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
₽ 151000
per

Your estimated
City
free-cash

Dresden , Germany
₽45776
₽56889
₽51079
₽67506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
trade
-
-
-
16 427
income

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

-
-
-
43 800
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 409
total
-
-
-
69 498
Employee

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

38 418
-
151 000
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
2 409
-
income

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

1 073
-
43 800
-
total
7 994
-
53 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 582
151 000
-
-
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.

928
1 247
-
-
income
16 888
22 650
-
-
trade
17 732
23 782
-
-
chamber of commerce
315
370
-
-
total
35 863
48 049
-
-
Dividends
76 719
102 951
-
-
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.

1 033
1 395
-
-
withholding
18 798
25 357
-
-
total
19 831
26 752
-
-
Income
151 000
151 000
151 000
151 000
Total tax
63 688
74 801
53 071
69 498
After tax
87 312
76 199
97 929
81 502
Living cost
30 423
30 423
30 423
30 423
Free-cash
56 889
45 776
67 506
51 079

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽43541
₽42698
₽38852
₽40037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
municipal
-
-
-
16 364
pensions
-
-
-
18 120
national
-
-
-
25 358
social contributions
-
-
-
1 623
total
-
-
-
61 465
Employee
78 568
-
130 538
-
municipal
9 704
-
16 949
-
pensions
3 143
-
5 222
-
national
15 038
-
26 263
-
total
27 885
-
48 434
-
Employer
78 568
-
130 538
-
social contributions
845
-
1 403
-
pensions
6 285
-
10 443
-
total
7 130
-
11 846
-
Corporate
60 117
151 000
-
-
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%.

12 023
30 200
-
-
total
12 023
30 200
-
-
Dividends
48 093
120 800
-
-
withholding
10 581
26 576
-
-
total
10 581
26 576
-
-
Income
151 000
151 000
151 000
151 000
Total tax
57 619
56 776
60 280
61 465
After tax
93 381
94 224
90 720
89 535
Living cost
50 683
50 683
50 683
50 683
Free-cash
42 698
43 541
40 037
38 852

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽99903
₽91664
₽28379
₽71007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
microenterprise
-
-
-
-
income
-
-
-
24 735
surtax
-
-
-
38 505
social contributions

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

-
-
-
38 484
total
-
-
-
101 724
Employee
29 350
-
108 425
-
social contributions

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

3 229
-
11 926
-
surtax
-
-
-
-
income
5 225
-
21 051
-
total
8 454
-
32 977
-
Employer
29 350
-
108 425
-
social contributions

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

7 070
-
26 119
-
surtax
-
-
-
-
total
7 070
-
26 119
-
Corporate
114 580
151 000
-
-
income

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

22 915
30 200
-
-
total
22 915
30 200
-
-
Dividends

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

91 665
120 800
-
-
total
-
-
-
-
Income
151 000
151 000
151 000
151 000
Total tax
38 439
30 200
59 096
101 724
After tax
112 561
120 800
91 904
49 276
Living cost
20 897
20 897
20 897
20 897
Free-cash
91 664
99 903
71 007
28 379

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽32295
₽26142
₽43091
₽49450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
41 678
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
65 832
Employee
85 775
85 775
132 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
16 653
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
40 807
-
Employer
85 775
85 775
132 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
51 257
50 205
-
-
income
10 251
10 041
-
-
total
10 251
10 041
-
-
Dividends
41 006
40 164
-
-
income
8 715
8 536
-
-
withholding
6 151
6 025
-
-
total
14 866
14 561
-
-
Income
151 000
151 000
151 000
151 000
Total tax
82 781
76 628
59 473
65 832
After tax
68 219
74 372
91 527
85 168
Living cost
42 077
42 077
42 077
42 077
Free-cash
26 142
32 295
49 450
43 091

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽43485
₽42611
₽39872
₽38927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
municipal
-
-
-
37 652
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
9 778
total
-
-
-
72 167
Employee
55 516
-
124 171
-
municipal
16 555
-
37 028
-
national
-
-
9 255
-
total
16 555
-
46 283
-
Employer
55 516
-
124 171
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
78 041
151 000
-
-
income
17 169
33 220
-
-
total
17 169
33 220
-
-
Dividends
60 872
117 780
-
-
withholding
18 261
35 334
-
-
total
18 261
35 334
-
-
Income
151 000
151 000
151 000
151 000
Total tax
69 428
68 554
73 112
72 167
After tax
81 572
82 446
77 888
78 833
Living cost
38 961
38 961
38 961
38 961
Free-cash
42 611
43 485
38 927
39 872

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽35965
₽50081
₽41314
₽58471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
trade
-
-
-
17 157
income

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

-
-
-
43 800
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 409
total
-
-
-
70 228
Employee

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

50 937
-
151 000
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
2 409
-
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.

4 376
-
43 800
-
total
11 478
-
53 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 063
151 000
-
-
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.

825
1 247
-
-
income
15 009
22 650
-
-
trade
16 461
24 840
-
-
chamber of commerce
295
368
-
-
total
32 590
49 105
-
-
Dividends
67 472
101 895
-
-
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.

907
1 380
-
-
withholding
16 486
25 092
-
-
total
17 393
26 472
-
-
Income
151 000
151 000
151 000
151 000
Total tax
61 461
75 577
53 071
70 228
After tax
89 539
75 423
97 929
80 772
Living cost
39 458
39 458
39 458
39 458
Free-cash
50 081
35 965
58 471
41 314

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77661
₽73496
₽71928
₽70528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
26 392
health
-
-
-
3 850
social contributions
-
-
-
16 251
total
-
-
-
46 493
Employee
77 236
77 236
139 767
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 377
-
income
8 110
7 150
25 637
-
total
12 631
14 873
36 660
-
Employer
77 236
77 236
139 767
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 587
-
total
4 590
7 840
11 233
-
Corporate
101 200
65 924
-
-
income
12 651
8 240
-
-
total
12 651
8 240
-
-
Dividends
88 549
57 684
-
-
withholding
15 053
9 807
-
-
total
15 053
9 807
-
-
Income
151 000
151 000
151 000
151 000
Total tax
44 925
40 760
47 893
46 493
After tax
106 075
110 240
103 107
104 507
Living cost
32 579
32 579
32 579
32 579
Free-cash
73 496
77 661
70 528
71 928

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽66646
₽67027
₽86373
₽69305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
18 460
pensions
-
-
-
15 100
unemployment
-
-
-
2 265
health
-
-
-
10 570
total
-
-
-
46 395
Employee

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
126 360
-
health
1 842
733
8 845
-
income
3 217
1 281
15 447
-
pensions
2 632
1 047
12 636
-
unemployment
395
157
1 895
-
total
8 086
3 218
38 823
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
126 360
-
pensions
5 132
2 043
24 640
-
total
5 132
2 043
24 640
-
Corporate
119 549
138 483
-
-
income
10 759
12 463
-
-
total
10 759
12 463
-
-
Dividends
108 789
126 019
-
-
social contributions
21 094
24 454
-
-
withholding
20 670
23 944
-
-
total
41 764
48 398
-
-
Income
151 000
151 000
151 000
151 000
Total tax
65 741
66 122
63 463
46 395
After tax
85 259
84 878
87 537
104 605
Living cost
18 232
18 232
18 232
18 232
Free-cash
67 027
66 646
69 305
86 373

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96539
₽90299
₽56677
₽62775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
20 233
pensions
-
-
-
30 200
health
-
-
-
19 629
total
-
-
-
70 062
Employee
28 494
-
112 855
-
income
3 208
-
21 758
-
pensions
570
-
2 257
-
unemployment
456
-
1 805
-
total
4 234
-
25 820
-
Employer
28 494
-
112 855
-
unemployment
229
-
903
-
pensions
5 699
-
22 570
-
health
3 704
-
14 671
-
total
9 632
-
38 144
-
Corporate
112 874
151 000
-
-
income
22 574
30 200
-
-
total
22 574
30 200
-
-
Dividends
90 300
120 800
-
-
total
-
-
-
-
Income
151 000
151 000
151 000
151 000
Total tax
36 440
30 200
63 964
70 062
After tax
114 560
120 800
87 036
80 938
Living cost
24 261
24 261
24 261
24 261
Free-cash
90 299
96 539
62 775
56 677

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽9813
₽8849
₽81272
₽59080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
accident
-
-
-
253
income
-
-
-
40 706
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 684
Employee
34 676
-
134 423
-
health
3 970
-
15 391
-
income
4 757
-
30 262
-
pensions
3 905
-
7 645
-
total
12 632
-
53 298
-
Employer
34 676
-
134 423
-
accident
579
-
2 245
-
unemployment
850
-
3 294
-
pensions
5 639
-
11 039
-
total
7 068
-
16 578
-
Corporate
109 257
151 000
-
-
income

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

98 331
135 900
-
-
total
98 331
135 900
-
-
Dividends
10 926
15 100
-
-
withholding
2 076
2 869
-
-
total
2 076
2 869
-
-
Income
151 000
151 000
151 000
151 000
Total tax
120 107
138 769
69 876
47 684
After tax
30 893
12 231
81 124
103 316
Living cost
22 044
22 044
22 044
22 044
Free-cash
8 849
-9 813
59 080
81 272

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽134350
₽132643
₽140390
₽111700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
151 000
microenterprise

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

-
-
-
1 510
total
-
-
-
1 510
Employee
11 374
-
151 000
-
income
2 275
-
30 200
-
total
2 275
-
30 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

139 626
151 000
-
-
total
-
-
-
-
Dividends
139 626
151 000
-
-
withholding
6 982
7 550
-
-
total
6 982
7 550
-
-
Income
151 000
151 000
151 000
151 000
Total tax
9 257
7 550
30 200
1 510
After tax
141 743
143 450
120 800
149 490
Living cost
9 100
9 100
9 100
9 100
Free-cash
132 643
134 350
111 700
140 390

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽84175
₽77393
₽53193
₽59441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
20 986
pensions

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

-
-
-
36 239
other
-
-
-
7 173
health
-
-
-
6 645
total
-
-
-
71 043
Employee
36 470
-
120 605
-
health
511
-
1 689
-
income
6 279
-
23 066
-
pensions

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

2 552
-
8 442
-
unemployment
364
-
1 207
-
total
9 706
-
34 404
-
Employer
36 470
-
120 605
-
accident
292
-
964
-
other
1 824
-
6 029
-
unemployment
364
-
1 207
-
pensions

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

6 201
-
20 502
-
health
511
-
1 689
-
total
9 192
-
30 391
-
Corporate
105 339
151 000
-
-
income
22 120
31 710
-
-
total
22 120
31 710
-
-
Dividends
83 218
119 290
-
-
withholding
5 825
8 351
-
-
total
5 825
8 351
-
-
Income
151 000
151 000
151 000
151 000
Total tax
46 843
40 061
64 795
71 043
After tax
104 157
110 939
86 205
79 957
Living cost
26 764
26 764
26 764
26 764
Free-cash
77 393
84 175
59 441
53 193

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34517
₽32254
₽34964
₽21153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
40 423
pensions
-
-
-
8 512
total
-
-
-
48 935
Employee
94 938
-
132 145
-
health
1 564
-
2 016
-
income
17 114
-
31 218
-
pensions
9 159
-
10 657
-
total
27 837
-
43 891
-
Employer
94 938
-
132 145
-
pensions
11 209
-
16 345
-
health
1 803
-
2 510
-
total
13 012
-
18 855
-
Corporate
43 050
151 000
-
-
income

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

8 180
28 690
-
-
total
8 180
28 690
-
-
Dividends
34 870
122 310
-
-
withholding
2 616
20 692
-
-
total
2 616
20 692
-
-
Income
151 000
151 000
151 000
151 000
Total tax
51 645
49 382
62 746
48 935
After tax
99 355
101 618
88 254
102 065
Living cost
67 101
67 101
67 101
67 101
Free-cash
32 254
34 517
21 153
34 964

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115937
₽111272
₽105816
₽111457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
22 650
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
32 016
Employee
17 436
-
144 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 412
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 492
-
Employer
17 436
-
144 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
130 143
151 000
-
-
income
13 015
15 100
-
-
total
13 015
15 100
-
-
Dividends
117 128
135 900
-
-
withholding
5 856
6 795
-
-
total
5 856
6 795
-
-
Income
151 000
151 000
151 000
151 000
Total tax
26 560
21 895
26 375
32 016
After tax
124 440
129 105
124 625
118 984
Living cost
13 168
13 168
13 168
13 168
Free-cash
111 272
115 937
111 457
105 816

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽18675
₽21202
₽29471
₽35830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
41 678
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
65 832
Employee
93 124
85 775
132 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
16 653
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
40 807
-
Employer
93 124
85 775
132 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
41 571
50 205
-
-
income
8 314
10 041
-
-
total
8 314
10 041
-
-
Dividends
33 257
40 164
-
-
income
7 068
8 536
-
-
withholding
4 988
6 025
-
-
total
12 056
14 561
-
-
Income
151 000
151 000
151 000
151 000
Total tax
74 101
76 628
59 473
65 832
After tax
76 899
74 372
91 527
85 168
Living cost
55 697
55 697
55 697
55 697
Free-cash
21 202
18 675
35 830
29 471

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽79943
₽71375
₽57623
₽52606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
14 408
health
-
-
-
20 385
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
69 357
Employee
35 324
-
112 687
-
social contributions
2 296
-
7 325
-
health
4 769
-
15 213
-
solidarity contribution
-
-
-
-
income
4 239
-
13 522
-
total
11 304
-
36 060
-
Employer
35 324
-
112 687
-
social contributions
8 831
-
28 172
-
health
3 179
-
10 142
-
total
12 010
-
38 314
-
Corporate
103 666
151 000
-
-
income
19 696
28 690
-
-
total
19 696
28 690
-
-
Dividends
83 969
122 310
-
-
withholding
12 595
18 347
-
-
total
12 595
18 347
-
-
Income
151 000
151 000
151 000
151 000
Total tax
55 605
47 037
74 374
69 357
After tax
95 395
103 963
76 626
81 643
Living cost
24 020
24 020
24 020
24 020
Free-cash
71 375
79 943
52 606
57 623

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽38179
₽32937
₽31298
₽24333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
municipal
-
-
-
898
regional
-
-
-
1 756
national
-
-
-
35 827
social contributions
-
-
-
38 837
total
-
-
-
77 318
Employee
89 268
-
151 000
-
social contributions
30 101
-
50 918
-
regional
842
-
1 548
-
municipal
473
-
801
-
national
15 468
-
31 016
-
total
46 884
-
84 283
-
Employer
89 268
-
151 000
-
total
-
-
-
-
Corporate
61 732
151 000
-
-
nationa
14 816
36 241
-
-
municipal
2 407
5 890
-
-
total
17 223
42 131
-
-
Dividends
44 508
108 869
-
-
withholding
11 572
28 306
-
-
total
11 572
28 306
-
-
Income
151 000
151 000
151 000
151 000
Total tax
75 679
70 437
84 283
77 318
After tax
75 321
80 563
66 717
73 682
Living cost
42 384
42 384
42 384
42 384
Free-cash
32 937
38 179
24 333
31 298

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽72816
₽69687
₽49493
₽44799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
37 394
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 392
total
-
-
-
79 343
Employee
33 216
-
124 740
-
other
-
-
-
-
health
848
-
3 181
-
surtax
109
-
4 651
-
income
5 568
-
32 945
-
pensions
2 215
-
8 320
-
unemployment
2 312
-
8 682
-
total
11 052
-
57 779
-
Employer
33 216
-
124 740
-
other
-
-
-
-
unemployment
1 052
-
3 955
-
pensions
4 428
-
16 627
-
health
1 512
-
5 676
-
total
6 992
-
26 258
-
Corporate
110 792
151 000
-
-
income
28 807
39 260
-
-
total
28 807
39 260
-
-
Dividends
81 985
111 740
-
-
withholding
12 298
16 760
-
-
total
12 298
16 760
-
-
Income
151 000
151 000
151 000
151 000
Total tax
59 149
56 020
84 037
79 343
After tax
91 851
94 980
66 963
71 657
Living cost
22 164
22 164
22 164
22 164
Free-cash
69 687
72 816
44 799
49 493

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽55776
₽59399
₽56223
₽42412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
40 423
pensions
-
-
-
8 512
total
-
-
-
48 935
Employee
63 625
-
132 145
-
health
924
-
2 016
-
income
11 459
-
31 218
-
pensions
5 400
-
10 657
-
total
17 783
-
43 891
-
Employer
63 625
-
132 145
-
pensions
6 887
-
16 345
-
health
1 209
-
2 510
-
total
8 096
-
18 855
-
Corporate
79 279
151 000
-
-
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.

15 063
28 690
-
-
total
15 063
28 690
-
-
Dividends
64 216
122 310
-
-
withholding
4 817
20 692
-
-
total
4 817
20 692
-
-
Income
151 000
151 000
151 000
151 000
Total tax
45 759
49 382
62 746
48 935
After tax
105 241
101 618
88 254
102 065
Living cost
45 842
45 842
45 842
45 842
Free-cash
59 399
55 776
42 412
56 223

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7345
₽25342
₽47040
₽39699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
city
-
-
-
1 591
pensions
-
-
-
13 892
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.

-
-
-
3 020
regional
-
-
-
6 826
health
-
-
-
339
national
-
-
-
1 898
total
-
-
-
27 566
Employee
89 401
-
135 152
-
city
959
-
1 452
-
regional
2 927
-
5 888
-
health
202
-
304
-
pensions
7 511
-
11 353
-
unemployment
-
-
-
-
national
423
-
1 549
-
total
12 022
-
20 546
-
Employer
89 401
-
135 152
-
other

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

1 787
-
2 704
-
unemployment
-
-
-
-
pensions
7 511
-
11 353
-
health
202
-
304
-
total
9 500
-
14 361
-
Corporate
51 116
151 000
-
-
regional
10 811
31 937
-
-
national
4 344
12 834
-
-
total
15 155
44 771
-
-
Dividends
35 960
106 229
-
-
withholding
12 587
37 180
-
-
total
12 587
37 180
-
-
Income
151 000
151 000
151 000
151 000
Total tax
49 264
81 951
34 907
27 566
After tax
101 736
69 049
116 093
123 434
Living cost
76 394
76 394
76 394
76 394
Free-cash
25 342
-7 345
39 699
47 040

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽28633
₽44924
₽34028
₽51915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
trade
-
-
-
17 887
income

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

-
-
-
43 800
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 409
total
-
-
-
70 958
Employee

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

60 365
-
151 000
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
2 409
-
income

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

7 098
-
43 800
-
total
14 351
-
53 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 635
151 000
-
-
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.

747
1 247
-
-
income
13 594
22 650
-
-
trade
15 544
25 896
-
-
chamber of commerce
280
366
-
-
total
30 165
50 159
-
-
Dividends
60 469
100 841
-
-
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.

810
1 365
-
-
withholding
14 736
24 829
-
-
total
15 546
26 194
-
-
Income
151 000
151 000
151 000
151 000
Total tax
60 062
76 353
53 071
70 958
After tax
90 938
74 647
97 929
80 042
Living cost
46 014
46 014
46 014
46 014
Free-cash
44 924
28 633
51 915
34 028

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽41739
₽47671
₽51148
₽51516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
21 533
pensions
-
-
-
29 396
other
-
-
-
4 681
health
-
-
-
5 575
surtax
-
-
-
-
social contributions
-
-
-
4 302
total
-
-
-
65 487
Employee
42 988
-
118 455
-
social contributions
1 226
-
3 374
-
surtax
-
-
-
-
income
2 537
-
21 620
-
pensions
4 861
-
7 579
-
total
8 624
-
32 573
-
Employer
42 988
-
118 455
-
other
1 483
-
4 339
-
social contributions
130
-
355
-
unemployment
1 740
-
4 798
-
pensions
7 062
-
12 874
-
health
3 010
-
10 180
-
total
13 425
-
32 546
-
Corporate
94 587
151 000
-
-
surtax
-
-
-
-
income
26 483
42 279
-
-
total
26 483
42 279
-
-
Dividends
68 104
108 721
-
-
surtax
-
-
-
-
social contributions
11 715
18 701
-
-
withholding
8 717
13 916
-
-
total
20 432
32 617
-
-
Income
151 000
151 000
151 000
151 000
Total tax
68 964
74 896
65 119
65 487
After tax
82 036
76 104
85 881
85 513
Living cost
34 365
34 365
34 365
34 365
Free-cash
47 671
41 739
51 516
51 148

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽45144
₽50725
₽54553
₽54921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
21 533
pensions
-
-
-
29 396
other
-
-
-
4 681
health
-
-
-
5 575
surtax
-
-
-
-
social contributions
-
-
-
4 302
total
-
-
-
65 487
Employee
38 373
-
118 455
-
social contributions
1 094
-
3 374
-
surtax
-
-
-
-
income
1 979
-
21 620
-
pensions
4 340
-
7 579
-
total
7 413
-
32 573
-
Employer
38 373
-
118 455
-
other
1 325
-
4 339
-
social contributions
114
-
355
-
unemployment
1 553
-
4 798
-
pensions
6 305
-
12 874
-
health
2 686
-
10 180
-
total
11 983
-
32 546
-
Corporate
100 643
151 000
-
-
surtax
-
-
-
-
income
28 180
42 279
-
-
total
28 180
42 279
-
-
Dividends
72 463
108 721
-
-
surtax
-
-
-
-
social contributions
12 464
18 701
-
-
withholding
9 275
13 916
-
-
total
21 739
32 617
-
-
Income
151 000
151 000
151 000
151 000
Total tax
69 315
74 896
65 119
65 487
After tax
81 685
76 104
85 881
85 513
Living cost
30 960
30 960
30 960
30 960
Free-cash
50 725
45 144
54 921
54 553

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70823
₽71346
₽75674
₽73322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
22 650
health
-
-
-
10 539
social contributions
-
-
-
20 838
total
-
-
-
54 027
Employee
34 056
-
151 000
-
social contributions
4 700
-
20 838
-
health
2 377
-
10 539
-
income
5 680
-
25 002
-
total
12 757
-
56 379
-
Employer
34 056
-
151 000
-
total
-
-
-
-
Corporate
116 944
151 000
-
-
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%.

5 848
7 550
-
-
total
5 848
7 550
-
-
Dividends
111 096
143 450
-
-
health
7 754
10 013
-
-
social contributions
15 331
19 797
-
-
withholding
16 665
21 518
-
-
total
39 750
51 328
-
-
Income
151 000
151 000
151 000
151 000
Total tax
58 355
58 878
56 379
54 027
After tax
92 645
92 122
94 621
96 973
Living cost
21 299
21 299
21 299
21 299
Free-cash
71 346
70 823
73 322
75 674

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽48403
₽46847
₽42024
₽3912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
chamber of commerce
-
-
-
604
income
-
-
-
35 936
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
73 584
Employee
50 197
40 028
117 100
-
other
501
400
1 170
-
health
1 942
1 550
4 533
-
income
5 715
2 953
28 266
-
pensions
5 141
4 098
11 991
-
unemployment
1 506
1 201
3 513
-
total
14 805
10 202
49 473
-
Employer
50 197
40 028
117 100
-
accident
652
520
1 523
-
other
2 385
1 900
5 562
-
chamber of commerce
200
160
469
-
unemployment
1 506
1 201
3 513
-
surtax
198
198
198
-
pensions
6 300
5 024
14 696
-
payroll
1 506
1 201
3 513
-
health
1 897
1 513
4 426
-
total
14 644
11 717
33 900
-
Corporate
86 160
99 253
113 288
-
income

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

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

21 541
24 814
28 323
-
total
21 541
24 814
28 323
-
Dividends
64 619
74 439
-
-
withholding
17 771
20 472
-
-
total
17 771
20 472
-
-
Income
151 000
151 000
151 000
151 000
Total tax
68 761
67 205
111 696
73 584
After tax
82 239
83 795
39 304
77 416
Living cost
35 392
35 392
35 392
35 392
Free-cash
46 847
48 403
3 912
42 024

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽47881
₽32816
₽29315
₽17984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
national
-
-
-
53 830
communal

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

-
-
-
7 645
social contributions
-
-
-
23 587
total
-
-
-
85 062
Employee

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

71 848
-
116 953
-
communal

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

3 747
-
6 100
-
health

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

3 376
-
5 497
-
pensions

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

5 389
-
8 772
-
unemployment

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

625
-
1 018
-
national
22 089
-
40 958
-
total
35 226
-
62 345
-
Employer

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

71 848
-
116 953
-
accident

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

934
-
1 521
-
unemployment

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

1 048
-
1 708
-
surtax
8 147
-
13 263
-
pensions

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

6 366
-
10 362
-
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.

4 418
-
7 194
-
total
20 913
-
34 048
-
Corporate
58 238
151 000
-
-
surtax
233
604
-
-
income
11 648
30 200
-
-
total
11 881
30 804
-
-
Dividends
46 358
120 195
-
-
withholding

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

13 541
35 692
-
-
total
13 541
35 692
-
-
Income
151 000
151 000
151 000
151 000
Total tax
81 561
66 496
96 393
85 062
After tax
69 439
84 504
54 607
65 938
Living cost
36 623
36 623
36 623
36 623
Free-cash
32 816
47 881
17 984
29 315

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽64691
₽57350
₽48757
₽44543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
accident
-
-
-
839
income
-
-
-
38 039
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 969
Employee
49 998
-
121 320
-
other
50
-
93
-
income
10 549
-
34 591
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
40 503
-
Employer
49 998
-
121 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
85 065
151 000
-
-
income

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

12 759
22 650
-
-
total
12 759
22 650
-
-
Dividends
72 305
128 350
-
-
withholding
14 955
27 385
-
-
total
14 955
27 385
-
-
Income
151 000
151 000
151 000
151 000
Total tax
57 376
50 035
70 183
65 969
After tax
93 624
100 965
80 817
85 031
Living cost
36 274
36 274
36 274
36 274
Free-cash
57 350
64 691
44 543
48 757

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽35193
₽23687
₽22974
₽28995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
accident
-
-
-
1 273
income
-
-
-
21 897
pensions
-
-
-
22 633
health
-
-
-
10 609
surtax
-
-
-
7 485
communal
-
-
-
9 544
total
-
-
-
73 441
Employee
76 065
-
134 882
-
health
3 385
-
6 002
-
surtax
4 662
-
8 267
-
income
7 347
-
26 244
-
pensions
6 084
-
10 790
-
total
21 478
-
51 303
-
Employer
76 065
-
134 882
-
accident
684
-
1 214
-
pensions
6 084
-
10 790
-
health
2 320
-
4 113
-
total
9 088
-
16 117
-
Corporate
65 847
151 000
-
-
surtax
692
1 586
-
-
communal
4 445
10 192
-
-
income
9 877
22 650
-
-
total
15 014
34 428
-
-
Dividends
50 832
116 572
-
-
income
19 524
9 307
-
-
withholding
7 624
17 487
-
-
total
27 148
26 794
-
-
Income
151 000
151 000
151 000
151 000
Total tax
72 728
61 222
67 420
73 441
After tax
78 272
89 778
83 580
77 559
Living cost
54 585
54 585
54 585
54 585
Free-cash
23 687
35 193
28 995
22 974

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽72419
₽69223
₽49096
₽44402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
37 394
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 392
total
-
-
-
79 343
Employee
33 826
-
124 740
-
other
-
-
-
-
health
863
-
3 181
-
surtax
120
-
4 651
-
income
5 671
-
32 945
-
pensions
2 257
-
8 320
-
unemployment
2 354
-
8 682
-
total
11 265
-
57 779
-
Employer
33 826
-
124 740
-
other
-
-
-
-
unemployment
1 073
-
3 955
-
pensions
4 510
-
16 627
-
health
1 538
-
5 676
-
total
7 121
-
26 258
-
Corporate
110 053
151 000
-
-
income
28 614
39 260
-
-
total
28 614
39 260
-
-
Dividends
81 439
111 740
-
-
withholding
12 216
16 760
-
-
total
12 216
16 760
-
-
Income
151 000
151 000
151 000
151 000
Total tax
59 216
56 020
84 037
79 343
After tax
91 784
94 980
66 963
71 657
Living cost
22 561
22 561
22 561
22 561
Free-cash
69 223
72 419
44 402
49 096

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽52312
₽50083
₽46104
₽39177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
municipal
-
-
-
898
regional
-
-
-
2 277
national
-
-
-
35 827
social contributions
-
-
-
38 837
total
-
-
-
77 839
Employee
55 717
-
151 000
-
social contributions
18 788
-
50 918
-
regional
750
-
2 031
-
municipal
295
-
801
-
national
8 827
-
31 016
-
total
28 660
-
84 766
-
Employer
55 717
-
151 000
-
total
-
-
-
-
Corporate
95 283
151 000
-
-
nationa
22 868
36 241
-
-
municipal
4 735
7 504
-
-
total
27 603
43 745
-
-
Dividends
67 680
107 255
-
-
withholding
17 597
27 886
-
-
total
17 597
27 886
-
-
Income
151 000
151 000
151 000
151 000
Total tax
73 860
71 631
84 766
77 839
After tax
77 140
79 369
66 234
73 161
Living cost
27 057
27 057
27 057
27 057
Free-cash
50 083
52 312
39 177
46 104

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽74364
₽63805
₽52044
₽47027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
14 408
health
-
-
-
20 385
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 564
total
-
-
-
69 357
Employee
43 528
-
112 687
-
social contributions
2 829
-
7 325
-
health
5 876
-
15 213
-
solidarity contribution
-
-
-
-
income
5 223
-
13 522
-
total
13 928
-
36 060
-
Employer
43 528
-
112 687
-
social contributions
10 882
-
28 172
-
health
3 918
-
10 142
-
total
14 800
-
38 314
-
Corporate
92 672
151 000
-
-
income
17 608
28 690
-
-
total
17 608
28 690
-
-
Dividends
75 064
122 310
-
-
withholding
11 260
18 347
-
-
total
11 260
18 347
-
-
Income
151 000
151 000
151 000
151 000
Total tax
57 596
47 037
74 374
69 357
After tax
93 404
103 963
76 626
81 643
Living cost
29 599
29 599
29 599
29 599
Free-cash
63 805
74 364
47 027
52 044

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51859
₽51362
₽45569
₽7294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
chamber of commerce
-
-
-
604
income
-
-
-
35 936
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
73 386
Employee
43 907
40 028
117 256
-
other
438
400
1 172
-
health
1 698
1 550
4 538
-
income
3 911
2 953
28 321
-
pensions
4 497
4 098
12 007
-
unemployment
1 317
1 201
3 517
-
total
11 861
10 202
49 555
-
Employer
43 907
40 028
117 256
-
accident
570
520
1 525
-
other
2 085
1 900
5 570
-
chamber of commerce
175
160
469
-
unemployment
1 317
1 201
3 517
-
surtax
-
-
-
-
pensions
5 511
5 024
14 715
-
payroll
1 317
1 201
3 517
-
health
1 660
1 513
4 432
-
total
12 635
11 519
33 745
-
Corporate
94 458
99 451
113 444
-
income

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

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

23 615
24 863
28 361
-
total
23 615
24 863
28 361
-
Dividends
70 843
74 588
-
-
withholding
19 482
20 512
-
-
total
19 482
20 512
-
-
Income
151 000
151 000
151 000
151 000
Total tax
67 593
67 096
111 661
73 386
After tax
83 407
83 904
39 339
77 614
Living cost
32 045
32 045
32 045
32 045
Free-cash
51 362
51 859
7 294
45 569

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽129270
₽126611
₽135310
₽106620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
151 000
microenterprise

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

-
-
-
1 510
total
-
-
-
1 510
Employee
17 726
-
151 000
-
income
3 545
-
30 200
-
total
3 545
-
30 200
-
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%.

133 274
151 000
-
-
total
-
-
-
-
Dividends
133 274
151 000
-
-
withholding
6 664
7 550
-
-
total
6 664
7 550
-
-
Income
151 000
151 000
151 000
151 000
Total tax
10 209
7 550
30 200
1 510
After tax
140 791
143 450
120 800
149 490
Living cost
14 180
14 180
14 180
14 180
Free-cash
126 611
129 270
106 620
135 310

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽77022
₽68621
₽48124
₽44123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
income
-
-
-
33 274
pensions
-
-
-
27 576
unemployment
-
-
-
227
health
-
-
-
14 858
total
-
-
-
75 935
Employee

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

44 416
-
130 656
-
health
2 869
-
8 442
-
income
7 660
-
30 716
-
pensions
6 885
-
20 252
-
unemployment
63
-
183
-
total
17 477
-
59 593
-
Employer

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

44 416
-
130 656
-
unemployment
27
-
78
-
pensions
3 930
-
11 562
-
health
2 958
-
8 703
-
total
6 915
-
20 343
-
Corporate
99 668
151 000
-
-
income
18 937
28 691
-
-
total
18 937
28 691
-
-
Dividends
80 731
122 309
-
-
withholding
12 109
18 346
-
-
total
12 109
18 346
-
-
Income
151 000
151 000
151 000
151 000
Total tax
55 438
47 037
79 936
75 935
After tax
95 562
103 963
71 064
75 065
Living cost
26 941
26 941
26 941
26 941
Free-cash
68 621
77 022
44 123
48 124

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48304
₽279
₽60789
₽94154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
29 433
social contributions
-
-
-
17 214
total
-
-
-
46 647
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
459
151 000
-
-
income
101
33 220
-
-
total
101
33 220
-
-
Dividends
358
117 780
-
-
income
79
25 912
-
-
total
79
25 912
-
-
Income
151 000
151 000
151 000
151 000
Total tax
107 157
59 132
13 282
46 647
After tax
43 843
91 868
137 718
104 353
Living cost
43 564
43 564
43 564
43 564
Free-cash
279
48 304
94 154
60 789

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54383
₽53370
₽50267
₽39576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
income
-
-
-
16 754
surtax
-
-
-
-
social contributions

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

-
-
-
52 473
total
-
-
-
69 227
Employee
46 196
-
122 020
-
social contributions
5 082
-
13 423
-
surtax
-
-
-
-
income
9 609
-
37 515
-
total
14 691
-
50 938
-
Employer
46 196
-
122 020
-
social contributions
10 972
-
28 980
-
total
10 972
-
28 980
-
Corporate
93 832
151 000
-
-
surtax
-
-
-
-
income
19 705
31 710
-
-
total
19 705
31 710
-
-
Dividends
74 127
119 290
-
-
withholding
20 756
33 401
-
-
total
20 756
33 401
-
-
Income
151 000
151 000
151 000
151 000
Total tax
66 124
65 111
79 918
69 227
After tax
84 876
85 889
71 082
81 773
Living cost
31 506
31 506
31 506
31 506
Free-cash
53 370
54 383
39 576
50 267

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽27591
₽34497
₽37000
₽37368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
21 533
pensions
-
-
-
29 396
other
-
-
-
4 681
health
-
-
-
5 575
surtax
-
-
-
-
social contributions
-
-
-
4 302
total
-
-
-
65 487
Employee
62 910
-
118 455
-
social contributions
1 792
-
3 374
-
surtax
-
-
-
-
income
5 489
-
21 620
-
pensions
7 115
-
7 579
-
total
14 396
-
32 573
-
Employer
62 910
-
118 455
-
other
2 171
-
4 339
-
social contributions
189
-
355
-
unemployment
2 548
-
4 798
-
pensions
10 337
-
12 874
-
health
4 403
-
10 180
-
total
19 648
-
32 546
-
Corporate
68 442
151 000
-
-
surtax
-
-
-
-
income
19 164
42 279
-
-
total
19 164
42 279
-
-
Dividends
49 278
108 721
-
-
surtax
-
-
-
-
social contributions
8 475
18 701
-
-
withholding
6 307
13 916
-
-
total
14 782
32 617
-
-
Income
151 000
151 000
151 000
151 000
Total tax
67 990
74 896
65 119
65 487
After tax
83 010
76 104
85 881
85 513
Living cost
48 513
48 513
48 513
48 513
Free-cash
34 497
27 591
37 368
37 000

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽105707
₽102333
₽81909
₽85920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
5 678
social contributions
-
-
-
33 220
total
-
-
-
38 898
Employee
32 292
-
130 736
-
income
-
-
6 124
-
social contributions
2 099
-
8 499
-
total
2 099
-
14 623
-
Employer
32 292
-
130 736
-
social contributions
5 005
-
20 264
-
total
5 005
-
20 264
-
Corporate
113 703
151 000
-
-
income
11 370
15 100
-
-
total
11 370
15 100
-
-
Dividends
102 333
135 900
-
-
total
-
-
-
-
Income
151 000
151 000
151 000
151 000
Total tax
18 474
15 100
34 887
38 898
After tax
132 526
135 900
116 113
112 102
Living cost
30 193
30 193
30 193
30 193
Free-cash
102 333
105 707
85 920
81 909

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67845
-₽67845
₽42181
-₽67845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
municipal
-
-
-
30 684
pensions
-
-
-
871
national
-
-
-
16 880
labour market
-
-
-
12 010
total
-
-
-
60 445
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
151 000
151 000
151 000
151 000
Total tax
170 471
170 471
170 471
60 445
After tax
-19 471
-19 471
-19 471
90 555
Living cost
48 374
48 374
48 374
48 374
Free-cash
-67 845
-67 845
-67 845
42 181

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽9488
₽8900
₽81597
₽59405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
accident
-
-
-
253
income
-
-
-
40 706
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 684
Employee
34 165
-
134 423
-
health
3 912
-
15 391
-
income
4 687
-
30 262
-
pensions
3 847
-
7 645
-
total
12 446
-
53 298
-
Employer
34 165
-
134 423
-
accident
570
-
2 245
-
unemployment
837
-
3 294
-
pensions
5 555
-
11 039
-
total
6 962
-
16 578
-
Corporate
109 872
151 000
-
-
income

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

98 885
135 900
-
-
total
98 885
135 900
-
-
Dividends
10 987
15 100
-
-
withholding
2 088
2 869
-
-
total
2 088
2 869
-
-
Income
151 000
151 000
151 000
151 000
Total tax
120 381
138 769
69 876
47 684
After tax
30 619
12 231
81 124
103 316
Living cost
21 719
21 719
21 719
21 719
Free-cash
8 900
-9 488
59 405
81 597

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽57666
₽59572
₽62600
₽42299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
151 000
municipal
-
-
-
26 836
health
-
-
-
1 906
national
-
-
-
21 095
total
-
-
-
49 837
Employee
52 845
-
127 029
-
health
395
-
1 536
-
municipal
8 656
-
20 702
-
pensions
3 566
-
8 574
-
unemployment
793
-
1 906
-
national
873
-
13 449
-
total
14 283
-
46 167
-
Employer
52 845
-
127 029
-
accident
53
-
128
-
unemployment
343
-
825
-
pensions
9 168
-
22 040
-
health
406
-
978
-
total
9 970
-
23 971
-
Corporate
88 184
151 000
-
-
income
17 637
30 200
-
-
total
17 637
30 200
-
-
Dividends

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

52 910
90 600
-
-
national
1 452
8 262
-
-
municipal
9 523
16 309
-
-
total
10 975
24 571
-
-
Income
151 000
151 000
151 000
151 000
Total tax
52 865
54 771
70 138
49 837
After tax
98 135
96 229
80 862
101 163
Living cost
38 563
38 563
38 563
38 563
Free-cash
59 572
57 666
42 299
62 600

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽86985
₽81518
₽81252
₽79852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
26 392
health
-
-
-
3 850
social contributions
-
-
-
16 251
total
-
-
-
46 493
Employee
77 236
77 236
139 767
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 377
-
income
8 410
7 150
25 637
-
total
11 929
14 873
36 660
-
Employer
77 236
77 236
139 767
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 587
-
total
3 570
7 840
11 233
-
Corporate
112 246
65 924
-
-
income
14 031
8 240
-
-
total
14 031
8 240
-
-
Dividends
98 215
57 684
-
-
withholding
16 697
9 807
-
-
total
16 697
9 807
-
-
Income
151 000
151 000
151 000
151 000
Total tax
46 227
40 760
47 893
46 493
After tax
104 773
110 240
103 107
104 507
Living cost
23 255
23 255
23 255
23 255
Free-cash
81 518
86 985
79 852
81 252

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽109095
₽103989
₽109850
₽89703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
151 000
income
-
-
-
15 150
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
25 203
Employee

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

23 055
-
141 184
-
health
1 959
-
8 101
-
income
1 576
-
12 659
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
35 533
-
Employer

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

23 055
-
141 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
125 572
151 000
-
-
income
11 301
13 591
-
-
total
11 301
13 591
-
-
Dividends
114 270
137 409
-
-
withholding
10 283
12 367
-
-
total
10 283
12 367
-
-
Income
151 000
151 000
151 000
151 000
Total tax
31 064
25 958
45 350
25 203
After tax
119 936
125 042
105 650
125 797
Living cost
15 947
15 947
15 947
15 947
Free-cash
103 989
109 095
89 703
109 850

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽73344
₽68737
₽57410
₽53196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
accident
-
-
-
839
income
-
-
-
38 039
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 969
Employee
37 140
-
121 320
-
other
36
-
93
-
income
7 160
-
34 591
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
40 503
-
Employer
37 140
-
121 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
102 019
151 000
-
-
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.

15 302
22 650
-
-
total
15 302
22 650
-
-
Dividends
86 717
128 350
-
-
withholding
17 982
27 385
-
-
total
17 982
27 385
-
-
Income
151 000
151 000
151 000
151 000
Total tax
54 642
50 035
70 183
65 969
After tax
96 358
100 965
80 817
85 031
Living cost
27 621
27 621
27 621
27 621
Free-cash
68 737
73 344
53 196
57 410

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91474
₽91023
₽93785
₽93589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
51 004
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
54 465
Employee
4 189
-
148 743
-
health
209
-
502
-
income
810
-
50 899
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
52 404
-
Employer
4 189
-
148 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
145 868
151 000
-
-
income
32 091
33 220
-
-
total
32 091
33 220
-
-
Dividends
113 777
117 780
-
-
withholding
22 755
23 556
-
-
total
22 755
23 556
-
-
Income
151 000
151 000
151 000
151 000
Total tax
57 227
56 776
54 661
54 465
After tax
93 773
94 224
96 339
96 535
Living cost
2 750
2 750
2 750
2 750
Free-cash
91 023
91 474
93 589
93 785

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽91727
₽86787
₽72019
₽72016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
income
-
-
-
33 554
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
61 611
Employee

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

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

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

26 193
-
137 713
-
health
1 349
-
3 823
-
income
3 610
-
33 555
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
48 327
-
Employer

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

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

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

26 193
-
137 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
120 119
151 000
-
-
income
18 018
22 650
-
-
total
18 018
22 650
-
-
Dividends
102 101
128 350
-
-
withholding
15 315
19 253
-
-
total
15 315
19 253
-
-
Income
151 000
151 000
151 000
151 000
Total tax
46 843
41 903
61 614
61 611
After tax
104 157
109 097
89 386
89 389
Living cost
17 370
17 370
17 370
17 370
Free-cash
86 787
91 727
72 016
72 019

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽58810
₽58448
₽54694
₽44003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
income
-
-
-
16 754
surtax
-
-
-
-
social contributions

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

-
-
-
52 473
total
-
-
-
69 227
Employee
38 984
-
122 020
-
social contributions
4 289
-
13 423
-
surtax
-
-
-
-
income
7 617
-
37 515
-
total
11 906
-
50 938
-
Employer
38 984
-
122 020
-
social contributions
9 258
-
28 980
-
total
9 258
-
28 980
-
Corporate
102 758
151 000
-
-
surtax
-
-
-
-
income
21 579
31 710
-
-
total
21 579
31 710
-
-
Dividends
81 179
119 290
-
-
withholding
22 730
33 401
-
-
total
22 730
33 401
-
-
Income
151 000
151 000
151 000
151 000
Total tax
65 473
65 111
79 918
69 227
After tax
85 527
85 889
71 082
81 773
Living cost
27 079
27 079
27 079
27 079
Free-cash
58 448
58 810
44 003
54 694

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽65665
₽58663
₽49731
₽45517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
accident
-
-
-
839
income
-
-
-
38 039
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
65 969
Employee
48 510
-
121 320
-
other
48
-
93
-
income
10 132
-
34 591
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
40 503
-
Employer
48 510
-
121 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
87 024
151 000
-
-
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.

13 053
22 650
-
-
total
13 053
22 650
-
-
Dividends
73 971
128 350
-
-
withholding
15 306
27 385
-
-
total
15 306
27 385
-
-
Income
151 000
151 000
151 000
151 000
Total tax
57 037
50 035
70 183
65 969
After tax
93 963
100 965
80 817
85 031
Living cost
35 300
35 300
35 300
35 300
Free-cash
58 663
65 665
45 517
49 731

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽111829
₽105710
₽101708
₽107349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
22 650
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
32 016
Employee
22 876
-
144 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 412
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 492
-
Employer
22 876
-
144 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
123 635
151 000
-
-
income
12 364
15 100
-
-
total
12 364
15 100
-
-
Dividends
111 271
135 900
-
-
withholding
5 563
6 795
-
-
total
5 563
6 795
-
-
Income
151 000
151 000
151 000
151 000
Total tax
28 014
21 895
26 375
32 016
After tax
122 986
129 105
124 625
118 984
Living cost
17 276
17 276
17 276
17 276
Free-cash
105 710
111 829
107 349
101 708

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽38974
₽52115
₽44183
₽59150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
trade
-
-
-
14 967
income

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

-
-
-
43 800
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 409
total
-
-
-
68 038
Employee

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

49 977
-
151 000
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
2 409
-
income

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

4 110
-
43 800
-
total
11 199
-
53 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 023
151 000
-
-
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.

833
1 247
-
-
income
15 154
22 650
-
-
trade
14 496
21 669
-
-
chamber of commerce
301
374
-
-
total
30 784
45 940
-
-
Dividends
70 240
105 061
-
-
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.

945
1 424
-
-
withholding
17 178
25 883
-
-
total
18 123
27 307
-
-
Income
151 000
151 000
151 000
151 000
Total tax
60 106
73 247
53 071
68 038
After tax
90 894
77 753
97 929
82 962
Living cost
38 779
38 779
38 779
38 779
Free-cash
52 115
38 974
59 150
44 183

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽48485
₽50700
₽25392
₽25392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
43 798
social contributions
-
-
-
24 593
total
-
-
-
68 391
Employee
78 569
-
151 000
-
income
14 826
-
43 798
-
social contributions
6 527
-
24 593
-
total
21 353
-
68 391
-
Employer
78 569
-
151 000
-
total
-
-
-
-
Corporate
72 431
151 000
-
-
income
9 054
18 874
-
-
total
9 054
18 874
-
-
Dividends
63 377
132 126
-
-
withholding
12 676
26 424
-
-
total
12 676
26 424
-
-
Income
151 000
151 000
151 000
151 000
Total tax
43 083
45 298
68 391
68 391
After tax
107 917
105 702
82 609
82 609
Living cost
57 217
57 217
57 217
57 217
Free-cash
50 700
48 485
25 392
25 392

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56381
₽59891
₽79217
₽72485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
146 380
-
income
5 000
-
32 814
-
social contributions
4 617
-
4 620
-
total
9 617
-
37 434
-
Employer
46 078
-
146 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
100 306
151 000
-
-
income
35 107
52 851
-
-
total
35 107
52 851
-
-
Dividends
65 199
98 149
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
151 000
151 000
151 000
151 000
Total tax
54 648
58 158
42 054
35 322
After tax
96 352
92 842
108 946
115 678
Living cost
36 461
36 461
36 461
36 461
Free-cash
59 891
56 381
72 485
79 217

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽64350
₽70210
₽64797
₽50986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
income
-
-
-
40 423
pensions
-
-
-
8 512
total
-
-
-
48 935
Employee
51 155
-
132 145
-
health
667
-
2 016
-
income
9 316
-
31 218
-
pensions
3 904
-
10 657
-
total
13 887
-
43 891
-
Employer
51 155
-
132 145
-
pensions
5 168
-
16 345
-
health
972
-
2 510
-
total
6 140
-
18 855
-
Corporate
93 704
151 000
-
-
income

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

17 803
28 690
-
-
total
17 803
28 690
-
-
Dividends
75 901
122 310
-
-
withholding
5 692
20 692
-
-
total
5 692
20 692
-
-
Income
151 000
151 000
151 000
151 000
Total tax
43 522
49 382
62 746
48 935
After tax
107 478
101 618
88 254
102 065
Living cost
37 268
37 268
37 268
37 268
Free-cash
70 210
64 350
50 986
64 797

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11638
₽8569
₽79447
₽57255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
accident
-
-
-
253
income
-
-
-
40 706
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 684
Employee
37 547
-
134 423
-
health
4 299
-
15 391
-
income
5 151
-
30 262
-
pensions
4 228
-
7 645
-
total
13 678
-
53 298
-
Employer
37 547
-
134 423
-
accident
627
-
2 245
-
unemployment
920
-
3 294
-
pensions
6 105
-
11 039
-
total
7 652
-
16 578
-
Corporate
105 802
151 000
-
-
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.

95 222
135 900
-
-
total
95 222
135 900
-
-
Dividends
10 580
15 100
-
-
withholding
2 010
2 869
-
-
total
2 010
2 869
-
-
Income
151 000
151 000
151 000
151 000
Total tax
118 562
138 769
69 876
47 684
After tax
32 438
12 231
81 124
103 316
Living cost
23 869
23 869
23 869
23 869
Free-cash
8 569
-11 638
57 255
79 447

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽113500
₽108801
₽71405
₽90844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 000
work injury
-
-
-
755
health insurance
-
-
-
11 174
income
-
-
-
24 504
pensions
-
-
-
27 784
unemployment
-
-
-
1 812
total
-
-
-
66 029
Employee

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

21 706
-
151 000
-
work injury
109
-
402
-
income
2 171
-
24 504
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
46 590
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 294
151 000
-
-
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%.

1 293
1 510
-
-
total
1 293
1 510
-
-
Dividends
128 001
149 490
-
-
withholding
19 200
22 424
-
-
total
19 200
22 424
-
-
Income
151 000
151 000
151 000
151 000
Total tax
28 633
23 934
46 590
66 029
After tax
122 367
127 066
104 410
84 971
Living cost
13 566
13 566
13 566
13 566
Free-cash
108 801
113 500
90 844
71 405

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽39522
₽34955
₽31882
₽25143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 000
municipal
-
-
-
1 010
regional
-
-
-
3 430
national
-
-
-
35 827
social contributions
-
-
-
38 837
total
-
-
-
79 104
Employee
84 640
-
151 000
-
social contributions
28 540
-
50 918
-
regional
1 278
-
3 007
-
municipal
505
-
902
-
national
14 303
-
31 016
-
total
44 626
-
85 843
-
Employer
84 640
-
151 000
-
total
-
-
-
-
Corporate
66 360
151 000
-
-
nationa
15 926
36 241
-
-
municipal
3 198
7 278
-
-
total
19 124
43 519
-
-
Dividends
47 236
107 482
-
-
withholding
12 281
27 945
-
-
total
12 281
27 945
-
-
Income
151 000
151 000
151 000
151 000
Total tax
76 031
71 464
85 843
79 104
After tax
74 969
79 536
65 157
71 896
Living cost
40 014
40 014
40 014
40 014
Free-cash
34 955
39 522
25 143
31 882

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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