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
₽68308
₽46982
₽51569
₽57740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
44 629
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.

-
-
-
2 455
trade
-
-
-
16 739
total
-
-
-
70 468
Employee

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

37 205
-
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.

57
-
2 455
-
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.

1 039
-
44 629
-
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.

6 645
-
6 645
-
total
7 741
-
53 729
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 295
151 500
-
-
chamber of commerce
312
365
-
-
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.

943
1 250
-
-
trade
18 002
23 861
-
-
income
17 145
22 725
-
-
total
36 402
48 201
-
-
Dividends
77 893
103 299
-
-
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.

1 050
1 399
-
-
withholding
19 104
25 455
-
-
total
20 154
26 854
-
-
Income
151 500
151 500
151 500
151 500
Total tax
64 297
75 055
53 729
70 468
After tax
87 203
76 445
97 771
81 032
Living cost
29 463
29 463
29 463
29 463
Free-cash
57 740
46 982
68 308
51 569

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39751
₽43239
₽38562
₽42385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
25 425
municipal
-
-
-
16 407
total
-
-
-
61 641
Employee
79 519
-
130 970
-
municipal
9 822
-
16 994
-
national
15 220
-
26 333
-
pensions
3 181
-
5 239
-
total
28 223
-
48 566
-
Employer
79 519
-
130 970
-
pensions
6 362
-
10 478
-
social contributions
855
-
1 408
-
total
7 217
-
11 886
-
Corporate
59 516
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%.

11 903
30 300
-
-
total
11 903
30 300
-
-
Dividends
47 613
121 200
-
-
withholding
10 475
26 664
-
-
total
10 475
26 664
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 818
56 964
60 452
61 641
After tax
93 682
94 536
91 048
89 859
Living cost
51 297
51 297
51 297
51 297
Free-cash
42 385
43 239
39 751
38 562

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71357
₽100964
₽30197
₽92983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 269
income
-
-
-
25 165
surtax
-
-
-
38 632
microenterprise
-
-
-
-
total
-
-
-
101 066
Employee
28 424
-
109 817
-
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.

3 127
-
12 080
-
income
5 060
-
21 372
-
total
8 187
-
33 452
-
Employer
28 424
-
109 817
-
surtax
-
-
-
-
social contributions

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

6 847
-
26 454
-
total
6 847
-
26 454
-
Corporate
116 230
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%.

23 246
30 299
-
-
total
23 246
30 299
-
-
Dividends

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

92 984
121 201
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
38 280
30 299
59 906
101 066
After tax
113 220
121 201
91 594
50 434
Living cost
20 237
20 237
20 237
20 237
Free-cash
92 983
100 964
71 357
30 197

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51750
₽33963
₽44272
₽28003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
43 087
pensions
-
-
-
11 397
total
-
-
-
66 479
Employee
83 067
83 067
133 423
-
income

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

13 597
13 597
17 532
-
pensions
14 952
11 397
11 397
-
health
12 750
10 845
11 995
-
total
41 299
35 839
40 924
-
Employer
83 067
83 067
133 423
-
unemployment
2 990
2 990
3 716
-
health
5 774
5 774
7 175
-
pensions
5 781
5 781
7 186
-
total
14 545
14 545
18 077
-
Corporate
54 906
53 887
-
-
income
10 981
10 777
-
-
total
10 981
10 777
-
-
Dividends
43 925
43 111
-
-
income
9 335
9 161
-
-
withholding
6 588
6 466
-
-
total
15 923
15 627
-
-
Income
151 500
151 500
151 500
151 500
Total tax
82 748
76 788
59 001
66 479
After tax
68 752
74 712
92 499
85 021
Living cost
40 749
40 749
40 749
40 749
Free-cash
28 003
33 963
51 750
44 272

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38009
₽42237
₽38991
₽41328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 310
health
-
-
-
5 536
accident
-
-
-
177
pensions
-
-
-
9 591
national
-
-
-
8 811
unemployment
-
-
-
89
municipal
-
-
-
37 513
total
-
-
-
72 027
Employee
57 684
-
123 623
-
municipal
17 201
-
36 864
-
national
-
-
8 268
-
total
17 201
-
45 132
-
Employer
57 684
-
123 623
-
other
6 703
-
10 310
-
unemployment
1 523
-
2 342
-
health
3 548
-
5 457
-
accident
115
-
177
-
pensions
6 236
-
9 591
-
total
18 125
-
27 877
-
Corporate
75 692
151 500
-
-
income
16 652
33 330
-
-
total
16 652
33 330
-
-
Dividends
59 040
118 170
-
-
withholding
17 712
35 451
-
-
total
17 712
35 451
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 690
68 781
73 009
72 027
After tax
81 810
82 719
78 491
79 473
Living cost
40 482
40 482
40 482
40 482
Free-cash
41 328
42 237
38 009
38 991

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59558
₽37450
₽42075
₽51119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
44 629
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.

-
-
-
2 455
trade
-
-
-
17 483
total
-
-
-
71 212
Employee

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

49 329
-
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.

233
-
2 455
-
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.

4 238
-
44 629
-
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.

6 645
-
6 645
-
total
11 116
-
53 729
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 171
151 500
-
-
chamber of commerce
294
364
-
-
surtax

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

844
1 250
-
-
trade
16 807
24 922
-
-
income
15 325
22 725
-
-
total
33 270
49 261
-
-
Dividends
68 902
102 239
-
-
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.

927
1 386
-
-
withholding
16 855
25 190
-
-
total
17 782
26 576
-
-
Income
151 500
151 500
151 500
151 500
Total tax
62 168
75 837
53 729
71 212
After tax
89 332
75 663
97 771
80 288
Living cost
38 213
38 213
38 213
38 213
Free-cash
51 119
37 450
59 558
42 075

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71609
₽79035
₽72993
₽75001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
3 864
income
-
-
-
27 355
total
-
-
-
46 957
Employee
74 798
74 798
140 528
-
social contributions
3 635
6 208
8 373
-
income
7 854
6 924
26 607
-
health
744
1 272
2 389
-
total
12 233
14 404
37 369
-
Employer
74 798
74 798
140 528
-
health
810
1 384
2 599
-
social contributions
3 635
6 208
8 373
-
total
4 445
7 592
10 972
-
Corporate
103 272
69 110
-
-
income
12 909
8 639
-
-
total
12 909
8 639
-
-
Dividends
90 363
60 471
-
-
withholding
15 362
10 280
-
-
total
15 362
10 280
-
-
Income
151 500
151 500
151 500
151 500
Total tax
44 949
40 915
48 341
46 957
After tax
106 551
110 585
103 159
104 543
Living cost
31 550
31 550
31 550
31 550
Free-cash
75 001
79 035
71 609
72 993

Estimated living cost  is ₽31550 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70124
₽67446
₽87250
₽67814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 605
income
-
-
-
18 521
pensions
-
-
-
15 150
unemployment
-
-
-
2 273
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.

25 551
10 169
126 778
-
income
3 124
1 243
15 499
-
pensions
2 555
1 017
12 678
-
health
1 789
712
8 874
-
unemployment
383
153
1 902
-
total
7 851
3 125
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.

25 551
10 169
126 778
-
pensions
4 983
1 983
24 722
-
total
4 983
1 983
24 722
-
Corporate
120 966
139 348
-
-
income
10 887
12 541
-
-
total
10 887
12 541
-
-
Dividends
110 079
126 807
-
-
social contributions
21 349
24 611
-
-
withholding
20 915
24 093
-
-
total
42 264
48 704
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 985
66 353
63 675
46 549
After tax
85 515
85 147
87 825
104 951
Living cost
17 701
17 701
17 701
17 701
Free-cash
67 814
67 446
70 124
87 250

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63828
₽97706
₽57708
₽91662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
19 694
income
-
-
-
20 302
pensions
-
-
-
30 301
total
-
-
-
70 297
Employee
27 595
-
113 228
-
income
3 107
-
21 830
-
pensions
552
-
2 265
-
unemployment
441
-
1 811
-
total
4 100
-
25 906
-
Employer
27 595
-
113 228
-
unemployment
222
-
906
-
health
3 587
-
14 719
-
pensions
5 519
-
22 646
-
total
9 328
-
38 271
-
Corporate
114 578
151 500
-
-
income
22 915
30 299
-
-
total
22 915
30 299
-
-
Dividends
91 662
121 201
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
36 343
30 299
64 177
70 297
After tax
115 157
121 201
87 323
81 203
Living cost
23 495
23 495
23 495
23 495
Free-cash
91 662
97 706
63 828
57 708

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59997
-₽9282
₽82088
₽8965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
41 035
pensions
-
-
-
4 076
total
-
-
-
47 858
Employee
33 906
-
135 138
-
income
4 652
-
30 639
-
pensions
3 818
-
7 475
-
health
3 882
-
15 473
-
total
12 352
-
53 587
-
Employer
33 906
-
135 138
-
unemployment
831
-
3 311
-
accident
566
-
2 257
-
pensions
5 513
-
10 794
-
total
6 910
-
16 362
-
Corporate
110 684
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.

99 616
136 350
-
-
total
99 616
136 350
-
-
Dividends
11 069
15 150
-
-
withholding
2 103
2 878
-
-
total
2 103
2 878
-
-
Income
151 500
151 500
151 500
151 500
Total tax
120 981
139 228
69 949
47 858
After tax
30 519
12 272
81 551
103 642
Living cost
21 554
21 554
21 554
21 554
Free-cash
8 965
-9 282
59 997
82 088

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
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.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113206
₽135931
₽141991
₽134433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 992
-
151 500
-
income
1 998
-
30 300
-
total
1 998
-
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%.

141 508
151 500
-
-
total
-
-
-
-
Dividends
141 508
151 500
-
-
withholding
7 075
7 575
-
-
total
7 075
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 073
7 575
30 300
1 515
After tax
142 427
143 925
121 200
149 985
Living cost
7 994
7 994
7 994
7 994
Free-cash
134 433
135 931
113 206
141 991

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60419
₽85387
₽55045
₽78815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 026
health
-
-
-
6 509
income
-
-
-
21 500
pensions

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

-
-
-
35 501
total
-
-
-
70 536
Employee
35 319
-
121 005
-
income
6 081
-
23 290
-
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.

2 472
-
8 471
-
health
495
-
1 695
-
unemployment
353
-
1 211
-
total
9 401
-
34 667
-
Employer
35 319
-
121 005
-
other
1 767
-
6 051
-
unemployment
353
-
1 211
-
health
495
-
1 695
-
accident
282
-
967
-
pensions

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

6 005
-
20 571
-
total
8 902
-
30 495
-
Corporate
107 280
151 500
-
-
income
22 530
31 815
-
-
total
22 530
31 815
-
-
Dividends
84 751
119 685
-
-
withholding
5 933
8 379
-
-
total
5 933
8 379
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 766
40 194
65 162
70 536
After tax
104 734
111 306
86 338
80 964
Living cost
25 919
25 919
25 919
25 919
Free-cash
78 815
85 387
60 419
55 045

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23436
₽36571
₽37252
₽35625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 315
pensions
-
-
-
8 318
total
-
-
-
49 633
Employee
91 421
-
132 518
-
income
16 480
-
32 104
-
health
1 506
-
1 994
-
pensions
8 820
-
10 369
-
total
26 806
-
44 467
-
Employer
91 421
-
132 518
-
health
1 736
-
2 517
-
pensions
10 794
-
16 465
-
total
12 530
-
18 982
-
Corporate
47 549
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.

9 034
28 784
-
-
total
9 034
28 784
-
-
Dividends
38 515
122 716
-
-
withholding
2 890
21 530
-
-
total
2 890
21 530
-
-
Income
151 500
151 500
151 500
151 500
Total tax
51 260
50 314
63 449
49 633
After tax
100 240
101 186
88 051
101 867
Living cost
64 615
64 615
64 615
64 615
Free-cash
35 625
36 571
23 436
37 252

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112942
₽116922
₽107196
₽112455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
22 725
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
31 694
Employee
16 697
-
144 909
-
income
1 669
-
14 491
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 466
-
2 950
-
health
768
-
1 545
-
total
4 087
-
19 356
-
Employer
16 697
-
144 909
-
unemployment
100
-
202
-
health
1 152
-
2 318
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 840
-
3 702
-
total
3 276
-
6 592
-
Corporate
131 527
151 500
-
-
income
13 153
15 150
-
-
total
13 153
15 150
-
-
Dividends
118 374
136 350
-
-
withholding
5 919
6 818
-
-
total
5 919
6 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
26 435
21 968
25 948
31 694
After tax
125 065
129 532
125 552
119 806
Living cost
12 610
12 610
12 610
12 610
Free-cash
112 455
116 922
112 942
107 196

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38560
₽20773
₽31082
₽23218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
43 087
pensions
-
-
-
11 397
total
-
-
-
66 479
Employee
90 184
83 067
133 423
-
income

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

13 597
13 597
17 532
-
pensions
11 397
11 397
11 397
-
health
11 251
10 845
11 995
-
total
36 245
35 839
40 924
-
Employer
90 184
83 067
133 423
-
unemployment
3 247
2 990
3 716
-
health
6 267
5 774
7 175
-
pensions
6 276
5 781
7 186
-
total
15 790
14 545
18 077
-
Corporate
45 526
53 887
-
-
income
9 106
10 777
-
-
total
9 106
10 777
-
-
Dividends
36 420
43 111
-
-
income
7 740
9 161
-
-
withholding
5 462
6 466
-
-
total
13 202
15 627
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 343
76 788
59 001
66 479
After tax
77 157
74 712
92 499
85 021
Living cost
53 939
53 939
53 939
53 939
Free-cash
23 218
20 773
38 560
31 082

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52859
₽80286
₽57988
₽71717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
20 452
income
-
-
-
14 472
solidarity contribution
-
-
-
-
total
-
-
-
69 490
Employee
35 326
-
113 060
-
social contributions
2 296
-
7 349
-
solidarity contribution
-
-
-
-
income
4 239
-
13 567
-
health
4 769
-
15 263
-
total
11 304
-
36 179
-
Employer
35 326
-
113 060
-
health
3 179
-
10 175
-
social contributions
8 831
-
28 265
-
total
12 010
-
38 440
-
Corporate
104 163
151 500
-
-
income
19 791
28 785
-
-
total
19 791
28 785
-
-
Dividends
84 372
122 715
-
-
withholding
12 656
18 407
-
-
total
12 656
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 761
47 192
74 619
69 490
After tax
95 739
104 308
76 881
82 010
Living cost
24 022
24 022
24 022
24 022
Free-cash
71 717
80 286
52 859
57 988

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽25643
₽39786
₽32520
₽34706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 966
national
-
-
-
36 300
regional
-
-
-
1 767
municipal
-
-
-
901
total
-
-
-
77 934
Employee
86 450
-
151 500
-
social contributions
29 151
-
51 086
-
municipal
458
-
803
-
national
14 980
-
31 364
-
regional
816
-
1 558
-
total
45 405
-
84 811
-
Employer
86 450
-
151 500
-
total
-
-
-
-
Corporate
65 050
151 500
-
-
nationa
15 613
36 359
-
-
municipal
2 536
5 909
-
-
total
18 149
42 268
-
-
Dividends
46 901
109 232
-
-
withholding
12 194
28 400
-
-
total
12 194
28 400
-
-
Income
151 500
151 500
151 500
151 500
Total tax
75 748
70 668
84 811
77 934
After tax
75 752
80 832
66 689
73 566
Living cost
41 046
41 046
41 046
41 046
Free-cash
34 706
39 786
25 643
32 520

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45114
₽73829
₽50430
₽70802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
38 584
pensions
-
-
-
25 965
surtax
-
-
-
5 617
unemployment
-
-
-
222
total
-
-
-
79 605
Employee
32 168
-
125 155
-
surtax
105
-
4 777
-
income
5 392
-
33 548
-
other
-
-
-
-
pensions
2 145
-
8 347
-
health
821
-
3 192
-
unemployment
2 239
-
8 711
-
total
10 702
-
58 575
-
Employer
32 168
-
125 155
-
other
-
-
-
-
unemployment
1 019
-
3 967
-
health
1 464
-
5 695
-
pensions
4 288
-
16 684
-
total
6 771
-
26 346
-
Corporate
112 562
151 500
-
-
income
29 265
39 390
-
-
total
29 265
39 390
-
-
Dividends
83 296
112 110
-
-
withholding
12 495
16 816
-
-
total
12 495
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 233
56 206
84 921
79 605
After tax
92 267
95 294
66 579
71 895
Living cost
21 465
21 465
21 465
21 465
Free-cash
70 802
73 829
45 114
50 430

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
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.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43908
₽57043
₽57724
₽61766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 315
pensions
-
-
-
8 318
total
-
-
-
49 633
Employee
61 268
-
132 518
-
income
11 035
-
32 104
-
health
889
-
1 994
-
pensions
5 200
-
10 369
-
total
17 124
-
44 467
-
Employer
61 268
-
132 518
-
health
1 164
-
2 517
-
pensions
6 632
-
16 465
-
total
7 796
-
18 982
-
Corporate
82 436
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.

15 662
28 784
-
-
total
15 662
28 784
-
-
Dividends
66 774
122 716
-
-
withholding
5 009
21 530
-
-
total
5 009
21 530
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 591
50 314
63 449
49 633
After tax
105 909
101 186
88 051
101 867
Living cost
44 143
44 143
44 143
44 143
Free-cash
61 766
57 043
43 908
57 724

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37858
-₽9507
₽45227
₽24203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 029
health
-
-
-
340
pensions
-
-
-
13 937
city
-
-
-
1 596
national
-
-
-
1 846
regional
-
-
-
6 742
total
-
-
-
27 490
Employee
92 196
-
135 600
-
national
436
-
1 496
-
city
989
-
1 457
-
pensions
7 746
-
11 392
-
health
208
-
306
-
regional
3 019
-
5 799
-
unemployment
-
-
-
-
total
12 398
-
20 450
-
Employer
92 196
-
135 600
-
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.

1 843
-
2 711
-
unemployment
-
-
-
-
health
208
-
306
-
pensions
7 746
-
11 392
-
total
9 797
-
14 409
-
Corporate
48 493
151 500
-
-
regional
10 257
32 043
-
-
national
4 122
12 877
-
-
total
14 379
44 920
-
-
Dividends
34 114
106 580
-
-
withholding
11 940
37 304
-
-
total
11 940
37 304
-
-
Income
151 500
151 500
151 500
151 500
Total tax
48 514
82 224
34 859
27 490
After tax
102 986
69 276
116 641
124 010
Living cost
78 783
78 783
78 783
78 783
Free-cash
24 203
-9 507
37 858
45 227

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53210
₽30322
₽34983
₽46100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
44 629
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.

-
-
-
2 455
trade
-
-
-
18 227
total
-
-
-
71 956
Employee

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

58 459
-
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.

378
-
2 455
-
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.

6 874
-
44 629
-
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.

6 645
-
6 645
-
total
13 897
-
53 729
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 041
151 500
-
-
chamber of commerce
279
362
-
-
surtax

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

768
1 250
-
-
trade
15 956
25 982
-
-
income
13 955
22 725
-
-
total
30 958
50 319
-
-
Dividends
62 083
101 182
-
-
surtax

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

833
1 372
-
-
withholding
15 151
24 926
-
-
total
15 984
26 298
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 839
76 617
53 729
71 956
After tax
90 661
74 883
97 771
79 544
Living cost
44 561
44 561
44 561
44 561
Free-cash
46 100
30 322
53 210
34 983

Estimated living cost  is ₽44561 per week

₽32546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52196
₽43077
₽52416
₽48822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 316
health
-
-
-
5 787
income
-
-
-
22 099
pensions
-
-
-
28 906
surtax
-
-
-
-
total
-
-
-
65 804
Employee
41 631
-
118 498
-
surtax
-
-
-
-
social contributions
1 187
-
3 376
-
income
2 457
-
21 931
-
pensions
4 707
-
7 722
-
total
8 351
-
33 029
-
Employer
41 631
-
118 498
-
other
1 436
-
4 401
-
unemployment
1 685
-
4 799
-
health
2 915
-
10 349
-
pensions
6 839
-
13 090
-
social contributions
126
-
356
-
total
13 001
-
32 995
-
Corporate
96 868
151 500
-
-
surtax
-
-
-
-
income
27 122
42 420
-
-
total
27 122
42 420
-
-
Dividends
69 746
109 080
-
-
social contributions
11 997
18 760
-
-
surtax
-
-
-
-
withholding
8 927
13 963
-
-
total
20 924
32 723
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 398
75 143
66 024
65 804
After tax
82 102
76 357
85 476
85 696
Living cost
33 280
33 280
33 280
33 280
Free-cash
48 822
43 077
52 196
52 416

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
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.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55493
₽46374
₽55713
₽51780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 316
health
-
-
-
5 787
income
-
-
-
22 099
pensions
-
-
-
28 906
surtax
-
-
-
-
total
-
-
-
65 804
Employee
37 162
-
118 498
-
surtax
-
-
-
-
social contributions
1 060
-
3 376
-
income
1 916
-
21 931
-
pensions
4 203
-
7 722
-
total
7 179
-
33 029
-
Employer
37 162
-
118 498
-
other
1 283
-
4 401
-
unemployment
1 504
-
4 799
-
health
2 601
-
10 349
-
pensions
6 106
-
13 090
-
social contributions
111
-
356
-
total
11 605
-
32 995
-
Corporate
102 733
151 500
-
-
surtax
-
-
-
-
income
28 765
42 420
-
-
total
28 765
42 420
-
-
Dividends
73 968
109 080
-
-
social contributions
12 720
18 760
-
-
surtax
-
-
-
-
withholding
9 468
13 963
-
-
total
22 188
32 723
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 737
75 143
66 024
65 804
After tax
81 763
76 357
85 476
85 696
Living cost
29 983
29 983
29 983
29 983
Free-cash
51 780
46 374
55 493
55 713

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74125
₽71802
₽76667
₽72311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 575
income
-
-
-
22 725
total
-
-
-
54 207
Employee
32 981
-
151 500
-
social contributions
4 552
-
20 907
-
income
5 501
-
25 267
-
health
2 302
-
10 575
-
total
12 355
-
56 749
-
Employer
32 981
-
151 500
-
total
-
-
-
-
Corporate
118 519
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%.

5 925
7 576
-
-
total
5 925
7 576
-
-
Dividends
112 593
143 924
-
-
social contributions
15 537
19 862
-
-
withholding
16 888
21 588
-
-
health
7 858
10 046
-
-
total
40 283
51 496
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 563
59 072
56 749
54 207
After tax
92 937
92 428
94 751
97 293
Living cost
20 626
20 626
20 626
20 626
Free-cash
72 311
71 802
74 125
76 667

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5370
₽49738
₽43430
₽48237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
37 317
chamber of commerce
-
-
-
605
pensions
-
-
-
21 023
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
73 795
Employee
48 613
38 765
118 266
-
income
5 534
2 859
29 398
-
other
485
388
1 137
-
pensions
4 978
3 969
11 637
-
health
1 881
1 501
4 397
-
unemployment
1 458
1 163
3 409
-
total
14 336
9 880
49 978
-
Employer
48 613
38 765
118 266
-
other
2 309
1 840
5 578
-
unemployment
1 458
1 163
3 409
-
health
1 837
1 466
4 295
-
surtax
192
192
192
-
accident
631
504
1 477
-
pensions
6 101
4 866
14 262
-
payroll
1 458
1 163
3 548
-
chamber of commerce
194
155
473
-
total
14 180
11 349
33 234
-
Corporate
88 707
101 387
114 574
-
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.

22 177
25 347
28 643
-
total
22 177
25 347
28 643
-
Dividends
66 530
76 040
-
-
withholding
18 295
20 911
-
-
total
18 295
20 911
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 988
67 487
111 855
73 795
After tax
82 512
84 013
39 645
77 705
Living cost
34 275
34 275
34 275
34 275
Free-cash
48 237
49 738
5 370
43 430

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18980
₽49305
₽30378
₽34714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 588
communal

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

-
-
-
7 675
national
-
-
-
54 392
total
-
-
-
85 655
Employee

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

69 580
-
117 341
-
national
21 392
-
41 437
-
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.

5 218
-
8 801
-
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.

3 269
-
5 516
-
communal

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

3 629
-
6 119
-
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.

605
-
1 021
-
total
34 113
-
62 894
-
Employer

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

69 580
-
117 341
-
unemployment

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

1 015
-
1 713
-
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.

4 279
-
7 218
-
surtax
7 890
-
13 305
-
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.

905
-
1 527
-
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.

6 165
-
10 396
-
total
20 254
-
34 159
-
Corporate
61 667
151 500
-
-
surtax
247
605
-
-
income
12 333
30 299
-
-
total
12 580
30 904
-
-
Dividends
49 087
120 595
-
-
withholding

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

14 372
35 824
-
-
total
14 372
35 824
-
-
Income
151 500
151 500
151 500
151 500
Total tax
81 319
66 728
97 053
85 655
After tax
70 181
84 772
54 447
65 845
Living cost
35 467
35 467
35 467
35 467
Free-cash
34 714
49 305
18 980
30 378

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
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.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46034
₽66095
₽50115
₽59076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
39 209
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
66 256
Employee
48 420
-
122 757
-
income
10 216
-
35 869
-
other
48
-
90
-
pensions
2 276
-
4 238
-
unemployment
751
-
1 397
-
total
13 291
-
41 594
-
Employer
48 420
-
122 757
-
other
386
-
722
-
unemployment
2 664
-
4 958
-
accident
958
-
1 785
-
pensions
11 426
-
21 278
-
total
15 434
-
28 743
-
Corporate
87 646
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.

13 147
22 725
-
-
total
13 147
22 725
-
-
Dividends
74 499
128 775
-
-
withholding
15 423
27 551
-
-
total
15 423
27 551
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 295
50 276
70 337
66 256
After tax
94 205
101 224
81 163
85 244
Living cost
35 129
35 129
35 129
35 129
Free-cash
59 076
66 095
46 034
50 115

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30303
₽36910
₽24262
₽25459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 644
accident
-
-
-
1 277
income
-
-
-
22 660
pensions
-
-
-
22 709
communal
-
-
-
9 575
surtax
-
-
-
7 511
total
-
-
-
74 376
Employee
73 664
-
135 328
-
surtax
4 515
-
8 294
-
income
7 115
-
27 022
-
pensions
5 892
-
10 826
-
health
3 278
-
6 021
-
total
20 800
-
52 163
-
Employer
73 664
-
135 328
-
health
2 247
-
4 128
-
accident
663
-
1 218
-
pensions
5 892
-
10 826
-
total
8 802
-
16 172
-
Corporate
69 035
151 500
-
-
surtax
725
1 591
-
-
income
10 356
22 725
-
-
communal
4 659
10 226
-
-
total
15 740
34 542
-
-
Dividends
53 295
116 957
-
-
income
19 842
9 642
-
-
withholding
7 995
17 544
-
-
total
27 837
27 186
-
-
Income
151 500
151 500
151 500
151 500
Total tax
73 179
61 728
68 335
74 376
After tax
78 321
89 772
83 165
77 124
Living cost
52 862
52 862
52 862
52 862
Free-cash
25 459
36 910
30 303
24 262

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44730
₽73445
₽50046
₽70350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
38 584
pensions
-
-
-
25 965
surtax
-
-
-
5 617
unemployment
-
-
-
222
total
-
-
-
79 605
Employee
32 758
-
125 155
-
surtax
116
-
4 777
-
income
5 492
-
33 548
-
other
-
-
-
-
pensions
2 186
-
8 347
-
health
836
-
3 192
-
unemployment
2 280
-
8 711
-
total
10 910
-
58 575
-
Employer
32 758
-
125 155
-
other
-
-
-
-
unemployment
1 039
-
3 967
-
health
1 490
-
5 695
-
pensions
4 367
-
16 684
-
total
6 896
-
26 346
-
Corporate
111 846
151 500
-
-
income
29 079
39 390
-
-
total
29 079
39 390
-
-
Dividends
82 767
112 110
-
-
withholding
12 416
16 816
-
-
total
12 416
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 301
56 206
84 921
79 605
After tax
92 199
95 294
66 579
71 895
Living cost
21 849
21 849
21 849
21 849
Free-cash
70 350
73 445
44 730
50 046

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
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.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40005
₽53429
₽46846
₽51270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 966
national
-
-
-
36 300
regional
-
-
-
2 284
municipal
-
-
-
901
total
-
-
-
78 451
Employee
53 959
-
151 500
-
social contributions
18 195
-
51 086
-
municipal
286
-
803
-
national
8 549
-
31 364
-
regional
726
-
2 039
-
total
27 756
-
85 292
-
Employer
53 959
-
151 500
-
total
-
-
-
-
Corporate
97 541
151 500
-
-
nationa
23 410
36 359
-
-
municipal
4 847
7 530
-
-
total
28 257
43 889
-
-
Dividends
69 284
107 611
-
-
withholding
18 014
27 979
-
-
total
18 014
27 979
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 027
71 868
85 292
78 451
After tax
77 473
79 632
66 208
73 049
Living cost
26 203
26 203
26 203
26 203
Free-cash
51 270
53 429
40 005
46 846

Estimated living cost  is ₽26203 per week

₽16296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47280
₽74707
₽52409
₽64146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
20 452
income
-
-
-
14 472
solidarity contribution
-
-
-
-
total
-
-
-
69 490
Employee
43 531
-
113 060
-
social contributions
2 829
-
7 349
-
solidarity contribution
-
-
-
-
income
5 224
-
13 567
-
health
5 877
-
15 263
-
total
13 930
-
36 179
-
Employer
43 531
-
113 060
-
health
3 918
-
10 175
-
social contributions
10 883
-
28 265
-
total
14 801
-
38 440
-
Corporate
93 169
151 500
-
-
income
17 702
28 785
-
-
total
17 702
28 785
-
-
Dividends
75 467
122 715
-
-
withholding
11 320
18 407
-
-
total
11 320
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 753
47 192
74 619
69 490
After tax
93 747
104 308
76 881
82 010
Living cost
29 601
29 601
29 601
29 601
Free-cash
64 146
74 707
47 280
52 409

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽8671
₽53085
₽46864
₽52602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
37 317
chamber of commerce
-
-
-
605
pensions
-
-
-
21 023
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
73 603
Employee
42 521
38 765
118 445
-
income
3 788
2 859
29 474
-
other
425
388
1 137
-
pensions
4 355
3 969
11 637
-
health
1 645
1 501
4 397
-
unemployment
1 276
1 163
3 409
-
total
11 489
9 880
50 054
-
Employer
42 521
38 765
118 445
-
other
2 019
1 840
5 584
-
unemployment
1 276
1 163
3 409
-
health
1 608
1 466
4 295
-
surtax
-
-
-
-
accident
552
504
1 477
-
pensions
5 337
4 866
14 262
-
payroll
1 276
1 163
3 553
-
chamber of commerce
170
155
474
-
total
12 238
11 157
33 054
-
Corporate
96 743
101 579
114 753
-
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.

24 185
25 394
28 688
-
total
24 185
25 394
28 688
-
Dividends
72 557
76 184
-
-
withholding
19 953
20 951
-
-
total
19 953
20 951
-
-
Income
151 500
151 500
151 500
151 500
Total tax
67 865
67 382
111 796
73 603
After tax
83 635
84 118
39 704
77 897
Living cost
31 033
31 033
31 033
31 033
Free-cash
52 602
53 085
8 671
46 864

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
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.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108743
₽131468
₽137528
₽129133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 571
-
151 500
-
income
3 114
-
30 300
-
total
3 114
-
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%.

135 929
151 500
-
-
total
-
-
-
-
Dividends
135 929
151 500
-
-
withholding
6 796
7 575
-
-
total
6 796
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 910
7 575
30 300
1 515
After tax
141 590
143 925
121 200
149 985
Living cost
12 457
12 457
12 457
12 457
Free-cash
129 133
131 468
108 743
137 528

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44896
₽78216
₽48910
₽70079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 908
income
-
-
-
33 697
pensions
-
-
-
27 667
unemployment
-
-
-
227
total
-
-
-
76 499
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.

43 014
-
131 088
-
income
7 418
-
31 131
-
pensions
6 668
-
20 318
-
health
2 778
-
8 469
-
unemployment
61
-
183
-
total
16 925
-
60 101
-
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.

43 014
-
131 088
-
unemployment
26
-
79
-
health
2 865
-
8 731
-
pensions
3 806
-
11 602
-
total
6 697
-
20 412
-
Corporate
101 789
151 500
-
-
income
19 340
28 785
-
-
total
19 340
28 785
-
-
Dividends
82 449
122 715
-
-
withholding
12 368
18 408
-
-
total
12 368
18 408
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 330
47 193
80 513
76 499
After tax
96 170
104 307
70 987
75 001
Living cost
26 091
26 091
26 091
26 091
Free-cash
70 079
78 216
44 896
48 910

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93336
₽47599
₽60125
-₽2531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
63 913
-
-
-
social contributions
5 241
-
747
-
income
14 098
-
-
-
total
19 339
-
747
-
Employer
63 913
-
-
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
Corporate
-
151 500
-
-
income
-
33 330
-
-
total
-
33 330
-
-
Dividends
-
118 170
-
-
income
-
25 997
-
-
total
-
25 997
-
-
Income
151 500
151 500
151 500
151 500
Total tax
109 457
59 327
13 590
46 801
After tax
42 043
92 173
137 910
104 699
Living cost
44 574
44 574
44 574
44 574
Free-cash
-2 531
47 599
93 336
60 125

Estimated living cost  is ₽44574 per week

₽28922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40412
₽55663
₽51333
₽54683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 646
income
-
-
-
17 010
surtax
-
-
-
-
total
-
-
-
69 656
Employee
44 738
-
122 425
-
surtax
-
-
-
-
social contributions
4 921
-
13 466
-
income
9 306
-
38 036
-
total
14 227
-
51 502
-
Employer
44 738
-
122 425
-
social contributions
10 625
-
29 075
-
total
10 625
-
29 075
-
Corporate
96 137
151 500
-
-
surtax
-
-
-
-
income
20 189
31 815
-
-
total
20 189
31 815
-
-
Dividends
75 948
119 685
-
-
withholding
21 265
33 511
-
-
total
21 265
33 511
-
-
Income
151 500
151 500
151 500
151 500
Total tax
66 306
65 326
80 577
69 656
After tax
85 194
86 174
70 923
81 844
Living cost
30 511
30 511
30 511
30 511
Free-cash
54 683
55 663
40 412
51 333

Estimated living cost  is ₽30511 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38495
₽29376
₽38715
₽36061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 316
health
-
-
-
5 787
income
-
-
-
22 099
pensions
-
-
-
28 906
surtax
-
-
-
-
total
-
-
-
65 804
Employee
60 924
-
118 498
-
surtax
-
-
-
-
social contributions
1 735
-
3 376
-
income
5 316
-
21 931
-
pensions
6 891
-
7 722
-
total
13 942
-
33 029
-
Employer
60 924
-
118 498
-
other
2 103
-
4 401
-
unemployment
2 468
-
4 799
-
health
4 264
-
10 349
-
pensions
10 010
-
13 090
-
social contributions
183
-
356
-
total
19 028
-
32 995
-
Corporate
71 548
151 500
-
-
surtax
-
-
-
-
income
20 034
42 420
-
-
total
20 034
42 420
-
-
Dividends
51 514
109 080
-
-
social contributions
8 860
18 760
-
-
surtax
-
-
-
-
withholding
6 594
13 963
-
-
total
15 454
32 723
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 458
75 143
66 024
65 804
After tax
83 042
76 357
85 476
85 696
Living cost
46 981
46 981
46 981
46 981
Free-cash
36 061
29 376
38 495
38 715

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87046
₽107110
₽83019
₽103842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 911
social contributions
-
-
-
33 330
total
-
-
-
39 241
Employee
31 272
-
131 169
-
income
-
-
6 357
-
social contributions
2 032
-
8 526
-
total
2 032
-
14 883
-
Employer
31 272
-
131 169
-
social contributions
4 847
-
20 331
-
total
4 847
-
20 331
-
Corporate
115 380
151 500
-
-
income
11 539
15 150
-
-
total
11 539
15 150
-
-
Dividends
103 842
136 350
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
18 418
15 150
35 214
39 241
After tax
133 082
136 350
116 286
112 259
Living cost
29 240
29 240
29 240
29 240
Free-cash
103 842
107 110
87 046
83 019

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽60083
-₽60083
₽43711
-₽60083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
12 053
pensions
-
-
-
842
national
-
-
-
17 147
municipal
-
-
-
30 978
total
-
-
-
61 020
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
164 814
164 814
164 814
61 020
After tax
-13 314
-13 314
-13 314
90 480
Living cost
46 769
46 769
46 769
46 769
Free-cash
-60 083
-60 083
-60 083
43 711

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60315
-₽8964
₽82406
₽9013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
41 035
pensions
-
-
-
4 076
total
-
-
-
47 858
Employee
33 406
-
135 138
-
income
4 583
-
30 639
-
pensions
3 762
-
7 475
-
health
3 825
-
15 473
-
total
12 170
-
53 587
-
Employer
33 406
-
135 138
-
unemployment
819
-
3 311
-
accident
558
-
2 257
-
pensions
5 432
-
10 794
-
total
6 809
-
16 362
-
Corporate
111 286
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.

100 158
136 350
-
-
total
100 158
136 350
-
-
Dividends
11 128
15 150
-
-
withholding
2 114
2 878
-
-
total
2 114
2 878
-
-
Income
151 500
151 500
151 500
151 500
Total tax
121 251
139 228
69 949
47 858
After tax
30 249
12 272
81 551
103 642
Living cost
21 236
21 236
21 236
21 236
Free-cash
9 013
-8 964
60 315
82 406

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43391
₽58819
₽63254
₽60788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 927
national
-
-
-
22 050
municipal
-
-
-
26 923
total
-
-
-
50 900
Employee
51 177
-
127 449
-
municipal
8 382
-
20 769
-
national
845
-
13 874
-
pensions
3 454
-
8 602
-
health
382
-
1 556
-
unemployment
768
-
1 912
-
total
13 831
-
46 713
-
Employer
51 177
-
127 449
-
unemployment
332
-
829
-
health
393
-
982
-
accident
52
-
127
-
pensions
8 879
-
22 112
-
total
9 656
-
24 050
-
Corporate
90 667
151 500
-
-
income
18 133
30 299
-
-
total
18 133
30 299
-
-
Dividends

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

54 401
90 901
-
-
national
1 953
8 674
-
-
municipal
9 793
16 362
-
-
total
11 746
25 036
-
-
Income
151 500
151 500
151 500
151 500
Total tax
53 366
55 335
70 763
50 900
After tax
98 134
96 165
80 737
100 600
Living cost
37 346
37 346
37 346
37 346
Free-cash
60 788
58 819
43 391
63 254

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80638
₽88064
₽82022
₽82770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
3 864
income
-
-
-
27 355
total
-
-
-
46 957
Employee
74 798
74 798
140 528
-
social contributions
2 828
6 208
8 373
-
income
8 144
6 924
26 607
-
health
580
1 272
2 389
-
total
11 552
14 404
37 369
-
Employer
74 798
74 798
140 528
-
health
629
1 384
2 599
-
social contributions
2 828
6 208
8 373
-
total
3 457
7 592
10 972
-
Corporate
113 969
69 110
-
-
income
14 247
8 639
-
-
total
14 247
8 639
-
-
Dividends
99 722
60 471
-
-
withholding
16 953
10 280
-
-
total
16 953
10 280
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 209
40 915
48 341
46 957
After tax
105 291
110 585
103 159
104 543
Living cost
22 521
22 521
22 521
22 521
Free-cash
82 770
88 064
80 638
82 022

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
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.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91561
₽110012
₽111071
₽105062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 520
income
-
-
-
15 249
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
24 985
Employee

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

22 327
-
141 993
-
income
1 527
-
12 839
-
pensions
3 349
-
13 844
-
health
1 898
-
7 845
-
unemployment
111
-
461
-
total
6 885
-
34 989
-
Employer

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

22 327
-
141 993
-
unemployment
111
-
461
-
health
960
-
3 969
-
pensions
1 228
-
5 076
-
total
2 299
-
9 506
-
Corporate
126 874
151 500
-
-
income
11 419
13 636
-
-
total
11 419
13 636
-
-
Dividends
115 455
137 864
-
-
withholding
10 391
12 408
-
-
total
10 391
12 408
-
-
Income
151 500
151 500
151 500
151 500
Total tax
30 994
26 044
44 495
24 985
After tax
120 506
125 456
107 005
126 515
Living cost
15 444
15 444
15 444
15 444
Free-cash
105 062
110 012
91 561
111 071

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54414
₽74475
₽58495
₽70103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
39 209
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
66 256
Employee
35 967
-
122 757
-
income
6 934
-
35 869
-
other
35
-
90
-
pensions
1 691
-
4 238
-
unemployment
557
-
1 397
-
total
9 217
-
41 594
-
Employer
35 967
-
122 757
-
other
288
-
722
-
unemployment
1 979
-
4 958
-
accident
713
-
1 785
-
pensions
8 488
-
21 278
-
total
11 468
-
28 743
-
Corporate
104 066
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.

15 609
22 725
-
-
total
15 609
22 725
-
-
Dividends
88 456
128 775
-
-
withholding
18 354
27 551
-
-
total
18 354
27 551
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 648
50 276
70 337
66 256
After tax
96 852
101 224
81 163
85 244
Living cost
26 749
26 749
26 749
26 749
Free-cash
70 103
74 475
54 414
58 495

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95483
₽92732
₽95612
₽92437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
954
income
-
-
-
51 814
pensions
-
-
-
1 316
total
-
-
-
54 084
Employee
2 748
-
150 020
-
income
532
-
51 745
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
52 732
-
Employer
2 748
-
150 020
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
148 134
151 500
-
-
income
32 589
33 330
-
-
total
32 589
33 330
-
-
Dividends
115 545
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
1 804
1 804
1 804
1 804
Free-cash
92 437
92 732
95 483
95 612

Estimated living cost  is ₽1804 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.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73866
₽92710
₽73866
₽87944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 372
income
-
-
-
33 830
pensions
-
-
-
18 609
unemployment
-
-
-
1 074
total
-
-
-
60 885
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.

25 256
-
138 688
-
income
3 481
-
33 830
-
pensions
3 536
-
10 020
-
health
1 301
-
3 686
-
unemployment
189
-
537
-
total
8 507
-
48 073
-
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.

25 256
-
138 688
-
unemployment
189
-
537
-
health
1 301
-
3 686
-
pensions
3 031
-
8 589
-
total
4 521
-
12 812
-
Corporate
121 723
151 500
-
-
income
18 259
22 725
-
-
total
18 259
22 725
-
-
Dividends
103 465
128 775
-
-
withholding
15 520
19 316
-
-
total
15 520
19 316
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 807
42 041
60 885
60 885
After tax
104 693
109 459
90 615
90 615
Living cost
16 749
16 749
16 749
16 749
Free-cash
87 944
92 710
73 866
73 866

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44699
₽59950
₽55620
₽59598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 646
income
-
-
-
17 010
surtax
-
-
-
-
total
-
-
-
69 656
Employee
37 754
-
122 425
-
surtax
-
-
-
-
social contributions
4 153
-
13 466
-
income
7 377
-
38 036
-
total
11 530
-
51 502
-
Employer
37 754
-
122 425
-
social contributions
8 966
-
29 075
-
total
8 966
-
29 075
-
Corporate
104 781
151 500
-
-
surtax
-
-
-
-
income
22 004
31 815
-
-
total
22 004
31 815
-
-
Dividends
82 777
119 685
-
-
withholding
23 178
33 511
-
-
total
23 178
33 511
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 678
65 326
80 577
69 656
After tax
85 822
86 174
70 923
81 844
Living cost
26 224
26 224
26 224
26 224
Free-cash
59 598
59 950
44 699
55 620

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46977
₽67038
₽51058
₽60350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
39 209
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
66 256
Employee
46 978
-
122 757
-
income
9 812
-
35 869
-
other
46
-
90
-
pensions
2 208
-
4 238
-
unemployment
727
-
1 397
-
total
12 793
-
41 594
-
Employer
46 978
-
122 757
-
other
377
-
722
-
unemployment
2 584
-
4 958
-
accident
930
-
1 785
-
pensions
11 087
-
21 278
-
total
14 978
-
28 743
-
Corporate
89 544
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.

13 431
22 725
-
-
total
13 431
22 725
-
-
Dividends
76 113
128 775
-
-
withholding
15 762
27 551
-
-
total
15 762
27 551
-
-
Income
151 500
151 500
151 500
151 500
Total tax
56 964
50 276
70 337
66 256
After tax
94 536
101 224
81 163
85 244
Living cost
34 186
34 186
34 186
34 186
Free-cash
60 350
67 038
46 977
51 058

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109008
₽112988
₽103262
₽107126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
22 725
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
31 694
Employee
21 907
-
144 909
-
income
2 191
-
14 491
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

1 923
-
2 950
-
health
1 008
-
1 545
-
total
5 363
-
19 356
-
Employer
21 907
-
144 909
-
unemployment
132
-
202
-
health
1 512
-
2 318
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 414
-
3 702
-
total
4 299
-
6 592
-
Corporate
125 294
151 500
-
-
income
12 530
15 150
-
-
total
12 530
15 150
-
-
Dividends
112 765
136 350
-
-
withholding
5 638
6 818
-
-
total
5 638
6 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
27 830
21 968
25 948
31 694
After tax
123 670
129 532
125 552
119 806
Living cost
16 544
16 544
16 544
16 544
Free-cash
107 126
112 988
109 008
103 262

Estimated living cost  is ₽16544 per week

₽10942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60217
₽40448
₽44966
₽53173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
44 629
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.

-
-
-
2 455
trade
-
-
-
15 251
total
-
-
-
68 980
Employee

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

48 399
-
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.

220
-
2 455
-
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.

3 980
-
44 629
-
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.

6 645
-
6 645
-
total
10 845
-
53 729
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 101
151 500
-
-
chamber of commerce
299
369
-
-
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.

851
1 250
-
-
trade
14 795
21 740
-
-
income
15 465
22 725
-
-
total
31 410
46 084
-
-
Dividends
71 690
105 416
-
-
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.

965
1 429
-
-
withholding
17 553
25 985
-
-
total
18 518
27 414
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 773
73 498
53 729
68 980
After tax
90 727
78 002
97 771
82 520
Living cost
37 554
37 554
37 554
37 554
Free-cash
53 173
40 448
60 217
44 966

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26750
₽50639
₽26750
₽52786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 522
social contributions
-
-
-
24 817
total
-
-
-
69 339
Employee
76 089
-
151 500
-
income
14 358
-
44 522
-
social contributions
6 321
-
24 817
-
total
20 679
-
69 339
-
Employer
76 089
-
151 500
-
total
-
-
-
-
Corporate
75 411
151 500
-
-
income
9 427
18 937
-
-
total
9 427
18 937
-
-
Dividends
65 984
132 563
-
-
withholding
13 197
26 513
-
-
total
13 197
26 513
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 303
45 450
69 339
69 339
After tax
108 197
106 050
82 161
82 161
Living cost
55 411
55 411
55 411
55 411
Free-cash
52 786
50 639
26 750
26 750

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73618
₽58027
₽82500
₽61425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 689
health

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

-
-
-
6 001
total
-
-
-
33 690
Employee
44 623
-
147 025
-
income
4 842
-
33 622
-
social contributions
4 471
-
4 475
-
total
9 313
-
38 097
-
Employer
44 623
-
147 025
-
social contributions
4 471
-
4 475
-
total
4 471
-
4 475
-
Corporate
102 406
151 500
-
-
income
35 842
53 024
-
-
total
35 842
53 024
-
-
Dividends
66 564
98 476
-
-
social contributions
5 139
5 139
-
-
total
5 139
5 139
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 765
58 163
42 572
33 690
After tax
96 735
93 337
108 928
117 810
Living cost
35 310
35 310
35 310
35 310
Free-cash
61 425
58 027
73 618
82 500

Estimated living cost  is ₽35310 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52164
₽65299
₽65980
₽71017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 315
pensions
-
-
-
8 318
total
-
-
-
49 633
Employee
49 260
-
132 518
-
income
8 971
-
32 104
-
health
643
-
1 994
-
pensions
3 760
-
10 369
-
total
13 374
-
44 467
-
Employer
49 260
-
132 518
-
health
936
-
2 517
-
pensions
4 977
-
16 465
-
total
5 913
-
18 982
-
Corporate
96 327
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.

18 303
28 784
-
-
total
18 303
28 784
-
-
Dividends
78 024
122 716
-
-
withholding
7 006
21 530
-
-
total
7 006
21 530
-
-
Income
151 500
151 500
151 500
151 500
Total tax
44 596
50 314
63 449
49 633
After tax
106 904
101 186
88 051
101 867
Living cost
35 887
35 887
35 887
35 887
Free-cash
71 017
65 299
52 164
65 980

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58212
-₽11067
₽80303
₽8692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
41 035
pensions
-
-
-
4 076
total
-
-
-
47 858
Employee
36 713
-
135 138
-
income
5 037
-
30 639
-
pensions
4 134
-
7 475
-
health
4 203
-
15 473
-
total
13 374
-
53 587
-
Employer
36 713
-
135 138
-
unemployment
899
-
3 311
-
accident
613
-
2 257
-
pensions
5 969
-
10 794
-
total
7 481
-
16 362
-
Corporate
107 306
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.

96 575
136 350
-
-
total
96 575
136 350
-
-
Dividends
10 731
15 150
-
-
withholding
2 039
2 878
-
-
total
2 039
2 878
-
-
Income
151 500
151 500
151 500
151 500
Total tax
119 469
139 228
69 949
47 858
After tax
32 031
12 272
81 551
103 642
Living cost
23 339
23 339
23 339
23 339
Free-cash
8 692
-11 067
58 212
80 303

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽92380
₽114384
₽72048
₽109846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 686
health insurance
-
-
-
11 211
work injury
-
-
-
758
pensions
-
-
-
27 876
unemployment
-
-
-
1 818
total
-
-
-
66 349
Employee

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

20 965
-
151 500
-
income
2 096
-
24 686
-
work injury
105
-
388
-
health insurance
1 551
-
5 740
-
pensions
3 858
-
14 272
-
unemployment
252
-
931
-
total
7 862
-
46 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 535
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%.

1 305
1 515
-
-
total
1 305
1 515
-
-
Dividends
129 230
149 985
-
-
withholding
19 384
22 498
-
-
total
19 384
22 498
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 551
24 013
46 017
66 349
After tax
122 949
127 487
105 483
85 151
Living cost
13 103
13 103
13 103
13 103
Free-cash
109 846
114 384
92 380
72 048

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽26346
₽41049
₽33021
₽36624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 966
national
-
-
-
36 300
regional
-
-
-
3 449
municipal
-
-
-
1 013
total
-
-
-
79 728
Employee
81 968
-
151 500
-
social contributions
27 639
-
51 086
-
municipal
489
-
905
-
national
13 852
-
31 364
-
regional
1 238
-
3 048
-
total
43 218
-
86 403
-
Employer
81 968
-
151 500
-
total
-
-
-
-
Corporate
69 532
151 500
-
-
nationa
16 687
36 359
-
-
municipal
3 352
7 303
-
-
total
20 039
43 662
-
-
Dividends
49 492
107 838
-
-
withholding
12 868
28 038
-
-
total
12 868
28 038
-
-
Income
151 500
151 500
151 500
151 500
Total tax
76 125
71 700
86 403
79 728
After tax
75 375
79 800
65 097
71 772
Living cost
38 751
38 751
38 751
38 751
Free-cash
36 624
41 049
26 346
33 021

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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