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
₽47995
₽68866
₽51879
₽58382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
income

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

-
-
-
45 291
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.

-
-
-
2 491
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.

-
-
-
6 414
trade
-
-
-
16 987
total
-
-
-
71 183
Employee

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

35 910
-
151 500
-
surtax

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

55
-
2 491
-
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.

1 003
-
45 291
-
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.

6 414
-
6 414
-
total
7 472
-
54 196
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 590
151 500
-
-
income
17 338
22 726
-
-
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.

953
1 251
-
-
chamber of commerce
308
360
-
-
trade
18 205
23 861
-
-
total
36 804
48 198
-
-
Dividends
78 785
103 303
-
-
surtax

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

1 064
1 400
-
-
withholding
19 340
25 469
-
-
total
20 404
26 869
-
-
Income
151 500
151 500
151 500
151 500
Total tax
64 680
75 067
54 196
71 183
After tax
86 820
76 433
97 304
80 317
Living cost
28 438
28 438
28 438
28 438
Free-cash
58 382
47 995
68 866
51 879

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44585
₽41012
₽39824
₽43755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
1 629
municipal
-
-
-
16 440
national
-
-
-
25 476
pensions
-
-
-
18 180
total
-
-
-
61 725
Employee
77 434
-
130 970
-
municipal
9 564
-
17 027
-
pensions
3 097
-
5 239
-
national
14 821
-
26 385
-
total
27 482
-
48 651
-
Employer
77 434
-
130 970
-
pensions
6 195
-
10 478
-
social contributions
832
-
1 408
-
total
7 027
-
11 886
-
Corporate
61 929
151 500
-
-
income

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

12 386
30 300
-
-
total
12 386
30 300
-
-
Dividends
49 543
121 200
-
-
withholding
10 899
26 664
-
-
total
10 899
26 664
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 794
56 964
60 537
61 725
After tax
93 706
94 536
90 963
89 775
Living cost
49 951
49 951
49 951
49 951
Free-cash
43 755
44 585
41 012
39 824

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101667
₽71467
₽31553
₽93965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
151 500
income
-
-
-
25 808
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.

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
100 414
Employee
27 434
-
110 817
-
surtax
-
-
-
-
social contributions

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

3 018
-
12 190
-
income
4 884
-
21 615
-
total
7 902
-
33 805
-
Employer
27 434
-
110 817
-
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.

6 608
-
26 695
-
surtax
-
-
-
-
total
6 608
-
26 695
-
Corporate
117 457
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%.

23 492
30 300
-
-
total
23 492
30 300
-
-
Dividends

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

93 965
121 200
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
38 002
30 300
60 500
100 414
After tax
113 498
121 200
91 000
51 086
Living cost
19 533
19 533
19 533
19 533
Free-cash
93 965
101 667
71 467
31 553

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
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.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35470
₽53816
₽45276
₽29717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 316
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
66 893
Employee
80 176
80 176
134 052
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
18 328
-
health
12 306
10 467
11 577
-
total
39 862
34 591
40 905
-
Employer
80 176
80 176
134 052
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
58 267
57 284
-
-
income
11 654
11 456
-
-
total
11 654
11 456
-
-
Dividends
46 613
45 827
-
-
income
9 906
9 739
-
-
withholding
6 991
6 874
-
-
total
16 897
16 613
-
-
Income
151 500
151 500
151 500
151 500
Total tax
82 452
76 699
58 353
66 893
After tax
69 048
74 801
93 147
84 607
Living cost
39 331
39 331
39 331
39 331
Free-cash
29 717
35 470
53 816
45 276

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44956
₽40053
₽40969
₽44106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
38 028
national
-
-
-
10 764
pensions
-
-
-
8 947
total
-
-
-
72 768
Employee
53 808
-
125 496
-
municipal
16 046
-
37 423
-
national
-
-
10 257
-
total
16 046
-
47 680
-
Employer
53 808
-
125 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
80 785
151 500
-
-
income
17 773
33 330
-
-
total
17 773
33 330
-
-
Dividends
63 012
118 170
-
-
withholding
18 904
35 451
-
-
total
18 904
35 451
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 631
68 781
73 684
72 768
After tax
81 869
82 719
77 816
78 732
Living cost
37 763
37 763
37 763
37 763
Free-cash
44 106
44 956
40 053
40 969

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38770
₽60421
₽42681
₽51964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
income

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

-
-
-
45 291
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.

-
-
-
2 491
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.

-
-
-
6 414
trade
-
-
-
17 740
total
-
-
-
71 936
Employee

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

47 612
-
151 500
-
surtax

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

224
-
2 491
-
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.

4 091
-
45 291
-
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.

6 414
-
6 414
-
total
10 729
-
54 196
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 888
151 500
-
-
income
15 583
22 726
-
-
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.

857
1 251
-
-
chamber of commerce
290
358
-
-
trade
17 090
24 922
-
-
total
33 820
49 257
-
-
Dividends
70 067
102 243
-
-
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.

944
1 386
-
-
withholding
17 160
25 204
-
-
total
18 104
26 590
-
-
Income
151 500
151 500
151 500
151 500
Total tax
62 653
75 847
54 196
71 936
After tax
88 847
75 653
97 304
79 564
Living cost
36 883
36 883
36 883
36 883
Free-cash
51 964
38 770
60 421
42 681

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80112
₽72420
₽73792
₽76220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 201
social contributions
-
-
-
15 191
health
-
-
-
3 863
total
-
-
-
47 255
Employee
72 195
72 195
140 813
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
27 463
-
health
718
1 228
2 395
-
total
11 807
13 903
37 940
-
Employer
72 195
72 195
140 813
-
health
782
1 336
2 605
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
10 687
-
Corporate
104 950
71 977
-
-
income
13 119
8 998
-
-
total
13 119
8 998
-
-
Dividends
91 831
62 979
-
-
withholding
15 611
10 706
-
-
total
15 611
10 706
-
-
Income
151 500
151 500
151 500
151 500
Total tax
44 827
40 935
48 627
47 255
After tax
106 673
110 565
102 873
104 245
Living cost
30 453
30 453
30 453
30 453
Free-cash
76 220
80 112
72 420
73 792

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68304
₽71001
₽88128
₽68655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
18 521
unemployment
-
-
-
2 272
health
-
-
-
10 605
pensions
-
-
-
15 150
total
-
-
-
46 548
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 286
9 665
126 778
-
unemployment
364
145
1 902
-
pensions
2 429
967
12 678
-
income
2 969
1 182
15 499
-
health
1 700
677
8 874
-
total
7 462
2 971
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.

24 286
9 665
126 778
-
pensions
4 736
1 885
24 722
-
total
4 736
1 885
24 722
-
Corporate
122 479
139 950
-
-
income
11 023
12 595
-
-
total
11 023
12 595
-
-
Dividends
111 456
127 354
-
-
social contributions
21 623
24 724
-
-
withholding
21 177
24 197
-
-
total
42 800
48 921
-
-
Income
151 500
151 500
151 500
151 500
Total tax
66 021
66 372
63 675
46 548
After tax
85 479
85 128
87 825
104 952
Living cost
16 824
16 824
16 824
16 824
Free-cash
68 655
68 304
71 001
88 128

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98523
₽64645
₽58527
₽92689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
20 301
health
-
-
-
19 695
pensions
-
-
-
30 300
total
-
-
-
70 296
Employee
26 635
-
113 229
-
unemployment
426
-
1 812
-
pensions
533
-
2 265
-
income
2 999
-
21 831
-
total
3 958
-
25 908
-
Employer
26 635
-
113 229
-
health
3 462
-
14 720
-
pensions
5 327
-
22 645
-
unemployment
214
-
905
-
total
9 003
-
38 270
-
Corporate
115 863
151 500
-
-
income
23 173
30 300
-
-
total
23 173
30 300
-
-
Dividends
92 690
121 200
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
36 134
30 300
64 178
70 296
After tax
115 366
121 200
87 322
81 204
Living cost
22 677
22 677
22 677
22 677
Free-cash
92 689
98 523
64 645
58 527

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8660
₽60795
₽82692
₽9061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
41 250
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
47 877
Employee
32 926
-
135 438
-
pensions
3 708
-
7 259
-
income
4 517
-
30 945
-
health
3 770
-
15 508
-
total
11 995
-
53 712
-
Employer
32 926
-
135 438
-
pensions
5 354
-
10 482
-
accident
550
-
2 262
-
unemployment
807
-
3 318
-
total
6 711
-
16 062
-
Corporate
111 864
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.

100 677
136 350
-
-
total
100 677
136 350
-
-
Dividends
11 186
15 150
-
-
withholding
2 125
2 879
-
-
total
2 125
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
121 508
139 229
69 774
47 877
After tax
29 992
12 271
81 726
103 623
Living cost
20 931
20 931
20 931
20 931
Free-cash
9 061
-8 660
60 795
82 692

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136374
₽113649
₽142434
₽134959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
151 500
microenterprise

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

-
-
-
1 515
total
-
-
-
1 515
Employee
9 438
-
151 500
-
income
1 887
-
30 300
-
total
1 887
-
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%.

142 062
151 500
-
-
total
-
-
-
-
Dividends
142 062
151 500
-
-
withholding
7 103
7 575
-
-
total
7 103
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
8 990
7 575
30 300
1 515
After tax
142 510
143 925
121 200
149 985
Living cost
7 551
7 551
7 551
7 551
Free-cash
134 959
136 374
113 649
142 434

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86289
₽61182
₽57084
₽79951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 070
other
-
-
-
6 781
health
-
-
-
6 282
pensions

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

-
-
-
34 266
total
-
-
-
69 399
Employee
34 090
-
121 006
-
unemployment
340
-
1 210
-
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.

2 386
-
8 470
-
income
5 869
-
23 435
-
health
477
-
1 694
-
total
9 072
-
34 809
-
Employer
34 090
-
121 006
-
health
477
-
1 694
-
pensions

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

5 796
-
20 570
-
accident
273
-
967
-
unemployment
340
-
1 210
-
other
1 705
-
6 051
-
total
8 591
-
30 492
-
Corporate
108 819
151 500
-
-
income
22 852
31 816
-
-
total
22 852
31 816
-
-
Dividends
85 967
119 684
-
-
withholding
6 017
8 378
-
-
total
6 017
8 378
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 532
40 194
65 301
69 399
After tax
104 968
111 306
86 199
82 101
Living cost
25 017
25 017
25 017
25 017
Free-cash
79 951
86 289
61 182
57 084

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37729
₽24758
₽38550
₽37575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
41 767
pensions
-
-
-
8 187
total
-
-
-
49 954
Employee
89 130
-
132 477
-
pensions
8 599
-
10 176
-
income
16 067
-
32 571
-
health
1 469
-
1 977
-
total
26 135
-
44 724
-
Employer
89 130
-
132 477
-
health
1 693
-
2 516
-
pensions
10 524
-
16 506
-
total
12 217
-
19 022
-
Corporate
50 153
151 500
-
-
income

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

9 530
28 785
-
-
total
9 530
28 785
-
-
Dividends
40 623
122 715
-
-
withholding
3 047
21 990
-
-
total
3 047
21 990
-
-
Income
151 500
151 500
151 500
151 500
Total tax
50 929
50 775
63 746
49 954
After tax
100 571
100 725
87 754
101 546
Living cost
62 996
62 996
62 996
62 996
Free-cash
37 575
37 729
24 758
38 550

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽117222
₽113498
₽107708
₽112863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
22 725
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
31 482
Employee
16 300
-
145 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
14 507
-
health
750
-
1 509
-
total
3 990
-
19 257
-
Employer
16 300
-
145 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
132 001
151 500
-
-
income
13 200
15 150
-
-
total
13 200
15 150
-
-
Dividends
118 801
136 350
-
-
withholding
5 940
6 818
-
-
total
5 940
6 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
26 327
21 968
25 692
31 482
After tax
125 173
129 532
125 808
120 018
Living cost
12 310
12 310
12 310
12 310
Free-cash
112 863
117 222
113 498
107 708

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22739
₽41085
₽32545
₽25099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 316
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
66 893
Employee
87 046
80 176
134 052
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
18 328
-
health
10 859
10 467
11 577
-
total
34 983
34 591
40 905
-
Employer
87 046
80 176
134 052
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
49 213
57 284
-
-
income
9 842
11 456
-
-
total
9 842
11 456
-
-
Dividends
39 371
45 827
-
-
income
8 367
9 739
-
-
withholding
5 906
6 874
-
-
total
14 273
16 613
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 339
76 699
58 353
66 893
After tax
77 161
74 801
93 147
84 607
Living cost
52 062
52 062
52 062
52 062
Free-cash
25 099
22 739
41 085
32 545

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81318
₽53891
₽60280
₽73116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
14 695
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
20 453
total
-
-
-
68 230
Employee
33 809
-
113 060
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
7 349
-
income
4 057
-
13 567
-
health
4 564
-
15 263
-
total
10 819
-
36 179
-
Employer
33 809
-
113 060
-
health
3 043
-
10 175
-
social contributions
8 452
-
28 265
-
total
11 495
-
38 440
-
Corporate
106 195
151 500
-
-
income
20 177
28 785
-
-
total
20 177
28 785
-
-
Dividends
86 018
122 715
-
-
withholding
12 903
18 407
-
-
total
12 903
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 394
47 192
74 619
68 230
After tax
96 106
104 308
76 881
83 270
Living cost
22 990
22 990
22 990
22 990
Free-cash
73 116
81 318
53 891
60 280

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41216
₽26756
₽33602
₽36310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
38 966
regional
-
-
-
1 773
municipal
-
-
-
900
national
-
-
-
36 642
total
-
-
-
78 281
Employee
83 442
-
151 500
-
municipal
442
-
804
-
national
14 458
-
31 673
-
regional
787
-
1 563
-
social contributions
28 137
-
51 087
-
total
43 824
-
85 127
-
Employer
83 442
-
151 500
-
total
-
-
-
-
Corporate
68 058
151 500
-
-
municipal
2 655
5 908
-
-
nationa
16 335
36 359
-
-
total
18 990
42 267
-
-
Dividends
49 069
109 233
-
-
withholding
12 759
28 400
-
-
total
12 759
28 400
-
-
Income
151 500
151 500
151 500
151 500
Total tax
75 573
70 667
85 127
78 281
After tax
75 927
80 833
66 373
73 219
Living cost
39 617
39 617
39 617
39 617
Free-cash
36 310
41 216
26 756
33 602

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74576
₽45282
₽51158
₽71653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 613
other
-
-
-
-
surtax
-
-
-
5 840
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
79 624
Employee
31 048
-
125 152
-
other
-
-
-
-
unemployment
2 161
-
8 711
-
pensions
2 070
-
8 347
-
surtax
102
-
4 885
-
income
5 204
-
34 022
-
health
793
-
3 191
-
total
10 330
-
59 156
-
Employer
31 048
-
125 152
-
health
1 413
-
5 694
-
pensions
4 139
-
16 682
-
unemployment
983
-
3 968
-
other
-
-
-
-
total
6 535
-
26 344
-
Corporate
113 917
151 500
-
-
income
29 619
39 390
-
-
total
29 619
39 390
-
-
Dividends
84 298
112 110
-
-
withholding
12 645
16 816
-
-
total
12 645
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 129
56 206
85 500
79 624
After tax
92 371
95 294
66 000
71 876
Living cost
20 718
20 718
20 718
20 718
Free-cash
71 653
74 576
45 282
51 158

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
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.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57688
₽44717
₽58509
₽63061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
41 767
pensions
-
-
-
8 187
total
-
-
-
49 954
Employee
59 733
-
132 477
-
pensions
5 070
-
10 176
-
income
10 758
-
32 571
-
health
867
-
1 977
-
total
16 695
-
44 724
-
Employer
59 733
-
132 477
-
health
1 135
-
2 516
-
pensions
6 466
-
16 506
-
total
7 601
-
19 022
-
Corporate
84 166
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.

15 992
28 785
-
-
total
15 992
28 785
-
-
Dividends
68 174
122 715
-
-
withholding
5 114
21 990
-
-
total
5 114
21 990
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 402
50 775
63 746
49 954
After tax
106 098
100 725
87 754
101 546
Living cost
43 037
43 037
43 037
43 037
Free-cash
63 061
57 688
44 717
58 509

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5004
₽42012
₽49376
₽26778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
other

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

-
-
-
3 030
regional
-
-
-
6 969
health
-
-
-
341
city
-
-
-
1 597
national
-
-
-
1 969
pensions
-
-
-
13 938
total
-
-
-
27 844
Employee
86 926
-
135 599
-
unemployment
-
-
-
-
pensions
7 303
-
11 391
-
national
411
-
1 618
-
regional
2 846
-
6 027
-
city
933
-
1 458
-
health
197
-
305
-
total
11 690
-
20 799
-
Employer
86 926
-
135 599
-
health
197
-
305
-
pensions
7 303
-
11 391
-
unemployment
-
-
-
-
other

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

1 738
-
2 713
-
total
9 238
-
14 409
-
Corporate
54 380
151 500
-
-
regional
11 502
32 043
-
-
national
4 623
12 878
-
-
total
16 125
44 921
-
-
Dividends
38 256
106 579
-
-
withholding
13 389
37 303
-
-
total
13 389
37 303
-
-
Income
151 500
151 500
151 500
151 500
Total tax
50 442
82 224
35 208
27 844
After tax
101 058
69 276
116 292
123 656
Living cost
74 280
74 280
74 280
74 280
Free-cash
26 778
-5 004
42 012
49 376

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31862
₽54294
₽35798
₽47090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
income

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

-
-
-
45 291
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.

-
-
-
2 491
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.

-
-
-
6 414
trade
-
-
-
18 496
total
-
-
-
72 692
Employee

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

56 425
-
151 500
-
surtax

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

365
-
2 491
-
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.

6 635
-
45 291
-
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.

6 414
-
6 414
-
total
13 414
-
54 196
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 075
151 500
-
-
income
14 261
22 726
-
-
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.

784
1 251
-
-
chamber of commerce
276
356
-
-
trade
16 306
25 983
-
-
total
31 627
50 316
-
-
Dividends
63 448
101 185
-
-
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.

853
1 372
-
-
withholding
15 506
24 940
-
-
total
16 359
26 312
-
-
Income
151 500
151 500
151 500
151 500
Total tax
61 400
76 628
54 196
72 692
After tax
90 100
74 872
97 304
78 808
Living cost
43 010
43 010
43 010
43 010
Free-cash
47 090
31 862
54 294
35 798

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
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.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44236
₽52677
₽53476
₽49780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 577
other
-
-
-
4 697
surtax
-
-
-
-
social contributions
-
-
-
4 317
health
-
-
-
5 974
pensions
-
-
-
28 337
total
-
-
-
65 902
Employee
40 183
-
118 170
-
pensions
4 543
-
7 836
-
surtax
-
-
-
-
social contributions
1 146
-
3 367
-
income
2 371
-
22 166
-
total
8 060
-
33 369
-
Employer
40 183
-
118 170
-
health
2 813
-
10 483
-
pensions
6 601
-
13 260
-
unemployment
1 627
-
4 786
-
social contributions
121
-
355
-
other
1 386
-
4 448
-
total
12 548
-
33 332
-
Corporate
98 769
151 500
-
-
income
27 656
42 420
-
-
surtax
-
-
-
-
total
27 656
42 420
-
-
Dividends
71 113
109 080
-
-
surtax
-
-
-
-
social contributions
12 231
18 761
-
-
withholding
9 103
13 961
-
-
total
21 334
32 722
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 598
75 142
66 701
65 902
After tax
81 902
76 358
84 799
85 598
Living cost
32 122
32 122
32 122
32 122
Free-cash
49 780
44 236
52 677
53 476

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47418
₽55859
₽56658
₽52633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 577
other
-
-
-
4 697
surtax
-
-
-
-
social contributions
-
-
-
4 317
health
-
-
-
5 974
pensions
-
-
-
28 337
total
-
-
-
65 902
Employee
35 869
-
118 170
-
pensions
4 057
-
7 836
-
surtax
-
-
-
-
social contributions
1 023
-
3 367
-
income
1 849
-
22 166
-
total
6 929
-
33 369
-
Employer
35 869
-
118 170
-
health
2 510
-
10 483
-
pensions
5 894
-
13 260
-
unemployment
1 452
-
4 786
-
social contributions
107
-
355
-
other
1 238
-
4 448
-
total
11 201
-
33 332
-
Corporate
104 430
151 500
-
-
income
29 239
42 420
-
-
surtax
-
-
-
-
total
29 239
42 420
-
-
Dividends
75 190
109 080
-
-
surtax
-
-
-
-
social contributions
12 933
18 761
-
-
withholding
9 625
13 961
-
-
total
22 558
32 722
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 927
75 142
66 701
65 902
After tax
81 573
76 358
84 799
85 598
Living cost
28 940
28 940
28 940
28 940
Free-cash
52 633
47 418
55 859
56 658

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72519
₽74670
₽77385
₽73006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 726
social contributions
-
-
-
20 906
health
-
-
-
10 574
total
-
-
-
54 206
Employee
31 834
-
151 500
-
social contributions
4 394
-
20 906
-
income
5 309
-
25 441
-
health
2 222
-
10 574
-
total
11 925
-
56 921
-
Employer
31 834
-
151 500
-
total
-
-
-
-
Corporate
119 666
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%.

5 983
7 576
-
-
total
5 983
7 576
-
-
Dividends
113 684
143 924
-
-
social contributions
15 688
19 862
-
-
withholding
17 053
21 589
-
-
health
7 936
10 045
-
-
total
40 677
51 496
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 585
59 072
56 921
54 206
After tax
92 915
92 428
94 579
97 294
Living cost
19 909
19 909
19 909
19 909
Free-cash
73 006
72 519
74 670
77 385

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50876
₽6803
₽44636
₽49419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
38 551
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
606
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
73 782
Employee
46 921
37 416
119 064
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
30 439
-
health
1 816
1 449
4 244
-
total
13 840
9 536
50 304
-
Employer
46 921
37 416
119 064
-
chamber of commerce
187
150
476
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
3 572
-
other
2 229
1 776
5 575
-
total
13 688
10 953
32 435
-
Corporate
90 892
103 130
115 501
-
income

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

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

22 724
25 783
28 876
-
total
22 724
25 783
28 876
-
Dividends
68 168
77 347
-
-
withholding
18 747
21 270
-
-
total
18 747
21 270
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 999
67 542
111 615
73 782
After tax
82 501
83 958
39 885
77 718
Living cost
33 082
33 082
33 082
33 082
Free-cash
49 419
50 876
6 803
44 636

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50524
₽19879
₽31357
₽36446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
communal

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

-
-
-
7 686
social contributions
-
-
-
23 408
national
-
-
-
54 816
total
-
-
-
85 910
Employee

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

67 159
-
117 339
-
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.

584
-
1 021
-
communal

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

3 503
-
6 120
-
pensions

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

5 037
-
8 800
-
national
20 647
-
41 772
-
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.

3 155
-
5 514
-
total
32 926
-
63 227
-
Employer

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

67 159
-
117 339
-
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.

4 130
-
7 218
-
pensions

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

5 951
-
10 396
-
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.

873
-
1 527
-
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.

980
-
1 714
-
surtax
7 615
-
13 306
-
total
19 549
-
34 161
-
Corporate
64 793
151 500
-
-
income
12 958
30 300
-
-
surtax
258
606
-
-
total
13 216
30 906
-
-
Dividends
51 576
120 595
-
-
withholding

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

15 130
35 837
-
-
total
15 130
35 837
-
-
Income
151 500
151 500
151 500
151 500
Total tax
80 821
66 743
97 388
85 910
After tax
70 679
84 757
54 112
65 590
Living cost
34 233
34 233
34 233
34 233
Free-cash
36 446
50 524
19 879
31 357

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67244
₽47329
₽51270
₽60560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
40 216
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
66 323
Employee
46 735
-
123 757
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
36 993
-
total
12 829
-
42 520
-
Employer
46 735
-
123 757
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
89 868
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.

13 480
22 726
-
-
total
13 480
22 726
-
-
Dividends
76 388
128 774
-
-
withholding
15 827
27 623
-
-
total
15 827
27 623
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 033
50 349
70 264
66 323
After tax
94 467
101 151
81 236
85 177
Living cost
33 907
33 907
33 907
33 907
Free-cash
60 560
67 244
47 329
51 270

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38434
₽31473
₽25436
₽27096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
communal
-
-
-
9 575
accident
-
-
-
1 277
income
-
-
-
23 327
surtax
-
-
-
7 510
health
-
-
-
10 644
pensions
-
-
-
22 708
total
-
-
-
75 041
Employee
71 101
-
135 328
-
pensions
5 687
-
10 826
-
surtax
4 358
-
8 294
-
income
6 868
-
27 689
-
health
3 164
-
6 022
-
total
20 077
-
52 831
-
Employer
71 101
-
135 328
-
health
2 168
-
4 128
-
pensions
5 687
-
10 826
-
accident
640
-
1 219
-
total
8 495
-
16 173
-
Corporate
71 904
151 500
-
-
communal
4 853
10 227
-
-
income
10 786
22 726
-
-
surtax
755
1 591
-
-
total
16 394
34 544
-
-
Dividends
55 509
116 956
-
-
income
20 089
9 956
-
-
withholding
8 326
17 543
-
-
total
28 415
27 499
-
-
Income
151 500
151 500
151 500
151 500
Total tax
73 381
62 043
69 004
75 041
After tax
78 119
89 457
82 496
76 459
Living cost
51 023
51 023
51 023
51 023
Free-cash
27 096
38 434
31 473
25 436

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74206
₽44912
₽50788
₽71218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 613
other
-
-
-
-
surtax
-
-
-
5 840
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
79 624
Employee
31 618
-
125 152
-
other
-
-
-
-
unemployment
2 200
-
8 711
-
pensions
2 110
-
8 347
-
surtax
112
-
4 885
-
income
5 301
-
34 022
-
health
807
-
3 191
-
total
10 530
-
59 156
-
Employer
31 618
-
125 152
-
health
1 438
-
5 694
-
pensions
4 216
-
16 682
-
unemployment
1 003
-
3 968
-
other
-
-
-
-
total
6 657
-
26 344
-
Corporate
113 225
151 500
-
-
income
29 439
39 390
-
-
total
29 439
39 390
-
-
Dividends
83 786
112 110
-
-
withholding
12 568
16 816
-
-
total
12 568
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 194
56 206
85 500
79 624
After tax
92 306
95 294
66 000
71 876
Living cost
21 088
21 088
21 088
21 088
Free-cash
71 218
74 206
44 912
50 788

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
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.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54341
₽40606
₽47416
₽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
social contributions
-
-
-
38 966
regional
-
-
-
2 285
municipal
-
-
-
900
national
-
-
-
36 642
total
-
-
-
78 793
Employee
52 081
-
151 500
-
municipal
276
-
804
-
national
8 251
-
31 673
-
regional
701
-
2 039
-
social contributions
17 562
-
51 087
-
total
26 790
-
85 603
-
Employer
52 081
-
151 500
-
total
-
-
-
-
Corporate
99 419
151 500
-
-
municipal
4 941
7 529
-
-
nationa
23 861
36 359
-
-
total
28 802
43 888
-
-
Dividends
70 618
107 611
-
-
withholding
18 360
27 980
-
-
total
18 360
27 980
-
-
Income
151 500
151 500
151 500
151 500
Total tax
73 952
71 868
85 603
78 793
After tax
77 548
79 632
65 897
72 707
Living cost
25 291
25 291
25 291
25 291
Free-cash
52 257
54 341
40 606
47 416

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75978
₽48551
₽54940
₽65871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
14 695
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
20 453
total
-
-
-
68 230
Employee
41 662
-
113 060
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
7 349
-
income
4 999
-
13 567
-
health
5 624
-
15 263
-
total
13 331
-
36 179
-
Employer
41 662
-
113 060
-
health
3 750
-
10 175
-
social contributions
10 416
-
28 265
-
total
14 166
-
38 440
-
Corporate
95 673
151 500
-
-
income
18 178
28 785
-
-
total
18 178
28 785
-
-
Dividends
77 495
122 715
-
-
withholding
11 624
18 407
-
-
total
11 624
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 299
47 192
74 619
68 230
After tax
94 201
104 308
76 881
83 270
Living cost
28 330
28 330
28 330
28 330
Free-cash
65 871
75 978
48 551
54 940

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
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.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54104
₽9986
₽47949
₽53641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
38 551
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
606
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
73 597
Employee
41 041
37 416
119 235
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
30 512
-
health
1 587
1 449
4 244
-
total
11 087
9 536
50 377
-
Employer
41 041
37 416
119 235
-
chamber of commerce
164
150
477
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
3 578
-
other
1 949
1 776
5 582
-
total
11 811
10 768
32 264
-
Corporate
98 648
103 316
115 672
-
income

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

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

24 662
25 829
28 919
-
total
24 662
25 829
28 919
-
Dividends
73 986
77 486
-
-
withholding
20 345
21 309
-
-
total
20 345
21 309
-
-
Income
151 500
151 500
151 500
151 500
Total tax
67 905
67 442
111 560
73 597
After tax
83 595
84 058
39 940
77 903
Living cost
29 954
29 954
29 954
29 954
Free-cash
53 641
54 104
9 986
47 949

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132158
₽109433
₽138218
₽129952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
151 500
-
income
2 942
-
30 300
-
total
2 942
-
30 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

136 791
151 500
-
-
total
-
-
-
-
Dividends
136 791
151 500
-
-
withholding
6 839
7 575
-
-
total
6 839
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 781
7 575
30 300
1 515
After tax
141 719
143 925
121 200
149 985
Living cost
11 767
11 767
11 767
11 767
Free-cash
129 952
132 158
109 433
138 218

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79125
₽45502
₽49514
₽71273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
151 500
income
-
-
-
33 998
unemployment
-
-
-
228
health
-
-
-
14 909
pensions
-
-
-
27 668
total
-
-
-
76 803
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.

41 517
-
131 089
-
unemployment
59
-
184
-
pensions
6 435
-
20 318
-
income
7 160
-
31 434
-
health
2 681
-
8 468
-
total
16 335
-
60 404
-
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.

41 517
-
131 089
-
health
2 765
-
8 732
-
pensions
3 674
-
11 601
-
unemployment
25
-
78
-
total
6 464
-
20 411
-
Corporate
103 519
151 500
-
-
income
19 668
28 785
-
-
total
19 668
28 785
-
-
Dividends
83 850
122 715
-
-
withholding
12 577
18 407
-
-
total
12 577
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 044
47 192
80 815
76 803
After tax
96 456
104 308
70 685
74 697
Living cost
25 183
25 183
25 183
25 183
Free-cash
71 273
79 125
45 502
49 514

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52072
₽99173
₽64598
₽7865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
12 926
151 500
-
-
income
2 844
33 330
-
-
total
2 844
33 330
-
-
Dividends
10 082
118 170
-
-
income
2 218
25 997
-
-
total
2 218
25 997
-
-
Income
151 500
151 500
151 500
151 500
Total tax
103 534
59 327
12 226
46 801
After tax
47 966
92 173
139 274
104 699
Living cost
40 101
40 101
40 101
40 101
Free-cash
7 865
52 072
99 173
64 598

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56722
₽41090
₽52202
₽55778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
151 500
income
-
-
-
17 202
surtax
-
-
-
-
social contributions

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

-
-
-
52 646
total
-
-
-
69 848
Employee
43 181
-
122 424
-
surtax
-
-
-
-
social contributions
4 750
-
13 466
-
income
8 982
-
38 418
-
total
13 732
-
51 884
-
Employer
43 181
-
122 424
-
social contributions
10 255
-
29 076
-
total
10 255
-
29 076
-
Corporate
98 063
151 500
-
-
income
20 593
31 816
-
-
surtax
-
-
-
-
total
20 593
31 816
-
-
Dividends
77 471
119 684
-
-
withholding
21 692
33 512
-
-
total
21 692
33 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
66 272
65 328
80 960
69 848
After tax
85 228
86 172
70 540
81 652
Living cost
29 450
29 450
29 450
29 450
Free-cash
55 778
56 722
41 090
52 202

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31011
₽39452
₽40251
₽37464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 577
other
-
-
-
4 697
surtax
-
-
-
-
social contributions
-
-
-
4 317
health
-
-
-
5 974
pensions
-
-
-
28 337
total
-
-
-
65 902
Employee
58 804
-
118 170
-
pensions
6 651
-
7 836
-
surtax
-
-
-
-
social contributions
1 675
-
3 367
-
income
5 131
-
22 166
-
total
13 457
-
33 369
-
Employer
58 804
-
118 170
-
health
4 116
-
10 483
-
pensions
9 662
-
13 260
-
unemployment
2 382
-
4 786
-
social contributions
176
-
355
-
other
2 029
-
4 448
-
total
18 365
-
33 332
-
Corporate
74 330
151 500
-
-
income
20 812
42 420
-
-
surtax
-
-
-
-
total
20 812
42 420
-
-
Dividends
53 518
109 080
-
-
surtax
-
-
-
-
social contributions
9 204
18 761
-
-
withholding
6 851
13 961
-
-
total
16 055
32 722
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 689
75 142
66 701
65 902
After tax
82 811
76 358
84 799
85 598
Living cost
45 347
45 347
45 347
45 347
Free-cash
37 464
31 011
39 452
40 251

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108128
₽87858
₽83833
₽104974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
6 115
social contributions
-
-
-
33 330
total
-
-
-
39 445
Employee
30 184
-
131 169
-
income
-
-
6 562
-
social contributions
1 962
-
8 527
-
total
1 962
-
15 089
-
Employer
30 184
-
131 169
-
social contributions
4 679
-
20 331
-
total
4 679
-
20 331
-
Corporate
116 637
151 500
-
-
income
11 663
15 150
-
-
total
11 663
15 150
-
-
Dividends
104 974
136 350
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
18 304
15 150
35 420
39 445
After tax
133 196
136 350
116 080
112 055
Living cost
28 222
28 222
28 222
28 222
Free-cash
104 974
108 128
87 858
83 833

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53058
-₽53058
₽44937
-₽53058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
labour market
-
-
-
12 055
municipal
-
-
-
31 146
national
-
-
-
17 332
pensions
-
-
-
814
total
-
-
-
61 347
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
159 342
159 342
159 342
61 347
After tax
-7 842
-7 842
-7 842
90 153
Living cost
45 216
45 216
45 216
45 216
Free-cash
-53 058
-53 058
-53 058
44 937

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8351
₽61104
₽83001
₽9108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
41 250
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
47 877
Employee
32 441
-
135 438
-
pensions
3 653
-
7 259
-
income
4 450
-
30 945
-
health
3 715
-
15 508
-
total
11 818
-
53 712
-
Employer
32 441
-
135 438
-
pensions
5 275
-
10 482
-
accident
542
-
2 262
-
unemployment
795
-
3 318
-
total
6 612
-
16 062
-
Corporate
112 448
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.

101 203
136 350
-
-
total
101 203
136 350
-
-
Dividends
11 245
15 150
-
-
withholding
2 137
2 879
-
-
total
2 137
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
121 770
139 229
69 774
47 877
After tax
29 730
12 271
81 726
103 623
Living cost
20 622
20 622
20 622
20 622
Free-cash
9 108
-8 351
61 104
83 001

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
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.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59750
₽44311
₽63688
₽61776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
health
-
-
-
1 942
municipal
-
-
-
26 920
national
-
-
-
22 904
total
-
-
-
51 766
Employee
49 396
-
127 449
-
municipal
8 091
-
20 766
-
unemployment
741
-
1 912
-
pensions
3 334
-
8 602
-
national
816
-
14 241
-
health
369
-
1 571
-
total
13 351
-
47 092
-
Employer
49 396
-
127 449
-
health
380
-
982
-
pensions
8 570
-
22 113
-
accident
50
-
128
-
unemployment
321
-
828
-
total
9 321
-
24 051
-
Corporate
92 784
151 500
-
-
income
18 556
30 300
-
-
total
18 556
30 300
-
-
Dividends

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

55 670
90 900
-
-
municipal
10 020
16 361
-
-
national
2 430
9 043
-
-
total
12 450
25 404
-
-
Income
151 500
151 500
151 500
151 500
Total tax
53 678
55 704
71 143
51 766
After tax
97 822
95 796
80 357
99 734
Living cost
36 046
36 046
36 046
36 046
Free-cash
61 776
59 750
44 311
63 688

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88827
₽81135
₽82507
₽83718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 201
social contributions
-
-
-
15 191
health
-
-
-
3 863
total
-
-
-
47 255
Employee
72 195
72 195
140 813
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
27 463
-
health
559
1 228
2 395
-
total
11 150
13 903
37 940
-
Employer
72 195
72 195
140 813
-
health
608
1 336
2 605
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
10 687
-
Corporate
115 275
71 977
-
-
income
14 409
8 998
-
-
total
14 409
8 998
-
-
Dividends
100 867
62 979
-
-
withholding
17 147
10 706
-
-
total
17 147
10 706
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 044
40 935
48 627
47 255
After tax
105 456
110 565
102 873
104 245
Living cost
21 738
21 738
21 738
21 738
Free-cash
83 718
88 827
81 135
82 507

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110550
₽93064
₽111896
₽105775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
151 500
income
-
-
-
15 300
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
24 697
Employee

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

21 550
-
142 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
12 973
-
health
1 832
-
7 572
-
total
6 644
-
34 353
-
Employer

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

21 550
-
142 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
127 731
151 500
-
-
income
11 496
13 635
-
-
total
11 496
13 635
-
-
Dividends
116 236
137 865
-
-
withholding
10 460
12 408
-
-
total
10 460
12 408
-
-
Income
151 500
151 500
151 500
151 500
Total tax
30 818
26 043
43 529
24 697
After tax
120 682
125 457
107 971
126 803
Living cost
14 907
14 907
14 907
14 907
Free-cash
105 775
110 550
93 064
111 896

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
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.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75333
₽55418
₽59359
₽71188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
40 216
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
66 323
Employee
34 716
-
123 757
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
36 993
-
total
8 897
-
42 520
-
Employer
34 716
-
123 757
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
105 716
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.

15 857
22 726
-
-
total
15 857
22 726
-
-
Dividends
89 859
128 774
-
-
withholding
18 672
27 623
-
-
total
18 672
27 623
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 494
50 349
70 264
66 323
After tax
97 006
101 151
81 236
85 177
Living cost
25 818
25 818
25 818
25 818
Free-cash
71 188
75 333
55 418
59 359

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92639
₽95330
₽95464
₽92327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 752
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
54 139
Employee
2 889
-
149 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
51 679
-
health
144
-
346
-
total
992
-
52 717
-
Employer
2 889
-
149 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
147 960
151 500
-
-
income
32 551
33 330
-
-
total
32 551
33 330
-
-
Dividends
115 409
118 170
-
-
withholding
23 082
23 634
-
-
total
23 082
23 634
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 276
56 964
54 273
54 139
After tax
94 224
94 536
97 227
97 361
Living cost
1 897
1 897
1 897
1 897
Free-cash
92 327
92 639
95 330
95 464

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93214
₽75062
₽75063
₽88589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
151 500
income
-
-
-
33 951
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
60 192
Employee

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

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

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

24 497
-
139 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
33 951
-
health
1 262
-
3 575
-
total
8 253
-
47 766
-
Employer

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

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

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

24 497
-
139 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
122 618
151 500
-
-
income
18 393
22 725
-
-
total
18 393
22 725
-
-
Dividends
104 226
128 775
-
-
withholding
15 634
19 316
-
-
total
15 634
19 316
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 666
42 041
60 193
60 192
After tax
104 834
109 459
91 307
91 308
Living cost
16 245
16 245
16 245
16 245
Free-cash
88 589
93 214
75 062
75 063

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60861
₽45229
₽56341
₽60524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
151 500
income
-
-
-
17 202
surtax
-
-
-
-
social contributions

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

-
-
-
52 646
total
-
-
-
69 848
Employee
36 440
-
122 424
-
surtax
-
-
-
-
social contributions
4 009
-
13 466
-
income
7 120
-
38 418
-
total
11 129
-
51 884
-
Employer
36 440
-
122 424
-
social contributions
8 654
-
29 076
-
total
8 654
-
29 076
-
Corporate
106 406
151 500
-
-
income
22 346
31 816
-
-
surtax
-
-
-
-
total
22 346
31 816
-
-
Dividends
84 060
119 684
-
-
withholding
23 536
33 512
-
-
total
23 536
33 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 665
65 328
80 960
69 848
After tax
85 835
86 172
70 540
81 652
Living cost
25 312
25 312
25 312
25 312
Free-cash
60 524
60 861
45 229
56 341

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68155
₽48240
₽52181
₽61789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
40 216
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
66 323
Employee
45 344
-
123 757
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
36 993
-
total
12 349
-
42 520
-
Employer
45 344
-
123 757
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
91 700
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.

13 755
22 726
-
-
total
13 755
22 726
-
-
Dividends
77 945
128 774
-
-
withholding
16 155
27 623
-
-
total
16 155
27 623
-
-
Income
151 500
151 500
151 500
151 500
Total tax
56 715
50 349
70 264
66 323
After tax
94 785
101 151
81 236
85 177
Living cost
32 996
32 996
32 996
32 996
Free-cash
61 789
68 155
48 240
52 181

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113381
₽109657
₽103867
₽107659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
22 725
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
31 482
Employee
21 387
-
145 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
14 507
-
health
984
-
1 509
-
total
5 236
-
19 257
-
Employer
21 387
-
145 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
125 917
151 500
-
-
income
12 592
15 150
-
-
total
12 592
15 150
-
-
Dividends
113 325
136 350
-
-
withholding
5 666
6 818
-
-
total
5 666
6 818
-
-
Income
151 500
151 500
151 500
151 500
Total tax
27 690
21 968
25 692
31 482
After tax
123 810
129 532
125 808
120 018
Living cost
16 151
16 151
16 151
16 151
Free-cash
107 659
113 381
109 657
103 867

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41740
₽61056
₽45580
₽54027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
income

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

-
-
-
45 291
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.

-
-
-
2 491
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.

-
-
-
6 414
trade
-
-
-
15 476
total
-
-
-
69 672
Employee

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

46 715
-
151 500
-
surtax

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

212
-
2 491
-
income

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

3 841
-
45 291
-
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.

6 414
-
6 414
-
total
10 467
-
54 196
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 785
151 500
-
-
income
15 718
22 726
-
-
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.

864
1 251
-
-
chamber of commerce
296
365
-
-
trade
15 036
21 740
-
-
total
31 914
46 082
-
-
Dividends
72 871
105 418
-
-
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.

982
1 431
-
-
withholding
17 862
25 999
-
-
total
18 844
27 430
-
-
Income
151 500
151 500
151 500
151 500
Total tax
61 225
73 512
54 196
69 672
After tax
90 275
77 988
97 304
81 828
Living cost
36 248
36 248
36 248
36 248
Free-cash
54 027
41 740
61 056
45 580

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52567
₽27983
₽27983
₽54641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 081
social contributions
-
-
-
24 953
total
-
-
-
70 034
Employee
73 441
-
151 500
-
income
13 858
-
45 081
-
social contributions
6 101
-
24 953
-
total
19 959
-
70 034
-
Employer
73 441
-
151 500
-
total
-
-
-
-
Corporate
78 059
151 500
-
-
income
9 757
18 938
-
-
total
9 757
18 938
-
-
Dividends
68 302
132 562
-
-
withholding
13 660
26 512
-
-
total
13 660
26 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 376
45 450
70 034
70 034
After tax
108 124
106 050
81 466
81 466
Living cost
53 483
53 483
53 483
53 483
Free-cash
54 641
52 567
27 983
27 983

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59433
₽74484
₽85013
₽62716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
147 181
-
income
4 673
-
34 296
-
social contributions
4 315
-
4 319
-
total
8 988
-
38 615
-
Employer
43 070
-
147 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
104 115
151 500
-
-
income
36 439
53 025
-
-
total
36 439
53 025
-
-
Dividends
67 675
98 475
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 702
57 985
42 934
32 405
After tax
96 798
93 515
108 566
119 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
62 716
59 433
74 484
85 013

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65737
₽52766
₽66558
₽71315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
41 767
pensions
-
-
-
8 187
total
-
-
-
49 954
Employee
48 026
-
132 477
-
pensions
3 666
-
10 176
-
income
8 746
-
32 571
-
health
626
-
1 977
-
total
13 038
-
44 724
-
Employer
48 026
-
132 477
-
health
913
-
2 516
-
pensions
4 852
-
16 506
-
total
5 765
-
19 022
-
Corporate
97 709
151 500
-
-
income

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

18 564
28 785
-
-
total
18 564
28 785
-
-
Dividends
79 145
122 715
-
-
withholding
7 830
21 990
-
-
total
7 830
21 990
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 197
50 775
63 746
49 954
After tax
106 303
100 725
87 754
101 546
Living cost
34 988
34 988
34 988
34 988
Free-cash
71 315
65 737
52 766
66 558

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽10393
₽59062
₽80959
₽8796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
41 250
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
47 877
Employee
35 652
-
135 438
-
pensions
4 014
-
7 259
-
income
4 891
-
30 945
-
health
4 082
-
15 508
-
total
12 987
-
53 712
-
Employer
35 652
-
135 438
-
pensions
5 797
-
10 482
-
accident
595
-
2 262
-
unemployment
873
-
3 318
-
total
7 265
-
16 062
-
Corporate
108 583
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.

97 725
136 350
-
-
total
97 725
136 350
-
-
Dividends
10 858
15 150
-
-
withholding
2 063
2 879
-
-
total
2 063
2 879
-
-
Income
151 500
151 500
151 500
151 500
Total tax
120 040
139 229
69 774
47 877
After tax
31 460
12 271
81 726
103 623
Living cost
22 664
22 664
22 664
22 664
Free-cash
8 796
-10 393
59 062
80 959

Estimated living cost  is ₽22664 per week

₽16633
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.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114800
₽93391
₽72740
₽110406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
income
-
-
-
24 768
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
66 073
Employee

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

20 298
-
151 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
24 768
-
total
7 612
-
45 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 202
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%.

1 312
1 515
-
-
total
1 312
1 515
-
-
Dividends
129 890
149 985
-
-
withholding
19 483
22 498
-
-
total
19 483
22 498
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 407
24 013
45 422
66 073
After tax
123 093
127 487
106 078
85 427
Living cost
12 687
12 687
12 687
12 687
Free-cash
110 406
114 800
93 391
72 740

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42396
₽27370
₽34021
₽38126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
social contributions
-
-
-
38 966
regional
-
-
-
3 456
municipal
-
-
-
1 012
national
-
-
-
36 642
total
-
-
-
80 076
Employee
79 116
-
151 500
-
municipal
472
-
903
-
national
13 370
-
31 673
-
regional
1 194
-
3 064
-
social contributions
26 677
-
51 087
-
total
41 713
-
86 727
-
Employer
79 116
-
151 500
-
total
-
-
-
-
Corporate
72 384
151 500
-
-
municipal
3 489
7 303
-
-
nationa
17 372
36 359
-
-
total
20 861
43 662
-
-
Dividends
51 524
107 838
-
-
withholding
13 397
28 039
-
-
total
13 397
28 039
-
-
Income
151 500
151 500
151 500
151 500
Total tax
75 971
71 701
86 727
80 076
After tax
75 529
79 799
64 773
71 424
Living cost
37 403
37 403
37 403
37 403
Free-cash
38 126
42 396
27 370
34 021

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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