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
₽47297
₽68480
₽51665
₽57939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
44 836
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.

-
-
-
2 467
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.

-
-
-
6 573
trade
-
-
-
16 815
total
-
-
-
70 691
Employee

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

36 802
-
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
-
2 467
-
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.

1 028
-
44 836
-
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.

6 573
-
6 573
-
total
7 658
-
53 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 698
151 500
-
-
income
17 204
22 725
-
-
surtax

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

946
1 251
-
-
chamber of commerce
310
363
-
-
trade
18 066
23 861
-
-
total
36 526
48 200
-
-
Dividends
78 173
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.

1 055
1 400
-
-
withholding
19 178
25 459
-
-
total
20 233
26 859
-
-
Income
151 500
151 500
151 500
151 500
Total tax
64 417
75 059
53 876
70 691
After tax
87 083
76 441
97 624
80 809
Living cost
29 144
29 144
29 144
29 144
Free-cash
57 939
47 297
68 480
51 665

Estimated living cost  is ₽29144 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43118
₽39637
₽38449
₽42263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 404
national
-
-
-
25 420
pensions
-
-
-
18 180
total
-
-
-
61 633
Employee
79 708
-
130 970
-
municipal
9 845
-
16 991
-
pensions
3 188
-
5 239
-
national
15 256
-
26 329
-
total
28 289
-
48 559
-
Employer
79 708
-
130 970
-
pensions
6 377
-
10 478
-
social contributions
857
-
1 408
-
total
7 234
-
11 886
-
Corporate
59 298
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%.

11 860
30 300
-
-
total
11 860
30 300
-
-
Dividends
47 439
121 200
-
-
withholding
10 436
26 664
-
-
total
10 436
26 664
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 819
56 964
60 445
61 633
After tax
93 681
94 536
91 055
89 867
Living cost
51 418
51 418
51 418
51 418
Free-cash
42 263
43 118
39 637
38 449

Estimated living cost  is ₽51418 per week

₽34948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101184
₽71390
₽30715
₽93290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 270
surtax
-
-
-
38 633
social contributions

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

-
-
-
36 865
microenterprise
-
-
-
-
total
-
-
-
100 768
Employee
28 115
-
110 128
-
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.

3 093
-
12 115
-
income
5 005
-
21 447
-
total
8 098
-
33 562
-
Employer
28 115
-
110 128
-
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.

6 772
-
26 531
-
surtax
-
-
-
-
total
6 772
-
26 531
-
Corporate
116 612
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%.

23 323
30 299
-
-
total
23 323
30 299
-
-
Dividends

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

93 290
121 201
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
38 193
30 299
60 093
100 768
After tax
113 307
121 201
91 407
50 732
Living cost
20 017
20 017
20 017
20 017
Free-cash
93 290
101 184
71 390
30 715

Estimated living cost  is ₽20017 per week

₽12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34434
₽52395
₽44584
₽28538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
43 471
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
66 609
Employee
82 167
82 167
133 619
-
pensions
14 790
11 273
11 273
-
income

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

13 449
13 449
17 779
-
health
12 612
10 727
11 865
-
total
40 851
35 449
40 917
-
Employer
82 167
82 167
133 619
-
health
5 711
5 711
7 097
-
pensions
5 719
5 719
7 108
-
unemployment
2 958
2 958
3 676
-
total
14 388
14 388
17 881
-
Corporate
55 953
54 945
-
-
income
11 191
10 988
-
-
total
11 191
10 988
-
-
Dividends
44 762
43 957
-
-
income
9 511
9 341
-
-
withholding
6 714
6 593
-
-
total
16 225
15 934
-
-
Income
151 500
151 500
151 500
151 500
Total tax
82 655
76 759
58 798
66 609
After tax
68 845
74 741
92 702
84 891
Living cost
40 307
40 307
40 307
40 307
Free-cash
28 538
34 434
52 395
44 584

Estimated living cost  is ₽40307 per week

₽28565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43359
₽38853
₽39808
₽42475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
172
other
-
-
-
10 024
unemployment
-
-
-
86
health
-
-
-
5 383
municipal
-
-
-
37 725
national
-
-
-
9 617
pensions
-
-
-
9 325
total
-
-
-
72 332
Employee
56 084
-
124 396
-
municipal
16 724
-
37 095
-
national
-
-
9 089
-
total
16 724
-
46 184
-
Employer
56 084
-
124 396
-
health
3 449
-
5 305
-
pensions
6 063
-
9 325
-
accident
112
-
172
-
unemployment
1 481
-
2 277
-
other
6 517
-
10 024
-
total
17 622
-
27 103
-
Corporate
77 795
151 500
-
-
income
17 115
33 330
-
-
total
17 115
33 330
-
-
Dividends
60 680
118 170
-
-
withholding
18 204
35 451
-
-
total
18 204
35 451
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 665
68 781
73 287
72 332
After tax
81 835
82 719
78 213
79 168
Living cost
39 360
39 360
39 360
39 360
Free-cash
42 475
43 359
38 853
39 808

Estimated living cost  is ₽39360 per week

₽26086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37861
₽59825
₽42261
₽51384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
44 836
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.

-
-
-
2 467
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.

-
-
-
6 573
trade
-
-
-
17 564
total
-
-
-
71 440
Employee

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

48 794
-
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.

230
-
2 467
-
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.

4 192
-
44 836
-
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.

6 573
-
6 573
-
total
10 995
-
53 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 706
151 500
-
-
income
15 405
22 725
-
-
surtax

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

847
1 251
-
-
chamber of commerce
292
362
-
-
trade
16 895
24 922
-
-
total
33 439
49 260
-
-
Dividends
69 266
102 240
-
-
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.

933
1 386
-
-
withholding
16 950
25 194
-
-
total
17 883
26 580
-
-
Income
151 500
151 500
151 500
151 500
Total tax
62 317
75 840
53 876
71 440
After tax
89 183
75 660
97 624
80 060
Living cost
37 799
37 799
37 799
37 799
Free-cash
51 384
37 861
59 825
42 261

Estimated living cost  is ₽37799 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79371
₽71862
₽73243
₽75380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 617
social contributions
-
-
-
15 568
health
-
-
-
3 864
total
-
-
-
47 049
Employee
73 987
73 987
140 616
-
social contributions
3 595
6 141
8 282
-
income
7 769
6 849
26 874
-
health
736
1 258
2 390
-
total
12 100
14 248
37 546
-
Employer
73 987
73 987
140 616
-
health
802
1 369
2 602
-
social contributions
3 595
6 141
8 282
-
total
4 397
7 510
10 884
-
Corporate
103 794
70 003
-
-
income
12 975
8 750
-
-
total
12 975
8 750
-
-
Dividends
90 819
61 253
-
-
withholding
15 440
10 413
-
-
total
15 440
10 413
-
-
Income
151 500
151 500
151 500
151 500
Total tax
44 912
40 921
48 430
47 049
After tax
106 588
110 579
103 070
104 451
Living cost
31 208
31 208
31 208
31 208
Free-cash
75 380
79 371
71 862
73 243

Estimated living cost  is ₽31208 per week

₽21334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67475
₽70154
₽87281
₽67842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 521
unemployment
-
-
-
2 272
health
-
-
-
10 605
pensions
-
-
-
15 150
total
-
-
-
46 548
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.

25 508
10 152
126 778
-
unemployment
383
152
1 902
-
pensions
2 551
1 015
12 678
-
income
3 118
1 241
15 499
-
health
1 786
711
8 874
-
total
7 838
3 119
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.

25 508
10 152
126 778
-
pensions
4 974
1 980
24 722
-
total
4 974
1 980
24 722
-
Corporate
121 018
139 369
-
-
income
10 892
12 543
-
-
total
10 892
12 543
-
-
Dividends
110 126
126 825
-
-
social contributions
21 359
24 615
-
-
withholding
20 924
24 097
-
-
total
42 283
48 712
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 987
66 354
63 675
46 548
After tax
85 513
85 146
87 825
104 952
Living cost
17 671
17 671
17 671
17 671
Free-cash
67 842
67 475
70 154
87 281

Estimated living cost  is ₽17671 per week

₽12059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97961
₽64084
₽57966
₽91982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
20 301
health
-
-
-
19 694
pensions
-
-
-
30 299
total
-
-
-
70 294
Employee
27 296
-
113 227
-
unemployment
436
-
1 811
-
pensions
546
-
2 264
-
income
3 073
-
21 831
-
total
4 055
-
25 906
-
Employer
27 296
-
113 227
-
health
3 548
-
14 719
-
pensions
5 460
-
22 645
-
unemployment
219
-
906
-
total
9 227
-
38 270
-
Corporate
114 978
151 500
-
-
income
22 996
30 299
-
-
total
22 996
30 299
-
-
Dividends
91 982
121 201
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
36 278
30 299
64 176
70 294
After tax
115 222
121 201
87 324
81 206
Living cost
23 240
23 240
23 240
23 240
Free-cash
91 982
97 961
64 084
57 966

Estimated living cost  is ₽23240 per week

₽15940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9201
₽60101
₽82168
₽8978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
accident
-
-
-
246
income
-
-
-
41 063
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
47 860
Employee
33 776
-
135 178
-
pensions
3 803
-
7 446
-
income
4 634
-
30 680
-
health
3 867
-
15 478
-
total
12 304
-
53 604
-
Employer
33 776
-
135 178
-
pensions
5 492
-
10 753
-
accident
564
-
2 258
-
unemployment
827
-
3 312
-
total
6 883
-
16 323
-
Corporate
110 841
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.

99 757
136 350
-
-
total
99 757
136 350
-
-
Dividends
11 084
15 150
-
-
withholding
2 106
2 879
-
-
total
2 106
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
121 050
139 229
69 927
47 860
After tax
30 450
12 271
81 573
103 640
Living cost
21 472
21 472
21 472
21 472
Free-cash
8 978
-9 201
60 101
82 168

Estimated living cost  is ₽21472 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136045
₽113320
₽142105
₽134568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 850
-
151 500
-
income
1 970
-
30 300
-
total
1 970
-
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%.

141 650
151 500
-
-
total
-
-
-
-
Dividends
141 650
151 500
-
-
withholding
7 082
7 575
-
-
total
7 082
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 052
7 575
30 300
1 515
After tax
142 448
143 925
121 200
149 985
Living cost
7 880
7 880
7 880
7 880
Free-cash
134 568
136 045
113 320
142 105

Estimated living cost  is ₽7880 per week

₽4883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85670
₽60657
₽55682
₽79171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 677
other
-
-
-
6 949
health
-
-
-
6 438
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.

-
-
-
35 116
total
-
-
-
70 180
Employee
34 936
-
121 005
-
unemployment
349
-
1 211
-
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.

2 445
-
8 470
-
income
6 015
-
23 335
-
health
489
-
1 694
-
total
9 298
-
34 710
-
Employer
34 936
-
121 005
-
health
489
-
1 694
-
pensions

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

5 940
-
20 571
-
accident
279
-
968
-
unemployment
349
-
1 211
-
other
1 747
-
6 051
-
total
8 804
-
30 495
-
Corporate
107 760
151 500
-
-
income
22 629
31 815
-
-
total
22 629
31 815
-
-
Dividends
85 131
119 685
-
-
withholding
5 960
8 377
-
-
total
5 960
8 377
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 691
40 192
65 205
70 180
After tax
104 809
111 308
86 295
81 320
Living cost
25 638
25 638
25 638
25 638
Free-cash
79 171
85 670
60 657
55 682

Estimated living cost  is ₽25638 per week

₽18115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37300
₽24270
₽38071
₽36856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 599
pensions
-
-
-
8 235
total
-
-
-
49 834
Employee
89 978
-
132 491
-
pensions
8 680
-
10 247
-
income
16 219
-
32 397
-
health
1 483
-
1 984
-
total
26 382
-
44 628
-
Employer
89 978
-
132 491
-
health
1 709
-
2 517
-
pensions
10 624
-
16 490
-
total
12 333
-
19 007
-
Corporate
49 190
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.

9 346
28 785
-
-
total
9 346
28 785
-
-
Dividends
39 843
122 715
-
-
withholding
2 988
21 820
-
-
total
2 988
21 820
-
-
Income
151 500
151 500
151 500
151 500
Total tax
51 049
50 605
63 635
49 834
After tax
100 451
100 895
87 865
101 666
Living cost
63 595
63 595
63 595
63 595
Free-cash
36 856
37 300
24 270
38 071

Estimated living cost  is ₽63595 per week

₽47653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116926
₽112950
₽107201
₽112458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 725
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
31 692
Employee
16 693
-
144 911
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 466
-
2 949
-
income
1 669
-
14 491
-
health
768
-
1 545
-
total
4 087
-
19 354
-
Employer
16 693
-
144 911
-
health
1 152
-
2 317
-
pensions

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

1 840
-
3 701
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
202
-
total
3 276
-
6 589
-
Corporate
131 531
151 500
-
-
income
13 153
15 150
-
-
total
13 153
15 150
-
-
Dividends
118 379
136 350
-
-
withholding
5 919
6 817
-
-
total
5 919
6 817
-
-
Income
151 500
151 500
151 500
151 500
Total tax
26 435
21 967
25 943
31 692
After tax
125 065
129 533
125 557
119 808
Living cost
12 607
12 607
12 607
12 607
Free-cash
112 458
116 926
112 950
107 201

Estimated living cost  is ₽12607 per week

₽7360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
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.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21387
₽39348
₽31537
₽23805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
43 471
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
66 609
Employee
89 206
82 167
133 619
-
pensions
11 273
11 273
11 273
-
income

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

13 449
13 449
17 779
-
health
11 129
10 727
11 865
-
total
35 851
35 449
40 917
-
Employer
89 206
82 167
133 619
-
health
6 199
5 711
7 097
-
pensions
6 208
5 719
7 108
-
unemployment
3 212
2 958
3 676
-
total
15 619
14 388
17 881
-
Corporate
46 675
54 945
-
-
income
9 334
10 988
-
-
total
9 334
10 988
-
-
Dividends
37 340
43 957
-
-
income
7 935
9 341
-
-
withholding
5 602
6 593
-
-
total
13 537
15 934
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 341
76 759
58 798
66 609
After tax
77 159
74 741
92 702
84 891
Living cost
53 354
53 354
53 354
53 354
Free-cash
23 805
21 387
39 348
31 537

Estimated living cost  is ₽53354 per week

₽39358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80378
₽52951
₽58190
₽71841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 492
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
-
health
-
-
-
20 453
total
-
-
-
69 380
Employee
35 191
-
113 060
-
solidarity contribution
-
-
-
-
social contributions
2 287
-
7 349
-
income
4 223
-
13 567
-
health
4 751
-
15 263
-
total
11 261
-
36 179
-
Employer
35 191
-
113 060
-
health
3 167
-
10 175
-
social contributions
8 798
-
28 265
-
total
11 965
-
38 440
-
Corporate
104 343
151 500
-
-
income
19 825
28 785
-
-
total
19 825
28 785
-
-
Dividends
84 518
122 715
-
-
withholding
12 678
18 407
-
-
total
12 678
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 729
47 192
74 619
69 380
After tax
95 771
104 308
76 881
82 120
Living cost
23 930
23 930
23 930
23 930
Free-cash
71 841
80 378
52 951
58 190

Estimated living cost  is ₽23930 per week

₽16622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40230
₽26012
₽32857
₽35207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 965
regional
-
-
-
1 770
municipal
-
-
-
900
national
-
-
-
36 407
total
-
-
-
78 042
Employee
85 513
-
151 500
-
municipal
453
-
803
-
national
14 817
-
31 439
-
regional
807
-
1 559
-
social contributions
28 835
-
51 086
-
total
44 912
-
84 887
-
Employer
85 513
-
151 500
-
total
-
-
-
-
Corporate
65 987
151 500
-
-
municipal
2 573
5 909
-
-
nationa
15 836
36 360
-
-
total
18 409
42 269
-
-
Dividends
47 578
109 232
-
-
withholding
12 371
28 400
-
-
total
12 371
28 400
-
-
Income
151 500
151 500
151 500
151 500
Total tax
75 692
70 669
84 887
78 042
After tax
75 808
80 831
66 613
73 458
Living cost
40 601
40 601
40 601
40 601
Free-cash
35 207
40 230
26 012
32 857

Estimated living cost  is ₽40601 per week

₽28302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74060
₽45166
₽50665
₽71067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 905
other
-
-
-
-
surtax
-
-
-
5 679
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
79 603
Employee
31 819
-
125 156
-
other
-
-
-
-
unemployment
2 215
-
8 711
-
pensions
2 122
-
8 348
-
surtax
104
-
4 811
-
income
5 334
-
33 696
-
health
813
-
3 192
-
total
10 588
-
58 758
-
Employer
31 819
-
125 156
-
health
1 448
-
5 693
-
pensions
4 242
-
16 683
-
unemployment
1 008
-
3 968
-
other
-
-
-
-
total
6 698
-
26 344
-
Corporate
112 984
151 500
-
-
income
29 375
39 391
-
-
total
29 375
39 391
-
-
Dividends
83 608
112 109
-
-
withholding
12 540
16 817
-
-
total
12 540
16 817
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 201
56 208
85 102
79 603
After tax
92 299
95 292
66 398
71 897
Living cost
21 232
21 232
21 232
21 232
Free-cash
71 067
74 060
45 166
50 665

Estimated living cost  is ₽21232 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57448
₽44418
₽58219
₽62582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 599
pensions
-
-
-
8 235
total
-
-
-
49 834
Employee
60 301
-
132 491
-
pensions
5 118
-
10 247
-
income
10 860
-
32 397
-
health
875
-
1 984
-
total
16 853
-
44 628
-
Employer
60 301
-
132 491
-
health
1 146
-
2 517
-
pensions
6 528
-
16 490
-
total
7 674
-
19 007
-
Corporate
83 526
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.

15 870
28 785
-
-
total
15 870
28 785
-
-
Dividends
67 657
122 715
-
-
withholding
5 074
21 820
-
-
total
5 074
21 820
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 471
50 605
63 635
49 834
After tax
106 029
100 895
87 865
101 666
Living cost
43 447
43 447
43 447
43 447
Free-cash
62 582
57 448
44 418
58 219

Estimated living cost  is ₽43447 per week

₽32550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7268
₽39924
₽47289
₽25484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other

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

-
-
-
3 030
regional
-
-
-
6 853
health
-
-
-
340
city
-
-
-
1 596
national
-
-
-
1 907
pensions
-
-
-
13 939
total
-
-
-
27 665
Employee
89 579
-
135 601
-
unemployment
-
-
-
-
pensions
7 526
-
11 391
-
national
424
-
1 558
-
regional
2 933
-
5 912
-
city
961
-
1 457
-
health
202
-
305
-
total
12 046
-
20 623
-
Employer
89 579
-
135 601
-
health
202
-
305
-
pensions
7 526
-
11 391
-
unemployment
-
-
-
-
other

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

1 791
-
2 711
-
total
9 519
-
14 407
-
Corporate
51 417
151 500
-
-
regional
10 874
32 042
-
-
national
4 370
12 877
-
-
total
15 244
44 919
-
-
Dividends
36 172
106 581
-
-
withholding
12 661
37 303
-
-
total
12 661
37 303
-
-
Income
151 500
151 500
151 500
151 500
Total tax
49 470
82 222
35 030
27 665
After tax
102 030
69 278
116 470
123 835
Living cost
76 546
76 546
76 546
76 546
Free-cash
25 484
-7 268
39 924
47 289

Estimated living cost  is ₽76546 per week

₽49777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30803
₽53546
₽35236
₽46410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
44 836
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.

-
-
-
2 467
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.

-
-
-
6 573
trade
-
-
-
18 310
total
-
-
-
72 186
Employee

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

57 825
-
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.

374
-
2 467
-
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.

6 800
-
44 836
-
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.

6 573
-
6 573
-
total
13 747
-
53 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 675
151 500
-
-
income
14 050
22 725
-
-
surtax

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

772
1 251
-
-
chamber of commerce
278
360
-
-
trade
16 064
25 983
-
-
total
31 164
50 319
-
-
Dividends
62 510
101 181
-
-
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.

840
1 371
-
-
withholding
15 261
24 929
-
-
total
16 101
26 300
-
-
Income
151 500
151 500
151 500
151 500
Total tax
61 012
76 619
53 876
72 186
After tax
90 488
74 881
97 624
79 314
Living cost
44 078
44 078
44 078
44 078
Free-cash
46 410
30 803
53 546
35 236

Estimated living cost  is ₽44078 per week

₽32193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43437
₽52342
₽52747
₽49122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 248
other
-
-
-
4 696
surtax
-
-
-
-
social contributions
-
-
-
4 316
health
-
-
-
5 845
pensions
-
-
-
28 729
total
-
-
-
65 834
Employee
41 180
-
118 398
-
pensions
4 656
-
7 757
-
surtax
-
-
-
-
social contributions
1 174
-
3 374
-
income
2 430
-
22 005
-
total
8 260
-
33 136
-
Employer
41 180
-
118 398
-
health
2 883
-
10 392
-
pensions
6 765
-
13 144
-
unemployment
1 667
-
4 795
-
social contributions
124
-
356
-
other
1 421
-
4 416
-
total
12 860
-
33 103
-
Corporate
97 460
151 500
-
-
income
27 288
42 420
-
-
surtax
-
-
-
-
total
27 288
42 420
-
-
Dividends
70 172
109 080
-
-
surtax
-
-
-
-
social contributions
12 069
18 761
-
-
withholding
8 982
13 963
-
-
total
21 051
32 724
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 459
75 144
66 239
65 834
After tax
82 041
76 356
85 261
85 666
Living cost
32 919
32 919
32 919
32 919
Free-cash
49 122
43 437
52 342
52 747

Estimated living cost  is ₽32919 per week

₽20757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46698
₽55603
₽56008
₽52042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 248
other
-
-
-
4 696
surtax
-
-
-
-
social contributions
-
-
-
4 316
health
-
-
-
5 845
pensions
-
-
-
28 729
total
-
-
-
65 834
Employee
36 759
-
118 398
-
pensions
4 158
-
7 757
-
surtax
-
-
-
-
social contributions
1 048
-
3 374
-
income
1 895
-
22 005
-
total
7 101
-
33 136
-
Employer
36 759
-
118 398
-
health
2 573
-
10 392
-
pensions
6 040
-
13 144
-
unemployment
1 488
-
4 795
-
social contributions
110
-
356
-
other
1 269
-
4 416
-
total
11 480
-
33 103
-
Corporate
103 262
151 500
-
-
income
28 913
42 420
-
-
surtax
-
-
-
-
total
28 913
42 420
-
-
Dividends
74 348
109 080
-
-
surtax
-
-
-
-
social contributions
12 789
18 761
-
-
withholding
9 517
13 963
-
-
total
22 306
32 724
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 800
75 144
66 239
65 834
After tax
81 700
76 356
85 261
85 666
Living cost
29 658
29 658
29 658
29 658
Free-cash
52 042
46 698
55 603
56 008

Estimated living cost  is ₽29658 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72025
₽74296
₽76891
₽72527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 725
social contributions
-
-
-
20 907
health
-
-
-
10 574
total
-
-
-
54 206
Employee
32 624
-
151 500
-
social contributions
4 503
-
20 907
-
income
5 441
-
25 320
-
health
2 277
-
10 574
-
total
12 221
-
56 801
-
Employer
32 624
-
151 500
-
total
-
-
-
-
Corporate
118 876
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%.

5 943
7 576
-
-
total
5 943
7 576
-
-
Dividends
112 933
143 924
-
-
social contributions
15 584
19 862
-
-
withholding
16 939
21 588
-
-
health
7 883
10 046
-
-
total
40 406
51 496
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 570
59 072
56 801
54 206
After tax
92 930
92 428
94 699
97 294
Living cost
20 403
20 403
20 403
20 403
Free-cash
72 527
72 025
74 296
76 891

Estimated living cost  is ₽20403 per week

₽13654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50094
₽5816
₽43804
₽48605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 702
surtax
-
-
-
190
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
606
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
73 792
Employee
48 086
38 344
118 515
-
other
480
383
1 125
-
unemployment
1 442
1 150
3 372
-
pensions
4 925
3 926
11 511
-
income
5 474
2 828
29 722
-
health
1 861
1 484
4 349
-
total
14 182
9 771
50 079
-
Employer
48 086
38 344
118 515
-
chamber of commerce
192
153
475
-
health
1 817
1 450
4 249
-
pensions
6 035
4 813
14 107
-
accident
624
498
1 461
-
unemployment
1 442
1 150
3 372
-
surtax
190
190
190
-
payroll
1 442
1 150
3 555
-
other
2 284
1 820
5 576
-
total
14 026
11 224
32 985
-
Corporate
89 388
101 930
114 863
-
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.

22 347
25 483
28 716
-
total
22 347
25 483
28 716
-
Dividends
67 040
76 447
-
-
withholding
18 436
21 024
-
-
total
18 436
21 024
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 991
67 502
111 780
73 792
After tax
82 509
83 998
39 720
77 708
Living cost
33 904
33 904
33 904
33 904
Free-cash
48 605
50 094
5 816
43 804

Estimated living cost  is ₽33904 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49685
₽19261
₽30671
₽35254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
7 676
social contributions
-
-
-
23 564
national
-
-
-
54 507
total
-
-
-
85 747
Employee

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

68 826
-
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.

599
-
1 021
-
communal

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

3 590
-
6 120
-
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.

5 162
-
8 801
-
national
21 160
-
41 542
-
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.

3 234
-
5 514
-
total
33 745
-
62 998
-
Employer

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

68 826
-
117 341
-
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.

4 232
-
7 216
-
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.

6 099
-
10 397
-
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.

895
-
1 526
-
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.

1 004
-
1 713
-
surtax
7 804
-
13 307
-
total
20 034
-
34 159
-
Corporate
62 640
151 500
-
-
income
12 528
30 299
-
-
surtax
250
606
-
-
total
12 778
30 905
-
-
Dividends
49 863
120 594
-
-
withholding

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

14 607
35 828
-
-
total
14 607
35 828
-
-
Income
151 500
151 500
151 500
151 500
Total tax
81 164
66 733
97 157
85 747
After tax
70 336
84 767
54 343
65 753
Living cost
35 082
35 082
35 082
35 082
Free-cash
35 254
49 685
19 261
30 671

Estimated living cost  is ₽35082 per week

₽22598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3068
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.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66454
₽46440
₽50477
₽59537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
803
income
-
-
-
39 521
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
66 275
Employee
47 895
-
123 069
-
other
47
-
89
-
unemployment
743
-
1 382
-
pensions
2 251
-
4 192
-
income
10 106
-
36 218
-
total
13 147
-
41 881
-
Employer
47 895
-
123 069
-
pensions
11 302
-
21 047
-
accident
948
-
1 766
-
unemployment
2 635
-
4 904
-
other
382
-
714
-
total
15 267
-
28 431
-
Corporate
88 338
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.

13 251
22 725
-
-
total
13 251
22 725
-
-
Dividends
75 088
128 775
-
-
withholding
15 550
27 573
-
-
total
15 550
27 573
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 215
50 298
70 312
66 275
After tax
94 285
101 202
81 188
85 225
Living cost
34 748
34 748
34 748
34 748
Free-cash
59 537
66 454
46 440
50 477

Estimated living cost  is ₽34748 per week

₽25588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37391
₽30668
₽24629
₽25969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
9 575
accident
-
-
-
1 278
income
-
-
-
22 867
surtax
-
-
-
7 510
health
-
-
-
10 645
pensions
-
-
-
22 707
total
-
-
-
74 582
Employee
72 865
-
135 330
-
pensions
5 828
-
10 826
-
surtax
4 466
-
8 293
-
income
7 038
-
27 231
-
health
3 243
-
6 022
-
total
20 575
-
52 372
-
Employer
72 865
-
135 330
-
health
2 222
-
4 127
-
pensions
5 828
-
10 826
-
accident
656
-
1 218
-
total
8 706
-
16 171
-
Corporate
69 929
151 500
-
-
communal
4 720
10 227
-
-
income
10 490
22 725
-
-
surtax
734
1 590
-
-
total
15 944
34 542
-
-
Dividends
53 985
116 957
-
-
income
19 919
9 735
-
-
withholding
8 098
17 543
-
-
total
28 017
27 278
-
-
Income
151 500
151 500
151 500
151 500
Total tax
73 242
61 820
68 543
74 582
After tax
78 258
89 680
82 957
76 918
Living cost
52 289
52 289
52 289
52 289
Free-cash
25 969
37 391
30 668
24 629

Estimated living cost  is ₽52289 per week

₽39224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73680
₽44786
₽50285
₽70622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 905
other
-
-
-
-
surtax
-
-
-
5 679
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
79 603
Employee
32 403
-
125 156
-
other
-
-
-
-
unemployment
2 255
-
8 711
-
pensions
2 162
-
8 348
-
surtax
115
-
4 811
-
income
5 432
-
33 696
-
health
827
-
3 192
-
total
10 791
-
58 758
-
Employer
32 403
-
125 156
-
health
1 474
-
5 693
-
pensions
4 320
-
16 683
-
unemployment
1 028
-
3 968
-
other
-
-
-
-
total
6 822
-
26 344
-
Corporate
112 275
151 500
-
-
income
29 191
39 391
-
-
total
29 191
39 391
-
-
Dividends
83 084
112 109
-
-
withholding
12 462
16 817
-
-
total
12 462
16 817
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 266
56 208
85 102
79 603
After tax
92 234
95 292
66 398
71 897
Living cost
21 612
21 612
21 612
21 612
Free-cash
70 622
73 680
44 786
50 285

Estimated living cost  is ₽21612 per week

₽13048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53712
₽40215
₽47024
₽51575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 965
regional
-
-
-
2 285
municipal
-
-
-
900
national
-
-
-
36 407
total
-
-
-
78 557
Employee
53 374
-
151 500
-
municipal
283
-
803
-
national
8 456
-
31 439
-
regional
719
-
2 038
-
social contributions
17 998
-
51 086
-
total
27 456
-
85 366
-
Employer
53 374
-
151 500
-
total
-
-
-
-
Corporate
98 126
151 500
-
-
municipal
4 877
7 530
-
-
nationa
23 551
36 360
-
-
total
28 428
43 890
-
-
Dividends
69 699
107 610
-
-
withholding
18 122
27 979
-
-
total
18 122
27 979
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 006
71 869
85 366
78 557
After tax
77 494
79 631
66 134
72 943
Living cost
25 919
25 919
25 919
25 919
Free-cash
51 575
53 712
40 215
47 024

Estimated living cost  is ₽25919 per week

₽16119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74820
₽47393
₽52632
₽64300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 492
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
-
health
-
-
-
20 453
total
-
-
-
69 380
Employee
43 365
-
113 060
-
solidarity contribution
-
-
-
-
social contributions
2 819
-
7 349
-
income
5 204
-
13 567
-
health
5 854
-
15 263
-
total
13 877
-
36 179
-
Employer
43 365
-
113 060
-
health
3 903
-
10 175
-
social contributions
10 841
-
28 265
-
total
14 744
-
38 440
-
Corporate
93 391
151 500
-
-
income
17 744
28 785
-
-
total
17 744
28 785
-
-
Dividends
75 647
122 715
-
-
withholding
11 347
18 407
-
-
total
11 347
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 712
47 192
74 619
69 380
After tax
93 788
104 308
76 881
82 120
Living cost
29 488
29 488
29 488
29 488
Free-cash
64 300
74 820
47 393
52 632

Estimated living cost  is ₽29488 per week

₽21929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53406
₽9080
₽47201
₽52925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 702
surtax
-
-
-
-
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
606
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
73 602
Employee
42 060
38 344
118 692
-
other
420
383
1 125
-
unemployment
1 262
1 150
3 372
-
pensions
4 307
3 926
11 511
-
income
3 747
2 828
29 797
-
health
1 627
1 484
4 349
-
total
11 363
9 771
50 154
-
Employer
42 060
38 344
118 692
-
chamber of commerce
168
153
475
-
health
1 590
1 450
4 249
-
pensions
5 279
4 813
14 107
-
accident
546
498
1 461
-
unemployment
1 262
1 150
3 372
-
surtax
-
-
-
-
payroll
1 262
1 150
3 561
-
other
1 998
1 820
5 584
-
total
12 105
11 034
32 809
-
Corporate
97 336
102 120
115 040
-
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.

24 334
25 530
28 760
-
total
24 334
25 530
28 760
-
Dividends
73 002
76 590
-
-
withholding
20 076
21 062
-
-
total
20 076
21 062
-
-
Income
151 500
151 500
151 500
151 500
Total tax
67 878
67 397
111 723
73 602
After tax
83 622
84 103
39 777
77 898
Living cost
30 697
30 697
30 697
30 697
Free-cash
52 925
53 406
9 080
47 201

Estimated living cost  is ₽30697 per week

₽18414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131646
₽108921
₽137706
₽129343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 349
-
151 500
-
income
3 070
-
30 300
-
total
3 070
-
30 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

136 151
151 500
-
-
total
-
-
-
-
Dividends
136 151
151 500
-
-
withholding
6 808
7 575
-
-
total
6 808
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 878
7 575
30 300
1 515
After tax
141 622
143 925
121 200
149 985
Living cost
12 279
12 279
12 279
12 279
Free-cash
129 343
131 646
108 921
137 706

Estimated living cost  is ₽12279 per week

₽8310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78499
₽45083
₽49099
₽70452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 792
unemployment
-
-
-
226
health
-
-
-
14 907
pensions
-
-
-
27 668
total
-
-
-
76 593
Employee

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

42 548
-
131 088
-
unemployment
60
-
184
-
pensions
6 595
-
20 319
-
income
7 337
-
31 224
-
health
2 748
-
8 469
-
total
16 740
-
60 196
-
Employer

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

42 548
-
131 088
-
health
2 834
-
8 732
-
pensions
3 765
-
11 602
-
unemployment
26
-
79
-
total
6 625
-
20 413
-
Corporate
102 328
151 500
-
-
income
19 442
28 786
-
-
total
19 442
28 786
-
-
Dividends
82 885
122 714
-
-
withholding
12 433
18 407
-
-
total
12 433
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 240
47 193
80 609
76 593
After tax
96 260
104 307
70 891
74 907
Living cost
25 808
25 808
25 808
25 808
Free-cash
70 452
78 499
45 083
49 099

Estimated living cost  is ₽25808 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50557
₽97196
₽63083
₽4680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 530
social contributions
-
-
-
17 271
total
-
-
-
46 801
Employee
59 671
-
-
-
social contributions
4 893
-
697
-
income
13 162
-
-
-
total
18 055
-
697
-
Employer
59 671
-
-
-
social contributions
84 136
-
11 991
-
total
84 136
-
11 991
-
Corporate
7 693
151 500
-
-
income
1 693
33 330
-
-
total
1 693
33 330
-
-
Dividends
6 001
118 170
-
-
income
1 320
25 997
-
-
total
1 320
25 997
-
-
Income
151 500
151 500
151 500
151 500
Total tax
105 204
59 327
12 688
46 801
After tax
46 296
92 173
138 812
104 699
Living cost
41 616
41 616
41 616
41 616
Free-cash
4 680
50 557
97 196
63 083

Estimated living cost  is ₽41616 per week

₽27002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
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.
₽10169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55993
₽40622
₽51604
₽55023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 068
surtax
-
-
-
-
social contributions

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

-
-
-
52 647
total
-
-
-
69 715
Employee
44 253
-
122 424
-
surtax
-
-
-
-
social contributions
4 868
-
13 466
-
income
9 205
-
38 155
-
total
14 073
-
51 621
-
Employer
44 253
-
122 424
-
social contributions
10 510
-
29 076
-
total
10 510
-
29 076
-
Corporate
96 737
151 500
-
-
income
20 315
31 815
-
-
surtax
-
-
-
-
total
20 315
31 815
-
-
Dividends
76 422
119 685
-
-
withholding
21 398
33 511
-
-
total
21 398
33 511
-
-
Income
151 500
151 500
151 500
151 500
Total tax
66 296
65 326
80 697
69 715
After tax
85 204
86 174
70 803
81 785
Living cost
30 181
30 181
30 181
30 181
Free-cash
55 023
55 993
40 622
51 604

Estimated living cost  is ₽30181 per week

₽22581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29884
₽38789
₽39194
₽36496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 248
other
-
-
-
4 696
surtax
-
-
-
-
social contributions
-
-
-
4 316
health
-
-
-
5 845
pensions
-
-
-
28 729
total
-
-
-
65 834
Employee
60 263
-
118 398
-
pensions
6 816
-
7 757
-
surtax
-
-
-
-
social contributions
1 716
-
3 374
-
income
5 258
-
22 005
-
total
13 790
-
33 136
-
Employer
60 263
-
118 398
-
health
4 218
-
10 392
-
pensions
9 902
-
13 144
-
unemployment
2 441
-
4 795
-
social contributions
181
-
356
-
other
2 080
-
4 416
-
total
18 822
-
33 103
-
Corporate
72 415
151 500
-
-
income
20 277
42 420
-
-
surtax
-
-
-
-
total
20 277
42 420
-
-
Dividends
52 138
109 080
-
-
surtax
-
-
-
-
social contributions
8 969
18 761
-
-
withholding
6 674
13 963
-
-
total
15 643
32 724
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 532
75 144
66 239
65 834
After tax
82 968
76 356
85 261
85 666
Living cost
46 472
46 472
46 472
46 472
Free-cash
36 496
29 884
38 789
39 194

Estimated living cost  is ₽46472 per week

₽31452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107427
₽87298
₽83273
₽104196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 974
social contributions
-
-
-
33 330
total
-
-
-
39 304
Employee
30 933
-
131 168
-
income
-
-
6 422
-
social contributions
2 010
-
8 525
-
total
2 010
-
14 947
-
Employer
30 933
-
131 168
-
social contributions
4 795
-
20 332
-
total
4 795
-
20 332
-
Corporate
115 772
151 500
-
-
income
11 576
15 150
-
-
total
11 576
15 150
-
-
Dividends
104 196
136 350
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
18 381
15 150
35 279
39 304
After tax
133 119
136 350
116 221
112 196
Living cost
28 923
28 923
28 923
28 923
Free-cash
104 196
107 427
87 298
83 273

Estimated living cost  is ₽28923 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57806
-₽57806
₽44110
-₽57806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
31 032
national
-
-
-
17 207
pensions
-
-
-
833
total
-
-
-
61 125
Employee
195 275
195 275
195 275
-
municipal
41 583
41 583
41 583
-
labour market
15 600
15 600
15 600
-
pensions
278
278
278
-
national
23 856
23 856
23 856
-
total
81 317
81 317
81 317
-
Employer
195 275
195 275
195 275
-
national
23 898
23 898
23 898
-
labour market
15 622
15 622
15 622
-
pensions
555
555
555
-
municipal
41 649
41 649
41 649
-
total
81 724
81 724
81 724
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
163 041
163 041
163 041
61 125
After tax
-11 541
-11 541
-11 541
90 375
Living cost
46 265
46 265
46 265
46 265
Free-cash
-57 806
-57 806
-57 806
44 110

Estimated living cost  is ₽46265 per week

₽31665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8884
₽60418
₽82485
₽9027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
246
income
-
-
-
41 063
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
47 860
Employee
33 278
-
135 178
-
pensions
3 747
-
7 446
-
income
4 565
-
30 680
-
health
3 811
-
15 478
-
total
12 123
-
53 604
-
Employer
33 278
-
135 178
-
pensions
5 411
-
10 753
-
accident
556
-
2 258
-
unemployment
815
-
3 312
-
total
6 782
-
16 323
-
Corporate
111 440
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.

100 296
136 350
-
-
total
100 296
136 350
-
-
Dividends
11 144
15 150
-
-
withholding
2 117
2 879
-
-
total
2 117
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
121 318
139 229
69 927
47 860
After tax
30 182
12 271
81 573
103 640
Living cost
21 155
21 155
21 155
21 155
Free-cash
9 027
-8 884
60 418
82 485

Estimated living cost  is ₽21155 per week

₽15398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59110
₽43676
₽63389
₽61094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 932
municipal
-
-
-
26 921
national
-
-
-
22 317
total
-
-
-
51 170
Employee
50 622
-
127 451
-
municipal
8 292
-
20 768
-
unemployment
760
-
1 912
-
pensions
3 416
-
8 604
-
national
836
-
13 988
-
health
378
-
1 561
-
total
13 682
-
46 833
-
Employer
50 622
-
127 451
-
health
389
-
981
-
pensions
8 783
-
22 112
-
accident
51
-
128
-
unemployment
329
-
829
-
total
9 552
-
24 050
-
Corporate
91 326
151 500
-
-
income
18 265
30 299
-
-
total
18 265
30 299
-
-
Dividends

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

54 796
90 900
-
-
municipal
9 864
16 362
-
-
national
2 102
8 788
-
-
total
11 966
25 150
-
-
Income
151 500
151 500
151 500
151 500
Total tax
53 465
55 449
70 883
51 170
After tax
98 035
96 051
80 617
100 330
Living cost
36 941
36 941
36 941
36 941
Free-cash
61 094
59 110
43 676
63 389

Estimated living cost  is ₽36941 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88302
₽80793
₽82174
₽83066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 617
social contributions
-
-
-
15 568
health
-
-
-
3 864
total
-
-
-
47 049
Employee
73 987
73 987
140 616
-
social contributions
2 797
6 141
8 282
-
income
8 056
6 849
26 874
-
health
573
1 258
2 390
-
total
11 426
14 248
37 546
-
Employer
73 987
73 987
140 616
-
health
623
1 369
2 602
-
social contributions
2 797
6 141
8 282
-
total
3 420
7 510
10 884
-
Corporate
114 376
70 003
-
-
income
14 297
8 750
-
-
total
14 297
8 750
-
-
Dividends
100 079
61 253
-
-
withholding
17 014
10 413
-
-
total
17 014
10 413
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 157
40 921
48 430
47 049
After tax
105 343
110 579
103 070
104 451
Living cost
22 277
22 277
22 277
22 277
Free-cash
83 066
88 302
80 793
82 174

Estimated living cost  is ₽22277 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110182
₽92030
₽111329
₽105285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 265
unemployment
-
-
-
27
health
-
-
-
3 482
pensions
-
-
-
6 120
total
-
-
-
24 894
Employee

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

22 085
-
142 096
-
unemployment
110
-
456
-
pensions
3 312
-
13 694
-
income
1 510
-
12 880
-
health
1 877
-
7 760
-
total
6 809
-
34 790
-
Employer

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

22 085
-
142 096
-
health
949
-
3 926
-
pensions
1 214
-
5 021
-
unemployment
110
-
456
-
total
2 273
-
9 403
-
Corporate
127 141
151 500
-
-
income
11 443
13 634
-
-
total
11 443
13 634
-
-
Dividends
115 698
137 866
-
-
withholding
10 413
12 407
-
-
total
10 413
12 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
30 938
26 041
44 193
24 894
After tax
120 562
125 459
107 307
126 606
Living cost
15 277
15 277
15 277
15 277
Free-cash
105 285
110 182
92 030
111 329

Estimated living cost  is ₽15277 per week

₽9747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽74743
₽54729
₽58766
₽70444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
803
income
-
-
-
39 521
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
66 275
Employee
35 578
-
123 069
-
other
35
-
89
-
unemployment
551
-
1 382
-
pensions
1 673
-
4 192
-
income
6 859
-
36 218
-
total
9 118
-
41 881
-
Employer
35 578
-
123 069
-
pensions
8 396
-
21 047
-
accident
705
-
1 766
-
unemployment
1 957
-
4 904
-
other
285
-
714
-
total
11 343
-
28 431
-
Corporate
104 580
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.

15 687
22 725
-
-
total
15 687
22 725
-
-
Dividends
88 893
128 775
-
-
withholding
18 449
27 573
-
-
total
18 449
27 573
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 597
50 298
70 312
66 275
After tax
96 903
101 202
81 188
85 225
Living cost
26 459
26 459
26 459
26 459
Free-cash
70 444
74 743
54 729
58 766

Estimated living cost  is ₽26459 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92666
₽95374
₽95507
₽92360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
51 770
health
-
-
-
989
pensions
-
-
-
1 364
total
-
-
-
54 123
Employee
2 848
-
149 965
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
51 699
-
health
142
-
341
-
total
977
-
52 722
-
Employer
2 848
-
149 965
-
health
271
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
641
-
1 534
-
Corporate
148 011
151 500
-
-
income
32 562
33 330
-
-
total
32 562
33 330
-
-
Dividends
115 449
118 170
-
-
withholding
23 090
23 634
-
-
total
23 090
23 634
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 270
56 964
54 256
54 123
After tax
94 230
94 536
97 244
97 377
Living cost
1 870
1 870
1 870
1 870
Free-cash
92 360
92 666
95 374
95 507

Estimated living cost  is ₽1870 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92826
₽74143
₽74142
₽88094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 858
unemployment
-
-
-
1 066
health
-
-
-
7 321
pensions
-
-
-
18 480
total
-
-
-
60 725
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.

25 081
-
138 777
-
unemployment
188
-
533
-
pensions
3 511
-
9 951
-
income
3 457
-
33 858
-
health
1 292
-
3 660
-
total
8 448
-
48 002
-
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.

25 081
-
138 777
-
health
1 292
-
3 660
-
pensions
3 010
-
8 529
-
unemployment
188
-
533
-
total
4 490
-
12 722
-
Corporate
121 930
151 500
-
-
income
18 289
22 725
-
-
total
18 289
22 725
-
-
Dividends
103 640
128 775
-
-
withholding
15 546
19 316
-
-
total
15 546
19 316
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 773
42 041
60 724
60 725
After tax
104 727
109 459
90 776
90 775
Living cost
16 633
16 633
16 633
16 633
Free-cash
88 094
92 826
74 143
74 142

Estimated living cost  is ₽16633 per week

₽11199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60234
₽44863
₽55845
₽59886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 068
surtax
-
-
-
-
social contributions

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

-
-
-
52 647
total
-
-
-
69 715
Employee
37 344
-
122 424
-
surtax
-
-
-
-
social contributions
4 108
-
13 466
-
income
7 297
-
38 155
-
total
11 405
-
51 621
-
Employer
37 344
-
122 424
-
social contributions
8 869
-
29 076
-
total
8 869
-
29 076
-
Corporate
105 287
151 500
-
-
income
22 110
31 815
-
-
surtax
-
-
-
-
total
22 110
31 815
-
-
Dividends
83 177
119 685
-
-
withholding
23 290
33 511
-
-
total
23 290
33 511
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 674
65 326
80 697
69 715
After tax
85 826
86 174
70 803
81 785
Living cost
25 940
25 940
25 940
25 940
Free-cash
59 886
60 234
44 863
55 845

Estimated living cost  is ₽25940 per week

₽18372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
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.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67387
₽47373
₽51410
₽60800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
803
income
-
-
-
39 521
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
66 275
Employee
46 469
-
123 069
-
other
46
-
89
-
unemployment
719
-
1 382
-
pensions
2 184
-
4 192
-
income
9 706
-
36 218
-
total
12 655
-
41 881
-
Employer
46 469
-
123 069
-
pensions
10 966
-
21 047
-
accident
920
-
1 766
-
unemployment
2 556
-
4 904
-
other
372
-
714
-
total
14 814
-
28 431
-
Corporate
90 215
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.

13 532
22 725
-
-
total
13 532
22 725
-
-
Dividends
76 684
128 775
-
-
withholding
15 884
27 573
-
-
total
15 884
27 573
-
-
Income
151 500
151 500
151 500
151 500
Total tax
56 885
50 298
70 312
66 275
After tax
94 615
101 202
81 188
85 225
Living cost
33 815
33 815
33 815
33 815
Free-cash
60 800
67 387
47 373
51 410

Estimated living cost  is ₽33815 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112993
₽109017
₽103268
₽107130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 725
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
31 692
Employee
21 902
-
144 911
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 923
-
2 949
-
income
2 191
-
14 491
-
health
1 008
-
1 545
-
total
5 363
-
19 354
-
Employer
21 902
-
144 911
-
health
1 511
-
2 317
-
pensions

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

2 414
-
3 701
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
202
-
total
4 298
-
6 589
-
Corporate
125 301
151 500
-
-
income
12 530
15 150
-
-
total
12 530
15 150
-
-
Dividends
112 770
136 350
-
-
withholding
5 639
6 817
-
-
total
5 639
6 817
-
-
Income
151 500
151 500
151 500
151 500
Total tax
27 830
21 967
25 943
31 692
After tax
123 670
129 533
125 557
119 808
Living cost
16 540
16 540
16 540
16 540
Free-cash
107 130
112 993
109 017
103 268

Estimated living cost  is ₽16540 per week

₽10940
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.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40851
₽60477
₽45156
₽53439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
44 836
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.

-
-
-
2 467
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.

-
-
-
6 573
trade
-
-
-
15 321
total
-
-
-
69 197
Employee

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

47 875
-
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.

217
-
2 467
-
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.

3 937
-
44 836
-
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.

6 573
-
6 573
-
total
10 727
-
53 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 625
151 500
-
-
income
15 544
22 725
-
-
surtax

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

855
1 251
-
-
chamber of commerce
298
369
-
-
trade
14 870
21 739
-
-
total
31 567
46 084
-
-
Dividends
72 059
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.

971
1 430
-
-
withholding
17 649
25 988
-
-
total
18 620
27 418
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 914
73 502
53 876
69 197
After tax
90 586
77 998
97 624
82 303
Living cost
37 147
37 147
37 147
37 147
Free-cash
53 439
40 851
60 477
45 156

Estimated living cost  is ₽37147 per week

₽25625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51241
₽27133
₽27133
₽53364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 697
social contributions
-
-
-
24 860
total
-
-
-
69 557
Employee
75 264
-
151 500
-
income
14 202
-
44 697
-
social contributions
6 253
-
24 860
-
total
20 455
-
69 557
-
Employer
75 264
-
151 500
-
total
-
-
-
-
Corporate
76 236
151 500
-
-
income
9 529
18 937
-
-
total
9 529
18 937
-
-
Dividends
66 706
132 563
-
-
withholding
13 342
26 512
-
-
total
13 342
26 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 326
45 449
69 557
69 557
After tax
108 174
106 051
81 943
81 943
Living cost
54 810
54 810
54 810
54 810
Free-cash
53 364
51 241
27 133
27 133

Estimated living cost  is ₽54810 per week

₽41699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58465
₽73890
₽83294
₽61828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 389
health

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

-
-
-
5 890
total
-
-
-
33 279
Employee
44 139
-
147 074
-
income
4 789
-
33 831
-
social contributions
4 422
-
4 426
-
total
9 211
-
38 257
-
Employer
44 139
-
147 074
-
social contributions
4 422
-
4 426
-
total
4 422
-
4 426
-
Corporate
102 938
151 500
-
-
income
36 029
53 025
-
-
total
36 029
53 025
-
-
Dividends
66 909
98 475
-
-
social contributions
5 083
5 083
-
-
total
5 083
5 083
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 745
58 108
42 683
33 279
After tax
96 755
93 392
108 817
118 221
Living cost
34 927
34 927
34 927
34 927
Free-cash
61 828
58 465
73 890
83 294

Estimated living cost  is ₽34927 per week

₽23007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65574
₽52544
₽66345
₽71205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 599
pensions
-
-
-
8 235
total
-
-
-
49 834
Employee
48 483
-
132 491
-
pensions
3 700
-
10 247
-
income
8 829
-
32 397
-
health
632
-
1 984
-
total
13 161
-
44 628
-
Employer
48 483
-
132 491
-
health
921
-
2 517
-
pensions
4 898
-
16 490
-
total
5 819
-
19 007
-
Corporate
97 198
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.

18 469
28 785
-
-
total
18 469
28 785
-
-
Dividends
78 729
122 715
-
-
withholding
7 525
21 820
-
-
total
7 525
21 820
-
-
Income
151 500
151 500
151 500
151 500
Total tax
44 974
50 605
63 635
49 834
After tax
106 526
100 895
87 865
101 666
Living cost
35 321
35 321
35 321
35 321
Free-cash
71 205
65 574
52 544
66 345

Estimated living cost  is ₽35321 per week

₽24230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10978
₽58324
₽80391
₽8707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
246
income
-
-
-
41 063
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
47 860
Employee
36 572
-
135 178
-
pensions
4 118
-
7 446
-
income
5 017
-
30 680
-
health
4 187
-
15 478
-
total
13 322
-
53 604
-
Employer
36 572
-
135 178
-
pensions
5 946
-
10 753
-
accident
611
-
2 258
-
unemployment
896
-
3 312
-
total
7 453
-
16 323
-
Corporate
107 475
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.

96 727
136 350
-
-
total
96 727
136 350
-
-
Dividends
10 748
15 150
-
-
withholding
2 042
2 879
-
-
total
2 042
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
119 544
139 229
69 927
47 860
After tax
31 956
12 271
81 573
103 640
Living cost
23 249
23 249
23 249
23 249
Free-cash
8 707
-10 978
58 324
80 391

Estimated living cost  is ₽23249 per week

₽17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114513
₽92694
₽72152
₽110019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 711
unemployment
-
-
-
1 818
work injury
-
-
-
758
health insurance
-
-
-
11 211
pensions
-
-
-
27 876
total
-
-
-
66 374
Employee

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

20 758
-
151 500
-
health insurance
1 536
-
5 683
-
unemployment
249
-
922
-
work injury
104
-
384
-
pensions
3 820
-
14 132
-
income
2 076
-
24 711
-
total
7 785
-
45 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 742
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%.

1 307
1 515
-
-
total
1 307
1 515
-
-
Dividends
129 434
149 985
-
-
withholding
19 415
22 498
-
-
total
19 415
22 498
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 507
24 013
45 832
66 374
After tax
122 993
127 487
105 668
85 126
Living cost
12 974
12 974
12 974
12 974
Free-cash
110 019
114 513
92 694
72 152

Estimated living cost  is ₽12974 per week

₽8038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41468
₽26681
₽33334
₽37091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 965
regional
-
-
-
3 450
municipal
-
-
-
1 013
national
-
-
-
36 407
total
-
-
-
79 835
Employee
81 080
-
151 500
-
municipal
484
-
904
-
national
13 702
-
31 439
-
regional
1 224
-
3 059
-
social contributions
27 340
-
51 086
-
total
42 750
-
86 488
-
Employer
81 080
-
151 500
-
total
-
-
-
-
Corporate
70 420
151 500
-
-
municipal
3 394
7 302
-
-
nationa
16 901
36 360
-
-
total
20 295
43 662
-
-
Dividends
50 125
107 839
-
-
withholding
13 033
28 039
-
-
total
13 033
28 039
-
-
Income
151 500
151 500
151 500
151 500
Total tax
76 078
71 701
86 488
79 835
After tax
75 422
79 799
65 012
71 665
Living cost
38 331
38 331
38 331
38 331
Free-cash
37 091
41 468
26 681
33 334

Estimated living cost  is ₽38331 per week

₽26925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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