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
₽47513
₽68320
₽51488
₽57891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
income

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

-
-
-
44 882
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.

-
-
-
2 468
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.

-
-
-
6 410
trade
-
-
-
16 832
total
-
-
-
70 592
Employee

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

35 888
-
150 500
-
surtax

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

55
-
2 468
-
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.

1 002
-
44 882
-
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.

6 410
-
6 410
-
total
7 467
-
53 760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 612
150 500
-
-
income
17 192
22 575
-
-
surtax

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

946
1 241
-
-
chamber of commerce
306
358
-
-
trade
18 052
23 703
-
-
total
36 496
47 877
-
-
Dividends
78 116
102 623
-
-
surtax

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

1 054
1 391
-
-
withholding
19 172
25 299
-
-
total
20 226
26 690
-
-
Income
150 500
150 500
150 500
150 500
Total tax
64 189
74 567
53 760
70 592
After tax
86 311
75 933
96 740
79 908
Living cost
28 420
28 420
28 420
28 420
Free-cash
57 891
47 513
68 320
51 488

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43956
₽40429
₽39247
₽43126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
1 618
municipal
-
-
-
16 324
national
-
-
-
25 295
pensions
-
-
-
18 060
total
-
-
-
61 297
Employee
77 442
-
130 106
-
municipal
9 565
-
16 906
-
pensions
3 098
-
5 204
-
national
14 822
-
26 198
-
total
27 485
-
48 308
-
Employer
77 442
-
130 106
-
pensions
6 195
-
10 408
-
social contributions
832
-
1 399
-
total
7 027
-
11 807
-
Corporate
60 919
150 500
-
-
income

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

12 184
30 100
-
-
total
12 184
30 100
-
-
Dividends
48 736
120 400
-
-
withholding
10 722
26 488
-
-
total
10 722
26 488
-
-
Income
150 500
150 500
150 500
150 500
Total tax
57 418
56 588
60 115
61 297
After tax
93 082
93 912
90 385
89 203
Living cost
49 956
49 956
49 956
49 956
Free-cash
43 126
43 956
40 429
39 247

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100880
₽70979
₽31144
₽93182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
150 500
income
-
-
-
25 507
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
99 835
Employee
27 418
-
109 918
-
surtax
-
-
-
-
social contributions

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

3 016
-
12 090
-
income
4 881
-
21 431
-
total
7 897
-
33 521
-
Employer
27 418
-
109 918
-
social contributions

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

6 604
-
26 479
-
surtax
-
-
-
-
total
6 604
-
26 479
-
Corporate
116 478
150 500
-
-
income

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

23 296
30 099
-
-
total
23 296
30 099
-
-
Dividends

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

93 182
120 401
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
37 797
30 099
60 000
99 835
After tax
112 703
120 401
90 500
50 665
Living cost
19 521
19 521
19 521
19 521
Free-cash
93 182
100 880
70 979
31 144

Estimated living cost  is ₽19521 per week

₽12454
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.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34984
₽53118
₽44810
₽29235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 820
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
66 383
Employee
80 127
80 127
133 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
18 075
-
health
12 299
10 461
11 570
-
total
39 838
34 570
40 638
-
Employer
80 127
80 127
133 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
57 324
56 341
-
-
income
11 465
11 268
-
-
total
11 465
11 268
-
-
Dividends
45 859
45 074
-
-
income
9 745
9 578
-
-
withholding
6 878
6 761
-
-
total
16 623
16 339
-
-
Income
150 500
150 500
150 500
150 500
Total tax
81 958
76 209
58 075
66 383
After tax
68 542
74 291
92 425
84 117
Living cost
39 307
39 307
39 307
39 307
Free-cash
29 235
34 984
53 118
44 810

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽44689
₽39812
₽40721
₽43848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
37 782
national
-
-
-
10 714
pensions
-
-
-
8 881
total
-
-
-
72 295
Employee
53 411
-
124 688
-
municipal
15 927
-
37 182
-
national
-
-
10 210
-
total
15 927
-
47 392
-
Employer
53 411
-
124 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
80 307
150 500
-
-
income
17 667
33 110
-
-
total
17 667
33 110
-
-
Dividends
62 639
117 390
-
-
withholding
18 792
35 217
-
-
total
18 792
35 217
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 168
68 327
73 204
72 295
After tax
81 332
82 173
77 296
78 205
Living cost
37 484
37 484
37 484
37 484
Free-cash
43 848
44 689
39 812
40 721

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38298
₽59879
₽42297
₽51481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
income

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

-
-
-
44 882
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.

-
-
-
2 468
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.

-
-
-
6 410
trade
-
-
-
17 582
total
-
-
-
71 342
Employee

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

47 583
-
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.

224
-
2 468
-
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.

4 088
-
44 882
-
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.

6 410
-
6 410
-
total
10 722
-
53 760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 917
150 500
-
-
income
15 438
22 575
-
-
surtax

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

849
1 241
-
-
chamber of commerce
288
356
-
-
trade
16 930
24 758
-
-
total
33 505
48 930
-
-
Dividends
69 411
101 571
-
-
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.

935
1 376
-
-
withholding
16 996
25 035
-
-
total
17 931
26 411
-
-
Income
150 500
150 500
150 500
150 500
Total tax
62 158
75 341
53 760
71 342
After tax
88 342
75 159
96 740
79 158
Living cost
36 860
36 860
36 860
36 860
Free-cash
51 481
38 298
59 879
42 297

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79407
₽71808
₽73174
₽75515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 874
social contributions
-
-
-
15 181
health
-
-
-
3 837
total
-
-
-
46 892
Employee
72 151
72 151
139 836
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
27 140
-
health
718
1 227
2 377
-
total
11 800
13 894
37 594
-
Employer
72 151
72 151
139 836
-
health
782
1 335
2 587
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
10 664
-
Corporate
103 978
71 025
-
-
income
12 997
8 878
-
-
total
12 997
8 878
-
-
Dividends
90 982
62 147
-
-
withholding
15 466
10 564
-
-
total
15 466
10 564
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 551
40 659
48 258
46 892
After tax
105 949
109 841
102 242
103 608
Living cost
30 434
30 434
30 434
30 434
Free-cash
75 515
79 407
71 808
73 174

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
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.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67753
₽70429
₽87441
₽68102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
18 399
unemployment
-
-
-
2 258
health
-
-
-
10 535
pensions
-
-
-
15 050
total
-
-
-
46 242
Employee

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
125 941
-
unemployment
364
145
1 889
-
pensions
2 428
966
12 594
-
income
2 968
1 181
15 396
-
health
1 699
676
8 816
-
total
7 459
2 968
38 695
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
125 941
-
pensions
4 734
1 884
24 559
-
total
4 734
1 884
24 559
-
Corporate
121 491
138 955
-
-
income
10 934
12 506
-
-
total
10 934
12 506
-
-
Dividends
110 557
126 449
-
-
social contributions
21 448
24 547
-
-
withholding
21 006
24 025
-
-
total
42 454
48 572
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 581
65 930
63 254
46 242
After tax
84 919
84 570
87 246
104 258
Living cost
16 817
16 817
16 817
16 817
Free-cash
68 102
67 753
70 429
87 441

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97737
₽64084
₽58005
₽91906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
19 565
pensions
-
-
-
30 099
total
-
-
-
69 831
Employee
26 618
-
112 482
-
unemployment
426
-
1 800
-
pensions
532
-
2 249
-
income
2 997
-
21 686
-
total
3 955
-
25 735
-
Employer
26 618
-
112 482
-
health
3 460
-
14 622
-
pensions
5 324
-
22 496
-
unemployment
214
-
899
-
total
8 998
-
38 017
-
Corporate
114 884
150 500
-
-
income
22 977
30 099
-
-
total
22 977
30 099
-
-
Dividends
91 907
120 401
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
35 930
30 099
63 752
69 831
After tax
114 570
120 401
86 748
80 669
Living cost
22 664
22 664
22 664
22 664
Free-cash
91 906
97 737
64 084
58 005

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8758
₽60195
₽81996
₽8978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 556
Employee
32 952
-
134 469
-
pensions
3 710
-
7 264
-
income
4 521
-
30 665
-
health
3 773
-
15 397
-
total
12 004
-
53 326
-
Employer
32 952
-
134 469
-
pensions
5 358
-
10 490
-
accident
550
-
2 246
-
unemployment
807
-
3 295
-
total
6 715
-
16 031
-
Corporate
110 832
150 500
-
-
income

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

99 749
135 450
-
-
total
99 749
135 450
-
-
Dividends
11 083
15 050
-
-
withholding
2 106
2 860
-
-
total
2 106
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
120 574
138 310
69 357
47 556
After tax
29 926
12 190
81 143
102 944
Living cost
20 948
20 948
20 948
20 948
Free-cash
8 978
-8 758
60 195
81 996

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135414
₽112839
₽141434
₽133996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
microenterprise

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

-
-
-
1 505
total
-
-
-
1 505
Employee
9 450
-
150 500
-
income
1 890
-
30 100
-
total
1 890
-
30 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

141 050
150 500
-
-
total
-
-
-
-
Dividends
141 050
150 500
-
-
withholding
7 053
7 525
-
-
total
7 053
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
8 943
7 525
30 100
1 505
After tax
141 557
142 975
120 400
148 995
Living cost
7 561
7 561
7 561
7 561
Free-cash
133 996
135 414
112 839
141 434

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85569
₽60651
₽56368
₽79236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 830
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
69 130
Employee
34 069
-
120 208
-
unemployment
340
-
1 202
-
pensions

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

2 384
-
8 413
-
income
5 865
-
23 257
-
health
477
-
1 683
-
total
9 066
-
34 555
-
Employer
34 069
-
120 208
-
health
477
-
1 683
-
pensions

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

5 792
-
20 434
-
accident
272
-
962
-
unemployment
340
-
1 202
-
other
1 704
-
6 011
-
total
8 585
-
30 292
-
Corporate
107 845
150 500
-
-
income
22 648
31 606
-
-
total
22 648
31 606
-
-
Dividends
85 197
118 894
-
-
withholding
5 963
8 323
-
-
total
5 963
8 323
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 262
39 929
64 847
69 130
After tax
104 238
110 571
85 653
81 370
Living cost
25 002
25 002
25 002
25 002
Free-cash
79 236
85 569
60 651
56 368

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37402
₽24509
₽38212
₽37204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 462
pensions
-
-
-
8 140
total
-
-
-
49 602
Employee
88 691
-
131 606
-
pensions
8 556
-
10 119
-
income
15 987
-
32 326
-
health
1 461
-
1 966
-
total
26 004
-
44 411
-
Employer
88 691
-
131 606
-
health
1 684
-
2 500
-
pensions
10 472
-
16 394
-
total
12 156
-
18 894
-
Corporate
49 653
150 500
-
-
income

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

9 434
28 596
-
-
total
9 434
28 596
-
-
Dividends
40 219
121 904
-
-
withholding
3 016
21 816
-
-
total
3 016
21 816
-
-
Income
150 500
150 500
150 500
150 500
Total tax
50 610
50 412
63 305
49 602
After tax
99 890
100 088
87 195
100 898
Living cost
62 686
62 686
62 686
62 686
Free-cash
37 204
37 402
24 509
38 212

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116378
₽112620
₽106877
₽112023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
22 575
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
31 324
Employee
16 286
-
144 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
14 408
-
health
749
-
1 507
-
total
3 986
-
19 152
-
Employer
16 286
-
144 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
131 018
150 500
-
-
income
13 101
15 050
-
-
total
13 101
15 050
-
-
Dividends
117 917
135 450
-
-
withholding
5 896
6 773
-
-
total
5 896
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
26 178
21 823
25 581
31 324
After tax
124 322
128 677
124 919
119 176
Living cost
12 299
12 299
12 299
12 299
Free-cash
112 023
116 378
112 620
106 877

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22261
₽40395
₽32087
₽24622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 820
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
66 383
Employee
86 993
80 127
133 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
18 075
-
health
10 853
10 461
11 570
-
total
34 962
34 570
40 638
-
Employer
86 993
80 127
133 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
48 276
56 341
-
-
income
9 654
11 268
-
-
total
9 654
11 268
-
-
Dividends
38 622
45 074
-
-
income
8 207
9 578
-
-
withholding
5 794
6 761
-
-
total
14 001
16 339
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 848
76 209
58 075
66 383
After tax
76 652
74 291
92 425
84 117
Living cost
52 030
52 030
52 030
52 030
Free-cash
24 622
22 261
40 395
32 087

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80608
₽53363
₽59499
₽72399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 561
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
20 318
total
-
-
-
67 990
Employee
33 839
-
112 313
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 300
-
income
4 061
-
13 478
-
health
4 568
-
15 162
-
total
10 829
-
35 940
-
Employer
33 839
-
112 313
-
health
3 045
-
10 108
-
social contributions
8 460
-
28 078
-
total
11 505
-
38 186
-
Corporate
105 156
150 500
-
-
income
19 980
28 595
-
-
total
19 980
28 595
-
-
Dividends
85 176
121 905
-
-
withholding
12 776
18 286
-
-
total
12 776
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
55 090
46 881
74 126
67 990
After tax
95 410
103 619
76 374
82 510
Living cost
23 011
23 011
23 011
23 011
Free-cash
72 399
80 608
53 363
59 499

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40704
₽26401
₽33198
₽35806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
38 709
regional
-
-
-
1 762
municipal
-
-
-
894
national
-
-
-
36 344
total
-
-
-
77 709
Employee
83 391
-
150 500
-
municipal
442
-
798
-
national
14 450
-
31 406
-
regional
787
-
1 553
-
social contributions
28 119
-
50 749
-
total
43 798
-
84 506
-
Employer
83 391
-
150 500
-
total
-
-
-
-
Corporate
67 109
150 500
-
-
municipal
2 617
5 869
-
-
nationa
16 106
36 120
-
-
total
18 723
41 989
-
-
Dividends
48 386
108 511
-
-
withholding
12 580
28 214
-
-
total
12 580
28 214
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 101
70 203
84 506
77 709
After tax
75 399
80 297
65 994
72 791
Living cost
39 593
39 593
39 593
39 593
Free-cash
35 806
40 704
26 401
33 198

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73958
₽44958
₽50708
₽71042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 181
other
-
-
-
-
surtax
-
-
-
5 755
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
79 087
Employee
31 029
-
124 329
-
other
-
-
-
-
unemployment
2 160
-
8 654
-
pensions
2 069
-
8 292
-
surtax
101
-
4 834
-
income
5 201
-
33 719
-
health
792
-
3 169
-
total
10 323
-
58 668
-
Employer
31 029
-
124 329
-
health
1 412
-
5 657
-
pensions
4 136
-
16 572
-
unemployment
983
-
3 940
-
other
-
-
-
-
total
6 531
-
26 169
-
Corporate
112 940
150 500
-
-
income
29 364
39 131
-
-
total
29 364
39 131
-
-
Dividends
83 576
111 369
-
-
withholding
12 535
16 706
-
-
total
12 535
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 753
55 837
84 837
79 087
After tax
91 747
94 663
65 663
71 413
Living cost
20 705
20 705
20 705
20 705
Free-cash
71 042
73 958
44 958
50 708

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57263
₽44370
₽58073
₽62561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 462
pensions
-
-
-
8 140
total
-
-
-
49 602
Employee
59 438
-
131 606
-
pensions
5 045
-
10 119
-
income
10 705
-
32 326
-
health
863
-
1 966
-
total
16 613
-
44 411
-
Employer
59 438
-
131 606
-
health
1 129
-
2 500
-
pensions
6 434
-
16 394
-
total
7 563
-
18 894
-
Corporate
83 498
150 500
-
-
income

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

15 866
28 596
-
-
total
15 866
28 596
-
-
Dividends
67 633
121 904
-
-
withholding
5 072
21 816
-
-
total
5 072
21 816
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 114
50 412
63 305
49 602
After tax
105 386
100 088
87 195
100 898
Living cost
42 825
42 825
42 825
42 825
Free-cash
62 561
57 263
44 370
58 073

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5266
₽41460
₽48777
₽26435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
other

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

-
-
-
3 010
regional
-
-
-
6 909
health
-
-
-
339
city
-
-
-
1 587
national
-
-
-
1 947
pensions
-
-
-
13 845
total
-
-
-
27 637
Employee
86 700
-
134 705
-
unemployment
-
-
-
-
pensions
7 284
-
11 316
-
national
410
-
1 601
-
regional
2 839
-
5 973
-
city
930
-
1 448
-
health
196
-
303
-
total
11 659
-
20 641
-
Employer
86 700
-
134 705
-
health
196
-
303
-
pensions
7 284
-
11 316
-
unemployment
-
-
-
-
other

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

1 733
-
2 694
-
total
9 213
-
14 313
-
Corporate
53 634
150 500
-
-
regional
11 343
31 830
-
-
national
4 559
12 793
-
-
total
15 902
44 623
-
-
Dividends
37 732
105 877
-
-
withholding
13 205
37 057
-
-
total
13 205
37 057
-
-
Income
150 500
150 500
150 500
150 500
Total tax
49 979
81 680
34 954
27 637
After tax
100 521
68 820
115 546
122 863
Living cost
74 086
74 086
74 086
74 086
Free-cash
26 435
-5 266
41 460
48 777

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31400
₽53756
₽35426
₽46616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
income

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

-
-
-
44 882
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.

-
-
-
2 468
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.

-
-
-
6 410
trade
-
-
-
18 330
total
-
-
-
72 090
Employee

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

56 390
-
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.

365
-
2 468
-
income

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

6 631
-
44 882
-
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.

6 410
-
6 410
-
total
13 406
-
53 760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 110
150 500
-
-
income
14 117
22 575
-
-
surtax

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

776
1 241
-
-
chamber of commerce
274
354
-
-
trade
16 139
25 810
-
-
total
31 306
49 980
-
-
Dividends
62 803
100 520
-
-
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.

844
1 362
-
-
withholding
15 344
24 774
-
-
total
16 188
26 136
-
-
Income
150 500
150 500
150 500
150 500
Total tax
60 900
76 116
53 760
72 090
After tax
89 600
74 384
96 740
78 410
Living cost
42 984
42 984
42 984
42 984
Free-cash
46 616
31 400
53 756
35 426

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
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.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43748
₽52251
₽52949
₽49291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 350
other
-
-
-
4 665
surtax
-
-
-
-
social contributions
-
-
-
4 288
health
-
-
-
5 901
pensions
-
-
-
28 244
total
-
-
-
65 448
Employee
40 158
-
117 443
-
pensions
4 541
-
7 765
-
surtax
-
-
-
-
social contributions
1 145
-
3 346
-
income
2 370
-
21 979
-
total
8 056
-
33 090
-
Employer
40 158
-
117 443
-
health
2 812
-
10 391
-
pensions
6 597
-
13 145
-
unemployment
1 626
-
4 756
-
social contributions
121
-
353
-
other
1 385
-
4 411
-
total
12 541
-
33 056
-
Corporate
97 801
150 500
-
-
income
27 384
42 140
-
-
surtax
-
-
-
-
total
27 384
42 140
-
-
Dividends
70 417
108 360
-
-
surtax
-
-
-
-
social contributions
12 112
18 638
-
-
withholding
9 013
13 871
-
-
total
21 125
32 509
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 106
74 649
66 146
65 448
After tax
81 394
75 851
84 354
85 052
Living cost
32 103
32 103
32 103
32 103
Free-cash
49 291
43 748
52 251
52 949

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
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.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46929
₽55432
₽56130
₽52142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 350
other
-
-
-
4 665
surtax
-
-
-
-
social contributions
-
-
-
4 288
health
-
-
-
5 901
pensions
-
-
-
28 244
total
-
-
-
65 448
Employee
35 847
-
117 443
-
pensions
4 054
-
7 765
-
surtax
-
-
-
-
social contributions
1 022
-
3 346
-
income
1 848
-
21 979
-
total
6 924
-
33 090
-
Employer
35 847
-
117 443
-
health
2 509
-
10 391
-
pensions
5 890
-
13 145
-
unemployment
1 451
-
4 756
-
social contributions
107
-
353
-
other
1 238
-
4 411
-
total
11 195
-
33 056
-
Corporate
103 459
150 500
-
-
income
28 969
42 140
-
-
surtax
-
-
-
-
total
28 969
42 140
-
-
Dividends
74 490
108 360
-
-
surtax
-
-
-
-
social contributions
12 813
18 638
-
-
withholding
9 535
13 871
-
-
total
22 348
32 509
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 436
74 649
66 146
65 448
After tax
81 064
75 851
84 354
85 052
Living cost
28 922
28 922
28 922
28 922
Free-cash
52 142
46 929
55 432
56 130

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71922
₽74085
₽76754
₽72411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
22 575
social contributions
-
-
-
20 769
health
-
-
-
10 506
total
-
-
-
53 850
Employee
31 814
-
150 500
-
social contributions
4 391
-
20 769
-
income
5 306
-
25 244
-
health
2 220
-
10 506
-
total
11 917
-
56 519
-
Employer
31 814
-
150 500
-
total
-
-
-
-
Corporate
118 686
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%.

5 935
7 525
-
-
total
5 935
7 525
-
-
Dividends
112 751
142 975
-
-
social contributions
15 559
19 731
-
-
withholding
16 912
21 446
-
-
health
7 870
9 980
-
-
total
40 341
51 157
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 193
58 682
56 519
53 850
After tax
92 307
91 818
93 981
96 650
Living cost
19 896
19 896
19 896
19 896
Free-cash
72 411
71 922
74 085
76 754

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50351
₽6520
₽44141
₽48898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 091
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
602
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
73 297
Employee
46 892
37 393
118 145
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
30 066
-
health
1 814
1 448
4 241
-
total
13 829
9 530
49 918
-
Employer
46 892
37 393
118 145
-
chamber of commerce
187
150
472
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
3 545
-
other
2 228
1 775
5 539
-
total
13 680
10 948
32 354
-
Corporate
89 929
102 160
114 583
-
income

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

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

22 482
25 539
28 646
-
total
22 482
25 539
28 646
-
Dividends
67 447
76 621
-
-
withholding
18 549
21 070
-
-
total
18 549
21 070
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 540
67 087
110 918
73 297
After tax
81 960
83 413
39 582
77 203
Living cost
33 062
33 062
33 062
33 062
Free-cash
48 898
50 351
6 520
44 141

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49989
₽19599
₽30950
₽35917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
communal

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

-
-
-
7 628
social contributions
-
-
-
23 371
national
-
-
-
54 339
total
-
-
-
85 338
Employee

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

67 117
-
116 567
-
unemployment

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

584
-
1 015
-
communal

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

3 501
-
6 079
-
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.

5 034
-
8 743
-
national
20 635
-
41 440
-
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.

3 153
-
5 479
-
total
32 907
-
62 756
-
Employer

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

67 117
-
116 567
-
health

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

4 127
-
7 169
-
pensions

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

5 947
-
10 328
-
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.

872
-
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.

979
-
1 702
-
surtax
7 610
-
13 219
-
total
19 535
-
33 933
-
Corporate
63 846
150 500
-
-
income
12 769
30 099
-
-
surtax
255
602
-
-
total
13 024
30 701
-
-
Dividends
50 822
119 799
-
-
withholding

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

14 905
35 598
-
-
total
14 905
35 598
-
-
Income
150 500
150 500
150 500
150 500
Total tax
80 371
66 299
96 689
85 338
After tax
70 129
84 201
53 811
65 162
Living cost
34 212
34 212
34 212
34 212
Free-cash
35 917
49 989
19 599
30 950

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66610
₽46803
₽50740
₽59914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 783
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 874
Employee
46 707
-
122 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
36 562
-
total
12 821
-
42 085
-
Employer
46 707
-
122 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
88 906
150 500
-
-
income

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

13 335
22 575
-
-
total
13 335
22 575
-
-
Dividends
75 571
127 925
-
-
withholding
15 657
27 429
-
-
total
15 657
27 429
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 700
50 004
69 811
65 874
After tax
93 800
100 496
80 689
84 626
Living cost
33 886
33 886
33 886
33 886
Free-cash
59 914
66 610
46 803
50 740

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
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.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37932
₽31071
₽25070
₽26647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
communal
-
-
-
9 512
accident
-
-
-
1 270
income
-
-
-
23 062
surtax
-
-
-
7 461
health
-
-
-
10 575
pensions
-
-
-
22 559
total
-
-
-
74 439
Employee
71 057
-
134 435
-
pensions
5 684
-
10 755
-
surtax
4 355
-
8 239
-
income
6 863
-
27 396
-
health
3 162
-
5 983
-
total
20 064
-
52 373
-
Employer
71 057
-
134 435
-
health
2 167
-
4 101
-
pensions
5 684
-
10 755
-
accident
639
-
1 209
-
total
8 490
-
16 065
-
Corporate
70 953
150 500
-
-
communal
4 790
10 158
-
-
income
10 643
22 575
-
-
surtax
744
1 579
-
-
total
16 177
34 312
-
-
Dividends
54 776
116 188
-
-
income
19 915
9 836
-
-
withholding
8 216
17 429
-
-
total
28 131
27 265
-
-
Income
150 500
150 500
150 500
150 500
Total tax
72 862
61 577
68 438
74 439
After tax
77 638
88 923
82 062
76 061
Living cost
50 991
50 991
50 991
50 991
Free-cash
26 647
37 932
31 071
25 070

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73588
₽44588
₽50338
₽70607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 181
other
-
-
-
-
surtax
-
-
-
5 755
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
79 087
Employee
31 599
-
124 329
-
other
-
-
-
-
unemployment
2 199
-
8 654
-
pensions
2 108
-
8 292
-
surtax
112
-
4 834
-
income
5 297
-
33 719
-
health
807
-
3 169
-
total
10 523
-
58 668
-
Employer
31 599
-
124 329
-
health
1 437
-
5 657
-
pensions
4 213
-
16 572
-
unemployment
1 002
-
3 940
-
other
-
-
-
-
total
6 652
-
26 169
-
Corporate
112 249
150 500
-
-
income
29 184
39 131
-
-
total
29 184
39 131
-
-
Dividends
83 065
111 369
-
-
withholding
12 459
16 706
-
-
total
12 459
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 818
55 837
84 837
79 087
After tax
91 682
94 663
65 663
71 413
Living cost
21 075
21 075
21 075
21 075
Free-cash
70 607
73 588
44 588
50 338

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53830
₽40246
₽47008
₽51746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
38 709
regional
-
-
-
2 269
municipal
-
-
-
894
national
-
-
-
36 344
total
-
-
-
78 216
Employee
52 049
-
150 500
-
municipal
276
-
798
-
national
8 246
-
31 406
-
regional
701
-
2 025
-
social contributions
17 551
-
50 749
-
total
26 774
-
84 978
-
Employer
52 049
-
150 500
-
total
-
-
-
-
Corporate
98 451
150 500
-
-
municipal
4 893
7 480
-
-
nationa
23 629
36 120
-
-
total
28 522
43 600
-
-
Dividends
69 929
106 900
-
-
withholding
18 182
27 794
-
-
total
18 182
27 794
-
-
Income
150 500
150 500
150 500
150 500
Total tax
73 478
71 394
84 978
78 216
After tax
77 022
79 106
65 522
72 284
Living cost
25 276
25 276
25 276
25 276
Free-cash
51 746
53 830
40 246
47 008

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75264
₽48019
₽54155
₽65148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 561
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
20 318
total
-
-
-
67 990
Employee
41 699
-
112 313
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 300
-
income
5 004
-
13 478
-
health
5 629
-
15 162
-
total
13 343
-
35 940
-
Employer
41 699
-
112 313
-
health
3 753
-
10 108
-
social contributions
10 425
-
28 078
-
total
14 178
-
38 186
-
Corporate
94 624
150 500
-
-
income
17 979
28 595
-
-
total
17 979
28 595
-
-
Dividends
76 645
121 905
-
-
withholding
11 497
18 286
-
-
total
11 497
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 997
46 881
74 126
67 990
After tax
93 503
103 619
76 374
82 510
Living cost
28 355
28 355
28 355
28 355
Free-cash
65 148
75 264
48 019
54 155

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53577
₽9704
₽47453
₽53114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 091
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
602
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
73 112
Employee
41 016
37 393
118 319
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
30 139
-
health
1 587
1 448
4 241
-
total
11 081
9 530
49 991
-
Employer
41 016
37 393
118 319
-
chamber of commerce
164
150
474
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
3 549
-
other
1 948
1 775
5 545
-
total
11 803
10 763
32 181
-
Corporate
97 680
102 345
114 758
-
income

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

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

24 419
25 586
28 689
-
total
24 419
25 586
28 689
-
Dividends
73 261
76 760
-
-
withholding
20 148
21 109
-
-
total
20 148
21 109
-
-
Income
150 500
150 500
150 500
150 500
Total tax
67 451
66 988
110 861
73 112
After tax
83 049
83 512
39 639
77 388
Living cost
29 935
29 935
29 935
29 935
Free-cash
53 114
53 577
9 704
47 453

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽131193
₽108618
₽137213
₽128983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
microenterprise

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

-
-
-
1 505
total
-
-
-
1 505
Employee
14 727
-
150 500
-
income
2 946
-
30 100
-
total
2 946
-
30 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

135 773
150 500
-
-
total
-
-
-
-
Dividends
135 773
150 500
-
-
withholding
6 789
7 525
-
-
total
6 789
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 735
7 525
30 100
1 505
After tax
140 765
142 975
120 400
148 995
Living cost
11 782
11 782
11 782
11 782
Free-cash
128 983
131 193
108 618
137 213

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78453
₽45103
₽49089
₽70604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 724
unemployment
-
-
-
226
health
-
-
-
14 809
pensions
-
-
-
27 485
total
-
-
-
76 244
Employee

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

41 492
-
130 224
-
unemployment
59
-
182
-
pensions
6 432
-
20 185
-
income
7 155
-
31 176
-
health
2 680
-
8 412
-
total
16 326
-
59 955
-
Employer

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

41 492
-
130 224
-
health
2 764
-
8 673
-
pensions
3 672
-
11 524
-
unemployment
25
-
78
-
total
6 461
-
20 275
-
Corporate
102 548
150 500
-
-
income
19 483
28 595
-
-
total
19 483
28 595
-
-
Dividends
83 064
121 905
-
-
withholding
12 459
18 285
-
-
total
12 459
18 285
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 729
46 880
80 230
76 244
After tax
95 771
103 620
70 270
74 256
Living cost
25 167
25 167
25 167
25 167
Free-cash
70 604
78 453
45 103
49 089

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
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.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51484
₽98200
₽63928
₽7302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
12 000
150 500
-
-
income
2 640
33 110
-
-
total
2 640
33 110
-
-
Dividends
9 360
117 390
-
-
income
2 059
25 826
-
-
total
2 059
25 826
-
-
Income
150 500
150 500
150 500
150 500
Total tax
103 118
58 936
12 220
46 492
After tax
47 382
91 564
138 280
104 008
Living cost
40 080
40 080
40 080
40 080
Free-cash
7 302
51 484
98 200
63 928

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
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.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56172
₽40706
₽51714
₽55228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 056
surtax
-
-
-
-
social contributions

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

-
-
-
52 298
total
-
-
-
69 354
Employee
43 155
-
121 617
-
surtax
-
-
-
-
social contributions
4 747
-
13 378
-
income
8 976
-
38 101
-
total
13 723
-
51 479
-
Employer
43 155
-
121 617
-
social contributions
10 249
-
28 883
-
total
10 249
-
28 883
-
Corporate
97 096
150 500
-
-
income
20 390
31 606
-
-
surtax
-
-
-
-
total
20 390
31 606
-
-
Dividends
76 706
118 894
-
-
withholding
21 478
33 290
-
-
total
21 478
33 290
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 840
64 896
80 362
69 354
After tax
84 660
85 604
70 138
81 146
Living cost
29 432
29 432
29 432
29 432
Free-cash
55 228
56 172
40 706
51 714

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30532
₽39035
₽39733
₽36983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 350
other
-
-
-
4 665
surtax
-
-
-
-
social contributions
-
-
-
4 288
health
-
-
-
5 901
pensions
-
-
-
28 244
total
-
-
-
65 448
Employee
58 768
-
117 443
-
pensions
6 647
-
7 765
-
surtax
-
-
-
-
social contributions
1 674
-
3 346
-
income
5 128
-
21 979
-
total
13 449
-
33 090
-
Employer
58 768
-
117 443
-
health
4 113
-
10 391
-
pensions
9 656
-
13 145
-
unemployment
2 381
-
4 756
-
social contributions
176
-
353
-
other
2 028
-
4 411
-
total
18 354
-
33 056
-
Corporate
73 378
150 500
-
-
income
20 546
42 140
-
-
surtax
-
-
-
-
total
20 546
42 140
-
-
Dividends
52 831
108 360
-
-
surtax
-
-
-
-
social contributions
9 086
18 638
-
-
withholding
6 763
13 871
-
-
total
15 849
32 509
-
-
Income
150 500
150 500
150 500
150 500
Total tax
68 198
74 649
66 146
65 448
After tax
82 302
75 851
84 354
85 052
Living cost
45 319
45 319
45 319
45 319
Free-cash
36 983
30 532
39 035
39 733

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107245
₽87144
₽83143
₽104094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
6 042
social contributions
-
-
-
33 110
total
-
-
-
39 152
Employee
30 166
-
130 303
-
income
-
-
6 485
-
social contributions
1 960
-
8 469
-
total
1 960
-
14 954
-
Employer
30 166
-
130 303
-
social contributions
4 676
-
20 197
-
total
4 676
-
20 197
-
Corporate
115 659
150 500
-
-
income
11 565
15 050
-
-
total
11 565
15 050
-
-
Dividends
104 094
135 450
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
18 201
15 050
35 151
39 152
After tax
132 299
135 450
115 349
111 348
Living cost
28 205
28 205
28 205
28 205
Free-cash
104 094
107 245
87 144
83 143

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53926
-₽53926
₽44429
-₽53926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
labour market
-
-
-
11 975
municipal
-
-
-
30 911
national
-
-
-
17 185
pensions
-
-
-
813
total
-
-
-
60 884
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
159 239
159 239
159 239
60 884
After tax
-8 739
-8 739
-8 739
89 616
Living cost
45 187
45 187
45 187
45 187
Free-cash
-53 926
-53 926
-53 926
44 429

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8449
₽60504
₽82305
₽9024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 556
Employee
32 466
-
134 469
-
pensions
3 656
-
7 264
-
income
4 454
-
30 665
-
health
3 718
-
15 397
-
total
11 828
-
53 326
-
Employer
32 466
-
134 469
-
pensions
5 279
-
10 490
-
accident
542
-
2 246
-
unemployment
796
-
3 295
-
total
6 617
-
16 031
-
Corporate
111 417
150 500
-
-
income

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

100 275
135 450
-
-
total
100 275
135 450
-
-
Dividends
11 142
15 050
-
-
withholding
2 117
2 860
-
-
total
2 117
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
120 837
138 310
69 357
47 556
After tax
29 663
12 190
81 143
102 944
Living cost
20 639
20 639
20 639
20 639
Free-cash
9 024
-8 449
60 504
82 305

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59202
₽43870
₽63194
₽61204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
150 500
health
-
-
-
1 927
municipal
-
-
-
26 743
national
-
-
-
22 612
total
-
-
-
51 282
Employee
49 366
-
126 608
-
municipal
8 086
-
20 628
-
unemployment
741
-
1 900
-
pensions
3 332
-
8 545
-
national
816
-
14 086
-
health
369
-
1 558
-
total
13 344
-
46 717
-
Employer
49 366
-
126 608
-
health
379
-
974
-
pensions
8 565
-
21 966
-
accident
50
-
126
-
unemployment
321
-
823
-
total
9 315
-
23 889
-
Corporate
91 819
150 500
-
-
income
18 363
30 099
-
-
total
18 363
30 099
-
-
Dividends

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

55 092
90 300
-
-
municipal
9 916
16 253
-
-
national
2 334
8 922
-
-
total
12 250
25 175
-
-
Income
150 500
150 500
150 500
150 500
Total tax
53 272
55 274
70 606
51 282
After tax
97 228
95 226
79 894
99 218
Living cost
36 024
36 024
36 024
36 024
Free-cash
61 204
59 202
43 870
63 194

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88117
₽80518
₽81884
₽83009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 874
social contributions
-
-
-
15 181
health
-
-
-
3 837
total
-
-
-
46 892
Employee
72 151
72 151
139 836
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
27 140
-
health
559
1 227
2 377
-
total
11 143
13 894
37 594
-
Employer
72 151
72 151
139 836
-
health
607
1 335
2 587
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
10 664
-
Corporate
114 298
71 025
-
-
income
14 288
8 878
-
-
total
14 288
8 878
-
-
Dividends
100 010
62 147
-
-
withholding
17 001
10 564
-
-
total
17 001
10 564
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 767
40 659
48 258
46 892
After tax
104 733
109 841
102 242
103 608
Living cost
21 724
21 724
21 724
21 724
Free-cash
83 009
88 117
80 518
81 884

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109733
₽92200
₽111020
₽104958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 191
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
24 583
Employee

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

21 537
-
141 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
12 865
-
health
1 830
-
7 568
-
total
6 640
-
34 233
-
Employer

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

21 537
-
141 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
126 746
150 500
-
-
income
11 407
13 545
-
-
total
11 407
13 545
-
-
Dividends
115 339
136 955
-
-
withholding
10 381
12 325
-
-
total
10 381
12 325
-
-
Income
150 500
150 500
150 500
150 500
Total tax
30 645
25 870
43 403
24 583
After tax
119 855
124 630
107 097
125 917
Living cost
14 897
14 897
14 897
14 897
Free-cash
104 958
109 733
92 200
111 020

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74694
₽54887
₽58824
₽70550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 783
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 874
Employee
34 695
-
122 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
36 562
-
total
8 892
-
42 085
-
Employer
34 695
-
122 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
104 744
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.

15 712
22 575
-
-
total
15 712
22 575
-
-
Dividends
89 032
127 925
-
-
withholding
18 483
27 429
-
-
total
18 483
27 429
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 148
50 004
69 811
65 874
After tax
96 352
100 496
80 689
84 626
Living cost
25 802
25 802
25 802
25 802
Free-cash
70 550
74 694
54 887
58 824

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92012
₽94674
₽94809
₽91700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
51 400
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
53 791
Employee
2 894
-
148 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
51 327
-
health
145
-
347
-
total
994
-
52 367
-
Employer
2 894
-
148 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
146 954
150 500
-
-
income
32 330
33 110
-
-
total
32 330
33 110
-
-
Dividends
114 624
117 390
-
-
withholding
22 925
23 478
-
-
total
22 925
23 478
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 900
56 588
53 926
53 791
After tax
93 600
93 912
96 574
96 709
Living cost
1 900
1 900
1 900
1 900
Free-cash
91 700
92 012
94 674
94 809

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92540
₽74429
₽74429
₽87932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 713
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
59 875
Employee

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

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

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

24 423
-
138 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
33 713
-
health
1 258
-
3 564
-
total
8 227
-
47 486
-
Employer

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

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

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

24 423
-
138 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
121 705
150 500
-
-
income
18 256
22 575
-
-
total
18 256
22 575
-
-
Dividends
103 449
127 925
-
-
withholding
15 517
19 189
-
-
total
15 517
19 189
-
-
Income
150 500
150 500
150 500
150 500
Total tax
46 372
41 764
59 875
59 875
After tax
104 128
108 736
90 625
90 625
Living cost
16 196
16 196
16 196
16 196
Free-cash
87 932
92 540
74 429
74 429

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60308
₽44842
₽55850
₽59970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 056
surtax
-
-
-
-
social contributions

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

-
-
-
52 298
total
-
-
-
69 354
Employee
36 418
-
121 617
-
surtax
-
-
-
-
social contributions
4 006
-
13 378
-
income
7 116
-
38 101
-
total
11 122
-
51 479
-
Employer
36 418
-
121 617
-
social contributions
8 648
-
28 883
-
total
8 648
-
28 883
-
Corporate
105 434
150 500
-
-
income
22 142
31 606
-
-
surtax
-
-
-
-
total
22 142
31 606
-
-
Dividends
83 292
118 894
-
-
withholding
23 322
33 290
-
-
total
23 322
33 290
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 234
64 896
80 362
69 354
After tax
85 266
85 604
70 138
81 146
Living cost
25 296
25 296
25 296
25 296
Free-cash
59 970
60 308
44 842
55 850

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67520
₽47713
₽51650
₽61141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
39 783
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
65 874
Employee
45 316
-
122 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
36 562
-
total
12 342
-
42 085
-
Employer
45 316
-
122 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
90 736
150 500
-
-
income

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

13 611
22 575
-
-
total
13 611
22 575
-
-
Dividends
77 125
127 925
-
-
withholding
15 983
27 429
-
-
total
15 983
27 429
-
-
Income
150 500
150 500
150 500
150 500
Total tax
56 383
50 004
69 811
65 874
After tax
94 117
100 496
80 689
84 626
Living cost
32 976
32 976
32 976
32 976
Free-cash
61 141
67 520
47 713
51 650

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112540
₽108782
₽103039
₽106823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
income
-
-
-
22 575
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
31 324
Employee
21 368
-
144 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
14 408
-
health
983
-
1 507
-
total
5 231
-
19 152
-
Employer
21 368
-
144 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
124 940
150 500
-
-
income
12 494
15 050
-
-
total
12 494
15 050
-
-
Dividends
112 445
135 450
-
-
withholding
5 622
6 773
-
-
total
5 622
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
27 540
21 823
25 581
31 324
After tax
122 960
128 677
124 919
119 176
Living cost
16 137
16 137
16 137
16 137
Free-cash
106 823
112 540
108 782
103 039

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41254
₽60515
₽45179
₽53532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
income

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

-
-
-
44 882
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.

-
-
-
2 468
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.

-
-
-
6 410
trade
-
-
-
15 336
total
-
-
-
69 096
Employee

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

46 686
-
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.

212
-
2 468
-
income

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

3 839
-
44 882
-
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.

6 410
-
6 410
-
total
10 461
-
53 760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 814
150 500
-
-
income
15 571
22 575
-
-
surtax

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

856
1 241
-
-
chamber of commerce
294
363
-
-
trade
14 897
21 597
-
-
total
31 618
45 776
-
-
Dividends
72 195
104 724
-
-
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.

972
1 421
-
-
withholding
17 692
25 824
-
-
total
18 664
27 245
-
-
Income
150 500
150 500
150 500
150 500
Total tax
60 743
73 021
53 760
69 096
After tax
89 757
77 479
96 740
81 404
Living cost
36 225
36 225
36 225
36 225
Free-cash
53 532
41 254
60 515
45 179

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51901
₽27591
₽27591
₽53971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 692
social contributions
-
-
-
24 767
total
-
-
-
69 459
Employee
73 396
-
150 500
-
income
13 850
-
44 692
-
social contributions
6 098
-
24 767
-
total
19 948
-
69 459
-
Employer
73 396
-
150 500
-
total
-
-
-
-
Corporate
77 104
150 500
-
-
income
9 638
18 812
-
-
total
9 638
18 812
-
-
Dividends
67 465
131 688
-
-
withholding
13 493
26 337
-
-
total
13 493
26 337
-
-
Income
150 500
150 500
150 500
150 500
Total tax
43 079
45 149
69 459
69 459
After tax
107 421
105 351
81 041
81 041
Living cost
53 450
53 450
53 450
53 450
Free-cash
53 971
51 901
27 591
27 591

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58806
₽73849
₽84043
₽62085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
150 500
income
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
146 184
-
income
4 671
-
33 958
-
social contributions
4 313
-
4 316
-
total
8 984
-
38 274
-
Employer
43 044
-
146 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
103 143
150 500
-
-
income
36 100
52 676
-
-
total
36 100
52 676
-
-
Dividends
67 043
97 824
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 354
57 633
42 590
32 396
After tax
96 146
92 867
107 910
118 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
62 085
58 806
73 849
84 043

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
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.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65273
₽52380
₽66083
₽70825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 462
pensions
-
-
-
8 140
total
-
-
-
49 602
Employee
47 789
-
131 606
-
pensions
3 648
-
10 119
-
income
8 703
-
32 326
-
health
623
-
1 966
-
total
12 974
-
44 411
-
Employer
47 789
-
131 606
-
health
908
-
2 500
-
pensions
4 828
-
16 394
-
total
5 736
-
18 894
-
Corporate
96 974
150 500
-
-
income

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

18 425
28 596
-
-
total
18 425
28 596
-
-
Dividends
78 549
121 904
-
-
withholding
7 725
21 816
-
-
total
7 725
21 816
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 860
50 412
63 305
49 602
After tax
105 640
100 088
87 195
100 898
Living cost
34 815
34 815
34 815
34 815
Free-cash
70 825
65 273
52 380
66 083

Estimated living cost  is ₽34815 per week

₽23883
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.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽10492
₽58461
₽80262
₽8712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
40 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
47 556
Employee
35 680
-
134 469
-
pensions
4 018
-
7 264
-
income
4 895
-
30 665
-
health
4 085
-
15 397
-
total
12 998
-
53 326
-
Employer
35 680
-
134 469
-
pensions
5 801
-
10 490
-
accident
596
-
2 246
-
unemployment
874
-
3 295
-
total
7 271
-
16 031
-
Corporate
107 549
150 500
-
-
income

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

96 794
135 450
-
-
total
96 794
135 450
-
-
Dividends
10 755
15 050
-
-
withholding
2 043
2 860
-
-
total
2 043
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
119 106
138 310
69 357
47 556
After tax
31 394
12 190
81 143
102 944
Living cost
22 682
22 682
22 682
22 682
Free-cash
8 712
-10 492
58 461
80 262

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽113969
₽92596
₽71960
₽109579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
150 500
income
-
-
-
24 590
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
65 863
Employee

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

20 283
-
150 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
24 590
-
total
7 605
-
45 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 217
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%.

1 302
1 505
-
-
total
1 302
1 505
-
-
Dividends
128 915
148 995
-
-
withholding
19 337
22 349
-
-
total
19 337
22 349
-
-
Income
150 500
150 500
150 500
150 500
Total tax
28 244
23 854
45 227
65 863
After tax
122 256
126 646
105 273
84 637
Living cost
12 677
12 677
12 677
12 677
Free-cash
109 579
113 969
92 596
71 960

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽41894
₽27026
₽33631
₽37624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
150 500
social contributions
-
-
-
38 709
regional
-
-
-
3 430
municipal
-
-
-
1 006
national
-
-
-
36 344
total
-
-
-
79 489
Employee
79 067
-
150 500
-
municipal
472
-
897
-
national
13 362
-
31 406
-
regional
1 194
-
3 042
-
social contributions
26 661
-
50 749
-
total
41 689
-
86 094
-
Employer
79 067
-
150 500
-
total
-
-
-
-
Corporate
71 433
150 500
-
-
municipal
3 444
7 254
-
-
nationa
17 144
36 120
-
-
total
20 588
43 374
-
-
Dividends
50 845
107 126
-
-
withholding
13 219
27 852
-
-
total
13 219
27 852
-
-
Income
150 500
150 500
150 500
150 500
Total tax
75 496
71 226
86 094
79 489
After tax
75 004
79 274
64 406
71 011
Living cost
37 380
37 380
37 380
37 380
Free-cash
37 624
41 894
27 026
33 631

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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