employee
2 554
-
149 124
-
unemployment
26
-
61
-
health
128
-
306
-
pensions
230
-
550
-
income
494
-
51 486
-
total
878
-
52 403
-
Employer
2 554
-
149 124
-
pensions
281
-
673
-
unemployment
51
-
122
-
health
243
-
581
-
total
575
-
1 376
-
Corporate
147 372
150 500
-
-
income
32 422
33 110
-
-
total
32 422
33 110
-
-
Dividends
114 950
117 390
-
-
withholding
22 990
23 478
-
-
total
22 990
23 478
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 865
56 588
53 779
53 660
After tax
93 635
93 912
96 721
96 840
Living cost
1 677
1 677
1 677
1 677
Free-cash
91 958
92 235
95 044
95 163

Estimated living cost  is ₽1677 per week

₽996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88687
₽93128
₽75825
₽75826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 000
income
-
-
-
33 855
pensions
-
-
-
17 341
health
-
-
-
6 870
total
-
-
-
59 066
Employee

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

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

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

23 536
-
138 561
-
unemployment
177
-
500
-
health
1 212
-
3 435
-
pensions
3 295
-
9 338
-
income
3 244
-
33 855
-
total
7 928
-
47 128
-
Employer

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

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

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

23 536
-
138 561
-
pensions
2 824
-
8 004
-
unemployment
177
-
500
-
health
1 212
-
3 435
-
total
4 213
-
11 939
-
Corporate
122 752
150 500
-
-
income
18 413
22 575
-
-
total
18 413
22 575
-
-
Dividends
104 339
127 925
-
-
withholding
15 651
19 189
-
-
total
15 651
19 189
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 205
41 764
59 067
59 066
After tax
104 295
108 736
91 433
91 434
Living cost
15 608
15 608
15 608
15 608
Free-cash
88 687
93 128
75 825
75 826

Estimated living cost  is ₽15608 per week

₽10509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60907
₽61233
₽45377
₽56577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 298
income
-
-
-
17 253
surtax
-
-
-
-
total
-
-
-
69 551
Employee
35 087
-
121 616
-
surtax
-
-
-
-
social contributions
3 860
-
13 378
-
income
6 856
-
38 489
-
total
10 716
-
51 867
-
Employer
35 087
-
121 616
-
social contributions
8 332
-
28 884
-
total
8 332
-
28 884
-
Corporate
107 081
150 500
-
-
income
22 487
31 605
-
-
surtax
-
-
-
-
total
22 487
31 605
-
-
Dividends
84 594
118 895
-
-
withholding
23 686
33 290
-
-
total
23 686
33 290
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 221
64 895
80 751
69 551
After tax
85 279
85 605
69 749
80 949
Living cost
24 372
24 372
24 372
24 372
Free-cash
60 907
61 233
45 377
56 577

Estimated living cost  is ₽24372 per week

₽17262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62599
₽68652
₽48993
₽52786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
40 805
pensions
-
-
-
23 712
accident
-
-
-
755
total
-
-
-
65 943
Employee
43 660
-
123 787
-
unemployment
676
-
1 299
-
other
43
-
84
-
pensions
2 052
-
3 939
-
income
9 119
-
37 701
-
total
11 890
-
43 023
-
Employer
43 660
-
123 787
-
other
350
-
671
-
accident
865
-
1 659
-
pensions
10 304
-
19 775
-
unemployment
2 402
-
4 608
-
total
13 921
-
26 713
-
Corporate
92 920
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.

13 939
22 575
-
-
total
13 939
22 575
-
-
Dividends
78 982
127 925
-
-
withholding
16 380
27 502
-
-
total
16 380
27 502
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 130
50 077
69 736
65 943
After tax
94 370
100 423
80 764
84 557
Living cost
31 771
31 771
31 771
31 771
Free-cash
62 599
68 652
48 993
52 786

Estimated living cost  is ₽31771 per week

₽22817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
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.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107936
₽113363
₽110140
₽104308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
124
income
-
-
-
22 575
pensions

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

-
-
-
4 602
health
-
-
-
3 576
total
-
-
-
30 877
Employee
20 279
-
144 399
-
accident

We are using the highest rate at 1.1%.

223
-
342
-
health
933
-
1 430
-
pensions

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

1 780
-
2 731
-
income
2 028
-
14 440
-
total
4 964
-
18 943
-
Employer
20 279
-
144 399
-
accident

We are using the highest rate at 1.1%.

223
-
342
-
pensions

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

2 235
-
3 427
-
unemployment
122
-
187
-
health
1 399
-
2 146
-
total
3 979
-
6 102
-
Corporate
126 242
150 500
-
-
income
12 625
15 050
-
-
total
12 625
15 050
-
-
Dividends
113 618
135 450
-
-
withholding
5 681
6 772
-
-
total
5 681
6 772
-
-
Income
150 500
150 500
150 500
150 500
Total tax
27 249
21 822
25 045
30 877
After tax
123 251
128 678
125 455
119 623
Living cost
15 315
15 315
15 315
15 315
Free-cash
107 936
113 363
110 140
104 308

Estimated living cost  is ₽15315 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54394
₽42568
₽61365
₽45799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 565
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.

-
-
-
45 553
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.

-
-
-
6 176
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.

-
-
-
2 505
total
-
-
-
69 799
Employee

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

44 980
-
150 500
-
surtax

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

204
-
2 505
-
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.

6 176
-
6 176
-
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.

3 699
-
45 553
-
total
10 079
-
54 234
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 520
150 500
-
-
trade
15 141
21 597
-
-
income
15 828
22 575
-
-
surtax

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

870
1 242
-
-
chamber of commerce
292
359
-
-
total
32 131
45 773
-
-
Dividends
73 389
104 728
-
-
withholding
18 005
25 838
-
-
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.

990
1 420
-
-
total
18 995
27 258
-
-
Income
150 500
150 500
150 500
150 500
Total tax
61 205
73 031
54 234
69 799
After tax
89 295
77 469
96 266
80 701
Living cost
34 901
34 901
34 901
34 901
Free-cash
54 394
42 568
61 365
45 799

Estimated living cost  is ₽34901 per week

₽24076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55850
₽53853
₽28839
₽28839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 906
income
-
-
-
45 258
total
-
-
-
70 164
Employee
70 714
-
150 500
-
social contributions
5 875
-
24 906
-
income
13 343
-
45 258
-
total
19 218
-
70 164
-
Employer
70 714
-
150 500
-
total
-
-
-
-
Corporate
79 786
150 500
-
-
income
9 972
18 813
-
-
total
9 972
18 813
-
-
Dividends
69 814
131 687
-
-
withholding
13 963
26 337
-
-
total
13 963
26 337
-
-
Income
150 500
150 500
150 500
150 500
Total tax
43 153
45 150
70 164
70 164
After tax
107 347
105 350
80 336
80 336
Living cost
51 497
51 497
51 497
51 497
Free-cash
55 850
53 853
28 839
28 839

Estimated living cost  is ₽51497 per week

₽39178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4196
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.
₽7631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63392
₽60232
₽74726
₽86494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
150 500
health

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

-
-
-
5 457
income
-
-
-
25 733
total
-
-
-
31 190
Employee
41 471
-
146 342
-
social contributions
4 155
-
4 158
-
income
4 500
-
34 642
-
total
8 655
-
38 800
-
Employer
41 471
-
146 342
-
social contributions
4 155
-
4 158
-
total
4 155
-
4 158
-
Corporate
104 874
150 500
-
-
income
36 706
52 676
-
-
total
36 706
52 676
-
-
Dividends
68 169
97 824
-
-
social contributions
4 776
4 776
-
-
total
4 776
4 776
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 292
57 452
42 958
31 190
After tax
96 208
93 048
107 542
119 310
Living cost
32 816
32 816
32 816
32 816
Free-cash
63 392
60 232
74 726
86 494

Estimated living cost  is ₽32816 per week

₽21616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71296
₽65973
₽53338
₽67003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 182
pensions
-
-
-
7 930
total
-
-
-
50 112
Employee
45 826
-
131 543
-
health
598
-
1 938
-
pensions
3 498
-
9 810
-
income
8 345
-
33 072
-
total
12 441
-
44 820
-
Employer
45 826
-
131 543
-
pensions
4 630
-
16 457
-
health
871
-
2 500
-
total
5 501
-
18 957
-
Corporate
99 173
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.

18 842
28 595
-
-
total
18 842
28 595
-
-
Dividends
80 331
121 905
-
-
withholding
9 035
22 547
-
-
total
9 035
22 547
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 819
51 142
63 777
50 112
After tax
104 681
99 358
86 723
100 388
Living cost
33 385
33 385
33 385
33 385
Free-cash
71 296
65 973
53 338
67 003

Estimated living cost  is ₽33385 per week

₽22902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

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Warsaw , Poland
₽8811
-₽9844
₽59278
₽80892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other
-
-
-
343
income
-
-
-
41 131
pensions
-
-
-
3 849
accident
-
-
-
234
health
-
-
-
2 017
total
-
-
-
47 574
Employee
34 660
-
134 758
-
health
3 968
-
15 430
-
pensions
3 903
-
7 057
-
income
4 755
-
30 959
-
total
12 626
-
53 446
-
Employer
34 660
-
134 758
-
accident
579
-
2 250
-
pensions
5 635
-
10 190
-
unemployment
849
-
3 302
-
total
7 063
-
15 742
-
Corporate
108 777
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.

97 899
135 450
-
-
total
97 899
135 450
-
-
Dividends
10 878
15 050
-
-
withholding
2 067
2 860
-
-
total
2 067
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
119 655
138 310
69 188
47 574
After tax
30 845
12 190
81 312
102 926
Living cost
22 034
22 034
22 034
22 034
Free-cash
8 811
-9 844
59 278
80 892

Estimated living cost  is ₽22034 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1284
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.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽110224
₽114449
₽93764
₽73908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 733
income
-
-
-
24 684
pensions
-
-
-
26 570
health insurance
-
-
-
10 686
work injury
-
-
-
722
total
-
-
-
64 395
Employee

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

19 515
-
150 500
-
health insurance
1 444
-
5 343
-
unemployment
234
-
866
-
work injury
98
-
361
-
pensions
3 591
-
13 285
-
income
1 951
-
24 684
-
total
7 318
-
44 539
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 985
150 500
-
-
income

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

1 310
1 505
-
-
total
1 310
1 505
-
-
Dividends
129 676
148 995
-
-
withholding
19 451
22 349
-
-
total
19 451
22 349
-
-
Income
150 500
150 500
150 500
150 500
Total tax
28 079
23 854
44 539
64 395
After tax
122 421
126 646
105 961
86 105
Living cost
12 197
12 197
12 197
12 197
Free-cash
110 224
114 449
93 764
73 908

Estimated living cost  is ₽12197 per week

₽7556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽39146
₽43259
₽28036
₽34645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 437
social contributions
-
-
-
38 709
municipal
-
-
-
1 005
national
-
-
-
36 690
total
-
-
-
79 841
Employee
76 178
-
150 500
-
national
12 873
-
31 755
-
regional
1 150
-
3 049
-
municipal
455
-
897
-
social contributions
25 687
-
50 749
-
total
40 165
-
86 450
-
Employer
76 178
-
150 500
-
total
-
-
-
-
Corporate
74 322
150 500
-
-
nationa
17 838
36 121
-
-
municipal
3 582
7 253
-
-
total
21 420
43 374
-
-
Dividends
52 902
107 126
-
-
withholding
13 755
27 853
-
-
total
13 755
27 853
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 340
71 227
86 450
79 841
After tax
75 160
79 273
64 050
70 659
Living cost
36 014
36 014
36 014
36 014
Free-cash
39 146
43 259
28 036
34 645

Estimated living cost  is ₽36014 per week

₽25297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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