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
₽ 151500
per

Your estimated
City
free-cash

Dresden , Germany
₽58143
₽47620
₽68660
₽51766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
trade
-
-
-
16 894
income

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

-
-
-
45 046
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.

-
-
-
6 500
surtax

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

-
-
-
2 477
total
-
-
-
70 917
Employee

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

36 389
-
151 500
-
surtax

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

56
-
2 477
-
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.

6 500
-
6 500
-
income

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

1 016
-
45 046
-
total
7 572
-
54 023
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 111
151 500
-
-
trade
18 130
23 861
-
-
income
17 267
22 725
-
-
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.

950
1 249
-
-
chamber of commerce
311
363
-
-
total
36 658
48 198
-
-
Dividends
78 453
103 301
-
-
withholding
19 252
25 464
-
-
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.

1 058
1 401
-
-
total
20 310
26 865
-
-
Income
151 500
151 500
151 500
151 500
Total tax
64 540
75 063
54 023
70 917
After tax
86 960
76 437
97 477
80 583
Living cost
28 817
28 817
28 817
28 817
Free-cash
58 143
47 620
68 660
51 766

Estimated living cost  is ₽28817 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44976
₽45787
₽42138
₽40950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
1 629
pensions
-
-
-
18 180
municipal
-
-
-
16 470
national
-
-
-
25 522
total
-
-
-
61 801
Employee
75 570
-
130 970
-
national
14 464
-
26 431
-
municipal
9 334
-
17 057
-
pensions
3 023
-
5 239
-
total
26 821
-
48 727
-
Employer
75 570
-
130 970
-
pensions
6 046
-
10 478
-
social contributions
812
-
1 408
-
total
6 858
-
11 886
-
Corporate
64 085
151 500
-
-
income

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

12 817
30 300
-
-
total
12 817
30 300
-
-
Dividends
51 268
121 200
-
-
withholding
11 279
26 664
-
-
total
11 279
26 664
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 775
56 964
60 613
61 801
After tax
93 725
94 536
90 887
89 699
Living cost
48 749
48 749
48 749
48 749
Free-cash
44 976
45 787
42 138
40 950

Estimated living cost  is ₽48749 per week

₽33134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽730
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93603
₽101408
₽71427
₽31104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
social contributions

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

-
-
-
36 452
income
-
-
-
25 518
microenterprise
-
-
-
-
surtax
-
-
-
38 633
total
-
-
-
100 603
Employee
27 800
-
110 447
-
surtax
-
-
-
-
social contributions

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

3 058
-
12 149
-
income
4 949
-
21 524
-
total
8 007
-
33 673
-
Employer
27 800
-
110 447
-
social contributions

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

6 696
-
26 607
-
surtax
-
-
-
-
total
6 696
-
26 607
-
Corporate
117 003
151 500
-
-
income

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

23 401
30 299
-
-
total
23 401
30 299
-
-
Dividends

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

93 603
121 201
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
38 104
30 299
60 280
100 603
After tax
113 396
121 201
91 220
50 897
Living cost
19 793
19 793
19 793
19 793
Free-cash
93 603
101 408
71 427
31 104

Estimated living cost  is ₽19793 per week

₽12627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29083
₽34910
₽53052
₽44905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
43 861
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
66 740
Employee
81 246
81 246
133 819
-
health
12 470
10 607
11 732
-
pensions
14 624
11 147
11 147
-
income

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

13 299
13 299
18 033
-
total
40 393
35 053
40 912
-
Employer
81 246
81 246
133 819
-
pensions
5 655
5 655
7 029
-
unemployment
2 925
2 925
3 634
-
health
5 647
5 647
7 018
-
total
14 227
14 227
17 681
-
Corporate
57 024
56 027
-
-
income
11 405
11 205
-
-
total
11 405
11 205
-
-
Dividends
45 619
44 823
-
-
withholding
6 843
6 724
-
-
income
9 694
9 526
-
-
total
16 537
16 250
-
-
Income
151 500
151 500
151 500
151 500
Total tax
82 562
76 735
58 593
66 740
After tax
68 938
74 765
92 907
84 760
Living cost
39 855
39 855
39 855
39 855
Free-cash
29 083
34 910
53 052
44 905

Estimated living cost  is ₽39855 per week

₽28245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42580
₽43463
₽38932
₽39884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
9 997
unemployment
-
-
-
86
pensions
-
-
-
9 300
municipal
-
-
-
37 745
accident
-
-
-
172
national
-
-
-
9 692
health
-
-
-
5 368
total
-
-
-
72 360
Employee
55 936
-
124 468
-
national
-
-
9 165
-
municipal
16 680
-
37 116
-
total
16 680
-
46 281
-
Employer
55 936
-
124 468
-
other
6 500
-
9 997
-
accident
112
-
172
-
pensions
6 047
-
9 300
-
unemployment
1 477
-
2 271
-
health
3 440
-
5 291
-
total
17 576
-
27 031
-
Corporate
77 989
151 500
-
-
income
17 158
33 330
-
-
total
17 158
33 330
-
-
Dividends
60 832
118 170
-
-
withholding
18 250
35 451
-
-
total
18 250
35 451
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 664
68 781
73 312
72 360
After tax
81 836
82 719
78 188
79 140
Living cost
39 256
39 256
39 256
39 256
Free-cash
42 580
43 463
38 932
39 884

Estimated living cost  is ₽39256 per week

₽26017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51653
₽38283
₽60102
₽42457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
trade
-
-
-
17 645
income

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

-
-
-
45 046
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.

-
-
-
6 500
surtax

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

-
-
-
2 477
total
-
-
-
71 668
Employee

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

48 247
-
151 500
-
surtax

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

227
-
2 477
-
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.

6 500
-
6 500
-
income

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

4 145
-
45 046
-
total
10 872
-
54 023
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 253
151 500
-
-
trade
16 986
24 923
-
-
income
15 487
22 725
-
-
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.

852
1 249
-
-
chamber of commerce
291
359
-
-
total
33 616
49 256
-
-
Dividends
69 637
102 243
-
-
withholding
17 047
25 199
-
-
surtax

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

937
1 387
-
-
total
17 984
26 586
-
-
Income
151 500
151 500
151 500
151 500
Total tax
62 472
75 842
54 023
71 668
After tax
89 028
75 658
97 477
79 832
Living cost
37 375
37 375
37 375
37 375
Free-cash
51 653
38 283
60 102
42 457

Estimated living cost  is ₽37375 per week

₽24997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3941
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75767
₽79713
₽72119
₽73497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
15 393
income
-
-
-
27 887
health
-
-
-
3 864
total
-
-
-
47 144
Employee
73 158
73 158
140 707
-
health
728
1 244
2 392
-
social contributions
3 555
6 072
8 190
-
income
7 682
6 772
27 147
-
total
11 965
14 088
37 729
-
Employer
73 158
73 158
140 707
-
social contributions
3 555
6 072
8 190
-
health
793
1 354
2 603
-
total
4 348
7 426
10 793
-
Corporate
104 329
70 916
-
-
income
13 041
8 865
-
-
total
13 041
8 865
-
-
Dividends
91 288
62 051
-
-
withholding
15 520
10 549
-
-
total
15 520
10 549
-
-
Income
151 500
151 500
151 500
151 500
Total tax
44 874
40 928
48 522
47 144
After tax
106 626
110 572
102 978
104 356
Living cost
30 859
30 859
30 859
30 859
Free-cash
75 767
79 713
72 119
73 497

Estimated living cost  is ₽30859 per week

₽21095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68018
₽67655
₽70336
₽87462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
2 273
income
-
-
-
18 521
pensions
-
-
-
15 150
health
-
-
-
10 605
total
-
-
-
46 549
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.

25 246
10 047
126 778
-
unemployment
379
151
1 902
-
health
1 767
703
8 874
-
pensions
2 525
1 005
12 678
-
income
3 086
1 228
15 499
-
total
7 757
3 087
38 953
-
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.

25 246
10 047
126 778
-
pensions
4 923
1 959
24 722
-
total
4 923
1 959
24 722
-
Corporate
121 331
139 493
-
-
income
10 920
12 554
-
-
total
10 920
12 554
-
-
Dividends
110 412
126 939
-
-
withholding
20 978
24 118
-
-
social contributions
21 415
24 638
-
-
total
42 393
48 756
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 993
66 356
63 675
46 549
After tax
85 507
85 144
87 825
104 951
Living cost
17 489
17 489
17 489
17 489
Free-cash
68 018
67 655
70 336
87 462

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
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.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92309
₽98221
₽64343
₽58224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
20 301
pensions
-
-
-
30 299
health
-
-
-
19 696
total
-
-
-
70 296
Employee
26 990
-
113 228
-
unemployment
432
-
1 811
-
pensions
540
-
2 264
-
income
3 039
-
21 830
-
total
4 011
-
25 905
-
Employer
26 990
-
113 228
-
pensions
5 398
-
22 646
-
unemployment
217
-
906
-
health
3 508
-
14 720
-
total
9 123
-
38 272
-
Corporate
115 387
151 500
-
-
income
23 077
30 299
-
-
total
23 077
30 299
-
-
Dividends
92 310
121 201
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
36 211
30 299
64 177
70 296
After tax
115 289
121 201
87 323
81 204
Living cost
22 980
22 980
22 980
22 980
Free-cash
92 309
98 221
64 343
58 224

Estimated living cost  is ₽22980 per week

₽15762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8983
-₽9169
₽60143
₽82199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
361
income
-
-
-
41 074
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
47 861
Employee
33 727
-
135 193
-
health
3 862
-
15 480
-
pensions
3 798
-
7 435
-
income
4 627
-
30 695
-
total
12 287
-
53 610
-
Employer
33 727
-
135 193
-
accident
563
-
2 258
-
pensions
5 484
-
10 737
-
unemployment
826
-
3 312
-
total
6 873
-
16 307
-
Corporate
110 900
151 500
-
-
income

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

99 810
136 350
-
-
total
99 810
136 350
-
-
Dividends
11 090
15 150
-
-
withholding
2 107
2 879
-
-
total
2 107
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
121 077
139 229
69 917
47 861
After tax
30 423
12 271
81 583
103 639
Living cost
21 440
21 440
21 440
21 440
Free-cash
8 983
-9 169
60 143
82 199

Estimated living cost  is ₽21440 per week

₽15714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134694
₽136151
₽113426
₽142211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
151 500
microenterprise

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

-
-
-
1 515
total
-
-
-
1 515
Employee
9 718
-
151 500
-
income
1 943
-
30 300
-
total
1 943
-
30 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

141 782
151 500
-
-
total
-
-
-
-
Dividends
141 782
151 500
-
-
withholding
7 089
7 575
-
-
total
7 089
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 032
7 575
30 300
1 515
After tax
142 468
143 925
121 200
149 985
Living cost
7 774
7 774
7 774
7 774
Free-cash
134 694
136 151
113 426
142 211

Estimated living cost  is ₽7774 per week

₽4818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79529
₽85956
₽60896
₽56329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
6 872
income
-
-
-
21 859
pensions

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

-
-
-
34 723
health
-
-
-
6 366
total
-
-
-
69 820
Employee
34 544
-
121 006
-
unemployment
345
-
1 210
-
health
484
-
1 694
-
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.

2 418
-
8 471
-
income
5 947
-
23 383
-
total
9 194
-
34 758
-
Employer
34 544
-
121 006
-
other
1 728
-
6 052
-
accident
276
-
968
-
pensions

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

5 873
-
20 571
-
unemployment
345
-
1 210
-
health
484
-
1 694
-
total
8 706
-
30 495
-
Corporate
108 250
151 500
-
-
income
22 733
31 816
-
-
total
22 733
31 816
-
-
Dividends
85 517
119 684
-
-
withholding
5 987
8 377
-
-
total
5 987
8 377
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 620
40 193
65 253
69 820
After tax
104 880
111 307
86 247
81 680
Living cost
25 351
25 351
25 351
25 351
Free-cash
79 529
85 956
60 896
56 329

Estimated living cost  is ₽25351 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
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.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38255
₽38133
₽25220
₽39002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
41 926
pensions
-
-
-
8 140
total
-
-
-
50 066
Employee
88 332
-
132 465
-
health
1 456
-
1 970
-
pensions
8 522
-
10 107
-
income
15 923
-
32 736
-
total
25 901
-
44 813
-
Employer
88 332
-
132 465
-
pensions
10 430
-
16 519
-
health
1 678
-
2 516
-
total
12 108
-
19 035
-
Corporate
51 061
151 500
-
-
income

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

9 702
28 784
-
-
total
9 702
28 784
-
-
Dividends
41 359
122 716
-
-
withholding
3 102
22 151
-
-
total
3 102
22 151
-
-
Income
151 500
151 500
151 500
151 500
Total tax
50 813
50 935
63 848
50 066
After tax
100 687
100 565
87 652
101 434
Living cost
62 432
62 432
62 432
62 432
Free-cash
38 255
38 133
25 220
39 002

Estimated living cost  is ₽62432 per week

₽46782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112630
₽117052
₽113181
₽107416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
133
income
-
-
-
22 725
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
31 603
Employee
16 527
-
144 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
health
760
-
1 530
-
pensions

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

1 451
-
2 920
-
income
1 652
-
14 498
-
total
4 045
-
19 314
-
Employer
16 527
-
144 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 821
-
3 664
-
unemployment
99
-
200
-
health
1 141
-
2 294
-
total
3 243
-
6 524
-
Corporate
131 730
151 500
-
-
income
13 173
15 150
-
-
total
13 173
15 150
-
-
Dividends
118 557
136 350
-
-
withholding
5 928
6 817
-
-
total
5 928
6 817
-
-
Income
151 500
151 500
151 500
151 500
Total tax
26 389
21 967
25 838
31 603
After tax
125 111
129 533
125 662
119 897
Living cost
12 481
12 481
12 481
12 481
Free-cash
112 630
117 052
113 181
107 416

Estimated living cost  is ₽12481 per week

₽7287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24402
₽22008
₽40150
₽32003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
43 861
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
66 740
Employee
88 207
81 246
133 819
-
health
11 004
10 607
11 732
-
pensions
11 147
11 147
11 147
-
income

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

13 299
13 299
18 033
-
total
35 450
35 053
40 912
-
Employer
88 207
81 246
133 819
-
pensions
6 139
5 655
7 029
-
unemployment
3 176
2 925
3 634
-
health
6 130
5 647
7 018
-
total
15 445
14 227
17 681
-
Corporate
47 849
56 027
-
-
income
9 571
11 205
-
-
total
9 571
11 205
-
-
Dividends
38 279
44 823
-
-
withholding
5 741
6 724
-
-
income
8 134
9 526
-
-
total
13 875
16 250
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 341
76 735
58 593
66 740
After tax
77 159
74 765
92 907
84 760
Living cost
52 757
52 757
52 757
52 757
Free-cash
24 402
22 008
40 150
32 003

Estimated living cost  is ₽52757 per week

₽38917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72336
₽80743
₽53316
₽59003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
33 909
income
-
-
-
14 571
health
-
-
-
20 452
solidarity contribution
-
-
-
-
total
-
-
-
68 932
Employee
34 654
-
113 060
-
solidarity contribution
-
-
-
-
health
4 678
-
15 263
-
social contributions
2 253
-
7 349
-
income
4 158
-
13 567
-
total
11 089
-
36 179
-
Employer
34 654
-
113 060
-
social contributions
8 664
-
28 265
-
health
3 119
-
10 175
-
total
11 783
-
38 440
-
Corporate
105 064
151 500
-
-
income
19 962
28 785
-
-
total
19 962
28 785
-
-
Dividends
85 102
122 715
-
-
withholding
12 765
18 407
-
-
total
12 765
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 599
47 192
74 619
68 932
After tax
95 901
104 308
76 881
82 568
Living cost
23 565
23 565
23 565
23 565
Free-cash
72 336
80 743
53 316
59 003

Estimated living cost  is ₽23565 per week

₽16368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1676
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.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35717
₽40685
₽26357
₽33201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
regional
-
-
-
1 772
social contributions
-
-
-
38 965
municipal
-
-
-
901
national
-
-
-
36 515
total
-
-
-
78 153
Employee
84 555
-
151 500
-
national
14 651
-
31 547
-
regional
798
-
1 562
-
municipal
448
-
803
-
social contributions
28 512
-
51 085
-
total
44 409
-
84 997
-
Employer
84 555
-
151 500
-
total
-
-
-
-
Corporate
66 945
151 500
-
-
nationa
16 067
36 360
-
-
municipal
2 611
5 909
-
-
total
18 678
42 269
-
-
Dividends
48 268
109 231
-
-
withholding
12 550
28 400
-
-
total
12 550
28 400
-
-
Income
151 500
151 500
151 500
151 500
Total tax
75 637
70 669
84 997
78 153
After tax
75 863
80 831
66 503
73 347
Living cost
40 146
40 146
40 146
40 146
Free-cash
35 717
40 685
26 357
33 201

Estimated living cost  is ₽40146 per week

₽27985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71337
₽74300
₽45221
₽50902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
39 233
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
5 743
total
-
-
-
79 604
Employee
31 462
-
125 155
-
surtax
103
-
4 846
-
unemployment
2 190
-
8 711
-
other
-
-
-
-
health
803
-
3 190
-
pensions
2 098
-
8 348
-
income
5 274
-
33 847
-
total
10 468
-
58 942
-
Employer
31 462
-
125 155
-
other
-
-
-
-
pensions
4 194
-
16 682
-
unemployment
997
-
3 967
-
health
1 432
-
5 694
-
total
6 623
-
26 343
-
Corporate
113 415
151 500
-
-
income
29 489
39 390
-
-
total
29 489
39 390
-
-
Dividends
83 927
112 110
-
-
withholding
12 589
16 816
-
-
total
12 589
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 169
56 206
85 285
79 604
After tax
92 331
95 294
66 215
71 896
Living cost
20 994
20 994
20 994
20 994
Free-cash
71 337
74 300
45 221
50 902

Estimated living cost  is ₽20994 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
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.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63513
₽57913
₽45000
₽58782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
41 926
pensions
-
-
-
8 140
total
-
-
-
50 066
Employee
59 198
-
132 465
-
health
859
-
1 970
-
pensions
5 025
-
10 107
-
income
10 662
-
32 736
-
total
16 546
-
44 813
-
Employer
59 198
-
132 465
-
pensions
6 408
-
16 519
-
health
1 125
-
2 516
-
total
7 533
-
19 035
-
Corporate
84 769
151 500
-
-
income

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

16 106
28 784
-
-
total
16 106
28 784
-
-
Dividends
68 663
122 716
-
-
withholding
5 150
22 151
-
-
total
5 150
22 151
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 335
50 935
63 848
50 066
After tax
106 165
100 565
87 652
101 434
Living cost
42 652
42 652
42 652
42 652
Free-cash
63 513
57 913
45 000
58 782

Estimated living cost  is ₽42652 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26122
-₽6148
₽40960
₽48320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other

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

-
-
-
3 030
city
-
-
-
1 596
regional
-
-
-
6 912
pensions
-
-
-
13 938
national
-
-
-
1 938
health
-
-
-
341
total
-
-
-
27 755
Employee
88 267
-
135 601
-
national
418
-
1 587
-
unemployment
-
-
-
-
city
947
-
1 457
-
regional
2 890
-
5 969
-
health
200
-
304
-
pensions
7 416
-
11 391
-
total
11 871
-
20 708
-
Employer
88 267
-
135 601
-
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.

1 765
-
2 712
-
pensions
7 416
-
11 391
-
unemployment
-
-
-
-
health
200
-
304
-
total
9 381
-
14 407
-
Corporate
52 883
151 500
-
-
regional
11 185
32 043
-
-
national
4 494
12 877
-
-
total
15 679
44 920
-
-
Dividends
37 203
106 580
-
-
withholding
13 022
37 303
-
-
total
13 022
37 303
-
-
Income
151 500
151 500
151 500
151 500
Total tax
49 953
82 223
35 115
27 755
After tax
101 547
69 277
116 385
123 745
Living cost
75 425
75 425
75 425
75 425
Free-cash
26 122
-6 148
40 960
48 320

Estimated living cost  is ₽75425 per week

₽49048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽926
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46723
₽31296
₽53893
₽35497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
trade
-
-
-
18 396
income

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

-
-
-
45 046
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.

-
-
-
6 500
surtax

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

-
-
-
2 477
total
-
-
-
72 419
Employee

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

57 177
-
151 500
-
surtax

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

370
-
2 477
-
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.

6 500
-
6 500
-
income

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

6 724
-
45 046
-
total
13 594
-
54 023
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 323
151 500
-
-
trade
16 177
25 982
-
-
income
14 148
22 725
-
-
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.

778
1 249
-
-
chamber of commerce
278
357
-
-
total
31 381
50 313
-
-
Dividends
62 942
101 185
-
-
withholding
15 373
24 935
-
-
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.

845
1 372
-
-
total
16 218
26 307
-
-
Income
151 500
151 500
151 500
151 500
Total tax
61 193
76 620
54 023
72 419
After tax
90 307
74 880
97 477
79 081
Living cost
43 584
43 584
43 584
43 584
Free-cash
46 723
31 296
53 893
35 497

Estimated living cost  is ₽43584 per week

₽31832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49423
₽43807
₽52500
₽53084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
4 696
social contributions
-
-
-
4 317
income
-
-
-
22 400
pensions
-
-
-
28 548
health
-
-
-
5 904
surtax
-
-
-
-
total
-
-
-
65 865
Employee
40 718
-
118 289
-
surtax
-
-
-
-
pensions
4 604
-
7 792
-
social contributions
1 161
-
3 371
-
income
2 403
-
22 078
-
total
8 168
-
33 241
-
Employer
40 718
-
118 289
-
other
1 405
-
4 430
-
pensions
6 689
-
13 199
-
unemployment
1 648
-
4 790
-
social contributions
123
-
356
-
health
2 851
-
10 433
-
total
12 716
-
33 208
-
Corporate
98 066
151 500
-
-
income
27 459
42 419
-
-
surtax
-
-
-
-
total
27 459
42 419
-
-
Dividends
70 606
109 081
-
-
withholding
9 038
13 962
-
-
social contributions
12 145
18 761
-
-
surtax
-
-
-
-
total
21 183
32 723
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 526
75 142
66 449
65 865
After tax
81 974
76 358
85 051
85 635
Living cost
32 551
32 551
32 551
32 551
Free-cash
49 423
43 807
52 500
53 084

Estimated living cost  is ₽32551 per week

₽20524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52317
₽47032
₽55725
₽56309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
4 696
social contributions
-
-
-
4 317
income
-
-
-
22 400
pensions
-
-
-
28 548
health
-
-
-
5 904
surtax
-
-
-
-
total
-
-
-
65 865
Employee
36 347
-
118 289
-
surtax
-
-
-
-
pensions
4 111
-
7 792
-
social contributions
1 036
-
3 371
-
income
1 874
-
22 078
-
total
7 021
-
33 241
-
Employer
36 347
-
118 289
-
other
1 255
-
4 430
-
pensions
5 972
-
13 199
-
unemployment
1 471
-
4 790
-
social contributions
108
-
356
-
health
2 544
-
10 433
-
total
11 350
-
33 208
-
Corporate
103 802
151 500
-
-
income
29 064
42 419
-
-
surtax
-
-
-
-
total
29 064
42 419
-
-
Dividends
74 738
109 081
-
-
withholding
9 567
13 962
-
-
social contributions
12 855
18 761
-
-
surtax
-
-
-
-
total
22 422
32 723
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 857
75 142
66 449
65 865
After tax
81 643
76 358
85 051
85 635
Living cost
29 326
29 326
29 326
29 326
Free-cash
52 317
47 032
55 725
56 309

Estimated living cost  is ₽29326 per week

₽17007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72751
₽72254
₽74466
₽77119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
20 907
income
-
-
-
22 725
health
-
-
-
10 575
total
-
-
-
54 207
Employee
32 258
-
151 500
-
health
2 251
-
10 575
-
social contributions
4 452
-
20 907
-
income
5 380
-
25 378
-
total
12 083
-
56 860
-
Employer
32 258
-
151 500
-
total
-
-
-
-
Corporate
119 242
151 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

5 962
7 576
-
-
total
5 962
7 576
-
-
Dividends
113 280
143 924
-
-
health
7 906
10 046
-
-
withholding
16 991
21 588
-
-
social contributions
15 633
19 862
-
-
total
40 530
51 496
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 575
59 072
56 860
54 207
After tax
92 925
92 428
94 640
97 293
Living cost
20 174
20 174
20 174
20 174
Free-cash
72 751
72 254
74 466
77 119

Estimated living cost  is ₽20174 per week

₽13501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48983
₽50454
₽6271
₽44189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
chamber of commerce
-
-
-
607
unemployment
-
-
-
5 835
income
-
-
-
38 093
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
188
total
-
-
-
73 787
Employee
47 547
37 915
118 769
-
unemployment
1 426
1 137
3 335
-
other
475
379
1 112
-
health
1 840
1 468
4 301
-
pensions
4 869
3 882
11 382
-
income
5 413
2 797
30 054
-
total
14 023
9 663
50 184
-
Employer
47 547
37 915
118 769
-
payroll
1 426
1 137
3 562
-
other
2 259
1 800
5 577
-
accident
617
493
1 444
-
pensions
5 967
4 759
13 949
-
unemployment
1 426
1 137
3 335
-
chamber of commerce
190
152
475
-
surtax
188
188
188
-
health
1 796
1 434
4 201
-
total
13 869
11 100
32 731
-
Corporate
90 084
102 485
115 158
-
income

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

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

22 521
25 621
28 790
-
total
22 521
25 621
28 790
-
Dividends
67 562
76 864
-
-
withholding
18 580
21 138
-
-
total
18 580
21 138
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 993
67 522
111 705
73 787
After tax
82 507
83 978
39 795
77 713
Living cost
33 524
33 524
33 524
33 524
Free-cash
48 983
50 454
6 271
44 189

Estimated living cost  is ₽33524 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35803
₽50074
₽19549
₽30968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
23 540
national
-
-
-
54 626
communal

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

-
-
-
7 677
total
-
-
-
85 843
Employee

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

68 054
-
117 343
-
national
20 923
-
41 650
-
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.

592
-
1 020
-
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.

3 197
-
5 514
-
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.

5 104
-
8 800
-
communal

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

3 550
-
6 121
-
total
33 366
-
63 105
-
Employer

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

68 054
-
117 343
-
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.

885
-
1 526
-
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.

6 030
-
10 396
-
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.

993
-
1 713
-
surtax
7 717
-
13 306
-
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.

4 185
-
7 216
-
total
19 810
-
34 157
-
Corporate
63 636
151 500
-
-
income
12 727
30 299
-
-
surtax
255
607
-
-
total
12 982
30 906
-
-
Dividends
50 655
120 594
-
-
withholding

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

14 850
35 831
-
-
total
14 850
35 831
-
-
Income
151 500
151 500
151 500
151 500
Total tax
81 008
66 737
97 262
85 843
After tax
70 492
84 763
54 238
65 657
Living cost
34 689
34 689
34 689
34 689
Free-cash
35 803
50 074
19 549
30 968

Estimated living cost  is ₽34689 per week

₽22344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60010
₽66820
₽46850
₽50843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
39 844
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
66 298
Employee
47 358
-
123 387
-
unemployment
735
-
1 367
-
other
47
-
88
-
pensions
2 226
-
4 145
-
income
9 992
-
36 578
-
total
13 000
-
42 178
-
Employer
47 358
-
123 387
-
other
377
-
706
-
accident
937
-
1 746
-
pensions
11 176
-
20 812
-
unemployment
2 605
-
4 849
-
total
15 095
-
28 113
-
Corporate
89 046
151 500
-
-
income

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

13 357
22 725
-
-
total
13 357
22 725
-
-
Dividends
75 689
128 775
-
-
withholding
15 679
27 596
-
-
total
15 679
27 596
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 131
50 321
70 291
66 298
After tax
94 369
101 179
81 209
85 202
Living cost
34 359
34 359
34 359
34 359
Free-cash
60 010
66 820
46 850
50 843

Estimated living cost  is ₽34359 per week

₽25302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26490
₽37880
₽31040
₽25002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
23 082
pensions
-
-
-
22 707
accident
-
-
-
1 276
communal
-
-
-
9 574
health
-
-
-
10 645
surtax
-
-
-
7 511
total
-
-
-
74 795
Employee
72 049
-
135 328
-
surtax
4 416
-
8 294
-
health
3 206
-
6 021
-
pensions
5 763
-
10 826
-
income
6 959
-
27 444
-
total
20 344
-
52 585
-
Employer
72 049
-
135 328
-
accident
648
-
1 219
-
pensions
5 763
-
10 826
-
health
2 197
-
4 127
-
total
8 608
-
16 172
-
Corporate
70 843
151 500
-
-
income
10 627
22 725
-
-
communal
4 783
10 226
-
-
surtax
744
1 591
-
-
total
16 154
34 542
-
-
Dividends
54 689
116 958
-
-
withholding
8 204
17 544
-
-
income
19 997
9 831
-
-
total
28 201
27 375
-
-
Income
151 500
151 500
151 500
151 500
Total tax
73 307
61 917
68 757
74 795
After tax
78 193
89 583
82 743
76 705
Living cost
51 703
51 703
51 703
51 703
Free-cash
26 490
37 880
31 040
25 002

Estimated living cost  is ₽51703 per week

₽38785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
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.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70896
₽73924
₽44845
₽50526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
39 233
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
5 743
total
-
-
-
79 604
Employee
32 040
-
125 155
-
surtax
114
-
4 846
-
unemployment
2 230
-
8 711
-
other
-
-
-
-
health
818
-
3 190
-
pensions
2 138
-
8 348
-
income
5 371
-
33 847
-
total
10 671
-
58 942
-
Employer
32 040
-
125 155
-
other
-
-
-
-
pensions
4 272
-
16 682
-
unemployment
1 016
-
3 967
-
health
1 457
-
5 694
-
total
6 745
-
26 343
-
Corporate
112 715
151 500
-
-
income
29 306
39 390
-
-
total
29 306
39 390
-
-
Dividends
83 409
112 110
-
-
withholding
12 512
16 816
-
-
total
12 512
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 234
56 206
85 285
79 604
After tax
92 266
95 294
66 215
71 896
Living cost
21 370
21 370
21 370
21 370
Free-cash
70 896
73 924
44 845
50 526

Estimated living cost  is ₽21370 per week

₽12902
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.
₽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.
₽6115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51892
₽54003
₽40397
₽47205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
regional
-
-
-
2 285
social contributions
-
-
-
38 965
municipal
-
-
-
901
national
-
-
-
36 515
total
-
-
-
78 666
Employee
52 776
-
151 500
-
national
8 361
-
31 547
-
regional
710
-
2 039
-
municipal
280
-
803
-
social contributions
17 796
-
51 085
-
total
27 147
-
85 474
-
Employer
52 776
-
151 500
-
total
-
-
-
-
Corporate
98 724
151 500
-
-
nationa
23 693
36 360
-
-
municipal
4 907
7 529
-
-
total
28 600
43 889
-
-
Dividends
70 124
107 611
-
-
withholding
18 232
27 979
-
-
total
18 232
27 979
-
-
Income
151 500
151 500
151 500
151 500
Total tax
73 979
71 868
85 474
78 666
After tax
77 521
79 632
66 026
72 834
Living cost
25 629
25 629
25 629
25 629
Free-cash
51 892
54 003
40 397
47 205

Estimated living cost  is ₽25629 per week

₽15939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64910
₽75270
₽47843
₽53530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
33 909
income
-
-
-
14 571
health
-
-
-
20 452
solidarity contribution
-
-
-
-
total
-
-
-
68 932
Employee
42 703
-
113 060
-
solidarity contribution
-
-
-
-
health
5 765
-
15 263
-
social contributions
2 776
-
7 349
-
income
5 124
-
13 567
-
total
13 665
-
36 179
-
Employer
42 703
-
113 060
-
social contributions
10 676
-
28 265
-
health
3 843
-
10 175
-
total
14 519
-
38 440
-
Corporate
94 278
151 500
-
-
income
17 913
28 785
-
-
total
17 913
28 785
-
-
Dividends
76 365
122 715
-
-
withholding
11 455
18 407
-
-
total
11 455
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 552
47 192
74 619
68 932
After tax
93 948
104 308
76 881
82 568
Living cost
29 038
29 038
29 038
29 038
Free-cash
64 910
75 270
47 843
53 530

Estimated living cost  is ₽29038 per week

₽21594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53254
₽53728
₽9500
₽47548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
chamber of commerce
-
-
-
607
unemployment
-
-
-
5 835
income
-
-
-
38 093
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
-
total
-
-
-
73 599
Employee
41 588
37 915
118 944
-
unemployment
1 248
1 137
3 335
-
other
415
379
1 112
-
health
1 609
1 468
4 301
-
pensions
4 259
3 882
11 382
-
income
3 705
2 797
30 128
-
total
11 236
9 663
50 258
-
Employer
41 588
37 915
118 944
-
payroll
1 248
1 137
3 568
-
other
1 975
1 800
5 582
-
accident
540
493
1 444
-
pensions
5 220
4 759
13 949
-
unemployment
1 248
1 137
3 335
-
chamber of commerce
166
152
477
-
surtax
-
-
-
-
health
1 573
1 434
4 201
-
total
11 970
10 912
32 556
-
Corporate
97 943
102 673
115 333
-
income

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

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

24 486
25 668
28 833
-
total
24 486
25 668
28 833
-
Dividends
73 458
77 005
-
-
withholding
20 201
21 176
-
-
total
20 201
21 176
-
-
Income
151 500
151 500
151 500
151 500
Total tax
67 893
67 419
111 647
73 599
After tax
83 607
84 081
39 853
77 901
Living cost
30 353
30 353
30 353
30 353
Free-cash
53 254
53 728
9 500
47 548

Estimated living cost  is ₽30353 per week

₽18208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129538
₽131810
₽109085
₽137870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
151 500
microenterprise

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

-
-
-
1 515
total
-
-
-
1 515
Employee
15 144
-
151 500
-
income
3 029
-
30 300
-
total
3 029
-
30 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

136 356
151 500
-
-
total
-
-
-
-
Dividends
136 356
151 500
-
-
withholding
6 818
7 575
-
-
total
6 818
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 847
7 575
30 300
1 515
After tax
141 653
143 925
121 200
149 985
Living cost
12 115
12 115
12 115
12 115
Free-cash
129 538
131 810
109 085
137 870

Estimated living cost  is ₽12115 per week

₽8198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70831
₽78790
₽45277
₽49291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
151 500
unemployment
-
-
-
227
income
-
-
-
33 888
pensions
-
-
-
27 667
health
-
-
-
14 908
total
-
-
-
76 690
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.

42 071
-
131 087
-
unemployment
60
-
184
-
health
2 717
-
8 469
-
pensions
6 521
-
20 319
-
income
7 255
-
31 320
-
total
16 553
-
60 292
-
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.

42 071
-
131 087
-
pensions
3 723
-
11 602
-
unemployment
25
-
79
-
health
2 802
-
8 731
-
total
6 550
-
20 412
-
Corporate
102 879
151 500
-
-
income
19 548
28 784
-
-
total
19 548
28 784
-
-
Dividends
83 331
122 716
-
-
withholding
12 499
18 407
-
-
total
12 499
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 150
47 191
80 704
76 690
After tax
96 350
104 309
70 796
74 810
Living cost
25 519
25 519
25 519
25 519
Free-cash
70 831
78 790
45 277
49 291

Estimated living cost  is ₽25519 per week

₽17513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7278
₽51793
₽98808
₽64319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
17 271
income
-
-
-
29 530
total
-
-
-
46 801
Employee
57 899
-
-
-
social contributions
4 748
-
677
-
income
12 771
-
-
-
total
17 519
-
677
-
Employer
57 899
-
-
-
social contributions
81 638
-
11 635
-
total
81 638
-
11 635
-
Corporate
11 963
151 500
-
-
income
2 632
33 330
-
-
total
2 632
33 330
-
-
Dividends
9 331
118 170
-
-
income
2 053
25 997
-
-
total
2 053
25 997
-
-
Income
151 500
151 500
151 500
151 500
Total tax
103 842
59 327
12 312
46 801
After tax
47 658
92 173
139 188
104 699
Living cost
40 380
40 380
40 380
40 380
Free-cash
7 278
51 793
98 808
64 319

Estimated living cost  is ₽40380 per week

₽26200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
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.
₽9867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55374
₽56331
₽40839
₽51881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
social contributions

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

-
-
-
52 645
income
-
-
-
17 132
surtax
-
-
-
-
total
-
-
-
69 777
Employee
43 757
-
122 425
-
surtax
-
-
-
-
social contributions
4 813
-
13 467
-
income
9 102
-
38 277
-
total
13 915
-
51 744
-
Employer
43 757
-
122 425
-
social contributions
10 392
-
29 075
-
total
10 392
-
29 075
-
Corporate
97 351
151 500
-
-
income
20 443
31 816
-
-
surtax
-
-
-
-
total
20 443
31 816
-
-
Dividends
76 908
119 684
-
-
withholding
21 534
33 511
-
-
total
21 534
33 511
-
-
Income
151 500
151 500
151 500
151 500
Total tax
66 284
65 327
80 819
69 777
After tax
85 216
86 173
70 681
81 723
Living cost
29 842
29 842
29 842
29 842
Free-cash
55 374
56 331
40 839
51 881

Estimated living cost  is ₽29842 per week

₽22328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽36946
₽30407
₽39100
₽39684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
4 696
social contributions
-
-
-
4 317
income
-
-
-
22 400
pensions
-
-
-
28 548
health
-
-
-
5 904
surtax
-
-
-
-
total
-
-
-
65 865
Employee
59 588
-
118 289
-
surtax
-
-
-
-
pensions
6 740
-
7 792
-
social contributions
1 697
-
3 371
-
income
5 199
-
22 078
-
total
13 636
-
33 241
-
Employer
59 588
-
118 289
-
other
2 056
-
4 430
-
pensions
9 791
-
13 199
-
unemployment
2 414
-
4 790
-
social contributions
179
-
356
-
health
4 171
-
10 433
-
total
18 611
-
33 208
-
Corporate
73 301
151 500
-
-
income
20 524
42 419
-
-
surtax
-
-
-
-
total
20 524
42 419
-
-
Dividends
52 777
109 081
-
-
withholding
6 756
13 962
-
-
social contributions
9 076
18 761
-
-
surtax
-
-
-
-
total
15 832
32 723
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 603
75 142
66 449
65 865
After tax
82 897
76 358
85 051
85 635
Living cost
45 951
45 951
45 951
45 951
Free-cash
36 946
30 407
39 100
39 684

Estimated living cost  is ₽45951 per week

₽31099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104554
₽107751
₽87556
₽83533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
6 039
social contributions
-
-
-
33 329
total
-
-
-
39 368
Employee
30 586
-
131 169
-
social contributions
1 988
-
8 527
-
income
-
-
6 487
-
total
1 988
-
15 014
-
Employer
30 586
-
131 169
-
social contributions
4 741
-
20 331
-
total
4 741
-
20 331
-
Corporate
116 172
151 500
-
-
income
11 618
15 150
-
-
total
11 618
15 150
-
-
Dividends
104 554
136 350
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
18 347
15 150
35 345
39 368
After tax
133 153
136 350
116 155
112 132
Living cost
28 599
28 599
28 599
28 599
Free-cash
104 554
107 751
87 556
83 533

Estimated living cost  is ₽28599 per week

₽18492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55484
-₽55484
-₽55484
₽44515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
pensions
-
-
-
823
municipal
-
-
-
31 088
labour market
-
-
-
12 054
national
-
-
-
17 268
total
-
-
-
61 233
Employee
193 107
193 107
193 107
-
national
23 592
23 592
23 592
-
municipal
41 121
41 121
41 121
-
labour market
15 427
15 427
15 427
-
pensions
274
274
274
-
total
80 414
80 414
80 414
-
Employer
193 107
193 107
193 107
-
municipal
41 187
41 187
41 187
-
pensions
549
549
549
-
national
23 633
23 633
23 633
-
labour market
15 449
15 449
15 449
-
total
80 818
80 818
80 818
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
161 232
161 232
161 232
61 233
After tax
-9 732
-9 732
-9 732
90 267
Living cost
45 752
45 752
45 752
45 752
Free-cash
-55 484
-55 484
-55 484
44 515

Estimated living cost  is ₽45752 per week

₽31313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9030
-₽8853
₽60459
₽82515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
361
income
-
-
-
41 074
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
47 861
Employee
33 230
-
135 193
-
health
3 805
-
15 480
-
pensions
3 742
-
7 435
-
income
4 559
-
30 695
-
total
12 106
-
53 610
-
Employer
33 230
-
135 193
-
accident
555
-
2 258
-
pensions
5 403
-
10 737
-
unemployment
814
-
3 312
-
total
6 772
-
16 307
-
Corporate
111 498
151 500
-
-
income

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

100 349
136 350
-
-
total
100 349
136 350
-
-
Dividends
11 150
15 150
-
-
withholding
2 119
2 879
-
-
total
2 119
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
121 346
139 229
69 917
47 861
After tax
30 154
12 271
81 583
103 639
Living cost
21 124
21 124
21 124
21 124
Free-cash
9 030
-8 853
60 459
82 515

Estimated living cost  is ₽21124 per week

₽15376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61412
₽59405
₽43971
₽63528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
151 500
municipal
-
-
-
26 921
national
-
-
-
22 589
health
-
-
-
1 935
total
-
-
-
51 445
Employee
50 055
-
127 448
-
national
827
-
14 106
-
unemployment
751
-
1 912
-
health
374
-
1 565
-
municipal
8 199
-
20 766
-
pensions
3 378
-
8 603
-
total
13 529
-
46 952
-
Employer
50 055
-
127 448
-
accident
51
-
128
-
pensions
8 684
-
22 111
-
unemployment
325
-
829
-
health
385
-
982
-
total
9 445
-
24 050
-
Corporate
92 001
151 500
-
-
income
18 399
30 299
-
-
total
18 399
30 299
-
-
Dividends

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

55 201
90 901
-
-
municipal
9 935
16 363
-
-
national
2 253
8 906
-
-
total
12 188
25 269
-
-
Income
151 500
151 500
151 500
151 500
Total tax
53 561
55 568
71 002
51 445
After tax
97 939
95 932
80 498
100 055
Living cost
36 527
36 527
36 527
36 527
Free-cash
61 412
59 405
43 971
63 528

Estimated living cost  is ₽36527 per week

₽23859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
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.
₽8574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83365
₽88544
₽80950
₽82328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
15 393
income
-
-
-
27 887
health
-
-
-
3 864
total
-
-
-
47 144
Employee
73 158
73 158
140 707
-
health
567
1 244
2 392
-
social contributions
2 766
6 072
8 190
-
income
7 966
6 772
27 147
-
total
11 299
14 088
37 729
-
Employer
73 158
73 158
140 707
-
social contributions
2 766
6 072
8 190
-
health
616
1 354
2 603
-
total
3 382
7 426
10 793
-
Corporate
114 792
70 916
-
-
income
14 350
8 865
-
-
total
14 350
8 865
-
-
Dividends
100 442
62 051
-
-
withholding
17 076
10 549
-
-
total
17 076
10 549
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 107
40 928
48 522
47 144
After tax
105 393
110 572
102 978
104 356
Living cost
22 028
22 028
22 028
22 028
Free-cash
83 365
88 544
80 950
82 328

Estimated living cost  is ₽22028 per week

₽13202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105513
₽110353
₽92508
₽111591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
151 500
unemployment
-
-
-
27
income
-
-
-
15 282
pensions
-
-
-
6 052
health
-
-
-
3 443
total
-
-
-
24 804
Employee

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

21 838
-
142 202
-
unemployment
108
-
451
-
health
1 856
-
7 673
-
pensions
3 275
-
13 541
-
income
1 493
-
12 924
-
total
6 732
-
34 589
-
Employer

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

21 838
-
142 202
-
pensions
1 201
-
4 965
-
unemployment
108
-
451
-
health
939
-
3 882
-
total
2 248
-
9 298
-
Corporate
127 414
151 500
-
-
income
11 466
13 635
-
-
total
11 466
13 635
-
-
Dividends
115 948
137 865
-
-
withholding
10 436
12 407
-
-
total
10 436
12 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
30 882
26 042
43 887
24 804
After tax
120 618
125 458
107 613
126 696
Living cost
15 105
15 105
15 105
15 105
Free-cash
105 513
110 353
92 508
111 591

Estimated living cost  is ₽15105 per week

₽9638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70796
₽75017
₽55047
₽59040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
39 844
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
66 298
Employee
35 179
-
123 387
-
unemployment
545
-
1 367
-
other
34
-
88
-
pensions
1 654
-
4 145
-
income
6 782
-
36 578
-
total
9 015
-
42 178
-
Employer
35 179
-
123 387
-
other
282
-
706
-
accident
697
-
1 746
-
pensions
8 302
-
20 812
-
unemployment
1 935
-
4 849
-
total
11 216
-
28 113
-
Corporate
105 106
151 500
-
-
income

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

15 765
22 725
-
-
total
15 765
22 725
-
-
Dividends
89 340
128 775
-
-
withholding
18 546
27 596
-
-
total
18 546
27 596
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 542
50 321
70 291
66 298
After tax
96 958
101 179
81 209
85 202
Living cost
26 162
26 162
26 162
26 162
Free-cash
70 796
75 017
55 047
59 040

Estimated living cost  is ₽26162 per week

₽17659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92436
₽92731
₽95482
₽95611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
51 814
pensions
-
-
-
1 316
health
-
-
-
954
total
-
-
-
54 084
Employee
2 749
-
150 019
-
unemployment
27
-
66
-
health
137
-
329
-
pensions
247
-
592
-
income
532
-
51 745
-
total
943
-
52 732
-
Employer
2 749
-
150 019
-
pensions
302
-
724
-
unemployment
55
-
132
-
health
261
-
625
-
total
618
-
1 481
-
Corporate
148 133
151 500
-
-
income
32 589
33 330
-
-
total
32 589
33 330
-
-
Dividends
115 544
118 170
-
-
withholding
23 109
23 634
-
-
total
23 109
23 634
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 259
56 964
54 213
54 084
After tax
94 241
94 536
97 287
97 416
Living cost
1 805
1 805
1 805
1 805
Free-cash
92 436
92 731
95 482
95 611

Estimated living cost  is ₽1805 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88366
₽93038
₽74645
₽74644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
unemployment
-
-
-
1 053
income
-
-
-
33 909
pensions
-
-
-
18 245
health
-
-
-
7 228
total
-
-
-
60 435
Employee

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

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

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

24 762
-
138 939
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
pensions
3 467
-
9 824
-
income
3 413
-
33 909
-
total
8 341
-
47 873
-
Employer

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

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

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

24 762
-
138 939
-
pensions
2 971
-
8 421
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
total
4 432
-
12 561
-
Corporate
122 306
151 500
-
-
income
18 346
22 725
-
-
total
18 346
22 725
-
-
Dividends
103 960
128 775
-
-
withholding
15 594
19 316
-
-
total
15 594
19 316
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 713
42 041
60 434
60 435
After tax
104 787
109 459
91 066
91 065
Living cost
16 421
16 421
16 421
16 421
Free-cash
88 366
93 038
74 645
74 644

Estimated living cost  is ₽16421 per week

₽11056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
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.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60181
₽60524
₽45032
₽56074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
social contributions

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

-
-
-
52 645
income
-
-
-
17 132
surtax
-
-
-
-
total
-
-
-
69 777
Employee
36 926
-
122 425
-
surtax
-
-
-
-
social contributions
4 062
-
13 467
-
income
7 215
-
38 277
-
total
11 277
-
51 744
-
Employer
36 926
-
122 425
-
social contributions
8 769
-
29 075
-
total
8 769
-
29 075
-
Corporate
105 805
151 500
-
-
income
22 220
31 816
-
-
surtax
-
-
-
-
total
22 220
31 816
-
-
Dividends
83 585
119 684
-
-
withholding
23 404
33 511
-
-
total
23 404
33 511
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 670
65 327
80 819
69 777
After tax
85 830
86 173
70 681
81 723
Living cost
25 649
25 649
25 649
25 649
Free-cash
60 181
60 524
45 032
56 074

Estimated living cost  is ₽25649 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61258
₽67743
₽47773
₽51766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
39 844
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
66 298
Employee
45 948
-
123 387
-
unemployment
711
-
1 367
-
other
45
-
88
-
pensions
2 159
-
4 145
-
income
9 597
-
36 578
-
total
12 512
-
42 178
-
Employer
45 948
-
123 387
-
other
368
-
706
-
accident
910
-
1 746
-
pensions
10 844
-
20 812
-
unemployment
2 528
-
4 849
-
total
14 650
-
28 113
-
Corporate
90 902
151 500
-
-
income

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

13 635
22 725
-
-
total
13 635
22 725
-
-
Dividends
77 267
128 775
-
-
withholding
16 009
27 596
-
-
total
16 009
27 596
-
-
Income
151 500
151 500
151 500
151 500
Total tax
56 806
50 321
70 291
66 298
After tax
94 694
101 179
81 209
85 202
Living cost
33 436
33 436
33 436
33 436
Free-cash
61 258
67 743
47 773
51 766

Estimated living cost  is ₽33436 per week

₽24013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107356
₽113157
₽109286
₽103521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
133
income
-
-
-
22 725
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
31 603
Employee
21 684
-
144 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
health
998
-
1 530
-
pensions

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

1 904
-
2 920
-
income
2 169
-
14 498
-
total
5 309
-
19 314
-
Employer
21 684
-
144 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

2 389
-
3 664
-
unemployment
130
-
200
-
health
1 496
-
2 294
-
total
4 253
-
6 524
-
Corporate
125 562
151 500
-
-
income
12 556
15 150
-
-
total
12 556
15 150
-
-
Dividends
113 006
136 350
-
-
withholding
5 650
6 817
-
-
total
5 650
6 817
-
-
Income
151 500
151 500
151 500
151 500
Total tax
27 768
21 967
25 838
31 603
After tax
123 732
129 533
125 662
119 897
Living cost
16 376
16 376
16 376
16 376
Free-cash
107 356
113 157
109 286
103 521

Estimated living cost  is ₽16376 per week

₽10831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53710
₽41265
₽60746
₽45353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
trade
-
-
-
15 393
income

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

-
-
-
45 046
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.

-
-
-
6 500
surtax

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

-
-
-
2 477
total
-
-
-
69 416
Employee

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

47 338
-
151 500
-
surtax

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

215
-
2 477
-
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.

6 500
-
6 500
-
income

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

3 893
-
45 046
-
total
10 608
-
54 023
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 162
151 500
-
-
trade
14 947
21 740
-
-
income
15 624
22 725
-
-
surtax

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

859
1 249
-
-
chamber of commerce
298
367
-
-
total
31 728
46 081
-
-
Dividends
72 433
105 419
-
-
withholding
17 746
25 993
-
-
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.

977
1 430
-
-
total
18 723
27 423
-
-
Income
151 500
151 500
151 500
151 500
Total tax
61 059
73 504
54 023
69 416
After tax
90 441
77 996
97 477
82 084
Living cost
36 731
36 731
36 731
36 731
Free-cash
53 710
41 265
60 746
45 353

Estimated living cost  is ₽36731 per week

₽25338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53953
₽51854
₽27527
₽27527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
24 902
income
-
-
-
44 875
total
-
-
-
69 777
Employee
74 421
-
151 500
-
social contributions
6 183
-
24 902
-
income
14 043
-
44 875
-
total
20 226
-
69 777
-
Employer
74 421
-
151 500
-
total
-
-
-
-
Corporate
77 079
151 500
-
-
income
9 636
18 937
-
-
total
9 636
18 937
-
-
Dividends
67 444
132 563
-
-
withholding
13 489
26 513
-
-
total
13 489
26 513
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 351
45 450
69 777
69 777
After tax
108 149
106 050
81 723
81 723
Living cost
54 196
54 196
54 196
54 196
Free-cash
53 953
51 854
27 527
27 527

Estimated living cost  is ₽54196 per week

₽41231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62237
₽58913
₽74166
₽84088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
health

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

-
-
-
5 794
income
-
-
-
27 082
total
-
-
-
32 876
Employee
43 645
-
147 124
-
social contributions
4 373
-
4 376
-
income
4 736
-
34 046
-
total
9 109
-
38 422
-
Employer
43 645
-
147 124
-
social contributions
4 373
-
4 376
-
total
4 373
-
4 376
-
Corporate
103 483
151 500
-
-
income
36 219
53 025
-
-
total
36 219
53 025
-
-
Dividends
67 263
98 475
-
-
social contributions
5 026
5 026
-
-
total
5 026
5 026
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 727
58 051
42 798
32 876
After tax
96 773
93 449
108 702
118 624
Living cost
34 536
34 536
34 536
34 536
Free-cash
62 237
58 913
74 166
84 088

Estimated living cost  is ₽34536 per week

₽22749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71416
₽65890
₽52977
₽66759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
41 926
pensions
-
-
-
8 140
total
-
-
-
50 066
Employee
47 596
-
132 465
-
health
621
-
1 970
-
pensions
3 633
-
10 107
-
income
8 668
-
32 736
-
total
12 922
-
44 813
-
Employer
47 596
-
132 465
-
pensions
4 809
-
16 519
-
health
905
-
2 516
-
total
5 714
-
19 035
-
Corporate
98 191
151 500
-
-
income

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

18 657
28 784
-
-
total
18 657
28 784
-
-
Dividends
79 534
122 716
-
-
withholding
8 116
22 151
-
-
total
8 116
22 151
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 409
50 935
63 848
50 066
After tax
106 091
100 565
87 652
101 434
Living cost
34 675
34 675
34 675
34 675
Free-cash
71 416
65 890
52 977
66 759

Estimated living cost  is ₽34675 per week

₽23787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8711
-₽10944
₽58368
₽80424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other
-
-
-
361
income
-
-
-
41 074
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
47 861
Employee
36 519
-
135 193
-
health
4 181
-
15 480
-
pensions
4 112
-
7 435
-
income
5 010
-
30 695
-
total
13 303
-
53 610
-
Employer
36 519
-
135 193
-
accident
610
-
2 258
-
pensions
5 938
-
10 737
-
unemployment
895
-
3 312
-
total
7 443
-
16 307
-
Corporate
107 539
151 500
-
-
income

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

96 785
136 350
-
-
total
96 785
136 350
-
-
Dividends
10 754
15 150
-
-
withholding
2 043
2 879
-
-
total
2 043
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
119 574
139 229
69 917
47 861
After tax
31 926
12 271
81 583
103 639
Living cost
23 215
23 215
23 215
23 215
Free-cash
8 711
-10 944
58 368
80 424

Estimated living cost  is ₽23215 per week

₽17037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽110187
₽114637
₽92996
₽72252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
151 500
unemployment
-
-
-
1 818
income
-
-
-
24 735
pensions
-
-
-
27 876
health insurance
-
-
-
11 211
work injury
-
-
-
758
total
-
-
-
66 398
Employee

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

20 561
-
151 500
-
health insurance
1 521
-
5 629
-
unemployment
247
-
913
-
work injury
103
-
380
-
pensions
3 783
-
13 997
-
income
2 056
-
24 735
-
total
7 710
-
45 654
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 939
151 500
-
-
income

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

1 309
1 515
-
-
total
1 309
1 515
-
-
Dividends
129 630
149 985
-
-
withholding
19 444
22 498
-
-
total
19 444
22 498
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 463
24 013
45 654
66 398
After tax
123 037
127 487
105 846
85 102
Living cost
12 850
12 850
12 850
12 850
Free-cash
110 187
114 637
92 996
72 252

Estimated living cost  is ₽12850 per week

₽7961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽37570
₽41898
₽27001
₽33652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
regional
-
-
-
3 453
social contributions
-
-
-
38 965
municipal
-
-
-
1 013
national
-
-
-
36 515
total
-
-
-
79 946
Employee
80 171
-
151 500
-
national
13 548
-
31 547
-
regional
1 210
-
3 061
-
municipal
478
-
905
-
social contributions
27 033
-
51 085
-
total
42 269
-
86 598
-
Employer
80 171
-
151 500
-
total
-
-
-
-
Corporate
71 329
151 500
-
-
nationa
17 119
36 360
-
-
municipal
3 438
7 303
-
-
total
20 557
43 663
-
-
Dividends
50 772
107 837
-
-
withholding
13 202
28 037
-
-
total
13 202
28 037
-
-
Income
151 500
151 500
151 500
151 500
Total tax
76 028
71 700
86 598
79 946
After tax
75 472
79 800
64 902
71 554
Living cost
37 902
37 902
37 902
37 902
Free-cash
37 570
41 898
27 001
33 652

Estimated living cost  is ₽37902 per week

₽26623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽8097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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