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
₽45526
₽56637
₽50876
₽67225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 349
income

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

-
-
-
43 590
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.

-
-
-
6 862
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.

-
-
-
2 398
total
-
-
-
69 199
Employee

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

38 419
-
150 500
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
2 398
-
income

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

1 073
-
43 590
-
total
7 994
-
52 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 081
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.

924
1 241
-
-
income
16 812
22 575
-
-
trade
17 653
23 703
-
-
chamber of commerce
313
368
-
-
total
35 702
47 887
-
-
Dividends
76 378
102 613
-
-
surtax

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

1 029
1 390
-
-
withholding
18 713
25 272
-
-
total
19 742
26 662
-
-
Income
150 500
150 500
150 500
150 500
Total tax
63 438
74 549
52 850
69 199
After tax
87 062
75 951
97 650
81 301
Living cost
30 425
30 425
30 425
30 425
Free-cash
56 637
45 526
67 225
50 876

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43233
₽42389
₽38570
₽39752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 306
pensions
-
-
-
18 060
national
-
-
-
25 267
social contributions
-
-
-
1 618
total
-
-
-
61 251
Employee
78 562
-
130 106
-
municipal
9 704
-
16 888
-
pensions
3 142
-
5 204
-
national
15 037
-
26 170
-
total
27 883
-
48 262
-
Employer
78 562
-
130 106
-
social contributions
845
-
1 399
-
pensions
6 285
-
10 408
-
total
7 130
-
11 807
-
Corporate
59 623
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%.

11 925
30 100
-
-
total
11 925
30 100
-
-
Dividends
47 699
120 400
-
-
withholding
10 494
26 488
-
-
total
10 494
26 488
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 432
56 588
60 069
61 251
After tax
93 068
93 912
90 431
89 249
Living cost
50 679
50 679
50 679
50 679
Free-cash
42 389
43 233
39 752
38 570

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99503
₽91264
₽28120
₽70760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
24 620
surtax
-
-
-
38 377
social contributions

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

-
-
-
38 486
total
-
-
-
101 483
Employee
29 351
-
107 968
-
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.

3 229
-
11 877
-
surtax
-
-
-
-
income
5 225
-
20 956
-
total
8 454
-
32 833
-
Employer
29 351
-
107 968
-
social contributions

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

7 070
-
26 010
-
surtax
-
-
-
-
total
7 070
-
26 010
-
Corporate
114 079
150 500
-
-
income

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

22 815
30 100
-
-
total
22 815
30 100
-
-
Dividends

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

91 264
120 400
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
38 339
30 100
58 843
101 483
After tax
112 161
120 400
91 657
49 017
Living cost
20 897
20 897
20 897
20 897
Free-cash
91 264
99 503
70 760
28 120

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽32037
₽25885
₽42849
₽49081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
41 417
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
65 572
Employee
85 778
85 778
131 833
-
health
13 166
11 199
12 386
-
income

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

14 040
14 040
16 518
-
pensions
15 440
11 769
11 769
-
total
42 646
37 008
40 673
-
Employer
85 778
85 778
131 833
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 421
-
health
5 963
5 963
7 409
-
total
15 021
15 021
18 667
-
Corporate
50 754
49 702
-
-
income
10 150
9 941
-
-
total
10 150
9 941
-
-
Dividends
40 603
39 761
-
-
income
8 629
8 450
-
-
withholding
6 090
5 964
-
-
total
14 719
14 414
-
-
Income
150 500
150 500
150 500
150 500
Total tax
82 536
76 384
59 340
65 572
After tax
67 964
74 116
91 160
84 928
Living cost
42 079
42 079
42 079
42 079
Free-cash
25 885
32 037
49 081
42 849

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43211
₽42338
₽39646
₽38700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 502
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
9 652
total
-
-
-
71 892
Employee
55 518
-
123 670
-
municipal
16 555
-
36 878
-
national
-
-
9 129
-
total
16 555
-
46 007
-
Employer
55 518
-
123 670
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
77 539
150 500
-
-
income
17 058
33 110
-
-
total
17 058
33 110
-
-
Dividends
60 480
117 390
-
-
withholding
18 144
35 217
-
-
total
18 144
35 217
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 200
68 327
72 838
71 892
After tax
81 300
82 173
77 662
78 608
Living cost
38 962
38 962
38 962
38 962
Free-cash
42 338
43 211
38 700
39 646

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35716
₽49829
₽41115
₽58190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 075
income

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

-
-
-
43 590
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.

-
-
-
6 862
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.

-
-
-
2 398
total
-
-
-
69 925
Employee

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

50 939
-
150 500
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
2 398
-
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.

4 377
-
43 590
-
total
11 479
-
52 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 561
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.

822
1 241
-
-
income
14 935
22 575
-
-
trade
16 378
24 757
-
-
chamber of commerce
294
366
-
-
total
32 429
48 939
-
-
Dividends
67 133
101 561
-
-
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.

902
1 376
-
-
withholding
16 401
25 009
-
-
total
17 303
26 385
-
-
Income
150 500
150 500
150 500
150 500
Total tax
61 211
75 324
52 850
69 925
After tax
89 289
75 176
97 650
80 575
Living cost
39 460
39 460
39 460
39 460
Free-cash
49 829
35 716
58 190
41 115

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77299
₽73133
₽71612
₽70216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
26 219
health
-
-
-
3 837
social contributions
-
-
-
16 252
total
-
-
-
46 308
Employee
77 239
77 239
139 276
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 367
-
income
8 111
7 150
25 468
-
total
12 632
14 873
36 481
-
Employer
77 239
77 239
139 276
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 577
-
total
4 590
7 840
11 223
-
Corporate
100 698
65 421
-
-
income
12 586
8 177
-
-
total
12 586
8 177
-
-
Dividends
88 111
57 243
-
-
withholding
14 979
9 731
-
-
total
14 979
9 731
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 787
40 621
47 704
46 308
After tax
105 713
109 879
102 796
104 192
Living cost
32 580
32 580
32 580
32 580
Free-cash
73 133
77 299
70 216
71 612

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66371
₽66751
₽86032
₽69019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

26 310
10 471
125 941
-
health
1 842
733
8 816
-
income
3 216
1 280
15 396
-
pensions
2 631
1 047
12 594
-
unemployment
395
157
1 889
-
total
8 084
3 217
38 695
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
125 941
-
pensions
5 131
2 042
24 559
-
total
5 131
2 042
24 559
-
Corporate
119 059
137 987
-
-
income
10 715
12 419
-
-
total
10 715
12 419
-
-
Dividends
108 344
125 568
-
-
social contributions
21 007
24 366
-
-
withholding
20 585
23 858
-
-
total
41 592
48 224
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 522
65 902
63 254
46 241
After tax
84 978
84 598
87 246
104 259
Living cost
18 227
18 227
18 227
18 227
Free-cash
66 751
66 371
69 019
86 032

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96138
₽89898
₽56406
₽62486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
20 167
pensions
-
-
-
30 100
health
-
-
-
19 565
total
-
-
-
69 832
Employee
28 495
-
112 481
-
income
3 208
-
21 687
-
pensions
570
-
2 249
-
unemployment
456
-
1 799
-
total
4 234
-
25 735
-
Employer
28 495
-
112 481
-
unemployment
229
-
900
-
pensions
5 699
-
22 495
-
health
3 704
-
14 622
-
total
9 632
-
38 017
-
Corporate
112 373
150 500
-
-
income
22 474
30 100
-
-
total
22 474
30 100
-
-
Dividends
89 899
120 400
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
36 340
30 100
63 752
69 832
After tax
114 160
120 400
86 748
80 668
Living cost
24 262
24 262
24 262
24 262
Free-cash
89 898
96 138
62 486
56 406

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9853
₽8809
₽80933
₽58791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
accident
-
-
-
253
income
-
-
-
40 545
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 523
Employee
34 676
-
133 942
-
health
3 970
-
15 336
-
income
4 757
-
30 126
-
pensions
3 905
-
7 645
-
total
12 632
-
53 107
-
Employer
34 676
-
133 942
-
accident
579
-
2 237
-
unemployment
850
-
3 282
-
pensions
5 639
-
11 039
-
total
7 068
-
16 558
-
Corporate
108 757
150 500
-
-
income

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

97 881
135 450
-
-
total
97 881
135 450
-
-
Dividends
10 876
15 050
-
-
withholding
2 066
2 859
-
-
total
2 066
2 859
-
-
Income
150 500
150 500
150 500
150 500
Total tax
119 647
138 309
69 665
47 523
After tax
30 853
12 191
80 835
102 977
Living cost
22 044
22 044
22 044
22 044
Free-cash
8 809
-9 853
58 791
80 933

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133875
₽132169
₽139895
₽111300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
150 500
-
income
2 275
-
30 100
-
total
2 275
-
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%.

139 126
150 500
-
-
total
-
-
-
-
Dividends
139 126
150 500
-
-
withholding
6 956
7 525
-
-
total
6 956
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 231
7 525
30 100
1 505
After tax
141 269
142 975
120 400
148 995
Living cost
9 100
9 100
9 100
9 100
Free-cash
132 169
133 875
111 300
139 895

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83809
₽77024
₽52944
₽59165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
20 901
pensions

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

-
-
-
36 120
other
-
-
-
7 148
health
-
-
-
6 622
total
-
-
-
70 791
Employee
36 471
-
120 207
-
health
511
-
1 683
-
income
6 279
-
22 977
-
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.

2 552
-
8 414
-
unemployment
364
-
1 203
-
total
9 706
-
34 277
-
Employer
36 471
-
120 207
-
accident
292
-
961
-
other
1 824
-
6 010
-
unemployment
364
-
1 203
-
pensions

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

6 201
-
20 436
-
health
511
-
1 683
-
total
9 192
-
30 293
-
Corporate
104 837
150 500
-
-
income
22 016
31 604
-
-
total
22 016
31 604
-
-
Dividends
82 821
118 896
-
-
withholding
5 797
8 322
-
-
total
5 797
8 322
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 711
39 926
64 570
70 791
After tax
103 789
110 574
85 930
79 709
Living cost
26 765
26 765
26 765
26 765
Free-cash
77 024
83 809
59 165
52 944

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
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.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34247
₽31891
₽34677
₽20907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
40 228
pensions
-
-
-
8 502
total
-
-
-
48 730
Employee
94 927
-
131 712
-
health
1 564
-
2 011
-
income
17 112
-
31 051
-
pensions
9 158
-
10 650
-
total
27 834
-
43 712
-
Employer
94 927
-
131 712
-
pensions
11 208
-
16 285
-
health
1 803
-
2 503
-
total
13 011
-
18 788
-
Corporate
42 562
150 500
-
-
income

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

8 086
28 596
-
-
total
8 086
28 596
-
-
Dividends
34 476
121 904
-
-
withholding
2 585
20 564
-
-
total
2 585
20 564
-
-
Income
150 500
150 500
150 500
150 500
Total tax
51 516
49 160
62 500
48 730
After tax
98 984
101 340
88 000
101 770
Living cost
67 093
67 093
67 093
67 093
Free-cash
31 891
34 247
20 907
34 677

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
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.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115510
₽110845
₽105391
₽111008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
22 575
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 941
Employee
17 436
-
143 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 361
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 441
-
Employer
17 436
-
143 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
129 643
150 500
-
-
income
12 964
15 050
-
-
total
12 964
15 050
-
-
Dividends
116 679
135 450
-
-
withholding
5 834
6 772
-
-
total
5 834
6 772
-
-
Income
150 500
150 500
150 500
150 500
Total tax
26 487
21 822
26 324
31 941
After tax
124 013
128 678
124 176
118 559
Living cost
13 168
13 168
13 168
13 168
Free-cash
110 845
115 510
111 008
105 391

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18417
₽20946
₽29229
₽35461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
41 417
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
65 572
Employee
93 127
85 778
131 833
-
health
11 618
11 199
12 386
-
income

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

14 040
14 040
16 518
-
pensions
11 769
11 769
11 769
-
total
37 427
37 008
40 673
-
Employer
93 127
85 778
131 833
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 421
-
health
6 471
5 963
7 409
-
total
16 305
15 021
18 667
-
Corporate
41 067
49 702
-
-
income
8 214
9 941
-
-
total
8 214
9 941
-
-
Dividends
32 854
39 761
-
-
income
6 982
8 450
-
-
withholding
4 927
5 964
-
-
total
11 909
14 414
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 855
76 384
59 340
65 572
After tax
76 645
74 116
91 160
84 928
Living cost
55 699
55 699
55 699
55 699
Free-cash
20 946
18 417
35 461
29 229

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79599
₽71029
₽57257
₽52354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
14 343
health
-
-
-
20 317
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 563
total
-
-
-
69 223
Employee
35 323
-
112 313
-
social contributions
2 296
-
7 300
-
health
4 769
-
15 162
-
solidarity contribution
-
-
-
-
income
4 239
-
13 478
-
total
11 304
-
35 940
-
Employer
35 323
-
112 313
-
social contributions
8 831
-
28 078
-
health
3 179
-
10 108
-
total
12 010
-
38 186
-
Corporate
103 167
150 500
-
-
income
19 602
28 595
-
-
total
19 602
28 595
-
-
Dividends
83 565
121 905
-
-
withholding
12 535
18 286
-
-
total
12 535
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
55 451
46 881
74 126
69 223
After tax
95 049
103 619
76 374
81 277
Living cost
24 020
24 020
24 020
24 020
Free-cash
71 029
79 599
52 354
57 257

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37913
₽32669
₽31089
₽24137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 749
national
-
-
-
35 674
social contributions
-
-
-
38 709
total
-
-
-
77 026
Employee
89 271
-
150 500
-
social contributions
30 102
-
50 748
-
regional
842
-
1 540
-
municipal
473
-
799
-
national
15 469
-
30 891
-
total
46 886
-
83 978
-
Employer
89 271
-
150 500
-
total
-
-
-
-
Corporate
61 229
150 500
-
-
nationa
14 695
36 120
-
-
municipal
2 388
5 869
-
-
total
17 083
41 989
-
-
Dividends
44 146
108 511
-
-
withholding
11 477
28 213
-
-
total
11 477
28 213
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 446
70 202
83 978
77 026
After tax
75 054
80 298
66 522
73 474
Living cost
42 385
42 385
42 385
42 385
Free-cash
32 669
37 913
24 137
31 089

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72499
₽69374
₽49254
₽44633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
37 168
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
5 354
total
-
-
-
79 081
Employee
33 217
-
124 328
-
other
-
-
-
-
health
848
-
3 170
-
surtax
109
-
4 624
-
income
5 568
-
32 790
-
pensions
2 215
-
8 292
-
unemployment
2 312
-
8 654
-
total
11 052
-
57 530
-
Employer
33 217
-
124 328
-
other
-
-
-
-
unemployment
1 052
-
3 942
-
pensions
4 428
-
16 572
-
health
1 512
-
5 658
-
total
6 992
-
26 172
-
Corporate
110 291
150 500
-
-
income
28 676
39 130
-
-
total
28 676
39 130
-
-
Dividends
81 614
111 370
-
-
withholding
12 241
16 706
-
-
total
12 241
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 961
55 836
83 702
79 081
After tax
91 539
94 664
66 798
71 419
Living cost
22 165
22 165
22 165
22 165
Free-cash
69 374
72 499
44 633
49 254

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55504
₽59030
₽55934
₽42164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
40 228
pensions
-
-
-
8 502
total
-
-
-
48 730
Employee
63 617
-
131 712
-
health
924
-
2 011
-
income
11 458
-
31 051
-
pensions
5 400
-
10 650
-
total
17 782
-
43 712
-
Employer
63 617
-
131 712
-
pensions
6 887
-
16 285
-
health
1 209
-
2 503
-
total
8 096
-
18 788
-
Corporate
78 787
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.

14 971
28 596
-
-
total
14 971
28 596
-
-
Dividends
63 817
121 904
-
-
withholding
4 785
20 564
-
-
total
4 785
20 564
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 634
49 160
62 500
48 730
After tax
104 866
101 340
88 000
101 770
Living cost
45 836
45 836
45 836
45 836
Free-cash
59 030
55 504
42 164
55 934

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
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.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7574
₽25113
₽46651
₽39338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
city
-
-
-
1 585
pensions
-
-
-
13 846
other

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

-
-
-
3 010
regional
-
-
-
6 791
health
-
-
-
339
national
-
-
-
1 884
total
-
-
-
27 455
Employee
89 401
-
134 705
-
city
959
-
1 448
-
regional
2 927
-
5 855
-
health
202
-
302
-
pensions
7 511
-
11 315
-
unemployment
-
-
-
-
national
423
-
1 537
-
total
12 022
-
20 457
-
Employer
89 401
-
134 705
-
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.

1 787
-
2 694
-
unemployment
-
-
-
-
pensions
7 511
-
11 315
-
health
202
-
302
-
total
9 500
-
14 311
-
Corporate
50 616
150 500
-
-
regional
10 705
31 831
-
-
national
4 303
12 793
-
-
total
15 008
44 624
-
-
Dividends
35 608
105 876
-
-
withholding
12 463
37 056
-
-
total
12 463
37 056
-
-
Income
150 500
150 500
150 500
150 500
Total tax
48 993
81 680
34 768
27 455
After tax
101 507
68 820
115 732
123 045
Living cost
76 394
76 394
76 394
76 394
Free-cash
25 113
-7 574
39 338
46 651

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28387
₽44676
₽33833
₽51635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 802
income

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

-
-
-
43 590
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.

-
-
-
6 862
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.

-
-
-
2 398
total
-
-
-
70 652
Employee

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

60 367
-
150 500
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
2 398
-
income

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

7 099
-
43 590
-
total
14 352
-
52 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 133
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.

743
1 241
-
-
income
13 520
22 575
-
-
trade
15 457
25 811
-
-
chamber of commerce
280
364
-
-
total
30 000
49 991
-
-
Dividends
60 132
100 509
-
-
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.

806
1 361
-
-
withholding
14 651
24 746
-
-
total
15 457
26 107
-
-
Income
150 500
150 500
150 500
150 500
Total tax
59 809
76 098
52 850
70 652
After tax
90 691
74 402
97 650
79 848
Living cost
46 015
46 015
46 015
46 015
Free-cash
44 676
28 387
51 635
33 833

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41486
₽47419
₽50872
₽51297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
21 413
pensions
-
-
-
29 355
other
-
-
-
4 666
health
-
-
-
5 539
surtax
-
-
-
-
social contributions
-
-
-
4 289
total
-
-
-
65 262
Employee
42 990
-
118 097
-
social contributions
1 226
-
3 364
-
surtax
-
-
-
-
income
2 537
-
21 528
-
pensions
4 861
-
7 541
-
total
8 624
-
32 433
-
Employer
42 990
-
118 097
-
other
1 483
-
4 320
-
social contributions
130
-
355
-
unemployment
1 740
-
4 783
-
pensions
7 062
-
12 814
-
health
3 010
-
10 132
-
total
13 425
-
32 404
-
Corporate
94 085
150 500
-
-
surtax
-
-
-
-
income
26 343
42 140
-
-
total
26 343
42 140
-
-
Dividends
67 742
108 360
-
-
surtax
-
-
-
-
social contributions
11 652
18 639
-
-
withholding
8 671
13 869
-
-
total
20 323
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 715
74 648
64 837
65 262
After tax
81 785
75 852
85 663
85 238
Living cost
34 366
34 366
34 366
34 366
Free-cash
47 419
41 486
51 297
50 872

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
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.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44891
₽50469
₽54277
₽54702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
21 413
pensions
-
-
-
29 355
other
-
-
-
4 666
health
-
-
-
5 539
surtax
-
-
-
-
social contributions
-
-
-
4 289
total
-
-
-
65 262
Employee
38 374
-
118 097
-
social contributions
1 094
-
3 364
-
surtax
-
-
-
-
income
1 979
-
21 528
-
pensions
4 340
-
7 541
-
total
7 413
-
32 433
-
Employer
38 374
-
118 097
-
other
1 325
-
4 320
-
social contributions
114
-
355
-
unemployment
1 554
-
4 783
-
pensions
6 306
-
12 814
-
health
2 686
-
10 132
-
total
11 985
-
32 404
-
Corporate
100 141
150 500
-
-
surtax
-
-
-
-
income
28 040
42 140
-
-
total
28 040
42 140
-
-
Dividends
72 102
108 360
-
-
surtax
-
-
-
-
social contributions
12 402
18 639
-
-
withholding
9 230
13 869
-
-
total
21 632
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 070
74 648
64 837
65 262
After tax
81 430
75 852
85 663
85 238
Living cost
30 961
30 961
30 961
30 961
Free-cash
50 469
44 891
54 702
54 277

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70519
₽71040
₽75350
₽73024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
22 575
health
-
-
-
10 505
social contributions
-
-
-
20 770
total
-
-
-
53 850
Employee
34 058
-
150 500
-
social contributions
4 701
-
20 770
-
health
2 377
-
10 505
-
income
5 680
-
24 902
-
total
12 758
-
56 177
-
Employer
34 058
-
150 500
-
total
-
-
-
-
Corporate
116 442
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%.

5 821
7 526
-
-
total
5 821
7 526
-
-
Dividends
110 621
142 974
-
-
health
7 722
9 979
-
-
social contributions
15 267
19 731
-
-
withholding
16 593
21 446
-
-
total
39 582
51 156
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 161
58 682
56 177
53 850
After tax
92 339
91 818
94 323
96 650
Living cost
21 300
21 300
21 300
21 300
Free-cash
71 040
70 519
73 024
75 350

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48129
₽46577
₽41735
₽3822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
chamber of commerce
-
-
-
602
income
-
-
-
35 725
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
73 371
Employee
50 199
40 030
116 713
-
other
501
400
1 167
-
health
1 942
1 550
4 518
-
income
5 715
2 953
28 133
-
pensions
5 141
4 098
11 952
-
unemployment
1 506
1 201
3 502
-
total
14 805
10 202
49 272
-
Employer
50 199
40 030
116 713
-
accident
652
520
1 517
-
other
2 385
1 900
5 543
-
chamber of commerce
200
160
467
-
unemployment
1 506
1 201
3 502
-
surtax
198
198
198
-
pensions
6 300
5 025
14 647
-
payroll
1 506
1 201
3 502
-
health
1 897
1 514
4 411
-
total
14 644
11 719
33 787
-
Corporate
85 658
98 751
112 901
-
income

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

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

21 414
24 689
28 225
-
total
21 414
24 689
28 225
-
Dividends
64 244
74 062
-
-
withholding
17 666
20 367
-
-
total
17 666
20 367
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 529
66 977
111 284
73 371
After tax
81 971
83 523
39 216
77 129
Living cost
35 394
35 394
35 394
35 394
Free-cash
46 577
48 129
3 822
41 735

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47601
₽32533
₽29125
₽17838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
53 617
communal

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

-
-
-
7 619
social contributions
-
-
-
23 515
total
-
-
-
84 751
Employee

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

71 850
-
116 568
-
communal

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

3 748
-
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.

3 376
-
5 478
-
pensions

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

5 389
-
8 742
-
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.

625
-
1 014
-
national
22 090
-
40 792
-
total
35 228
-
62 107
-
Employer

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

71 850
-
116 568
-
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.

934
-
1 515
-
unemployment

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

1 048
-
1 702
-
surtax
8 147
-
13 217
-
pensions

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

6 367
-
10 328
-
health

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

4 419
-
7 169
-
total
20 915
-
33 931
-
Corporate
57 735
150 500
-
-
surtax
231
602
-
-
income
11 548
30 100
-
-
total
11 779
30 702
-
-
Dividends
45 957
119 797
-
-
withholding

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

13 421
35 573
-
-
total
13 421
35 573
-
-
Income
150 500
150 500
150 500
150 500
Total tax
81 343
66 275
96 038
84 751
After tax
69 157
84 225
54 462
65 749
Living cost
36 624
36 624
36 624
36 624
Free-cash
32 533
47 601
17 838
29 125

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64360
₽57011
₽48481
₽44267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
accident
-
-
-
839
income
-
-
-
37 812
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 743
Employee
50 000
-
120 819
-
other
50
-
93
-
income
10 550
-
34 364
-
pensions
2 350
-
4 377
-
unemployment
776
-
1 443
-
total
13 726
-
40 277
-
Employer
50 000
-
120 819
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
84 562
150 500
-
-
income

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

12 684
22 575
-
-
total
12 684
22 575
-
-
Dividends
71 879
127 925
-
-
withholding
14 866
27 289
-
-
total
14 866
27 289
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 213
49 864
69 957
65 743
After tax
93 287
100 636
80 543
84 757
Living cost
36 276
36 276
36 276
36 276
Free-cash
57 011
64 360
44 267
48 481

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34926
₽23442
₽22780
₽28782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
accident
-
-
-
1 270
income
-
-
-
21 758
pensions
-
-
-
22 558
health
-
-
-
10 574
surtax
-
-
-
7 461
communal
-
-
-
9 512
total
-
-
-
73 133
Employee
76 068
-
134 435
-
health
3 385
-
5 982
-
surtax
4 662
-
8 238
-
income
7 347
-
26 091
-
pensions
6 085
-
10 755
-
total
21 479
-
51 066
-
Employer
76 068
-
134 435
-
accident
684
-
1 210
-
pensions
6 085
-
10 755
-
health
2 320
-
4 100
-
total
9 089
-
16 065
-
Corporate
65 344
150 500
-
-
surtax
686
1 580
-
-
communal
4 411
10 158
-
-
income
9 802
22 575
-
-
total
14 899
34 313
-
-
Dividends
50 445
116 187
-
-
income
19 436
9 246
-
-
withholding
7 568
17 428
-
-
total
27 004
26 674
-
-
Income
150 500
150 500
150 500
150 500
Total tax
72 471
60 987
67 131
73 133
After tax
78 029
89 513
83 369
77 367
Living cost
54 587
54 587
54 587
54 587
Free-cash
23 442
34 926
28 782
22 780

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72102
₽68909
₽48857
₽44236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
37 168
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
5 354
total
-
-
-
79 081
Employee
33 827
-
124 328
-
other
-
-
-
-
health
863
-
3 170
-
surtax
120
-
4 624
-
income
5 671
-
32 790
-
pensions
2 257
-
8 292
-
unemployment
2 354
-
8 654
-
total
11 265
-
57 530
-
Employer
33 827
-
124 328
-
other
-
-
-
-
unemployment
1 073
-
3 942
-
pensions
4 510
-
16 572
-
health
1 538
-
5 658
-
total
7 121
-
26 172
-
Corporate
109 552
150 500
-
-
income
28 484
39 130
-
-
total
28 484
39 130
-
-
Dividends
81 068
111 370
-
-
withholding
12 159
16 706
-
-
total
12 159
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
59 029
55 836
83 702
79 081
After tax
91 471
94 664
66 798
71 419
Living cost
22 562
22 562
22 562
22 562
Free-cash
68 909
72 102
44 236
48 857

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52048
₽49819
₽45896
₽38979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 269
national
-
-
-
35 674
social contributions
-
-
-
38 709
total
-
-
-
77 546
Employee
55 719
-
150 500
-
social contributions
18 789
-
50 748
-
regional
750
-
2 025
-
municipal
295
-
799
-
national
8 827
-
30 891
-
total
28 661
-
84 463
-
Employer
55 719
-
150 500
-
total
-
-
-
-
Corporate
94 781
150 500
-
-
nationa
22 748
36 120
-
-
municipal
4 710
7 480
-
-
total
27 458
43 600
-
-
Dividends
67 322
106 900
-
-
withholding
17 504
27 794
-
-
total
17 504
27 794
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 623
71 394
84 463
77 546
After tax
76 877
79 106
66 037
72 954
Living cost
27 058
27 058
27 058
27 058
Free-cash
49 819
52 048
38 979
45 896

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
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.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74020
₽63462
₽51678
₽46775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
14 343
health
-
-
-
20 317
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 563
total
-
-
-
69 223
Employee
43 527
-
112 313
-
social contributions
2 829
-
7 300
-
health
5 876
-
15 162
-
solidarity contribution
-
-
-
-
income
5 223
-
13 478
-
total
13 928
-
35 940
-
Employer
43 527
-
112 313
-
social contributions
10 882
-
28 078
-
health
3 917
-
10 108
-
total
14 799
-
38 186
-
Corporate
92 173
150 500
-
-
income
17 513
28 595
-
-
total
17 513
28 595
-
-
Dividends
74 661
121 905
-
-
withholding
11 199
18 286
-
-
total
11 199
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 439
46 881
74 126
69 223
After tax
93 061
103 619
76 374
81 277
Living cost
29 599
29 599
29 599
29 599
Free-cash
63 462
74 020
46 775
51 678

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51586
₽51090
₽45281
₽7209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
chamber of commerce
-
-
-
602
income
-
-
-
35 725
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
73 173
Employee
43 908
40 030
116 866
-
other
438
400
1 168
-
health
1 698
1 550
4 523
-
income
3 911
2 953
28 187
-
pensions
4 497
4 098
11 967
-
unemployment
1 317
1 201
3 505
-
total
11 861
10 202
49 350
-
Employer
43 908
40 030
116 866
-
accident
570
520
1 519
-
other
2 085
1 900
5 551
-
chamber of commerce
175
160
467
-
unemployment
1 317
1 201
3 505
-
surtax
-
-
-
-
pensions
5 511
5 025
14 666
-
payroll
1 317
1 201
3 505
-
health
1 660
1 514
4 417
-
total
12 635
11 521
33 630
-
Corporate
93 956
98 949
113 057
-
income

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

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

23 490
24 738
28 265
-
total
23 490
24 738
28 265
-
Dividends
70 466
74 211
-
-
withholding
19 378
20 407
-
-
total
19 378
20 407
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 364
66 868
111 245
73 173
After tax
83 136
83 632
39 255
77 327
Living cost
32 046
32 046
32 046
32 046
Free-cash
51 090
51 586
7 209
45 281

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128795
₽126136
₽134815
₽106220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
150 500
-
income
3 545
-
30 100
-
total
3 545
-
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%.

132 774
150 500
-
-
total
-
-
-
-
Dividends
132 774
150 500
-
-
withholding
6 639
7 525
-
-
total
6 639
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
10 184
7 525
30 100
1 505
After tax
140 316
142 975
120 400
148 995
Living cost
14 180
14 180
14 180
14 180
Free-cash
126 136
128 795
106 220
134 815

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76678
₽68273
₽47905
₽43919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
150 500
income
-
-
-
33 134
pensions
-
-
-
27 485
unemployment
-
-
-
225
health
-
-
-
14 809
total
-
-
-
75 653
Employee

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

44 418
-
130 224
-
health
2 869
-
8 412
-
income
7 660
-
30 584
-
pensions
6 885
-
20 184
-
unemployment
63
-
183
-
total
17 477
-
59 363
-
Employer

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

44 418
-
130 224
-
unemployment
27
-
78
-
pensions
3 931
-
11 525
-
health
2 958
-
8 673
-
total
6 916
-
20 276
-
Corporate
99 166
150 500
-
-
income
18 843
28 594
-
-
total
18 843
28 594
-
-
Dividends
80 324
121 906
-
-
withholding
12 049
18 286
-
-
total
12 049
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
55 285
46 880
79 639
75 653
After tax
95 215
103 620
70 861
74 847
Living cost
26 942
26 942
26 942
26 942
Free-cash
68 273
76 678
43 919
47 905

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48002
-₽34
₽60446
₽93656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
29 335
social contributions
-
-
-
17 157
total
-
-
-
46 492
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
-
150 500
-
-
income
-
33 110
-
-
total
-
33 110
-
-
Dividends
-
117 390
-
-
income
-
25 826
-
-
total
-
25 826
-
-
Income
150 500
150 500
150 500
150 500
Total tax
106 972
58 936
13 282
46 492
After tax
43 528
91 564
137 218
104 008
Living cost
43 562
43 562
43 562
43 562
Free-cash
-34
48 002
93 656
60 446

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54098
₽53087
₽50014
₽39379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
income
-
-
-
16 679
surtax
-
-
-
-
social contributions

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

-
-
-
52 300
total
-
-
-
68 979
Employee
46 198
-
121 616
-
social contributions
5 082
-
13 378
-
surtax
-
-
-
-
income
9 609
-
37 352
-
total
14 691
-
50 730
-
Employer
46 198
-
121 616
-
social contributions
10 972
-
28 884
-
total
10 972
-
28 884
-
Corporate
93 330
150 500
-
-
surtax
-
-
-
-
income
19 599
31 604
-
-
total
19 599
31 604
-
-
Dividends
73 731
118 896
-
-
withholding
20 644
33 291
-
-
total
20 644
33 291
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 906
64 895
79 614
68 979
After tax
84 594
85 605
70 886
81 521
Living cost
31 507
31 507
31 507
31 507
Free-cash
53 087
54 098
39 379
50 014

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27337
₽34239
₽36723
₽37148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
21 413
pensions
-
-
-
29 355
other
-
-
-
4 666
health
-
-
-
5 539
surtax
-
-
-
-
social contributions
-
-
-
4 289
total
-
-
-
65 262
Employee
62 912
-
118 097
-
social contributions
1 792
-
3 364
-
surtax
-
-
-
-
income
5 489
-
21 528
-
pensions
7 116
-
7 541
-
total
14 397
-
32 433
-
Employer
62 912
-
118 097
-
other
2 171
-
4 320
-
social contributions
189
-
355
-
unemployment
2 549
-
4 783
-
pensions
10 337
-
12 814
-
health
4 403
-
10 132
-
total
19 649
-
32 404
-
Corporate
67 939
150 500
-
-
surtax
-
-
-
-
income
19 024
42 140
-
-
total
19 024
42 140
-
-
Dividends
48 916
108 360
-
-
surtax
-
-
-
-
social contributions
8 414
18 639
-
-
withholding
6 262
13 869
-
-
total
14 676
32 508
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 746
74 648
64 837
65 262
After tax
82 754
75 852
85 663
85 238
Living cost
48 515
48 515
48 515
48 515
Free-cash
34 239
27 337
37 148
36 723

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105257
₽101880
₽81558
₽85556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
5 640
social contributions
-
-
-
33 108
total
-
-
-
38 748
Employee
32 293
-
130 302
-
income
-
-
6 083
-
social contributions
2 099
-
8 471
-
total
2 099
-
14 554
-
Employer
32 293
-
130 302
-
social contributions
5 006
-
20 196
-
total
5 006
-
20 196
-
Corporate
113 202
150 500
-
-
income
11 321
15 049
-
-
total
11 321
15 049
-
-
Dividends
101 881
135 451
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
18 426
15 049
34 750
38 748
After tax
132 074
135 451
115 750
111 752
Living cost
30 194
30 194
30 194
30 194
Free-cash
101 880
105 257
85 556
81 558

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽68345
-₽68345
₽41915
-₽68345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 565
pensions
-
-
-
871
national
-
-
-
16 805
labour market
-
-
-
11 970
total
-
-
-
60 211
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
170 471
170 471
170 471
60 211
After tax
-19 971
-19 971
-19 971
90 289
Living cost
48 374
48 374
48 374
48 374
Free-cash
-68 345
-68 345
-68 345
41 915

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9528
₽8860
₽81258
₽59116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
accident
-
-
-
253
income
-
-
-
40 545
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 523
Employee
34 165
-
133 942
-
health
3 912
-
15 336
-
income
4 687
-
30 126
-
pensions
3 847
-
7 645
-
total
12 446
-
53 107
-
Employer
34 165
-
133 942
-
accident
570
-
2 237
-
unemployment
837
-
3 282
-
pensions
5 555
-
11 039
-
total
6 962
-
16 558
-
Corporate
109 372
150 500
-
-
income

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

98 435
135 450
-
-
total
98 435
135 450
-
-
Dividends
10 937
15 050
-
-
withholding
2 078
2 859
-
-
total
2 078
2 859
-
-
Income
150 500
150 500
150 500
150 500
Total tax
119 921
138 309
69 665
47 523
After tax
30 579
12 191
80 835
102 977
Living cost
21 719
21 719
21 719
21 719
Free-cash
8 860
-9 528
59 116
81 258

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57384
₽59274
₽62348
₽42068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 747
health
-
-
-
1 899
national
-
-
-
20 942
total
-
-
-
49 588
Employee
52 847
-
126 610
-
health
395
-
1 531
-
municipal
8 656
-
20 634
-
pensions
3 566
-
8 545
-
unemployment
793
-
1 899
-
national
873
-
13 369
-
total
14 283
-
45 978
-
Employer
52 847
-
126 610
-
accident
53
-
126
-
unemployment
343
-
823
-
pensions
9 169
-
21 967
-
health
406
-
974
-
total
9 971
-
23 890
-
Corporate
87 682
150 500
-
-
income
17 537
30 100
-
-
total
17 537
30 100
-
-
Dividends

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

52 609
90 300
-
-
national
1 401
8 198
-
-
municipal
9 470
16 254
-
-
total
10 871
24 452
-
-
Income
150 500
150 500
150 500
150 500
Total tax
52 662
54 552
69 868
49 588
After tax
97 838
95 948
80 632
100 912
Living cost
38 564
38 564
38 564
38 564
Free-cash
59 274
57 384
42 068
62 348

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86623
₽81155
₽80936
₽79540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
26 219
health
-
-
-
3 837
social contributions
-
-
-
16 252
total
-
-
-
46 308
Employee
77 239
77 239
139 276
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 367
-
income
8 410
7 150
25 468
-
total
11 929
14 873
36 481
-
Employer
77 239
77 239
139 276
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 577
-
total
3 570
7 840
11 223
-
Corporate
111 745
65 421
-
-
income
13 968
8 177
-
-
total
13 968
8 177
-
-
Dividends
97 776
57 243
-
-
withholding
16 622
9 731
-
-
total
16 622
9 731
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 089
40 621
47 704
46 308
After tax
104 411
109 879
102 796
104 192
Living cost
23 256
23 256
23 256
23 256
Free-cash
81 155
86 623
79 540
80 936

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108682
₽103571
₽109406
₽89257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
150 500
income
-
-
-
15 093
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
25 146
Employee

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

23 056
-
140 683
-
health
1 960
-
8 101
-
income
1 576
-
12 604
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 108
-
35 478
-
Employer

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

23 056
-
140 683
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
125 071
150 500
-
-
income
11 256
13 545
-
-
total
11 256
13 545
-
-
Dividends
113 815
136 955
-
-
withholding
10 244
12 325
-
-
total
10 244
12 325
-
-
Income
150 500
150 500
150 500
150 500
Total tax
30 981
25 870
45 295
25 146
After tax
119 519
124 630
105 205
125 354
Living cost
15 948
15 948
15 948
15 948
Free-cash
103 571
108 682
89 257
109 406

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73014
₽68399
₽57135
₽52921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
accident
-
-
-
839
income
-
-
-
37 812
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 743
Employee
37 141
-
120 819
-
other
36
-
93
-
income
7 161
-
34 364
-
pensions
1 746
-
4 377
-
unemployment
576
-
1 443
-
total
9 519
-
40 277
-
Employer
37 141
-
120 819
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 765
-
21 972
-
total
11 841
-
29 680
-
Corporate
101 518
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.

15 228
22 575
-
-
total
15 228
22 575
-
-
Dividends
86 289
127 925
-
-
withholding
17 891
27 289
-
-
total
17 891
27 289
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 479
49 864
69 957
65 743
After tax
96 021
100 636
80 543
84 757
Living cost
27 622
27 622
27 622
27 622
Free-cash
68 399
73 014
52 921
57 135

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91162
₽90711
₽93460
₽93264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
50 829
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
54 290
Employee
4 189
-
148 243
-
health
209
-
502
-
income
810
-
50 724
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
52 229
-
Employer
4 189
-
148 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
145 368
150 500
-
-
income
31 981
33 110
-
-
total
31 981
33 110
-
-
Dividends
113 387
117 390
-
-
withholding
22 677
23 478
-
-
total
22 677
23 478
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 039
56 588
54 486
54 290
After tax
93 461
93 912
96 014
96 210
Living cost
2 750
2 750
2 750
2 750
Free-cash
90 711
91 162
93 264
93 460

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91366
₽86426
₽71644
₽71641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
150 500
income
-
-
-
33 429
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
61 486
Employee

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

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

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

26 193
-
137 213
-
health
1 349
-
3 823
-
income
3 610
-
33 430
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
48 202
-
Employer

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

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

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

26 193
-
137 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
119 619
150 500
-
-
income
17 943
22 575
-
-
total
17 943
22 575
-
-
Dividends
101 676
127 925
-
-
withholding
15 251
19 189
-
-
total
15 251
19 189
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 704
41 764
61 489
61 486
After tax
103 796
108 736
89 011
89 014
Living cost
17 370
17 370
17 370
17 370
Free-cash
86 426
91 366
71 641
71 644

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58525
₽58163
₽54441
₽43806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
income
-
-
-
16 679
surtax
-
-
-
-
social contributions

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

-
-
-
52 300
total
-
-
-
68 979
Employee
38 986
-
121 616
-
social contributions
4 289
-
13 378
-
surtax
-
-
-
-
income
7 618
-
37 352
-
total
11 907
-
50 730
-
Employer
38 986
-
121 616
-
social contributions
9 258
-
28 884
-
total
9 258
-
28 884
-
Corporate
102 256
150 500
-
-
surtax
-
-
-
-
income
21 473
31 604
-
-
total
21 473
31 604
-
-
Dividends
80 783
118 896
-
-
withholding
22 619
33 291
-
-
total
22 619
33 291
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 257
64 895
79 614
68 979
After tax
85 243
85 605
70 886
81 521
Living cost
27 080
27 080
27 080
27 080
Free-cash
58 163
58 525
43 806
54 441

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65334
₽58326
₽49455
₽45241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
accident
-
-
-
839
income
-
-
-
37 812
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 743
Employee
48 511
-
120 819
-
other
48
-
93
-
income
10 132
-
34 364
-
pensions
2 280
-
4 377
-
unemployment
751
-
1 443
-
total
13 211
-
40 277
-
Employer
48 511
-
120 819
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
86 522
150 500
-
-
income

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

12 979
22 575
-
-
total
12 979
22 575
-
-
Dividends
73 543
127 925
-
-
withholding
15 215
27 289
-
-
total
15 215
27 289
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 872
49 864
69 957
65 743
After tax
93 628
100 636
80 543
84 757
Living cost
35 302
35 302
35 302
35 302
Free-cash
58 326
65 334
45 241
49 455

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111402
₽105283
₽101283
₽106900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
22 575
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
31 941
Employee
22 876
-
143 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 361
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 441
-
Employer
22 876
-
143 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
123 135
150 500
-
-
income
12 313
15 050
-
-
total
12 313
15 050
-
-
Dividends
110 822
135 450
-
-
withholding
5 541
6 772
-
-
total
5 541
6 772
-
-
Income
150 500
150 500
150 500
150 500
Total tax
27 941
21 822
26 324
31 941
After tax
122 559
128 678
124 176
118 559
Living cost
17 276
17 276
17 276
17 276
Free-cash
105 283
111 402
106 900
101 283

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38719
₽51860
₽43975
₽58870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 895
income

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

-
-
-
43 590
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.

-
-
-
6 862
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.

-
-
-
2 398
total
-
-
-
67 745
Employee

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

49 979
-
150 500
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
2 398
-
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.

4 110
-
43 590
-
total
11 199
-
52 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 521
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.

829
1 241
-
-
income
15 078
22 575
-
-
trade
14 424
21 597
-
-
chamber of commerce
299
374
-
-
total
30 630
45 787
-
-
Dividends
69 891
104 714
-
-
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.

940
1 418
-
-
withholding
17 091
25 796
-
-
total
18 031
27 214
-
-
Income
150 500
150 500
150 500
150 500
Total tax
59 860
73 001
52 850
67 745
After tax
90 640
77 499
97 650
82 755
Living cost
38 780
38 780
38 780
38 780
Free-cash
51 860
38 719
58 870
43 975

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48131
₽50350
₽25187
₽25187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
43 598
social contributions
-
-
-
24 496
total
-
-
-
68 094
Employee
78 572
-
150 500
-
income
14 826
-
43 598
-
social contributions
6 528
-
24 496
-
total
21 354
-
68 094
-
Employer
78 572
-
150 500
-
total
-
-
-
-
Corporate
71 928
150 500
-
-
income
8 991
18 812
-
-
total
8 991
18 812
-
-
Dividends
62 937
131 688
-
-
withholding
12 586
26 338
-
-
total
12 586
26 338
-
-
Income
150 500
150 500
150 500
150 500
Total tax
42 931
45 150
68 094
68 094
After tax
107 569
105 350
82 406
82 406
Living cost
57 219
57 219
57 219
57 219
Free-cash
50 350
48 131
25 187
25 187

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56055
₽59565
₽78713
₽72158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
150 500
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
145 879
-
income
5 000
-
32 637
-
social contributions
4 617
-
4 621
-
total
9 617
-
37 258
-
Employer
46 079
-
145 879
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
99 804
150 500
-
-
income
34 931
52 675
-
-
total
34 931
52 675
-
-
Dividends
64 873
97 825
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 472
57 982
41 879
35 324
After tax
96 028
92 518
108 621
115 176
Living cost
36 463
36 463
36 463
36 463
Free-cash
59 565
56 055
72 158
78 713

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽64077
₽69838
₽64507
₽50737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
40 228
pensions
-
-
-
8 502
total
-
-
-
48 730
Employee
51 149
-
131 712
-
health
667
-
2 011
-
income
9 315
-
31 051
-
pensions
3 904
-
10 650
-
total
13 886
-
43 712
-
Employer
51 149
-
131 712
-
pensions
5 168
-
16 285
-
health
972
-
2 503
-
total
6 140
-
18 788
-
Corporate
93 211
150 500
-
-
income

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

17 710
28 596
-
-
total
17 710
28 596
-
-
Dividends
75 501
121 904
-
-
withholding
5 663
20 564
-
-
total
5 663
20 564
-
-
Income
150 500
150 500
150 500
150 500
Total tax
43 399
49 160
62 500
48 730
After tax
107 101
101 340
88 000
101 770
Living cost
37 263
37 263
37 263
37 263
Free-cash
69 838
64 077
50 737
64 507

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽11678
₽8529
₽79108
₽56966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
accident
-
-
-
253
income
-
-
-
40 545
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 523
Employee
37 547
-
133 942
-
health
4 299
-
15 336
-
income
5 151
-
30 126
-
pensions
4 228
-
7 645
-
total
13 678
-
53 107
-
Employer
37 547
-
133 942
-
accident
627
-
2 237
-
unemployment
920
-
3 282
-
pensions
6 105
-
11 039
-
total
7 652
-
16 558
-
Corporate
105 302
150 500
-
-
income

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

94 771
135 450
-
-
total
94 771
135 450
-
-
Dividends
10 530
15 050
-
-
withholding
2 001
2 859
-
-
total
2 001
2 859
-
-
Income
150 500
150 500
150 500
150 500
Total tax
118 102
138 309
69 665
47 523
After tax
32 398
12 191
80 835
102 977
Living cost
23 869
23 869
23 869
23 869
Free-cash
8 529
-11 678
56 966
79 108

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113080
₽108380
₽71132
₽90434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
150 500
work injury
-
-
-
753
health insurance
-
-
-
11 137
income
-
-
-
24 414
pensions
-
-
-
27 692
unemployment
-
-
-
1 806
total
-
-
-
65 802
Employee

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

21 706
-
150 500
-
work injury
109
-
402
-
income
2 171
-
24 414
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
46 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 794
150 500
-
-
income

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

1 288
1 505
-
-
total
1 288
1 505
-
-
Dividends
127 506
148 995
-
-
withholding
19 126
22 349
-
-
total
19 126
22 349
-
-
Income
150 500
150 500
150 500
150 500
Total tax
28 554
23 854
46 500
65 802
After tax
121 946
126 646
104 000
84 698
Living cost
13 566
13 566
13 566
13 566
Free-cash
108 380
113 080
90 434
71 132

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39256
₽34688
₽31676
₽24954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 419
national
-
-
-
35 674
social contributions
-
-
-
38 709
total
-
-
-
78 808
Employee
84 643
-
150 500
-
social contributions
28 541
-
50 748
-
regional
1 278
-
2 993
-
municipal
505
-
898
-
national
14 304
-
30 891
-
total
44 628
-
85 530
-
Employer
84 643
-
150 500
-
total
-
-
-
-
Corporate
65 857
150 500
-
-
nationa
15 806
36 120
-
-
municipal
3 174
7 255
-
-
total
18 980
43 375
-
-
Dividends
46 877
107 125
-
-
withholding
12 188
27 853
-
-
total
12 188
27 853
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 796
71 228
85 530
78 808
After tax
74 704
79 272
64 970
71 692
Living cost
40 016
40 016
40 016
40 016
Free-cash
34 688
39 256
24 954
31 676

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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