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
₽46028
₽57139
₽51276
₽67782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
trade
-
-
-
16 506
income

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

-
-
-
44 010
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.

-
-
-
6 862
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.

-
-
-
2 421
total
-
-
-
69 799
Employee

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

38 419
-
151 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

59
-
2 421
-
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.

1 073
-
44 010
-
total
7 994
-
53 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 081
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.

932
1 250
-
-
income
16 963
22 725
-
-
trade
17 809
23 861
-
-
chamber of commerce
315
370
-
-
total
36 019
48 206
-
-
Dividends
77 062
103 293
-
-
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.

1 039
1 399
-
-
withholding
18 884
25 442
-
-
total
19 923
26 841
-
-
Income
151 500
151 500
151 500
151 500
Total tax
63 936
75 047
53 293
69 799
After tax
87 564
76 453
98 207
81 701
Living cost
30 425
30 425
30 425
30 425
Free-cash
57 139
46 028
67 782
51 276

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43857
₽43013
₽39141
₽40330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
municipal
-
-
-
16 423
pensions
-
-
-
18 180
national
-
-
-
25 448
social contributions
-
-
-
1 629
total
-
-
-
61 680
Employee
78 562
-
130 970
-
municipal
9 704
-
17 009
-
pensions
3 142
-
5 239
-
national
15 037
-
26 357
-
total
27 883
-
48 605
-
Employer
78 562
-
130 970
-
social contributions
845
-
1 408
-
pensions
6 285
-
10 478
-
total
7 130
-
11 886
-
Corporate
60 623
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%.

12 125
30 300
-
-
total
12 125
30 300
-
-
Dividends
48 499
121 200
-
-
withholding
10 670
26 664
-
-
total
10 670
26 664
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 808
56 964
60 491
61 680
After tax
93 692
94 536
91 009
89 820
Living cost
50 679
50 679
50 679
50 679
Free-cash
43 013
43 857
40 330
39 141

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100302
₽92064
₽28637
₽71253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
151 500
microenterprise
-
-
-
-
income
-
-
-
24 848
surtax
-
-
-
38 632
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.

-
-
-
38 486
total
-
-
-
101 966
Employee
29 351
-
108 882
-
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.

3 229
-
11 976
-
surtax
-
-
-
-
income
5 225
-
21 145
-
total
8 454
-
33 121
-
Employer
29 351
-
108 882
-
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.

7 070
-
26 229
-
surtax
-
-
-
-
total
7 070
-
26 229
-
Corporate
115 079
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%.

23 015
30 301
-
-
total
23 015
30 301
-
-
Dividends

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

92 064
121 199
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
38 539
30 301
59 350
101 966
After tax
112 961
121 199
92 150
49 534
Living cost
20 897
20 897
20 897
20 897
Free-cash
92 064
100 302
71 253
28 637

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32546
₽26394
₽43331
₽49814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 935
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
66 090
Employee
85 778
85 778
132 833
-
health
13 166
11 199
12 386
-
income

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

14 040
14 040
16 785
-
pensions
15 440
11 769
11 769
-
total
42 646
37 008
40 940
-
Employer
85 778
85 778
132 833
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 421
-
health
5 963
5 963
7 409
-
total
15 021
15 021
18 667
-
Corporate
51 754
50 702
-
-
income
10 351
10 141
-
-
total
10 351
10 141
-
-
Dividends
41 403
40 561
-
-
income
8 799
8 620
-
-
withholding
6 210
6 085
-
-
total
15 009
14 705
-
-
Income
151 500
151 500
151 500
151 500
Total tax
83 027
76 875
59 607
66 090
After tax
68 473
74 625
91 893
85 410
Living cost
42 079
42 079
42 079
42 079
Free-cash
26 394
32 546
49 814
43 331

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43757
₽42883
₽40098
₽39151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
municipal
-
-
-
37 800
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
9 902
total
-
-
-
72 440
Employee
55 518
-
124 670
-
municipal
16 555
-
37 177
-
national
-
-
9 379
-
total
16 555
-
46 556
-
Employer
55 518
-
124 670
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
78 539
151 500
-
-
income
17 279
33 330
-
-
total
17 279
33 330
-
-
Dividends
61 260
118 170
-
-
withholding
18 378
35 451
-
-
total
18 378
35 451
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 655
68 781
73 387
72 440
After tax
81 845
82 719
78 113
79 060
Living cost
38 962
38 962
38 962
38 962
Free-cash
42 883
43 757
39 151
40 098

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36215
₽50330
₽41508
₽58747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
trade
-
-
-
17 239
income

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

-
-
-
44 010
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.

-
-
-
6 862
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.

-
-
-
2 421
total
-
-
-
70 532
Employee

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

50 939
-
151 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

240
-
2 421
-
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.

4 377
-
44 010
-
total
11 479
-
53 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 561
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.

829
1 250
-
-
income
15 084
22 725
-
-
trade
16 542
24 921
-
-
chamber of commerce
295
368
-
-
total
32 750
49 264
-
-
Dividends
67 811
102 235
-
-
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.

911
1 384
-
-
withholding
16 570
25 177
-
-
total
17 481
26 561
-
-
Income
151 500
151 500
151 500
151 500
Total tax
61 710
75 825
53 293
70 532
After tax
89 790
75 675
98 207
80 968
Living cost
39 460
39 460
39 460
39 460
Free-cash
50 330
36 215
58 747
41 508

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78024
₽73859
₽72243
₽70843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
26 561
health
-
-
-
3 864
social contributions
-
-
-
16 252
total
-
-
-
46 677
Employee
77 239
77 239
140 259
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 385
-
income
8 111
7 150
25 806
-
total
12 632
14 873
36 837
-
Employer
77 239
77 239
140 259
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 594
-
total
4 590
7 840
11 240
-
Corporate
101 698
66 421
-
-
income
12 712
8 303
-
-
total
12 712
8 303
-
-
Dividends
88 985
58 118
-
-
withholding
15 127
9 880
-
-
total
15 127
9 880
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 061
40 896
48 077
46 677
After tax
106 439
110 604
103 423
104 823
Living cost
32 580
32 580
32 580
32 580
Free-cash
73 859
78 024
70 843
72 243

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66930
₽67310
₽86724
₽69598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 150
unemployment
-
-
-
2 273
health
-
-
-
10 605
total
-
-
-
46 549
Employee

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
126 778
-
health
1 842
733
8 874
-
income
3 216
1 280
15 499
-
pensions
2 631
1 047
12 678
-
unemployment
395
157
1 902
-
total
8 084
3 217
38 953
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
126 778
-
pensions
5 131
2 042
24 722
-
total
5 131
2 042
24 722
-
Corporate
120 059
138 987
-
-
income
10 805
12 509
-
-
total
10 805
12 509
-
-
Dividends
109 254
126 478
-
-
social contributions
21 185
24 544
-
-
withholding
20 758
24 031
-
-
total
41 943
48 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 963
66 343
63 675
46 549
After tax
85 537
85 157
87 825
104 951
Living cost
18 227
18 227
18 227
18 227
Free-cash
67 310
66 930
69 598
86 724

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96937
₽90698
₽56941
₽63062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
30 301
health
-
-
-
19 695
total
-
-
-
70 297
Employee
28 495
-
113 230
-
income
3 208
-
21 831
-
pensions
570
-
2 265
-
unemployment
456
-
1 811
-
total
4 234
-
25 907
-
Employer
28 495
-
113 230
-
unemployment
229
-
905
-
pensions
5 699
-
22 645
-
health
3 704
-
14 719
-
total
9 632
-
38 269
-
Corporate
113 373
151 500
-
-
income
22 674
30 301
-
-
total
22 674
30 301
-
-
Dividends
90 699
121 199
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
36 540
30 301
64 176
70 297
After tax
114 960
121 199
87 324
81 203
Living cost
24 262
24 262
24 262
24 262
Free-cash
90 698
96 937
63 062
56 941

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9772
₽8890
₽81613
₽59370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
accident
-
-
-
253
income
-
-
-
40 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 843
Employee
34 676
-
134 903
-
health
3 970
-
15 446
-
income
4 757
-
30 398
-
pensions
3 905
-
7 645
-
total
12 632
-
53 489
-
Employer
34 676
-
134 903
-
accident
579
-
2 253
-
unemployment
850
-
3 305
-
pensions
5 639
-
11 039
-
total
7 068
-
16 597
-
Corporate
109 757
151 500
-
-
income

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

98 781
136 350
-
-
total
98 781
136 350
-
-
Dividends
10 976
15 150
-
-
withholding
2 085
2 878
-
-
total
2 085
2 878
-
-
Income
151 500
151 500
151 500
151 500
Total tax
120 566
139 228
70 086
47 843
After tax
30 934
12 272
81 414
103 657
Living cost
22 044
22 044
22 044
22 044
Free-cash
8 890
-9 772
59 370
81 613

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134825
₽133119
₽140885
₽112100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
151 500
-
income
2 275
-
30 300
-
total
2 275
-
30 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

140 126
151 500
-
-
total
-
-
-
-
Dividends
140 126
151 500
-
-
withholding
7 006
7 575
-
-
total
7 006
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
9 281
7 575
30 300
1 515
After tax
142 219
143 925
121 200
149 985
Living cost
9 100
9 100
9 100
9 100
Free-cash
133 119
134 825
112 100
140 885

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84541
₽77759
₽53444
₽59710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
21 069
pensions

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

-
-
-
36 360
other
-
-
-
7 196
health
-
-
-
6 666
total
-
-
-
71 291
Employee
36 471
-
121 007
-
health
511
-
1 695
-
income
6 279
-
23 158
-
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.

2 552
-
8 469
-
unemployment
364
-
1 210
-
total
9 706
-
34 532
-
Employer
36 471
-
121 007
-
accident
292
-
968
-
other
1 824
-
6 050
-
unemployment
364
-
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.

6 201
-
20 570
-
health
511
-
1 695
-
total
9 192
-
30 493
-
Corporate
105 837
151 500
-
-
income
22 226
31 816
-
-
total
22 226
31 816
-
-
Dividends
83 611
119 684
-
-
withholding
5 852
8 378
-
-
total
5 852
8 378
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 976
40 194
65 025
71 291
After tax
104 524
111 306
86 475
80 209
Living cost
26 765
26 765
26 765
26 765
Free-cash
77 759
84 541
59 710
53 444

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34794
₽32639
₽35263
₽21412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
40 622
pensions
-
-
-
8 522
total
-
-
-
49 144
Employee
94 927
-
132 577
-
health
1 564
-
2 020
-
income
17 112
-
31 386
-
pensions
9 158
-
10 665
-
total
27 834
-
44 071
-
Employer
94 927
-
132 577
-
pensions
11 208
-
16 405
-
health
1 803
-
2 519
-
total
13 011
-
18 924
-
Corporate
43 562
151 500
-
-
income

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

8 276
28 786
-
-
total
8 276
28 786
-
-
Dividends
35 286
122 714
-
-
withholding
2 647
20 827
-
-
total
2 647
20 827
-
-
Income
151 500
151 500
151 500
151 500
Total tax
51 768
49 613
62 995
49 144
After tax
99 732
101 887
88 505
102 356
Living cost
67 093
67 093
67 093
67 093
Free-cash
32 639
34 794
21 412
35 263

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116365
₽111700
₽106241
₽111907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
32 091
Employee
17 436
-
144 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 462
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 542
-
Employer
17 436
-
144 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
130 643
151 500
-
-
income
13 064
15 150
-
-
total
13 064
15 150
-
-
Dividends
117 579
136 350
-
-
withholding
5 879
6 817
-
-
total
5 879
6 817
-
-
Income
151 500
151 500
151 500
151 500
Total tax
26 632
21 967
26 425
32 091
After tax
124 868
129 533
125 075
119 409
Living cost
13 168
13 168
13 168
13 168
Free-cash
111 700
116 365
111 907
106 241

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18926
₽21455
₽29711
₽36194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 935
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
66 090
Employee
93 127
85 778
132 833
-
health
11 618
11 199
12 386
-
income

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

14 040
14 040
16 785
-
pensions
11 769
11 769
11 769
-
total
37 427
37 008
40 940
-
Employer
93 127
85 778
132 833
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 421
-
health
6 471
5 963
7 409
-
total
16 305
15 021
18 667
-
Corporate
42 067
50 702
-
-
income
8 414
10 141
-
-
total
8 414
10 141
-
-
Dividends
33 654
40 561
-
-
income
7 152
8 620
-
-
withholding
5 048
6 085
-
-
total
12 200
14 705
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 346
76 875
59 607
66 090
After tax
77 154
74 625
91 893
85 410
Living cost
55 699
55 699
55 699
55 699
Free-cash
21 455
18 926
36 194
29 711

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80288
₽71718
₽57991
₽52861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 473
health
-
-
-
20 453
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 563
total
-
-
-
69 489
Employee
35 323
-
113 060
-
social contributions
2 296
-
7 349
-
health
4 769
-
15 263
-
solidarity contribution
-
-
-
-
income
4 239
-
13 567
-
total
11 304
-
36 179
-
Employer
35 323
-
113 060
-
social contributions
8 831
-
28 265
-
health
3 179
-
10 175
-
total
12 010
-
38 440
-
Corporate
104 167
151 500
-
-
income
19 792
28 785
-
-
total
19 792
28 785
-
-
Dividends
84 375
122 715
-
-
withholding
12 656
18 407
-
-
total
12 656
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 762
47 192
74 619
69 489
After tax
95 738
104 308
76 881
82 011
Living cost
24 020
24 020
24 020
24 020
Free-cash
71 718
80 288
52 861
57 991

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38446
₽33201
₽31508
₽24534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
municipal
-
-
-
900
regional
-
-
-
1 762
national
-
-
-
35 979
social contributions
-
-
-
38 966
total
-
-
-
77 607
Employee
89 271
-
151 500
-
social contributions
30 102
-
51 085
-
regional
842
-
1 551
-
municipal
473
-
802
-
national
15 469
-
31 143
-
total
46 886
-
84 581
-
Employer
89 271
-
151 500
-
total
-
-
-
-
Corporate
62 229
151 500
-
-
nationa
14 935
36 360
-
-
municipal
2 427
5 909
-
-
total
17 362
42 269
-
-
Dividends
44 867
109 231
-
-
withholding
11 666
28 400
-
-
total
11 666
28 400
-
-
Income
151 500
151 500
151 500
151 500
Total tax
75 914
70 669
84 581
77 607
After tax
75 586
80 831
66 919
73 893
Living cost
42 385
42 385
42 385
42 385
Free-cash
33 201
38 446
24 534
31 508

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73130
₽70001
₽49729
₽44959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
37 618
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
5 429
total
-
-
-
79 606
Employee
33 217
-
125 157
-
other
-
-
-
-
health
848
-
3 193
-
surtax
109
-
4 678
-
income
5 568
-
33 103
-
pensions
2 215
-
8 347
-
unemployment
2 312
-
8 711
-
total
11 052
-
58 032
-
Employer
33 217
-
125 157
-
other
-
-
-
-
unemployment
1 052
-
3 967
-
pensions
4 428
-
16 683
-
health
1 512
-
5 694
-
total
6 992
-
26 344
-
Corporate
111 291
151 500
-
-
income
28 936
39 389
-
-
total
28 936
39 389
-
-
Dividends
82 355
112 111
-
-
withholding
12 354
16 816
-
-
total
12 354
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 334
56 205
84 376
79 606
After tax
92 166
95 295
67 124
71 894
Living cost
22 165
22 165
22 165
22 165
Free-cash
70 001
73 130
44 959
49 729

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56051
₽59778
₽56520
₽42669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
40 622
pensions
-
-
-
8 522
total
-
-
-
49 144
Employee
63 617
-
132 577
-
health
924
-
2 020
-
income
11 458
-
31 386
-
pensions
5 400
-
10 665
-
total
17 782
-
44 071
-
Employer
63 617
-
132 577
-
pensions
6 887
-
16 405
-
health
1 209
-
2 519
-
total
8 096
-
18 924
-
Corporate
79 787
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.

15 161
28 786
-
-
total
15 161
28 786
-
-
Dividends
64 627
122 714
-
-
withholding
4 847
20 827
-
-
total
4 847
20 827
-
-
Income
151 500
151 500
151 500
151 500
Total tax
45 886
49 613
62 995
49 144
After tax
105 614
101 887
88 505
102 356
Living cost
45 836
45 836
45 836
45 836
Free-cash
59 778
56 051
42 669
56 520

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7117
₽25572
₽47427
₽40064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
city
-
-
-
1 597
pensions
-
-
-
13 939
other

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

-
-
-
3 029
regional
-
-
-
6 861
health
-
-
-
341
national
-
-
-
1 912
total
-
-
-
27 679
Employee
89 401
-
135 601
-
city
959
-
1 456
-
regional
2 927
-
5 920
-
health
202
-
304
-
pensions
7 511
-
11 392
-
unemployment
-
-
-
-
national
423
-
1 562
-
total
12 022
-
20 634
-
Employer
89 401
-
135 601
-
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.

1 787
-
2 712
-
unemployment
-
-
-
-
pensions
7 511
-
11 392
-
health
202
-
304
-
total
9 500
-
14 408
-
Corporate
51 616
151 500
-
-
regional
10 917
32 043
-
-
national
4 387
12 877
-
-
total
15 304
44 920
-
-
Dividends
36 312
106 580
-
-
withholding
12 708
37 303
-
-
total
12 708
37 303
-
-
Income
151 500
151 500
151 500
151 500
Total tax
49 534
82 223
35 042
27 679
After tax
101 966
69 277
116 458
123 821
Living cost
76 394
76 394
76 394
76 394
Free-cash
25 572
-7 117
40 064
47 427

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28878
₽45169
₽34219
₽52192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
trade
-
-
-
17 973
income

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

-
-
-
44 010
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.

-
-
-
6 862
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.

-
-
-
2 421
total
-
-
-
71 266
Employee

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

60 367
-
151 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

391
-
2 421
-
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.

7 099
-
44 010
-
total
14 352
-
53 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 133
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.

751
1 250
-
-
income
13 669
22 725
-
-
trade
15 629
25 983
-
-
chamber of commerce
280
366
-
-
total
30 329
50 324
-
-
Dividends
60 804
101 175
-
-
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.

816
1 371
-
-
withholding
14 819
24 912
-
-
total
15 635
26 283
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 316
76 607
53 293
71 266
After tax
91 184
74 893
98 207
80 234
Living cost
46 015
46 015
46 015
46 015
Free-cash
45 169
28 878
52 192
34 219

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41989
₽47922
₽51420
₽51737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
21 650
pensions
-
-
-
29 437
other
-
-
-
4 697
health
-
-
-
5 614
surtax
-
-
-
-
social contributions
-
-
-
4 316
total
-
-
-
65 714
Employee
42 990
-
118 817
-
social contributions
1 226
-
3 385
-
surtax
-
-
-
-
income
2 537
-
21 716
-
pensions
4 861
-
7 613
-
total
8 624
-
32 714
-
Employer
42 990
-
118 817
-
other
1 483
-
4 358
-
social contributions
130
-
356
-
unemployment
1 740
-
4 811
-
pensions
7 062
-
12 932
-
health
3 010
-
10 226
-
total
13 425
-
32 683
-
Corporate
95 085
151 500
-
-
surtax
-
-
-
-
income
26 624
42 420
-
-
total
26 624
42 420
-
-
Dividends
68 461
109 080
-
-
surtax
-
-
-
-
social contributions
11 776
18 762
-
-
withholding
8 763
13 963
-
-
total
20 539
32 725
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 212
75 145
65 397
65 714
After tax
82 288
76 355
86 103
85 786
Living cost
34 366
34 366
34 366
34 366
Free-cash
47 922
41 989
51 737
51 420

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45394
₽50975
₽54825
₽55142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
21 650
pensions
-
-
-
29 437
other
-
-
-
4 697
health
-
-
-
5 614
surtax
-
-
-
-
social contributions
-
-
-
4 316
total
-
-
-
65 714
Employee
38 374
-
118 817
-
social contributions
1 094
-
3 385
-
surtax
-
-
-
-
income
1 979
-
21 716
-
pensions
4 340
-
7 613
-
total
7 413
-
32 714
-
Employer
38 374
-
118 817
-
other
1 325
-
4 358
-
social contributions
114
-
356
-
unemployment
1 554
-
4 811
-
pensions
6 306
-
12 932
-
health
2 686
-
10 226
-
total
11 985
-
32 683
-
Corporate
101 141
151 500
-
-
surtax
-
-
-
-
income
28 320
42 420
-
-
total
28 320
42 420
-
-
Dividends
72 821
109 080
-
-
surtax
-
-
-
-
social contributions
12 525
18 762
-
-
withholding
9 321
13 963
-
-
total
21 846
32 725
-
-
Income
151 500
151 500
151 500
151 500
Total tax
69 564
75 145
65 397
65 714
After tax
81 936
76 355
86 103
85 786
Living cost
30 961
30 961
30 961
30 961
Free-cash
50 975
45 394
55 142
54 825

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71128
₽71650
₽75993
₽73616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
22 725
health
-
-
-
10 575
social contributions
-
-
-
20 907
total
-
-
-
54 207
Employee
34 058
-
151 500
-
social contributions
4 701
-
20 907
-
health
2 377
-
10 575
-
income
5 680
-
25 102
-
total
12 758
-
56 584
-
Employer
34 058
-
151 500
-
total
-
-
-
-
Corporate
117 442
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%.

5 873
7 575
-
-
total
5 873
7 575
-
-
Dividends
111 570
143 925
-
-
health
7 787
10 046
-
-
social contributions
15 396
19 862
-
-
withholding
16 736
21 589
-
-
total
39 919
51 497
-
-
Income
151 500
151 500
151 500
151 500
Total tax
58 550
59 072
56 584
54 207
After tax
92 950
92 428
94 916
97 293
Living cost
21 300
21 300
21 300
21 300
Free-cash
71 650
71 128
73 616
75 993

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48674
₽47119
₽42294
₽4020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
606
income
-
-
-
36 162
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
73 812
Employee
50 199
40 030
117 517
-
other
501
400
1 174
-
health
1 942
1 550
4 541
-
income
5 715
2 953
28 423
-
pensions
5 141
4 098
12 017
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
49 676
-
Employer
50 199
40 030
117 517
-
accident
652
520
1 525
-
other
2 385
1 900
5 579
-
chamber of commerce
200
160
471
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 025
14 727
-
payroll
1 506
1 201
3 526
-
health
1 897
1 514
4 436
-
total
14 644
11 719
33 983
-
Corporate
86 658
99 751
113 704
-
income

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

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

21 664
24 938
28 427
-
total
21 664
24 938
28 427
-
Dividends
64 994
74 813
-
-
withholding
17 874
20 573
-
-
total
17 874
20 573
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 987
67 432
112 086
73 812
After tax
82 513
84 068
39 414
77 688
Living cost
35 394
35 394
35 394
35 394
Free-cash
47 119
48 674
4 020
42 294

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48158
₽33091
₽29502
₽18132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
national
-
-
-
54 046
communal

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

-
-
-
7 670
social contributions
-
-
-
23 658
total
-
-
-
85 374
Employee

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

71 850
-
117 341
-
communal

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

3 748
-
6 121
-
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.

3 376
-
5 515
-
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.

5 389
-
8 801
-
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.

625
-
1 022
-
national
22 090
-
41 126
-
total
35 228
-
62 585
-
Employer

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

71 850
-
117 341
-
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.

934
-
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.

1 048
-
1 714
-
surtax
8 147
-
13 305
-
pensions

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

6 367
-
10 396
-
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.

4 419
-
7 217
-
total
20 915
-
34 159
-
Corporate
58 735
151 500
-
-
surtax
234
606
-
-
income
11 748
30 301
-
-
total
11 982
30 907
-
-
Dividends
46 753
120 593
-
-
withholding

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

13 660
35 811
-
-
total
13 660
35 811
-
-
Income
151 500
151 500
151 500
151 500
Total tax
81 785
66 718
96 744
85 374
After tax
69 715
84 782
54 756
66 126
Living cost
36 624
36 624
36 624
36 624
Free-cash
33 091
48 158
18 132
29 502

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65016
₽57683
₽49029
₽44816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
38 264
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
66 195
Employee
50 000
-
121 819
-
other
50
-
93
-
income
10 550
-
34 815
-
pensions
2 350
-
4 377
-
unemployment
776
-
1 443
-
total
13 726
-
40 728
-
Employer
50 000
-
121 819
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
85 562
151 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

12 834
22 725
-
-
total
12 834
22 725
-
-
Dividends
72 728
128 775
-
-
withholding
15 044
27 483
-
-
total
15 044
27 483
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 541
50 208
70 408
66 195
After tax
93 959
101 292
81 092
85 305
Living cost
36 276
36 276
36 276
36 276
Free-cash
57 683
65 016
44 816
49 029

Estimated living cost  is ₽36276 per week

₽26713
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.
₽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.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35462
₽23924
₽23164
₽29202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
accident
-
-
-
1 277
income
-
-
-
22 035
pensions
-
-
-
22 708
health
-
-
-
10 644
surtax
-
-
-
7 510
communal
-
-
-
9 575
total
-
-
-
73 749
Employee
76 068
-
135 328
-
health
3 385
-
6 022
-
surtax
4 662
-
8 294
-
income
7 347
-
26 396
-
pensions
6 085
-
10 827
-
total
21 479
-
51 539
-
Employer
76 068
-
135 328
-
accident
684
-
1 218
-
pensions
6 085
-
10 827
-
health
2 320
-
4 127
-
total
9 089
-
16 172
-
Corporate
66 344
151 500
-
-
surtax
696
1 592
-
-
communal
4 478
10 227
-
-
income
9 952
22 725
-
-
total
15 126
34 544
-
-
Dividends
51 218
116 956
-
-
income
19 613
9 364
-
-
withholding
7 682
17 543
-
-
total
27 295
26 907
-
-
Income
151 500
151 500
151 500
151 500
Total tax
72 989
61 451
67 711
73 749
After tax
78 511
90 049
83 789
77 751
Living cost
54 587
54 587
54 587
54 587
Free-cash
23 924
35 462
29 202
23 164

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72733
₽69537
₽49332
₽44562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
37 618
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
5 429
total
-
-
-
79 606
Employee
33 827
-
125 157
-
other
-
-
-
-
health
863
-
3 193
-
surtax
120
-
4 678
-
income
5 671
-
33 103
-
pensions
2 257
-
8 347
-
unemployment
2 354
-
8 711
-
total
11 265
-
58 032
-
Employer
33 827
-
125 157
-
other
-
-
-
-
unemployment
1 073
-
3 967
-
pensions
4 510
-
16 683
-
health
1 538
-
5 694
-
total
7 121
-
26 344
-
Corporate
110 552
151 500
-
-
income
28 743
39 389
-
-
total
28 743
39 389
-
-
Dividends
81 808
112 111
-
-
withholding
12 272
16 816
-
-
total
12 272
16 816
-
-
Income
151 500
151 500
151 500
151 500
Total tax
59 401
56 205
84 376
79 606
After tax
92 099
95 295
67 124
71 894
Living cost
22 562
22 562
22 562
22 562
Free-cash
69 537
72 733
44 562
49 332

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52574
₽50345
₽46312
₽39374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
municipal
-
-
-
900
regional
-
-
-
2 285
national
-
-
-
35 979
social contributions
-
-
-
38 966
total
-
-
-
78 130
Employee
55 719
-
151 500
-
social contributions
18 789
-
51 085
-
regional
750
-
2 038
-
municipal
295
-
802
-
national
8 827
-
31 143
-
total
28 661
-
85 068
-
Employer
55 719
-
151 500
-
total
-
-
-
-
Corporate
95 781
151 500
-
-
nationa
22 987
36 360
-
-
municipal
4 760
7 529
-
-
total
27 747
43 889
-
-
Dividends
68 034
107 610
-
-
withholding
17 689
27 979
-
-
total
17 689
27 979
-
-
Income
151 500
151 500
151 500
151 500
Total tax
74 097
71 868
85 068
78 130
After tax
77 403
79 632
66 432
73 370
Living cost
27 058
27 058
27 058
27 058
Free-cash
50 345
52 574
39 374
46 312

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74709
₽64150
₽52412
₽47282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 473
health
-
-
-
20 453
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 563
total
-
-
-
69 489
Employee
43 527
-
113 060
-
social contributions
2 829
-
7 349
-
health
5 876
-
15 263
-
solidarity contribution
-
-
-
-
income
5 223
-
13 567
-
total
13 928
-
36 179
-
Employer
43 527
-
113 060
-
social contributions
10 882
-
28 265
-
health
3 917
-
10 175
-
total
14 799
-
38 440
-
Corporate
93 173
151 500
-
-
income
17 703
28 785
-
-
total
17 703
28 785
-
-
Dividends
75 470
122 715
-
-
withholding
11 321
18 407
-
-
total
11 321
18 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 751
47 192
74 619
69 489
After tax
93 749
104 308
76 881
82 011
Living cost
29 599
29 599
29 599
29 599
Free-cash
64 150
74 709
47 282
52 412

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52128
₽51635
₽45840
₽7430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
606
income
-
-
-
36 162
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
73 614
Employee
43 908
40 030
117 704
-
other
438
400
1 174
-
health
1 698
1 550
4 541
-
income
3 911
2 953
28 501
-
pensions
4 497
4 098
12 017
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
49 754
-
Employer
43 908
40 030
117 704
-
accident
570
520
1 525
-
other
2 085
1 900
5 587
-
chamber of commerce
175
160
471
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 025
14 727
-
payroll
1 317
1 201
3 530
-
health
1 660
1 514
4 436
-
total
12 635
11 521
33 797
-
Corporate
94 956
99 949
113 891
-
income

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

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

23 739
24 988
28 473
-
total
23 739
24 988
28 473
-
Dividends
71 216
74 961
-
-
withholding
19 584
20 615
-
-
total
19 584
20 615
-
-
Income
151 500
151 500
151 500
151 500
Total tax
67 819
67 326
112 024
73 614
After tax
83 681
84 174
39 476
77 886
Living cost
32 046
32 046
32 046
32 046
Free-cash
51 635
52 128
7 430
45 840

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129745
₽127086
₽135805
₽107020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
151 500
-
income
3 545
-
30 300
-
total
3 545
-
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%.

133 774
151 500
-
-
total
-
-
-
-
Dividends
133 774
151 500
-
-
withholding
6 689
7 575
-
-
total
6 689
7 575
-
-
Income
151 500
151 500
151 500
151 500
Total tax
10 234
7 575
30 300
1 515
After tax
141 266
143 925
121 200
149 985
Living cost
14 180
14 180
14 180
14 180
Free-cash
127 086
129 745
107 020
135 805

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77365
₽68963
₽48342
₽44330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 415
pensions
-
-
-
27 668
unemployment
-
-
-
227
health
-
-
-
14 906
total
-
-
-
76 216
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.

44 418
-
131 091
-
health
2 869
-
8 469
-
income
7 660
-
30 847
-
pensions
6 885
-
20 320
-
unemployment
63
-
183
-
total
17 477
-
59 819
-
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.

44 418
-
131 091
-
unemployment
27
-
78
-
pensions
3 931
-
11 601
-
health
2 958
-
8 730
-
total
6 916
-
20 409
-
Corporate
100 166
151 500
-
-
income
19 031
28 785
-
-
total
19 031
28 785
-
-
Dividends
81 135
122 715
-
-
withholding
12 171
18 408
-
-
total
12 171
18 408
-
-
Income
151 500
151 500
151 500
151 500
Total tax
55 595
47 193
80 228
76 216
After tax
95 905
104 307
71 272
75 284
Living cost
26 942
26 942
26 942
26 942
Free-cash
68 963
77 365
44 330
48 342

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48611
₽588
₽61137
₽94656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
29 530
social contributions
-
-
-
17 271
total
-
-
-
46 801
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
966
151 500
-
-
income
212
33 330
-
-
total
212
33 330
-
-
Dividends
753
118 170
-
-
income
166
25 997
-
-
total
166
25 997
-
-
Income
151 500
151 500
151 500
151 500
Total tax
107 350
59 327
13 282
46 801
After tax
44 150
92 173
138 218
104 699
Living cost
43 562
43 562
43 562
43 562
Free-cash
588
48 611
94 656
61 137

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54665
₽53654
₽50519
₽39775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
income
-
-
-
16 827
surtax
-
-
-
-
social contributions

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

-
-
-
52 647
total
-
-
-
69 474
Employee
46 198
-
122 423
-
social contributions
5 082
-
13 467
-
surtax
-
-
-
-
income
9 609
-
37 676
-
total
14 691
-
51 143
-
Employer
46 198
-
122 423
-
social contributions
10 972
-
29 075
-
total
10 972
-
29 075
-
Corporate
94 330
151 500
-
-
surtax
-
-
-
-
income
19 809
31 816
-
-
total
19 809
31 816
-
-
Dividends
74 521
119 684
-
-
withholding
20 867
33 512
-
-
total
20 867
33 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
66 339
65 328
80 218
69 474
After tax
85 161
86 172
71 282
82 026
Living cost
31 507
31 507
31 507
31 507
Free-cash
53 654
54 665
39 775
50 519

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
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.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27840
₽34744
₽37271
₽37588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
21 650
pensions
-
-
-
29 437
other
-
-
-
4 697
health
-
-
-
5 614
surtax
-
-
-
-
social contributions
-
-
-
4 316
total
-
-
-
65 714
Employee
62 912
-
118 817
-
social contributions
1 792
-
3 385
-
surtax
-
-
-
-
income
5 489
-
21 716
-
pensions
7 116
-
7 613
-
total
14 397
-
32 714
-
Employer
62 912
-
118 817
-
other
2 171
-
4 358
-
social contributions
189
-
356
-
unemployment
2 549
-
4 811
-
pensions
10 337
-
12 932
-
health
4 403
-
10 226
-
total
19 649
-
32 683
-
Corporate
68 939
151 500
-
-
surtax
-
-
-
-
income
19 304
42 420
-
-
total
19 304
42 420
-
-
Dividends
49 635
109 080
-
-
surtax
-
-
-
-
social contributions
8 538
18 762
-
-
withholding
6 353
13 963
-
-
total
14 891
32 725
-
-
Income
151 500
151 500
151 500
151 500
Total tax
68 241
75 145
65 397
65 714
After tax
83 259
76 355
86 103
85 786
Living cost
48 515
48 515
48 515
48 515
Free-cash
34 744
27 840
37 588
37 271

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106156
₽102781
₽82260
₽86286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
5 717
social contributions
-
-
-
33 329
total
-
-
-
39 046
Employee
32 293
-
131 169
-
income
-
-
6 165
-
social contributions
2 099
-
8 524
-
total
2 099
-
14 689
-
Employer
32 293
-
131 169
-
social contributions
5 006
-
20 331
-
total
5 006
-
20 331
-
Corporate
114 202
151 500
-
-
income
11 420
15 150
-
-
total
11 420
15 150
-
-
Dividends
102 782
136 350
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
18 525
15 150
35 020
39 046
After tax
132 975
136 350
116 480
112 454
Living cost
30 194
30 194
30 194
30 194
Free-cash
102 781
106 156
86 286
82 260

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67345
-₽67345
₽42447
-₽67345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
municipal
-
-
-
30 803
pensions
-
-
-
871
national
-
-
-
16 955
labour market
-
-
-
12 050
total
-
-
-
60 679
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
151 500
151 500
151 500
151 500
Total tax
170 471
170 471
170 471
60 679
After tax
-18 971
-18 971
-18 971
90 821
Living cost
48 374
48 374
48 374
48 374
Free-cash
-67 345
-67 345
-67 345
42 447

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9447
₽8941
₽81938
₽59695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
accident
-
-
-
253
income
-
-
-
40 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 843
Employee
34 165
-
134 903
-
health
3 912
-
15 446
-
income
4 687
-
30 398
-
pensions
3 847
-
7 645
-
total
12 446
-
53 489
-
Employer
34 165
-
134 903
-
accident
570
-
2 253
-
unemployment
837
-
3 305
-
pensions
5 555
-
11 039
-
total
6 962
-
16 597
-
Corporate
110 372
151 500
-
-
income

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

99 335
136 350
-
-
total
99 335
136 350
-
-
Dividends
11 037
15 150
-
-
withholding
2 097
2 878
-
-
total
2 097
2 878
-
-
Income
151 500
151 500
151 500
151 500
Total tax
120 840
139 228
70 086
47 843
After tax
30 660
12 272
81 414
103 657
Living cost
21 719
21 719
21 719
21 719
Free-cash
8 941
-9 447
59 695
81 938

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57946
₽59864
₽62848
₽42526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
municipal
-
-
-
26 925
health
-
-
-
1 914
national
-
-
-
21 249
total
-
-
-
50 088
Employee
52 847
-
127 450
-
health
395
-
1 544
-
municipal
8 656
-
20 770
-
pensions
3 566
-
8 603
-
unemployment
793
-
1 912
-
national
873
-
13 530
-
total
14 283
-
46 359
-
Employer
52 847
-
127 450
-
accident
53
-
128
-
unemployment
343
-
829
-
pensions
9 169
-
22 112
-
health
406
-
982
-
total
9 971
-
24 051
-
Corporate
88 682
151 500
-
-
income
17 737
30 301
-
-
total
17 737
30 301
-
-
Dividends

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

53 208
90 900
-
-
national
1 504
8 326
-
-
municipal
9 577
16 363
-
-
total
11 081
24 689
-
-
Income
151 500
151 500
151 500
151 500
Total tax
53 072
54 990
70 410
50 088
After tax
98 428
96 510
81 090
101 412
Living cost
38 564
38 564
38 564
38 564
Free-cash
59 864
57 946
42 526
62 848

Estimated living cost  is ₽38564 per week

₽25190
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.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87348
₽81882
₽81567
₽80167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
26 561
health
-
-
-
3 864
social contributions
-
-
-
16 252
total
-
-
-
46 677
Employee
77 239
77 239
140 259
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 385
-
income
8 410
7 150
25 806
-
total
11 929
14 873
36 837
-
Employer
77 239
77 239
140 259
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 594
-
total
3 570
7 840
11 240
-
Corporate
112 745
66 421
-
-
income
14 092
8 303
-
-
total
14 092
8 303
-
-
Dividends
98 652
58 118
-
-
withholding
16 771
9 880
-
-
total
16 771
9 880
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 362
40 896
48 077
46 677
After tax
105 138
110 604
103 423
104 823
Living cost
23 256
23 256
23 256
23 256
Free-cash
81 882
87 348
80 167
81 567

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109510
₽104399
₽110295
₽90147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 204
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
25 257
Employee

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

23 056
-
141 683
-
health
1 960
-
8 101
-
income
1 576
-
12 714
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 108
-
35 588
-
Employer

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

23 056
-
141 683
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
126 071
151 500
-
-
income
11 346
13 635
-
-
total
11 346
13 635
-
-
Dividends
114 725
137 865
-
-
withholding
10 326
12 407
-
-
total
10 326
12 407
-
-
Income
151 500
151 500
151 500
151 500
Total tax
31 153
26 042
45 405
25 257
After tax
120 347
125 458
106 095
126 243
Living cost
15 948
15 948
15 948
15 948
Free-cash
104 399
109 510
90 147
110 295

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73670
₽69070
₽57683
₽53470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
38 264
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
66 195
Employee
37 141
-
121 819
-
other
36
-
93
-
income
7 161
-
34 815
-
pensions
1 746
-
4 377
-
unemployment
576
-
1 443
-
total
9 519
-
40 728
-
Employer
37 141
-
121 819
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 765
-
21 972
-
total
11 841
-
29 680
-
Corporate
102 518
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.

15 377
22 725
-
-
total
15 377
22 725
-
-
Dividends
87 141
128 775
-
-
withholding
18 071
27 483
-
-
total
18 071
27 483
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 808
50 208
70 408
66 195
After tax
96 692
101 292
81 092
85 305
Living cost
27 622
27 622
27 622
27 622
Free-cash
69 070
73 670
53 470
57 683

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91786
₽91335
₽94110
₽93914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 179
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
54 640
Employee
4 189
-
149 243
-
health
209
-
502
-
income
810
-
51 074
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
52 579
-
Employer
4 189
-
149 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
146 368
151 500
-
-
income
32 201
33 330
-
-
total
32 201
33 330
-
-
Dividends
114 167
118 170
-
-
withholding
22 833
23 634
-
-
total
22 833
23 634
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 415
56 964
54 836
54 640
After tax
94 085
94 536
96 664
96 860
Living cost
2 750
2 750
2 750
2 750
Free-cash
91 335
91 786
93 914
94 110

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92089
₽87148
₽72394
₽72392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 679
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
61 736
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.

26 193
-
138 213
-
health
1 349
-
3 823
-
income
3 610
-
33 679
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
48 451
-
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.

26 193
-
138 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
120 619
151 500
-
-
income
18 093
22 725
-
-
total
18 093
22 725
-
-
Dividends
102 526
128 775
-
-
withholding
15 379
19 316
-
-
total
15 379
19 316
-
-
Income
151 500
151 500
151 500
151 500
Total tax
46 982
42 041
61 738
61 736
After tax
104 518
109 459
89 762
89 764
Living cost
17 370
17 370
17 370
17 370
Free-cash
87 148
92 089
72 392
72 394

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59092
₽58730
₽54946
₽44202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
income
-
-
-
16 827
surtax
-
-
-
-
social contributions

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

-
-
-
52 647
total
-
-
-
69 474
Employee
38 986
-
122 423
-
social contributions
4 289
-
13 467
-
surtax
-
-
-
-
income
7 618
-
37 676
-
total
11 907
-
51 143
-
Employer
38 986
-
122 423
-
social contributions
9 258
-
29 075
-
total
9 258
-
29 075
-
Corporate
103 256
151 500
-
-
surtax
-
-
-
-
income
21 685
31 816
-
-
total
21 685
31 816
-
-
Dividends
81 571
119 684
-
-
withholding
22 840
33 512
-
-
total
22 840
33 512
-
-
Income
151 500
151 500
151 500
151 500
Total tax
65 690
65 328
80 218
69 474
After tax
85 810
86 172
71 282
82 026
Living cost
27 080
27 080
27 080
27 080
Free-cash
58 730
59 092
44 202
54 946

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65990
₽58998
₽50003
₽45790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
38 264
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
66 195
Employee
48 511
-
121 819
-
other
48
-
93
-
income
10 132
-
34 815
-
pensions
2 280
-
4 377
-
unemployment
751
-
1 443
-
total
13 211
-
40 728
-
Employer
48 511
-
121 819
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
87 522
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.

13 128
22 725
-
-
total
13 128
22 725
-
-
Dividends
74 394
128 775
-
-
withholding
15 394
27 483
-
-
total
15 394
27 483
-
-
Income
151 500
151 500
151 500
151 500
Total tax
57 200
50 208
70 408
66 195
After tax
94 300
101 292
81 092
85 305
Living cost
35 302
35 302
35 302
35 302
Free-cash
58 998
65 990
45 790
50 003

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112257
₽106137
₽102133
₽107799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
32 091
Employee
22 876
-
144 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 462
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 542
-
Employer
22 876
-
144 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
124 135
151 500
-
-
income
12 413
15 150
-
-
total
12 413
15 150
-
-
Dividends
111 722
136 350
-
-
withholding
5 587
6 817
-
-
total
5 587
6 817
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 087
21 967
26 425
32 091
After tax
123 413
129 533
125 075
119 409
Living cost
17 276
17 276
17 276
17 276
Free-cash
106 137
112 257
107 799
102 133

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39231
₽52373
₽44389
₽59427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
151 500
trade
-
-
-
15 038
income

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

-
-
-
44 010
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.

-
-
-
6 862
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.

-
-
-
2 421
total
-
-
-
68 331
Employee

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

49 979
-
151 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

227
-
2 421
-
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.

4 110
-
44 010
-
total
11 199
-
53 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 521
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.

837
1 250
-
-
income
15 228
22 725
-
-
trade
14 569
21 740
-
-
chamber of commerce
301
376
-
-
total
30 935
46 091
-
-
Dividends
70 586
105 409
-
-
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.

949
1 428
-
-
withholding
17 264
25 970
-
-
total
18 213
27 398
-
-
Income
151 500
151 500
151 500
151 500
Total tax
60 347
73 489
53 293
68 331
After tax
91 153
78 011
98 207
83 169
Living cost
38 780
38 780
38 780
38 780
Free-cash
52 373
39 231
59 427
44 389

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48830
₽51050
₽25599
₽25599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
43 996
social contributions
-
-
-
24 686
total
-
-
-
68 682
Employee
78 572
-
151 500
-
income
14 826
-
43 996
-
social contributions
6 528
-
24 686
-
total
21 354
-
68 682
-
Employer
78 572
-
151 500
-
total
-
-
-
-
Corporate
72 928
151 500
-
-
income
9 115
18 938
-
-
total
9 115
18 938
-
-
Dividends
63 813
132 562
-
-
withholding
12 762
26 513
-
-
total
12 762
26 513
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 231
45 451
68 682
68 682
After tax
108 269
106 049
82 818
82 818
Living cost
57 219
57 219
57 219
57 219
Free-cash
51 050
48 830
25 599
25 599

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56704
₽60215
₽79713
₽72807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
151 500
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
146 879
-
income
5 000
-
32 988
-
social contributions
4 617
-
4 621
-
total
9 617
-
37 609
-
Employer
46 079
-
146 879
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
100 804
151 500
-
-
income
35 281
53 026
-
-
total
35 281
53 026
-
-
Dividends
65 523
98 474
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
151 500
151 500
151 500
151 500
Total tax
54 822
58 333
42 230
35 324
After tax
96 678
93 167
109 270
116 176
Living cost
36 463
36 463
36 463
36 463
Free-cash
60 215
56 704
72 807
79 713

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64624
₽70566
₽65093
₽51242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
income
-
-
-
40 622
pensions
-
-
-
8 522
total
-
-
-
49 144
Employee
51 149
-
132 577
-
health
667
-
2 020
-
income
9 315
-
31 386
-
pensions
3 904
-
10 665
-
total
13 886
-
44 071
-
Employer
51 149
-
132 577
-
pensions
5 168
-
16 405
-
health
972
-
2 519
-
total
6 140
-
18 924
-
Corporate
94 211
151 500
-
-
income

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

17 900
28 786
-
-
total
17 900
28 786
-
-
Dividends
76 311
122 714
-
-
withholding
5 745
20 827
-
-
total
5 745
20 827
-
-
Income
151 500
151 500
151 500
151 500
Total tax
43 671
49 613
62 995
49 144
After tax
107 829
101 887
88 505
102 356
Living cost
37 263
37 263
37 263
37 263
Free-cash
70 566
64 624
51 242
65 093

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11597
₽8609
₽79788
₽57545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
accident
-
-
-
253
income
-
-
-
40 865
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
47 843
Employee
37 547
-
134 903
-
health
4 299
-
15 446
-
income
5 151
-
30 398
-
pensions
4 228
-
7 645
-
total
13 678
-
53 489
-
Employer
37 547
-
134 903
-
accident
627
-
2 253
-
unemployment
920
-
3 305
-
pensions
6 105
-
11 039
-
total
7 652
-
16 597
-
Corporate
106 302
151 500
-
-
income

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

95 672
136 350
-
-
total
95 672
136 350
-
-
Dividends
10 630
15 150
-
-
withholding
2 020
2 878
-
-
total
2 020
2 878
-
-
Income
151 500
151 500
151 500
151 500
Total tax
119 022
139 228
70 086
47 843
After tax
32 478
12 272
81 414
103 657
Living cost
23 869
23 869
23 869
23 869
Free-cash
8 609
-11 597
57 545
79 788

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽113921
₽109222
₽71678
₽91254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
757
health insurance
-
-
-
11 211
income
-
-
-
24 594
pensions
-
-
-
27 876
unemployment
-
-
-
1 818
total
-
-
-
66 256
Employee

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

21 706
-
151 500
-
work injury
109
-
402
-
income
2 171
-
24 594
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
46 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 794
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%.

1 298
1 515
-
-
total
1 298
1 515
-
-
Dividends
128 496
149 985
-
-
withholding
19 274
22 498
-
-
total
19 274
22 498
-
-
Income
151 500
151 500
151 500
151 500
Total tax
28 712
24 013
46 680
66 256
After tax
122 788
127 487
104 820
85 244
Living cost
13 566
13 566
13 566
13 566
Free-cash
109 222
113 921
91 254
71 678

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽39783
₽35214
₽32085
₽25332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
151 500
municipal
-
-
-
1 012
regional
-
-
-
3 442
national
-
-
-
35 979
social contributions
-
-
-
38 966
total
-
-
-
79 399
Employee
84 643
-
151 500
-
social contributions
28 541
-
51 085
-
regional
1 278
-
3 020
-
municipal
505
-
904
-
national
14 304
-
31 143
-
total
44 628
-
86 152
-
Employer
84 643
-
151 500
-
total
-
-
-
-
Corporate
66 857
151 500
-
-
nationa
16 046
36 360
-
-
municipal
3 223
7 303
-
-
total
19 269
43 663
-
-
Dividends
47 587
107 837
-
-
withholding
12 373
28 038
-
-
total
12 373
28 038
-
-
Income
151 500
151 500
151 500
151 500
Total tax
76 270
71 701
86 152
79 399
After tax
75 230
79 799
65 348
72 101
Living cost
40 016
40 016
40 016
40 016
Free-cash
35 214
39 783
25 332
32 085

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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