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
₽46479
₽68031
₽51416
₽57423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
44 303
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.

-
-
-
2 437
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.

-
-
-
6 760
trade
-
-
-
16 615
total
-
-
-
70 115
Employee

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

37 844
-
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.

58
-
2 437
-
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.

1 057
-
44 303
-
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.

6 760
-
6 760
-
total
7 875
-
53 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 656
151 500
-
-
income
17 049
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.

937
1 251
-
-
chamber of commerce
314
368
-
-
trade
17 902
23 861
-
-
total
36 202
48 205
-
-
Dividends
77 455
103 295
-
-
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.

1 044
1 399
-
-
withholding
18 987
25 448
-
-
total
20 031
26 847
-
-
Income
151 500
151 500
151 500
151 500
Total tax
64 108
75 052
53 500
70 115
After tax
87 392
76 448
98 000
81 385
Living cost
29 969
29 969
29 969
29 969
Free-cash
57 423
46 479
68 031
51 416

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42134
₽38715
₽37527
₽41263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 380
national
-
-
-
25 382
pensions
-
-
-
18 180
total
-
-
-
61 571
Employee
81 232
-
130 970
-
municipal
10 033
-
16 967
-
pensions
3 249
-
5 239
-
national
15 548
-
26 291
-
total
28 830
-
48 497
-
Employer
81 232
-
130 970
-
pensions
6 499
-
10 478
-
social contributions
873
-
1 408
-
total
7 372
-
11 886
-
Corporate
57 535
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%.

11 507
30 300
-
-
total
11 507
30 300
-
-
Dividends
46 028
121 200
-
-
withholding
10 126
26 664
-
-
total
10 126
26 664
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 835
56 964
60 383
61 571
After tax
93 665
94 536
91 117
89 929
Living cost
52 402
52 402
52 402
52 402
Free-cash
41 263
42 134
38 715
37 527

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100615
₽71302
₽29373
₽92498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 999
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.

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
101 542
Employee
28 912
-
109 324
-
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.

3 181
-
12 026
-
income
5 147
-
21 251
-
total
8 328
-
33 277
-
Employer
28 912
-
109 324
-
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.

6 964
-
26 336
-
surtax
-
-
-
-
total
6 964
-
26 336
-
Corporate
115 624
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%.

23 125
30 300
-
-
total
23 125
30 300
-
-
Dividends

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

92 499
121 200
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
38 417
30 300
59 613
101 542
After tax
113 083
121 200
91 887
49 958
Living cost
20 585
20 585
20 585
20 585
Free-cash
92 498
100 615
71 302
29 373

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
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.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33217
₽50730
₽43776
₽27155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 481
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
66 275
Employee
84 494
84 494
133 112
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
17 139
-
health
12 969
11 031
12 201
-
total
42 008
36 454
40 933
-
Employer
84 494
84 494
133 112
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
53 246
52 210
-
-
income
10 650
10 442
-
-
total
10 650
10 442
-
-
Dividends
42 596
41 768
-
-
income
9 052
8 876
-
-
withholding
6 390
6 266
-
-
total
15 442
15 142
-
-
Income
151 500
151 500
151 500
151 500
Total tax
82 896
76 834
59 321
66 275
After tax
68 604
74 666
92 179
85 225
Living cost
41 449
41 449
41 449
41 449
Free-cash
27 155
33 217
50 730
43 776

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41902
₽37756
₽38747
₽40987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
37 449
national
-
-
-
8 571
pensions
-
-
-
9 670
total
-
-
-
71 936
Employee
58 161
-
123 393
-
municipal
17 344
-
36 796
-
national
-
-
8 023
-
total
17 344
-
44 819
-
Employer
58 161
-
123 393
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
75 065
151 500
-
-
income
16 514
33 330
-
-
total
16 514
33 330
-
-
Dividends
58 551
118 170
-
-
withholding
17 565
35 451
-
-
total
17 565
35 451
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 696
68 781
72 927
71 936
After tax
81 804
82 719
78 573
79 564
Living cost
40 817
40 817
40 817
40 817
Free-cash
40 987
41 902
37 756
38 747

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36798
₽59131
₽41776
₽50703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
44 303
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.

-
-
-
2 437
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.

-
-
-
6 760
trade
-
-
-
17 355
total
-
-
-
70 855
Employee

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

50 177
-
151 500
-
surtax

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

237
-
2 437
-
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.

4 311
-
44 303
-
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.

6 760
-
6 760
-
total
11 308
-
53 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 323
151 500
-
-
income
15 198
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.

836
1 251
-
-
chamber of commerce
295
366
-
-
trade
16 668
24 922
-
-
total
32 997
49 264
-
-
Dividends
68 327
102 236
-
-
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.

918
1 386
-
-
withholding
16 705
25 183
-
-
total
17 623
26 569
-
-
Income
151 500
151 500
151 500
151 500
Total tax
61 928
75 833
53 500
70 855
After tax
89 572
75 667
98 000
80 645
Living cost
38 869
38 869
38 869
38 869
Free-cash
50 703
36 798
59 131
41 776

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78499
₽71204
₽72599
₽74398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 937
social contributions
-
-
-
16 009
health
-
-
-
3 862
total
-
-
-
46 808
Employee
76 083
76 083
140 386
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
26 186
-
health
757
1 294
2 386
-
total
12 443
14 652
37 089
-
Employer
76 083
76 083
140 386
-
health
824
1 408
2 597
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
11 114
-
Corporate
102 443
67 694
-
-
income
12 806
8 463
-
-
total
12 806
8 463
-
-
Dividends
89 637
59 231
-
-
withholding
15 239
10 070
-
-
total
15 239
10 070
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 009
40 908
48 203
46 808
After tax
106 491
110 592
103 297
104 692
Living cost
32 093
32 093
32 093
32 093
Free-cash
74 398
78 499
71 204
72 599

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
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.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66988
₽69658
₽86785
₽67368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

26 224
10 437
126 778
-
unemployment
393
157
1 902
-
pensions
2 622
1 044
12 678
-
income
3 206
1 276
15 499
-
health
1 836
731
8 874
-
total
8 057
3 208
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.

26 224
10 437
126 778
-
pensions
5 114
2 035
24 722
-
total
5 114
2 035
24 722
-
Corporate
120 162
139 028
-
-
income
10 815
12 513
-
-
total
10 815
12 513
-
-
Dividends
109 347
126 515
-
-
social contributions
21 203
24 551
-
-
withholding
20 776
24 038
-
-
total
41 979
48 589
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 965
66 345
63 675
46 548
After tax
85 535
85 155
87 825
104 952
Living cost
18 167
18 167
18 167
18 167
Free-cash
67 368
66 988
69 658
86 785

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97301
₽63426
₽57305
₽91155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 695
pensions
-
-
-
30 300
total
-
-
-
70 296
Employee
28 069
-
113 228
-
unemployment
449
-
1 812
-
pensions
561
-
2 264
-
income
3 160
-
21 830
-
total
4 170
-
25 906
-
Employer
28 069
-
113 228
-
health
3 648
-
14 719
-
pensions
5 614
-
22 645
-
unemployment
225
-
905
-
total
9 487
-
38 269
-
Corporate
113 943
151 500
-
-
income
22 789
30 300
-
-
total
22 789
30 300
-
-
Dividends
91 154
121 200
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
36 446
30 300
64 175
70 296
After tax
115 054
121 200
87 325
81 204
Living cost
23 899
23 899
23 899
23 899
Free-cash
91 155
97 301
63 426
57 305

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9791
₽59347
₽81594
₽8888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
40 859
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
47 844
Employee
34 705
-
134 894
-
pensions
3 908
-
7 651
-
income
4 761
-
30 389
-
health
3 974
-
15 445
-
total
12 643
-
53 485
-
Employer
34 705
-
134 894
-
pensions
5 643
-
11 048
-
accident
579
-
2 253
-
unemployment
850
-
3 305
-
total
7 072
-
16 606
-
Corporate
109 722
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.

98 750
136 350
-
-
total
98 750
136 350
-
-
Dividends
10 972
15 150
-
-
withholding
2 085
2 879
-
-
total
2 085
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
120 550
139 229
70 091
47 844
After tax
30 950
12 271
81 409
103 656
Living cost
22 062
22 062
22 062
22 062
Free-cash
8 888
-9 791
59 347
81 594

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135825
₽113100
₽141885
₽134306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 125
-
151 500
-
income
2 025
-
30 300
-
total
2 025
-
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%.

141 375
151 500
-
-
total
-
-
-
-
Dividends
141 375
151 500
-
-
withholding
7 069
7 575
-
-
total
7 069
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 094
7 575
30 300
1 515
After tax
142 406
143 925
121 200
149 985
Living cost
8 100
8 100
8 100
8 100
Free-cash
134 306
135 825
113 100
141 885

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84942
₽60049
₽54038
₽78262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 219
other
-
-
-
7 146
health
-
-
-
6 621
pensions

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

-
-
-
36 111
total
-
-
-
71 097
Employee
35 926
-
121 007
-
unemployment
359
-
1 209
-
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.

2 514
-
8 470
-
income
6 185
-
23 221
-
health
503
-
1 694
-
total
9 561
-
34 594
-
Employer
35 926
-
121 007
-
health
503
-
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.

6 108
-
20 570
-
accident
287
-
969
-
unemployment
359
-
1 209
-
other
1 797
-
6 050
-
total
9 054
-
30 492
-
Corporate
106 520
151 500
-
-
income
22 368
31 815
-
-
total
22 368
31 815
-
-
Dividends
84 152
119 685
-
-
withholding
5 890
8 378
-
-
total
5 890
8 378
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 873
40 193
65 086
71 097
After tax
104 627
111 307
86 414
80 403
Living cost
26 365
26 365
26 365
26 365
Free-cash
78 262
84 942
60 049
54 038

Estimated living cost  is ₽26365 per week

₽18628
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.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35624
₽22357
₽36193
₽34034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 945
pensions
-
-
-
8 427
total
-
-
-
49 372
Employee
93 288
-
132 550
-
pensions
9 000
-
10 527
-
income
16 816
-
31 721
-
health
1 537
-
2 009
-
total
27 353
-
44 257
-
Employer
93 288
-
132 550
-
health
1 772
-
2 519
-
pensions
11 015
-
16 432
-
total
12 787
-
18 951
-
Corporate
45 426
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.

8 631
28 786
-
-
total
8 631
28 786
-
-
Dividends
36 796
122 714
-
-
withholding
2 760
21 155
-
-
total
2 760
21 155
-
-
Income
151 500
151 500
151 500
151 500
Total tax
51 531
49 941
63 208
49 372
After tax
99 969
101 559
88 292
102 128
Living cost
65 935
65 935
65 935
65 935
Free-cash
34 034
35 624
22 357
36 193

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116558
₽112268
₽106572
₽111963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
31 954
Employee
17 180
-
144 719
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
14 472
-
health
790
-
1 590
-
total
4 205
-
19 477
-
Employer
17 180
-
144 719
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
130 949
151 500
-
-
income
13 095
15 150
-
-
total
13 095
15 150
-
-
Dividends
117 854
136 350
-
-
withholding
5 892
6 818
-
-
total
5 892
6 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
26 563
21 968
26 258
31 954
After tax
124 937
129 532
125 242
119 546
Living cost
12 974
12 974
12 974
12 974
Free-cash
111 963
116 558
112 268
106 572

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19800
₽37313
₽30359
₽22291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 481
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
66 275
Employee
91 734
84 494
133 112
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
17 139
-
health
11 444
11 031
12 201
-
total
36 867
36 454
40 933
-
Employer
91 734
84 494
133 112
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
43 705
52 210
-
-
income
8 740
10 442
-
-
total
8 740
10 442
-
-
Dividends
34 964
41 768
-
-
income
7 430
8 876
-
-
withholding
5 244
6 266
-
-
total
12 674
15 142
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 343
76 834
59 321
66 275
After tax
77 157
74 666
92 179
85 225
Living cost
54 866
54 866
54 866
54 866
Free-cash
22 291
19 800
37 313
30 359

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79722
₽52295
₽56733
₽70950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 350
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
20 453
total
-
-
-
70 181
Employee
36 156
-
113 060
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
7 349
-
income
4 339
-
13 567
-
health
4 881
-
15 263
-
total
11 570
-
36 179
-
Employer
36 156
-
113 060
-
health
3 254
-
10 175
-
social contributions
9 039
-
28 265
-
total
12 293
-
38 440
-
Corporate
103 051
151 500
-
-
income
19 580
28 785
-
-
total
19 580
28 785
-
-
Dividends
83 471
122 715
-
-
withholding
12 521
18 407
-
-
total
12 521
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 964
47 192
74 619
70 181
After tax
95 536
104 308
76 881
81 319
Living cost
24 586
24 586
24 586
24 586
Free-cash
70 950
79 722
52 295
56 733

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39079
₽25057
₽31989
₽33913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 764
municipal
-
-
-
899
national
-
-
-
36 132
total
-
-
-
77 760
Employee
87 936
-
151 500
-
municipal
466
-
804
-
national
15 237
-
31 248
-
regional
830
-
1 555
-
social contributions
29 652
-
51 085
-
total
46 185
-
84 692
-
Employer
87 936
-
151 500
-
total
-
-
-
-
Corporate
63 564
151 500
-
-
municipal
2 479
5 909
-
-
nationa
15 256
36 361
-
-
total
17 735
42 270
-
-
Dividends
45 830
109 230
-
-
withholding
11 916
28 400
-
-
total
11 916
28 400
-
-
Income
151 500
151 500
151 500
151 500
Total tax
75 836
70 670
84 692
77 760
After tax
75 664
80 830
66 808
73 740
Living cost
41 751
41 751
41 751
41 751
Free-cash
33 913
39 079
25 057
31 989

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73461
₽45036
₽50062
₽70378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 075
other
-
-
-
-
surtax
-
-
-
5 518
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
79 604
Employee
32 720
-
125 155
-
other
-
-
-
-
unemployment
2 278
-
8 710
-
pensions
2 182
-
8 348
-
surtax
107
-
4 724
-
income
5 485
-
33 311
-
health
836
-
3 192
-
total
10 888
-
58 285
-
Employer
32 720
-
125 155
-
health
1 489
-
5 695
-
pensions
4 362
-
16 683
-
unemployment
1 036
-
3 967
-
other
-
-
-
-
total
6 887
-
26 345
-
Corporate
111 892
151 500
-
-
income
29 092
39 389
-
-
total
29 092
39 389
-
-
Dividends
82 800
112 111
-
-
withholding
12 421
16 816
-
-
total
12 421
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 288
56 205
84 630
79 604
After tax
92 212
95 295
66 870
71 896
Living cost
21 834
21 834
21 834
21 834
Free-cash
70 378
73 461
45 036
50 062

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56514
₽43247
₽57083
₽60709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 945
pensions
-
-
-
8 427
total
-
-
-
49 372
Employee
62 519
-
132 550
-
pensions
5 306
-
10 527
-
income
11 260
-
31 721
-
health
908
-
2 009
-
total
17 474
-
44 257
-
Employer
62 519
-
132 550
-
health
1 188
-
2 519
-
pensions
6 768
-
16 432
-
total
7 956
-
18 951
-
Corporate
81 026
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.

15 394
28 786
-
-
total
15 394
28 786
-
-
Dividends
65 632
122 714
-
-
withholding
4 922
21 155
-
-
total
4 922
21 155
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 746
49 941
63 208
49 372
After tax
105 754
101 559
88 292
102 128
Living cost
45 045
45 045
45 045
45 045
Free-cash
60 709
56 514
43 247
57 083

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
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.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8931
₽38394
₽45755
₽24533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other

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

-
-
-
3 029
regional
-
-
-
6 769
health
-
-
-
341
city
-
-
-
1 597
national
-
-
-
1 863
pensions
-
-
-
13 938
total
-
-
-
27 537
Employee
91 524
-
135 599
-
unemployment
-
-
-
-
pensions
7 689
-
11 391
-
national
433
-
1 511
-
regional
2 997
-
5 827
-
city
982
-
1 456
-
health
207
-
305
-
total
12 308
-
20 490
-
Employer
91 524
-
135 599
-
health
207
-
305
-
pensions
7 689
-
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.

1 830
-
2 712
-
total
9 726
-
14 408
-
Corporate
49 244
151 500
-
-
regional
10 415
32 042
-
-
national
4 186
12 878
-
-
total
14 601
44 920
-
-
Dividends
34 643
106 580
-
-
withholding
12 124
37 303
-
-
total
12 124
37 303
-
-
Income
151 500
151 500
151 500
151 500
Total tax
48 759
82 223
34 898
27 537
After tax
102 741
69 277
116 602
123 963
Living cost
78 208
78 208
78 208
78 208
Free-cash
24 533
-8 931
38 394
45 755

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29561
₽52673
₽34580
₽45608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
44 303
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.

-
-
-
2 437
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.

-
-
-
6 760
trade
-
-
-
18 093
total
-
-
-
71 593
Employee

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

59 464
-
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.

385
-
2 437
-
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.

6 992
-
44 303
-
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.

6 760
-
6 760
-
total
14 137
-
53 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 036
151 500
-
-
income
13 805
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.

759
1 251
-
-
chamber of commerce
280
364
-
-
trade
15 784
25 983
-
-
total
30 628
50 323
-
-
Dividends
61 410
101 177
-
-
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.

824
1 371
-
-
withholding
14 976
24 918
-
-
total
15 800
26 289
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 565
76 612
53 500
71 593
After tax
90 935
74 888
98 000
79 907
Living cost
45 327
45 327
45 327
45 327
Free-cash
45 608
29 561
52 673
34 580

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42504
₽51950
₽51890
₽48349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 863
other
-
-
-
4 696
surtax
-
-
-
-
social contributions
-
-
-
4 317
health
-
-
-
5 695
pensions
-
-
-
29 187
total
-
-
-
65 758
Employee
42 347
-
118 665
-
pensions
4 788
-
7 665
-
surtax
-
-
-
-
social contributions
1 207
-
3 380
-
income
2 499
-
21 818
-
total
8 494
-
32 863
-
Employer
42 347
-
118 665
-
health
2 965
-
10 285
-
pensions
6 957
-
13 007
-
unemployment
1 714
-
4 807
-
social contributions
128
-
357
-
other
1 461
-
4 379
-
total
13 225
-
32 835
-
Corporate
95 929
151 500
-
-
income
26 860
42 420
-
-
surtax
-
-
-
-
total
26 860
42 420
-
-
Dividends
69 069
109 080
-
-
surtax
-
-
-
-
social contributions
11 880
18 762
-
-
withholding
8 840
13 962
-
-
total
20 720
32 724
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 299
75 144
65 698
65 758
After tax
82 201
76 356
85 802
85 742
Living cost
33 852
33 852
33 852
33 852
Free-cash
48 349
42 504
51 950
51 890

Estimated living cost  is ₽33852 per week

₽21345
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.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45858
₽55304
₽55244
₽51356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 863
other
-
-
-
4 696
surtax
-
-
-
-
social contributions
-
-
-
4 317
health
-
-
-
5 695
pensions
-
-
-
29 187
total
-
-
-
65 758
Employee
37 800
-
118 665
-
pensions
4 275
-
7 665
-
surtax
-
-
-
-
social contributions
1 078
-
3 380
-
income
1 949
-
21 818
-
total
7 302
-
32 863
-
Employer
37 800
-
118 665
-
health
2 646
-
10 285
-
pensions
6 211
-
13 007
-
unemployment
1 530
-
4 807
-
social contributions
113
-
357
-
other
1 305
-
4 379
-
total
11 805
-
32 835
-
Corporate
101 895
151 500
-
-
income
28 531
42 420
-
-
surtax
-
-
-
-
total
28 531
42 420
-
-
Dividends
73 364
109 080
-
-
surtax
-
-
-
-
social contributions
12 618
18 762
-
-
withholding
9 390
13 962
-
-
total
22 008
32 724
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 646
75 144
65 698
65 758
After tax
81 854
76 356
85 802
85 742
Living cost
30 498
30 498
30 498
30 498
Free-cash
51 356
45 858
55 304
55 244

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71449
₽73857
₽76311
₽71960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 908
health
-
-
-
10 575
total
-
-
-
54 208
Employee
33 548
-
151 500
-
social contributions
4 630
-
20 908
-
income
5 595
-
25 179
-
health
2 341
-
10 575
-
total
12 566
-
56 662
-
Employer
33 548
-
151 500
-
total
-
-
-
-
Corporate
117 952
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%.

5 898
7 574
-
-
total
5 898
7 574
-
-
Dividends
112 054
143 926
-
-
social contributions
15 464
19 862
-
-
withholding
16 809
21 589
-
-
health
7 822
10 045
-
-
total
40 095
51 496
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 559
59 070
56 662
54 208
After tax
92 941
92 430
94 838
97 292
Living cost
20 981
20 981
20 981
20 981
Free-cash
71 960
71 449
73 857
76 311

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49179
₽4659
₽42829
₽47649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 710
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
606
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
73 807
Employee
49 448
39 431
117 873
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
28 886
-
health
1 913
1 527
4 473
-
total
14 583
10 049
49 821
-
Employer
49 448
39 431
117 873
-
chamber of commerce
197
158
471
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
3 536
-
other
2 349
1 872
5 579
-
total
14 423
11 544
33 627
-
Corporate
87 628
100 525
114 118
-
income

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

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

21 907
25 131
28 529
-
total
21 907
25 131
28 529
-
Dividends
65 721
75 395
-
-
withholding
18 074
20 733
-
-
total
18 074
20 733
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 987
67 457
111 977
73 807
After tax
82 513
84 043
39 523
77 693
Living cost
34 864
34 864
34 864
34 864
Free-cash
47 649
49 179
4 659
42 829

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
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.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48700
₽18532
₽29917
₽33864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 672
social contributions
-
-
-
23 625
national
-
-
-
54 210
total
-
-
-
85 507
Employee

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

70 775
-
117 344
-
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.

616
-
1 021
-
communal

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

3 691
-
6 121
-
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.

5 308
-
8 801
-
national
21 759
-
41 275
-
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.

3 325
-
5 517
-
total
34 699
-
62 735
-
Employer

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

70 775
-
117 344
-
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.

4 352
-
7 218
-
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.

6 271
-
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.

920
-
1 525
-
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.

1 033
-
1 712
-
surtax
8 025
-
13 305
-
total
20 601
-
34 157
-
Corporate
60 123
151 500
-
-
income
12 024
30 300
-
-
surtax
240
606
-
-
total
12 264
30 906
-
-
Dividends
47 858
120 594
-
-
withholding

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

13 996
35 818
-
-
total
13 996
35 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
81 560
66 724
96 892
85 507
After tax
69 940
84 776
54 608
65 993
Living cost
36 076
36 076
36 076
36 076
Free-cash
33 864
48 700
18 532
29 917

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65527
₽45392
₽49543
₽58342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
38 711
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
66 224
Employee
49 252
-
122 263
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
35 314
-
total
13 520
-
41 138
-
Employer
49 252
-
122 263
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
86 549
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.

12 982
22 725
-
-
total
12 982
22 725
-
-
Dividends
73 567
128 775
-
-
withholding
15 224
27 515
-
-
total
15 224
27 515
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 425
50 240
70 375
66 224
After tax
94 075
101 260
81 125
85 276
Living cost
35 733
35 733
35 733
35 733
Free-cash
58 342
65 527
45 392
49 543

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36150
₽29722
₽23686
₽24651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 574
accident
-
-
-
1 277
income
-
-
-
22 330
surtax
-
-
-
7 511
health
-
-
-
10 644
pensions
-
-
-
22 708
total
-
-
-
74 044
Employee
74 930
-
135 328
-
pensions
5 993
-
10 827
-
surtax
4 593
-
8 294
-
income
7 237
-
26 692
-
health
3 335
-
6 022
-
total
21 158
-
51 835
-
Employer
74 930
-
135 328
-
health
2 285
-
4 127
-
pensions
5 993
-
10 827
-
accident
674
-
1 219
-
total
8 952
-
16 173
-
Corporate
67 618
151 500
-
-
communal
4 565
10 226
-
-
income
10 143
22 725
-
-
surtax
710
1 590
-
-
total
15 418
34 541
-
-
Dividends
52 200
116 959
-
-
income
19 721
9 496
-
-
withholding
7 830
17 543
-
-
total
27 551
27 039
-
-
Income
151 500
151 500
151 500
151 500
Total tax
73 079
61 580
68 008
74 044
After tax
78 421
89 920
83 492
77 456
Living cost
53 770
53 770
53 770
53 770
Free-cash
24 651
36 150
29 722
23 686

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73071
₽44646
₽49672
₽69921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 075
other
-
-
-
-
surtax
-
-
-
5 518
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
79 604
Employee
33 321
-
125 155
-
other
-
-
-
-
unemployment
2 319
-
8 710
-
pensions
2 223
-
8 348
-
surtax
118
-
4 724
-
income
5 586
-
33 311
-
health
851
-
3 192
-
total
11 097
-
58 285
-
Employer
33 321
-
125 155
-
health
1 515
-
5 695
-
pensions
4 443
-
16 683
-
unemployment
1 057
-
3 967
-
other
-
-
-
-
total
7 015
-
26 345
-
Corporate
111 164
151 500
-
-
income
28 903
39 389
-
-
total
28 903
39 389
-
-
Dividends
82 261
112 111
-
-
withholding
12 340
16 816
-
-
total
12 340
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 355
56 205
84 630
79 604
After tax
92 145
95 295
66 870
71 896
Living cost
22 224
22 224
22 224
22 224
Free-cash
69 921
73 071
44 646
49 672

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52978
₽39672
₽46567
₽50783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 284
municipal
-
-
-
899
national
-
-
-
36 132
total
-
-
-
78 280
Employee
54 886
-
151 500
-
municipal
291
-
804
-
national
8 695
-
31 248
-
regional
739
-
2 038
-
social contributions
18 508
-
51 085
-
total
28 233
-
85 175
-
Employer
54 886
-
151 500
-
total
-
-
-
-
Corporate
96 614
151 500
-
-
municipal
4 801
7 529
-
-
nationa
23 187
36 361
-
-
total
27 988
43 890
-
-
Dividends
68 626
107 610
-
-
withholding
17 843
27 979
-
-
total
17 843
27 979
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 064
71 869
85 175
78 280
After tax
77 436
79 631
66 325
73 220
Living cost
26 653
26 653
26 653
26 653
Free-cash
50 783
52 978
39 672
46 567

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74011
₽46584
₽51022
₽63203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 350
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
20 453
total
-
-
-
70 181
Employee
44 554
-
113 060
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
7 349
-
income
5 346
-
13 567
-
health
6 015
-
15 263
-
total
14 257
-
36 179
-
Employer
44 554
-
113 060
-
health
4 010
-
10 175
-
social contributions
11 138
-
28 265
-
total
15 148
-
38 440
-
Corporate
91 798
151 500
-
-
income
17 442
28 785
-
-
total
17 442
28 785
-
-
Dividends
74 356
122 715
-
-
withholding
11 153
18 407
-
-
total
11 153
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 000
47 192
74 619
70 181
After tax
93 500
104 308
76 881
81 319
Living cost
30 297
30 297
30 297
30 297
Free-cash
63 203
74 011
46 584
51 022

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52582
₽8019
₽46321
₽52096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 710
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
606
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
73 612
Employee
43 251
39 431
118 055
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
28 961
-
health
1 673
1 527
4 473
-
total
11 684
10 049
49 896
-
Employer
43 251
39 431
118 055
-
chamber of commerce
173
158
471
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
3 541
-
other
2 054
1 872
5 586
-
total
12 445
11 349
33 444
-
Corporate
95 802
100 721
114 300
-
income

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

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

23 949
25 179
28 574
-
total
23 949
25 179
28 574
-
Dividends
71 852
75 541
-
-
withholding
19 759
20 774
-
-
total
19 759
20 774
-
-
Income
151 500
151 500
151 500
151 500
Total tax
67 837
67 351
111 914
73 612
After tax
83 663
84 149
39 586
77 888
Living cost
31 567
31 567
31 567
31 567
Free-cash
52 096
52 582
8 019
46 321

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131302
₽108577
₽137362
₽128935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
151 500
-
income
3 156
-
30 300
-
total
3 156
-
30 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

135 721
151 500
-
-
total
-
-
-
-
Dividends
135 721
151 500
-
-
withholding
6 786
7 575
-
-
total
6 786
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 942
7 575
30 300
1 515
After tax
141 558
143 925
121 200
149 985
Living cost
12 623
12 623
12 623
12 623
Free-cash
128 935
131 302
108 577
137 362

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77770
₽44598
₽48613
₽69493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 547
unemployment
-
-
-
227
health
-
-
-
14 907
pensions
-
-
-
27 667
total
-
-
-
76 348
Employee

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

43 753
-
131 088
-
unemployment
62
-
184
-
pensions
6 782
-
20 318
-
income
7 545
-
30 981
-
health
2 826
-
8 468
-
total
17 215
-
59 951
-
Employer

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

43 753
-
131 088
-
health
2 914
-
8 731
-
pensions
3 872
-
11 602
-
unemployment
26
-
79
-
total
6 812
-
20 412
-
Corporate
100 934
151 500
-
-
income
19 178
28 784
-
-
total
19 178
28 784
-
-
Dividends
81 756
122 716
-
-
withholding
12 263
18 407
-
-
total
12 263
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 468
47 191
80 363
76 348
After tax
96 032
104 309
71 137
75 152
Living cost
26 539
26 539
26 539
26 539
Free-cash
69 493
77 770
44 598
48 613

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48746
₽94832
₽61272
₽872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
1 435
151 500
-
-
income
316
33 330
-
-
total
316
33 330
-
-
Dividends
1 119
118 170
-
-
income
246
25 997
-
-
total
246
25 997
-
-
Income
151 500
151 500
151 500
151 500
Total tax
107 201
59 327
13 241
46 801
After tax
44 299
92 173
138 259
104 699
Living cost
43 427
43 427
43 427
43 427
Free-cash
872
48 746
94 832
61 272

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
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.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55137
₽40075
₽50904
₽54140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 914
surtax
-
-
-
-
social contributions

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

-
-
-
52 646
total
-
-
-
69 560
Employee
45 507
-
122 425
-
surtax
-
-
-
-
social contributions
5 006
-
13 467
-
income
9 466
-
37 847
-
total
14 472
-
51 314
-
Employer
45 507
-
122 425
-
social contributions
10 808
-
29 075
-
total
10 808
-
29 075
-
Corporate
95 186
151 500
-
-
income
19 990
31 815
-
-
surtax
-
-
-
-
total
19 990
31 815
-
-
Dividends
75 196
119 685
-
-
withholding
21 054
33 512
-
-
total
21 054
33 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
66 324
65 327
80 389
69 560
After tax
85 176
86 173
71 111
81 940
Living cost
31 036
31 036
31 036
31 036
Free-cash
54 140
55 137
40 075
50 904

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28567
₽38013
₽37953
₽35366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 863
other
-
-
-
4 696
surtax
-
-
-
-
social contributions
-
-
-
4 317
health
-
-
-
5 695
pensions
-
-
-
29 187
total
-
-
-
65 758
Employee
61 971
-
118 665
-
pensions
7 009
-
7 665
-
surtax
-
-
-
-
social contributions
1 765
-
3 380
-
income
5 407
-
21 818
-
total
14 181
-
32 863
-
Employer
61 971
-
118 665
-
health
4 337
-
10 285
-
pensions
10 183
-
13 007
-
unemployment
2 510
-
4 807
-
social contributions
186
-
357
-
other
2 139
-
4 379
-
total
19 355
-
32 835
-
Corporate
70 174
151 500
-
-
income
19 650
42 420
-
-
surtax
-
-
-
-
total
19 650
42 420
-
-
Dividends
50 525
109 080
-
-
surtax
-
-
-
-
social contributions
8 692
18 762
-
-
withholding
6 467
13 962
-
-
total
15 159
32 724
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 345
75 144
65 698
65 758
After tax
83 155
76 356
85 802
85 742
Living cost
47 789
47 789
47 789
47 789
Free-cash
35 366
28 567
38 013
37 953

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106607
₽86645
₽82620
₽103284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 808
social contributions
-
-
-
33 330
total
-
-
-
39 138
Employee
31 810
-
131 169
-
income
-
-
6 256
-
social contributions
2 067
-
8 526
-
total
2 067
-
14 782
-
Employer
31 810
-
131 169
-
social contributions
4 931
-
20 331
-
total
4 931
-
20 331
-
Corporate
114 760
151 500
-
-
income
11 476
15 151
-
-
total
11 476
15 151
-
-
Dividends
103 284
136 349
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
18 474
15 151
35 113
39 138
After tax
133 026
136 349
116 387
112 362
Living cost
29 742
29 742
29 742
29 742
Free-cash
103 284
106 607
86 645
82 620

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63969
-₽63969
₽43036
-₽63969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 051
municipal
-
-
-
30 884
national
-
-
-
17 044
pensions
-
-
-
857
total
-
-
-
60 836
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
167 841
167 841
167 841
60 836
After tax
-16 341
-16 341
-16 341
90 664
Living cost
47 628
47 628
47 628
47 628
Free-cash
-63 969
-63 969
-63 969
43 036

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9466
₽59672
₽81919
₽8938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
40 859
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
47 844
Employee
34 194
-
134 894
-
pensions
3 850
-
7 651
-
income
4 691
-
30 389
-
health
3 915
-
15 445
-
total
12 456
-
53 485
-
Employer
34 194
-
134 894
-
pensions
5 560
-
11 048
-
accident
571
-
2 253
-
unemployment
838
-
3 305
-
total
6 969
-
16 606
-
Corporate
110 338
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.

99 304
136 350
-
-
total
99 304
136 350
-
-
Dividends
11 034
15 150
-
-
withholding
2 096
2 879
-
-
total
2 096
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
120 825
139 229
70 091
47 844
After tax
30 675
12 271
81 409
103 656
Living cost
21 737
21 737
21 737
21 737
Free-cash
8 938
-9 466
59 672
81 919

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58361
₽42937
₽63041
₽60302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 921
municipal
-
-
-
26 924
national
-
-
-
21 627
total
-
-
-
50 472
Employee
52 057
-
127 449
-
municipal
8 526
-
20 769
-
unemployment
781
-
1 911
-
pensions
3 513
-
8 603
-
national
860
-
13 693
-
health
389
-
1 549
-
total
14 069
-
46 525
-
Employer
52 057
-
127 449
-
health
400
-
982
-
pensions
9 032
-
22 113
-
accident
53
-
128
-
unemployment
338
-
828
-
total
9 823
-
24 051
-
Corporate
89 621
151 500
-
-
income
17 924
30 300
-
-
total
17 924
30 300
-
-
Dividends

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

53 773
90 900
-
-
municipal
9 679
16 362
-
-
national
1 716
8 490
-
-
total
11 395
24 852
-
-
Income
151 500
151 500
151 500
151 500
Total tax
53 211
55 152
70 576
50 472
After tax
98 289
96 348
80 924
101 028
Living cost
37 987
37 987
37 987
37 987
Free-cash
60 302
58 361
42 937
63 041

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87684
₽80389
₽81784
₽82301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 937
social contributions
-
-
-
16 009
health
-
-
-
3 862
total
-
-
-
46 808
Employee
76 083
76 083
140 386
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
26 186
-
health
590
1 294
2 386
-
total
11 751
14 652
37 089
-
Employer
76 083
76 083
140 386
-
health
640
1 408
2 597
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
11 114
-
Corporate
113 324
67 694
-
-
income
14 165
8 463
-
-
total
14 165
8 463
-
-
Dividends
99 159
59 231
-
-
withholding
16 858
10 070
-
-
total
16 858
10 070
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 291
40 908
48 203
46 808
After tax
105 209
110 592
103 297
104 692
Living cost
22 908
22 908
22 908
22 908
Free-cash
82 301
87 684
80 389
81 784

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and 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 Larnaca model

Close
Podgorica , Montenegro
₽109747
₽90816
₽110662
₽104714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 226
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
25 129
Employee

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

22 711
-
141 830
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
12 774
-
health
1 930
-
7 980
-
total
7 002
-
35 305
-
Employer

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

22 711
-
141 830
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
126 451
151 500
-
-
income
11 380
13 636
-
-
total
11 380
13 636
-
-
Dividends
115 071
137 864
-
-
withholding
10 357
12 408
-
-
total
10 357
12 408
-
-
Income
151 500
151 500
151 500
151 500
Total tax
31 077
26 044
44 975
25 129
After tax
120 423
125 456
106 525
126 371
Living cost
15 709
15 709
15 709
15 709
Free-cash
104 714
109 747
90 816
110 662

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
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.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74051
₽53916
₽58067
₽69558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
38 711
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
66 224
Employee
36 586
-
122 263
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
35 314
-
total
9 376
-
41 138
-
Employer
36 586
-
122 263
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
103 250
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.

15 487
22 725
-
-
total
15 487
22 725
-
-
Dividends
87 764
128 775
-
-
withholding
18 206
27 515
-
-
total
18 206
27 515
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 733
50 240
70 375
66 224
After tax
96 767
101 260
81 125
85 276
Living cost
27 209
27 209
27 209
27 209
Free-cash
69 558
74 051
53 916
58 067

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
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.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92601
₽95266
₽95404
₽92284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 727
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
54 161
Employee
2 947
-
149 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
51 653
-
health
147
-
353
-
total
1 011
-
52 712
-
Employer
2 947
-
149 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
147 890
151 500
-
-
income
32 536
33 330
-
-
total
32 536
33 330
-
-
Dividends
115 354
118 170
-
-
withholding
23 071
23 634
-
-
total
23 071
23 634
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 281
56 964
54 299
54 161
After tax
94 219
94 536
97 201
97 339
Living cost
1 935
1 935
1 935
1 935
Free-cash
92 284
92 601
95 266
95 404

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92349
₽73009
₽73009
₽87480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 742
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
61 381
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.

25 801
-
138 412
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
33 742
-
health
1 329
-
3 766
-
total
8 691
-
48 293
-
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.

25 801
-
138 412
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
121 080
151 500
-
-
income
18 162
22 725
-
-
total
18 162
22 725
-
-
Dividends
102 918
128 775
-
-
withholding
15 438
19 316
-
-
total
15 438
19 316
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 910
42 041
61 381
61 381
After tax
104 590
109 459
90 119
90 119
Living cost
17 110
17 110
17 110
17 110
Free-cash
87 480
92 349
73 009
73 009

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59498
₽44436
₽55265
₽59142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 914
surtax
-
-
-
-
social contributions

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

-
-
-
52 646
total
-
-
-
69 560
Employee
38 403
-
122 425
-
surtax
-
-
-
-
social contributions
4 225
-
13 467
-
income
7 504
-
37 847
-
total
11 729
-
51 314
-
Employer
38 403
-
122 425
-
social contributions
9 120
-
29 075
-
total
9 120
-
29 075
-
Corporate
103 978
151 500
-
-
income
21 835
31 815
-
-
surtax
-
-
-
-
total
21 835
31 815
-
-
Dividends
82 142
119 685
-
-
withholding
22 999
33 512
-
-
total
22 999
33 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 683
65 327
80 389
69 560
After tax
85 817
86 173
71 111
81 940
Living cost
26 675
26 675
26 675
26 675
Free-cash
59 142
59 498
44 436
55 265

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66487
₽46352
₽50503
₽59639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
38 711
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
66 224
Employee
47 786
-
122 263
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
35 314
-
total
13 014
-
41 138
-
Employer
47 786
-
122 263
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
88 479
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.

13 271
22 725
-
-
total
13 271
22 725
-
-
Dividends
75 208
128 775
-
-
withholding
15 568
27 515
-
-
total
15 568
27 515
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 088
50 240
70 375
66 224
After tax
94 412
101 260
81 125
85 276
Living cost
34 773
34 773
34 773
34 773
Free-cash
59 639
66 487
46 352
50 503

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112509
₽108219
₽102523
₽106479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
31 954
Employee
22 540
-
144 719
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
14 472
-
health
1 037
-
1 590
-
total
5 518
-
19 477
-
Employer
22 540
-
144 719
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
124 537
151 500
-
-
income
12 454
15 150
-
-
total
12 454
15 150
-
-
Dividends
112 083
136 350
-
-
withholding
5 604
6 818
-
-
total
5 604
6 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
27 998
21 968
26 258
31 954
After tax
123 502
129 532
125 242
119 546
Living cost
17 023
17 023
17 023
17 023
Free-cash
106 479
112 509
108 219
102 523

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39807
₽59800
₽44660
₽52750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
44 303
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.

-
-
-
2 437
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.

-
-
-
6 760
trade
-
-
-
15 140
total
-
-
-
68 640
Employee

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

49 231
-
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.

223
-
2 437
-
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.

4 048
-
44 303
-
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.

6 760
-
6 760
-
total
11 031
-
53 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 269
151 500
-
-
income
15 340
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.

843
1 251
-
-
chamber of commerce
300
372
-
-
trade
14 676
21 739
-
-
total
31 159
46 087
-
-
Dividends
71 109
105 413
-
-
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.

958
1 429
-
-
withholding
17 402
25 977
-
-
total
18 360
27 406
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 550
73 493
53 500
68 640
After tax
90 950
78 007
98 000
82 860
Living cost
38 200
38 200
38 200
38 200
Free-cash
52 750
39 807
59 800
44 660

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49687
₽26145
₽26145
₽51872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 245
social contributions
-
-
-
24 747
total
-
-
-
68 992
Employee
77 397
-
151 500
-
income
14 604
-
44 245
-
social contributions
6 430
-
24 747
-
total
21 034
-
68 992
-
Employer
77 397
-
151 500
-
total
-
-
-
-
Corporate
74 103
151 500
-
-
income
9 262
18 938
-
-
total
9 262
18 938
-
-
Dividends
64 841
132 562
-
-
withholding
12 969
26 512
-
-
total
12 969
26 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 265
45 450
68 992
68 992
After tax
108 235
106 050
82 508
82 508
Living cost
56 363
56 363
56 363
56 363
Free-cash
51 872
49 687
26 145
26 145

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
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.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57331
₽73194
₽81413
₽60787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
146 949
-
income
4 925
-
33 287
-
social contributions
4 548
-
4 551
-
total
9 473
-
37 838
-
Employer
45 390
-
146 949
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
101 563
151 500
-
-
income
35 548
53 025
-
-
total
35 548
53 025
-
-
Dividends
66 015
98 475
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 796
58 252
42 389
34 170
After tax
96 704
93 248
109 111
117 330
Living cost
35 917
35 917
35 917
35 917
Free-cash
60 787
57 331
73 194
81 413

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64939
₽51672
₽65508
₽70777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 945
pensions
-
-
-
8 427
total
-
-
-
49 372
Employee
50 266
-
132 550
-
pensions
3 837
-
10 527
-
income
9 154
-
31 721
-
health
656
-
2 009
-
total
13 647
-
44 257
-
Employer
50 266
-
132 550
-
health
955
-
2 519
-
pensions
5 078
-
16 432
-
total
6 033
-
18 951
-
Corporate
95 200
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.

18 088
28 786
-
-
total
18 088
28 786
-
-
Dividends
77 112
122 714
-
-
withholding
6 335
21 155
-
-
total
6 335
21 155
-
-
Income
151 500
151 500
151 500
151 500
Total tax
44 103
49 941
63 208
49 372
After tax
107 397
101 559
88 292
102 128
Living cost
36 620
36 620
36 620
36 620
Free-cash
70 777
64 939
51 672
65 508

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11618
₽57520
₽79767
₽8607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
40 859
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
47 844
Employee
37 578
-
134 894
-
pensions
4 231
-
7 651
-
income
5 155
-
30 389
-
health
4 303
-
15 445
-
total
13 689
-
53 485
-
Employer
37 578
-
134 894
-
pensions
6 110
-
11 048
-
accident
628
-
2 253
-
unemployment
921
-
3 305
-
total
7 659
-
16 606
-
Corporate
106 264
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.

95 637
136 350
-
-
total
95 637
136 350
-
-
Dividends
10 626
15 150
-
-
withholding
2 019
2 879
-
-
total
2 019
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
119 004
139 229
70 091
47 844
After tax
32 496
12 271
81 409
103 656
Living cost
23 889
23 889
23 889
23 889
Free-cash
8 607
-11 618
57 520
79 767

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114118
₽91733
₽71835
₽109487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 633
unemployment
-
-
-
1 818
work injury
-
-
-
758
health insurance
-
-
-
11 211
pensions
-
-
-
27 876
total
-
-
-
66 296
Employee

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

21 391
-
151 500
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
24 633
-
total
8 022
-
46 398
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 109
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%.

1 301
1 515
-
-
total
1 301
1 515
-
-
Dividends
128 808
149 985
-
-
withholding
19 321
22 498
-
-
total
19 321
22 498
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 644
24 013
46 398
66 296
After tax
122 856
127 487
105 102
85 204
Living cost
13 369
13 369
13 369
13 369
Free-cash
109 487
114 118
91 733
71 835

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40383
₽25814
₽32529
₽35881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 445
municipal
-
-
-
1 012
national
-
-
-
36 132
total
-
-
-
79 554
Employee
83 377
-
151 500
-
municipal
498
-
903
-
national
14 090
-
31 248
-
regional
1 259
-
3 033
-
social contributions
28 114
-
51 085
-
total
43 961
-
86 269
-
Employer
83 377
-
151 500
-
total
-
-
-
-
Corporate
68 123
151 500
-
-
municipal
3 284
7 302
-
-
nationa
16 349
36 361
-
-
total
19 633
43 663
-
-
Dividends
48 491
107 837
-
-
withholding
12 608
28 037
-
-
total
12 608
28 037
-
-
Income
151 500
151 500
151 500
151 500
Total tax
76 202
71 700
86 269
79 554
After tax
75 298
79 800
65 231
71 946
Living cost
39 417
39 417
39 417
39 417
Free-cash
35 881
40 383
25 814
32 529

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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