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
₽46497
₽57434
₽51418
₽68039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
trade
-
-
-
16 621
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.

-
-
-
44 315
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.

-
-
-
6 756
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.

-
-
-
2 438
total
-
-
-
70 130
Employee

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

37 822
-
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.

1 057
-
44 315
-
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
-
2 438
-
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.

6 756
-
6 756
-
total
7 871
-
53 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 678
151 500
-
-
income
17 052
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.

938
1 250
-
-
trade
17 904
23 860
-
-
chamber of commerce
313
368
-
-
total
36 207
48 203
-
-
Dividends
77 469
103 297
-
-
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.

1 045
1 400
-
-
withholding
18 991
25 448
-
-
total
20 036
26 848
-
-
Income
151 500
151 500
151 500
151 500
Total tax
64 114
75 051
53 509
70 130
After tax
87 386
76 449
97 991
81 370
Living cost
29 952
29 952
29 952
29 952
Free-cash
57 434
46 497
68 039
51 418

Estimated living cost  is ₽29952 per week

₽18841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40962
₽40071
₽36428
₽37616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 351
national
-
-
-
25 338
pensions
-
-
-
18 180
social contributions
-
-
-
1 629
total
-
-
-
61 498
Employee
83 050
-
130 970
-
national
15 896
-
26 247
-
pensions
3 322
-
5 239
-
municipal
10 258
-
16 938
-
total
29 476
-
48 424
-
Employer
83 050
-
130 970
-
social contributions
893
-
1 408
-
pensions
6 644
-
10 478
-
total
7 537
-
11 886
-
Corporate
55 432
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%.

11 086
30 300
-
-
total
11 086
30 300
-
-
Dividends
44 346
121 200
-
-
withholding
9 756
26 664
-
-
total
9 756
26 664
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 855
56 964
60 310
61 498
After tax
93 645
94 536
91 190
90 002
Living cost
53 574
53 574
53 574
53 574
Free-cash
40 071
40 962
37 616
36 428

Estimated living cost  is ₽53574 per week

₽36414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽802
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100626
₽92515
₽29401
₽71306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
25 005
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.

-
-
-
37 888
total
-
-
-
101 526
Employee
28 895
-
109 341
-
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.

3 179
-
12 027
-
income
5 144
-
21 255
-
surtax
-
-
-
-
total
8 323
-
33 282
-
Employer
28 895
-
109 341
-
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.

6 960
-
26 339
-
surtax
-
-
-
-
total
6 960
-
26 339
-
Corporate
115 645
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%.

23 129
30 301
-
-
total
23 129
30 301
-
-
Dividends

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

92 516
121 199
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
38 412
30 301
59 621
101 526
After tax
113 088
121 199
91 879
49 974
Living cost
20 573
20 573
20 573
20 573
Free-cash
92 515
100 626
71 306
29 401

Estimated living cost  is ₽20573 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33244
₽27185
₽43793
₽50767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 502
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
66 282
Employee
84 445
84 445
133 123
-
pensions
15 200
11 586
11 586
-
income

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

13 822
13 822
17 151
-
health
12 961
11 025
12 194
-
total
41 983
36 433
40 931
-
Employer
84 445
84 445
133 123
-
health
5 870
5 870
7 294
-
pensions
5 877
5 877
7 305
-
unemployment
3 040
3 040
3 778
-
total
14 787
14 787
18 377
-
Corporate
53 303
52 267
-
-
income
10 661
10 454
-
-
total
10 661
10 454
-
-
Dividends
42 643
41 813
-
-
income
9 062
8 886
-
-
withholding
6 397
6 271
-
-
total
15 459
15 157
-
-
Income
151 500
151 500
151 500
151 500
Total tax
82 890
76 831
59 308
66 282
After tax
68 610
74 669
92 192
85 218
Living cost
41 425
41 425
41 425
41 425
Free-cash
27 185
33 244
50 767
43 793

Estimated living cost  is ₽41425 per week

₽29357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
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.
₽7675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43244
₽42359
₽39724
₽38767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
37 703
national
-
-
-
9 534
unemployment
-
-
-
87
accident
-
-
-
173
health
-
-
-
5 399
pensions
-
-
-
9 352
other
-
-
-
10 053
total
-
-
-
72 301
Employee
56 249
-
124 317
-
national
-
-
9 004
-
municipal
16 773
-
37 071
-
total
16 773
-
46 075
-
Employer
56 249
-
124 317
-
health
3 459
-
5 321
-
pensions
6 080
-
9 352
-
accident
113
-
173
-
other
6 536
-
10 053
-
unemployment
1 485
-
2 284
-
total
17 673
-
27 183
-
Corporate
77 578
151 500
-
-
income
17 067
33 330
-
-
total
17 067
33 330
-
-
Dividends
60 511
118 170
-
-
withholding
18 153
35 451
-
-
total
18 153
35 451
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 666
68 781
73 258
72 301
After tax
81 834
82 719
78 242
79 199
Living cost
39 475
39 475
39 475
39 475
Free-cash
42 359
43 244
38 767
39 724

Estimated living cost  is ₽39475 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36821
₽50714
₽41786
₽59144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
trade
-
-
-
17 358
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.

-
-
-
44 315
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.

-
-
-
6 756
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.

-
-
-
2 438
total
-
-
-
70 867
Employee

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

50 147
-
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.

4 309
-
44 315
-
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.

236
-
2 438
-
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.

6 756
-
6 756
-
total
11 301
-
53 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 353
151 500
-
-
income
15 202
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.

837
1 250
-
-
trade
16 673
24 923
-
-
chamber of commerce
295
366
-
-
total
33 007
49 264
-
-
Dividends
68 346
102 237
-
-
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.

920
1 385
-
-
withholding
16 711
25 183
-
-
total
17 631
26 568
-
-
Income
151 500
151 500
151 500
151 500
Total tax
61 939
75 832
53 509
70 867
After tax
89 561
75 668
97 991
80 633
Living cost
38 847
38 847
38 847
38 847
Free-cash
50 714
36 821
59 144
41 786

Estimated living cost  is ₽38847 per week

₽25981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽78521
₽74419
₽72611
₽71217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 951
health
-
-
-
3 864
social contributions
-
-
-
16 000
total
-
-
-
46 815
Employee
76 039
76 039
140 391
-
social contributions
3 695
6 311
8 512
-
income
7 985
7 039
26 201
-
health
756
1 293
2 387
-
total
12 436
14 643
37 100
-
Employer
76 039
76 039
140 391
-
social contributions
3 695
6 311
8 512
-
health
824
1 407
2 597
-
total
4 519
7 718
11 109
-
Corporate
102 471
67 743
-
-
income
12 809
8 467
-
-
total
12 809
8 467
-
-
Dividends
89 662
59 276
-
-
withholding
15 243
10 077
-
-
total
15 243
10 077
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 007
40 905
48 209
46 815
After tax
106 493
110 595
103 291
104 685
Living cost
32 074
32 074
32 074
32 074
Free-cash
74 419
78 521
71 217
72 611

Estimated living cost  is ₽32074 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
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.
₽7105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65821
₽66225
₽85593
₽68466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
2 272
income
-
-
-
18 521
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.

27 945
11 122
126 778
-
pensions
2 794
1 112
12 678
-
unemployment
419
167
1 902
-
income
3 416
1 360
15 499
-
health
1 956
779
8 874
-
total
8 585
3 418
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.

27 945
11 122
126 778
-
pensions
5 449
2 169
24 722
-
total
5 449
2 169
24 722
-
Corporate
118 106
138 210
-
-
income
10 630
12 439
-
-
total
10 630
12 439
-
-
Dividends
107 477
125 771
-
-
social contributions
20 831
24 398
-
-
withholding
20 421
23 896
-
-
total
41 252
48 294
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 916
66 320
63 675
46 548
After tax
85 584
85 180
87 825
104 952
Living cost
19 359
19 359
19 359
19 359
Free-cash
66 225
65 821
68 466
85 593

Estimated living cost  is ₽19359 per week

₽13211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97314
₽91173
₽57320
₽63437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 299
total
-
-
-
70 295
Employee
28 053
-
113 228
-
pensions
561
-
2 265
-
unemployment
448
-
1 811
-
income
3 158
-
21 830
-
total
4 167
-
25 906
-
Employer
28 053
-
113 228
-
health
3 646
-
14 720
-
pensions
5 611
-
22 646
-
unemployment
225
-
906
-
total
9 482
-
38 272
-
Corporate
113 965
151 500
-
-
income
22 793
30 301
-
-
total
22 793
30 301
-
-
Dividends
91 172
121 199
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
36 442
30 301
64 178
70 295
After tax
115 058
121 199
87 322
81 205
Living cost
23 885
23 885
23 885
23 885
Free-cash
91 173
97 314
63 437
57 320

Estimated living cost  is ₽23885 per week

₽16382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9315
₽8961
₽82056
₽59954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
41 024
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
47 858
Employee
33 955
-
135 123
-
pensions
3 823
-
7 486
-
income
4 658
-
30 624
-
health
3 888
-
15 472
-
total
12 369
-
53 582
-
Employer
33 955
-
135 123
-
pensions
5 521
-
10 810
-
accident
567
-
2 257
-
unemployment
832
-
3 311
-
total
6 920
-
16 378
-
Corporate
110 625
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.

99 562
136 350
-
-
total
99 562
136 350
-
-
Dividends
11 063
15 150
-
-
withholding
2 102
2 879
-
-
total
2 102
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
120 953
139 229
69 960
47 858
After tax
30 547
12 271
81 540
103 642
Living cost
21 586
21 586
21 586
21 586
Free-cash
8 961
-9 315
59 954
82 056

Estimated living cost  is ₽21586 per week

₽15820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135432
₽133839
₽141492
₽112707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 616
-
151 500
-
income
2 123
-
30 300
-
total
2 123
-
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%.

140 884
151 500
-
-
total
-
-
-
-
Dividends
140 884
151 500
-
-
withholding
7 045
7 575
-
-
total
7 045
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 168
7 575
30 300
1 515
After tax
142 332
143 925
121 200
149 985
Living cost
8 493
8 493
8 493
8 493
Free-cash
133 839
135 432
112 707
141 492

Estimated living cost  is ₽8493 per week

₽5263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84957
₽78282
₽54074
₽60062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 228
health
-
-
-
6 617
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.

-
-
-
36 090
other
-
-
-
7 142
total
-
-
-
71 077
Employee
35 905
-
121 004
-
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.

2 513
-
8 469
-
unemployment
358
-
1 210
-
income
6 181
-
23 223
-
health
503
-
1 695
-
total
9 555
-
34 597
-
Employer
35 905
-
121 004
-
health
503
-
1 695
-
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.

6 104
-
20 569
-
accident
287
-
968
-
other
1 796
-
6 050
-
unemployment
358
-
1 210
-
total
9 048
-
30 492
-
Corporate
106 546
151 500
-
-
income
22 374
31 815
-
-
total
22 374
31 815
-
-
Dividends
84 172
119 685
-
-
withholding
5 892
8 379
-
-
total
5 892
8 379
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 869
40 194
65 089
71 077
After tax
104 631
111 306
86 411
80 423
Living cost
26 349
26 349
26 349
26 349
Free-cash
78 282
84 957
60 062
54 074

Estimated living cost  is ₽26349 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
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.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35136
₽33211
₽35645
₽21801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 753
pensions
-
-
-
8 484
total
-
-
-
49 237
Employee
94 255
-
132 566
-
pensions
9 093
-
10 609
-
income
16 990
-
31 524
-
health
1 553
-
2 014
-
total
27 636
-
44 147
-
Employer
94 255
-
132 566
-
health
1 790
-
2 518
-
pensions
11 129
-
16 416
-
total
12 919
-
18 934
-
Corporate
44 326
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.

8 422
28 784
-
-
total
8 422
28 784
-
-
Dividends
35 904
122 716
-
-
withholding
2 694
20 962
-
-
total
2 694
20 962
-
-
Income
151 500
151 500
151 500
151 500
Total tax
51 671
49 746
63 081
49 237
After tax
99 829
101 754
88 419
102 263
Living cost
66 618
66 618
66 618
66 618
Free-cash
33 211
35 136
21 801
35 645

Estimated living cost  is ₽66618 per week

₽49918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116488
₽111869
₽106453
₽112138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
139
income
-
-
-
22 725
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
32 003
Employee
17 272
-
144 682
-
pensions

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

1 516
-
3 051
-
income
1 727
-
14 468
-
health
794
-
1 599
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 227
-
19 500
-
Employer
17 272
-
144 682
-
health
1 192
-
2 398
-
pensions

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

1 904
-
3 829
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
209
-
total
3 389
-
6 818
-
Corporate
130 839
151 500
-
-
income
13 084
15 150
-
-
total
13 084
15 150
-
-
Dividends
117 756
136 350
-
-
withholding
5 887
6 818
-
-
total
5 887
6 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
26 587
21 968
26 318
32 003
After tax
124 913
129 532
125 182
119 497
Living cost
13 044
13 044
13 044
13 044
Free-cash
111 869
116 488
112 138
106 453

Estimated living cost  is ₽13044 per week

₽7615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19835
₽22321
₽30384
₽37358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 502
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
66 282
Employee
91 680
84 445
133 123
-
pensions
11 586
11 586
11 586
-
income

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

13 822
13 822
17 151
-
health
11 438
11 025
12 194
-
total
36 846
36 433
40 931
-
Employer
91 680
84 445
133 123
-
health
6 371
5 870
7 294
-
pensions
6 380
5 877
7 305
-
unemployment
3 301
3 040
3 778
-
total
16 052
14 787
18 377
-
Corporate
43 767
52 267
-
-
income
8 754
10 454
-
-
total
8 754
10 454
-
-
Dividends
35 013
41 813
-
-
income
7 441
8 886
-
-
withholding
5 252
6 271
-
-
total
12 693
15 157
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 345
76 831
59 308
66 282
After tax
77 155
74 669
92 192
85 218
Living cost
54 834
54 834
54 834
54 834
Free-cash
22 321
19 835
37 358
30 384

Estimated living cost  is ₽54834 per week

₽40449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4898
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.
₽8859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79684
₽70898
₽56649
₽52257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
14 342
health
-
-
-
20 452
social contributions
-
-
-
35 433
total
-
-
-
70 227
Employee
36 211
-
113 060
-
social contributions
2 354
-
7 349
-
income
4 345
-
13 567
-
solidarity contribution
-
-
-
-
health
4 889
-
15 263
-
total
11 588
-
36 179
-
Employer
36 211
-
113 060
-
social contributions
9 053
-
28 265
-
health
3 259
-
10 175
-
total
12 312
-
38 440
-
Corporate
102 977
151 500
-
-
income
19 566
28 785
-
-
total
19 566
28 785
-
-
Dividends
83 411
122 715
-
-
withholding
12 512
18 407
-
-
total
12 512
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 978
47 192
74 619
70 227
After tax
95 522
104 308
76 881
81 273
Living cost
24 624
24 624
24 624
24 624
Free-cash
70 898
79 684
52 257
56 649

Estimated living cost  is ₽24624 per week

₽17104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
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.
₽5284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39104
₽33941
₽32005
₽25077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
901
national
-
-
-
36 137
regional
-
-
-
1 765
social contributions
-
-
-
38 965
total
-
-
-
77 768
Employee
87 884
-
151 500
-
national
15 228
-
31 252
-
social contributions
29 635
-
51 086
-
municipal
465
-
803
-
regional
829
-
1 555
-
total
46 157
-
84 696
-
Employer
87 884
-
151 500
-
total
-
-
-
-
Corporate
63 616
151 500
-
-
municipal
2 481
5 909
-
-
nationa
15 268
36 360
-
-
total
17 749
42 269
-
-
Dividends
45 867
109 230
-
-
withholding
11 926
28 400
-
-
total
11 926
28 400
-
-
Income
151 500
151 500
151 500
151 500
Total tax
75 832
70 669
84 696
77 768
After tax
75 668
80 831
66 804
73 732
Living cost
41 727
41 727
41 727
41 727
Free-cash
33 941
39 104
25 077
32 005

Estimated living cost  is ₽41727 per week

₽29087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2736
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.
₽9263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73472
₽70395
₽50073
₽45037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
225
income
-
-
-
38 092
health
-
-
-
9 370
surtax
-
-
-
5 523
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
79 606
Employee
32 701
-
125 155
-
pensions
2 181
-
8 347
-
unemployment
2 276
-
8 711
-
income
5 481
-
33 320
-
other
-
-
-
-
surtax
107
-
4 727
-
health
835
-
3 192
-
total
10 880
-
58 297
-
Employer
32 701
-
125 155
-
health
1 488
-
5 695
-
pensions
4 359
-
16 683
-
other
-
-
-
-
unemployment
1 036
-
3 967
-
total
6 883
-
26 345
-
Corporate
111 916
151 500
-
-
income
29 098
39 391
-
-
total
29 098
39 391
-
-
Dividends
82 818
112 109
-
-
withholding
12 423
16 816
-
-
total
12 423
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 284
56 207
84 642
79 606
After tax
92 216
95 293
66 858
71 894
Living cost
21 821
21 821
21 821
21 821
Free-cash
70 395
73 472
45 037
50 073

Estimated living cost  is ₽21821 per week

₽13342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2014
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.
₽5962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56242
₽60161
₽56751
₽42907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 753
pensions
-
-
-
8 484
total
-
-
-
49 237
Employee
63 167
-
132 566
-
pensions
5 361
-
10 609
-
income
11 377
-
31 524
-
health
917
-
2 014
-
total
17 655
-
44 147
-
Employer
63 167
-
132 566
-
health
1 200
-
2 518
-
pensions
6 838
-
16 416
-
total
8 038
-
18 934
-
Corporate
80 295
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.

15 255
28 784
-
-
total
15 255
28 784
-
-
Dividends
65 040
122 716
-
-
withholding
4 879
20 962
-
-
total
4 879
20 962
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 827
49 746
63 081
49 237
After tax
105 673
101 754
88 419
102 263
Living cost
45 512
45 512
45 512
45 512
Free-cash
60 161
56 242
42 907
56 751

Estimated living cost  is ₽45512 per week

₽34097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8137
₽24985
₽46487
₽39128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 597
national
-
-
-
1 883
regional
-
-
-
6 810
health
-
-
-
340
pensions
-
-
-
13 938
other

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

-
-
-
3 030
total
-
-
-
27 598
Employee
90 595
-
135 604
-
national
429
-
1 533
-
city
972
-
1 457
-
pensions
7 611
-
11 389
-
unemployment
-
-
-
-
health
205
-
304
-
regional
2 967
-
5 869
-
total
12 184
-
20 552
-
Employer
90 595
-
135 604
-
health
205
-
304
-
pensions
7 611
-
11 389
-
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.

1 811
-
2 712
-
unemployment
-
-
-
-
total
9 627
-
14 405
-
Corporate
50 281
151 500
-
-
national
4 275
12 878
-
-
regional
10 635
32 041
-
-
total
14 910
44 919
-
-
Dividends
35 371
106 580
-
-
withholding
12 379
37 303
-
-
total
12 379
37 303
-
-
Income
151 500
151 500
151 500
151 500
Total tax
49 100
82 222
34 957
27 598
After tax
102 400
69 278
116 543
123 902
Living cost
77 415
77 415
77 415
77 415
Free-cash
24 985
-8 137
39 128
46 487

Estimated living cost  is ₽77415 per week

₽50342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29589
₽45625
₽34593
₽52691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
trade
-
-
-
18 098
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.

-
-
-
44 315
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.

-
-
-
6 756
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.

-
-
-
2 438
total
-
-
-
71 607
Employee

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

59 429
-
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.

6 988
-
44 315
-
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
-
2 438
-
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.

6 756
-
6 756
-
total
14 129
-
53 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 071
151 500
-
-
income
13 811
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.

760
1 250
-
-
trade
15 789
25 983
-
-
chamber of commerce
280
364
-
-
total
30 640
50 322
-
-
Dividends
61 430
101 178
-
-
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
1 370
-
-
withholding
14 982
24 919
-
-
total
15 806
26 289
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 575
76 611
53 509
71 607
After tax
90 925
74 889
97 991
79 893
Living cost
45 300
45 300
45 300
45 300
Free-cash
45 625
29 589
52 691
34 593

Estimated living cost  is ₽45300 per week

₽33086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42522
₽48366
₽51908
₽51956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 871
health
-
-
-
5 697
surtax
-
-
-
-
pensions
-
-
-
29 177
other
-
-
-
4 697
social contributions
-
-
-
4 318
total
-
-
-
65 760
Employee
42 322
-
118 660
-
pensions
4 785
-
7 666
-
social contributions
1 207
-
3 382
-
income
2 498
-
21 822
-
surtax
-
-
-
-
total
8 490
-
32 870
-
Employer
42 322
-
118 660
-
social contributions
128
-
357
-
health
2 963
-
10 287
-
pensions
6 953
-
13 011
-
other
1 460
-
4 381
-
unemployment
1 713
-
4 806
-
total
13 217
-
32 842
-
Corporate
95 961
151 500
-
-
income
26 869
42 420
-
-
surtax
-
-
-
-
total
26 869
42 420
-
-
Dividends
69 093
109 080
-
-
social contributions
11 882
18 764
-
-
surtax
-
-
-
-
withholding
8 844
13 962
-
-
total
20 726
32 726
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 302
75 146
65 712
65 760
After tax
82 198
76 354
85 788
85 740
Living cost
33 832
33 832
33 832
33 832
Free-cash
48 366
42 522
51 956
51 908

Estimated living cost  is ₽33832 per week

₽21333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
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.
₽9175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45874
₽51367
₽55260
₽55308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 871
health
-
-
-
5 697
surtax
-
-
-
-
pensions
-
-
-
29 177
other
-
-
-
4 697
social contributions
-
-
-
4 318
total
-
-
-
65 760
Employee
37 778
-
118 660
-
pensions
4 273
-
7 666
-
social contributions
1 077
-
3 382
-
income
1 948
-
21 822
-
surtax
-
-
-
-
total
7 298
-
32 870
-
Employer
37 778
-
118 660
-
social contributions
113
-
357
-
health
2 644
-
10 287
-
pensions
6 208
-
13 011
-
other
1 304
-
4 381
-
unemployment
1 529
-
4 806
-
total
11 798
-
32 842
-
Corporate
101 924
151 500
-
-
income
28 539
42 420
-
-
surtax
-
-
-
-
total
28 539
42 420
-
-
Dividends
73 385
109 080
-
-
social contributions
12 624
18 764
-
-
surtax
-
-
-
-
withholding
9 394
13 962
-
-
total
22 018
32 726
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 653
75 146
65 712
65 760
After tax
81 847
76 354
85 788
85 740
Living cost
30 480
30 480
30 480
30 480
Free-cash
51 367
45 874
55 308
55 260

Estimated living cost  is ₽30480 per week

₽17677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
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.
₽9129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71460
₽71973
₽76325
₽73867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 574
social contributions
-
-
-
20 907
total
-
-
-
54 206
Employee
33 528
-
151 500
-
social contributions
4 628
-
20 907
-
income
5 592
-
25 183
-
health
2 340
-
10 574
-
total
12 560
-
56 664
-
Employer
33 528
-
151 500
-
total
-
-
-
-
Corporate
117 972
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
7 576
-
-
total
5 898
7 576
-
-
Dividends
112 074
143 924
-
-
social contributions
15 467
19 862
-
-
health
7 823
10 045
-
-
withholding
16 810
21 588
-
-
total
40 100
51 495
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 558
59 071
56 664
54 206
After tax
92 942
92 429
94 836
97 294
Living cost
20 969
20 969
20 969
20 969
Free-cash
71 973
71 460
73 867
76 325

Estimated living cost  is ₽20969 per week

₽14033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49197
₽47669
₽42851
₽4684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
6 065
income
-
-
-
36 730
chamber of commerce
-
-
-
606
health
-
-
-
8 837
surtax
-
-
-
195
pensions
-
-
-
21 372
total
-
-
-
73 805
Employee
49 419
39 408
117 885
-
pensions
5 061
4 035
11 830
-
unemployment
1 482
1 182
3 466
-
income
5 626
2 907
28 903
-
other
494
394
1 156
-
health
1 912
1 526
4 470
-
total
14 575
10 044
49 825
-
Employer
49 419
39 408
117 885
-
chamber of commerce
197
158
471
-
health
1 867
1 490
4 367
-
payroll
1 482
1 182
3 537
-
pensions
6 202
4 947
14 498
-
surtax
195
195
195
-
accident
642
512
1 501
-
other
2 348
1 871
5 579
-
unemployment
1 482
1 182
3 466
-
total
14 415
11 537
33 614
-
Corporate
87 665
100 555
114 132
-
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.

21 916
25 138
28 533
-
total
21 916
25 138
28 533
-
Dividends
65 749
75 417
-
-
withholding
18 081
20 740
-
-
total
18 081
20 740
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 987
67 459
111 972
73 805
After tax
82 513
84 041
39 528
77 695
Living cost
34 844
34 844
34 844
34 844
Free-cash
47 669
49 197
4 684
42 851

Estimated living cost  is ₽34844 per week

₽23239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48720
₽33891
₽29933
₽18555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
54 216
communal

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

-
-
-
7 673
social contributions
-
-
-
23 623
total
-
-
-
85 512
Employee

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

70 734
-
117 341
-
national
21 747
-
41 279
-
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.

5 305
-
8 801
-
communal

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

3 689
-
6 119
-
unemployment

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

616
-
1 021
-
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.

3 323
-
5 515
-
total
34 680
-
62 735
-
Employer

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

70 734
-
117 341
-
health

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

4 350
-
7 215
-
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.

6 268
-
10 396
-
surtax
8 020
-
13 305
-
accident

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

920
-
1 526
-
unemployment

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

1 032
-
1 713
-
total
20 590
-
34 155
-
Corporate
60 176
151 500
-
-
income
12 034
30 301
-
-
surtax
240
606
-
-
total
12 274
30 907
-
-
Dividends
47 902
120 593
-
-
withholding

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

14 010
35 818
-
-
total
14 010
35 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
81 554
66 725
96 890
85 512
After tax
69 946
84 775
54 610
65 988
Living cost
36 055
36 055
36 055
36 055
Free-cash
33 891
48 720
18 555
29 933

Estimated living cost  is ₽36055 per week

₽23224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65547
₽58367
₽49562
₽45413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
38 728
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
66 226
Employee
49 223
-
122 280
-
pensions
2 314
-
4 309
-
unemployment
764
-
1 421
-
income
10 386
-
35 333
-
other
49
-
92
-
total
13 513
-
41 155
-
Employer
49 223
-
122 280
-
pensions
11 616
-
21 631
-
accident
974
-
1 815
-
other
392
-
734
-
unemployment
2 708
-
5 040
-
total
15 690
-
29 220
-
Corporate
86 587
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.

12 988
22 725
-
-
total
12 988
22 725
-
-
Dividends
73 599
128 775
-
-
withholding
15 230
27 516
-
-
total
15 230
27 516
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 421
50 241
70 375
66 226
After tax
94 079
101 259
81 125
85 274
Living cost
35 712
35 712
35 712
35 712
Free-cash
58 367
65 547
45 413
49 562

Estimated living cost  is ₽35712 per week

₽26298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
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.
₽6365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36176
₽24674
₽23705
₽29743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 278
income
-
-
-
22 342
communal
-
-
-
9 574
health
-
-
-
10 644
surtax
-
-
-
7 510
pensions
-
-
-
22 708
total
-
-
-
74 056
Employee
74 886
-
135 330
-
pensions
5 990
-
10 826
-
income
7 233
-
26 705
-
surtax
4 590
-
8 294
-
health
3 333
-
6 022
-
total
21 146
-
51 847
-
Employer
74 886
-
135 330
-
health
2 284
-
4 127
-
pensions
5 990
-
10 826
-
accident
674
-
1 218
-
total
8 948
-
16 171
-
Corporate
67 666
151 500
-
-
income
10 150
22 725
-
-
surtax
711
1 591
-
-
communal
4 568
10 225
-
-
total
15 429
34 541
-
-
Dividends
52 237
116 958
-
-
income
19 727
9 500
-
-
withholding
7 837
17 544
-
-
total
27 564
27 044
-
-
Income
151 500
151 500
151 500
151 500
Total tax
73 087
61 585
68 018
74 056
After tax
78 413
89 915
83 482
77 444
Living cost
53 739
53 739
53 739
53 739
Free-cash
24 674
36 176
29 743
23 705

Estimated living cost  is ₽53739 per week

₽40312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73082
₽69937
₽49683
₽44647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
225
income
-
-
-
38 092
health
-
-
-
9 370
surtax
-
-
-
5 523
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
79 606
Employee
33 302
-
125 155
-
pensions
2 222
-
8 347
-
unemployment
2 318
-
8 711
-
income
5 583
-
33 320
-
other
-
-
-
-
surtax
118
-
4 727
-
health
850
-
3 192
-
total
11 091
-
58 297
-
Employer
33 302
-
125 155
-
health
1 514
-
5 695
-
pensions
4 440
-
16 683
-
other
-
-
-
-
unemployment
1 057
-
3 967
-
total
7 011
-
26 345
-
Corporate
111 188
151 500
-
-
income
28 908
39 391
-
-
total
28 908
39 391
-
-
Dividends
82 279
112 109
-
-
withholding
12 342
16 816
-
-
total
12 342
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 352
56 207
84 642
79 606
After tax
92 148
95 293
66 858
71 894
Living cost
22 211
22 211
22 211
22 211
Free-cash
69 937
73 082
44 647
49 683

Estimated living cost  is ₽22211 per week

₽13410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
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.
₽6356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52993
₽50800
₽46574
₽39682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
901
national
-
-
-
36 137
regional
-
-
-
2 285
social contributions
-
-
-
38 965
total
-
-
-
78 288
Employee
54 854
-
151 500
-
national
8 690
-
31 252
-
social contributions
18 497
-
51 086
-
municipal
291
-
803
-
regional
738
-
2 039
-
total
28 216
-
85 180
-
Employer
54 854
-
151 500
-
total
-
-
-
-
Corporate
96 646
151 500
-
-
municipal
4 804
7 529
-
-
nationa
23 194
36 360
-
-
total
27 998
43 889
-
-
Dividends
68 648
107 611
-
-
withholding
17 848
27 980
-
-
total
17 848
27 980
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 062
71 869
85 180
78 288
After tax
77 438
79 631
66 320
73 212
Living cost
26 638
26 638
26 638
26 638
Free-cash
50 800
52 993
39 682
46 574

Estimated living cost  is ₽26638 per week

₽16566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
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.
₽6917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73965
₽63140
₽50930
₽46538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
14 342
health
-
-
-
20 452
social contributions
-
-
-
35 433
total
-
-
-
70 227
Employee
44 622
-
113 060
-
social contributions
2 900
-
7 349
-
income
5 355
-
13 567
-
solidarity contribution
-
-
-
-
health
6 024
-
15 263
-
total
14 279
-
36 179
-
Employer
44 622
-
113 060
-
social contributions
11 156
-
28 265
-
health
4 016
-
10 175
-
total
15 172
-
38 440
-
Corporate
91 707
151 500
-
-
income
17 424
28 785
-
-
total
17 424
28 785
-
-
Dividends
74 282
122 715
-
-
withholding
11 142
18 407
-
-
total
11 142
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 017
47 192
74 619
70 227
After tax
93 483
104 308
76 881
81 273
Living cost
30 343
30 343
30 343
30 343
Free-cash
63 140
73 965
46 538
50 930

Estimated living cost  is ₽30343 per week

₽22565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52600
₽52109
₽46342
₽8041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
6 065
income
-
-
-
36 730
chamber of commerce
-
-
-
606
health
-
-
-
8 837
surtax
-
-
-
-
pensions
-
-
-
21 372
total
-
-
-
73 610
Employee
43 226
39 408
118 065
-
pensions
4 427
4 035
11 830
-
unemployment
1 297
1 182
3 466
-
income
3 851
2 907
28 978
-
other
432
394
1 156
-
health
1 672
1 526
4 470
-
total
11 679
10 044
49 900
-
Employer
43 226
39 408
118 065
-
chamber of commerce
173
158
473
-
health
1 634
1 490
4 367
-
payroll
1 297
1 182
3 541
-
pensions
5 425
4 947
14 498
-
surtax
-
-
-
-
accident
561
512
1 501
-
other
2 053
1 871
5 587
-
unemployment
1 297
1 182
3 466
-
total
12 440
11 342
33 433
-
Corporate
95 834
100 750
114 314
-
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.

23 958
25 187
28 578
-
total
23 958
25 187
28 578
-
Dividends
71 876
75 563
-
-
withholding
19 766
20 779
-
-
total
19 766
20 779
-
-
Income
151 500
151 500
151 500
151 500
Total tax
67 843
67 352
111 911
73 610
After tax
83 657
84 148
39 589
77 890
Living cost
31 548
31 548
31 548
31 548
Free-cash
52 109
52 600
8 041
46 342

Estimated living cost  is ₽31548 per week

₽18925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3222
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.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130691
₽128209
₽136751
₽107966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 543
-
151 500
-
income
3 309
-
30 300
-
total
3 309
-
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%.

134 957
151 500
-
-
total
-
-
-
-
Dividends
134 957
151 500
-
-
withholding
6 748
7 575
-
-
total
6 748
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
10 057
7 575
30 300
1 515
After tax
141 443
143 925
121 200
149 985
Living cost
13 234
13 234
13 234
13 234
Free-cash
128 209
130 691
107 966
136 751

Estimated living cost  is ₽13234 per week

₽8956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77784
₽69515
₽48622
₽44605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
151 500
unemployment
-
-
-
227
income
-
-
-
33 552
health
-
-
-
14 907
pensions
-
-
-
27 668
total
-
-
-
76 354
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.

43 728
-
131 089
-
pensions
6 778
-
20 319
-
unemployment
62
-
184
-
income
7 541
-
30 987
-
health
2 824
-
8 469
-
total
17 205
-
59 959
-
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.

43 728
-
131 089
-
health
2 912
-
8 732
-
pensions
3 869
-
11 601
-
unemployment
26
-
79
-
total
6 807
-
20 412
-
Corporate
100 964
151 500
-
-
income
19 182
28 785
-
-
total
19 182
28 785
-
-
Dividends
81 782
122 715
-
-
withholding
12 267
18 407
-
-
total
12 267
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 461
47 192
80 371
76 354
After tax
96 039
104 308
71 129
75 146
Living cost
26 524
26 524
26 524
26 524
Free-cash
69 515
77 784
44 605
48 622

Estimated living cost  is ₽26524 per week

₽18203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
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.
₽6108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45573
-₽9530
₽58099
₽90692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
66 817
-
-
-
social contributions
5 479
-
781
-
income
14 739
-
-
-
total
20 218
-
781
-
Employer
66 817
-
-
-
social contributions
94 212
-
13 427
-
total
94 212
-
13 427
-
Corporate
-
151 500
-
-
income
-
33 330
-
-
total
-
33 330
-
-
Dividends
-
118 170
-
-
income
-
25 997
-
-
total
-
25 997
-
-
Income
151 500
151 500
151 500
151 500
Total tax
114 430
59 327
14 208
46 801
After tax
37 070
92 173
137 292
104 699
Living cost
46 600
46 600
46 600
46 600
Free-cash
-9 530
45 573
90 692
58 099

Estimated living cost  is ₽46600 per week

₽30236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55155
₽54158
₽50918
₽40088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 917
surtax
-
-
-
-
social contributions

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

-
-
-
52 647
total
-
-
-
69 564
Employee
45 480
-
122 425
-
social contributions
5 003
-
13 466
-
income
9 460
-
37 853
-
surtax
-
-
-
-
total
14 463
-
51 319
-
Employer
45 480
-
122 425
-
social contributions
10 801
-
29 075
-
total
10 801
-
29 075
-
Corporate
95 218
151 500
-
-
income
19 997
31 815
-
-
surtax
-
-
-
-
total
19 997
31 815
-
-
Dividends
75 222
119 685
-
-
withholding
21 063
33 512
-
-
total
21 063
33 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
66 324
65 327
80 394
69 564
After tax
85 176
86 173
71 106
81 936
Living cost
31 018
31 018
31 018
31 018
Free-cash
54 158
55 155
40 088
50 918

Estimated living cost  is ₽31018 per week

₽23207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1830
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.
₽5463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28593
₽35389
₽37979
₽38027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 871
health
-
-
-
5 697
surtax
-
-
-
-
pensions
-
-
-
29 177
other
-
-
-
4 697
social contributions
-
-
-
4 318
total
-
-
-
65 760
Employee
61 935
-
118 660
-
pensions
7 005
-
7 666
-
social contributions
1 764
-
3 382
-
income
5 404
-
21 822
-
surtax
-
-
-
-
total
14 173
-
32 870
-
Employer
61 935
-
118 660
-
social contributions
186
-
357
-
health
4 335
-
10 287
-
pensions
10 177
-
13 011
-
other
2 137
-
4 381
-
unemployment
2 509
-
4 806
-
total
19 344
-
32 842
-
Corporate
70 222
151 500
-
-
income
19 663
42 420
-
-
surtax
-
-
-
-
total
19 663
42 420
-
-
Dividends
50 559
109 080
-
-
social contributions
8 698
18 764
-
-
surtax
-
-
-
-
withholding
6 472
13 962
-
-
total
15 170
32 726
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 350
75 146
65 712
65 760
After tax
83 150
76 354
85 788
85 740
Living cost
47 761
47 761
47 761
47 761
Free-cash
35 389
28 593
38 027
37 979

Estimated living cost  is ₽47761 per week

₽32324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3907
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.
₽10875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106626
₽103302
₽82633
₽86659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 812
social contributions
-
-
-
33 330
total
-
-
-
39 142
Employee
31 791
-
131 169
-
social contributions
2 066
-
8 525
-
income
-
-
6 260
-
total
2 066
-
14 785
-
Employer
31 791
-
131 169
-
social contributions
4 928
-
20 331
-
total
4 928
-
20 331
-
Corporate
114 781
151 500
-
-
income
11 479
15 149
-
-
total
11 479
15 149
-
-
Dividends
103 302
136 351
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
18 473
15 149
35 116
39 142
After tax
133 027
136 351
116 384
112 358
Living cost
29 725
29 725
29 725
29 725
Free-cash
103 302
106 626
86 659
82 633

Estimated living cost  is ₽29725 per week

₽19220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63535
-₽63535
₽43110
-₽63535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
30 895
national
-
-
-
17 056
labour market
-
-
-
12 052
pensions
-
-
-
855
total
-
-
-
60 858
Employee
200 620
200 620
200 620
-
national
24 509
24 509
24 509
-
pensions
285
285
285
-
municipal
42 721
42 721
42 721
-
labour market
16 027
16 027
16 027
-
total
83 542
83 542
83 542
-
Employer
200 620
200 620
200 620
-
municipal
42 789
42 789
42 789
-
labour market
16 050
16 050
16 050
-
national
24 552
24 552
24 552
-
pensions
570
570
570
-
total
83 961
83 961
83 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
167 503
167 503
167 503
60 858
After tax
-16 003
-16 003
-16 003
90 642
Living cost
47 532
47 532
47 532
47 532
Free-cash
-63 535
-63 535
-63 535
43 110

Estimated living cost  is ₽47532 per week

₽32531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8996
₽9009
₽82375
₽60273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
41 024
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
47 858
Employee
33 455
-
135 123
-
pensions
3 767
-
7 486
-
income
4 590
-
30 624
-
health
3 831
-
15 472
-
total
12 188
-
53 582
-
Employer
33 455
-
135 123
-
pensions
5 440
-
10 810
-
accident
559
-
2 257
-
unemployment
820
-
3 311
-
total
6 819
-
16 378
-
Corporate
111 227
151 500
-
-
income

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

100 104
136 350
-
-
total
100 104
136 350
-
-
Dividends
11 123
15 150
-
-
withholding
2 113
2 879
-
-
total
2 113
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
121 224
139 229
69 960
47 858
After tax
30 276
12 271
81 540
103 642
Living cost
21 267
21 267
21 267
21 267
Free-cash
9 009
-8 996
60 273
82 375

Estimated living cost  is ₽21267 per week

₽15480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1212
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58375
₽60319
₽63047
₽42953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
151 500
municipal
-
-
-
26 925
national
-
-
-
21 643
health
-
-
-
1 920
total
-
-
-
50 488
Employee
52 026
-
127 450
-
national
859
-
13 698
-
pensions
3 511
-
8 602
-
unemployment
781
-
1 912
-
municipal
8 521
-
20 770
-
health
388
-
1 550
-
total
14 060
-
46 532
-
Employer
52 026
-
127 450
-
health
400
-
981
-
pensions
9 026
-
22 113
-
accident
53
-
128
-
unemployment
338
-
828
-
total
9 817
-
24 050
-
Corporate
89 657
151 500
-
-
income
17 931
30 301
-
-
total
17 931
30 301
-
-
Dividends

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

53 795
90 899
-
-
municipal
9 683
16 362
-
-
national
1 725
8 497
-
-
total
11 408
24 859
-
-
Income
151 500
151 500
151 500
151 500
Total tax
53 216
55 160
70 582
50 488
After tax
98 284
96 340
80 918
101 012
Living cost
37 965
37 965
37 965
37 965
Free-cash
60 319
58 375
42 953
63 047

Estimated living cost  is ₽37965 per week

₽24799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽87700
₽82318
₽81790
₽80396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 951
health
-
-
-
3 864
social contributions
-
-
-
16 000
total
-
-
-
46 815
Employee
76 039
76 039
140 391
-
social contributions
2 875
6 311
8 512
-
income
8 279
7 039
26 201
-
health
589
1 293
2 387
-
total
11 743
14 643
37 100
-
Employer
76 039
76 039
140 391
-
social contributions
2 875
6 311
8 512
-
health
640
1 407
2 597
-
total
3 515
7 718
11 109
-
Corporate
113 347
67 743
-
-
income
14 168
8 467
-
-
total
14 168
8 467
-
-
Dividends
99 179
59 276
-
-
withholding
16 861
10 077
-
-
total
16 861
10 077
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 287
40 905
48 209
46 815
After tax
105 213
110 595
103 291
104 685
Living cost
22 895
22 895
22 895
22 895
Free-cash
82 318
87 700
80 396
81 790

Estimated living cost  is ₽22895 per week

₽13721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2246
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.
₽6422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109757
₽104727
₽110676
₽90841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
151 500
unemployment
-
-
-
28
income
-
-
-
15 227
health
-
-
-
3 579
pensions
-
-
-
6 290
total
-
-
-
25 124
Employee

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

22 698
-
141 836
-
pensions
3 404
-
14 074
-
unemployment
113
-
469
-
income
1 552
-
12 776
-
health
1 929
-
7 975
-
total
6 998
-
35 294
-
Employer

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

22 698
-
141 836
-
health
976
-
4 035
-
pensions
1 248
-
5 161
-
unemployment
113
-
469
-
total
2 337
-
9 665
-
Corporate
126 466
151 500
-
-
income
11 381
13 635
-
-
total
11 381
13 635
-
-
Dividends
115 084
137 865
-
-
withholding
10 357
12 408
-
-
total
10 357
12 408
-
-
Income
151 500
151 500
151 500
151 500
Total tax
31 073
26 043
44 959
25 124
After tax
120 427
125 457
106 541
126 376
Living cost
15 700
15 700
15 700
15 700
Free-cash
104 727
109 757
90 841
110 676

Estimated living cost  is ₽15700 per week

₽10017
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.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74066
₽69578
₽58081
₽53932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
38 728
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
66 226
Employee
36 564
-
122 280
-
pensions
1 719
-
4 309
-
unemployment
567
-
1 421
-
income
7 049
-
35 333
-
other
36
-
92
-
total
9 371
-
41 155
-
Employer
36 564
-
122 280
-
pensions
8 628
-
21 631
-
accident
724
-
1 815
-
other
293
-
734
-
unemployment
2 012
-
5 040
-
total
11 657
-
29 220
-
Corporate
103 279
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.

15 491
22 725
-
-
total
15 491
22 725
-
-
Dividends
87 788
128 775
-
-
withholding
18 210
27 516
-
-
total
18 210
27 516
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 729
50 241
70 375
66 226
After tax
96 771
101 259
81 125
85 274
Living cost
27 193
27 193
27 193
27 193
Free-cash
69 578
74 066
53 932
58 081

Estimated living cost  is ₽27193 per week

₽18355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
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.
₽5748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92863
₽92590
₽95819
₽95701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 902
health
-
-
-
885
pensions
-
-
-
1 221
total
-
-
-
54 008
Employee
2 549
-
150 127
-
pensions
229
-
549
-
unemployment
25
-
61
-
income
493
-
51 838
-
health
127
-
305
-
total
874
-
52 753
-
Employer
2 549
-
150 127
-
health
242
-
580
-
pensions
280
-
671
-
unemployment
51
-
122
-
total
573
-
1 373
-
Corporate
148 378
151 500
-
-
income
32 643
33 330
-
-
total
32 643
33 330
-
-
Dividends
115 735
118 170
-
-
withholding
23 147
23 634
-
-
total
23 147
23 634
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 237
56 964
54 126
54 008
After tax
94 263
94 536
97 374
97 492
Living cost
1 673
1 673
1 673
1 673
Free-cash
92 590
92 863
95 701
95 819

Estimated living cost  is ₽1673 per week

₽994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92380
₽87521
₽73082
₽73083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
151 500
unemployment
-
-
-
1 095
income
-
-
-
33 750
health
-
-
-
7 518
pensions
-
-
-
18 976
total
-
-
-
61 339
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.

25 754
-
138 436
-
pensions
3 606
-
10 218
-
unemployment
193
-
547
-
income
3 550
-
33 750
-
health
1 326
-
3 759
-
total
8 675
-
48 274
-
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.

25 754
-
138 436
-
health
1 326
-
3 759
-
pensions
3 091
-
8 758
-
unemployment
193
-
547
-
total
4 610
-
13 064
-
Corporate
121 136
151 500
-
-
income
18 170
22 725
-
-
total
18 170
22 725
-
-
Dividends
102 965
128 775
-
-
withholding
15 445
19 316
-
-
total
15 445
19 316
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 900
42 041
61 338
61 339
After tax
104 600
109 459
90 162
90 161
Living cost
17 079
17 079
17 079
17 079
Free-cash
87 521
92 380
73 083
73 082

Estimated living cost  is ₽17079 per week

₽11499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59514
₽59158
₽55277
₽44447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 917
surtax
-
-
-
-
social contributions

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

-
-
-
52 647
total
-
-
-
69 564
Employee
38 380
-
122 425
-
social contributions
4 222
-
13 466
-
income
7 499
-
37 853
-
surtax
-
-
-
-
total
11 721
-
51 319
-
Employer
38 380
-
122 425
-
social contributions
9 114
-
29 075
-
total
9 114
-
29 075
-
Corporate
104 005
151 500
-
-
income
21 841
31 815
-
-
surtax
-
-
-
-
total
21 841
31 815
-
-
Dividends
82 164
119 685
-
-
withholding
23 007
33 512
-
-
total
23 007
33 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 683
65 327
80 394
69 564
After tax
85 817
86 173
71 106
81 936
Living cost
26 659
26 659
26 659
26 659
Free-cash
59 158
59 514
44 447
55 277

Estimated living cost  is ₽26659 per week

₽18882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
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.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66506
₽59663
₽50521
₽46372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
38 728
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
66 226
Employee
47 758
-
122 280
-
pensions
2 244
-
4 309
-
unemployment
739
-
1 421
-
income
9 975
-
35 333
-
other
47
-
92
-
total
13 005
-
41 155
-
Employer
47 758
-
122 280
-
pensions
11 271
-
21 631
-
accident
946
-
1 815
-
other
383
-
734
-
unemployment
2 627
-
5 040
-
total
15 227
-
29 220
-
Corporate
88 516
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.

13 277
22 725
-
-
total
13 277
22 725
-
-
Dividends
75 239
128 775
-
-
withholding
15 575
27 516
-
-
total
15 575
27 516
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 084
50 241
70 375
66 226
After tax
94 416
101 259
81 125
85 274
Living cost
34 753
34 753
34 753
34 753
Free-cash
59 663
66 506
46 372
50 521

Estimated living cost  is ₽34753 per week

₽24958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2702
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.
₽6604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112418
₽106354
₽102383
₽108068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
unemployment
-
-
-
139
income
-
-
-
22 725
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
32 003
Employee
22 661
-
144 682
-
pensions

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

1 989
-
3 051
-
income
2 267
-
14 468
-
health
1 043
-
1 599
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 548
-
19 500
-
Employer
22 661
-
144 682
-
health
1 564
-
2 398
-
pensions

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

2 497
-
3 829
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
209
-
total
4 446
-
6 818
-
Corporate
124 393
151 500
-
-
income
12 440
15 150
-
-
total
12 440
15 150
-
-
Dividends
111 953
136 350
-
-
withholding
5 598
6 818
-
-
total
5 598
6 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 032
21 968
26 318
32 003
After tax
123 468
129 532
125 182
119 497
Living cost
17 114
17 114
17 114
17 114
Free-cash
106 354
112 418
108 068
102 383

Estimated living cost  is ₽17114 per week

₽11319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
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.
₽4408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39831
₽52765
₽44672
₽59814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
trade
-
-
-
15 142
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.

-
-
-
44 315
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.

-
-
-
6 756
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.

-
-
-
2 438
total
-
-
-
68 651
Employee

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

49 202
-
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.

4 046
-
44 315
-
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
-
2 438
-
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.

6 756
-
6 756
-
total
11 025
-
53 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 298
151 500
-
-
income
15 345
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.

844
1 250
-
-
trade
14 680
21 740
-
-
chamber of commerce
300
372
-
-
total
31 169
46 087
-
-
Dividends
71 128
105 414
-
-
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.

957
1 428
-
-
withholding
17 407
25 977
-
-
total
18 364
27 405
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 558
73 492
53 509
68 651
After tax
90 942
78 008
97 991
82 849
Living cost
38 177
38 177
38 177
38 177
Free-cash
52 765
39 831
59 814
44 672

Estimated living cost  is ₽38177 per week

₽26336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49720
₽51904
₽26164
₽26164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 255
social contributions
-
-
-
24 751
total
-
-
-
69 006
Employee
77 351
-
151 500
-
social contributions
6 426
-
24 751
-
income
14 596
-
44 255
-
total
21 022
-
69 006
-
Employer
77 351
-
151 500
-
total
-
-
-
-
Corporate
74 149
151 500
-
-
income
9 268
18 938
-
-
total
9 268
18 938
-
-
Dividends
64 880
132 562
-
-
withholding
12 976
26 512
-
-
total
12 976
26 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 266
45 450
69 006
69 006
After tax
108 234
106 050
82 494
82 494
Living cost
56 330
56 330
56 330
56 330
Free-cash
51 904
49 720
26 164
26 164

Estimated living cost  is ₽56330 per week

₽42855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4590
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.
₽8347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57356
₽60811
₽81342
₽73206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 148
health

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

-
-
-
6 114
total
-
-
-
34 262
Employee
45 363
-
146 951
-
social contributions
4 545
-
4 549
-
income
4 922
-
33 300
-
total
9 467
-
37 849
-
Employer
45 363
-
146 951
-
social contributions
4 545
-
4 549
-
total
4 545
-
4 549
-
Corporate
101 592
151 500
-
-
income
35 557
53 024
-
-
total
35 557
53 024
-
-
Dividends
66 035
98 476
-
-
social contributions
5 224
5 224
-
-
total
5 224
5 224
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 793
58 248
42 398
34 262
After tax
96 707
93 252
109 102
117 238
Living cost
35 896
35 896
35 896
35 896
Free-cash
60 811
57 356
73 206
81 342

Estimated living cost  is ₽35896 per week

₽23645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2830
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.
₽8871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64754
₽70652
₽65263
₽51419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 753
pensions
-
-
-
8 484
total
-
-
-
49 237
Employee
50 787
-
132 566
-
pensions
3 876
-
10 609
-
income
9 249
-
31 524
-
health
663
-
2 014
-
total
13 788
-
44 147
-
Employer
50 787
-
132 566
-
health
965
-
2 518
-
pensions
5 131
-
16 416
-
total
6 096
-
18 934
-
Corporate
94 616
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.

17 978
28 784
-
-
total
17 978
28 784
-
-
Dividends
76 639
122 716
-
-
withholding
5 986
20 962
-
-
total
5 986
20 962
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 848
49 746
63 081
49 237
After tax
107 652
101 754
88 419
102 263
Living cost
37 000
37 000
37 000
37 000
Free-cash
70 652
64 754
51 419
65 263

Estimated living cost  is ₽37000 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
-₽11102
₽8685
₽80269
₽58167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
41 024
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
47 858
Employee
36 766
-
135 123
-
pensions
4 140
-
7 486
-
income
5 044
-
30 624
-
health
4 210
-
15 472
-
total
13 394
-
53 582
-
Employer
36 766
-
135 123
-
pensions
5 978
-
10 810
-
accident
614
-
2 257
-
unemployment
901
-
3 311
-
total
7 493
-
16 378
-
Corporate
107 241
151 500
-
-
income

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

96 517
136 350
-
-
total
96 517
136 350
-
-
Dividends
10 724
15 150
-
-
withholding
2 038
2 879
-
-
total
2 038
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
119 442
139 229
69 960
47 858
After tax
32 058
12 271
81 540
103 642
Living cost
23 373
23 373
23 373
23 373
Free-cash
8 685
-11 102
58 167
80 269

Estimated living cost  is ₽23373 per week

₽17153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
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.
₽4387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽114123
₽109494
₽71840
₽91747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
151 500
unemployment
-
-
-
1 818
health insurance
-
-
-
11 211
income
-
-
-
24 634
work injury
-
-
-
757
pensions
-
-
-
27 876
total
-
-
-
66 296
Employee

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

21 382
-
151 500
-
work injury
107
-
396
-
pensions
3 934
-
14 556
-
unemployment
257
-
949
-
income
2 138
-
24 634
-
health insurance
1 582
-
5 854
-
total
8 018
-
46 389
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 118
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
128 817
149 985
-
-
withholding
19 323
22 498
-
-
total
19 323
22 498
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 642
24 013
46 389
66 296
After tax
122 858
127 487
105 111
85 204
Living cost
13 364
13 364
13 364
13 364
Free-cash
109 494
114 123
91 747
71 840

Estimated living cost  is ₽13364 per week

₽8279
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.
₽3697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽40406
₽35907
₽32547
₽25828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 013
national
-
-
-
36 137
regional
-
-
-
3 444
social contributions
-
-
-
38 965
total
-
-
-
79 559
Employee
83 328
-
151 500
-
national
14 082
-
31 252
-
social contributions
28 098
-
51 086
-
municipal
497
-
905
-
regional
1 258
-
3 035
-
total
43 935
-
86 278
-
Employer
83 328
-
151 500
-
total
-
-
-
-
Corporate
68 172
151 500
-
-
municipal
3 286
7 302
-
-
nationa
16 362
36 360
-
-
total
19 648
43 662
-
-
Dividends
48 524
107 838
-
-
withholding
12 616
28 038
-
-
total
12 616
28 038
-
-
Income
151 500
151 500
151 500
151 500
Total tax
76 199
71 700
86 278
79 559
After tax
75 301
79 800
65 222
71 941
Living cost
39 394
39 394
39 394
39 394
Free-cash
35 907
40 406
25 828
32 547

Estimated living cost  is ₽39394 per week

₽27672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
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.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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