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
₽51519
₽47619
₽57957
₽68377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 858
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.

-
-
-
6 386
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.

-
-
-
2 473
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.

-
-
-
44 952
total
-
-
-
70 669
Employee

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

35 751
-
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.

55
-
2 473
-
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.

999
-
44 952
-
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.

6 386
-
6 386
-
total
7 440
-
53 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 749
150 500
-
-
trade
18 073
23 703
-
-
income
17 213
22 575
-
-
chamber of commerce
307
358
-
-
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.

947
1 242
-
-
total
36 540
47 878
-
-
Dividends
78 208
102 621
-
-
withholding
19 196
25 300
-
-
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.

1 055
1 391
-
-
total
20 251
26 691
-
-
Income
150 500
150 500
150 500
150 500
Total tax
64 231
74 569
53 811
70 669
After tax
86 269
75 931
96 689
79 831
Living cost
28 312
28 312
28 312
28 312
Free-cash
57 957
47 619
68 377
51 519

Estimated living cost  is ₽28312 per week

₽17809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39606
₽44339
₽43515
₽40788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
municipal
-
-
-
16 333
pensions
-
-
-
18 060
social contributions
-
-
-
1 618
national
-
-
-
25 310
total
-
-
-
61 321
Employee
76 847
-
130 106
-
municipal
9 492
-
16 916
-
national
14 708
-
26 212
-
pensions
3 074
-
5 204
-
total
27 274
-
48 332
-
Employer
76 847
-
130 106
-
pensions
6 148
-
10 408
-
social contributions
826
-
1 399
-
total
6 974
-
11 807
-
Corporate
61 607
150 500
-
-
income

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

12 321
30 100
-
-
total
12 321
30 100
-
-
Dividends
49 286
120 400
-
-
withholding
10 843
26 488
-
-
total
10 843
26 488
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 412
56 588
60 139
61 321
After tax
93 088
93 912
90 361
89 179
Living cost
49 573
49 573
49 573
49 573
Free-cash
43 515
44 339
40 788
39 606

Estimated living cost  is ₽49573 per week

₽33694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31272
₽100954
₽93286
₽70990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
150 500
surtax
-
-
-
38 378
social contributions

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

-
-
-
35 813
income
-
-
-
25 591
microenterprise
-
-
-
-
total
-
-
-
99 782
Employee
27 313
-
110 025
-
social contributions

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

3 005
-
12 103
-
surtax
-
-
-
-
income
4 862
-
21 457
-
total
7 867
-
33 560
-
Employer
27 313
-
110 025
-
surtax
-
-
-
-
social contributions

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

6 579
-
26 504
-
total
6 579
-
26 504
-
Corporate
116 608
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%.

23 322
30 100
-
-
total
23 322
30 100
-
-
Dividends

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

93 286
120 400
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
37 768
30 100
60 064
99 782
After tax
112 732
120 400
90 436
50 718
Living cost
19 446
19 446
19 446
19 446
Free-cash
93 286
100 954
70 990
31 272

Estimated living cost  is ₽19446 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44917
₽35145
₽29416
₽53337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
43 949
total
-
-
-
66 426
Employee
79 821
79 821
133 129
-
pensions
14 368
10 951
10 951
-
income

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

13 065
13 065
18 158
-
health
12 252
10 421
11 526
-
total
39 685
34 437
40 635
-
Employer
79 821
79 821
133 129
-
pensions
5 556
5 556
6 905
-
unemployment
2 874
2 874
3 571
-
health
5 548
5 548
6 895
-
total
13 978
13 978
17 371
-
Corporate
57 680
56 701
-
-
income
11 537
11 340
-
-
total
11 537
11 340
-
-
Dividends
46 143
45 361
-
-
withholding
6 921
6 804
-
-
income
9 806
9 639
-
-
total
16 727
16 443
-
-
Income
150 500
150 500
150 500
150 500
Total tax
81 927
76 198
58 006
66 426
After tax
68 573
74 302
92 494
84 074
Living cost
39 157
39 157
39 157
39 157
Free-cash
29 416
35 145
53 337
44 917

Estimated living cost  is ₽39157 per week

₽27749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39945
₽43625
₽42760
₽39010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
municipal
-
-
-
37 581
pensions
-
-
-
9 133
health
-
-
-
5 272
other
-
-
-
9 817
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
9 950
total
-
-
-
72 007
Employee
54 927
-
123 956
-
municipal
16 379
-
36 964
-
national
-
-
9 433
-
total
16 379
-
46 397
-
Employer
54 927
-
123 956
-
pensions
5 937
-
9 133
-
other
6 383
-
9 817
-
unemployment
1 450
-
2 230
-
accident
110
-
169
-
health
3 378
-
5 196
-
total
17 258
-
26 545
-
Corporate
78 315
150 500
-
-
income
17 229
33 110
-
-
total
17 229
33 110
-
-
Dividends
61 086
117 390
-
-
withholding
18 326
35 217
-
-
total
18 326
35 217
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 192
68 327
72 942
72 007
After tax
81 308
82 173
77 558
78 493
Living cost
38 548
38 548
38 548
38 548
Free-cash
42 760
43 625
39 010
39 945

Estimated living cost  is ₽38548 per week

₽25548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
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.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42360
₽38436
₽51570
₽59969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 609
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.

-
-
-
6 386
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.

-
-
-
2 473
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.

-
-
-
44 952
total
-
-
-
71 420
Employee

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

47 402
-
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.

223
-
2 473
-
income

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

4 073
-
44 952
-
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.

6 386
-
6 386
-
total
10 682
-
53 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 098
150 500
-
-
trade
16 959
24 757
-
-
income
15 464
22 575
-
-
chamber of commerce
289
357
-
-
surtax

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

850
1 242
-
-
total
33 562
48 931
-
-
Dividends
69 536
101 569
-
-
withholding
17 029
25 037
-
-
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.

937
1 376
-
-
total
17 966
26 413
-
-
Income
150 500
150 500
150 500
150 500
Total tax
62 210
75 344
53 811
71 420
After tax
88 290
75 156
96 689
79 080
Living cost
36 720
36 720
36 720
36 720
Free-cash
51 570
38 436
59 969
42 360

Estimated living cost  is ₽36720 per week

₽24558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73258
₽79520
₽75642
₽71895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
3 839
social contributions
-
-
-
15 123
income
-
-
-
27 962
total
-
-
-
46 924
Employee
71 876
71 876
139 866
-
social contributions
3 493
5 965
8 046
-
income
7 548
6 654
27 230
-
health
715
1 222
2 377
-
total
11 756
13 841
37 653
-
Employer
71 876
71 876
139 866
-
social contributions
3 493
5 965
8 046
-
health
779
1 330
2 588
-
total
4 272
7 295
10 634
-
Corporate
104 156
71 329
-
-
income
13 020
8 917
-
-
total
13 020
8 917
-
-
Dividends
91 136
62 412
-
-
withholding
15 492
10 609
-
-
total
15 492
10 609
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 540
40 662
48 287
46 924
After tax
105 960
109 838
102 213
103 576
Living cost
30 318
30 318
30 318
30 318
Free-cash
75 642
79 520
71 895
73 258

Estimated living cost  is ₽30318 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽87076
₽67394
₽67752
₽70063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 050
health
-
-
-
10 535
unemployment
-
-
-
2 257
income
-
-
-
18 399
total
-
-
-
46 241
Employee

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

The minimum wage is 138,000 HUF per month.

24 804
9 872
125 941
-
pensions
2 480
987
12 594
-
unemployment
372
148
1 889
-
income
3 032
1 207
15 396
-
health
1 736
691
8 816
-
total
7 620
3 033
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.

24 804
9 872
125 941
-
pensions
4 837
1 925
24 559
-
total
4 837
1 925
24 559
-
Corporate
120 859
138 703
-
-
income
10 877
12 483
-
-
total
10 877
12 483
-
-
Dividends
109 982
126 220
-
-
withholding
20 897
23 982
-
-
social contributions
21 334
24 500
-
-
total
42 231
48 482
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 565
65 923
63 254
46 241
After tax
84 935
84 577
87 246
104 259
Living cost
17 183
17 183
17 183
17 183
Free-cash
67 752
67 394
70 063
87 076

Estimated living cost  is ₽17183 per week

₽11726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58092
₽97823
₽92015
₽64170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 100
health
-
-
-
19 565
income
-
-
-
20 166
total
-
-
-
69 831
Employee
26 517
-
112 480
-
pensions
530
-
2 249
-
unemployment
424
-
1 800
-
income
2 985
-
21 687
-
total
3 939
-
25 736
-
Employer
26 517
-
112 480
-
pensions
5 304
-
22 495
-
unemployment
213
-
899
-
health
3 447
-
14 623
-
total
8 964
-
38 017
-
Corporate
115 020
150 500
-
-
income
23 005
30 100
-
-
total
23 005
30 100
-
-
Dividends
92 016
120 400
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
35 908
30 100
63 753
69 831
After tax
114 592
120 400
86 747
80 669
Living cost
22 577
22 577
22 577
22 577
Free-cash
92 015
97 823
64 170
58 092

Estimated living cost  is ₽22577 per week

₽15485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82029
-₽8725
₽8982
₽60237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
40 935
total
-
-
-
47 556
Employee
32 900
-
134 485
-
pensions
3 705
-
7 253
-
income
4 514
-
30 681
-
health
3 767
-
15 399
-
total
11 986
-
53 333
-
Employer
32 900
-
134 485
-
pensions
5 350
-
10 474
-
unemployment
806
-
3 295
-
accident
549
-
2 246
-
total
6 705
-
16 015
-
Corporate
110 895
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.

99 805
135 450
-
-
total
99 805
135 450
-
-
Dividends
11 090
15 050
-
-
withholding
2 107
2 860
-
-
total
2 107
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
120 603
138 310
69 348
47 556
After tax
29 897
12 190
81 152
102 944
Living cost
20 915
20 915
20 915
20 915
Free-cash
8 982
-8 725
60 237
82 029

Estimated living cost  is ₽20915 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141357
₽135337
₽133905
₽112762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 547
-
150 500
-
income
1 909
-
30 100
-
total
1 909
-
30 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

140 953
150 500
-
-
total
-
-
-
-
Dividends
140 953
150 500
-
-
withholding
7 048
7 525
-
-
total
7 048
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
8 957
7 525
30 100
1 505
After tax
141 543
142 975
120 400
148 995
Living cost
7 638
7 638
7 638
7 638
Free-cash
133 905
135 337
112 762
141 357

Estimated living cost  is ₽7638 per week

₽4733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56583
₽85664
₽79354
₽60730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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.

-
-
-
34 114
health
-
-
-
6 254
other
-
-
-
6 751
income
-
-
-
21 891
total
-
-
-
69 010
Employee
33 939
-
120 207
-
pensions

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

2 375
-
8 415
-
unemployment
339
-
1 203
-
income
5 843
-
23 271
-
health
475
-
1 683
-
total
9 032
-
34 572
-
Employer
33 939
-
120 207
-
pensions

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

5 770
-
20 434
-
other
1 698
-
6 010
-
unemployment
339
-
1 203
-
accident
271
-
961
-
health
475
-
1 683
-
total
8 553
-
30 291
-
Corporate
108 008
150 500
-
-
income
22 682
31 606
-
-
total
22 682
31 606
-
-
Dividends
85 326
118 894
-
-
withholding
5 972
8 323
-
-
total
5 972
8 323
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 239
39 929
64 863
69 010
After tax
104 261
110 571
85 637
81 490
Living cost
24 907
24 907
24 907
24 907
Free-cash
79 354
85 664
60 730
56 583

Estimated living cost  is ₽24907 per week

₽17598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38959
₽38073
₽38328
₽25272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 066
income
-
-
-
41 722
total
-
-
-
49 788
Employee
87 372
-
131 584
-
pensions
8 429
-
10 007
-
income
15 750
-
32 597
-
health
1 440
-
1 955
-
total
25 619
-
44 559
-
Employer
87 372
-
131 584
-
pensions
10 316
-
16 417
-
health
1 659
-
2 499
-
total
11 975
-
18 916
-
Corporate
51 153
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.

9 718
28 595
-
-
total
9 718
28 595
-
-
Dividends
41 435
121 905
-
-
withholding
3 107
22 079
-
-
total
3 107
22 079
-
-
Income
150 500
150 500
150 500
150 500
Total tax
50 419
50 674
63 475
49 788
After tax
100 081
99 826
87 025
100 712
Living cost
61 753
61 753
61 753
61 753
Free-cash
38 328
38 073
25 272
38 959

Estimated living cost  is ₽61753 per week

₽46273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽106940
₽116415
₽112072
₽112689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
22 575
total
-
-
-
31 298
Employee
16 236
-
144 091
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 868
-
income
1 623
-
14 410
-
health
747
-
1 503
-
total
3 975
-
19 140
-
Employer
16 236
-
144 091
-
pensions

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

1 789
-
3 600
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 254
-
total
3 186
-
6 409
-
Corporate
131 078
150 500
-
-
income
13 107
15 050
-
-
total
13 107
15 050
-
-
Dividends
117 971
135 450
-
-
withholding
5 898
6 773
-
-
total
5 898
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
26 166
21 823
25 549
31 298
After tax
124 334
128 677
124 951
119 202
Living cost
12 262
12 262
12 262
12 262
Free-cash
112 072
116 415
112 689
106 940

Estimated living cost  is ₽12262 per week

₽7158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32242
₽22470
₽24823
₽40662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
43 949
total
-
-
-
66 426
Employee
86 660
79 821
133 129
-
pensions
10 951
10 951
10 951
-
income

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

13 065
13 065
18 158
-
health
10 811
10 421
11 526
-
total
34 827
34 437
40 635
-
Employer
86 660
79 821
133 129
-
pensions
6 031
5 556
6 905
-
unemployment
3 120
2 874
3 571
-
health
6 022
5 548
6 895
-
total
15 173
13 978
17 371
-
Corporate
48 666
56 701
-
-
income
9 733
11 340
-
-
total
9 733
11 340
-
-
Dividends
38 934
45 361
-
-
withholding
5 839
6 804
-
-
income
8 273
9 639
-
-
total
14 112
16 443
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 845
76 198
58 006
66 426
After tax
76 655
74 302
92 494
84 074
Living cost
51 832
51 832
51 832
51 832
Free-cash
24 823
22 470
40 662
32 242

Estimated living cost  is ₽51832 per week

₽38234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59016
₽80391
₽72105
₽53146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
20 318
social contributions
-
-
-
33 424
solidarity contribution
-
-
-
-
income
-
-
-
14 514
total
-
-
-
68 256
Employee
34 159
-
112 313
-
social contributions
2 220
-
7 300
-
income
4 099
-
13 478
-
solidarity contribution
-
-
-
-
health
4 612
-
15 162
-
total
10 931
-
35 940
-
Employer
34 159
-
112 313
-
social contributions
8 540
-
28 078
-
health
3 074
-
10 108
-
total
11 614
-
38 186
-
Corporate
104 727
150 500
-
-
income
19 898
28 595
-
-
total
19 898
28 595
-
-
Dividends
84 829
121 905
-
-
withholding
12 724
18 286
-
-
total
12 724
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
55 167
46 881
74 126
68 256
After tax
95 333
103 619
76 374
82 244
Living cost
23 228
23 228
23 228
23 228
Free-cash
72 105
80 391
53 146
59 016

Estimated living cost  is ₽23228 per week

₽16135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33313
₽40856
₽35975
₽26514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
municipal
-
-
-
894
regional
-
-
-
1 762
social contributions
-
-
-
38 708
national
-
-
-
36 381
total
-
-
-
77 745
Employee
83 072
-
150 500
-
social contributions
28 012
-
50 749
-
municipal
440
-
798
-
regional
784
-
1 553
-
national
14 394
-
31 444
-
total
43 630
-
84 544
-
Employer
83 072
-
150 500
-
total
-
-
-
-
Corporate
67 428
150 500
-
-
nationa
16 182
36 120
-
-
municipal
2 631
5 870
-
-
total
18 813
41 990
-
-
Dividends
48 615
108 510
-
-
withholding
12 640
28 212
-
-
total
12 640
28 212
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 083
70 202
84 544
77 745
After tax
75 417
80 298
65 956
72 755
Living cost
39 442
39 442
39 442
39 442
Free-cash
35 975
40 856
26 514
33 313

Estimated living cost  is ₽39442 per week

₽27494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50780
₽74038
₽71131
₽44971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 950
health
-
-
-
8 857
surtax
-
-
-
5 784
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
39 290
total
-
-
-
79 094
Employee
30 911
-
124 329
-
surtax
101
-
4 846
-
pensions
2 061
-
8 293
-
other
-
-
-
-
unemployment
2 152
-
8 653
-
income
5 181
-
33 770
-
health
789
-
3 170
-
total
10 284
-
58 732
-
Employer
30 911
-
124 329
-
pensions
4 121
-
16 573
-
other
-
-
-
-
unemployment
979
-
3 941
-
health
1 407
-
5 657
-
total
6 507
-
26 171
-
Corporate
113 083
150 500
-
-
income
29 401
39 130
-
-
total
29 401
39 130
-
-
Dividends
83 682
111 370
-
-
withholding
12 551
16 706
-
-
total
12 551
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 743
55 836
84 903
79 094
After tax
91 757
94 664
65 597
71 406
Living cost
20 626
20 626
20 626
20 626
Free-cash
71 131
74 038
44 971
50 780

Estimated living cost  is ₽20626 per week

₽12612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58524
₽57638
₽63307
₽44837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 066
income
-
-
-
41 722
total
-
-
-
49 788
Employee
58 554
-
131 584
-
pensions
4 970
-
10 007
-
income
10 546
-
32 597
-
health
850
-
1 955
-
total
16 366
-
44 559
-
Employer
58 554
-
131 584
-
pensions
6 339
-
16 417
-
health
1 112
-
2 499
-
total
7 451
-
18 916
-
Corporate
84 495
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.

16 055
28 595
-
-
total
16 055
28 595
-
-
Dividends
68 440
121 905
-
-
withholding
5 133
22 079
-
-
total
5 133
22 079
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 005
50 674
63 475
49 788
After tax
105 495
99 826
87 025
100 712
Living cost
42 188
42 188
42 188
42 188
Free-cash
63 307
57 638
44 837
58 524

Estimated living cost  is ₽42188 per week

₽31607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
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.
₽6977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48356
-₽5725
₽26170
₽41045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 885
city
-
-
-
1 587
pensions
-
-
-
13 844
health
-
-
-
339
other

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

-
-
-
3 010
national
-
-
-
1 934
total
-
-
-
27 599
Employee
87 237
-
134 705
-
regional
2 857
-
5 949
-
national
413
-
1 588
-
pensions
7 329
-
11 313
-
unemployment
-
-
-
-
city
936
-
1 447
-
health
197
-
303
-
total
11 732
-
20 600
-
Employer
87 237
-
134 705
-
pensions
7 329
-
11 313
-
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.

1 744
-
2 694
-
unemployment
-
-
-
-
health
197
-
303
-
total
9 270
-
14 310
-
Corporate
53 033
150 500
-
-
regional
11 216
31 830
-
-
national
4 507
12 793
-
-
total
15 723
44 623
-
-
Dividends
37 310
105 876
-
-
withholding
13 060
37 057
-
-
total
13 060
37 057
-
-
Income
150 500
150 500
150 500
150 500
Total tax
49 785
81 680
34 910
27 599
After tax
100 715
68 820
115 590
122 901
Living cost
74 545
74 545
74 545
74 545
Free-cash
26 170
-5 725
41 045
48 356

Estimated living cost  is ₽74545 per week

₽48476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35512
₽31562
₽46718
₽53869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 357
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.

-
-
-
6 386
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.

-
-
-
2 473
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.

-
-
-
44 952
total
-
-
-
72 168
Employee

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

56 175
-
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.

364
-
2 473
-
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.

6 606
-
44 952
-
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.

6 386
-
6 386
-
total
13 356
-
53 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 325
150 500
-
-
trade
16 177
25 811
-
-
income
14 148
22 575
-
-
chamber of commerce
275
353
-
-
surtax

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

779
1 242
-
-
total
31 379
49 981
-
-
Dividends
62 946
100 519
-
-
withholding
15 381
24 775
-
-
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.

846
1 362
-
-
total
16 227
26 137
-
-
Income
150 500
150 500
150 500
150 500
Total tax
60 962
76 118
53 811
72 168
After tax
89 538
74 382
96 689
78 332
Living cost
42 820
42 820
42 820
42 820
Free-cash
46 718
31 562
53 869
35 512

Estimated living cost  is ₽42820 per week

₽31274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53060
₽43874
₽49393
₽52300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 184
health
-
-
-
5 923
surtax
-
-
-
-
other
-
-
-
4 665
social contributions
-
-
-
4 289
income
-
-
-
22 399
total
-
-
-
65 460
Employee
40 005
-
117 406
-
social contributions
1 141
-
3 345
-
surtax
-
-
-
-
pensions
4 523
-
7 776
-
income
2 361
-
22 004
-
total
8 025
-
33 125
-
Employer
40 005
-
117 406
-
pensions
6 572
-
13 164
-
social contributions
121
-
353
-
other
1 380
-
4 416
-
unemployment
1 619
-
4 756
-
health
2 801
-
10 406
-
total
12 493
-
33 095
-
Corporate
98 002
150 500
-
-
income
27 441
42 140
-
-
surtax
-
-
-
-
total
27 441
42 140
-
-
Dividends
70 562
108 360
-
-
withholding
9 032
13 869
-
-
surtax
-
-
-
-
social contributions
12 136
18 637
-
-
total
21 168
32 506
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 127
74 646
66 220
65 460
After tax
81 373
75 854
84 280
85 040
Living cost
31 980
31 980
31 980
31 980
Free-cash
49 393
43 874
52 300
53 060

Estimated living cost  is ₽31980 per week

₽20165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56229
₽47043
₽52233
₽55469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 184
health
-
-
-
5 923
surtax
-
-
-
-
other
-
-
-
4 665
social contributions
-
-
-
4 289
income
-
-
-
22 399
total
-
-
-
65 460
Employee
35 710
-
117 406
-
social contributions
1 018
-
3 345
-
surtax
-
-
-
-
pensions
4 039
-
7 776
-
income
1 841
-
22 004
-
total
6 898
-
33 125
-
Employer
35 710
-
117 406
-
pensions
5 868
-
13 164
-
social contributions
106
-
353
-
other
1 233
-
4 416
-
unemployment
1 446
-
4 756
-
health
2 499
-
10 406
-
total
11 152
-
33 095
-
Corporate
103 638
150 500
-
-
income
29 020
42 140
-
-
surtax
-
-
-
-
total
29 020
42 140
-
-
Dividends
74 619
108 360
-
-
withholding
9 552
13 869
-
-
surtax
-
-
-
-
social contributions
12 834
18 637
-
-
total
22 386
32 506
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 456
74 646
66 220
65 460
After tax
81 044
75 854
84 280
85 040
Living cost
28 811
28 811
28 811
28 811
Free-cash
52 233
47 043
55 469
56 229

Estimated living cost  is ₽28811 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76831
₽72000
₽72486
₽74143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
10 504
social contributions
-
-
-
20 770
income
-
-
-
22 575
total
-
-
-
53 849
Employee
31 693
-
150 500
-
social contributions
4 374
-
20 770
-
income
5 286
-
25 263
-
health
2 212
-
10 504
-
total
11 872
-
56 537
-
Employer
31 693
-
150 500
-
total
-
-
-
-
Corporate
118 807
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%.

5 940
7 524
-
-
total
5 940
7 524
-
-
Dividends
112 867
142 976
-
-
withholding
16 929
21 447
-
-
social contributions
15 576
19 730
-
-
health
7 877
9 979
-
-
total
40 382
51 156
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 194
58 680
56 537
53 849
After tax
92 306
91 820
93 963
96 651
Living cost
19 820
19 820
19 820
19 820
Free-cash
72 486
72 000
74 143
76 831

Estimated living cost  is ₽19820 per week

₽13265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44269
₽50475
₽49026
₽6671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 202
health
-
-
-
8 353
surtax
-
-
-
184
unemployment
-
-
-
5 733
income
-
-
-
38 222
chamber of commerce
-
-
-
601
total
-
-
-
73 295
Employee
46 713
37 250
118 229
-
pensions
4 784
3 814
11 182
-
other
467
372
1 093
-
unemployment
1 401
1 117
3 276
-
income
5 318
2 748
30 176
-
health
1 808
1 442
4 225
-
total
13 778
9 493
49 952
-
Employer
46 713
37 250
118 229
-
payroll
1 401
1 117
3 548
-
chamber of commerce
186
149
474
-
pensions
5 862
4 676
13 704
-
surtax
184
184
184
-
other
2 219
1 768
5 538
-
unemployment
1 401
1 117
3 276
-
accident
607
484
1 419
-
health
1 765
1 408
4 128
-
total
13 625
10 903
32 271
-
Corporate
90 160
102 345
114 681
-
income

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

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

22 540
25 585
28 670
-
total
22 540
25 585
28 670
-
Dividends
67 621
76 759
-
-
withholding
18 595
21 108
-
-
total
18 595
21 108
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 538
67 089
110 893
73 295
After tax
81 962
83 411
39 607
77 205
Living cost
32 936
32 936
32 936
32 936
Free-cash
49 026
50 475
6 671
44 269

Estimated living cost  is ₽32936 per week

₽21967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31076
₽50119
₽36098
₽19697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 304
communal

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

-
-
-
7 631
national
-
-
-
54 408
total
-
-
-
85 343
Employee

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

66 861
-
116 569
-
national
20 556
-
41 475
-
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.

5 015
-
8 743
-
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.

582
-
1 015
-
communal

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

3 487
-
6 081
-
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.

3 141
-
5 479
-
total
32 781
-
62 793
-
Employer

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

66 861
-
116 569
-
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.

5 925
-
10 327
-
surtax
7 581
-
13 218
-
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.

976
-
1 701
-
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.

869
-
1 515
-
health

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

4 112
-
7 168
-
total
19 463
-
33 929
-
Corporate
64 177
150 500
-
-
income
12 835
30 100
-
-
surtax
257
601
-
-
total
13 092
30 701
-
-
Dividends
51 084
119 799
-
-
withholding

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

14 985
35 599
-
-
total
14 985
35 599
-
-
Income
150 500
150 500
150 500
150 500
Total tax
80 321
66 300
96 722
85 343
After tax
70 179
84 200
53 778
65 157
Living cost
34 081
34 081
34 081
34 081
Free-cash
36 098
50 119
19 697
31 076

Estimated living cost  is ₽34081 per week

₽21953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50861
₽66732
₽60070
₽46939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
39 890
total
-
-
-
65 882
Employee
46 528
-
122 880
-
pensions
2 187
-
4 073
-
other
46
-
87
-
unemployment
722
-
1 343
-
income
9 817
-
36 681
-
total
12 772
-
42 184
-
Employer
46 528
-
122 880
-
pensions
10 980
-
20 447
-
other
371
-
694
-
unemployment
2 560
-
4 764
-
accident
921
-
1 715
-
total
14 832
-
27 620
-
Corporate
89 141
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.

13 371
22 575
-
-
total
13 371
22 575
-
-
Dividends
75 770
127 925
-
-
withholding
15 698
27 436
-
-
total
15 698
27 436
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 673
50 011
69 804
65 882
After tax
93 827
100 489
80 696
84 618
Living cost
33 757
33 757
33 757
33 757
Free-cash
60 070
66 732
46 939
50 861

Estimated living cost  is ₽33757 per week

₽24858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25196
₽38090
₽26815
₽31197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 558
health
-
-
-
10 574
surtax
-
-
-
7 461
accident
-
-
-
1 268
communal
-
-
-
9 511
income
-
-
-
23 135
total
-
-
-
74 507
Employee
70 786
-
134 436
-
surtax
4 339
-
8 239
-
pensions
5 662
-
10 755
-
income
6 837
-
27 467
-
health
3 150
-
5 981
-
total
19 988
-
52 442
-
Employer
70 786
-
134 436
-
pensions
5 662
-
10 755
-
accident
637
-
1 210
-
health
2 159
-
4 099
-
total
8 458
-
16 064
-
Corporate
71 257
150 500
-
-
communal
4 811
10 159
-
-
income
10 689
22 575
-
-
surtax
749
1 580
-
-
total
16 249
34 314
-
-
Dividends
55 009
116 186
-
-
withholding
8 252
17 428
-
-
income
19 941
9 871
-
-
total
28 193
27 299
-
-
Income
150 500
150 500
150 500
150 500
Total tax
72 888
61 613
68 506
74 507
After tax
77 612
88 887
81 994
75 993
Living cost
50 797
50 797
50 797
50 797
Free-cash
26 815
38 090
31 197
25 196

Estimated living cost  is ₽50797 per week

₽38105
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.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50411
₽73669
₽70695
₽44602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 950
health
-
-
-
8 857
surtax
-
-
-
5 784
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
39 290
total
-
-
-
79 094
Employee
31 478
-
124 329
-
surtax
112
-
4 846
-
pensions
2 100
-
8 293
-
other
-
-
-
-
unemployment
2 191
-
8 653
-
income
5 277
-
33 770
-
health
804
-
3 170
-
total
10 484
-
58 732
-
Employer
31 478
-
124 329
-
pensions
4 197
-
16 573
-
other
-
-
-
-
unemployment
999
-
3 941
-
health
1 431
-
5 657
-
total
6 627
-
26 171
-
Corporate
112 395
150 500
-
-
income
29 224
39 130
-
-
total
29 224
39 130
-
-
Dividends
83 171
111 370
-
-
withholding
12 475
16 706
-
-
total
12 475
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 810
55 836
84 903
79 094
After tax
91 690
94 664
65 597
71 406
Living cost
20 995
20 995
20 995
20 995
Free-cash
70 695
73 669
44 602
50 411

Estimated living cost  is ₽20995 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47068
₽53927
₽51852
₽40305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
municipal
-
-
-
894
regional
-
-
-
2 270
social contributions
-
-
-
38 708
national
-
-
-
36 381
total
-
-
-
78 253
Employee
51 850
-
150 500
-
social contributions
17 484
-
50 749
-
municipal
275
-
798
-
regional
698
-
2 025
-
national
8 215
-
31 444
-
total
26 672
-
85 016
-
Employer
51 850
-
150 500
-
total
-
-
-
-
Corporate
98 650
150 500
-
-
nationa
23 675
36 120
-
-
municipal
4 903
7 480
-
-
total
28 578
43 600
-
-
Dividends
70 072
106 900
-
-
withholding
18 219
27 794
-
-
total
18 219
27 794
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 469
71 394
85 016
78 253
After tax
77 031
79 106
65 484
72 247
Living cost
25 179
25 179
25 179
25 179
Free-cash
51 852
53 927
40 305
47 068

Estimated living cost  is ₽25179 per week

₽15659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53621
₽74996
₽64785
₽47751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
20 318
social contributions
-
-
-
33 424
solidarity contribution
-
-
-
-
income
-
-
-
14 514
total
-
-
-
68 256
Employee
42 093
-
112 313
-
social contributions
2 736
-
7 300
-
income
5 051
-
13 478
-
solidarity contribution
-
-
-
-
health
5 683
-
15 162
-
total
13 470
-
35 940
-
Employer
42 093
-
112 313
-
social contributions
10 523
-
28 078
-
health
3 788
-
10 108
-
total
14 311
-
38 186
-
Corporate
94 095
150 500
-
-
income
17 878
28 595
-
-
total
17 878
28 595
-
-
Dividends
76 217
121 905
-
-
withholding
11 433
18 286
-
-
total
11 433
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 092
46 881
74 126
68 256
After tax
93 408
103 619
76 374
82 244
Living cost
28 623
28 623
28 623
28 623
Free-cash
64 785
74 996
47 751
53 621

Estimated living cost  is ₽28623 per week

₽21286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47568
₽53688
₽53224
₽9845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 202
health
-
-
-
8 353
surtax
-
-
-
-
unemployment
-
-
-
5 733
income
-
-
-
38 222
chamber of commerce
-
-
-
601
total
-
-
-
73 111
Employee
40 859
37 250
118 401
-
pensions
4 184
3 814
11 182
-
other
408
372
1 093
-
unemployment
1 226
1 117
3 276
-
income
3 640
2 748
30 247
-
health
1 580
1 442
4 225
-
total
11 038
9 493
50 023
-
Employer
40 859
37 250
118 401
-
payroll
1 226
1 117
3 551
-
chamber of commerce
163
149
474
-
pensions
5 128
4 676
13 704
-
surtax
-
-
-
-
other
1 941
1 768
5 545
-
unemployment
1 226
1 117
3 276
-
accident
530
484
1 419
-
health
1 545
1 408
4 128
-
total
11 759
10 719
32 097
-
Corporate
97 882
102 529
114 855
-
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.

24 470
25 632
28 714
-
total
24 470
25 632
28 714
-
Dividends
73 412
76 898
-
-
withholding
20 188
21 147
-
-
total
20 188
21 147
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 455
66 991
110 834
73 111
After tax
83 045
83 509
39 666
77 389
Living cost
29 821
29 821
29 821
29 821
Free-cash
53 224
53 688
9 845
47 568

Estimated living cost  is ₽29821 per week

₽17889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137093
₽131073
₽128841
₽108498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 878
-
150 500
-
income
2 976
-
30 100
-
total
2 976
-
30 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

135 622
150 500
-
-
total
-
-
-
-
Dividends
135 622
150 500
-
-
withholding
6 781
7 525
-
-
total
6 781
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 757
7 525
30 100
1 505
After tax
140 743
142 975
120 400
148 995
Living cost
11 902
11 902
11 902
11 902
Free-cash
128 841
131 073
108 498
137 093

Estimated living cost  is ₽11902 per week

₽8054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49152
₽78547
₽70728
₽45167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 485
health
-
-
-
14 810
unemployment
-
-
-
225
income
-
-
-
33 757
total
-
-
-
76 277
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.

41 334
-
130 225
-
pensions
6 407
-
20 184
-
unemployment
59
-
183
-
income
7 128
-
31 210
-
health
2 670
-
8 411
-
total
16 264
-
59 988
-
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.

41 334
-
130 225
-
pensions
3 658
-
11 524
-
unemployment
25
-
78
-
health
2 753
-
8 672
-
total
6 436
-
20 274
-
Corporate
102 731
150 500
-
-
income
19 519
28 596
-
-
total
19 519
28 596
-
-
Dividends
83 212
121 904
-
-
withholding
12 482
18 286
-
-
total
12 482
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 701
46 882
80 262
76 277
After tax
95 799
103 618
70 238
74 223
Living cost
25 071
25 071
25 071
25 071
Free-cash
70 728
78 547
45 167
49 152

Estimated living cost  is ₽25071 per week

₽17206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63226
₽50782
₽5824
₽97284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 476
-
-
-
social contributions
4 795
-
683
-
income
12 899
-
-
-
total
17 694
-
683
-
Employer
58 476
-
-
-
social contributions
82 451
-
11 751
-
total
82 451
-
11 751
-
Corporate
9 574
150 500
-
-
income
2 106
33 110
-
-
total
2 106
33 110
-
-
Dividends
7 468
117 390
-
-
income
1 643
25 826
-
-
total
1 643
25 826
-
-
Income
150 500
150 500
150 500
150 500
Total tax
103 894
58 936
12 434
46 492
After tax
46 606
91 564
138 066
104 008
Living cost
40 782
40 782
40 782
40 782
Free-cash
5 824
50 782
97 284
63 226

Estimated living cost  is ₽40782 per week

₽26461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3836
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.
₽9966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51804
₽56284
₽55344
₽40779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
52 299
income
-
-
-
17 078
total
-
-
-
69 377
Employee
42 990
-
121 615
-
social contributions
4 729
-
13 378
-
surtax
-
-
-
-
income
8 942
-
38 141
-
total
13 671
-
51 519
-
Employer
42 990
-
121 615
-
social contributions
10 210
-
28 883
-
total
10 210
-
28 883
-
Corporate
97 300
150 500
-
-
income
20 433
31 606
-
-
surtax
-
-
-
-
total
20 433
31 606
-
-
Dividends
76 868
118 894
-
-
withholding
21 523
33 291
-
-
total
21 523
33 291
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 837
64 897
80 402
69 377
After tax
84 663
85 603
70 098
81 123
Living cost
29 319
29 319
29 319
29 319
Free-cash
55 344
56 284
40 779
51 804

Estimated living cost  is ₽29319 per week

₽21937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39894
₽30708
₽37131
₽39134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 184
health
-
-
-
5 923
surtax
-
-
-
-
other
-
-
-
4 665
social contributions
-
-
-
4 289
income
-
-
-
22 399
total
-
-
-
65 460
Employee
58 543
-
117 406
-
social contributions
1 667
-
3 345
-
surtax
-
-
-
-
pensions
6 622
-
7 776
-
income
5 108
-
22 004
-
total
13 397
-
33 125
-
Employer
58 543
-
117 406
-
pensions
9 619
-
13 164
-
social contributions
176
-
353
-
other
2 020
-
4 416
-
unemployment
2 372
-
4 756
-
health
4 097
-
10 406
-
total
18 284
-
33 095
-
Corporate
73 672
150 500
-
-
income
20 628
42 140
-
-
surtax
-
-
-
-
total
20 628
42 140
-
-
Dividends
53 045
108 360
-
-
withholding
6 790
13 869
-
-
surtax
-
-
-
-
social contributions
9 124
18 637
-
-
total
15 914
32 506
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 223
74 646
66 220
65 460
After tax
82 277
75 854
84 280
85 040
Living cost
45 146
45 146
45 146
45 146
Free-cash
37 131
30 708
39 134
39 894

Estimated living cost  is ₽45146 per week

₽30554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83230
₽107352
₽104213
₽87230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
33 110
income
-
-
-
6 063
total
-
-
-
39 173
Employee
30 050
-
130 303
-
social contributions
1 953
-
8 470
-
income
-
-
6 506
-
total
1 953
-
14 976
-
Employer
30 050
-
130 303
-
social contributions
4 658
-
20 197
-
total
4 658
-
20 197
-
Corporate
115 792
150 500
-
-
income
11 579
15 051
-
-
total
11 579
15 051
-
-
Dividends
104 212
135 449
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
18 190
15 051
35 173
39 173
After tax
132 310
135 449
115 327
111 327
Living cost
28 097
28 097
28 097
28 097
Free-cash
104 213
107 352
87 230
83 230

Estimated living cost  is ₽28097 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44604
-₽52923
-₽52923
-₽52923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
municipal
-
-
-
30 935
pensions
-
-
-
809
labour market
-
-
-
11 975
national
-
-
-
17 212
total
-
-
-
60 931
Employee
189 787
189 787
189 787
-
municipal
40 414
40 414
40 414
-
national
23 186
23 186
23 186
-
pensions
270
270
270
-
labour market
15 161
15 161
15 161
-
total
79 031
79 031
79 031
-
Employer
189 787
189 787
189 787
-
labour market
15 183
15 183
15 183
-
pensions
540
540
540
-
municipal
40 478
40 478
40 478
-
national
23 226
23 226
23 226
-
total
79 427
79 427
79 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
158 458
158 458
158 458
60 931
After tax
-7 958
-7 958
-7 958
89 569
Living cost
44 965
44 965
44 965
44 965
Free-cash
-52 923
-52 923
-52 923
44 604

Estimated living cost  is ₽44965 per week

₽30775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82338
-₽8416
₽9030
₽60546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
40 935
total
-
-
-
47 556
Employee
32 415
-
134 485
-
pensions
3 650
-
7 253
-
income
4 447
-
30 681
-
health
3 712
-
15 399
-
total
11 809
-
53 333
-
Employer
32 415
-
134 485
-
pensions
5 271
-
10 474
-
unemployment
794
-
3 295
-
accident
541
-
2 246
-
total
6 606
-
16 015
-
Corporate
111 479
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.

100 331
135 450
-
-
total
100 331
135 450
-
-
Dividends
11 148
15 050
-
-
withholding
2 118
2 860
-
-
total
2 118
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
120 864
138 310
69 348
47 556
After tax
29 636
12 190
81 152
102 944
Living cost
20 606
20 606
20 606
20 606
Free-cash
9 030
-8 416
60 546
82 338

Estimated living cost  is ₽20606 per week

₽14999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63240
₽59300
₽61309
₽43962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 744
health
-
-
-
1 928
national
-
-
-
22 702
total
-
-
-
51 374
Employee
49 178
-
126 609
-
municipal
8 055
-
20 629
-
national
812
-
14 126
-
pensions
3 319
-
8 546
-
unemployment
738
-
1 900
-
health
367
-
1 559
-
total
13 291
-
46 760
-
Employer
49 178
-
126 609
-
pensions
8 532
-
21 967
-
unemployment
319
-
823
-
accident
50
-
126
-
health
378
-
976
-
total
9 279
-
23 892
-
Corporate
92 044
150 500
-
-
income
18 409
30 100
-
-
total
18 409
30 100
-
-
Dividends

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

55 226
90 300
-
-
municipal
9 940
16 253
-
-
national
2 386
8 961
-
-
total
12 326
25 214
-
-
Income
150 500
150 500
150 500
150 500
Total tax
53 305
55 314
70 652
51 374
After tax
97 195
95 186
79 848
99 126
Living cost
35 886
35 886
35 886
35 886
Free-cash
61 309
59 300
43 962
63 240

Estimated living cost  is ₽35886 per week

₽23441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81935
₽88197
₽83110
₽80572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
health
-
-
-
3 839
social contributions
-
-
-
15 123
income
-
-
-
27 962
total
-
-
-
46 924
Employee
71 876
71 876
139 866
-
social contributions
2 717
5 965
8 046
-
income
7 826
6 654
27 230
-
health
557
1 222
2 377
-
total
11 100
13 841
37 653
-
Employer
71 876
71 876
139 866
-
social contributions
2 717
5 965
8 046
-
health
605
1 330
2 588
-
total
3 322
7 295
10 634
-
Corporate
114 436
71 329
-
-
income
14 304
8 917
-
-
total
14 304
8 917
-
-
Dividends
100 132
62 412
-
-
withholding
17 023
10 609
-
-
total
17 023
10 609
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 749
40 662
48 287
46 924
After tax
104 751
109 838
102 213
103 576
Living cost
21 641
21 641
21 641
21 641
Free-cash
83 110
88 197
80 572
81 935

Estimated living cost  is ₽21641 per week

₽12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111107
₽109788
₽105036
₽92360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 946
health
-
-
-
3 383
unemployment
-
-
-
27
income
-
-
-
15 196
total
-
-
-
24 552
Employee

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

21 455
-
141 365
-
pensions
3 218
-
13 304
-
unemployment
106
-
443
-
income
1 467
-
12 878
-
health
1 823
-
7 539
-
total
6 614
-
34 164
-
Employer

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

21 455
-
141 365
-
pensions
1 180
-
4 878
-
unemployment
106
-
443
-
health
922
-
3 814
-
total
2 208
-
9 135
-
Corporate
126 837
150 500
-
-
income
11 414
13 545
-
-
total
11 414
13 545
-
-
Dividends
115 422
136 955
-
-
withholding
10 387
12 326
-
-
total
10 387
12 326
-
-
Income
150 500
150 500
150 500
150 500
Total tax
30 623
25 871
43 299
24 552
After tax
119 877
124 629
107 201
125 948
Living cost
14 841
14 841
14 841
14 841
Free-cash
105 036
109 788
92 360
111 107

Estimated living cost  is ₽14841 per week

₽9469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58914
₽74785
₽70655
₽54992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
39 890
total
-
-
-
65 882
Employee
34 562
-
122 880
-
pensions
1 625
-
4 073
-
other
34
-
87
-
unemployment
536
-
1 343
-
income
6 663
-
36 681
-
total
8 858
-
42 184
-
Employer
34 562
-
122 880
-
pensions
8 156
-
20 447
-
other
277
-
694
-
unemployment
1 902
-
4 764
-
accident
685
-
1 715
-
total
11 020
-
27 620
-
Corporate
104 919
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.

15 737
22 575
-
-
total
15 737
22 575
-
-
Dividends
89 182
127 925
-
-
withholding
18 526
27 436
-
-
total
18 526
27 436
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 141
50 011
69 804
65 882
After tax
96 359
100 489
80 696
84 618
Living cost
25 704
25 704
25 704
25 704
Free-cash
70 655
74 785
54 992
58 914

Estimated living cost  is ₽25704 per week

₽17350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94935
₽92091
₽91792
₽94806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 328
health
-
-
-
963
income
-
-
-
51 453
total
-
-
-
53 744
Employee
2 773
-
149 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
51 383
-
health
139
-
332
-
total
953
-
52 379
-
Employer
2 773
-
149 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
147 103
150 500
-
-
income
32 363
33 110
-
-
total
32 363
33 110
-
-
Dividends
114 740
117 390
-
-
withholding
22 948
23 478
-
-
total
22 948
23 478
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 887
56 588
53 873
53 744
After tax
93 613
93 912
96 627
96 756
Living cost
1 821
1 821
1 821
1 821
Free-cash
91 792
92 091
94 806
94 935

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74526
₽92581
₽87984
₽74527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 949
health
-
-
-
7 111
unemployment
-
-
-
1 036
income
-
-
-
33 723
total
-
-
-
59 819
Employee

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

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

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

24 361
-
138 143
-
pensions
3 410
-
9 665
-
unemployment
183
-
518
-
income
3 358
-
33 723
-
health
1 255
-
3 555
-
total
8 206
-
47 461
-
Employer

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

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

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

24 361
-
138 143
-
pensions
2 923
-
8 284
-
unemployment
183
-
518
-
health
1 255
-
3 555
-
total
4 361
-
12 357
-
Corporate
121 779
150 500
-
-
income
18 267
22 575
-
-
total
18 267
22 575
-
-
Dividends
103 512
127 925
-
-
withholding
15 527
19 189
-
-
total
15 527
19 189
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 361
41 764
59 818
59 819
After tax
104 139
108 736
90 682
90 681
Living cost
16 155
16 155
16 155
16 155
Free-cash
87 984
92 581
74 527
74 526

Estimated living cost  is ₽16155 per week

₽10877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55924
₽60404
₽60069
₽44899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
52 299
income
-
-
-
17 078
total
-
-
-
69 377
Employee
36 279
-
121 615
-
social contributions
3 991
-
13 378
-
surtax
-
-
-
-
income
7 089
-
38 141
-
total
11 080
-
51 519
-
Employer
36 279
-
121 615
-
social contributions
8 615
-
28 883
-
total
8 615
-
28 883
-
Corporate
105 606
150 500
-
-
income
22 178
31 606
-
-
surtax
-
-
-
-
total
22 178
31 606
-
-
Dividends
83 428
118 894
-
-
withholding
23 359
33 291
-
-
total
23 359
33 291
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 232
64 897
80 402
69 377
After tax
85 268
85 603
70 098
81 123
Living cost
25 199
25 199
25 199
25 199
Free-cash
60 069
60 404
44 899
55 924

Estimated living cost  is ₽25199 per week

₽17848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽51768
₽67639
₽61296
₽47846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
39 890
total
-
-
-
65 882
Employee
45 143
-
122 880
-
pensions
2 121
-
4 073
-
other
44
-
87
-
unemployment
699
-
1 343
-
income
9 429
-
36 681
-
total
12 293
-
42 184
-
Employer
45 143
-
122 880
-
pensions
10 653
-
20 447
-
other
362
-
694
-
unemployment
2 483
-
4 764
-
accident
894
-
1 715
-
total
14 392
-
27 620
-
Corporate
90 965
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.

13 644
22 575
-
-
total
13 644
22 575
-
-
Dividends
77 320
127 925
-
-
withholding
16 025
27 436
-
-
total
16 025
27 436
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 354
50 011
69 804
65 882
After tax
94 146
100 489
80 696
84 618
Living cost
32 850
32 850
32 850
32 850
Free-cash
61 296
67 639
47 846
51 768

Estimated living cost  is ₽32850 per week

₽23592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2554
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.
₽6242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103114
₽112589
₽106890
₽108863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
22 575
total
-
-
-
31 298
Employee
21 302
-
144 091
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 868
-
income
2 131
-
14 410
-
health
980
-
1 503
-
total
5 215
-
19 140
-
Employer
21 302
-
144 091
-
pensions

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

2 347
-
3 600
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 470
-
2 254
-
total
4 179
-
6 409
-
Corporate
125 018
150 500
-
-
income
12 502
15 050
-
-
total
12 502
15 050
-
-
Dividends
112 516
135 450
-
-
withholding
5 626
6 773
-
-
total
5 626
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
27 522
21 823
25 549
31 298
After tax
122 978
128 677
124 951
119 202
Living cost
16 088
16 088
16 088
16 088
Free-cash
106 890
112 589
108 863
103 114

Estimated living cost  is ₽16088 per week

₽10640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45241
₽41390
₽53617
₽60602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 361
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.

-
-
-
6 386
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.

-
-
-
2 473
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.

-
-
-
44 952
total
-
-
-
69 172
Employee

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

46 508
-
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.

211
-
2 473
-
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.

3 824
-
44 952
-
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.

6 386
-
6 386
-
total
10 421
-
53 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 992
150 500
-
-
trade
14 923
21 596
-
-
income
15 599
22 575
-
-
chamber of commerce
294
362
-
-
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.

859
1 242
-
-
total
31 675
45 775
-
-
Dividends
72 317
104 725
-
-
withholding
17 724
25 827
-
-
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.

976
1 421
-
-
total
18 700
27 248
-
-
Income
150 500
150 500
150 500
150 500
Total tax
60 796
73 023
53 811
69 172
After tax
89 704
77 477
96 689
81 328
Living cost
36 087
36 087
36 087
36 087
Free-cash
53 617
41 390
60 602
45 241

Estimated living cost  is ₽36087 per week

₽24894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
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.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27722
₽52103
₽54167
₽27722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 782
income
-
-
-
44 750
total
-
-
-
69 532
Employee
73 116
-
150 500
-
social contributions
6 074
-
24 782
-
income
13 797
-
44 750
-
total
19 871
-
69 532
-
Employer
73 116
-
150 500
-
total
-
-
-
-
Corporate
77 384
150 500
-
-
income
9 673
18 813
-
-
total
9 673
18 813
-
-
Dividends
67 711
131 687
-
-
withholding
13 543
26 338
-
-
total
13 543
26 338
-
-
Income
150 500
150 500
150 500
150 500
Total tax
43 087
45 151
69 532
69 532
After tax
107 413
105 349
80 968
80 968
Living cost
53 246
53 246
53 246
53 246
Free-cash
54 167
52 103
27 722
27 722

Estimated living cost  is ₽53246 per week

₽40508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84229
₽58956
₽62223
₽73940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 733
income
-
-
-
26 607
total
-
-
-
32 340
Employee
42 879
-
146 200
-
social contributions
4 296
-
4 300
-
income
4 653
-
34 029
-
total
8 949
-
38 329
-
Employer
42 879
-
146 200
-
social contributions
4 296
-
4 300
-
total
4 296
-
4 300
-
Corporate
103 324
150 500
-
-
income
36 163
52 675
-
-
total
36 163
52 675
-
-
Dividends
67 162
97 825
-
-
social contributions
4 938
4 938
-
-
total
4 938
4 938
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 346
57 613
42 629
32 340
After tax
96 154
92 887
107 871
118 160
Living cost
33 931
33 931
33 931
33 931
Free-cash
62 223
58 956
73 940
84 229

Estimated living cost  is ₽33931 per week

₽22350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
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.
₽8385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66414
₽65528
₽70997
₽52727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 066
income
-
-
-
41 722
total
-
-
-
49 788
Employee
47 078
-
131 584
-
pensions
3 593
-
10 007
-
income
8 573
-
32 597
-
health
614
-
1 955
-
total
12 780
-
44 559
-
Employer
47 078
-
131 584
-
pensions
4 756
-
16 417
-
health
895
-
2 499
-
total
5 651
-
18 916
-
Corporate
97 770
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.

18 576
28 595
-
-
total
18 576
28 595
-
-
Dividends
79 194
121 905
-
-
withholding
8 198
22 079
-
-
total
8 198
22 079
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 205
50 674
63 475
49 788
After tax
105 295
99 826
87 025
100 712
Living cost
34 298
34 298
34 298
34 298
Free-cash
70 997
65 528
52 727
66 414

Estimated living cost  is ₽34298 per week

₽23528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
₽80298
-₽10456
₽8717
₽58506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
40 935
total
-
-
-
47 556
Employee
35 624
-
134 485
-
pensions
4 011
-
7 253
-
income
4 887
-
30 681
-
health
4 079
-
15 399
-
total
12 977
-
53 333
-
Employer
35 624
-
134 485
-
pensions
5 792
-
10 474
-
unemployment
873
-
3 295
-
accident
595
-
2 246
-
total
7 260
-
16 015
-
Corporate
107 616
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.

96 855
135 450
-
-
total
96 855
135 450
-
-
Dividends
10 762
15 050
-
-
withholding
2 045
2 860
-
-
total
2 045
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
119 137
138 310
69 348
47 556
After tax
31 363
12 190
81 152
102 944
Living cost
22 646
22 646
22 646
22 646
Free-cash
8 717
-10 456
58 506
80 298

Estimated living cost  is ₽22646 per week

₽16620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽72217
₽114033
₽109665
₽92751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 478
health insurance
-
-
-
11 051
work injury
-
-
-
747
unemployment
-
-
-
1 792
income
-
-
-
24 602
total
-
-
-
65 670
Employee

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

20 182
-
150 500
-
pensions
3 713
-
13 739
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
24 602
-
work injury
101
-
373
-
total
7 567
-
45 136
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 318
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%.

1 303
1 505
-
-
total
1 303
1 505
-
-
Dividends
129 015
148 995
-
-
withholding
19 352
22 349
-
-
total
19 352
22 349
-
-
Income
150 500
150 500
150 500
150 500
Total tax
28 222
23 854
45 136
65 670
After tax
122 278
126 646
105 364
84 830
Living cost
12 613
12 613
12 613
12 613
Free-cash
109 665
114 033
92 751
72 217

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽33737
₽42036
₽37785
₽27129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
municipal
-
-
-
1 006
regional
-
-
-
3 431
social contributions
-
-
-
38 708
national
-
-
-
36 381
total
-
-
-
79 526
Employee
78 766
-
150 500
-
social contributions
26 559
-
50 749
-
municipal
470
-
898
-
regional
1 189
-
3 043
-
national
13 311
-
31 444
-
total
41 529
-
86 134
-
Employer
78 766
-
150 500
-
total
-
-
-
-
Corporate
71 734
150 500
-
-
nationa
17 217
36 120
-
-
municipal
3 457
7 255
-
-
total
20 674
43 375
-
-
Dividends
51 061
107 125
-
-
withholding
13 275
27 852
-
-
total
13 275
27 852
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 478
71 227
86 134
79 526
After tax
75 022
79 273
64 366
70 974
Living cost
37 237
37 237
37 237
37 237
Free-cash
37 785
42 036
27 129
33 737

Estimated living cost  is ₽37237 per week

₽26157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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